​​Opacity Network raises $12M in funding led by Archetype and Breyer Capital

Opacity Network has announced the closure of its $12M seed funding round co-led by Archetype and Breyer Capital. Among other investors are a16z Crypto Startup Accelerator (CSX), Finality Capital Partners, Bodhi Ventures, Escape Velocity, North Island Ventures, Ambush Capital, and GD1 VC. Opacity Labs is the developer behind Opacity Network, a data verification platform utilizing zero-knowledge proofs.

👉🏻 x.com/OpacityNetwork/status/1846239543403688030

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​​TOP 10 dApps on BNB Chain 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 #BNBChain by volume in the last 30 days, according to the data from DappRadar.

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​​Predicate has announced the closure of its $7M investment round

Predicate raises $7M from 1kx, Consensys, Hashkey, Tribe Capital, Figment Capital, Reciprocal Ventures, Everstake, cyber Fund, Near Foundation, White Star Capital, and GSR among others. The project allows developers and communities to define and own transaction prerequisites without compromising on decentralization. For now, Predicate will offer a white glove service integration with new clients that it onboards, charging a transaction fee.

👉🏻 x.com/0xPredicate/status/1846206666695491994

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​​Top RWA Projects by Market Capitalization

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

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​​Vue Protocol has raised $6M in pre-seed and seed funding rounds

Vue Protocol has announced the completion of a $6M pre-seed and seed funding round, backed by Eureka Capital, PAKA, Genesis Ventures, and AU21 Capital. The fresh capital will allow Vue Protocol to accelerate the development of its social infrastructure, enhance the overall user experience, and drive forward integrations with numerous ecosystems. Powered by TON, EigenLayer, and Optimism, Vue Protocol develops the Layer 2 solution for Web3 Social.

👉🏻 vueprotocol.medium.com/vue-protocol-raises-6-million-to-build-the-layer2-for-web3-social-38578296aa52

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​​Top DePIN Projects by Revenue (30d)

DePIN is an acronym, short for Decentralized Physical Infrastructure Networks. Networks that use crypto-incentives to efficiently coordinate the buildout & operation of critical infrastructure.

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​​Bitnomial has announced the closure of its $25M Series C round led by Ripple

Bitnomial announces an upcoming launch of its perpetual futures trading platform, Botanical, backed by a $25M funding round led by Ripple. Moreover, Bitnomial has partnered with Ripple to leverage their stablecoin, RLUSD, for the settlement of the perpetual futures. Bitnomial is a digital asset derivatives exchange company that operates CFTC-regulated exchange, clearinghouse, and brokerage subsidiaries.

👉🏻 x.com/Bitnomial/status/1846188841381593591

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​​Sophon (SOPH) has announced its partnership with CARV (CARV)

Sophon joins forces with CARV, a modular data layer that facilitates data exchange and value distribution across gaming and AI. Through this partnership, CARV’s advanced identity solutions will be integrated into Sophon’s high-throughput platform. Moreover, Sophon has teased the launch of its mainnet in November 2024. 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.

👉🏻 blog.sophon.xyz/carv-sophon-partnership

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​​Coin of the Day by Market Sentiment - Illuvium (ILV)

Illuvium is a decentralized game studio and DAO that combines cryptocurrencies with internet gaming.

Predict ILV price movements on Oriole Insights
👉🏻 app.orioleinsights.io/projects/illuvium

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​​Binance Labs has invested in the Lombard Bitcoin restaking platform

Binance Labs announces its investment in Lombard, the developer, and distributor of LBTC, a security-first Bitcoin liquid staked token. The fresh funding will allow Lombard to expand access to LBTC across new chains, allowing users to stake BTC and mint LBTC. Lombard holds 40% of the Bitcoin LST market, with a Total Value Locked of over $500M or 8.5K $BTC, from over 12,500 users. The project has previously raised $16M in a seed funding round led by Polychain Capital.

👉🏻 binance.com/en/blog/ecosystem/binance-labs-invests-in-lombard-to-connect-bitcoin-to-defi-4826217132625427247

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​​Paxos announces the launch of its new stablecoin payments platform

Paxos has rolled out its new stablecoin payments platform that supports instant conversions between USD and PayPal’s PYUSD, Circle’s USDC and Paxos’ own USDP for received payments, pay-outs, and refunds. Stripe’s Pay with Crypto product is the first to utilize Paxos’ new solution. Moreover, users can choose to immediately convert a stablecoin payment to fiat currency or pay out stablecoin balances directly to merchants.

👉🏻 theblock.co/post/320894/paxos-stablecoin-payments-platform-stripe

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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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​​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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​​Fuel Labs has rolled out the mainnet of Fuel Ignition, its Ethereum L2 network

Fuel Ignition, a high-performance L2 solution that aims to solve both state-sustainability and performant execution as an Ethereum rollup, goes live on mainnet. Developers can get started with Ignition's documentation and introductory guides on how to build, test, and deploy DApps on the chain. Ignition is built upon the Fuel Virtual Machine (FuelVM) and a UTXO-based, asset-centric architecture with Ethereum-grade security. Fuel is an operating system purpose-built for Ethereum rollups, backed by Blockchain Capital, Stratos, CoinFund, Spartan, Fenbushi Capital, and other

👉🏻 fuel.mirror.xyz/U2xqey0oZFCrIBf7bO3yYyFplJKiJ0sfzAyYmhrPjag

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​​Radiant Capital (RDNT) has suffered a $51M exploit on BNB Chain and Arbitrum

Radiant Capital, an omnichain money market, has apparently been hacked for $51M. The exploiter targeted protocol's Arbitrum and BNB Chain instances using the transferFrom function. The suspected wallet holds over $32M worth of Arbitrum-based assets and around $18M worth of tokens on BNB Chain. Earlier this year, Radiant Capital lost around 1900 ETH, worth $4.5M, in a flash loan attack.

👉🏻 theblock.co/post/321606/radiant-capital-appears-to-suffer-51-million-exploit-on-its-bnb-chain-and-arbitrum-instances

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​​TON Foundation selects Axelar’s Mobius stack as an interoperability solution

The TON Foundation will integrate Axelar’s Mobius development stack as an interoperability solution. This innovation will enable asset transfers between TON and other blockchains and to support the development of cross-chain decentralized apps. Moreover, the integration also aims to prevent fragmented liquidity, ensure that assets are not isolated on different chains, and reduce user confusion by providing a unified cross-chain experience.

👉🏻 theblock.co/post/321427/ton-blockchain-taps-axelar-for-interoperability-push

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​​Top Blockchains by Average Transaction Fee

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​​Mento Labs has announced the closure of its $10M funding round

Mento, the developer of a decentralized EVM-platform for launching and operating stable assets on Celo, raises $10M in funding. Among investors are T-Capital, HashKey Capital, Richard Parsons, Flori Ventures, No Limit Holdings, Verda Ventures, w3 fund and others. The Mento Platform enables the launch and operation of stablecoins, combined with the Mento Asset Exchange.

👉🏻 mentolabs.xyz/blog/mento-labs-fundraise

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​​Top Centralized Exchanges by Monthly Visits

Let's take a look at the ranking of top centralized exchanges by monthly visits. Monthly visits to the website (not including mobile app) based on data from SimilarWeb and CoinGecko.

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​​Yellow Card has raised $33M in a Series C funding round led by Blockchain Capital

Yellow Card, the largest and first licensed Stablecoin on/off ramp on the African continent, closes its $33M funding, bringing project's total equity to $85M. The round was led by Blockchain Capital and joined by Polychain Capital, Third Prime Ventures, Castle Island Ventures, Block, Inc., Galaxy Ventures, Blockchain Coinvestors, Hutt Capital, and Winklevoss Capital. The fresh funding will be used to enhance Yellow Card’s API and widget products. Back in September 2022, Yellow Card raised $40M in its Series B funding.

👉🏻 yellowcard.io/blog/yellow-card-closes-us33m-series-c-funding-round

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​​Coin of the Day by Market Sentiment - Catizen (CATI)

Catizen (CATI) is a tap-to-earn game built on Telegram and powered by The Open Network (TON) blockchain

Predict CATI price movements on Oriole Insights
👉🏻 app.orioleinsights.io/projects/catizen

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