Zircuit Layer 2 has received an investment from Binance Labs
Investment in Zircuit comes ahead of the network's mainnet launch this summer. Zircuit is a Layer 2 network that introduces a novel approach to on-chain security. The network safeguards users with sequencer-level security and built-in, automated AI mechanisms.
👉 binance.com/en/blog/ecosystem/binance-labs-invests-in-zircuit
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.59T (-2.69%)
BTC Price: $67,390 (-2.82%)
BTC Dominance: 51.4% (0.00%)
Fear & Greed Index: 74 (Greed)
Total Value Locked: $166B (-2.94%)
The biggest Fundraising Rounds conducted in the last 7 Days
Projects that received the most funding are Avail ($ 43M), an Ethereum data network, M^ZERO ($ 35M), a decentralized cryptodollar issuance protocol, and The Sandbox ($20M), a user-generated content metaverse platform.
Zyfi has closed a $2 million Private Fundraising Round
Fundraising participants include Tenzor Capital, Everstake Capital, v3ntures, Majinx Labs, ZBS Capital, Alpha Praetorian Capital, NxGen, and several angel investors. Zyfi is a Paymaster-as-a-Service that focuses on flexibility and ease of integration.
👉 x.com/Zyfi_org/status/1800172015191773584
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
Aark (AARK) conducted its initial listing on multiple exchanges
The AARK trading is now live on ByBit, Camelot, Bitget and Gate. Current ROI is 2.23x. Diluted Valuation is $78.0M. Aark is a 1000x Perpetual DEX, powered by LST and LRT liquidity on Arbitrum.
👉 x.com/Aark_Digital/status/1800077342225904046
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.66T (-0.38%)
BTC Price: $69,432 (+0.19%)
BTC Dominance: 51.4% (+0.30%)
Fear & Greed Index: 72 (Greed)
Total Value Locked: $171B (+0.44%)
MAJOR UPCOMING EVENTS IN JUNE!
A full list of Major Upcoming Events, to be updated
👉 https://cryptodiffer.com/events
Top-15 Projects by Daily Active Addresses (DAA) growth in the last 30 days
Daily Active Addresses is the number of distinct addresses that participated in a transfer for the given asset on any given day. Each address is counted only once for the day.
Web Traffic Spotlight in May: 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 similаrwеb.соm
Aark (AARK) has announced its initial listing on multiple exchanges
The AARK trading will go live on Bybit, Gate, and Bitget on June 10th at 8:00 AM UTC. Deposits and withdrawals will be available via the Arbitrum Network. Aark is a 1000x Perpetual DEX, powered by LST and LRT liquidity on Arbitrum.
👉 x.com/Bybit_Official/status/1799018469368988009
Solv Protocol (SOLV) and Binance Web3 Wallet launched a joint promotion
To join the 150,000 SOLV campaign that will last until June 17th, users need to stake and lock a minimum of 0.0001 BTCB for SolvBTC on BNB Chain via Solv Protocol. Solv Protocol is a native yield platform powered by decentralized asset management infrastructure.
👉 x.com/SolvProtocol/status/1797902745837641766
Mountain Protocol closed an $8M Series A funding round
The funding was led by Multicoin Capital, with Castle Island Ventures, Coinbase Ventures, BanklessVC, Wormhole Fund, Aptos and other investors participating. Mountain Protocol is the issuer of USDM, a yield-bearing stablecoin backed entirely by U.S. Treasuries.
👉 x.com/MountainUSDM/status/1798740495679815731
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.78T (+0.08%)
BTC Price: $71,148 (+0.31%)
BTC Dominance: 50.4% (+0.10%)
Fear & Greed Index: 77 (Extreme Greed)
Total Value Locked: $177B (-0.43%)
Aethir (ATH) unveiled details of the Cloud Drop program
Aethir reserved 6% of ATH token supply for community in 3 airdrop season. Season 1 has already ended. Aethir plans airdrop 469M ATH to 860K eligible wallets on June 12 and launch ATH staking on the same day. Aethir is a decentralized GPU cloud infrastructure.
👉 aethir.com/blog-posts/aethir-cloud-drop-an-airdrop-for-the-community
❗️Dear community, CryptoDiffer will hold an AMA with Solv Protocol on June 12th at 12:00 PM UTC in the CryptoDiffer Telegram Chat!
The reward pool for the best questions is 0.0015 BTCB!
(Questions from previous AMAs are strictly forbidden and people will be disqualified from participating in the reward distribution.)
CHAT 🗣 https://t.me/joinchat/Brbs51k5cWoRBKtsgmb6Ew
Crypto Events Recap, June 8-10
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-june-8-10-2024
Lending and liquidity protocol UwU Lend suffered a $19.3M exploit
$19.3 million was siphoned out of Uwu Lend before the exploiter converted the tokens on Uniswap. UwU Lend is a DeFi protocol that functions as a liquidity market, allowing users to deposit and borrow digital assets.
👉 coindesk.com/business/2024/06/10/defi-protocol-uwu-lend-suffers-193m-expolit-arkham
Nexus Laboratories has raised $25 million in a Series A funding round
Series A funding round was led by Lightspeed Venture and Pantera Capital. Other investors include Faction Ventures, Dragonfly, and Blockchain Builders Fund. Nexus Laboratories is a virtual machine software that emulates a physical computer.
👉 fortune.com/crypto/2024/06/10/nexus-laboratories-raises-25-million-from-pantera-lighspeed
DeFi ecosystem overview: zkSync Era (ZK)
Among the top zkSync DeFi projects by TVL are SyncSwap ($54.3M), a decentralized exchange, zkSwap Finance ($22.5M), a DEX and the first Swap to Earn DeFi AMM, and Koi Finance, a DEX, yield, and bond platform ($20.0M).
Arbitrum DAO (ARB) approved $215M gaming ecosystem fund
Much of the fund is earmarked for publishers, with new and early-stage developers getting the chance to apply for grants worth a maximum of 500,000 ARB. The rest of the funds will be allocated to infrastructure-related bounties and operational expenses.
👉 theblock.co/post/299167/arbitrum-dao-votes-to-approve-215-million-gaming-ecosystem-fund-proposed-by-arbitrum-foundation
Promising 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 Aark, BloodLoop, NFTfi, io.nеt, Aethir, Cookie3 and zkSync.
Crypto Events Recap, June 6-7
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-june-6-7-2024
Aethir (ATH) to conduct its initial listing on multiple exchanges
The ATH trading will go live on Bybit, OKX, Hashkey, and Bitfinex on June 12th at 10:00 AM UTC. Aethir will also distribute the first phase (630M ATH) of its community airdrop. Aethir is a decentralized GPU cloud infrastructure.
👉 x.com/Bybit_Official/status/1799033565440799158
Telegram launches its in-app TON-linked currency, dubbed Stars
Developers of mini-apps on Telegram will now be able to sell digital goods and services for Stars, which can be converted into Toncoin. Stars will be available for purchase with fiat currency through in-app purchases via iOS, Android, or within Telegram.
👉 decrypt.co/234246/telegram-ton-linked-stars-currency
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
Cookie3 (COOKIE) IDO is now live on Bybit Web3
The subscription period is now live on Bybit Web3. The COOKIE token price is $0.025. IDO Hard Cap - $200,000. Total winning tickets - 2,000. Snapshot period - June 10-13. Cookie3 is building a set of MarketingFi platforms and Web3 AI marketing solutions.
👉 bybit.com/en/web3/ido/detail/30047
Aark (AARK) launches its Early Bird Staking Program
Registration will run until June 10. Participants can gain up to 50% staking boost by locking AARK for 3 months. Unstaking is not allowed during the lock-up period. Aark is a 1000x Perpetual DEX, powered by LST and LRT liquidity on Arbitrum Network.
👉 aarkdigital.medium.com/aark-early-bird-staking-program-up-to-50-boost-88893bae1ec6
The Sandbox raised $20M in convertible debt at a $1B valuation
The strategic funding in the form of convertible promissory notes was led by Kingsway Capital and Animoca Brands, with participation by LG Tech Ventures and True Global Ventures. The Sandbox is a user-generated content metaverse platform.
👉 venturebeat.com/games/the-sandbox-raises-20m-in-convertible-debt-at-1b-valuation
Particle (PARTI) launches the Pioneer Incentive Campaign
The campaign is designed to reward users from its partners at UniSat, Bybit, and OKX Wallet with additional Points and Power on Particle Testnet and Launchpad. The created universal account will be usable across the next stages of Testnet and Mainnet.
👉 x.com/ParticleNtwrk/status/1798339873876701243