ChainCatcher news, the team behind the Solana ecosystem decentralized exchange platform Phoenix, Ellipsis Labs, announced the completion of a $20 million funding round, with participation from Haun Ventures, aimed at accelerating the launch of the layer two blockchain Atlas focused on verifiable finance. Haun Ventures described this funding round as a "quick follow-up" to Ellipsis Labs' $20 million Series A funding completed in April.According to Web3 asset data platform RootData, Ellipsis Labs completed a $20 million funding round in April this year, led by Paradigm and with participation from Electric Capital.

ChainCatcher message, according to the popularity index ranking data from the Web3 asset data platform RootData, as of September 20 at 9 AM, the top five projects in the Web3 popular projects Top 100 are: Hemi Network, Aleo, vana, Sonic (FTM), Deagent AI.In addition, Atlas has seen the largest ranking increase, rising a total of 711 positions.

ChainCatcher news, according to Blockworks, the DeFi protocol Phoenix on Solana has announced the launch of the Atlas testnet optimized for DeFi by its developer Ellipsis Labs.It is reported that Atlas uses the Solana virtual machine as the execution layer and utilizes the Ethereum mainnet for settlement, making it compatible with existing Solana programs. Ellipsis Labs stated that in the future, Phoenix will build a new version on Atlas.

ChainCatcher news, according to crowdfundinsider, federal regulatory bank Anchorage Digital has announced the launch of a new cryptocurrency settlement service called Atlas.It is reported that Atlas will be able to settle US dollars and cryptocurrencies, including over-the-counter settlements, over-the-counter margin/collateral management, and over-the-counter settlements. Atlas has already settled hundreds of millions of dollars in digital assets.

ChainCatcher message, Arbitrum announced that ArbOS Atlas Phase 2 is now live, and Arbitrum OnGas has been further reduced.

ChainCatcher news, Offchain Labs has submitted the ArbOS 20 Atlas AIP proposal to the Arbitrum community, with voting starting at 07:27 Beijing time on February 17 and ending at 07:28 on March 2.It is reported that this AIP proposes several improvements to Arbitrum, including the ability to publish batch L2 transactions on Ethereum in Blob form at a lower cost using EIP-4844, support for most changes included in the Ethereum Dencun upgrade, and two improvements for the batch release of Arbitrum One and Nova. The proposed ArbOS 20 Atlas upgrade will be available for adoption by any Arbitrum.

ChainCatcher news, the blockchain game Star Atlas has launched a game developer tool based on Solana, allowing other game creators to access its ecosystem and economy starting from the browser-based game by SAGE Labs, with free access to Star Atlas's images, audiovisual assets, Unreal Engine tools, APIs, and mainnet program IDs and addresses.Other features include new player profiles for customizing games, tools for conducting Solana transactions using ATLAS tokens instead of SOL, a system for managing token ownership and permissions, faction recruitment tools for other developers to use, and regulations for sending in-game tokens.

ChainCatcher news, the CEO of the Solana-based gaming metaverse Star Atlas, Michael Wagner, spoke in the community, attempting to increase revenue while attracting investors, and outlined the company's new vision, which includes a focus on creating lower-cost game projects. He expressed hope to launch a new version of the online browser game Sage in about three weeks. (Source link)

ChainCatcher news, Solana ecosystem game metaverse Star Atlas development studio ATMTA revealed that it will undergo a major restructuring to cope with the challenging market environment. The company's CEO stated, "ATMTA is undergoing significant layoffs to maintain its long-term ability to develop Star Atlas, prioritizing our SAGE and mobile products, which may show better results in a shorter time, while extending the development time of our other products."The remaining core team will consist of 45 people, down from a peak of 235 at the end of 2022, and reduced to 167 after the FTX incident. After the restructuring, ATMTA will operate with a more streamlined team.Previously, ChainCatcher reported last November that Star Atlas founder Michael Wagner stated that the Star Atlas development studio ATMTA had significant cash deposit exposure at FTX, and after FTX filed for bankruptcy reorganization, the project's cash runway would be cut in half. Despite the market turmoil, the company still has a "strong balance sheet"; it is preparing for structural reforms within ATMTA to ensure the ongoing viability of the Star Atlas vision.Additionally, the crypto data platform RootData shows that Star Atlas investors include institutions such as Bixin Ventures, Sino Global Capital, and Animoca Brands.

ChainCatcher news, the Ethereum liquid staking protocol Rocket Pool has completed the Atlas upgrade, allowing node staking with 8 ETH under the conditions set by Rocket Pool. (Source link)

ChainCatcher message, the Ethereum liquid staking protocol Rocket Pool will undergo the Atlas upgrade on April 13, allowing node staking with just 8 ETH (subject to Rocket Pool requirements). The features of this Atlas upgrade include improved protocol efficiency, higher rewards for node operators, increased rETH capacity, and it remains completely permissionless.The most important feature of Atlas is the Rocket Pool validator node Minipools LEB8's. Currently, when node operators wish to create a mini pool, they must provide 16 ETH and receive 16 ETH on behalf of the protocol, which means a 32 ETH staking validator needs to be created on Ethereum. With the introduction of LEB8, the required amount will be reduced from 16 ETH to 8 ETH. (source link)

ChainCatcher news, the decentralized staking protocol Rocket Pool announced the upcoming Atlas upgrade, which will make the protocol compatible with Ethereum's Shanghai upgrade and expand the protocol to meet higher demands while maintaining decentralization. The main features of the upgraded version include Solo Staker migration, optimized Minipool queue ETH, dynamic deposit pool limits, and more. Other features include optimizing Minipool's gas efficiency and an automatic reward system that tracks the effective RPL stake of each node operator.It is reported that Atlas is the second major upgrade for Rocket Pool since its mainnet launch and has already been audited by Sigma Prime and ConsenSys Diligence. Rocket Pool is deploying a test version on the Zhejiang testnet, with the goal of releasing Atlas to the Ethereum mainnet by the end of March or early April. (source link)

ChainCatcher news, TreasureDAO has released the TIP23 proposal, planning to phase out liquidity mining Atlas Mine gradually, aiming to shift towards a game-first sustainable growth model. The specific process is divided into three phases, with Phase 1 being the prohibition of deposits. Approximately 50 million MAGIC staked in Atlas Mine for 1 year will be unlocked on January 25, and the unlocking of deposits will undergo a 45-day linear release, although the DAO can consider whether to remove or retain the release; Phase 2 will close the output of Atlas Mine (excluding Harvesters).The proposal also indicates that TreasureDAO's future roadmap includes: Harvester, reshaping output around Harvester, decentralized Steam, player codes, global identity and guilds, and social recommendation growth strategies.It is reported that TreasureDAO aims to become the "decentralized Nintendo," positioning itself as a primary gaming destination and game publisher, currently hosting over 20 games and more than $270 million in transaction volume, with over 80,000 MAGIC holders. (source link)

ChainCatcher news, based on Solana's game metaverse Star Atlas, founder Michael Wagner published an open letter stating that the project has "significant cash risk" in its deposits with FTX, and that the project's cash will be halved after FTX files for bankruptcy reorganization."I believe this liquid cash position is held by a reliable and trustworthy institution. I place my confidence and trust in someone I consider a pillar of the industry," Michael Wagner said. "Clearly, that trust has been betrayed. Poor timing, along with the failure to take adequate backup measures to respond quickly to such situations, has led to the situation being compromised. That is my responsibility, and for that, I am sorry." (source link)

Chain Catcher news, the upcoming Solana-based blockchain game Star Atlas will release a demo version for NFT owners through the Epic Games Store. Additionally, the developer ATMTA has released a toolkit that allows other studios to connect Unreal Engine 5-based games to the Solana blockchain.It is reported that Star Atlas currently only provides access to NFT holders: they can obtain access keys by owning a ship and joining in-game factions of Star Atlas. (Source link)