ChainCatcher news reports that the Bitcoin ecosystem AVS platform Pell Network has announced the completion of a $3 million Pre-Seed funding round. This round was co-led by Halo Capital, Mirana Ventures, and Paper Ventures, with participation from ArkStream Capital, Caliber Venture Builder, Cogitent Ventures, and Contribution Capital.It is reported that Pell Network is a fully-chain, composable, adaptive decentralized verification service network based on re-staking technology. With the completion of the funding, Pell Network's testnet has officially launched.According to RootData, Pell Network aims to create a decentralized token economy security leasing platform for the Bitcoin ecosystem. By building a network that aggregates native BTC stake and LSD re-staking services, it allows stake holders to choose verification for new software modules built on the Pell Network ecosystem.

ChainCatcher news, Bitcoin liquidity protocol and stablecoin issuer Yala announced that it has launched its testnet, allowing users to deposit MetaMint YU, manage their positions, and stake their YU to earn BERRIES points.Previous news, Yala completed a $8 million seed round financing, led jointly by Polychain Capital and Ethereal Ventures.

ChainCatcher news, Bitcoin Layer2 project Bitlayer has completed a $9 million A+ round financing with a valuation of $300 million. This round was led by Polychain Capital, with Franklin Templeton co-leading, and participation from SCB Limited, Selini Capital, G-20 Group, and other investors.Bitlayer co-founder Charlie Hu revealed that this round of financing started in early August and concluded last week. Just three months ago, the company had completed a $11 million Series A financing.Like the previous Series A financing, Bitlayer's A+ financing uses a Simple Agreement for Future Equity (SAFE) structure, accompanied by token warrants, with a valuation of $300 million, which includes both equity valuation and fully diluted token valuation. The latest round of financing brings Bitlayer's total funding to $25 million.

ChainCatcher news, Oak Grove Ventures announced an investment in the Bitcoin ecosystem oracle service provider APRO Oracle. Participants in this round of financing for APRO Oracle also include Polychain, ABCDE, Franklin Templeton, CMS Holdings, Comma3 Ventures, UTXO Ventures, Presto Labs, and others.APRO Oracle provides high security and fast response services covering over 15 public chains and more than 140 types of assets. Its Oracle 3.0 platform combines Bitcoin-level security with cutting-edge technology, serving multiple ecosystems such as TON Blockchain, Scroll ZKP, BNB Chain, and Mantle, while maintaining a leading position in the field of Bitcoin-native services.Oak Grove Ventures is a Singapore-based fund focused on early investments in the cryptocurrency and Web3 space, having successfully supported over 50 projects and 12 funds. This investment demonstrates confidence in APRO Oracle's potential to drive Bitcoin liquidity and decentralized applications, and is expected to accelerate the adoption of secure and efficient oracle services in the multi-chain ecosystem.

ChainCatcher news, Bitcoin ecosystem oracle APRO Oracle has completed a $3 million seed round financing, led by Polychain, ABCDE, and Franklin Templeton, with participation from CMS Holdings, Comma3 Ventures, UTXO Ventures, Oak Grove Ventures, Presto Labs, and others.It is reported that APRO Oracle aims to bring liquidity to the Bitcoin ecosystem.

ChainCatcher news, Slow Mist founder Yu Xian posted on X platform citing ScamSniffer's official tweet stating, "A phishing gang in the TON ecosystem is preparing to shut down, claiming that they believe there are no whale players in TON and that it is a small community. They have turned to the Bitcoin ecosystem, being too realistic. It may also be that this gang is not smart enough."

ChainCatcher news, APRO Oracle announces seamless integration with the TON blockchain, providing TON developers with stable and efficient real-time price data, driving innovation and development in its decentralized finance (DeFi) projects.APRO Oracle's technology offers multi-layered guarantees to ensure high reliability of data under asynchronous conditions. This collaboration will help TON ecosystem developers build unique decentralized applications, supported by efficient, low-latency price data, aiding TON in attracting more users into its decentralized ecosystem.

ChainCatcher news, according to BlockchainNews, the digital asset financial services platform MatrixPort has reached a comprehensive strategic partnership with the Bitcoin scaling solution exSat. They will leverage their respective strengths to accelerate the development and application of the Bitcoin ecosystem, ushering in a new era for Bitcoin. Between $300 million to $600 million in BTC TVL liquidity is set to arrive at exSat, potentially creating a new record for Bitcoin ecosystem TVL.MatrixPort's expertise and user base will support the rapid development of exSat, while exSat's innovative technology will provide MatrixPort users with more investment options and experiences. Both parties are committed to promoting the adoption and practicality of Bitcoin, revitalizing the Bitcoin ecosystem, and creating more value for global users.

ChainCatcher news, BTA Protocol announced the completion of a $1.5 million Series A financing round, led by Athena Ventures, with participation from RippleBank, CoinIX, Swiss Fund, Vessel Capital, Seed Club Ventures, Hulif Fund, Three M Capital, Faculty Capital, CoinVisionary, and others.It is reported that BTA Protocol is a decentralized ecological protocol based on BTC. BTA Protocol has applications such as staking protocol, liquidity protocol, range stability protocol (RSP), launchpool, and lending protocol.[Original link]

ChainCatcher news, the Bitcoin Layer2 project zkBTC Bridge under Lightec Labs has received grant funding support from the ICP Foundation. It is reported that zkBTC Bridge aims to utilize Zero-Knowledge Proof (ZKP) technology to build a decentralized bridge between Bitcoin and Ethereum. With this grant funding support, zkBTC will further advance its development work, committed to providing users with secure and efficient cross-chain solutions, and promoting the development of the Bitcoin Layer2 ecosystem.