ChainCatcher news, Movement announced the results of the hackathon Battle of Olympus, during which a total of 2,100 project applications were received, with 85 reaching the finals, and ultimately 10 projects winning.Winners will receive multiple supports from Movement Labs, including grants of up to $100,000 from the Movement Foundation, exclusive access to Move Collective, referrals to Movement's venture capital network, ongoing technical support, resources and expert guidance, and eligibility for the MoveDrop program.Winning projects:Titan Track (Existing Projects)StakedMove: The preferred liquid staking token for Movement, enhancing network security and user yield opportunities;DeFi TrackGasyard: Cross-network gas optimization protocol that simplifies DeFi transactions and improves user experience;PicWe: Full-chain liquidity infrastructure that facilitates seamless asset transfers across the entire Movement ecosystem;AI TrackRNDM: AI-driven modular liquidity solution aimed at transforming automated market making in DeFi;SocialFi TrackPodium: A Web3 social audio platform that supports community-hosted discussions, connecting social media and blockchain;Movewiffrens (MWFs): A decentralized social media platform that reconstructs online interactions through blockchain-based identity and content ownership;NFT/GameFi TrackSeekers Alliance: A skill-based trading card game with an innovative NFT mechanism, showcasing advanced smart contract capabilities on Movement;Simemes: A meme-driven social gaming platform that combines internet culture with blockchain gaming;InfrastructureMovide: An advanced online IDE for Move, accelerating development on the Movement network;Scaffold Move: A comprehensive toolkit for building DApps, lowering the entry barrier for Movement ecosystem developers.

ChainCatcher news, according to data from Greeks.live, 18,000 BTC options are expiring, with a Put Call Ratio of 0.91, and the maximum pain point at $62,000, with a notional value of $1.1 billion. 212,000 ETH options are expiring, with a Put Call Ratio of 0.4, and the maximum pain point at $2,450, with a notional value of $510 million.Cryptocurrency remains weak, with fierce competition around the key level of $60,000, and ETH is also near the long-term support line of $2,300. A market reversal could happen at any moment. The market performance in the first two weeks of this fourth quarter has been poor, and the options market is also relatively sluggish, with the current open interest in options having fallen to a new low since 2023.However, a sluggish market also breeds new trading opportunities. The at-the-money implied volatility (IV) for BTC on November 8 is only 50%, making it very suitable for building some medium to long-term bullish positions at low levels. This week, large bullish trades are gradually becoming active, and there is a high possibility of market movement around the U.S. elections.

ChainCatcher news, Oak Grove Ventures announced its participation in the $4 million seed round financing of the Movement ecosystem DeFi project Meridian. This round of financing was co-led by ParaFi Capital and Borderless Capital, with well-known institutions such as Amber Group, Saison Capital, and Interop Ventures also participating.It is reported that Meridian is a decentralized liquidity market and liquid staking protocol platform built on the Movement network. The platform utilizes smart contracts based on the Move language to provide deep liquidity for cooperative agreements while offering users secure and efficient asset yields. Meridian aims to become the central liquidity and yield hub of the Movement ecosystem, bridging the gap between the Move ecosystem and existing EVM and SVM solutions to provide users with broader DeFi opportunities.Additionally, the Web3 asset data platform RootData shows that Oak Grove Ventures is an early-stage investment fund focused on cutting-edge fields such as cryptocurrency, having successfully supported over 50 projects and 12 funds.

ChainCatcher news, according to PR Newswire, the decentralized liquidity market and liquid staking protocol Meridian, built on Movement, announced the completion of a $4 million seed round financing, led jointly by ParaFi Capital and Borderless Capital, with participation from institutions such as Amber Group, Saison Capital, Interop Ventures, and Oak Grove Ventures.With this funding, Meridian plans to expand its global team, actively recruiting talent in engineering, product, and marketing. The protocol is currently live on the testnet and plans to launch simultaneously on the Movement mainnet on its launch day.It is worth noting that compared to existing EVM and SVM solutions, the Move ecosystem currently accounts for only a small portion of on-chain liquidity and trading volume. Meridian plans to leverage the security and composability of the Move language to bridge this gap.

ChainCatcher news, the Web3 asset data platform RootData announced the hot search list for August, with the on-chain IP ecosystem Story Protocol, Bitcoin staking protocol Babylon, Bitcoin scaling solution Frctal, modular Move blockchain framework Movement, and decentralized full-chain data network Chainbase ranking in the top five.Other projects that made the monthly search list include Solv Protocol, Monad, Morpho, Aleo, TON, CARV, io.net, Orderly Network, zkSync, Grass, Sui, Fuel, Berachain, Particle Network, and Polymarket.It is reported that this list is based on RootData's monthly search data of over 300,000 searches, which can objectively reflect the market popularity and user attention of Web3 projects, serving as an important reference for users to discover quality early-stage projects.

ChainCatcher news, according to the official TON TG channel, the Ton community's digital resistance movement has had 4 million people sign the open letter.The TON community stated: "Pavel Durov has been released. This is an important milestone, and the TON Association will continue to support him until he achieves complete freedom. Technology is not a crime and must never be prosecuted."Previous news, the Ton community initiated a movement to support the Telegram CEO, calling on community members to change their social media profile pictures to participate.

ChainCatcher message, Camp Network announced a partnership with Movement Labs to bring social data functionality into the Web3 ecosystem. Through this collaboration, Movement Labs' dApp will be able to better target users, enhance user engagement, and create personalized experiences, thereby driving long-term growth and innovation for the platform.

ChainCatcher news, according to official sources, the Web3Port Foundation has announced a strategic partnership with Movement to jointly launch a $10 million ecosystem fund. This fund will be used to invest in native Movement DeFi, consumer, and gaming applications. Specifically, the fund will prioritize use cases that can only be utilized within the Movement network, such as customized high-throughput chains, innovative DeFi yield strategies, and full-chain computing.Through this collaboration, both parties are prepared to drive innovation and growth in several key areas: establishing a $10 million ecosystem fund, strengthening early projects, co-building the ecosystem, accelerator collaboration, providing capital and market support, as well as participating in influential events and offline activities.

ChainCatcher message, Trump posted on X: "Kamala Harris is the leader of the 'BANNING FRACKING' movement in America, and she has fought particularly hard for the 'No Fracking' movement in Pennsylvania. The people of Pennsylvania are smart, and they will understand that she will destroy this state. They will vote for Trump."

ChainCatcher news, according to the French newspaper Le Monde, the Telegram platform is often criticized for its lack of regulation, only implementing partial and very limited bans. Due to the absence of regulatory rules, Telegram has become a refuge for many political movements that are banned on all other platforms, such as the conspiracy movement QAnon, as well as Hamas, which has set up dozens of official and unofficial accounts there.Telegram had previously blocked one of Hamas's official channels in Europe. The organization, named "Hamas Movement," has about 150,000 subscribers, and the channel posted a video of Hamas militants kidnapping French hostage Mia Schem during the attack on the Nova music festival on October 7, 2023. However, Telegram's regulatory actions remain partial and very limited.

ChainCatcher news, according to The Block, since the self-custody wallet company Exodus Movement released its first quarterly financial report since its stock (ticker: EXOD) was listed on NYSE American in May.The report states that second-quarter revenue increased by 80% year-over-year, reaching $22.3 million. However, the company's cost of revenue also rose, resulting in a quarterly loss of nearly $10 million, compared to a profit of $1.9 million in the same period last year. The number of monthly active users this quarter also slightly increased from 1.2 million in the same period last year to 1.5 million.Exodus's funds are primarily concentrated in digital assets. The company holds approximately $70.7 million in cash and cash equivalents, including stablecoins and U.S. Treasury securities, as well as $195.5 million in digital assets, which includes $121.3 million in Bitcoin and Ethereum tokens.

ChainCatcher message, Movement announces that the DeFi protocol Frax Finance plans to natively deploy on the Movement blockchain today. As a key part of this plan, Frax commits to rewriting its entire Solidity codebase in the Move language.Frax will introduce at least four new assets on Movement: Frax stablecoin, sFrax (staked Frax), frxETH (a liquid staking token pegged 1:1 with ETH), and FXS (the staking and governance token of the Frax ecosystem). Frax will also deploy Fraxlend, Frax CDP, and its staking contracts on Movement.Both parties will work together to provide $10 million in protocol liquidity and offer incentives for existing Frax users to cross-chain to Movement. Frax plans to complete the deployment on the first day of the Movement mainnet launch.