ChainCatcher news, Bing Ventures General Partner Bruce Lan has confirmed his attendance at the "DeInsight 2024" annual summit to be held on November 11 in Bangkok during Devcon. Bing Ventures is a pioneering venture capital and research institution dedicated to supporting disruptive blockchain and cryptocurrency startups and outstanding fund managers that drive waves of innovation. Currently, its portfolio includes over 50 companies across various fields such as infrastructure, DeFi, GameFi, and Web3. At the same time, Bing Ventures is also a limited partner (LP) in many leading crypto funds, including Hack VC, Bankless Ventures, and Maven 11 Capital.The "DeInsight 2024" annual summit will take place on November 11 at Hotel Nikko Bangkok. This summit is co-hosted by ChainCatcher and RootData, with SoSo Value as a co-organizer, aiming to bring together elites in the Web3 field to exchange insights about the industry. It is expected to attract over 1,000 industry elites.In addition, the conference will unveil the RootData List 2024, which objectively selects influential individuals or institutions in the industry from a data perspective.

ChainCatcher news, the decentralized perpetual contract exchange MYX incubated by D11 Labs announced the completion of a $5 million seed round financing at a valuation of $50 million. This round was led by HongShan (formerly Sequoia China), with participation from Consensys, Hack VC, OKX Ventures, Foresight Ventures, Redpoint China, HashKey Capital, GSR Markets, Alti5, Leland Ventures, Cypher Capital, Bing Ventures, and Lecca Ventures. The funds raised in this round will be used to accelerate MYX's technological innovation and market expansion, promoting the rapid launch and scalable development of its mainnet products.At the same time, MYX announced the upcoming launch of a Treasure Hunting Event aimed at incentivizing and rewarding early supporters in the community. This event will last until the TGE ends, with the first phase about to begin, and consideration is being given to deploying key early storyline vouchers on the BRC-20 network.According to RootData, MYX is a decentralized perpetual contract exchange that utilizes an innovative MPM mechanism to achieve 0 slippage trading and efficiently match long and short positions, achieving capital efficiency of up to 125 times, dedicated to breaking through the on-chain capital efficiency bottleneck.

ChainCatcher news, AI and Web3 startup Moonbox has completed a new round of strategic financing, with BingX's venture capital firm Bing Ventures participating. The specific amount has not been disclosed, and the new funds will be used to accelerate Moonbox's product growth and drive its core technology development.It is reported that Moonbox is headquartered in Hong Kong and has obtained the IP of Stephen Chow's films "Journey to the West: Conquering the Demons," "Journey to the West: The Demons Strike Back," and "The Mermaid." The company plans to launch a series of AI-driven NFTs and applications inspired by the art and film industry by the end of 2023. According to the crypto data platform RootData, Moonbox completed a $1 million financing led by OKX Ventures earlier this month.