​​DAILY CRYPTOMARKET REVIEW

Total Market Capitalization: $2.39T (+1.15%)
BTC Price: $61,438 (+0.88%)
BTC Dominance: 50.7% (+0.10%)
Fear & Greed Index: 46 (Neutral)
Total Value Locked: $155B (+0.37%)

​​Conduit has closed a $37M Series A funding round

The funding was led by Paradigm and Haun Ventures with Bankless Ventures, Coinbase Ventures, Robot Ventures, and Credibly Neutral participating. Conduit is an infrastructure platform offering users to deploy production grade OP Chains in minutes with zero operations.

👉 x.com/KAndrewHuang/status/1805632313759514783

​​Sophon (SOPH) announced the launch of new farming pools

Among them are Zentry (stZENT), ether.fі (ETH, wETH, eETH & weETH), Lido (ETH, wETH, stETH, wstETH). 10% of the total SOPH supply will be designated as rewards. Sophon is a community-driven ecosystem leveraging zkSync's Hyperchain technology.

👉 x.com/sophon/status/1805619105170412014

​​Crossover Markets raises $12M Series A Funding Round

Illuminate Financial and DRW Venture Capital led the financial round. Other investors include Flow Traders, Laser Digital, Two Sigma, and others. Crossover Markets provides an advanced trading platform with ultra-low-latency and high throughput capabilities.

👉 x.com/crossover_mkts/status/1805859803392004534

​​Blast (BLAST) initial listing to take place on major exchanges on June 26th, 14:00 UTC

Bybit, KuCoin, UPbit, Gate, HTX, Bitget, and MEXC Global have already announced the listing. Total BLAST supply is 100B tokens with 50% allocated to community. Blast is an Ethereum Layer 2 with native yield for ETH and stablecoins.

👉 x.com/Blast_L2/status/1805630569830924310

​​Top-15 tokens by Current ROI launched in Q2 2024

Among the top performers are Donato Creator Token, the creator token for the Donato (YouTuber with 40M subs), Lista, the liquidity protocol for earning yields and borrowing of decentralized lisUSD, and TARS Protocol, an AI-driven, scalable Web3 infrastructure.

​​TeleportDAO (TST) to be initially listed on Kucoin, Gate, and Bitget

The TST trading starts on June 27th at 8:00 AM UTC. Deposits are now live. Initial Circulating Supply is 130.4M TST (13% of Total Supply). TeleportDAO is a light-client bridge connecting Bitcoin to Bitcoin L2s and EVM chains, allowing EVM dApps to utilize BTC data.

👉 kucoin.com/announcement/en-teleport-system-token-tst-gets-listed-on-kucoin-world-premiere

​​Vitalik introduced a company named Rarimo, based in Kyiv, Ukraine

Rarimo developed a “Freedom Tool,” which uses zero-knowledge proof tech to allow people to prove their citizenship and participate in voting without revealing identities. This system ensures that the results are tamper-proof and visible.

👉 cryptoslate.com/buterin-argues-for-blockchain-as-defense-against-efficiency-of-authoritarian-regimes/

​​Top 15 projects by positive market sentiment on Oriole Insights

Oriole Insights is a gamified prediction platform harnessing collective wisdom. The list of projects by Bullish expectations with a minimum of 50 predictions and 500 ORI pooled.

👉 https://app.orioleinsights.io/projects

​​Covalent (CQT) raised $5M in a strategic funding round

The funding was led by RockTree Capital with Moonrock Capital, CMCC Global, and Double Peak Group participating. Previously, Artur Hayes joined Covalent as advisor to help it to become the leading data infrastructure startup within the Ethereum ecosystem.

👉 theblock.co/post/301902/blockchain-data-infrastructure-firm-covalent-raises-5-million-in-strategic-funding

​​Crypto Events Recap, June 25-26

👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-june-25-26-2024

​​DAILY CRYPTOMARKET REVIEW

Total Market Capitalization: $2.37T (-1.38%)
BTC Price: $60,710 (-1.34%)
BTC Dominance: 50.6% (--0.10%)
Fear & Greed Index: 40 (Fear)
Total Value Locked: $153B (-1.46%)

​​Ora has closed a $20M Series A funding round

The funding was backed by Polychain Capital, Hashkey Capital, SevenX Ventures and HFO. Previously, it raised $3M in pre-seed round led by HongShan (ex-Sequoia China). ORA is the verifiable oracle protocol that brings AI and complex compute onchain.

👉 x.com/OraProtocol/status/1805981228329513260

​​XION announced the launch of Chain Abstraction to Neutron

The integration enables users to interact with apps across both ecosystems without the need to grapple with the complexities typically associated with Web3. XION is the Layer 1 purpose-built for mainstream adoption through Generalized Abstraction.

👉 x.com/burnt_xion/status/1805995546848514394

​​Starknet (STRK) has introduced its updated roadmap

Starknet roadmap is fully focused on UX improvement slated to improve transaction finality and TPS capacity. The team aims to make transactions faster without any additional cost, provide a better developer experience, and increase the congestion threshold.

👉 x.com/Starknet/status/1805855206393233752

​​Zeta Markets unveiled its native token ZEX along with airdrop distribution

Solana-based DEX Zeta Markets launched its native ZEX token and opened an airdrop claim portal. The airdrop comprises 100 million ZEX tokens (10% of the total supply). In May, Zeta Markets raised $5 million in a strategic funding round led by Electric Capital.

👉 theblock.co/post/302203/solana-dex-zeta-markets-zex-token-airdrop

​​Bitlayer launched 2nd season of Mining Gala with $1.2 million BTR rewards pool

The Mining Gala Season 2 is now live on OKX Cryptopedia in collab with Zearn, Macaron, Anome, Vanilla Finance, Avalon Finance, GamerBoom, and with $1.2 million worth in the BTR rewards pool. Bitlayer is a Bitcoin security-equivalent Layer 2 based on BitVM.

👉 https://x.com/BitlayerLabs/status/1806137123927687546

​​DeFi projects by Total Value Locked (TVL) / Fully Diluted Market Cap (FDMC) ratio

TVL/FDMC ratio can give an understanding of the long-term growth potential of an asset and whether it’s undervalued or overvalued.

A ratio above 1 may tell us that the asset is undervalued. A higher ratio may imply that the asset has more potential to grow. We took into consideration projects with TVL>$100M.

​​Blocklords (LRDS) launches the closed beta of the Dynasty game

Dynasty offers a unique gaming experience with account-based smart wallets, subsidized free daily transactions, and a next-gen matchmaking system. Blocklords is a player-driven MMO with GameFi activities. Users can get access via invite code - DIFFER.

👉 twitter.com/BLOCKLORDS/status/1800909874462900423