ChainCatcher news, Zero Gravity Labs (0G Labs or 0GL) is a crypto AI startup dedicated to developing the infrastructure for decentralized AI systems. The company announced it has secured $290 million in new funding. This includes $40 million in seed funding raised by the lab and a $250 million token purchase commitment received by the 0G Foundation (the independent governing body of the 0G protocol).This round of funding was participated in by Hack VC, Delphi Digital, OKX Ventures, Samsung Next, Bankless Ventures, Animoca Brands and its co-founder Yat Siu, Polygon and its co-founder Sandeep Nailwal, Stanford Blockchain Fund, Abstract VC, Alchemy, Blockdaemon, Foresight Ventures, among others.0G Labs now describes itself as a crypto AI startup rather than a modular blockchain or data availability (DA) layer. 0G Labs co-founder Heinrich stated, "The previous narrative did not cover the entirety of our mission to build AI as a public good; DA is just one component of this puzzle, as are verifiable reasoning, training, and so on."0G Labs is building what is known as a decentralized AI operating system (dAIOS), aimed at enabling the development of on-chain AI applications.

ChainCatcher news, according to Arkham monitoring, a wallet holding over $250 million in Tether Gold belongs to RhinoFi.In the real world, this is almost equivalent to 3 tons of gold. Since these Tether Gold were transferred in, their value has increased by $90 million.

ChainCatcher news, according to the Snapshot governance page, Wintermute has initiated a proposal for 250 million ARB tokens, intended to support the Arbitrum Foundation in cultivating strategic partnerships.The proposal states that the strategic partnership program typically exceeds 2 million ARB tokens, with an average duration of 2.1 years. The proposal further emphasizes that the budget for strategic partnerships is already very tight compared to competitors like Starknet and Optimism.The current support rate for the proposal is 99.02%, with approximately 28% of the votes in favor cast by Wintermute.

ChainCatcher news, a man in his 30s in South Korea was arrested by the Korean police for defrauding 250 million won (approximately 187,000 USD) under the pretense of cryptocurrency mining investment.According to the Ulsan Southern Police Station, the suspect, identified as A, deceived investors from May 2021 to May this year by promising high returns of 3 to 4 times to members of interest groups.Investigations revealed that A did not use the funds for mining operations but instead used them to pay off personal debts, wedding expenses, and living costs. A has now been arrested by the police, and the case will be handed over to the prosecution for further handling.

ChainCatcher news, Arkham officials stated that the bankrupt cryptocurrency lending company BlockFi received nearly 250 million USDC from Coinbase Prime two days ago. Previously, BlockFi was approved by a U.S. court to repay 100% of customer funds.

ChainCatcher news, encrypted KOL artchick.eth (@digitalartchick) posted on X that every 30 days, Solana inflates by about 1 billion dollars, which is why the price of SOL performs mediocrely, but its market cap continues to hit all-time highs.In contrast, Ethereum inflated 160 million dollars in the past 30 days, while Bitcoin inflated 215 million dollars in the same period.In response, Solana validator node operator Laine refuted: "This claim is incorrect; Solana's 30-day inflation is about 250 million dollars, not 1 billion dollars, which is a 4-fold difference. Moreover, this is before the burn, and over time, this number will decrease."

ChainCatcher news, according to the official update from Bitwise, its spot Ethereum exchange-traded fund ETHW holdings data shows that as of this Friday, August 23, the ETHW holdings reached 94,557.01 ETH, with a market value exceeding 250 million dollars at 259,046,513.01 dollars, and the number of circulating shares is 13,180,000.

ChainCatcher news, according to Whale Alert monitoring, USDC Treasury minted 250 million USDC on the Solana chain at 4 AM today.

ChainCatcher news, according to the official announcement, Bitcoin mining company Marathon Digital Holdings, Inc. (NASDAQ: MARA) announced plans to issue $250 million in convertible preferred notes, subject to market conditions, targeting qualified institutional investors. The notes will mature in 2031, with interest paid semi-annually.MARA plans to use the raised funds primarily for purchasing Bitcoin and general corporate purposes, including working capital, strategic acquisitions, asset expansion, and debt repayment. This note issuance is not registered under U.S. securities laws or other jurisdictions and will be conducted solely through a private placement.

ChainCatcher news, according to Whale Alert monitoring, USDC Treasury minted 250 million USDC on the Solana chain around 19:58 Beijing time today.

ChainCatcher news, according to Whale Alert monitoring, USDC Treasury has completed the minting of 250 million USDC on the Solana chain around 20:12 Beijing time today.

ChainCatcher message, according to Whale Alert monitoring, about 3 hours ago, USDC Treasury minted an additional 250 million USDC on the Solana network.

ChainCatcher news, according to Lookonchain monitoring, in the past two days, Cumberland received 246.6 million USDT from Tether Treasury and deposited it into Kraken, Coinbase, and OKX.

ChainCatcher news, according to Whale Alert monitoring, USDC Treasury minted an additional 250 million USDC around 22:25 Beijing time today, worth approximately 250,325,000 USD.

ChainCatcher message, the EOS network has announced the launch of a 250 million EOS staking reward program as part of the network's improved tokenomics plan.Under the new reward program, 85,600 EOS will be allocated to stakers daily. The improved EOS staking program rewards early participants, with an initial APY of over 60%. More than 31 million EOS tokens will be distributed to stakers annually.

ChainCatcher news, according to Whale Alert monitoring, USDC Treasury minted 250 million USDC on the Solana network 2 minutes ago.

ChainCatcher news, according to HODL15Capital monitoring, as of June 21, the Hong Kong Bitcoin spot ETF holds 3,842 BTC, with AUM close to $250 million.

ChainCatcher news, according to Whale Alert monitoring, the USDC Treasury has minted an additional 250 million USDC.