ChainCatcher news, blockchain solar company Glow has completed a $30 million financing round, led by Framework and Union Square Ventures. This round includes $6.5 million in funding for the company and $23.5 million in solar investments.Glow's CEO and co-founder Vorick stated that he plans to use this funding to expand the company from 5 megawatts of power to 600 megawatts over the next 18 months and to expand into new countries.Glow operates a DePIN network composed of solar power plants in the United States and India. To encourage its farms to move beyond the "dirty" energy grid, the founders designed a holistic economy based on subsidies and token incentive models.

ChainCatcher news, according to The Block, the physical asset tokenization startup Plume Network announced that, in collaboration with Projective Finance, it has provided users with $100 million worth of solar assets, allowing users to earn returns on solar assets by depositing crypto assets (such as stablecoins).Plume Network plans to tokenize approximately $1.25 billion in physical assets by the fourth quarter, including not only solar assets but also mining rights and medical reimbursement claims.

ChainCatcher news, according to Decrypt, Indian police recently cracked a case of fraud impersonating a government solar energy project, seizing $100,000 worth of USDT with the assistance of Binance exchange. It is reported that the fraud gang impersonated officials from the Indian Ministry of Power, claiming to have obtained the rights to expand the national solar network, luring individual investors under the guise of helping India achieve its renewable energy goals.The fraud gang promoted a company named "M/s Goldcoat Solar" through social media, impersonating senior government officials and displaying forged so-called proof of returns from previous investors. They used forged innocent personal information to activate SIM cards, establishing an extensive network to conceal their true identities.

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 has also received support from 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 the opportunity to engage in face-to-face discussions with Solana Foundation staff and founders of leading ecosystem projects, visit local Web3 companies and investment institutions, and 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, according to the official announcement, Binance's Japanese subsidiary Binance Japan has announced the listing of Theta (THETA) and Solar (SXP), with THETA being listed on a Japanese exchange for the first time.THETA will start trading on August 6 at 16:00; SXP will start trading on August 9 at 16:00;Supported trading pairs include: THETA/BTC, THETA/ETH, SXP/BTC

ChainCatcher news, the official Chinese community of Solana has announced the completion of its brand upgrade, officially upgrading to Solar Solana Chinese Community. Solar will continue the vision of the Solana Chinese Community, continuously empowering the community, organizing various forms of ecological activities and localized developer education activities, and providing multi-faceted support for Chinese-speaking developers and entrepreneurs.It is reported that Solar is a brand new decentralized organization of the Solana Chinese Community, dedicated to promoting the vigorous development of the Solana ecosystem in Chinese-speaking regions. Over the past year, the Solana Chinese Community has organized more than 100 online and offline events in multiple cities across mainland China, Hong Kong, Taiwan, Singapore, etc., encouraging over 250 Chinese-speaking projects to participate in the Solana hackathon.Currently, the Solar community is recruiting early community contributors, including: technical experts, opinion leaders, community ambassadors, student ambassadors, and more.

ChainCatcher news, Nayiem, a member of the DPoS payment network Solar Network Foundation, tweeted that they plan to release the payment card SolarCard in the second quarter, with an official announcement coming soon.Previous report mentioned that Solar Network has partnered with the CeFi/DeFi solution Choise to launch a debit card service, which includes account features such as buying and selling cryptocurrencies, fee burning in SXP, etc. This service is available in approximately 140 countries/regions worldwide, including but not limited to the United States, China, South Korea, and Turkey. (Source link)

ChainCatcher news, the DPoS payment network Solar Network has partnered with the CeFi/DeFi solution Choise to launch a debit card service, which includes account features such as buying and selling cryptocurrencies, fee burning in SXP, and is available in approximately 140 countries worldwide, including but not limited to the United States, China, South Korea, and Turkey. (source link)

ChainCatcher news, according to Bloomberg, Coinbase has hired Daniel Seifert, the former CEO of German fintech company Solarisbank AG, as the Managing Director for Coinbase's European region. Nana Murugesan, Vice President of International and Business Development at Coinbase, stated that Coinbase plans to continue filling key positions in its European operations in the future.LinkedIn profile shows that Daniel Seifert also served as the Head of Operations and Client Support at Swiss investment bank UBS Partner and was a Vice Partner at consulting firm McKinsey. (Bloomberg)

According to Chain Catcher news and reported by CoinDesk, solar-powered Bitcoin mining company Aspen Creek Digital (ACDC) has completed an $8 million Series A funding round, led by Galaxy Digital and Polychain Capital.It is reported that ACDC was established in January 2022 and began operations in June this year at a 6 MW solar power facility in western Colorado. The miner will use the funds for its second mining facility in Texas, which will have a mining capacity of 30 megawatts (MW) and will be located at the same site as an 87 MW solar farm. The facility is expected to be operational later this fall. (CoinDesk)