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​​Binance Labs makes an investment in the Delphinus Lab zkWASM Virtual Machine

Binance Labs has invested in Delphinus Lab, an infrastructure provider for the zkWASM space with the first fully implemented open-source zkWASM virtual machine for developers. The fresh capital will be used towards the ongoing development of Delphinus Lab's zkWASM-based application rollup platform, zkWASM Hub. Delphinus Lab aims to grow the ecosystem of Web3 DApps through a dedicated application-specific rollup service built on top of its novel zkWASM implementation.

πŸ‘‰πŸ» binance.com/en/blog/ecosystem/binance-labs-invests-in-delphinus-lab-the-first-opensource-zkwasm-virtual-machine-to-support-next-era-of-web3-applications-3444797851566042967

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​​Top Projects with Market Capitalization under $10M
21 August 2023

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​​Recur NFT platform winds down its operations after raising $50M in Series A

Recur, the NFT platform, has disclosed its decision to shut down its operations less than two years after raising $50M in a series A funding round. The shutdown will occur in phases, beginning with the disabling of sales on August 18th, followed by the cessation of all site functions by November 16th. Although the team has not announced the specific reasons for the shutdown, they reported about citing an unforeseen challenges and shifts in the business landscape

πŸ‘‰πŸ» theblock.co/post/246477/recur-to-shut-down-less-than-two-years-after-raising-50-million-in-series-a

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​​Crypto News Digest: Key Updates You Need to Know
21 August 2023

This digest provides a quick overview of the most significant cryptocurrency news, that's worth your attention.

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​​Trending Searches by CoinGecko
22 August 2023

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​​Coinbase has announced the acquisition of an equity stake in Circle (USDC)

Coinbase exchange makes an investment in Circle $USDC stablecoin issuer and purchases an equity stake in the company. Through this deal, the companies are also assigning full control of USDC’s issuance and governance to Circle while disbanding Centre Consortium, the organization founded to manage the stablecoin. Moreover, the stablecoin will be launched on six new unspecified blockchains.

πŸ‘‰πŸ» coinbase.com/blog/ushering-in-the-next-chapter-for-usdc

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​​Top Ethereum Layer 2 Projects by Total Value Locked (TVL)
22 August 2023

TVL is the overall value of crypto assets deposited in Ethereum Layer 2 networks. The overall TVL among all projects now equals $9.90B with Arbitrum $ARB, Optimism $OP, zkSync Era, dYdX $DYDX, and Base making the top leaders.

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​​Top 10 dApps on Avalanche by Volume (30d)
22 August 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 #Avalanche by volume in the last 30 days, according to the data from DappRadar.

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​​Top Projects with Market Capitalization under $20M
22 August 2023

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​​TOP GAINERS OF THE DAY!
22 August 2023

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​​Coin of the day by social activity - Mango Markets (MNGO).
22 August 2023

Mango Markets is a decentralized exchange (DEX) built on the Solana blockchain.

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​​Top DeFi Projects by Developer Activity
22 August 2023

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.

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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​​Top Blockchain dApps by Total Revenue (30d)
22 August 2023

In this post, we analyze the data from Token Terminal and rank the top blockchain dApps by total revenue in the last 30 days.

The top 5 protocols include Friend Tech, a web3 social application on the Coinbase-incubated Layer 2 chain Base, which provides a platform for trading shares in Twitter accounts. Friendβ€€tech earned $5M in commissions in the past 11 days and outperformed the top projects in terms of total transaction fees, behind only LDO and ETH.

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​​Crypto News Digest: Key Updates You Need to Know
22 August 2023

This digest provides a quick overview of the most significant cryptocurrency news, that's worth your attention.

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​​Trending Searches by CoinGecko
23 August 2023

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​​BNB Chain Ecosystem Coins by Social Activity
23 August 2023

Social Mentions. Social mentions and activity from all collected sources over time.

Social Engagement measures total social activity and includes upvotes, favs, retweets, replies, and followers.

Social Dominance. Social Dominance calculates the "share of voice" across all social media data.

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​​Top Projects with Market Capitalization under $30M
23 August 2023

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​​Top 10 NFT Marketplaces by Volume (30d)
23 August 2023

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 volume in the last 30 days, according to the data from DappRadar.

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​​Tether burns 1.2B $USDT on the Tron network, accrued in the treasury wallet

Tether, the largest stablecoin issuer, has conducted the burning event of 1.2B $USDT on the Tron network, accrued in the treasury wallet, as part of past period chain swaps and redemptions. This move will not affect $USDT total supply. Tether is the company that powers the largest stablecoin by market capitalization, $USDT.

πŸ‘‰πŸ» twitter.com/tether_to/status/1694035278900731973

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​​Coin of the day by social activity - Ripple (XRP).
23 August 2023

Ripple is a money transfer network designed to serve the needs of the financial services industry.

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​​Top Blockchains by Daily Active Users
23 August 2023

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

Recently, the number of daily active users on Base surged to 100,000, boosted by frΡ–Π΅nd.tech it has surpassed Optimism and Arbitrum in transaction volume.

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