Chainbound has raised $4.6M in a seed funding round led by Cyber Fund

Chainbound, the crypto research and development company, announces the closure of its $4.6M seed investment led by Cyber Fund. Among other investors are Maven 11, Robot Ventures, and Bankless Ventures. The startup is working to develop a protocol called Bolt, which will enable cutting edge preconfirmations on Ethereum.

👉🏻 theblock.co/post/313012/ethereum-firm-chainbound-raise-transaction-preconfirmation-protocol-bolt

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​​Coin of the Day by Market Sentiment - HyperGPT (HGPT)

HyperGPT is a Web3 marketplace for various AI solutions and seamless SDK solutions.

Predict HGPT price movements on Oriole Insights
👉🏻 app.orioleinsights.io/projects/hypergpt

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​​PayPal teams up with Anchorage Digital on $PYUSD stablecoin rewards program

PayPal and crypto custodian Anchorage Digital have partnered on a stablecoin rewards program. Through this innovation, $PYUSD holders will earn a yield on the tokens held by the crypto-native bank or in Anchorage’s institutional self-custody wallet Porto. The rewards will be paid out in the stablecoin, likely based on deposit size.

👉🏻 theblock.co/post/312903/paypal-and-anchorage-partner-on-pyusd-stablecoin-rewards-program

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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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​​Ponder (PNDR) has announced its strategic partnership with ArkeFi

Ponder teams up with ArkeFi, a Real World Asset Engine for consumer goods facilitated by AI computing. Through this collaboration, the projects will conduct ross-community airdrops & more in-depth integrations.

Earlier in June, Ponder rolled out the Beta version of its platform with over 20 networks integrated into its engine. Ponder builds a solution providing a fully integrated comparison tool for crypto-based operations.

👉🏻 x.com/Ponder_One/status/1828086343831867480

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​​TOP DeFi 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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​​Top 10 dApps on Solana by Users Activity (30d)

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 #Solana by users activity in the last 30 days, according to the data from DappRadar.

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​​Nectar AI has raised $3.9M in funding led by Mechanism Capital and Karatage

Nectar AI, an immersive AI companionship platform, announces the closure of its $3.9M seed investment. The round was co-led by Mechanism Capital and Karatage, with participation from Synergis, Maelstrom, Builder Capital, Baboon, and Decima. Nectar AI's aims to allow users to create and interact with AI companions that feel indistinguishable from reality.

👉🏻 finance.yahoo.com/news/nectar-ai-raises-3-9m-130000526.html

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​​Top Ethereum Layer 3 Projects by Total Value Locked (TVL)

TVL is the overall value of crypto assets deposited in Ethereum Layer 3 networks. The overall TVL among all projects now equals $489M with zkLink $ZKL, Sanko $DMT, Degen $DEGEN, Xai $XAI and Proof of Play making the top leaders.

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​​Aave Labs intends to integrate BlackRock’s BUIDL tokenized fund to update GHO stability

Aave Labs has revealed a temperature check proposal to update the GHO Stability Module by integrating BUIDL, the tokenized fund from BlackRock. The proposal aims to enable the GSM 1:1 fixed-ratio swaps between $USDC and $GHO and utilize the leftover USDC from users to mint BUIDL shares. Aave Labs rolled out the GHO native decentralized, collateral-backed stablecoin back in 2022.

👉🏻 theblock.co/post/313177/aave-labs-propose-integrating-stablecoin-with-blackrock-buidl

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​​Coin of the Day by Market Sentiment - Aleph Zero (AZERO)

Aleph Zero is a layer 1 that enables teams to deploy scalable, secure, low-cost, and ZK privacy-enhanced products across multiple verticals.

Predict AZERO price movements on Oriole Insights
👉🏻 app.orioleinsights.io/projects/aleph-zero

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​​Simon's Cat has burned $24M worth of $CAT tokens via Floki’s crypto locker

Simon's Cat has successfully burned 10% of the total $CAT token supply (900B $CAT tokens worth ~$24M) via FlokiFi Locker. Moreover, Simon's Cat will airdrop 20% of the total token supply to $FLOKI holders on August 29th. Simon’s Cat token is the official BNB Chain-based memecoin of Simon’s Cat, one of the world’s most popular cat meme and animated series.

👉🏻 x.com/RealFlokiInu/status/1828139513169740024

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​​Top AI & Big Data 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.

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​​Sharpe AI has conducted $SAI TGE alongside the airdrop checker launch

Trading for the $SAI token is now live on Gate, MEXC, Uniswap, and BingX! Moreover, the project has launched the $SAI season 1 airdrop checker, allowing users to check their eligibility. Sharpe is an institutional-grade crypto superApp, serving as a unified frontend for intelligence, tracking & investing in digital assets, backed by Animoca Brands, Morningstar Ventures, GBV Capital, Contango, Metabros, AIT Protocol, and more.

🔸IDO Price: $0.02
🔸Current Price: $0.09 (~x4.5)

👉🏻 x.com/SharpeLabs/status/1828417140128411897

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​​MakerDAO has rebranded to Sky with new $USDS stablecoin & $SKY governance token

MakerDAO introduces Sky, a revamped version of its brand with upgraded tokens, new features, and boosted Sky Token Rewards for early sign-ups. The protocol will roll out the new $USDS stablecoin and the $SKY governance token will be available on September 18 with a new DeFi application to interact with the protocol. Meanwhile, $DAI and $MKR will stay in circulation unchanged, with the new tokens existing in parallel. MakerDAO (Sky) is one of the oldest and largest DeFi lenders which has $7B of assets.

👉🏻 x.com/SkyEcosystem/status/1828405625828843710

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​​Space and Time has announced the closure of its $20M Series A financing

Space and Time, a Microsoft-backed data platform, raises $20M in funding led by Framework Ventures, Lightspeed Faction, Arrington Capital and Hivemind Capital. Among other investors are Microsoft's M12 Ventures, OKX Ventures, Circle Ventures, DCG, F-Prime Capital, and Alumni Ventures.

Earlier in 2022, the project raised another $20M from Microsoft, Avalanche, Polygon, Framework Ventures, and HashKey among others. Space and Time aims to provide devs with data, tools and infrastructure capable of improving the development of applications at the intersection of artificial intelligence and blockchain.

👉🏻 x.com/spaceandtimedb/status/1828419537584185389

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​​Bankrupt crypto lender Celsius has distributed $2.53B to over 251K creditors

Celsius, the crypto lender firm that went bankrupt in 2022, has repaid $2.5B to its creditors. By distributing $2.53B to over 251,000 creditors, the firm has now reimbursed around two-thirds of its creditors (~93% of the eligible money owed). Celsius’s debtors received cash and crypto for their losses in the recent distribution process, while some users also received common stock in NewCo, which is listed on the Nasdaq stock exchange.

👉🏻 decrypt.co/246555/bankrupt-crypto-lender-celsius-has-repaid-2-5-billion-to-creditors

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Lumia proposes the GenesisNode airdrop for early node operators

Lumia introduces its first-ever Governance Proposal: the GenesisNode Airdrop. The proposal aims to reward early node operators by airdropping the remaining unsold nodes to those who have already purchased. Operators who delegate to a Data Availability Committee for a period of 12 or 24 months after the token swap will be eligible for the airdrop. The governance vote will start on August 28th and conclude on September 4th.

Lumia is a next-gen modular Layer 2 network designed to provide deep liquidity, unmatched capital efficiency, and essential infrastructure for the future Real-World Assets (RWAs).

👉🏻 x.com/BuildOnLumia/status/1828448895644377263

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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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​​Solayer Labs has closed its $12M seed funding round led by Polychain Capital

Solayer Labs, the developer of the Solana restaking protocol Solayer, raises $12M seed financing at a valuation of $80M. The round featured additional participation from Binance Labs, Big Brain Holdings, Hack VC, Wormhole Ecosystem Fund, Maelstrom, Nomad Capital, Finality Capital, Borderless, Race Capital, ABCDE, and Bitscale Capital, among others. The firm has also unveiled its plans to launch a native token in the future.

👉🏻 theblock.co/post/313317/solana-restaking-protocol-solayer-funding-valuation

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​​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.

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