​​BNB Chain teams up with Celer, Stargate, and deBridge for a native bridge solution

BNB Chain has rolled out the BNB Chain Bridge, developed with Celer, deBridge, & Stargate Finance as official bridge partners. The innovation aims to enhance cross-chain connectivity, liquidity, and user experience on BNB Chain. Moreover, BNB Chain has established a liquidity pool to streamline transfers from other chains.

👉🏻 bnbchain.org/en/blog/introducing-bnb-chain-bridge-a-leap-towards-seamless-cross-chain-interoperability

CryptoDep | Community Chat | Twitter | Telegram

​​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

​​Sharpe AI announces the launch of $SAI staking with an APY of 35%

Users can now stake their $SAI tokens and earn rewards while contributing to the Sharpe AI ecosystem. Among the benefits for stakers are 35% APR paid hourly in $SAI tokens, 50% of platform revenue shared, early access to premium features, and airdrop opportunities among other features.

Earlier this week, Sharpe AI was listed on numerous exchanges, and an airdrop checker was opened. 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.

👉🏻 x.com/SharpeLabs/status/1828712241262211395

CryptoDep | Community Chat | Twitter | Telegram

​​TOP MEME Tokens by Social Activity

Posts. Posts measure the number of unique social posts across all collected social channels over a rolling 24-hour timeframe.

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

double jump.tоkyо has raised over $10M in funding in its Series D first closing

double jump.tоkyо announces the closure of its $10M Series D investment led by SBI Investment. Additional round participants included Sony Group Corporation, Taisu Ventures, Gate Ventures, TM Capital, and Bing Ventures among others. The company will deepen its collaboration with the SBI Group on Web3 services, including NFT marketplaces, and promote development on the Sony Group's blockchain Soneium to expand Web3 content and services.

👉🏻 doublejump.tokyo/post/XcdspjET

CryptoDep | Community Chat | Twitter | Telegram

​​Top 10 Blockchain Games by Volume (30d)

With the spread of Web3 technologies, blockchain games became the industry trend and keep on attracting the attention of gaming & crypto communities. We have made a recap of top blockchain games by volume in the last 30 days, so let's take a look!

CryptoDep | Community Chat | Twitter | Telegram

​​ParaFi Capital raises $120M in funding to buy stakes in other crypto funds

ParaFi Capital, a New York-based digital asset manager, has secured a $120M investment from investors including Theta Capital Management and Accolade Partners. The funding will be partly used to acquire general-partner stakes in other crypto funds that are focused on specific market segments, strategies, or geographies. ParaFi plans to build a portfolio of 30 to 50 such stakes in the next three to five years.

👉🏻 bloomberg.com/news/articles/2024-08-28/parafi-capital-raises-120-million-to-buy-stakes-in-other-crypto-funds

CryptoDep | Community Chat | Twitter | Telegram

​​Top Blockchain Protocols by Total Generated Fees (30d)

Let's take a look at the ranking of top blockchain protocols by total fees paid by users in the past 30 days, according to the data from Tokenterminal.

CryptoDep | Community Chat | Twitter | Telegram

​​Aethir (ATH) teams up with Auros for a seamless revenue conversion

Aethir announces a partnership with Auros, a leading crypto-native algorithmic trading and market-making firm. Under this partnership, Auros will help ensure a seamless conversion of revenue into ATH tokens and their subsequent use for computing services. Aethir builds scalable decentralized cloud infrastructure for Gaming & AI.

👉🏻 blog.aethir.com/blog-posts/aethir-auros-simplifying-ath-transactions-for-enterprise-clients

CryptoDep | Community Chat | Twitter | Telegram

​​Edge Matrix Chain raises $20M in funding led by Polygon Ventures & Amber Group

Edge Matrix Chain, a multichain infrastructure, has closed its $20M funding round led by Polygon Ventures and Amber Group. Additional round participants included One Comma, Kapley Judge and Associated Corporations, Cyberrock Venture Fund, Candaq Fintech Group. Moreover, the firm has launched the testnet campaign of its Layer 1 blockchain.

👉🏻 x.com/EMCprotocol/status/1829130081366880367

CryptoDep | Community Chat | Twitter | Telegram

​​Quai Network announces the closure of its $5M strategic funding round

Quai Network, a Layer 1 crypto network, has raised its $5M strategic funding round with participation from Cogitent Ventures, MH Ventures, TPC Ventures, Giga Chad Ventures, and DexCheck Ventures. The investment brings project's total funding up to $15M after previous $10M rounds secured from Polychain Capital, Alumni Ventures, and others. Quai is also launching its main net-compatible devnet which precedes the protocol's fourth testnet.

👉🏻 theblock.co/post/313387/quai-strategic-round

CryptoDep | Community Chat | Twitter | Telegram

​​Coin of the Day by Market Sentiment - Toncoin (TON)

TON (The Open Network) is a blockchain designed for scalable cross-chain interoperability, originally developed by Telegram.

Predict TON price movements on Oriole Insights
👉🏻 app.orioleinsights.io/projects/toncoin

CryptoDep | Community Chat | Twitter | Telegram

​​Renzo will expand its $REZ token to the Solana network via Wormhole

Renzo has announced the launch of its $REZ governance token on Solana, leveraging Wormhole. Through this innovation, the protocol aims to expand the reach of its LRT technology. Token's initial liquidity will be provided on Solana’s major automated market makers.

The move follows the introduction of Renzo's $ezSOL, the first Solana’s LRT on the Jito Network. Renzo is a liquid restaking protocol with more than $1.8B in total value locked, backed by Binance Labs, Maven 11, OKX Ventures, Paper Ventures, and others.

👉🏻 theblock.co/post/313192/renzo-rez-solana

CryptoDep | Community Chat | Twitter | Telegram

​​Level has announced the closure of its $3.6M investment round

Level raises $3.6M to launch the first stablecoin protocol powered by restaked dollar tokens. The funding was led by Dragonfly and Polychain with additional participation from Robot Ventures, Pier Two, EI Ventures, and Global Coin Research. Users can start earning Level XP immediately by joining the waitlist to mint lvlUSD and depositing USDT. Moreover, the project will soon announce its ecosystem launch partners including AVSs, operators, networks, and AVS infra providers

👉🏻 x.com/levelusd/status/1829135617621365116

CryptoDep | Community Chat | Twitter | Telegram

​​Kaia has announced the mainnet launch of its Layer-1 blockchain

Kaia, the Layer-1 blockchain from two leading Asian messenger apps, Kakao and LINE, goes live on mainnet. The Layer-1 blockchain is expected to tackle web3’s user experience and distribution challenges through its integration with Kakao and LINE messaging apps. Moreover, Kaia seeks to enable builders to create mini dApps on LINE messenger through its NEXT WEB software development kit.

👉🏻 theblock.co/post/313465/kakao-line-blockchain-mainnet-launches

CryptoDep | Community Chat | Twitter | Telegram

​​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

​​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.

CryptoDep | Community Chat | Twitter | Telegram

​​The web3 payment firm Bridge has raised a total of $58 million in funding

Bridge emerges from stealth with total funding of $58M from Sequoia, Ribbit, Index, Haun Ventures, and others. Started by former Coinbase and Square employees, Bridge is building a stablecoin-powered money movement platform. The project builds Orchestration and Issuance as a service, providing APIs to convert between any two dollar formats and convert any of these dollars into a stablecoin that developers can customize and benefit from.

👉🏻 x.com/StableCoin/status/1829189512741957734

CryptoDep | Community Chat | Twitter | Telegram

​​TOP 10 DeFI dApps by Volume (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 DeFi dApps by volume in the last 30 days, regardless of the protocol's chain. Data taken from DappRadar.

CryptoDep | Community Chat | Twitter | Telegram

​​Tіmе fun raises $3M in seed funding round led by Brevan Howard Digital

Tіmе fun, a crypto startup that tokenizes people's time, has closed its $3M seed funding round led by Brevan Howard Digital. Additional round participants in the round included Coinbase Ventures, Breed VC, Zee Prime Capital, and Maelstrom. Time fun is a tokenization platform built on the Ethereum Layer 2 blockchain Base and helps creators tokenize their time. Moreover, the firm has unveiled its plans to launch its own token in the future.

👉🏻 theblock.co/post/313770/time-fun-crypto-funding-brevan-howard-digital

CryptoDep | Community Chat | Twitter | Telegram

​​SnakeLite announces the closure of its $4M funding led by Redpoint Ventures

SnakeLite secures $4M in funding led by Redpoint Ventures to launch a new Web3 gaming universe. Among other investors are One Piece Labs, Mirana Ventures, Sky9 Capital, Fenbushi US, NGC, Antalpha Ventures, Gate Labs, KuCoin Ventures, Huobi Ventures, CyberConnect, Alchemy Pay, Redline Labs, Cobo Ventures, SNZ Holding, ViaBTC Capital, and others. SnakeLite has officially entered Web3 space, debuting the first battle royale PvP on the TON blockchain.

👉🏻 cointelegraph.com/press-releases/snakelite-secures-multimillion-dollar-funding-to-unveil-new-web3-gaming-universe

CryptoDep | Community Chat | Twitter | Telegram