​​Grayscale launches a new fund for decentralized AI

The fund will finance three key areas: AI services, addressing problems related to centralized AI use, and developing AI-related infrastructure. The AI Fund's basket already includes Bittensor, Filecoin, Livepeer, Near, and Render.

👉 theblock.co/post/305844/grayscale-launches-new-fund-for-decentralized-artificial-intelligence

​​Top-15 tokens by Price Bounce in the last 30 days

Presenting the tokens that showed the most significant growth from their lows in the last 30 days.

​​Crypto Events Recap, July 16-17

👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-july-16-17-2024

​​DAILY CRYPTOMARKET REVIEW

Total Market Capitalization: $2.49T (-1.38%)
BTC Price: $64,686 (-0.73%)
BTC Dominance: 51.3% (+0.10%)
Fear & Greed Index: 61 (Greed)
Total Value Locked: $159B (-1.34%)

​​WazirX (WRX) falls victim to over $230M hack

$234.9M of funds in the Safe Multisig wallet of the Indian exchange have been moved to a new address, with each transaction’s caller funded by Tornado Cash. In response to the security breach, WazirX has paused the withdrawal of crypto and INR on the platform.

👉 cointelegraph.com/news/indian-crypto-exchange-wazirx-hack-235m

​​Ancient8 (A8) initial listing took place on major exchanges

A8 token is now listed on Coinbase, Bybit, Gate, Bitget, HTX, and MEXC. A8 current price is $0.196. Current Diluted Valuation is $196M. Ancient8 develops an ETH gaming Layer 2 using OP Stack, offering a suite of Web3 infrastructure tools.

👉 x.com/Ancient8_gg/status/1813506440684089595

​​UXLINK (UXLINK) conducted its listing on multiple exchanges

UXLINK is now listed on OKX, Bybit, Gate, KuCoin, HTX, and Hashkey. UXLINK current price is $0.242. Current Diluted Valuation is $242M. UXLINK is the Web3 social platform and infrastructure enabling users to discover, engage and trade a diverse range of crypto.

👉 x.com/UXLINKofficial/status/1813846186857804086

​​zkLink (ZKL) will hold its airdrop and initial listing on July 22

Bitget and HashKey Global have already announced the listing on July 22, 12:00 UTC. 50M ZKL (5% of total supply) will be airdropped to NovaPoints, Nova Lynks NFT, and zkLink Loyalty Points holders on the same date. Users will have 4 months to claim their ZKL.

👉 x.com/zkLink_Official/status/1813496015007474168

​​Chromia (CHR) has kicked off its MVP mainnet

As of today, anyone can launch a dapp using Chromia Native Fees system. Mainnet is deployed across 16 system providers and 7 dapp providers, running one system cluster and one dapp cluster. The network will add more clusters dynamically as demand increases.

👉 blog.chromia.com/chromia-mvp-mainnet-is-live/

​​Allium has closed a $16.5M Series A fundraising round

The funding for enterprise-grade data platform, led by Theory Ventures with Kleiner Perkins and Amplify Partners participating, will be used to invest in data infrastructure. Allium's crypto-native clients include the Uniswap Foundation and wallet provider Phantom.

👉 allium.so/post/allium-raises-21m-series-a

​​Aethir (ATH) has rolled out a $50M Community Rewards Program

During the program, Aethir will distribute $50M worth of ATH tokens allocated for swap to active participants. Part of allocated tokens will be distributed to Checker License holders & ATH-AI pool stakers. Aethir is an enterprise-grade GPU-as-a-service provider.

👉 blog.aethir.com/blog-posts/aethirs-50-million-community-bonus-rewards-program

​​Sharpe AI (SAI) announced a partnership with Vanar (VANRY)

Сollaboration will enable Sharpe users to effortlessly track assets on Vanar chain and bring advanced analytics access by integrating the Vanar Chain into the Sharpe Terminal. Sharpe AI is a unified platform for investing, intelligence, and automating digital assets.

👉 x.com/SharpeLabs/status/1813603362648027271

​​Polygon scheduled MATIC to POL token migration on September 4th

Polygon set its Mainnet upgrade on September 4th, transitioning its native token MATIC to POL following community approval. Post-upgrade, POL will replace MATIC as the primary token for gas fees and staking within the network during the initial phase.

👉 theblock.co/post/306023/polygon-plans-to-migrate-matic-to-pol-token-on-sept-4

​​Chainbase raised $15 million in the Series A funding round

Tencent Investment Group and MPC co-led the Series A funding round. Among other investors are Folius VC, Hash Global, JSquare, Mask Network, and Bodl VC. Chainbase is an omnichain data network that consolidates all blockchain data into single platform.

👉 theblock.co/post/306140/blockchain-data-network-chainbase-funding

​​DAILY CRYPTOMARKET REVIEW

Total Market Capitalization: $2.46T (-1.64%)
BTC Price: $63,781 (-1.59%)
BTC Dominance: 51.2% (-0.10%)
Fear & Greed Index: 60 (Greed)
Total Value Locked: $159B (-1.34%)

​​Banana Gun (BANANA) to be listed on Binance on July 20th, 9:00 AM UTC

Banana Gun is the 1st HODLer airdrop project launching on Binance. Users who subscribed their BNB to Simple Earn products from Jun 23 to Jul 5 will receive a share of 800,000 BANANA (9% of supply) airdrop.

Banana Gun is a trading tool that offers both automatic and manual trading options via a Telegram bot. It enables users to efficiently engage in on-chain trading, featuring multiple unique capabilities.

👉 binance.com/en/support/introducing-banana-gun

​​zkLink (ZKL) launches on the Bybit Launchpool on July 22

Users will be able to stake ZKL, MNT, or USDT to earn a share of 7,000,000 ZKL tokens. The staking period goes live concurrently with listing on July 22, 12:00 UTC. zkLink is building the first L3 multi-rollup to solve liquidity fragmentation on Ethereum L2 rollups.

👉 announcements.bybit.com/en/article/bybit-launchpool-stake-zkl-usdt-or-mnt-to-earn

​​XION unveiled the list of brands that used its Chain Abstraction

Uber, Baskin Robbins, Sunglass Hut, and The North Face used XION through the EarnOS platform achieving 200K verified users and 1.3M unique brand interactions. XION has previously launched a public testnet of its Layer 1, a purpose-built chain for consumer adoption.

👉 xion.burnt.com/blog/xion-chain-abstraction-drives-success-for-uber-and-prominent-brands-through-earnos-platform

​​Sanctum (CLOUD) conducted its listing on multiple exchanges

CLOUD is now listed on Bybit, Gate, Bitget, Kraken, Orca and Jupiter. CLOUD current price is $0.306. Current Diluted Valuation is $306M. Sanctum is a liquid-staking protocol for the Solana ecosystem.

👉 x.com/sanctumso/status/1813963589923062126