Crypto Events Recap, October 15-16
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-october-15-16-2024
Top-15 tokens by Price Bounce in the last 30 days
Presenting the tokens that showed the most significant growth from their lows in the last 30 days.
Binance will support the Kaia (KLAY) rebranding to Kaia (KAIA)
Binance will delist all existing KLAY spot trading pairs and cancel all pending KLAY trading orders on Oct 28, 3:00 AM UTC. The KAIA/USDT trading pair goes live on Oct 31, 8:00 AM UTC. Kaia is a new blockchain platform formed by merger of Klaytn and Finschia.
👉 binance.com/en/support/announcement/binance-will-support-the-kaia-klay-rebranding-to-kaia
Top-15 Total Value Locked (TVL) gainers in the last 30 days
Among the top performers are Flux Finance, a decentralized lending platform supporting permissioned assets, Capybara Exchange, the launchpad and decentralized exchange on kaia chain, and Predict Fun, the yield-bearing prediction market built on Blast.
Bitnomial raised $25M in a Series C round led by Ripple
Along with the funding, Bitnomial launched a trading platform in the United States allowing its users to trade perpetual futures, traditional futures, and options. The announcement follows Bitnomial's filing last week of a lawsuit against the U.S. SEC.
👉 x.com/Bitnomial/status/1846188841381593591
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.41T (+0.34%)
BTC Price: $66,904 (+1.58%)
BTC Dominance: 54.9% (+0.70%)
Fear & Greed Index: 73 (Greed)
Total Value Locked: $140B (-1.45%)
Web Traffic Spotlight in September: DePin Projects
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
Top Projects by average daily development activity on GitHub in the last 30 days
We took the data from Santimеnt.nеt. Projects are sorted by the average daily development activity during the last 30 days on Github. The number of daily events is approximate.
Top 3 are Internet Computer, Chainlink, and Cardano.
Hyperliquid unveiled HYPE token powering its Layer 1
Participants have time until November 11 to sign up for the genesis distribution. Hyperliquid is a platform that offers its users the ability to trade various perpetual derivatives through liquidity aggregation. Its TVL sits at $743M, up from $57M at the start of the year.
👉 x.com/HyperFND/status/1845851735363027270
Crypto Events Recap, October 12-14
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-october-12-14-2024
Puffer (PUFFER) has been listed on Bybit, KuCoin, Gate, and other exchanges
PUFFER trading is now live on multiple exchanges. Current price - $0.462. Market Cap - $44.6M. Diluted Valuation - $436M. Previously, Puffer introduced its tokenomics along with airdrop details. Puffer is a native liquid restaking protocol (nLRP) built on Eigenlayer.
👉 x.com/puffer_finance/status/1844234772274729416
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 DePin Coins by Market Capitalization
DePIN stands for Decentralized Physical Infrastructure Networks, which utilize blockchain and token rewards to construct and manage real-world infrastructure.
KIP Protocol (KIP) released Genesis Pass NFT collection
The 3,888 NFTs collection is divided into 3 tiers. NFT holders will be eligible for KIP airdrop at TGE, partner airdrops, Staking and Yield Programs, and rewards program. KIP Protocol is an open-source Web3 framework for AI applications, backed by Animoca Ventures.
👉 x.com/KIPprotocol/status/1845104734165926351
Tomo Wallet goes live via Telegram mini-app
Tomo Wallet is a multi-chain wallet built directly into Telegram, allowing users to send, receive, swap tokens across chains, buy memecoins, on- and off-ramp, and more. Among supported networks are Bitcoin, Ethereum, Solana, Scroll, Optimism, etc.
👉 medium.com/tomoinc/tomo-wallet-is-now-on-telegram-crypto-right-where-you-chat-214ca4fc88b4
Binance Labs announced an investment in Lombard to connect BTC to DeFi
Lombard is a developer and distributor of LBTC, a Bitcoin LST that allows users to earn a yield on Bitcoin while leveraging assets in DeFi. Lombard holds 40% of Bitcoin LST market, with over $500M in TVL. Lombard is a Bitcoin liquid staking platform built on Babylon.
👉 theblock.co/post/321450/binance-labs-bitcoin-liquid-staking-lombard
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
Opacity Network has closed a $12M Seed funding round
The funding was led by Archetype, Breyer Capital, with participation from a16z Startup Accelerator, Finality Capital and Bodhi Ventures. Opacity is a data verification network using zero-knowledge proofs, enabling users to verify information without revealing details.
👉 x.com/OpacityNetwork/status/1846239543403688030
Towns has rolled out its on-chain messaging platform
Towns aims to give users “full ownership and control of data” while also ensuring transparency. It resembles other messaging apps like Discord and Slack but is hosted on a blockchain and uses the technology to let users create, own and manage their communities.
👉 x.com/townsxyz/status/1846167943471943908
Azra Games raised $42.7 million in a funding led by Pantera Capital
Other investors includes a16z crypto, a16z Games, and NFX. The funding brings Azra’s total funding to $68.3 million. Funds will be used to accelerate development of Project Legends mobile role-playing game. Azra is a blockchain-based game developer.
👉 venturebeat.com/games/azra-games-raises-42-7m-for-next-generation-mobile-rpg-with-web3-features
Blockstream closes $210 million financing to drive L2 growth and expand its BTC treasury
The funds will help to accelerate market adoption of its Layer 2 technologies, expand its mining business, and boost BTC treasury. Blockstream claims over $1.8B in assets, including stablecoins, tokenized bonds, and securities with 3,844 BTC locked on-chain.
👉 theblock.co/post/321074/blockstream-funding-layer-2-mining-bitcoin-treasury
SingularityDAO (SDAO) plans to merge with Cogito Finance (CGV) and SelfKey (KEY)
The new entity, dubbed Singularity Finance, will merge three projects' tokens into SFI, provide a Layer 2 for tokenizing assets like GPUs and offer AI-powered financial tools.
👉 coindesk.com/business/2024/10/15/singularitydao-plans-to-merge-with-cogito-finance-selfkey-to-form-ai-focused-layer-2/
MrBeast allegedly made $10M+ from crypto pump-and-dump
An investigation by on-chain analyst SomaXBT concluded that MrBeast-linked wallets made nearly $13 million on dumping a handful of tokens that were collectively bought - mostly over the course of 2021 - for potentially as little as $250K.
👉 x.com/somaxbt/status/1844718089478324309
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.40T (+1.38%)
BTC Price: $65,678 (+2.38%)
BTC Dominance: 54.2% (0.00%)
Fear & Greed Index: 65 (Greed)
Total Value Locked: $141B (+6.24%)
The biggest Fundraising Rounds conducted in the last 7 days
Projects that received the most funding are Ithaca ($20M), a Layer 2 blockchain developer, delta ($11M), a permissionless interoperable network of domains, and TON ($10M), a Layer 1 blockchain.
Solv Protocol raised $11 million to grow its $1.3 billion Bitcoin staking protocol
Investors in the round include Laser Digital, Blockchain Capital, Gumi Cryptos, OKX Ventures, and CMT Digital. SolvBTC product has over 20K BTC staked ($1.3B) deployed across 10 major blockchains. The round brings total funding to $25M at a $200M valuation.
👉 coindesk.com/business/2024/10/14/solv-raises-11m-to-grow-the-13b-bitcoin-staking-protocol
Off the Grid, by Gunzilla, nabs the #1 slot on Epic Games Store
Off The Grid brings next-gen cyberpunk F2P battle royale on major platforms. Users can now download, play, and stream the game in early access mode. Phase 1 includes the first wave of locations (Teardrop Island), weapons, and game modes (PVP and PVE).
👉 gameoffthegrid.com
Avalanche to repurchase AVAX sold to Terra's LFG in 2022 deal
While the Avalanche didn't announce the deal's financial terms, the current value of 1.97M AVAX is about $56M, a 44% decrease from the original $100M value. The agreement will be enacted pending approval from the court in charge of Terraform Labs' estate.
👉 theblock.co/post/320833/avalanche-foundation-to-repurchase-tokens-sold-to-terras-lfg-in-2022-deal-pending-court-approval
Gate Ventures unveiled a Move-based accelerator
The $20 million fund established by Gate Ventures, Movement Labs and Boon Ventures will invest in projects and accelerate the development of Move-based technologies. Movement Labs is building a network of Move-based blockchains.
👉 gate.io/announcements/article/39866