​​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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​​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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​​Yellow Network has announced the closure of its $10M seed funding round

Yellow Network, a decentralized clearing network for digital assets, raises $10M in seed funding led by Ripple Co-Founder and Silicon Valley pioneer Chris Larsen. Additional round participants included Consensys, GSR, NxGen, MV Global, Gate Labs, ZBS Capital, Moonrock Capital, Math, Cobo, NOIA Capital, and LD Capital. Yellow Network develops an innovative decentralized clearing protocol that aims to address critical industry challenges, including liquidity fragmentation, scalability, and counterparty risks.

👉🏻 yellow.com/news/ripples-chris-larsen-backs-dollar10m-seed-round-in-yellow-network-to-address-crypto-trading-challenges

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​​TOP 10 Social-Fi dApps by Users Activity (30d)

Let's take a look at the top 10 social-fi dApps, based on users' activity over the past 30 days, according to the DappRadar. Social-Fi brings together the principles of social media and DeFi by offering a Web3 approach to creating, managing, and owning social media platforms and the content generated by its participants.

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​​Vana raises $25M in total funding from Coinbase Ventures, Paradigm & Polychain

Vana, a web3 startup that aims to build a network of user-owned data pools, raises $5M seed funding led by Coinbase Ventures, bringing its total funding to $25M. Previously, Vana had raised $18M in a Series A round led by Paradigm and $2M in seed funding led by Polychain. Additional round backers include Manifold, GSR, SCB 10X, Defiance Capital, Contango, Auros Ventures, MH Ventures, BoxGroup, and Will Manidis.

👉🏻 vana.org/posts/vana-raises-funding-to-build-user-owned-ai-and-overcome-the-data-wall

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​​Top Liquid Staking 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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​​Wintermute teases the launch of its OutcomeMarket predictions market

Wintermute has introduced OutcomeMarket, a permissionless smart contract for a new US presidential election prediction market. Supported by Chaos Labs’ Edge Proofs Oracle, the market will be accessible across Ethereum, Base, and Arbitrum. OutcomeMarket will feature two ERC-20 compatible tokens, $TRUMP & $HARRIS, and will be launched on the Backpack, Bebop, and WOO X exchanges.

👉🏻 x.com/wintermute_t/status/1836049797540880779

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​​Top 10 Blockchain Games by Users Activity (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 users activity in the last 30 days, so let's take a look!

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​​Bitget and Foresight Ventures have invested $30M in TON blockchain

Crypto exchange Bitget and Foresight Ventures announced a $30M investment into The Open Network blockchain. The funding will be allocated through the acquisition of $TON tokens and will be focused on Telegram tap-to-earn games development. Moreover, the investment will allow Bitget and Foresight Ventures to engage more deeply in the TON blockchain governance and future development plans.

👉🏻 theblock.co/post/316975/bitget-foresight-ventures-invest-30-million-in-ton-blockchain

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​​Aleo will be initially listed on Gate, MEXC, and Hashkey on September 18th

Trading for $ALEO will start today on the Gate, MEXC, and Hashkey exchanges on September 18th, at or around 16:00 UTC. Earlier this month, Aleo unveiled its airdrop for the ambassador, testers, and incentive program participants. Aleo uses ZK proofs at the core blockchain level to support transactions and smart contract interactions that are private by default. The project was backed by a16z, Coinbase Ventures, SoftBank, SamsungNext, Polychain Capital, and Variant Fund among others, with a $298M total raise.

👉🏻 gate.io/announcements/article/39320

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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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Hemi Labs has announced the closure of its $15M strategic funding round

Hemi Labs raises $15M in funding led by Binance Labs, Breyer Capital, and Big Brain Holdings. The investment was also joined by Cryptо.соm, Web3 Ventures, HyperChain Capital, Alchemy, SALT Fund, Kelly Investments, Sunflower Capital, DNA Fund, Gate Ventures, Quantstamp, TRGC, BTC INC, Artichoke Capital, Cypher Capital, SNZ Holding, C6E, IBG Capital, Protein Capital, MON Ventures, SV5, and Impossible Finance, among others. The firm plans to use the fresh funding to launch Hemi Network, its modular blockchain network built on Bitcoin and Ethereum.

👉🏻 x.com/hemi_xyz/status/1836392405328638427

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​​Chromia (CHR) announces the launch of its $20M Data and AI ecosystem fund

Chromia will establish a $20M Data & AI ecosystem fund that will be led by the company's Head of Business Development. The fund is designed to support projects building directly on Chromia, as well as projects from other blockchains and Web2 companies looking to decentralize their data and/or use Chromia as a utility layer. Moreover, the project has also unveiled the upcoming Asgard Mainnet Upgrade and the introduction of a new initiative called Chromia Extensions.

👉🏻 blog.chromia.com/token2049-report-ecosystem-fun-asgard-upgrade

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​​Borderless Capital teases its third DePin fund with $100M in backing

Borderless Capital has announced the launch of its third $100M DePin fund. Among the fund investors are Peaq, Solana Foundation, and Jump Crypto among others. DePIN refers to physical infrastructure networks built using blockchain technology and token incentives which other projects can use without having to buy and run their own equipment.

👉🏻 coindesk.com/tech/2024/09/17/borderless-capital-introduces-100m-depin-fund-backed-by-peaq-solana-foundation

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​​COTI (COTI) kicks off its testnet with Garbled Circuits and MPC capabilities

COTI announces the launch of its test network with a new implementation of Garbled Circuits that allows for secure multi-party computation. The testnet also brings multiple developer tools, including Testnet explorer, faucet, and SDK support. Moreover, the COTI ecosystem will welcome 14 projects as its launch partners, like ones MyEtherWallet and AnChаіn.аі. COTI creates the world's leading digital infrastructure for payments and enterprise tokens.

👉🏻 medium.com/cotinetwork/ignition-coti-testnet-is-live-05392209b5f2

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​​Limitless raises $3M in its pre-seed funding round led by 1confirmation

Limitless Labs, the R&D network behind prediction market Limitless, has announced the successful closure of a pre-seed round. Additional round participants included Paper Ventures, Collider, and Public Works. Limitless Labs develops a prediction market platform on Base that enables users to trade crypto, politics, sports, social and more.

👉🏻 thedefiant.io/news/press-releases/prediction-market-limitless-raises-3m-in-pre-seed-round-led-by-1confirmation

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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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​​Cudis raises $5M in seed funding round led by Draper Associates

Cudis, a web3 AI wellness company, has closed its $5M seed investment led by Draper Associates. Other participants in the round were Skybridge, Penrose, SNZ, Mozaik, NGC, Foresight Ventures, OGBC, Monke Ventures, DraperDragon, Block Patch, and Trinito among others. CUDIS plans to use the funding to continue augmenting its AI coach and gamification features and bolster its decentralized infrastructure, the release continued.

👉🏻 theblock.co/post/316861/draper-associates-leads-5-million-seed-round-for-web3-ai-wellness-firm-cudis

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​​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.

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Helius has raised $21.75M in funding led by Haun Ventures & Founders Fund

Helius, a Solana infrastructure startup, closes its $21.75M led by Haun Ventures and Founders Fund. Additional round participants included 6th Man Ventures, Chapter One, Foundation Capital, and Spearhead. The funding brings Helius' total funding to $34.35M, following the project's seed and Series A rounds. Helius aims to simplify Solana blockchain data and make it easy to work with and build on top of it.

👉🏻 x.com/0xMert_/status/1836578165977915858

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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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