The revenue aggregation protocol Harvest Finance is listed on Arbitrum, and users can start using the protocol on Arbitrum through the interface provided by Dolomite on Harvest. Harvest plans to launch a DApp natively integrated with Arbitrum in the third quarter, and users do not need to migrate assets deployed through the Dolomite subdomain.

The UK market watchdog is closely watching the chaos in the crypto markets following the Terra incident. Sarah Pritchard, executive director of markets at the country’s Financial Conduct Authority, said the recent instability in the stablecoin market “absolutely needs to be taken into account” when the regulator starts working with the Treasury Department later this year to develop and implement new rules for crypto assets. If it works well, innovation will continue, Pritchard said, and it's clear that we've seen the consequences and some of the problems that can arise. Additionally, Pritchard cites an Opinium survey released by the FCA in October saying that nearly 70 percent of adults aged 40 or younger who buy cryptocurrencies incorrectly believe digital assets are regulated.

Juno Network’s proposal to provide incentives for migrating from Terra to Juno projects has been approved with 97.45% of the votes in favor. The proposal proposes to provide 1 million JUNO (700,000 from the community pool and 300,000 from the development fund) for project migration and continuous development, and this part of the funds will be managed by multi-signature addresses.

Litecoinsignals data shows that the current block height of Litecoin is 2265569, which is about to reach the MWEB upgrade activation block height. As previously reported, the MWEB upgrade will be activated at block height 2265984.

GameStop, a retailer of video games and related products, has registered a GameStopNFT Twitter account with a profile of "The Home of GameStop Blockchain." According to previous reports, in March, the GameStop NFT market was launched in beta, and the entire NFT market will be established soon, and it will be built on the Layer 2 network of Loopring.

Crypto wallet startup Bridgecard announced the completion of a $440,000 Pre-Seed round of financing, with participation from ABV Fund, Ingressive Capital, Voltron Capital, Venture Platform, Velocity Digital, and Berrywood Capital. It was reported that Bridgecard aims to combine users' bank cards, bank accounts, and fintech wallets into one application, allowing users to perform online transactions, pay bills, and withdraw funds from any linked accounts.

Since October last year, digital artist Cory Van Lew tweeted that a major auction house has been in arrears on auction payments for his artwork and has hired a lawyer to resolve the issue. That's why blockchain is so valuable to artists, Cory Van Lew said, enabling him to build his auction platform without the constraints of traditional sales methods. Another artist, Drift, noted that the auction house might be Sotheby's, and Sotheby's has also defaulted on its auction payment, but the tweet posted by Drift has been deleted.

According to Paolo Ardoino, CTO of Tether and Bitfinex, the Terra (LUNA) project is not about Rug Pull but is "badly designed." When discussing the collapse of the Terra ecological market, Ardoino likened the Terra algorithmic stablecoin TerraUSD (UST) to a "castle of cards" that could collapse. Ardoino said, "I don't know Do Kwon. But let's give him the benefit of the doubt. He created this project with arrogance and with thinking that he was right and many were supporting him, of course, probably for economic reasons, but was not per se, a rug pull right, it was a project that was poorly designed as many projects are poorly designed." Ardoino said UST has grown too large to remain pegged because its collateral is insufficient to back the stablecoin but still "Big enough to crash the market even further."