ChainCatcher news, the Web3 identity layer idOS has completed a $4.5 million financing round, led by Fabric Ventures. idOS has currently formed an alliance with Arbitrum, Circle Ventures, RippleX, GnosisDAO, NEAR Protocol, and others. This alliance aims to develop the Web3 identity layer and promote the adoption of decentralized identity across the Web3 space.According to reports, idOS is a decentralized data storage and access management protocol. It enables the ecosystem to provide an identity layer for dApps to address compliance-related user onboarding issues and significantly reduce friction. For users, idOS offers control over their data and the ability to decide with whom to share their data.

ChainCatcher news, according to The Block, the decentralized trading platform Crypto Valley Exchange (CVEX) has completed a total financing of $7 million through pre-seed and seed rounds, led by Fabric Ventures and Kyber Capital Crypto Fund, with participation from AMDAX, Wave Digital, Funfair Ventures, Seier Capital family office, Five T Group, and Saxon. This funding will be used to launch its DEX mainnet this summer.It is reported that CVEX aims to provide transparent and low-cost futures and options trading for cryptocurrency holders.

ChainCatcher news, Ethereum fund flow protocol Superfluid announced the completion of a $5.1 million strategic financing round, led by Fabric Ventures, with participation from Multicoin Capital, IOSG Ventures, Circle Ventures, Safe Foundation, The LAO, Taavet+Sten, and others. This round of financing concluded at the end of last year and has a structure similar to the company's seed round financing, which includes equity with token warrants.It is reported that Superfluid raised $9 million in seed funding in 2021. The strategic financing is nearly three years late and is smaller in scale than the seed financing. Superfluid co-founder and CEO Francesco George Renzi stated that Superfluid has raised the necessary funds, brought in the right investors, and is moving the project to the next stage.In addition, the Superfluid protocol was launched in 2021, allowing crypto projects such as decentralized autonomous organizations to pay recurring salaries and rewards in single-chain transactions using its "super tokens." Super tokens can create cash flows between parties. Today, Superfluid launched the "distribution pool," which can create a fund pool that can be allocated to multiple recipients.

ChainCatcher news, the NFT sports game analysis platform Podium (formerly known as SorareData) has completed a €2 million funding round, led by Fabric Ventures, with participation from Sfermion and Seedcamp. Podium stated that its data analysis product SorareData has over 12,000 paid subscribers, and this funding round will also support the launch of ReignMetrics, a customized data analysis tool for DraftKings Reignmakers.

ChainCatcher news, the Web3 open-source software developer platform ONLY Dust has completed a $3 million financing round, led by Fabric Ventures, with participation from Frst, Ergodic (LambdaClass), and Stake Capital.It is reported that ONLY Dust supports permissionless innovation on an open platform, helping to build a "trustless" peer-to-peer network and a token-driven incentive and governance system. ONLY Dust provides support in areas such as ZK Rollups, privacy, and decentralized finance for 500 developers from 17 countries. Starkware, Starknet Foundation, OP Foundation, Nethermind, Aptos, Zama, and the Ethereum Foundation all use ONLY Dust to coordinate cash and token rewards for contributors.

ChainCatcher news, Web3 player co-creation game startup Strider has completed a $5.5 million funding round, led by Makers Fund and Fabric Ventures, with participation from Shima Capital, Sfermion, Magic Eden, and several other funds. To date, the company's total funding has reached $8.5 million.Strider co-founder Andrew N. Green was a well-known partner at the venture capital firm a16z. They initially aimed to build a DAO governed by token holders for a story-driven gaming community, but later shifted back to the core of gaming. It is reported that they have established some early crypto infrastructure to support content ownership and cryptocurrency rewards. (source link)

ChainCatcher news, Web3 loyalty platform Cub3 has completed a $6.5 million Series A funding round, led by Bitkraft and Fabric Ventures, with participation from CMT Digital, Red Beard Ventures, and Geometry Labs. The Cub3 platform helps brands create loyalty programs and incentivizes users to complete tasks in the form of tokens. (Source link)

ChainCatcher news, Israeli web3 marketing company Addressable has announced the completion of a $7.5 million seed round financing, led by Fabric Ventures and Viola Ventures, with participation from North Island Ventures and Mensch Capital Partners. The new funds will be used to simplify marketing to anonymous crypto users and expand Addressable's solutions to include support for other blockchain and social media integrations.It is reported that Addressable collects data from a range of blockchains, including Ethereum and Polygon, and then uses big data technologies such as Apache Spark to index blockchain and social data, which is then used to build audiences and deploy machine learning models to associate profiles. Currently, Addressable is utilizing Twitter data and Twitter Ads Manager to provide its services. (source link)

ChainCatcher news, the crypto lending platform Celsius is attempting to recover over $6 million from the $8 million investment commitment made by venture capital firm Fabric Ventures. According to a court document filed on Tuesday, Fabric was set to invest over $8 million in Celsius's Series B funding round, in three installments. Celsius stated that it completed its extended Series B funding round in November 2021, raising $400 million to a total of $750 million at a valuation of $3.25 billion.According to the timeline agreed upon last April, Fabric made the first payment of $2 million in May. Subsequent payments were supposed to be $2 million in June and $4 million in July. The arrangement did not go as planned. Celsius filed for bankruptcy in July, and recent court documents show that Celsius's liabilities exceed $6.7 billion, while its assets are valued at only around $3.9 billion, resulting in a $2.8 billion gap on its balance sheet. The newly submitted court documents state: "This lawsuit seeks recovery of the amounts of two unpaid installments, namely $6,003,379, plus interest, fees, and other relief as set forth below." (source link)

ChainCatcher news, the Web3 gaming community platform Earn Alliance has announced the completion of a $4.75 million seed round financing, led by CoinFund and Fabric Ventures, with participation from Blockchain Coinvestors, MAD World Ventures, and angel investors. The Alpha version of the Earn Alliance platform is scheduled to launch on December 15 of this year.It is reported that Earn Alliance is building a community platform with tools and features including Web3 games, a gaming intelligence news feed, soul badges, a task system, and articles. (source link)