RedStone has closed a $15M Series A funding round
The funding was led by Arrington Capital, with IOSG Ventures, Spartan Capital, gumi Cryptos, SevenX, Amber, Kenetic and other participating. RedStone is an Oracle that delivers reliable and diverse data feeds for dApps and smart contracts on multiple L1s & L2s.
👉 x.com/redstone_defi/status/1808140117443264573
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.37T (-2.07%)
BTC Price: $60,732 (-2.98%)
BTC Dominance: 50.6% (-0.20%)
Fear & Greed Index: 50 (Neutral)
Total Value Locked: $154B (-1.24%)
Chromia (CHR) confirmed the Mainnet launch on July 16
Chromia will also bridge its native token CHR on its Mainnet to facilitate the staking delegation process, network hosting fee payments, and other core network functions. Chromia is a Layer 1 blockchain platform.
👉 theblock.co/post/302392/blockchain-project-chromia-to-launch-mainnet
Circle earns license to issue USDC and EURC under Europe’s MiCA framework
Circle will be able to issue USDC & EURC stablecoins under the markets in crypto assets (MiCA) comprehensive regulatory framework established by the European Union. The EU approved MiCA in April 2023 and the rules are being implemented in stages.
👉 theblock.co/post/302897/circle-earns-license-to-issue-usdc-and-eurc-under-europes-mica-regulatory-framework
Plume Network launches Task2Get campaign via Bitget Wallet
Users can discover Plume ecosystem projects and earn 1,000,000 Plume Miles. To participate, users must download Bitget Wallet and join the Task2Get activity. Plume is a modular L2 for onboarding RWA projects.
👉 x.com/plumenetwork/status/1808052677567189502
5ireChain (5IRE) launched closed mainnet beta
Along with the mainnet rollout, 5ire launches 5ire Scan featuring advanced metrics and block analytics, Nominator and Validator App, 5ire IDE, and Mainnet Airdrop. 5ire is a Layer 1, EVM-compatible blockchain platform integrating sustainability with technology.
👉 x.com/5ireChain/status/1807819142562828643
Astria has closed a $12.5M Strategic funding round
The funding was led by Placeholder VC & dba. Other investors include 1kx, Maven 11 Capital, RockawayX and Figment Capital. Astria is building a decentralized sequencing layer that can be shared amongst multiple rollups.
👉 coindesk.com/tech/2024/06/27/protocol-village
Crypto Events Recap, June 29 - July 1
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-june-29-july-1-2024
Well3 (WELL) to conduct its initial listing on Bybit on July 3
WELL trading will go live on July 3rd at 10:00 AM UTC. Deposits are now live. WELL3 is a Web3 Wellness platform that transforms health data into valuable rewards. Well raised $8M from Animoca Brands, Blocore VC, Fenbushi Capital, the Spartan Group, and others.
👉 x.com/Bybit_Official/status/1807685574280561071
Sony acquired Amber Japan to launch a crypto exchange in Japan
A Sony Group subsidiary is rebranding local crypto exchange WhaleFin to S.BLOX, acquired last year. The revamp also includes a redesign of the user interface and a new mobile app. Moreover, Sony’s Web3 VC include building its public blockchain network.
👉 theblock.co/post/302719/sony-launches-crypto-exchange-in-japan
Top-15 Total Value Locked (TVL) gainers in Q2 2024
Among the top performers are Nile CL, an AMM designed to serve as Linea's central liquidity hub, EVAA Protocol, a lending protocol on TON blockchain, and Echelon Market, a lending market connecting liquidity and supercharging yields on Aptos.
ASI Alliance (ASI) kicks off its token merger Phase 1
Phase I will see SingularityNET (AGIX) and Ocean (OCEAN) tokens merging into FET, before transitioning to the ASI in Phase 2. AGIX and OCEAN will begin to be delisted. FET deposits, withdrawals, and trading will continue as usual.
👉 fetch.ai/blog/navigating-the-asi-token-merger-a-comprehensive-guide
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.45T (+3.48%)
BTC Price: $63,213 (+2.77%)
BTC Dominance: 50.8% (+0.20%)
Fear & Greed Index: 53 (Neutral)
Total Value Locked: $157B (+1.04%)
MAJOR UPCOMING EVENTS IN JULY!
A full list of Major Upcoming Events, to be updated
👉 https://cryptodiffer.com/events
Top Fundraising Rounds conducted in June
Projects that received the most funding are Babylon ($70M), a Bitcoin staking protocol, Avail ($43M), an Ethereum data network, and M^ZERO ($35M), a decentralized cryptodollar issuance protocol.
Zesh (ZESH) announced a partnership with Skale (SKL)
Through this collab, Zesh chose SKALE as their blockchain of choice for deploying Zesh Apps to provide its users with a zero-gas fee model and enhanced security. Zesh is an integrated suite of AI-powered apps, leveraging zkML and ultra-gamified models.
👉 x.com/ZeshApps/status/1808097090905543102
Prodia raised $15 million in seed funding led by Dragonfly Capital
Additional support in the funding came from HashKey Capital, Wеb3.cоm, Index Ventures, Symbolic Capital, OKX Ventures, EV3, Artichoke, TRGC, Folius, among others. Prodia builds out a distributed network of GPUs.
👉 theblock.co/post/302971/dragonfly-capital-leads-15-million-seed-round
Sentient has raised $85 million in a Seed funding round
Founders Fund, Pantera Capital and Framework co-led the Seed funding. Other investors include Ethereal Ventures, Robot VC, Symbolic, Delphi Ventures, Hack VC, Arrington, HashKey Capital, and others. Sentient is an open-source AI development platform.
👉 theblock.co/post/302983/peter-thiel-founders-fund-sentient-funding-ai-polygon
Top-15 Price Gainers in Q2 2024
Among the top performers are Apu Apustaja, a meme token running on the Ethereum blockchain, Non-Playable Coin, the first meme-fungible token (MFT), and PONKE, a Solana-based memecoin.
Sharpe AI (SAI) announced the launch of Sharpe DEX in Beta
Sharpe DEX is a one-stop platform for cross-chain swaps. Moreover, the project has conducted a transition to a dynamic new EPOCH-based points system. Sharpe is an institutional-grade crypto App, serving as a unified frontend for intelligence, tracking and investing.
👉 x.com/SharpeLabs/status/1807469335604351416
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.42T (-1.24%)
BTC Price: $62,498 (-1.08%)
BTC Dominance: 50.8% (+0.20%)
Fear & Greed Index: 51 (Neutral)
Total Value Locked: $156B (-0.75%)
The biggest Fundraising Rounds conducted in the last 7 days
Projects that received the most funding are Hut 8 Mining ($150M), a crypto mining and blockchain infrastructure company, Conduit ($37M), a rollup-native cloud platform, and MegaETH ($20M), an ETH-compatible L1 blockchain.
Ta-da (TADA) launches on BNB Chain via PancakeSwap
The TADA token migrated to the BNB Chain, with infrastructure remaining on MultiversX. The token is now part of the Binance ecosystem and available on Pancakeswap. Ta-da is a data-sharing platform where users can earn rewards by completing tasks.
👉 x.com/Ta_da_io/status/1807723316360126839
Rejuvе.АI (RJV) partners with OpenCures and Purovitalis
The collaboration will improve the community’s access to superb products for better health and vitality. Rejuvе.АI represents a decentralized longevity research network that aims to bring together individuals, clinics, researchers, health supply vendors.
👉 x.com/Rejuve_AI/status/1806762300805972439
Carv (CARV) launched CARV Alphanet for node operators
Starting today, users can start running nodes on Alphanet and earn test tokens. Windows and MacOS users can officially download the node operation software. Carv is a data layer platform allowing Web3 gaming and AI companies to control and monetize their data.
👉 medium.com/carv-official/introducing-carv-alphanet-35m-node-sale-propels-decentralization-milestone-05daa43c2e07
The U.S. SEC sued Consensys over MetaMask Staking
SEC alleged that MetaMask acted as an unregistered broker and that its staking service violated securities laws. The agency also targeted Ethereum staking services Lido and Rocket Pool, referring to their stETH and rETH tokens as unregistered securities.
👉 coindesk.com/policy/2024/06/28/sec-sues-consensys-over-metamask-staking-broker-allegations/
Promising projects that have announced public sale or farming
Presenting the list of the projects that have already announced or conducted IEO, IDO, or farming and might enter the market shortly. The list includes ReadyGG, EARN’M, Dojo Protocol, Hats Finance, Plena Finance, XOXNO Network and Enso Finance.
Crypto Events Recap, June 27-28
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-june-27-28-2024
TOP NFT SALES CONDUCTED IN JUNE
The Top NFT sales list includes only the CryptoPunks collection. The most expensive NFT sale accounted for (250 ETH) ($825K).