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)
Layer3 (L3) conducted its listing on multiple exchanges
L3 is now listed on Bybit, Gate, KuCoin, Kraken, Uniswap, Bitget, and Cryptо.cоm. L3 current price is $0.0985. Current Diluted Valuation is $326M. Layer3 is the omnichain distribution and identity network.
👉 x.com/Layer3FDN/status/1818225064073986092
Stader (SD) to be listed on Coinbase on July 30th
Trading will begin on July 30th at or around 4:00 PM UTC if liquidity conditions are met. Stader Labs is a liquid staking platform for earnings liquid staking rewards across crypto tokens such as Ethereum, Polygon, BNB, and more.
👉 x.com/CoinbaseAssets/status/1818000320498118705
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.52T (-2.49%)
BTC Price: $66,838 (-3.56%)
BTC Dominance: 52.4% (-0.60%)
Fear & Greed Index: 67 (Greed)
Total Value Locked: $159B (-2.37%)
The biggest Fundraising Rounds conducted in the last 7 days
Projects that received the most funding are Block Mining Group ($92.5M), a Bitcoin miner company, Ceτi AI ($60M), an AI platform based on Ethereum, and NPC Labs ($21M), a Web3 gaming infrastructure startup.
5ireChain (5IRE) unveiled its Mainnet launch on August 15
Mainnet is set to go live on August 15. The Mainnet will feature an innovative sustainable consensus mechanism, a dual-chain architecture, hybrid dApp support, wallet extension, and more. 5ire is an L1 EVM-compatible smart contract platform.
👉 x.com/5ireChain/status/1816913079554441568
Top-15 Summer Price Gainers
Among the top performers are MUMU THE BULL, a meme token running on Solana, Undeads Games, a multiplayer MMORPG game, and Non-Playable Coin, the first meme-fungible token (MFT).
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.59T (+3.13%)
BTC Price: $69,530 (+3.18%)
BTC Dominance: 53.0% (+0.10%)
Fear & Greed Index: 74 (Greed)
Total Value Locked: $163B (+2.16%)
Crypto Events Recap, July 25-26
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-july-25-26-2024
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
Top-15 Total Value Locked (TVL) gainers in July
Among the top performers are Native Lend, a lending/borrowing service from crypto's invisible DEX layer, Pharaoh CL, an AMM designed to serve as Avalanche's central liquidity hub, and Convex Finance, a DeFi protocol built on top of Curve Finance.
Ta-da (TADA) has launched its app on IOS and Android
Users can sign up now and grab a share of a boosted $50K prize pool in mobile app, while the beta tester will share a $100K private beta airdrop based on XP. Ta-da is a "talk-to-earn" Web3 app connecting businesses who needs datasets for AI trainings with individuals.
👉 x.com/Ta_da_io/status/1817943387930050840
Victoria VR (VR) launched its first app for Apple Vision Pro
The application, dubbed HQ Office, offers a stunning environment of the high quarters in the VVR Tower allowing users to move freely wherever and whenever they want. Victoria VR is the first blockchain-based MMORPG in Virtual Reality, built on Unreal Engine.
👉 x.com/VictoriaVRcom/status/1816783206735098018
Crypto Events Recap, July 27-29
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-july-27-29-2024
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
Eclipse announced the launch of its Mainnet this week
Eclipse is an L2 solution that uses the Solana Virtual Machine to scale Ethereum. To enhance efficiency, the Eclipse adopts Solana’s execution environment, utilizing SVM and Sealevel. Previously, it secured $50M in a Series A funding led by Placeholder and Hack VC.
👉 x.com/EclipseFND/status/1816156679421190496
Outlanders (LAND) to conduct its initial listing on Gate on July 30th, 11:00 AM UTC
LAND token initial price: $0.012. Initial Market Cap: $675,000. Diluted Valuation: $24,000,000. Outlanders is an open-world, low-poly style MMORPG that combines GameFi and Move2Earn in the Nakamoto Games Ecosystem.
👉 x.com/PlayOutlanders/status/1817556974567096362
MAJOR UPCOMING EVENTS IN JULY!
A full list of Major Upcoming Events, to be updated
👉 https://cryptodiffer.com/events
Layer3 (L3) launches on Bybit Launchpool on July 30
Users will be able to stake L3, MNT, or USDT to earn a share of 16,666,667 L3 tokens. The staking period goes live concurrently with listing on July 30, 10:00 UTC. Layer3 is a platform focused on solving the Ethereum scaling problem.
👉 announcements.bybit.com/article/bybit-launchpool-stake-l3-usdt-or-mnt-to-earn-a-share-of-16-666-667-l3--bltabe96891ec92d8f0/
Sharpe AI (SAI) introduced the Basic Swap feature, powered by Open Ocean
The solution will leverage OpenOcean's advanced smart order routing to ensure deep liquidity from 1000+ sources. Moreover, Sharpe AI joined the IBM AI Startup Program. Sharpe AI is an institutional-grade crypto superApp.
👉 x.com/SharpeLabs/status/1816495085850140856