CARV is launching a $50M accelerator, dubbed CARV Labs
Accelerator is aimed at incubating projects that can drive widespread adoption of its protocol. In addition to providing direct funding, CARV Labs will prioritize infrastructure and tooling assistance as well as provide marketing and growth support.
👉 x.com/carv_official/status/1834142441534083455
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.14T (+1.25%)
BTC Price: $58,340 (+3.43%)
BTC Dominance: 53.9% (+0.30%)
Fear & Greed Index: 31 (Fear)
Total Value Locked: $126B (+1.73%)
Quantlytica (QTLX) unveiled its TGE event scheduled for September 13
Quantlytica, an AI-powered multi-chain liquidity distribution protocol backed by Polygon, will hold its TGE on Uniswap, MEXC, Bitget, and BingX on September 13th, 10:00 AM UTC. Previously, Quantlytica completed its IDO on Enjinstarter and Eesee.
👉 x.com/quantlytica/status/1833853003092394444
Osmosis (OSMO) launches its cross-chain token portal, dubbed Polaris
Polaris will allow users to trade across multiple chains through a single interface, eliminating the need for multiple wallets, bridges, and gas tokens. Polaris will work with non-Cosmos chains like Ethereum, Solana and take new approach to dealing with liquidity.
👉 coindesk.com/tech/2024/09/11/osmosis-launches-cross-chain-token-portal-polaris
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
Moku has closed a $5.35M fundraising round
The funding was led by Sky Mavis and a16z Speedrun with Arca, Framework, Bankless Ventures, Formless Capital, 32-Bit Ventures and other participating. Moku is a Web3 gaming platform that connects players with game guilds and game strategy communities.
👉 x.com/Moku_HQ/status/1833153703097880717
LogX has introduced LOGX, its native governance token
LOGX will be used for governance, net revenue share, ecosystem airdrops, gas fees, partner airdrops, boosted trading rewards and early access to premium features. LogX Network is designed to provide high-performance, low-cost modular trading infrastructure.
👉 x.com/LogX_trade/status/1833209339601162722
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.09T (-1.59%)
BTC Price: $56,538 (-1.33%)
BTC Dominance: 53.6% (-0.10%)
Fear & Greed Index: 37 (Fear)
Total Value Locked: $124B (-0.54%)
Stablecoin issuer Paxos is set to launch its products on Arbitrum Network
According to Offchain Labs, an Arbitrum developer, Paxos has decided to bring its stablecoin issuance and regulated tokenization platform to Arbitrum. Arbitrum stablecoins are currently available on Ethereum, Polygon POS, and Solana.
👉 theblock.co/post/315570/paxos-arbitrum
Web Traffic Spotlight in August: Centralized Exchanges
Web traffic info shows how many users visited a website. The website viewership helps understand the popularity of the website, website audience geography, and other valuable details.
Data provided by similarweb.com
Layer 1 dApps by the number of users growth in the last 30D
Among top performers are IN - match3, a cross-platform MMORPG, Ragnarok, a tower defense and Monster collecting game, and HunnyPlay, the first online casino built on BNB Chain.
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.11T (+2.37%)
BTC Price: $57,343 (+4.04%)
BTC Dominance: 53.7% (+0.50%)
Fear & Greed Index: 33 (Fear)
Total Value Locked: $124B (+1.95%)
The biggest Fundraising Rounds conducted in the last 7 days
Projects that received the most funding are Balance ($30M), a blockchain and AI-powered gaming platform , Hypernative ($16M), a Web3 security and risk management company, and Treble ($12.2M), a sound simulation technology startup.
Solana NFT creator platform DRiP raised $8 million in the Seed funding round
NFX, Progression, and Coinbase Ventures led the Seed funding round. Among previous DRiP's Pre-Seed round investors are Placeholder, 6th Man Ventures, and over 30 angel investors. Funds will be used for the development and release of its mobile app.
👉 theblock.co/post/315270/solana-drip-raises-8-million-usd
Sonic SVM will hold Hyperfuse node sale starting next week
Sonic plans to raise $12.8M by selling 50,000 "HyperFuse nodes" in 20 pricing tiers. The nodes come with token rewards and allow holders to monitor the network state. Sonic is the first atomic SVM Layer 2 for gaming built on the Solana blockchain.
👉 x.com/SonicSVM/status/1832042417643471100
Top-15 Countries by Global Crypto Adoption Index in 2024
Chainalysis has released its fifth annual Global Crypto Adoption Index. The goal of the index is simple: combine on-chain data and real-world data to measure which countries are leading the world in grassroots crypto adoption.
👉 chainalysis.com/blog/2024-global-crypto-adoption-index
Crypto Events Recap, September 10-11
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-september-10-11-2024
THE MOST POPULAR STAKING PROVIDERS BY THE NUMBER OF STAKERS
The ranking shows the number of unique on-chain delegators working across all supported networks. The most common featured assets are Cosmos, Osmosis, Injective, Celestia, Dymension, and Juno.
Data provided by stakingrewards.com
Tokenized RWA platform Huma Finance closed a $38 million investment round
The round comprised $10 million of equity investment and $28 million in Huma yield-bearing RWAs. Investors included Distributed Global, Hashkey Capital, Circle, ParaFi, Robot Ventures, Fenbushi, Folius, Stellar Dev. Foundation, TIBAS Ventures, and others.
👉 x.com/humafinance/status/1833811757074153730
MetalCore (MCG) launches its open beta on September 12th
After six months of testing, MetalCore is set to open its doors to the public at Epic Games Store. The game will also be upgraded to Unreal Engine 5 with a handful of new features added. MetalCore is a combined arms PVP shooter video game.
👉 x.com/playmetalcore/status/1829670204160577815
Indonesian exchange Indodax falls victim to over $22M hack
Indodax has temporarily suspended operations. Over $14M worth of Ethereum-based tokens, $2.4M in TRX, $1.4M in BTC and $2.5M in MATIC, among smaller amounts of other tokens, were stolen in the attack. Indodax is a centralized exchange established in 2014.
👉 cointelegraph.com/news/indodax-crypto-exchange-hacked-22-million-loss
Itheum (ITHEUM) introduced an NFMe ID Vault and Web3 Liveliness Score
Users can now mint NFMe ID Vault Data NFT to earn more ITHEUM and generate a Liveliness score, which reflects their Web3 Reputation. The concept of Liveliness is central to the future of the Itheum Protocol. Itheum is an omni-chain data ownership protocol.
👉 itheum.medium.com/introducing-nfme-id-mint-stake-earn-while-boosting-your-web3-liveliness-reputation-score-f15f69cfd729
On-device AI assistant PIN AI raised $10 million in a Pre-Seed funding round
Investors in the Pre-Seed round include a16z CSX, Hack VC, Anagram, Symbolic Capital, Blockchain Builders Fund, Alumni Ventures, Foresight, Nomad Capital, and Dispersion. The team hails from Ethereum Core Research, Google Brain, Stanford, MIT, CMU.
👉 decrypt.co/248561/pin-ai-secures-10m-from-a16z-csx-hack-vc-and-all-star-angels-to-launch-open-platform-for-personal-ai
AIT Protocol (AIT) joins Google Cloud Web3 Start-Up Program
Through this program, AIT will access to the Google’s Web3 ecosystem & exclusive tools. Moreover, this move might lead to AIT's listing on Google Cloud marketplace. AIT Protocol is a Web3 data platform specializing in data annotations and AI model training.
👉 x.com/aitprotocol/status/1833130475457511567
Pencils Protocol (DAPP) ICO to take place on Tokensoft on September 18th
Tokensoft will offer three different sale options with price ranging from $0.80 to $1.50 per DAPP token. Total Sale Hard Cap is 20,000,000 DAPP. Total raise is $23.33M. Pencils Protocol offers auction services for blockchain native assets and RWAs.
👉 x.com/pencilsprotocol/status/1831898690078044361
Crypto Events Recap, September 7-9
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-september-7-9-2024
Unisat-backed Fractal Bitcoin (FB) announced the launch of its Mainnet
Fractal uses BTC core codebase and differentiates itself from other BTC sidechains by Layer 2 solutions while focusing on Bitcoin-native constructs rather than EVM compatibility. Fractal can also natively support BTC protocols such as BRC-20, Runes, Ordinals, etc.
👉 theblock.co/post/315195/unisat-backed-fractal-bitcoin-goes-live-on-mainnet-taps-into-btc-core-code-for-scaling-solution
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
TON Foundation kicks off 5M TON DeFi Incentive Program
The program will help users to earn more rewards by providing liquidity. The initiative involves staking TON via Tonstakers and Bemo and providing these derivatives as liquidity to stTON/USDt and ts/TON/USDt pools on Dedust and StonFi.
👉 blog.ton.org/new-toncoin-defi-incentive-program