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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.

πŸ‘‰πŸ» 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.

πŸ‘‰πŸ» 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.

πŸ‘‰πŸ» 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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Panoptic has closed a $7M seed round to build perpetual options platform for DeFi

Panoptic, a Uniswap-based DeFi protocol, raised $7M in a seed funding round led by Greenfield Capital, with participation from HashKey, gumi Cryptos Capital, L1D, Heartcore Capital, Comma3 and Zee Prime Capital. The round brings the project's total raise to $11.5M, following a $4.5M round in December 2022 backed by Uniswap Labs Ventures, Coinbase Ventures, Jane Street, Blizzard fund and others.

πŸ‘‰ theblock.co/post/263771/panoptic-raises-7-million-to-build-perpetual-options-platform-for-defi

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​​TOP 10 dApps on BNB Chain by Users (30d)
20 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 #BNBChain by volume in the last 30 days, according to the data from DappRadar.

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​​Fidelity files for a spot Ethereum ETF, shortly after its Bitcoin ETF application

Fidelity, an asset giant that has $4.5T under management, has filed for a spot Ethereum $ETH ETF, in the footsteps of its spot bitcoin ETF application. Earlier in June, Fidelity filed for a spot Bitcoin $BTC ETF, joining the ETF race.

πŸ‘‰πŸ» theblock.co/post/263626/fidelity-files-for-spot-ethereum-etf-says-approval-would-be-major-win-for-us-investors

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​​Crypto exchange Bullish acquires 100% of CoinDesk from Digital Currency Group

Cryptocurrency exchange Bullish has purchased 100% of CoinDesk from crypto-focused investor Digital Currency Group (DCG) in an all-cash deal. After the deal, CoinDesk will operate as an independent subsidiary of Bullish. Last week, Foresight Ventures bought a majority stake in The Block for a ~$60M deal.

πŸ‘‰πŸ» coindesk.com/business/2023/11/20/crypto-exchange-bullish-completes-purchase-of-coindesk-wsj

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​​Saga has announced the closure of its $5M seed extension round

Saga raised $5M in a funding round led by Placeholder. Additional investors include Longhash Ventures, Dispersion Capital, Red Beard Ventures, Tykhe Ventures and Com2uS. The investment brings Saga's total funding to $13.5M and comes just months before Saga launches its mainnet in January. Saga is a Web3 scalability protocol for the automated deployment of dedicated blockspace.

πŸ‘‰πŸ» decrypt.co/206660/saga-protocol-raises-5-million-ahead-of-theoretically-infinite-blockspace-mainnet-launch

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​​OMTrade closes a $6M round led by Find Satoshi Lab & Folius Ventures

OMTrade, a crypto exchange for social trading, raised $6M in a seed funding round led by Find Satoshi Lab (developer of STEPN), and Folius Ventures. Additional round investors include Meteorite Labs, Incuba Alpha and KSK Fund.

πŸ‘‰πŸ» finance.yahoo.com/news/omtrade-announces-seed-round-funding-180000122.html

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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.

CryptoDep | Community Chat | Twitter | Telegram
​​US Justice Department seeks more than $4B from Binance to end criminal investigation

The U.S. Department of Justice demands $4B from the Binance crypto exchange to end an ongoing criminal investigation. The deal is expected to allow the crypto exchange to continue operating, winding down the investigation by the U.S. Department of Justice. Earlier this year, the Justice Department began an investigation over Binance whether it allowed its Russian users to evade sanctions following the Russian war against Ukraine.

πŸ‘‰πŸ» theblock.co/post/263851/us-justice-department-seeks-4-billion-from-binance-to-end-criminal-case-bloomberg

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​​Blast has announced the closure of its $20M investment round

Blast, an L2 with native yield for ETH and stablecoins, goes live in the early access stage with $20M raised from Paradigm and Standard Crypto. Additional round participants included eGirl Capital, Santiago R. Santos, and many other individual investors. Blast was built by the developer of Blur and a team with experience across MakerDAO, MIT, Yale, Seoul National University. The project has also kicked off its early access, allowing users to bridge & earn yield (4% for ETH + 5% for stablecoins) and Blast Points ahead of the Mainnet launch in February 2024.

πŸ‘‰πŸ» twitter.com/Blast_L2/status/1726747087906464024

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​​Trending Searches by CoinGecko

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​​TOP MEME Tokens by Social Activity

Posts. Posts measure 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.

CryptoDep | Community Chat | Twitter | Telegram