ChainCatcher news, according to official sources, the Avalanche Foundation has launched the InfraBUIDL () funding program to provide direct and retrospective funding for core infrastructure developers.It is reported that the supported project types include but are not limited to withdrawal, validator node market, virtual machines, wallets, oracles, interoperability tools, cryptography, cross-chain, browsers, RPC, data storage, indexers, and token engineering, and applications are now open.

ChainCatcher news, recently, Binance founder Zhao Changpeng stated on social media X that he is studying articles related to biotechnology and considering how to leverage cryptocurrency technology to accelerate the flow of research funding. Industry insiders believe that if Zhao Changpeng, who has ample time and resources, enters the DeSci field, it will bring new development opportunities to this sector. Currently, crypto leaders such as Vitalik Buterin and Coinbase founder Brian Armstrong have also expressed strong interest in this field.Overall, the development of the DeSci sector is still in its early stages. According to RootData, the DeSci sector completed $11.2 million in financing in 2024 (as of November), a year-on-year decrease of 18.1%. This year, several financing rounds in this sector include: the DeSci financial layer protocol BIO Protocol completed a $6.2 million public round of financing on August 21 and received strategic investment from Binance Labs on November 8, marking Binance Labs' first investment in the DeSci sector; on September 25, a16z led a $5 million seed round for AminoChain. Additionally, Pfizer had previously invested in VitaDAO in January 2023.In terms of financing scale, the decentralized biotechnology protocol Molecule has raised a total of $13.7 million through three rounds of financing, with over 50 investors including Shine Capital, Northpond Ventures, and Sora Ventures. So far, projects in the DeSci sector have cumulatively raised over $60 million.Data shows that the market capitalization of DeSci project tokens exhibits a clear stratification, with ResearchHub (RSC) leading with a $496 million FDV, followed by HairDAO and VitaDAO with $105 million and $86.83 million, respectively. The second tier is represented by ValleyDAO, GenomeFi, and Data Lake, all with FDVs in the $15-30 million range, but still significantly lower than the leading projects. In September, the Solana ecosystem project Pump.science introduced a meme mechanism for drug research predictions, while the Arweave super parallel computer AO provided new solutions for research data storage; these innovative attempts may drive the development of the DeSci sector.

ChainCatcher news, the Zuzalu community officially announces a strategic partnership with the Web3 decentralized communication company Sending Labs, with SendingMe becoming the community's official and sole designated communication platform.SendingMe has launched a customized version for the Zuzalu community, featuring exclusive community nodes, themed skins, various community homepage components, and Web3 native social payment functions. At the same time, SendingMe serves as the platform entry point, supporting seamless integration for other ecological partners of Zuzalu, helping community members enjoy a one-stop Web3 native communication experience.Zuzalu is an experimental "liquid city community" initiated by Ethereum co-founder Vitalik Buterin, and SendingMe is a community-customized communication tool developed based on the Sending Network, providing the community with richer native encryption features than Discord and Telegram.

ChainCatcher news, according to DePINscan data, the number of nodes in the decentralized edge artificial intelligence infrastructure project Network3 has exceeded 439,000, surpassing the well-known DePin project Helium, ranking fifth globally. According to official news, the Network3 airdrop will also be launched soon, with the TGE scheduled for the end of the year.This milestone achievement demonstrates Network3's strong appeal and technical strength in the global market. With the continuous expansion of decentralized AI applications, Network3 is expected to continue to increase its market share in the future and become a leader in the edge AI infrastructure field.As a leading Decentralized Edge AI-Infrastructure, Network3 is committed to the democratization of the AI industry. By building a decentralized federated learning framework, Network3 enables users to perform collaborative training without sharing raw data. Network3 has secured $5.5 million in funding from top institutions such as Borderless, EV3, IoTeX, Mask Network, and Bing Venture.

ChainCatcher news, according to Bloomberg, Italy's Intesa Sanpaolo SpA is expanding the scope of its digital assets division to handle spot trading of cryptocurrencies, marking the latest move by a traditional bank to delve into new markets.According to insiders, Italy's largest bank established a proprietary cryptocurrency trading division within its corporate and investment banking sector in 2023. Since then, the division has only traded cryptocurrency options, futures, and exchange-traded funds. Although spot trading has not yet commenced, the trading desk received the necessary internal approvals and technical systems about a month ago.Cassie Craddock, Managing Director for Ripple in the UK and Europe, confirmed that Intesa Sanpaolo is collaborating with Ripple Custody (formerly Metaco) to build custody capabilities for any type of tokenized asset.

ChainCatcher news, MicroStrategy founder Michael Saylor stated that the idea of the United States purchasing strategic assets is not new, pointing to the acquisitions in Manhattan, the Louisiana Purchase, and the purchases in California and Alaska in the 19th century, all of which brought trillions of dollars in returns to the U.S. Saylor also noted that there have been other strategic purchases in U.S. history, such as gold, oil, grain, and helium.Saylor stated, "This has been done before; it's a very simple idea: find where value will emerge, buy low, and hold. Bitcoin is America's Manifest Destiny. I believe the Trump administration understands this, and I think Senator Lummis understands it too. That’s why the strategy for the U.S. to establish a Bitcoin reserve will come to fruition."ChainCatcher note: "Manifest Destiny" is a significant concept in 19th-century American history, referring to a widely held belief that the United States had a divine mission to expand its territory across the entire North American continent. This idea held that America's expansion was not only justified but also inevitable, a right bestowed by divine fate.

ChainCatcher news, according to Coindesk, the crypto investment firm Sol Strategies (HODL), led by former Valkyrie Investment Company CEO and co-founder Leah Wald, has acquired four validator nodes for nearly $18 million in cash and stock.The Toronto-based company, formerly known as Cypherpunk Holdings, plans to acquire these validator nodes from Cogent Crypto. Cogent Crypto is a high-performance validator node operator operating within the Solana ecosystem. According to a statement released on Thursday, the total value of the investment is close to $18 million, divided into three phases: $1 million in cash and approximately $1 million in company stock will be paid upon completion of the transaction, with the remainder to be distributed in stock over three years, Sol Strategies stated.The company will acquire validator nodes for Solana (SOL), Sui (SUI), Monad (MONAD), and ARCH (ARCH) networks from Cogent Crypto, with most of the funds focused on SOL.

ChainCatcher news, Degen officials announced on social media that the infrastructure migration has been lifted, and a series of upgrades will take place in the future, including upgrading to OMNICHAIN, launching new development tools, upgrading the veDEGEN Vault, decentralized on-chain tipping, building a rapid deployment toolchain for other memecoins, and planning to hold the 1st anniversary celebration of DEGEN in Poland in February, among others.

ChainCatcher news, Binance founder Changpeng Zhao posted on social media, "Learning at a small DeSci entrepreneur gathering organized by Binance Labs," along with a photo of himself with Vitalik.

ChainCatcher News, the U.S. October CPI report is about to be released. As the first major economic data after the election, it will clearly be a key factor influencing the future policy path of the Federal Reserve. Before this important inflation data is released, the market's rapid upward momentum has paused.According to 4E monitoring, all three major U.S. stock indexes fell on Tuesday. The Dow Jones Industrial Average closed down 0.86%, while the S&P 500 and Nasdaq ended their five-day winning streaks, closing down 0.29% and 0.09%, respectively. Among them, "Trump trade" stocks led the declines, with Tesla down 6.1% and Trump Media Group falling nearly 9%. Cryptocurrency-related stocks had mixed results, with MicroStrategy (MSTR) up 4.88% and Coinbase down 1.58%.The cryptocurrency market generally experienced a pullback, with Bitcoin slightly adjusting after breaking through the $90,000 mark to reach a new high. As of the time of writing, it was reported at $88,196, down 0.61%, while Ethereum was at $3,270, down 1.66%.In the forex market, the U.S. dollar index rose to its highest level since November 2022 on Tuesday, pushing the euro to its lowest in a year, the yen to its lowest in three months, and the offshore yuan briefly fell below 7.25 yuan, with other currencies also under pressure. Weighed down by the strengthening dollar and OPEC's fourth consecutive month of lowering global oil demand growth expectations, oil prices have dropped about 5% over the past two trading days. The rise in the dollar index has pressured gold prices down to nearly a two-month low.After the election, the market has already seen a significant rise approaching overbought conditions, and investors are beginning to consider that the main trading line in the market may shift back to the outlook for monetary policy. The U.S. October CPI report, which will be released tonight, could have a critical impact on the Federal Reserve's future interest rate cut process. Any significant surprises in the CPI report could trigger more pronounced market volatility. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, commodities like gold, and foreign exchange. Recently, it launched a USDT stablecoin financial product with an annualized yield of 5.5%, providing potential hedging options for investors. 4E reminds you to pay attention to market volatility risks and to allocate assets wisely.

ChainCatcher news, according to The New York Times, the son of the incoming President Trump will not be part of the next U.S. government but will join a venture capital firm.Donald Trump Jr. told hundreds of donors on Sunday that he will join 1789 Capital, whose investors include the media company of well-known conservative media figure Tucker Carlson. This venture capital firm focuses on investing in companies and products favored by American conservatives. Donald Trump Jr. has a business background and has served as a real estate executive at the Trump Organization for a long time. He has also recently shown interest in the crypto industry, becoming a liaison between his father and the tech world. He is also an investor in the conservative online marketplace PublicSquare.

ChainCatcher message, former Goldman Sachs executive and founder of macro research firm Real Vision, Raoul Pal, stated on social media, "In a bull market, the hardest thing to do is nothing. Compounding takes time, while mistakes from overtrading due to FOMO come easily."

ChainCatcher news, ACT developer AMP posted on X platform stating that they have never been opposed to ACT and mentioned that they have distributed, destroyed, or sold all ACT tokens, but do not wish for ACT to be listed on CEX.At the same time, they expressed their happiness in getting rid of ACT, as holding the tokens was very stressful, often being harassed by those hoping for their affiliation or locked tokens.It is reported that AMP once held 6% of the total ACT supply, but they have sold the ACT tokens they held multiple times for profit.

ChainCatcher news, Ethereum Foundation (EF) core researcher Justin Drake posted on the X platform that he will announce a significant plan tomorrow afternoon at 5 PM on the Devcon main stage.Drake stated that he has been conceptualizing a proposal to redesign the Ethereum consensus layer from scratch over the past year, aiming to propose a reliable strategy to launch an ambitious beacon chain roadmap within a reasonable timeframe. After months of deliberation with researchers and consensus developers, Drake is ready to present the proposal publicly. He emphasized that community involvement will be crucial if this new approach can achieve preliminary consensus.Drake previously labeled his speech title as "[title redacted]" in the Devcon schedule to maintain an air of mystery.

ChainCatcher news, according to The Block, the meme coin UPONLY on the Solana chain has transferred 60% of its total supply of 1 billion tokens to the wallet address of well-known cryptocurrency trader Jordan Fish (alias Cobie).Cobie stated, "I have burned all the tokens received, which were worth 17 million dollars at the time of burning. And I asked them to stop bothering me."Data from the Solana blockchain explorer Solscan shows that the current supply of UPOONLY is only 400 million tokens.