Ethernity (ERN) launches its mainnet on October 29th
Ethernity Chain is an entertainment-focused Layer 2 chain built on OP stack bringing Plug & Play Toolkit for brands to build next-gen Web3 apps spanning Web3 games, digital collectibles, and RWAs.
👉 x.com/EthernityChain/status/1844470683101020182
Top 15 Projects by Network Growth over the past 30 days
Network growth shows the percentage increase in new addresses that transferred a given token for the first time in the selected period compared to the previous one.
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.22T (-1.19%)
BTC Price: $60,706 (-0.18%)
BTC Dominance: 53.9% (-0.20%)
Fear & Greed Index: 32 (Fear)
Total Value Locked: $130B (-0.32%)
OpenGradient raised $8.5 million in Seed funding backed by a16z CSX
Investors in the round also includes Coinbase Ventures, Symbolic Capital, Foresight VC, SALT, SV Angel, Canonical Crypto, Black Dragon Capital, Celestia, NEAR Protocol, and Thanefield Research. OpenGradient is a leading decentralized AI infrastructure company.
👉 opengradient.ai/blog/opengradient-raises-8-5m-to-decentralize-ai
Uniswap Labs unveiled Unichain, its own L2 built on Optimism OP Stack
Unichain will become a part of Superchain, an Optimism-affiliated network with an L2 Base onboard. Unichain is set to go live on a private Testnet on Thursday. Uniswap Labs says adding its own network will bring faster, cheaper transactions with more liquidity.
👉 coindesk.com/tech/2024/10/10/uniswap-developer-unveils-own-layer-2-network-unichain-built-on-optimism-tech
US charges four crypto firms for market manipulation
Federal prosecutors in Boston charged the Gotbit, ZM Quant, CLS Global, MyTrade and their leaders & employees. Five people have already agreed to plead guilty or have done so.
👉 reuters.com/legal/us-charges-18-people-companies-cryptocurrency-fraud-2024-10-09
COTI (COTI) partners with Gitcoin (GTC) to launch a $500K grants program
Under this partnership, COTI will leverage Gitcoin’s grants management tools and services to onboard new cohort of developers and privacy projects to its ecosystem. COTI is a blockchain-based payments infrastructure company.
👉 cotinetwork.medium.com/coti-and-gitcoin-partner-to-deliver-500k-in-new-grants-for-privacy-projects-2eb6c052cdd9
Velvet.Capital integrates with Morpho on Base Layer 2
The integration allows users of Velvet Capital to get access to Morpho Vaults and features the release a special Morpho ETH Yield Vault for users to earn extra pVLV. Velvet is a DeFi management platform, backed by Binance Labs.
👉 x.com/velvet_capital/status/1844025416019018168
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.23T (-3.28%)
BTC Price: $60,876 (-2.04%)
BTC Dominance: 54.1% (-0.10%)
Fear & Greed Index: 39 (Fear)
Total Value Locked: $130B (-0.74%)
CARV (CARV) will hold its initial listing on multiple exchanges on October 10
The CARV trading goes live on Bybit, KuCoin, Gate, Hashkey, Bitget, BingX, and MEXC on October 10 at 8:00 AM UTC. Previuosly, CARV announced its Mainnet launch on Arbitrum on October 11th. CARV Protocol is a modular data layer for gaming and AI.
👉 x.com/carv_official/status/1843201762314047555
Layerhub reports only 12.7% of wallets profit on Polymarket
Only 12.7% of Polymarket users have made profits in the prediction market, with most earning less than $100, according to Layerhub's on-chain analytics tool. Polymarkets has facilitated about 10.8 million betting trades with a $2.3B in total trade volume.
👉 cointelegraph.com/news/gambling-on-polymarket-profitability-data-revealed
VanEck unveiled a $30M Crypto & AI venture fund with former Circle staff
VanEck Ventures is seeking $30 million for its first fund, which will invest in early-stage startups operating at the intersection of fintech, digital assets, and AI. The fund will be led by two former Circle VC leaders who have joined VanEck as general partners.
👉 theblock.co/post/320213/vaneck-ventures-launch-first-fund
Sophon (SOPH) announced its mainnet launch in November
Sophon is an entertainment-focused ecosystem built as a modular rollup leveraging zkSync’s ZK Stack technology. SOPH token will be deployed with the mainnet genesis but it won't be considered the official TGE, which is expected to take place later.
👉 blog.sophon.xyz/the-road-to-mainnet
Humanode (HMND) rolled out a $10M ecofund program
The program supported by Big Brain Holdings and Republic Crypto and will have the initial focus on consumer DApps to be launched on the Humanode chain. Humanode is the first cryptobiometric blockchain where one human = one node = one vote.
👉 blog.humanode.io/humanode-launches-ecosystem-funding-program
Bitlayer has raised $9M in a Series A extension round
The funding round at a $300M valuation was co-led by Polychain Capital & Franklin Templeton. Other investors include SCB Limited, Selini Capital, and G-20 Group. Bitlayer is the first Bitcoin security-equivalent Layer 2 based on BitVM.
👉 x.com/BitlayerLabs/status/1843704169645097291
Ubisoft launches its first crypto game on October 23
Called "Champions Tactics," the new title is an RPG where players collect and assemble teams of Dungeon & Dragons-style characters used to battle other users. This week Gunzilla Games launched an early access version of a web3, Fortnite-style battle royale game.
👉 theblock.co/post/320471/assassins-creed-developer-ubisoft-launches-first-crypto-video-game-champions-tactics
World Liberty Financial (WLFI) will hold token sale next week
The project looks to raise $300M at a $1.5B valuation by selling 20% of the token supply. WLFI is a governance token used to vote on decisions regarding the future development of the WLFI platform. These tokens will be non-transferable for the first 12 months.
👉 theblock.co/post/320430/trump-world-financial-liberty-raise
Aethir (ATH) launches a $100 million Fund to accelerate AI & Gaming innovation
The new fund will distribute 336M of ATH as it aims to revolutionize AI and gaming with advanced GPU access. The initiative includes the Aethir Catalyst program, the foundation for funds allocating $20M to support 100+ projects through grants and subsidies.
👉 cointelegraph.com/news/aethir-launches-100m-fund-accelerating-ai-gaming-innovation
Blast-native DEX Thruster announced a 35M THRUST Airdrop along with its tokenomics
Thruster to airdrop 35 million of THRUST (7% of total supply) to 135K protocol users. The airdrop will be distributed half in fully unlocked THRUST and half in veTHRUST min-staked for at least 13 weeks.
Thruster tokenomics include 55% of tokens allocated for community: airdrop (7%), liquidity management (5%), gauge emissions (40%), and ecosystem growth (3%).
👉 blog.thruster.finance/Introducing-THRUST-ffd9f3c7897d4cfdae9c1d8e722f2bb5
Liquid restaking protocol Puffer introduced its token along with community airdrop
The PUFFER total supply is 1B, with an initial supply of 102.3M (10.23% of total supply). PUFFER token will be based on a vote escrow mechanism, allowing users to stake for vePUFFER - a token with governance rights proportional to their votes.
The project has allocated 7.5% (75M tokens) of supply for "Crunchy Carrot Quest" Aidrop Season 1, with snapshot taken on Oct 1. The second season, currently taking place, will allocate 5.5% of tokens. The airdrop claim process will begin on Oct 14 and remain open until Jan 14.
👉 theblock.co/post/320386/liquid-restaking-and-rollup-platform-puffer-introduces-token-along-with-community-airdrop
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 Ethereum, Polygon, Cosmos, Kava, Osmosis, Akash, Tezos, and SUI.
Data provided by stakingrewards.com
Top blockchains by Unique Active Wallets interacting with the dApps in the last 30 days
The infographic depicts the total number of summed-up unique active wallets (UAW) in the last 30 days tracked by DappRadar for all listed dapps on the different blockchains.
delta has closed an $11 million funding round
Funding participants include Variant, DBA, Figment Capital, Maven 11, Reverie, Public Works, Credibly Neutral, Delphi Ventures and Robot Ventures among others. Delta is an L1 platform challenging the status quo for building high-throughput decentralized apps.
👉 x.com/deltadotnetwork/status/1844019646179205583
Crypto Events Recap, October 8-9
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-october-8-9-2024
STATE OF THE DEFI
Total Value Locked in DeFi: ~ $131B USD
DeFi TVL has increased by 7.51% in the last 30 days. 30 projects have TVL over $1B compared to 15 projects a month ago.
Kiva AI raised $7 million in a Pre-Seed funding round
The Pre-Seed funding was led by CoinFund with participation from Paper Ventures, HashKey Capital, Actai, NGC, Big Brain Holdings, Foresight, Breed, and Protagonist. Kiva Ai develops high-quality, scalable, cost-effective data labeling, annotation, and RLHF.
👉 x.com/KivaAi/status/1843647424407159072
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 UNKJD, an action-packed real-time mobile soccer game, TARS Protocol, an AI-driven, scalable Web3 infrastructure, and Synesis One, the Train2Earn platform on Solana.
Binance Staked SOL (BNSOL) gets listed on Binance on October 10th, 10:00 UTC
Binance will also launch a promotion enabling all new and existing BNSOL holders to receive up to 10% APR in the next 8-10 days. BNSOL represents your staked SOL plus the staking rewards received, in a tradable and transferable form.
👉 binance.com/en/support/announcement/binance-lists-bnsol
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.26T (-0.23%)
BTC Price: $62,237 (-2.08%)
BTC Dominance: 54.2% (-0.20%)
Fear & Greed Index: 49 (Neutral)
Total Value Locked: $131B (-0.96%)