​​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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​​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.

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​​Top Recent Crypto Fundraising Events

Presenting a list of some recent crypto fundraising events, backed by well-known investors such as a16z crypto, Hashed, Hack VC, Animoca Brands, Spartan Group, Coinbase Ventures, Maelstrom, OKX Ventures, MH Ventures, Borderless Capital, Robot Ventures, Maven 11, Arche Fund, Aptos Labs, and others. Let's take a look!

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​​Sonic Labs (S) has announced the public launch of its test network

Sonic Labs has kicked off its incentivized testnet, achieving a transaction finality of 720 milliseconds. Users can now access the faucet and deploy their contracts. Moreover, earlier in August, Sonic Labs launched the Sonic Boom bounty program along with Sonic Gems, points in the $S airdrop. Sonic Labs plans to launch its layer-1 platform with a secure gateway to Ethereum in Q4 2024.

👉🏻 x.com/0xSonicLabs/status/1832053492304806125

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​​TOP NFT Projects by Social Activity

Posts. Posts measures 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.

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​​Top 10 dApps on Base 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 #Base by users activity in the last 30 days, according to the data from DappRadar.

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​​Upcoming Token Unlocks

Let's take a look at the compilation of major upcoming token unlocks, diving into details such as dates, amounts, and projects related to tokens that are currently locked up, but will soon be released to the market. During this week, $APT, $ARB, $STRK, $ICP, and $MOCA will have the biggest unlocks.

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​​TON Foundation has launched a 5M $TON ($25M) DeFi incentive initiative

TON Foundation kicks off a 5M $TON ($25M) program to accelerate the development of DeFi on The Open Network. The initiative aims to bolster adoption of USDt-TON and drive deeper liquidity for TON’s DeFi ecosystem. Through this program, decentralized exchanges STON fi and DeDust will establish token trading pairs as bases for liquidity within the TON ecosystem, rewarding liquidity providers in TON/USDt, stTON/USDt, and tsTON/USDt pools. Moreover, the incentive will involve LSD stakers and liquidity providers on Tonstakers and Bemo.

👉🏻 blog.ton.org/new-toncoin-defi-incentive-program

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​​Coin of the Day by Market Sentiment - The Dogs (DOGS)

Dogs is a community-driven initiative built on the TON Blockchain, designed to leverage Telegram's vast user base and native meme culture.

Predict DOGS price movements on Oriole Insights
👉🏻 app.orioleinsights.io/projects/dogs

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​​DRiP has raised $8M in funding led by NFX, Coinbase Ventures and Progression

DRiP, a Solana-based creator engagement platform, has closed its $8M seed round. The investment was led by NFX, Coinbase Ventures and Progression. The funds will be used to bring DRiP’s mobile app to market and expand the development of its creator tools.

👉🏻 theblock.co/post/315270/solana-drip-raises-8-million-usd

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​​ethеr.fі has unveiled Ethеr.fі Cash, its blockchain-based credit card on Scroll

ethеr.fі plans to join forces with Scroll Network to launch a blockchain-based credit card, Ethеr.fі Cash. The card will enable users to spend fiat while using their crypto assets as collateral, allowing people to hold onto crypto and earn yield while making everyday purchases. Under the partnership with Scroll, the firm aims to enhance cardholder transaction efficiency and provide a range of crypto-based rewards.

👉🏻 coindesk.com/tech/2024/09/09/etherfi-to-launch-visa-cash-card-on-scroll-network

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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

​​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.

CryptoDep | Community Chat | Twitter | Telegram

​​AIT Protocol has been accepted to the Google Cloud Web3 Start-Up program

AIT Protocol joins the Google Cloud Web3 start-up program. Through this innovation, AIT will get an access to Google’s own web3 ecosystem and exclusive tools. Moreover, this move might lead to AIT's listing on Google Cloud marketplace. AIT Protocol, incubated by PAAL AI & Metabros, is a Web3 data platform specializing in data annotations and AI model training, backed by Animoca Brands, Morningstar Ventures, Maven Capital, Momentum 6, and others.

👉🏻 x.com/AITProtocol/status/1833130475457511567

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​​Top 10 dApps on zkSync Era 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 zkSync Era by user activity in the last 30 days, according to the data from DappRadar.

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​​Top Blockchains by Monthly Active Users

Monthly active users measure the number of distinct addresses interacting with blockchains' relevant contracts. According to the data from TokenTerminal, Solana, Tron, Base, BNB Chain, and Bitcoin have drawn the largest numbers of users lately.

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a16z crypto unveils the participants of its Crypto Startup Accelerator Fall 2024 cohort

a16z crypto has selected 21 startups to join the Crypto Startup Accelerator (CSX) Fall 2024 cohort, which starts this week. Among participants are Term Labs, t1 protocol, Sekai, PIN AI, OpenGradient, Opacity Labs, Kuzco, Dot, zkSpin, Blocksense, and many more. Through the program, the startups will get lessons from top crypto founders, receive guidance and support from a16z crypto’s investing and operating teams, and build connections with each other and the broader a16z network. Moreover, a16z CSX invests a minimum of $500,000 in each company that’s accepted.

👉🏻 x.com/jasonrosenthal/status/1833180707721453906

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​​Top BNB Chain 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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​​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

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Unisat-backed Fractal Bitcoin scaling solution has launched its mainnet

Fractal Bitcoin, a Bitcoin native scaling solution, goes live on mainnet. With the mainnet launch, Fractal has also launched its native token with the ticker $FB. Moreover, the project teases its upcoming voting platform that will utilize OPCAT to empower Fractal holders to vote on key proposals.

👉🏻 x.com/fractal_bitcoin/status/1832945367509504481

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​​PIN AI has announced the closure of its $10M pre-seed funding round

PIN AI, a developer of an open platform for personal AI, raises $10M in pre-seed funding from a16z crypto's CSX, Hack VC, Anagram, Blockchain Builders Fund, Symbolic Capital, Dispersion Capital, Alumni Ventures, Foresight Ventures, Nomad Capital, and numerous angels. PIN AI has been selected to join a16z's Crypto Startup Accelerator (CSX) Fall 2024 cohort.

👉🏻 x.com/PINAI_IO/status/1833176031714541651

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