Babylon announces the closure of its $70M investment round led by Paradigm
Babylon, a bitcoin staking protocol under development, raises $70M in its latest funding round led by Paradigm. Additional round participants included Polychain Capital, Bullish, Galaxy, HashKey Capital, Amber Group, IOSG Ventures, HTX Ventures, Hack VC, LD Capital, ViaBTC Capital, and imToken Ventures among others.
The project has previously raised $18M in funding backed by Polychain and Hack VC, along with an undisclosed investment from Binance Labs. The Babylon protocol will allow bitcoin holders to stake their coins on proof-of-stake blockchains and earn yield.
👉🏻 x.com/babylon_chain/status/1796171723471258091
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Babylon, a bitcoin staking protocol under development, raises $70M in its latest funding round led by Paradigm. Additional round participants included Polychain Capital, Bullish, Galaxy, HashKey Capital, Amber Group, IOSG Ventures, HTX Ventures, Hack VC, LD Capital, ViaBTC Capital, and imToken Ventures among others.
The project has previously raised $18M in funding backed by Polychain and Hack VC, along with an undisclosed investment from Binance Labs. The Babylon protocol will allow bitcoin holders to stake their coins on proof-of-stake blockchains and earn yield.
👉🏻 x.com/babylon_chain/status/1796171723471258091
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ARPA Network (ARPA) has raised $6M in a strategic funding round
ARPA Network, a pioneer in decentralized secure computation, secures $6M in a round led by Nomura’s Laser Digital and DeFiance Capital to expand product offerings in fully on-chain Gaming and Cryptographic AI. Among other investors are Animoca Ventures, Metrics Ventures, ArkStream Capital, and Trinito. ARPA Network is previously backed by Binance Labs, Arrington Capital, and DWF Labs.
👉🏻 arpa.medium.com/arpa-network-secures-6m-strategic-investment-led-by-nomuras-laser-digital-and-defiance-capital-to-630ef27248ea
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ARPA Network, a pioneer in decentralized secure computation, secures $6M in a round led by Nomura’s Laser Digital and DeFiance Capital to expand product offerings in fully on-chain Gaming and Cryptographic AI. Among other investors are Animoca Ventures, Metrics Ventures, ArkStream Capital, and Trinito. ARPA Network is previously backed by Binance Labs, Arrington Capital, and DWF Labs.
👉🏻 arpa.medium.com/arpa-network-secures-6m-strategic-investment-led-by-nomuras-laser-digital-and-defiance-capital-to-630ef27248ea
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CARV (CARV) Node Sale goes live on MOOAR, Solanium, and Vent Finance
CARV brings its node sale to the MOOAR, Solanium, and Vent Finance launchpads. Users can now participate in the nodes NFT raffle on MOOAR, and register for upcoming sales on Solanium and Vent Finance. Solanium has already opened the whitelist applications and will start the sale on May 31st, at 17:00 UTC. The sale on Vent Finance will be divided into a guaranteed allocation phase and an FCFS phase, starting on June 1st, 16:00 UTC, and June 2nd, 18:10 UTC respectively.
The project has previously raised $10M in its Series A funding from OKX Ventures, IOSG Ventures, Fenbushi Capital, Hashkey, and others. CARV Protocol is a modular data layer for gaming and AI.
👉🏻 x.com/carv_official/status/1795362569643028747
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CARV brings its node sale to the MOOAR, Solanium, and Vent Finance launchpads. Users can now participate in the nodes NFT raffle on MOOAR, and register for upcoming sales on Solanium and Vent Finance. Solanium has already opened the whitelist applications and will start the sale on May 31st, at 17:00 UTC. The sale on Vent Finance will be divided into a guaranteed allocation phase and an FCFS phase, starting on June 1st, 16:00 UTC, and June 2nd, 18:10 UTC respectively.
The project has previously raised $10M in its Series A funding from OKX Ventures, IOSG Ventures, Fenbushi Capital, Hashkey, and others. CARV Protocol is a modular data layer for gaming and AI.
👉🏻 x.com/carv_official/status/1795362569643028747
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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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Neynar has raised $11M in its Series A funding round led by Haun Ventures
Neynar, a provider of tools for developers to build decentralized social networks, closes its Series A investment led by Haun Ventures. Additional round participants included a16z, CSX, Coinbase Ventures, and Union Square Ventures. Most developers who currently use Neynar’s services are building social applications on Farcaster, although the company aims to become the go-to inventory for developing any social protocol.
👉🏻 fortune.com/crypto/2024/05/30/haun-ventures-coinbase-and-a16z-invest-11-million-in-neynar-a-toolbox-for-web3-social-networks
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Neynar, a provider of tools for developers to build decentralized social networks, closes its Series A investment led by Haun Ventures. Additional round participants included a16z, CSX, Coinbase Ventures, and Union Square Ventures. Most developers who currently use Neynar’s services are building social applications on Farcaster, although the company aims to become the go-to inventory for developing any social protocol.
👉🏻 fortune.com/crypto/2024/05/30/haun-ventures-coinbase-and-a16z-invest-11-million-in-neynar-a-toolbox-for-web3-social-networks
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AutoLayer (LAY3R) announced its upcoming IDO on Magic Launchpad
AutoLayer will conduct its $LAY3R IDO on the Magic Launchpad, with more sale details to be published soon. Earlier this spring, AutoLayer announced its IDO on the Poolz Finance platform. AutoLayer is the LRTfi hub on Arbitrum, which offers one-click liquid restaking and staking along with other DeFi strategies and incentives, backed by Morningstar Ventures, Poolz Ventures, and more.
👉🏻 x.com/AutoLayer/status/1796185386944782841
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AutoLayer will conduct its $LAY3R IDO on the Magic Launchpad, with more sale details to be published soon. Earlier this spring, AutoLayer announced its IDO on the Poolz Finance platform. AutoLayer is the LRTfi hub on Arbitrum, which offers one-click liquid restaking and staking along with other DeFi strategies and incentives, backed by Morningstar Ventures, Poolz Ventures, and more.
👉🏻 x.com/AutoLayer/status/1796185386944782841
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Ultiverse (ULTI) will be initially listed on the OKX exchange on June 6th
Trading for the ULTI/USDT trading pair will go live on OKX, on June 6th, at 10:00 AM UTC. Deposits are now open and withdrawals will open on June 7th, at 10:00 AM UTC. The project will be also launched on OKX Jumpstart on June 3rd, with 300M $ULTI tokens (3% of total supply) being allocated to the farming pools. Backed by Binance Labs, Sequoia, Animoca Brands, Polygon Ventures, Morningstar Ventures, and others, Ultiverse is building the web3 social gaming metaverse, by connecting web3 with an immersive VR-compatible virtual world.
👉🏻 x.com/UltiverseDAO/status/1796388554182172682
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Trading for the ULTI/USDT trading pair will go live on OKX, on June 6th, at 10:00 AM UTC. Deposits are now open and withdrawals will open on June 7th, at 10:00 AM UTC. The project will be also launched on OKX Jumpstart on June 3rd, with 300M $ULTI tokens (3% of total supply) being allocated to the farming pools. Backed by Binance Labs, Sequoia, Animoca Brands, Polygon Ventures, Morningstar Ventures, and others, Ultiverse is building the web3 social gaming metaverse, by connecting web3 with an immersive VR-compatible virtual world.
👉🏻 x.com/UltiverseDAO/status/1796388554182172682
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Top 10 NFT Marketplaces by Traders (30d)
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 the number of traders in the last 30 days, according to the data from DappRadar.
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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 the number of traders in the last 30 days, according to the data from DappRadar.
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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.
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Smart Transactions has announced the closure of its $5.5M seed funding
Smart Transactions, a time-specific transaction execution protocol, raises $5.5M in seed funding. Among other investors are Hack VC, Backed, Shima Capital, Signum Capital, AntAlpha, Breed VC, Chorus One, Tane, and Gate Labs. Smart Transactions transcends the blockchain ecosystem, developing the stack that invites everyone who does transactions & transaction processing to come onchain.
👉🏻 medium.com/smart-transactions/follow-the-money-4e8a3dcc23bb
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Smart Transactions, a time-specific transaction execution protocol, raises $5.5M in seed funding. Among other investors are Hack VC, Backed, Shima Capital, Signum Capital, AntAlpha, Breed VC, Chorus One, Tane, and Gate Labs. Smart Transactions transcends the blockchain ecosystem, developing the stack that invites everyone who does transactions & transaction processing to come onchain.
👉🏻 medium.com/smart-transactions/follow-the-money-4e8a3dcc23bb
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CARV (CARV) onboards Animoca Brands as a strategic investor and node operator
CARV has partnered with Animoca Brands as a new strategic investor and an operator of CARV’s Tier 6 verifier nodes. This collaboration will facilitate deeper integration and long-term synergies as firms expand their respective gaming and open metaverse ecosystems. CARV will conduct its Verifier Node sale on June 3rd for whitelisted users and the public phase on June 5th. The project has previously raised $10M in its Series A funding from OKX Ventures, IOSG Ventures, Fenbushi Capital, Hashkey, and others. CARV Protocol is a modular data layer for gaming and AI.
👉🏻 x.com/carv_official/status/1796491113290965245
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CARV has partnered with Animoca Brands as a new strategic investor and an operator of CARV’s Tier 6 verifier nodes. This collaboration will facilitate deeper integration and long-term synergies as firms expand their respective gaming and open metaverse ecosystems. CARV will conduct its Verifier Node sale on June 3rd for whitelisted users and the public phase on June 5th. The project has previously raised $10M in its Series A funding from OKX Ventures, IOSG Ventures, Fenbushi Capital, Hashkey, and others. CARV Protocol is a modular data layer for gaming and AI.
👉🏻 x.com/carv_official/status/1796491113290965245
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Coin of the Day by Market Sentiment - Axelar (AXL)
Axelar Is a decentralized network and tools to help builders of decentralized applications (dApps) with seamless cross-chain communication through its protocol suite, tools and APIs.
Axelar price movements on Oriole Insights
👉🏻 app.orioleinsights.io/projects/axelar
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Axelar Is a decentralized network and tools to help builders of decentralized applications (dApps) with seamless cross-chain communication through its protocol suite, tools and APIs.
Axelar price movements on Oriole Insights
👉🏻 app.orioleinsights.io/projects/axelar
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Aethir unveils six ecosystem partner airdrops for Checker Node holders
Aethir has announced upcoming six ecosystem partner airdrops for Checker Node holders by APhone, CARV, Delabs Games, io.net, Rivalz Network, and Zero1 Labs. All Checker Node holders are eligible to receive various airdrops while the exact airdrop amounts and allocation values will vary. Moreover, the firm has disclosed its plans to introduce ATH staking functionalities. Aethir builds scalable decentralized cloud infrastructure for Gaming & AI.
👉🏻 aethir.com/blog-posts/exciting-partnerships-with-aethir-numerous-airdrops-coming-to-our-nodes
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Aethir has announced upcoming six ecosystem partner airdrops for Checker Node holders by APhone, CARV, Delabs Games, io.net, Rivalz Network, and Zero1 Labs. All Checker Node holders are eligible to receive various airdrops while the exact airdrop amounts and allocation values will vary. Moreover, the firm has disclosed its plans to introduce ATH staking functionalities. Aethir builds scalable decentralized cloud infrastructure for Gaming & AI.
👉🏻 aethir.com/blog-posts/exciting-partnerships-with-aethir-numerous-airdrops-coming-to-our-nodes
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Ta-da (TADA) has announced the Beta V2 upgrade of its application
Ta-da rolls out the Beta V2 upgrade of its "talk-to-earn" Web3 app. The innovation empowers users with numerous new features, including an upgraded, scalable technical base, a multi-region infrastructure, a new way of doing tasks, on-chain staking on devnet, and a brand-new interface. Ta-da is a "talk-to-earn" Web3 app backed by Morningstar Ventures, MultiversX, GBV Capital, Spark Digital, and others.
👉🏻 x.com/Ta_da_io/status/1796511970637849019
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Ta-da rolls out the Beta V2 upgrade of its "talk-to-earn" Web3 app. The innovation empowers users with numerous new features, including an upgraded, scalable technical base, a multi-region infrastructure, a new way of doing tasks, on-chain staking on devnet, and a brand-new interface. Ta-da is a "talk-to-earn" Web3 app backed by Morningstar Ventures, MultiversX, GBV Capital, Spark Digital, and others.
👉🏻 x.com/Ta_da_io/status/1796511970637849019
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Top Crypto Projects by Developer Activity in May
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.
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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.
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E Money Network (EMYC) has raised $3.3M in its ongoing bridge round
E Money Network announces the closure of its $3.3M investment backed by Animoca Brands, Kelsier Ventures, GBV Capital, Momentum 6, Blockchain Founders Fund, Morningstar Ventures, KuCoin, Black Edge Capital, and Banter Capital. E Money Network, recently rebranded from Scallop, is a pioneering modular RWA Chain with compliance blocks.
👉🏻 x.com/emoney_network/status/1796525653866516791
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E Money Network announces the closure of its $3.3M investment backed by Animoca Brands, Kelsier Ventures, GBV Capital, Momentum 6, Blockchain Founders Fund, Morningstar Ventures, KuCoin, Black Edge Capital, and Banter Capital. E Money Network, recently rebranded from Scallop, is a pioneering modular RWA Chain with compliance blocks.
👉🏻 x.com/emoney_network/status/1796525653866516791
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Fuel Network has kicked off its final public testnet on the Sepolia network
Fuel Network launches the final phase of its public testnet on Sepolia. Fuel Sepolia aims to bring new capabilities to the Ethereum ecosystem, leveraging the power of its rollup operating system called Rollup OS. The project has also unveiled its plans to build and optimize the Rollup OS and migrate to the mainnet in the coming months.
Back in 2022, Fuel raised $70M in funding backed by from Blockchain Capital, Stratos, CoinFund, and others. Fuel is an operating system purpose-built for Ethereum rollups, designed to help developers build decentralized economies at scale.
👉🏻 fuel.mirror.xyz/fztu8P_NJz6k7qLXhaGHX3ArctlQpxsUp87pgRpJ4bE
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Fuel Network launches the final phase of its public testnet on Sepolia. Fuel Sepolia aims to bring new capabilities to the Ethereum ecosystem, leveraging the power of its rollup operating system called Rollup OS. The project has also unveiled its plans to build and optimize the Rollup OS and migrate to the mainnet in the coming months.
Back in 2022, Fuel raised $70M in funding backed by from Blockchain Capital, Stratos, CoinFund, and others. Fuel is an operating system purpose-built for Ethereum rollups, designed to help developers build decentralized economies at scale.
👉🏻 fuel.mirror.xyz/fztu8P_NJz6k7qLXhaGHX3ArctlQpxsUp87pgRpJ4bE
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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 AI Ecosystem Coins 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.
CryptoDep | Community Chat | Twitter | Telegram
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
Top Recent Crypto Fundraising Events
Presenting a list of some recent crypto fundraising events, backed by well-known investors such as Paradigm, a16z crypto, Hack VC, Polychain, Animoca Brands, Haun, Coinbase Ventures, Hashkey, IOSG, Morningstar Ventures, Double Peak, GBV Capital, Momentum 6, DeFiance Capital, Solana Foundation, Aptos, and others. Let's take a look!
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Presenting a list of some recent crypto fundraising events, backed by well-known investors such as Paradigm, a16z crypto, Hack VC, Polychain, Animoca Brands, Haun, Coinbase Ventures, Hashkey, IOSG, Morningstar Ventures, Double Peak, GBV Capital, Momentum 6, DeFiance Capital, Solana Foundation, Aptos, and others. Let's take a look!
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