​​Consensys partners with numerous Web2 giants to decentralize the Infura network

Consensys has teamed up with Microsoft, Tencent and 16 other Web2 giants to increase decentralization on the Infura network. The Decentralized Infura Network (DIN) is expected to be launched in Q4 and will stand as a solution to the problem of centralization for Infrua. Infura is a Infrastructure-as-a-Service platform that provides decentralized applications and web3 wallets such as MetaMask.

👉🏻 cointelegraph.com/news/microsoft-tencent-infura-network-partnership

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​​Crypto News Digest: Key Updates You Need to Know
15 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

We are excited to present a list of some recent crypto fundraising events, backed by well-known investors such as Goldman Sachs, Blizzard Fund, Fenbushi Capital, CMS Holdings, Samsung Next, Starkware, LongHash Ventures, OKX Ventures, Gate Labs, Foresight Ventures, and others. Let's take a look!

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​​Neutron (NTRN) has been listed on Bitget in the Innovation & Cosmos Ecosystem zones

$NTRN token is now available for trading in the Innovation and Cosmos Ecosystem zones on Bitget! Deposits and withdrawals are now open. Neutron allows developers to easily build cross-chain applications over Inter-Blockchain Communication Protocol (IBC) and provides DeFi dApps with the full economic security of the Cosmos Hub.

👉🏻 bitget.com/support/articles/12560603800298

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​​Blockchain startup Kinto has raised $3.5M in its latest funding round

Kinto, a Layer 2 solution on Ethereum, closed a $3.5M round led by Kyber Capital Crypto, Spartan Group and Parafi. SkyBridge Capital, Kraynos, Soft Holdings, Deep Ventures, Modular, Tane and Robot Ventures also participated. Previously, it raised $1.5M in a pre-seed investment from Kyber Capital Crypto.

👉🏻 coindesk.com/business/2023/11/15/blockchain-startup-kinto-plans-first-kycd-ethereum-layer-2-blockchain-after-raising-5m

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​​TOP DeFi Projects by Social Activity

Posts. Posts measures the number of social posts across all social channels.

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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​​Top Projects with Market Capitalization under $50M

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​​CFX Labs has announced the closure of its $9.5M seed investment round

CFX Labs, the U.S.-based fintech firm, raises $9.5M in the seed funding to expand its Solana blockchain-based stablecoin payment and remittances network globally. The round was joined by Shima Capital, Decasonic, Antalpha, CMT Digital, Corazon Capital, Kraken Ventures, New Form Capital and Metropolitan Capital Bank & Trust participating.

👉🏻 coindesk.com/business/2023/11/15/solana-based-stablecoin-remittances-get-a-boost-with-cfx-labs-fresh-95m-fundraise-to-expand-globally

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​​Coin of the day by social activity - Internet Computer (ICP).

Dfinity $ICP is a non-profit developing a decentralized computing network, Intenet Computer, using blockchain and algorithmic governance.

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​​IoTeX network enables the $IOTX liquid staking via the Bedrock dApp

IoTeX has introduced the first-ever IOTX liquid staking dApp: Bedrock. $IOTX holders can stake tokens with Bedrock to receive $uniIOTX, providing users with staking rewards while enabling the flexibility to be traded at any moment. IoTeX is a modular Web3 infrastructure platform connecting smart devices and real-world data to blockchains.

👉🏻 iotex.io/blog/liquid-staking-on-iotex-uniiotx

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​​Top NFT Projects by Developer Activity

Dev.Activity - the development activity of a project done in its public Github repositories. Development Activity metrics are measured in number of Github events.

Daily Active Addresses (DAA) - the number of unique crypto addresses interacting with (sending or receiving) a particular coin on a daily basis.

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​​BlackRock has officially filed for spot Ethereum exchange-traded fund with SEC

BlackRock, the world's largest asset manager, has filed for a spot Ethereum ETF with the United States Securities and Exchange Commission. The ETF, dubbed iShares Ethereum Trust, will reflect the performance of the price of ether $ETH and will work with Coinbase Custody Trust Company as its custodian for its proposed spot Ether ETF. BlackRock has also filed for a spot Bitcoin ETF that is currently pending regulatory approval.

👉🏻 theblock.co/post/263299/blackrock-ethereum-etf-sec

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​​Union Labs has raised $4M in a seed funding round led by Galileo

Union Labs has announced the closure of a $4M seed round led by Galileo, joined by Semantic Ventures, Tioga Capital, Nascent, Chorus One, and others. The funds will be used for hiring and expansion efforts. The Union network is a hyper-efficient zero-knowledge infrastructure layer for general message passing, asset transfers, NFTs, and DeFi.

👉🏻 union.build/blog/seed-raise

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​​Hinkal Protocol has closed a $4.1M funding round led by Draper Associates

Hinkal raised $4.1M in a round led by Draper Associates. NGC Ventures, Quantstamp, Psalion, Aquanow, No limit Holdings, Orange DAO, Draper Dragon, Web3.соm Ventures, and others also participated. Hinkal is a ZK-based protocol offering private trading and yield farming on EVM chains.

👉🏻 x.com/hinkal_protocol/status/1724860834000593289

​​Taproot Wizards has raised $7.5M in a round led by Standard Crypto

Additional round investors include StarkWare, Newman Capital, Geometry, Collider Ventures, Bitcoin Frontier Fund, Masterkey and UTXO Management. Taproot Wizards is a Bitcoin-centric project inspired by the early Bitcoin wizard Reddit meme.

👉🏻 techcrunch.com/2023/11/16/taproot-wizards-bitcoin-ordinals

​​Tether has announced is plans to invest $500M to build out its mining infrastructure

Tether, the largest stablecoin issuer, discloses its plan to become a major bitcoin miner. During the next six months, the company plans to invest about $500M in the development of its mining facilities in three countries, including Uruguay, Paraguay and El Salvador. This investment includes part of a $610M credit facility that Tether had extended to publicly-traded Bitcoin mining company Northern Data AG.

👉🏻 bloomberg.com/news/articles/2023-11-16/stablecoin-issuer-tether-usdt-btc-wants-to-become-a-major-bitcoin-miner

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​​Jupiter DEX to conduct community airdrop, distributing its $JUP token to 955K wallets

Jupiter, a Solana-based exchange, has announced its upcoming $JUP token airdrop to 955K wallets. The project will allocate 4B $JUP tokens (40% of the total supply) to users over 4 rounds of airdrops. The official airdrop allocation website will be launched next week.

👉🏻 twitter.com/weremeow/status/1724855485507981454

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

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

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​​Shardbound closes a $5M funding round led by BITKRAFT Ventures

Bazooka Tango, the developers behind the upcoming Web3 collectible tactics game Shardbound, has raised $5M led by BITKRAFT Ventures, with participation from RW3 Ventures, Sfermion, 1Up Ventures, and others. Bazooka Tango plans to use these funds to add strategic hires to its team.

👉🏻 techcrunch.com/2023/11/16/bazooka-tango-nabs-5m-to-develop-tactical-collectible-card-game-shardbound

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