ChainCatcher news indicates that according to the Token unlock data, on October 30, the modular blockchain Celestia will unlock over 175 million TIA tokens, accounting for 17.68% of the total TIA supply, valued at approximately 1.08 billion USD.Previous news reported that on September 24, Celestia announced it had secured 100 million USD in financing, which was later revealed to be an over-the-counter (OTC) transaction completed months earlier.

ChainCatcher news, modular blockchain developer Hemi Labs has completed a $15 million financing round, led by Binance Labs, Breyer Capital, and Big Brain Holdings, with participation from Crypto.com, HyperChain Capital, Alchemy, SALT Fund, Kelly Capital, Sunflower Capital, DNA Fund, Web3 Ventures, Quantstamp, TRGC, UTXO, Artichoke Capital, SNZ Holding, Capital6, IBG Capital, Protein Capital, MON Ventures, SV5, Impossible Finance, Wu Jihan (Bitdeer), and George Burke (Portal).Hemi Labs will use the funds to develop and launch the Hemi Network, with the Hemi Network incentive testnet now live, and the company plans to launch the mainnet in the fourth quarter.According to RootData, Hemi Network is a modular Layer 2 network that facilitates Ethereum smart contract functionality secured by the Bitcoin network. The chain introduces the Hemi Virtual Machine (hVM). HVM allows developers to create smart contracts that interact with the Bitcoin state, unlocking Bitcoin-based DeFi applications, including staking, lending markets, and democratized MEV markets.

ChainCatcher news, the all-ecosystem new asset modular blockchain network Nal announced the completion of a $10 million seed round financing, which will be used for infrastructure and product upgrades.Nal is a modular blockchain network designed to create a new ecosystem of Web3 applications that supports seamless transactions of new assets in diverse scenarios.By providing inclusive and secure product-level solutions, Nal can efficiently issue digital/cryptographic assets, facilitate low-cost transactions, and ensure transparent distribution, while delivering products directly to customers' business scenarios and providing peer-to-peer terminal services.

ChainCatcher news, the Roll-up ecosystem 3Base has officially announced the acquisition of the modular blockchain Nautilus Chain. This acquisition enables 3Base to leverage the BASE and Optimistic rollup stack. Zepoch node NFT holders will be upgraded to 3Base contributors, and they will receive rewards when the new tokens are launched.3Base CEO Zuhayr Reaz stated, "By acquiring Nautilus, 3Base inherits powerful technology and welcomes a community of over 3,000 developers and contributors."In addition, the beta version of 3Base will be released in the third quarter of 2024, and the mainnet will be launched in the fourth quarter of 2024.

ChainCatcher news, the Web3 industry research and analysis platform Web3Caff Research recently released an in-depth report on the seven major derivative narratives of modular blockchains. Fang Jun, a partner at Uweb and a special researcher at Web3Caff Research, pointed out in the report that Web3 infrastructure is undergoing comprehensive modularization, a trend commonly referred to as "modular blockchain," which is the fundamental cornerstone for building the future multi-chain world. The best starting point for discussing modularization is Ethereum. Ethereum's scalability is Rollup-centric, characterized by a surge of L2 solutions. Ethereum L2 has created a demand for middleware layers, such as DA, Rollup frameworks, shared sequencers, interoperability, ZK proof services, and more. Previously, discussions on modular blockchains were largely focused on Rollup frameworks or DA layers; therefore, this report attempts to observe from a broader perspective to provide a panoramic view. Starting from Ethereum, the grand narrative of modular blockchains is derived into seven narratives (Ethereum, DA, Rollup, Cosmos, BTC L2, middleware, ZK).The report further points out that observing the modularization of Web3 infrastructure from the center of Ethereum is reasonable. First, the technological infrastructure supporting Web3 applications is almost entirely based on the model first proposed by Ethereum, namely the "smart contract platform." Second, the mainstream trend of modularization is to split Ethereum, which functions as a single blockchain, into numerous modules for innovation and replacement, and then recombine them. Third, important technologies such as VM, DA, account abstraction, Rollup, and ZK are primarily developed within the Ethereum ecosystem. Fourth, the Ethereum and EVM-compatible ecosystem has taken shape and dominates, with most applications choosing to extend from it. This discussion will help us understand the emerging foundational chains (especially various Rollups, BTC L2, etc.), horizontal layers (such as DA layers, staking layers/re-staking layers, ZK proof networks, etc.), and can assist in predicting potential new hotspots.The report also notes that the Ethereum ecosystem, particularly EVM, still holds a dominant position; although numerous L2 chains have emerged, horizontal layers may deserve more attention; the BTC L2 ecosystem will develop rapidly, mainly due to the demand for utilizing BTC as an asset; new technological directions continue to emerge, with ZK being the most noteworthy.

ChainCatcher news, according to RootData data, the Avail token (AVAIL) has increased by 36.44% in the last 24 hours, currently priced at $0.21.Additionally, the Web3 asset data platform RootData shows that Avail is a modular blockchain focused on data availability: it sorts and records blockchain transactions without the need to download the entire block to prove block data availability. This allows it to scale in ways that a monolithic blockchain cannot achieve.

ChainCatcher news, according to The Block, the modular blockchain Particle Network announced the completion of a $15 million Series A funding round, led by Spartan Group and Gumi Cryptos Capital, with participation from SevenX Ventures, Morningstar Ventures, Flow Traders, HashKey Capital, and others. This funding round was completed through a Simple Agreement for Future Tokens.It is reported that Particle's main product is the "Universal Account," which allows users to use funds and trade from different blockchains.

ChainCatcher news, according to official sources, the Bitcoin native DA layer Nubit has announced that the Alpha testnet incentive program is now live. The Alpha testnet program is divided into three phases: community gathering, light node tasks, and testnet adventures. Each phase will have incentive measures.

ChainCatcher news, according to The Block, Peter Thiel's Founders Fund co-led a $43 million Series A funding round for the modular blockchain project Avail, which has spun off from Polygon. Dragonfly and Cyber Fund jointly led this round of financing. Other investors include SevenX Ventures, Figment Capital, Nomad Capital, Chapter One, Foresight Ventures, Mirana Ventures, KR1, Alliance, and Hashkey Capital.Additionally, the Web3 asset data platform RootData shows that Avail is a modular blockchain focused on data availability: it sorts and records blockchain transactions without needing to download the entire block to prove the availability of block data. This allows it to scale in ways that a monolithic blockchain cannot achieve. Off-chain scaling solutions can unleash their full potential by transferring data availability to Avail. Independent chains can enhance the security of validators to ensure data availability by using Avail.

ChainCatcher news, zkSync DeFi head @0xsebastiena announced on social media that he will be leaving at the end of April to focus on the modular blockchain sophon.According to the crypto data platform RootData, sophon completed a $10 million funding round in March this year, with participation from Paper Ventures, Maven 11, The Spartan Group, SevenX Ventures, OKX Ventures, HTX Ventures, and others.

ChainCatcher news, the "Web3 Insight Summit" co-hosted by ChainCatcher, RootData, and Oak Grove Ventures was held today at the Renaissance Harbour View Hotel in Hong Kong. During the conference, Manta Network co-founder Kenny delivered a keynote speech titled "Uncovering the Transformational Potential of Modularity."Kenny shared the development history of modular blockchain and its significant impact on blockchain technology. Kenny mentioned that modular blockchains enable the emergence of specialized technologies and enhance scalability, throughput, and resilience of blockchains. As one of the largest modular blockchains, Manta Network has currently saved users $1.8 million in transaction fees.The "Web3 Insight Summit" is hosted by ChainCatcher, aiming to gather the most thoughtful and innovative senior professionals in Web3 from around the world to provide more constructive insights for the industry, present more industry insights, and help Web3 move towards the mainstream.

ChainCatcher news, according to official sources, the modular blockchain Sophon has completed a $10 million financing round, with participation from Paper Ventures, Maven 11, The Spartan Group, SevenX Ventures, OKX Ventures, HTX Ventures, and others. Currently, there is no further detailed project information.According to the RootData page, Sophon is a modular blockchain.

ChainCatcher news, according to Blockworks, the modular blockchain Eclipse has completed a $50 million Series A funding round, co-led by Placeholder and Hack VC, bringing its total funding to $65 million. Additionally, Polychain Capital, Delphi Digital, Maven 11, DBA, and Fenbushi Capital also participated in this round of financing.Eclipse stated that it will launch its mainnet in the second quarter of 2024, and it has already released the development and testnet versions of its protocol, with several DApps testing its infrastructure. These include the NFT marketplace Rarible, the oracle infrastructure Pyth Network, and the lending protocol Solend. After the mainnet launch, the company announced it will sponsor hackathons, accelerators, and organize community events for its users.