ChainCatcher news, the DeFi lending protocol Clearpool has launched on Arbitrum and has already issued a loan of $18 million to Flow Traders and liquidity provider Bastion Trading.Clearpool has also received ARB token funding from the Arbitrum Foundation to support the development and technical advancement of the protocol.

ChianCatcher news, according to an official tweet, the distributed credit protocol PADO has partnered with ZAN to provide users with a user-friendly, privacy-protecting lightweight eKYC service based on POV (Proof of Verification). Once users complete an eKYC certification, they can flexibly choose how to use the certification results through ZK credential verification. The certification results of POV can also be combined with PADO's services to provide users with RWA (Real World Asset) proof, offering richer real credit credentials for the Web3 community. This service has supported on-chain proof service frameworks for EAS and Polygon ID.It is reported that PADO is a service provider of cryptographic algorithm technology, aiming to build a reliable and secure distributed credit protocol. By using MPC-TLS technology to verify the authenticity of user access data while protecting user privacy, it combines IZK to provide users with various on-chain data proofs.ZAN, supported by AntChain OpenLab, is dedicated to protecting and optimizing Web3 applications, platforms, and businesses. ZAN provides a comprehensive range of technologies, products, and solutions for the Web3 ecosystem, including smart contract auditing (SCR), KYT (Know Your Transaction), KYC, node services, POV (privacy-preserving oriented identity authentication), and other customized services.

ChainCatcher news, the Web3 DID credit protocol Getaverse has completed a $2.5 million seed and institutional funding round, having secured investments from several well-known VC firms including Starry Capital, LD Capital, YBB Foundation, ChainUp Capital, Hotcoin Global, AC Capital, IBG, Polkafund, Catcher VC, and BlockACE.Getaverse, incubated by KuCoin Labs, aims to create a scalable credit protocol based on Web3 DID for digital certification systems, providing credit value for building a blockchain society. It is currently deployed on multiple chains with registered users exceeding 140,000+. Innovative Web3 projects can access and retrieve data through Getaverse's open API interface, including DEX, NFT, DeFi, GameFi, and other ecosystem applications.It is reported that Getaverse has launched the GETA IDO at 08:00 Singapore time on July 5, and will be listed on Gate.io at 20:00 on July 6.

ChainCatcher news, according to the latest reports, Getaverse has received investment from Hotcoin Global, with the investment amount yet to be disclosed. This investment will be used to develop a credit risk management system and AI components, as well as to enhance user experience.Hotcoin Global is one of the industry's leading cryptocurrency trading platforms, currently ranked among the top 30 globally. Since its establishment in 2017, it has served over 4 million users in more than 107 countries and regions, providing trading and investment services for hundreds of high-quality blockchain asset categories. It has also established operational sites and localized communities in multiple countries and regions, including the United States, Dubai, Singapore, and South Korea, to provide the best services to global users.Getaverse aims to create an industry DID credit protocol standard, with its platform users exceeding 140,000, and is expected to launch its IDO by the end of this month. It has already received investments from several VC institutions, including Donghao Securities, Starry Sky Capital, LD Capital, AC Capital, and ChainUp Capital. (source link)

ChainCatcher news, the Web3 credit protocol Getaverse has received investment from StarWin Group, which will accelerate the connection of the Getaverse credit protocol with real-world assets and expand the application of the DID credit system in traditional finance.It is reported that StarWin Group (Xinghe Capital) was established in 2015 by Guo Yuhang, the founder of Dianrong, in collaboration with Yu Minhong, the founder of New Oriental, and senior investment banker Sheng Xitai. The fund focuses on investment opportunities in finance, blockchain, artificial intelligence, and other fields. (source link)

According to ChainCatcher news, the Web3 credit protocol Getaverse has received investment from LD Capital, with the specific investment amount not yet disclosed. As the first DID credit protocol project invested by LD Capital, Getaverse will receive comprehensive post-investment services from LD Capital. This investment will be used to expand the DID platform, develop the DID credit management system and AI components, and enhance user experience.Getaverse is an innovative and scalable DID credit protocol, where users' DID identity information, credit scores, interaction behaviors, and other data are closely linked to the protocol, truly achieving multi-chain sharing of users' DID identities from a technical perspective.Currently, the Getaverse DID platform 2.0 has been launched, and the number of trusted verification nodes has exceeded 11,000. Getaverse will continue to leverage the advantages of the DID platform, standardize SBT technology, provide more SBT application use cases, and promote innovation and development in the field of decentralized identity management. (Source link)

ChainCatcher news, according to official sources, ChainUp Capital has completed its investment in Getaverse. It is reported that Getaverse is an innovative and scalable DID credit protocol, where users' DID identity information, credit scores, interaction behaviors, and other data are closely linked to the protocol, truly achieving multi-chain sharing of users' DID identities from a technical perspective. Meanwhile, Web3.0 projects can access services through Getaverse's open API, including but not limited to DEX, NFT, DeFi, Gamefi, Socialfi, and other ecological applications.ChainUP Capital is headquartered in Singapore and focuses on early-stage investments in blockchain-related enterprises, deeply laying out the upstream and downstream of the blockchain industry chain, helping invested projects provide comprehensive value-added services, and creating a new blockchain ecosystem that links production and investment. Currently, ChainUP Capital has invested in several companies, including Spider Mining Pool and Chainren Technology.ChainUp Capital's investment will help Getaverse further expand its global market share and promote innovation and development in the field of decentralized identity management. (Source link)

ChainCatcher message, the encrypted credit protocol [Debt DAO](https://www.rootdata.com/zh/Projects/detail/Debt DAO?k=Mjk4Ng==) announced the launch of its mainnet. Before the mainnet launch, Debt DAO underwent 3 months of Beta testing, with a total trading volume of approximately $150,000.It is reported that Debt DAO provides "revenue-based financing" for crypto entities such as DAOs and protocols, meaning that borrowers do not need to sell equity or provide collateral, but instead pay a certain percentage of their revenue to lenders. Once the debt is repaid, borrowers will receive 100% of their income and all the value created through the loan. Debt DAO claims this model is implemented through a smart contract called "Spigot," which "ensures that the borrower's on-chain cash flow automatically repays the lenders."According to the crypto data platform RootData, in August 2022, Debt DAO completed a $3.5 million seed round financing led by Dragonfly Capital. (Source link)

ChainCatcher news, according to the official Twitter, Asian investment institution AC Capital has completed financing for Getaverse. It is reported that Getaverse is an innovative and scalable DID credit protocol, where users' DID identity information, credit scores, interaction behaviors, and other data are closely linked to the protocol, truly achieving multi-chain sharing of users' DID identities from a technical perspective. At the same time, Web3.0 projects can access services through Getaverse's open API interface, including but not limited to DEX, NFT, DeFi, Gamefi, Socialfi, and other ecological applications.AC Capital's investment will help Getaverse further expand its market share and promote innovation and development in the field of decentralized identity management. In addition, the Getaverse DID platform has been launched, and users can participate in the Getaverse Iliad event to obtain GETA SBT. (Source link)

ChainCatcher news, March 1, the Web3 identity and credit protocol Masa announced that it has been deployed to Celo and will generate "Prosperity Passports" for over 10 million independent wallet addresses on Celo next week, along with support for claiming a .celo domain name. The Prosperity Passport, developed by the Celo Foundation's Strategy and Innovation team, will become a Web3 identity solution powered by soulbound tokens, enabling users to unlock task-driven tools on the Celo ecosystem as well as real-world applications. (Source link)