Jito (JTO) launches the first phase of the (Re)staking campaign
Beginning on October 30, users can boost staking rewards by providing economic security for key Solana infrastructure via SOL and SOL LSTs assets. Jito (Re)staking cap will be set at $25 million with deposits available through the homepage, as well as VRT vault managers Renzo, Kyros, and Fragmetric.
👉 jito.network/blog/jito-re-staking-deposits-launch-phase1
Alchemy Pay (ACH) unveiled plans to launch Layer 1 chain
Alchemy Chain, built on a scalable Solana Virtual Machine, will integrate advanced Layer 2 solutions that enable seamless account mapping and data synchronization. Alchemy Pay is a company that connects the fiat and crypto economies globally.
👉 x.com/AlchemyPay/status/1850886170827161779
Crypto Events Recap, October 26-28
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-october-26-28-2024
Bored Apes' Otherside builder Improbable to develop Layer 1 blockchain Somnia
Gaming technology startup Improbable has announced plans to develop its own L1 blockchain, Somnia, which claims will process over 400,000 transactions per second with sub-second latency and EVM compatibility. Somnia to launch in Devnet in coming weeks.
👉 decrypt.co/288261/bored-apes-improbable-layer-1-blockchain-somnia
bitSmiley (SMILE) closed a $10 million Round 2 funding
Investors in round include NxGen, IBC Group, Pragma Ventures, Zephyrus Capital, DCI, KuCoin Ventures, Cypher Capital, MH Ventures, NewTribe Capital, and Kinetic Kollective. bitSmiley is a stablecoin, lending, and derivatives protocol for Bitcoin ecosystem.
👉 x.com/bitsmiley_labs/status/1850870433949835355
Tether expands its USDT stablecoin to the Aptos L1
USDT’s integration on Aptos will bring low gas fees “costing only a fraction of a penny.” Previously, Tether presented a preview of its Local AI development kit powered by peer-to-peer technology.
👉 x.com/Tether_to/status/1850855414897725638
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.42T (-0.13%)
BTC Price: $68,171 (+1.69%)
BTC Dominance: 55.8% (+0.20%)
Fear & Greed Index: 72 (Greed)
Total Value Locked: $139B (+0.29%)
Crypto Events Recap, October 24-25
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-october-24-25-2024
Top 15 Staking Providers by Total Assets Under Management
The ranking shows the cumulative worth of all the assets entrusted to the provider's management, encompassing various forms of staking and delegation activities. A higher AUM (Assets Under Management) suggests substantial user trust, while a lover AUM might indicate a more specialized or selective approach.
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
Grass (GRASS) to conduct its initial listing on Bybit on October 28th, 14:00 UTC
To celebrate the listing, Bybit will also launch Token Splash campaign with 200,000 GRASS in rewards. On the same day, users will be able to claim Airdrop One. Grass is a network of over 2 million people who are earning rewards for sharing unused internet bandwidth.
👉 x.com/Bybit_Official/status/1849526276622635205
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.41T (-1.68%)
BTC Price: $67,391 (+0.36%)
BTC Dominance: 55.4% (+0.50%)
Fear & Greed Index: 72 (Greed)
Total Value Locked: $142B (-1.29%)
Kraken unveiled its Ethereum L2 built using the OP Stack
The Ink Layer 2 blockchain scheduled to launch in early 2025 in partnership with Zora. It is designed to offer permissionless access to DeFi applications, including trading, lending and borrowing services. Ink Testnet is expetted to launch later this year.
👉 theblock.co/post/322879/kraken-ethereum-layer-2-ink-op-stack
Plume Network joined the Enterprise Ethereum Alliance
The EEA brings together leaders from various industries, including Fortune 500 companies, startups, and blockchain projects such as J.P. Morgan, Microsoft, Consensys, Chainlink, among others. Plume is the first fully integrated and modular chain focused on RWAfi.
👉 x.com/plumenetwork/status/1848796826411163950
peaq (PEAQ) to launch its DePIN L1 protocol on November 12
peaq is a multi-chain Layer 1 capable of scaling beyond 10,000 TPS while maintaining a minimal transaction cost purposely built & optimized for DePIN and Machine RWA. Previously, it raised $20M through CoinList ICO and $23.5M in private funding.
👉 x.com/peaq/status/1850879241061036429
Bitlayer (BTR) has kicked off Mining Gala Season 3
Phase 3 of the "Genesis Mining Festival" is an event featuring $10M BTR rewards organized with RollDex, Jasper Vault, DeSyn Protocol, Avalon, VolaArk, and Lorenzo. Bitlayer is the first Bitcoin Layer 2 solution based on the BitVM paradigm.
👉 x.com/BitlayerLabs/status/1851116185116684762
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.52T (+2.54%)
BTC Price: $71,169 (+3.79%)
BTC Dominance: 56.0% (+0.20%)
Fear & Greed Index: 72 (Greed)
Total Value Locked: $144B (+3.68%)
The biggest Fundraising Rounds conducted in the last 7 days
Projects that received the most funding are Sollong ($30M), a physical infrastructure network, Bluesky ($15M), a social media platform, and Gelato ($11M), rollup-as-a-servise provider.
Rollup development platform Gelato raised $11 million in a Series A+ funding
Hack VC led the round with participation from Animoca Brands, IOSG, Bloccelerate VC, among others. The latest round brings Gelato’s total fundraising to $23.2 million. The rollup also announced Kraken’s new L2 Ink blockchain as a customer.
👉 theblock.co/post/323265/gelato-raises-11-million-usd-unveils-kraken-layer-2-ink-as-customer
Top-15 tokens by Current ROI launched this Autumn
Among the top performers are DeepBook, a liquidity layer providing the infrastructure for financial projects building on Sui, Eigenpie, a Liquid Restaking Platform, and Reflection AI, a platform that simplifies the use of advanced AI tools.
FTX (FTT) drops its lawsuit against Bybit in a $228M settlement
The settlement will allow FTX’s liquidation estate to reclaim $175M in crypto held on Bybit accounts. FTX will also sell to Mirana Ventures (Bybit's investment arm) over 105M BIT tokens valued at ~$52.7M.
👉 theblock.co/post/323199/ftx-agrees-to-drop-lawsuit-against-bybit-in-228-million-settlement
MAJOR UPCOMING EVENTS IN OCTOBER-NOVEMBER!
A full list of Major Upcoming Events, to be updated
👉 https://cryptodiffer.com/events
Trending NFT Collections on major NFT Marketplaces
Presenting the top NFT Collections sorted by 7-day floor price growth currently trending on marketplaces such as OpenSea, Blur, Magic Eden, Tensor, and Unisat. Among the best performers are Squiggly, Friendship Bracelets, RTFKT X NIKE, MetaHero, 0xmons.
Decentralized social media platform Bluesky raised $15 million in Series A funding
Blockchain Capital led Series A funding with participation from Alumni Ventures, True VC, SevenX, and other investors. Bluesky now exceeds 13M users with highly requested features like direct messages and video and AT Protocol developer ecosystem.
👉 bsky.social/about/blog/10-24-2024-series-a
Top-15 Monthly Social Volume Gainers
Social Volume refers to the overall count of social media messages, posts, and metadata from the internet that include terms related to a specific cryptocurrency project.
Ankr integrates TON to help developers build Telegram apps
By using Ankr's API, devs will no longer need to deploy or maintain nodes to access on-chain data and will be able to take advantage of an instant connection to TON. Ankr is a cross-chain infrastructure with a DeFi platform enabling staking and dApp development.
👉 ankr.com/blog/start-building-telegram-centric-d-apps-on-ton-with-our-newest-rpc/
Binance Labs announced an investment in Moonwalk Fitness
Moonwalk is a fitness accountability app that combines gamification and financial incentives to promote healthier lifestyles. The app encourages users to hit daily step goals by staking USDC, SOL, BONK. Moonwalk scheduled an iOS, Android app release soon.
👉 binance.com/en/blog/ecosystem/binance-labs-invests-in-moonwalk-fitness-to-gamify-fitness
GnosisDAO introduced a new $40M Venture Fund targeting RWA, infrastructure and payments
GnosisDAO will invest $20 million in the fund while the remaining half will come from external LPs. The fund will be partially governed by GNO token holders. The GnosisVC already made preliminary investments in Monerium and Naptha AI projects.
👉 theblock.co/post/322895/gnosisdao-is-launching-a-new-40-million-venture-fund-targeting-real-world-assets
Zyfi (ZFI) to conduct its token sale on Impossible Finance
Staking period is now live and will last till Oct 31. Purchase will be available during 24H starting on Oct 31, 2:00 PM UTC. Token sale price is $0.04. Sale Hard Cap is $350,000. Public Sale Valuation is $20,000,000. ZyFi is the leading Gas Abstraction layer on ZKsync.
👉 blog.impossible.finance/ido25-zyfi