ChainCatcher message, Act I: The AI Prophecy announced on X that the ACT community will provide funding to GNON to support the development of a decentralized communication network called Echo Chambers. This network aims to provide a censorship-free, ban-free peer-to-peer real-time communication platform, allowing developers to freely deploy, test, and optimize models, fostering innovation and collaboration.

ChainCatcher news, according to a statement from the Australian police, the Australian police seized $6.4 million worth of cryptocurrency in an operation against the encrypted communication network Ghost, which authorities described as "specifically designed for organized crime." The seized cryptocurrency has been transferred to a secure cryptocurrency storage of AFP, and authorities will seek permanent forfeiture.

ChainCatcher news, according to financefeeds, cryptocurrency custody and trading company Bakkt will launch a crypto-exclusive electronic communication network (ECN) powered by Crossover Markets, designed to meet institutional needs.It is reported that BakktX will be supported by Crossover's high-performance technology, providing institutional and professional traders with matching latencies of less than 10 microseconds, customizable liquidity flows, and trading costs significantly lower than those of existing cryptocurrency brokers and trading platforms.

ChainCatcher news, the Web3 communication network SendingNetwork plans to launch WatchDog nodes on the Linea blockchain. Thanks to Linea's zk infrastructure and strong security culture, it has become an ideal choice for this node launch.SendingNetwork is committed to building a decentralized communication network aimed at reconstructing the TCP/IP model through blockchain technology. By using decentralized routers to connect wallet addresses, it enables wallet address-based peer-to-peer communication, where the main responsibility of the WatchDog nodes is to verify the normal operation of Edge nodes, ensuring the integrity and security of the network.It is reported that SendingNetwork previously announced that the WatchDog node sale will take place at the end of May. Community members will have the opportunity to participate more directly in the operation and maintenance of the network.According to the Web3 asset data platform RootData, the development company behind SendingNetwork, Sending Labs, announced on April 16 that it has completed a total of $20 million in seed extension round financing, with investments from SWC Global, Coinbase Ex-CTO Balaji Srinivasan, Signum Capital, Insignia Ventures Partners, and others.

ChainCatcher news, the cross-chain communication network Synapse has launched the test networks for Synapse Interchain Network and Synapse Chain to enable cross-chain communication.Among them, the Synapse Interchain Network (SIN) is the first optimistic proof-of-stake (PoS) cross-chain network, achieving trustless communication and settlement between chains. Applications built on SIN can access all blockchain data and liquidity.The Synapse Chain is an Optimistic L2, built on the SYN OP Stack, enabling native information interoperability and interconnection. As the hub of SIN, Synapse Chain serves as the inter-chain data availability layer for SIN, where all SIN states are published to Synapse Chain and used for message proof, adjudication, and fraud reporting. Additionally, Synapse Chain implements a modular Layer2 cross-chain, supporting cross-chain deposits and fast withdrawals from standard L2 bridges, native cross-chain communication, and instant cross-chain communication using SIN.

ChainCatcher news, decentralized wireless communication network company Helium Mobile has launched its pioneering decentralized $5 unlimited calling, texting, and mobile data plan in Miami.It is reported that Helium Mobile previously reached a partnership with American telecom giant T-Mobile to combine the nationwide 5G network with Helium's open-source decentralized network, reducing costs through "dynamic coverage" and personal networks.

ChainCatcher news, the decentralized real-time communication network Huddle01 has completed a $2.8 million seed round financing, with participation from Superscrypt, M31 Capital, Protocol Labs, East Ventures, Longhash Ventures, Good News Ventures, Balaji Srinivasan, Stani Kulechov, Dan Romero, and Juan Benet.It is reported that through this new round of financing, Huddle01 plans to develop its ecosystem to support thousands of applications and launch its node network to facilitate large-scale communication and reward them with Huddle01 tokens. In addition, Huddle01 will launch a funding program to enable developers to build applications on Huddle01's infrastructure. (source link)

ChainCatcher news, the cross-chain communication network Connext announced the winners of the Scaling Ethereum hackathon, with cross-chain NFT marketplace RarX, cross-chain recommendation system Followem, social platform DAOasis, and cross-chain/rollup yield protocol xEarn among the finalists. (Source link)

ChainCatcher news, according to Streetinsider, blockchain analytics company TRM Labs has announced the launch of the Web3 incident response communication network Beacon Network, which helps law enforcement quickly establish contact with cryptocurrency exchanges and other virtual asset service providers (VASP) after major crypto hacking incidents, allowing victims to recover stolen funds more quickly. Currently, cryptocurrency exchanges such as Binance, Circle, and Bittrex have joined the network. (Streetinsider)

ChainCatcher news, the Telecom Infra Project (TIP) has announced the establishment of a Metaverse-Ready Networks Project Group, aimed at transforming the way people interact by providing immersive experiences for fixed and mobile networks. Meta Platforms, Microsoft, Sparkle, T-Mobile, and Telefónica will serve as the initial joint chairs of the project group.It is reported that the Telecom Infra Project is an open-source organization initiated by Facebook in 2016, bringing together operators, infrastructure providers, system integrators, and other technology companies to collaboratively develop new technologies and reimagine traditional methods of building and deploying telecom network infrastructure. (source link)