ββBinance will offer CyberConnect (CYBER) farming on Binance Launchpool as of August 2. Users will be able to stake their BNB, TUSD and FDUSD into separate pools to farm CYBER tokens over 30 days. 3% (3M CYBER) of the total token supply to be offered on the platform. 2.4M CYBER in rewards (80%) to be offered to BNB stakers, 450K CYBER (15%) to TUSD stakers and 150K CYBER to FDUSD stakers. Binance will list CYBER on August 15, 12:00 (UTC).
ββBinance will offer Sei (SEI) farming on Binance Launchpool as of August 2. Users will be able to stake their BNB, TUSD and FDUSD into separate pools to farm SEI tokens over 30 days. 3% (300M SEI) of the total token supply to be offered on the platform. 240M SEI in rewards (80%) to be offered to BNB stakers, 45M SEI (15%) to TUSD stakers and 15M SEI to FDUSD stakers. Binance will list SEI on August 15, 12:00 (UTC).
ββChainflip will have a token sale on CoinList on August 31. Registration deadline: August 28. 4.5M FLIP (5% of the total supply) to be offered at $1.83 per token at $165M fully diluted valuation. Vesting:100% at TGE. Fundraising goal: $8.2M. Purchase limits: $100- $4000. ββChainflip is building a cross-chain DEX, coordinated through its own application-specific blockchain. This will be the first time when users will be required to top up accounts in order to participate in the sale on CoinList.
ββTop 20 most discussed cryptocurrencies on Twitter in July 2023. In the chart below you can find a share of mentions of each coin among top 150 coins by market cap.
ββWeb traffic to crypto exchanges in July 2023. According to the data from SimilarWeb in July a cumulative web traffic to cryptocurrency exchanges has increased by 14%.
ββMakerDAO will introduce SPK token for its lending protocol Spark. According to the proposal 2B SPK tokens to be distributed over 10 years period to incentivize the usage of Spark Protocol. Total deposits in Spark have increased since the start of the week from $58M to $438M.
ββSome of the recent private fundraising events among blockchain startups you should know about. August 2023, part 1.
ββBlockchain explorer platform DeBank has announced DeBank Chain, a new layer-2 blockchain built on Optimismβs OP Stack. DeBank launched the testnet of its layer-2 network today with plans βto roll out the Mainnet in 2024.β
ββCyberConnect (CYBER) will have a primary listing on August 15. Binanace, MEXC, Gate, Bybit, Bitget and CoinList Pro will enable trading around 12:00 (UTC) on August 15.
ββSei (SEI) will have a primary listing on August 15. Binance, KuCoin, Bitfinex, Upbit, Bithumb, Bybit, Bitget, MEXC and Gate will enable trading around 12:00 (UTC) on August 15.
ββConnext Network will airdrop its token NEXT on September 5. Connext, a cross-chain messaging protocol, has raised a total of $23.5M while the last round valuation was $250M. The startup will be using Tokensoft for distribution. Details TBA on Friday, August 18.
ββBurnt announced the launch of XION public testnet on August 17. Mainnet release is expected later this year. Developer of XION chain has raised $11M to date from Animoca Brands, Circle, Multicoin Capital, Spartan Group and others.
ββScroll announced the launch of Beta Testnet on August 17. Scrollβs testnet on Sepolia will run alongside future Mainnet as the primary testing platform for users and developers. Scroll has raised around $80M to date from Polychain, Sequoia, Bain Capital and others. Mainnet is expected to go live later this year.
ββSome of the recent private fundraising events among blockchain startups you should know about. August 2023, part 2.
ββBitget will implement mandatory KYC for users on September 1. According to the blog post starting from September 1, new users must complete level-one KYC verification to deposit/trade. Registered users must complete KYC before October 1.
Balancer Labs received a report of a critical vulnerability affecting a number of pools. The team was able to mitigate over 80% of these; the remaining funds at risk represent about 4% of Balancer TVL. Users are advised to withdraw affected LPs immediately.
ββ10 blockchain-based projects you can keep an eye on.
ββSolana Pay, a decentralized payment protocol by Solana Labs, has integrated its plug-in with Shopify, allowing millions businesses on its platform to use it for payments. USDC will be the initial payment option for this integration.
ββA list of investors with the most crypto unicorns in their portfolios. Only public available rounds among tradable assets with current valuation above $1B and valuation below $1B during fundraising were analysed. Unicorn is the status of the company with $1B+ valuation.
ββMetaMask has integrated Hashflowβs liquidity into their Swaps feature. DEX traders will have access to optimized swap prices through Hashflowβs request-for-quote model.
Grayscale has won their lawsuit against the SEC regarding their Bitcoin spot ETF. The U.S. District of Columbia Court of Appeals ruled that the Securities and Exchange Commission (SEC) has wrongly rejected an application from crypto asset manager Grayscale Investments to list an exchange-traded fund that tracks the price of bitcoin.