Stablecoin issuer Paxos is set to launch its products on Arbitrum Network
According to Offchain Labs, an Arbitrum developer, Paxos has decided to bring its stablecoin issuance and regulated tokenization platform to Arbitrum. Arbitrum stablecoins are currently available on Ethereum, Polygon POS, and Solana.
👉 theblock.co/post/315570/paxos-arbitrum
Web Traffic Spotlight in August: Centralized Exchanges
Web traffic info shows how many users visited a website. The website viewership helps understand the popularity of the website, website audience geography, and other valuable details.
Data provided by similarweb.com
Layer 1 dApps by the number of users growth in the last 30D
Among top performers are IN - match3, a cross-platform MMORPG, Ragnarok, a tower defense and Monster collecting game, and HunnyPlay, the first online casino built on BNB Chain.
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.11T (+2.37%)
BTC Price: $57,343 (+4.04%)
BTC Dominance: 53.7% (+0.50%)
Fear & Greed Index: 33 (Fear)
Total Value Locked: $124B (+1.95%)
The biggest Fundraising Rounds conducted in the last 7 days
Projects that received the most funding are Balance ($30M), a blockchain and AI-powered gaming platform , Hypernative ($16M), a Web3 security and risk management company, and Treble ($12.2M), a sound simulation technology startup.
Solana NFT creator platform DRiP raised $8 million in the Seed funding round
NFX, Progression, and Coinbase Ventures led the Seed funding round. Among previous DRiP's Pre-Seed round investors are Placeholder, 6th Man Ventures, and over 30 angel investors. Funds will be used for the development and release of its mobile app.
👉 theblock.co/post/315270/solana-drip-raises-8-million-usd
Sonic SVM will hold Hyperfuse node sale starting next week
Sonic plans to raise $12.8M by selling 50,000 "HyperFuse nodes" in 20 pricing tiers. The nodes come with token rewards and allow holders to monitor the network state. Sonic is the first atomic SVM Layer 2 for gaming built on the Solana blockchain.
👉 x.com/SonicSVM/status/1832042417643471100
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: $2.05T (+0.29%)
BTC Price: $55,135 (+1.41%)
BTC Dominance: 53.2% (-0.20%)
Fear & Greed Index: 26 (Fear)
Total Value Locked: $122B (+1.55%)
Crypto Events Recap, September 5-6
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-september-5-6-2024
Gunzilla Games collab with Lorne Balfe for Off the Grid sound theme
The Grammy winning composer Lorne Balfe created official sound theme for Off the Grid game, available in beta on PC and PS5. Gunzilla Games is a developer of the AAA Battle Royale “Off The Grid”’ and gaming-focused blockchain GUNZ.
👉 x.com/playoffthegrid/status/1831995766983774360
Apeiron (APRS) announced that its Season 3 is now live
The new season features PvP and PvE Leaderboards offering over 240K APRS Additionally, Apeiron will airdrop 260,000+ APRS in partner community events, as well as 500K extra APRS earnable through mobile pre-registration and mobile launch events.
👉 x.com/ApeironNFT/status/1831636304284807657
Binance Labs-backed Catizen (CATI) to conduct its initial listing on Bybit on September 20th
Catizen is a cat-themed game on Telegram that blends Artificial Intelligence, GameFi, and Metaverse. In just a few months, Catizen has grown its community to around 25M players, around 1.5M on-chain gamers, and over 500K paying users globally.
👉 x.com/Bybit_Official/status/1831708872580465129
XION (XION) kicks off Chain Abstraction for Plume Network
Through the integration with Plume, the RWA ecosystem will onboard new users by leveraging XION’s simplified Web3 UX, an ecosystem of apps, an expansive network of integrated chains, and an active user base of over 3.5M users.
XION is the L1 purpose-built for mainstream adoption through Generalized Abstraction. Previously, XION introduced XION, the utility token powering the XION Proof-of-Stake network.
👉 x.com/burnt_xion/status/1831700906263409142
Halo Capital raised $25 million for a new fund focused on digital asset
Halo Capital, based in New York, was officially announced this week by the 27-year-old Howard and Bhavin Vaid. Both recently worked at crypto-focused private equity firm 10T Holdings. Halo will invest in all categories from Bitcoin to decentralized AI sector.
👉 bloomberg.com/news/articles/2024-09-05/alan-howard-s-son-starts-a-crypto-venture-fund-with-colleague
On-device AI assistant PIN AI raised $10 million in a Pre-Seed funding round
Investors in the Pre-Seed round include a16z CSX, Hack VC, Anagram, Symbolic Capital, Blockchain Builders Fund, Alumni Ventures, Foresight, Nomad Capital, and Dispersion. The team hails from Ethereum Core Research, Google Brain, Stanford, MIT, CMU.
👉 decrypt.co/248561/pin-ai-secures-10m-from-a16z-csx-hack-vc-and-all-star-angels-to-launch-open-platform-for-personal-ai
AIT Protocol (AIT) joins Google Cloud Web3 Start-Up Program
Through this program, AIT will access to the Google’s Web3 ecosystem & exclusive tools. Moreover, this move might lead to AIT's listing on Google Cloud marketplace. AIT Protocol is a Web3 data platform specializing in data annotations and AI model training.
👉 x.com/aitprotocol/status/1833130475457511567
Pencils Protocol (DAPP) ICO to take place on Tokensoft on September 18th
Tokensoft will offer three different sale options with price ranging from $0.80 to $1.50 per DAPP token. Total Sale Hard Cap is 20,000,000 DAPP. Total raise is $23.33M. Pencils Protocol offers auction services for blockchain native assets and RWAs.
👉 x.com/pencilsprotocol/status/1831898690078044361
Crypto Events Recap, September 7-9
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-september-7-9-2024
Unisat-backed Fractal Bitcoin (FB) announced the launch of its Mainnet
Fractal uses BTC core codebase and differentiates itself from other BTC sidechains by Layer 2 solutions while focusing on Bitcoin-native constructs rather than EVM compatibility. Fractal can also natively support BTC protocols such as BRC-20, Runes, Ordinals, etc.
👉 theblock.co/post/315195/unisat-backed-fractal-bitcoin-goes-live-on-mainnet-taps-into-btc-core-code-for-scaling-solution
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
TON Foundation kicks off 5M TON DeFi Incentive Program
The program will help users to earn more rewards by providing liquidity. The initiative involves staking TON via Tonstakers and Bemo and providing these derivatives as liquidity to stTON/USDt and ts/TON/USDt pools on Dedust and StonFi.
👉 blog.ton.org/new-toncoin-defi-incentive-program
Sonic Labs has launched a public testnet of its Layer 1
Sonic, an EVM-compatible blockchain, achieved a transaction finality of 720 ms during testnet, potentially making it the fastest EVM blockchain. Fantom rebranded to Sonic this August. Along with the rebrand, the company announced a $10M round led by Hashed.
👉 x.com/0xSonicLabs/status/1832053492304806125
MAJOR UPCOMING EVENTS IN SEPTEMBER!
A full list of Major Upcoming Events, to be updated
👉 https://cryptodiffer.com/events
STATE OF THE DAOs
According to DееpDАО.iо, 50,874 organizations are accounting for 19.9 B total treasury with 16.8B of liquid and 3.1B of vested assets. During the last month, total DAOs treasury has increased by 2.2B, marking a 12.43% growth.
The most common treasury stablecoins are USDT, USDC, and DAI. Organizations with the most significant lifetime participants are Stargate Finance (1.20M), Arbitrum (324K), and Optimism (149K). The most significant number of proposals are in Lido DAO (641), Arbitrum (378), and Gnosis Chain (226).
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.
👉 https://app.orioleinsights.io/projects
Top 15 Projects by Network Growth over the past 30 days
Network growth shows the percentage increase in new addresses that transferred a given token for the first time in the selected period compared to the previous one.
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.05T (-3.13%)
BTC Price: $55,764 (-2.52%)
BTC Dominance: 53.7% (-0.10%)
Fear & Greed Index: 22 (Extreme Fear)
Total Value Locked: $125B (-1.14%)
Mastercard partners with Mercuryo to launch a euro-denominated crypto debit card
In the collaboration, Mastercard enabled a new euro-denominated debit card that allows users to spend cryptocurrencies stored on self-custodial wallets at more than 100 million merchants in Mastercard network.
👉 cointelegraph.com/news/mastercard-non-custodial-crypto-spending-card
Balance raised $30 million in funding led by Andreessen Horowitz (a16z) and Galaxy Interactive
Other investors in two funding rounds also include Animoca Brands, Aptos Labs, K5, DWF Ventures, Gate Labs, AMBER, MarbleX, Taisu Ventures, among others. Balance is a new AI-powered blockchain experience platform, created by E-PAL.
👉 chainwire.org/2024/09/05/e-pal-launches-web3-experience-infrastructure-balance-raising-30-million-from-a16z-galaxy-and-others