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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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​​Script Network (SCPT) will be available on BurningDrop today from 9:00 AM UTC

Users can access the KCS pool during the subscription period and choose to burn KCS to mine more SCPT airdrops during the Burning Acceleration Period. The Staking Period will last from December 14th 02:00:00 UTC to January 3 01:59:59 UTC. Rewards distribution will include 15% of the SCPT rewards distributed before SCPT trading starts in the KuCoin Spot Market. The remaining 85% will be distributed in 28.3% batches from the 1st distribution every month. Script Network is a layer 1 open source live tv platform, protocol and storage network.

πŸ”ΈBurningDrop Hardcap: 700,000 KCS
πŸ”ΈHard Cap of Single User: 300 KCS

πŸ‘‰πŸ» kucoin.com/nl/announcement/script-network-scpt-is-available-on-burningdrop

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​​Trending Searches by CoinGecko

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​​Multibit (MUBI) has been listed on Bitget with a $4,000 worth of MUBI promotion

Trading for the MUBI/USDT trading pair is now live on Bitget! Users can also take part in the MUBI promotion activity by depositing at least $50 worth of MUBI to get a 10% rebate from a prize pool of $4,000. MultiBit is the first-ever dual-sided bridge designed for easy cross-network transfers between BRC20 and ERC20 tokens.

πŸ‘‰πŸ» bitget.com/support/articles/12560603802111

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​​Gaming & Metaverse 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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​​Coin of the day by social activity - VeChain (VET).

VeChain is a smart contract-compatible blockchain designed to enhance the supply chain and accelerate the mass adoption of blockchain technology.

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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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​​Dynamic announces the closure of its $13.5M Series A investment round

Dynamic, a multi-chain wallet-based authentication and authorization platform, has raised $13.5M in Series A funding. The round was led by a16z crypto and Founders Fund and joined by Castle Island Ventures, and Breyer Capital. Back in 2022, Dynamic raised another $7.5M from a16z.

πŸ‘‰πŸ» dynamic.xyz/blog/series-a

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​​Andalusia Labs has raised $48M in a Series A funding round at a $1B valuation

Analusia Labs, the global leader in risk management infrastructure for digital assets, has closed its $48M Series A investment round led by Lightspeed Venture Partners. Additional round participants included Mubadala Capital, Pantera Capital, Framework Ventures, Bain Capital Ventures, and Digital Currency Group. Andalusia Labs aims to utilize the funds to accelerate product development, enhance institutional partnerships, and continue global expansion.

πŸ‘‰πŸ» businesswire.com/news/home/20231213003404/en/Andalusia-Labs-Secures-48-Million-in-Series-A-Funding-at-1-Billion-Valuation-Opens-Global-HQ-in-Abu-Dhabi

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​​Top Blockchains by Daily Active Users

Daily active users measure the number of distinct addresses interacting with blockchains' relevant contracts. According to the data from TokenTerminal, Tron, BNB Chain, Near, Bitcoin, and Polygon networks have drawn the largest numbers of users lately.

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​​Coti announces its plans to expand to the Ethereum ecosystem with Layer 2 network

Coti, a blockchain developer known for operating projects on Cardano and its own network, is set to introduce its native Layer 2 network. The innovation entails the evolution of Coti's Directed Acyclic Graph (DAG) technology into an Ethereum Layer 2 that supports native dapps. Coti V2 testnet is scheduled for 2024 and will have an emphasis on user privacy for dapps while drawing security from the Ethereum mainnet.

πŸ‘‰πŸ» theblock.co/post/267416/coti-plans-expansion-to-ethereum-ecosystem-with-layer-2-network

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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
​​Trending Searches by CoinGecko

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​​World ID 2.0 goes live and integrates with Reddit, Discord, Shopify, Minecraft & Telegram

Worldcoin has introduced the World ID 2.0 upgrade that will use Apps, a new way to build and use integrations to verify your online accounts using World ID. Users can explore available apps on the new Worldcoin App Store, including the new integrations with Reddit, Discord, Shopify, Minecraft, and Telegram. As part of this upgrade, World ID will have three Levels that enable a wider range of use cases.

πŸ‘‰πŸ» worldcoin.org/blog/announcements/introducing-world-id-2.0

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​​Script Network $SCPT will conduct its IDO on the AITECH Pad launchpad

Script Network
$SCPT main IDO on AITECH Pad is now live! Users can now register for the sale on AITECH Pad. Script Network is a layer 1 open source live tv platform, protocol and storage network.

πŸ”ΈIDO Price: $0.0094
πŸ”ΈIDO Hardcap: $75,000

πŸ‘‰πŸ» x.com/AITECHio/status/1734543781586723058

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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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​​Coin of the day by social activity - Algorand (ALGO).

Algorand is Layer-1 blockchain protocol that unleashes scalability, fusing TradFi x DeFi, and accelerating global sustainability.

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​​Cronos rolls out Cronos zkEVM chain based on Matter Labs’ software tools

Cronos has announced the launch of its new layer-2 network, based on Matter Labs’ software tools. While the mainnet is scheduled for Q2 2024, testnet, powered by zkSync’s ZK Stack software kit developed primarily by Matter Labs, will add a new chain to Cronos’ existing ecosystem next year.

πŸ‘‰πŸ» coindesk.com/tech/2023/12/14/cronos-partner-of-cryptocom-to-start-layer-2-network-with-matter-labs

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​​bitsCrunch (BCUT) Token Sale Details

bitsCrunch $BCUT public sale on Coinlist will start today, at 17:00 UTC! During the one and only public option, users will be able to purchase $BCUT tokens with initial purchase limits of $50 min, and $2,000 max. bitsCrunch is an AI-enhanced data network, backed by Coinbase Ventures, Animoca Brands, Morningstar Ventures, Polygon Ventures, Chainlink, and Double Peak among others, with a $6.75M total raise.

πŸ”Έ Public Sale Price: $0.055
πŸ”Έ Public Sale Hardcap: $3.3M
πŸ”Έ Initial Market Cap: $3.57M
πŸ”Έ Vesting: 20% unlock at TGE followed by a 12-month linear release

πŸ‘‰πŸ» sales.coinlist.co/bitscrunch

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​​Lolli has raised $8M in a Series B round led by Bitkraft Ventures

Lolli, a crypto firm that offers free bitcoin rewards for shopping, closed a $8M Series B funding round. This round was led by Bitkraft Ventures, with participation from Sfermion, Ulta Beauty, Seven Seven Six, Serena Ventures, Night Ventures, MZ Web3 Fund, and others. The firm says its users have earned more than $10M in $BTC rewards to date.

πŸ‘‰πŸ» techcrunch.com/2023/12/14/lolli-raises-8m-series-b-to-expand-its-bitcoin-and-cashback-rewards-to-enterprises

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​​LayerZero has announced the launch of the V.2 update of its messaging protocol

LayerZero rolls out the V2 of its cross-chain messaging protocol to standardize application development across all chains. LayerZero V2 gets deployed on 40+ testnets, aiming to create an omnichain network of blockchains for developers to build universal applications. The Mainnet launch is scheduled for January 2024 and will include V2 endpoints on each chain that V1 supports.

πŸ‘‰πŸ» medium.com/layerzero-official/introducing-layerzero-v2-076a9b3cb029

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