Web traffic to crypto exchanges in June 2022. According to the data from SimilarWeb in June a cumulative web traffic to cryptocurrency exchanges has decreased by 17%.
OpenLeverage (OLE) will have a primary listing on KuCoin on July 7th. OLE/USDT trading pair will go live at 10:00 AM (UTC). Binance Labs has made a strategic investment in OpenLeverage recently. OpenLeverage is a permissionless lending and margin trading protocol. The startup will enter the market with 46M OLE out of 1B OLE total supply.
Top 20 most discussed cryptocurrencies on Twitter in June 2022. In the chart below you can find a share of mentions of each coin among top 150 coins by market cap.
Bitcoin has lost around 57% of its value in the second quarter of 2022. This is the worst quarterly performance since the third quarter of 2011 when it lost around 68%.
Linera, a layer 1 blockchain project has completed a $6M seed funding round led by Andreessen Horowitz (a16z). Cygni Capital, Kima Ventures and Tribe Capital also participated in the round.
SubQuery Network will have a public sale round on Tokensoft on July 19-21. 900M SQT (9% of total supply) to be offered at $0.0275 at $275M fully diluted valuation during three rounds. KYC deadline: July 18th. Initial circulating supply and private sale prices are not disclosed yet.
FTX will host CRIPCO token sale on July 8th. 3M IP3 (1% of total supply) to be offered at $0.29 per token at $87M fully diluted valuation. Sale format: lottery. Users are required to stake 150+ FTT in order to participate. There will be 2k lucky slots, each for 1.5k IP3 (worth $300+5 FTT). To compare: seed sale price: $0.03; private sale price: $0.06.
Coinbase will list Chain (XCN), MetisDAO (METIS), Monavale (MONA), AirSwap (AST) & Media Network (MEDIA) on June 28th. Trading will begin on or after 9AM PT on 28 June 2022 if liquidity conditions are met.
NFT-native digital toy platform Cryptoys has raised $23M in a Series A round round. a16z Crypto, Mattel, Dapper Labs, Draper & Associates, Acrew Capital, CoinFund, Animoca Brands and Sound Ventures are among Investors. The startup announced a $7.5M seed round — also led by a16z Crypto — in October.
Harmony's cross-chain bridge Horizon suffers $100M hack. The Harmony team has identified a theft occurring this morning on the Horizon bridge amounting to approx. $100MM.
Euler Finance will release its token EUL together with the launch of the EulerDAO on June 23rd. According to the recent blog post EUL tokens will become transferable at around Thursday 5 PM (UTC). Euler is building an innovative DeFi lending protocol. The startup has raised in total around $40M from Paradigm, Lemniscap, Haun Ventures, Variant, FTX Ventures, Coinbase Ventures and others.
Cantina Royale (CRT) will have a token sale on Elrond’s Maiar Launchpad in July. Whitelisting: June 22 -July 8. Users are required to stake EGLD in order to participate. $1.5M to be raised during this round. Token price: $0.04 at $40M fully diluted valuation. The startup will enter the market with $5.3M initial market cap. Cantina Royale is a free-to-play cross-platform tactical action shooter.
Moonwell (WELL) will have a primary listing on KuCoin on June 23. WELL/USDT trading will go live at 08:00 AM (UTC). WELL was offered during public sale in march this year at $0.026 per token ($130M fully diluted valuation).