Top NFT Collections by Market Cap
NFT Collection Market cap is equal to the floor price multiplied by the collection total NFTs supply.
Bybit has launched major indices trading using USDT
Bybit users can now access China A50 Index Cash CFD (USD), Dow Jones Index Cash CFD (USD), NAS100 Cash, Nikkei Index Cash CFD (JPY), and more indices. Bybit is a crypto exchange that provides a platform for trading various digital assets.
👉 announcements.bybit.com/article/trade-indices-with-usdt-explore-beyond-gold-and-forex-on-bybit-metatrader-5-bltf72cf5397a941a47/
OpenAI raised $6.6B in new funding at a $157B valuation
The funding round was led by Thrive Capital. Among other participants are Microsoft, Nvidia, SoftBank, Khosla Ventures, Altimeter Capital, Fidelity, and MGX. OpenAI is a research organization and technology company focused on AI.
👉 bloomberg.com/news/articles/2024-10-02/openai-has-closed-new-funding-round-raising-over-6-5-billion
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.22T (3.13%)
BTC Price: $61,220 (-3.25%)
BTC Dominance: 54.4% (+0.60%)
Fear & Greed Index: 37 (Fear)
Total Value Locked: $131B (-3.25%)
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.
Sui (SUI) Bridge goes live on the Mainnet
Sui Bridge enables users to move assets to and from external ecosystems, such as Ethereum. The Bridge currently supports ETH and WETH transfers between Sui and Ethereum. Sui is a Layer-1 blockchain optimizing for low-latency blockchain transfers.
👉 blog.sui.io/sui-bridge-launches-on-mainnet
Conflux (CFX) introduced its roadmap for the next 3-5 years
The roadmap is focused on areas like privacy, scalability, efficiency, and interoperability laying the groundwork for a more connected and secure blockchain ecosystem. Conflux is a hybrid blockchain that utilizes PoW and PoS consensus mechanisms.
👉 medium.com/conflux-network/embark-on-the-conflux-tech-odyssey-mapping-out-the-next-3-5-years-de4c35b75dfe
bitSmiley has joined the Web3 Idol Competition by Bybit
The event will last until October 31st, 10:00 UTC. Users can now cast their vote and share a 1M MNT prize pool. If your pick wins, you’ll share a prize pool of up to 600K MNT. bitSmiley is a stablecoin, lending and derivatives protocol on the Bitcoin blockchain.
👉 x.com/bitsmiley_labs/status/1841085393296638315
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.27T (-5.47%)
BTC Price: $61,625 (-3.65%)
BTC Dominance: 53.8% (+0.40%)
Fear & Greed Index: 42 (Fear)
Total Value Locked: $135B (-4.88%)
Humanity Protocol announced the launch of its Testnet
The Testnet will be rolled out in 3 phases: Human ID reservation, pre-enrollment via app, and full enrollment via palm vein verification. The Human ID reservation is now live. Humanity Protocol is a zero-knowledge decentralized identity project.
👉 https://x.com/Humanityprot/status/1840787351896809804
CARV announced an Airdrop Season 1 with $40 million CARV in reward
Season 1 will reward NFT & SBT holders, campaign participants (SOULDrop, Infinite, CARV Play, Binance Web3, GEMs), contributors with Guardian EXP. The snapshot was taken on Oct 1. CARV will allocate 10% of the total supply for Airdrops, split into 3 seasons.
👉 x.com/carv_official/status/1841064147276218609
Swing has announced the launch of Swing Points
The points can be acquired by using Swing through Galaxy Exchange and making Swaps and Bridge transfers, as well as performing Quests and Referring friends. Swing empowers Web3 teams and developers with tools to access decentralized cross-chain liquidity.
👉 blog.swing.xyz/p/introducing-swing-points
Kelp DAO (KEP) and Axelar (AXL) have rolled out agETH bridge
Existing agETH holders can bridge to these L2s while new users can now deposit rsETH and ETH on Linea, Scroll & Arbitrum to mint agETH on these L2s. 300K AXL bonus is reserved for minting and/or bridging agETH. Kelp DAO is an Ethereum liquid restaking platform.
👉 x.com/KelpDAO/status/1840775589835460658
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.37T (-0.32%)
BTC Price: $63,942 (-0.47%)
BTC Dominance: 53.4% (-0.10%)
Fear & Greed Index: 50 (Neutral)
Total Value Locked: $142B (-0.16%)
Top Fundraising Rounds conducted in September
Projects that received the most funding are Huma Finance ($38M), a tokenized RWA platform, Balance ($30M), a blockchain and AI-powered gaming platform, and TON Blockchain ($38M), a Layer 1 blockchain designed by Telegram.
Grayscale unveiled an investment trust for Aave (AAVE)
Grayscale has started a new fund that offers exposure to AAVE tokens. The launch comes only a few weeks after Grayscale rolled out its most recent fund, the Grayscale Avalanche AVAX Trust. Grayscale is a leading crypto asset manager.
👉 coindesk.com/business/2024/10/03/grayscale-rolls-out-aave-fund
Top-15 Total Value Locked (TVL) gainers in Q3 2024
Among the top performers are COREx Network, a decentralized exchange on Core Network, Pharaoh CL, an AMM designed to serve as Avalanche's central liquidity hub, and SiloStake, a liquid staking and MEV focused protocol on Sei.
LayerZero (ZRO) has joined hands with Eigen Labs
Together, they are developing framework for CryptoEconomic Decentralized Verifier Networks to allows projects to bootstrap a DVN on EigenLayer using any token, operator, slashing rules.
LayerZero Labs will become the first DVN to utilize framework, accepting ETH, ZRO, and EIGEN as staking assets. LayerZero is an interoperability protocol enabling cross-chain communication.
👉 medium.com/layerzero-official/layerzero-x-eigenlayer-the-cryptoeconomic-dvn-framework-68af27ca2040
Crypto Events Recap, Sep 30 - Oct 2
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-sep-30-oct-2-2024
Nibiru Foundation announced the launch of Nibiru Ventures
Nibiru Ventures will support emerging blockchain projects within the Web3 ecosystem, focusing on DeFi and RWA spaces. Along with funding, Nibiru Ventures will provide strategic guidance to ecosystem builders, assisting them with go-to-market strategies.
👉 decrypt.co/284146/nibiru-foundation-launches-strategic-venture-arm-to-support-web3-innovation
AutoLayer (LAY3R) will hold its initial listing on KuCoin, Gate, and MEXC on October 3rd, 8:00 AM UTC
LAY3R initial price is $0.65. Initial Market Cap is $890K. Diluted Valuation is $19.5M. AutoLayer is the premier LRTfi hub on Arbitrum offering to its users a one-click Liquid Restaking and Staking.
👉 x.com/AutoLayer/status/1841179977687187565
Liquidations by CEXs in the past 24 hours account for $526 million!
In the past 24 hours, 155,364 traders were liquidated. The largest single liquidation happened on Binance - BTC/USDT valued at $12.7M.
Data source: coinglass.com
The biggest Fundraising Rounds conducted in Q3
Projects that received the most funding are Sentient ($85M), an open-source AI platform, Story Protocol ($80M), a Layer 1 intellectual property blockchain, Partior ($60M), a Bitcoin miner company, and ceτi AI ($60M), an Ethereum-based AI platform.
Ozean L2 announced an integration with LayerZero to unlock liquidity for RWAs
The integration will enable Ozean native stablecoin (USDX) and yield-bearing stablecoins (ozUSD) to access all EVM L2 chains and Solana via LayerZero Omnichain Fungible Token (OFT) Standard. Ozean is a blockchain for RWA Yield, launched by Clearpool.
👉 clearpool.medium.com/ozean-integrates-with-layerzero-to-revolutionize-cross-chain-liquidity-for-rwas
Mysten Labs unveiled Warlus, a decentralized storage protocol
The solution for blockchain applications and autonomous agents provides two key benefits, including cost-effective blob storage & high availability and robustness. Mysten Labs, company behind Sui, is a crypto and blockchain infrastructure technology company.
👉 mystenlabs.com/blog/announcing-walrus-a-decentralized-storage-and-data-availability-protocol
EigenLayer (EIGEN) initial listing took place on major exchanges
EIGEN token is now listed on Binance, Coinbase, Bybit, Gate and other exchanges. EIGEN current price is $4.09. Current Diluted Valuation is $6.88B. EigenLayer offers a protocol for users to deposit and re-stake ETH from various LSTs.
👉 x.com/eigenlayer/status/1840967244408344619
Crypto Events Recap, September 28-30
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-september-28-30-2024
Manta Network (MANTA) has rolled out the Gas Gain program
Through this initiative, users will earn points for every on-chain move on Manta Pacific. 50% of Pacific Gas Fee earnings will be converted into MANTA and distributed among the top 400 users based on their total points during the reward period.
👉 mantanetwork.medium.com/gas-gain-level-up-your-on-chain-game-on-manta-pacific