ββCFX 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.
ππ» 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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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.
ππ» 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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ββCoin 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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Dfinity $ICP is a non-profit developing a decentralized computing network, Intenet Computer, using blockchain and algorithmic governance.
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ββIoTeX 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.
ππ» iotex.io/blog/liquid-staking-on-iotex-uniiotx
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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.
ππ» iotex.io/blog/liquid-staking-on-iotex-uniiotx
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ββTop 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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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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ββBlackRock 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.
ππ» theblock.co/post/263299/blackrock-ethereum-etf-sec
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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.
ππ» theblock.co/post/263299/blackrock-ethereum-etf-sec
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ββUnion 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.
ππ» union.build/blog/seed-raise
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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.
ππ» union.build/blog/seed-raise
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ββHinkal 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.ΡΠΎm Ventures, and others also participated. Hinkal is a ZK-based protocol offering private trading and yield farming on EVM chains.
ππ» x.com/hinkal_protocol/status/1724860834000593289
Hinkal raised $4.1M in a round led by Draper Associates. NGC Ventures, Quantstamp, Psalion, Aquanow, No limit Holdings, Orange DAO, Draper Dragon, Web3.ΡΠΎm Ventures, and others also participated. Hinkal is a ZK-based protocol offering private trading and yield farming on EVM chains.
ππ» x.com/hinkal_protocol/status/1724860834000593289
ββTaproot 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.
ππ» techcrunch.com/2023/11/16/taproot-wizards-bitcoin-ordinals
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.
ππ» techcrunch.com/2023/11/16/taproot-wizards-bitcoin-ordinals
ββTether 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.
ππ» bloomberg.com/news/articles/2023-11-16/stablecoin-issuer-tether-usdt-btc-wants-to-become-a-major-bitcoin-miner
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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.
ππ» bloomberg.com/news/articles/2023-11-16/stablecoin-issuer-tether-usdt-btc-wants-to-become-a-major-bitcoin-miner
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ββJupiter 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.
ππ» twitter.com/weremeow/status/1724855485507981454
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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.
ππ» twitter.com/weremeow/status/1724855485507981454
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ββCrypto 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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16 November 2023
This digest provides a quick overview of the most significant cryptocurrency news, that's worth your attention.
CryptoDep | Community Chat | Twitter | Telegram
ββShardbound 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.
ππ» techcrunch.com/2023/11/16/bazooka-tango-nabs-5m-to-develop-tactical-collectible-card-game-shardbound
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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.
ππ» techcrunch.com/2023/11/16/bazooka-tango-nabs-5m-to-develop-tactical-collectible-card-game-shardbound
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ββCoinbase has announced the launch of an open source onchain payment protocol
Coinbase has developed an open source βOnchain Payment Protocolβ to improve its commerce product. The updated Commerce product built on the Onchain Payment Protocol will help to avoid crypto volatility by automatically converting customers' crypto to the USDC stablecoin. The innovation went live on Ethereum, Polygon and Base blockchain ecosystems.
ππ» theblock.co/post/263356/coinbase-boosts-commerce-product-with-onchain-payment-protocol-on-ethereum-polygon-and-base
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Coinbase has developed an open source βOnchain Payment Protocolβ to improve its commerce product. The updated Commerce product built on the Onchain Payment Protocol will help to avoid crypto volatility by automatically converting customers' crypto to the USDC stablecoin. The innovation went live on Ethereum, Polygon and Base blockchain ecosystems.
ππ» theblock.co/post/263356/coinbase-boosts-commerce-product-with-onchain-payment-protocol-on-ethereum-polygon-and-base
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ββTop 10 NFT Marketplaces by Traders (30d)
An NFT marketplace is a digital platform for buying and selling NFTs. Let's take a look at some of the best-performed NFT marketplaces by the number of traders in the last 30 days, according to the data from DappRadar.
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An NFT marketplace is a digital platform for buying and selling NFTs. Let's take a look at some of the best-performed NFT marketplaces by the number of traders in the last 30 days, according to the data from DappRadar.
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ββTOP Crypto 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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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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ββTop Projects with Market Capitalization under $100M
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ββSleek has raised $5M in the seed funding round at valuation of $50M
Sleek, a web3 social network platform, raises $5M in the seed investment round, reaching the valutation of $50M. Among investors are Binance Labs, Shima Capital, Spartan Group, Symbolic Capital, Market Across and Big Brain Holdings. The fundraise was realized via a SAFT and will be used to develop a web3 social network.
ππ» theblock.co/post/263450/binance-labs-web3-social-sleek-seed-token-round-valuation
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Sleek, a web3 social network platform, raises $5M in the seed investment round, reaching the valutation of $50M. Among investors are Binance Labs, Shima Capital, Spartan Group, Symbolic Capital, Market Across and Big Brain Holdings. The fundraise was realized via a SAFT and will be used to develop a web3 social network.
ππ» theblock.co/post/263450/binance-labs-web3-social-sleek-seed-token-round-valuation
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ββCoin of the day by social activity - STEPN (GMT).
STEPN is a Web3 lifestyle app with inbuilt Game-Fi and Social-Fi elements.
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STEPN is a Web3 lifestyle app with inbuilt Game-Fi and Social-Fi elements.
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ββPyth Network (PYTH) will be listed on Bitget in the Innovation & DeFi zones
Trading for PYTH/USDT trading pair will be live on Bitget when the liquidity is sufficient. Deposits are now open and withdrawals will open once the liquidity is sufficient. The Pyth Network is the largest first-party oracle for the worldβs financial data.
ππ» bitget.com/support/articles/12560603800564
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Trading for PYTH/USDT trading pair will be live on Bitget when the liquidity is sufficient. Deposits are now open and withdrawals will open once the liquidity is sufficient. The Pyth Network is the largest first-party oracle for the worldβs financial data.
ππ» bitget.com/support/articles/12560603800564
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ββCrypto News Digest: Key Updates You Need to Know
This digest provides a quick overview of the most significant cryptocurrency news, that's worth your attention.
CryptoDep | Community Chat | Twitter | Telegram
This digest provides a quick overview of the most significant cryptocurrency news, that's worth your attention.
CryptoDep | Community Chat | Twitter | Telegram
