ChainCatcher news, according to official sources, the decentralized ecological protocol based on Bitcoin, BLIFE Protocol, has announced the completion of a $7 million financing round. Investors include well-known institutions such as UTXO Management, BTC Frontier Fund, New Tribe Capital, Cypher Capital, DigiConsensus, PG Group, OIG Group, and Animoca Brands. Individual investors include Dingaling, Ysiu, Domodata, FarmerJoe, and Kuno. BLIFE Protocol stated that it will focus on building a cultural community platform within the Bitcoin ecosystem.

ChainCatcher news, stablecoin developer Hermetica has completed a $1.7 million seed round financing, led by UTXO Management. CMS Holdings, Ethos Fund, Trust Machines SPV, Newman Capital, Silvermine, and numerous angel investors participated.Hermetica has developed the yield-bearing synthetic dollar USDh, which is issued on the Bitcoin network. The company intends to use this funding to strengthen the USDh ecosystem, such as through custodial partnerships and enhanced liquidity. Hermetica plans to use this funding to expand into other Bitcoin L2s in the coming months, such as Arch Network and Bitlayer.According to RootData, Hermetica Finance is a non-custodial structured product protocol for Bitcoin. The Hermetica treasury uses automated options yield strategies to generate risk-adjusted returns in Bitcoin and stablecoins.

ChainCatcher news, according to official sources, the Bitcoin native stablecoin project Ducat on Runes has completed a $1.25 million Pre-Seed funding round, led by UTXO Management, with participation from THE CMS, Bitcoin Frontier Fund, Revelo Intel, MARIN DIGITAL VENTURES, Samara Asset Group, Bitcoin Startup Lab, Bitflow, X+, and others.Ducat addresses the centralization issues in the stablecoin market by providing a Bitcoin-native, self-custodial, and permissionless smart contract system, catering to Bitcoin holders' preferences for security and autonomy. The governance token DUCAT offers a stablecoin solution that combines Bitcoin's censorship resistance with decentralized native collateral.

ChainCatcher news, according to relevant announcements, the Hong Kong-listed company Boyaa Interactive has announced an investment of 1 million USD into the UTXO Management Bitcoin ecosystem fund to strengthen its commitment to the Bitcoin ecosystem.In addition, according to Bitcoin Magazine reporter John Riggins, the company will also purchase 100 million USD worth of Bitcoin.

ChainCatcher news, according to official sources, the Bitcoin DeFi protocol Ordinox has completed a $1 million pre-seed funding round. This round was participated in by UTXO Management, Digital Asset Capital Management, CMS Holdings, Sats Ventures, Hidden Street, and STS Digital, with angel investors including BRC20 founder Domo also participating in this round.It is reported that Ordinox provides DeFi services on Bitcoin through native liquidity pools supported by the Cosmos SDK.

ChainCatcher news, the BRC20 infrastructure project BRC20.com announced the completion of a $1.5 million financing round, led by UTXO Management, the asset management division of Bitcoin Magazine's parent company BTC Inc, with participation from Zanshin Capital Management, Unbroken Chain, One Block Capital, Sora Ventures, OWL Ventures, Bitcoin Frontier Fund, Hamble, and New Tribe Capital.It is reported that BRC20.com plans to launch a mobile application that allows users to bridge, trade, and stake BRC-20 tokens via their phones. The company also plans to release a decentralized relay network for a new DeFi protocol supported by .COM tokens.

ChainCatcher news, according to official information, the OKX Web3 wallet plugin's UTXO management has launched the smart release feature, which can automatically identify worthless NFTs, as well as expired BRC-20 and BRC20-S inscriptions, and supports one-click release. In addition, according to the OKX Web3 wallet official reminder, manually releasing UTXO occupancy carries the risk of asset loss, and users need to ensure they have fully confirmed the value of the UTXO before using this feature.It is reported that the OKX Web3 wallet is a leading one-stop Web3 entry point, now supporting 80 public chains, with a unified app, plugin, and web interface, covering five major areas: wallet, DEX, DeFi, NFT market, and DApp exploration, and supporting the Ordinals market, MPC and AA smart contract wallets, gas exchange, and hardware wallet connections, among others.

According to ChainCatcher news, the official announcement states that the OKX Web3 wallet has launched the Bitcoin transfer UTXO management feature. Users can view and manage UTXOs occupied by Ordinals inscriptions when making BTC transfers, thereby releasing BTC liquidity. Currently, the OKX Web3 wallet is the first multi-chain wallet to support this feature on both mobile and plugin platforms.It is reported that with the development of the Ordinals ecosystem, more and more Bitcoin inscriptions are appearing. Some UTXOs occupied by abandoned Ordinals inscriptions may cause part of the user's balance to be unavailable, preventing normal BTC transfers. This feature allows users to conveniently view the assets occupied by Ordinals inscriptions and easily manage UTXOs by releasing and restoring the occupation. However, it should be noted that released UTXOs will be treated as normal balance consumption, and users need to confirm that the NFTs contained in the released UTXOs are abandoned assets.