Bitfinity has secured $7M in two funding rounds at a $130M valuation
Bitfinity, an EVM-compatible Bitcoin Layer 2 network based on the Internet Computer protocol, raised $7M in total funding. Investors included Polychain Capital, ParaFi Capital, Warburg Serres, Dokia Capital and Draft Ventures. The funding was realized in two parts - a seed round of about $1M in 2021 and a growth round of the rest of the amount that closed. Bitfinity is leading up to the mainnet launch of its network.
👉🏻 theblock.co/post/271885/bitcoin-l2-bitfinity-token-round
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Bitfinity, an EVM-compatible Bitcoin Layer 2 network based on the Internet Computer protocol, raised $7M in total funding. Investors included Polychain Capital, ParaFi Capital, Warburg Serres, Dokia Capital and Draft Ventures. The funding was realized in two parts - a seed round of about $1M in 2021 and a growth round of the rest of the amount that closed. Bitfinity is leading up to the mainnet launch of its network.
👉🏻 theblock.co/post/271885/bitcoin-l2-bitfinity-token-round
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TOP 10 dApps on BNB Chain by Users (30d)
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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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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Berachain rolls out Artio, its public testnet ahead of mainnet launch in Q2
Berachain, an Ethereum Virtual Machine-compatible Layer 1 blockchain built on the Cosmos SDK, has introduced Artio, its public test network. The project will then launch its mainnet in Q2 2024, with 100+ teams from other networks planning on deploying on testnet and mainnet. Back in 2023, Berachain raised $42M in a round led by Polychain Capital at a $420M valuation.
👉🏻theblock.co/post/271883/berachain-public-testnet-mainnet-q2
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Berachain, an Ethereum Virtual Machine-compatible Layer 1 blockchain built on the Cosmos SDK, has introduced Artio, its public test network. The project will then launch its mainnet in Q2 2024, with 100+ teams from other networks planning on deploying on testnet and mainnet. Back in 2023, Berachain raised $42M in a round led by Polychain Capital at a $420M valuation.
👉🏻theblock.co/post/271883/berachain-public-testnet-mainnet-q2
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Circle has confidentially filed for the IPO of its equity securities
Circle, the $USDC stablecoin issuer, confidentially files for US IPO. Circle did not disclose the number of shares it plans to sell or the proposed price range for its filing. The IPO is expected to take place after the SEC completes its review process, subject to market and other conditions. Circle's investors include financial heavyweights like Goldman Sachs, Fidelity and BlackRock.
👉🏻 theblock.co/post/271907/usdc-stablecoin-circle-ipo
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Circle, the $USDC stablecoin issuer, confidentially files for US IPO. Circle did not disclose the number of shares it plans to sell or the proposed price range for its filing. The IPO is expected to take place after the SEC completes its review process, subject to market and other conditions. Circle's investors include financial heavyweights like Goldman Sachs, Fidelity and BlackRock.
👉🏻 theblock.co/post/271907/usdc-stablecoin-circle-ipo
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zkLink (ZKL) will have a token sale on the Coinlist platform on January 25th
zkLink $ZKL token sale will occur on the Coinlist on January 25th, 18:00 UTC, with the registration for the sale being live! zkLink is building the first multi-rollup Layer 3 to solve liquidity fragmentation on Ethereum L2 rollups.
🔸 Token Sale Price: $0.15
🔸 Total Sake Allocation: 31,250,000 ZKL
🔸 Total Token Supply: 1,000,000,000 ZKL
👉🏻 coinlist.co/zkLink
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zkLink $ZKL token sale will occur on the Coinlist on January 25th, 18:00 UTC, with the registration for the sale being live! zkLink is building the first multi-rollup Layer 3 to solve liquidity fragmentation on Ethereum L2 rollups.
🔸 Token Sale Price: $0.15
🔸 Total Sake Allocation: 31,250,000 ZKL
🔸 Total Token Supply: 1,000,000,000 ZKL
👉🏻 coinlist.co/zkLink
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Pontem has raised $6M in a funding round led by Lightspeed and Faction
Other investors in the round included Pantera Capital, Aptos Foundation, Wintermute, Altonomy, Shima Capital, Kraken Ventures, Alumni Ventures, and others. This funding brings Pontem's total raised capital to $10.5M, following a $4.5M raise in June 2021 via a private token sale led by Mechanism Capital, Kenetic Capital, and others. Pontem is a Web3 product development studio focused on enabling developers to create apps that are compatible with both Ethereum Virtual Machine and Move, a programming language beyond the Aptos and Sui blockchains.
👉🏻 theblock.co/post/271967/pontem-raises-6-million-to-enable-ethereum-move-compatible-apps
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Other investors in the round included Pantera Capital, Aptos Foundation, Wintermute, Altonomy, Shima Capital, Kraken Ventures, Alumni Ventures, and others. This funding brings Pontem's total raised capital to $10.5M, following a $4.5M raise in June 2021 via a private token sale led by Mechanism Capital, Kenetic Capital, and others. Pontem is a Web3 product development studio focused on enabling developers to create apps that are compatible with both Ethereum Virtual Machine and Move, a programming language beyond the Aptos and Sui blockchains.
👉🏻 theblock.co/post/271967/pontem-raises-6-million-to-enable-ethereum-move-compatible-apps
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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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This digest provides a quick overview of the most significant cryptocurrency news, that's worth your attention.
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Spot Bitcoin $BTC ETFs trading volume reaches $4.6B in the first day of trading
A day after the approval of almost a dozen bitcoin spot exchange-traded funds, the total trading volume exceeded $4.5B. Grayscale Bitcoin Trust Btc ($GBTC) has attracted half of the total volume, while BlackRock & Fidelity went 1 & 2 absent GBTC, with volume of $1.03B and $712M respectively.
👉🏻 twitter.com/jseyff/status/1745553105901474213
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A day after the approval of almost a dozen bitcoin spot exchange-traded funds, the total trading volume exceeded $4.5B. Grayscale Bitcoin Trust Btc ($GBTC) has attracted half of the total volume, while BlackRock & Fidelity went 1 & 2 absent GBTC, with volume of $1.03B and $712M respectively.
👉🏻 twitter.com/jseyff/status/1745553105901474213
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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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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.
CryptoDep | Community Chat | Twitter | Telegram
AltLayer has rolled out the Nitrogen, a public Arbitrum Orbit testnet
AltLayer, an Ethereum scaling startup, has introduced Nitrogen, its public Arbitrum Orbit testnet using Celestia as modular data availability layer. Moreover, Nitrogen is secured by working Arbitrum Nitro fraud proofs and integrates with Celestia Blobstream on Arbitrum Sepolia. Earlier in 2022, AltLayer raised $7.2M in a seed funding round and received an investment from Binance Labs in 2023.
👉🏻 twitter.com/alt_layer/status/1745107759396438092
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AltLayer, an Ethereum scaling startup, has introduced Nitrogen, its public Arbitrum Orbit testnet using Celestia as modular data availability layer. Moreover, Nitrogen is secured by working Arbitrum Nitro fraud proofs and integrates with Celestia Blobstream on Arbitrum Sepolia. Earlier in 2022, AltLayer raised $7.2M in a seed funding round and received an investment from Binance Labs in 2023.
👉🏻 twitter.com/alt_layer/status/1745107759396438092
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SkyArk Chronicles has raised $15M in a funding round led by Binance Labs
SkyArk Chronicles has announced the closure of its $15M investment round led by Binance Labs. Additional investors included GuildFi, Jambo, Gate Ventures, Maven Capital, Signum Capital, BreederDAO, Kyros Ventures, UOB Ventures, Cogitent Ventures, and others. The SkyArkVerse is a multiverse of monsters and heroes with both fantastical and urban realms, where players can own SkyLands, SkyHeroes, SkyLegends, and more across the multiverse.
👉🏻 twitter.com/SkyarkS/status/1745734527404880067
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SkyArk Chronicles has announced the closure of its $15M investment round led by Binance Labs. Additional investors included GuildFi, Jambo, Gate Ventures, Maven Capital, Signum Capital, BreederDAO, Kyros Ventures, UOB Ventures, Cogitent Ventures, and others. The SkyArkVerse is a multiverse of monsters and heroes with both fantastical and urban realms, where players can own SkyLands, SkyHeroes, SkyLegends, and more across the multiverse.
👉🏻 twitter.com/SkyarkS/status/1745734527404880067
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Coin of the day by social activity - Litecoin (LTC)
Litecoin $LTC is an open source, global payment network that is fully decentralized without any central authorities.
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Litecoin $LTC is an open source, global payment network that is fully decentralized without any central authorities.
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Everdome (DOME) gets listed on Bitget in the Innovation and Metaverse zones
Trading for the DOME/USDT trading pair is now live on Bitget! Deposits are now live and withdrawals will open on January 13th, 12:00 UTC. Everdome is a metaverse experience platform that ushers in a new era of human experience by stimulating human interaction, joining the physical and digital worlds through the creation of an enhanced.
👉🏻 bitget.com/support/articles/12560603803458
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Trading for the DOME/USDT trading pair is now live on Bitget! Deposits are now live and withdrawals will open on January 13th, 12:00 UTC. Everdome is a metaverse experience platform that ushers in a new era of human experience by stimulating human interaction, joining the physical and digital worlds through the creation of an enhanced.
👉🏻 bitget.com/support/articles/12560603803458
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Top 10 dApps on Polygon by Volume (30d)
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 #Polygon by volume in the last 30 days, according to the data from DappRadar.
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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 #Polygon by volume in the last 30 days, according to the data from DappRadar.
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Optimism has distributed 30M $OP among participants of the RetroPGF program Round 3
Optimism, a Layer 2 blockchain network, has allocated 30M $OP (~$125M) to contributors across four categories: OP stack, collective governance, developer ecosystem, and end user experience and adoption. Moreover, Optimism has announced the upcoming rounds of RetroPGF in 2024. RetroPGF is an economic flywheel that is designed to support a positive impact on the Optimism Collective.
👉🏻 optimism.mirror.xyz/37Bgum6MfTJWDuE41CH9RXSH5KBm_RCL5zsSFeRZl4E
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Optimism, a Layer 2 blockchain network, has allocated 30M $OP (~$125M) to contributors across four categories: OP stack, collective governance, developer ecosystem, and end user experience and adoption. Moreover, Optimism has announced the upcoming rounds of RetroPGF in 2024. RetroPGF is an economic flywheel that is designed to support a positive impact on the Optimism Collective.
👉🏻 optimism.mirror.xyz/37Bgum6MfTJWDuE41CH9RXSH5KBm_RCL5zsSFeRZl4E
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Injective (INJ) has released its largest mainnet upgrade to date named Volan
The central to the Volan upgrade is the integration of a software module focusing on real-world assets (RWA). Another aspect of the upgrade is the expansion of the IBC protocol on Injective, allowing improved interaction between Injective and other chains within the Cosmos ecosystem.
Injective has also introduced changes to the token’s on-chain inflation parameters, aiming to make $INJ increasingly deflationary over time. Injective is a Layer 1 blockchain for finance.
👉🏻 blog.injective.com/en/a-new-era-of-injective-the-volan-mainnet-upgrade
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The central to the Volan upgrade is the integration of a software module focusing on real-world assets (RWA). Another aspect of the upgrade is the expansion of the IBC protocol on Injective, allowing improved interaction between Injective and other chains within the Cosmos ecosystem.
Injective has also introduced changes to the token’s on-chain inflation parameters, aiming to make $INJ increasingly deflationary over time. Injective is a Layer 1 blockchain for finance.
👉🏻 blog.injective.com/en/a-new-era-of-injective-the-volan-mainnet-upgrade
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SatoshiVM (SAVM) has announced a strategic partnership with MultiBit (MUBI)
SatoshiVM has teamed up with MultiBit, a dual-sided bridge designed for easy cross-network transfers between BRC20 and ERC20 tokens. Under this collaboration, SatoshiVM and MultiBit will support new projects under the inscription/brc20 category that seek to leverage the capabilities of the SatoshiVM ecosystem. SatoshiVM is a decentralized Bitcoin ZK Rollup Layer2 compatible with the EVM ecosystem and uses native BTC as gas.
👉🏻 twitter.com/SatoshiVM/status/1745762443513454773
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SatoshiVM has teamed up with MultiBit, a dual-sided bridge designed for easy cross-network transfers between BRC20 and ERC20 tokens. Under this collaboration, SatoshiVM and MultiBit will support new projects under the inscription/brc20 category that seek to leverage the capabilities of the SatoshiVM ecosystem. SatoshiVM is a decentralized Bitcoin ZK Rollup Layer2 compatible with the EVM ecosystem and uses native BTC as gas.
👉🏻 twitter.com/SatoshiVM/status/1745762443513454773
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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
This digest provides a quick overview of the most significant cryptocurrency news, that's worth your attention.
CryptoDep | Community Chat | Twitter | Telegram
Top Recent Crypto Fundraising Events
Presenting a list of some recent crypto fundraising rounds, backed by well-known investors such as Binance Labs, Pantera Capital, Polychain Capital, Morningstar Ventures, ParaFi Capital, ZBS Capital, Maven Capital, Wintermute, Framework Ventures, Blizzard, Shima Capital, Kraken, Aptos, and others. Let's take a look!
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Presenting a list of some recent crypto fundraising rounds, backed by well-known investors such as Binance Labs, Pantera Capital, Polychain Capital, Morningstar Ventures, ParaFi Capital, ZBS Capital, Maven Capital, Wintermute, Framework Ventures, Blizzard, Shima Capital, Kraken, Aptos, and others. Let's take a look!
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Hedera has approved a $408M worth of $HBAR allocation for ecosystem growth
The Hedera Council has decided to allocate 4.86B $HBAR for further development of the Hedera network and advanced decentralized governance. The lion’s share of this allocation - 4.248B $HBAR, will be directed toward existing initiatives, including the HBAR Foundation, the Hashgraph Association, and the DLT Science Foundation. Hedera is an open source, leaderless proof-of-stake network that powers the next generation of the web.
👉🏻 hedera.com/blog/hedera-allocates-additional-funds-to-ecosystem-development
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The Hedera Council has decided to allocate 4.86B $HBAR for further development of the Hedera network and advanced decentralized governance. The lion’s share of this allocation - 4.248B $HBAR, will be directed toward existing initiatives, including the HBAR Foundation, the Hashgraph Association, and the DLT Science Foundation. Hedera is an open source, leaderless proof-of-stake network that powers the next generation of the web.
👉🏻 hedera.com/blog/hedera-allocates-additional-funds-to-ecosystem-development
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