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Crypto Morning Briefing: Justin Sun Issues Apology After Sui LaunchPool Clash With Binance CEO

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Top Stories

Just-In: Blur Marketplace Revolutionizes NFT Lending With New P2P Protocol Launch

On Monday, May 1, the leading NFT Marketplace Blur announced a new lending protocol for non-fungible tokens (NFTs).

a16z Crypto Urges the UK To Consider ‘More Nuanced’ Regulatory Framework

A16z crypto is urging the UK to consider a "more nuanced approach" to the regulation of digital assets as the country considers a new framework to govern both trading and lending.

Bitget Crypto Exchange Still Hiring, Eyes Hong Kong License, To Rebrand BitKeep Wallet

The Bitget cryptocurrency exchange, which started up in 2018 and says it now has more than 8 million users in 100 countries, last month set up a US$100 million fund to support development of blockchain, cryptocurrency, and non-fungible token (NFT) projects, prioritizing partners in Asia.

OKX Adds Pepe (PEPE) To Spot Trading Markets

OKX, a significant cryptocurrency exchange, has revealed that it will add Pepe (PEPE) to its spot trading markets. The announcement was made on May 1, and the trading and withdrawal plan has been released.

Justin Sun Issues Apology After Sui LaunchPool Clash With Binance CEO

On May 1, Binance CEO Changpeng Zhao (CZ) issued a warning to Tron founder Justin Sun regarding a deposit of 56.1 million TrueUSD to Binance.

Market Watch 

As of press time, according to Cointime data:

BTC 's live price is $27,981.60 USD, dropped by 4.93% in the last 24 hours;

ETH’s live price is $1,823.47 USD, dropped by 3.80% in the last 24 hours;

BNB’s live price is $328.55 USD, dropped by 2.72% in the last 24 hours;

XRP's live price is $0.46 USD, dropped by 2.40% in the last 24 hours.

Fundraising News

Crypto Firm FARE Protocol Raises $6.2M Ahead of Token Launch

Blockchain project FARE Protocol has raised $6.2M in a seed round led by Goat Capital and C Squared Ventures, ahead of its ecosystem and native token launch on Ethereum layer 2 blockchain Arbitrum.

Temasek Invests $10M in Array’s Algorithmic Currency System

Singapore's Temasek has invested $10 million in Array, the developer of an algorithmic currency system based on smart contracts and artificial intelligence.

Capria Ventures Announces First Close of $100 Million Fund II To Invest in Startups in the Global South

Capria Ventures has announced the first close of its $100 million Fund II to invest in early-growth startups in the Global South.

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