XION (XION) kicks off Chain Abstraction for Plume Network
Through the integration with Plume, the RWA ecosystem will onboard new users by leveraging XION’s simplified Web3 UX, an ecosystem of apps, an expansive network of integrated chains, and an active user base of over 3.5M users.
XION is the L1 purpose-built for mainstream adoption through Generalized Abstraction. Previously, XION introduced XION, the utility token powering the XION Proof-of-Stake network.
👉 x.com/burnt_xion/status/1831700906263409142
Halo Capital raised $25 million for a new fund focused on digital asset
Halo Capital, based in New York, was officially announced this week by the 27-year-old Howard and Bhavin Vaid. Both recently worked at crypto-focused private equity firm 10T Holdings. Halo will invest in all categories from Bitcoin to decentralized AI sector.
👉 bloomberg.com/news/articles/2024-09-05/alan-howard-s-son-starts-a-crypto-venture-fund-with-colleague
Projects with the lowest Fully Diluted Valuation listed on Coinbase
We have prepared a list of the lowest-valued projects listed on the biggest US exchange that may bring its investors decent returns.
Top-15 Market Capitalization Gainers in the last 30 days
Among the top performers are Tenset, a launchpad for crypto startups, Artrade, an eco-responsible application dedicated to NFTs, and Sun, the first memecoin fair launch platform on TRON.
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.10T (+0.75%)
BTC Price: $57,183 (+0.68%)
BTC Dominance: 53.8% (0.00%)
Fear & Greed Index: 29 (Fear)
Total Value Locked: $126B (+1.75%)
Binance reveals upcoming Solana Liquid Staking token BNSOL
The so-called BNSOL will allow users to unlock liquidity, enjoy continuous reward accumulation, and seamlessly participate in both the Binance platform and the broader DeFi ecosystem. Official announcement will be dropped later this month.
👉 theblock.co/post/314497/binance-reveals-details-of-upcoming-solana-liquid-staking-token
Top-15 Cross-Chain Bridges by volume in the last 30 days
A cross-chain bridge is a type of decentralized application that enables the transfer of assets from one blockchain to another.
Polygon rolls out major upgrade replacing MATIC token with POL
The upgrade establishes POL as the native gas and staking token. In the future, POL will secure other chains within Polygon’s broader “aggregated” network, including the AggLayer. This transition is a key part of “Polygon 2.0” roadmap, introduced last year.
👉 x.com/0xPolygon/status/1831097340482166908
Creator.Bid rolled out V2 of its AI Creator Agent Launchpad
V2 streamlines content creation by enhancing the GPT interface with new features, improving efficiency and ensuring alignment with the user’s brand. Creator.Bid is the hub for the AI creator economy, allowing everyone to create, market, and co-own AI Agents.
👉 x.com/CreatorBid/status/1830996251837685952
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.08T (-4.88%)
BTC Price: $56,831 (-3.59%)
BTC Dominance: 53.8% (-0.10%)
Fear & Greed Index: 27 (Fear)
Total Value Locked: $124B (-4.57%)
Web3 social platform UXLINK (UXLINK) has been listed on Upbit
Trading is now available via UXLINK/USDT, UXLINK/KRW, and UXLINK/BTC pairs. Deposits and withdrawals are live via Arbitrum Network. UXLINK is a Web3 social platform and infrastructure. Early today, UXLINK also received an investment from Animoca Brands.
👉 x.com/Official_Upbit/status/1830912861943857462
Top NFT Collections by Market Cap
NFT Collection Market cap is equal to the floor price multiplied by the collection total NFTs supply.
Top Base Layer 2 dApps by the number of users in the last 30D
The infographic depicts the Top-12 Base Layer 2 dApps sorted by the number of Unique Active Wallets interacting or performing a transaction with a dApp's smart contracts in the last 30 days.
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.16T (+1.54%)
BTC Price: $59,041 (+1.69%)
BTC Dominance: 53.9% (-0.10%)
Fear & Greed Index: 26 (Fear)
Total Value Locked: $130B (+2.36%)
The biggest Fundraising Rounds conducted in the last 7 days
Projects that received the most funding are Bridge ($58M), a stablecoin-based payments platform, Edge Matrix ($20M), a multichain infrastructure company, and Space and Time ($20M), a verifiable compute layer for AI and Blockchain.
Mastercard partners with Mercuryo to launch a euro-denominated crypto debit card
In the collaboration, Mastercard enabled a new euro-denominated debit card that allows users to spend cryptocurrencies stored on self-custodial wallets at more than 100 million merchants in Mastercard network.
👉 cointelegraph.com/news/mastercard-non-custodial-crypto-spending-card
Balance raised $30 million in funding led by Andreessen Horowitz (a16z) and Galaxy Interactive
Other investors in two funding rounds also include Animoca Brands, Aptos Labs, K5, DWF Ventures, Gate Labs, AMBER, MarbleX, Taisu Ventures, among others. Balance is a new AI-powered blockchain experience platform, created by E-PAL.
👉 chainwire.org/2024/09/05/e-pal-launches-web3-experience-infrastructure-balance-raising-30-million-from-a16z-galaxy-and-others
Synthetix (SNX) unveiled its app chain, dubbed SNAXchain
SNAXchain, based on Optimism’s Superchain infrastructure, will serve as a hub for governance and protocol decisions as Synthetix expands to more chains. It is developed in partnership with Conduit for chain infrastructure and Wormhole for cross-chain messaging.
👉 x.com/synthetix_io/status/1831391360320233651
Mirada AI (MIRX) will hold its multi-IDO on September 13th
MIRX IDO will take place on Carbon Launchpad, Eesee, Poolz, HyperX Pad and Ape Terminal. Sale price is 1 MIRX = 0.01. Total IDOs Hard Cap is $750,000. Fully Diluted Valuation is $10M.
Mirada AI is a decentralized AI tool backed by Poolz Ventures and Carbon Ventures that offers image generation, face swap, animation, LLM chat, image upscaling, and more.
👉 x.com/miradaai/status/1831328657106776405
Crypto Events Recap, September 3-4
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-september-3-4-2024
Penpie Protocol (PNP) suffered an exploit with around $27 million in assets stolen
The alleged exploiter drained various types of staked ether (ETH), Ethena's sUSDE and wrapped USDC stablecoin from the protocol according to on-chain data. Pendle confirmed the security compromise and paused all contracts as a precautionary measure.
👉 coindesk.com/tech/2024/09/03/defi-protocol-penpie-exploited-for-27m-of-crypto-assets-pnp-token-craters-40
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 Artificial Intelligence (AI) Coins by Market Capitalization
These digital assets are in the front row of revolutionizing the crypto market by ushering in an era where transactions aren't just secure but smart, thanks to AI-driven smart contracts.
Arbitrum (ARB) introduced Arbitrum Stylus on mainnet
Stylus, a backward-compatible virtual machine, allows developers to build on Arbitrum using the WebAssembly compatible languages such as Rust, WASM, and LLVM. Arbitrum is an Ethereum scaling solution developed by Offchain Labs.
👉 blog.arbitrum.io/arbitrum-stylus-mainnet/
NATIX burning is now live with over 8.5M NATIX burned so far
The initial burn saw 8.5M+ NATIX destroyed from withdrawal fees and marketplace revenue. For the next 6 months, the burning process will occur on a bi-monthly basis. NATIX Network is the AI-powered dynamic map supercharged by DePIN.
👉 natix.network/blog/depin-token-over-8m-natix-burnt
Web3 security firm Hypernative raised $16 million in Series A funding
Quantstamp led the Series A funding round with participation from Bloccelerate VC, Boldstart Ventures, Borderless Capital, CMT Digital, IBI Tech Fund, and Re7 Capital. The round was structured as equity, bringing Hypernative’s total funding to $27 million.
👉 theblock.co/post/314305/web3-security-firm-hypernative-series-a-funding
Kroma Layer 2 has closed a Series A funding round
Among investors are Gate Ventures, Planetarium, Taisu Ventures, The Spartan Group, Waterdrip Capital, Iskra, Overtake, Xstar and more. Kroma is Asia’s leading Layer 2 solution, designed to make Web3 accessible through intuitive, gamified real-life dApps.
👉 x.com/kroma_network/status/1830463310845841527
Tomo has rolled out its all-in-one social wallet
Tomo Wallet allows users to log in effortlessly with social accounts and supports multiple chains, with a particular emphasis on bringing Bitcoin into EVM, Solana and Cosmos ecosystems. Tomo Wallet is now live on Google Play, App Store and Google Chrome.
👉 x.com/tomo_wallet/status/1830621687672639528
Crypto Events Recap, Aug 31 - Sep 2
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-aug31-sep2-2024
AutoLayer (LAY3R) to conduct its IDO on Poolz on September 12
LAY3R token sale price is $0.65. Vesting: 15% unlock at TGE followed by a 6 months linear vesting. Diluted Valuation is $19.5M. AutoLayer is the premier LRTfi hub on Arbitrum offering to its users a one-click Liquid Restaking and Staking.
👉 https://x.com/Poolz__/status/1830576420927508677