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
Bitcoin restaking platform SatLayer raised $8 million in Pre-Seed funding
Pre-seed funding round was co-led by Hack VC and Castle Island Ventures. Among other participants are Franklin Templeton, OKX Ventures, Mirana VC, Amber Group, Big Brain Holdings, and CMS Holdings. SatLayer is a BTC restaking platform built on Babylon.
👉 theblock.co/post/312646/bitcoin-restaking-platform-satlayer-funding
Grayscale unveiled an investment trust for Avalanche's AVAX token
Grayscale Investments has expanded its portfolio of crypto investment products and launched the Grayscale Avalanche AVAX Trust. Previously, Grayscale extended its product line by introducing Bittensor, Sui, Near, and Stacks new trusts.
👉 theblock.co/post/312561/grayscale-avalanche-trust
Layer 2 dApps by the number of users growth in the last 30D
Among top performers are SERAPH, a PC and mobile game with loot-based gameplay, Moonveil, a gamer-first ecosystem, and CARV, a modular data layer for monetizing gaming and AI.
Nym (NYM) has launched its VPN app in beta
NymVPN’s registration process leverages ZK cryptography, a way of validating info without revealing data, meaning users can sign up without disclosing their identities. Nym is a decentralized and permissionless infrastructure for privacy-preserving apps.
👉 nymvpn.com/en/blog/nymvpn-free-beta-testing
Crypto Events Recap, August 20-21
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-august-20-21-2024
Xterio unveiled the XTER TGE, Points dashboard, and NFT rewards
In the coming weeks, Xterio will roll out a points dashboard with the ability to track all Xterio ecosystem points earned across events like Meet your Anima, Arena, Forge, and more. Xterio offers a free-to-play gaming platform and a GameFi-as-a-service product.
👉 x.com/XterioGames/status/1825936463923753453
Story Protocol raised $80 million in the Series B funding round led by A16z Crypto
Among other investors Polychain Capital, Stability AI's SVP and board member Scott Trowbridge, K11 founder and billionaire Adrian Cheng, and digital art collector Cozomo de' Medici. Story is a Layer 1 blockchain designed to tokenize intellectual property.
👉 theblock.co/post/312349/a16z-crypto-story-protocol-series-b-layer-1-ip-blockchain
Sorella Labs has raised $7.5M in a seed funding round
The funding round for a crypto startup was led by Paradigm with the participation of Uniswap Ventures, Bankless Ventures, Robot Ventures and Nascent. Sorella Labs is developing tools to tackle Ethereum's maximum extractable value issue.
👉 theblock.co/post/312222/paradigm-sorella-labs-ethereum-mev-problem
Dogs (DOGS) will be the 57th project on Binance Launchpool!
Users will be able to stake BNB and FDUSD tokens into separate pools to farm DOGS tokens over 3 days, with farming starting on August 23rd at 0:00 UTC. Launchpool Hard Cap is 22B DOGS (4% of supply). The initial Circ. Supply is 517B DOGS (93.95% of supply).
👉 binance.com/en/support/announcement/introducing-dogs
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.
Galxe (G) launches the Alpha Mainnet of its Layer 1 Gravity chain
The launch of the Alpha Mainnet will bring all of Galxe’s products – including Quest, Compass, Passport, and the Galxe Identity Protocol – on the chain. The fully operational Gravity Mainnet launch is currently set to take place in Q2 2025.
👉 theblock.co/post/311762/galxe-launches-alpha-mainnet-of-its-layer-1-gravity-chain
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
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.27T (+0.24%)
BTC Price: $61,223 (+0.31%)
BTC Dominance: 53.3% (-0.30%)
Fear & Greed Index: 34 (Fear)
Total Value Locked: $137B (+1.92%)
Magic Eden revealed its ME token, claimable through its wallet
The planned “NFT” token will be called ME instead, and the ME Foundation is gearing up to launch it via the Magic Eden Wallet. Previously, Magic Eden announced its plans to launch an NFT token in alliance with a no-name organization called Non-Fungible DAO.
👉 decrypt.co/245948/magic-eden-me-token-claimed-through-wallet
Apeiron (APRS) launches its Beta Playtest today on August 22
Along with the Beta Playtest, Apeiron has released updated roadmap, outlining major milestones for the project that will eventually lead to its mobile release. Apeiron is the NFT-based P2E game, that features God Game and RPG battle modes.
👉 blog.apeironnft.com/p/beta-playtest-hype-pve-pvp-leaderboards
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.24T (+1.24%)
BTC Price: $60,841 (+2.92%)
BTC Dominance: 53.6% (+0.10%)
Fear & Greed Index: 39 (Fear)
Total Value Locked: $135B (+1.92%)
Lumia (ORN) closes its Strategic funding round led by Laser Digital
Other investors in the funding round include DWF Labs and TRGC. The round was composed of a mix of LUMIA tokens and nodes from Lumia’s HyperNodes sale. Lumia (formerly Orion Protocol) is a modular hyper-liquid restake rollup L2 for Real-World Assets.
👉 x.com/BuildOnLumia/status/1824098743819419772
STATE OF THE STAKING
According to StakingRewards, the Staking Market Cap (the valuation of all projects with a staking mechanism) is currently at 344.7 Billion USD. An overview includes all staking assets, including PoS, Liquid Staking, Restaking, and DeFi Staking.
We have prepared the list of projects sorted by the USD value of the staked tokens. The list shows the Top 5: Ethereum, Solana, Lido Staked Ether, Wrapped stETH, and Cardano.
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
Across Protocol (ACX) to be listed on Coinbase on August 21st
Coinbase began accepting inbound transfers of ACX. Across (ACX) token trading will commence on or after August 21st, 16:00 UTC, if liquidity conditions are met. Across Protocol is a cross-chain bridge designed for fast, secure interoperability between blockchains.
👉 x.com/CoinbaseAssets/status/1825924046753575020
Status partners with Linea to launch its own Layer 2 rollup
Together, they are developing a Layer 2 that will operate alongside Linea’s zkEVM blockchain, known as the Status Network. Status’s team will also support the ongoing engineering work on Linea, focusing on diversifying client, prover support and interoperability.
👉 x.com/ethstatus/status/1825869751878337020
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.19T (-2.67%)
BTC Price: $59,420 (-2.24%)
BTC Dominance: 53.5% (-0.20%)
Fear & Greed Index: 26 (Fear)
Total Value Locked: $133B (-2.04%)
Corn received an investment from Binance Labs to simplify Bitcoin use in DeFi
Corn is an Ethereum Layer 2 network focused on establishing a decentralized finance (DeFi) hub for Bitcoin. Corn has introduced BTCN, a hybrid tokenized Bitcoin that incorporates multiple custodians, smart contracts, and bridging protocols.
👉 binance.com/en/blog/ecosystem/binance-labs-invests-in-corn-to-simplify-bitcoins-use-in-decentralized-finance
Clearpool (CPOOL) unveiled an Ozean Layer 2 based on OP Stack
Ozean is an Layer 2 blockchain for RWA yield, based on OP Stack and developed using Caldera’s rollup-as-a-service platform. Ozean revolutionizes DeFi by integrating RWAs and enabling users to earn yield on-chain alongside a new, innovative staking mechanism.
👉 theblock.co/post/312024/clearpool-develops-caldera-powered-layer-2-chain-within-optimism-ecosystem