ChainCatcher live report, at the Solana 2024 Breakpoint conference, Permissionless Labs founder David Rhodus stated that Pipe Network is in the private testing phase and will soon announce testnet information. Users can join by running a Pipe POP node or using Pipe CDN.

ChainCatcher news, according to CoinDesk, the internet infrastructure network Pipe Network, supported by crypto incentives, has completed a $10 million funding round led by Multicoin Capital.David Rhodus, CEO of the startup Permissionless Labs building Pipe Network, stated that in the vision, people can quickly scale CDN nodes in the most needed areas by borrowing existing computing power. Their computers will help end users access cached content, which may be difficult to deliver quickly due to distance from the hosting servers.Pipe Network will be built on the Solana network and plans to launch its testnet at the Breakpoint conference in Singapore.

ChainCatcher news, the Bitcoin DeFi protocol Tap Protocol announced on its social platform that it has completed the first airdrop snapshot at block height 832433, with a second snapshot scheduled for Q2. Addresses holding TRAC and PIPE during both snapshots will receive an additional 50% airdrop allocation.

ChainCatcher news, the one-stop Web3.0 security development environment and middleware engine Hamster has announced comprehensive support and compatibility for the Move-based Sui network. As of now, Hamster has successfully completed the automated pipeline invocation of Sui contract templates based on the Move language and has opened a one-stop node deployment RPC service for the Sui network. With this, developers within the Sui ecosystem can modularize, toolize, and streamline their development processes, allowing for quick onboarding and integration into the ecosystem.It is reported that as a one-stop developer platform infrastructure, Hamster's comprehensive integration and compatibility with the Sui network will significantly lower the development threshold for developers entering the Sui network and improve development efficiency. In addition, multiple Move language contract templates based on the Sui ecosystem's DeFi, NFT, and other tracks are currently being iterated and updated. (Source link)

ChainCatcher news, alternative finance investment company Pipe announced that three co-founders, co-CEO Harry Hurst, co-CEO Josh Mangel, and CTO Zain Allarakhia, will resign from their executive positions.Previously, it was reported that the company provided loans of up to $80 million to several crypto mining companies, and some of these companies have already gone bankrupt, forcing them to write down this amount. A spokesperson for Pipe clarified that no $80 million loan was issued, nor was there any write-down of related receivables, but confirmed that Pipe is indeed providing financing channels for crypto mining hosting companies. However, the spokesperson declined to disclose information about financial losses and the names of cooperating mining companies, citing "not sharing financial data" as the reason.In addition, Pipe was valued at $2 billion in a round of financing last year. The company previously established a partnership with Compass Mining, which is currently facing financial difficulties. (Forbes)

Chain Catcher News: At the 8th Global Blockchain Summit hosted by Wanxiang Blockchain Lab, Filecoin founder Juan Benet delivered a speech titled "Overall Planning of Filecoin," in which he stated that the future overall planning of Filecoin is divided into three phases: 1. Building the world's largest decentralized storage network; 2. Uploading various human data and developing large-scale data loading pipelines; 3. Combining data and computation.It is reported that Filecoin is currently in the second phase, working towards the goals of this phase through several major projects. At the beginning of this year, the total data usage across the network was approximately 20PB, which has now risen to 185PB. Furthermore, in the third phase, Filecoin plans to introduce programmability for the Filecoin Virtual Machine in the first quarter of next year, launching a series of testnets that will allow many teams to build based on the testnets. Currently, 25 teams are already developing on the testnet. Over 2000 new projects are currently being developed or have been deployed on Filecoin, and the number of projects continues to grow.Filecoin is also building compatibility with the Ethereum Virtual Machine, meaning that developers can directly call contracts from Ethereum's FVM without any changes, at most just altering the deployment path for deployment. Another very important dimension for Filecoin is the creation of cross-chain bridges that connect with other blockchains.