Ava Protocol closed a $10 million Seed funding round
The Seed and Seed+ funding round investors include Electric Capital, Taisu Ventures, Bloccelerate VC, BingX, and Shima Capital. Ava Protocol (formerly OAK Network) develops core Web3 infrastructure for intent-based private autonomous transactions.
👉 https://finance.yahoo.com/news/ava-protocol-lands-10m-funding-084706265.html
The Seed and Seed+ funding round investors include Electric Capital, Taisu Ventures, Bloccelerate VC, BingX, and Shima Capital. Ava Protocol (formerly OAK Network) develops core Web3 infrastructure for intent-based private autonomous transactions.
👉 https://finance.yahoo.com/news/ava-protocol-lands-10m-funding-084706265.html
Web Traffic Spotlight in May: Decentralized Exchanges
Web traffic info shows how many users visited a website. The website viewership helps understand the popularity of the website, website audience geography, and other valuable details.
Data provided by similarweb.com
Web traffic info shows how many users visited a website. The website viewership helps understand the popularity of the website, website audience geography, and other valuable details.
Data provided by similarweb.com
Top 15 Projects by Network Growth over the past 30 days
Network growth shows the percentage increase in new addresses that transferred a given token for the first time in the selected period compared to the previous one.
Network growth shows the percentage increase in new addresses that transferred a given token for the first time in the selected period compared to the previous one.
Cookie3 will hold COOKIE initial listing on June 13th, 10:00 UTC
Bybit, KuCoin, Gate, MEXC Global, and Bitget have already announced COOKIE’s upcoming initial listing. Initial Valuation is $28M. Initial COOKIE price is $0.028. Cookie3 is building a set of MarketingFi platforms and Web3 AI marketing solutions.
👉 x.com/Cookie3_com/status/1800840672913805503
Bybit, KuCoin, Gate, MEXC Global, and Bitget have already announced COOKIE’s upcoming initial listing. Initial Valuation is $28M. Initial COOKIE price is $0.028. Cookie3 is building a set of MarketingFi platforms and Web3 AI marketing solutions.
👉 x.com/Cookie3_com/status/1800840672913805503
Layer3 has announced a closure of a $15M Series A funding round
ParaFi and Greenfield Capital co-led the Series A funding round. Other investors include Electric Capital, Immutable, Lattice, Tioga, LeadBlock, and Amber. Layer3 is a token distribution protocol.
👉 theblock.co/post/299755/layer3-funding-token-launch-airdrop
ParaFi and Greenfield Capital co-led the Series A funding round. Other investors include Electric Capital, Immutable, Lattice, Tioga, LeadBlock, and Amber. Layer3 is a token distribution protocol.
👉 theblock.co/post/299755/layer3-funding-token-launch-airdrop
Arthur Hayes joins Covalent as a strategic advisor
Hayes seeks to help Covalent become the leading infrastructure startup and to serve the artificial intelligence industry. Founded in 2019, Covalent provides data infrastructure for over 225 networks, including Bitcoin and Ethereum.
👉 theblock.co/post/299535/arthur-hayes-covalent-advisor-cqt-token
Hayes seeks to help Covalent become the leading infrastructure startup and to serve the artificial intelligence industry. Founded in 2019, Covalent provides data infrastructure for over 225 networks, including Bitcoin and Ethereum.
👉 theblock.co/post/299535/arthur-hayes-covalent-advisor-cqt-token
Lido introduces the Restaking Vaults in collab with Symbiotic and Mellow Finance
A Lido DAO initiative offers Lido's partnering with Mellow, a yield generation platform with restaking "vaults," and Symbiotic, a restaking protocol. Under this initiative, traders will gain access to restaking tools that could help return Lido stETH to center stage.
👉 coindesk.com/tech/2024/06/11/lido-introduces-restaking-vaults-in-collaboration-with-symbiotic-mellow-finance
A Lido DAO initiative offers Lido's partnering with Mellow, a yield generation platform with restaking "vaults," and Symbiotic, a restaking protocol. Under this initiative, traders will gain access to restaking tools that could help return Lido stETH to center stage.
👉 coindesk.com/tech/2024/06/11/lido-introduces-restaking-vaults-in-collaboration-with-symbiotic-mellow-finance
MetaMask has rolled out a pooled staking service for Ethereum
Users will be able to stake any amount of ether to contribute to Ethereum network security and earn validator rewards. The pooled staking service is being rolled out in phases, available to a portion of eligible users from today excluding US and UK users.
👉 theblock.co/post/299709/metamask-pooled-staking-ethereum
Users will be able to stake any amount of ether to contribute to Ethereum network security and earn validator rewards. The pooled staking service is being rolled out in phases, available to a portion of eligible users from today excluding US and UK users.
👉 theblock.co/post/299709/metamask-pooled-staking-ethereum
Top-15 Cross-Chain Bridges by volume in the last 30 days
A cross-chain bridge is a type of decentralized application that enables the transfer of assets from one blockchain to another.
A cross-chain bridge is a type of decentralized application that enables the transfer of assets from one blockchain to another.
Crypto Events Recap, June 11-12
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-june-11-12-2024
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-june-11-12-2024
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.59T (+0.22%)
BTC Price: $67,635 (+0.37%)
BTC Dominance: 51.5% (0.00%)
Fear & Greed Index: 70 (Greed)
Total Value Locked: $164B (+0.23%)
Total Market Capitalization: $2.59T (+0.22%)
BTC Price: $67,635 (+0.37%)
BTC Dominance: 51.5% (0.00%)
Fear & Greed Index: 70 (Greed)
Total Value Locked: $164B (+0.23%)
Terraform Labs to pay $4.47B to resolve a lawsuit filed by SEC
Under the proposed judgement Terraform would pay $3.58B in disgorgement, $420M in a civil penalty and block Do Kwon from becoming an director of any public firm. Kwon would also have to pay about $204 million toward a harmed investors.
👉 theblock.co/post/299820/terraform-agrees-to-pay-4-47-billion-in-proposed-judgment-with-the-sec
Under the proposed judgement Terraform would pay $3.58B in disgorgement, $420M in a civil penalty and block Do Kwon from becoming an director of any public firm. Kwon would also have to pay about $204 million toward a harmed investors.
👉 theblock.co/post/299820/terraform-agrees-to-pay-4-47-billion-in-proposed-judgment-with-the-sec
Moonbeam (GLMR) launches a $13M funding initiative
The $13M package is focused on gaming & RWA tokenization and consists of a $10M innovation fund, $1.5M in Moonbeam eco grants, and $1.5M in Moonriver grants. Moonbeam is a Polkadot-based smart contract platform for building cross-chain apps.
👉 moonbeam.network/news/usd13m-in-funding-fueling-ecosystem-growth-for-gaming-rwas-and-moonriver
The $13M package is focused on gaming & RWA tokenization and consists of a $10M innovation fund, $1.5M in Moonbeam eco grants, and $1.5M in Moonriver grants. Moonbeam is a Polkadot-based smart contract platform for building cross-chain apps.
👉 moonbeam.network/news/usd13m-in-funding-fueling-ecosystem-growth-for-gaming-rwas-and-moonriver
Cookie3 (COOKIE) conducted its listing on multiple exchanges
COOKIE token trading is now live on Bybit, KuCoin, Gate, MEXC Global & Bitget. Current Price is $0.122. Market Capitalization is $7.2M. Diluted Valuation is $122M. Cookie3 is building a set of MarketingFi platforms and Web3 AI marketing solutions.
👉 x.com/Cookie3_com/status/1801194114903675388
COOKIE token trading is now live on Bybit, KuCoin, Gate, MEXC Global & Bitget. Current Price is $0.122. Market Capitalization is $7.2M. Diluted Valuation is $122M. Cookie3 is building a set of MarketingFi platforms and Web3 AI marketing solutions.
👉 x.com/Cookie3_com/status/1801194114903675388
Curve founder faces liquidation after sharp CRV price drop
According to Arkham, Michael Egorov is close to seeing $140M of CRV liquidated. He borrowed around $95.7M in stables, primarily crvUSD, against $141M in CRV. According to the latest updates, Egorov’s $20.2M position on UwULend has been liquidated.
👉 theblock.co/post/299864/curve-founder-loan-positions-liquidation-risk
According to Arkham, Michael Egorov is close to seeing $140M of CRV liquidated. He borrowed around $95.7M in stables, primarily crvUSD, against $141M in CRV. According to the latest updates, Egorov’s $20.2M position on UwULend has been liquidated.
👉 theblock.co/post/299864/curve-founder-loan-positions-liquidation-risk
Ripple has unveiled Ripple USD (RLUSD) stablecoin
Ripple USD is a 1:1 USD-backed stablecoin on XRP Ledger and Ethereum. Ripple hasn’t specified a launch date, but it is expected to take place later this year. Ripple is a fintech company that builds payment systems, while XRP is an independent digital asset.
👉 x.com/Ripple/status/1800891713084613039
Ripple USD is a 1:1 USD-backed stablecoin on XRP Ledger and Ethereum. Ripple hasn’t specified a launch date, but it is expected to take place later this year. Ripple is a fintech company that builds payment systems, while XRP is an independent digital asset.
👉 x.com/Ripple/status/1800891713084613039
Top-15 Total Value Locked (TVL) gainers in the last 30 days
Among the top performers are Pencils Protocol, a platform that offers auction services for blockchain native assets and RWAs, Colend Protocol, a borrow protocol on the Core blockchain, and Puff Penthouse, a memecoin farm on Mantle.
Among the top performers are Pencils Protocol, a platform that offers auction services for blockchain native assets and RWAs, Colend Protocol, a borrow protocol on the Core blockchain, and Puff Penthouse, a memecoin farm on Mantle.
RunesTerminal (RUNI) will hold its IDO on CV Pad on June 18th
The registration period is now live. RUNI sale price - $0.945. Sale Hard Cap - $30K. Initial Marketcap - $1.39M. Diluted Valuation - $19.8M. Vesting - 50% at TGE, then linear vesting over 2 months. RunesTerminal is an infrastructure provider on Bitcoin.
👉 medium.com/@runesterminal/runesterminal-ido-on-cv-pad-detailed-timeline-and-what-to-expect-90d907ae4abf
The registration period is now live. RUNI sale price - $0.945. Sale Hard Cap - $30K. Initial Marketcap - $1.39M. Diluted Valuation - $19.8M. Vesting - 50% at TGE, then linear vesting over 2 months. RunesTerminal is an infrastructure provider on Bitcoin.
👉 medium.com/@runesterminal/runesterminal-ido-on-cv-pad-detailed-timeline-and-what-to-expect-90d907ae4abf
Nuffle Labs has secured $13 million in a Strategic funding round
The funding was led by NEAR Foundation and Electric Capital. Additional funding came from Canonical Crypto, Fabric Ventures, Robot Ventures, and other angel investors. Nuffle Labs builds out NEAR’s Data Availability Layer, the NEAR Fast Finality Layer, and other tools in the NEAR modular product suite.
👉 theblock.co/post/299845/near-foundations-new-independent-entity-nuffle-labs-raises-13-million-in-funding
The funding was led by NEAR Foundation and Electric Capital. Additional funding came from Canonical Crypto, Fabric Ventures, Robot Ventures, and other angel investors. Nuffle Labs builds out NEAR’s Data Availability Layer, the NEAR Fast Finality Layer, and other tools in the NEAR modular product suite.
👉 theblock.co/post/299845/near-foundations-new-independent-entity-nuffle-labs-raises-13-million-in-funding
Web Traffic Spotlight in May: NFT Marketplaces
Web traffic info shows how many users visited a website. The website viewership helps understand the popularity of the website, website audience geography, and other valuable details.
Data provided by similarweb.com
Web traffic info shows how many users visited a website. The website viewership helps understand the popularity of the website, website audience geography, and other valuable details.
Data provided by similarweb.com
