Humanity Protocol has announced the launch of its test network
Humanity Protocol kicks off its testnet, the first step on a journey to build system that redefines digital identity, secutiry, and sybil resistance. The testnet will be rolled out in three stages with the Human ID Reservation phase being already live. Users can now reserve their Human ID, a unique username and identity in the Humanity Protocol ecosystem. Humanity Protocol is a network aimed at providing sybil-resistant blockchain solutions to authenticate the first billion users on the web.
👉🏻 humanity.org/blog/your-time-has-come-the-humanity-protocol-testnet-is-live
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Humanity Protocol kicks off its testnet, the first step on a journey to build system that redefines digital identity, secutiry, and sybil resistance. The testnet will be rolled out in three stages with the Human ID Reservation phase being already live. Users can now reserve their Human ID, a unique username and identity in the Humanity Protocol ecosystem. Humanity Protocol is a network aimed at providing sybil-resistant blockchain solutions to authenticate the first billion users on the web.
👉🏻 humanity.org/blog/your-time-has-come-the-humanity-protocol-testnet-is-live
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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, Base, Tron, BNB Chain, and TON have drawn the largest numbers of users lately.
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Monthly active users measure the number of distinct addresses interacting with blockchains' relevant contracts. According to the data from TokenTerminal, Solana, Base, Tron, BNB Chain, and TON have drawn the largest numbers of users lately.
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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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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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OpenAI has raised $6.6B in new funding at a valuation of $157B
OpenAI announces the closure of its new $6.6B funding round led by Thrive Capital. The round brings OpenAI's valuation to $157B and features participation from Microsoft, Nvidia, SoftBank, Khosla Ventures, Altimeter Capital, Fidelity, and MGX. OpenAI is a research organization and technology company focused on AI.
👉🏻 bloomberg.com/news/articles/2024-10-02/openai-has-closed-new-funding-round-raising-over-6-5-billion
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OpenAI announces the closure of its new $6.6B funding round led by Thrive Capital. The round brings OpenAI's valuation to $157B and features participation from Microsoft, Nvidia, SoftBank, Khosla Ventures, Altimeter Capital, Fidelity, and MGX. OpenAI is a research organization and technology company focused on AI.
👉🏻 bloomberg.com/news/articles/2024-10-02/openai-has-closed-new-funding-round-raising-over-6-5-billion
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Coin of the Day by Market Sentiment - UNCX Network (UNCX)
UNCX Network is a leading provider of DeFi services. Their scalable tools help token projects launch and grow their communities safely and effectively
Predict UNCX price movements on Oriole Insights
👉🏻 app.orioleinsights.io/projects/uncx-network
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UNCX Network is a leading provider of DeFi services. Their scalable tools help token projects launch and grow their communities safely and effectively
Predict UNCX price movements on Oriole Insights
👉🏻 app.orioleinsights.io/projects/uncx-network
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Grayscale has rolled out a new fund that offers exposure to Aave’s $AAVE token
Grayscale announces the launch of a new fund which offers exposure to $AAVE token. The launch comes only a few weeks after Grayscale rolled out its most recent fund, the Grayscale Avalanche Trust. Grayscale Investments is the world’s largest crypto asset manager.
👉🏻 coindesk.com/business/2024/10/03/grayscale-rolls-out-aave-fund
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Grayscale announces the launch of a new fund which offers exposure to $AAVE token. The launch comes only a few weeks after Grayscale rolled out its most recent fund, the Grayscale Avalanche Trust. Grayscale Investments is the world’s largest crypto asset manager.
👉🏻 coindesk.com/business/2024/10/03/grayscale-rolls-out-aave-fund
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Binance Labs has announced its latest investment in Sophon (SOPH)
Binance Labs, the venture capital and incubation arm of Binance, invests in Sophon. The fresh funds will be utilized to accelerate ecosystem growth, attract top talent, and support the development of innovative projects that seamlessly connect entertainment, creativity, community, and technology. Sophon is a community-driven and entertainment-focused ecosystem built atop a modular rollup stack leveraging zkSync's Hyperchain technology, backed by Paper Ventures, Maven 11, OKX Ventures, Spartan, and others.
👉🏻 binance.com/en/blog/ecosystem/binance-labs-invests-in-sophon-to-accelerate-web3-integration-into-entertainment-gaming-and-ai-applications-3514593157017953750
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Binance Labs, the venture capital and incubation arm of Binance, invests in Sophon. The fresh funds will be utilized to accelerate ecosystem growth, attract top talent, and support the development of innovative projects that seamlessly connect entertainment, creativity, community, and technology. Sophon is a community-driven and entertainment-focused ecosystem built atop a modular rollup stack leveraging zkSync's Hyperchain technology, backed by Paper Ventures, Maven 11, OKX Ventures, Spartan, and others.
👉🏻 binance.com/en/blog/ecosystem/binance-labs-invests-in-sophon-to-accelerate-web3-integration-into-entertainment-gaming-and-ai-applications-3514593157017953750
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BBVA has disclosed its plans to launch its stablecoin in partnership with VISA
According to BBVA's head of digital assets and blockchain, the firm is set to launch a native stablecoin in partnership with Visa. Moreover, the firms plan to launch the stablecoin's prototype phase in 2025. BBVA will likely build its stablecoin around the euro, given its European presence, and that it could be used for settlement on exchanges that offer tokenized assets. Earlier in September, BBVA was announced as the first project to utilize Visa Tokenized Asset Platform (VTAP).
👉🏻 fortune.com/crypto/2024/10/03/bbva-plans-to-launch-stablecoin-in-2025-with-support-from-visa
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According to BBVA's head of digital assets and blockchain, the firm is set to launch a native stablecoin in partnership with Visa. Moreover, the firms plan to launch the stablecoin's prototype phase in 2025. BBVA will likely build its stablecoin around the euro, given its European presence, and that it could be used for settlement on exchanges that offer tokenized assets. Earlier in September, BBVA was announced as the first project to utilize Visa Tokenized Asset Platform (VTAP).
👉🏻 fortune.com/crypto/2024/10/03/bbva-plans-to-launch-stablecoin-in-2025-with-support-from-visa
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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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This digest provides a quick overview of the most significant cryptocurrency news, that's worth your attention.
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Sonic Labs (S) has unveiled its plans to conduct a 200M $S token airdrop
Sonic Labs allocates 200M $S tokens to incentivize early adopters and loyal users. As part of the initial distribution, eligible users will receive 25% of their allocated $S tokens immediately upon the airdrop claim date while the remaining 75% is locked in a vesting schedule over 9 months. Moreover, the firm aims to encourage users to remain engaged with the Sonic network by introducing a cost to users claiming their airdrop early. Sonic Labs is a developer of an EVM chain with a secure gateway to Ethereum.
👉🏻 blog.soniclabs.com/designing-a-deflationary-airdrop
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Sonic Labs allocates 200M $S tokens to incentivize early adopters and loyal users. As part of the initial distribution, eligible users will receive 25% of their allocated $S tokens immediately upon the airdrop claim date while the remaining 75% is locked in a vesting schedule over 9 months. Moreover, the firm aims to encourage users to remain engaged with the Sonic network by introducing a cost to users claiming their airdrop early. Sonic Labs is a developer of an EVM chain with a secure gateway to Ethereum.
👉🏻 blog.soniclabs.com/designing-a-deflationary-airdrop
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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.
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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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OKX has joined forces with Axelar to launch tech development stacks
OKX and Axelar roll out OKX OS, an open-source infrastructure suite of tools, SDKs, and APIs needed to build applications across various blockchains. Moreover, Axelar has introduced the Mobius Development Stack (MDS), marking the mainnet debut of its Interchain Amplifier for permissionless cross-chain connections at the smart-contract layer. The tech stack, launched by the projects, is offered as vendor-agnostic architecture integrated into popular OpenZeppelin libraries.
👉🏻 blockworks.co/news/0xresearch-newsletter-cross-chain-interoperability
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OKX and Axelar roll out OKX OS, an open-source infrastructure suite of tools, SDKs, and APIs needed to build applications across various blockchains. Moreover, Axelar has introduced the Mobius Development Stack (MDS), marking the mainnet debut of its Interchain Amplifier for permissionless cross-chain connections at the smart-contract layer. The tech stack, launched by the projects, is offered as vendor-agnostic architecture integrated into popular OpenZeppelin libraries.
👉🏻 blockworks.co/news/0xresearch-newsletter-cross-chain-interoperability
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TOP 10 Social-Fi dApps by Volume (30d)
Let's take a look at the top 10 social-fi dApps, based on the total amount of incoming value to dapp's smart contracts over the past 30 days. Social-Fi brings together the principles of social media and decentralized finance by offering a Web3 approach to creating, managing, and owning social media platforms and the content generated by its participants.
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Let's take a look at the top 10 social-fi dApps, based on the total amount of incoming value to dapp's smart contracts over the past 30 days. Social-Fi brings together the principles of social media and decentralized finance by offering a Web3 approach to creating, managing, and owning social media platforms and the content generated by its participants.
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Layer has announced the closure of its $6M seed round led by 1kx
Layer, an Ethereum scaling solution that utilizes WebAssembly (WASM), raises $6M in seed funding led by 1kx. Among other round participants are Fabric Ventures, Arrington Capital, and IOBC Capital, as well as, multiple angel investors. Layer utilizes Web Assembly, which allows developers to write applications in languages like rust, that can run anywhere.
👉🏻 crowdfundinsider.com/2024/10/230331-layer-lands-6m-to-extend-ethereum-functionality
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Layer, an Ethereum scaling solution that utilizes WebAssembly (WASM), raises $6M in seed funding led by 1kx. Among other round participants are Fabric Ventures, Arrington Capital, and IOBC Capital, as well as, multiple angel investors. Layer utilizes Web Assembly, which allows developers to write applications in languages like rust, that can run anywhere.
👉🏻 crowdfundinsider.com/2024/10/230331-layer-lands-6m-to-extend-ethereum-functionality
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Top Blockchains by NFT Volume (30d)
Let's explore the list of the most popular Layer 1 and Layer 2 blockchain projects by NFT volume, measuring the total NFT collections.
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Let's explore the list of the most popular Layer 1 and Layer 2 blockchain projects by NFT volume, measuring the total NFT collections.
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HBO teases a new documentary covering Bitcoin and the identity of Satoshi Nakamoto
HBO has unveiled its documentary about Bitcoin that will reportedly uncover the identity of Satoshi Nakamoto an infamous cryptocurrency’s creator. The documentary called “Money Electric: The Bitcoin Story” will be released on Wednesday, October 9th at 1:00 UTC exclusively on HBO MAX streaming service.
👉🏻 watcher.guru/news/new-hbo-bitcoin-documentary-uncovers-identity-of-satoshi-nakamoto
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HBO has unveiled its documentary about Bitcoin that will reportedly uncover the identity of Satoshi Nakamoto an infamous cryptocurrency’s creator. The documentary called “Money Electric: The Bitcoin Story” will be released on Wednesday, October 9th at 1:00 UTC exclusively on HBO MAX streaming service.
👉🏻 watcher.guru/news/new-hbo-bitcoin-documentary-uncovers-identity-of-satoshi-nakamoto
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Ta-da (TADA) announces the launch of its Phase 2 focused on mass adoption
Ta-da enters Phase 2, shifting its focus to scaling up the user base, stress-testing data models, and advancing the platform. The firm has also outlined multiple Phase 2 milestones, including dashboard, telegram Integration, tokenomics upgrade, and enhanced reward models, among others. Ta-da is a "talk-to-earn" Web3 app backed by Morningstar Ventures, MultiversX, GBV Capital, Spark Digital, and others.
👉🏻 medium.com/@ta-da/announcing-ta-da-phase-2-a-path-towards-mass-adoption-4cf729e6da91
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Ta-da enters Phase 2, shifting its focus to scaling up the user base, stress-testing data models, and advancing the platform. The firm has also outlined multiple Phase 2 milestones, including dashboard, telegram Integration, tokenomics upgrade, and enhanced reward models, among others. Ta-da is a "talk-to-earn" Web3 app backed by Morningstar Ventures, MultiversX, GBV Capital, Spark Digital, and others.
👉🏻 medium.com/@ta-da/announcing-ta-da-phase-2-a-path-towards-mass-adoption-4cf729e6da91
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Ta-da (TADA) announces the launch of its Phase 2 focused on mass adoption
Ta-da enters Phase 2, shifting its focus to scaling up the user base, stress-testing data models, and advancing the platform. The firm has also outlined multiple Phase 2 milestones, including dashboard, telegram Integration, tokenomics upgrade, and enhanced reward models, among others. Ta-da is a "talk-to-earn" Web3 app backed by Morningstar Ventures, MultiversX, GBV Capital, Spark Digital, and others.
👉🏻 medium.com/@ta-da/announcing-ta-da-phase-2-a-path-towards-mass-adoption-4cf729e6da91
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Ta-da enters Phase 2, shifting its focus to scaling up the user base, stress-testing data models, and advancing the platform. The firm has also outlined multiple Phase 2 milestones, including dashboard, telegram Integration, tokenomics upgrade, and enhanced reward models, among others. Ta-da is a "talk-to-earn" Web3 app backed by Morningstar Ventures, MultiversX, GBV Capital, Spark Digital, and others.
👉🏻 medium.com/@ta-da/announcing-ta-da-phase-2-a-path-towards-mass-adoption-4cf729e6da91
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Plume Network will host a $500M private credit fund launched by Credbull
Decentralized private credit platform Credbull is rolling out a new fixed yield credit facility exclusively on Plume Network, with a capacity of up to $500M. The yield credit facility will debut with a fixed 30-day 10% annualized yield with daily redemption features on assets and yield, with assets capped at $100M at launch. Plume is a modular L2 blockchain dedicated to all RWAs that integrates asset tokenization and compliance providers directly into the chain.
👉🏻 coindesk.com/business/2024/10/03/rwa-platform-credbull-rolls-out-up-to-500m-private-credit-fund-with-fixed-high-yield-on-plume-network
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Decentralized private credit platform Credbull is rolling out a new fixed yield credit facility exclusively on Plume Network, with a capacity of up to $500M. The yield credit facility will debut with a fixed 30-day 10% annualized yield with daily redemption features on assets and yield, with assets capped at $100M at launch. Plume is a modular L2 blockchain dedicated to all RWAs that integrates asset tokenization and compliance providers directly into the chain.
👉🏻 coindesk.com/business/2024/10/03/rwa-platform-credbull-rolls-out-up-to-500m-private-credit-fund-with-fixed-high-yield-on-plume-network
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Zesh (ZESH) has announced its strategic partnership with Mint Blockchain
Zesh joins forces with Mint Blockchain, an L2 blockchain built on OP Stack focusing on the NFT ecosystem. Through this partnership, the projects will boost the mass adoption of NFT assets with the help of Optimism Superchain, powered by Optimism & NFTScan. Zesh is a unique AI-powered SocialFi suite of tools, that leverages zkML to solve major Web3 problems.
👉🏻 x.com/ZeshApps/status/1841839502253330830
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Zesh joins forces with Mint Blockchain, an L2 blockchain built on OP Stack focusing on the NFT ecosystem. Through this partnership, the projects will boost the mass adoption of NFT assets with the help of Optimism Superchain, powered by Optimism & NFTScan. Zesh is a unique AI-powered SocialFi suite of tools, that leverages zkML to solve major Web3 problems.
👉🏻 x.com/ZeshApps/status/1841839502253330830
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