KIP Protocol has closed a $5M Private fundraising round
The funding was co-led by Animoca and Tribe Capital followed by Morningstar VC, DWF Ventures, Kyros Ventures, K300 Ventures, and ZBS Capital among others. KIP Protocol is the Web3 base layer for AI, backed by Animoca Ventures.
👉 x.com/KIPprotocol/status/1824442352175550644
MAJOR UPCOMING EVENTS IN AUGUST!
A full list of Major Upcoming Events, to be updated
👉 https://cryptodiffer.com/events
Babylon launches BTC staking mainnet Phase 1 next week
During Phase-1, BTC holders will be able to lock their BTC for staking. Moreover, Phase-1 is expected to enable crypto-economic security from the locked bitcoins. Babylon offers BTC staking, allowing PoS chains to acquire funding from the deep reserves stored in BTC.
👉 babylonlabs.io/blog/babylon-bitcoin-staking-mainnet-launch-phase-1
Top-15 Market Capitalization Gainers in the last 30 days
Among the top performers are Solend, a lending and borrowing protocol on Solana, MobileCoin, a peer-to-peer cryptocurrency focused on transactional anonymity, and Ultima, a crypto ecosystem uniting innovative products.
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
MyShell has received an investment from Binance Labs
MyShell, participant of Binance Labs Incubation Season 6, is an AI-powered chatbot platform featuring proprietary AI and TTS (text-to-speech) models & modular design. Previously, it raised $16.6M in two funding rounds backed by Dragonfly, Delphi Ventures, and others.
👉 binance.com/en/blog/ecosystem/binance-invests-in-myshell
Chaos Labs closed a $55M Series A funding round
The funding was led by Haun Ventures with the participation of F-Prime Capital, Slow Ventures, Spartan Capital, Lightspeed, Galaxy Ventures and PayPal Ventures. Chaos Labs offers the automated economic security system for crypto protocols.
👉 x.com/chaos_labs/status/1824083311230107719
Parfin raised $10 million in the first round of its Series A funding
The round was led by ParaFi Capital, with participation from Framework Ventures, L4 Venture Builder, and Núclea. The funding brings the total raised amount to $38 million. Parfin is a crypto infrastructure company building an enterprise-grade blockchain.
👉 theblock.co/post/311159/parafi-capital-leads-10-million-series-parfin
Layer 1 dApps by the number of users growth in the last 30D
Among top performers are Lumiterra, an open-world survival crafting game, Arkana, a co-membership and loyalty platform, and Avalon Labs, the Hub for Bitcoin LSDFi and CeDeFi lending.
Sling Money closed a $15M Series A funding round
The funding was led by Union Square Ventures, Ribbit Capital, and Slow Ventures. Sling Money allows users to send money instantly across 50+ countries across Europe and Africa to other users, between their own accounts, or even to non-Sling users.
👉 sling.money/blog/sling-money-raises-15-million-series-a-to-transform-global-payments
Crypto Events Recap, August 13-14
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-august-13-14-2024
THE MOST POPULAR STAKING PROVIDERS BY THE NUMBER OF USERS
The ranking shows the number of unique on-chain delegators working across all supported networks. The most common featured assets are Osmosis, Cosmos, Celestia, Injective, Juno, Dymension, and SUI.
Data provided by stakingrewards.com
MANTRA (OM) launched a yield-bearing USDY pool in collab with Ondo Finance
Users can now gain exposure to the two RWA protocols, OM and ONDO. Participants in USDY's monthly liquidity pools will be rewarded with 888,888 OM. Users will be eligible to claim OM & ONDO using MANTRA Chain wallet address after Mainnet launch.
👉 x.com/MANTRA_Chain/status/1823294273460064654
Sahara AI announced the closure of $43 million Series A funding round
Binance Labs, Pantera Capital, and Polychain Capital led the Series A funding round. Other investors include Samsung Next, Matrix Partners, dao5, and Geekcartel. Sahara is a decentralized AI network that enables everyone to deploy autonomous AI.
👉 reuters.com/technology/artificial-intelligence/decentralized-ai-network-sahara-raises-fresh-capital
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.17T (-1.57%)
BTC Price: $58,637 (-1.67%)
BTC Dominance: 53.4% (-0.10%)
Fear & Greed Index: 28 (Fear)
Total Value Locked: $134B (+0.89%)
Crypto Events Recap, August 15-16
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-august-15-16-2024
Plume reached 3.2M+ testnet users during the last month
During the testnet, users can get a Plume Miles for completing Twitter tasks, joining Discord and other quests associated with Celestia, Bitget Wallet, Omni Network, etc. Plume is a modular Layer 2 blockchain dedicated for all real world assets.
👉 x.com/plumenetwork/status/1824201608864952601
Orderly Network (ORDER) raised $5 million in strategic funding
The funding for an orderbook-based trading infrastructure was backed by OKX Ventures, Manifold Trading, Presto Labs, LTP, Nomad Capital and Origin Protocol. Moreover, Orderly just announced ORDER token launch on August 26th.
👉 x.com/OrderlyNetwork/status/1824129272488829332
Blocklords (LRDS) rolled out the website of its Layer 3 - Lordchain
Users can now start earning Node Power through asset locking in BLOCKLORDS, Ethereum, and Base network. Lordchain is an advanced Base Layer 3 solution, providing the essential security, stability, and scalability needed to power Blocklords experience.
👉 x.com/BLOCKLORDS/status/1824071946595680713
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.16T (-0.37%)
BTC Price: $58,534 (+1.04%)
BTC Dominance: 53.4% (+0.10%)
Fear & Greed Index: 27 (Fear)
Total Value Locked: $132B (+0.72%)
Renzo (REZ) to launch the first Solana’s LRT ezSOL on the Jito Network
Users will be able to mint ezSOL using JitoSOL as the underlying staked asset, leveraging Jito's MEV-enhanced validator network. The ezSOL is scheduled to launch next month, allowing users to utilize ezSOL across lending platforms, AMMs, and aggregators.
👉 x.com/RenzoProtocol/status/1823746177885450506
Aark Digital (AARK) unveiled 50x leverage trade on the US Election via Polymarket
The market is scheduled to open on August 19th. Users will be able to enter long or short positions based on their prediction of whether Trump will win or lose the upcoming US presidential election. Aark Digital is the leverage everything perpetual DEX.
👉 x.com/Aark_Digital/status/1823912878879203758
TNA Protocol (BN) is the first project on KuCoin GemPool
KuCoin users will be able to mine BN by staking KCS, USDT, USDC on August 15-18. Tokens Allocated 8.33M BN. TNA Protocol serves as the universal naming and data availability (DA) layer for Bitcoin.
👉 kucoin.com/announcement/en-introducing-tna-bn-on-kucoin-gempool
XION has introduced XION Foundation and XION token
XION Foundation supports teams building open-source dApps within the ecosystem, and its primary aim is to ensure that Web3 is universally accessible through XION. Moreover, XION introduced $XION, the utility token powering the XION Proof-of-Stake network.
👉 xion.burnt.com/blog/xion-foundation-introduction
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.15T (-3.59%)
BTC Price: $57,983 (-4.76%)
BTC Dominance: 53.3% (-0.50%)
Fear & Greed Index: 29 (Fear)
Total Value Locked: $131B (-2.98%)
TON Foundation alumni raised $40 million to launch TON Ventures
Two former TON Foundation members, Ian Wittkopp and Inal Kardan, have launched TON Ventures, a for-profit venture capital firm, with an inaugural fund of $40 million. TON Ventures will invest in early-stage projects within the TON ecosystem.
👉 theblock.co/post/311103/ton-foundation-alumni-40-million-fund-ton-ventures
MetaMask announces the pilot launch of Mastercard-powered crypto debit card
The MetaMask Card is first available in a pilot phase to a few thousand users in the EU and UK, with a wider release expected later this year. Users will be able to make purchases directly with their USDC, USDT and wETH assets held on the Linea network.
👉 theblock.co/post/311139/metamask-card-baanx-mastercard
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
Kelp DAO (KEP) has launched Gain Vault Program
The initial offering of the program is the Airdrop Gain Vault. It focuses on simplifying participation in airdrop opportunities across various L2 protocols. Users can deposit assets like ETH or rsETH, which are then bridged to partner L2s to enhance airdrop potential.
👉 x.com/KelpDAO/status/1823365135093969334