​​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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​​Trending Searches by CoinGecko

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​​Coinbase has announced the launch of an open source onchain payment protocol

Coinbase has developed an open source “Onchain Payment Protocol” 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.

👉🏻 theblock.co/post/263356/coinbase-boosts-commerce-product-with-onchain-payment-protocol-on-ethereum-polygon-and-base

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​​Top 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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​​TOP 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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​​Top Projects with Market Capitalization under $100M

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​​Sleek 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.

👉🏻 theblock.co/post/263450/binance-labs-web3-social-sleek-seed-token-round-valuation

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​​Coin 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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​​Pyth 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 world’s financial data.

👉🏻 bitget.com/support/articles/12560603800564

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​​Crypto 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.

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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 Binance Labs, Coinbase Ventures, CoinFund, a16z crypto, Robot Ventures, Lightspeed, Spartan, NGC Ventures, Galaxy, Arrington Capital, Standard Crypto, Starkware and others. Let's take a look!

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​​Trending Searches by CoinGecko

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​​TOP NFT Projects by Social Activity
20 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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​​Kronos Research has halted trading on its platform after the $25M API key hack

Kronos Research, a cryptocurrency trading, market-making, and venture investment firm, halts the trading on its platform amid a $25M API key hack investigation. According to the investigation, the six transactions, worth 2,780, 2,540, 2,540, 2,636, 4.93, and 2,507.52 $ETH, respectively were made from a Kronos Research account to various addresses owned by the hacker.

👉🏻 cointelegraph.com/news/kronos-research-halts-trading-25-m-hack-investigation

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​​Upcoming Token Unlocks
20 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, $AVAX, $FLIP, $GT, $1INCH, and $AXL will have the biggest unlocks.

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​​Coin of the day by social activity - Injective (INJ).

Injective $INJ is an open, interoperable layer 1 blockchain for building powerful DeFi applications.

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