- Today7m agoProject updateKelp DAO (KEP) launches the Mega Million Marathon
Users need to restake ETH in Kelp to get rewards in USDC, OP, ARB, or SD with additional EL points. All the rewards come backed with regular Kelp Miles and EigenLayer Points. Kelp DAO is a liquid restaking solution enhancing liquidity for restaked assets.
Source - 07 May 202418:48Project updateBotanix Labs has raised $8.5 million in the Seed funding round
Among investors are Polychain Capital, Placeholder Capital, Valor Equity Partners and ABCDE. Following the $3M pre-seed round, the raise brings Botanix Labs’ funding to $11.5M. Botanix builds the Spiderchain – a Bitcoin-native L2 with full EVM equivalence.
Source - 07 May 202418:47Project updateRevolut launches its crypto exchange, dubbed Revolut X
Users can trade 100+ tokens with the market and limit orders from the desktop app, switching from fiat to crypto and back between Revolut X and Revolut accounts. Previously, Revolut launches Revolut Ramp, enabling crypto purchases directly into MetaMask.
Source - 07 May 202418:36Project updateEthernity (ERN) has unveiled its Ethereum L2 with enhanced AI-driven security
Ethernity L2 brings Plug & Play Toolkit for brands to build next-gen Web3 apps on the Ethernity Chain spanning Web3 games, digital collectibles, RWAs, etc. The Ethernity Ecosystem will continue to be powered by the ERN for all future projects on the Ethernity L2.
Source - 07 May 202417:55Project updateYOUR AI (YOURAI) has joined the Google for Startups Program
As part of this collaboration, YOUR AI will receive exclusive benefits from Google including Cloud Credits, engineers & developers support, specialized AI tools, and more. YOUR AI Protocol is the AI-driven content layer for e-commerce built on Bitcoin and Solana.
Source - 07 May 202417:52Project updateTabi (TABI) has unveiled the Airdrop Season 1 campaign
Season 1 will share 800M TABI with Voyager event participants, GG holders, Captain Node holders, Public Sale participants, Testnet contributors, and Ecosystem builders. Tabi is the modular Cosmos gaming Layer1 with any-VM compatibility.
Source - 07 May 202416:50Project updateCARV (CARV) will hold a Node Sale on Impossible Finance
Node sale for whitelists will start on May 13, while for the public – on May 15. Users need to stake IDIA to join the whitelist. Total number of nodes for sale is 100,000. CARV is building the modular data layer for gaming and AI.
Source - 07 May 202416:50Project updateLayerZero (ZRO) partners with Nansen and Chaos Labs
Projects will jointly conduct a sybil detection report considering every user’s total transactions weighted with the goal of aligning TGE with devs and durable users. Previously, LayerZero teased a ZRO token launch in the first half of 2024.
Source - 07 May 202416:49Project updateLava Network raised $11M in its new funding round
Investors included Animoca Brands, Gate Ventures, CoinGecko Ventures, Sandeep Nailwal, Ash Crypto, and CryptoLark, among other investors. Lava is a modular blockchain network focused on providing data access through remote procedure calls.
Source - 07 May 202408:42Project update
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.49T (-0.91%)
BTC Price: $64,225 (-1.68%)
BTC Dominance: 50.7% (+0.20%)
Fear & Greed Index: 68 (Greed)
Total Value Locked: $149B (-2.62%)