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Avalanche announces the launch of the Avalanche9000 upgrade on testnet
Avalanche rolls out the Avalanche9000 network upgrade on testnet. The innovation is primarily aimed at reducing the cost of chain deployment by 99.9%. Moreover, Avalanche has launched Retro9000, a grant program of $40M to reward builders developing Layer 1 blockchains and other tools on the Avalanche9000 testnet. Earlier in October, Avalanche introduced its Visa card for cryptocurrency payments.
👉🏻 theblock.co/post/328108/avalanche9000-launches-on-testnet-over-40-million-offered-in-retroactive-rewards
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Starknet becomes the first major L2 to launch staking on its network
Starknet has enabled staking on its network, becoming the first major L2 to launch staking on its network. The innovation allows anyone with 20,000 STRK (~$12K) to make money as a validator, and users with smaller holdings to delegate tokens to validators to stake on their behalf. Bitwise Asset Management will run a public validator to which any STRK holders can delegate tokens and separate validators for large institutional clients.
👉🏻 coindesk.com/tech/2024/11/26/crypto-staking-goes-live-on-starknet-in-first-for-ethereum-l2-blockchains
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Clearpool’s L2 Ozean has announced its partnership with Mansa Finance
Ozean teams up with Mansa Finance, a fintech revolutionizing global payments by providing instant liquidity solutions worldwide through stablecoins. Mansa Finance will be deployed on Ozean’s Testnet in the coming weeks and on Ozean’s Mainnet once live to bring cross-border payment financing opportunities to Ozean’s growing ecosystem. Ozean is a Layer 2 blockchain for RWA yield built by Clearpool, a DeFi credit and RWA lending protocol.
👉🏻 clearpool.medium.com/mansa-partners-with-clearpool-to-bring-financing-for-cross-border-payments-companies-to-ozean-eb8237b4bc6
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Talus raises $6M in strategic funding led by Polychain Capital at a $150M valuation
Talus Network, a high-throughput blockchain protocol designed for decentralized AI agents, has raised $6M in strategic funding at a valuation of $150M. The round was led by Polychain Capital with participation from Foresight Ventures, Animoca, Geek Cartel and Echo. Talus has disclosed its plans to further develop its ecosystem, including blockchain infrastructure Polychain and the Nexus framework.
👉🏻 theblock.co/post/328313/talus-network-polychain-funding-round-150-million-usd-valuation-tiktok-ai-dating
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TOP 10 dApps on Aptos by Volume (30d)
A decentralized application (dApp) is a program built on blockchain that combines a smart contract and a front-end user interface. We present the top dApps on #Aptos by volume in the last 30 days, according to the data from DappRadar.
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TOP DeFi Projects by Social Activity
Posts. Posts measures the number of social posts across all social channels.
Interactions include socially-driven engagements and actions such as likes, comments, retweets, and upvotes.
Social Dominance. Social dominance calculates the "share of voice" across all social media data.
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Kernel has announced the closure of its $10M funding backed by Binance Labs
Kernel, the core restaking infrastructure on BNB Chain, closes its $10M investment. The round was backed by Binance Labs, Laser Digital, Bankless Ventures, Hypersphere, Cypher Capital, Draper Dragon, ArkStream Capital, Digital Asset Capital Management (DACM), HTX Ventures, LongHash Ventures, ViaBTC Capital, DWF Labs, and others. The project plans to launch on BNB Chain using BNB Liquid Staking Tokens (LSTs) and restaked BNB as economic security to support DeFi innovation on BNB Chain.
👉🏻 x.com/kernel_dao/status/1861063771730682164
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Crypto News Digest: Key Updates You Need to Know
This digest provides a quick overview of the most significant cryptocurrency news, that's worth your attention.
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Magic Eden has disclosed its plans to conduct the $ME TGE on December 10th
Magic Eden Foundation will conduct the TGE of its anticipated $ME token on December 10th. Moreover, the $ME token has been listed in pre-market trading zones on Bybit and OKX. Earlier in October, Magic Eden teased a gaming NFT collection in partnership with Ubisoft. Magic Eden is one of the largest cross-chain NFT marketplace platforms, backed by Paradigm, Sequoia, Greylock, and Lightspeed with a total raise of $159.5M.
👉🏻 x.com/MEFndn/status/1859994632555549007
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Tren Finance has announced the closure of its seed funding round
Tren Finance closes its seed round, backed by Contango Digital Assets, Maven Capital, Moonrock Capital, OIG Capital, Spyre Capital, Metabros, and Ozaru Ventures. The firm has also unveiled its plans to launch its Liquidity Generation Event (LGE) through our Single Sided Liquidity contract while using the VC round to accelerate growth. Tren Finance is the first Liquidity (re)Enabling Protocol that brings capital efficiency to DeFi through composability.
👉🏻 blog.tren.finance/seed-round
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MicroStrategy acquires 55,500 $BTC for ~$5.4B at ~$97,862 per Bitcoin
MicroStrategy bought ~$5.4B worth of Bitcoin (55,500 BTC) over the past week. This acquisition brings MicroStrategy's BTC Yield to 59.3% YTD and total holdings to 386,700 $BTC. In November, MicroStrategy purchased ~134,480 Bitcoins for approximately $12.3B, increasing its total holdings by 34.7%. MicroStrategy is an independent publicly traded analytics and business intelligence company.
👉🏻 microstrategy.com/press/microstrategy-acquires-55500-btc-and-achieves-btc-yield-of-35-qtd-and-59-ytd-now-holds-386700-btc_11-25-2024
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COTI joins forces with Poolz to launch privacy-focused MomentumX accelerator
COTI has kicked off the MomentumX accelerator in partnership with Poolz. Through this collaboration, Poolz will offer its IDO infrastructure to MomentumX and will actively seek to source new projects and developers. In turn, COTI will invest up to $1M per year in qualifying projects. The accelerator will provide projects with the MomentumX Boost Plan, a tailored support package comprising funding, marketing, business development, and legal assistance.
👉🏻 medium.com/cotinetwork/coti-and-poolz-partner-to-launch-privacy-focused-momentumx-accelerator-2ffb5b88e46f
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Lumia (LUMIA) has joined forces with Alchemy to improve its infrastructure
Lumia announces a partnership with Alchemy, a Web3 developer platform. Under this partnership, Lumia will leverage Alchemy’s Remote Procedure Call (RPC) endpoints to improve its infrastructure. Lumia is a next-gen modular Layer 2 network that provides deep liquidity, unmatched capital efficiency, and essential infrastructure for future Real-World Assets (RWAs).
👉🏻 medium.com/@Lumia.org/lumia-x-alchemy-the-next-evolution-in-rwa-infrastructure-0e73cf6c18bb
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TOP NFT Projects by Social Activity
Posts. Posts measures the number of unique social posts across all collected social channels over a rolling 24-hour timeframe.
Interactions include socially-driven engagements and actions such as likes, comments, retweets, and upvotes.
Social Dominance. Social dominance calculates the "share of voice" across all social media data.
CryptoDep | Community Chat | Twitter | Telegram
TOP AI Ecosystem Coins by Social Activity
Posts. Posts measures the number of social posts across all social channels.
Interactions include socially-driven engagements and actions such as likes, comments, retweets, and upvotes.
Social Dominance. Social dominance calculates the "share of voice" across all social media data.
CryptoDep | Community Chat | Twitter | Telegram
CARV will become the initial launch partner of Mind Network’s MindV Hubs
CARV has joined forces with Mind Network for the launch of the MindV Hubs network. CARV will integrate with Mind Network to provide its infrastructure and accelerate the development of MindV Hubs. CARV is a modular data layer that facilitates data exchange and value distribution across gaming and AI.
👉🏻 mindnetwork.medium.com/mindv-hubs-launch-unleashing-vfhes-full-potential-through-fhe-voting-b6a4a8ef171e
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Top MEME Projects by Market Capitalization
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Coin of the Day by Market Sentiment - Toncoin (TON)
TON (The Open Network) is a blockchain designed for scalable cross-chain interoperability, originally developed by Telegram.
Predict TON price movements on Oriole Insights
👉🏻 app.orioleinsights.io/projects/toncoin
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Top Liquid Staking Projects by Developer Activity (30d)
Dev.Activity - the development activity of a project done in its public Github repositories. Development Activity metrics are measured in number of Github events.
Daily Active Addresses (DAA) - the number of unique crypto addresses interacting with (sending or receiving) a particular coin on a daily basis.
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Movement Foundation unveils the $MOVE token ahead of its public mainnet launch
The Movement Foundation has introduced its native $MOVE token with a supply of 10B tokens. The firm plans to conduct its TGE on Ethereum with 40% (4B tokens) allocated to ecosystem and community initiatives. Moreover, the foundation will keep 10% (1B tokens), 17.5% (1.75B tokens) to early contributors, and 22.5% (2.25B tokens) to early backers.
Movement has secured $38M in funding led by Polychain Capital and an undisclosed investment from Binance Labs. Movement aims to build an ecosystem of modular Move-based blockchains, starting with Move Virtual Machine Layer 2 for Ethereum.
👉🏻 movementnetwork.xyz/article/movement-foundation-move-token
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Schuman Financial unveils its $7.36M seed funding round closed in September
Schuman Financial comes out of stealth with EURØP, a euro-backed stablecoin designed to streamline global digital payments. The launch follows the firm's $7.36M seed round that was closed back in September, led by RockawayX, Kraken Ventures & Nexo Ventures, with additional participation from Nexo Ventures, Gnosis VC, Delta Blockchain Fund and Bankless Ventures. Fully pegged to the euro at a 1:1 ratio and backed by cash and cash equivalents, EURØP aims to capitalize on the rising demand for regulated stablecoins in Europe.
👉🏻 theblock.co/post/328075/schuman-financial-debuts-europ-a-mica-compliant-euro-stablecoin
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Thena (THE) to become the second project on Binance HODLer Airdrops
Binance announces that Thena $THE will become the 2nd project on Binance Airdrops Portal. Users who subscribed their BNB to Simple Earn products from November 6th, 00:00 UTC to November 13th 23:59 UTC will get the airdrop distribution. Binance will then list THE on November 27th, at 10:00 AM UTC, and open trading pen trading for the HE/BTC, THE/USDT, THE/BNB, THE/FDUSD, and THE/TRY trading pairs. Thena is the DEX and liquidity layer built on BNB Chain and opBNB.
👉🏻 binance.com/en/support/announcement/introducing-thena-the-on-binance-hodler-airdrops-subscribe-your-bnb-to-simple-earn-7c06e61804694408b3401e0a380f954f
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Sophon will launch a giveaway of its 150 free nodes with Impossible Finance
Sophon kicks off the NodeDrop campaign in collaboration with Impossible Finance. Participants of the dedicated campaign on QuestN and top-performing users & top node enthusiasts will share 150 Sophon nodes, valued at around $90K. Sophon is a community-driven and entertainment-focused ecosystem built atop a modular rollup stack leveraging zkSync's Hyperchain technology, backed by Paper Ventures, Binance Labs, Maven 11, OKX Ventures, and others.
👉🏻 x.com/sophon/status/1861064302947373462
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Ankr partners with Story Protocol to power its critical infrastructure
Ankr has announced its partnership with Story Protocol, an a16z-backed infrastructure intern. Under this partnership, Ankr will operate nodes and establish RPC connections for Story, allowing developers to build faster and discover the future of on-ramping, safeguarding, and monetizing intellectual property (IP) on the network. Ankr is a cross-chain infrastructure with a DeFi platform enabling staking and dApp development.
👉🏻 x.com/ankr/status/1859286136922980450
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Binance Labs invests in Kernel, the core restaking infrastructure on BNB Chain
Binance Labs, the venture capital and incubation arm of Binance, has unveiled its investment in Kernel, the core restaking infrastructure on BNB Chain. Through this investment, Binance Labs pursues its mission to support technology that is meaningful and advances the Web3 ecosystem. Kernel will first launch on BNB Chain using BNB Liquid Staking Tokens (LSTs) and restaked BNB as economic security to support DeFi innovation on BNB Chain.
👉🏻 x.com/BinanceLabs/status/1861047279270195381
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Coin of the Day by Market Sentiment - Prom (PROM)
Prom is a modular ZkEVM Layer 2 that enables interoperability across various chains, including both EVM and non-EVM compatible networks.
Predict PROM price movements on Oriole Insights
👉🏻 app.orioleinsights.io/projects/prom
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Upcoming Token Unlocks
Let's take a look at the compilation of major upcoming token unlocks, diving into details such as dates, amounts, and projects related to tokens that are currently locked up, but will soon be released to the market. During this week, $OP, $IMX, $1INCH, $SKL, and $GRASS will have the biggest unlocks.
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Top 10 dApps on Linea by Volume (30d)
A decentralized application (dApp) is a program built on blockchain that combines a smart contract and a front-end user interface. We present the top dApps on #Linea by volume in the last 30 days, according to the data from DappRadar.
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Top Recent Crypto Fundraising Events
Presenting a list of some recent crypto fundraising events, backed by well-known investors such as Paradigm, a16z crypto (CSX), Pantera Capital, Hack VC, Polychain, ParaFi, Coinbase Ventures, Spartan, IOSG Ventures, Wintermute, DCG, Kraken, Aptos, Polygon, and others. Let's take a look!
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Crypto News Digest: Key Updates You Need to Know
This digest provides a quick overview of the most significant cryptocurrency news, that's worth your attention.
CryptoDep | Community Chat | Twitter | Telegram
