DEFI Journal
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Since 2018, Defi Journal has been talking about the future of money and investment, highlighting the transformations in society and culture that are happening to them.

Contact: @cryptadvbot
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🔔 Snoop Dogg & Wiz Khalifa launch ApeCoin-themed music NFTs

Popular rapper Snoop Dogg recently released its new music as NFTs themed around ApeCoin (APE) and the Bored Ape Yacht Club (BAYC).

The collection, titled “Ape Drops 03: An 8th,” consists of eight tracks made in collaboration with fellow rapper Wiz Khalifa.

APE prices have soared after the move, trading 17% higher at $13.8.

https://twitter.com/CoinGapeMedia/status/1506885504176095232?t=tOh_Ge4WeWHVrFqVLzV1Vg&s=09
Shiba Inu announces SHIB, its own new Metaverse

Shiba Inu has announced the launch of SHIB: The Metaverse, which will consist of 100,595 plots of land and 4 different districts.

https://twitter.com/shibtoken/status/1509252133710753792?s=21&t=nSMCg885gBVbdzKIjROpQg
Vee Finance exploiter transferred ~2,500 $ETH into Tornado Cash

Vee Finance, a lending protocol that bridges the gap between traditional finance users and crypto users faced an exploit in September 2021 and now a transaction has been noticed.

The Vee Financial exploiter had transferred around 2,500 $ETH into Tornado Cash.

https://twitter.com/peckshield/status/1510264938475896837?t=gNIQMd9rZZg4tIYrrVcpPA&s=09
Vikita is a collection of virtual characters that give you access to the #NFTgame!

VikitaNFT is a collection of 10,000 randomly generated NFTs on the Ethereum blockchain which originate from 40 well-known fiction and real-life personalities. Our goal is to create our own Metaverse, where Vikita is only the first step. Your Vikita provides an exclusive invitation to a closed community that will widen and play with new colors as our created world expands.

👀 Join discord.gg/JQSJCRQHFf
UK Government plans to create an NFT

The U.K. government plans to issue a non-fungible token (NFT) to signal its commitment to a forward-looking approach to cryptocurrency technology and investment.

This will be an emblem of the forward-looking approach the government is determined to take.

The announcement also included the government's vision for stablecoins and distributed ledger technologies as part of its strategy for the U.K. financial services industry.

https://twitter.com/CoinDesk/status/1511001279199428611?s=20&t=B_CQLi_jvMUzHoPuwOQb5g
🥳 Today marks the 47th Birthday of Satoshi Nakamoto

Today, 5th April 2022 is the 47th birthday of Satoshi Nakamoto, the presumed person or persons who developed Bitcoin and changed the world forever.

Nakamoto was active in the development of bitcoin up until December 2010.
Sony and KIRKBI invest $2 billion to build Epic Games' Metaverse 🚀

Epic Games announced a $2 billion round of funding, with existing investor Sony Group Corporation as well as KIRKBI, the family-owned holding and investment company behind The LEGO Group, each investing $1 billion.

The new funding will help Epic Games expand its work on building the metaverse and position the company for further growth by creating new social entertainment exploring the connection between digital and physical worlds.

https://www.epicgames.com/site/en-US/news/sony-and-kirkbi-invest-in-epic-games-to-build-the-future-of-digital-entertainment
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Cricket Star Manager (CSM) releases its new teaser video 🚀

Cricket Star Manager (CSM), a Play-to-Earn mobile-first cricket manager game releases the teaser video of its game.

CSM platform allows users to create their cricket team, starting in the lowest league along with other beginners.

https://twitter.com/CricketStarMngr/status/1512037463157530624?s=20&t=NDlxzpfe3dVDo5lAITT5Rw
STEPN (GMT) NFT sale on Binance NFT 🚀

STEPN, move-to-earn health, and fitness application announced its NFTs Sale (Sneakers & Shoeboxes) on BinanceNFT in collaboration with ASICS from 13th April 2022 at 12 AM UTC to 19th April 2022 at 12 PM (UTC)

This is the very first limited edition of STEPN x ASICS NFT Sneakers. There are four Sneaker types, each designed to suit a different exercise intensity and fitness level.

Users equipped with these NFT Sneakers in STEPN mobile app can move and earn tokens and NFT rewards.

https://twitter.com/Stepnofficial/status/1513704120187699200?s=20&t=qZxI9GfcQHI95WYcZTyoTA
Shiba Inu, Solana and four other tokens added to Robinhood

Four popular cryptocurrencies, including the tokens of Shiba Inu and Solana, have been listed on the trading platform Robinhood.

SHIB, SOL, Polygon’s MATIC, and Compound’s COMP tokens were added to Robinhood Crypto, the platform's crypto-focused trading platform.

SHIB prices surged some 7% in the past hour. It is the second meme coin to be listed on Robinhood, alongside Dogecoin’s DOGE. COMP jumped 6.6%, MATIC added 3.5% and SOL 2%.

he additions come after the company said last week it activated its crypto wallet for 2 million eligible customers, making digital asset transfers broadly possible in the long-firewalled investments app.

https://twitter.com/CoinDesk/status/1513844885635403780?t=BFxPjz71TyrMsVYJCfdXOw&s=19
Australian cricket to launch an official range of NFTs on Rario

Cricket Australia (CA) and the Australian Cricketers Association (ACA) have signed a multi-year licensing deal with Singapore-based collectibles platform Rario and NFT trading company BlockTrust.

This will enable cricket lovers to own and trade NFTs of some of the most memorable cricketing moments on Australian soil using eco-friendly blockchain technology.

The partnership will support the growth of the game along with supporting past and present players through their historic achievements being featured in NFT moments.

https://www.cricket.com.au/news/nfts-non-fungible-tokens-cricket-australia-rario-blocktrust-cricketers-association/2022-04-13
Beanstalk hacker steals $80M in flash loan exploit

Beanstalk, a credit-based stablecoin protocol built on Ethereum, is the latest DeFi project to suffer a major exploit.

The hacker made off with about $80 million, but the protocol losses are thought to be much higher.

Details
Binance to limit services for Russian citizens after EU sanctions

Binance, by following the EU’s fifth package of restrictive measures against Russia, will limit services for Russian nationals or natural persons residing in Russia, or legal entities established in Russia.

The rules will apply to anyone owning crypto assets exceeding the value of 10,000 EUR. Accounts that classify under this restriction will be turned into withdrawal-only mode. No deposits or trading will be permitted on these accounts.

The limit also covers all spot, futures, custody wallets, and staked and earned deposits. Accounts for Russian nationals residing outside Russia and people with a balance below 10k EUR will remain unaffected and active.

Russian nationals or naturals who have crypto account balances that exceed 10k EUR will be given 90 days to close out their positions.

https://www.binance.com/en/support/announcement/4887e569afdf4b1e89e024371d3a49b9
🇲🇽 Central Bank of Mexico will launch its CBDC by 2025

The Governor of Banco de Mexico (the country’s central bank) informed that Mexico will have its CBDC in full circulation within the next 3 years, i.e., 2025.

The CBDC will enable greater financial inclusion for citizens while expanding existing payment options. They also expect to deploy new automation mechanisms to speed up payment processes.

The announcement, however, gives the idea that Mexico’s CBDC could support more services than just transmission of the value.

https://cryptopotato.com/banco-de-mexico-will-launch-its-cbdc-in-3-years/
STEPN official website becomes a site of phishing

STEPN, a free web3 lifestyle app with social-fi and game-fi elements has countered a number of phishing recently.

The platform inserts a false Metamask browser extension leading to stealing the seed phrase or prompt to connect your wallets or “Claim” giveaway.

https://twitter.com/PeckShieldAlert/status/1518499183237672960?t=qFpIwrc-21-kxj_QCxa23g&s=09
BAYC has sold over $100 Million worth of digital real estate in 45 minutes

The creator of Bored Ape Yacht Club is about to sell $300 million in metaverse land for its game "Otherside."

Yuga Labs will issue digital "deeds" for up to 55,000 plots of metaverse property.

Moreover, within 45 minutes post launch, around $100 million worth of plots on the Otherside Metaverse is sold. It is estimated that more than $300 million worth of plots could be minted on the Otherside Metaverse today.
Meta’s Instagram to support NFTs from Ethereum, Polygon, Solana, Flow

Instagram, the social media powerhouse owned by Meta is planning non-fungible token (NFT) integrations for Ethereum, Polygon, Solana and Flow.

This will feature a small group of NFT aficionados based in the U.S. Instagram will not charge users for posting and sharing NFTs.

The platform intends to support widely used crypto wallets such as MetaMask through which users will be able to prove NFT ownership, showcase them on their profiles and tag the creators who made them.
LUNA Update: The Terra blockchain was officially halted
Do Kwon is proposing a “Terra ecosystem Revival Plan 2,” which includes ditching his algorithmic stablecoin UST and creating a new chain.

◾️If his plan passes, Terraform Labs will coordinate the creation of the new chain with validators on May 27, Kwon said.

◾️Then, “New $LUNA will be airdropped to $LUNC stakers, holders, residual UST holders, and essential app developers,” he added.

➡️ Source 👉 Twitter