OpenSocial Protocol raised $6 million in a Strategic funding round
The funding round was led by Framework Ventures and North Island Ventures. Other investors include Moonrock Capital, Chorus One, Hivemind Capital, Stratos, HV Capital, Panga Capital, Aspen Digital. OpenSocial is a protocol for building Web3 social apps.
👉 theblock.co/post/307335/opensocial-protocol-raises-6-million-in-funding
Caldera has closed a $15M Series A funding round
The funding was led by Founders Fund with Dragonfly, Sequoia, Arkstream Capital, TrueBridge Capital and Lattice participating. Caldera is a rollup deployment platform that enables the launch of high-performance, customizable, application-specific rollups.
👉 caldera.xyz/blog/caldera-announces-series-a-to-build-the-metalayer
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.43T (-3.64%)
BTC Price: $64,194 (-28.2%)
BTC Dominance: 52.3% (+0.60%)
Fear & Greed Index: 68 (Greed)
Total Value Locked: $153B (-4.87%)
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 ETH, Wrapped stETH, and Cardano.
Matr1x (MAX) launches via OKX Jumpstart on July 29
Users can now stake BTC (Max. 0.3) and ETH (Max. 3.5) to mine MAX. The project allocated 20M MAX for mining equally into two pools. Mining period starts on July 29, 6:00 UTC. MATR1X is a platform combining gaming, AI, Esports, and blockchain infrastructure.
👉 x.com/okx/status/1815945269160079660
COTI (COTI) partners with the Bank of Israel on a CBDC project
As the selected blockchain, COTI will bring its expertise to bear on the design, use, and implementation of functionalities and ways to build an ecosystem around CBDC. COTI’s privacy-focused L2 offers advanced features to hold and securely transact with CBDCs.
👉 medium.com/cotinetwork/coti-chosen-to-participate-in-central-bank-of-israels-cbdc-project-ce94d5743431
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.
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.52T (-1.34%)
BTC Price: $66,021 (-0.93%)
BTC Dominance: 51.7% (-0.10%)
Fear & Greed Index: 69 (Greed)
Total Value Locked: $162B (+0.24%)
SingularityNET (ASI) to invest $53M in modular supercomputer and AI infrastructure
The supercomputer will optimize the training of deep neural networks (DNNs), large language models (LLMs), and hybrid neural-symbolic computing architectures. The infrastructure will enable a major shift toward AGI continuous learning in high-load scenarios.
👉 cointelegraph.com/news/singularitynet-invest-53-million-ai-infrastructure-modular-supercomputer
Blocklords (LRDS) will hold its listing on exchanges on July 24
LRDS trading goes live on Kucoin, Gate, and MEXC on July 24th at 1:00 PM UTC. Blocklords also launched via Gate Startup and MEXC Kickstarter. The subscription period is now live. Blocklords is a player-driven MMO with integrated GameFi activities.
👉 x.com/kucoincom/status/1815690434397774130
Bitlayer (BTR) launched the Racer Center on its website
Racer Center offers engaging tasks and events, enabling users to upgrade their racing equipment, earn Bitlayer points, and unlock Bitlayer ecosystem benefits. Users can now visit the Racer Center and check the number of Bitlayer gems they have received.
👉 medium.com/@Bitlayer/bitlayer-racer-center-live-claim-your-gems-and-explore-bitlayer-points-dd161e21dcc7
Folks Finance has launched the Folks xChain Testnet
Users can now experience cross-chain lending protocol, xChain, on Avalanche, Base, and Ethereum, with Arbitrum, Optimism, and BNB following shortly after. Folks Finance is the cross-chain DeFi app offering a full suite of DeFi tools.
👉 folksfinance.medium.com/the-official-folks-finance-xchain-testnet-guide-0ffdc8353eca
Crypto Events Recap, July 20-22
$WRX $KIP $POPCAT $MOCA $KSU $OSMO $OKB $SAI $ZKL $BOXY
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-july-20-22-2024
NPC Labs raised $21 million in Pre-Seed & Seed funding rounds
Pantera Capital led the latest Seed round, worth $18M, following a recent $3M Pre-Seed round. Other investors include Makers Fund, Hashed, Collab+Currency, Sfermion, Mirana VC, Bitscale Capital, and Mantle EcoFund. NPC Labs is a Web3 gaming infrastructure startup co-founded by former Coinbase employees.
👉 theblock.co/post/306612/coinbase-alumni-web3-gaming-npc-labs-funding
Galaxy raised $113 million for its new venture fund
The fund will be used to invest in early-stage startups focused on crypto software, infrastructure and financial apps. Firm will continue to fund raise to meet $150M target. The Galaxy Ventures Fund I LP will seek to build a portfolio of approximately 30 investments.
👉 bloomberg.com/news/articles/2024-07-25/michael-novogratz-s-galaxy-raises-113-million-for-a-new-crypto-venture-fund
Mirada AI (MIRX) will hold its IDO on Poolz and Carbon Launchpad
MIRX IDO will go live on both platforms on August 5th. Token Price - $0.01. Diluted Valuation - $10M. Vesting - 15% at TGE. The token sale will be followed by CEX listings, on Aug 7th. Mirada AI is a platform for image generation, LLM chat, and AI-driven creative processes.
👉 x.com/Poolz__/status/1816107106426085595
Blocklords (LRDS) initial listing took place on major exchanges
LRDS token is now listed on Coinbase, KuCoin, Gate and MEXC Global. LRDS current price is $1.91. Current Diluted Valuation is $191M. Blocklords is a player-driven MMO medieval grand strategy game with GameFi activities, developed by MetaKing Studios.
👉 x.com/BLOCKLORDS/status/1816102176852193395
Crypto Events Recap, July 23-24
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-july-23-24-2024
Sharpe AI allocates 2.5M SAI in rewards via Aevo Airdrop program
The most active traders will receive 2.5M+ SAI tokens (~$550K) via Aevo Airdrop. SAI pre-launch is part of Aevo Airdrops program and one of the biggest Aevo airdrop reward pool. Sharpe AI is a unified platform for investing, intelligence, and automating digital assets.
👉 x.com/SharpeLabs/status/1815746887619633393
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
Igloo has closed an $11M Strategic funding round
The funding for Igloo, the firm behind Pudgy Penguins, was led by Founders Fund with the participation of Fenbushi, 1kx, Everest Ventures Group and Selini Capital. The company will use the funding to oversee and contribute to the development of the Abstract L2.
👉 x.com/IglooInc/status/1815797946819993811
Pluto Studio has received an investment from Binance Labs
Pluto Studio is the publisher of the Telegram mini-game Catizen. Catizen has grown its community to around 25M players and 1.5M on-chain gamers. The game has dominated the TON ecosystem, securing the top spot for three seasons of The Open League.
👉 binance.com/en/blog/ecosystem/binance-invests-in-pluto
Bitlayer (BTR) raised $11 million in the Series A funding round
Franklin Templeton, ABCDE, and Framework Ventures led the Series A funding round. Other investors include Stake Capital Group, WAGMI Ventures, Flow Traders, GSR Ventures, and FalconX. Bitlayer is a Bitcoin security-equivalent Layer 2 based on BitVM.
👉 theblock.co/post/306792/bitcoin-layer-2-bitlayer-funding-valuation
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.
Layer 2 dApps by the number of users growth in the last 30D
Among top performers are Blocklords, an MMO medieval strategy, Kreatorland, an NFT Marketplace & launchpad on ZKsync, and EtherStrike, a flagship shooter game of Zeus' gamified ecosystem.
Zircuit announced the closure of its Mainnet funding round
The funding participants include Binance Labs, Mirana, Nomad Capital, Amber, Selini, and Robot Ventures. Zircuit is a Layer 2 that introduces a novel approach to on-chain security, safeguarding users with sequencer-level security and built-in AI mechanisms.
👉 x.com/ZircuitL2/status/1815418476191686935
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.55T (-1.22%)
BTC Price: $66,923 (-0.37%)
BTC Dominance: 51.8% (+0.10%)
Fear & Greed Index: 71 (Greed)
Total Value Locked: $162B (-2.10%)
The biggest Fundraising Rounds conducted in the last 7 days
Projects that received the most funding are NPC Labs ($21M), a Web3 gaming infrastructure startup, Allium ($16.5M), an enterprise blockchain data platform, and Chainbase ($15M), a blockchain data network.
Binance has completed 28th BNB Quarterly Burning!
1,643,698 BNB (worth ~$971 million) has been burned!
👉 bnbchain.org/en/blog/28th-bnb-burn