ChainCatcher message, according to monitoring by The Data Nerd, an address suspected to belong to Arrington Capital withdrew 3,884 ETH (approximately 15.32 million USD) from Binance 2 hours ago, and subsequently, the address transferred all of this ETH to Etherfi for staking.

ChainCatcher news, the DePIN digital resource network infrastructure Titan Network announced the completion of its seed round financing. This round of financing was led by Arrington Capital, with several well-known investment institutions including DePINX participating. This financing will further promote Titan Network's technological research and development and global market expansion in the DePIN field.As an innovator in the decentralized infrastructure network sector, Titan Network is committed to building an open, efficient, and secure digital resource network that matches idle resources in the community with global demand.Industry insiders speculate that due to the rapid growth in demand for decentralized solutions, the next trillion-dollar company could be a DePIN giant similar to Amazon's AWS cloud services.

ChainCatcher news, according to The Block, the blockchain oracle service RedStone has completed a $15 million Series A funding round, led by Arrington Capital, with participation from Kraken Ventures, White Star Capital, Spartan Group, Amber Group, SevenX Ventures, and IOSG Ventures, as well as angel investors including Smokey the Bera and Homme Bera from Berachain, Mike Silagadze from Ether.Fi, Jozef Vogel and Rok Kopp, and Amir Forouzani, Jason Vranek, and Christina Chen from Puffer Finance.It is reported that RedStone is a blockchain oracle, similar to popular oracles like Chainlink and Pyth Network, but based on a modular design.

ChainCatcher news, the cross-chain messaging protocol Glacis Labs announced the completion of a $2.1 million seed round financing on platform X, led by Arrington Capital and Paper Ventures, with participation from Bitscale Capital, Protagonist, Edessa Capital, as well as angel investors Collion Myers, Luke Youngblood.eth, and Steven Kokinos. Valuation information has not been disclosed.According to the Web3 asset data platform RootData, Glacis is a protocol that enables developers to simplify, secure, and manage their cross-chain applications. Developers are shifting from single-chain deployments to multi-chain deployments to cover as many users as possible. By leveraging Glacis to aggregate cross-chain General Messaging Protocols (GMPs), such as Axelar, Wormhole, and LayerZero (commonly referred to as bridges), developers can define routing and security logic for their cross-chain applications.

ChainCatcher news, the Aptos ecosystem decentralized trading platform Merkle Trade has completed a $2.1 million seed round financing, led by Hashed and Arrington Capital, with participation from Morningstar Ventures, Amber Group, Aptos Labs, Re7 Capital, and Dorahacks. This round of financing will take place after the platform's launch at the end of 2023, and the funds will be used for the protocol's growth plans.According to the RootData page, Merkle Trade is the first gamified perpetual decentralized exchange built on Aptos. The platform aims to become the largest decentralized leverage trading hub, emphasizing user-friendliness and accessibility.

ChainCatcher news, the ZK native blockchain protocol QED has announced the completion of a $3 million financing round, led by Arrington Capital, with participation from several renowned venture capital firms and companies including Starkware, Draper Dragon, Blockchain Builders Fund, Lbk Labs, Paper Ventures, Valhalla Capital, Edessa Capital, and Anagram Ltd. QED aims to revolutionize Bitcoin by combining the scalability of zero-knowledge (ZK) proofs with the liquidity and security of Bitcoin (BTC).It is reported that QED aims to address many of the shortcomings currently faced by Web3, including the challenges of building on blockchain, scalability issues, and poor user experience. As the world's first horizontally scalable blockchain, it benefits from more network nodes to increase throughput and allows any Web2 developer to write QED smart contracts using popular programming languages like Javascript and Python.

ChainCatcher news, Arrington Capital founder Michael Arrington stated on Twitter that he will no longer serve as a board member of the new Celsius company, and Arrington Capital investor and advisor Ravi Kaza will take over.It is reported that this comes just 13 days after he agreed to join the board of the Delaware company formed by Celsius. Michael Arrington indicated that the reason for his departure was disagreement with some decisions made regarding the board's bylaws, particularly the decision regarding board observers.

ChainCatcher news, Reaper Finance CEO Patrick L. Riley tweeted that the digital asset investment management company Arrington Capital has submitted a hedge fund application based on XRP to the U.S. Securities and Exchange Commission (SEC).According to the application information, the hedge fund is named "Arrington XRP Capital," which is a multi-strategy hedge fund investing in early-stage venture capital and public markets.In addition, TechCrunch, CrunchBase, and Arrington Capital founder Michael Arrington posted a photo with Ripple CEO Brad Garlinghouse on Twitter today. (source link)

Message, the application chain infrastructure protocol Tanssi Network announced by the team behind Moondance Labs has completed a $3 million seed funding round, led by Arrington Capital, with participation from Borderless Capital, HashKey Capital, D1 Ventures, Hypersphere, C² Ventures, and Jsquare. The Tanssi Network testnet is expected to launch later this year, with the mainnet set to go live in 2024.Tanssi Network stated, "It provides permissionless infrastructure tools and services designed to make application chain deployment secure, efficient, and developer-friendly. Additionally, the Tanssi protocol can benefit from the shared security and native interoperability of the Polkadot relay chain." (Source link)

ChainCatcher news, according to official sources, former BitMEX Chief Product Officer and Head of Derivatives Bhavik Patel has joined Arrington Capital as Chief Investment Officer to strengthen Arrington Capital's liquidity and trading-related business. (Source link)