ChainCatcher news, the decentralized exchange SphereX has announced the official launch of its mainnet. The SphereX mainnet is supported by the Layer-2 scaling technology of zkLink Nova, aiming to ensure lower gas fees, enable more frequent transactions, achieve high transaction volumes, and seamless scalability.

ChainCatcher news, cybersecurity startup SphereX has completed an $8.2 million seed round financing at a valuation of $24 million. The round was led by Aleph, with participation from Pillar VC, Fabric Ventures, and Mensch Capital Partners. It is reported that its main product, SphereX Protect, aims to mark and block suspicious transaction executions through blockchain applications. The funds from this round will be used for product promotion and team expansion.