Improbable unveils its plans to develop its layer-1 blockchain, dubbed Somnia
Gaming technology startup Improbable has announced an upcoming launch of its Somnia L1 blockchain. The firm has also disclosed that chain's devnet will be launched in coming weeks. Somnia will initially focus on gaming, metaverse, and social experiences, while having a broader range of use cases. Improbable is backed by a16z, SoftBank, Digital Currency Group, and others with total funding amount of $822M.
👉🏻 decrypt.co/288261/bored-apes-improbable-layer-1-blockchain-somnia
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Gaming technology startup Improbable has announced an upcoming launch of its Somnia L1 blockchain. The firm has also disclosed that chain's devnet will be launched in coming weeks. Somnia will initially focus on gaming, metaverse, and social experiences, while having a broader range of use cases. Improbable is backed by a16z, SoftBank, Digital Currency Group, and others with total funding amount of $822M.
👉🏻 decrypt.co/288261/bored-apes-improbable-layer-1-blockchain-somnia
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Top 10 dApps on Blast 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 #Blast by users activity in the last 30 days, according to the data from DappRadar.
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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 users activity in the last 30 days, according to the data from DappRadar.
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Jito Foundation has announced the launch of Jito (Re)staking Phase 1
Jito Foundation unveils Phase 1 of Jito (Re)staking, allowing users to boost their staking rewards by providing economic security for key Solana infrastructure. Jito (Re)staking will officially open for deposits on October 30th, on its homepage, as well as, via frontends provided by VRT vault managers Renzo, Kyros, and Fragmetric. During Phase 1, global caps will be set at $25M in deposits, split evenly between the three VRTs. The firm also plans to raise caps in the coming weeks.
👉🏻 jito.network/blog/jito-re-staking-deposits-launch-phase1
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Jito Foundation unveils Phase 1 of Jito (Re)staking, allowing users to boost their staking rewards by providing economic security for key Solana infrastructure. Jito (Re)staking will officially open for deposits on October 30th, on its homepage, as well as, via frontends provided by VRT vault managers Renzo, Kyros, and Fragmetric. During Phase 1, global caps will be set at $25M in deposits, split evenly between the three VRTs. The firm also plans to raise caps in the coming weeks.
👉🏻 jito.network/blog/jito-re-staking-deposits-launch-phase1
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Chainlink’s (LINK) data streams go live on Solana via the partnership with GMX-SOLANA
Chainlink has expanded the support of its data streams on the Solana blockchain. Launched in collaboration with GMX-SOLANA, the innovation allows Solana devs to access high-frequency, sub-second market data backed by Chainlink's time-tested, decentralized infrastructure. Chainlink is a decentralized oracle network that enables developers, startups, and enterprises to build tangible use cases that unlock value in Web3.
👉🏻 x.com/chainlink/status/1850992279068283167
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Chainlink has expanded the support of its data streams on the Solana blockchain. Launched in collaboration with GMX-SOLANA, the innovation allows Solana devs to access high-frequency, sub-second market data backed by Chainlink's time-tested, decentralized infrastructure. Chainlink is a decentralized oracle network that enables developers, startups, and enterprises to build tangible use cases that unlock value in Web3.
👉🏻 x.com/chainlink/status/1850992279068283167
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Clearpool’s L2 Ozean teams up with Ethena to introduce USDe & sUSDe
Ozean, the blockchain for RWA yield being launched by Clearpool, has unveiled USDe and sUSDe by Ethena. The USDe stablecoin and USDe yield-bearing token will be integrated into Ozean's upcoming Liquidity Generation Event (LGE). Moreover, USDe and sUSDe will be integrated into Oxygen (O2), the innovative RWA liquidity layer on Ozean. Clearpool is a DeFi credit and RWA lending protocol.
👉🏻 clearpool.medium.com/introducing-ethenas-usde-susde-in-ozean-s-liquidity-generation-event-oxygen-2821617990fd
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Ozean, the blockchain for RWA yield being launched by Clearpool, has unveiled USDe and sUSDe by Ethena. The USDe stablecoin and USDe yield-bearing token will be integrated into Ozean's upcoming Liquidity Generation Event (LGE). Moreover, USDe and sUSDe will be integrated into Oxygen (O2), the innovative RWA liquidity layer on Ozean. Clearpool is a DeFi credit and RWA lending protocol.
👉🏻 clearpool.medium.com/introducing-ethenas-usde-susde-in-ozean-s-liquidity-generation-event-oxygen-2821617990fd
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PumpBTC raises $10M in seed funding led by SevenX Ventures and Mirana Ventures
PumpBTC has announced the closure of its $10M seed fundraising co-led by SevenX Ventures and Mirana Ventures. Among other investors are UTXO, Mantle Ecosystem Fund, Seven Seas Capital, Istari Venture, Arcane Group, Coinsummer, Sharding Capital, 10k Ventures, as well as angels from Quantstamp, Veda, WBTC DAO, Stepn, Cyberconnect, Synfutures, Superteam, and Redstone. The funding will allow PumpBTC to fuel the development of its liquid staking solutions and the upcoming launch of BTC-fi, a BTC CeDeFi Yield Vault platform.
👉🏻 medium.com/@Pumpbtcxyz/pumpbtc-raises-10m-seed-funding-to-build-a-new-standard-in-btc-yield-vaults-with-btc-fi-15de7cf26a82
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PumpBTC has announced the closure of its $10M seed fundraising co-led by SevenX Ventures and Mirana Ventures. Among other investors are UTXO, Mantle Ecosystem Fund, Seven Seas Capital, Istari Venture, Arcane Group, Coinsummer, Sharding Capital, 10k Ventures, as well as angels from Quantstamp, Veda, WBTC DAO, Stepn, Cyberconnect, Synfutures, Superteam, and Redstone. The funding will allow PumpBTC to fuel the development of its liquid staking solutions and the upcoming launch of BTC-fi, a BTC CeDeFi Yield Vault platform.
👉🏻 medium.com/@Pumpbtcxyz/pumpbtc-raises-10m-seed-funding-to-build-a-new-standard-in-btc-yield-vaults-with-btc-fi-15de7cf26a82
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Coin of the Day by Market Sentiment - WhiteBIT (WBT)
WBT is the native coin of one of the largest cryptocurrency exchanges in Europe, WhiteBIT.
Predict WBT price movements on Oriole Insights
👉🏻 app.orioleinsights.io/projects/whitebit-coin
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WBT is the native coin of one of the largest cryptocurrency exchanges in Europe, WhiteBIT.
Predict WBT price movements on Oriole Insights
👉🏻 app.orioleinsights.io/projects/whitebit-coin
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MANTRA (OM) has announced its partnership with Google Cloud
MANTRA joins forces with Google Cloud to ensure an efficient, reliable, and secure blockchain infrastructure on the MANTRA Chain. Through this integration, Google will act as a primary validator and infrastructure provider for MANTRA Chain. Moreover, the partnership will also extend into the recently launched Google Cloud Web3 Portal and a new accelerator program for RWAs. MANTRA is a purpose-built Layer 1 blockchain offering a comprehensive and customizable suite of tools for developers and institutions to seamlessly tokenize real-world assets.
👉🏻 mantrachain.io/resources/announcements/mantra-partners-with-google-cloud
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MANTRA joins forces with Google Cloud to ensure an efficient, reliable, and secure blockchain infrastructure on the MANTRA Chain. Through this integration, Google will act as a primary validator and infrastructure provider for MANTRA Chain. Moreover, the partnership will also extend into the recently launched Google Cloud Web3 Portal and a new accelerator program for RWAs. MANTRA is a purpose-built Layer 1 blockchain offering a comprehensive and customizable suite of tools for developers and institutions to seamlessly tokenize real-world assets.
👉🏻 mantrachain.io/resources/announcements/mantra-partners-with-google-cloud
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Optimism Foundation to provide grants in the amount of 25M $OP to Kraken
Optimism Foundation has agreed to provide Kraken $42.5M of $OP tokens in the Layer-2 deal. Moreover, the deal which was finalized around January or February, paved the way for Kraken to use Optimism’s OP Stack. Last week, crypto exchange Kraken introduced Ink, its own layer-2 network built on the OP stack. The token allocation would be paid to Kraken in grants over a time period.
👉🏻 coindesk.com/tech/2024/10/29/optimism-foundation-agreed-to-give-kraken-425m-of-op-tokens-in-layer-2-deal
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Optimism Foundation has agreed to provide Kraken $42.5M of $OP tokens in the Layer-2 deal. Moreover, the deal which was finalized around January or February, paved the way for Kraken to use Optimism’s OP Stack. Last week, crypto exchange Kraken introduced Ink, its own layer-2 network built on the OP stack. The token allocation would be paid to Kraken in grants over a time period.
👉🏻 coindesk.com/tech/2024/10/29/optimism-foundation-agreed-to-give-kraken-425m-of-op-tokens-in-layer-2-deal
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Stacks (STX) has announced the activation of its Nakamoto upgrade
Stacks, a layer-2 blockchain project atop Bitcoin, rolls out its Nakamoto upgrade, designed to make transactions faster. The upgrade has been the centerpiece of Stack's roadmap, with initial phases of the implementation began earlier this year. According to the project's roadmap, the upgrade will be followed by the launch of new programs to bootstrap sBTC growth.
👉🏻 stacks.org/nakamoto-is-here
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Stacks, a layer-2 blockchain project atop Bitcoin, rolls out its Nakamoto upgrade, designed to make transactions faster. The upgrade has been the centerpiece of Stack's roadmap, with initial phases of the implementation began earlier this year. According to the project's roadmap, the upgrade will be followed by the launch of new programs to bootstrap sBTC growth.
👉🏻 stacks.org/nakamoto-is-here
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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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XSwap becomes a launch partner for Lido’s new Direct staking module
XSwap has joined forces with Lido to facilitate a new Direct Staking module powered by Chainlink CCIP. Through the innovation, users can now stake ETH cross-chain directly from L2 networks like Arbitrum, Optimism, or Base, and receive wstETH. XSwap leverages Chainlink's Cross-Chain Interoperability Protocol to provide cross-chain messages and token transfers, offering defense-in-depth security and a unified developer interface for seamless and scalable execution across blockchains.
👉🏻 x.com/xswap_link/status/1851295905464697292?s=
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XSwap has joined forces with Lido to facilitate a new Direct Staking module powered by Chainlink CCIP. Through the innovation, users can now stake ETH cross-chain directly from L2 networks like Arbitrum, Optimism, or Base, and receive wstETH. XSwap leverages Chainlink's Cross-Chain Interoperability Protocol to provide cross-chain messages and token transfers, offering defense-in-depth security and a unified developer interface for seamless and scalable execution across blockchains.
👉🏻 x.com/xswap_link/status/1851295905464697292?s=
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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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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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Aethir, GAIB, and GMI Cloud will launch the first decentralized AI compute by H200 GPUs
Aethir has joined forces with GAIB and GMI Cloud to introduce the first decentralized AI compute network powered by NVIDIA's cutting-edge H200 Tensor Core GPUs. The collaboration aims to accelerate the development of large-scale AI applications by providing a more accessible and cost-effective way to utilize high-performance computing resources globally. Aethir builds scalable decentralized cloud infrastructure for Gaming & AI.
👉🏻 blog.aethir.com/blog-posts/aethir-gaib-and-gmi-cloud-launch-first-decentralized-ai-compute-powered-by-h200-gpus
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Aethir has joined forces with GAIB and GMI Cloud to introduce the first decentralized AI compute network powered by NVIDIA's cutting-edge H200 Tensor Core GPUs. The collaboration aims to accelerate the development of large-scale AI applications by providing a more accessible and cost-effective way to utilize high-performance computing resources globally. Aethir builds scalable decentralized cloud infrastructure for Gaming & AI.
👉🏻 blog.aethir.com/blog-posts/aethir-gaib-and-gmi-cloud-launch-first-decentralized-ai-compute-powered-by-h200-gpus
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TOP 10 DeFI dApps 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 DeFi dApps by volume in the last 30 days, regardless of the protocol's chain. Data taken from DappRadar.
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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 DeFi dApps by volume in the last 30 days, regardless of the protocol's chain. Data taken from DappRadar.
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Glif will launch its native $GLIF token with 100M tokens allocated for airdrop
Glif has announced the launch of its native $GLIF token with 100M tokens (10% of the total token supply) allocated for an airdrop to eligible users. The airdrop tokens will be distributed 1:1 to GLIF points holders with at least 1 point. Eligible users can access 25% of their tokens immediately, while the remaining 75% will vest linearly over 180 days. The firm aims to conduct its TGE at the end of this year or early next year. Glif is a liquid leasing platform on Filecoin and the network's largest DeFi protocol.
👉🏻 x.com/glifio/status/1851338683535769913
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Glif has announced the launch of its native $GLIF token with 100M tokens (10% of the total token supply) allocated for an airdrop to eligible users. The airdrop tokens will be distributed 1:1 to GLIF points holders with at least 1 point. Eligible users can access 25% of their tokens immediately, while the remaining 75% will vest linearly over 180 days. The firm aims to conduct its TGE at the end of this year or early next year. Glif is a liquid leasing platform on Filecoin and the network's largest DeFi protocol.
👉🏻 x.com/glifio/status/1851338683535769913
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Coin of the Day by Market Sentiment - Bitcoin (BTC)
Bitcoin $BTC is the world's first widely adopted cryptocurrency that allows for secure and seamless peer-to-peer transactions on the internet.
Predict BTC price movements on Oriole Insights
👉🏻 app.orioleinsights.io/projects/bitcoin
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Bitcoin $BTC is the world's first widely adopted cryptocurrency that allows for secure and seamless peer-to-peer transactions on the internet.
Predict BTC price movements on Oriole Insights
👉🏻 app.orioleinsights.io/projects/bitcoin
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Consensys to lay off 160 employees (20% of staff) across all divisions
Consensys, an infrastructure builder that created a MetaMask wallet, is cutting over 160 employees across all divisions of the company. The company will fire 162 of the 828 employees, extending to every company's unit. Joe Lubin, founder and CEO of Consensys, stated the layoffs were due to unfavorable macroeconomic factors and the legal costs of the company's protracted battle with regulators.
👉🏻 fortune.com/crypto/2024/10/29/consensys-layoffs-ethereum-lubin
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Consensys, an infrastructure builder that created a MetaMask wallet, is cutting over 160 employees across all divisions of the company. The company will fire 162 of the 828 employees, extending to every company's unit. Joe Lubin, founder and CEO of Consensys, stated the layoffs were due to unfavorable macroeconomic factors and the legal costs of the company's protracted battle with regulators.
👉🏻 fortune.com/crypto/2024/10/29/consensys-layoffs-ethereum-lubin
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Nillion announces the closure of its $25M funding round led by Hack VC
Nillion, a privacy-focused blockchain project, has raised $25M in a fundraising led by Hack VC. Among other investors are HashKey Capital, Maelstrom, Animoca Brands, Chapter One, Big Brain Holdings, Manifold, GSR, and Presto among others. Nillion is attempting to appeal to projects at the intersection of blockchain and artificial intelligene (AI), where huge amounts of data need to be shared and stored securely. The project has previously raised $20M and conducted the sale of its $NIL token on Coinlist.
👉🏻 coindesk.com/tech/2024/10/30/privacy-blockchain-project-nillion-raises-25m-to-expand-blind-computing
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Nillion, a privacy-focused blockchain project, has raised $25M in a fundraising led by Hack VC. Among other investors are HashKey Capital, Maelstrom, Animoca Brands, Chapter One, Big Brain Holdings, Manifold, GSR, and Presto among others. Nillion is attempting to appeal to projects at the intersection of blockchain and artificial intelligene (AI), where huge amounts of data need to be shared and stored securely. The project has previously raised $20M and conducted the sale of its $NIL token on Coinlist.
👉🏻 coindesk.com/tech/2024/10/30/privacy-blockchain-project-nillion-raises-25m-to-expand-blind-computing
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