Binance Labs-incubated UXUY has raised $7M in a Pre-A funding round
UXUY, a decentralized multi-chain trading platform, has secured $7M in a Pre-A funding round. Investors in the round include Binance Labs, UTXO Management, JDI Ventures, Bixin Ventures, SWC Global, Matrix Partners, CMS Holdings, Dewhales Capital, Comma3 Ventures, Satoshi Labs, GBV Capital, Web3Vision, Pentos Ventures, NGC Ventures, GSR and others.
UXUY is a decentralized multi-chain trading platform dedicated to providing users with a seamless trading experience across various blockchain networks. Previously, UXUY has secured $3.2M in a seed funding round backed by Kucoin Ventures, Bixin Ventures and others. Moreover, it has participated in Season 6 of the Binance Labs Incubation Program.
🔗 globenewswire.com/news-release/2024/05/09/2878722/0/en/Binance-Labs-Incubated-UXUY-Secures-7M-Pre-A-Round-Fundraising-Surpasses-10-Million-Total-Funding-Milestone
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UXUY, a decentralized multi-chain trading platform, has secured $7M in a Pre-A funding round. Investors in the round include Binance Labs, UTXO Management, JDI Ventures, Bixin Ventures, SWC Global, Matrix Partners, CMS Holdings, Dewhales Capital, Comma3 Ventures, Satoshi Labs, GBV Capital, Web3Vision, Pentos Ventures, NGC Ventures, GSR and others.
UXUY is a decentralized multi-chain trading platform dedicated to providing users with a seamless trading experience across various blockchain networks. Previously, UXUY has secured $3.2M in a seed funding round backed by Kucoin Ventures, Bixin Ventures and others. Moreover, it has participated in Season 6 of the Binance Labs Incubation Program.
🔗 globenewswire.com/news-release/2024/05/09/2878722/0/en/Binance-Labs-Incubated-UXUY-Secures-7M-Pre-A-Round-Fundraising-Surpasses-10-Million-Total-Funding-Milestone
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Top Blockchains by Number of Transactions in last 7 days
Let’s compare the top blockchains by number of transactions registered on-chain and average daily active addresses in last 7 days, according to Artemis.xyz, in order to evaluate their current adoption and performance.
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Let’s compare the top blockchains by number of transactions registered on-chain and average daily active addresses in last 7 days, according to Artemis.xyz, in order to evaluate their current adoption and performance.
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Imaginary Ones [BUBBLE] will conduct an initial listing on Bybit on May 14th
Imaginary Ones $BUBBLE will be initially listed on Bybit on May 14th, at 10:00 AM UTC. $BUBBLE is the utility token driving the Imaginary World, used for gaming, merchandise, and content. Holders of Imaginary Ones, Imaginary Rides, Hugo X IO, and Cmttat Foundation NFTs will be avaible to claim $BUBBLE tokens as airdrop rewards.
Imaginary Ones is a vibrant NFT collection featuring 8,888 animated 3D characters on the Ethereum network. Previously, it has closed two funding rounds backed by Animoca Brands, NxGen, Andromeda Capital, Illuminati Capital and others.
🔗 twitter.com/Imaginary_Ones/status/1788541008570990702
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Imaginary Ones $BUBBLE will be initially listed on Bybit on May 14th, at 10:00 AM UTC. $BUBBLE is the utility token driving the Imaginary World, used for gaming, merchandise, and content. Holders of Imaginary Ones, Imaginary Rides, Hugo X IO, and Cmttat Foundation NFTs will be avaible to claim $BUBBLE tokens as airdrop rewards.
Imaginary Ones is a vibrant NFT collection featuring 8,888 animated 3D characters on the Ethereum network. Previously, it has closed two funding rounds backed by Animoca Brands, NxGen, Andromeda Capital, Illuminati Capital and others.
🔗 twitter.com/Imaginary_Ones/status/1788541008570990702
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Bladerite has raised $12M in a Seed funding round backed by Hashkey and Solana Foundation
Seeds Labs, the developer of the Web3 game Bladerite, has secured $12M in a seed funding round. Investors in the round include Blizzard Fund, Solana Foundation, Krust, Hashkey Capital, UOB Ventures, Signum Capital, IVC, and Emoote. Bladerite merges the elements of MOBA and Battle Royale gaming with blockchain technology. Bladerite launched its beta version this year and already attracted over 100K users worldwide.
🔗 cointelegraph.com/press-releases/bladerite-game-developer-seeds-labs-raises-12m-seed-funding-strategically-building-on-solana
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Seeds Labs, the developer of the Web3 game Bladerite, has secured $12M in a seed funding round. Investors in the round include Blizzard Fund, Solana Foundation, Krust, Hashkey Capital, UOB Ventures, Signum Capital, IVC, and Emoote. Bladerite merges the elements of MOBA and Battle Royale gaming with blockchain technology. Bladerite launched its beta version this year and already attracted over 100K users worldwide.
🔗 cointelegraph.com/press-releases/bladerite-game-developer-seeds-labs-raises-12m-seed-funding-strategically-building-on-solana
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XION is integrating Chain Abstraction to Saga [SAGA] Chainlets
XION partners with Saga $SAGA to bring Chain Abstraction across Saga’s ecosystem of chainlets. By leveraging XION's Generalized Abstraction, the integration will enable ease of user onboarding across ecosystems through familiar Web2 methods and across all devices, unlock seamless ecosystem interoperability, and facilitate application composability.
XION, built by Burnt, is an L1 chain purpose-built for consumer adoption. Burnt has raised $36M in three funding rounds (last at a $500M valuation) backed by Multicoin Capital, Animoca Brands, Sfermion, HashKey Capital, Arrington Capital, Circle Ventures and others.
🔗 xion.burnt.com/blog/xion-powering-chain-abstraction-to-saga-chainlets
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XION partners with Saga $SAGA to bring Chain Abstraction across Saga’s ecosystem of chainlets. By leveraging XION's Generalized Abstraction, the integration will enable ease of user onboarding across ecosystems through familiar Web2 methods and across all devices, unlock seamless ecosystem interoperability, and facilitate application composability.
XION, built by Burnt, is an L1 chain purpose-built for consumer adoption. Burnt has raised $36M in three funding rounds (last at a $500M valuation) backed by Multicoin Capital, Animoca Brands, Sfermion, HashKey Capital, Arrington Capital, Circle Ventures and others.
🔗 xion.burnt.com/blog/xion-powering-chain-abstraction-to-saga-chainlets
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Top 10 Protocols on zkSync Era by Total Value Locked
Let’s compare the top 10 DeFi-protocols on zkSync Era L2 by current TVL in USD, according to DefiLlama.com, in order to evaluate networks adoption scale. With over $49M in TVL, SyncSwap is the leader by locked liquidity, followed by Koi Finance, ZeroLend and others.
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Let’s compare the top 10 DeFi-protocols on zkSync Era L2 by current TVL in USD, according to DefiLlama.com, in order to evaluate networks adoption scale. With over $49M in TVL, SyncSwap is the leader by locked liquidity, followed by Koi Finance, ZeroLend and others.
Top 7 ICO socials: Telegram | Chat | X
Arch has raised $7M in a Seed funding round led by Multicoin Capital
Arch has secured $7M in a Seed funding round led by Multicoin Capital. Other investors in the round include Portal Ventures, OKX Ventures, Big Brain Holdings, CMS Holdings, Cypher Capital, ABCDE, Newman Capital and Tangent. Arch built a Bitcoin-native application platform, bringing "bridgeless" trading directly to the Bitcoin blockchain. Arch rollout is a public devnet in the coming weeks, followed by its mainnet launch sometime in the second half of this year.
🔗 twitter.com/ArchNtwrk/status/1788605929765945799
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Arch has secured $7M in a Seed funding round led by Multicoin Capital. Other investors in the round include Portal Ventures, OKX Ventures, Big Brain Holdings, CMS Holdings, Cypher Capital, ABCDE, Newman Capital and Tangent. Arch built a Bitcoin-native application platform, bringing "bridgeless" trading directly to the Bitcoin blockchain. Arch rollout is a public devnet in the coming weeks, followed by its mainnet launch sometime in the second half of this year.
🔗 twitter.com/ArchNtwrk/status/1788605929765945799
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Persistence has launched XPRT Liquid Staking on pStake
Persistence launches $XPRT liquid staking on pStake. $XRPT holders can now liquid-stake their XPRT to mint stkXPRT on pSTAKE and convert staked XPRT into a stkXPRT/XPRT LP position on Dexter using Superfluid LP. Moreover, stkXPRT holders will earn rewards, and retain liquidity of their assets to use elsewhere in DeFi.
Persistence is a cosmos app chain for liquid staking and restaking that aims to offer a one-stop shop for liquid staking for PoS users and enable developers to build innovative applications around LSTs. Current $XPRT price is $0.23. Current FDV is $49.1M.
🔗 blog.persistence.one/2024/05/09/xprt-liquid-staking-is-now-live-with-stkxprt
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Persistence launches $XPRT liquid staking on pStake. $XRPT holders can now liquid-stake their XPRT to mint stkXPRT on pSTAKE and convert staked XPRT into a stkXPRT/XPRT LP position on Dexter using Superfluid LP. Moreover, stkXPRT holders will earn rewards, and retain liquidity of their assets to use elsewhere in DeFi.
Persistence is a cosmos app chain for liquid staking and restaking that aims to offer a one-stop shop for liquid staking for PoS users and enable developers to build innovative applications around LSTs. Current $XPRT price is $0.23. Current FDV is $49.1M.
🔗 blog.persistence.one/2024/05/09/xprt-liquid-staking-is-now-live-with-stkxprt
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Top 7 Crypto Fundraising Rounds of the Week
Let’s take a look at the top 7 biggest private crypto fundraising rounds completed in the previous week, backed by crypto venture investors including Dragonfly, Founders Fund, Hashkey Capital, Animoca Brands, Polychain Capital and others.
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Let’s take a look at the top 7 biggest private crypto fundraising rounds completed in the previous week, backed by crypto venture investors including Dragonfly, Founders Fund, Hashkey Capital, Animoca Brands, Polychain Capital and others.
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Top Upcoming Events of the Next Week
We compiled a list of top important upcoming events of the next week (May 13th - May 19th) among blockchain projects, including BounceBit $BB, NuLink $NLK, KIP Protocol $KIP, CARV $CARV, Notcoin $NOT, Imaginary Ones $BUBBLE, Victoria VR $VR, MixMob $MXM, LifeForm $LFT, zkLink $ZKL, ZeroLend $ZERO, and peaq $PEAQ. Stay tuned!
We compiled a list of top important upcoming events of the next week (May 13th - May 19th) among blockchain projects, including BounceBit $BB, NuLink $NLK, KIP Protocol $KIP, CARV $CARV, Notcoin $NOT, Imaginary Ones $BUBBLE, Victoria VR $VR, MixMob $MXM, LifeForm $LFT, zkLink $ZKL, ZeroLend $ZERO, and peaq $PEAQ. Stay tuned!
Cross The Ages [CTA] farming will be launched on Bybit Launchpool on May 15th
Farming of $CTA tokens will be launched on Bybit Launchpool. Users will be able to stake their $CTA, $MNT or $USDT tokens into separate pools to farm $CTA starting May 15th, 8:00 AM UTC. 5M $CTA will be offered on Launchpool. Moreover, Cross The Ages launched a startup pool event on Gate with 260K $CTA as a reward.
Cross the Ages is a trading card game built on the Immutable X blockchain that features digital cards as NFT. In 2022, it raised $12M in a seed funding round backed by Animoca Brands, Morningstar Ventures, Polygon Ventures and others. Previously, Cross The Ages launched $CTA farming on KuCoin BurningDrop.
🔗 announcements.bybit.com/en/article/bybit-launchpool-stake-cta-usdt-or-mnt-to-earn-a-share-of-5-000-000-cta--blt8d936d67d7ab3607
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Farming of $CTA tokens will be launched on Bybit Launchpool. Users will be able to stake their $CTA, $MNT or $USDT tokens into separate pools to farm $CTA starting May 15th, 8:00 AM UTC. 5M $CTA will be offered on Launchpool. Moreover, Cross The Ages launched a startup pool event on Gate with 260K $CTA as a reward.
Cross the Ages is a trading card game built on the Immutable X blockchain that features digital cards as NFT. In 2022, it raised $12M in a seed funding round backed by Animoca Brands, Morningstar Ventures, Polygon Ventures and others. Previously, Cross The Ages launched $CTA farming on KuCoin BurningDrop.
🔗 announcements.bybit.com/en/article/bybit-launchpool-stake-cta-usdt-or-mnt-to-earn-a-share-of-5-000-000-cta--blt8d936d67d7ab3607
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BridgeM [BDGM] has launched Bonanza Airdrop campaign
BridgeM $BDGM has rolled out the Bonanza airdrop campaign with vBDGM points as rewards. Users can now participate in the campaign by completing social tasks to receive points (which will be converted into $BDGM tokens on TGE). $BDGM TGE is expected in early June. Previously, BridgeM launched a public sale IDO event. Total IDO hardcap is $800K. IDO price is $0.0008.
Backed by Poolz Ventures, BridgeM builds a decentralized interoperability protocol powered by Manta Network and Merlin Chain, that seamlessly connects Ethereum Layer 2 and Bitcoin Layer 2 networks. $BDGM is the governance and equity token for BridgeM, offering benefits such as fee dividends, $BDGM staking, and cross-chain restaking among others.
🔗 medium.com/@BridgeM_io/details-of-bridgem-airdrop-bonanza-a0a78079a186
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BridgeM $BDGM has rolled out the Bonanza airdrop campaign with vBDGM points as rewards. Users can now participate in the campaign by completing social tasks to receive points (which will be converted into $BDGM tokens on TGE). $BDGM TGE is expected in early June. Previously, BridgeM launched a public sale IDO event. Total IDO hardcap is $800K. IDO price is $0.0008.
Backed by Poolz Ventures, BridgeM builds a decentralized interoperability protocol powered by Manta Network and Merlin Chain, that seamlessly connects Ethereum Layer 2 and Bitcoin Layer 2 networks. $BDGM is the governance and equity token for BridgeM, offering benefits such as fee dividends, $BDGM staking, and cross-chain restaking among others.
🔗 medium.com/@BridgeM_io/details-of-bridgem-airdrop-bonanza-a0a78079a186
Top 7 ICO socials: Telegram | Chat | X
Zest Protocol has raised $3.5M in a Seed funding round backed by Binance Labs
Zest Protocol has secured $3.5M in a seed funding round led by Draper Associates. Other investors in the round include Binance Labs, Flow Traders, Asymmetric, Gravity Fund, DeSpread, Hyperithm, Elixir Capital and Trust Machines. Zest Protocol utilizes the Nakamoto upgrade by Bitcoin layer 2 Stacks and bridging asset sBTC to create a lending experience fully native to the world's largest blockchain network. Users will be able to use sBTC to send Bitcoin to fund their balance on Zest Protocol and afterwards engage in lending or other yield-generating activities.
🔗 twitter.com/ZestProtocol/status/1790015192904212549
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Zest Protocol has secured $3.5M in a seed funding round led by Draper Associates. Other investors in the round include Binance Labs, Flow Traders, Asymmetric, Gravity Fund, DeSpread, Hyperithm, Elixir Capital and Trust Machines. Zest Protocol utilizes the Nakamoto upgrade by Bitcoin layer 2 Stacks and bridging asset sBTC to create a lending experience fully native to the world's largest blockchain network. Users will be able to use sBTC to send Bitcoin to fund their balance on Zest Protocol and afterwards engage in lending or other yield-generating activities.
🔗 twitter.com/ZestProtocol/status/1790015192904212549
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Top 7 Biggest Token Unlocks in the Next 7 Days
Monitoring of vested tokens and future unlock events is an important step to make more cautious and, in the end, better trading decisions. Let’s take a look at this and some other biggest unlocks coming in the next 7 days, including $ARB, $STRK, $SEI, $UNI, $MERL, $IMX and $MANTA according to CryptoRank.io.
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Monitoring of vested tokens and future unlock events is an important step to make more cautious and, in the end, better trading decisions. Let’s take a look at this and some other biggest unlocks coming in the next 7 days, including $ARB, $STRK, $SEI, $UNI, $MERL, $IMX and $MANTA according to CryptoRank.io.
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Top 10 Ethereum LSDs by Total Value Locked
Recently, for the first time, liquid staking derivatives have surpassed DEXes in total value locked, according to DefiLlama.com. Regarding $ETH LSDs, Lido (stETH) is still the top liquid staking protocol with $27.7B of TVL. Rocket Pool (rETH) is the second with $3.4B locked, and Binance staked ETH (bETH) is the third with $2.65B.
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Recently, for the first time, liquid staking derivatives have surpassed DEXes in total value locked, according to DefiLlama.com. Regarding $ETH LSDs, Lido (stETH) is still the top liquid staking protocol with $27.7B of TVL. Rocket Pool (rETH) is the second with $3.4B locked, and Binance staked ETH (bETH) is the third with $2.65B.
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