ChainCatcher news, according to official news, Animoca Brands announced its investment in the SAFT seed round financing of Saltwater Games' token XR.Saltwater Games is a UK-based game studio and publisher, consisting of three game studios: Nexus Labs, which focuses on developing and publishing Web3, community-driven, real-time service games; Maze Theory, a premium VR and spatial game development studio; and Saltwater Labs, an innovative studio dedicated to developing emerging technologies in Web3 and AI.

ChainCatcher news, according to blockchaingamer, the UK-based Web3 and XR gaming company Saltwater Games has announced the completion of a new round of financing, with participation from Animoca Brands. The specific amount has not been disclosed, and this financing was conducted through a seed SAFT (Simple Agreement for Future Tokens). The support from Animoca Brands aims to facilitate the integration of Saltwater Games' Arbitrum Orbit L3 blockchain XR One with Animoca's member network Mocaverse.Additionally, according to the Web3 asset data platform RootData, Saltwater is a Web3 gaming company. Saltwater has acquired game developers Maze Theory, Nexus Labs, and Quantum Interactive, which developed games such as "Doctor Who" and "Blood and Truth."

ChainCatcher news, according to CoinDesk, the Salt Lake City office of the U.S. Securities and Exchange Commission (SEC), which has been controversial due to a failed fraud lawsuit against DEBT Box in the cryptocurrency world, will close due to "significant employee turnover." The SEC stated that this closure is based on budget and organizational efficiency considerations and will not affect other regional offices. In the future, enforcement jurisdiction will be transferred to the SEC's Denver office.It is reported that some employees were dismissed due to this case. SEC attorneys Michael Welsh and Joseph Watkins were sanctioned by a federal judge for attempting to freeze the assets of Utah cryptocurrency company DEBT Box on misleading grounds, and both resigned in April.Previous news, a federal judge dismissed the Debt Box case, requiring the SEC to pay $1.8 million in related fees.

ChainCatcher news, according to The Block, the ZK protocol Hinkal has completed a $1.4 million strategic funding round, led by SALT Fund, with participation from Draper Associates, SNZ Capital, and Peer VC.Hinkal co-founder and CTO Nika Koreli stated that the structure of this funding round is a simple future equity (SAFE) and token warrant agreement, which brings Hinkal's valuation to $70 million.

ChainCatcher news, according to CoinDesk, the Web3 gaming company Saltwater has completed a $5.5 million seed round financing, led by crypto investment firms Deus X and Fourth Revolution Capital (4RC). This round of financing will be used for team recruitment, investing in new technologies, and expanding the business into new areas.Previously, Saltwater has acquired game developers Maze Theory, Nexus Labs, and Quantum Interactive, which developed games such as "Doctor Who" and "Blood and Truth."

ChainCatcher news, according to CoinDesk, the crypto lending platform Salt, which was significantly affected by FTX, has completed a $64.4 million Series A funding round by selling shares to qualified investors. This funding will be used for its new products and growth strategy. It is reported that after obtaining regulatory approval, SALT is working to resume full operations in the first quarter of this year.Previously, in November 2022, Salt announced that it had suspended deposits and withdrawals due to the impact of FTX's collapse, but did not disclose the specific amount of its exposure to FTX. The online investment platform Bnk To The Future subsequently terminated its acquisition plan. (source link)

ChainCatcher News, the California Department of Financial Protection and Innovation (DFPI) will suspend the license of the cryptocurrency lending platform Salt for 30 days, pending the department's investigation into Salt's recent announcement to restrict its platform activities (including pausing customer withdrawals).ChainCatcher reported yesterday that the cryptocurrency lending platform Salt Lending sent an email to its customers stating that, due to the impact of the FTX collapse, it is suspending deposits and withdrawals on its platform, but did not specify the extent of its risk exposure. (Source link)

ChainCatcher news, according to CoinDesk, the online investment platform Bnk To The Future has announced that it will terminate its acquisition of the cryptocurrency lending platform Salt Lending due to FTX exposure risks. Previously, Salt Lending sent an email to its customers stating that it was suspending deposits and withdrawals on its platform due to the impact of the FTX collapse, but did not specify the extent of the risk exposure.It is reported that on September 2 last year, Bnk To The Future stated that it had agreed to acquire Salt Lending for an undisclosed amount, allowing users to borrow against their held cryptocurrencies as collateral. The transaction was contingent upon signing a final agreement and obtaining regulatory approval. (CoinDesk)