DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.16T (-7.33%)
BTC Price: $58,669 (-6.69%)
BTC Dominance: 53.7% (-0.20%)
Fear & Greed Index: 30 (Fear)
Total Value Locked: $130B (-6.13%)
MakerDAO rebrands to Sky and rolls out new USDS stablecoin and SKY governance token
The new USDS stablecoin and SKY governance token will be available on September 18 with a new DeFi application. Holders will be able to exchange DAI tokens 1:1 for USDS, while each MKR token can be swapped for 24,000 SKY tokens. The MRK and DAI will remain in circulation unchanged.
👉 coindesk.com/business/2024/08/27/makerdao-is-now-sky-as-7b-crypto-lender-rolls-out-new-stablecoin-governance-token
Performance of the recent Binance Launchpool projects
DOGS (DOGS) trading went live on Binance exchange following the Launchpool event. Let's have a look and compare the token metrics of the latest projects launched via Binance Launchpool.
Crypto Events Recap, August 24-26
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-august-24-26-2024
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
Fеtch.аі (FET) launches a $10M Innovation Lab
The Lab will offer $10M annually, with up to $1M per project, for projects using the platform to build AI agents. Along with the Lab, Fetch is announcing two additional initiatives targeting the AI community: an internship incubator and an ambassador program.
👉 cointelegraph.com/news/fetch-ai-innovation-lab-10-m-fund-startups
Lympid (LYP) integrates Chainlink’s tokenized asset infrastructure
By integrating the industry-standard Chainlink CCIP and proof of reserves, Lympid can now offer a secure and composable method for accessing tokenized RWAs. Lympid is a fully regulatory-compliant platform to issue and trade premium RWAs.
👉 x.com/chainlink/status/1826291181526851836
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.34T (-1.49%)
BTC Price: $63,665 (-0.43%)
BTC Dominance: 53.8% (-0.10%)
Fear & Greed Index: 55 (Neutral)
Total Value Locked: $142B (-0.49%)
Crypto Events Recap, August 22-23
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-august-22-23-2024
Sharpe AI (SAI) introduced the Brownian (BRO), an AI-powered search engine
Brownian is the first project in the Sharpe AI ecosystem, incubated by Sharpe AI. Brownian represents an AI-powered crypto search engine mini app built on the TON blockchain. Users can now get access to the Brownian mini app via Telegram bot.
👉 x.com/SharpeLabs/status/1826904303295934935
Binance Labs to invest in 4 projects due Season 7 of the Most Valuable Builder (MVB) program
The 4 high-performing projects in Season 7 include Aggregata, Opinion Labs, SideKick, and Vooi. Participants will get personalized mentorship from BNB Chain, CMC Labs, and Binance Labs experts, as well as access to the BNB Chain launch-as-a-dervice package.
👉 bnbchain.org/en/blog/binance-labs-invests-in-four-exceptional-projects-from-bnb-chains-mvb-season-7
Top 15 Staking Providers by Total Assets Under Management
The ranking shows the cumulative worth of all the assets entrusted to the provider's management, encompassing various forms of staking and delegation activities. A higher AUM (Assets Under Management) suggests substantial user trust, while a lover AUM might indicate a more specialized or selective approach.
Top-15 Monthly Social Volume Gainers
Social Volume refers to the overall count of social media messages, posts, and metadata from the internet that include terms related to a specific cryptocurrency project.
XION (XION) rolled out its Chain Abstraction for MultiversX (EGLD)
The integration enables users to seamlessly interact with apps across both ecosystems without the need to grapple with the complexities typically associated with Web3. XION is the L1 purpose-built for mainstream adoption through Generalized Abstraction.
👉 x.com/burnt_xion/status/1826624996002918444
Top Meme Coins by Diluted Valuation in Tron Ecosystem
The SUNDOG ($270M) and Tron Bull ($159M) meme coins reached $100M+ in FDV. Among other $10M+ Tron Meme coins are Invest Zone ($44M), Dragon Sun ($31M), SunWukong ($22M), MUNCAT ($20.5M), FoFar ($17.5M), BULLS ($14M), and Suncat ($13.8M).
Microsoft-backed AI, blockchain startup Space & Time Labs raised $20 million in Series A funding
The Series A funding was led by Framework, Lightspeed Faction, Arrington Capital, and Hivemind. Among other participants are M12, DCG, Circle Ventures, OKX Ventures, F-Prime, and Alumni VC. The round brings the total funding amount to $50 million.
👉 theblock.co/post/313234/microsoft-backed-ai-blockchain-startup-space-and-time-raises-another-20-million
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.30T (-3.03%)
BTC Price: $62,723 (-1.64%)
BTC Dominance: 53.9% (+0.10%)
Fear & Greed Index: 48 (Neutral)
Total Value Locked: $139B (-2.14%)
The biggest Fundraising Rounds conducted in the last 7 days
Projects that received the most funding are Story Protocol ($80M), a Layer 1 intellectual property blockchain, Fabric Cryptography ($33M), a company focused on developing advanced crypto algorithm hardware, and Bifinance ($10M), a cryptocurrency exchange platform.
Sharpe AI (SAI) gets initially listed on August 27th, 1:00 PM UTC
SAI token will be listed on Gate, MEXC Global, BingX and Uniswap exchanges. Initial SAI price is $0.02. Initial Market Cap is $1.62M. Diluted Valuation is $20M. Sharpe AI is a unified platform for investing, intelligence, and automating digital assets.
👉 x.com/SharpeLabs/status/1827264182938460384
Top-15 tokens by Current ROI launched this summer
Among the top performers are Lista DAO, an open-source liquidity protocol for earning yields, Simon's Cat, a memecoin backed by full IP rights from the iconic Simon's Cat brand, and Nigella Chain, an innovative blockchain network.
DOGS (DOGS) initial listing to take place on major exchanges
Binance, OKX, KuCoin, Bybit, Gate, and MEXC already announced the listing. DOGS token trading on spot markets will commence on or after August 26, 12:00 UTC. DOGS is a memecoin project created to engage the Telegram community by rewarding users.
👉 x.com/binance/status/1825940220807618802
MAJOR UPCOMING EVENTS IN AUGUST-SEPTEMBER!
A full list of Major Upcoming Events, to be updated
👉 https://cryptodiffer.com/events
Crypto Events Recap, August 22-23
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-august-22-23-2024
Sony Group to launch an Ethereum Layer 2 in collab with Startale Labs
Sony Block Solutions Labs unveiled development of Soneium, an Ethereum Layer 2 focused on mainstream adoption. Soneium plans to deliver Web3 apps across entertainment, gaming, and finance fields, leveraging Sony’s global Web2 presence.
👉 theblock.co/post/312738/sony-group-teases-upcoming-launch-ethereum-layer-2
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
Conduit released marketplace platform for rollup teams
Conduit Marketplace offers a place where rollup teams can "find, buy, and deploy integrations for anything their chain needs" with 48 partners already listed. Previously, it raised $44M in funding from Paradigm, Haun Ventures, and Robot Ventures among others.
👉 blog.conduit.xyz/introducing-conduit-marketplace/
Babylon launched Bitcoin (BTC) staking mainnet Phase 1
During Phase-1, Bitcoin holders can lock their BTC for staking. The platform has already amassed 12,710 stakers performing over 20,600 staking delegations. Previously, it raised $96M in funding backed by Paradigm, Polychain Capital, and Bullish Capital among others.
👉 theblock.co/post/312665/babylon-launches-phase-one-of-its-self-custodial-bitcoin-staking-mainnnet
Aethir (ATH) has introduced upcoming 6-Month Roadmap
In the coming months, Aethir's roadmap focuses on expanding its enterprise service offerings in three key areas: Cloud Gaming, Cloud Phone, and Artificial Intelligence. Aethir is an enterprise-grade GPU-as-a-service provider.
👉 blog.aethir.com/blog-posts/aethirs-upcoming-6-month-roadmap-powering-the-future-of-ai-gaming-and-decentralized-gpu-infrastructure