Pulse- Insights by Security Experts

The Drift Foundation announced the launch of the GAS Ecosystem Program to foster the development of its ecosystem. The program will focus on Grants, Attention, and Support to aid existing builders and enhance Drift's core products, building on the success of previous initiatives.

Social platform DeBox will allow users to claim BOX tokens at 18:00 today, enabling point-to-token conversion at a 1:1 ratio. According to Dune data, DeBox has approximately 10.6 million users, 650,000 daily active users, and over $500 million in total transaction volume.

Solv Protocol has introduced a new liquid staking token, SolvBTC.BBN, for cbBTC holders on the Babylon platform. This allows cbBTC tokens to be minted into SolvBTC, which can then be converted into SolvBTC.BBN.

Chainlink's Cross-Chain Interoperability Protocol (CCIP) has been launched on ZKsync, enhancing security, privacy, and scalability through zero-knowledge technology and enabling programmable token transfers across chains with embedded smart contract instructions.

BitGo announced a new Token Management Service on Monday, with initial customers including Worldcoin and LayerZero.

The Aave community has initiated a vote to introduce cbBTC to Ethereum mainnet and Base chain Aave v3, with voting set to conclude on September 19, as reported by Snapshot governance page on September 16.

Optimism will distribute up to 3.5 million OP to contributors for Season 5 and 6, with the results being announced on November 19. The registration, application review, and voting processes for governance contributors occur from late September to early November.

Baby Doge announced a forthcoming protocol aimed at accelerating BabyDoge token burns. Initiated by the community, the protocol will allow for rapid issuance and viewing of tokens with the generated revenue used for token buyback and burn.

Catizen reached 39 million total users and 18 million monthly active users, with over 800,000 participants and 13 million CATI tokens in the Stake to Earn program. The ecosystem's daily active user peak exceeded 8 million, with over 3 million on-chain users, 39 million on-chain interactions, $31 million in total payments, making it the first consumer Web3 app to surpass 1 million paying users.

Ethereum Layer 2 network T1 Protocol has finalized its pre-seed funding round with investments from a16z Crypto and several notable investors; the amount raised remains undisclosed.

Hunter, the co-founder of RootData, announced that the platform's 3.0 version will officially launch on October 18, emphasizing a new leaderboard feature. The leaderboard calculates project popularity based on user activity, including searches, clicks, votes, and social media influence, with over 200,000 users participating in the beta test since August.

Pencils Protocol was highlighted as a key partner in OKX Wallet's newly launched Cryptopedia series, offering DAPP and other airdrop rewards. Pencils Protocol, a leading DeFi platform on Scroll, will begin its DAPP token sale on September 18, currently in the presale phase on Tokensoft.

Open-source payment platform UPCX announced the official launch of its ecosystem wallet and testnet today. Users can now claim test $UPC tokens via the UPCX Faucet website every 24 hours, with an additional referral and incentive program planned.

The founder of gm.ai, Dexter, announced plans to utilize leftover presale funds to address investor losses, with details to be disclosed on Friday. Dexter cited mismanagement, communication issues, and unfortunate timing as reasons for the setbacks but affirmed the team’s commitment to investor compensation.

Solana-based Gradient Network has announced the completion of a new funding round with participation from Pantera Capital, Multicoin Capital, and Sequoia Capital. The funds will be used to develop their decentralized protocol and solutions for computing power conversion and staking on blockchain networks, with exact figures undisclosed.

OKX Web3 DeFi has doubled the daily rewards for their Sei earning season activities to 106,400 SEI per day. The event runs from September 4, 2024, to October 4, 2024, offering users exclusive interest rates by depositing USDT, USDC, or iSEI into Yei Finance.

The Compound community has voted to extend the Compound Grants Program (CGP) for another 12 months with a budget of $1.375 million, according to the official governance page.

Gate.io introduced GT token staking services with an expected annual yield of 13.5%, amassing over $30 million in 48 hours, and SOL staking services with low entry thresholds and flexible redemption mechanisms.

CATIZEN announced the launch of its CATI staking feature, offering a prize pool valued at $1 million in major CEX tokens. In just 20 hours, over 610,000 participants staked more than 11 million CATI tokens.

DYdX Foundation announced that as part of Chaos Labs Launch Incentive Program Season 6, the community voted to distribute $5 million in DYDX to traders. Of the 60 Active Set validators and 748 accounts that participated, 81.74% approved the allocation.

AI+Social project RSS3 announced that nodes not upgraded from Beta to Production Mainnet by Epoch 256 will be ineligible for rewards. Users are advised to follow official guidelines for upgrade.

Hamster Kombat announced that they have fixed the issue with the 'airdrop to CEX' option and added a reset button, allowing changes to airdrop options until September 21.

OKX Web3 wallet has introduced the FB_Ordinals market page, enabling transactions and inscriptions for Fractal Bitcoin Ordinals upon protocol activation. The wallet, updated to version 3.21.0, supports Ordinals and Atomicals markets with no platform service fees.

KiloEx's total value locked (TVL) on Manta has surpassed $13 million, with a total TVL exceeding $33 million. The platform offers diverse asset support, multiple rewards, and a current promotional event with a $1 million KILO reward pool.

Pump404.fun announced the launch of limited edition TOKEN2049 tokens during the 2024 TOKEN2049 conference, offering unique benefits and combining real-world assets with NFT technology. This initiative, in collaboration with TOKEN2049 sponsors, aims to provide new investment opportunities in the crypto community through their platform.

BNB Chain announced that deposits for ynBNB are now open. Supported by EigenLayer, YieldNest introduced BNB Chain’s first liquid restaking token on September 13, aggregating potential revenue sources and providing access to restaking platforms like Kernel Protocol, Karak, and Binominal.

Lambda, a decentralized data storage network, has been ranked in the top ten in Binance Futures Next review, offering participants a chance to share a $200,000 reward. The Futures Next platform allows users to vote on the listing of LAMB token contracts, providing incentives for participants.

Fractal Bitcoin's average block time is 0.44 minutes, with the current block height at 17963. The Fractal version's ordinal activation is projected to be completed at block 21000, indicating less than 24 hours remaining.

Open-source AI platform Sentient released the whitepaper 'OML: Opening the AI Entrepreneurship Era'. This new paradigm allows AI models to be open, monetizable, and loyalty-driven, aiming to innovate open-source AI development and entrepreneurship.

CATIZEN will conduct a network-wide snapshot and launch maintenance at 00:00 UTC. CATIZEN becomes the first project to allow players to stake project tokens for exchange tokens rewards, with the Meow Earn event starting at 18:00 Beijing Time.

UniSat announced that the UniSat Fractal Market is now live, allowing users to trade Fractal BRC20 inscriptions, collectibles, and .fb domains with the same fee rates as the Bitcoin mainnet.

Solana-based mining project Ore announced the creation of Regolith Labs and a $3 million seed funding round led by Foundation Capital, with participation from Colosseum, Solana Ventures, B+J Studios, Dead King Society, and 3KVC. Regolith Labs aims to accelerate the Ore ecosystem by introducing millions of new users to cryptocurrency through a new proof-of-work mining framework and liquidity network on Solana.

Usual announced its roadmap, with the Token Generation Event (TGE) set for mid-November 2024. 90% of the USUAL tokens will be allocated to the community, while 10% will go to internal stakeholders.

Spanish cryptocurrency exchange platform Bit2Me announced it has obtained approval from Argentina's National Securities Commission (CNV) to operate as a Virtual Asset Service Provider (VASP). CNV has listed 79 approved companies as of now, and Bit2Me had previously raised $15 million in June 2023, led by Investcorp.

DeepLink Protocol, a decentralized cloud gaming platform integrating AI and blockchain, has concluded five stages of its public sale, raising over $10 million and attracting global participation. The network is expanding swiftly, with over 1.7 million users across 110+ countries, and plans to launch a $10 million GPU mining and subsidy initiative to bolster its infrastructure.

Bounce Brand announced that it will launch its AUCTION Launchpad on the TON Network next week.

Coinbase-led non-profit Stand With Crypto announced a $6 million Legal Defense Fund for NFT projects. Supported by a16z, OpenSea, and several law firms, the fund aims to protect creators against legal challenges such as those from the SEC.

AI and data project Grass Network raised funds in a new round led by Hack VC with participation from Polychain Capital, Delphi Digital, Lattice, and Brevan Howard Digital, reaching an estimated valuation of nearly $1 billion. RootData reports that Grass Network, aiming to redefine internet incentive structures by sharing unused bandwidth, previously secured $3.5 million in seed funding in December.

LogX, an on-chain perpetual DEX, has released its LOGX token economy model with 40% allocated for community rewards. The distribution includes 16% for the core team, 17% for investors and advisors, 12% for the first-season airdrop, and 15% for the foundation, while LOGX token holders stand to receive net revenue shares and ecosystem-related airdrops.

Interoperability platform Wormhole has successfully integrated World ID into Solana, allowing developers on Solana to prioritize real humans in their applications and platforms.

Ronin announced the introduction of the Ronin Waypoint, a universal account and keyless wallet, enabling users to manage on-chain assets and conduct in-game transactions without mnemonic phrases or extensions. Ronin Waypoint is now live on Axie Classic.

Orange Cap Games announced the completion of a $2 million pre-seed funding round, with notable investors including LayerZero CEO Bryan Pellegrino, YGG founder Gabriel Dizon, and Dapper Labs executive Amber. The funds will be used for their upcoming trading card game, Vibes, which features Pudgy Penguins IP.

Paxos announced its expansion to Ethereum's layer-2 network Arbitrum and will launch products on Arbitrum One. Offchain Labs executive Luke Xiao confirmed that Paxos plans to introduce its stablecoin issuance and regulated tokenization platform to Arbitrum.

Layer3 announced the launch of its Launchpad feature, with the first project being Caldera, offering participants airdrops and additional incentives totaling $100,000.

Dmail Network has integrated the Berachain network, allowing users to send on-chain emails via Dmail DApp and offering free NFT domain names for Berachain users. Dmail now supports a total of 28 blockchains, along with WorldCoin and Google login services, enhancing information transmission and marketing solutions in the web3 space.

OKX announced plans to delist FRONT/USDT and FRONT/USDC trading pairs on September 13, 2024, between 4:00-4:30 PM (UTC+8).

The TON Foundation has announced an additional incentive plan worth 5 million Toncoin (approximately $24 million) dedicated to rewarding liquidity providers on DeFi protocols STON.fi, DeDust, Tonstakers, and Bemo, bringing the total value of the incentive plan to over $75 million.

Decentralized lending protocol ZeroLend announces a partnership with Pendle and ether.fi to introduce eBTC assets for Pendle BTC market users, offering them point rewards from multiple protocols. Users can receive eBTC by depositing BTC into ether.fi’s Bitcoin Vault, with the option to leverage their positions.