ChainCatcher news, Farcaster co-founder Dan Romero stated, "The team currently consists of 14 members and will be divided into 3 groups: responsible for protocol, cryptocurrency, and social respectively. In terms of protocol, we will build and migrate to Snapchain to expand the protocol and provide a new FIP for FC Connect. In the cryptocurrency area, as part of Frames v2, we are working to improve the transaction user experience. In the social aspect, we will continue to improve application performance, channel iteration, and user experience."

ChainCatcher news, according to CoinDesk, informed sources revealed that DeFi giant Lido co-founders Konstantin Lomashuk and Vasiliy Shapovalov are preparing a blockchain authentication platform codenamed Y, directly competing with Sam Altman's World Network. Unlike World Network, which uses iris scanning for authentication, the Y project will verify user identities based on social media and blockchain activity data, combined with the Ethereum Attestation Service. This solution aims to address the risks of biometric data leakage and minimize the potential for fraud.

ChainCatcher news, cryptocurrency exchange Gemini co-founder Tyler Winklevoss posted on the X platform that as long as Harvard University continues to have ties with U.S. Democratic Senator Elizabeth Warren, the U.S. federal government should terminate tax exemptions and funding for Harvard University.She is a law professor, yet she has launched an illegal war against the cryptocurrency industry; American taxpayers' money should not flow to institutions that harbor these villains.

ChainCatcher news, according to CoinDesk, the Bitcoin rollup project Citrea has announced the completion of a $14 million Series A funding round, led by Peter Thiel's Founders Fund, with participation from angel investors such as Erik Voorhees and Balaji Srinivasan. Citrea aims to leverage zero-knowledge (ZK) technology to transform Bitcoin into a programmable asset, introducing Ethereum-like smart contract functionality.Citrea adopts the BitVM computing model, making it compatible with the Ethereum Virtual Machine, allowing applications on Ethereum to be deployed on Citrea without modification.According to RootData, Citrea is a ZK rollup for Bitcoin and also serves as an execution layer based on Bitcoin. Every transaction that occurs on Citrea is fully protected by zero-knowledge proofs and verified through BitVM.

ChainCatcher news, Tangent co-founder and former Spartan partner Jason Choi stated on X that dogmatism is a fatal weakness of many originally excellent founders in the crypto space."The developer should want this" or "the user should need this" are dangerous thoughts. Just think about how many public chains have founders who emphatically emphasize their unique trade-offs, only to find that no one is interested. And look at those DeFi products, which, although targeting a large scale of traditional financial services, have no appeal in the crypto world.The line between being a pioneer and being out of touch with reality is often blurred. To avoid this, there are no shortcuts; one must engage deeply with frontline users.

ChainCatcher news, according to The Block, Peter Thiel's Founders Fund has invested in DeFi platform Infinex's new "sponsorship" fundraising model, which sells Patron NFTs to venture capitalists, angel investors, and the community.Infinex stated that this fundraising model has raised a total of $67.7 million by selling Patron NFTs to venture capitalists, angel investors, and the community. Other venture capital firms participating in this sale include Wintermute Ventures, Framework Ventures, and Solana Ventures, as well as angel investors such as Ethereum co-founder Vitalik, Solana co-founder Anatoly Yakovenko, and Aave founder Stani Kulechov.

ChainCatcher news, Bitcoin L2 protocol GOAT Network announced the launch of its testnet and the introduction of the Founders Club program on the X platform.According to the team: "The Founders Club program provides innovators with a pathway to shape the future of the GOAT ecosystem. Members can choose between three different plans tailored to various stages of project development (from conception to adoption). Founders can apply as individuals or teams, participate in project building challenges, or collaborate on existing projects."GOAT Network stated that Founders will interact with the GOAT developer team during weekly project office hours to receive support for improving and executing projects, ensuring that participants maximize their contributions.

ChainCatcher news, the opening ceremony of the ABGA Founders Club was successfully held in Singapore. The establishment of the ABGA Founders Club marks a new phase in the investment incubation business layout of ABGA and ICC in early projects. During the event, the accelerator focusing on innovation in the Web3 application field, Imagine Creation Combinator (ICC), announced the successful establishment of its first ecological game fund------the ICC Gaming Eco Fund.This fund will focus on the Web3 gaming ecosystem, including but not limited to investments and incubation of projects in Web3 games, gaming infrastructure, (Ton) Telegram, and Kaia (Line) Mini Game ecosystems. This round of financing has received strong support from several well-known investment institutions, including Kaia Foundation, NEO Foundation, Waterdrop Capital, DepinX, and support from individual angel investors, as well as strategic support from ABGA (Asia Blockchain Gaming Alliance).In the future, ICC will continue to focus on, support, and accelerate early-stage quality projects in the Web3 innovation application track, including AI, Social, DePin, RWA, and other directions, establish dedicated track funds, and select quality projects for incubation and support from the market through collaboration with mainstream public chains, conducting customized acceleration camps, and hosting hackathons. The establishment of the ICC Eco Fund is an important milestone for ICC in promoting innovation and development in the Web3 application ecosystem, and also marks a further deepening of its influence in the global Web3 industry.

ChainCatcher news, Scroll core developer Sandy Peng responded on the X platform regarding concerns about points distribution and team wallets. He stated: When users bridge assets or interact with qualified protocols, points will automatically accumulate, and this process applies to everyone, including project and team wallets.Scroll can clarify the purposes of some of these wallets. The team and treasury wallets hold points, which are sometimes used to support the ongoing development and operation within the ecosystem. These wallets play a key role in running bridge contracts, ensuring fund security, and managing liquidity to ensure a healthy ecosystem experience.To prevent conflicts of interest, all co-founders and team members involved in the development of Scroll or the airdrop will not claim the airdrop, and there is no information advantage. The community is the sole beneficiary of the upcoming airdrop.

ChainCatcher news, DWF Labs co-founder Andrei Grachev posted on X that they are hiring 16 people for 12 positions, recruiting globally, from technology to sales, and the team is rapidly expanding.

ChainCatcher news, according to the latest filings submitted to the Federal Election Commission, venture capitalists Marc Andreessen and Ben Horowitz each donated $2.5 million to a super PAC supporting Trump.The two founders of the venture capital firm Andreessen Horowitz (a16z) announced their support for Trump in July. It was previously unknown which Trump-aligned organization they supported. Andreessen also donated an additional $846,000 to Trump's campaign and the Republican Party, which is the federal government's limit.In October this year, Horowitz stated that although he does not know or support Vice President Harris's policies, he will also make a "substantial" donation to her campaign. No record of this donation has yet appeared in federal filings.

ChainCatcher message, Ethereum founder Vitalik commented on a meme about the visions of L1 founders and VCs. He stated that if an L1 public chain founder casually mentions "ultimate goals" (northstar) that include phrases like "the chain should be fast (chaingofast)" but does not mention words like "robust," "anti-censorship," or "decentralization," then they undoubtedly reveal their true priorities.

According to ChainCatcher news, on-chain analyst Yu Jin monitored that the 25 million LDO from Rune, co-founder of Sky Ecosystem (formerly MakerDAO), has finally been sold out today. The selling period for these LDOs lasted nearly 3 years, and most of the funds raised were used to purchase MKR.The 25 million LDO was sold at an average price of $1.87, with a total revenue of $46.73 million (221 times);Among them, the funds from the sale of 30.02 million LDO were used to repurchase 36,000 MKR, with an average purchase price of $833.

ChainCatcher news, the Chief Legal Officer of Variant Fund posted on X yesterday, stating that as U.S. regulators continue to crack down on the cryptocurrency space, many cryptocurrency founders are considering geofencing as a compliance strategy.In short, geofencing means blocking access to a product for people in specific "geographical locations" by creating a virtual "fence" around the product. If a company cannot comply with regulations, such as providing disclosures and KYC, it can serve as a backup compliance strategy.However, Chervinsky added, "Regarding the issue of regulatory uncertainty, this is a rather extreme solution—completely abandoning the U.S. market—but sometimes there is no choice." He noted that geofencing "is an extreme and costly measure to ensure compliance with U.S. laws."

ChainCatcher news, Web3 security and transparency platform g8keep and Gaslite co-founder Pop Punk announced on X the official closure of Gaslite, stating "this is the best choice at the moment."He explained: "g8keep has consumed all my energy since its launch a few months ago. If I can't fully commit to Gaslite, I feel it's not right to continue operating Gaslite. Looking ahead, my sole focus will be on g8keep. I believe what we are doing at g8keep has the potential to make a greater impact on the ecosystem than Gaslite.The past few months have been crazy. Even though gas fees have been at historic lows, Gaslite's business has never really slowed down. I am very grateful for the trust people have placed in my brand and their willingness to collaborate with Gaslite, even if it's just to save a small amount of money for their users."

ChainCatcher news, HackQuest will collaborate with Solar and the Solana Foundation to jointly launch the Solana Founders Fellowship, which will take place during the Solana Radar Hackathon. The Fellowship will start on September 20 and end on October 12, with rolling applications accepted during this period. The entire program will provide in-depth guidance to participants in areas such as technology, financing, and ecosystem support through multiple closed-door Office Hours and Workshops. The mentor team consists of members from the Solana Foundation and top project founders within the ecosystem, including Backpack co-founder Can Sun, Jupiter co-founder Siong, Drift co-founder Cindy, STEPN CRO Mable, Sonic co-founder Chris, Jambo co-founder James, Solayer core contributor Jason, Colosseum APAC head Cris, and SOON co-founder Joanna, among others. This session of the Fellowship Program will select 20 teams from the Chinese-speaking region. It is reported that this is the second Founders Fellowship Program organized by HackQuest in collaboration with Solana. In the first Fellowship, five teams won the Solana Global Hackathon Grand Prize, and several teams successfully secured follow-up funding.In addition, well-known investment institutions such as Coinfund, OKX Ventures, IOSG Ventures, Animoca Brands, SevenX Ventures, HashKey Capital, Find Satoshi Lab, Hash Global, and Gate Ventures will participate in Demo Day, providing project support and feedback. Teams selected for the Fellowship will also have the opportunity to receive a Travel Grant and be prioritized for selection in the Solana Hong Kong Founders House and to participate in the subsequent Solana X HackQuest Founders Bootcamp.Registration link: https://xsxo494365r.typeform.com/to/YB6H88tp

ChainCatcher news, according to Coindesk, Howard Winklevoss, the father of Gemini's founders, announced a donation of $4 million worth of BTC to his alma mater, Grove City College. This donation is the first Bitcoin donation received by the college and will be used to fund new business projects.