Bitlayer launched 2nd season of Mining Gala with $1.2 million BTR rewards pool
The Mining Gala Season 2 is now live on OKX Cryptopedia in collab with Zearn, Macaron, Anome, Vanilla Finance, Avalon Finance, GamerBoom, and with $1.2 million worth in the BTR rewards pool. Bitlayer is a Bitcoin security-equivalent Layer 2 based on BitVM.
👉 https://x.com/BitlayerLabs/status/1806137123927687546
Starknet (STRK) has introduced its updated roadmap
Starknet roadmap is fully focused on UX improvement slated to improve transaction finality and TPS capacity. The team aims to make transactions faster without any additional cost, provide a better developer experience, and increase the congestion threshold.
👉 x.com/Starknet/status/1805855206393233752
Ora has closed a $20M Series A funding round
The funding was backed by Polychain Capital, Hashkey Capital, SevenX Ventures and HFO. Previously, it raised $3M in pre-seed round led by HongShan (ex-Sequoia China). ORA is the verifiable oracle protocol that brings AI and complex compute onchain.
👉 x.com/OraProtocol/status/1805981228329513260
Crypto Events Recap, June 25-26
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-june-25-26-2024
Covalent (CQT) raised $5M in a strategic funding round
The funding was led by RockTree Capital with Moonrock Capital, CMCC Global, and Double Peak Group participating. Previously, Artur Hayes joined Covalent as advisor to help it to become the leading data infrastructure startup within the Ethereum ecosystem.
👉 theblock.co/post/301902/blockchain-data-infrastructure-firm-covalent-raises-5-million-in-strategic-funding
Vitalik introduced a company named Rarimo, based in Kyiv, Ukraine
Rarimo developed a “Freedom Tool,” which uses zero-knowledge proof tech to allow people to prove their citizenship and participate in voting without revealing identities. This system ensures that the results are tamper-proof and visible.
👉 cryptoslate.com/buterin-argues-for-blockchain-as-defense-against-efficiency-of-authoritarian-regimes/
Top-15 tokens by Current ROI launched in Q2 2024
Among the top performers are Donato Creator Token, the creator token for the Donato (YouTuber with 40M subs), Lista, the liquidity protocol for earning yields and borrowing of decentralized lisUSD, and TARS Protocol, an AI-driven, scalable Web3 infrastructure.
Crossover Markets raises $12M Series A Funding Round
Illuminate Financial and DRW Venture Capital led the financial round. Other investors include Flow Traders, Laser Digital, Two Sigma, and others. Crossover Markets provides an advanced trading platform with ultra-low-latency and high throughput capabilities.
👉 x.com/crossover_mkts/status/1805859803392004534
Conduit has closed a $37M Series A funding round
The funding was led by Paradigm and Haun Ventures with Bankless Ventures, Coinbase Ventures, Robot Ventures, and Credibly Neutral participating. Conduit is an infrastructure platform offering users to deploy production grade OP Chains in minutes with zero operations.
👉 x.com/KAndrewHuang/status/1805632313759514783
Plume Network launches the first season of its Testnet Campaign
During the campaign, users will be able to create Plume Passports and earn Plume Miles with additional multipliers, rewards, sweepstakes, and more to be announced later. Users can mint one of Plume Goon NFTs exclusively via CryptoDiffer invite link.
👉 plumenetwork/join-the-plume-goon-adventure-68a58c72d8d0">medium.com/@plumenetwork/join-the-plume-goon-adventure
Clearpool (CPOOL) announced an integration with Synnax Technologies
Synnax will provide predictive credit intelligence, including financial ratios, default probabilities, company status predictions, and credit signals for Clearpool lenders. Clearpool is the leading decentralized finance credit marketplace.
👉 x.com/ClearpoolFin/status/1805587212664467806
Solana Foundation released new tool, dubbed "Actions"
Actions tool enables its users to turn websites, apps, social media platforms and QR codes into launching points for crypto transactions on the Solana blockchain. The foundation also introduced “blinks” — a portmanteau of blockchain and links.
👉 theblock.co/post/301693/solana-foundation-targets-turning-any-website-or-app-into-starting-point-for-crypto-transactions
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.
Bondex (BDXN) initial listing has been rescheduled to July 10th
For a limited time, Bondex is offering Coinlist purchasers an opportunity to earn up to 205% APY in rewards by locking tokens before the initial listing. 30 days - 65% APY. 60 days - 112% APY. 90 days - 205% APY. Bondex is a Web3 Professional network.
👉 cform.coinlist.co/forms/29bf83d3-a1bb-440f-b465-f1fd652f5ce5
RunesTerminal (RUNI) will hold its initial listing on Gate
RUNI trading will start on June 26th, 8:00 UTC. To celebrate the listing, Gate will airdrop 42,328 RUNI to users. Initial price is 1 RUNI = $0.95. Initial Valuation is $19.8M. Runes Terminal is the launchpad supporting the new Bitcoin token standard, Runes.
👉 gate.io/announcements/article/37384
Zeta Markets unveiled its native token ZEX along with airdrop distribution
Solana-based DEX Zeta Markets launched its native ZEX token and opened an airdrop claim portal. The airdrop comprises 100 million ZEX tokens (10% of the total supply). In May, Zeta Markets raised $5 million in a strategic funding round led by Electric Capital.
👉 theblock.co/post/302203/solana-dex-zeta-markets-zex-token-airdrop
XION announced the launch of Chain Abstraction to Neutron
The integration enables users to interact with apps across both ecosystems without the need to grapple with the complexities typically associated with Web3. XION is the Layer 1 purpose-built for mainstream adoption through Generalized Abstraction.
👉 x.com/burnt_xion/status/1805995546848514394
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.37T (-1.38%)
BTC Price: $60,710 (-1.34%)
BTC Dominance: 50.6% (--0.10%)
Fear & Greed Index: 40 (Fear)
Total Value Locked: $153B (-1.46%)
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
TeleportDAO (TST) to be initially listed on Kucoin, Gate, and Bitget
The TST trading starts on June 27th at 8:00 AM UTC. Deposits are now live. Initial Circulating Supply is 130.4M TST (13% of Total Supply). TeleportDAO is a light-client bridge connecting Bitcoin to Bitcoin L2s and EVM chains, allowing EVM dApps to utilize BTC data.
👉 kucoin.com/announcement/en-teleport-system-token-tst-gets-listed-on-kucoin-world-premiere
Blast (BLAST) initial listing to take place on major exchanges on June 26th, 14:00 UTC
Bybit, KuCoin, UPbit, Gate, HTX, Bitget, and MEXC Global have already announced the listing. Total BLAST supply is 100B tokens with 50% allocated to community. Blast is an Ethereum Layer 2 with native yield for ETH and stablecoins.
👉 x.com/Blast_L2/status/1805630569830924310
Sophon (SOPH) announced the launch of new farming pools
Among them are Zentry (stZENT), ether.fі (ETH, wETH, eETH & weETH), Lido (ETH, wETH, stETH, wstETH). 10% of the total SOPH supply will be designated as rewards. Sophon is a community-driven ecosystem leveraging zkSync's Hyperchain technology.
👉 x.com/sophon/status/1805619105170412014
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.39T (+1.15%)
BTC Price: $61,438 (+0.88%)
BTC Dominance: 50.7% (+0.10%)
Fear & Greed Index: 46 (Neutral)
Total Value Locked: $155B (+0.37%)
Solana accelerator Colosseum raised $60 million for its first fund
Colosseum raised $60 million for its first “oversubscribed” fund to back early-stage startups in the Solana ecosystem. Colosseum’s accelerator is a six-week, online program for hackathon winners to become embedded in the Solana ecosystem.
👉 theblock.co/post/301795/solana-accelerator-colosseum-first-fund
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.
STATE OF THE STAKING
According to StakingRewards, the Staking Market Cap (the valuation of all projects with a staking mechanism) is currently at 299.97 Billion USD.
We have prepared the list of projects sorted by the USD value of the staked tokens. The list shows the Top 5: Ethereum, Solana, Cardano, Sui, and Avalanche.
XOXNO Network to conduct its token sale on X Launchpad
EGLD Staking and KYC phase is live until July 1st. Based on the staked amounts, the user will be assigned one of the following tiers (from Tier 1 to Tier 5). XOXNO sale price - $0.07. Sale Hard Cap - $875K. XOXNO is an NFT Marketplace on MultiversX.
👉 xlaunchpad.com/xoxno
Defunct exchange Mt. Gox to begin repayments in July
The repayments will be made in BTC and BCH. In early 2014, hackers attacked the exchange, resulting in the loss of an estimated 740K BTC ($15B at a current rate). Mt. Gox was the world’s top exchange, handling over 70% of all BTC transactions in its early years.
👉 coindesk.com/markets/2024/06/24/mt-gox-to-begin-bitcoin-bitcoin-cash-repayments-in-july/
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.36T (-0.91%)
BTC Price: $60,796 (-2.42%)
BTC Dominance: 50.6% (-1.00%)
Fear & Greed Index: 30 (Fear)
Total Value Locked: $154B (-0.21%)