ChainCatcher news, Rajiv Khemani, co-founder and CEO of Bitcoin mining chip manufacturer Auradine, stated that the decentralization of the entire Bitcoin stack is a matter of national security.The CEO explained that third-party firmware (which can be updated and changed over time) could theoretically be used to compromise the power grid or launch a 51% attack on the Bitcoin network.

ChainCatcher news, according to chainwire, the stablecoin payment platform PEXX announced the completion of a $4.5 million seed round financing, led by TNB Aura, with participation from early venture capital firm Antler, Filecoin early supporter EMO Capital, and other venture capital and cryptocurrency investors.It is reported that PEXX's payment platform allows users holding Tether (USDT) and Circle (USDC) stablecoins to transfer their assets directly to bank accounts, helping individuals and businesses conduct cross-border transactions without intermediaries or bank accounts.

ChainCatcher news, Highstreet announced on platform X a partnership with the global dining brand 50 Best, becoming its official metaverse partner, aiming to bring the dining industry into an immersive digital environment, allowing dining brands to tell unique stories in the metaverse. Users can participate in food-related tasks in Highstreet World to earn rewards in both digital and real worlds, such as exclusive reservations or special dining experiences. Highstreet also plans to collaborate with more restaurants to bring them into the virtual world, further expanding the influence of the Web3 community.

ChainCatcher news, the modular L2 network Camp Network has announced on platform X that the Web3 restaurant application Blackbird will integrate Camp's data availability layer, allowing users to access data from major social media platforms like Instagram and TikTok, providing users with more personalized rewards and experiences.It is reported that Camp Network is a modular L2 that leverages off-chain data from Web2 social platforms to achieve on-chain value creation. Camp Network supports users and creators in fields such as social media, music, and entertainment.According to the RootData platform, Blackbird is a Web3 loyalty and payment company focused on connecting the relationship between restaurants and guests, providing restaurants with a fully customizable loyalty programming platform and consumer application. Blackbird completed a $24 million Series A funding round led by a16z on October 4, 2023.

ChainCatcher news, according to The Block, Bitcoin mining machine manufacturer Auradine has completed a $80 million Series B funding round, with participation from Maverick Capital and others, led by StepStone Group, Top Tier Capital Partners, MVP Ventures, Maverick Capital, Celesta Capital, Mayfield Fund, and Marathon Digital.It is reported that Auradine, headquartered in California, was founded in 2022 and launched the Teraflux Bitcoin mining machine last November.Rajiv Khemani, co-founder and CEO of Auradine, stated that the company initially aimed to raise $70 million, but due to greater investor interest, it ultimately achieved oversubscription. It is reported that Auradine's Series B funding is also a mix of equity and debt, including $60 million in equity and $20 million in debt.Khemani mentioned that the demand for the Teraflux Bitcoin mining machine is strong. "We have achieved $80 million in bookings, with order channels exceeding $200 million."According to the crypto data platform RootData, last May, Auradine completed a $81 million Series A funding round, led by Celesta Capital and Mayfield, with participation from Cota Capital, DCVC, and Stanford University.

ChainCatcher news, the Balancer ecosystem revenue governance platform Aura Finance announced on social media that Aura is about to welcome an optimized token economy and a sustainable long-term issuance method.Aura will immediately reduce the total token issuance by 12% and plans to reduce it every two years in the coming years, while maintaining a stable annual interest rate and prioritizing aura BALLP and AURA. Various optimization strategies will be adopted to enhance AURA/ETH liquidity, which will double the annual interest rate of AURA/ETHLP. It will also eliminate the underlying yield of vlAURA by redirecting vlAURA fees to AURA/ETH liquidity incentives.

ChainCatcher news, the Balancer ecosystem yield governance platform Aura Finance now supports connecting to Bitget Wallet (formerly BitKeep). Users and DeFi developers can connect to Bitget Wallet via the web or mobile app to use Aura Finance's products and services, including providing liquidity, locking and staking tokens to increase yield and governance rights, as well as developing new DeFi products.It is reported that Aura Finance is a protocol based on the Balancer system, providing maximum incentives for Balancer liquidity providers and users who convert BAL staking into veBAL by aggregating BAL deposits and the native Aura token through social means.

ChainCatcher message, the Aave community's proposal to "acquire more AURA to strengthen Aave DAO's liquidity incentive strategy on Balancer" has been approved, and will purchase AURA tokens worth 400,000 USDC.Aave DAO will use the existing B-80BAL-20WETH assets to mint auraBAL and stake it in the Aura Finance staking pool. Additionally, it will purchase AURA worth 400,000 USDC in the market, exchanging 200,000 USD worth of AAVE for AURA in an OTC transaction with AURA DAO, and converting 200,000 USDC into AURA; the proceeds will be sent to the GHO Liquidity Committee (GLC) for operations.

ChainCatcher news, according to official sources, Blackbird has announced the completion of a $24 million Series A funding round, led by a16z Crypto, with other investors including Amex Ventures, QED Investors, Union Square Ventures, Shine, Variant, and various restaurant groups.According to the crypto data platform RootData, Blackbird previously completed a $11 million seed funding round, co-led by Union Square Ventures, Shine Capital, and Multicoin Capital.It is reported that Blackbird is a web3 platform specifically designed for the restaurant industry, focusing on establishing direct connections between restaurants and guests through loyalty and membership services. Additionally, the company's founder is Leventhal, who previously co-founded two restaurant industry startups: Eater and Resy. Eater was acquired by Vox in 2013, and Resy was acquired by American Express in 2019.

ChainCatcher news, according to Decrypt, the Aura Blockchain Consortium launched by luxury brands such as Louis Vuitton and Prada has appointed tech entrepreneur Romain Carrere as the new CEO, and he will also serve as the Secretary General.It is reported that the Aura Blockchain Consortium was founded in 2021 by LVMH (Louis Vuitton, Tiffany & Co.), Prada Group, Richemont (Cartier), and OTB Group (Diesel), with the Mercedes-Benz Group joining in 2022. Aura provides member companies with NFT minting, Software as a Service (SaaS), and authentication capabilities on a permissioned blockchain compatible with Ethereum.

ChainCatcher news, according to the Snapshot page, the Aave community's ARFC proposal on "using DAO funds to purchase over 440,000 AURA" has been approved with a support rate of 83.69%.It is reported that the proposal suggests Aave DAO purchase 443,674 AURA from Olympus DAO for 420,159.28 DAI.

ChainCatcher news, according to the Snapshot page, the Aave community has initiated a proposal on "using DAO funds to purchase over 440,000 AURA." The proposal suggests that Aave DAO purchase 443,674 AURA from Olympus DAO for 420,159.28 DAI. The current support rate is 92.19%.

ChainCatcher news, the first DEX HaloTrade on the Layer1 project Aura ecosystem will officially launch on the mainnet on August 21. At that time, seamless cross-chain bridging will be achievable through HaloTrade, and the first transaction will receive gas fee support.It is reported that HaloTrade is an Automated Market Maker (AMM) protocol. It consists of a set of smart contracts written in CosmWasm, allowing users to easily access all the provided features through a user-friendly interface (UI).

ChainCatcher news, the Balancer ecosystem yield governance platform Aura Finance will implement an update on token economics through AIP-42, effective August 17. The impacts of the update include: a 15% increase in voting rewards, worth approximately $60,000 per cycle; a reduction of 1.75 million AURA tokens unlocked annually; and effectively limiting the AURA minting amount for BAL to well below 50 million units, as stipulated by the initial token economics.

ChainCatcher news, Layer1 project Aura Network token AURA has officially launched on Gate.io. Currently, users can trade AURA on multiple exchanges including Gate.io, BingX, MEXC, and Halo Trade.

ChainCatcher news, the Layer1 project Aura Network token AURA will be listed on Gate.io at 09:00 UTC on July 25, 2023. To celebrate the listing, a free airdrop program started at 06:00 UTC on July 24 and will end today at 06:00 (UTC).

According to ChainCatcher news, the Balancer ecosystem revenue governance platform Aura Finance announced its launch on the Optimism mainnet, allowing stablecoin protocols, LSTs, bridges, and money market partners to use Aura to enhance adoption and liquidity. (Source link)