ChainCatcher news, according to official sources, the modular blockchain network Hemi mainnet has officially launched.ChainCatcher previously reported that the modular blockchain developer Hemi Labs has completed a $15 million financing round, led by Binance Labs, Breyer Capital, and Big Brain Holdings, with participation from Crypto.com, HyperChain Capital, Alchemy, SALT Fund, Kelly Capital, Sunflower Capital, DNA Fund, Web3 Ventures, Quantstamp, TRGC, UTXO, Artichoke Capital, SNZ Holding, Capital6, IBG Capital, Protein Capital, MON Ventures, SV5, Impossible Finance, Wu Jihan (Bit Deer), and George Burke (Portal).According to the Web3 asset data platform RootData, [Hemi Network](https://www.rootdata.com/zh/Projects/detail/Hemi Network?k=MTM2NzE= "Modular Layer 2 Network") is a modular Layer 2 network that facilitates Ethereum smart contract functionality protected by the Bitcoin network. The chain introduces the Hemi Virtual Machine (hVM), which integrates a full Bitcoin node into the Ethereum Virtual Machine (EVM) — the core smart contract engine of Ethereum. HVM allows developers to create smart contracts that interact with the Bitcoin state, unlocking Bitcoin-based DeFi applications, including staking, lending markets, and democratized MEV markets.

ChainCatcher news, according to official news, Circle announced the launch of Modular Wallets, a new version of a programmable wallet that provides developers with greater flexibility in smart contract accounts, allowing them to build wallet solutions in a composable, single-point manner.Unlike user-controlled and developer-controlled wallets, modular wallets allow developers to choose only the components they need.

ChainCatcher news, the modular blockchain network Hemi will officially launch its mainnet on March 12, 2025, aiming to unify Bitcoin and Ethereum into a super network.According to the crypto asset data platform RootData, Hemi Labs completed a $15 million funding round last September, led by Binance Labs, Breyer Capital, and Big Brain Holdings.

ChainCatcher news, the modular real yield layer and Instagram application chain Cygnus has completed a $20 million Pre-Seed funding round, with participation from Manifold Trading, OKX Ventures, Mirana Ventures, Optimism Foundation Retro Funding, and others. This funding will enable Cygnus to expand its product range and strengthen its influence in key markets, driving the crypto industry into the era of super applications.Cygnus is dedicated to building a modular real yield layer, aiming to allow any blockchain to easily customize its own re-staking network and achieve shared security. Assets from both on-chain and off-chain can be deposited into Cygnus LVS to become liquidity validators, facilitating seamless coordination and economic security.Cygnus aims to build a transparent and decentralized economic network within emerging ecosystems and establish sustainable models that drive real-world utility and support mass adoption.

ChainCatcher news, the modular blockchain Sophon based on ZKsync has launched its mainnet.In addition, its token SOPH has been deployed in a non-transferable state, allowing users to be exempt from network fees during the initial phase. Rewards for node holders will start accumulating from January 1, 2025, and full transferability of the tokens will be opened in the first quarter of 2025.

ChainCatcher news, RootData announced on X that Movement (MOVE) will officially launch tonight at 8:00 PM (UTC+8). MOVE will be available for trading on major exchanges such as Binance, OKX, and Upbit.Movement has launched a modular framework for building Move-based infrastructure, applications, and blockchains. Its M1 version aims to connect EVM and Move liquidity, supporting customizable and scalable application chains. Movement has secured $41.4 million in funding support.In addition, RootData released a comparative chart of the market capitalization of modular projects, with the data capture time being December 9 at 16:45.

ChainCatcher news, the modular L1 network U2U Network has completed a $13.8 million financing round, with participation from KuCoin Ventures, Chain Capital, IDG Blockchain, Cointelegraph, V3V, JDI Ventures, Tesseract, IBG, Blockhive, Maxx Capital, and UB Ventures. The funds raised will support the ongoing development of U2U Network's Subnet technology.U2U Network is a Layer-1 blockchain that utilizes DAG technology and is EVM compatible. The innovative subnet technology of U2U Network enables developers to create scalable and flexible subnets, making it an ideal platform for efficient DePIN development. U2U Network is composed of 100 early contributors who are former employees of Ethereum, Google, and Infina.Chloe Phung, co-founder and co-CEO of U2U Network, stated that it is set to go public soon.

ChainCatcher news, according to The Block, the developer of the modular DEX protocol Valantis, Valantis Labs, has completed a $7.5 million Pre-Seed and Seed round financing.Deven Matthews, co-founder of Valantis Labs, stated that they completed a $3.5 million Pre-seed financing in April 2023, with Cyber Fund and Kraken Ventures co-leading the Pre-seed financing, which was valued at $20 million. In September 2024, they completed a $4 million Seed round financing, with SevenX Ventures leading the Seed round, raising the valuation to $40 million. Other participants included Semantic Ventures, Figment Capital, Robot Ventures, Anthony Sassano, and Sandeep Nailwal.Valantis provides a modular framework that helps developers build decentralized trading platforms through composable "modules."

ChainCatcher news, the full-chain data network Chainbase announced a strategic partnership with the modular data layer project CARV. Both parties will focus on three core areas: data interoperability, AI empowerment, and token incentives, aiming to accelerate AI-driven data utilization and value capture. The Chainbase data network will seamlessly integrate various asset data and on-chain reputation system data within the CARV platform, enabling users to access and deeply analyze CARV ecosystem data by deploying Chainbase Manuscript.In addition, CARV will utilize the crypto-native large language model Theia to empower the CARV ID function and AI Agents within the ecosystem, providing developers, users, and enterprises with more powerful AI tools and services. The two parties will also establish a dual-staking mining framework for $CARV and $C to enhance governance efficiency and create more value for token holders.

The modular DeFi protocol Mitosis announces the launch of its public testnet and the release of the XP system, allowing users to earn points and corresponding levels, as well as benefits based on their levels, including items and MITO token allocations.During the testnet period, early participants can obtain testnet assets through waitlist scores and levels.

ChainCatcher news, the AI modular asset protocol MUA7648 developed by the Web3 creator community MUA DAO, won the Best Innovative Integration Award at the "Decentralized AI Agent Hackathon" held by GaiaNet.The MUA7648 protocol promotes the modularization of AI Agent assets, supporting infinite issuance and royalty recursion through asset splitting and combination. This protocol aims to reshape the application model of blockchain-native IP assets, simplifying the process for users to transform any on-chain assets into new 3D & AR form AI Agent assets, enhancing liquidity while improving interactive experiences, and opening up new development areas for customizable AI Agents based on IP. Users can interact with numerous original AI Agents through its official website.In addition, MUA DAO announced the open-sourcing of the MUA7648 protocol to stimulate innovation and collaboration, empowering creators to freely develop diverse 3D AI Agents using cutting-edge AI technology, advancing the AI industry, and giving rise to new application scenarios.It is reported that its project token MUA is currently trading on platforms such as Gate.io, BingX, and BitMart.

ChainCatcher news, the modular Bitcoin Layer2 solution B² Network announced the completion of a new round of financing, led by Spartan Group, Animoca Brands, Alliance DAO, and P2 Ventures, with participation from Cypher Capital, Candaq Ventures, Future Money Group, Skyland Ventures, TPC, and Maxx Capital. The specific amount of financing has not been disclosed.B² Network stated that the newly raised funds will be used to optimize B² Network's performance, enrich the B² Network ecosystem, support the ecosystem fund Squared Ventures, explore more BTCFi opportunities, and expand B² Network's influence in the global market.

ChainCatcher news, the modular data layer CARV has announced that the token airdrop claim page is now live, distributing 40 million CARV tokens.The CARV airdrop is divided into three seasons, accounting for 10% of the total token supply.

ChainCatcher news, the modular AI agent infrastructure layer Theoriq announced the launch of its incentive testnet on X. According to the development roadmap previously published on its website, Theoriq is expected to launch the mainnet of its services by "the end of 2024."Meanwhile, the company will further develop its "Agent" during the testnet phase.According to the Web3 asset data platform RootData, ChainML is a modular and composable AI agent infrastructure layer for machine learning and related complex data-driven computing in Web3. ChainML collaborates with leading Web3 protocols as a design partner to apply machine learning to DeFi, gaming, social, and data infrastructure. In May of this year, ChainML raised $6.2 million in a seed round expansion financing and launched an agent infrastructure layer called Theoriq.