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."

ChainCatcher news indicates that according to the official website, Coinbase Wallet now supports the import of OKX Web3 Wallet. OKX Web3 users can use Coinbase Wallet to mine on-chain hotspots, explore various DApps, and earn rewards from activity tasks.It is reported that Coinbase Wallet is a non-custodial wallet launched by Coinbase, designed for storing, managing, and trading various crypto assets, aiming to redefine what users expect from a crypto wallet. The OKX Web3 Wallet is an industry-leading one-stop Web3 entry point, now supporting over 100+ public chains and providing a unified experience across app, plugin, and web platforms.

ChainCatcher news shows that on-chain data indicates that the transaction volume of Ethereum on-chain DApps exceeded $200 billion in the past 30 days, reaching $200.9 billion, with significant expansion in the L2 ecosystem:The on-chain transaction volume of Arbitrum rose to $52.4 billion, an increase of 94%;The on-chain transaction volume of Blast rose to $51.1 billion, an increase of 62%;The on-chain transaction volume of Base rose to $18.4 billion, an increase of 57%. In contrast, both BNB Chain and Solana experienced a decline of 27% in on-chain transaction volume during the same period. Additionally, the TVL of stablecoins on Ethereum remains stable at 17.7 million ETH, roughly unchanged from a month ago.