ChainCatcher news, the Canadian company Cypherpunk Holdings, focused on blockchain investment, today announced its name change to Sol Strategies to reflect its new Solana-centric investment strategy.This transition includes staking Solana and investing in projects and infrastructure related to the protocol. The company's legal name has changed from Cypherpunk Holdings Inc. to Sol Strategies Inc., effective September 12, 2024, and was unanimously approved by the company's board of directors and shareholders at the company’s annual general meeting held on July 30, 2024.Sol Strategies will continue to trade on the Canadian Securities Exchange (CSE) under the ticker symbol HODL and on the OTC market as CYFRF. The company began purchasing SOL in the second quarter of 2024 (when former Valkyrie CEO Leah Wald took over as CEO) and currently holds over 86,000 Solana (worth more than $11 million at current prices), most of which is staked for token rewards.

ChainCatcher news, according to The Block, since mid-July, the Canadian listed investment company Cypherpunk Holdings has purchased 23,000 SOL, bringing its total holdings to 86,200 SOL, worth nearly $21.6 million.Cypherpunk has also reduced its Bitcoin holdings by 110 coins, currently holding approximately 52 coins. According to its public documents, it used about 45 of those Bitcoins to execute a buy order for 20,000 SOL options, while the rest were sold for profit.

ChainCatcher news, according to a statement from The Block on Tuesday, Canadian listed investment company Cypherpunk Holdings has significantly increased its holdings of Solana tokens. The number of SOL tokens in the company's wallet has exceeded 63,000, valued at nearly 14 million dollars, far higher than the 6,131 SOL from last month.In addition to purchasing SOL, Cypherpunk also announced that it will run its own Solana validator and stake 49,917 tokens (worth approximately 11 million dollars) using its own Solana node. It is also implementing a SOL options trading strategy. Last month, Cypherpunk disclosed that it had begun investing in Solana, purchasing approximately 1 million dollars worth of SOL at an average price of 163.11 dollars.Around the same time, Cypherpunk sold nearly 1 million dollars worth of stock in metaverse company Animoca Brands, which is its second-largest holding. According to the latest financial statements, Cypherpunk's total assets have increased by 14.3 million dollars over the past six months, reaching 31.3 million dollars. It uses Coinbase as its custodian for BTC and SOL.

ChainCatcher news, the cryptocurrency investment company Cypherpunk Holdings listed on the Canadian Securities Exchange announced the appointment of Valkyrie co-founder Lead Weld as its President and CEO. According to a statement from the company, Wald has served as a member of the Cypherpunk board for nearly three years and will succeed the current CEO Antanas Guoga, who will remain as the company's chairman.

ChainCatcher news, a developer of the Solana ecosystem DEX Cypher, Hoak, admitted through a public statement to misappropriating and gambling with funds that were recovered after the protocol was attacked. Another contributor to Cypher, Barrett, discovered that Hoak had extracted various cryptocurrencies, including ETH, WSOL, and BONK, in 36 independent transactions from Cypher's redemption contract.It is reported that the contract was specifically established to allow users to recover lost assets from the exploit. Hoak's total amount is approximately $260,000.Previous news, Cypher was attacked, resulting in a loss of nearly $1 million in cryptocurrency.

ChainCatcher news, Web3 AI company Raiinmaker has completed a $7.5 million seed round financing, led by Jump Capital and Cypher Capital, with participation from Gate Labs, MEXC Global, Krypital Group, Alphabit, Launchpool, New Tribe Capital, and others.It is reported that Raiinmaker is building decentralized AI tools and web3 infrastructure to support sports, gaming, and entertainment projects. Users can train AI through iOS or Android phones and receive rewards proportional to their influence on the AI models.

ChainCatcher news, Bitcoin ecosystem project Flash Protocol announced the completion of its private funding round, with participation from Signum Capital, DWF Labs, Cypher Capital, Cogitent Investment Group, Rarestone Capital, Pentos Ventures, Portico Ventures, Innovion, PortalDefi, and Keyur (Ex-CFO of Polygon).It is reported that Flash Protocol is a Bitcoin-native gaming, AI, Meme, and NFT issuance platform based on the Taproot protocol. Its designed FlashVM is the first officially announced BTC sidechain supporting Taproot assets, featuring advantages such as high speed, low gas fees, and decentralization. The project is set to launch its first IDO on March 22 on the Bybit web3 inscription launchpad.

ChainCatcher news, the decentralized NFT data platform bitsCrunch announced that it has raised $2.4 million in strategic financing, led jointly by Cypher Capital and HashKey.According to the crypto data platform RootData, bitsCrunch is an AI-driven decentralized NFT data platform that enables developers to build reliable NFT applications. By leveraging AI technology, bitsCrunch provides accurate and in-depth analysis of NFTs, helping users make informed investment decisions. The BitsCrunch Network also offers detailed forensic data on NFTs, allowing users to identify potential risks, fraudulent activities, and maintain security.

ChainCatcher news, UAE social network and content monetization platform Lyvely has completed its seed round financing, led by Cypher Capital.Lyvely will develop a token that is seamlessly integrated into the platform, allowing anyone to profit from online content or services.

ChainCatcher news, according to official information, the Solana ecosystem DEX Cypher plans to conduct its IDO (originally scheduled for the end of September) ahead of time to compensate users affected by the attack incident. Cypher will use the funds raised from the IDO to finance development and replenish the project treasury. Over 45% of the tokens will be sold to the public, 23% allocated to the team, 11% to investors, 1.2% to advisors, and 12% for growth incentive programs. Additionally, 7.3% will be used for airdrops to depositors who lost funds due to the hack.Before launching the IDO, Cypher will transfer funds from the existing smart contract to a new smart contract. This will help affected users claim the designated redemption packages. The airdrop will be conducted according to the proportions determined by the snapshot taken when the protocol was frozen, and details regarding the airdrop will be announced soon.Previous news, Cypher suffered a vulnerability attack, resulting in a loss of nearly $1 million in cryptocurrency.

ChainCatcher news, Solana ecosystem DEX cypher suffered a vulnerability attack, losing nearly 1 million dollars in cryptocurrency. The protocol's smart contracts have now been frozen, and contributors are trying to contact the hacker to negotiate the return of the funds.

ChainCatcher news, the LBS social graph protocol Dspace has completed a $1 million financing round, led by Cypher Capital.It is reported that DSpace will launch simultaneously in the Middle East and Hong Kong. DSpace is jointly launched by Cypher Capital and AI and AR infrastructure company BuzzAR, providing location-based social graph protocol services for over 100 million offline POIs (Points of Interest) and 5 billion mobile internet users worldwide, and will establish global dual headquarters in Riyadh, the capital of Saudi Arabia, and Hong Kong. (source link)

ChainCatcher news, MEV solution provider Wallchain announced that it has secured a $2 million investment led by Cypher Capital. This investment will be used to drive Wallchain's in-depth research into Web3 to achieve revenue growth and launch new MEV solutions.It is reported that Wallchain is a solution provider focused on MEV value capture. Cypher Capital is a cryptocurrency investment company based in the UAE, covering venture capital, nodes, mining, and more. (Source link)

ChainCatcher news, according to ETHDenver and GoPlus official Twitter, GoPlus will participate as a Cypher Sponsor in the ETHDenver 2023 event from February 24 to March 5 local time.GoPlus will deliver speeches on the main stage of ETHDenver around the themes of "User Security in Web3" and "What Kind of Decentralized Security Infrastructure Do We Need"; and will launch "An Important Component of the Web3 Security Service Ecosystem - Security Service Center," opening applications to global security service developers.During the first week of ETHDenver's opening Buildweek, GoPlus will set up four bounty questions focusing on security data provision, security data algorithms, user security risk control scoring systems, and innovative security applications, offering 7 bounty prizes with a total reward of $15,000.In addition to participating in Buildweek and the main stage, GoPlus will also host the first Web3 Users' Security Afternoon themed salon event at the Web3 Social House venue, collaborating with representatives from Harpie, Sleto, and Walletguard, which are user security service providers within the GoPlus ecosystem. The three panels will include participants from Coinbase, Metamask, SafePal, Starknet, Zerion, Mask Network, LiFi, and Chainbase, among other leading exchanges, public chains, wallets, infrastructure services, and applications in Web3, discussing how to provide a better security environment for Web3 users from different perspectives. (Source link)