Sharpe AI has rolled out SAI staking with up to 35% APR
Users can now stake their SAI token with a minimum 60 days lockup. Among staking benefits are APR paid hourly mechanism, 50% of platform revenue share, early access to premium features, Airdrops eligibility, exclusive Discord access, and more.
👉 x.com/SharpeLabs/status/1828712241262211395
TOP NFT SALES CONDUCTED IN AUGUST
The Top NFT sales list includes Bored Ape Yacht Club, CryptoPunks, and BEANZ collections. The most expensive NFT sale accounted for (130 ETH) ($351K).
Top-15 Summer Price Gainers
Among the top performers are SUN, the first memecoin fair launch platform on TRON, MUMU THE BULL, a meme token running on Solana, and Undeads Games, a multiplayer MMORPG game.
ParaFi Capital raised $120M to buy stakes in crypto funds
The funding will be partly used to acquire general-partner stakes in other crypto funds that are focused on specific market segments, strategies or geographies. The firm plans to build a portfolio of 30 to 50 such stakes in the next three to five years.
👉 bloomberg.com/news/articles/2024-08-28/parafi-capital-raises-120-million-to-buy-stakes-in-other-crypto-funds
Crypto Events Recap, August 27-28
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-august-27-28-2024
BNB Chain launches official cross-chain bridge with Celer, deBridge, and Stargate
BNB Chain Bridge integrates with Celer's cross-chain network, deBridge's interoperability framework, and Stargate's cross-chain liquidity solution. BNB Chain is also creating a liquidity pool to streamline transfers from other chains as part of launch process.
👉 theblock.co/post/313427/bnb-chain-bridge-celer-debridge-stargate
Top Meme Coins by Fully Diluted Valuation in the Solana Ecosystem
BONK ($1.74B) and WIF ($1.62B) lead the meme coin rankings in the Solana ecosystem with over $1B in FDV. Other notable meme coins with valuations exceeding $300M include POPCAT ($736M), BOME ($447M), MEW ($403M), and CORGI AI ($326M).
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.
👉 app.orioleinsights.io/projects
Solayer has closed a $12M Seed funding round
The funding was led by Polychain Capital and Hack VC. Among other investors are Big Brain Holdings, Maelstrom, Nomad Capital, Race Capital, and ABCDE Capital. Solayer is a leading network on Solana.
👉 x.com/solayer_labs/status/1828493462460867033
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.16T (-7.33%)
BTC Price: $58,669 (-6.69%)
BTC Dominance: 53.7% (-0.20%)
Fear & Greed Index: 30 (Fear)
Total Value Locked: $130B (-6.13%)
MakerDAO rebrands to Sky and rolls out new USDS stablecoin and SKY governance token
The new USDS stablecoin and SKY governance token will be available on September 18 with a new DeFi application. Holders will be able to exchange DAI tokens 1:1 for USDS, while each MKR token can be swapped for 24,000 SKY tokens. The MRK and DAI will remain in circulation unchanged.
👉 coindesk.com/business/2024/08/27/makerdao-is-now-sky-as-7b-crypto-lender-rolls-out-new-stablecoin-governance-token
Performance of the recent Binance Launchpool projects
DOGS (DOGS) trading went live on Binance exchange following the Launchpool event. Let's have a look and compare the token metrics of the latest projects launched via Binance Launchpool.
Crypto Events Recap, August 24-26
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-august-24-26-2024
Edge Matrix Chain raised $20M in funding led by Polygon Ventures and Amber Group
Among other investors are One Comma, Kapley Judge and Associated Corporations, Cyberrock Venture Fund, Candaq Fintech Group. Edge Matrix Chain (EMC), a multichain infrastructure, also launched a 2-month public Testnet incentive with $5M in rewards.
👉 theblock.co/post/313685/edge-matrix-chain-raises-20-million-in-funding-led-by-polygon-ventures-amber-group
Hamster Kombat will hold its TGE & airdrop on September 26
Hamster Kombat is a Telegram-based crypto clicker game. In July, Hamster Kombat's team said the game had about 50M daily active users spread over 190 countries. 60% of its token airdrop will be dedicated to players according to the projects team.
👉 theblock.co/post/313511/hamster-kombat-token-airdrop-set-for-next-month
Layer 1 from Kakao and LINE, Kaia, launches its mainnet
Kaia was introduced in April amid a merger between Kakao’s Klaytn and LINE’s Finschia. Kaia Wave, a builder support program, accompanies the mainnet launch. Eligible teams will receive marketing, tech, and business support worth $1.2M per team.
👉 theblock.co/post/313465/kakao-line-blockchain-mainnet-launches
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.20T (+1.24%)
BTC Price: $59,645 (+1.68%)
BTC Dominance: 53.6% (-0.10%)
Fear & Greed Index: 29 (Fear)
Total Value Locked: $131B (+0.45%)
Web3 streaming platform Myco raised $10 Million in Series A funding round
The investment was led by Daman Investments, Aptos Labs, Enjinstarter, B Digital, Mocha Ventures, Art3 Foundation, Ghaf Capital Partners, Mix Media Network, and Factor6 Capital Partners. Myco is a content-streaming decentralized application.
👉 x.com/Invest_Daman/status/1828719239508709658
Crypto VC Lemniscap raised $70 million for its third fund
Lemniscap, a crypto-focused venture capital firm, secured $70 million for its new fund to invest in early-stage startups. The new fund will focus on zero-knowledge infrastructure, consumer applications, a Bitcoin ecosystem, security, and DePINs.
👉 theblock.co/post/313404/crypto-vc-lemniscap-third-fund
Gameplay Galaxy closed an $11M Seed extension round
The round was co-led by Blockchain Capital and Merit Circle with Solana Ventures, Hustle Fund, Com2uS & Mysten Labs participating. Gameplay Galaxy is a developer of Trial Xtreme franchise, a mobile game featuring motocross-style racing and sports.
👉 x.com/TrialXtreme/status/1828506965699674370
Quantlytica (QTLX) to conduct its IDO on Enjinstarter and Eesee on September 3rd
Public sale price is 1 QTLX = 0.20. Total IDOs Hard Cap is $420,000, with a 50% unlock at TGE followed by and 3 months vesting. Fully Diluted Valuation is $20M. Quantlytica is a crypto management platform developing an AI-powered DeFi optimization tool.
👉 x.com/enjinstarter/status/1828055393643438509
Story Protocol announced the launch of its public testnet
Users can now mint IP assets as commemorative NFTs on Story Network over the next 48 hours. Last week the project closed an $80M Series B funding led by a16z. Story Protocol is a Layer 1 blockchain designed to tokenize intellectual property.
👉 x.com/StoryProtocol/status/1828455573513482607
Top Meme Coins by Diluted Valuation in Tron Ecosystem
The SUNDOG ($270M) and Tron Bull ($159M) meme coins reached $100M+ in FDV. Among other $10M+ Tron Meme coins are Invest Zone ($44M), Dragon Sun ($31M), SunWukong ($22M), MUNCAT ($20.5M), FoFar ($17.5M), BULLS ($14M), and Suncat ($13.8M).
Microsoft-backed AI, blockchain startup Space & Time Labs raised $20 million in Series A funding
The Series A funding was led by Framework, Lightspeed Faction, Arrington Capital, and Hivemind. Among other participants are M12, DCG, Circle Ventures, OKX Ventures, F-Prime, and Alumni VC. The round brings the total funding amount to $50 million.
👉 theblock.co/post/313234/microsoft-backed-ai-blockchain-startup-space-and-time-raises-another-20-million
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.30T (-3.03%)
BTC Price: $62,723 (-1.64%)
BTC Dominance: 53.9% (+0.10%)
Fear & Greed Index: 48 (Neutral)
Total Value Locked: $139B (-2.14%)
The biggest Fundraising Rounds conducted in the last 7 days
Projects that received the most funding are Story Protocol ($80M), a Layer 1 intellectual property blockchain, Fabric Cryptography ($33M), a company focused on developing advanced crypto algorithm hardware, and Bifinance ($10M), a cryptocurrency exchange platform.