DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.24T (+2.45%)
BTC Price: $60,866 (+3.79%)
BTC Dominance: 53.7% (+0.30%)
Fear & Greed Index: 30 (Fear)
Total Value Locked: $136B (+1.85%)
The biggest Fundraising Rounds conducted in the last 7 days
Projects that received the most funding are Chaos Labs ($55M), a risk and security product for DeFi, Sahara Labs ($37M), a decentralized AI blockchain platform, and WSPN ($30M), a digital payment system.
Binance will support Frontier (FRONT) token swap and rebranding to Self Chain (SLF)
Starting August 27th, Binance will delist all existing FRONT spot trading pairs and open SLF pairs on August 30th, 8:00 AM UTC. FRONT token will be swapped to SLF at a 1:1 ratio. Self Chain is a modular intent-centric access L1 and keyless wallet infrastructure.
👉 binance.com/en/support/announcement/binance-will-support-the-frontier-front-token-swap-and-rebranding-to-self-chain-slf
WSPN has raised $30 million in a Seed fundraising round
The funding was co-led by Foresight & Folius Ventures followed by Hash Global, Generative Ventures, Yunqi Partners, and RedPoint China. WSPN (Worldwide Stablecoin Payment Network) is a leading provider of next-generation stablecoin infrastructure.
👉 wspn.io/news_detail.html?id=18
Top-15 Real World Assets (RWA) Coins by Market Capitalization
Real World Assets (RWA) in crypto refers to tokenizing tangible assets from the physical world and issuing digital securities on-chain for retail customers.
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
Crypto Events Recap, August 17-19
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-august-17-19-2024
Mirada AI (MIRX) joined the IBM for Startups acceleration program
Mirada AI will access technical support and guidance from industry leaders, advisory and consulting meetings, free cloud computing credits, and more. Mirada AI is a decentralized AI tool offering image generation, face-swap, LLM chat, and image upscaling.
👉 x.com/miradaai/status/1825472660492398685
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
Holonym has closed a $5.5M Seed fundraising round
The funding was led by Finality Capital and Paper Ventures with the participation of Draper Dragon, Arrington Capital, Lightshift, and Selini Capital among others. Holonym is introducing Human Keys, a novel approach to private key management.
👉 x.com/0xHolonym/status/1824890631237652486
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