ChainCatcher news, DeFi liquidity solution Ponder.One announced on X that it has officially completed all rounds of financing. Investors include ZBS Capital, OBLIVION, DWF Ventures, IBC, Basics Capital, and others.In addition, its public fundraising is currently taking place on Ape Terminal and WeWay.According to RootData, Ponder connects EVM and non-EVM blockchains through a unified framework, addressing the issue of fragmented liquidity and simplifying users' comparison and selection of various blockchain services, whether it be bridging, lending, insurance, or dealing with NFT markets. As a result, users can choose the best options that suit their unique needs without sifting through numerous dApp websites or manually comparing each solution.

ChainCatcher news, recently, the Oak Grove Ventures - Zhejiang University School of Software Blockchain Joint Laboratory team won the first prize at the CCF2024 China Digital Services Conference Service Computing Innovation Competition.This competition is co-hosted by the Teaching Guidance Committee for Software Engineering of the Ministry of Education of China and the Service Computing Special Committee of the China Computer Federation, making it one of the most influential events in the field of computer science in China, and it enjoys a high reputation internationally.The goal of the award-winning project is to utilize new generation information technologies (such as the Internet of Things, artificial intelligence, big data, etc.) to build a wide-ranging, responsive, and highly intelligent water area supervision system. Through technological innovation, this system can significantly enhance the efficiency and accuracy of water area supervision, achieve rapid identification and response to malicious behaviors, provide scientific basis for ecological protection of water areas, and ultimately realize intelligent water area governance. This project not only showcases the team's outstanding capabilities in scientific research and innovation but also highlights their excellent spirit of collaboration.

ChainCatcher news, global tier-one crypto venture capital firm K24 Ventures today announced the launch of its active on-chain secondary fund, with an initial fund size of $5 million, focusing on secondary market trading of on-chain digital assets. The fund's investment strategy will combine various screening tools such as on-chain research, whale analysis, and community consensus, with a particular focus on early meme coin projects.K24 Ventures believes that meme coins have become an important part of crypto culture, widely recognized by users, institutions, and major trading platforms, thus possessing significant investment potential. The fund plans to achieve substantial returns in the future through investments in on-chain assets and early meme coins.Founded in 2019, K24 Ventures' primary venture capital fund focuses on multiple areas within the crypto industry, including infrastructure, DeFi, AI, GameFi, and early investments in the Bitcoin ecosystem. In addition, K24 Ventures provides comprehensive support services for its investment projects, covering global KOL promotion, community building, market traffic strategies, and listing guidance, to assist in the long-term development of projects.

ChainCatcher news, Bitcoin infrastructure company Blockstream has completed a $210 million convertible note financing, led by Fulgur Ventures. This round of financing will be used to accelerate the market adoption of its Bitcoin Layer 2 technology, expand its mining operations, and increase its Bitcoin reserves.Blockstream's Layer 2 solutions include Liquid Network and Core Lightning.It is reported that over $1.8 billion in assets have been issued on the Liquid Network, including stablecoins, tokenized bonds, and securities, with approximately 3,844 Bitcoins (worth about $250 million) locked on-chain. The company plans to position Liquid as the "de facto infrastructure" for the tokenization of physical assets within the Bitcoin ecosystem.

ChainCatcher news, according to Chainwire, the Web3 mobile game project Flappy Bird Foundation announced the completion of a new round of financing of $2 million, led by Kenetic Capital and Scytale Ventures, with participation from Big Brain Holdings, Optic Capital, and 4SV. The new funds will support the project in adding a range of new Web3 features to attract both nostalgic players and a new generation of gamers.It is reported that under the management of the newly established Flappy Bird Foundation, the intellectual property of the game will continue to be protected.

ChainCatcher news, the Bitcoin staking platform Solv Protocol has completed a $11 million financing round at a valuation of $200 million, with participation from companies such as Laser Digital, Blockchain Capital, and OKX Ventures.According to RootData, Solv is a decentralized Bitcoin reserve protocol that unlocks the full potential of Bitcoin assets through liquidity consensus infrastructure. By addressing the fragmentation of BTC assets, yield opportunities, and custodial solutions, Solv provides Bitcoin holders with a gateway to BTCFi, continuously establishing pathways and confidence for traditional funds to enter the cryptocurrency world.Previous news reported that in August 2023, Solv Protocol completed a $6 million financing round, with participation from Laser Digital, Bytetrade Labs, and others.

ChainCatcher news, according to Cointelegraph, venture capital firms Gate Ventures and Boon Ventures have announced a partnership with Movement Labs to establish a new $20 million fund that will invest in Move ecosystem projects, including DeFi, GameFi, and interoperability solutions for data and asset transfer between the Move and EVM ecosystems. Startups supported by this initiative will also participate in its mentorship program and hackathons, and have the opportunity to join the blockchain interoperability research grant program.

ChainCatcher news, according to informed sources and a regulatory document, venture capital firm Khosla Ventures has raised a $405 million special purpose vehicle (SPV) to invest in OpenAI's $6.6 billion funding round.Informed sources revealed that the SPV will consist of funds from Khosla Ventures and external investors. Venture capitalists typically support startups, but they also pool funds through SPVs to participate in later funding rounds.Previously, projects that Khosla Ventures has invested in include: NEAR ecosystem blockchain infrastructure company Calimero Network, Worldcoin, investment app Seashell, Chain (XCN), and others.

ChainCatcher news, according to The Block, Bitcoin ecosystem stablecoin developer Yala has completed an $8 million seed round financing, led by Polychain Capital and Ethereal Ventures, with participation from Galaxy, Anagram, ABCDE, Amber Group, HashKey Capital, Satoshi Lab, and UTXO Management.The funds from this financing will primarily be used for team expansion, product development, and security enhancements, as well as preparations for the mainnet launch. Additionally, investors have committed to collateralizing over 2,000 bitcoins to Yala.It is reported that Yala's mission is to connect Bitcoin with major ecosystems through stablecoins as a medium, enhancing Bitcoin's liquidity. Its modular architecture allows Yala to deploy across EVM-compatible platforms (such as Ethereum) and non-EVM systems (such as Solana), thereby enhancing Bitcoin's composability and promoting the development of an open Bitcoin DeFi ecosystem. According to official sources, Yala's testnet will be launched next week.

According to ChainCatcher news, Bisonswap has completed its Series A financing, with strategic participation from institutions such as Alves Ventures and Dekrypt Capital.Bisonswap is a decentralized exchange based on UTXO, supporting the trading of various crypto assets and attracting user participation through liquidity incentive mechanisms to enhance overall liquidity. In the future, Bisonswap will continue to expand its ecosystem, optimize user experience, and promote the development of decentralized finance.

ChainCatcher news, Oak Grove Ventures announced an investment in the Bitcoin ecosystem oracle service provider APRO Oracle. Participants in this round of financing for APRO Oracle also include Polychain, ABCDE, Franklin Templeton, CMS Holdings, Comma3 Ventures, UTXO Ventures, Presto Labs, and others.APRO Oracle provides high security and fast response services covering over 15 public chains and more than 140 types of assets. Its Oracle 3.0 platform combines Bitcoin-level security with cutting-edge technology, serving multiple ecosystems such as TON Blockchain, Scroll ZKP, BNB Chain, and Mantle, while maintaining a leading position in the field of Bitcoin-native services.Oak Grove Ventures is a Singapore-based fund focused on early investments in the cryptocurrency and Web3 space, having successfully supported over 50 projects and 12 funds. This investment demonstrates confidence in APRO Oracle's potential to drive Bitcoin liquidity and decentralized applications, and is expected to accelerate the adoption of secure and efficient oracle services in the multi-chain ecosystem.

ChainCatcher news, Wintermute Ventures announced on platform X a strategic investment in the decentralized credit rating platform Synnax in collaboration with TON Ventures. As of now, Synnax's total funding has reached 1.55 million USD.The new funds will support the development of the Synnax credit intelligence rating protocol and its Telegram mini-program SynQuest, aiming to build a decentralized and transparent credit market and optimize the credit rating industry through predictive analytics obtained from decentralized data sources.

ChainCatcher news, Oak Grove Ventures announced its participation in the $4 million seed round financing for the Web3 game "Legend of Arcadia" (abbreviated as LOA). This round of financing attracted participation from several well-known investment institutions, including Animoca Brands, OKX Ventures, Arche Fund, Selini Capital, and SNZ Capital. In addition, Sebastien Borget, co-founder of The Sandbox, also joined this round of financing as an angel investor.It is reported that LOA is a multi-chain free-to-play casual strategy card game developed by Hong Kong game developer Mugen Interactive, which integrates traditional gaming elements with the Web3 GameFi 2.0 concept. The game is scheduled for official release in the fourth quarter of 2024, and this financing will be used to accelerate the game's development process. Oak Grove Ventures is an investment fund headquartered in Singapore, which has successfully supported over 50 projects and 12 funds.As a fund focused on early investments in the cryptocurrency and Web3 fields, Oak Grove Ventures is optimistic about the rich experience of the LOA development team in game production. The team consists of members from well-known Web2 gaming companies such as Tencent, Hero Entertainment, and Xishanju, with over 15 years of industry experience. Oak Grove Ventures will leverage its investment experience and resource network in the Web3 field to assist LOA in accelerating development and promoting its global adoption.

ChainCatcher news, the Nibiru Foundation will launch a strategic venture capital department, Nibiru Ventures, dedicated to supporting blockchain projects built locally within the Nibiru ecosystem.

ChainCatcher news, LongHash Ventures partner emmacui.eth shared insights on Token2049 and Solana Breakpoint on X.Key points are as follows:Funds and direct investment capital are drying up. Western general partners (GPs) are flocking to Asia for fundraising. Those unable to raise their next fund are seeking to change investment mandates to recoup capital. Funds are lowering their fundraising targets. The distributed capital return rate (DPI) for 2021 and subsequent years is very poor, while the multiple on invested capital (MOIC) is difficult to compare.Infra fatigue is real. There are over 700 side events, most of which are infrastructure projects. Everyone is trying to figure out a granular narrative to distinguish themselves from other infrastructure projects in the same category.Solana Breakpoint is refreshing. This event is filled with developers rather than BD personnel.The entire market is bullish for Q4 2024 and Q1 next year. The main catalysts are interest rate cuts and the U.S. presidential election. We have already seen price movements after Token2049.Reputation matters. As cryptocurrency matures, its surface area becomes larger. Investors/projects can conduct due diligence (DD) on specific founders/projects/investors in more ways. We are starting to see people put in more effort for DD before investing/hiring/joining projects. This is a sign of maturity.

ChainCatcher news, Castle Island Ventures partner Nic Carter stated that the intervention of U.S. regulators forced Silvergate Bank to voluntarily liquidate, otherwise the bank could have survived. Carter pointed out that the Biden administration had previously required Silvergate to limit cryptocurrency deposits to 15%, or face severe consequences. This move is seen as "Kill Switch 2.0," which aims to undermine banks that support cryptocurrency through covert rules, weakening the industry's development.Carter also noted that Silvergate's decision to voluntarily liquidate instead of entering the FDIC receivership process is "questionable," a situation that has occurred only a few times in the past 30 years.Carter believes that Silvergate's collapse is more due to regulatory pressure than a liquidity crisis.

ChainCatcher news, according to The Block, the blockchain project Initia announced the completion of a $14 million Series A funding round, led by Theory Ventures with participation from Hack VC and others. Angel investors include Keone Hon from Monad Labs, Bryan Pellegrino from LayerZero Labs, and Michael Egorov from Curve Finance.Initia co-founder Ezaan Mangalji stated that the company began its Series A funding earlier this year and completed the financing in June. The structure of this round is a Simple Agreement for Future Equity (SAFE) with token warrants, which brings Initia's FDV to $350 million.