​​Initia has raised $7.5M in a seed funding round led by Delphi Digital

Initia closes its $7.5M seed investment led by Delphi Digital. Additional round participants included Hack VC, Nascent, Big Brain Holdings, Figment Capital, a capital, and other angels. Back in October 2023, Initia received an investment from Binance Labs. The project is currently conducting its testnet with the mainnet scheduled for Q2 2024. Initia Layer 1 is used to coordinate security, liquidity, routing, and interoperability throughout the network of interwoven rollups on Initia’s vm-agnostic optimistic rollup framework: the OPinit Stack.

👉🏻 x.com/initiaFDN/status/1762478470075183371

CryptoDep | Community Chat | Twitter | Telegram

​​BeFi Labs (BEFI) has announced an integration of the Magic Eden wallet

BeFi Labs integrates with the Magic Eden wallet to ease the way BRC20 trading is accessed. Through this collaboration, 150,000 users will be able to explore and trade BRC20s and Ordinals directly with the Magic Eden wallet. BeFi Labs recently partnered with BakerySwap, a decentralized exchange that uses an automated market maker model. BeFi Labs is a native BRC-20 & Ordinals trading terminal with rapid transactions and zero fees.

👉🏻 x.com/BefiLabs/status/1762491630701994034

CryptoDep | Community Chat | Twitter | Telegram

​​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

​​Ice Network (ICE) will be listed on Bitget in the Innovation and Web3 zones today

Trading for the ICE/USDT will be live on Bitget, on February 28th, at 11:00 AM UTC. Deposits are now open and withdrawals will open on February 29th, 12:00 UTC. Ice represents the next generation of digital currency, mineable on any mobile device.

👉🏻 bitget.com/support/articles/12560603805693

CryptoDep | Community Chat | Twitter | Telegram

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

Karak closes its $48M Series A investment round, reaching a $1B valuation. Round participants included Lightspeed, Mubadala Capital, Bain Capital, Pantera Capital, Framework and DCG. Karak is the risk management Layer 2 blockchain with restaking, AI, and a new generation of secure applications. The project has also launched its invite-only early access XP program where users can earn XP for bridging assets.

👉🏻 twitter.com/Karak_Network/status/1762561635678597335

CryptoDep | Community Chat | Twitter | Telegram

​​BounceBit announces an upcoming launch of its testnet on March 8th

BounceBit will roll out its testnet on March 8th. Users can now register for an account and deposit $100 to claim their BounceClub. BounceBit has also introduced its Premium Yield Generation for early-access users who stake at least 0.1 $BTCB. BounceBit is the first-ever native BTC staking chain, secured by staking both Bitcoin and BounceBit tokens.

👉🏻 twitter.com/bounce_bit/status/1762767433927217424

CryptoDep | Community Chat | Twitter | Telegram

​​TOP 10 Social-Fi dApps by Volume (30d)

Let's take a look at the top 10 social-fi dApps, based on the total amount of incoming value to dapp's smart contracts over the past 30 days. Social-Fi brings together the principles of social media and decentralized finance by offering a Web3 approach to creating, managing, and owning social media platforms and the content generated by its participants.

CryptoDep | Community Chat | Twitter | Telegram

​​Nibiru (NIBI) partners with dAppLabs, an incubator launching NibiStarter

Nibiru teams up with the dAppLabs incubator that will help and incubate the funding processes of projects in the Nibiru ecosystem. DappLabs will incubate Nibistarter, a launchpad that simplifies onboarding, enabling users to effortlessly sign up using their social media accounts. Nibiru is an L1 blockchain powering a smart contract hub with DeFi, RWAs, and more, backed by Hashkey, NGC Ventures, ArkStream Capital, MV Global, and others. Previously, it has conducted its $NIBI token sale on Coinlist.

👉🏻 twitter.com/nibiruchain/status/1762582266054955298

CryptoDep | Community Chat | Twitter | Telegram

​​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, Polygon, and Bitcoin networks have drawn the largest numbers of users lately.

CryptoDep | Community Chat | Twitter | Telegram

​​QED Protocol has raised $3M in funding led by Arrington Capital

QED, a zk-Native blockchain protocol for Bitcoin ecosystem, closes its $3M funding round led by Arrington Capital with participation from Starkware, Paper Ventures, Anagram, Valhalla Capital, Draper Dragon, Blockchain Builders Fund, Lbk Labs, and Edessa Capital. QED is Bitcoin’s native execution layer, designed to address the challenges of Web3 development.

👉🏻 chainwire.org/2024/02/27/qed-secures-3-million-in-funding-to-propel-fully-trustless-zero-knowledge-applications-across-the-bitcoin-ecosystem

CryptoDep | Community Chat | Twitter | Telegram

​​Total Value Locked (TVL) in zkSync Era Ecosystem

Let's take a look at the general TVL overview of the whole #zkSync Era ecosystem, diving into the rankings of top chain's protocols by TVL, their market share, and current market stats. According to the data from DefiLama, SyncSwap leads by TVL, followed by ZeroLend, Mute, zkSwap, Velocore, and others.

CryptoDep | Community Chat | Twitter | Telegram

​​Lens Protocol has announced the transition to the permissionless phase

Lens Protocol, a social graph platform developed by Aave, has entered a permissionless phase. This transition allows users to create their profiles and join the platform for a fee of 10 $MATIC tokens or to pay a similar amount with a credit card. The current Lens version 2 focuses on Open Actions, a feature that enables the execution of any external smart contract action directly from Lens’ content posts. Lens Protocol previously closed its $15M funding round led by IDEO CoLab Ventures with participation from General Catalyst, Variant, Blockchain Capital, dao5, Flamingo DAO, and others.

👉🏻 theblock.co/post/279335/blockchain-based-social-graph-lens-enters-permissionless-phase

CryptoDep | Community Chat | Twitter | Telegram

​​Gaming & Metaverse Projects by Social Activity

Posts. Posts measure 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

​​QORPO (QORPO) will be listed on Bybit and KuCoin on February 29th

Trading for the $QORPO token will go live on Bybit and KuCoin, on February 29th, at 10:00 AM UTC! The $QORPO token unifies the QORPO WORLD ecosystem from Citizen Conflict and AneeMate shooter to gaming ID, marketplace & esports interface. QORPO is also conducting its airdrop campaign with 4.3% of the total supply allocated to rewards. QORPO World, a developer of the Citizen Conflict game, brings accessible Web3 innovations to Web2 gamers and simplifies blockchain for everyday players.

👉🏻 twitter.com/QORPOworld/status/1760668197743923243

CryptoDep | Community Chat | Twitter | Telegram

​​Backpack raises $17M in a Series A funding round led by Placeholder VC

Backpack has closed its $17M Series A funding at a valuation of $120M. Other investors included Wintermute, Robot Ventures, Hashed, Selini Capital, and Amber Group. Built by former FTX and Alameda Research employees, Backpack is a Dubai-based company that also offers a crypto wallet and an NFT collection called Mad Lads. The firm also raised $20M back in September 2022 from Jump Crypto, FTX Ventures, Multicoin Capital, and others.

👉🏻 bloomberg.com/news/articles/2024-02-28/ftx-alameda-alum-raise-17-million-for-crypto-exchange-backpack

CryptoDep | Community Chat | Twitter | Telegram

​​Top Projects by Price Performance in February

CryptoDep | Community Chat | Twitter | Telegram

​​VanEck rolls out SegMint, a self-custodial NFT marketplace and digital assets platform

VanEck, a global investment manager, has launched an NFT marketplace and digital assets platform called SegMint in collaboration with Nueva.Tесh, Delegate.хуz, MINTangible.іо, Portаls.tо and Walletchat fun. SegMint aims to simplify the self-custodial sharing of digital assets by providing custom multi-sig wallet solutions, NFT minting capabilities, and token-gated utility. VanEck was one of the first to file an application for a spot bitcoin ETF in the U.S..

👉🏻 theblock.co/post/279539/vaneck-launches-nft-marketplace-segmint

CryptoDep | Community Chat | Twitter | Telegram

​​ether.fі has raised $27M in a round led by Bullish Capital and CoinFund

ether.fi. a liquid restaking protocol, closes its $27M Series A investment round led by Bullish Capital and CoinFund, with participation from Arrington Capital, OKX Ventures, Foresight Ventures, Consensys, Amber, Bankless Ventures, Selini, Chapter One, and others. The project now has $1.66B in TVL. The $27M is split between a previously unannounced SAFE closed late last year and a Series A.

👉🏻 x.com/ether_fi/status/1762841187356979302

CryptoDep | Community Chat | Twitter | Telegram

​​SatoshiVM (SAVM) has announced an integration of Particle Network (PARTI)

SatoshiVM will integrate Particle Network to bring a modular account abstraction stack on its testnet. Under this collaboration, users can use $SAVM and $BTC from a single wallet with Particles BTC Connect. SatoshiVM is a decentralized Bitcoin ZK Rollup Layer-2 solution compatible with the Ethereum Virtual Machine (EVM) ecosystem, utilizing native BTC as gas.

👉🏻 twitter.com/satoshivm/status/1762833256880263603

CryptoDep | Community Chat | Twitter | Telegram

​​Top AI-powered Projects by Developer Activity (30d)

Dev.Activity - the development activity of a project done in its public Github repositories. Development Activity metrics are measured in a number of Github events.

CryptoDep | Community Chat | Twitter | Telegram

​​Coti (COTI) will kick off the devnet of the COTI V2 network in early Q2

Coti announces an upcoming launch of the COTI V2 devnet along with the grant program. COTI V2 plans to bring confidential transactions and allow dApps to offer new products and services, while increasing both the privacy and security of services they offer. Developers will have the opportunity to take their existing dApps and create robust overhauls using the COTI V2 data security, or develop new DeFi-driven dApps that simply weren’t possible before now. Moreover, the COTI Foundation will bolster the growth of the COTI ecosystem using its substantial development fund.

👉🏻 medium.com/cotinetwork/announcing-cotis-upcoming-eth-l2-developer-network-and-key-target-use-cases-for-its-growth-fund-1619c5cd0664

CryptoDep | Community Chat | Twitter | Telegram