ChainCatcher news, according to The Block, Twitter co-founder Jack Dorsey's payment company Block (SQ) plans to refocus on building devices for Bitcoin (BTC) miners and its self-custody crypto wallet, with part of the funding coming from abandoning the creation of a new decentralized internet known as "Web5" (established in June 2022) and reducing investment in the music streaming app Tidal.This decision was announced in the same week that Trump won the U.S. presidential election, where he promised to provide a more crypto-friendly environment in the U.S., with Bitcoin mining being one of the industries he pledged to support during his campaign.In addition to a letter to shareholders, Block also released its third-quarter financial results on Thursday. According to FactSet data, the company's revenue was $5.98 billion, below Wall Street analysts' average expectation of $6.24 billion. Subsequently, the company's stock price fell by as much as 10%.

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, Animoca Brands has recently opened a new office covering 28,000 square feet (2,601 square meters) in an emerging tech area on the southern side of Hong Kong Island, spanning two floors. This is about 10 times the size of a tennis court.Animoca Brands President Evan Auyang stated in an interview: "We have increased from 7,500 square feet to 28,000 square feet. Now Hong Kong is a tenant's market, and we believe this is a perfect time to create a collaborative space not only for ourselves but also for other companies in our portfolio."Although cryptocurrency is in a bull market, 2023 has been tough for Animoca, including facing pressure for layoffs and reducing the target size of its metaverse fund from $2 billion to $800 million. Auyang said, "As a company, we have to try. We have to accept failure as part of it," and added that today's Animoca has undergone several transformations in its brief history.Auyang emphasized the importance of government support in Animoca's decision to stay in Hong Kong, calling it "priceless," and spoke about the key moment when the Hong Kong Financial Services and the Treasury Bureau announced support for Web3 alongside Animoca CEO Yat Siu. (CoinDesk)

ChainCatcher news, according to the Wall Street Journal, Elon Musk will attend Trump's rally at Madison Square Garden in New York. It is reported that besides Elon Musk, well-known figures such as Robert F. Kennedy Jr., Dana White, Rudy Giuliani, and Tucker Carlson will also participate in this event.

ChainCatcher news, the Ethereum network MEME coin Daram will be listed on the Nasdaq advertising screen in Times Square, New York at 11:30 local time on October 25.It is reported that the current market capitalization of Daram is 12 million USD.

ChainCatcher news, according to Protos, Craig Wright seems to be representing himself in the latest lawsuit against Bitcoin Core and Jack Dorsey's payment company Square. Bitmex Research points out that the UK High Court case tracking shows that Wright recently filed a lawsuit as a "party," indicating that he may be pursuing the case without legal representation.Although the lawsuit specifically names the software used for distributing Bitcoin, Bitcoin Core, and Square Up Europe Ltd., the case tracking page does not specify the purpose of the lawsuit.Recently, Wright posted an article on X regarding the lawsuit and legal threats against MicroStrategy, but it is currently unclear whether this is related to the lawsuit.He is attempting to file three legal appeals in the UK, all of which are awaiting approval. Two of them are against the Crypto Open Patent Alliance (COPA), and one is against Peter McCormack.

ChainCatcher news reports that Craig Wright, known as "Satoshi Nakamoto," filed a lawsuit against BTC Core and Jack Dorsey's payment company Square in the High Court of England on October 10 as a "litigant in person," without hiring a lawyer. The specific purpose of the case has not been disclosed.Craig Wright also posted legal threats related to MicroStrategy on the X platform, and it remains unclear whether they are related to this lawsuit.Additionally, Craig Wright is currently attempting to initiate three appeals in the UK, two of which are against the Crypto Open Patent Alliance (COPA).

ChainCatcher news, Block Inc., the company behind subsidiaries such as payment processor Square, music streaming service Tidal, and Bitcoin financing company Spiral, has seen its market value surpass Coinbase for the first time since March.Coinbase's stock price fell last week, marking its worst week of the year to date. According to data from The Block, in March of this year, Coinbase's market value first exceeded that of Block Inc.According to Benzinga, analysts at investment bank Barclays have adjusted their rating on Coinbase from "Under Weight" to "Equal Weight," indicating that the company is expected to perform below its industry peers over the next 12 months. Barclays believes that a mature regulatory environment, stable diversification, and strong industry leadership suggest that the company's business is maturing and revenue is reliable. However, the bank also lowered its price target for Coinbase stock from $206 to $169.

ChainCatcher news, stablecoin payment platform Sling Money announced the completion of a $15 million Series A funding round, led by Union Square Ventures, with participation from Ribbit Capital and Slow Ventures. This round of funding will help Sling Money advance its mission of global payments. Transfers on Sling Money use Pax Dollar (USDP), a dollar-backed stablecoin issued by Paxos Trust Company. USDP and its reserves are strictly regulated by the New York State Department of Financial Services.Sling Money leverages stablecoin technology and a user-friendly interface to enable users to make instant transfers between over 50 countries, with almost zero fees. The company previously raised $5 million in a seed round led by Ribbit Capital.

ChainCatcher news, the founder of DefiLlama has updated the list of projects at risk of attack related to the domain registrar Square Space. In addition to the previously listed 103 domains, the newly listed domains include syncbond.com, gyro.money, rvrs.app, tempus.finance, rare.fyi, ferrum.network, looksrare.org, ratio.finance, opulous.org, nftearth.exchange, pxswap.xyz, aptoslabs.com, unifiprotocol.com, foundation.app, florence.finance, near.org, safe.global, mantadao.app, meowl.xyz, aftermath.finance, litecoin.org, flare.network, tna-btc.com.Previous news, the founder of DefiLlama announced the list of projects at risk of attack related to the domain registrar Square Space.

ChainCatcher news, DeFi yield market Pendle has released an analysis of the domain hijacking incident, stating that the website building platform Squarespace purchased all domain registrations and customer accounts from Google Domains in June 2023, leading to domain migration. Recently, attackers exploited a vulnerability in Squarespace to hijack domains hosted on its platform, including Pendle's domain. According to ICANN's policy, these domains will be unable to be transferred from Squarespace to other registrars in about 20 days.Forty minutes after the domain hijacking occurred, the Pendle development team successfully regained full control of the domain and took all necessary measures to ensure normal operations were restored. The Pendle protocol and smart contracts were unaffected, and funds are secure.

ChainCatcher news reports that according to Soccerverse's official Twitter, gaming giant Square Enix has joined the Soccerverse team and led its $3.1 million funding round. This investment will help Soccerverse innovate football management games through blockchain technology, allowing players to build dream teams, trade player influence, and experience the future of football gaming.Additionally, according to the Web3 asset data platform RootData, Square Enix is one of the most influential video game providers in the world. Its famous game series include: Final Fantasy®, Dragon Quest®, Tomb Raider®, and the legendary Space Invaders®.

ChainCatcher news, Coingecko co-founder and COO Bobby Ong posted on the X platform that they are currently experiencing a DNS attack, affecting Squarespace domain registration users. Users are advised not to interact with cryptocurrency and to wait for the issue to be resolved.Bobby Ong stated that a few months ago, Google sold its domain business to Squarespace, which enforced domain migration and removed 2FA verification, resulting in vulnerabilities for this batch of domains, some of which have been hijacked.

ChainCatcher news, DefiLlama founder 0xngmi stated on social media that he has compiled a list of domain names related to Square Space (partial) that may currently be at risk of being hacked, and advised to temporarily avoid them. The domains of Celer and Compound have just been hacked, with the main suspicion being an issue with their registrar Square Space (possibly hacked, or an insider...).The list includes 48 domain names, in addition to celer.network and compound.finance, it also includes pendle.finance, karak.network, hyperliquid.xyz, dydx.exchange, thorchain.com, threshold.network, nostra.finance, axelar.network, ariesmarkets.xyz, amnis.finance, mendi.finance, vertexprotocol.com, hop.exchange, polymarket.com, ouchi.finance, cellana.finance, orderly.network, aftermath.finance, yieldyak.com, evaa.finance, idle.finance, aftermath.finance, term.finance, steer.finance, wrapped.com, bitcow.xyz, hover.market, herewallet.app, pooltogether.com, xwin.finance, flat.money, kokonutswap.finance, mstable.org, klaybank.org, premia.finance, port.finance, antfarm.finance, sailingprotocol.org, d8x.exchange, pooltogether.com, apricot.one, tbtc.network, saddle.finance, toucan.earth.

ChainCatcher news, according to CoinDesk, Pi Squared, a company that utilizes zero-knowledge technology to achieve verifiable computation, announced that it has raised $12.5 million in a seed round led by Polychain Capital. Other participants in this round include ABCDE, Bloccelerate, Generative Ventures, Robot Ventures, and Samsung Next, as well as angel investors including Justin Drake from the Ethereum Foundation and Sreeram Kanaan, founder of EigenLayer.It is reported that Pi Squared is led by Grigore Rosu, a computer science professor at the University of Illinois Urbana-Champaign. The company plans to use the new funding to expand its products. Pi Squared's first product is the "Universal Settlement Layer," which can settle blockchain transactions in any programming language. Rosu stated that the company is also developing "Universal Zero-Knowledge Circuits," which will enable "trustless remote computation, AI, and interoperable smart contracts for any blockchain or dApp" through zero-knowledge technology. The project is expected to enter the testnet phase by the end of 2024.Additionally, the Web3 asset data platform RootData shows that Pi Squared uses zero-knowledge proof (ZK) technology to verify the correctness of any program's execution without relying on specific programming languages (PL) or virtual machines (VM). Based on the K framework and matching logic, it provides a universal and efficient verification method aimed at achieving seamless interoperability between blockchains, languages, and applications.