Crypto Events Recap, June 4-5
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-june-4-5-2024
M^0 network has closed a $35M Series A funding round
The funding goes along with the deployment of its on-chain protocol that allows multiple minters to issue a fully fungible cryptodollar called M atop Ethereum. The round was led by Bain Capital and saw the participation from Galaxy Ventures, Wintermute, and GSR.
👉 fortune.com/crypto/2024/06/05/bain-capital-leads-35-million-series-a-for-m0-a-network-for-minting-digital-dollars/
GoPlus has raised $10 million to build permissionless security layer
Among the private round participants are OKX Ventures, HashKey Capital, Animoca Brands, Fenbushi Capital, Web3Port, Redpoint, Quantstamp, Undefined Labs, and others. GoPlus is a modular security layer that can be integrated with any blockchain.
👉 x.com/GoPlusSecurity/status/1798314758614986814
Cross The Ages (CTA) introduced the ReVerse, its RWA solution
The ReVerse builds a bridge between the virtual Cross The Ages world and the real one. The solution will help users acquire ownership of real and virtual assets and generate more profits. Cross The Ages is a collectible card game built on Immutable X.
👉 x.com/CrossTheAges/status/1798004507777073419
Taiko (TAIKO) will hold its initial listing on June 5th, 13:00 UTC
Bybit, KuCoin, Bitget, Gate, MEXC Global, and Bitfinex have already announced TAIKO's listing. Initial Valuation is $2 billion. Taiko is an open-source, permissionless, Ethereum-equivalent ZK-Rollup. Previously, it raised $15M from Lightspeed, Hashed, and others.
👉 x.com/Bybit_Official/status/1797946401554350501
Creator.Bid launches the Knowledge Base Agents
Knowledge Base Agents provide AI Creator Agents with verifiable data about the Web3 brands solving problems like training data limitations and lack of updated info. Creator.Bid is the hub for the AI creator economy, allowing everyone to create and co-own AI Agents.
👉 medium.com/@creator.bid/scale-brand-aligned-user-generated-content-with-knowledge-base-agents-d3190e98cfbf
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.78T (+3.03%)
BTC Price: $71,043 (+2.88%)
BTC Dominance: 50.4% (0.00%)
Fear & Greed Index: 75 (Greed)
Total Value Locked: $177B (+2.31%)
BounceBit (BB) has announced a partnership with Ethena (ENA)
Users can now stake BBUSD to earn sUSDE yield, BB rewards, and 5x sats per day towards Ethena’s ongoing sats campaign. BounceBit is an EVM-compatible Layer 1 BTC restaking chain.
👉 x.com/bounce_bit/status/1797954350788268135
Avail has raised $43 million in the Series A funding round
The Series A round was co-led by Founders Fund, Dragonfly, and Cyber Fund. Other investors include SevenX, Figment, Nomad Capital, Foresight Ventures, Hashkey Capital, and others. Avail is a modular infrastructure layer.
👉 https://x.com/AvailProject/status/1797978214284808610
Top-15 Blockchain Dapps by Users growth in the last 30 days
Among the top performers are UXLINK, a blockchain based social system, BoomLand, a fun-first Web3 Mobile Gaming Publisher, and Yomi Block Puzzle, a free-to-play classic block puzzle game.
Sharpe AI (SAI) announced the launch of Sharpe NFT data
Sharpe NFT data is a comprehensive terminal for advanced NFT data featuring insights on floor price changes, historical trends, volume trends and much more. Sharpe is an institutional-grade crypto App, serving as a unified frontend for intelligence, tracking and investing.
👉 x.com/SharpeLabs/status/1797575537084322063
Ultiverse (ULTI) to be initially listed on OKX, Bybit, and Bitget
The ULTI trading will go live on OKX, Bybit, and Bitget on June 6th, 10:00 AM UTC. Valuation of the last round is $150M. Withdrawals go live in 24+ hours after the listing. Ultiverse is an AI-driven gaming production and publishing platform.
👉 x.com/UltiverseDAO/status/1797582726205423690
Crypto Events Recap, June 1-3
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-june-1-3-2024
zkLink (ZKL) has unveiled Genesis NovaDrop Round One
Users can check eligibility if they are NovaPoints, Nova Lynks NFT, or Loyalty Points holders. 5% of the total supply (50M ZKL) has been allocated for NovaDrop Round One. Eligible users will have 4 months to claim their ZKL once the claim window is open.
👉 x.com/zkLink_Official/status/1796656176022884810
Kyber Network (KNC) unveiled its roadmap for 2024-25
The roadmap features multiple updates for KyberSwap API, Website, and KyberDAO (KNC). Kyber Network is a multi-chain liquidity hub that powers KyberSwap DEX. Current Diluted Valuation is $164M.
👉 blog.kyberswap.com/kyber-network-product-roadmap-2024-2025/
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
Top-15 Market Capitalization Gainers in the last 30 days
Among the top performers are Turbo, a meme coin featuring our futuristic toad mascot, Aevo, a high-performance derivatives DEX, and Zentry, a gaming universe that extends beyond a typical DAO.
Plume Network teases its upcoming incentivized Testnet
Participants will be able to complete various tasks and earn PLUME miles to boost their Plume Passport and earn user classes. Users can fill out the form to get early access to the Plume platform. Plume is a modular L2 designed for onboarding RWA projects.
👉 x.com/plumenetwork/status/1798151422430822878
Carv (CARV) launched the Public phase of its Node Sale
There are a total of 40 tiers available for purchase. Users can purchase nodes using wETH on Arbitrum. 25% of future CARV’s rewards will be allocated to node verifiers. CARV is building the modular data layer for gaming and AI.
👉 verifier.carv.io/?code=62I4FT
Cookie3 (COOKIE) closed a $5.5M funding round
The funding was co-led by The Spartan Group, Animoca Brands, with participation from CMT Digital, GSR, ChainGPT, Hartmann Capital, Castrum Capital, Baboon VC, and Orange DAO among others.
Cookie3 is building a set of MarketingFi platforms and Web3 AI marketing solutions that connect projects with the right audiences, creating profitable opportunities for both.
👉 cookie3.com/blog/cookie-token-launch
Fhenix raised $15 million in the Series A funding round
The Series A round was led by Hack VC. Among other investors are Dao5, Amber Group, Primitive Ventures, GSR, Collider Ventures, and Stake Capital. This round brings Fhenix's total funding to $22 million. Fhenix is an Ethereum L2 focused on data confidentiality.
👉 theblock.co/post/298443/ethereum-layer-2-fhenix-confidentiality-series-a-funding-testnet
Sidus Heroes (SIDUS) has received an investment from DWF Labs
The raised amount has not been disclosed. The investment will enhance Sidus’s ecosystem, and help to focus on development, market presence, and project growth. Sidus is a Web3 frontrunner that leverages blockchain to create a space-gaming Metaverse.
👉 x.com/galaxy_sidus/status/1797629559401066792
Kelp DAO (KEP) has launched Restake Rally rewards program
Launched in celebration of surpassing $1B in TVL, Restake Rally is a limited-time rewards program for rsETH restakers will last till June 16. For every rsETH minted, users get $20 in rewards and a 1.5x boost on Kelp Miles. Kelp DAO is an Ethereum liquid restaking platform.
👉 x.com/KelpDAO/status/1797636959286026621
Connext (NEXT) announced its rebranding to Everclear
Everclear is developing a “clearing layer” for intent-based bridges, which tackles challenges associated with the rebalancing and settlement of intents. The project has also sold $5M in NEXT tokens to Pantera Capital through an OTC deal to support development.
👉 theblock.co/post/298044/connext-rebrands-to-everclear-raises-5-million-from-pantera-to-develop-a-clearing-layer
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.70T (-0.23%)
BTC Price: $69,048 (-0.34%)
BTC Dominance: 50.4% (+0.20%)
Fear & Greed Index: 73 (Greed)
Total Value Locked: $173B (-1.24%)
The biggest Fundraising Rounds conducted in the last 7 Days
Projects that received the most funding are Babylon ($70M), a Bitcoin staking protocol, Chainge ($13M), a cross-chain liquidity aggregator app, and Neynar ($11M), a Farcaster development tool.
Aark (AARK) to conduct its IDO on Ape Terminal
Subscription period is live until June 6th, 5:00 UTC. IDO price is $0.035. IDO Hardcap is $350K. Initial Market Cap is $2.43M. Diluted Valuation is $50M. Aark is a 1000x Perpetual DEX, powered by LST and LRT liquidity on Arbitrum Network.
👉 x.com/Aark_Digital/status/1796583672025600376
Binance to delist OMG, WAVES, WNXM and XEM on June 17
OmiseGO (OMG), Waves (WAVES), Wrapped NXM (WNXM) and NEM (XEM) trading will be ceased on June 17, 3:00 UTC. Users will be able to withdraw assets until September 17. The prices of the respective tokens were hit significantly by the news.
👉 binance.com/en/support/announcement/binance-will-delist-omg-waves-wnxm-xem-on-2024-06-17