ChainCatcher news, according to official sources, Rooch Network has officially launched Grow Bitcoin on the testnet, an ecological acceleration platform designed specifically for Bitcoin users and project builders. The platform aims to connect Bitcoin users with innovative projects through incentives, promoting interaction and development within the Bitcoin ecosystem.Grow Bitcoin allows Bitcoin users to earn rewards, including GROW tokens and BitXP points, through simple participation steps. Both native BTC users and those participating in Babylon Staking can join without any barriers.In addition, project teams can showcase their projects on the platform and gain support and exposure through user voting, enhancing their influence within the ecosystem and earning BitXP point rewards.Experience it now: grow.rooch.network

ChainCatcher news, the blockchain game Axie Infinity's developer Sky Mavis announced a 21% layoff. Given that its global team consists of about 250 people, this decision will affect around 50 employees.The company's co-founder Nguyen Thanh Trung stated that this move is part of a refocus on core products and long-term strategy. Trung emphasized that financial constraints were not the reason for this decision, and affected employees will receive severance pay and employment placement support. (TechinAsia)

ChainCatcher news, according to Cointelegraph, Tornado Cash developer Alexey Pertsev will continue to be detained while awaiting trial. Pertsev recently expressed disappointment on X regarding the court's decision to extend his detention, believing it hinders his ability to prepare for an appeal.Previously, several Democratic members of the U.S. House of Representatives demanded that Treasury officials answer questions about the handling of the cryptocurrency mixing service Tornado Cash, which was sanctioned in 2022 but is still operational. The lawmakers emphasized that the usage of this mixer has "rebounded" this year, with $1.8 billion in deposits in the first half of 2024, a 45% increase compared to the entire year of 2023.

ChainCatcher message, trader Eugene stated on platform X that after an increase of 1.2 billion in circulation over the past 6 weeks, the current circulation of USDe is 3.7 billion. Over the past 6 weeks, the yield of sUSDe has ranged from 10% to 25%, and Deribit has accepted USDe as collateral for stablecoins. Ethena's fee conversion proposal has also been approved, ensuring that sENA holders are the primary beneficiaries of the protocol's success. These developments have exceeded expectations for ENA from 2 months ago, leading to a higher target price adjustment for ENA.

ChainCatcher news, according to Forbes, hardware wallet manufacturer Ledger has sold over 7 million devices and currently manages about 20% of the world's crypto assets, valued at approximately $400 billion.Ledger CEO Pascal Gauthier stated that the company is expanding from cryptocurrency security to a broader cybersecurity field. The Security Key application launched in September this year has entered the authentication market, which is expected to reach a market size of $40 billion by 2030.It is worth noting that Ledger has completed a total of $600 million in financing, including $380 million in Series C funding in 2021 at a valuation of $1.5 billion, and an additional $108 million in financing at the same valuation in early 2023.

ChainCatcher news, recently, KIP Protocol announced on its official Twitter that its AI deployment solution provider Kipley.ai has officially signed a Memorandum of Understanding (MOU) with the Thailand Institute of Scientific and Technological Research (TISTR). TISTR is the largest government research institution in Thailand, directly under the Ministry of Higher Education, Science, Research and Innovation of Thailand.The strategic cooperation between KIP Protocol and TISTR will utilize the AI tools of Kipley.ai to analyze stem cell samples with the utmost precision, promoting faster and more reliable breakthroughs in regenerative medicine.It is reported that the AI technology architecture of Kipley.ai has been applied in key fields such as life sciences, agriculture, and biotechnology by more than 200 universities, government agencies, and non-governmental organizations. This cooperation aims to address significant challenges in the biotechnology and medical fields, benefiting millions of patients worldwide.KIP Protocol is a decentralized underlying protocol focused on AI and is the world's first decentralized RAG network. Over the past year, KIP has continuously expanded its customer base in the education, entertainment, and government cooperation sectors, partnering with leading Web2 and Web3 companies, and consistently promoting real use cases of DeAI while achieving sustainable user growth.

According to ChainCatcher's message, on-chain analyst Yu Jin monitored that 1 hour ago, Cosmos developer Interchain Foundation continued to sell 3,000 ETH (worth $10.16 million) raised during the ICO in April 2017.Since the end of April this year, they have sold a total of 21,600 ETH (worth $55.97 million) at an average price of $2,591. They currently hold 383.8 BTC and 23,587 ETH, valued at $95.48 million.

ChainCatcher news, according to Finance Magnates, Bitcoin mining machine manufacturer Canaan Inc. has recently signed a securities purchase agreement to sell up to 30,000 shares of Series A-1 preferred stock to an institutional investor at a price of $1,000 per share. The agreement will raise $30 million to support the development of digital mining and equipment in North America.Previously, Canaan Inc. completed its Series A financing in September 2024, during which it sold up to 125,000 Series A convertible preferred shares.Canaan Inc. has also made progress in product development, with high demand for its Avalon A15-194T mining machines. The company has signed a follow-on purchase agreement with HIVE Digital Technologies to deliver 5,000 Avalon A15 mining machines in the first quarter of 2025. In addition to expanding its product supply, Canaan Inc. is also strengthening its mining operations in North America. Its subsidiary, Beet Digital LLC, has signed a joint mining agreement with Luna Squares Texas LLC (LS Texas). The agreement aims to expand Canaan Inc.'s mining capacity to 10 EH/s by mid-2025.

ChainCatcher news, Anoncast developer Slokh announced on Warpcast that the posting threshold has been reduced by 50%, from the original 30,000 ANON to 15,000 ANON. Previously, the address vitalik.eth purchased 30,303 ANON tokens, and Base ecosystem head Jesse Pollak also followed up with a purchase of 31,529 ANON.It is reported that ANON is an anonymous social token that combines ZK proof technology, created by anonymous users interacting with the AI Agent account @clanker in the Farcaster ecosystem through Superanon accounts. Users need to hold a specific number of ANON tokens to use related features, such as anonymous posting and social promotion.

ChainCatcher news, according to PRNewswire, the Move ecosystem development platform Shinami announced the completion of a $5.645 million seed round financing, led by Race Capital, with participation from 6th Man Ventures, Coinbase, Circle, and Mysten Labs, and additional investment from the Aptos Foundation (specific amount undisclosed).According to RootData, Shinami is building an infrastructure developer platform for Sui, with products designed to help teams build applications faster with a better user experience and lower costs, including node services, in-app wallets, and more.

ChainCatcher news, according to Bloomberg, informed sources revealed that Blackstone Inc. has recently completed a strategic investment of over $500 million in Lancium Inc.Lancium plans to build five data centers in the resource-rich areas of wind and solar energy in West Texas, with a total capacity of over 5 gigawatts, expected to be operational by 2028. The project aims to meet the energy demands of the surge in AI applications, including plans for on-site solar power generation and energy storage facilities.

ChainCatcher news, Port3 Network posted on X that Port3 has partnered with ERA AI to combine Port3's distributed computing capabilities with ERA AI's innovative artificial intelligence technology to jointly create a public blockchain for artificial intelligence. The two parties aim to build an intelligent, scalable, and secure blockchain ecosystem to provide exceptional AI-driven services to global users.According to RootData, Port3 is an AI service protocol that features large-scale Web3 datasets, a decentralized computing platform, and an open cross-chain execution layer. It acts as a bridge connecting on-chain and off-chain sources to establish a globally accessible data layer.