Sonic Labs has launched a public testnet of its Layer 1
Sonic, an EVM-compatible blockchain, achieved a transaction finality of 720 ms during testnet, potentially making it the fastest EVM blockchain. Fantom rebranded to Sonic this August. Along with the rebrand, the company announced a $10M round led by Hashed.
👉 x.com/0xSonicLabs/status/1832053492304806125
MAJOR UPCOMING EVENTS IN SEPTEMBER!
A full list of Major Upcoming Events, to be updated
👉 https://cryptodiffer.com/events
STATE OF THE DAOs
According to DееpDАО.iо, 50,874 organizations are accounting for 19.9 B total treasury with 16.8B of liquid and 3.1B of vested assets. During the last month, total DAOs treasury has increased by 2.2B, marking a 12.43% growth.
The most common treasury stablecoins are USDT, USDC, and DAI. Organizations with the most significant lifetime participants are Stargate Finance (1.20M), Arbitrum (324K), and Optimism (149K). The most significant number of proposals are in Lido DAO (641), Arbitrum (378), and Gnosis Chain (226).
Top 15 projects by positive market sentiment on Oriole Insights
Oriole Insights is a gamified prediction platform harnessing collective wisdom. The list of projects by Bullish expectations with a minimum of 50 predictions and 500 $ORI pooled.
👉 https://app.orioleinsights.io/projects
Top 15 Projects by Network Growth over the past 30 days
Network growth shows the percentage increase in new addresses that transferred a given token for the first time in the selected period compared to the previous one.
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.05T (-3.13%)
BTC Price: $55,764 (-2.52%)
BTC Dominance: 53.7% (-0.10%)
Fear & Greed Index: 22 (Extreme Fear)
Total Value Locked: $125B (-1.14%)
Mastercard partners with Mercuryo to launch a euro-denominated crypto debit card
In the collaboration, Mastercard enabled a new euro-denominated debit card that allows users to spend cryptocurrencies stored on self-custodial wallets at more than 100 million merchants in Mastercard network.
👉 cointelegraph.com/news/mastercard-non-custodial-crypto-spending-card
Balance raised $30 million in funding led by Andreessen Horowitz (a16z) and Galaxy Interactive
Other investors in two funding rounds also include Animoca Brands, Aptos Labs, K5, DWF Ventures, Gate Labs, AMBER, MarbleX, Taisu Ventures, among others. Balance is a new AI-powered blockchain experience platform, created by E-PAL.
👉 chainwire.org/2024/09/05/e-pal-launches-web3-experience-infrastructure-balance-raising-30-million-from-a16z-galaxy-and-others
Synthetix (SNX) unveiled its app chain, dubbed SNAXchain
SNAXchain, based on Optimism’s Superchain infrastructure, will serve as a hub for governance and protocol decisions as Synthetix expands to more chains. It is developed in partnership with Conduit for chain infrastructure and Wormhole for cross-chain messaging.
👉 x.com/synthetix_io/status/1831391360320233651
Mirada AI (MIRX) will hold its multi-IDO on September 13th
MIRX IDO will take place on Carbon Launchpad, Eesee, Poolz, HyperX Pad and Ape Terminal. Sale price is 1 MIRX = 0.01. Total IDOs Hard Cap is $750,000. Fully Diluted Valuation is $10M.
Mirada AI is a decentralized AI tool backed by Poolz Ventures and Carbon Ventures that offers image generation, face swap, animation, LLM chat, image upscaling, and more.
👉 x.com/miradaai/status/1831328657106776405
Crypto Events Recap, September 3-4
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-september-3-4-2024
Penpie Protocol (PNP) suffered an exploit with around $27 million in assets stolen
The alleged exploiter drained various types of staked ether (ETH), Ethena's sUSDE and wrapped USDC stablecoin from the protocol according to on-chain data. Pendle confirmed the security compromise and paused all contracts as a precautionary measure.
👉 coindesk.com/tech/2024/09/03/defi-protocol-penpie-exploited-for-27m-of-crypto-assets-pnp-token-craters-40
Top 15 projects by positive market sentiment on Oriole Insights
Oriole Insights is a gamified prediction platform harnessing collective wisdom. The list of projects by Bullish expectations with a minimum of 50 predictions and 500 ORI pooled.
👉 https://app.orioleinsights.io/projects
Top-15 Artificial Intelligence (AI) Coins by Market Capitalization
These digital assets are in the front row of revolutionizing the crypto market by ushering in an era where transactions aren't just secure but smart, thanks to AI-driven smart contracts.
Arbitrum (ARB) introduced Arbitrum Stylus on mainnet
Stylus, a backward-compatible virtual machine, allows developers to build on Arbitrum using the WebAssembly compatible languages such as Rust, WASM, and LLVM. Arbitrum is an Ethereum scaling solution developed by Offchain Labs.
👉 blog.arbitrum.io/arbitrum-stylus-mainnet/
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.05T (+0.29%)
BTC Price: $55,135 (+1.41%)
BTC Dominance: 53.2% (-0.20%)
Fear & Greed Index: 26 (Fear)
Total Value Locked: $122B (+1.55%)
Crypto Events Recap, September 5-6
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-september-5-6-2024
Gunzilla Games collab with Lorne Balfe for Off the Grid sound theme
The Grammy winning composer Lorne Balfe created official sound theme for Off the Grid game, available in beta on PC and PS5. Gunzilla Games is a developer of the AAA Battle Royale “Off The Grid”’ and gaming-focused blockchain GUNZ.
👉 x.com/playoffthegrid/status/1831995766983774360
Apeiron (APRS) announced that its Season 3 is now live
The new season features PvP and PvE Leaderboards offering over 240K APRS Additionally, Apeiron will airdrop 260,000+ APRS in partner community events, as well as 500K extra APRS earnable through mobile pre-registration and mobile launch events.
👉 x.com/ApeironNFT/status/1831636304284807657
Binance Labs-backed Catizen (CATI) to conduct its initial listing on Bybit on September 20th
Catizen is a cat-themed game on Telegram that blends Artificial Intelligence, GameFi, and Metaverse. In just a few months, Catizen has grown its community to around 25M players, around 1.5M on-chain gamers, and over 500K paying users globally.
👉 x.com/Bybit_Official/status/1831708872580465129
XION (XION) kicks off Chain Abstraction for Plume Network
Through the integration with Plume, the RWA ecosystem will onboard new users by leveraging XION’s simplified Web3 UX, an ecosystem of apps, an expansive network of integrated chains, and an active user base of over 3.5M users.
XION is the L1 purpose-built for mainstream adoption through Generalized Abstraction. Previously, XION introduced XION, the utility token powering the XION Proof-of-Stake network.
👉 x.com/burnt_xion/status/1831700906263409142
Halo Capital raised $25 million for a new fund focused on digital asset
Halo Capital, based in New York, was officially announced this week by the 27-year-old Howard and Bhavin Vaid. Both recently worked at crypto-focused private equity firm 10T Holdings. Halo will invest in all categories from Bitcoin to decentralized AI sector.
👉 bloomberg.com/news/articles/2024-09-05/alan-howard-s-son-starts-a-crypto-venture-fund-with-colleague
Projects with the lowest Fully Diluted Valuation listed on Coinbase
We have prepared a list of the lowest-valued projects listed on the biggest US exchange that may bring its investors decent returns.
Top-15 Market Capitalization Gainers in the last 30 days
Among the top performers are Tenset, a launchpad for crypto startups, Artrade, an eco-responsible application dedicated to NFTs, and Sun, the first memecoin fair launch platform on TRON.
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.10T (+0.75%)
BTC Price: $57,183 (+0.68%)
BTC Dominance: 53.8% (0.00%)
Fear & Greed Index: 29 (Fear)
Total Value Locked: $126B (+1.75%)
Binance reveals upcoming Solana Liquid Staking token BNSOL
The so-called BNSOL will allow users to unlock liquidity, enjoy continuous reward accumulation, and seamlessly participate in both the Binance platform and the broader DeFi ecosystem. Official announcement will be dropped later this month.
👉 theblock.co/post/314497/binance-reveals-details-of-upcoming-solana-liquid-staking-token
Top-15 Cross-Chain Bridges by volume in the last 30 days
A cross-chain bridge is a type of decentralized application that enables the transfer of assets from one blockchain to another.
Polygon rolls out major upgrade replacing MATIC token with POL
The upgrade establishes POL as the native gas and staking token. In the future, POL will secure other chains within Polygon’s broader “aggregated” network, including the AggLayer. This transition is a key part of “Polygon 2.0” roadmap, introduced last year.
👉 x.com/0xPolygon/status/1831097340482166908
Creator.Bid rolled out V2 of its AI Creator Agent Launchpad
V2 streamlines content creation by enhancing the GPT interface with new features, improving efficiency and ensuring alignment with the user’s brand. Creator.Bid is the hub for the AI creator economy, allowing everyone to create, market, and co-own AI Agents.
👉 x.com/CreatorBid/status/1830996251837685952
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.08T (-4.88%)
BTC Price: $56,831 (-3.59%)
BTC Dominance: 53.8% (-0.10%)
Fear & Greed Index: 27 (Fear)
Total Value Locked: $124B (-4.57%)