Crypto Events Recap, October 29-30
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-october-29-30-2024
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-october-29-30-2024
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.53T (-1.04%)
BTC Price: $72,210 (-0.12%)
BTC Dominance: 56.5% (+0.30%)
Fear & Greed Index: 77 (Extreme Greed)
Total Value Locked: $147B (+2.14%)
Total Market Capitalization: $2.53T (-1.04%)
BTC Price: $72,210 (-0.12%)
BTC Dominance: 56.5% (+0.30%)
Fear & Greed Index: 77 (Extreme Greed)
Total Value Locked: $147B (+2.14%)
Coinbase announces the $1 billion share buyback
Coinbase also claims its balance sheet is "strong" as the company ended the third quarter with $8.2B in resources, an increase of $417M from the previous quarter. The net income grew to $75M in this most recent quarter versus $36M in the second quarter.
👉 theblock.co/post/323819/coinbase-announces-1-billion-share-buyback-as-it-reports-q3-earnings
Coinbase also claims its balance sheet is "strong" as the company ended the third quarter with $8.2B in resources, an increase of $417M from the previous quarter. The net income grew to $75M in this most recent quarter versus $36M in the second quarter.
👉 theblock.co/post/323819/coinbase-announces-1-billion-share-buyback-as-it-reports-q3-earnings
GraFun has joined the season 8 of Binance Labs MVB Program
GraFun is a Memecoin Launchpad and trading platform on BNB Chain that introduces a Fair Curve feature aimed at promoting fair launches and long-term investment in memecoins.
👉 x.com/GraFunLabs/status/1851568220940943498
GraFun is a Memecoin Launchpad and trading platform on BNB Chain that introduces a Fair Curve feature aimed at promoting fair launches and long-term investment in memecoins.
👉 x.com/GraFunLabs/status/1851568220940943498
FTX sues KuCoin to recover over $50M in locked assets
Alameda Research, the FTX subsidiary, claims KuCoin refused to release frozen assets now worth over $50M, up from an initial $28M, despite several communications. Previously, FTX dropped the similar lawsuit against Bybit exchange in a $228M settlement.
👉 cointelegraph.com/news/ftx-estate-sues-kucoin-recover-assets
Alameda Research, the FTX subsidiary, claims KuCoin refused to release frozen assets now worth over $50M, up from an initial $28M, despite several communications. Previously, FTX dropped the similar lawsuit against Bybit exchange in a $228M settlement.
👉 cointelegraph.com/news/ftx-estate-sues-kucoin-recover-assets
Top-15 Price Gainers in October
Among the top performers are Virtuals Protocol, an AI x Metaverse Protocol that is building the future of virtual interactions, SPX6900, a meme token inspired by the superior perfomance of S&P500 index, and EtherVista, a DEX that optimizes liquidity provision.
Among the top performers are Virtuals Protocol, an AI x Metaverse Protocol that is building the future of virtual interactions, SPX6900, a meme token inspired by the superior perfomance of S&P500 index, and EtherVista, a DEX that optimizes liquidity provision.
bitSmiley (SMILE) farming is now live Bybit Launchpool
The Launchpool event will last till November 5. During this period, users can stake USDT and MNT to obtain a share of 2,100,000 SMILE. bitSmiley is a stablecoin, lending and derivatives protocol on Bitcoin, enabling users to mint bitUSD, an over-collateralized stablecoin.
👉 announcements.bybit.com/article/bybit-launchpool-stake-usdt-or-mnt-to-earn-a-share-of-2-100-000-smile--blt6c4211f2367f4b36/
The Launchpool event will last till November 5. During this period, users can stake USDT and MNT to obtain a share of 2,100,000 SMILE. bitSmiley is a stablecoin, lending and derivatives protocol on Bitcoin, enabling users to mint bitUSD, an over-collateralized stablecoin.
👉 announcements.bybit.com/article/bybit-launchpool-stake-usdt-or-mnt-to-earn-a-share-of-2-100-000-smile--blt6c4211f2367f4b36/
=nil; Foundation announced the launch of its public Testnet V1
The Testnet V1.0 includes several protocol upgrades, DevEx improvements, and examples of network usecases. The Testnet is now live and available for public users. Additionally, =nil; announced 2 more Testnet releases before Mainnet launch in 2025.
👉 x.com/nil_foundation/status/1851626471481368646
The Testnet V1.0 includes several protocol upgrades, DevEx improvements, and examples of network usecases. The Testnet is now live and available for public users. Additionally, =nil; announced 2 more Testnet releases before Mainnet launch in 2025.
👉 x.com/nil_foundation/status/1851626471481368646
Ethereum-based solar project Glow Labs raised $30 million in funding
Among the round investors are Framework Ventures and Union Square Ventures. The company secured $6.5 million to help fund Glow’s operations in addition to $23.5 million, which will support the expansion of solar farms in India.
👉 theblock.co/post/323935/ethereum-based-solar-project-glow-raises-30-million-in-funding-round-led-by-framework
Among the round investors are Framework Ventures and Union Square Ventures. The company secured $6.5 million to help fund Glow’s operations in addition to $23.5 million, which will support the expansion of solar farms in India.
👉 theblock.co/post/323935/ethereum-based-solar-project-glow-raises-30-million-in-funding-round-led-by-framework
Top-15 Cross-Chain Bridges by Volume in October
A cross-chain bridge is a decentralized application that enables the transfer of assets from one blockchain to another.
A cross-chain bridge is a decentralized application that enables the transfer of assets from one blockchain to another.
Citrea announced the closure of its $14 million Series A funding
The Series A funding was led by Founders Fund with participation from Maven11, Mirana, dao5, Erik Voorhees, Balaji Srinivasan, Nikil Viswanathan, Mert Mumtaz, Jameson Lopp, and other angel investors. Citrea is a Bitcoin zero-knowledge rollup.
👉 blog.citrea.xyz/announcing-citrea-series-a-round
The Series A funding was led by Founders Fund with participation from Maven11, Mirana, dao5, Erik Voorhees, Balaji Srinivasan, Nikil Viswanathan, Mert Mumtaz, Jameson Lopp, and other angel investors. Citrea is a Bitcoin zero-knowledge rollup.
👉 blog.citrea.xyz/announcing-citrea-series-a-round
Ellipsis Labs raised $20M from Haun Ventures to launch an Atlas L2
Ellipsis Labs builds apps and infrastructure to create a sustainable foundation for finance. Ellipsis is best known as the builder of Phoenix, the popular orderbook-style exchange on Solana. Previously, Ellipsis closed a $20M Series A round led by Paradigm.
👉 coindesk.com/tech/2024/10/31/ellipsis-labs-raises-20m-from-haun-ventures-to-launch-verifiable-finance-blockchain-atlas
Ellipsis Labs builds apps and infrastructure to create a sustainable foundation for finance. Ellipsis is best known as the builder of Phoenix, the popular orderbook-style exchange on Solana. Previously, Ellipsis closed a $20M Series A round led by Paradigm.
👉 coindesk.com/tech/2024/10/31/ellipsis-labs-raises-20m-from-haun-ventures-to-launch-verifiable-finance-blockchain-atlas
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.43T (-5.37%)
BTC Price: $69,330 (-3.97%)
BTC Dominance: 56.4% (+0.20%)
Fear & Greed Index: 75 (Greed)
Total Value Locked: $140B (-5.13%)
Total Market Capitalization: $2.43T (-5.37%)
BTC Price: $69,330 (-3.97%)
BTC Dominance: 56.4% (+0.20%)
Fear & Greed Index: 75 (Greed)
Total Value Locked: $140B (-5.13%)
Binance has completed 29th BNB Quarterly Burning!
1,772,712 BNB (worth ~$1.07 billion) has been burned!
👉 bnbchain.org/en/blog/29th-bnb-burn
1,772,712 BNB (worth ~$1.07 billion) has been burned!
👉 bnbchain.org/en/blog/29th-bnb-burn
Injective (INJ) unveiled its first native stablecoin - AUSD
The launch of AUSD on Injective enables ecosystem dApps such as DEXs, staking & lending protocols, and others to adopt the stablecoin into their solutions seamlessly. Injective is an open, interoperable Layer 1 specifically tailored for DeFi applications.
👉 blog.injective.com/en/agora-to-launch-native-us-dollar-stablecoin-on-injective/
The launch of AUSD on Injective enables ecosystem dApps such as DEXs, staking & lending protocols, and others to adopt the stablecoin into their solutions seamlessly. Injective is an open, interoperable Layer 1 specifically tailored for DeFi applications.
👉 blog.injective.com/en/agora-to-launch-native-us-dollar-stablecoin-on-injective/
Gunzilla Games (GUN) has received an investment from VanEck
It's the second bet on Web3 gaming by VanEck's liquid token strategy fund. Gunzilla is a developer of the AAA Battle Royale “Off The Grid”. Previously, Off the Grid nabbed the #1 slot on Epic Games surpassing some of the biggest names in the free-to-play genre.
👉 cointelegraph.com/news/vaneck-invests-web3-gaming-startup-gunzilla
It's the second bet on Web3 gaming by VanEck's liquid token strategy fund. Gunzilla is a developer of the AAA Battle Royale “Off The Grid”. Previously, Off the Grid nabbed the #1 slot on Epic Games surpassing some of the biggest names in the free-to-play genre.
👉 cointelegraph.com/news/vaneck-invests-web3-gaming-startup-gunzilla
Top-15 Total Value Locked (TVL) gainers in October
Among the top performers are Dragon Swap V3, the native DeFi Hub on Sei Network, CrossCurve, a cross-chain trading and yield protocol built on Curve, and Cygnus Restake, a decentralized and non-custodial cross-chain restaking protocol.
Among the top performers are Dragon Swap V3, the native DeFi Hub on Sei Network, CrossCurve, a cross-chain trading and yield protocol built on Curve, and Cygnus Restake, a decentralized and non-custodial cross-chain restaking protocol.
M2 crypto exchange was hacked yesterday for $13.7M
The funds were drained from hot wallets on multiple chains, with specific theft addresses noted for Ethereum, Bitcoin, and Solana. Founded in 2022, M2 is a global crypto investment platform, catering to institutional and retail investors with emphasis on regulation.
👉 x.com/M2Exchange/status/1852129490656268320
The funds were drained from hot wallets on multiple chains, with specific theft addresses noted for Ethereum, Bitcoin, and Solana. Founded in 2022, M2 is a global crypto investment platform, catering to institutional and retail investors with emphasis on regulation.
👉 x.com/M2Exchange/status/1852129490656268320
Top 15 projects by positive market sentiment on Oriole Insights
Oriole Insights is a gamified prediction platform harnessing collective wisdom. The list of projects by Bullish expectations with a minimum of 50 predictions and 500 ORI pooled.
👉 https://app.orioleinsights.io/projects
Oriole Insights is a gamified prediction platform harnessing collective wisdom. The list of projects by Bullish expectations with a minimum of 50 predictions and 500 ORI pooled.
👉 https://app.orioleinsights.io/projects
TON Foundation introduced a new governance model called Society DAO
Society DAO seeks to establish open-source access to capital, allowing community projects to earn resources and receive rewards for achieving key performance indicators (KPIs). The Society DAO includes four founding members: TON Core, TON Society, Telegram Wallet, TON Studio.
👉 blog.ton.org/ton-s-path-to-decentralization-the-evolution-of-the-governance-model
Society DAO seeks to establish open-source access to capital, allowing community projects to earn resources and receive rewards for achieving key performance indicators (KPIs). The Society DAO includes four founding members: TON Core, TON Society, Telegram Wallet, TON Studio.
👉 blog.ton.org/ton-s-path-to-decentralization-the-evolution-of-the-governance-model
