​​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 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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​​pSTAKE Finance has announced an integration with the Leather wallet

pSTAKE Finance joins forces with Leather, a wallet for Bitcoin’s multilayered economy of Ordinals, Stacks NFTs, and more. Through this integration, Leather will be supported for Bitcoin Yields on pSTAKE, allowing users to stake $BTC on Babylon. pSTAKE Finance is a multichain liquid staking protocol backed by Binance Labs.

👉🏻 x.com/pStakeFinance/status/1838927085907112016

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Infinex has announced the closure of its $65.29M Patron NFTs sale

Infinex raises $65.29M through its Patron NFT sale backed by Wintermute, Framework Ventures, Moonrock Capital, Bodhi Ventures, Wormhole, Breyer Capital, Solana Ventures, Near Foundation, Bankless Ventures, Synthetic Ventures, Pyth and others. Infinex is a decentralized perpetuals exchange that supports six EVM and non-EVM chains, including Solana, Base and Arbitrum.

👉🏻 x.com/infinex_app/status/1834512800531841461

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​​Top Recently Launched Binance Futures Projects

This month alone, Binance Futures has launched perpetual contracts for more than 15 new projects. This compilation aims to examine the listed projects, their respective price reactions and growth ratio.

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​​AutoLayer (LAY3R) will be initially listed on the KuCoin exchange on October 3rd

Trading for $LAY3R token will be available on KuCoin on October 3rd, at 8:00 AM UTC, with the LAY3R/USDT trading pair enabled. Users can now deposit their $LAY3R tokens via the BSC-BEP 20 network. AutoLayer has previously conducted its token sales on Ape Terminal, ChainGPT Pad, Magic Launchpad, and Poolz. AutoLayer is the LRTfi hub which offers one-click liquid restaking and staking along with other DeFi strategies and incentives.

👉🏻 x.com/AutoLayer/status/1839235717530001696

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​​Top 10 dApps on Blast 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 dApps on #Blast by volume in the last 30 days, according to the data from DappRadar.

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​​PayPal will enable business accounts to buy, hold and sell cryptocurrency

PayPal has announced it is enabling its U.S. merchants to buy, hold and sell crypto directly from their PayPal business account. Moreover, PayPal will allow U.S. merchants to externally transfer cryptocurrency on chain to third-party eligible wallets. Earlier in August, PayPal partnered with Anchorage Digital to launch $PYUSD stablecoin rewards program.

👉🏻 newsroom.paypal-corp.com/2024-09-25-PayPal-Enables-Business-Accounts-to-Buy,-Hold-and-Sell-Cryptocurrency

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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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​​Andreessen Horowitz leads $5M seed round for the AminoChain platform

AminoChain announces the closure of its $5M seed funding round led by Andreessen Horowitz. The round brings AminoChain's total funding to $7M and marks a16z's first DeSci investment. AminoChain develops a decentralized biobank and Layer 2 network, which will connect enterprise medical institutions looking to share medical data.

👉🏻 theblock.co/post/318158/a16z-makes-first-desci-investment-in-decentralized-biobank-platform-aminochain

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​​Trust Wallet (TWT) has announced upcoming launch of its launchpool

Trust Wallet teases an upcoming launch of its launchpool product. The firm has not disclosed any further details but highlighted that the launch will occurr soon. Trust Wallet is a self-custody crypto wallet where users can buy, sell, store, swap, and manage their digital assets.

👉🏻 x.com/TrustWallet/status/1839274792127500599

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​​Top DePIN Projects by Market Capitalization

DePIN projects use crypto-incentives to coordinate the buildout & operation of critical infrastructure. Let's analyze current sector leaders by comparing their market capitalizations.

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​​ChainGPT kicks off a 500K $CGPT giveaway with Binance Web3 Wallet

ChainGPT has collaborated with Binance Web3 Wallet for a 500,000 $CGPT giveaway campaign. The prize pool will be distributed among 10,000 winners along with $600 voucher per user. To join the campaign users have to connect Binance Web3 MPC wallet and complete quests, including following ChainGPT on Telegram and X, joining ChainGPT's new clicker game, and more. ChainGPT is an advanced AI infrastructure that develops AI-powered technologies for the Web3, Blockchain, and Crypto space.

👉🏻 binance.chaingpt.org

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​​Avalanche has unveiled a $40M grant program to reward ecosystem developers

Avalanche kicks off Retro9000, a $40M grant program to bolster the development of new protocols in the blockchain ecosystem. Builders and users will have to register with the Retro9000 platform to build on Avalanche, where the users receive some voting credits, based on their activity on the network. The campaign is dedicated to an upcoming Avalanche9000 mainnet upgrade.

👉🏻 coindesk.com/tech/2024/09/26/avalanche-unveils-40m-grant-program-ahead-of-avalanche9000-upgrade

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​​Ethena (ENA) has announced the launch of its new UStb stablecoin

Ethena plans to launch new UStb stablecoin backed by BlackRock's tokenized BUIDL fund in partnership with Securitize. The UStb stablecoin is designed to function in the same way as traditional stablecoins and is expected to invest its reserves in BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL). Moreover, Ethena intends for UStb to be used as an alternative to USDe as margin collateral on centralized exchanges it has partnered with, including Bybit and Bitget.

👉🏻 x.com/ethena_labs/status/1839258925981642834

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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 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

​​Mawari Network has announced the closure of its $10.8M strategic funding

Mawari Network, a decentralized physical infrastructure network building on Solana, raises $10.8M in a strategic investment. Anfield Ltd, Borderless Capital and 1kx co-led the round, with participation from Accord Ventures, Animoca Brands Japan, Blockchange Ventures, Draper Dragon, Samsung Next and others. Mawari Network is currently in active development on Solana's devnet and plans to launch its mainnet in the first quarter of next year.

👉🏻 x.com/mawarixr/status/1839355480914927853

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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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​​Guggenheim issues $20M of tokenized commercial paper on the Ethereum chain

Guggenheim, a subsidiary of financial services giant Guggenheim Partners, has issued $20M of tokenized commercial paper on the Ethereum blockchain. The tokenization follows Siemens AG's issuances of digital commercial paper via megabank JPMorgan’s Onyx and blockchain platform SWIAT. The commercial paper was rated P-1, the highest credit rating available for such instruments.

👉🏻 coindesk.com/business/2024/09/26/wall-street-titan-guggenheim-tokenizes-20m-of-commercial-paper-on-ethereum

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​​Mind Network has announced the closure of its $10M pre-A funding

Mind Network closes its $10M pre-A investment backed by Animoca Brands, Arkstream Capital, Cogitent Ventures, G Ventures , MH Ventures, Master Ventures, Moonhill Capital, SwissBorg Ventures, IBC Group, and others. The project has recently rolled out MindV, which introduces an FHE voting solution to ensure consensus and data security for AI and Proof-of-Stake (PoS) Networks.

Mind Network is the first Fully Homomorphic Encryption (FHE) layer for AI and Proof-of-Stake (POS) Networks, backed by Binance Labs.

👉🏻 mindnetwork.medium.com/mind-network-secures-10-million-in-pre-a-round-funding-to-continually-build-fhe-fully-homomorphic-7f204994c4ba

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