​​Ellipsis Labs raises $20M from Haun Ventures to accelerate the launch of its Atlas L2 chain

Ellipsis Labs, the team behind the Solana-based decentralized exchange Phoenix, has raised $20M from Haun Ventures. The funding will be used to accelerate the development of Atlas, a layer-2 blockchain focused on verifiable finance. Earlier in April, Ellipsis Labs raised $20M from Paradigm and Electric Capital to build Phoenix, an order book-style exchange on Solana.

👉🏻 coindesk.com/tech/2024/10/31/ellipsis-labs-raises-20m-from-haun-ventures-to-launch-verifiable-finance-blockchain-atlas

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​​Franklin Templeton takes its tokenized treasury fund to Coinbase’s L2 chain, Base

Franklin Templeton expands its OnChain U.S. Government Money Market Fund (FOBXX) to Base, becoming the first asset manager on the Layer 2. The fund, which has a $410M market cap, is already available on Arbitrum, Polygon, Avalanche, Aptos and Stellar, which functions as the primary public blockchain.

👉🏻 coindesk.com/business/2024/10/31/franklin-templeton-takes-its-tokenized-treasury-fund-to-base-becomes-first-asset-manager-on-the-layer-2

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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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​​Binance has completed their 29th quarterly BNB token burn

Binance has completed their 29th quarterly BNB burn, permanently removing 1,772,712 BNB, or the equivalent of approximately $1.02B. The latest quarterly burn includes the actual burning of 1,710,142 BNB, and 62,569 BNB as an additional burn for BTokens. Every quarter, Binance commits to burning BNB, until 50% of the total BNB supply (approximately 100,000,000 BNB) is removed from circulation.

👉🏻 bnbchain.org/en/blog/29th-bnb-burn

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​​pSTAKE Finance’s $PSTAKE token goes live on Sui via Wormhole

pSTAKE Finance has expanded the support for the $PSTAKE token to the Sui L2 network via сross-chain bridging protocol Wormhole. Users can now transfer their $PSTAKE to Sui via the Portal bridge. pSTAKE Finance is a Bitcoin yield protocol, backed by Binance Labs.

👉🏻 x.com/pStakeFinance/status/1851551195719934157?t=

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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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​​MicroStrategy plans to raise over $42B and buy more BTC over the next 3 years

MicroStrategy has unveiled its strategic goal of raising $42B of capital over the next 3 years, comprised of $21B of equity and $21B of fixed income securities. The firm will use the additional capital to buy more bitcoin as a treasury reserve asset to achieve a higher BTC Yield. MicroStrategy is an independent publicly traded analytics and business intelligence company that holds 252,220 bitcoins worth ~$10B.

👉🏻 businesswire.com/news/home/20241030040519/en

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​​Phylax Systems raises $4.5M in pre-seed round led by Figment Capital and Nascent

Phylax Systems has closed its $4.5M pre-seed funding led by Figment Capital and Nascent. Additional round participants included Robot Ventures, hash3xyz, Bankless Ventures, Breed VC, and Public Works. The firm plans to use the funds to develop The Credible Layer, a hack prevention protocol.

👉🏻 phylax.systems/blog/phylax-systems-raises-a-4-5mm-pre-seed-to-back-credible-security

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

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​​XSwap (XSWAP) has announced the launch of its RWA marketplace

XSwap rolls out its cross-chain RWA marketplace, powered by Chainlink’s CCIP. Users can now purchase tokenized real-world assets with any token, from any chain on the marketplace. The platform features multiple key features, including wide range of RWAs, cross-chain compatibility, and level-5 security, among others. 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/1851926173434998813

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​​Top Crypto Wallets by Downloads in September

Crypto Wallet is a self-custody wallet, putting you in control of your crypto, keys, and data. Let's take a look at some of the best-performed Crypto Wallet by the number of downloads in September, according to the data from SimilarWeb.

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​​Coinbase has teamed up with Visa to enable instant crypto buys with debit cards

Through the partnership, Coinbase customers with an eligible Visa debit card will have the ability to purchase crypto on the platform and cash out funds from the exchange to a bank account in real-time. Moreover, Coinbase's board of directors had authorized a $1B share repurchase program in its third-quarter earnings report.

👉🏻 cointelegraph.com/news/visa-coinbase-partner-instant-crypto-buys-debit-cards

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​​Coin of the Day by Market Sentiment - Trust Wallet (TWT)

Trust Wallet is a multi-chain, cryptocurrency wallet that supports a wide range of digital assets. It offers features like decentralized exchange access, Web3 browser for DApps, and secure storage of cryptocurrencies.

Predict TWT price movements on Oriole Insights
👉🏻 app.orioleinsights.io/projects/trust-wallet

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​​Injective announces the launch of its first native stablecoin – AUSD by Agora

Injective has introduced the first native stablecoin on its blockchain: Agora’s fully collateralized U.S. digital dollar, AUSD. This innovation will enable ecosystem dApps such as DEXs, staking & lending protocols, and others to adopt the stablecoin into their solutions seamlessly. Injective is a Layer 1 blockchain optimized for building the premier Web3 finance applications.

👉🏻 blog.injective.com/en/agora-to-launch-native-us-dollar-stablecoin-on-injective

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CARV (CARV) has kicked off a new initiative in collaboration with Sei

CARV announces the launch of a new initiative to empower the 40 game studios building on Sei’s high-performance blockchain. The campaign will leverage CARV Play and Infinite Play to accelerate user acquisition and engagement. Moreover, players and game studios will benefit from CARV’s Infinite Play, CARV ID, and CARV Play. CARV is a modular data layer that facilitates data exchange and value distribution across gaming and AI.

👉🏻 medium.com/@Carv/carv-unveils-new-initiative-with-sei-to-supercharge-user-acquisition-for-game-developers-5f9e90c308f2

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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 AI Ecosystem Coins 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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​​Top Recent Crypto Fundraising Events

Presenting a list of some recent crypto fundraising events, backed by well-known investors such as Animoca Brands, Hack VC, Hashkey, Framework Ventures, Haun Ventures, Maelstrom, Big Brain Holdings, Founders Fund, IOSG Ventures, Variant, Mirana Ventures, and others. Let's take a look!

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​​Biggest Crypto Fundraising Events in October

Presenting a list of the biggest crypto fundraising rounds in October 2024, backed by well-known investors such as Paradigm, a16z crypto, Pantera Capital, Hack VC, Blockchain Capital, Polychain Capital, Haun Ventures, Hashkey, Maelstrom, Big Brain Holdings, Framework Ventures, Ripple, and others. Let's take a look!

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​​TON Foundation introduces its new governance model, called Society DAO

The Open Network Foundation kicks off Society DAO, its new governance model which aimed at fostering a more decentralized ecosystem. Society DAO will be comprised of four founding members, including TON Core, TON Studio, TON Society, and Wallet in Telegram. The innovation allows community members to take an active role in decision-making, resource allocation, and project management.

👉🏻 blog.ton.org/ton-s-path-to-decentralization-the-evolution-of-the-governance-model

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​​TOP NFT Projects by Social Activity

Posts. Posts measures 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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