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​​Ninety Eight (C98) has announced the launch of its $25M ecosystem fund

Ninety Eight (previously Coin98), an ecosystem of Web3 innovative companies, rolls out its new $25M ecosystem fund. The fund will be focused on Asia, with the primary goal of fostering the growth and development of Web3 startups in the region. The company provides both financial and strategic support to selected startups, offering guidance and access to its extensive network of industry partners.

πŸ‘‰πŸ» blog.ninetyeight.world/ninety-eight-launches-25m-ecosystem-fund-to-support-web3-startups-in-asia

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​​Incrypted Pitch Session will take place on November 22nd, linking startups and VCs

Incrypted will conduct its Pitch Session on November 22nd, jointly with PitchTalk and Majinx. Startups that want to compete for funding and prizes must fill out the application by November 11th. Pitch Session, a free online web3 event for boosting future industry leaders, will be aimed at helping startups pitch their ideas to the VCs, blockchain companies, and the community, to find ecosystem partners, and raise funds. Furthermore, the event will feature multiple blockchain partners, including BNB Chain, Solana, and Linea.

πŸ‘‰πŸ» twitter.com/incrypted/status/1721845816887840783

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​​Crypto News Digest: Key Updates You Need to Know
7 November 2023

This digest provides a quick overview of the most significant cryptocurrency news, that's worth your attention.

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​​Binance has announced the launch of its self-custody Web3 MPC wallet

Binance rolls out its self-custody Web3 wallet that utilizes the multi-party computation technology. This innovation allows the creation of a secure key management system, by generating three separate key-shares and the absence of a seed phrase. The wallet itself will allow users to swap numerous tokens across more than 30 networks, explore dApps, and transfer funds between exchange and wallet in addition to earning yield on digital assets. The announcement comes after the launch of the BNB Safe wallet and marks a key part of Binance's future vision for the blockchain industry.

πŸ‘‰πŸ» binance.com/en/blog/markets/embracing-the-future-of-web3-binances-innovative-mpc-wallet-8512779582807569328

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​​Trending Searches by CoinGecko
8 November 2023

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​​Nil Foundation rolls out =nil; - a ZK-Rollup Layer 2 on Ethereum with sharding technology

Nil Foundation, a blockchain cryptography firm, has announced the launch of =nil;, a ZK-Rollup, a type of Layer 2 network on Ethereum featuring sharding technology. This innovation aims to provide users with an alternative approach to scaling by integrating multiple shards into a unified Layer 2 execution environment. The project was backed by Polychain Capital, Blockchain Capital, Mina Protocol, and StarkWare among others, with a $22M total raise. The network is in an early development phase, and the Nil is working on a public testnet, which it expects to be available in the next 3-6 months.

πŸ‘‰πŸ» twitter.com/nil_foundation/status/1721918422198386966

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​​Gaming & Metaverse Projects by Social Activity
8 November 2023

Social Contributors. Social Contributors metric is a tally of how many unique users are talking about an asset.

Interactions include socially-driven engagements and actions such as likes, comments, retweets, and upvotes.

Social Dominance. Social dominance calculates the "share of voice" across all social media data.

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​​Circle (USDC) is reportedly considering going public via an IPO in early 2024

Circle Internet Financial Ltd., the issuer of the USDC stablecoin, is reportedly considering going public early in 2024. According to people with knowledge of the matter, discussion is ongoing and the firm has no accurate decision to proceed with a listing. While the company's valuation in the possible future IPO is not clear, it was valued at $9B when it tried to go public in a blank-check deal in 2022.

πŸ‘‰πŸ» finance.yahoo.com/news/stablecoin-issuer-circle-internet-considering-224229042.html

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​​Top 10 dApps on Polygon by Users Activity (30d)
8 November 2023

A decentralized application (dApp) is a program built on blockchain that combines a smart contract and a front-end user interface. We present the top dApps on #Polygon by users activity in the last 30 days, according to the data from DappRadar.

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​​Coin of the day by social activity - Zcash (ZEC).
8 November 2023

Zcash is a privacy-focused, blockchain-based payments network that uses zero-knowledge proofs (ZKPs) to shield transactions.

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​​CoinMarketCap announces the launch of CMC Labs – a Web3 startup accelerator

CoinMarketCap, the cryptocurrency market data and analysis platform, kicks off CMC Labs, the startup accelerator program designed to empower the next generation of Web3 founders. CMC Labs will provide startups with unique access to CoinMarketCap’s unrivaled crypto market intelligence, experience, and expertise. Furthermore, participants of the accelerator program will gain additional awareness to drive growth via CoinMarketCap's social channels, learn & earn, airdrops, infographics, live spaces, etc.

πŸ‘‰πŸ» chainwire.org/2023/11/08/coinmarketcap-launches-cmc-labs-a-web3-startup-accelerator-program

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​​Top Coins by Market Capitalization
8 November 2023

This report depicts the largest crypto projects, by analyzing the current state of their native tokens. Market capitalization is a metric used to measure the value of a digital asset or a coin, calculated by multiplying the total supply of coins by the current price of a single coin.

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​​Citadel has announced the closure of its $3.3M seed investment round

Citadel, a decentralized Ethereum-based GameFi platform, has raised $3.3M in a seed round led by led by 1kx, with participation from Shima Capital, Hashed, Matchbox DAO, Ready Player DAO, and several angel investors. The funds will be used to expand the team and continue developing the protocol.

πŸ‘‰πŸ» x.com/0xCitadel/status/1722038777659666817

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​​TrustWallet (TWT) has announced the launch of its Wallet as a Service (WaaS)

TrustWallet kicks off its Wallet as a Service (WaaS) initiative which is designed for a broad range of clients, from Web3 natives and centralized crypto exchanges to startups and traditional businesses. The initiative found its implementation in Binance's Web3 Wallet which was announced earlier today. By partnering with Trust Wallet, businesses gain access to its advanced technology stack, shortening the lengthy development timeline.

πŸ‘‰πŸ» trustwallet.com/blog/introducing-trust-wallet-WaaS-powering-decentralized-services-for-every-business

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Stackr Labs has raised $5.5M in a seed funding round led by Archetype

Stackr Labs, an Ethereum scaling startup, closed a $5.5M seed round. The round was led by Archetype, with a16z CSS, Lemniscap, Superscrypt, Spartan, Scalar Capital, a_capital, Sreeram Kannan, Anurag Arjun, Mustafa Al-Bassam and others participating. Stackr is developing Ethereum scaling infrastructure focused on β€œmicro-rollups.”

πŸ‘‰πŸ» mirror.xyz/stackrlabs.eth/fGT4H\zOlKETI-nhTxPD2BkoWHVjNuJgntDDFdOMhA4

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​​Crypto News Digest: Key Updates You Need to Know
8 November 2023

This digest provides a quick overview of the most significant cryptocurrency news, that's worth your attention.

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​​Top Recent Crypto Fundraising Events
8 November 2023

We are excited to present a list of some recent crypto fundraising events, backed by well-known investors such as Electric Capital, Polygon Ventures, Blizzard Fund, Shima Capital, Fabric Ventures, Maven 11, Waterdrip Capital, Founders Fund, Bitkraft, Gate Labs, Klaytn, Mobox, and others. Let's take a look!

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​​Ritual has announced the closure of its $25M investment round led by Archetype

Ritual, a decentralized AI computing platform, raises $25M in the funding round led by Archetype. Additional round participants included Accomplice, Robot Ventures, dao5, Accel, Dialectic, Anagram, Avra, and Hypersphere. Ritual aims to create an incentivized network that will pave the way for distributed computing devices to power different aspects of artificial intelligence. The fresh capital will be used to build network infrastructure, grow the team of 15 people, and grow the Ritual’s ecosystem.

πŸ‘‰πŸ» ritual.global/blog/introducing-ritual

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​​Trending Searches by CoinGecko
9 November 2023

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​​Near Foundation has teamed up with Polygon Labs to develop zkWASM

Near Foundation, the non-profit organization behind the Near Protocol, partners with Polygon Labs. Under this collaboration, projects will build zkWASM, a zero-knowledge prover for WebAssembly (WASM) blockchain. The zkWASM is designed to maximize developer customizability, allowing users to select from a number of provers when building. Furthermore, the new development will be more efficient for Near validators as they no longer have to do the hard work of validating a shard.

πŸ‘‰πŸ» coindesk.com/business/2023/11/08/near-foundation-and-polygon-labs-collaborate-to-build-zk-solution

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​​TOP DeFi Projects by Social Activity
9 November 2023

Social Mentions. Social mentions and activity from all collected sources over time.

Social Engagement measures total social activity and includes upvotes, favs,retweets, replies, and followers.

Social Dominance. Social dominance calculates the "share of voice" across all social media data.

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