Hyperbolic announced the closure of $12 million Series A funding round
Variant and Polychain Capital led the Series A round with participation from Chapter One, Lightspeed Faction, Bankless, GSR, IOSG, Vertex, Wintermute, Alumni, and Ambush Capital. Hyperbolic is building an open-access cloud platform for AI development.
👉 cointime.ai/flash-news/web3-ai-cloud-startup-hyperbolic-completes-98427
Variant and Polychain Capital led the Series A round with participation from Chapter One, Lightspeed Faction, Bankless, GSR, IOSG, Vertex, Wintermute, Alumni, and Ambush Capital. Hyperbolic is building an open-access cloud platform for AI development.
👉 cointime.ai/flash-news/web3-ai-cloud-startup-hyperbolic-completes-98427
Magic Eden (ME) will hold its initial listing on multiple exchanges today, at 2:00 PM UTC
The ME trading goes live on Binance, OKX, Bybit, KuCoin, Gate, MEXC, and Bitget at 2:00 PM UTC. ME is live on Pre-Markets with an average price of $6.5. Initial circulating supply is 125 million ME.
Magic Eden is a multi-chain NFT marketplace with $160 million in fundraising from Paradigm, Sequoia Capital, Solana Ventures, Electric Capital, and Lightspeed Venture.
👉 x.com/binance/status/1866385881839403410
The ME trading goes live on Binance, OKX, Bybit, KuCoin, Gate, MEXC, and Bitget at 2:00 PM UTC. ME is live on Pre-Markets with an average price of $6.5. Initial circulating supply is 125 million ME.
Magic Eden is a multi-chain NFT marketplace with $160 million in fundraising from Paradigm, Sequoia Capital, Solana Ventures, Electric Capital, and Lightspeed Venture.
👉 x.com/binance/status/1866385881839403410
Fuel introduced its native token for its L2 developer network
The FUEL token will have a 10 billion supply and be issued as an Ethereum Mainnet ERC-20 token. Fuel's Ignition Network leverages its virtual machine architecture - FuelVM, uses a new Rust-based programming language Sway, and UTXO transaction output model.
👉 theblock.co/post/330065/ethereum-rollup-fuel-token
The FUEL token will have a 10 billion supply and be issued as an Ethereum Mainnet ERC-20 token. Fuel's Ignition Network leverages its virtual machine architecture - FuelVM, uses a new Rust-based programming language Sway, and UTXO transaction output model.
👉 theblock.co/post/330065/ethereum-rollup-fuel-token
Sonic Labs (FTM) DeFi Ecosystem Overview
The Sonic Labs ecosystem reached a total TVL of $278M, with a 10.8% growth in the last 30 days. Leading the ecosystem are Beethoven X ($51.5M), Equalizer ($36.5M), SpookySwap ($26.7M).
The Sonic Labs ecosystem reached a total TVL of $278M, with a 10.8% growth in the last 30 days. Leading the ecosystem are Beethoven X ($51.5M), Equalizer ($36.5M), SpookySwap ($26.7M).
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $3.65T (-0.89%)
BTC Price: $97,971 (+0.59%)
BTC Dominance: 53.1% (+0.20%)
Fear & Greed Index: 74 (Greed)
Total Value Locked: $208B (+0.48%)
Total Market Capitalization: $3.65T (-0.89%)
BTC Price: $97,971 (+0.59%)
BTC Dominance: 53.1% (+0.20%)
Fear & Greed Index: 74 (Greed)
Total Value Locked: $208B (+0.48%)
Beam Foundation announced the launch of Beam Ventures
Beam Ventures is a $150 million fund focused exclusively on gaming, aiming to accelerate and contribute to Abu Dhabi’s transformation into a global gaming hub. Beam is an open-source blockchain specialized for gaming developed by Merit Circle.
👉 venturebeat.com/game-development/beam-ventures-launches-150m-fund-to-make-abu-dhabi-into-a-global-gaming-hub/
Beam Ventures is a $150 million fund focused exclusively on gaming, aiming to accelerate and contribute to Abu Dhabi’s transformation into a global gaming hub. Beam is an open-source blockchain specialized for gaming developed by Merit Circle.
👉 venturebeat.com/game-development/beam-ventures-launches-150m-fund-to-make-abu-dhabi-into-a-global-gaming-hub/
❗️Dear community, CryptoDiffer will hold an AMA with YOUR AI on December 12th at 10:00 AM UTC in the CryptoDiffer Telegram Chat!
The reward pool for the best questions is $200 USDT!
(Questions from previous AMAs are strictly forbidden and people will be disqualified from participating in the reward distribution.)
CHAT 🗣 https://www.tgoop.com/joinchat-Brbs51k5cWoRBKtsgmb6Ew
The reward pool for the best questions is $200 USDT!
(Questions from previous AMAs are strictly forbidden and people will be disqualified from participating in the reward distribution.)
CHAT 🗣 https://www.tgoop.com/joinchat-Brbs51k5cWoRBKtsgmb6Ew
Binance teamed up with Circle for global USDC expansion
Binance will make USDC more widely available on the exchange, including more USDC trading pairs, special promotions on USDC, and other stablecoin products. Binance also plans to integrate USDC into its corporate treasury.
👉 binance.com/en/blog/innovation/circle-and-binance-form-a-strategic-partnership-to--accelerate-global-usdc-and-crypto-adoption-8905951797850933210
Binance will make USDC more widely available on the exchange, including more USDC trading pairs, special promotions on USDC, and other stablecoin products. Binance also plans to integrate USDC into its corporate treasury.
👉 binance.com/en/blog/innovation/circle-and-binance-form-a-strategic-partnership-to--accelerate-global-usdc-and-crypto-adoption-8905951797850933210
Crypto-AI startup Exabits raised $15 million in a Seed funding round
Hack VC led the Seed funding, with several other investors also participating. Round brings Exabits total funding to $20M backed by Big Brain Holdings, Protocol Labs, Portal, Outlier Ventures, Taisu, and IoTeX. The round brought Exabits valuation to $150M.
👉 theblock.co/post/330219/crypto-ai-startup-exabits-funding-valuation
Hack VC led the Seed funding, with several other investors also participating. Round brings Exabits total funding to $20M backed by Big Brain Holdings, Protocol Labs, Portal, Outlier Ventures, Taisu, and IoTeX. The round brought Exabits valuation to $150M.
👉 theblock.co/post/330219/crypto-ai-startup-exabits-funding-valuation
Binance Labs has invested in Perena, the first stablecoin infrastructure protocol on Solana
Perena enables users to mint stablecoins, gain exposure to tokenized RWA yield, and access custom risk-reward profiles via a tranched collateralized debt position (CDP) system.
Perena recently launched Numeraire, a multi-token extensible stableswap that doesn’t require active concentrated liquidity market maker (CLMM) management, significantly lowering capital requirements for new stablecoin launches.
👉 x.com/BinanceLabs/status/1866845495257403596
Perena enables users to mint stablecoins, gain exposure to tokenized RWA yield, and access custom risk-reward profiles via a tranched collateralized debt position (CDP) system.
Perena recently launched Numeraire, a multi-token extensible stableswap that doesn’t require active concentrated liquidity market maker (CLMM) management, significantly lowering capital requirements for new stablecoin launches.
👉 x.com/BinanceLabs/status/1866845495257403596
Crypto Events Recap, December 10-11
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-december-10-11-2024
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-december-10-11-2024
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $3.81T (+2.93%)
BTC Price: $100,682 (+2.69%)
BTC Dominance: 52.3% (-0.80%)
Fear & Greed Index: 83 (Extreme Greed)
Total Value Locked: $223B (+6.41%)
Total Market Capitalization: $3.81T (+2.93%)
BTC Price: $100,682 (+2.69%)
BTC Dominance: 52.3% (-0.80%)
Fear & Greed Index: 83 (Extreme Greed)
Total Value Locked: $223B (+6.41%)
Ringfence (RFAI) launched the Data Agent Public Sale
Users can now purchase Data Agents in a Tiered format, starting at $350. For the first 500 purchased Agents, participants will receive one for free. Data Agents are agentic workforce deployed on a network with daily protocol rewards for owners.
👉 agents.ringfence.org
Users can now purchase Data Agents in a Tiered format, starting at $350. For the first 500 purchased Agents, participants will receive one for free. Data Agents are agentic workforce deployed on a network with daily protocol rewards for owners.
👉 agents.ringfence.org
Push Protocol to launch of its L1 chain focused on chain abstraction
Key features of the Push blockchain will include wallet and gas fee abstraction, sharding, and sub-one-second transaction finality. The first phase of the Initial Testnet is scheduled for mid-January 2025, with the Mainnet following later that year.
👉 theblock.co/post/330507/protocol-push-layer-1
Key features of the Push blockchain will include wallet and gas fee abstraction, sharding, and sub-one-second transaction finality. The first phase of the Initial Testnet is scheduled for mid-January 2025, with the Mainnet following later that year.
👉 theblock.co/post/330507/protocol-push-layer-1
Avalanche raised $250M in private sales led by Galaxy, Dragonfly, and ParaFi
The capital influx follows the Avalanche9000 Testnet launch, the key milestone before the major Mainnet upgrade, which will reduce Avalanche L1 deployment costs by 99.9%. Chorus One, Big Brain Holdings, SkyBridge, Hivemind, and others also participated.
👉 x.com/avax/status/1867199983721529659
The capital influx follows the Avalanche9000 Testnet launch, the key milestone before the major Mainnet upgrade, which will reduce Avalanche L1 deployment costs by 99.9%. Chorus One, Big Brain Holdings, SkyBridge, Hivemind, and others also participated.
👉 x.com/avax/status/1867199983721529659
Clearpool (CPOOL) launched an Ozean L2 Poseidon Testnet
The Poseidon provides developers a risk-free environment to explore and contribute to Ozean protocol. Users can now interact with USDX as a native gas token and protocol stablecoin, ozUSD as a yield-bearing stablecoin, wozUSD as a wrapped version of ozUSD.
👉 clearpool.medium.com/ozeans-poseidon-testnet-is-live-b759779b46e5
The Poseidon provides developers a risk-free environment to explore and contribute to Ozean protocol. Users can now interact with USDX as a native gas token and protocol stablecoin, ozUSD as a yield-bearing stablecoin, wozUSD as a wrapped version of ozUSD.
👉 clearpool.medium.com/ozeans-poseidon-testnet-is-live-b759779b46e5
Top NFT Collections by Market Cap Growth in the last 30 days
NFT Collection Market cap equals the floor price multiplied by the total number of NFTs in the collection. Market Cap growth signifies the increase of either its floor price or the number of NFTs.
NFT Collection Market cap equals the floor price multiplied by the total number of NFTs in the collection. Market Cap growth signifies the increase of either its floor price or the number of NFTs.
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $3.77T (-1.27%)
BTC Price: $100,303 (-0.31%)
BTC Dominance: 52.6% (+0.30%)
Fear & Greed Index: 76 (Extreme Greed)
Total Value Locked: $220B (-1.19%)
Total Market Capitalization: $3.77T (-1.27%)
BTC Price: $100,303 (-0.31%)
BTC Dominance: 52.6% (+0.30%)
Fear & Greed Index: 76 (Extreme Greed)
Total Value Locked: $220B (-1.19%)
Vana (VANA) will be the 62nd project on Binance Launchpool!
Users will be able to stake BNB and FDUSD tokens into separate pools to farm VANA tokens over 2 days, with farming starting on Dec 14th at 00:00 UTC. Launchpool Hard Cap is 4.8M VANA (4% of supply). Vana is the network designed for private, user-owned data.
👉 binance.com/en/support/announcement/introducing-vana
Users will be able to stake BNB and FDUSD tokens into separate pools to farm VANA tokens over 2 days, with farming starting on Dec 14th at 00:00 UTC. Launchpool Hard Cap is 4.8M VANA (4% of supply). Vana is the network designed for private, user-owned data.
👉 binance.com/en/support/announcement/introducing-vana
Velodrome (VELODROME) to be listed on Binance today, on Dec 13th, 14:00 UTC
Users can now start depositing VELODROME in preparation for trading. Velodrome Finance is a decentralized exchange (DEX) and liquidity hub built on Optimism network.
👉 binance.com/en/support/announcement/binance-will-list-velo
Users can now start depositing VELODROME in preparation for trading. Velodrome Finance is a decentralized exchange (DEX) and liquidity hub built on Optimism network.
👉 binance.com/en/support/announcement/binance-will-list-velo
