ChainCatcher news, the encrypted venture capital firm IOBC Capital announced several globalization plans at the "Crypto Grand Voyage" event in Singapore. IOBC Capital partner Alva Xu stated, "IOBC is divided into two business segments: direct investment and FOF. In terms of FOF, IOBC Capital has invested in several top crypto venture capitals this year and will continue to invest in many high-quality crypto venture capital firms globally in the near future; in terms of direct investment, IOBC Capital has participated in projects including bloXroute and LayerZero, and will focus on innovative projects in infrastructure and middleware sectors next."At the same time, IOBC Capital also announced a funding plan for high-quality non-profit technology research organizations worldwide to help advance the industry and build a high-quality crypto ecosystem together.In addition, Alva Xu mentioned that offices have been opened in the United States and Europe, and teams will be established to open offices in Singapore, Dubai, and other locations in the near future.

According to Chain Catcher news and a report by CNBC, SoftBank's Vision Fund has initiated a comprehensive layoff, with a layoff rate of 30%, affecting 150 employees. SoftBank's CEO and founder Masayoshi Son stated that the company will review the scale and structure of the organization and plans to implement cost reductions, as the company's losses reached a record 3.2 trillion yen (approximately 23.4 billion USD) in the three months ending in June. It is reported that despite the significant losses, SoftBank is still considering launching a third Vision Fund.Examples of SoftBank Vision's investments in the crypto industry include DeFi trading service company BloXroute and blockchain gaming company Improbable. (Source link)

Chain Catcher news, bloXroute Labs Chief Operating Officer @eyalmarkov tweeted that their MEV service was interrupted for several hours due to an undiscovered bug during testing. During the performance degradation, there were a total of 100 missed slots, of which 88 were missed because of their service, and they will pay the validators as soon as possible. (Source link)

ChainCatcher news, DeFi trading acceleration tool bloXroute announced the launch of its first service, the Serum API, for the Solana network. This API is designed for the Serum DEX, offering advantages such as fast transmission, reduced entry costs, and improved performance.It is reported that bloXroute is a blockchain infrastructure provider dedicated to solving scalability "bottlenecks," serving DeFi traders on public chains such as Ethereum, Polygon, and BNB Chain. Its provided mempool and transaction/block infrastructure products have improved trading profitability for DeFi traders. In April of this year, bloXroute completed a $70 million Series B funding round, led by SoftBank Vision. (source link)