ChainCatcher news, according to The Block, Hoolie Tejwani, head of Coinbase Ventures, stated in an interview with The Block that the company expects to be "very active in 2025 and beyond" and is prepared to seize market opportunities. Coinbase Ventures is optimistic about constructive regulatory progress in the U.S., believing that the supportive Donald Trump administration and the new Congress will drive this process forward.Tejwani pointed out that Coinbase Ventures will continue to invest broadly in the on-chain economy, focusing on "the time and energy invested by the best and brightest builders." The company is optimistic about the development of the application layer, believing that the maturity of infrastructure makes internet-scale applications feasible, with a focus on stablecoin payments and finance, the intersection of crypto AI, on-chain consumer applications (such as social, gaming, and creator applications), and DeFi innovations.At the same time, Tejwani stated that Coinbase Ventures has not completely abandoned the infrastructure layer, as there are still unresolved challenges and new opportunities in the tools space.

ChainCatcher news, the DeFi application layer Rujira stated in its official blog: "Rujira has successfully raised $7 million from a group of early investors who engaged shortly after the merger announcement. With this funding, we are capable of executing our plans without the need for additional capital at this time. In the future, if necessary, we will be able to obtain additional funds through over-the-counter transactions to further support the development of Rujira. The completion of this round of financing also clears a key hurdle for the RUJI TGE, which is currently expected to take place in February next year. As always, this timeline is for reference only and may be subject to change."According to the Web3 asset data platform RootData, Rujira is a powerful application layer on THORChain, integrating DeFi tools and dapp suites, benefiting from a strong liquidity ecosystem and significant trading volume. It is driven by a partnership between Kujira, Levana, and THORChain, known as the Rujira Alliance.

ChainCatcher news, Zhu Su posted on social media that due to technologies like Claude and Cursor, the cost of developing software is rapidly approaching zero, which is very beneficial for the application layer in the crypto space.

ChainCatcher news, Rooch Network, is a native application layer based on the Bitcoin ecosystem, focusing on empowering the Bitcoin ecosystem through a unique stackable L2 architecture and MoveVM, dedicated to achieving non-custodial native Bitcoin applications and BTC yield. The first developer bootcamp of Rooch successfully concluded in August, with a month-long course attracting 121 participants, of which 35 graduated successfully and shared a $100,000 ROOCH reward.During the bootcamp, an online mini hackathon gathered 9 innovative projects, covering various fields such as DeFi, GameFi, and developer tools. Ultimately, five projects, including PuzzleFi, Surge Wallet, and Rooch Anki, stood out, showcasing the limitless potential of the Rooch ecosystem. The official team will continue to support the growth of these projects.This event marks an important step for Rooch in building the application layer of the Bitcoin ecosystem, laying a solid foundation for future innovative development.

ChainCatcher news, the Bitcoin native application layer Rooch Network has officially established a strategic partnership with Nubit. Rooch Network will integrate Nubit DA into its nodes, making it an out-of-the-box option for all Rooch Network validators, jointly enhancing the security and scalability of the Bitcoin ecosystem. In addition, Rooch Network and Nubit will co-develop a Bitcoin-native, easy-to-program CSV asset protocol, bringing new possibilities to the Bitcoin ecosystem. Rooch Network and Nubit will also launch a joint testnet event, providing users with the opportunity to experience and interact with both parties.

ChainCatcher news, the Bitcoin native application layer Rooch Network has officially reached a strategic cooperation with Babylon. Rooch Network will utilize Babylon's BTC staking and timestamp protocol to enhance its PoS security and conduct fraud-proof arbitration through the Babylon chain.In addition, Rooch Network will contribute innovative application cases for BTC staked on Babylon. Through Rooch Network's State-binding mechanism, Rooch will bring additional value to the Babylon community.

ChainCatcher message, Rooch Network is the native application layer of the Bitcoin ecosystem, implemented based on a stackable Layer 2 solution, dedicated to providing a one-stop platform for Bitcoin asset issuance and Bitcoin application infrastructure for users and developers.Rooch Network has officially launched the V0.5 testnet, available for developers to deploy their experimental applications. At the same time, Rooch Portal has also officially launched, which will become a key tool for the community to explore the Bitcoin ecosystem. It is equipped with a complete set of Bitcoin-native features, including deployment, minting, trading Bitcoin assets, as well as transferring them off-chain for use in applications, or transferring them on-chain to store them on the Bitcoin network.Rooch Network has announced a new version of the roadmap, which will soon launch a quasi-mainnet for developers and the community to collaboratively build the Rooch ecosystem. Additionally, Rooch Network has initiated an early builders program for developers and a writing competition for the community, where participating developers and users can receive ROOCH token airdrops.

ChainCatcher news, the on-chain asset management protocol Range Protocol announced the launch of the intent-driven universal application layer Skate. Additionally, Range Protocol co-founder and CEO Siddharth Lalwani stated on the X platform that Range Protocol will gradually evolve into Skate Chain, and his social media profile has now been updated to "Skate co-founder and CEO."Skate aims to address the issue of application fragmentation in a multi-chain environment, serving as a single hub for on-chain code deployment. In addition to the underlying interoperability network, Skate will connect with other blockchains through a Fast Finality Network protected by EigenLayer's Active Verification Services (AVS), enabling intent-driven cross-chain instant settlement. Skate is set to launch its mainnet in 2024, with a testnet activity featuring incentive mechanisms rolling out to community members in the coming months.Previously reported, the on-chain asset management protocol Range Protocol completed a $3.75 million seed round financing last September, co-led by HashKey Capital and Nomad Capital.

ChainCatcher news, according to Decrypt, the NFT application layer Moongate has completed a $2.7 million seed round financing, led by Titan Fund under CMCC Global, with participation from Token Bay Capital, Penrose Ventures, RNR Capital, Cogitent Ventures, GBV, PHD Capital, and angel investors such as Coingecko, Synthetix, and Dolphin Browser. In addition, ecosystems like Arbitrum, Polygon, Avalanche, and BNB Chain have also provided support.It is reported that Moongate's flagship product, a decentralized ticketing and membership platform, has successfully attracted over 100,000 active users and established partnerships with major brands such as Wonderfruit, ComplexCon, SiamPiwat, and Binance. The platform is preparing to launch a V2 upgrade, which will include a points system and plans to issue tokens this year.

ChainCatcher news, during the main event "The Future of Tokenization" at the 2023 Hong Kong Web3 Carnival, Xiao Feng, Chairman of Wanxiang Blockchain and HashKey Group, delivered a closing keynote speech titled "The Three-Token Model of Web3 Applications." He stated that the applications of Web3 will inevitably meet various demands. The token model at the application layer of Web3 is different from that of the underlying protocol. The underlying protocol is a single-token model that should be unified globally, while the application protocol is a three-token model, with each application scenario having its own characteristics. In the three-token model, the first is NFT (value of data, products, and services), the second is functional Token (value of usage rights), and the third is security Token (value of ownership, which is equity value).