ChainCatcher news, according to official sources, OKX has announced that it is the world's first virtual asset exchange to obtain MiCA pre-authorization. OKX will operate through its European Economic Area (EEA) hub located in Malta, providing localized crypto services to over 400 million users in Europe. This milestone achievement not only highlights OKX's long-term commitment to compliant operations but also reflects its core philosophy of responsible growth and user protection.OKX CEO Star stated, "I am very proud that OKX has become the world's first exchange to obtain MiCA pre-authorization. This not only demonstrates our commitment to the highest compliance standards but also showcases our positive contributions to the advancement of the industry. In the future, we will provide more comprehensive services for users in the European Economic Area (EEA), including trading support for over 240 cryptocurrencies and more than 260 trading pairs, a localized customized platform, professional customer support, and many more features. We will continue to work hard to build a new future for a decentralized and transparent global crypto ecosystem."

According to ChainCatcher news, the stablecoin aggregation sales infrastructure platform AlloyX announced the completion of a $10 million Pre-A round of financing. Investors include Solomon Fund, Arbitrum Foundation, Offchain Labs, PMT Capital, Ming Capital, Fern Win Capital, Whitecove Capital, and Kiln SAS. The new funds are intended to expand global stablecoin infrastructure and plan to scale its operations in the UAE, ASEAN, and Africa.

ChainCatcher news, the crypto asset innovation lab SuperFi Labs announced the completion of a $2.5 million financing round. This round was led by the supply chain financial technology listed company Linklogis, with participation from well-known institutions and practitioners such as SNZ, Taiko, and ByteTrade. Previously, Generative Ventures completed an angel round investment as an early investor.SuperFi Labs is dedicated to integrating mainstream financial assets with the crypto settlement system, creating a more efficient and transparent diversified allocation method for global qualified investors. On the asset side, SuperFi will aggregate high-quality on-chain and off-chain assets to provide asset managers with stable sources of income while retaining tokenized income opportunities, enhancing the efficiency of asset capital circulation in this digital process. On the funding side, SuperFi Labs significantly lowers the participation threshold for holders of different on-chain cryptocurrencies by building DeFi protocols. Currently, its first lending protocol products AgentFi and Sake have been launched on multiple blockchain networks, and it will explore more possibilities.A relevant person from Linklogis stated: "Linklogis focuses on the application of advanced technologies such as AI, blockchain, cloud computing, and big data in the field of supply chain finance, with an annual cumulative asset processing scale exceeding $40 billion. We look forward to SuperFi Labs' innovative attempts to connect mainstream finance with the crypto world. By bringing high-quality supply chain financial assets into the crypto world, SuperFi Labs is pioneering a new paradigm of real returns."The CEO of SuperFi Labs stated: "We are very grateful for the trust and support of our investors. SuperFi Labs will continue to deepen the circulation of mainstream financial asset returns in the new blockchain financial system, reducing industry friction through technological innovation, and providing stable and reliable income sources for cryptocurrency holders."It is reported that this round of financing will be used for product development, market expansion, and team building, promoting the launch of asset-side RWA products and funding-side DeFi products, further improving SuperFi Labs' product matrix and enhancing user experience.

ChainCatcher news, cryptocurrency exchange Coinbase has withdrawn its pre-application to enter the Turkish cryptocurrency market, and the reason for the withdrawal is still unclear. Turkey's financial regulators have updated the list of companies applying for clearance, confirming that Coinbase has withdrawn its application. Bitfinex, Bitbns, Bitlo, OKX, and Rain Software are still seeking opportunities in Turkey by providing custodial services through their applications.

ChainCatcher news reports that, according to official sources, the fully homomorphic encryption network Mind Network has announced the completion of a $10 million Pre-A funding round, with major investors including Animoca Brands, Arkstream Capital, Cogitent Ventures, G Ventures, MH Ventures, Master Ventures, Moonhill Capital, SwissBorg Ventures, and IBC Group. This funding round also attracted participation from well-known angel investors, including Ether.fi CEO Mike Silagadze, as well as prominent figures in the crypto space such as Mario Nawfal, Mr. Block, and Kyle Chassé. Following this funding, Mind Network plans to expand its business by integrating more staking protocols and continue to release supporting infrastructure. Users holding staked assets from partner agreements can redeem vFHE on Mind Network and participate in FHE voting.It is reported that Mind Network is a fully homomorphic encryption (FHE) layer for AI and POS networks. This layer accepts re-staked tokens from ETH, BTC, and AI blue-chip tokens and operates as an FHE verification network, providing consensus, data, and cryptoeconomic security for decentralized AI, DePIN, EigenLayer, Symbiotic, and Babylon AVS among other POS networks. Mind Network has previously received support from Binance Labs, Hashkey, Big Brain, and Chainlink, and has been funded by the Ethereum Foundation for its FHE research on Ethereum.

ChainCatcher news, the game ecosystem project Moonveil officially announced the completion of its Pre-A round financing, with a total financing amount of 9 million USD. This round of financing was led by Spartan, with participation from Gumi Cryptos Capital, Hashkey, Animoca Ventures, Hivemind, and Mask Network.It is reported that Moonveil is a game ecosystem focused on the quality of game products, deeply empowering user experience through a ZK-powered L2 blockchain. Its flagship games AstrArk, Bushwhack, and several other games within the ecosystem will soon enter testing.

ChainCatcher news, according to official news from UniSat, it completed its Pre-A round of financing in May this year, with Binance as the lead investor, although the specific amount of financing has not been disclosed.The announcement stated that this strategic investment strengthens the existing technical and business partnership between the two parties, laying a solid foundation for further cooperation in the future.

ChainCatcher news, the Web3 game social metaverse platform Yuliverse has completed a $4 million Pre-A round of financing, led by LIF Capital, with participation from Spyre Capital, Presto Labs, DWF Labs, Sending Labs, 2 Punk Capital, G20, CSP DAO, 071 Labs, Titans Ventures, Ultiverse, HC Capital, among others, bringing the total funding to over $6 million.This round of financing will be used to build a new generation of Gamefi + DePin model, aiming to become the largest decentralized personal behavior data network by combining user location and behavior data.

ChainCatcher news, Hong Kong digital coupon platform Mezzofy announced the completion of a $2 million Pre-A round financing, led by Isola Capital's fund IPVF VII, with participation from Ooosh Tech Lab and the Hong Kong government's Innovation and Technology Venture Fund (ITVF). The company stated that it will use the funds to support the accelerated launch of Web3 products and plans to utilize big data, artificial intelligence, and blockchain technology to make each digital coupon serialized and traceable.

ChainCatcher news, according to CoinDesk, zero-knowledge (ZK) hardware startup Cysic announced the completion of a $12 million pre-A round of financing, led by HashKey Capital and OKX Ventures. The new funds will be used to accelerate the generation of ZK proofs in a faster, more cost-effective, user-friendly, and decentralized manner.According to Web3 asset data platform RootData, Cysic completed a $6 million seed round financing last February, led by Polychain Capital, with participation from investors such as Hashkey, SNZ Holding, A&T Capital, ABCDE, and Web3.com Ventures.

ChainCatcher news, Inception Capital tweeted that it has participated in the Pre-A round financing of the browser extension wallet UniSat. OKX Ventures led the Pre-A round financing of UniSat Wallet, with participation from SWC Global, Vitalbridge Capital, and ABCDE.According to the Web3 asset data platform RootData, UniSat Wallet is a browser extension wallet that allows users to securely and easily store, send, and receive Bitcoin and Ordinals on the Bitcoin blockchain.

ChainCatcher news, Hong Kong Web3 music startup Star Nest announced that it has completed a $6 million Pre-A round of financing, led by Chuangqi International Limited, a wholly-owned subsidiary of the Hong Kong Stock Exchange listed company Guofu Innovation Limited. Star Nest will collaborate with Armonia Meta Chain to develop a metaverse game called Star Nest SpaceStar, which will include music, role-playing, and social features.In addition, Star Nest plans to launch its project representative NEST in the third quarter of 2024. Nest will receive a customized allocation of 2.1 billion NEST tokens for the project. Star Nest aims to build a more complete token economic system for the music industry through the NEST token, which will be widely used for purchasing concert tickets, blockchain game collaborations, metaverse consumption, governance voting, and other aspects.

ChainCatcher news, May 9, Bitcoin Asia 2024 kicks off, and the next-generation decentralized multi-chain trading platform UXUY, incubated by Binance Labs, announced the completion of a $7 million Pre-A round of financing in Hong Kong. Since its establishment, its total financing amount has exceeded $10 million. UXUY is an important builder in the Bitcoin ecosystem, with over 100,000 traders using Bitcoin Lightning Network services through UXUY.This round of financing for UXUY was supported by well-known institutions from Asia, North America, and Europe, including Binance Labs, JDI Ventures, UTXO Management (Bitcoin Magazine), Bixin Ventures, SWC Global, Comma3 Ventures, CMS Holdings, Matrix Partners, Satoshi Labs, Dewhales Capital, YBB Capital, GBV Capital, Web3 Vision, Pentos Ventures, Absoluta Digital, PAKA, DefinanceX, Dreamlabs, Greythorn Asset Management, NGC Ventures, Longrun Capital, Metalpha, GSR, and others.The funds raised in this round will be used for the construction of Bitcoin ecosystem infrastructure, focusing on facilitating efficient and low-cost transactions of assets such as Lightning Network Taproot Assets, Ordinals BRC-20, and Runes.UXUY co-founder Jordan stated, "We are excited to become strategic partners with all the investors! This year, we successfully built a bridge between the Bitcoin Lightning Network and the multi-chain ecosystem. UXUY will continue to promote the use cases and adoption of the Lightning Network in trading scenarios, contributing more to the Bitcoin ecosystem."

ChainCatcher news, according to The Block, the general zero-knowledge proof platform ZKM has completed a $5 million Pre-A round of financing and is preparing to launch a Bitcoin-based Layer 2 network, led by OKX Ventures, with participation from Amber Group, Metis Foundation, Crypto.com, and others.It is reported that ZKM is a network based on zero-knowledge proofs, aimed at unifying blockchains and creating a settlement layer on Ethereum. As part of these efforts, ZKM is developing a special transaction processing network called "entangled rollups," starting with the upcoming L2, which the project claims is built on the Bitcoin blockchain.

ChainCatcher news reports that, according to official sources, the Bitcoin native DA layer Nubit Pre-Alpha testnet will complete testing at 7 AM Beijing time on April 17.It is reported that Nubit previously launched a waitlist activity for the Pre-Alpha testnet. Participants need to connect their wallets and obtain an invitation code to accumulate 2000 points, which can unlock Gas coupons for paying transaction fees on the Nubit DA layer. Waitlist points can be earned through referring friends, holding BRC20 tokens, and Ordinals NFTs.According to the crypto data platform RootData, Nubit completed a $3 million Pre-Seed funding round in March this year, with investments from dao5, OKX Ventures, Primitive Ventures, and others. This round of financing is a key step for Nubit in establishing the first Bitcoin native data availability layer and aims to lead the modular paradigm shift in the Bitcoin ecosystem.

ChainCatcher news, according to The Block, the modular computing layer and ZK-RaaS platform Lumoz (formerly Opside) has completed a $6 million pre-A round financing at a valuation of $120 million, with participation from OKX Ventures, HashKey Capital, KuCoin Ventures, Comma3 Ventures, Kronos Ventures, Kernel Ventures, and Polygon co-founder Sandeep Nailwal.It is reported that Lumoz also plans to launch the mainnet of its computing layer in July, with the token generation event expected to take place in August. Last month, Lumoz was conducting a points program, where all points could be converted into future tokens, but the conversion ratio has not yet been determined.

ChainCatcher news, according to Bloomberg, Lithuania has positioned itself as a hub for fintech startups over the past decade, and will eliminate many cryptocurrency companies operating there when it begins issuing licenses next year. Simonas Krepsta, a member of the board of the Bank of Lithuania, stated that although Lithuania has registered about 580 crypto asset companies, the number of companies expected to obtain full licenses will be "far below this." He mentioned in an interview on Tuesday that the process will conclude in June 2025, and companies that do not pass the application will "leave the ecosystem."Krepsta stated, "The cryptocurrency industry has failed in a regulatory lax environment. We have a lot of evidence of this in the U.S., other European countries, and Lithuania. We have seen quite a number of failures, corruption cases, etc., which is a huge blow to the industry." He also noted that seven of the world's top cryptocurrency exchanges are already operating in Lithuania. He said that some digital asset companies operating there have already obtained licenses in other EU countries, which means they may not need to obtain authorization in Lithuania. It is reported that the EU's first unified cryptocurrency legislation, the "Crypto Assets Market," will come into effect in January 2025.Additionally, Krepsta mentioned that the central bank has been investing to ensure its staff understands the business models of cryptocurrency companies, and the central bank will begin implementing a licensing pre-assessment procedure in July, six months before MiCA takes effect.

ChainCatcher news, the Bitcoin native DA layer project Nubit has announced that the Pre-Alpha testnet is now open to the public.On this testnet, users can run Nubit's modular indexer and various modular extension dApps for Bitcoin.

ChainCatcher news, the Web3 game development platform Mirror World announced the launch of the game public chain Sonic based on SVM HyperGrid on Solana, and has completed a multi-million dollar Pre-A round of financing. The Sonic Devnet is expected to go live in April and will open the Sonic Odyssey points reward program to early participants. According to RootData, Mirror World has previously completed a $4 million seed round financing, with investments from institutions such as Galaxy Interactive, Republic Crypto, OKX Ventures, and Mirana Venture.Mirror World stated that Sonic is the first Gaming Chain on Solana, proposing the first scalability architecture HyperGrid, which can help game developers efficiently handle and manage game states, logic, and events. Sonic is 100% compatible with all EVM smart contracts and features a native game engine, providing game developers with comprehensive On-Chain game development components.

ChainCatcher news, on March 28, 2024, the decentralized AI content platform MyShell has completed a $11 million financing in its latest Pre-A round. This round was led by Dragonfly, with participation from well-known investment institutions such as Delphi Digital, Bankless Ventures, Maven11 Capital, Nascent, Nomad, Foresight Ventures, Animoca Ventures, OKX Ventures, and GSR. Additionally, this round of financing also received support from renowned angel investors including Balaji Srinivasan, Illia Polosukhin, Casey K. Caruso, and Santiago Santos.Dragonfly Managing Partner Haseeb Qureshi is very optimistic about MyShell's development, emphasizing: We are excited to support MyShell in continuing to explore new areas. MyShell is committed to open-source development and empowering creators, which is exactly what is needed to promote industry innovation and inclusivity.MyShell Co-founder Ethan Sun stated: MyShell will fundamentally change the ecosystem for AI creators. We will use the new funds to expand our operational scale and further support the development of the decentralized open-source AI community.