ChainCatcher news, according to Cointelegraph, Solana Foundation's strategic head Austin Federa has left the project to co-found a new protocol and network called DoubleZero, aimed at managing high-performance, permissionless networks.In a statement on X on December 4, Federa said that leaving Solana after four years was "one of the hardest career decisions I had to make," but the new role will allow him to still engage with the network "from a different perspective."According to Federa, his new project DoubleZero is not an L1 or L2 protocol, but a new type of global foundational layer network optimized for blockchain, designed to increase bandwidth and reduce latency.

ChainCatcher news, according to official sources, the Solana re-staking protocol Fragmetric has completed its Builder round of financing, with investors including Solana founder Anatoly Yakovenko, Solana Foundation chair Lily Liu, Jito Labs founder Lucas Bruder, Backpack founder Tristan, and Wintermute co-founder Yoann Turpin among others.Fragmetric has launched the SANG system: SolanA Network Guard, providing users with a convenient and fair path to participate in re-staking, ensuring the security and stability of the Solana network by integrating SOL and LST.

ChainCatcher news, the first Web3 game social platform based on Telegram Bot in the Solana ecosystem, LOScoin, announced the completion of a $2 million financing round. This round was led by the Solana Foundation, with participation from well-known institutions such as CMS Holdings, Impossible Finance, Yield Guild Games (YGG), and Monad.The token of the LOScoin project, LOS, is issued on the innovative protocol launch platform AI_MINT on the Solana chain, receiving strong support from AI_MINT CEO Keone Hon.LOScoin_Games is dedicated to deeply integrating Web3 innovative interactive experiences with the enthusiasm of the LOScoin MEME community, building a highly interactive, fun, and economically active DAO community to bring users a brand new gaming and social experience.

ChainCatcher news, the Solana Chinese community Solar and the Solana Foundation will host the Solana Hong Kong Startup Village in Hong Kong from October 9 to October 16, 2024. This event is co-hosted by the Web3 education platform HackQuest and supported by Hong Kong Cyberport. The Solana Hong Kong Startup Village will select 30 entrepreneurs from the Solana ecosystem within the Chinese-speaking region for a week-long Co-build, Co-live event.The event is also supported by several local Web3 companies and universities in Hong Kong, including OKX, Gate.io, Metalpha, Animoca Brands, ScalingX, Hong Kong University of Science and Technology, SOON, and SONIC. Selected Solana ecosystem entrepreneurs will have face-to-face exchanges with Solana Foundation staff and founders of leading ecosystem projects, visiting local Web3 companies and investment institutions to explore potential collaboration opportunities. This event is part of Solana's ecosystem building for founders in the Asia-Pacific region and marks the first time Solana Startup Village enters the Chinese-speaking region. Solana will also host the Solana Hong Kong Hacker House from October 24 to October 26.

ChainCatcher news, HackQuest will collaborate with Solar and the Solana Foundation to jointly launch the Solana Founders Fellowship, which will take place during the Solana Radar Hackathon. The Fellowship will start on September 20 and end on October 12, with rolling applications accepted during this period. The entire program will provide in-depth guidance to participants in areas such as technology, financing, and ecosystem support through multiple closed-door Office Hours and Workshops. The mentor team consists of members from the Solana Foundation and top project founders within the ecosystem, including Backpack co-founder Can Sun, Jupiter co-founder Siong, Drift co-founder Cindy, STEPN CRO Mable, Sonic co-founder Chris, Jambo co-founder James, Solayer core contributor Jason, Colosseum APAC head Cris, and SOON co-founder Joanna, among others. This session of the Fellowship Program will select 20 teams from the Chinese-speaking region. It is reported that this is the second Founders Fellowship Program organized by HackQuest in collaboration with Solana. In the first Fellowship, five teams won the Solana Global Hackathon Grand Prize, and several teams successfully secured follow-up funding.In addition, well-known investment institutions such as Coinfund, OKX Ventures, IOSG Ventures, Animoca Brands, SevenX Ventures, HashKey Capital, Find Satoshi Lab, Hash Global, and Gate Ventures will participate in Demo Day, providing project support and feedback. Teams selected for the Fellowship will also have the opportunity to receive a Travel Grant and be prioritized for selection in the Solana Hong Kong Founders House and to participate in the subsequent Solana X HackQuest Founders Bootcamp.Registration link: https://xsxo494365r.typeform.com/to/YB6H88tp

ChainCatcher news, Borderless Capital has launched its third DePIN fund, which has received $100 million in support. Investors in the fund include the blockchain Peaq, which focuses on DePIN, as well as the Solana Foundation and Jump Crypto.Borderless Capital partner Álvaro Gracia stated, "DePIN will become the global standard for deploying physical infrastructure, coordinating human resources, and creating billions of dollars in passive income, while providing users with convenient access and lower costs."

ChainCatcher news, according to The Block, ZKsync developer Matter Labs has hired former Solana Foundation Vice President of Marketing Meghan Hughes as its new Chief Marketing Officer.It is reported that Hughes previously worked at companies such as Google, Layer, and Box, and helped Box grow from its startup phase to its initial public offering. She has also held significant marketing positions at Facebook, Niantic, and Stripe.

ChainCatcher news, the Solana Foundation has released a Request for Proposals (RFP) announcement on the X platform to promote the development of open-source data tools for Solana. The development directions for the proposals include Solana Indexer Tooling and Solana Discriminator Directory, with funding of up to $160,000 available.

ChainCatcher news, Solana Foundation Executive Director Dan Albert responded to concerns about the decentralization of the network. He stated that the ability to coordinate patches does not mean that the Solana network is centralized.On August 9, Solana validator nodes discovered a serious vulnerability and coordinated a fix behind the scenes to avoid a network crash. The distribution and coordination of the patches were conducted behind the scenes. Albert emphasized that this should not be confused with centralization. He pointed out that there are 1,500 block production nodes globally, operated by numerous individuals, and the patches are open source, maintaining the characteristics of network decentralization.

ChainCatcher news, according to The Block, Solana Optimistic Network (referred to as SOON) has announced the completion of a new round of financing. Investors include Lily Liu, chair of the Solana Foundation, Anatoly Yakovenko, co-founder of Solana Labs, Jonathan King, head of Coinbase Ventures, Mustafa Al-Bassam, co-founder of Celestia Labs, Robinson Burkey, co-founder of Avail, and Robinson Burkey, co-founder of the Wormhole Foundation, among others. The specific amount has not been disclosed.It is reported that the funds raised by Solana Optimistic Network will be used to build it into "the highest throughput rollup stack, providing scalability and efficiency for decentralized applications and any Layer 1 blockchain," by developing the flagship products SOON Stack and SOON Mainnet.

ChainCatcher news, the OKX Web3 wallet will collaborate with DePHY, Solana Foundation, AeroNyx, UpRock, and leading Solana ecosystem projects including Teleport, helium, Tensor, Dialect, Orca, Arcium, and Cudis to host the "DePIN DAY" themed event during SBC 2024.It is reported that this event will officially take place on August 6 at Solana's newly established office in Manhattan, New York, where industry leaders, investors, and entrepreneurs from the blockchain and Web3 fields will gather to discuss the evolution and future prospects of the Web3 ecosystem, as well as the latest trends, challenges, and potential solutions in the blockchain landscape for 2024.

ChainCatcher news, the Solana Foundation announced on X that it has launched a $400,000 grant for open-source developers of Solana Actions and Blinks Tools, and is officially soliciting new grants. Projects receiving funding from the foundation must be publicly available for others to use, open source, have source code available for foundation review, be innovative, and add value to the ecosystem.