ChainCatcher news, according to the latest research report from Syndica, the Solana ecosystem experienced significant growth in November, with on-chain revenue reaching $92 million and total DApp revenue hitting a historical high of $365 million. Among them, Pump.fun became the first DApp in Solana to exceed $100 million in monthly revenue, reaching $106 million, accounting for 26% of the ecosystem's total revenue. DeFi applications contributed 83.7% of the revenue, with meme coin applications generating over $500 million in annual revenue, a 305-fold increase from $600,000 in January. Telegram trading bot revenue doubled to $82 million, maintaining DEX trading volume at 4-5%.The DEX platform Raydium achieved $32 million in revenue in November, accounting for 86% of total spot DEX revenue, and repurchased $28 million (approximately 5.4 million) worth of RAY tokens to distribute to stakers. Jupiter set a new revenue record of $17 million through perpetual contract business, with 75% of the rewards going to JLP liquidity providers. Phantom wallet's annual revenue reached $91 million, while Solflare reached $31 million. The lending platform Kamino Finance saw its revenue hit a new high of $2.9 million, with 80% coming from lending activities. Payment infrastructure Helio's revenue grew sevenfold to $316,000.

According to ChainCatcher news reported by CoinDesk, Japanese social media giant Line plans to launch 30 blockchain-based mini Dapps (decentralized applications) early next year, covering gaming, social, DeFi, and AI chat features, with plans to expand the total to 150 by the end of the first quarter.This move aims to provide more blockchain services for its 196 million active users, drawing on Telegram's successful experience in Web3 gaming. Line has previously ventured into NFTs but failed to gain traction due to user experience and interface design issues; this time, it will refocus through blockchain games and practical features.

ChainCatcher news, according to CoinDesk, Japanese social media giant Line plans to launch 30 blockchain-based mini Dapps (decentralized applications) early next year, covering gaming, social, DeFi, and AI chat features, with plans to expand the total to 150 by the end of the first quarter.This move aims to provide more blockchain services for its 196 million active users, drawing on Telegram's successful experience in Web3 gaming. Line has previously ventured into NFTs but failed to gain popularity due to user experience and interface design issues; this time, it will refocus through blockchain games and practical features.

ChainCatcher news, Tido Capital announced today a rebranding, while revealing that its new funds will primarily invest in decentralized applications (DApps) with mass adoption potential, the TON ecosystem, and Kaia ecosystem projects.It is reported that Tido Capital has completed approximately 20 investments in 2024. The company's founder, Wade Ge, stated that the new fund structure will provide Tido with greater flexibility in managing follow-on investments and divestments to better adapt to market changes.

ChainCatcher message, Zhu Su posted on social media stating that a subtle view on why crypto venture capital funds infrastructure instead of applications is that good applications do not need venture capital (especially large party rounds) because they can achieve net profit very quickly and have lower building costs.

ChainCatcher news, according to a report by Messari, institutional investment in Solana-based applications surged to $173 million in the third quarter of 2024, an increase of over 54% compared to the previous quarter. Despite a 37% decrease in funding rounds, this amount set a record for the highest investment in Solana since the second quarter of 2022.

ChainCatcher news, OKX CEO Star posted on the X platform that RWA is just the beginning. In the future, all tradfi such as banks and insurance companies will move their services to dapps and blockchains, providing customers with a faster, more transparent, and easier experience. Cryptocurrency will consume the world.

ChainCatcher message, regarding offline authorization signatures like permit/permit2, Cobo co-founder and CEO Shen Yu posted on the X platform, "Under the call, at least provide a switch on dapps and plugin wallets."

ChainCatcher news, according to the official announcement, to further enhance wallet security, the OKX Web3 wallet will reduce the warning for long-term inactive DApp authorizations from 90 days to 30 days of inactivity, effective September 27, 2024. Currently, this feature supports the four major public chains: Ethereum, Polygon, TRON, and BSC. Users can experience this immediately by upgrading the OKX APP to version 6.84.0 or above.According to OKX Web3, users who regularly manage DApp authorizations can effectively enhance wallet security, further reduce asset risks, and prevent authorizations from being maliciously exploited.

According to ChainCatcher news, the official announcement states that to further enhance wallet security, the OKX Web3 wallet will reduce the warning for long-term inactive DApp authorizations from 90 days to 30 days of inactivity, effective September 27, 2024.Currently, this feature supports the four major public chains: Ethereum, Polygon, TRON, and BSC. Users can experience it immediately by upgrading the OKXAPP to version 6.84.0 or above. According to OKX Web3, users who regularly manage DApp authorizations can effectively enhance wallet security, further reduce asset risks, and prevent authorizations from being maliciously exploited.

ChainCatcher news, BNB Chain, which has the most active on-chain ecosystem globally, and UXUY, the first decentralized multi-chain wallet on Telegram, announced a partnership to integrate BNB Chain and Telegram through the excellent compatibility and scalability of the UXUY Wallet, taking a key step towards the mass adoption of Web3.The focus of this collaboration is to make Web3 more accessible, ensuring that users can seamlessly manage BNB using the UXUY Wallet, promoting the integration of 1,000 DApps into social scenarios. As of September 26, popular DApps such as PancakeSwap and Four.Meme have completed integration, significantly enhancing the accessibility and influence of BNB Chain.Kevin, the founder of UXUY, stated: "As a product incubated and invested by Binance Labs, UXUY is excited to collaborate with BNB Chain to contribute to the integration of BNB Chain and Telegram, becoming an important gateway linking Web3 and social scenarios. Future collaborations will expand in various areas, including social trading, the Meme ecosystem, DApp integration incentives, and Hackathon events."

ChainCatcher message, MetaMask posted on X stating that now, each DApp can stay on its own network, which means users can use multiple DApps without manually switching.Previously, MetaMask could only connect to one network at a time, and users had to constantly switch between DApps.

ChainCatcher news, the LayerZero Foundation announced a collaboration with a16z Crypto, Animoca Brands, Atrum, Delphi Ventures, Faction, Franklin Templeton, King River, Lightspeed, PayPal Ventures, and Spartan to launch the lzCatalyst program, aimed at providing a total investment of up to $300 million for new full-chain applications built around LayerZero.

ChainCatcher message, for confidential assets and private DApps, L1 blockchain Zano is collaborating with Confidential Layer, a privacy bridge that enables seamless interoperability between public and private blockchains. This collaboration allows users to retain their underlying assets, such as ETH or BTC, while enhancing related services with advanced privacy features. These projects can conduct secure and private transactions across different blockchain ecosystems.

ChainCatcher news, the developer community OpenBuild announced the winning projects of the ETH Shenzhen Hackathon main tracks. The winning project in the Innovative Dapps track is Nextmate.ai; the winning projects in the Source Tools / Infrastructure track are Ethereum Colored Address Protocol, Web3Insights, and Fat Preconf DApp; the winning projects in the xFi track are Mars protocol, Outrun, and UbiBank; the winning projects in the General track are ChainWhiz, Youbet Task, and Xfinder.This ETH Shenzhen Hackathon set up 4 main tracks and 5 Bounty tracks, with a prize pool of over $50,000, receiving sponsorship support from projects such as the Ethereum Foundation, Fuel Labs, Morph, Chainlink, Vara Network, SmartLayer, and Bifrost.

ChainCatcher news, according to Cointelegraph, Binance Labs' investment director Max Coniglio shared details about the company's recent investments and explained why the company is venturing into the field of artificial intelligence. Coniglio stated that one of their recent investment targets is to promote decentralized applications powered by artificial intelligence.Coniglio believes that if both artificial intelligence and blockchain are open source, they will thrive. Coniglio explained, "Artificial intelligence and blockchain are a powerful combination. Both rely on open-source innovation, challenge traditional regulations, and drive significant wealth creation. They complement each other by addressing challenges between them." Coniglio thinks that these two technologies fit together, with artificial intelligence improving the user experience of blockchain and enhancing decentralized systems; on the other hand, blockchain ensures authenticity, facilitates collaboration on open-source projects, and supports the computational needs of artificial intelligence.While these ideas sound promising in theory, Coniglio pointed out that those looking to leverage these technologies to build projects still face challenges. Coniglio stated that blockchain developers and projects must build solid products and sustainable businesses. He added, "To succeed, founders must master artificial intelligence technology and possess a sharp business acumen. Relying solely on new technology will not create a large-scale impact."