Binance Labs has invested in Infrared, a liquid staking protocol on Berachain
Infrared, a Berachain liquid staking protocol, has raised funds from Binance Labs. Infrared's mission is to maximize value capture within the Berachain network by offering user-friendly liquid staking solutions for $BGT and $BERA.
Infrared is currently under development and will go live on the Berachain V2 testnet soon. Previously, it raised $2.5M in a seed funding round backed by Synergis, Shima Capital, Tribe Capital, NGC Ventures, and others.
🔗 binance.com/en/blog/ecosystem/binance-labs-invests-in-infrared-to-grow-proof-of-liquidity-8075022596680958942
Top 7 ICO socials: Telegram | Chat | X
Top Upcoming Events of the Next Week
We compiled a list of top important upcoming events of the next week (June 24th - June 30th) among blockchain projects, including Chainflip $FLIP, Metal DAO $MTL, Stader $SD, Natix Network $NATIX, Blast $BLAST, Nillion $NIL, and TAP Protocol $TAP. Stay tuned!
Top 7 ICO socials: Telegram | Chat | X
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 Brevan Howard Digital, Spartan, Bitkraft, Mechanism Capital, Animoca Brands, Morningstar Ventures and others.
Top 7 ICO socials: Telegram | Chat | X
Fantom Foundation has allocated up to 200M FTM to Sonic Labs Innovator Fund
Fantom Foundation allocated up to 200M $FTM ($115M at current rate) to the Sonic Labs Innovator Fund. Allocation aims to accelerate partner migration for the launch of the Sonic network. The fund will be focused on native application grants, strategic grants to dApps, and infrastructure tools and partners for developers and users.
Previously, Fantom Foundation closed a $10M strategic funding round to support the Sonic Foundation backed by Hashed, UOB Ventures, Signum Capital, and Aave Foundation. Current $FTM price is $0.57. Current FDV is $1.84B.
🔗 blog.fantom.foundation/sonic-labs-innovator-fund
Top 7 ICO socials: Telegram | Chat | X
Top BNB Chain Protocols by Total Value Locked
The total value of assets locked in BNB Chain $BNB is around $5B, according to DefiLlama.com. Let’s compare the top DeFi-protocols on BNB Chain by current TVL in USD, in order to evaluate their adoption scale.
Top 7 ICO socials: Telegram | Chat | X
Dogin Hood has launched its Robin Hood-inspired memecoin game
Dogin Hood has announced the launch of its Robin Hood-inspired memecoin game. In its first 24 hours, Dogin Hood attracted more than 50K active players. Dogin Hood aims to offer a rich and engaging experience for its community, promising exciting new updates in the future.
Dogin Hood is a Robin Hood-inspired memecoin game, incubated by GameSwift, and based on a Telegram user base.
🔗 x.com/doginhood_io/status/1802763070743195902
Top 7 ICO socials: Telegram | Chat | X
APEX Launch has rolled out its Social-based Launchpad
APEX Launch rolls put its first-ever social-based launchpad. Users can earn XP points for completing various tasks such as connecting X account, and Telegram account, completing KYC, etc. XP-based merit system gives users priority access to participate in APEX IDOs and free airdrops.
To receive additional XP points you can use our code - apexlaunch.io/?code=buMOn9
Japanese gaming giant Konami chose Avalanche for its NFT platform
Konami announced that its NFT token platform, Resella, will use the Avalanche $AVAX blockchain to enhance efficiency and offer lower costs for users. Resella will be powered by the Avalanche Subnet and supported by AvaCloud Web3 launchpad service. Resella can empower developers to seamlessly design, issue, and trade NFTs within their applications while offering users a decent marketplace experience.
🔗 theblock.co/post/301006/konami-avalanche-nft
Top 7 ICO socials: Telegram | Chat | X
Top 10 Lending Protocols by Total Value Locked
The total value of assets locked in DeFi lending protocols is around $35B, according to DefiLlama.com. Let’s compare the Top lending protocols by current TVL in USD, in order to evaluate their adoption scale.
Top 7 ICO socials: Telegram | Chat | X
Ethereum L2 Blast will roll out BLAST token Airdrop on June 26th
$BLAST airdrop will go live on June 26th. Users must take certain actions to be eligible for the airdrop, and dApps must distribute reward incentives like Gold and Points to users by June 25th. Blast intends to allocate 50% of the airdrop to developers through Blast Gold, while the other 50% is set to be distributed to early users through Blast Points based on their wallet and dApp balances.
Users also need to sign into their Blast dashboard with the eligible EOA at least once for inclusion in the airdrop. All points multipliers are unlocked now.
LayerZero [ZRO] will conduct initial listing on Binance and multiple other exchanges today, on June 20th
LayerZero $ZRO will be initially listed on Binance, KuCoin, Bybit, OKX, Gate, MEXC and other exchanges today, on June 20th, starting at 12:00 UTC. Total supply is 1B $ZRO. Previously, LayerZero announced an airdrop to over 1M addresses. The main criteria for airdrop include number of transactions, number of networks and overall place in the top wallets. More details about ZRO.
Users will be available to claim their tokens at 11:00 UTC 👉 layerzero.foundation/eligibility
LayerZero is an omnichain interoperability protocol designed for lightweight messages passing across chains. It has raised $263.3M in a five funding rounds backed by a16z, Coinbase Ventures, Binance Labs, Spartan Group, Circle and others. Pre-market $ZRO price is $4.5. Pre-market FDV is $4.5B.
🔗 binance.com/en/support/announcement/binance-will-list-layerzero-zro-with-seed-tag-applied-28a21b10ed23416386b40d263b71cd99
Top 7 ICO socials: Telegram | Chat | X
KIP Protocol [KIP] has announced a partnership with Ta-da [TADA]
KIP Protocol $KIP teams up with Ta-da $TADA, a talk-to-earn Web3 app that connects businesses that need datasets for AI training with individuals who could earn tokens by recording and checking voice data. Through this partnership, projects aim to democratize access to high-quality datasets, empowering AI builders and users alike. Previously, KIP has opened community whitelist registration for the sale of AI Checker Nodes.
KIP Protocol is an open-source Web3 framework designed to facilitate the creation, management and monetization of decentralized knowledge assets for AI applications. Ta-da has raised $3.5M in two funding rounds backed by Morningstar Ventures, MultiversX Foundation, Spark Digital Capital and others. Current $TADA price is $0.05. Current market cap is $49.9M.
🔗 x.com/KIPprotocol/status/1803443633066221898
Top 7 ICO socials: Telegram | Chat | X
Arcana Network [XAR] has introduced a User-Centric Chain Abstraction protocol
Arcana Network $XAR has unveiled a user-centric chain abstraction protocol to remove the complexities of dealing with assets and gas fees. Powered by a Modular Layer 1, Arcana's Chain Abstraction is designed to provide: a unified user experience, low footprint developer experience and high capital efficiency. Moreover, Arcana's Chain Abstraction will serve across: Web3 Apps (from DEXs to marketplaces), supported chains (serve users without liquidity concerns), and all types of wallets.
Arcana is a UX-focused PoS app chain with a suite of products for developers and users, including Arcana Auth, Arcana Gasless and SendIt. It has raised $4M in several funding rounds backed by Digital Currency Group, Republic Crypto, Woodstock Fund, Fenbushi Capital, and Kenetic Capital. Current $XAR price is $0.055. Current FDV is $55M.
🔗 arcana.network/blog/introducing-chain-abstraction-by-arcana-network-bridgeless-seamless-instant
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
Binance Labs has announced the investment in Rango
Binance Labs has invested in Rango, a cross-chain DEX and bridge aggregator. Rango’s interoperability enables easy transacting across diverse blockchain ecosystems with its expansive capabilities and support for major blockchains including BTC, Solana, Tron, Cosmos Ecosystem, Starknet, and others.
Rango’s services are accessible through prominent wallets and dApps like TrustWallet, Exodus, Binance Web3 Wallet, etc. Rango currently supports over 60 blockchains, 70 DEXes, and 20 bridges, boasting a total transaction volume that exceeds $3B.
🔗 binance.com/en/blog/ecosystem/binance-labs-invests-in-rango-to-enhance-crosschain-swap-and-bridge-for-billionuser-expansion-1359034037599198149
Top 7 ICO socials: Telegram | Chat | X
Ponder [PNDR] announces Community Race Airdrop along with Platform launch
Ponder has introduced the Community Race Airdrop with $15,000 prize pool in collaboration with Lumia, Swing, Quickswap, Everclear, and Hybrid, launching today, on June 24th. Users should pick one of its partners team and follow them, swap, or bridge through Ponder to earn points.
Moreover, Ponder launches the Beta phase of its app. The Beta version includes swapping and bridging functionalities. The next phase will integrate staking, borrowing, and lending opportunities.
Particle Network [PARTI] has launched second phase of its Testnet
Particle Network $PARTI Testnet phase 2 is now live. The new phase introduces universal liquidity, the technology enabling universal accounts to seamlessly interact with any dApp on any chain, as well as conduct cross-chain interactions. Moreover, universal liquidity enables universal gas which allows users to pay fees for interactions with any token, automatically handling the underlying conversions and cross-chain bridging required for interacting with different chains.
Testnet Phase 1 finished with over 1.3M users activated universal accounts in Particle Pioneer, completing more than 122M transactions in total
Mystiko Network [XZK] has launched a $5M Ecosystem Grants program
Mystiko Network $XZK launches a $5M grants program that aims to foster the growth of the Mystiko ecosystem. Through this program, the project will also ensure a diverse range of applications and services on the network. Developers can already apply for grants by submitting proposals outlining their projects.
Mystiko Network is a zero-knowledge technology layer of Web3 which provides a universal ZK protocol and a ZK SDK that features scalability, interoperability, and privacy all at once. It has raised $18M in seed funding round backed by Sequoia Capital, Samsung Next, Hashkey, Mirana, Coinlist, Morningstar Ventures and others. Current $XZK price is $0.107. Current FDV is $107M.
🔗 medium.com/@Mystiko.Network/using-grants-to-empower-developers-and-fuel-the-zk-future-of-web3-with-mystiko-3a22e2a00497
Top 7 ICO socials: Telegram | Chat | X
Gudchain has raised $5M in a funding round led by Mechanism Capital
Gudchain has secured $5M through its latest investment led by Mechanism Capital. Other investors in the round include Morningstar Ventures, Manifold, and SkyVision Capital. Gudchain is an application chain for gaming built on top of OP Stack powered by Optimism $OP.
Through its Gud Wallet System, Unity SDK, and features like Account Abstraction and Gud Yield, it addresses key challenges in blockchain adoption with Web3 native incentives.
🔗 x.com/gudchain/status/1803851911105565173
Top 7 ICO socials: Telegram | Chat | X
AutoLayer [LAY3R] has been deployed to BNB Chain [BNB]
AutoLayer #LAY3R completed deploying to BNB Chain $BNB. Users on BNB Chain are now able to restake using Renzo $EZ and ether.fі $ETHFI LRTs to earn more rewards. Moreover, EigenLayer $EIGEN and LRT points will not be available on the BNB chain. However, AutoLayer will be monitoring BNB's progress and integrating the points system as soon as it's available.
AutoLayer is the LRTfi hub on Arbitrum, which offers one-click liquid restaking and staking along with other DeFi strategies and incentives. It raised $2.5M in a seed funding round backed by Morningstar Ventures, Poolz Ventures, KuCoin Labs, and others. Previously, AutoLayer announced its IDO on Poolz Finance. IDO price is $0.65, at $20.8M valuation. Initial market cap is $435K.
🔗 x.com/AutoLayer/status/1803797537926553752
Top 7 ICO socials: Telegram | Chat | X
Victoria VR [VR] has launched closed Beta of Red Phoenix PvP Arena
Victoria VR $VR announced that Red Phoenix PvP Arena closed beta is live. Closed beta features include a revamped spell system, 4-player multiplayer matches, oculus quest native and in-game voice chat. Previously, Victoria VR launched early access to its VR metaverse Asugea. Users need to fill out the form to get into closed beta.
Victoria VR is a Blockchain-based MMORPG in Virtual Reality built on Unreal Engine. Current price is $0.01. Current FDV is $182M.
🔗 x.com/VictoriaVRcom/status/1803822821111415091
Top 7 ICO socials: Telegram | Chat | X
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
Modular blockchain Particle Network [PARTI] has raised $15M in a Series A funding round
Particle Network $PARTI has secured $15M in a Series A funding round co-led by Spartan Group and Gumi Capital. Other investors in the round include SevenX Ventures, Morningstar Ventures, Flow Traders, and HashKey Capital. Particle Network is the intent-centric, modular access layer of Web3, built with modular smart WaaS, confidential zkStack, and omnichain account abstraction.
Particle Network is built using the Cosmos SDK and made Ethereum Virtual Machine-compatible with Berachain's BeaconKit framework. Previously, it raised $10M in three funding rounds backed by ABCDE, Animoca Brands, HashKey Capital, GSR, and others.
🔗 theblock.co/post/301015/particle-network-token-funding-round
Top 7 ICO socials: Telegram | Chat | X
EigenLayer [EIGEN] opened second phase of Airdrop's first season for LRT users
Eigen Foundation $EIGEN opened claims for the second phase of its first season stakedrop — letting users of liquid restaking protocols integrated with EigenLayer claim their tokens. Users of liquid restaking protocols or LRTs such as Kelp, Pendle, and Equilibrium can claim their tokens. With the second phase being rolled out, the first season has come to an end with nearly 113M EIGEN tokens distributed out of the total supply of 1.67B tokens at launch.
Users are available to claim their tokens until September 7th 👉 claims.eigenfoundation.org
EigenLayer is a major restaking protocol on Ethereum (around $19B in TVL) that allows users to deposit and restake $ETH from various liquid staking tokens, aiming to allocate those funds to secure third-party networks. Previously, it has raised $164.5M in three funding rounds backed by a16z, Blockchain Capital, Coinbase Ventures, Polychain Capital and others.
🔗 theblock.co/post/300949/eigenlayer-airdrop
Top 7 ICO socials: Telegram | Chat | X
Aethir [ATH] has announced a partnership with Sophon [SOPH]
Aethir $ATH, a decentralised GPU cloud infrastructure, teams up with Sophon $SOPH, a community-driven and entertainment-focused ecosystem. Through this partnership, Aethir's decentralized cloud infrastructure network is launching on Sophon’s ZK chain. Moreover, Aethir and Sophon have agreed to swap nodes, strengthening each other's networks and fostering Web3 decentralization.
Aethir has collected over 41.9K $WETH (worth $150.7M at current rate), meanwhile, Sophon has collected over 20.8K $WETH (worth $74.8M at current rate) via node sales on Impossible Finance.
Top 10 Derivatives DEXes by Total Value Locked
Users are gravitating towards derivatives DEXes due to fall of FTX and the need for self-custodian practices now. Let’s compare the top 10 derivatives DEXes by current TVL in USD include GMX, dYdX, Jupiter, Hyperliquid, Drift Protocol, Vertex, Wasabi, ApeX, Aevo and SynFutures according to DefiLlama.com.
Top 7 ICO socials: Telegram | Chat | X
Bondex [BDXN] has raised $4M in a funding round co-led by Animoca Brands and Morningstar Ventures
Bondex has secured $4M in a funding round co-led by Animoca Brands and Morningstar Ventures. Other investors in the round include Dext Force Ventures and iAngels. Bondex aims to be a gamified version of the professional social networking LinkedIn, a platform best known for providing a digital space where job candidates, recruiters and companies connect.
Previously, Bondex has raised $6.5M via public token sale on CoinList. CoinList sale price was $0.08, at a $80M valuation.
🔗 x.com/bondexapp/status/1803429464002490756
Top 7 ICO socials: Telegram | Chat | X
Binance rolls out HODLer Airdrops to BNB holders
Binance launches HODLer Airdrops to $BNB holders. Users who subscribe to Simple Earn using $BNB will receive token airdrops issued by projects that intend to soon list on Binance. Moreover, Simple Earn subscribers can participate in the activity using their sub-accounts and be eligible for Launchpool and Megadrop.
Starting today, airdrops are based on random snapshots of users' BNB balances. Current $BNB price is $592. $BNB FDV is $91.1B.
🔗 binance.com/en/support/announcement/binance-launches-hodler-airdrops-to-bnb-holders-59a0a10b835d4c3ab2ffbfca941e7d24
Top 7 ICO socials: Telegram | Chat | X
Sophon [SOPH] token farming is live with BEAM as initial asset
Sophon’s $SOPH farming period has officially begun. Users can now farm Sophon Points (SP) which can later be redeemed for $SOPH tokens. The initial assets available for staking are $BEAM and BEAM/ETH LP with more assets to become available soon. 10% of the total $SOPH supply will be designated as rewards for farming, with 6% for the farming period on Ethereum, and 4% on Sophon mainnet.
Sophon has collected over 20.8K
$WETH
(worth about $73.6M at current rate) via node sale on Impossible Finance, with 123.5K nodes (62%) sold. By running a node on Sophon, users will be eligible to earn a share of up to 20% of
$SOPH
token emissions over 3 years. Node holders may receive potential airdrops from ecosystem participants.
ConsenSys said that SEC closed an investigation into Ethereum 2.0
ConsenSys, a developer of MetaMask and Linea, announced that the Securities and Exchange Commission’s enforcement division has notified the blockchain company that it is closing its investigation into Ethereum 2.0. SEC will not bring charges alleging that sales of ETH are securities transactions. The SEC decision came after Consensys sent a letter requesting clarification of ether’s category in the approval of spot ETH ETFs.
In April, Consensys had filed a lawsuit against the SEC, in opposition to the agency’s categorization of ether as a financial security. Consensys allegedly received a wells notice from the SEC in April, which meant the agency planned on bringing an enforcement action against it.
🔗 theblock.co/post/300786/u-s-sec-closes-investigation-in-ethereum-2-0-consensys
Top 7 ICO socials: Telegram | Chat | X