Top 7 Crypto | Analytics & Alpha
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Daily analytics on what moves crypto โ€“ capital flows, trends, TGEs and airdrops, funding rounds, upcoming protocols, token unlocks.

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Plume Network has announced an integration with OKX Wallet

Plume Network has integrated OKX Web3 Wallet $OKT. Through this partnership, Plume Network will enable OKX Wallet users to invest in RWAs, bridging crypto assets to the real world from Web3, all through the OKX Wallet web extension. Previously, Plume Network introduced its ecosystem with over 45 projects deployed on private testnet.

Plume Network is a modular Layer 2 solution specifically designed for real world assets (RWA) projects, featuring built-in tokenization, compliance integrations, and on-chain arbitration for capital protection.

๐Ÿ”— twitter.com/plumenetwork/status/1762180798088942003

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BounceBit has announced a partnership with BlockVision

BounceBit, a $BTC restaking infrastructure, teams up with BlockVision, a Move and EVM ecosystems infrastructure provider. Through this partnership, projects will build the BBScan explorer and offer node, validator, and indexing services. Previously, BounceBit has launched Premium Yield Generation to all early-access users.

BounceBit is a EVM-compatible Layer 1 dual-token $BTC staking chain, secured by validators staking both Bitcoin and BounceBitโ€™s native token (yet to be released). BounceBit is backed by Blockchain Capital (a lead investor in EigenLayer Series A round), Breyer Capital, Ceffu and Mainnet Digital, and has already reached over $501M in TVL.

To join Early access phase and Points Paradise program, users need to have invite codes โ€“ you can request codes in our community chat.


๐Ÿ”— twitter.com/bounce_bit/status/1761955748379292157

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QED has raised $3M in a funding round led by Arrington Capital

QED, a zk-Native blockchain protocol for Bitcoin ecosystem, has secured $3M in a funding round led by Arrington Capital. Other investors include Starkware, Draper Dragon, Blockchain Builders Fund, Lbk Labs, Paper Ventures, Valhalla Capital, Edessa Capital and Anagram. QED is a Bitcoin's native execution layer, which combines the scalability of zero-knowledge (ZK) proofs with the liquidity and security of Bitcoin, to empower more apps for $BTC.

๐Ÿ”— news.bitcoin.com/qed-secures-3-million-in-funding-to-propel-fully-trustless-zero-knowledge-applications-across-the-bitcoin-ecosystem

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AIT Protocol has burned another 14% of AIT total supply worth around $111M

AIT Protocol $AIT has burned another 140M $AIT tokens (14% of total supply) worth around $111M. This move follows AIT's previous burn of 160M $AIT and brings $AIT's total burned amount to 300M (30% of total supply). Recently, protocol announced the start of weekly burns of 2.5M $AIT for the next 15 months. Meanwhile, AIT had allocated 30% of total token supply to support the old train-to-earn model, with these tokens set to vest daily over the forthcoming 15 months.

AIT Protocol, incubated by PAAL AI $PAAL, is a Web3 data platform specializing in data annotations and AI model training, using blockchain technology to create a decentralized labour market. Current $AIT price is $0.79. Fully diluted market cap is $797M.

๐Ÿ”— twitter.com/AITProtocol/status/1762131722060058768

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Binance Labs invests in Bitcoin staking protocol Babylon

Binance Labs $BNB has invested in Babylon, a Bitcoin $BTC staking protocol. Babylon allows users to stake bitcoins for PoS blockchains and earn yields without any third-party custody, bridge solutions or wrapping services. It provides slashable economic security guarantees to the PoS chains while ensuring efficient stake unbonding to enhance liquidity for Bitcoin holders.

Previously, Babylon raised $26M in two funding rounds backed by Polychain Capital, Breyer Capital, Hack VC, OKX Ventures, Polygon Ventures and others.

๐Ÿ”— binance.com/en/blog/ecosystem/binance-labs-invests-in-babylon-to--support-the-advancement-of-bitcoin-staking-7487814519531776320

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Outlanders [LAND] has launched a Private Sale via Satoshi Gaming Club

Outlanders Saga $LAND rolled out its private sale via Satoshi Gaming Club by Nakamoto Games that will last until March 1st. Private sale hard cap is $3.85M. Private sale price is $0.011. $NAKA holders will be able to invest up to $50k, depending on the amount of $NAKA owned. Current $NAKA price is $2.01. Fully diluted market cap is $362M.

Outlanders is an MMORPG that combines GameFi and Move2Earn, built with Unity and WebGL. Previously, it announced the launch of its game and $LAND token in Q1 2024.

๐Ÿ”— twitter.com/PlayOutlanders/status/1762151296084185154

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Ponder has announced a partnership with Swing

Ponder teams up with Swing $SWING, a decentralized cross-chain crypto liquidity protocol. Through this partnership, projects will work to improve liquidity for lending and borrowing services on Ponder.

Ponder builds a solution providing a fully integrated comparison tool for crypto-based operations. Ponder unites EVM and non-EVM blockchain types with a universal framework to tackle liquidity fragmentation.

๐Ÿ”— twitter.com/Ponder_One/status/1762457920166367547

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Initia has raised $7.5M in seed funding round co-led by Delphi Ventures and Hack VC

Initia has secured $7.5M in seed funding round co-led by Delphi Ventures and Hack VC. Other investors include Nascent, Figment Capital, Big Brain and a_capital. Initia is currently live on a closed testnet. The project will launch its mainnet, tentatively set for Q2 2024.

Initia is a Layer 1 network on Cosmos $ATOM with customizable Optimistic rollups for application developers to easily launch their L2. Previously, it has received investment from Binance Labs $BNB.

๐Ÿ”— twitter.com/initiafdn/status/1762478470075183371

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Aether Games has announced AEG token launch on March 7th

Aether Games $AEG to conduct TGE on March 7th. Previously, Aether Games conducted its strategic sale on Avalaunch $XAVA and announced token sale on Ignition $PAID, ChainGPT Pad $CGPT and Polkastarter $POLS.

Aether Games is a game development studio that creates games within the crypto and NFT realm. It raised $4.5M in a funding round backed by Polygon Ventures, Mysten Labs, Master Ventures, GSR, Polkastarter, Cogitent Ventures and others.

๐Ÿ”— twitter.com/AetherGamesInc/status/1762467075488952618

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Top Exchanges by Liquidations in last 7 days

The vast majority of the casualties were long positions last days, with more than $1.19B liquidated in total. Letโ€™s take a look at the top exchanges by liquidations of longs and shorts within last week, according to Coinglass.com.

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Arweave [AR] releases testnet of scalable blockchain network for AI and social media - Arweave AO

Arweave $AR released the public testnet for Arweave AO, a scalable blockchain network built on its data storage platform designed for social media. Arweave AO is designed to be a scalable network that can support all sorts of smart contracts and blockchain protocols. Moreover, it could support storing large amounts of data, such as AI models.

The core idea is that Arweave AO splits up the three main parts of running a blockchain into separate components that can talk to one another and execute a high number of transactions, all at the same time. Current $AR price is $16.1. Fully diluted market cap is $1.06B.

๐Ÿ”— theblock.co/post/279215/arweave-releases-testnet-for-absurdly-scalable-compute-layer-designed-for-social-media-ai

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Apeiron [APRS] will launch PvP Closed Beta on Epic Games Store tomorrow, on February 28th

Apeiron $APRS has announced the launch of its closed PvP Beta on the Epic Games Store that will take place tomorrow, on February 28th. Users will be able to earn airdrop points by competing in the leaderboards and collecting the in-game souls that will be converted into the airdrop points at the 4:1 ratio.

Apeiron is the NFT-based P2E game, that features God Game and RPG battle modes through which you can collect, trade, and battle with unique digital assets. It raised $13.5M in two funding rounds Hashed Fund, Spartan Group, Morningstar Ventures, DeFiance Capital and others.

๐Ÿ”— twitter.com/ApeironNFT/status/1761919132067315747

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Karak has raised $48M in a Series A funding round backed by Lightspeed and others

Karak has secured $48M in a Series A funding round at a $1B valuation. ะ†nvestors in the round include Lightspeed, Mubadala Capital, Bain Capital, Pantera Capital, Framework and DะกG. Karak is the risk management Layer 2 blockchain with restaking, AI, and a new generation of secure applications. Moreover, Karak released its Early Access program where users can bridge assets to earn XP.

To join Early access phase and start earning XP, users need to have invite codes โ€“ you can request codes in our community chat.


๐Ÿ”— twitter.com/karak_network/status/1762561635678597335

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Blockchain social platform Lens has announced a public release

Lens Protocol has moved to a permissionless phase, now enabling all users to participate in the network by creating an on-chain NFT for their profile. This change allows anyone to create their profiles for a fee of 10 $MATIC tokens or to pay a similar amount with a credit card, facilitating their entry into the platform. Previously, Aave has launched Lens V2 on Polygon.

Lens Protocol, built by Aave, is a social graph that offers a software stack to build decentralized competitors to social media giants. It has raised $15M in a funding round backed by IDEO CoLab Ventures, General Catalyst, Variant, Blockchain Capital, Delphi Digital, Fenbushi Capital and others.

๐Ÿ”— theblock.co/post/279335/blockchain-based-social-graph-lens-enters-permissionless-phase

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BTC restaking infrastructure BounceBit will launch Testnet on March 8th

BounceBit will roll out its testnet on March 8th. Users can now register for an account and deposit $100 to claim their BounceClub. Previously, BounceBit has launched Premium Yield Generation to all early-access users.

BounceBit is a EVM-compatible Layer 1 dual-token $BTC staking chain, secured by validators staking both Bitcoin and BounceBitโ€™s native token (yet to be released). BounceBit is backed by Blockchain Capital (a lead investor in EigenLayer Series A round), Breyer Capital, Ceffu and Mainnet Digital, and has already reached over $532M in TVL.

๐Ÿ”— twitter.com/bounce_bit/status/1762767433927217424

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Defispot has announced the integration with Leap Wallet

โ€‹โ€‹
Defispot has integrated Leap Wallet, a crypto wallet for Cosmos-based $ATOM blockchains. Under this integration, users will be able to access any Cosmos blockchain and token through Defispot using Leap Wallet. Previously, Defispot launched SPOT Points Rewards Program.

Defispot is a cross-chain DEX aggregator, that supports 32 different blockchains, more than 520 liquidity sources across various L1 and L2 chains, encompassing 92% of DeFi liquidity.

๐Ÿ”— twitter.com/defispot/status/1760274469065576461

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SatoshiSync [SSNC] has announced a partnership with Ordify

SatoshiSync $SSNC teams up with Ordify, a multi-chain platform that creates a suite of investment products including a launchpad, bridge and wallet. Previously, SatoshiSync has unveiled $SSNC, the native token of its ecosystem. Holders of $SSNC will actively participate in platform governance, wielding voting rights and benefiting.

SatoshiSync builds a permissionless chain-agnostic protocol for inscriptions and BTC L2, simplifying the process of making BTCFi liquid. With easy customization and one-click bridging to ERC20 or any EVM, SatoshiSync aims to establish a decentralized inscription open market creation tool.

๐Ÿ”— twitter.com/SatoshiSync/status/1762115443173498943

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Decentralized lending protocol Morpho announced investment from Pantera Capital

Pantera Capital invests in Morpho, a decentralized lending protocol with over $1B in TVL. The raised amount has not been disclosed yet. Morpho allows various protocols and apps to be built on its base layer, Morpho Blue, which externalizes risk management and allows institutions to integrate it into their risk and compliance management systems.

Previously, it raised $19.35M in two rounds backed by a16z, Variant, Coinbase Ventures Nascent and others.

๐Ÿ”— theblock.co/post/279465/pantera-capital-invests-in-morpho-labs

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QORPO World [QORPO] will conduct initial listing on KuCoin, Uniswap, MEXC and ByBit on February 29th

QORPO World $QORPO will conduct a listing on KuCoin, Uniswap, MEXC and ByBit tomorrow, on February 29th, at 10:00 AM UTC. QORPO World is a Web3 gaming studio behind Citizen Conflict and AneeMate shooters. $QORPO is a multi-purpose token that supports their ecosystem of games, esports, and NFTs. Previously, it announced airdrop farming campaign with 1.45M $QORPO tokens as rewards.

๐Ÿ”— kucoin.com/announcement/en-qorpo-world-qorpo-gets-listed-on-kucoin-world-premiere

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Backpack has raised $17M in a Series A funding round led by Placeholder VC

Backpack has secured $17M in a Series A funding round at a $120M valuation led by Placeholder VC. ะ†nvestors in the round include Wintermute, Robot Ventures, Selini Capital, Hashed and Amber Group. Backpack is a cryptocurrency exchange and multi-chain wallet. In 2022, it raised $20M in a strategic funding round backed by Jump Crypto, Multicoin Capital, Anagram Crypto and others.

๐Ÿ”— bloomberg.com/news/articles/2024-02-28/ftx-alameda-alum-raise-17-million-for-crypto-exchange-backpack

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Liquid restaking protocol ether.fั– has raised $27M in a Series A funding round

ะตther.fั– has raised $27M in a Series A round led by Bullish Capital and CoinFund. Investors in the round include OKX Ventures, Foresight Ventures, Consensys, Arrington, Bankless, Selini Capital, Amber and others. ะตther.fั– is a decentralized, non-custodial delegated Ethereum staking protocol ($1.66B in TVL), with a liquid staking derivative token. Previously, it raised $5.3M in a funding round backed by Chapter One, North Island Ventures, Arrington Capital and others.

๐Ÿ”— twitter.com/ether_fi/status/1762841187356979302

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