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The media layer of Web3: news, token sales, analytics, airdrops

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​​CryptΠΎ.соm has filed a suit against the U.S. Securities and Exchange Commission

Cryptocurrency exchange Cryptо.соm sues SEC, along with its chair Gary Gensler and its four commissioners after the regulator sent a Wells Notice to the company. Through this move, the exchange aims to protect the future of crypto in the U.S. Moreover, Cryptо.соm has filed a petition with the CFTC and SEC to confirm via joint interpretation that certain cryptocurrency derivative products are solely regulated by the CFTC.

πŸ‘‰πŸ» crypto.com/company-news/complaint

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​​Sui Network (SUI) partners with Circle to expand the support of native $USDC

Sui Network to become the first move-based Layer-1 to partner with Circle. Under this integration, the projects will expand the support for native $USDC to the Sui L1 chain. Sui is a layer-1 blockchain optimizing for low-latency blockchain transfers backed by a16z, Binance Labs, Coinbase Ventures, and other notable investors.

πŸ‘‰πŸ» x.com/SuiNetwork/status/1843653726248276072

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​​Humanode has rolled out its $10M ecosystem funding program

Humanode announces the launch of its $10M ecosystem funding program. The program will be supported by Big Brain Holdings & Republic Crypto and will have the initial focus on consumer DApps to be launched on the Humanode chain. Humanode is a crypto-biometric network backed by Shima Capital, Genblock Capital, Wintermute, and others.

πŸ‘‰πŸ» blog.humanode.io/humanode-launches-ecosystem-funding-program

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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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​​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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​​Bitlayer raises $9M in a Series A extension funding led by Polychain & Franklin Templeton

Bitlayer, the developer of a Bitcoin Layer 2 network, has announced the closure of its $9M Series A extension investment. The round was led by Polychain Capital and co-led by Franklin Templeton, with additional backing from SCB Limited, Selini Capital, G-20 Group and other investors. The latest round brings Bitlayer's total funding to $25M, following its $11M Series A in July and $5M seed round in March. Bitlayer Labs is building a Bitcoin Layer 2 network based on the Bitcoin Virtual Machine (BitVM) system, which offers Bitcoin-equivalent security.

πŸ‘‰πŸ» theblock.co/post/320093/bitcoin-layer-2-bitlayer-new-funding-valuation

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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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​​io.nΠ΅t (IO) will be listed on the Coinbase exchange on October 9th

Trading for $IO will begin on Coinbase today, on October 9th, on or after 16:00 UTC, if liquidity conditions are met. io.nΠ΅t is a Solana-based DePIN project focused on sourcing GPU computing power, backed by Multicoin Capital, Hack VC, 6th Man Ventures, Delphi Digital, OKX Ventures, MH Ventures, and Solana Ventures among others.

πŸ‘‰πŸ» x.com/CoinbaseAssets/status/1843683595367370787

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​​Top Blockchain dApps by Total Revenue (30d)

Decentralized applications (dApps) operate on a blockchain network and have gained popularity in recent years. In this post, we analyze the data from Token Terminal and rank the top blockchain dApps by total revenue in the last 30 days, to understand which dApps are generating the most income and why.

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​​The Open Network (TON) blockchain has raised $10M in funding from GatΠ΅.Ρ–ΠΎ

GatΠ΅.Ρ–ΠΎ has announced a $10M strategic investment in The Open Network (TON) blockchain. Through the funding, Gate plans to deepen its involvement in the governance of the TON blockchain and contribute to its ongoing development. Moreover, the company will also focus on launching new products to further support and expand the TON ecosystem. Earlier in September, TON blockchain also raised $30M from Bitget and Foresight Ventures.

πŸ‘‰πŸ» gate.io/announcements/article/39737/gate.io-announces-10-million-investment-in-ton-blockchain-to-boost-telegram-based-projects

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​​Top RWA Projects by Total Value Locked

Real World Assets (RWAs) became one of the most hyped narratives of current market momentum. Let's explore the leading RWA projects ranged by TVL.

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​​Sophon is set to conduct its public mainnet launch before December 2024

Sophon has unveiled an upcoming launch of its main network which is expected to go live before December 2024. The $SOPH token will be deployed with the mainnet genesis. Users who purchased Sophon Nodes will become Guardians, represented by a unique NFT (ERC-721 token) on the Sophon network. Guardians can operate Sophon Nodes or delegate that privilege, directly involving you in the network's core functions. Sophon is a community-driven and entertainment-focused ecosystem built atop a modular rollup stack leveraging zkSync's Hyperchain technology, backed by Paper Ventures, Binance Labs, Maven 11, OKX Ventures, and others.

πŸ‘‰πŸ» blog.sophon.xyz/the-road-to-mainnet

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​​Semantic Layer has raised $3M in seed financing led by Figment Capital

Semantic Layer announces the closure of its $3M seed investment led by Figment Capital. The investment saw additional support from Hack VC, Robot Ventures, Bankless Ventures, Fenbushi Capital, Anagram, and Perridon Ventures. Semantic Layer aims to bolster transaction execution infrastructure to give dApps more control over multichain transaction ordering and bundling.

πŸ‘‰πŸ» theblock.co/post/319920/figment-capital-leads-3-million-seed-round-for-semantic-layer

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​​Binance Staked SOL (BNSOL) will be listed on Binance on October 10th

Trading for $BNSOL will go live on the Binance exchange on October 10th, at 8:00 AM UTC. Moreover, the exchange will introduce a boost in APR promotion of up to 10%. Introduced back in September, BNSOL is a liquid staking token that represents their staked assets.

πŸ‘‰πŸ» binance.com/en/support/announcement/binance-will-list-binance-staked-sol-bnsol-and-introduce-bnsol-boosted-apr-promotion-56398cfbd9c4419d9c0b54a0d1da2a7b?hl=en

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​​Kiva Ai announces the closure of its $7M pre-seed funding led by CoinFund

Kiva Ai has closed its $7M pre-seed investment led by CoinFund and joined by Paper Ventures, Actai Ventures, Hashkey Capital, NGC Ventures, Foresight Ventures, Big Brain Holdings, Protagonist, Breed VC, and others. Kiva Ai develops high-quality, scalable, and cost-effective data labeling, annotation, and RLHF.

πŸ‘‰πŸ» x.com/KivaAi/status/1843647424407159072

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​​Coin of the Day by Market Sentiment - BNB (BNB)

BNB fuels the BNB Chain ecosystem, serving as a premier utility token. BNB Chain is one of the largest blockchains for Web3 dApps with huge user bases.

Predict BNB price movements
on Oriole Insights
πŸ‘‰πŸ» app.orioleinsights.io/projects/bnb

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​​Almost 90% of Polymarket users did not make a profit on the platform

According to the data from LayerHub, an on-chain analytics platform, only 12.7% of crypto wallets report profits on Polymarket. Some 149K users or 87.3% of the 171K crypto wallets on Polymarket did not make a profit, while wallets with confirmed profits amount to 21K or 12.7%, with most earning less than $100.

Polymarket is a decentralized prediction markets platform. Back in May 2024, the platform raised $74M in three funding rounds backed by Founders Fund, Vitalik Buterin, 1confirmation, ParaFi, and Dragonfly Capital.

πŸ‘‰πŸ» cointelegraph.com/news/gambling-on-polymarket-profitability-data-revealed

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​​Global asset manager VanEck plans to raise $30M for its first fund

VanEck, a global investment management giant, has entered into the venture capital space with the launch of VanEck Ventures. The firm is seeking $30M to invest in early-stage startups operating at the intersection of fintech, digital assets, and artificial intelligence. VanEck is anchoring its first venture fund, allowing the firm to begin investing while continuing to raise capital, with the fund expected to close later this quarter.

πŸ‘‰πŸ» theblock.co/post/320213/vaneck-ventures-launch-first-fund

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Ethereum Domain Name Service has announced its integration with Google

Ethereum Domain Name Service (ENS) has been officially integrated into Google Search. Through this innovation, users will be able to search for any .eth name and check associated balances directly within Google Search. Moreover, the Google Cloud Web3 faucet for Sepolia and Holesky has also been integrated with ENS.

πŸ‘‰πŸ» x.com/ensdomains/status/1844029858957148523

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​​COTI (COTI) teams up with Gitcoin to launch a $500K grants program

COTI has announced the launch of a $500K grants program in collaboration with Gitcoin. The initiative seeks to accelerate the development of privacy solutions for the benefit of the wider web3 ecosystem. Under this partnership, COTI will leverage Gitcoin’s renowned grants management tools and services to onboard a new cohort of web3 developers and privacy projects to its ecosystem. COTI creates the world's leading digital infrastructure for payments and enterprise tokens.

πŸ‘‰πŸ» cotinetwork.medium.com/coti-and-gitcoin-partner-to-deliver-500k-in-new-grants-for-privacy-projects-2eb6c052cdd9

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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