Crypto Market Surges: TVL Soars, Fundraising Hits $201M, and New Tech Unveiled

Crypto Market Surges: TVL Soars, Fundraising Hits $201M, and New Tech Unveiled

The cryptocurrency market is buzzing with activity as Total Value Locked (TVL) on L2 Beat has surged to $9.88 billion, up from $9.52 billion yesterday. Leading the charge, Arbitrum's TVL stands at $3.19 billion, reflecting a daily increase of 3.60%. Base follows with a TVL of $1.70 billion, marking a 3.98% rise. Blast has also shown growth, with its TVL reaching $1.20 billion, a 1.99% uptick. Scroll and Optimism have recorded TVLs of $756.06 million and $730.51 million, with respective increases of 3.69% and 3.43%.

Bitcoin (BTC) is trading at $67,520, up from $65,711 yesterday. Ethereum (ETH) has also seen an uptick, now priced at $3,253 compared to $3,177 yesterday.

In the fundraising landscape, today's total stands at $22.00 million. The biggest rounds include aPriori securing $8.00 million, OpenSocial raising $6.00 million, and Kintsu obtaining $4.00 million. This brings the cumulative fundraising over the current week to an impressive $201.21 million.

Ledger has unveiled a new E Ink touchscreen Flex Wallet. This hardware wallet aims to 'secure a world that’s embracing AI,' providing 'Proof of You,' according to the firm.

Upland has announced the grand opening of Paris in the Metaverse, coinciding with the city's hosting of this year's Olympics. This launch aims to enhance accessibility and excitement for city openings. Alongside Paris, Upland is introducing the Starter City of Saint-Denis.

Cosmos Hub has proposed a 1 million ATOM allocation to Hydro, an interchain auction platform for liquidity exports. This draft governance proposal aims to enhance liquidity within the ecosystem.

OpenAI has launched SearchGPT, an AI-powered search engine poised to challenge established giants like Google.

This week has seen groundbreaking deals worth $231 million, forging the future of crypto, gaming, and AI. These six collaborations and investment transactions have sparked significant interest in the cryptocurrency and Web3 space.

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