According to ChainCatcher's message and the official announcement, Binance has announced that it will optimize the display mechanism for platform token circulation data. Currently, Binance uses the circulation calculation method from CoinMarketCap (CMC), which excludes the internal holdings distribution of projects in its calculations. To enhance data transparency, Binance will integrate two new metrics from CMC: Unlocked Market Capitalization (UMC) and Unlocked Circulating Supply (UCS) in the token information section.

ChainCatcher message, Binance stated: "We have noticed the recent community discussions regarding the supply data of USUAL and ACX tokens and conducted an internal investigation immediately. The specific cause of the incident is as follows: the display of token circulation information for the projects on the 'trading page' and 'price page' of Binance directly uses data from CoinMarketCap (CMC). Therefore, according to past processes, when the project's data is not updated, the data on CMC and Binance pages will also be affected.Regarding ACX: On December 6, the Binance team discovered that the circulation data for ACX was incorrect and promptly contacted the project team to correct the data on CMC; regarding USUAL: the change in token supply information was mainly due to different standards between CMC and the project team regarding the definition of liquidity and how to reference data. After discussions, the project team has also completed the corrections on CMC. As mentioned above, we have clarified the root of the problem and conducted a post-analysis. In the future, we will strive to improve the collaboration and processes between the project team, CMC, and Binance regarding the display of token circulation and other related information, so that we can quickly verify key information about tokens before they go live and ensure the accuracy of the information to avoid similar issues from occurring."Previously, users on platform X stated: "The reason for the USUAL pump is that the total amount of the token originally displayed was 4 billion, and now it has been directly changed to 338 million, which is equivalent to full circulation; the reason for the ACX dump is that when the token was launched, the circulation was displayed as 138 million, and then it was directly changed to 332 million, causing the circulating market value to increase by 2.5 times."

ChainCatcher news, the blockchain-based iGaming platform BoxBet has completed financing led by CMCC Global. CMCC is a $500 million venture capital firm supported by the Winklevoss twins and Li Ka-shing's Horizons Ventures, which has previously funded key blockchain projects including Solana. BoxBet intends to use the new funds to expand its influence in regulated markets by obtaining licenses and scaling operations.

ChainCatcher news, the self-custody digital trading company Shuttle Labs announced that it has completed a $6 million seed round financing, with participation from Anthony Scaramucci, CMCC Global, SALT Fund, Flow Traders, and several former FTX employees.Shuttle Labs also announced the launch of the self-custody digital trading platform Genius beta, which aims to address a series of issues that led to FTX's bankruptcy, such as security, user control, and decentralization, while exploring the elimination of third-party custody risks through a self-custody model, ensuring that users always hold their own private keys.

ChainCatcher news, CMC Labs under CoinMarketCap (CMC) announced that the large AAA Web3 game Seraph has entered its accelerator program, becoming a major highlight in the Web3 gaming space. Backed by the South Korean gaming giant Actoz Soft, this collaboration with CMC Labs will provide Seraph with more strategic resources and global exposure, helping to accelerate the game's development and expand its influence in the Web3 gaming ecosystem.This partnership is not only a key step for Seraph to expand its influence in Web3 gaming but also demonstrates how Web3 games can integrate blockchain and AI technologies to deliver richer and more valuable gaming experiences. Seraph CEO Tobin emphasized that through this collaboration, Seraph will provide players with a dynamic gaming experience that breaks traditional boundaries, showcasing a new height of GameFi potential.CoinMarketCap CEO Rush also stated that Seraph, as a pioneer in the integration of blockchain and AI, has demonstrated strong innovation in the Web3 gaming sector. With the support of CMC Labs, Seraph will continue to push for innovation in the GameFi space, promoting a decentralized player-driven economic system and the deep integration of AI technology, shaping the future of the Web3 gaming ecosystem.

ChainCatcher news, stablecoin issuer IDA has raised $6 million in a seed round led by CMCC Global, with participation from its Titan Fund and Hashed. This funding will enable IDA to advance the development and launch of its first fiat-referenced stablecoin HKDA, which aims to be regulated in Hong Kong. Other participants in this round of financing include Hack VC, Anagram, GSR, Protagonist, Brinc, Chorus One, Kenetic, SNZ, and Yolo Investments, as well as notable angel investors such as Solana co-founder Raj Gokal.

ChainCatcher news, according to Decrypt, the NFT application layer Moongate has completed a $2.7 million seed round financing, led by Titan Fund under CMCC Global, with participation from Token Bay Capital, Penrose Ventures, RNR Capital, Cogitent Ventures, GBV, PHD Capital, and angel investors such as Coingecko, Synthetix, and Dolphin Browser. In addition, ecosystems like Arbitrum, Polygon, Avalanche, and BNB Chain have also provided support.It is reported that Moongate's flagship product, a decentralized ticketing and membership platform, has successfully attracted over 100,000 active users and established partnerships with major brands such as Wonderfruit, ComplexCon, SiamPiwat, and Binance. The platform is preparing to launch a V2 upgrade, which will include a points system and plans to issue tokens this year.

ChainCatcher news, Hong Kong-based crypto venture capital firm CMCC Global has raised $100 million for a new fund called "Titan Fund," with participation from Block.one, PCCW Group, Winklevoss Capital, Jebsen Capital, and Animoca Brands founder Yat Siu.CMCC Global co-founder Martin Baumann stated that the Titan Fund is CMCC Global's fourth fund and will provide equity investments for early-stage blockchain startups, with a focus on Hong Kong. He added that among the five investments already made, two are Hong Kong companies.

According to ChainCatcher news, Animoca Brands has announced a new round of binding financing commitments to accelerate the development of its NFT project Mocaverse. Animoca Brands raised $20 million by issuing new ordinary shares at a price of AUD 4.50 per share. As part of this financing, the company issued free additional utility token warrants to investors based on a 1:1 dollar ratio. The financing was led by CMCC Global, with participation from Kingsway Capital, Liberty City Ventures, GameFi Ventures, Yat Siu (Executive Chairman and Co-founder of Animoca Brands), Aleksander Larsen (Founder of Sky Mavis), Gabby Dizon (Founder of Yield Guild Games), and institutional investors from Koda Capital.Mocaverse is building Web3-native tools to enhance the capabilities of products in the gaming, culture, and entertainment verticals, allowing users to create their own digital identities, accumulate reputations, earn and spend loyalty points, and access the Mocaverse ecosystem supported by Animoca Brands' network of over 450 portfolio companies and partners with more than 7 million addressable users.Mocaverse will soon launch the NFT series Moca ID, aimed at enabling users to build their on-chain identities and participate in the Mocaverse ecosystem. Moca ID holders will gain exclusive access to Mocaverse ecosystem experiences and will have the opportunity to earn unique loyalty points through active participation. These loyalty points will support a permissionless and interoperable loyalty system that will gradually decentralize to allow third parties to adopt and integrate Moca ID, aimed at driving accessibility and growth in Web3.

ChainCatcher news, CMC released the 2023 mid-year review. The report shows that as of the end of the second quarter, the total market capitalization of the global cryptocurrency market reached $1.17 trillion, a year-on-year increase of 48%. Among them, VR/AR (+704%) and artificial intelligence and big data (323%) have been leading the development trend in the market, while blue-chip DeFi projects and infrastructure are also making a strong comeback.In addition, CMC's new coin listing data shows that over 260 new coins have been launched in the "Memes" sector since the beginning of the year, making it the most active industry for newly listed coins. CMC's traffic data indicates that the most popular sectors and coins, as well as the tokens with the highest price increases this year, are concentrated in Meme, new public chains, DeFi, and artificial intelligence sectors. Trends worth paying attention to in the second half of 2023 include: institutional investors entering the market led by Bitcoin ETFs, decentralized public infrastructure networks, real assets on-chain, liquid staking derivatives, re-staking, zkSync, modular blockchains, etc. (source link)

ChainCatcher news, CoinMarketCap released the report on exchange activities (CEX and DEX) for the first half of 2023. The report shows that in the second quarter of 2023, the top 20 exchanges contributed a total spot trading volume of $1.67 trillion, a decrease of 36% compared to the previous quarter. This decline indicates a significant slowdown in market activity, which was dominated by a rebound in trading activity driven by the doubling of Bitcoin prices in the first quarter of 2023 ($2.6 trillion).Additionally, Binance maintained its market dominance throughout the first half of 2023, with a total spot trading volume share of 59.99%, remaining relatively stable compared to the same period last year. The top 5 exchanges accounted for 85% of the total spot market trading volume. (Source link)

ChainCatcher news, according to The Block, Cosmos core developer Informal Systems has completed a $5.3 million financing round, led by CMCC Global, with participation from Nascent, Maven11, and individual investors from Celestia and EigenLayer. This round of financing will be used to promote the development of the company's security audit division, Informal Security. (source link)

ChainCatcher news, cryptocurrency infrastructure company Anoma Foundation has completed a $25 million funding round. The venture capital firm CMCC Global led the round. The new funds will be used for further development of the Anoma architecture, research and development, ecosystem development, and strategic partnerships.Anoma Foundation currently manages the multi-chain privacy-focused blockchain Namada and the privacy protection protocol Anoma. (Source link)

ChainCatcher news, according to Bloomberg, the blockchain-focused venture capital firm CMCC Global is launching a $100 million fund. The aim is to invest in startups focused on blockchain projects, targeting companies in Hong Kong and other regions that are in Series A and B funding stages.CMCC Global co-founders Baumann and Morris hold a majority stake in CMCC, while Hong Kong tycoon Richard Li and Gemini Trust founders Cameron Winklevoss and Tyler Winklevoss are also investors in its holding entity. (Bloomberg)

ChainCatcher news, Swiss Syz Group will collaborate with Hong Kong venture capital firm CMCC Global to launch a fund with a scale of at least $50 million, investing in cryptocurrency-focused hedge funds.Syz Capital Managing Partner Richard Byworth stated that SyzCrest Digital will begin operations on July 1, with a final goal of raising up to $300 million. Willy Woo, who manages a quantitative research-driven fund for CMCC, will join the newly registered company in the Cayman Islands as a member of the investment committee. (source link)

ChainCatcher news, Web3 game platform Ajuna Network announced the completion of a $5 million financing round, led by CMCC Global. Additionally, this Friday, Ajuna Network launched the Awesome Ajuna Avatars NFT series, inspired by the company's flagship game BattleMogs.According to the crypto data platform RootData, Ajuna Network previously raised $2 million in a seed round in February 2022, led by Fundamental Labs, with other investors including OKX Blockdream Ventures, Signum Capital, and Animoca Brands, which invested in Ajuna's parent company BloGa Tech AG. (source link)