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.
CryptoDep | Community Chat | Twitter | Telegram
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.
CryptoDep | Community Chat | Twitter | Telegram
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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OKX Ventures announces the launch of a $10M Telegram Growth Hub
OKX Ventures kicks off a $10M Telegram Growth Hub jointly with The Open Platform and Folius Ventures. The fund will focus on three key areas, including user onboarding and educational tools, trading capabilities and networks, & mini-app ecosystem expansion. Telegram Growth Hub will select up to 10 promising projects for a two-month acceleration program.
👉🏻 okx.com/learn/okx-telegram-growth-hub
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OKX Ventures kicks off a $10M Telegram Growth Hub jointly with The Open Platform and Folius Ventures. The fund will focus on three key areas, including user onboarding and educational tools, trading capabilities and networks, & mini-app ecosystem expansion. Telegram Growth Hub will select up to 10 promising projects for a two-month acceleration program.
👉🏻 okx.com/learn/okx-telegram-growth-hub
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Sapien has closed its $10.5M seed investment round led by Variant
Sapien, a startup that incentivizes people to supply all sorts of data for use in AI, raises $10.5M seed funding led by Variant. Additional round participants included Primitive Ventures, Animoca Brands, Yield Guild Game, and HF0. Led by Rowan Stone, the former co-creator of Coinbase’s layer 2 network Base, and Trevor Koverko, founder of Polymath, Sapien is currently working to solve data-driven challenges for 17 large enterprise partners, that include the likes of Alibaba and Baidu.
👉🏻 coindesk.com/business/2024/10/30/ai-data-collection-startup-sapien-raises-105m-seed-funding-led-by-variant
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Sapien, a startup that incentivizes people to supply all sorts of data for use in AI, raises $10.5M seed funding led by Variant. Additional round participants included Primitive Ventures, Animoca Brands, Yield Guild Game, and HF0. Led by Rowan Stone, the former co-creator of Coinbase’s layer 2 network Base, and Trevor Koverko, founder of Polymath, Sapien is currently working to solve data-driven challenges for 17 large enterprise partners, that include the likes of Alibaba and Baidu.
👉🏻 coindesk.com/business/2024/10/30/ai-data-collection-startup-sapien-raises-105m-seed-funding-led-by-variant
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=nil; Foundation has announced the launch of the =nil; Testnet v1
=nil; Foundation kicks off its testnet v1, encompassed with several protocol upgrades, DevEx improvements, and more. The innovation will allow developers to access improved DevEx, better tools & interatctions, dev sandbox, and enshrined tokens among other features. Moreover, the firm teased another two testnets before the mainnet launch in 2025. Nil Foundation is a data accessibility protocol developer, backed by Polychain Capital, Blockchain Capital, Starkware, and Mina Protocol in a $22M investment round.
👉🏻 nil.foundation/blog/post/testnet_is_now_live
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=nil; Foundation kicks off its testnet v1, encompassed with several protocol upgrades, DevEx improvements, and more. The innovation will allow developers to access improved DevEx, better tools & interatctions, dev sandbox, and enshrined tokens among other features. Moreover, the firm teased another two testnets before the mainnet launch in 2025. Nil Foundation is a data accessibility protocol developer, backed by Polychain Capital, Blockchain Capital, Starkware, and Mina Protocol in a $22M investment round.
👉🏻 nil.foundation/blog/post/testnet_is_now_live
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Space and Time introduced its SXT Chain along with the testnet launch
Space and Time, a Microsoft-backed data platform, rolls out the SXT network, a decentralized network of tamperproof database nodes. Developers can already access blockchain indexing, proof of SQL queries, and tamperproof SQL database on the testnet. Moreover, the project will soon launch a program that will allow community members to run indexing nodes for SXT Chain with minimal hardware.
Space and Time has raised $50M via multiple funding rounds from Microsoft, OKX Ventures, Polygon, Framework Ventures, and others. The project aims to provide devs with data, tools, and infrastructure capable of improving the development of applications at the intersection of artificial intelligence and blockchain.
👉🏻 spaceandtime.io/blog/introducing-sxt-chain
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Space and Time, a Microsoft-backed data platform, rolls out the SXT network, a decentralized network of tamperproof database nodes. Developers can already access blockchain indexing, proof of SQL queries, and tamperproof SQL database on the testnet. Moreover, the project will soon launch a program that will allow community members to run indexing nodes for SXT Chain with minimal hardware.
Space and Time has raised $50M via multiple funding rounds from Microsoft, OKX Ventures, Polygon, Framework Ventures, and others. The project aims to provide devs with data, tools, and infrastructure capable of improving the development of applications at the intersection of artificial intelligence and blockchain.
👉🏻 spaceandtime.io/blog/introducing-sxt-chain
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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
This digest provides a quick overview of the most significant cryptocurrency news, that's worth your attention.
CryptoDep | Community Chat | Twitter | Telegram
Nitro Labs has raised $4M in a seed funding round led by Lemniscap
Nitro Labs, the team behind Termina, raises $4M in funding led by Lemniscap. Additional round participants included Animoca Ventures, Borderless Capital, Finality Capital, Race Capital, and No Limit Holdings. Termina is an open-source platform that aims to enable developers to easily deploy custom Solana rollups or SVM network extensions. Currently, the network is in its private alpha devnet phase, with its mainnet anticipated to go live next year.
👉🏻 theblock.co/post/323763/solana-scaling-nitro-labs-termina-funding
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Nitro Labs, the team behind Termina, raises $4M in funding led by Lemniscap. Additional round participants included Animoca Ventures, Borderless Capital, Finality Capital, Race Capital, and No Limit Holdings. Termina is an open-source platform that aims to enable developers to easily deploy custom Solana rollups or SVM network extensions. Currently, the network is in its private alpha devnet phase, with its mainnet anticipated to go live next year.
👉🏻 theblock.co/post/323763/solana-scaling-nitro-labs-termina-funding
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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.
CryptoDep | Community Chat | Twitter | Telegram
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.
CryptoDep | Community Chat | Twitter | Telegram
FTX has initiated legal action against KuCoin to recover $50M in locked assets
Alameda Research, the subsidiary of the bankrupt crypto exchange FTX, has sued KuCoin to recover over $50M in locked assets. The assets were originally valued at $28M but now exceed $50M due to market fluctuations. Earlier this month, FTX agreed with Bybit to drop its lawsuit against the exchange in a $228M settlement.
👉🏻 cointelegraph.com/news/ftx-estate-sues-kucoin-recover-assets
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Alameda Research, the subsidiary of the bankrupt crypto exchange FTX, has sued KuCoin to recover over $50M in locked assets. The assets were originally valued at $28M but now exceed $50M due to market fluctuations. Earlier this month, FTX agreed with Bybit to drop its lawsuit against the exchange in a $228M settlement.
👉🏻 cointelegraph.com/news/ftx-estate-sues-kucoin-recover-assets
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Top 10 Blockchain Games by Volume (30d)
With the spread of Web3 technologies, blockchain games became the industry trend and keep on attracting the attention of gaming & crypto communities. We have made a recap of top blockchain games by volume in the last 30 days, so let's take a look!
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With the spread of Web3 technologies, blockchain games became the industry trend and keep on attracting the attention of gaming & crypto communities. We have made a recap of top blockchain games by volume in the last 30 days, so let's take a look!
CryptoDep | Community Chat | Twitter | Telegram
VanEck debuts its $SOL staking offering through the partnership with Kiln
The crypto-friendly asset manager VanEck has partnered with Kiln, an enterprise staking service, to begin staking Solana. Under this collaboration, VanEck will now offer regulated access to Solana staking rewards on top of the price of $SOL. Earlier this month, VanEck disclosed its plans to raise $30M for its first fund to invest in early-stage startups.
👉🏻 blockworks.co/news/vaneck-begins-sol-staking
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The crypto-friendly asset manager VanEck has partnered with Kiln, an enterprise staking service, to begin staking Solana. Under this collaboration, VanEck will now offer regulated access to Solana staking rewards on top of the price of $SOL. Earlier this month, VanEck disclosed its plans to raise $30M for its first fund to invest in early-stage startups.
👉🏻 blockworks.co/news/vaneck-begins-sol-staking
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Top Crypto Projects by Developer Activity in October
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.
CryptoDep | Community Chat | Twitter | Telegram
