ChainCatcher news, according to CoinStats, the Telegram ecosystem trading application Blum announced that it has received investment from The Open Platform, with the specific amount not disclosed.It is reported that this investment deal was made after Blum received funding from Binance Labs Fund. The new funds will expand Blum's trading services across multiple blockchains and enhance its influence on TON and Telegram.

ChainCatcher news, GSR co-CEO Rich Rosenblum and its CTO John MacDonald have left the company.Previously, on June 26, the then CEO Jakob Palmstierna transitioned to the role of president, while Rosenblum and Xin Song took on the role of co-CEOs. The new structure aligns with the company's "computational creativity."GSR noted that Rosenblum left the company to "pursue new entrepreneurial opportunities" and will remain in contact with him.

ChainCatcher news, in the seventh season of the BNB Chain Most Valuable Builder (MVB) program, Binance Labs has invested in the Telegram trading mini-app Blum, which focuses on leveraged meme coins and new tokens.

ChainCatcher news, according to Cointelegraph, former Binance executive and Blum CEO Gleb Kostarev stated at the Korea Blockchain Week that about half of the "Tap-to-Earn" game players on Telegram are completely unfamiliar with cryptocurrency newcomers, which could drive the mass adoption of blockchain technology.The Telegram Mini App game and trading platform Blum, which Kostarev now operates, has 50 million registered users, of which about 50% have never been exposed to Web3 before. He emphasized that these users are real and can be converted into Web3 users.

The CEO and co-founder of the hybrid exchange Blum, Gleb Kostarev, suggested that readers read "The American Trap" by Frédéric Pierucci to understand "what really happened." The book was previously recommended by Binance CEO Changpeng Zhao. Kostarev pointed out that Pierucci's arrest at the airport was part of a larger plan to undermine the French company Alstom. He believes similar pressures are being applied to Telegram founder Pavel Durov. Kostarev stated that this is not a new phenomenon in history.Additionally, he mentioned that there were technical difficulties during the DOGS token airdrop, which caused users to encounter setbacks when claiming tokens in the tasks. He apologized for this, stating that every transaction would be recorded to ensure fair distribution of the airdrop.It is reported that the author of "The American Trap," Pierucci, was arrested by the U.S. Department of Justice in 2013 on charges of commercial bribery and was imprisoned in the U.S. for a period of time. The book details his arrest, trial, and experiences in prison. It points out that the U.S. uses legal tools such as the Foreign Corrupt Practices Act (FCPA) to investigate and sanction foreign companies. These laws are intended to combat corruption, but Pierucci believes they are sometimes used as weapons of economic competition.

ChainCatcher news, according to Bloomberg, crypto market maker GSR Markets announced that Jakob Palmstierna will transition from the CEO position to the role of President, with Rich Rosenblum and Xin Song jointly taking on the CEO role.Rosenblum stated in an interview that as cryptocurrency experiences a resurgence, the new structure will enable GSR to better serve clients in different time zones. He explained, "When I'm awake, I'm basically the CEO and COO, and when I'm asleep, my partner is too. This arrangement allows us to cover the global market around the clock."Rosenblum mentioned that the company's revenue in the first half of this year has more than doubled compared to the same period last year. He also revealed that GSR has remained profitable and has never raised external funding.

ChainCatcher news, according to Bloomberg, former Binance Eastern Europe executives Gleb Kostarev and Vladimir Smerki are joining forces to launch a new crypto platform called Blum. Blum will allow users to trade directly from third-party crypto wallets across multiple blockchain networks, with the initial offering scheduled for later this month. Blum aims to target customers across Asia and plans to seek approval as a virtual asset service provider in Georgia. The headquarters may be located in Dubai, and negotiations are currently underway to raise funds for the business from external investors, with hopes to complete this round of financing later this month.It is reported that Kostarev previously served as the regional head for Binance in Eastern Europe, the Commonwealth of Independent States (CIS), Turkey, Australia, and New Zealand, while Smerkis served as the general manager for the CIS region.

ChainCatcher news, EOS and Block.One founder Brendan Blumer spent $90 million to purchase 9.27% of Silvergate's stock. Today, the stock price of this cryptocurrency-friendly bank has plummeted over 80%, which means he has personally lost at least $74 million.Previously, Brendan Blumer purchased over 2.9 million shares of Silvergate on November 16, acquiring a 9.27% stake, becoming the largest shareholder of Silvergate.It is reported that Block.one bought nearly 2.4 million shares, holding 7.5% of the bank's shares, and Block.one along with its CEO collectively holds about 16.8% of Silvergate. (source link)