Good day, ApolloXplorer!Have you caught today’s key headlines yet? Stay up to date with the latest!<h2 id="header-0">#1. Bluesky releases code for decentralized social media</h2>Twitter-backed project Bluesky released its first bit of code, Authenticated Data eXperiment (ADX), on Wednesday.The code contains a software developer kit and basic commands for creating posts and liking others&#39; posts.Bluesky aims to &#34;develop an open and decentralized standard for social media.”Source: <a href="https://decrypt.co/99588/twitters-bluesky-releases-first-code-decentralized-social-media-network" rel="noopener noreferrer nofollow">Decrypt</a><h2 id="header-1">#2. Copy-paste error sends $36M JUNO tokens to wrong address</h2>Last week, a community vote to seize JUNO tokens from a whale accused of gaming a community airdrop was passed.However, when executing the code, a programming error moved three million of these JUNO tokens to an erroneous address — where nobody has access.The whale’s response? “LoL.”Source: <a href="https://www.coindesk.com/tech/2022/05/05/typo-moves-36m-in-seized-juno-tokens-to-wrong-wallet/" rel="noopener noreferrer nofollow">CoinDesk</a><h2 id="header-2">#3. Binance commits $500 million for Musk’s Twitter</h2>Crypto exchange giant Binance is among a dozen investors backing Elon Musk&#39;s $44 billion takeover of Twitter.&#34;We&#39;re excited to be able to help Elon realize a new vision for Twitter,&#34; Binance CEO Changpeng Zhao told The Block.&#34;We hope to be able to play a role in bringing social media and web3 together and broadening the use and adoption of crypto and blockchain technology.&#34;Source: <a href="https://www.theblockcrypto.com/linked/145221/binance-joins-funding-for-elon-musks-takeover-of-twitter" rel="noopener noreferrer nofollow">The Block</a><h2 id="header-3">#4. LFG buys $1.5 billion bitcoin</h2>Luna Foundation Guard (LFG) has bought another $1.5 billion bitcoin.Its goal is to accumulate up to $10 billion in Bitcoin to back its algorithmic stablecoin UST.LFG now holds roughly $3.5 billion worth of BTC, which puts it among the top 10 holders in the world.Source: <a href="https://cointelegraph.com/news/luna-foundation-guard-purchases-additional-37-863-btc-as-part-of-reserve-strategy" rel="noopener noreferrer nofollow">Cointelegraph</a><h2 id="header-4">#5. SEC hires crypto cops</h2>The Securities and Exchange Commission (SEC) announced that the agency will add around 20 additional positions.The roles will be based within the division responsible for protecting crypto investors.New hires will also be tasked with investigating cyber-related threats, ensuring adequate cybersecurity controls are in place and that SEC registrants and public companies are transparent in disclosing cybersecurity breaches.Source: <a href="https://www.forbes.com/sites/jackkelly/2022/05/05/the-sec-is-hiring-cryptocurrency-cops-to-investigate-illicit-activities/?sh&#61;5279e04b7c5d" rel="noopener noreferrer nofollow">Forbes</a>--The ApolloX app is available on Apple Store or Google Play <a href="https://apollox.onelink.me/rf4R/newscryptowndl" rel="noopener noreferrer nofollow">here</a>.Stay up to date with ApolloX!<a href="https://t.me/apollox_com" rel="noopener noreferrer nofollow">Telegram</a> |<a href="https://twitter.com/ApolloX_com" rel="noopener noreferrer nofollow"> Twitter</a> |<a href="https://www.facebook.com/ApolloXcom" rel="noopener noreferrer nofollow"> Facebook</a> |<a href="https://www.instagram.com/apollox_com/" rel="noopener noreferrer nofollow"> Instagram</a> | <a href="https://apollox.link/blog-discord" rel="noopener noreferrer nofollow">Discord</a> | <a href="https://apollox.link/blog-APXNewsStation" rel="noopener noreferrer nofollow">ApolloX News Station</a>

Crypto News of the Day: Typo sends $36M tokens to wrong address, Binance invests $500M for Musk’s Twitter

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