Tether-backed Quantoz launches new MiCA-compliant stablecoins
USDQ and EURQ will be available for trading on Bitfinex and Kraken on November 21. Quantoz will hold 2% of the token on its balance sheet following MiCA regulations. Tether, Kraken, and Fabric Ventures will invest an undisclosed sum in the company.
👉 theblock.co/post/326982/tether-backed-quantoz-launches-mica-compliant-stablecoins-usdq-eurq
Bonk Inu (BONK) kicked off the 1 trillion BONK burning campaign
Users will be able to increase burned BONK amount by publishing Twitter (X) posts using #LetsBONK, subscribing to IG, Tiktok, & Youtube, among many others activities. BONK is one the largest meme coins on Solana blockchain.
👉 x.com/bonk_inu/status/1857465407801798732
Off the Grid has announced all-stars streamer tournament
The tournament kicks off on November 20th. Top 60 North American streamers will compete for $600K. Previously, Gunzilla launched a Clash for Cash tournament with a $3K daily prize pool. Off the Grid is a cyberpunk-styled F2P battle royale game.
👉 x.com/playoffthegrid/status/1857144826220904676
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $3.22T (-0.87%)
BTC Price: $91,810 (+0.73%)
BTC Dominance: 56.4% (-0.20%)
Fear & Greed Index: 83 (Extreme Greed)
Total Value Locked: $178B (+1.14%)
MAJOR UPCOMING EVENTS IN NOVEMBER!
A full list of Major Upcoming Events, to be updated
👉 https://cryptodiffer.com/events
Sharpe AI (SAI) launches a $6 million fund to support next-generation AI projects
Funding will empower projects ranging from AI chatbots to non-custodial on-chain indices and data infrastructure designed for LLM. Six projects are currently being supported, with one scheduled a launchpad sale on Sharpe AI on late November.
👉 x.com/SharpeLabs/status/1857303218813907057
Web Traffic Spotlight in October: Centralized Exchanges
Web traffic info shows how many users visited a website. The website viewership helps understand the popularity of the website, website audience geography, and other valuable details.
Data provided by similarweb.com
Wyden raised $16.9 million in a Series B funding led by Truffle Capital
Other investors in round include Sygnum, C3 Venture Capital, FiveT, PostFinance. Funding follows the launch of Wyden Infinity, a new cloud-native product for automation of digital asset trade lifecycle. Wyden is a digital asset trading company for institutional investors.
👉 wyden.io/intelligence/wyden-secures-usd-16-9-million-in-series-b-funding-round
Tether launched Hadron, an RWA tokenization platform
Tether’s new platform aims to offer a vast variety of asset types and specifically mentions the tokenization of stocks, bonds, stablecoins, and loyalty points. Tether is an operator of USDT, the world's largest stablecoin, expanding into new businesses and investments.
👉 tether.io/news/hadron-by-tether-platform-brings-simplified-asset-tokenization-to-the-mass-market/
Folks Finance closed a $3.2M Strategic funding led by Borderless
Funding participants include Mapleblock Capital, SOVO, Selini Capital, Dewhales, DEXT Force Ventures, Algorand Foundation, DuckDAO, BlackDragon & DIB Ventures. Folks Finance is the cross-chain DeFi app offering a full suite of DeFi tools.
👉 x.com/FolksFinance/status/1857088365306212421
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $3.05T (-4.58%)
BTC Price: $88,101 (-2.89%)
BTC Dominance: 57.2% (+0.10%)
Fear & Greed Index: 80 (Extreme Greed)
Total Value Locked: $169B (-4.85%)
Franklin Templeton expands its $410 million FOBXX fund to Ethereum
The OnChain U.S. Government Money Market Fund (FOBXX) can now be traded on the Ethereum blockchain. The fund is already available on Base, Aptos, and Avalanche. Launched in 2021, FOBXX became the first money market fund to use a public blockchain to track transactions and ownership.
👉 coindesk.com/business/2024/11/14/franklin-templeton-expands-410m-money-market-fund-to-ethereum-blockchain
Web Traffic Spotlight in October: Decentralized Exchanges
Web traffic info shows how many users visited a website. The website viewership helps understand the popularity of the website, website audience geography, and other valuable details.
Data provided by similarweb.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.
Gunzilla-backed Off the Grid kicked off Clash for Cash tournament
Users can compete to earn the highest score in Off The Grid’s Extraction Royale mode. The top 10 players by score are awarded cash prizes daily at 20:00 UTC. Off the Grid is a next-gen cyberpunk-styled F2P battle royale game built on the GUNZ blockchain.
👉 gameoffthegrid.com/otg-clash-for-cash/
UniLend (UFT) launches Numa Network on November 21st
Numa is a protocol offering gas sponsorship and gasless transaction capabilities to address the challenges of high gas fees and improve accessibility for DeFi users. UniLend is a DeFi protocol that provides a unified interface, seamlessly integrating multiple functionalities.
👉 x.com/UniLend_Finance/status/1857479492861870183
Blockchains by the number of dApps growth in the last month
This infographic highlights the top-10 blockchains that have experienced the highest growth in dApps over the last 30 days. It presents key statistics on the number of new dApps, showcasing which blockchains are leading in innovation and user adoption.
Binance Pool has kicked off Fractal Bitcoin (FB) merged mining
With this new merged mining feature, users on Binance can participate in BTC mining and receive Fractal Bitcoins in their external wallet address as a reward. Fractal is a layer 2 side-chain Bitcoin scaling solution which uses the Bitcoin core code to scale.
👉 binance.com/en/support/announcement/binance-pool-fractal
Projects that will hold its initial listing next week
Presenting the list of the anticipated projects that have already announced their initial listing and plan to enter the crypto market within the next 7 days. The list includes Bitfinity, Zyfi, MicroGPT, Ponder and MemeFi.
Crypto Events Recap, November 14-15
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-november-14-15-2024
XION (XION) Pre-Market is live on multiple exchanges
XION is now available for Pre-Market trading on Bybit, KuCoin, Gate, Helix, Bitget, and MEXC. Pre-Market price - $5.70. XION is an L1 blockchain purpose-built for mainstream adoption through Generalized Abstraction.
👉 x.com/burnt_xion/status/1857260099439558741
South Korea’s Financial Intelligence Unit (FIU) probes Upbit for ~600,000 KYC violations
Due to the alleged customer verification violations, Upbit reportedly faces fines of $71,500 per case, in addition to possible issues with business license renewal. Founded in 2017, Upbit is the largest crypto exchange in South Korea, trading $2.2B daily.
👉 cointelegraph.com/news/upbit-kyc-violations-license-renewal-south-korea
Top-15 Total Value Locked (TVL) gainers in the last 30 days
Among the top performers are Echo Lending, a BTC liquid restaking protocol and yield Infrastructure, Cygnus Restake, a non-custodial cross-chain restaking protocol, and bnSOL, the tokenized representation of SOL staked by Binance.
Portal Ventures raised $75M for its pre-seed crypto fund
The fund is backed by a16z’s Marc Andreessen and Chris Dixon, along with the contributions from Accolade Partners, Theta Capital, and CrossLayer Capital. The fund invests in only one founder per category, with a strong emphasis on Bitcoin programmability.
👉 cointelegraph.com/news/portal-ventures-raises-75-m-pre-seed-crypto-fund
Ponder (PNDR) launches its token via KuCoin BurningDrop
The subscription will take place today. KuCoin users will be able to mine PNDR by staking KCS on November 16 - December 6. Tokens Allocated for the platform: 2.0M PNDR. Ponder is an AI-powered comparison engine for all Web3 trends.
👉 kucoin.com/announcement/en-ponder-pndr-is-available-on-burningdrop
Primex (PMX) introduced an Incentivized Liquidity Mining Program
During the Program, participants earn points based on their activities from different roles in the ecosystem - Lender, Farmer and Trader. A total of 30,000,000 PMX was reserved for campaign distribution. The first stage is expected to launch on November 15.
👉 x.com/primex_official/status/1856787644602314850
Lumia (LUMIA) announced an integration with API3 (API3)
Lumia now supports API3’s Oracle Stack, unlocking access to over 170 data feeds through the API3 Market and OEV Network. The integration enables developers to tap into decentralized data feeds (dAPIs) powered by first-party Oracle nodes.
👉 medium.com/@Lumia.org/lumia-x-api3-powering-next-level-decentralized-data-feeds-5641b029dec7
COTI (COTI) and Soda Labs released cross-chain privacy layer
Cross-chain privacy layer functions across 70+ networks providing confidentiality to a wide range of DeFi and Web3 apps. Enterprises and developers on other chains will be able to access privacy-on-demand without having to move from their native chain.
👉 medium.com/cotinetwork/coti-announces-privacy-on-demand-for-all-major-blockchains-4b6ae4c563de
Credefi (CREDI) has partnered with Marshland Capital Group
The partnership is focused on liquidity provision for the CREDI token trading pairs. It comes right after the token burn event that saw ~1M CREDI burned. Credefi is a lending FinTech solution to connect crypto lenders & SME borrowers from the real economy.
👉 x.com/credefi_finance/status/1856759920298782819
Notabene has closed a $14.5M Series B funding round
The round was led by DRW VC, with participation from Wintermute, CMT Digital, F-Prime, Illuminate Financial, Green Visor Capital, Jump Capital, ParaFi and Y Combinator among others. Notabene is the crypto payment authorization network.
👉 notabene.id/post/notabene-raises-14-5m-in-series-b-funding-led-by-drw-vc-to-drive-the-future-of-stablecoins-and-payments