Daily Crypto NewsEDITION #299, 11 May 2022

Gem City vs scammers (again and again)

Hey Moni Maker 👾

Today in Gem City, the scammers tried to rob the main treasure with all the city's gems! The Gem Police decided to take the ploy - they tagged the gems and let the scammers get away with it. An hour later, the Gem SWAT team caught up with the den of crooks, located on Gem City's outskirts.

Follow our Telegram and Twitter to all scammers would burn in hell! And remember...

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1) https://rift.finance/

Protection is needed, you know that. Amulet is an insurance DeFi-protocol for ecosystems on Rust, and it's built on Solana. Yes, yes, the guys will protect us from stablecoin de-pegging (hello, UST!). Guys are going to safeguard stakers and smart contracts, too, ofc. In straightforward terms, the guys will make the protocol-insurance simple, transparent and accessible to everyone on Web3. 

The protocol is not yet up and running, so DYOR and join Discord - not many followers there yet.

Project is here  

"Twitter announces the death of Azuki" are the kind of posts that crypto Twitter is now rife with. So what prompted the burying of one of the top NFT collections of the moment? MoniCryptoResearch is here to find out!

First, as you know, there was the word, the word was from Zagabond aka Funder Azuki, and it was probably sincere but a little rash. Because... it caused the minimum price of the collection to drop by 45%.

Zaganond recounted that the previous collections he had his hands on were so-so. Twitter hero ZachXBT started to "promote" this case that Auzki founder has some bad cases. As already said, Azuki's flor moved from 19 ETH to 10, and Zagabond's reputation was tarnished.

Press: Azuki funder dumping...Azuki, Elon is having fun on Twitter, and Instagram is adding support for NFT 

Read the digest on the website

Kawaii P2E game Nyan Heroes has raised $7,500,000 in a strategic round of game development funding. Too many clever words for a game about cats, eh?

Btw, these cats (or rather the company) are valued at $100,000,000 by investors, with funds such as Kosmos Ventures, Sino Global Capital, Shima Capital and Petrock Capita already invested in the project. The funds raised are to be spent on new hires and community interaction.

Nyan Heroes is a play-to-earn game about cats fighting each other in fighting robots. The project went public at the end of 2021 and raised $2,500,000 from Three Arrows Capital, Mechanism Capital, and Defiance Capital. It's all running on Solana blockchain and plans to launch later this year.

As you can see, there is still time before the project comes out, so look out and DYOR

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