Crypto News Digest: Key Updates You Need to Know
10 November 2023
This digest provides a quick overview of the most significant cryptocurrency news, that's worth your attention.
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10 November 2023
This digest provides a quick overview of the most significant cryptocurrency news, that's worth your attention.
CryptoDep | Community Chat | Twitter | Telegram
Top Recent Crypto Fundraising Events
10 November 2023
We are excited to present a list of some recent crypto fundraising events, backed by well-known investors such as a16z crypto, Coinbase Ventures, Dragonfly, Electric Capital, Hashed. Galaxy Interactive, Spartan, Robot Ventures, Hack VC, Shima Capital, dao5, and others. Let's take a look!
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10 November 2023
We are excited to present a list of some recent crypto fundraising events, backed by well-known investors such as a16z crypto, Coinbase Ventures, Dragonfly, Electric Capital, Hashed. Galaxy Interactive, Spartan, Robot Ventures, Hack VC, Shima Capital, dao5, and others. Let's take a look!
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Coin of the day by social activity - Theta Network (THETA)
11 November 2023
Theta Network is a Web3 blockchain infrastructure for video, media and entertainment.
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11 November 2023
Theta Network is a Web3 blockchain infrastructure for video, media and entertainment.
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Near Foundation teams up with EigenLayer to enhance Ethereum rollup transactions
Near Foundation, the organization building out the Near protocol, has partnered with EigenLayer, a re-staking protocol. Under this partnership, projects will work along to make cheaper and quicker Ethereum rollup transactions, while reducing liquidity fragmentation between Layer 2s. As a result, transactions is expected to occur within three to four seconds while using low-latency cross rollup communication.
👉🏻 theblock.co/post/262626/near-foundation-partners-with-eigen-labs-for-more-efficient-ethereum-rollup-transactions
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Near Foundation, the organization building out the Near protocol, has partnered with EigenLayer, a re-staking protocol. Under this partnership, projects will work along to make cheaper and quicker Ethereum rollup transactions, while reducing liquidity fragmentation between Layer 2s. As a result, transactions is expected to occur within three to four seconds while using low-latency cross rollup communication.
👉🏻 theblock.co/post/262626/near-foundation-partners-with-eigen-labs-for-more-efficient-ethereum-rollup-transactions
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FTX sues Bybit over a $953M withdrawal that was made couple days before the collapse
FTX’s bankruptcy advisers have sued Bybit, striving to recover cash and digital assets valued at around $953M that was withdrawn from FTX before it filed Chapter 11 a year ago. Furthermore, the lawsuit alleges Bybit’s investment arm, Mirana Corp., used special “VIP” benefits to get most of its assets off Bankman-Fried’s platform. According to the complaint, Mirana pressured FTX employees to fulfill its withdraw requests to get money off the exchange as it collapsed.
👉🏻 bloomberg.com/news/articles/2023-11-11/ftx-sues-crypto-firm-bybit-to-recover-assets-worth-953-million
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FTX’s bankruptcy advisers have sued Bybit, striving to recover cash and digital assets valued at around $953M that was withdrawn from FTX before it filed Chapter 11 a year ago. Furthermore, the lawsuit alleges Bybit’s investment arm, Mirana Corp., used special “VIP” benefits to get most of its assets off Bankman-Fried’s platform. According to the complaint, Mirana pressured FTX employees to fulfill its withdraw requests to get money off the exchange as it collapsed.
👉🏻 bloomberg.com/news/articles/2023-11-11/ftx-sues-crypto-firm-bybit-to-recover-assets-worth-953-million
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Coin of the day by social activity - Bancor (BNT).
12 November 2023
Bancor is a decentralized network of on-chain automated market makers supporting instant, low-cost trading, as well as Single-Sided Liquidity Provision and Liquidity Protection for any listed token.
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12 November 2023
Bancor is a decentralized network of on-chain automated market makers supporting instant, low-cost trading, as well as Single-Sided Liquidity Provision and Liquidity Protection for any listed token.
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Bithumb exchange has disclosed its plans to conduct an IPO in late 2025
South Korean cryptocurrency exchange Bithumb plans to go public via an IPO in the second half of 2025. The exchange chose Samsung Securities as its underwriter last month for a potential IPO planned in the second half of 2025 on Kosdaq.
👉🏻 theblock.co/post/262741/south-korea-bithumb-ipo-2025
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South Korean cryptocurrency exchange Bithumb plans to go public via an IPO in the second half of 2025. The exchange chose Samsung Securities as its underwriter last month for a potential IPO planned in the second half of 2025 on Kosdaq.
👉🏻 theblock.co/post/262741/south-korea-bithumb-ipo-2025
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Bitget has conducted the integration of a DeFi aggregator into its exchange app
Bitget integrates a DeFi aggregator into its crypto exchange application, allowing users to swap their tokens and access DeFi services through its Web3 Wallet. Furthermore, the application will also include a noncustodial wallet, an NFT marketplace and a decentralized application.
👉🏻 cointelegraph.com/news/bitget-wallet-integration-defi-swap-service
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Bitget integrates a DeFi aggregator into its crypto exchange application, allowing users to swap their tokens and access DeFi services through its Web3 Wallet. Furthermore, the application will also include a noncustodial wallet, an NFT marketplace and a decentralized application.
👉🏻 cointelegraph.com/news/bitget-wallet-integration-defi-swap-service
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TOP NFT Projects by Social Activity
13 November 2023
Posts. Posts measures the number of unique social posts across all collected social channels over a rolling 24-hour timeframe.
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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13 November 2023
Posts. Posts measures the number of unique social posts across all collected social channels over a rolling 24-hour timeframe.
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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Coin of the day by social activity - Unizen (ZCX).
13 November 2023
Unizen $ZCX is a cutting-edge operating system for web3 applications that enables users to seamlessly and securely interact with all things web3.
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13 November 2023
Unizen $ZCX is a cutting-edge operating system for web3 applications that enables users to seamlessly and securely interact with all things web3.
CryptoDep | Community Chat | Twitter | Telegram
Genesis agrees to settle $1B in claims by Three Arrows Capital with $33M payment
Bankrupt crypto lender Genesis will settle $1B in claims by defunct crypto hedge fund Three Arrows Capital (3AC) with a payment of $33M. The Three Arrows Capital hedge fund brought charges against Genesis after its collapse back in 2022, referring to transfers made prior to the bankruptcy.
👉🏻 coindesk.com/business/2023/11/13/genesis-three-arrows-capital-reach-agreement-on-1b-of-claims
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Bankrupt crypto lender Genesis will settle $1B in claims by defunct crypto hedge fund Three Arrows Capital (3AC) with a payment of $33M. The Three Arrows Capital hedge fund brought charges against Genesis after its collapse back in 2022, referring to transfers made prior to the bankruptcy.
👉🏻 coindesk.com/business/2023/11/13/genesis-three-arrows-capital-reach-agreement-on-1b-of-claims
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Upcoming Token Unlocks
13 November 2023
Let's take a look at the compilation of major upcoming token unlocks, diving into details such as dates, amounts, and projects related to tokens that are currently locked up, but will soon be released to the market. During this week, $UNI, $FIL, $APE, $LDO, and $SEI will have the biggest unlocks.
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13 November 2023
Let's take a look at the compilation of major upcoming token unlocks, diving into details such as dates, amounts, and projects related to tokens that are currently locked up, but will soon be released to the market. During this week, $UNI, $FIL, $APE, $LDO, and $SEI will have the biggest unlocks.
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The Block has sold a majority stake to Foresight Ventures in a ~$60M deal
Crypto media company The Block sold a majority stake to Singaporean venture capital firm Foresight Ventures in a deal valuing the crypto outlet at $70M. Foresight Ventures, with $400M in assets under management, has bought a stake worth roughly $60M for an 80% share of the company. The fresh funds will allow The Block to build out new products and expand its footprint into Asia and Middle East.
👉🏻 axios.com/pro/fintech-deals/2023/11/13/the-block-70-million-foresight-ventures
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Crypto media company The Block sold a majority stake to Singaporean venture capital firm Foresight Ventures in a deal valuing the crypto outlet at $70M. Foresight Ventures, with $400M in assets under management, has bought a stake worth roughly $60M for an 80% share of the company. The fresh funds will allow The Block to build out new products and expand its footprint into Asia and Middle East.
👉🏻 axios.com/pro/fintech-deals/2023/11/13/the-block-70-million-foresight-ventures
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TOP 10 Social-Fi dApps by Users Activity (30d)
13 November 2023
Let's take a look at the top 10 social-fi dApps, based on users' activity over the past 30 days, according to the DappRadar. Social-Fi brings together the principles of social media and DeFi by offering a Web3 approach to creating, managing, and owning social media platforms and the content generated by its participants.
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13 November 2023
Let's take a look at the top 10 social-fi dApps, based on users' activity over the past 30 days, according to the DappRadar. Social-Fi brings together the principles of social media and DeFi by offering a Web3 approach to creating, managing, and owning social media platforms and the content generated by its participants.
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Crypto News Digest: Key Updates You Need to Know
13 November 2023
This digest provides a quick overview of the most significant cryptocurrency news, that's worth your attention.
CryptoDep | Community Chat | Twitter | Telegram
13 November 2023
This digest provides a quick overview of the most significant cryptocurrency news, that's worth your attention.
CryptoDep | Community Chat | Twitter | Telegram
Fnality has secured $95M in funding led by Goldman Sachs & BNP Paribas
Fnality, the blockchain fintech company, raised $95M in Series B funding led by Goldman Sachs and BNP Paribas. DTCC, Euroclear, Nomura, WisdomTree, and a bevy of bank-backers also participated. Fnality creates tokenized versions of fiat currency backed by cash held at central banks. in 2019, the firm raised $63M via several rounds backed by BNY Mellon, Nasdaq Ventures, Commerzbank, and others.
👉🏻 theblock.co/post/262961/fnality-raises-95-million-in-round-led-by-goldman-bnp-paribas
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Fnality, the blockchain fintech company, raised $95M in Series B funding led by Goldman Sachs and BNP Paribas. DTCC, Euroclear, Nomura, WisdomTree, and a bevy of bank-backers also participated. Fnality creates tokenized versions of fiat currency backed by cash held at central banks. in 2019, the firm raised $63M via several rounds backed by BNY Mellon, Nasdaq Ventures, Commerzbank, and others.
👉🏻 theblock.co/post/262961/fnality-raises-95-million-in-round-led-by-goldman-bnp-paribas
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