ChainCatcher news, Panda Titan announced on X that it has transferred the original $2 million investment quota provided by Archer Capital to Greatverse DAO to further promote the project's development. Archer Capital had signed an investment contract for a $3 million investment in Panda Titan, but due to some unforeseen reasons, Archer was unable to follow up with subsequent investments.This adjustment is aimed at optimizing fund allocation, expanding cooperation with Greatverse DAO, promoting innovative ecosystem construction, and accelerating the project's growth. Panda Titan stated that the new partnership will bring more strategic support and resources to the company.It is reported that previous investors in Panda Titan include M2M Capital and several other angel investors.

ChainCatcher news, the DePIN digital resource network infrastructure Titan Network announced the completion of its seed round financing. This round of financing was led by Arrington Capital, with several well-known investment institutions including DePINX participating. This financing will further promote Titan Network's technological research and development and global market expansion in the DePIN field.As an innovator in the decentralized infrastructure network sector, Titan Network is committed to building an open, efficient, and secure digital resource network that matches idle resources in the community with global demand.Industry insiders speculate that due to the rapid growth in demand for decentralized solutions, the next trillion-dollar company could be a DePIN giant similar to Amazon's AWS cloud services.

ChainCatcher news, the metaverse blockchain game ecosystem Panda Titan has completed a $3 million financing round, with participation from Archer Capital. This round of financing will accelerate Panda Titan's pace in technological innovation and market expansion.The new funds will support Panda Titan in developing more games, applications, and improving the game launcher, while also expanding its community and partnerships.It is reported that Panda Titan is a metaverse blockchain game ecosystem based on the panda IP. Unlike typical blockchain game studios, Panda Titan is not limited to game development but is also actively developing and promoting products such as the metaverse, Web3 community building, game engine development, and game streaming platforms. The first platform game, Panda Titan World, is about to be launched, and more blockchain games and applications based on the panda IP are planned to create an exclusive ecosystem that provides the key to unlocking new dimensions of participation and interaction.

According to ChainCatcher news reported by Decrypt, the popular Japanese anime "Attack on Titan" will enter the crypto gaming world through a collaboration with the Ethereum metaverse game The Sandbox. This partnership will create an interactive "Attack on Titan Land" in The Sandbox's virtual world. The Sandbox, along with Minto and Copro Corporation, has obtained authorization from the IP owner Kodansha to produce NFTs and develop the themed area. The collaboration aims to present the apocalyptic world of the series in an interactive format.Sebastien Borget, co-founder and COO of The Sandbox, stated that "Attack on Titan" is not only a Japanese dark fantasy series but also a global phenomenon. The collaboration includes land sales, allowing users to purchase virtual real estate in the "Attack on Titan" area through NFTs. The themed environment and experience are expected to launch later this year.

ChainCatcher news, according to gate.io: The Gate exchange has launched a free subscription event for the Runes project SATOSHI•RUNE•TITAN (TITAN), which will officially be listed on the Gate exchange on June 10.It is reported that SATOSHI•RUNE•TITAN is the circulating token of the BTC2 layer network Layerx game launch platform, and its first Gamefi ecological chain game "Glorious Victory" has now begun large-scale public testing, allowing players to continuously earn SATOSHI•RUNE•TITAN tokens through the game.

ChainCatcher news, according to CryptoSlate, financial technology investment firm Titan Global Capital Management disclosed in a filing submitted on May 13 that it holds 1.6 million shares of IBIT (BlackRock Bitcoin Spot ETF), valued at $65.5 million. This investment makes Titan Global the fourth largest holder of IBIT. The amount invested by Titan Global in IBIT is also greater than any other investment disclosed in its filing. The company's second largest investment is in Amazon (AMZN) stock, valued at $37.6 million.Additionally, Ohio's KeyBank National Association disclosed in a filing submitted on May 14 that it holds 3,723 shares of GBTC stock, valued at $235,182. In 2021, KeyBank was ranked among the top 25 banks in the United States.

ChainCatcher news, German fintech entrepreneur and former head of European operations for cryptocurrency exchange FTX, Patrick Gruhn, purchased a gold pocket watch that survived the sinking of the Titanic for a staggering £1.175 million (approximately $1.5 million) last Saturday, setting a record for the highest auction price for Titanic-related artifacts.It is reported that this 14K gold pocket watch originally belonged to one of the wealthiest passengers on the Titanic, American real estate magnate John Jacob Astor IV. After placing his wife in a lifeboat, Astor chose to go down with the Titanic. On the night of the incident, he was seen smoking on deck until the ship sank into the icy Atlantic. A week later, salvage workers discovered the watch, engraved with his initials, on Astor's body, and remarkably, it was still ticking.According to the auction house Henry Aldridge & Son, Gruhn purchased the pocket watch as a gift for his wife, Maren Gruhn. They plan to exhibit this historical artifact in a museum in the United States, allowing the public to admire it.It is worth mentioning that Gruhn was the head of European operations under FTX founder Sam Bankman-Fried (SBF). At the end of 2022, SBF was arrested on fraud charges, leading to the bankruptcy of FTX. Gruhn stated that he was unaware of SBF's fraudulent activities before the collapse of FTX. He used the proceeds from the sale of the European operations to purchase the pocket watch. Currently, Gruhn has established a new cryptocurrency derivatives exchange in Europe and operates a German Catholic television network.

ChainCatcher news, according to GlobeNewswire, Singapore's cryptocurrency exchange Tokenize Xchange announced the launch of a new blockchain "Titan Chain" at Token2049. Titan Chain is a collaborative development between Tokenize Xchange and Titan Lab, designed as an innovative blockchain network based on the Cosmos SDK, ensuring compatibility with the Ethereum EVM.In addition, Tokenize Xchange announced the launch of a $100 million TKX token funding program, the Titan Lab Grant, aimed at promoting innovation and development on Titan Chain, encouraging global developers to deploy projects on the platform, and also providing migration services to existing projects.According to the cryptocurrency data platform RootData, Singapore's cryptocurrency exchange Tokenize Xchange completed a $11.5 million Series A funding round in March this year.

ChainCatcher News, the U.S. Securities and Exchange Commission (SEC) has charged Titan Global Management with violations related to cryptocurrency, stating that Titan used misleading hypothetical performance metrics in its advertisements, including claims that the Titan Crypto strategy had an "annualized" return of up to 2700%. Additionally, it failed to properly disclose how the company custodies cryptocurrency assets and did not "implement policies and procedures regarding employees' personal cryptocurrency trading."Titan has cooperated with the investigation, agreeing to the SEC's order that it violated the Investment Advisers Act, and issued a cease-and-desist order without admitting or denying the SEC's findings, while paying $192,454 in ill-gotten gains, pre-judgment interest, and a civil penalty of $850,000, which will be distributed to affected clients.

ChainCatcher news, the Uniswap development team won the game development competition for the on-chain racing game 0xMonaco: Battle of Titans, which was operated by the StarkNet-based blockchain game developer community MatchboxDAO. Other participating teams included Ledger, Polygon, Uniswap, NEAR, Yield Guild Games, Chainlink, OKX, and Bybit, with Uniswap, Polygon, and OtterSec ultimately reaching the finals.It is reported that in 0xMonaco: Battle of Titans, each team needs to devise strategies for each car before the race, including the proper management of resources for acceleration, launching missiles, super missiles, or purchasing shields, with each action costing tokens. Players will receive 17,500 tokens at the start of the game. Each car is a smart contract, and players can compete against each other's smart contracts and adjust their strategies by customizing smart contract logic to respond to opponents. (Source link)