Parfin raised $10 million in the first round of its Series A funding
The round was led by ParaFi Capital, with participation from Framework Ventures, L4 Venture Builder, and Núclea. The funding brings the total raised amount to $38 million. Parfin is a crypto infrastructure company building an enterprise-grade blockchain.
👉 theblock.co/post/311159/parafi-capital-leads-10-million-series-parfin
Layer 1 dApps by the number of users growth in the last 30D
Among top performers are Lumiterra, an open-world survival crafting game, Arkana, a co-membership and loyalty platform, and Avalon Labs, the Hub for Bitcoin LSDFi and CeDeFi lending.
Sling Money closed a $15M Series A funding round
The funding was led by Union Square Ventures, Ribbit Capital, and Slow Ventures. Sling Money allows users to send money instantly across 50+ countries across Europe and Africa to other users, between their own accounts, or even to non-Sling users.
👉 sling.money/blog/sling-money-raises-15-million-series-a-to-transform-global-payments
Crypto Events Recap, August 13-14
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-august-13-14-2024
THE MOST POPULAR STAKING PROVIDERS BY THE NUMBER OF USERS
The ranking shows the number of unique on-chain delegators working across all supported networks. The most common featured assets are Osmosis, Cosmos, Celestia, Injective, Juno, Dymension, and SUI.
Data provided by stakingrewards.com
MANTRA (OM) launched a yield-bearing USDY pool in collab with Ondo Finance
Users can now gain exposure to the two RWA protocols, OM and ONDO. Participants in USDY's monthly liquidity pools will be rewarded with 888,888 OM. Users will be eligible to claim OM & ONDO using MANTRA Chain wallet address after Mainnet launch.
👉 x.com/MANTRA_Chain/status/1823294273460064654
Sahara AI announced the closure of $43 million Series A funding round
Binance Labs, Pantera Capital, and Polychain Capital led the Series A funding round. Other investors include Samsung Next, Matrix Partners, dao5, and Geekcartel. Sahara is a decentralized AI network that enables everyone to deploy autonomous AI.
👉 reuters.com/technology/artificial-intelligence/decentralized-ai-network-sahara-raises-fresh-capital
Clearpool (CPOOL) has been listed on Kraken exchange
Kraken has opened trading for EUR & USD markets on both Kraken and Kraken Pro. Clearpool is the first decentralized and dynamic marketplace for institutional unsecured capital, merging capital markets with blockchain technology.
👉 x.com/ClearpoolFin/status/1823387992654000261
Coinbase teased an upcoming launch of tokenized BTC - cbBTC
cbBTC could potentially allow for holding BTC on Ethereum and Layer 2 chains, acting as a source of liquidity for users and within Base L2. cbBTC will compete with Bitgo’s wrapped BTC, which is currently the largest tokenized product with over 9B market cap.
👉 theblock.co/post/311063/coinbase-teases-upcoming-launch-of-apparent-tokenized-bitcoin-named-cbbtc
Symbiotic launches its Devnet, with a Mainnet scheduled for Q3
Restaking protocol Symbiotic has launched its devnet on the Ethereum Holesky test network ahead of a planned Mainnet release later in Q3. Symbiotic allows users to deposit assets to secure third-party protocols, competing with EigenLayer.
👉 theblock.co/post/310451/eigenlayer-competitor-symbiotic-launches-devnet-mainnet-q3
Essential raised $11 million in a Series A funding round
The funding was led by Archetype with the participation of IOSG Ventures, Spartan Group, Mirana Ventures, Amber, Maven 11 and Big Brain Holdings among others. Essential is developing an intent-centric or declarative Layer 2 network as an Optimistic rollup.
👉 blog.essential.builders/announcing-essential-11m-series-a/
Aleph Zero (AZERO) launches its ZK-privacy EVM Layer 2 Mainnet
Aleph Zero EVM is a specialized Layer 2 that will bring EVM-compatible ZK-privacy and rely on the Aleph Zero WASM L1 as a Data Availability Layer. In the next releases, Aleph Zero will introduce MOST bridge and zkOS features.
👉 x.com/Aleph__Zero/status/1822988038340833584
Sharpe AI (SAI) announced the launch of Sharpe Season 1 Airdrop
The total airdrop allocation is 13% of the token supply (130,000,000 SAI), which will be divided across multiple seasons. The snapshot date for the Season 1 Airdrop is set for August 25th at 12 AM UTC. Sharpe AI is an institutional-grade crypto superApp.
👉 x.com/SharpeLabs/status/1822977434649608568
Gravity (G) to be listed on Coinbase on or after August 13th, 16:00 UTC
Coinbase began accepting inbound transfers of G. Gravity is a Layer 1 network that was designed and built as a settlement layer for user intents across any chain. G is the native token on Gravity and the utility token for both Gravity and the Galxe.
👉 x.com/CoinbaseAssets/status/1823024412783730701
CosmicFactions announced the upcoming launch of its MiniApp
MiniApp is set to revolutionize gaming on Telegram allowing developers to create 2D and 3D games with zero coding offering users a seamless in-chat gaming. CosmicFactions revolutionizes gaming with Web3 tech, Dream Weaver AI, and no-code tools.
👉 x.com/cosmic_factions/status/1822979825633513869
TNA Protocol (BN) is the first project on KuCoin GemPool
KuCoin users will be able to mine BN by staking KCS, USDT, USDC on August 15-18. Tokens Allocated 8.33M BN. TNA Protocol serves as the universal naming and data availability (DA) layer for Bitcoin.
👉 kucoin.com/announcement/en-introducing-tna-bn-on-kucoin-gempool
XION has introduced XION Foundation and XION token
XION Foundation supports teams building open-source dApps within the ecosystem, and its primary aim is to ensure that Web3 is universally accessible through XION. Moreover, XION introduced $XION, the utility token powering the XION Proof-of-Stake network.
👉 xion.burnt.com/blog/xion-foundation-introduction
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.15T (-3.59%)
BTC Price: $57,983 (-4.76%)
BTC Dominance: 53.3% (-0.50%)
Fear & Greed Index: 29 (Fear)
Total Value Locked: $131B (-2.98%)
TON Foundation alumni raised $40 million to launch TON Ventures
Two former TON Foundation members, Ian Wittkopp and Inal Kardan, have launched TON Ventures, a for-profit venture capital firm, with an inaugural fund of $40 million. TON Ventures will invest in early-stage projects within the TON ecosystem.
👉 theblock.co/post/311103/ton-foundation-alumni-40-million-fund-ton-ventures
MetaMask announces the pilot launch of Mastercard-powered crypto debit card
The MetaMask Card is first available in a pilot phase to a few thousand users in the EU and UK, with a wider release expected later this year. Users will be able to make purchases directly with their USDC, USDT and wETH assets held on the Linea network.
👉 theblock.co/post/311139/metamask-card-baanx-mastercard
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
Kelp DAO (KEP) has launched Gain Vault Program
The initial offering of the program is the Airdrop Gain Vault. It focuses on simplifying participation in airdrop opportunities across various L2 protocols. Users can deposit assets like ETH or rsETH, which are then bridged to partner L2s to enhance airdrop potential.
👉 x.com/KelpDAO/status/1823365135093969334
Top-15 Total Value Locked (TVL) gainers in the last 30 days
Among the top performers are Astherus, a liquidity hub for staked assets such as LSTs and LRTs, Joe V2, a decentralized exchange based on Liquidity Book, and Beethoven X DEX, the first next-generation AMM protocol on Fantom.
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.23T (+2.24%)
BTC Price: $60,833 (+2.58%)
BTC Dominance: 53.8% (+0.20%)
Fear & Greed Index: 30 (Fear)
Total Value Locked: $135B (+2.37%)
Web Traffic Spotlight in July: Decentralized Exchanges
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
Toncoin (TON) will be the 56th project on Binance Launchpool!
Users will be able to stake BNB and FDUSD tokens into separate pools to farm TON tokens over 20 days, with farming starting on August 15th at 0:00 UTC. Launchpool Hard Cap is 7,650,000 TON (~$48,7M). Super Earn Hard Cap is 1,350,000 TON.
👉 binance.com/en/support/announcement/introducing-toncoin-ton-on-binance-launchpool-and-super-earn-farm-ton
Apeiron (APRS) launched early PVE access for planet NFT holders
Users who complete runs before August 22 will receive rewards, including Booty Hours and rare potions. The top 100 players will also receive a special Apostle NFT item. Apeiron is the NFT-based P2E game, that features God Game and RPG battle modes.
👉 x.com/ApeironNFT/status/1822963656042438859
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.18T (+1.23%)
BTC Price: $59,136 (+0.39%)
BTC Dominance: 53.6% (-0.20%)
Fear & Greed Index: 31 (Fear)
Total Value Locked: $132B (+3.42%)