News:
DeFi Data
1. Total market value of DeFi tokens: $79.246 billion
DeFi total market value data source: coingecko
2. Trading volume of decentralized exchanges in the past 24 hours: $5.827 billion
Trading volume of decentralized exchanges in the past 24 hours data source: coingecko
3. Locked assets in DeFi: $87.61 billion
Top ten rankings of locked assets in DeFi projects and their lock-up quantities data source: defillama
NFT Data
1. Total market value of NFTs: $2.892 billion
Total market value of NFTs and top ten projects by market value data source: Coinmarketcap
2. 24-hour trading volume of NFTs: $2.078 billion
Total market value of NFTs and top ten projects by market value data source: Coinmarketcap
3. Top ten NFTs with the highest sales growth in the past 24 hours
Top ten NFTs with the highest sales growth in the past 24 hours data source: NFTGO
Headlines
Tesla’s Bitcoin holdings remain unchanged in Q3 2024
Tesla’s Bitcoin holdings remained unchanged in Q3 2024.
Tesla’s Q3 revenue was $25.18 billion, analyst expectations were $25.43 billion, compared to $23.35 billion in the same period last year. Q3 net profit was $2.167 billion, market expectations were $1.78 billion, compared to $1.853 billion in the same period last year.
NFT Highlights
1. NFT marketplace BlueMove receives strategic investment from Victus Capital
According to reports, BlueMove, a multi-chain NFT marketplace designed based on the Move language public chain, has announced that it has received strategic investment from crypto hedge fund Victus Capital.
DeFi Highlights
1. Kraken plans to launch its native blockchain network next year
According to reports, cryptocurrency exchange platform Kraken plans to launch its native blockchain network next year.
2. Adrastea Finance, a liquidity re-staking protocol, launches its test version
On October 24th, Adrastea Finance, a Solana-based liquidity re-staking protocol, announced that its test version has been launched. Adrastea Finance is built on Solayer and won the AVS track championship in the Radar hackathon held in collaboration with Superteam Earn and Solayer.
3. Binance completes Worldcoin (WLD) mainnet integration
According to reports, Binance has completed the integration of the Worldcoin (WLD) mainnet and opened deposit and withdrawal services.
4. Opinion: ZK proofs are too complex for decentralized identity, not conducive to government and institutional adoption
On October 24th, Ingo Rübe, CEO and co-founder of decentralized identity provider KILT Protocol, stated that the highly technical nature of ZK proofs makes it difficult for governments and institutions to adopt. He explained that decentralized identifiers (e.g., biometric data) can be selectively shared with parties and verified on the chain using Merkle trees, which is easier, faster, and more efficient than ZK proofs.
5. Twine, a multi-chain settlement network, releases project introduction
On October 24th, Twine, a multi-chain settlement network, released its project introduction. The project aims to allow users to access liquidity from multiple chains such as Ethereum, Solana, and Bitcoin through a single platform, aggregating multiple chains to achieve a seamless user experience and Dev X.
Solana co-founder Toly retweeted the tweet and said that a single execution environment can adapt to multiple DA layers and provide better strong anti-censorship exit guarantees for each layer than honest majorities and multi-signatures. I think it’s cool.
6. Base mainnet to introduce fault proofs on October 30th
According to the official announcement from Base, the Base mainnet will introduce fault proofs on October 30th, marking an important step towards decentralization. After the introduction of this mechanism, anyone can monitor and challenge invalid withdrawal transactions without permission, eliminating the need for third-party trust. The Base team stated that they have been closely working with Optimism to ensure the smooth launch and security upgrade of fault proofs. During the upgrade, all pending withdrawal transactions will need to be revalidated.
Gaming Highlights
1. Opti Games, the developer of the Monad ecosystem game Sparkball, raises $2 million with participation from YGG and others
According to reports, Opti Games, the developer of the online combat game Sparkball based on the Monad blockchain platform, has announced that it has raised $2 million. The funding was led by L1D, with participation from CMS Holdings, Impossible Finance, Yield Guild Games (YGG), Monad, Wolves DAO, YGG, and XBorg, among others. The game is closely collaborating with blockchain gaming communities such as Wolves DAO, YGG, and XBorg to develop the game and gain support, and the new funds will be used to support Sparkball in launching its Season Zero campaign for growth.
2. Blockchain gaming platform Party Icons completes $9 million seed round funding
Web3 mobile gaming platform Party Icons has announced the completion of a $9 million seed round funding. The round was led by Bitkraft Ventures, with participation from IDG Capital and Sebastien Borget, co-founder of The Sandbox.
Party Icons aims to combine the social cohesion of party games with the excitement of shooting games. Like Borget’s The Sandbox project, the developers of Party Icons seem to want people to use it as a platform not only to play games but also to socialize. The statement stated that Party Icons currently has “three different modes.”
Disclaimer: As a blockchain news platform, the content of the articles we publish is for information reference only and does not constitute actual investment advice. Please establish correct investment concepts and be sure to increase risk awareness.
