Crypto Daily Digest - October 24th

TI Research

- We have two liquidity mining news today: Solana's synthetic asset Synthetify starts a liquidity mining and Dopex double rewards ended. - Two testnet: Ethereum new AMM money market: Timeswap planned to launched testnet. And Zeta Markets devnet is coming. - Ethereum Layer-2 scaling solution Immutable X cooperates with SuperFarm.

Selected Projects


Timeswap is an AMM based money market, which plans to launch its testnet on October 25. It announced a seed round raising led by Multicoin Capital, Mechanism Capital an DeFiance Capital. Source


StarTerra is a Gamified Launchpad that features Play2Earn, NFTs, as well as an innovative Multi-Planetary-Farming Feature. Now StarTerra will IDO in their platform, the IDO Token Price will be 0.09 UST. Source


Synthetify Started Liquidity Mining on Saber

Synthetic asset protocol on Solana Synthetify started liquidity mining on 24 Oct, TVL already hit $1.3m. xUSD-USDC now is 300% APY. Source

Dopex Double Boosted Rewards Farming Ended

Dopex liquidity farming with double boosted rewards on Arbitrum ended on Oct 23. As of Oct 24, DPX pool's mining APR has fallen back to 11.15%, and DPX-WETH and rDPX-WETH's APR were 99.87% and 177.65% respectively. Besides, $DPX is back up on the Arbitrum bridge. 2 days ago, Arbitrum removed the DPX Token bridge by mistake. Source

Zeta Markets Devnet is Coming

Zeta Markets' closed devnet will be opened soon. To join this test round, users need to retweet and like tweets below (,and follow @ZetaMarkets and @SolriseFinance, then reply with how they think Zeta and Solrise to win a chance of closed test qualification. Source

Hegic NFT Art Contest Extended

The Hegic NFT Art Contest has been extended until the end of October. In this contest, artists need to create 3 illustrations with characters, these illustrations should belong to 3 categories by which Hegic classifies the best traders: the most efficient (purple background), the most profitable (golden background), the most active (green background). The champion will win 3,000 USD in $HEGIC + an offer to create a complete avatars illustrations pack (approx. 30 illustrations, $100/each). Source


Convex-TVL $12b

The TVL of Convex Finance cross $12b. Source


Immutable X & SuperFarm

Ethereum Layer-2 scaling solution Immutable X cooperate with SuperFarm to build the first NFT lauchpad on Immutable X. Source


CoinMarketCap-Hacker Attack

CoinMarketCap was hacked, as a result, 3.1 million users' email addresses were leaked. Source


Worldcoin raised $25 million

Worldcoin introduces a new global cryptocurrency that will be given to every human on earth. It raised $25m in the private funding round, invested by Andreesen Horowitz (Series A Lead), 1confirmation, Blockchange, Coinbase Ventures, CoinFund, Day One Ventures, Digital Currency Group, Fifty Years, Hypersphere, HASHED, Kenetic Capital, Multicoin, Three Arrows Capital, and more. Source

Parallel raised $50 million

Parallel is a sci-fi card game based on Ethereum blockchain. Parallel raised $50 million at a half-billion dollar valuation from crypto VC firm Paradigm. Previous investors include YouTube co-founder Chad Hurley, Focus Labs, OSS Capital and Yunt Capital, among others. Source

zkLink raised $8.5 million

zkLink announced a $8.5 million in financing led by Republic Crypto with participation from Arrington Capital, DeFi Alliance, Huobi Ventures, Ascensive Assets, Morningstar Ventures, GSR, Marshland Capital, Skynet Trading, ZBS Capital and other investors. zkLink is a protocol that focuses on cross-chain between Ethereum mainet and Layer-2 s. Source

MonkeyBall raised $3 million

MonkeyBall completed initial round of funding, totaling $3M from Crypto’s VCs and founders, including Solana Capital, Republic, NFX, Jump, ZBS Capital, MarketAcross, CMS, MorningStar Ventures, the founders of COTI, Playtika, DraftKings, eToro, IronSource, and etc. MonkeyBall is a Solana-based, Play-to-Earn eSports game. The first version of the game to be released during Q1 of 2022. Source


Deribit Launched New Block Trade System

Deribit launched new block trade system, users can trade directly with counterparties. Source


Bitcoin momentum trading methodology from Deribit. Source

This Week on Crypto Twitter: Coinbase's NFT Play, Cardano and Paris Hilton. Source





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