Morpho Labs closed a $50M Strategic funding round
The funding was led by Ribbit Capital with a16z crypto, Coinbase Ventures, Variant, Pantera, Brevan Howard, Mirana Ventures and other participating. Morpho is a P2P protocol on Ethereum and Base L2 built to optimize lending pools like Aave and Compound.
👉 x.com/MorphoLabs/status/1819010855964479751
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.40T (-0.72%)
BTC Price: $64,356 (+0.12%)
BTC Dominance: 53.0% (+0.40%)
Fear & Greed Index: 57 (Greed)
Total Value Locked: $152B (-0.72%)
Layer2 Financial raised $10.7 million in a Series A funding round
The Series A funding was led by Galaxy Ventures with participation from Accomplice and Sapphire Ventures. Layer2 Financial building a cross-border payment infrastructure. Layer2’s customers include financial institutions, traditional and neobanks (Revolut, Monzo), enterprise organizations, and other payment companies.
👉 finance.yahoo.com/news/galaxy-ventures-leads-10-7-110000804.html
Aptos Foundation and OKX Ventures to launch $10M Growth Fund
The initiative aims to accelerate the growth of the Aptos ecosystem and promote the adoption of Web3 technologies. The fund will primarily support an accelerator program focusing on projects and applications built on the Aptos blockchain.
👉 decrypt.co/242710/aptos-foundation-and-okx-ventures-launch-10-million-growth-fund
Nakamoto Games launched its first mobile app, 8BallNext
8 Ball Next, now available on Google Play, is a pool game that offers an exciting gameplay, allowing users to challenge friends or players from around the globe. Nakamoto is a P2E gaming infrastructure that offers access to blockchain-based games.
👉 x.com/NakamotoGames/status/1818652565170798866
Mirada AI (MIRX) will hold its IDO on Ape Terminal on August 5th
The registration period is now live. Public sale price is 1 MIRX = 0.01. IDO Hard Cap is $250,000, with a 15% unlock at TGE followed by 1M cliff and 6M linear vesting. Fully Diluted Valuation is $10,000,000.
Mirada AI is a decentralized AI tool backed by Poolz Ventures and Carbon Ventures that offers image generation, face swap, animation, LLM chat, image upscaling, and more.
👉 apeterminal.io/project/mirada_ai
CoinList kicked off Enso Finance (ENSO) Community Auction
Enso is the first auction since 2020 on CoinList. It has already started and will last till Aug 7th, 17:00 UTC. 5M ENSO tokens allocated for auction. Minimum price is $1.50. Maximum price is $8.00. Enso is the Layer 1 powered by intent engine and chain abstraction.
👉 coinlist.co/enso
Crypto Events Recap, July 30-31
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-july-30-31-2024
Ethernity (ERN) launched the developer testnet of its Layer 2
Ethernity L2 brings Plug & Play Toolkit for brands to build next-gen Web3 apps on the Ethernity Chain spanning Web3 games, digital collectibles, RWAs, etc. The Ethernity Ecosystem will continue to be powered by the ERN for all future projects on the Ethernity L2.
👉 x.com/EthernityChain/status/1818641474365669426
QORPO (QORPO) launches closed beta of AneeMate on August 15
The AneeMate will be available exclusively for Genesis Zero holders and completed AneeMate Stickers book Vol. 1 & 2 participants. Users can download the game from the Epic Games Store on Aug 15. AneeMate is an open-world shooter with a Pokémon concept.
👉 x.com/playaneemate/status/1818326431153172605
Lava Network unveiled its Mainnet launch with a 55M LAVA airdrop
The First phase of the Mainnet launch will start with $2M in incentives to pay out to network participants with support from Filecoin, Starknet, Cosmos, Axelar, Near, and others. Lava is a modular data network providing access to any blockchain.
👉 theblock.co/post/308380/lava-network-launches-public-mainnet-and-airdrops-55-million-tokens
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
aPriori has received an investment from Binance Labs
aPriori is a project focused on Miner Extractable Value-powered liquid staking solutions on Monad, an Ethereum-compatible Layer 1 smart contract platform. Previously, it raised $10M in funding from Pantera Capital, Consensys, OKX Ventures and others.
👉 binance.com/en/blog/ecosystem/binance-labs-invests-in-apriori
Movement Labs has launched its public testnet, Parthenon
Parthenon launch was accompanied by a MoveDrop campaign and integration with Polygon’s AggLayer. Users can now join the testnet and start earning rewards. The testnet already attracted $160M TVL. Movement Labs is building a network of Move-based blockchains.
👉 x.com/movementlabsxyz/status/1818301050035781845
Sharpe AI (SAI) introduced the Onramp solution, powered by Onramper
The Sharpe Onramp aims to give users a better way to buy digital assets with their local currency using over 130 local payment methods, such as Apple Pay, credit card, or bank transfer.
👉 x.com/SharpeLabs/status/1817896419170140455
Aark Digital (AARK) has kicked off the Moon Listing Event
Users can now trade BOME, SOL, and XRP with 1000x leverage. Recently, Aark unveiled Reflective Market Maker (RMM) that mirrors the liquidity of CEXs, ensuring deep liquidity and minimizing slippage. Aark Digital is the leverage everything perpetual DEX.
👉 x.com/Aark_Digital/status/1818905843972403688
Top Fundraising Rounds conducted in July
Projects that received the most funding are Sentient ($85M), an open-source AI platform, Partior ($60M), a Bitcoin miner company, and ceτi AI ($60M), an Ethereum-based AI platform.
Plume Network launches a new task on Plume Testnet
Plume x Cultured is an RWA oracle prediction game where users can predict future prices of various assets, from forex and equities to crypto. With the new addition, users can experience more in-depth workings of future Plume’s RWA functionality.
👉 plumenetwork/a-task-for-every-goon-lympian-speculate-on-cultured-a6d84f9d9ab9">medium.com/@plumenetwork/a-task-for-every-goon-lympian-speculate-on-cultured
Top-15 Projects by Funds Raised launched in July
Among the biggest fundraisers are TimeCoin (ROI: 0.54x), a meme token on Solana, Dojo Protocol (ROI: 0.31x), a network designed for AI data monetization and GPU training, and WELL3 (ROI: 0.48x), a Social Gaming Platform.
Particle Network received an investment from Binance Labs
Particle is a modular Layer 1 that provides Chain Abstraction infrastructure to address liquidity and user fragmentation in a multi-chain world. The newly secured funds will be allocated to several key areas to drive Particle Network’s growth and success.
👉 binance.com/en/blog/ecosystem/binance-invests-in-particle
XION launches XionSpace, an AI-powered digital asset platform
XION's Chain Abstraction technology is the backbone of XionSpace, enabling the platform to onboard users from all audiences regardless of technical knowledge. XION is the Layer 1 purpose-built for mainstream adoption through Generalized Abstraction.
👉 x.com/burnt_xion/status/1818648965509697876
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.42T (-3.47%)
BTC Price: $64,401 (-2.81%)
BTC Dominance: 52.6% (+0.30%)
Fear & Greed Index: 52 (Neutral)
Total Value Locked: $153B (-4.13%)
Lympid (LYP) announced its public sale on Polkastarter
The sale details to be announced later. Sale price is 1 LYP = $0.12. Diluted Valuation is $12M. Lympid is a regulatory-compliant platform to issue and trade premium RWAs: Horses, Art, Luxury Watches, US Treasuries, Real Estate, and much more.
👉 x.com/lympid_official/status/1818649350794326379
Top-15 tokens by Price Bounce in July
Presenting the tokens that showed the most significant growth from their lows in the last 30 days.
SEC charges BitClout founder Nader Al-Naji with a $257 million fraud
The SEC charged Nader Al-Naji, a BitClout founder, now known as Decentralized Social or DeSo, with fraud and unregistered securities offering, claiming he used a pseudonymous identity to avoid regulatory scrutiny while he raised over $257M in crypto.
👉 techcrunch.com/2024/07/30/sec-charged-crypto-founder-bitclout-startup-backed-by-a16z-sequoia
Router Protocol (ROUTE) announced the launch of its own Layer-1 blockchain
The Router Chain will be focused on multi-chain dApps development. The network uses a proof-of-stake consensus mechanism based on the Tendermint framework. Furthermore, it utilizes ROUTE token for security, transaction fees, and governance.
👉 theblock.co/post/308245/coinbase-router-protocol-blockchain
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.50T (-0.79%)
BTC Price: $66,250 (-0.88%)
BTC Dominance: 52.3% (-0.10%)
Fear & Greed Index: 61 (Greed)
Total Value Locked: $159B (-0.34%)
Web Traffic Spotlight in June: Real World Assets (RWA) 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 NFT SALES CONDUCTED IN JULY
The Top NFT sales list includes CryptoPunks, Bored Ape Yacht Club, and Azuki collections. The most expensive NFT sale accounted for (130 ETH) ($373K)