Infinex raised $65.29M in a Patron NFTs sale
Investors in the round include Wintermute, Framework Ventures, Bodhi Ventures, Wormhole, Breyer Capital, Solana Ventures and Pyth among others. Infinex is a decentralized perpetuals exchange created by Kain Warwick (Synthetix Founder).
👉 x.com/infinex_app/status/1838730410710446144
Gunzilla Games has received funding from Delphi Ventures
Along with the funding, Delphi Ventures has become the largest Validator Node operator of Gunzilla’s gamer-first ecosystem and blockchain platform GUNZ. Gunzilla Games is a developer of the AAA Battle Royale “Off The Grid”.
👉 gunzillagames.com/en/news/58-Gunzilla-Games-Announces-Delphi-Ventures-as-GUNZ-Blockchain-s-Largest-Validator
Crypto Events Recap, September 24-25
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-september-24-25-2024
Initia raised $14 million in Series A funding at a $350 million valuation
Theory Ventures led the Series A funding round with participation from Delphi Ventures, Hack VC, and angel investors such as Keone Hon (Monad Labs), Bryan Pellegrino (LayerZero Labs), Jordi Alexander (Selini Capital), and Michael Egorov (Curve Finance).
👉 theblock.co/post/318102/initia-funding-token-valuation
Sonic Labs (S) announced its mainnet launch in December
Mainnet will introduce various features, such as up to 90% gas rebates, a native stablecoin and funding opportunities through Sonic BOOM and the innovator fund. There will also be a 200 million token airdrop. Fantom rebranded to Sonic this August.
👉 x.com/AndreCronjeTech/status/1838767816436257274
zkLink (ZKL) gets listed on HTX today, on September 25th
The ZKL token trading will commence at 11:00 AM UTC under ZKL/USDT trading pair. Deposits are now open. zkLink is a multi-chain Layer 3 rollup infrastructure that uses ZK technology to unify fragmented liquidity and simplify DApp development.
👉 htx.com/support/104981556873888
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.34T (+0.74%)
BTC Price: $63,832 (+0.32%)
BTC Dominance: 53.9% (0.00%)
Fear & Greed Index: 59 (Neutral)
Total Value Locked: $141B (+1.34%)
Fuel Network announced the second phase of its Point Program
In Phase 2, users can earn rewards by interacting with Fuel dApps such as Mira, Spark, Griffy, SwayLend, and Fluid Protocol. The Phase 2 includes activity, gas, and passive points. Participants of Phase 1 will receive a 1.25x Multiplier on activity and gas points.
👉 x.com/fuel_network/status/1838203437692961163
Sharpe AI (SAI) released its own token sale platform, dubbed Sharpe Launchpad
Users need to stake SAI to access the launchpad while enjoying up to 50% APR. The more SAI ones stake, the better their chances of participating in each sale. Sharpe AI is a unified platform for investing, intelligence, and automating digital assets.
👉 x.com/SharpeLabs/status/1837091906045759674
Ethernity (ERN) has launched a $10 million grant program
Its goal is to empower developers, startups and creators with grants, ranging from $15K to $150K, focused on games entertainment and blockchain infrastructure. Ethernity Chain is an entertainment-focused Layer 2 chain built on Optimism's OP stack.
👉 x.com/EthernityChain/status/1833544957275038149
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.33T (-0.08%)
BTC Price: $63,667 (+0.26%)
BTC Dominance: 53.9% (-0.10%)
Fear & Greed Index: 54 (Neutral)
Total Value Locked: $139B (-0.69%)
The biggest Fundraising Rounds conducted in the last 7 days
Projects that received the most funding are TON Blockchain ($38M), a Layer 1 blockchain designed by Telegram, Drift Protocol ($25M), a perpetual DEX on Solana, and Helius ($21.75M), a Solana-based developer platform.
deBridge scheduled the DBR launch on Jupiter Launchpad on October 15
The DBR is scheduled to launch on Jupiter LFG on October 15 with more details to be released later. Previously, deBridge dropped the direct-to-CEX airdrop claim page to Kucoin, Gate, Bitget, and MEXC. deBridge is a liquidity unlocking and cross-chain bridging dApp.
👉 https://x.com/deBridgeFdn/status/1837416027271188597
Visa has rolled out Visa Tokenized Asset Platform (VTAP)
VTAP enables the development of fiat-backed tokens powered by smart contracts. Spanish bank BBVA will become the first financial institution to use the platform. Earlier this month, Visa became a partner of Brazil's central bank in its CBDC pilot.
👉 coindesk.com/business/2024/09/25/visa-to-help-banks-issue-fiat-backed-tokens-on-ethereum-via-new-tokenized-asset-platform/
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.35T (+0.36%)
BTC Price: $63,774 (-0.12%)
BTC Dominance: 53.7% (-0.20%)
Fear & Greed Index: 50 (Neutral)
Total Value Locked: $140B (-0.62%)
Farcaster announced the launch of its Mini Apps
Developers can now use frames to launch full-functional web apps within the mobile app. Frames are a way to build interactive apps that run directly in a Farcaster social feed. Farcaster is an innovative, open-source, decentralized social network
👉 x.com/dwr/status/1838666019788984692
Binance launches a Pre-Market spot trading service with actual tokens
The Pre-Market will allow users to take early positions before a token's official launch. The pre-market projects will be announced separately from selected upcoming Launchpool projects.
👉 binance.com/en/support/announcement/binance-launches-pre-market-exclusive-offering-for-users
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
ZKsync (ZK) to be listed on Coinbase today, on September 25th
Coinbase began accepting inbound transfers of ZK. Trading will commence on or after 16:00 UTC, if liquidity conditions are met. ZKsync is a Layer 2 for scalable low-cost payments on Ethereum.
👉 x.com/CoinbaseAssets/status/1838681189139337696
Treasure DAO approves migration to ZKsync with Mainnet launch in coming months
The proposal outlined plans to launch the Treasure chain as a Layer 2 leveraging ZKsync’s ZK Stack technology instead of Arbitrum Orbit as previously planned. Mainnet is scheduled to launch within the next 1.5 to 2 months.
👉 theblock.co/post/317789/treasure-dao-approves-migration-to-zksync-eyes-mainnet-launch-within-two-months
Polymarket is seeking $50 million in fresh funding, hints at potential token launch
Investors in the round will receive token warrants, which grant them right to purchase tokens if Polymarket launches them later. In May, Polymarket raised $45 million in funding from Founders Fund, 1confirmation, ParaFi, Vitalik Buterin, Dragonfly, Kevin Hartz.
👉 theblock.co/post/317782/polymarket-considers-token-launch-to-raise-over-50-million-report
EigenLayer is expected to remove EIGEN transfer restrictions on September 30th
With the upcoming activation of token transferability, stakeholders will be able to trade and transfer their share of EIGEN tokens, including the airdropped rewards. EigenLayer offers a protocol for users to deposit and re-stake ETH from various LSTs.
👉 x.com/eigenfoundation/status/1838270195246170553
Gaming dApps by the number of users in the last 30D
The infographic depicts the Top-12 Gaming dApps sorted by the number of Unique Active Wallets interacting or performing a transaction with a dApp's smart contracts in the last 30 days.
Celestia (TIA) raised $100M in a new funding round
The funding, led by Bain Capital Crypto with Syncracy Capital, Robot Ventures, 1kx, and Placeholder participating, brings total amount raised to $155M. Celestia is a modular network that functions as a data availability and consensus layer for other blockchains.
👉 blog.celestia.org/celestia-foundation-raise/
Crypto Events Recap, September 21-23
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-september-21-23-2024
Velvet.Capital launches its updated DeFi app built on Base
The Velvet allows users to manage, trade, and create portfolios in a one-singe app. Among the features are also personal, private, and public vault creation, with shared yield for community members. Velvet is a DeFi management platform, backed by Binance Labs.
👉 x.com/Velvet_Capital/status/1837126898372985316
Cross The Ages (CTA) unveiled its second game, dubbed Arise
Arise is a multiplayer action RPG developed on Unreal Engine 5. The game page is now available on the Epic Game Store with an official release coming soon. The whitelist for early access is now available to the public.
👉 x.com/crosstheages/status/1837226906858467767