ChainCatcher news, according to official sources, the Manta ecosystem L3 network Gull Network has announced the completion of a $1.6 million private funding round, led by Morningstar Ventures and Ozaru Ventures, with participation from GBV, MH Ventures, Banter Capital, Sky Vision Capital, Asteroid Capital, Andromeda Capital, Momentum 6, and others.It is reported that the new funding will be strategically used to accelerate product development, enhance network infrastructure, and expand the talent team. In addition, Gull Network plans to use this investment to promote partnerships, expand its ecosystem, and strengthen its marketing efforts.

ChainCatcher news, according to official reports, Morningstar Ventures announced an investment in the blockchain development company Coti to support the development of its ecosystem and L2 privacy solutions.

ChainCatcher news, the NFT platform Moove Protocol jointly launched by Two3 Labs and CowCow announced the completion of its seed round financing, led by Morningstar Ventures, with participation from ZBS Capital, Alpha Protocol Ventures, Let's Go Ventures, NXGen, Antiga Capital, and renowned angel investor Vijay Pravin Maharajan (bitsCrunch).

ChainCatcher news, regarding "Avalanche blockchain explorer Snowtrace is about to shut down," TradingStrategy founder Mikko Ohtamaa commented that the service fee required by EtherScan is between $1 million and $2 million per year.Previous news, Avalanche blockchain explorer Snowtrace announced that it will be discontinued at 8:00 AM Beijing time on November 30. The community speculates that this move may be due to the Avalanche team deciding to stop paying for Snowtrace services. Snowtrace is the Avalanche C-Chain block explorer developed and operated by the Etherscan team.

ChainCatcher news, Flagstar Bank confirmed that its acquisition of certain assets of Signature Bank's bridge bank and assumption of certain liabilities does not include any digital assets, crypto-related assets, or deposits. Signature Bank's digital payment platform Signet is also not part of this transaction.Previous report, Flagstar Bank nearly purchased all of Signature's deposits and company assets valued at $38.4 billion. This includes Signature's $12.9 billion in loans, and additionally, Flagstar Bank paid for FDIC stock worth up to $300 million. (TechCrunch）

ChainCatcher news, the interactive immersive digital art gallery 37xDubai announces the completion of over $5 million in funding, led by Dubai-based digital asset and blockchain investment firm Morningstar Ventures. The gallery is expected to officially open in the first quarter of 2023.37xDubai aims to be a bridge between art and technology, with its underlying modular technology supporting rapid updates of exhibited digital collectibles, bringing a new concept to the market focused on Web3 education, traditional art, digital art, entertainment, and community. (source link)

Chain Catcher news, the MMORPG game Age of Zalmoxis based on Elrond has completed its private funding round, with the amount undisclosed. This round was led by Morningstar Ventures, with participation from Egld.gg, dacorum.gg, Istari Vision, RR2, and SL2 Capital.Previously reported, on May 6, the public chain Elrond announced the establishment of the gaming guild egld.gg in partnership with its strategic partner Morningstar Ventures, aiming to promote the development of Elrond's ecosystem P2E games through the creation of gaming communities, investments, education, and scholarships (lending of in-game assets). (source link)