ChainCatcher size, the early-stage venture capital firm Indico Capital Partners based in Lisbon has raised €76 million and announced that the Portuguese Bank (BPF) has increased its investment commitment to Indico VC Fund II from €35 million to €50 million.It is understood that the fund is dedicated to supporting early-stage tech startups in global markets, with investment areas covering artificial intelligence, big data, enterprise SaaS, fintech, marketplaces, Web3, and more. Since 2019, Indico has invested €90 million in 49 companies, which have raised over €1.9 billion in total funding from global investors. Indico VC Fund II is committed to supporting early-stage tech startups, and so far, the fund has completed 4 investments totaling €14.8 million.

ChainCatcher news, NegenTropy Capital partner Billy Wen posted on social media that, as one of the largest holders of SLERF, he failed to negotiate with the Slerf development team regarding the CTO (Community Take Over) matter, and thus decided to initiate FCTO (Fight For CTO) to fully address the remaining refund issues from the presale.

ChainCatcher news, IOBC Capital partner Alva Xu shared his insights on Token2049 on the X platform, noting several changes in the Crypto primary market from the perspective of an active Crypto LP:Some large funds from Europe and the United States are accelerating their fundraising efforts, and their commitment and focus indicate their determination to compete fiercely with Asian LPs. The conversation afterward was not exciting; AUM is the enemy of venture capital funds.European and American funds are squeezing the survival space of Asian funds, and LPs are becoming as valuable as quality developers, so IR will become increasingly important in the future.In today's market shift, some GPs are showcasing various strategies, such as buying OTC shares, pushing into the secondary market, and incubating projects. The core purpose is to prove they can outperform Bitcoin returns, and isn't the essence of venture capital to support great companies early on? Therefore, these flashy strategies might be less effective than returning to the original mission, which can resonate more with investors.In light of the current situation, this LP offered three suggestions for fund fundraising:Do not emphasize financial returns and DPI, as LPs can directly buy ETFs or hold BTC.Position yourself as an explorer in the industry; a strong desire for exploration and having your own worldview can better impress LPs, after all, investing in a company represents the kind of world you want to build.Conduct due diligence on each LP's strategic planning; understanding LPs' strategic investment layout is very important.

ChainCatcher news, according to Protos, Swan Bitcoin CEO Cory Klippsten explained the reasons for pausing the IPO and large-scale layoffs.Cory Klippsten stated: "The IPO plan was put on hold due to disagreements with a major financing partner for the custody mining business, leading to an inability to achieve the expected cash flow in the short term. Swan increased marketing expenses and hired more employees in anticipation of submitting IPO documents for SEC approval, but as the reasons for the large expenditures and funding disappeared, we had to cut back on marketing and personnel."Previous news, the Bitcoin financial services company Swan Bitcoin has abandoned its plans for a public listing, closed its managed mining department, and laid off employees in multiple departments.

ChainCatcher news, Perlone Capital partner Jin Kang tweeted this morning questioning the Starknet ecosystem DEX project ZKX, pointing out that it might be a scam.Kang highlighted three main issues: the team shut down the project just 6 weeks after the TGE due to "insufficient funds," suddenly changed the token unlock plan during the TGE, and the actual circulating tokens at the TGE exceeded the official documentation, leading to a price crash.He stated, "If this isn't a scam, then what is it?"

ChainCatcher news, LD Capital partner Li Xi posted on social media stating that this year, all the investments in the trading platform launched by LD Capital are showing profits on paper, but they are all paper values, as the shares belonging to VC are still 0 unlocked. Besides the VC that are "gathering the crowd," most VCs are just "big leeks" taking over. The primary market in this cycle has already become "hellishly difficult."

ChainCatcher news, Multicoin Capital partner Kyle Samani recently posted on social media that he launched Multicoin Capital with a scale of 2 million dollars in 2017, and now the AUM exceeds 3 billion dollars.He stated: "The investor relations team has only 2 people. We do not proactively reach out to investors; we only accept projects that contact us. In 2019, we failed to raise the VF2 fund."

ChainCatcher news, Eigenlayer ecosystem Web3 infrastructure service provider K3 Labs announced the completion of its Pre-Seed round financing, with participation from institutions such as Finality Capital Partners, Blockchain Founders Fund, and Aztlan Capital, although the specific amount has not been disclosed.According to the Web3 asset data platform RootData, K3 Labs is introducing Kubernetes and template-driven web service deployment combinations into Web3, enabling developers to easily design and deploy business workflows and applications that utilize decentralized computing, storage, and execution capabilities. The K3 stateless Rollup framework allows developers to deploy custom computing services and operate networks of operators to run arbitrary tasks in a trustless execution environment.

ChainCatcher news, former cryptocurrency investment firm Pantera Capital partner Steven "Seven" Waterhouse stated that he is currently raising $50 million for a new fund.

ChainCatcher news, according to tech.eu, the Web3 payment service platform Unlockit announced the completion of a €1.4 million Pre-Seed funding round, led by Eaglestone Capital Partners, with participation from Portugal Ventures and existing investors Reorganiza and Republica.It is reported that Unlockit is headquartered in Portugal and currently focuses on the real estate market, using blockchain payment software to simplify transactions and reduce speculation and fraud.

ChainCatcher message, according to on-chain analyst @ai_9684xtpa's monitoring, half an hour ago, ETH briefly fell below 3800 USDT, and this spike may have been driven by the MEV trading firm Symbolic Capital Partners.It is reported that the institution sold 6968 ETH (approximately 27.38 million USD) within one minute at 20:56, with an average selling price of 3930 USD; among them, one transaction sold 3497 ETH in a single go on-chain, with a bribe fee of 90 ETH.

ChainCatcher news, according to on-chain analyst @ai_9684xtpa's monitoring, the venture capital firm Symbolic Capital Partners, founded by the creator of Polygon, seems to have been selling ETH recently.In the past 18 hours, Symbolic Capital Partner has deposited 4,205 ETH to Binance, worth 13.18 million USD; while in the past seven days, a total of 21,519 ETH has been transferred, with a total value of up to 66.79 million USD.

ChainCatcher news, according to the official announcement, the Brazilian Web2 investment fund Acura Capital, which manages assets of 1.8 billion dollars, has partnered with the Latin American blockchain ecosystem Patex to establish a tokenized digital bank. It is reported that the bank will offer a combination of traditional banking services and modern cryptocurrency features, including digital and crypto banking solutions, aimed at meeting the needs of over 670 million users in the region.

ChainCatcher news, according to Coindesk, Pantera Capital partner Paul Veradettakit released 6 major predictions for the crypto space in 2024, including:· The revival of Bitcoin and "DeFi Summer 2.0": In 2024, users will see a surge in Bitcoin L2 and other scalable layers to support smart contracts, and the Bitcoin ecosystem may integrate with some Turing-complete smart contract language. As the Bitcoin DeFi infrastructure matures, users may see the total locked value (TVL) of Bitcoin DeFi rise from the current $300 million (< 0.05% of market cap) to 1-2% of Bitcoin's market cap (currently about $10-15 billion). Bitcoin network NFTs will also become increasingly popular.· More tokenized social experiences: Tokenization plays a key role in reshaping social experiences. Fungible tokens are more likely to be novel forms of points and loyalty systems, while non-fungible tokens (NFTs) are more likely to serve as profiles and social resources. Both can be traded on-chain and participate in the DeFi ecosystem.· Increase in TradFi-DeFi "bridges" such as stablecoins and mirrored assets: Institutional adoption is expected to increase significantly, seeking tokenized real-world assets (RWA) and TradFi financial products in addition to ETFs. TradFi assets will be "mirrored" in DeFi, while crypto assets will increase their exposure in the TradFi market, creating TradFi-DeFi "bridges" that connect these two worlds more closely, thereby increasing investor liquidity and diversification.· Integration of modular narratives and ZK narratives: Zero-knowledge proofs will become the interface between different components of the modular blockchain stack. This provides developers building DApps with greater flexibility and lowers the entry barrier for the blockchain stack.· More compute-intensive applications on-chain, such as AI and DePIN: Compute-intensive applications will become more economically viable on-chain in the near future.This includes vertical applications such as on-chain AI systems, decentralized physical infrastructure networks (DePIN), on-chain knowledge graphs, and fully on-chain games and social networks. All of these could fundamentally reshape the on-chain data economy, greatly improving the experience for users and developers as they free themselves from heavy gas fees and strict limitations on computing power.· Integration of public chains and the "central radiation" model of application chains: The surge of L1 and L2 in recent years has not made much difference to users, and smaller ecosystems must focus their efforts on specific verticals (such as social, gaming, DeFi) to maintain an advantage, effectively becoming "application chains" or "track chains."

ChainCatcher news, former partner Michelle Fradin, who previously led Sequoia Capital's investment in FTX, announced on the X platform that she has joined OpenAI. Michelle will be responsible for data work to help OpenAI (ChatGPT) build more useful models.

ChainCatcher news, Alfred Lin, a partner at Sequoia Capital who previously led investments in FTX, issued a statement on social media expressing agreement with the swift and consistent conviction of FTX founder SBF. SBF misled and deceived many, including customers, employees, business partners, and investors, including himself and Sequoia Capital. Following the collapse of FTX, Sequoia Capital immediately reviewed its due diligence process and assessed its 18-month working relationship with SBF, stating that they had been intentionally misled and deceived by lies.He also added that over the past year, they maintained silence during the prosecution's case-building and trial period and are pleased to finally see the trial come to an end.