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​​Meerkat Finance (MKAT) has lost $31M due to hack or rug pull. Meerkat Finance, a yield farming pool running on the Binance Smart Chain that went live just one day ago. Both project’s website and Twitter account are down.

FLOW reached $41, which is 410x from the community sale price (1 account of $1,000 is now valued at $410,000) and 107x from the auction price.

⁠Binance Smart Chain 'copykat' project loses $31 million in possible rugpull Users now need to ask: how many more protocols are at risk? https://ct.com/9fav

⁠Crypto Valley's top companies up 680% in value since mid-2020 Switzerland’s Crypto Valley is continuing to grow despite the Covid-19 pandemic, with its top 50 companies increasing in value by more than $200 billion in less than one year. https://ct.com/9f8g

⁠Nvidia wins legal battle over $1B in sales of crypto mining hardware after 3 years Top GPU manufacturer Nvidia is celebrating after a judge nixed the lawsuit accusing it of misleading investors by “understating” GPU sales to crypto miners. https://ct.com/9f8e

⁠Polygon-based QuickSwap's TVL grows by $75M in two weeks QuickSwap is quickly become the go-to DEX for trading Ethereum tokens off-chain, with its liquidity quadrupling since late February. https://ct.com/9f88

⁠Bitcoin and Ethereum slow down as transaction values and fees plunge 70% On-chain metrics for both cryptocurrencies show a marked decrease in the dollar value of transactions and the subsequent transaction fees. https://ct.com/9f8y

⁠All you can eat: SushiSwap deploys contracts on five new networks Top decentralized exchanges are exploring alternatives to Ethereum amid high gas prices, with SushiSwap porting its platform onto five additional networks. https://ct.com/9f8b

⁠Colombia’s oldest commercial bank pilots crypto services One of the largest banks in Colombia, Banco de Bogotá, will pilot crypto services as part of a regulatory sandbox project. https://ct.com/9f8r

⁠Coinbase CEO tops China’s Hurun list of blockchain billionaires Coinbase CEO Brian Armstrong’s estimated wealth surged 10-fold over the past year to hit $11.5 billion, according to China’s Hurun Research Institute. https://ct.com/9f8z

⁠tZERO and Earn partner up for real-estate backed digital securities liquidity Earn is expected to provide extra liquidity to the tZERO platform through exposure to its issuers of property-backed digital securities. https://ct.com/9f8t

⁠A dark horse in the Ethereum scaling wars? Chainlink’s oracles find fertile ground on xDai Chainlink is rolling out support for xDai, a layer-two sidechain whose perceived centralization hasn’t stopped major DApp players. https://ct.com/9fb1

⁠Unslashed Finance raises $2M for crypto insurance platform Investors include Lemniscap, P2P capital and others. Unslashed Finance has sold $400 million in coverage since its private launch last month. https://ct.com/9fac

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⁠Huobi secures crypto asset management license in Hong Kong A Huobi subsidiary has been given the green light to operate a crypto investment fund by regulators in Hong Kong. https://ct.com/9f8w

​​How to protect your crypto for generations to come Crypto savings can be wiped out instantly if private keys are lost or stolen — but this cutting-edge backup method reduces the risk of something going wrong. #Sponsored https://ct.com/9fao

⁠Iota releases Smart Contracts Protocol alpha ahead of Coordicide rollout Developers can now try out the upcoming WebAssembly smart contract platform. https://ct.com/9f9o

​​Now, you can buy crypto in minutes — direct from your bank account Crypto payments can often have a lot of friction — but now, a smart contract enables atomic swaps to take place between fiat currencies and digital assets. #Sponsored https://ct.com/9f9w

⁠Crypto.com launches $200M investment fund for cryptocurrency startups The $200 million will be used to invest in seed and Series A funding rounds for promising cryptocurrency startups. https://ct.com/9f9e