ChainCatcher news, the Solana Foundation has announced that it has signed a Memorandum of Understanding (MOU) with the Dubai Virtual Assets Regulatory Authority (VARA). The two parties will collaborate on talent development, data sharing, founder workshops, and advisory discussions, and support the establishment of a Solana economic zone in Dubai.

ChainCatcher news, Kraken announced a strategic partnership with tokenized stock issuer Backed and the Solana Foundation to jointly launch xStocks, aimed at providing global investors with tokenized investment opportunities in U.S. stocks and ETFs.xStocks will initially deploy digital forms of U.S. listed stocks and ETFs based on SPL on the Solana blockchain, with the first batch of tokenized assets available to selected qualified customers in non-U.S. markets through the Kraken application.Kraken's Global Consumer Head Mark Greenberg stated, "We are reimagining stock investing by providing an open, instant, and borderless investment experience through blockchain technology."

ChainCatcher news, Bitcoin's native liquidity layer Yala officially announces that its core asset $YU has officially launched on the Solana mainnet, marking an important milestone in its multi-chain liquidity strategy for Bitcoin. Following the mainnet launch on May 16, Yala is accelerating its ecological layout for the "ultimate liquidity layer for Bitcoin."Through this integration, BTC holders can use BTC as collateral to mint $YU and directly utilize it in Solana's high-performance DeFi ecosystem, participating in low-cost, composable on-chain yield opportunities while maintaining long-term exposure to Bitcoin.This deployment has also received official support from the Solana Foundation, and both parties will collaborate on cross-chain compatibility, technical integration, and developer ecosystem incentives to further promote the native release of Bitcoin liquidity on the Solana network.Officials stated that Solana's scalability and ecological activity provide an ideal scenario for the release of Bitcoin liquidity. Next, Yala will successively launch targeted incentive programs for LPs and traders, deep integration cooperation with Solana protocols, as well as community activities and early contributor reward mechanisms.This launch is an important starting point for Yala's cross-chain strategy, and more ecological incentives and integration plans will be rolled out this summer. Yala will also engage and showcase at this week's Solana Accelerate conference.

ChainCatcher message, according to SolanaFloor, the Solana Foundation has launched a new policy to strengthen decentralization: for each new validator added to its Delegation Program, if certain validators have been eligible for Solana Foundation delegation on the mainnet for at least 18 months and have less than 1000 SOL staked outside of the Solana Foundation delegation, three of them will be removed. This change aims to reduce reliance on foundation delegation, encourage community-supported validators, and maintain a more efficient and decentralized network.

ChainCatcher news, according to an official tweet, the Solana ecosystem liquidity re-staking protocol Fragmetric announced that it has received a grant from the Solana Foundation. The project aims to establish a new standard for liquidity re-staking. Fragmetric officially stated that this move will benefit all participants in the re-staking ecosystem.Previous report, the Solana ecosystem re-staking protocol Fragmetric completed a $5 million strategic financing round, led by Rockaway Capital, with participation from Robot Ventures, Amber Group, Hypersphere, and BitGo.

ChainCatcher news, Perena founder and former head of stablecoin operations at the Solana Foundation, Anna Yuan, posted on X: "Forever grateful to the angels (investors) who funded Perena today. Fundraising on a day like this is only suitable for those with a 'stable' mindset." Previously, it was reported that Perena completed approximately $3 million in Pre-Seed funding in December, led by Borderless Capital, with participation from Binance Labs, Primitive Ventures, ANAGRAM, Maelstrom, Breed VC, Temporal, ABCDE Labs, SevenX Ventures, Pivot Global, Miton, Graph Ventures, and others.

ChainCatcher news, according to official sources, the Solana Foundation has initiated the SIMD-0215 proposal, aimed at scaling Solana's infrastructure to billions of user accounts. This proposal adds a new hash, called "Accounts Lattice Hash."It is reported that the "Accounts Lattice Hash" uses homomorphic hashing to maintain the hash of the entire account state, allowing for quick updates while being secure, enabling:(1) each block to include the hash of all accounts, not just the accounts that changed in that block, and(2) the removal of Epoch Accounts Hash.

ChainCatcher news, according to Cointelegraph, Solana Foundation's strategic head Austin Federa has left the project to co-found a new protocol and network called DoubleZero, aimed at managing high-performance, permissionless networks.In a statement on X on December 4, Federa said that leaving Solana after four years was "one of the hardest career decisions I had to make," but the new role will allow him to still engage with the network "from a different perspective."According to Federa, his new project DoubleZero is not an L1 or L2 protocol, but a new type of global foundational layer network optimized for blockchain, designed to increase bandwidth and reduce latency.

ChainCatcher news, according to official sources, the Solana re-staking protocol Fragmetric has completed its Builder round of financing, with investors including Solana founder Anatoly Yakovenko, Solana Foundation chair Lily Liu, Jito Labs founder Lucas Bruder, Backpack founder Tristan, and Wintermute co-founder Yoann Turpin among others.Fragmetric has launched the SANG system: SolanA Network Guard, providing users with a convenient and fair path to participate in re-staking, ensuring the security and stability of the Solana network by integrating SOL and LST.

ChainCatcher news, the first Web3 game social platform based on Telegram Bot in the Solana ecosystem, LOScoin, announced the completion of a $2 million financing round. This round was led by the Solana Foundation, with participation from well-known institutions such as CMS Holdings, Impossible Finance, Yield Guild Games (YGG), and Monad.The token of the LOScoin project, LOS, is issued on the innovative protocol launch platform AI_MINT on the Solana chain, receiving strong support from AI_MINT CEO Keone Hon.LOScoin_Games is dedicated to deeply integrating Web3 innovative interactive experiences with the enthusiasm of the LOScoin MEME community, building a highly interactive, fun, and economically active DAO community to bring users a brand new gaming and social experience.

ChainCatcher news, the Solana Chinese community Solar and the Solana Foundation will hold the Solana Hong Kong Startup Village in Hong Kong from October 9 to October 16, 2024. This event is co-hosted by the Web3 education platform HackQuest and supported by Hong Kong Cyberport. The Solana Hong Kong Startup Village will select 30 entrepreneurs from the Solana ecosystem within the Chinese-speaking region for a week-long Co-build, Co-live event.The event is also supported by several local Web3 companies and universities in Hong Kong, including OKX, Gate.io, Metalpha, Animoca Brands, ScalingX, Hong Kong University of Science and Technology, SOON, and SONIC. Selected Solana ecosystem entrepreneurs will have the opportunity to engage in face-to-face discussions with Solana Foundation staff and founders of leading ecosystem projects, visit local Web3 companies and investment institutions, and explore potential collaboration opportunities. This event is part of Solana's ecosystem building for founders in the Asia-Pacific region and marks the first time Solana Startup Village enters the Chinese-speaking region. Solana will also host the Solana Hong Kong Hacker House from October 24 to October 26.

ChainCatcher news, HackQuest will collaborate with Solar and the Solana Foundation to jointly launch the Solana Founders Fellowship, which will take place during the Solana Radar Hackathon. The Fellowship will start on September 20 and end on October 12, with rolling applications accepted during this period. The entire program will provide in-depth guidance to participants in areas such as technology, financing, and ecosystem support through multiple closed-door Office Hours and Workshops. The mentor team consists of members from the Solana Foundation and top project founders within the ecosystem, including Backpack co-founder Can Sun, Jupiter co-founder Siong, Drift co-founder Cindy, STEPN CRO Mable, Sonic co-founder Chris, Jambo co-founder James, Solayer core contributor Jason, Colosseum APAC head Cris, and SOON co-founder Joanna, among others. This session of the Fellowship Program will select 20 teams from the Chinese-speaking region. It is reported that this is the second Founders Fellowship Program organized by HackQuest in collaboration with Solana. In the first Fellowship, five teams won the Solana Global Hackathon Grand Prize, and several teams successfully secured follow-up funding.In addition, well-known investment institutions such as Coinfund, OKX Ventures, IOSG Ventures, Animoca Brands, SevenX Ventures, HashKey Capital, Find Satoshi Lab, Hash Global, and Gate Ventures will participate in Demo Day, providing project support and feedback. Teams selected for the Fellowship will also have the opportunity to receive a Travel Grant and be prioritized for selection in the Solana Hong Kong Founders House and to participate in the subsequent Solana X HackQuest Founders Bootcamp.Registration link: https://xsxo494365r.typeform.com/to/YB6H88tp

ChainCatcher news, Borderless Capital has launched its third DePIN fund, which has received $100 million in support. Investors in the fund include the blockchain Peaq, which focuses on DePIN, as well as the Solana Foundation and Jump Crypto.Borderless Capital partner Álvaro Gracia stated, "DePIN will become the global standard for deploying physical infrastructure, coordinating human resources, and creating billions of dollars in passive income, while providing users with convenient access and lower costs."

ChainCatcher news, according to The Block, ZKsync developer Matter Labs has hired former Solana Foundation Vice President of Marketing Meghan Hughes as its new Chief Marketing Officer.It is reported that Hughes previously worked at companies such as Google, Layer, and Box, and helped Box grow from its startup phase to its initial public offering. She has also held significant marketing positions at Facebook, Niantic, and Stripe.