Welcome to your go-to supply for all issues Web3, Blockchain and Crypto! Our Weekly report dives into the freshest updates and game-changing developments within the fast-paced world. We curate one of the best knowledge from trusted sources to maintain you forward of the curve. Prepared to remain knowledgeable and impressed? Let’s discover the most recent developments and insights collectively!
1. Web3, Blockchain & Crypto Breaking Information This Week
Listed here are this week’s main breaking information experiences associated to Web3, Blockchain, and crypto that you need to by no means miss.
- US Supreme Court docket Guidelines Towards Coinbase in Arbitration Case
America Supreme Court docket unanimously determined that courts should decide which contract takes priority when a number of agreements exist, ruling towards Coinbase in a dispute over a 2021 Dogecoin sweepstakes.
- US Home Votes to Ban Federal Reserve Issuing CBDCs
The US Home handed the CBDC Anti-Surveillance State Act, blocking the Federal Reserve from instantly issuing digital currencies, aiming to stop potential surveillance of Americans.
- US Home Passes Crypto Readability Laws
The Monetary Innovation and Expertise for the twenty first Century Act handed with bipartisan assist, offering authorized readability on the classification, registration, and custody of crypto property, shifting away from the SEC’s enforcement-led regulation.
- Trump Marketing campaign Accepts Cryptocurrency Donations
The Trump marketing campaign will now settle for cryptocurrency donations, making it the primary main occasion presidential marketing campaign to take action, aligning with its agenda of prioritising freedom over authorities management.
- Polimec Launches on Polkadot for Web3 Fundraising
Polimec, a decentralised funding protocol, was launched on Polkadot. It goals to rework Web3 mission fundraising by offering a clear, regulatory-compliant platform for connecting traders with startups globally.
- UN Report: North Korean Hackers Launder Stolen Crypto
A UN report revealed North Korean hackers funnelled thousands and thousands in stolen cryptocurrency by Twister Money final 12 months. The Lazarus Group transferred $147.5 million taken from crypto change HTX in 2023.
1.1. This Week’s Web3, Blockchain & Crypto Particular Information Report You Can’t-Miss
- SEC Approves Spot Ether ETFs; ETH & BTC Witness Volatility
The SEC approves spot Ether ETFs for buying and selling on nationwide exchanges. Not too long ago, Ethereum noticed a lift in its worth from $3,100 to a peak of $3,930. This adopted specialists’ approval prediction. Bitcoin additionally surged to $72,000. Nevertheless, each cryptocurrencies dropped attributable to excessive volatility earlier than the approval and struggled to get well. The worth of Ethereum at current, on twenty fifth Might 2024 (8:30 AM GMT-4), stands at $3,741.22, and Bitcoin’s worth is $69,273.19. Regardless of the approval, it might take weeks for an Ether ETF to go dwell, which means the total impression on the crypto market shall be realised later.
2. Blockchain Weekly Evaluation
The weekly blockchain evaluation covers the blockchain dominance evaluation and 7-day change evaluation. To make clear, the Layer 1 chains and Layer 2 chains are analysed individually.
2.1. Blockchain Dominance Evaluation
Ethereum, TRON, BNB Sensible Chain, Solana, and Arbitrum One are the highest 5 blockchains as per dominance and TVL.
| Blockchains | Dominance | TVL |
| Ethereum | 64.34% | $63,308,692,822 |
| TRON | 8.81% | $8,664,627,023 |
| BNB Sensible Chain | 5.49% | $5,403,408,858 |
| Solana | 4.74% | $4,659,519,009 |
| Arbitrum One | 3.05% | $2,998,844,013 |
Ethereum dominates the blockchain sector with 64.3%. TRON and BNB Sensible Chain comply with with 8.81% and 5.49%, respectively. Solana shows 4.74% dominance, and Arbitrum One reveals 3.05% dominance.
2.1.1. Prime 5 Layer 1 Chains By Dominance
Ethereum, BNB Sensible Chain, Solana, Bitcoin and Avalanche are the highest 5 Layer 1 Blockchain by dominance and TVL.
| Layer 1 Blockchains | Dominance | TVL |
| Ethereum | 80.74% | $63,280,623,806 |
| BNB Sensible Chain | 6.89% | $5,401,013,162 |
| Solana | 5.94% | $4,657,453,129 |
| Bitcoin | 1.46% | $1,142,885,950 |
| Avalanche | 1.26% | $989,858,224 |
Within the layer 1 chain phase, Ethereum dominates with 80.74%. BNB Sensible Chain and Solana comply with with 6.89% and 5.94%, respectively. Bitcoin information 1.46% dominance, and Avalanche registers 1.26% dominance.
2.1.2. Prime 5 Layer 2 Chains By Dominance
Arbitrum One, Blast, Base, Polygon POS, and Optimism are the highest 5 Layer 2 Blockchains primarily based on dominance and Complete Worth Locked.
| Layer 2 Blockchains | Dominance | TVL |
| Arbitrum One | 29.79% | $2,997,202,414 |
| Blast | 18.61% | $1,871,893,206 |
| Base | 16.74% | $1,683,987,107 |
| Polygon POS | 9.58% | $963,814,055 |
| Optimism | 8.52% | $857,522,817 |
Within the layer 2 chain phase, Arbitrum One dominates with 29.79%. Blast and Base carefully comply with with 18.61% and 16.74%, respectively. Polygon POS reveals 9.58% dominance, and Optimism shows 5.52% dominance.
2.2. Blockchain 7-Day Change Evaluation
Let’s analyse the highest 5 Layer 1 chains utilizing the 7-day change index.
| Layer 1 Blockchains | 7-Day Change |
| Ethereum | +21.1% |
| BNB Sensible Chain | -9.7% |
| Solana | +5.8% |
| Bitcoin | +3.6% |
| Avalanche | +5.7% |
Among the many prime 5 layer 1 blockchains by TVL, just one reveals detrimental 7-day change. BNB Sensible Chain shows the detrimental 7-day change of -9.7%. The best 7-day constructive change is proven by Ethereum, with +21.1% change. Solana dnd Avalanche comply with with +5.8% and +5.7%, respectively. Bitcoin registers the change of +3.6%.
Let’s analyse the highest 5 Layer 2 chains utilizing the 7-day change index.
| Layer 2 Blockchains | 7-Day Change |
| Arbitrum One | +13.6% |
| Blast | +24.7% |
| Base | +11.4% |
| Polygon POS | +8.0% |
| Optimism | +10.5% |
Among the many prime 5 layer 2 blockchains by TVL, all of them show constructive 7-day change. Blast shows the best 7-day constructive change of +24.7%. Arbitrum One and Base comply with with +13.6% and +11.4%, respectively. Optimism information +10.5% change, and Polygon POS registers +8.0% change.
3. Cryptocurrency Weekly Evaluation
The Cryptocurrency Weekly evaluation covers a variety of analyses, from the overall cryptocurrency market cap evaluation and the highest gainers and losers evaluation to the Stablecoin, Memecoin, AI Cash and Metaverse Cash analyses.
3.1. Prime Cryptocurrency Classes By Market Cap
Layer 1 (LI), Sensible Contract Platform, Andreessen Horowitz (a16z) Portfolio, Alameda Analysis Portfolio, and Alleged SEC Securities are the highest 5 cryptocurrency classes by Market Cap. The Layer 1 (L1) class, with $2,075,024,162,080 market cap, is the one with the best market cap. The Sensible Contract Platform class follows with a $759,692,397,902 market cap.
| Crypto Classes | Market Cap | 7-Day Change |
| Layer 1 (L1) | $2,075,024,162,080 | +47.2% |
| Sensible Contract Platform | $759,692,397,902 | +15.7% |
| Andreessen Horowitz (a16z) Portfolio | $610,522,744,828 | +19.4% |
| Alameda Analysis Portfolio | $556,666,727,766 | +20.8% |
| Alleged SEC Securities | $251,715,895,182 | +1.8% |
Among the many prime 5 crypto classes by market cap, all of the 5 prime classes present constructive 7-day change. Layer 1 (L1) information the best 7-day change of 47.2%. Alameda Analysis Portfolio and Andreessen Horowitz (a16z) Portfolio comply with with +20.8% and +19.4%, respectively. Sensible Contract Platform additionally registers a powerful change of +15.7%. In the meantime, Alleged SEC Securities shows a minimal change of +1.8%.
3.1.1. Trending Classes This Week
Music Tokens, Liquid Restaking Governance Tokens, LRTfi, Yield Tokenization Cash, Elon Musk-inspired cash, and AI Meme Cash are essentially the most trending classes this week.
| Trending Classes | Market Cap |
| Music Tokens | $627,121,599 |
| Liquid Restaking Governance Tokens | $1,524,880,216 |
| LRTfi | $989,429,410 |
| Yield Tokenization Cash | $965,345,342 |
| Elon Musk-Impressed Cash | $23,760,570,550 |
| AI Meme Cash | $975,478,321 |
Among the many prime trending classes, the class of Elon Musk-Impressed Cash has the best market cap of $23,760,570,550. The Liquid Restaking Governance Tokens class follows with a $1,524,880,216 market cap. LRTfi, AI Meme Cash, and Yield Tokenization Cash file $989,429,410, $975,478,321, and $965,345,342 market cap, respectively.
3.2. Prime Cryptocurrencies By Market Cap
Bitcoin, Ethereum, Tether, BNB, and Solana are the highest 5 cryptocurrencies by market cap. Bitcoin has the best market cap of $1,326,998,613,001. Etheruem follows with a market cap of $444,659,154,199.
| Cryptocurrencies | Market Cap | 7-Day Change |
| Bitcoin | $1,326,998,613,001 | +1.2% |
| Ethereum | $444,659,154,199 | +22.1% |
| Tether | $111,958,979,692 | -0.1% |
| BNB | $91,693,466,328 | +2.9% |
| Solana | $74,431,437,048 | -1.5% |
Among the many prime 5 cryptocurrencies, Ethereum reveals the best 7-day change of +22.1%. BNB and Bitcoin show minimal constructive adjustments of +2.9% and +1.2%, respectively. Solana and Tether file detrimental adjustments of -1.5% and -0.1%, respectively.
3.2.1. Trending Cash This Week
Gearbox, Apu Apustaja, Turbo, Opulous and Ondo are essentially the most trending cryptocurrencies on the time of getting ready this evaluation.
| Trending Cryptocurrencies | Market Cap |
| Gearbox | $111,343,734 |
| Apu Apustaja | $233,632,808 |
| Turbo | $201,554,316 |
| Opulous | $92,410,047 |
| Ondo | $1,621,280,118 |
Among the many prime 5 most trending cryptos, Ondo has the best market cap of $1,621,280,118. Apu Apustaja and Turbo comply with with $233,632,808 and $201,554,316, respectively. Gearbox has a market cap of $111,343,734, and Opulous marks a market cap of $92,410,047.
3.2.2. Prime Gainers & Losers This Week
AMATERASU OMIKAMI, Wojak, Turbo, Increased, and BOB Token are the highest gainers of the week as per the 7-day achieve index.
| Prime Gainers | 7-Day Acquire |
| AMATERASU OMIKAMI | +286.6% |
| Wojak | +125.3% |
| Turbo | +120.0% |
| Increased | +110.3% |
| BOB Token | +105.0% |
AMATERASU OMIKAMI reveals the best 7-day achieve of +286.6%. Wojak and Turbo comply with with +125.3% achieve and +120.0% achieve, respectively. Increased has a 7-day achieve of +110.3%, and BOB Token information a 7-day achieve of +105.0%.
Michi, Jeo Boden, Kitten Haimer, Shark Cat, and Notcoin are the highest losers of the week as per the 7-day loss index.
| Prime Losers | 7-Day Loss |
| michi | -53.3% |
| Jeo Boden | -39.8% |
| Kitten Haimer | -38.9% |
| Shark Cat | -32.0% |
| Notcoin | -31.2% |
Michi registers the best 7-day lack of -53.3%. Jeo Boden and Kitten Haimer comply with with -39.8% and -38.9%, respectively. Shark Cat reveals a lack of -32.0%, Bitcoin information a lack of -31.2%.
3.3. Prime Stablecoins Evaluation
Tether, USDC, Dai, First Digital USD, and Ethena USDe are the highest 5 stablecoins as per market cap.
| Stablecoins | Market Cap |
| Tether | $112,018,679,115 |
| USDC | $32,739,425,716 |
| Dai | $5,308,052,511 |
| First Digital USD | $3,230,327,487 |
| Ethena USDe | $2,681,694,776 |
Within the stablecoin market, Tether has the best market cap of $112,018,679,115. USDC and Dai comply with with $32,739,425,716 and $5,308,052,511, respectively. First Digital USD showcases a market cap of $3,230,327,487. Ethena USDe enjoys a $2,681,694,776 market cap.
3.4. Prime Memecoins 7-Day Change Evaluation
Dogecoin, Shiba Inu, Pepe, dogwifhat, and Bonk are the highest 5 Memecoins as per market cap. Dogecoin has the best market cap of $23,526,356,272. Shiba Inu and Pepe comply with with $14,268,797,326 and $5,813,405,981 market cap, respectively.
| Memecoins | Market Cap | 7-Day Change |
| Dogecoin | $23,526,356,272 | +7.9% |
| Shiba Inu | $14,268,797,326 | -2.0% |
| Pepe | $5,813,405,981 | +39.2% |
| dogwifhat | $2,787,008,032 | -1.9% |
| Bonk | $2,184,863,206 | +37.0% |
Among the many prime 5 memcoins, Pepe and Bonk mark spectacular 7-day adjustments of +39.2% and 37.0%. Dogecoin reveals a +7.9% change. Conversely, Shiba Inu and dogwifhat information detrimental adjustments of -2.0% and -1.9%, respectively.
3.5. Prime AI Cash 7-Day Change Evaluation
Fetch-ai, Web Pc, Render, The Graph, and Bittensor are the highest 5 AI Cash as per market cap. Fetch.ai has the best market cap of $5,815,503,794. Web Pc and Render carefully comply with with $5,675,753,251 and $3,932,965,819 market cap, respectively.
| AI Cash | Market Cap | 7-Day Change |
| Fetch.ai | $5,815,503,794 | +2.0% |
| Web Pc | $5,675,753,251 | -4.0% |
| Render | $3,932,965,819 | +1.0% |
| The Graph | $3,068,789,601 | +2.5% |
| Bittensor | $2,932,775,704 | +13.6% |
Among the many prime 5 AI cash, just one coin reveals a detrimental 7-day change. Web Pc information a 7-day change of -4.0%. The best 7-day constructive change is recorded by Bittensor, with +13.6% change. The graph and Fetch.ai present a change of +2.5% and +2.0%, respectively. Render registers a minimal change of +1.0%.
3.6. Prime Metaverse Cash 7-Day Change Evaluation
Render, FLOKI, Axie Infinity, The Sandbox, and Decentraland are the highest 5 Metaverse Cash on the premise of market cap. Render has the best market cap of $3,928,015,314. FLOKI, Axie Infinity, and The Sandbox carefully comply with with $2,150,126,952, $1,132,240,710, and $1,005,070,619 market cap, respectively.
| Metaverse Cash | Market Cap | 7-Day Change |
| Render | $3,928,015,314 | +0.8% |
| FLOKI | $2,150,126,952 | +6.4% |
| Axie Infinity | $1,132,240,710 | +7.1% |
| The Sandbox | $1,005,070,619 | +0.3% |
| Decentraland | $844,788,666 | +4.5% |
Among the many prime 5 metaverse cash, all of them present constructive 7-day adjustments. Axie Infinity shows the best 7-day change of +7.1%. FLOKI and Decentraland comply with with +6.4% and +4.5% change, respectively. Render and The Sandbox mark minimal adjustments of +0.8% and +0.3%, respectively.
4. Crypto ETF Weekly Evaluation
The crypto ETF weekly evaluation covers Bitcoin Spot ETFs, Bitcoin Futures ETFs, and Ethereum Futures ETFs.
4.1. Bitcoin Spot ETF Worth Change Evaluation
GBTC, IBIT, FBTC, ARKB and BITB are the highest 5 Bitcoin Spot ETFs primarily based on Asset Beneath Administration. GBTC marks the best AUM of $24.33B. IBIT carefully follows with an AUM of $17.24B.
| Bitcoin Spot ETFs | Worth | Change | AUM |
| Grayscale (GBTC) | $59.70 | -3.63% | $24.33B |
| BlackRock (IBIT) | $38.27 | -3.63% | $17.24B |
| Constancy (FBTC) | $58.72 | -3.88% | $9.90B |
| Ark/21 Shares (ARKB) | $67.13 | -3.62% | $2.85B |
| Bitwise (BITB) | $36.63 | -3.51% | $2.16B |
Among the many prime 5 Bitcoin Spot ETFs, none of them register constructive adjustments. Constancy (FBTC) marks the best detrimental worth change of -3.88%. Grayscale (GBTC) and BlackRock (IBIT), each showcase a change of -3.63%. Ark/21 Shares (ARKB) information a change of -3.62%, and Bitwise (BITB) shows -3.51% change.
4.2. Bitcoin Futures ETF Worth Change Evaluation
BITO, XBTF, BTF, BITS, and ARKA are the highest 5 Bitcoin Futures ETFs as per Asset Beneath Administration. BITO has the best AUM of $598.78M. XBTF follows with $42.41M AUM.
| Bitcoin Futures ETFs | Worth | Change | AUM |
| ProShares (BITO) | $27.20 | -3.78% | $598.78M |
| VanEck (XBTF) | $39.22 | +0.33% | $42.41M |
| Valkyrie (BTF) | $21.08 | -1.08% | $38.20M |
| International X (BITS) | $66.20 | -4.42% | $26.10M |
| Ark/21 Shares (ARKA) | $64.66 | -2.82% | $8.01M |
Among the many prime 5 Bitcoin Futures ETFs, solely VanEck (XBTF) shows a constructive change; it information a change of +0.33%. The best detrimental worth change is proven by International X (BITS), with -4.42%. ProShares (BITO) follows carefully with a -3.78% change. Ark/21 Shares (ARKA) and Valkyrie (BTF) register detrimental adjustments of -2.82% and -1.08%, respectively.
4.3. Ethereum Futures ETF Worth Change Evaluation
BITW, BTF, EFUT, EETH, and AETH are the highest 5 Ethereum Futures ETFs primarily based on Asset Beneath Administration. BITW has the best AUM of $478.00M. BTF follows with $25.93M AUM.
| Ethereum Futures ETFs | Worth | Change | AUM |
| Bitwise (BITW) | $36.22 | -4.48% | $478.00M |
| Valkyrie (BTF) | $21.08 | -1.08% | $25.93M |
| VanEck (EFUT) | $29.46 | +1.45% | $7.84M |
| ProShares (EETH) | $82.16 | +1.37% | $6.43M |
| Bitwise (AETH) | $49.51 | +0.57% | $585.75K |
Among the many prime 5 Ethereum futures ETFs, a minimum of three file constructive worth adjustments, although delicate. When VanEck (EFUT) and ProShares (EETH) present spectacular adjustments of +1.45% and +1.37%, respectively, Bitwise (AETH) shows a gentle constructive change of +0.57%. Conversely, Bitwise (BITW) registers an unimpressive change of -4.48%, and Valkyrie (BTF) marks a gentle detrimental change of -1.08%.
5. DeFi Protocols Weekly Evaluation
Lido, EigenLayer, AAVE, Maker and JustLend are the highest 5 DeFi protocols as per Complete Worth Locked. Lido marks the best TVL of $34.568B. EigenLayer and AAVE comply with with $18.189B and $12.727B, respectively.
| DeFi Protocols | TVL | 7-Day Change |
| Lido | $34.568B | +21.54% |
| EigenLayer | $18.189B | +19.87% |
| AAVE | $12.727B | +16.53% |
| Maker | $8.921B | +8.13% |
| JustLend | $6.515B | +1.29% |
Among the many prime 5 DeFi protocols, Lido reveals the best 7-day change of +21.54%. EigenLayer and AAVE show adjustments of +19.87% and +16.53%, respectively. Maker registers a passable change of +8.13%, and JustLend information a minimal change of +1.29%.
6. Crypto Trade Weekly Evaluation
6.1. Prime Crypto Centralised Exchanges
Binance, Coinbase Trade, Bybit, WhiteBIT, and OKX are the highest 5 crypto centralised exchanges on the premise of Month-to-month Visits.
| Crypto Centralised Exchanges | Month-to-month Visits | Belief Rating |
| Binance | 75.3M | 10/10 |
| Coinbase Trade | 46.3M | 10/10 |
| Bybit | 31M | 10/10 |
| WhiteBIT | 24.8M | 8/10 |
| OKX | 24.1M | 10/10 |
Binance has the best variety of month-to-month visits of 75.3M. Coinbase Trade follows with 46.3M. Bybit marks 31M month-to-month visits. WhiteBIT and OKX file 24.8M and 24.1M, respectively.
Among the many prime 5 crypto centralised exchanges, besides WhiteBIT, all of them present a powerful belief rating of 10/10. WhiteBIT registers a belief rating of 8/10.
6.2. Prime Crypto Decentralised Exchanges
Uniswap V3 (Ethereum), Uniswap V3 (Arbitrum One), Jupiter, Orca, and Pancakeswap V3 (BSC) are the highest 5 crypto decentralised exchanges on the premise of Market Share by Quantity.
| Crypto Decentralised Exchanges | % Market Share by Quantity | 24-Hour Quantity |
| Uniswap V3 (Ethereum) | 29.0% | $3,287,743,930 |
| Uniswap V3 (Arbitrum One) | 12.5% | $1,421,920,117 |
| Jupiter | 6.7% | $759,282,905 |
| Orca | 4.9% | $550,453,053 |
| Pancakeswap V3 (BSC) | 4.6% | $518,919,427 |
Uniswap V3 (Ethereum) dominates with 29.0% market share by quantity. Uniswap V3 (Arbitrum One) follows with 12.5%. Jupiter shows 6.7%. Orca and Pancakeswap V3 (BSC) register 4.9% and 4.6%, respectively.
Among the many prime 5 crypto decentralised exchanges, Uniswap V3 (Ethereum) has the best 24-hour quantity of $3,287,743,930. Uniswap V3 (Arbitrum One) follows with $1,421,920,117 quantity.
6.3. Prime Crypto By-product Exchanges
Binance (Futures), Bybit(Futures), Deepcoin (Derivatives), Bitget Futures, and BYDFi (Futures) are the highest 5 crypto spinoff exchanges by 24-hour open curiosity.
| Crypto By-product Exchanges | 24-Hour Open Curiosity | 24-Hour Quantity |
| Binance (Futures) | $19,722,149,258 | $103,686,158,764 |
| Bybit (Futures) | $12,800,682,172 | $36,848,564,789 |
| Deepcoin (Derivatives) | $10,874,699,192 | $11,528,611,309 |
| Bitget Futures | $10,279,715,000 | $24,457,277,642 |
| BYDFi (Futures) | $9,845,579,609 | $11,501,719,346 |
Binance (Futures) has the best 24-hour Open Curiosity of $19,722,149,258. Bybit (Futures), Deepcoin (Derivatives), and Bitget Futures are adopted by $12,800,682,172, $10,874,699,192, and $10,279,715,000 respectively. BYDFi (Futures) marks an open curiosity of $9,845,579,609.
Among the many prime 5 crypto spinoff exchanges, Binance (Futures) has the best 24-hour quantity of $103,686,158,764. Bybit (Futures) and Bitget Futures comply with with $36,848,564,789 and $24,457,277,642, respectively.
7. NFT Market Weekly Evaluation
Blur, Blur Aggregator, Cryptopunks, Gem, and X2Y2 are the highest 5 NFT Marketplaces by Market Share. Blur has the best market share of 70.40%. Blur Aggregator and Cryptopunks comply with with 20.71% and 4.20% market share, respectively.
| NFT Marketplaces | Market Share | Quantity Change (Change of final 7-D Quantity over the Earlier 7-D Quantity) |
| Blur | 70.40% | +14.30% |
| Blur Aggregator | 20.71% | +3.32% |
| Cryptopunks | 4.20% | -39.47% |
| Gem | 1.54% | +54.65% |
| X2Y2 | 1.46% | -19.43% |
Among the many prime 5 NFT marketplaces, a minimum of three NFT marketplaces present constructive quantity change. The best quantity change is recorded by Gem, with +54.65% change. Blur and Blur Aggregator comply with with +14.30% and +3.32%, respectively. The best detrimental quantity change is registered by Cryptopunks, with -39.47% change. X2Y2 follows with -19.43% change.
7.1. Prime NFT Collectibles This Week
CryptoPunks #8796, CryptoPunks #3259, CryptoPunks #5406, CryptoPunks #5335, and CryptoPunks #2685 are the highest NFT collectibles primarily based on Worth.
| NFT Collectibles | Worth |
| CryptoPunks #8796 | $191,472.92 |
| CryptoPunks #3259 | $148,803.08 |
| CryptoPunks #5406 | $143,877.09 |
| CryptoPunks #5335 | $141,559.55 |
| CryptoPunks #2685 | $141,200.36 |
CryptoPunks #8796 marks the best worth of $191,472.92. CryptoPunks #3259, and CryptoPunks #5406 comply with with $148,803.08 and $143,877.09, respectively. CryptoPunks #5335, with $141,559.55, is the one with the fourth highest worth, and CryptoPunks #2685, with $141,200.36, is the fifth highest.
8. Web3, Blockchain & Crypto Funding Evaluation
8.1. Crypto Fundraising Development
| Week | Funds Raised | Variety of Fundraising Rounds |
| Might 20 – 26, 2024 | $245.00M | 27 |
| Might 13 – 19, 2024 | $157.40M | 30 |
As per this week’s crypto fundraising development, from Might 20, 2024 until now, practically $245.00M have been raised. Within the earlier week, between Might 13 and 19, 2024, solely $157.40M was raised. Clearly, the fund raised this week is a minimum of 87.6M greater than the fund raised earlier week.
8.2. Most Lively Traders This Week
OKV Ventures, Laser Digital, No Restrict Holdings, Haun Ventures, and DuckDAO are essentially the most lively traders this week, primarily based on Offers.
| Traders (or Fund’s Identify) | Offers (19 Might – 24 Might, 2024) | Investments | Lead Investments |
| OKV Ventures | 4 | 3 | 1 |
| Laser Digital | 3 | 2 | 1 |
| No Restrict Holdings | 2 | 2 | 0 |
| Haun Ventures | 2 | 1 | 1 |
| DuckDAO | 2 | 2 | 0 |
OKV Ventures shows the best variety of offers of 4. Laser Digital and No Restrict Holdings comply with with 3 and a pair of offers respectively. Haun Ventures and DuckDAO file 2 offers every. Among the many prime 5 most lively traders, a minimum of three register lead funding. OKV Ventures, Laser Digital and Haun Ventures mark one lead funding every.
8.3. Crypto Fundraising By Class
Blockchain Infrastructure, Blockchain Providers, CeFi, Chain, DeFi, GameFi, NFT and Social are the classes raised funds this week.
| Class | Variety of Fundraising Rounds (Might 20 – 26, 24) | Funds Raised |
| Blockchain Infrastructure | 2 | $22.00M |
| Blockchain Service | 5 | $12.70M |
| CeFi | 1 | $9.50M |
| Chain | 5 | $27.90M |
| DeFi | 7 | $17.90M |
| GameFi | 4 | $5.00M |
| NFT | 1 | N/A |
| Social | 2 | $150.00M |
Social, with a $150.00M fundraised, is the best fund raised class this week. Chain, Blockchain Infrastructure, and DeFi are adopted by $27.90M, $22.00M, and $17.90M, respectively. Blockchain Providers, CeFi, and GameFi, present $12.70M, $9.50M, and $5.00M funds raised, respectively.
8.4. Prime Crypto Funding Places
Aside from the undisclosed class, the US, Cayman Islands, Greece, and Russia are the highest crypto funding places, on the premise of funds raised.
| Funding Location | Funds Raised (Might 19 – 24, 2024) | Funds Raised % | Variety of Rounds |
| America | $162.00M | 66% | 5 |
| Undisclosed | $58.40M | 24% | 20 |
| Cayman Islands | $10.00M | 4% | 1 |
| Greece | $7.70M | 3% | 1 |
| Russia | $6.90M | 3% | 1 |
America, which accounts for round 66% of the whole funding raised, is the highest funding location this week; the whole quantity it raised is round $162.00M. The undisclosed class accounts for practically 24%, adopted by $58.40M in funds raised. Curiously, the Cayman Islands, Greece and Russia mark $10.00M, $7.70M, and $6.90M funds raised, respectively.
8.5. Most Lively Crypto VC Jurisdictions
The US, Singapore, the UK, China and Seychelles are essentially the most lively crypto enterprise capital jurisdictions.
| Crypto VC Jurisdiction | Variety of Tasks (Might 19 – 24, 2024) |
| The US | 57 |
| Singapore | 13 |
| The UK | 8 |
| China | 8 |
| Seychelles | 5 |
Among the many most lively crypto enterprise capital jurisdictions, The US has the best variety of initiatives of 57. Singapore and The UK comply with with 13 and eight initiatives, respectively. China additionally information 8 initiatives, and Seychelles registers 5 initiatives.
9. Internet 3, Blockchain & Crypto Hack Updates
The entire worth hacked is $7.9B. The entire worth hacked in DeFi is $5.96B, and whole worth hacked in Bridges is $2.83 billion.
| Complete Worth Hacked | $7.9B
Complete Worth Hacked in DeFi$5.96BComplete Worth Hacked in Bridges $2.83B |
| Undertaking Identify | Quantity Misplaced | Date |
| Gala | $22M | 20 Might, 2024 |
| ALEX | $23.9M | 16 Might. 2024 |
| pump.enjoyable | $2M | 16 Might, 2024 |
| Sonne Finance | $20M | 15 Might, 2024 |
Gala, ALEX, pump.enjoyable and Sonne Finance are the highest 4 mission hacks reported this month. The Sonne Finance hack is the primary reported this month. On this hack reported on fifteenth Might, 2024, the mission misplaced practically $20M. ALEX and pump.enjoyable have been reported on sixteenth Might. Within the ALEX hack, practically $23.9M was misplaced. It’s the greatest hack reported this month when it comes to quantity misplaced. Within the pump.enjoyable hack, solely $2M was misplaced. It’s the smallest hack this month when it comes to quantity misplaced. The Gala hack, reported on twentieth Might, during which Gala misplaced over $22M, is the most recent hack reported.
Endnote
This report supplies a complete evaluation of the present efficiency of varied blockchains and cryptocurrencies, together with Bitcoin, Altcoins, Stablecoins, AI Cash, Memecoins and Metaverse. It highlights trending cash, prime gainers and losers, and delves into Crypto ETFs comparable to Bitcoin Spot ETFS, Bitcoin Futures ETFs, and Ethereum Futures ETFs. Moreover, it examines centralised, decentralised, and derivatives crypto exchanges, DeFi protocols, and NFT marketplaces. The report additionally covers crypto fundraising actions, outstanding traders, key funding places, and notable crypto hacks reported these days.
