28105
Top Crypto Projects, IEO, ICO, IDO, DeFi, NFT News and Analytics Official Chat: @top7ico_chat Twitter: twitter.com/top7ico Сontact: @top7dan We are from Ukraine 🇺🇦
Top 7 Crypto Fundraising Rounds of the Week
Let’s take a look at the top 7 biggest private crypto fundraising rounds completed in the previous week, backed by crypto venture investors including Paradigm, a16zcrypto, Hashkey Capital, OKX Ventures, Hashed, Haun, Mechanism Capital and others.
Top 7 ICO socials: Telegram | Chat | X
Cysic has raised $12M in a Pre-A funding round co-led by HashKey Capital and OKX Ventures
Cysic, a zero-knowledge hardware acceleration startup, has secured $12M in a Pre-A funding round co-led by HashKey Capital and OKX Ventures. Other investors in the round included Polychain, ABCDE, SNZ Holding, Web3.соm Ventures, Coinswitch, IDG, Bit Digital and Matrix Partners.
Cysic is a ZK-hardware acceleration project focused on developing advanced ASIC chips to expedite the generation of ZK proofs for ZK-based systems. In 2023, it raised $6M in a seed funding round backed by Polychain, HashKey Capital, SNZ Holding and others.
🔗 medium.com/@cysic/zero-knowledge-zk-hardware-acceleration-startup-cysic-raises-12m-in-pre-a-round-to-advance-the-4d8eb7fc611c
Top 7 ICO socials: Telegram | Chat | X
Fantom Foundation [FTM] closed a $10M strategic funding round to support the Sonic Foundation
Fantom Foundation $FTM has secured $10M in a strategic funding round and announced its plans to establish the Sonic Foundation and Sonic Labs ahead of the rollout of its Sonic blockchain. Investors in the round include Hashed, UOB Ventures, Signum Capital, Aave Foundation, and several angel investors such as Stani Kulechov, Robert Leshner, Michael Egorov.
Still under development, Sonic is designed to be a high-performance blockchain with sub-second finality. It represents the next evolution of the existing Opera network by Fantom
SEC has approved Ethereum [ETH] Spot ETF
The Securities and Exchange Commission (SEC) approved 19b-4 forms for the ETFs from BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy and Franklin Templeton. While the forms have been approved, the ETF issuers need to have their S-1 registration statements go effective before trading can begin.
The SEC has started conversations with issuers about their S-1 forms, but only recently. It's unclear how long this process will take but analysts speculate that it could take several weeks or months. Current $ETH price is $3,673.
🔗 theblock.co/post/296304/sec-approves-ethereum-etfs
Top 7 ICO socials: Telegram | Chat | X
Plume Network has raised $10M in a Seed funding round led by Haun Ventures
Plume Network, a modular Layer 2 network focused on bringing real-world assets on-chain, has secured $10M in a seed funding round led by Haun Ventures. Other investors in the round include Galaxy Ventures, Superscrypt, A Capital, SV Angel, Portal Ventures, Reciprocal Ventures.
Angel investors, including Anthony Ramirez of Wormhole Labs, Calvin Liu of Eigenlayer, Ezaan "Zon" Mangalji of Initia, Andrew Kang of Mechanism, Jeff Feng and Jayendra Jog of Sei Network, also participated.
Top Blockchains by Number of Transactions in last 7 days
Let’s compare the top blockchains by number of transactions registered on-chain and average daily active addresses in last 7 days, according to Artemis.xyz, in order to evaluate their current adoption and performance.
Top 7 ICO socials: Telegram | Chat | X
LeverFi [LEVER] has raised $10M for OmniZK Developers Fund
LeverFi $LEVER has secured $10M from leading institutions, market makers and private investors to support developers who are building the future of BTC Fi using OmniZK for developers fund. The new fund, exclusively focused on BTC Fi projects, will allow developers to build and deploy scalable, interoperable DLC applications that are natively settled on Bitcoin.
LeverFi operates as a DeFi infrastructure and innovation network that provides unique solutions for users in the Bitcoin and global Web3 ecosystems. Current $LEVER price is $0.0036. Current market cap is $118M. Current FDV is $128M.
🔗 medium.com/leverfi/usd10-million-omnizk-developers-fund-building-the-future-of-btc-fi-dcd08b6b22dd
Top 7 ICO socials: Telegram | Chat | X
Ethereum Layer 2 Taiko will airdrop 5% of TKO token supply
Taiko $TKO has announced a genesis airdrop for its community members ahead of its mainnet launch. 5% of total supply (50M $TKO) will be airdropped to Taiko testnet users, block proposers and provers, Galxe points holders and contributors to certain GitHub repositories. $TKO genesis airdrop will be available to claim on the mainnet of Taiko’s Layer 2 chain once it goes live.
Users can check Airdrop eligibility here 👉 claim.taiko.xyz
Taiko is a Type 1 ZK-EVM — an Ethereum Virtual Machine-compatible ZK-rollup that supports zero-knowledge proof computation. Previously, it has raised $37M across three funding rounds backed by Hashed Fund, Lightspeed Venture, Sequoia China, Generative Ventures, IOSG Ventures, GSR and GGV Capital.
🔗 taiko.mirror.xyz/RjxK3mrDw_ek1w-P768h0Oqghpv8pdfSQ-A51n-izZg
Top 7 ICO socials: Telegram | Chat | X
Top Ethereum Layer 2 Projects by Total Value Locked
The total value of assets locked in Ethereum Layer 2 systems is almost $45B at the moment, according to L2BEAT. Let’s compare the top Layer 2 projects by current TVL in USD, including Arbitrum $ARB, Optimism $OP, Base, Blast, Mantle $MNT, Linea, Starknet $STRK, zkSync Era, Mode $MODE, Manta Network $MANTA and others.
Top 7 ICO socials: Telegram | Chat | X
KIP Protocol [KIP] has announced a partnership with Creator Bid
KIP Protocol $KIP teams up with Creator Bid, a platform that empowers digital creators to develop, monetize, and co-own AI-driven digital assets using advanced blockchain. By tapping into Creator Bid's extensive user base, KIP Protocol stands to enhance its market presence and drive further innovation in decentralized AI.
KIP Protocol is an open-source Web3 framework designed to facilitate the creation, management and monetization of decentralized knowledge assets for AI applications. It is backed by Animoca Brands, Morningstar Ventures, SkyVision Capital, Spicy Capital, Purechain Capital and others.
🔗 kip.pro/blog-posts/creator-bid-partnership
Top 7 ICO socials: Telegram | Chat | X
Kelp DAO has raised $9M in a Private Sale round co-led by SCB Limited and Laser Digital
Kelp DAO has raised $9M in a private token sale round at a $90M valuation co-led by SCB Limited and Laser Digital. Other investors in the round include Bankless Ventures, Hypersphere Ventures, Draper Dragon, DACM, Cypher Capital, GSR, HTX Ventures and DWF Ventures.
Kelp expects to launch the governance token soon and is currently undergoing legal and exchange due diligence.
Nyan Heroes [NYAN] has conducted initial listing on Bybit, Gatе, Bitget, MEXC, Backpack and HTX
Nyan Heroes $NYAN has been initially listed on Bybit, Gatе, Bitget, MEXC, Backpack and HTX on May 21st, at 8:00 AM UTC. Previously, Nyan Heroes launched $NYAN farming on Bybit Launchpool with 2.76M $NYAN in rewards. Moreover, Nyan Heroes carried out three phases of the Airdrop Mission Campaign.
Users are available to claim their tokens here 👉 missions.nyanheroes.com/claim
Farcaster has raised $150M in latest fundraising round led by Paradigm
Decentralized social network Farcaster has announced a new $150M fundraise at $1B valuation led by Paradigm, with participation from a16z crypto, Haun Ventures, USV, Variant, Standard Crypto and others. In 2022, it closed a $30M round led by a16z, with other investors including Coinbase Ventures, Multicoin Capital, 1confirmation, Scalar Capital, First Round Capital, A Capital, Offline Ventures, Archetype, etc.
OP Mainnet-based Farcaster is a protocol that facilitates the creation and connection of other social media apps. Since going permissionless last October, Farcaster has seen 350,000 paid sign-ups and a 50x increase in network activity. According to team, there are hundreds of developers building on the protocol and a growing number of apps and frames for people to use.
🔗 danromero.org/farcaster-update/
Top 7 ICO socials: Telegram | Chat | X
Phantom has acquired a16z-backed Bitski wallet
Phantom, the leading crypto wallet in the Solana $SOL ecosystem, has acquired Bitski, a wallet-as-a-service platform, for an undisclosed sum. As part of the deal, Phantom plans to bring embedded wallets to Solana for an easy onboarding experience similar to that of Web 2.
The current Bitski products will be sunset in the coming months and users will be notified about next steps soon. Previously, Bitski raised $22.3M in total baked by a16z, Galaxy, Coinbase Ventures, Founders Fund and others.
🔗 theblock.co/post/295620/solana-wallet-phantom-bitski
Top 7 ICO socials: Telegram | Chat | X
Binance Labs has announced the investment in Aevo [AEVO]
Binance Labs has invested in Aevo, a high-performance Layer 2 built on top of the OP Stack that allows perpetual trading, pre-launch futures, and options, all on the same platform with a single margin account. As part of the future roadmap, Aevo will launch vault strategies, yield products, and $AEVO staking. It will expand its ecosystem of derivative products by allowing builders to deploy their dApps permissionlessly on Aevo L2.
Previously, Aevo has raised $16.6M across three funding rounds (last at $250M valuation), backed by Coinbase Ventures, DragonFly, Paradigm and others. Current $AEVO price is $0.90. Current market cap is $100M. Current FDV is $906B.
🔗 binance.com/en/blog/ecosystem/binance-labs-invests-in-aevo-to-support-the-future-of-l2-blockchain-innovations-1035611236859767594
Top 7 ICO socials: Telegram | Chat | X
BounceBit [BB] joins zkLink Nova Aggregation Parade
BounceBit $BB, a $BTC restaking infrastructure, has joined the zkLink Nova Aggregation Parade. This integration will allow users to earn additional Nova Points by bridging $BBTC and $BBUSD. zkLink Nova is a Layer 3 ZK rollup network that aggregates the fragmented liquidity across Ethereum L2 rollups.
Previously, zkLink raised $18.5M in two funding rounds backed by Coinbase Ventures, Ascensive Assets, Arrington Capital, Morningstar Ventures and others. It has also conducted token sale on Coinlist, and launched Aggregation Parade – a campaign to celebrate the launch of zkLink Nova.
To join zkLink Aggregation Parade campaign, you can use our invite code - 12768C.
Liquidity staking protocol ClayStack sunsets its operations
ClayStack has announced its decision to cease protocol’s operations. Effective immediately, ClayStack has transitioned into a withdrawal-only mode. The platform has already carried out the unstaking process, and it is expected that funds will be available for collection before June 18th.
The decision comes after more than three years of continuous operation, during which the platform struggled with a lack of resources and product-market fit.
Gunzilla Gamesʼ GUNZ integrates Fireblocks for blockchain operations
Gunzilla Games’ GUNZ blockchain has integrated Fireblocks, an enterprise platform for building blockchain apps and managing digital asset operations, into its infrastructure. Through this integration, institutional holders of $GUN token and GUNZ Validator NFTs will be able to hold and manage their assets through Fireblocks platform.
Fireblocks’ enterprise non-custodial wallets-as-a-service (WaaS) will integrate with GUNZ, providing a non-custodial option for all existing and future users of GUNZ Wallet.
STEPN [GMT] has unveiled new social lifestyle app - STEPN GO [GGT]
STEPN $GMT, a major Web3 move-to-earn game created by Find Satoshi Lab, launches STEPN GO – its new social lifestyle app that will reward users for staying active, using digital sneakers. Users will be able to earn new GO GAME TOKEN $GGT when walking or running with their sneakers.
STEPN will open the Alpha Draw, allowing the community to win exclusive soul-bound sneakers
Param Labs will launch PARAM token on May 29th
Param Labs will conduct $PARAM token generation event on May 29th. $PARAM will be listed on multiple exchanges. Other details about TGE will be announced soon. Param Labs’ Gaming Points program is live. Users can earn points through completing social tasks.
Param Labs is a game studio specializing in AI and blockchain technologies. It raised $7M in a funding round backed by Animoca Brands, Delphi Ventures, Cypher Capital, P2 Ventures, Mechanism Capital, Merit Circle and others.
🔗 x.com/paramlaboratory/status/1793522896221954304
Top 7 ICO socials: Telegram | Chat | X
Lympid [LYP] has launched Points Campaign ahead of TGE
Lympid $LYP has rolled out a points campaign to build community and prepare the TGE. Users can earn points for completing X (Twitter) and Telegram quests, invite referrals and by this climb the leaderboard. Moreover, Lympid launched an interest form for the upcoming IDO.
Backed by 1inch, Chainlink Build, and Fintech House, Lympid is a real-world assets (RWA) platform built for premium investment products, offering a neo-bank like app for investing in tokenized assets.
🔗 x.com/lympid_official/status/1792884823284994139
Top 7 ICO socials: Telegram | Chat | X
Stripchain has raised $10M in a funding round led by Sora Ventures
Cross-chain interoperability protocol Stripchain has secured $10M in a funding round led by Sora Ventures. Other investors in the round include Hyperithm, Shima Capital, Hypersphere, Mechanism, Ascensive Assets and angels such as Santiago Santos and Stephane Gosselin.
StripChain builds a cross-chain interoperability protocol that allows developers to create commands, known as intents, to transfer data between blockchains. Using the stripVM system, facilitates communication and coordination among different protocols, enhancing the functionality and integration of decentralized applications.
🔗 cointelegraph.com/news/stripchain-raises-10-million-simplify-blockchain-user-experience
Top 7 ICO socials: Telegram | Chat | X
Liquid staking protocol Lista [LISTA] will be launched on Binance Megadrop
Lista $LISTA will be rolled out on Binance Megadrop, a new token launch platform with airdrops and Web3 quests. Users can lock BNB to Locked Products and/or complete tasks in their Web3 wallet for early access to rewards from selected Web3 projects before their tokens are listed on Binance.
100M $LISTA (10% of total token supply) will be offered on Megadrop. Initial circulating supply is 230M $LISTA (23% of token supply).
AIOZ Network [AIOZ] has been listed on Nvidia Accelerated Applications Catalog
AIOZ Network has become the first DePIN company listed on the Nvidia Accelerated Application Catalog. Nvidia Accelerated Applications Catalog enables individuals and businesses to search for a wide array of DPU—and GPU-accelerated applications, tools, and services. Nvidia's user base can now explore AIOZ Network DePIN's power when developing their applications.
AIOZ Network is an L1 blockchain with full Ethereum and Cosmos interoperability. Current $AIOZ price is $0.92. Current FDV is $1.01B.
🔗 theblock.co/post/295981/aioz-network-becomes-first-depin-company-listed-on-nvidia-accelerated-applications-catalog
Top 7 ICO socials: Telegram | Chat | X
WeatherXM has raised $7.7M in a Series A funding round led by Lightspeed Faction
WeatherXM $WXM, a startup developing the weather-focused DePIN, has secured $7.7M in a Series A funding round led by Lightspeed Faction. Other investors in the round include Protocol Labs, Borderless Capital, Arca, Alumni Ventures, Placeholder VC, Red Beard Ventures, Metaplanet, GS Futures, Consensys Mesh, Westerly Ventures, dlab, Eleftherios Diakomichalis and Juan Benet.
WeatherXM produces weather stations that collect environmental data stored on the decentralized storage blockchain Filecoin $FIL, aiming to create hyper-local weather forecasts. In 2022, it raised $5M in a seed round backed by Borderless Capital, SOSV, ConsenSys Mesh and others.
🔗 theblock.co/post/295807/lightspeed-faction-leads-7-7-million-series-a-round-for-depin-weather-startup-weatherxm
Top 7 ICO socials: Telegram | Chat | X
Top Blockchains by Commits and Development Activity in last 7 days
Let’s compare the top blockchains by GitHub commits and active developers in last 7 days, according to artemis.xyz, in order to evaluate their current development activity.
Top 7 ICO socials: Telegram | Chat | X
Top Solana Protocols by Total Value Locked
The total value of assets locked in Solana $SOL is around $5B, according to DefiLlama.com. Let’s compare the top DeFi-protocols on Solana by current TVL in USD including Jito $JTO, Marinade $MNDE, Kamino, Raydium $RAY, Sanctum, marginfi, BlazeStake $BLZE, Drift $DRIFT, Jupiter $JUP, Meteora, Solend $SLND and others in order to evaluate their adoption scale.
Top 7 ICO socials: Telegram | Chat | X
zkSync is currently aiming at around June 13th for the Airdrop
zkSync plans to host its token generation event (TGE) this week with a total token supply of 21B tokens, according to sources of The Block. The zkSync token airdrop is expected to occur around June 13th, with the company noting that it would be before Blast's token airdrop on June 26th, according to an internal message screenshot seen by The Block.
zkSync is a trustless Layer 2 protocol for scalable low-cost payments on Ethereum, powered by zkRollup technology. Its main network, zkSync Era, has around $814M in assets deposited. Matter Labs, the developer of zkSync, has raised $458M in funding rounds backed by Consensys, DragonFly, a16z, Blockchain Capital, Placeholder, Lightspeed Venture and others.
🔗 theblock.co/post/295670/zksync-token-launch-airdrop
Top 7 ICO socials: Telegram | Chat | X
Top Exchanges by Liquidations in last 7 days
The vast majority of the casualties were short positions last days, with more than $1B liquidated in total. Let’s take a look at the top exchanges by liquidations of longs and shorts within last week, according to Coinglass.com.
Top 7 ICO socials: Telegram | Chat | X
Uniswap Labs and Across Protocol introduced a new token standard for cross-chain interoperability
Uniswap Labs $UNI and Across Protocol $ACX have introduced a new Ethereum token standard called ERC-7683 for better cross-chain interoperability. ERC-7683 aims to create a universal filler network for all cross-chain intents to follow in their order structure, tackling relayer fragmentation. This would result in lower costs for fillers, a broader filler network for apps to use and lower costs passed onto users.
Uniswap will use the new token standard for cross-chain swaps on the forthcoming platform UniswapX. Current $UNI price is $9.35. Fully diluted market cap is $9.35B. Current $ACX price is $0.38. Fully diluted market cap is $388M.
🔗 theblock.co/post/295453/uniswaps-labs-across-protocol-erc-7683-cross-chain-intents
Top 7 ICO socials: Telegram | Chat | X