Magic Labs and Polygon join forces to launch Newton, a new cross-chain network! 🚀 Newton promises to make using decentralized applications as easy as surfing the web. With the support of leading Web3 investors, Magic Labs aims to solve the problem of blockchain fragmentation. Expect improved UX and liquidity! 🌐#Web3#Blockchain #Crypto
Vlayer raised $10M in a pre-seed round to create a new data infrastructure on Ethereum! 🚀
- Participants: a16z Crypto, Credo Ventures, BlockTower Capital and angels from the Web3 community. - Goal: development of Solidity 2.0 with Time Travel and Teleport features for integrating real-world data into smart contracts. - Expectation: token launch and mainnet no earlier than 2025.
🔥 News from the world of DeFi! Agni Finance, a DEX on the Mantle network, has reached a record TVL of $171M thanks to the launch of cmETH. 📈
- cmETH launched on October 29, attracting $26M, and the next day — already $55M. - cmETH now accounts for 25% of Agni's TVL, second only to mETH with 57%. - Trading volume is increasing, but still does not reach July's levels.
🚀 In the world of Web3 and NFT, news! Me Protocol has created a rewards platform for brands and games to connect their programs. Now any token can get instant liquidity through Me Protocol. 🎮💰
Wesley believes that blockchain can make rewards universal and easily redeemable. Starbucks tried an NFT program, but it shut down. With Me Protocol, rewards can be used everywhere, even on pizza! 🍕
Ellipsis Labs raised $21 million for its Atlas project! 🚀
- $20 million from Haun Ventures, $1 million from other investors. - Atlas addresses DeFi issues: high fees and inefficient pricing. - The platform operates on Ethereum and Solana, providing low fees and fast transaction processing. - Goal: to compete with traditional finance while maintaining transparency and resistance to censorship.
🚀 The DePIN world is hot again! Glow Labs raised $30 million in a round led by Framework Ventures and Union Square Ventures. 💡 $6.5 million will go towards operational expenses, while $23.5 million will be used to expand solar farms in India. 🌞
Glow rewards farms with GLW tokens for electricity and USDC for carbon credits. This is a new step towards decentralized energy distribution! 🌍
🚀 Axal, a Web3 startup, has launched Axal Autopilot — an autonomous trading platform! It allows for the creation of personalized strategies, including portfolio rebalancing and auto cash-out. 📈
💰 Axal has raised $2.5M in a pre-seed round led by CMT Digital to expand its team.
🔗 The platform supports multi-chain, simplifying the buying and selling of crypto assets.
Franklin Templeton expands its tokenized fund on Base! 🚀
- The first major asset manager on Coinbase’s Base. - The fund is now available on six blockchains, including Avalanche, Arbitrum, Polygon, Aptos, and Stellar. - Layer-2 blockchains on Ethereum make transactions cheaper and faster.
🚀 Spire Labs raised $7 million for the development of Ethereum solutions! 🚀
- Maven 11 Capital and Anagram led the funding round. - Participants: Digital Currency Group, Bankless Ventures, A16z Crypto. - Funds will be used to accelerate the development of Based Stack. - Testnet launch at the end of the year, main launch in 2025.
The future of Web3 and DeFi looks bright! 🌟 #CryptoNews #Ethereum #DeFi
🚀 Taiko, the new L2 based on Ethereum, skyrocketed to $35M TVL in October! 🌐
- In just a week, liquidity tripled, making it the best network in DeFi. - Panko Finance, a DEX launched in October, reached $22M TVL. - TakoTako, the largest lending application, increased TVL to $6.8M.
- Nitro Labs is building Termina, infrastructure for easy deployment of layer-2 networks on Solana. - Termina is suitable for creating dApps: games, trading, DePINs. - More than 20 projects are already using the platform. - Leading investors: Lemniscap, Animoca Ventures, and others. - The testnet is scheduled for the end of the year, and the main launch is set for next year. 🌐
Alien Base, a trading platform on the Base network, has doubled its TVL in a week, reaching $24M! 🚀
- Alien Base is now in the top-20 largest dapps on Base with a record TVL of $3.24B. - The v2 version reached $14M, while v3 reached $10.9M, becoming the main DEX platform. - Major tokens: USDC, WETH, EURC, USDBC, ALB.
81RAVENS raised $4.5M for the development of the blockchain game PARAVOX! 🎮
- Game on Solana, 3v3 shooter, already in Global Open Alpha - 100,000+ downloads on Epic Games Store - The first PGRT tournament with a prize pool of 100 million yen drew half a million viewers
The future of esports and blockchain games looks bright! 🚀
🚀 MIRA DEX on Fuel Ignition hits $6M TVL in days after launch!
- MIRA, a decentralized exchange on Fuel Ignition, recorded $6.2M in deposits on October 19th. - Popular tokens: WETH and USDC (30% each), ezETH and USDT (16.5% each). - Largest pools: ezETH/ETH ($2.4M) and USDC/USDT ($2.2M). - Daily trading volume exceeds $1M, record - $2M.
The future belongs to DeFi and cryptocurrencies! 🌐💰
- Hack VC led an $11M funding round for Gelato, a platform for building scalable blockchains. - Animoca Brands, IOSG Ventures, and Bloccelerate VC also participated. - Kraken Launches Ink Blockchain on Gelato, Set to Release in 2025. - Gelato Aims to Become "AWS for Web3" by Helping Startups Build Their Blockchains. 🌐 #Web3#Blockchain #DeFi
- 43,244 NFTs Sold on Ethereum, Solana, Arbitrum, Base, Polygon, and Optimism. - Investors: Founders Fund, Solana Ventures, Framework Ventures, and More. - NFTs Already Available on OpenSea and Blur.
Infinex Aims to Simplify DeFi and Replace Centralized Exchanges. Decentralization is the Future! 🌐💡
- The platform has grown from less than $2K in early October to a record. - Echo is positioning itself as a liquid layer for BTC in DeFi. - Users can earn up to 10% per annum on APT. - The main product is Echo Lend, where you can deposit aBTC without locking.
Echo has attracted major investors and offers new opportunities for BTC! 🌟
- Initial $20M from DAO, another $20M from external investors. - Focus on tokenization of real assets, crypto infrastructure and payment systems. - Already invested in Monerium and Naptha AI.
We are optimistic about the future of blockchain and crypto! 🌐💡 #GnosisDAO#CryptoNews #DeFi
- Dune, a leader in on-chain data analytics, has announced a partnership with PR firm Chainstory. - The goal: to improve communication and sharing of analytics in the crypto world. - The Dune ecosystem will now have access to Chainstory's PR and communications services.
This move will strengthen Dune's position in the crypto ecosystem and help better share important information. 📊✨