pSTAKE (PSTAKE) unveiled YBTC, the yield-optimized Bitcoin token on Babylon
YBTC is a yield-optimized LST that generates yields through native BTC staking, restaking, and liquidity farming across multiple DeFi ecosystems. YBTC token launch is expected in mid-November. pSTAKE Finance is a Bitcoin yield protocol backed by Binance Labs.
👉 x.com/pStakeFinance/status/1846944134965129220
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
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.
Worldcoin rebrands to World and launches its L2 mainnet
World Chain is the Layer 2 blockchain network connected to the project. Optimism, Alchemy, Uniswap, Safe, Dune and Etherscan will support the blockchain's launch. Worldcoin is an iris biometric identification platform powered by blockchain.
👉 world.org/blog/announcements/introducing-world-app-3-super-app-humans
Kraken introduced its wrapped Bitcoin kBTC on Ethereum and OP Mainnet
kBTC is a cross-network compatible ERC-20 token, fully backed 1:1 by an equivalent amount of BTC custodied at Kraken Financial. The launch partners include deBridge, Definitive, ParaSwap, and Yearn. kBTC launched just a month after Coinbase introduced cbBTC.
👉 blog.kraken.com/news/kbtc
Web Traffic Spotlight in September: NFT Marketplaces
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 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.
XION (XION) announced an integration with Union
The integration brings Chain Abstraction to any L1 and L2 ecosystem via Union’s modular ZK interoperability layers that unify and scale numerous protocols. XION is the Layer 1 blockchain purpose-built for mainstream adoption through Generalized Abstraction.
👉 xion.burnt.com/blog/xion-union-chain-abstraction-integration
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.42T (-0.08%)
BTC Price: $67,285 (+0.14%)
BTC Dominance: 55.0% (+0.10%)
Fear & Greed Index: 71 (Greed)
Total Value Locked: $141B (+1.19%)
Tomo Wallet goes live via Telegram mini-app
Tomo Wallet is a multi-chain wallet built directly into Telegram, allowing users to send, receive, swap tokens across chains, buy memecoins, on- and off-ramp, and more. Among supported networks are Bitcoin, Ethereum, Solana, Scroll, Optimism, etc.
👉 medium.com/tomoinc/tomo-wallet-is-now-on-telegram-crypto-right-where-you-chat-214ca4fc88b4
Binance Labs announced an investment in Lombard to connect BTC to DeFi
Lombard is a developer and distributor of LBTC, a Bitcoin LST that allows users to earn a yield on Bitcoin while leveraging assets in DeFi. Lombard holds 40% of Bitcoin LST market, with over $500M in TVL. Lombard is a Bitcoin liquid staking platform built on Babylon.
👉 theblock.co/post/321450/binance-labs-bitcoin-liquid-staking-lombard
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
Opacity Network has closed a $12M Seed funding round
The funding was led by Archetype, Breyer Capital, with participation from a16z Startup Accelerator, Finality Capital and Bodhi Ventures. Opacity is a data verification network using zero-knowledge proofs, enabling users to verify information without revealing details.
👉 x.com/OpacityNetwork/status/1846239543403688030
Towns has rolled out its on-chain messaging platform
Towns aims to give users “full ownership and control of data” while also ensuring transparency. It resembles other messaging apps like Discord and Slack but is hosted on a blockchain and uses the technology to let users create, own and manage their communities.
👉 x.com/townsxyz/status/1846167943471943908
Azra Games raised $42.7 million in a funding led by Pantera Capital
Other investors includes a16z crypto, a16z Games, and NFX. The funding brings Azra’s total funding to $68.3 million. Funds will be used to accelerate development of Project Legends mobile role-playing game. Azra is a blockchain-based game developer.
👉 venturebeat.com/games/azra-games-raises-42-7m-for-next-generation-mobile-rpg-with-web3-features
Scroll (SCR) to conduct its initial listing on Binance on October 22
SCR trading goes live under SCR/BTC, SCR/USDT, SCR/FDUSD, and SCR/TRY trading pairs on October 22, 8:00 AM UTC. Previously, Scroll completed Binance Launchpool and launched Pre-Market trading. Scroll is a zkEVM-based zkRollup on Ethereum.
👉 binance.com/en/support/announcement/binance-will-end-the-scroll-scr-pre-market-and-list-scroll-scr-with-seed-tag-applied
Hatom (HTM) launches Booster V2 and USH Devnet on Oct 28th
Booster V2 will be available for testing with the USH Devnet release and support multiple token types, unlimited staking, integrated xExchange management, and much more. Hatom is an algorithmic protocol for lending, borrowing, and staking on MultiversX.
👉 x.com/HatomProtocol/status/1846857197277298860
Plume Network announced a partnership with Projective Finance
Thanks to a new partnership, Plume made $100M worth of solar assets available to all users who want to earn yield. They are projecting a yield from 9% to 18%. Plume Network is a modular Layer 2 blockchain dedicated for all real world assets.
👉 theblock.co/post/321523/rwa-tokenization-startup-plume-network-says-it-has-100-million-in-solar-assets-available-to-users-keen-to-earn-yield
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.44T (+0.23%)
BTC Price: $67,976 (+1.14%)
BTC Dominance: 55.2% (+0.20%)
Fear & Greed Index: 73 (Greed)
Total Value Locked: $141B (-0.18%)
zkPass raised $12.5 million in Series A funding at a $100 million valuation
Investors in the round included dao5, Animoca Brands, Flow Traders, Amber Group, IOBC Capital, Signum Capital, MH Ventures and WAGMI Ventures. zkPass is a privacy-preserving protocol for data verification. zkPass token is expected to launch in Q1 2025.
👉 theblock.co/post/321723/zkpass-funding-token-valuation
Yellow Card raised $33 million in the Series C funding round
Blockchain Capital led the Series C funding with participation from Polychain, Third Prime, Castle Island, Block. Inc., Galaxy, Blockchain Coinvestors, Hutt Capital, and Winklevoss. Investment brings Yellow Card’s total funding to at least $88 million. Yellow Card is the first licensed stablecoin on/off ramp on the African continent.
👉 techcrunch.com/2024/10/16/african-crypto-startup-yellow-card-raises-33m
RWA Inc. (RWA) has launched RWA Launchpad on testnet
Users will receive testnet RWA tokens and will be able to join test launch pools and staking. They can also explore the platform and read through the documentation. RWA Inc. is an advanced tokenization ecosystem with multiple unique features.
👉 x.com/RWA_Inc_/status/1846189771795710099
Radiant Capital (RDNT) appears to suffer $51 million exploit
Radiant is controlled by a multi-signature, or "multisig" wallet with 11 signers. The attacker obtained three of these "private keys," which was enough to upgrade the smart contracts.
👉 theblock.co/post/321606/radiant-capital-appears-to-suffer-51-million-exploit-on-its-bnb-chain-and-arbitrum-instances
Crypto Events Recap, October 15-16
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-october-15-16-2024
Top-15 tokens by Price Bounce in the last 30 days
Presenting the tokens that showed the most significant growth from their lows in the last 30 days.
Binance will support the Kaia (KLAY) rebranding to Kaia (KAIA)
Binance will delist all existing KLAY spot trading pairs and cancel all pending KLAY trading orders on Oct 28, 3:00 AM UTC. The KAIA/USDT trading pair goes live on Oct 31, 8:00 AM UTC. Kaia is a new blockchain platform formed by merger of Klaytn and Finschia.
👉 binance.com/en/support/announcement/binance-will-support-the-kaia-klay-rebranding-to-kaia
Top-15 Total Value Locked (TVL) gainers in the last 30 days
Among the top performers are Flux Finance, a decentralized lending platform supporting permissioned assets, Capybara Exchange, the launchpad and decentralized exchange on kaia chain, and Predict Fun, the yield-bearing prediction market built on Blast.
Bitnomial raised $25M in a Series C round led by Ripple
Along with the funding, Bitnomial launched a trading platform in the United States allowing its users to trade perpetual futures, traditional futures, and options. The announcement follows Bitnomial's filing last week of a lawsuit against the U.S. SEC.
👉 x.com/Bitnomial/status/1846188841381593591
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.41T (+0.34%)
BTC Price: $66,904 (+1.58%)
BTC Dominance: 54.9% (+0.70%)
Fear & Greed Index: 73 (Greed)
Total Value Locked: $140B (-1.45%)