Solana-based DePIN project Andrena raised $18 million led by Dragonfly Capital
Other investors in the round include CMT Digital, Castle Island Ventures, Wintermute, 6th Man Ventures, and ParaFi. The Series A extension round brings Andrena's total funding to $38 million.
Andrena is developing DAWN (decentralized autonomous wireless network) to offer decentralized internet services.
👉 theblock.co/post/309917/solana-depin-andrena-dawn-funding
Ronin (RON) returns $10M worth of ETH stolen yesterday
Ronin said that it was white hats and that Bug Bounty Program would reward them with a 500K bounty. Moreover, the bridge will undergo audit before it is reopened. Ronin's bridge with Ethereum was previously hacked for $600M in March 2022.
👉 x.com/Ronin_Network/status/1820846361945792751
India's exchange CoinDCX established a $6M investor protection fund
The investor protection fund is designed to "compensate users for losses incurred in extremely rare scenarios such as security breaches" and at the start, it will hold ~$6M. The decision comes in the wake of the $230 million hack suffered by WazirX last month.
👉 coindesk.com/policy/2024/08/06/post-wazirx-hack-indias-coindcx-starts-investor-protection-fund-with-6m/
Ubisoft announced the development of the Captain Laserhawk on Arbitrum
The game is developing in collab with Arbitrum Foundation along with Sequence, the crypto game development suite from Horizon. Features on Arbitrum would enable creators to provide community with a means to shape the story, gameplay, and side experiences.
👉 decrypt.co/243321/ubisoft-captain-laserhawk-game-ethereum-layer-2-arbitrum
Binance Labs unveiled 7 projects admitted into Incubation Program Season 7
Incubated projects include Astherus, Cycle Network, EigenExplorer, DILL, Aarc, FluxLayer, and TonTon Games. Teams will follow the two-month program with resources across Binance ecosystem & 1:1 mentorship.
👉 x.com/BinanceLabs/status/1820474883417280713
Justin Sun unveiled plans to launch a $1B fund to combat FUD
The future $1 billion fund will be focused on investments, liquidity provision, and combating fear (FUD) during volatile times. No more detailed plans were revealed. Justin Sun is a Chinese tech entrepreneur best known as the founder of Tron.
👉 x.com/justinsuntron/status/1820386648200245409
Zircuit (ZRC) launched Mainnet alongside ZRC token airdrop
The first phase enables users to bridge funds to the ZK rollup and test out dapps. Zircuit also kicked off its “Zircuit Mainnet Festival,” incentivizing users with ZRC tokens and rolled out the first stage of its ZRC token airdrop claims to reward early users.
👉 x.com/ZircuitL2/status/1820563304995254767
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.07T (+7.94%)
BTC Price: $55,952 (+6.12%)
BTC Dominance: 53.2% (-0.40%)
Fear & Greed Index: 17 (Extreme Fear)
Total Value Locked: $125B (+7.76%)
Crypto Events Recap, August 2-5
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-august-2-5-2024
Top-15 Artificial Intelligence (AI) Coins by Market Capitalization
These digital assets are in the front row of revolutionizing the crypto market by ushering in an era where transactions aren't just secure but smart, thanks to AI-driven smart contracts.
Liquidations by CEXs in the past 24 hours account for $1.06 billion!
In the past 24 hours, 278,253 traders were liquidated. The largest single liquidation happened on Huobi - BTC/USD valued at $27.0M.
Data source: coinglass.com
MAJOR UPCOMING EVENTS IN AUGUST!
A full list of Major Upcoming Events, to be updated
👉 https://cryptodiffer.com/events
Top NFT Collections by Market Cap
NFT Collection Market cap is equal to the floor price multiplied by the collection total NFTs supply.
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
Fantom (FTM) has been rebranded to Sonic Labs
Sonic Labs is set to release Sonic, an EVM platform, in Q4 2024. Sonic is expected to be a Layer 1 solution with more than 10,000 TPS and one-second transaction confirmation. The change from Fantom to Sonic Labs also entails the use of a new token, S, instead of FTM.
👉 x.com/0xSonicLabs/status/1819057799722414538
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 Projects by Daily Active Addresses (DAA) growth in the last 30 days
Daily Active Addresses is the number of distinct addresses that participated in a transfer for the given asset on any given day. Each address is counted only once for the day.
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.09T (+1.34%)
BTC Price: $56,715 (+1.68%)
BTC Dominance: 53.5% (+0.30%)
Fear & Greed Index: 29 (Fear)
Total Value Locked: $127B (+1.43%)
Top-15 Cross-Chain Bridges by volume in the last 30 days
A cross-chain bridge is a type of decentralized application that enables the transfer of assets from one blockchain to another.
Ronin Network (RON) bridge pauses amid a $9.8M suspicious outflow to MEV bot
The Ronin bridge has been paused while investigating a report from whitehats about a potential MEV exploit. The bridge currently secures more than $850M, which is “safe,” according to a Ronin co-founder. Ronin’s bridge was previously hacked for $600M in 2022.
👉 theblock.co/post/309707/ronin-bridge-pauses
Non-EVM dApps by the number of users in the last 30D
The infographic depicts the Top-12 Non-EVM 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.
CARV & Binance Web3 Wallet launched a joint promotion
To join the campaign that will last until Aug 26th, users need to join Binance Web3 platform and complete social quests such as Check-In Daily or Invite Friends. CARV is a data layer platform allowing Web3 gaming and AI companies to control and monetize their data.
👉 x.com/Web3WithBinance/status/1820429552860254215
The biggest Fundraising Rounds conducted in the last 7 days
Projects that received the most funding are Morpho ($50M), a DeFi lending protocol, Layer2 Financial ($10.7M), a cross-border payments infrastructure, and Daylight ($9M), a DePIN project focused on energy distribution.
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
Sharpe AI (SAI) rescheduled its listing to August 27th, 13:00 UTC
The listing was delayed due to current market conditions. Previously, Sharpe conducted IDO on Ape Terminal and AIT Launchpad. IDO price is $0.02. Initial market cap is $1.6M. Sharpe AI is a unified platform for investing, intelligence, and automating digital assets.
👉 x.com/SharpeLabs/status/1820353544471331033
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $1.94T (-13.4%)
BTC Price: $52,635 (-12.8%)
BTC Dominance: 53.6% (+0.20%)
Fear & Greed Index: 26 (Fear)
Total Value Locked: $116B (-17.7%)
Crypto Events Recap, August 1-2
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-august-1-2-2024
KIP Protocol (KIP) is now managing $10M to build the Open Campus University
The Open Campus University (OCU) is an AI-powered education platform to bring decentralized AI learning to the EDU Chain. Open Campus and Animoca brands will support the launch of OCU while the KIP token will be involved as a currency alongside EDU.
👉 x.com/KIPprotocol/status/1818532479084773517
Top-15 Blockchain Dapps by Users growth in the last 30 days
Among the top performers are Overtake, a platform for game builders where users play, build, and monetize, Yooldo, a gaming platform with innovative Anti-abuse and inflation-free tokenomics, and Contango, a perpetual DEX built through looping.
Sharpe AI (SAI) completed the integration of Coin98 Wallet
The integration comes right after Sharpe has joined IBM AI Startup Program. The project has also announced the upcoming launch of its SAI token on August 5th. Sharpe AI is a unified platform for investing, intelligence, and automating digital assets.
👉 x.com/SharpeLabs/status/1818922082106810658