ChainCatcher news, according to Coindesk, Republican Dave McCormick defeated incumbent Democrat Bob Casey in Pennsylvania to win a Senate seat. Currently, the Republicans have at least 53 seats, with two more elections to come—Arizona and Nevada—although the two Democratic candidates running for these seats are currently in the lead.It is reported that McCormick has the support of Coinbase CEO Brian Armstrong and has openly supported the cryptocurrency industry, although he has not received support from any major cryptocurrency-affiliated PACs.

ChainCatcher news, Coinbase CEO Brian Armstrong posted on X expressing support for Pennsylvania Senate candidate Dave McCormick.McCormick is a strong advocate for the cryptocurrency industry, and he stated in June: "Embracing cryptocurrency and blockchain will create tremendous job opportunities for our federation and benefit our national security." He emphasized that if Congress does not embrace the next wave of innovation, the United States risks being left behind.

ChainCatcher news, the Web3 freelance service platform Sorbet announced the completion of a new round of financing, with venture fund and accelerator Adaverse participating. The specific amount and valuation information have not been disclosed.It is reported that this investment is also part of Adaverse's $10 million investment plan. Sorbet aims to encourage more creative individuals to enter the Web3 industry by eliminating freelancer fees and intermediaries. Its tools allow for seamless payment of wages to freelancers using stablecoins, enabling direct and fair interactions between them and their clients.

ChainCatcher news, the Web3 traffic aggregation marketing platform LinkTo announced the successful completion of its seed round financing, with investment institutions including Adaverse, Ruby Capital, Warrior Wealth Fund, BitValue Capital, and Block Infinity Limited.It is reported that LinkTo is dedicated to addressing the core challenges of advertising and marketing in the current Web3 ecosystem, including improving advertising efficiency, ensuring marketing transparency, and optimizing user engagement. By introducing advanced traffic flow technology and AI algorithms, LinkTo aims to provide a platform for brands and advertisers that can accurately target and effectively reach their desired audience, while ensuring data security and user privacy.

ChainCatcher News, American emerging bank Dave announced that it has reached an agreement with FTX Ventures Ltd to purchase its previously issued convertible note to FTX, originally amounting to $100 million, at a discounted price of $71 million.It is reported that FTX has filed a motion in its bankruptcy proceedings seeking approval for the agreement, with a hearing scheduled for January 25, 2024. The completion of the transaction also depends on whether the bankruptcy court approves the agreement.

ChainCatcher news, Nigeria-based Web3 startup Nestcoin announced the completion of a new funding round of $1.9 million, with participation from Adaverse, Base Ecosystem Fund, Alter World, CMT Digital, Magic Fund, 4DX Ventures, and a group of angel investors.Nestcoin had previously suffered losses due to holding investment funds in FTX. The new funds will be used to build the non-custodial cryptocurrency wallet Onboard and to expand its newly established cryptocurrency training platform Breach and the cryptocurrency gaming association Metaverse Magna (MVM).

ChainCatcher news, Taiko's Developer Relations Engineer Lead Dave confirmed his attendance at the "Build For Miracle" series of thematic summits co-hosted by BlockBeats and MetaStone Group.It is reported that Taiko is an Ethereum Layer 2 scaling solution based on ZK-Rollup, building the world's first ZK-Rollup (Type 1 zkEVM) that is equivalent to Ethereum, aiming for maximum compatibility with Ethereum both technically and ideologically. Taiko's permissionless design maximizes decentralization and security while supporting the reuse of all Ethereum tools and code to ensure the smoothest development experience.

ChainCatcher news, Web3 smart contract generator Mazzuma has announced the completion of a new round of financing, with investment from Cardano ecosystem investment firm Adaverse, although the specific amount has not been disclosed. The new funds will be used to promote the launch of its new product MazzumaGPT.It is reported that Mazzuma is headquartered in Ghana, Africa, and aims to leverage artificial intelligence technology to help developers seamlessly generate smart contract code for Web3 decentralized applications, thereby accelerating the creation and deployment of blockchain smart contracts. (source link)

ChainCatcher news, car manufacturer Skoda has announced a partnership with Skodaverse India to launch NFTs, marking its first foray into the Web3 space. Users will be able to buy and trade NFTs in the Web3 environment of Skodaverse.The NFTs will be created based on the NEAR protocol, with each NFT unlocking exclusive experiences for users and enabling secure, transparent, and decentralized transactions through the use of carbon-neutral blockchain technology. (source link)

ChainCatcher news, blockchain anti-counterfeiting solution provider Chekkit announced the completion of a new round of financing, led by Cardano ecosystem accelerator Adaverse, with participation from RTA, HoaQ, Launch Africa, and Blockchain Founders Fund. The specific amount of financing has not been disclosed, but it is reported to be in the millions of dollars.It is reported that Chekkit mainly provides DAG blockchain anti-counterfeiting solutions for food and pharmaceutical supply chain tracking, offering manufacturers product serialization and traceability services that meet global standards. (Source link)

ChainCatcher news, according to techcabal, the digital banking platform BoundlessPay has announced the completion of its pre-seed funding round, with the specific amount not disclosed. Cardano ecosystem accelerator Adaverse and EMURGO Africa participated in the investment.BoundlessPay aims to establish a sustainable Web3 digital banking platform for cross-border transactions, built on the Cardano blockchain, supporting services such as cross-border collections, remittances, payments, settlements, and instant foreign exchange through USD stablecoins like USDT and Cardano USDA. (source link)

ChainCatcher news, CNBC reports, the U.S. Securities and Exchange Commission (SEC) stated that SBF made two $100 million venture investments through FTX subsidiaries using customer funds, specifically in Dave and Mysten Labs. If these two $100 million investments can be clearly linked to customer funds, there may be a possibility of recovery."The two $100 million investments made by FTX's affiliate investment tool FTX Ventures were funded by FTX customer funds, which had been transferred to Alameda." If the FTX bankruptcy trustee can determine that customer funds financed SBF's investments, they could recover these funds as part of the effort to reclaim customer assets.Previously reported, in March this year, the banking app Dave received a $100 million investment from FTX Ventures; in September, the Sui development team Mysten Labs completed a $300 million financing round, led by FTX Ventures. (source link)

ChainCatcher news, according to a report by Reuters, the banking app Dave, which announced a $100 million investment from FTX Ventures in March this year, stated that customer assets are not held at FTX and that there are no products launched in collaboration with FTX. Previously, Dave had stated that FTX.US would be its exclusive partner to explore ways to introduce digital asset payments into the Dave platform. (Reuters)

ChainCatcher news, according to techcabal, the African peer-to-peer cryptocurrency trading network Scalex has announced the completion of a strategic round of financing, with participation from the Cardano ecosystem accelerator Adaverse, though the specific amount has not been disclosed.It is reported that this round of financing is part of the company's pre-seed round, which also includes investors such as EMURGO Africa and Hacked Capital. Scalex provides a secure, guaranteed, and automated crypto platform by merging TradFi and DeFi infrastructure, helping African users easily connect to the crypto ecosystem. (Source link)

According to Chain Catcher news, incoming Kraken CEO Dave Ripley stated that there are no plans to delist tokens labeled as securities by the U.S. SEC, nor are there plans to register as a market intermediary with the SEC. (Source link)

Chain Catcher News, the cryptocurrency exchange Kraken announced that Kraken's Chief Operating Officer Dave Ripley will succeed Kraken co-founder and CEO Jesse Powell as CEO of Kraken, while Jesse Powell will become the Chairman of the Board.It is reported that Dave was the CEO of the original cryptocurrency wallet financing service company Glidera, which joined Kraken through acquisition. He previously worked at the Boston Consulting Group and has experience as a software engineer and product manager. During his tenure at Kraken, he successfully completed 16 acquisitions. (Source link)