ChainCatcher news, according to The Block, the Ethereum Layer2 network Corn has raised $8.3 million in a round of community financing. This round of financing was raised through a compliant token sale platform called Legion, involving 675 investors and venture capital firms such as Polychain, Amber, GSR, Presto, and Laser Digital. Corn noted that the participation conditions for venture capital firms and community investors are the same.Although it is not yet fully operational, Corn aims to deepen the integration of Bitcoin with the DeFi ecosystem by using Bitcoin as a Gas token through a new hybrid tokenized version called BTCN. BTCN will be Corn's tokenized Bitcoin, backed 1:1 by native Bitcoin, and will not be limited by a single custodian or bridging solution. Corn will launch its own native token CORN to incentivize users and developers.

ChainCatcher news, according to official sources, the blockchain-based anime platform Oshi has announced the completion of a $12.5 million financing round, led by Polychain Capital and Superscrypt, with participation from Folius Ventures, Sfermion, The Spartan Group, Nomad Capital, CMT Digital, and others.According to the introduction, Oshi is an open-source anime platform based on blockchain technology. Through Oshi, fans can directly support the anime projects they love and receive exclusive benefits. The platform's IP licensing infrastructure allows IP owners to maintain control over their works while connecting with specialized global partners.

ChainCatcher news, RootData released the "2024 Web3 Industry Investment Research Report." The report shows that early-stage investments (under $5 million) continue to dominate, with 627 financing events occurring throughout the year, a 20.6% increase from 520 projects in 2023. Mid-stage investments ($5 million to $10 million) showed robust growth, completing 244 projects in 2024, up 24.5% from 196 projects in 2023. Late-stage and large-scale investments (over $10 million) completed 188 projects, a slight increase from 175 projects in 2023.From the leaderboard of leading investors, Polychain ranks first with 30 lead investments, clearly focusing on the infrastructure and DeFi sectors. The second place, Hack VC, made 24 lead investments, 17 of which were directed towards the infrastructure field. Among Animoca Brands' 17 lead investments, 8 were directed towards gaming projects, demonstrating its professional layout in the gaming sector. Overall, sectors like NFT and DAO showed a lukewarm performance in terms of lead investments, with most institutions having zero lead investments in these areas.In the TOP 10 active investment institutions of 2024, OKX Ventures ranks first with 72 investments, primarily focusing on infrastructure and DeFi sectors. Notably, OKX Ventures was active in the gaming sector, making 34 investments. Following closely are MH Ventures and Cogitent Ventures, both making 56 investments.

ChainCatcher message, according to on-chain data, Polychain founder olaf transferred 1 ETH to an address 5 hours ago, and subsequently, that address issued the token AZLT through Virtual Protocol, currently valued at 4.36 million dollars.

ChainCatcher news, the decentralized AI project Allora Network, backed by Polychain, Framework Ventures, CoinFund, etc., announced the establishment of the Allora Foundation and the launch of its official Twitter account.The foundation will focus on advancing the self-improvement layer of decentralized AI and providing strategic guidance and resource support for the Allora Network ecosystem, as well as promoting research and innovation in various fields within the Allora community.

ChainCatcher news, according to statistics from the Web3 asset data platform RootData, the total financing amount in the cryptocurrency market reached $10.112 billion in 2024, an increase of 8.3% compared to $9.337 billion in 2023. A total of 1,548 financing events occurred throughout the year, with 102 merger and acquisition events, a 34.2% increase from 76 in 2023, setting a historical high. The average financing amount was $9.1352 million, with a median financing amount of $4.1 million. In terms of financing scale, the most projects were in the $1-3 million range, totaling 408, followed by 244 in the $5-10 million range and 219 in the $3-5 million range; in terms of financing rounds, seed rounds dominated with 426 occurrences.From the perspective of sector distribution, the infrastructure sector was the most favored by capital, with a total financing amount of $3.995 billion in 2024, an 18.2% increase from $3.379 billion in 2023; the DeFi sector ranked second with $1.493 billion, nearly doubling from $759 million in 2023; the gaming sector's financing amount increased from $669 million in 2023 to $813 million. Notably, the CeFi sector's financing amount decreased from $990 million in 2023 to $679 million in 2024. The largest financing event of the year was Stripe's acquisition of the stablecoin platform Bridge for $1.1 billion, followed by Bitcoin mining company Iris Energy's $413 million financing, and Avalanche's $250 million OTC financing.In terms of the activity of investment institutions, Animoca Brands topped the list with 95 investments, followed by OKX Ventures with 72 and MH Ventures with 56. In terms of leading investments, Polychain was the most active, completing 30 lead investments throughout the year, with Hack VC in second place with 24, and both Lemniscap and Animoca Brands completing 17 lead investments, ranking third.

ChainCatcher news, Web3 AI cloud startup Hyperbolic announced the completion of a $12 million Series A funding round, led by Variant and Polychain Capital, with participation from Chapter One, Lightspeed Faction, Bankless Ventures, GSR, IOSG, Vertex, Blockchain Builders Fund, Wintermute, Alumni Ventures, 10K Ventures, Ambush Capital, and several angel investors. With this investment, Hyperbolic has raised a total of $20 million.The new funds will be used to expand the engineering and strategic teams and enter the market. Hyperbolic plans to launch its own blockchain next year. According to reports, Hyperbolic aims to provide verifiable, secure, and reliable AI services to the market by integrating global GPU computing resources and incorporating blockchain technology, effectively alleviating the industry's pain points of high computing resource costs and uneven distribution. At the same time, the company has also launched a decentralized orchestration layer, Hyper-dOS (Hyperbolic Distributed Operating System), to provide solid technical support for the entire GPU market.

ChainCatcher news, the AI blockchain platform Talus Network has completed a $6 million financing round, with a valuation of $150 million. Polychain Capital led the round, with participation from Foresight Ventures, Animoca, Geek Cartel, Echo, and angel investors including Polygon co-founder Sandeep Nailwal, Sentient core contributor and Symbolic Capital co-founder Kenzi Wang, 0G Labs CEO Michael Heinrich, Allora Labs CEO Nick Emmons, and Nuffle Labs co-founder Atlan Tutar. This brings Talus's total funding to $9 million.The funds will help further develop the Talus ecosystem, including Protochain, the Nexus framework, and the "AI Dating Experience" application.According to RootData, Talus Network is a blockchain platform focused on decentralized artificial intelligence. The network leverages the powerful capabilities of Move, emphasizing security, speed, and an enhanced developer experience. Talus Network creates a future that empowers users in a fair and accessible way by cultivating a diverse ecosystem of intelligent agents for decentralized applications.

ChainCatcher news, according to Cointelegraph, the Bitcoin L2 solution Bitfinity Network has announced the completion of a $12 million funding round, which includes $7 million invested by institutions such as Polychain Beacon Fund, ParaFi, Draft Ventures, and Warburg Serres, as well as $5 million raised through a community over-the-counter (OTC) token sale.The project will utilize the Chain Fusion technology of the Internet Computer Protocol (ICP) to enable the operation of Bitcoin native assets within the Ethereum-compatible ecosystem. The ecosystem plans to host decentralized applications including Sonic, Chapswap, Lendfinity, and Omnity Bridge. Notably, the founder of the lending protocol Liquity, which has a TVL of one billion dollars, is also involved in supporting this project.According to RootData, Bitfinity (formerly known as InfinitySwap) is the next-generation EVM that acts as a second layer for Bitcoin and other assets, utilizing threshold signature schemes and built on IC.

ChainCatcher news, ZK full-chain data proof platform Brevis Network announced the completion of a $7.5 million seed round financing, led by Polychain Capital and Binance Labs, with participation from IOSG Ventures, Nomad Capital, Bankless Ventures, HashKey Capital, and others.According to reports, Brevis is a ZK co-processor or computing network designed to enhance blockchain scalability through ZK proofs. By performing complex tasks such as data processing off-chain and only sending verified proofs back to the blockchain, Brevis aims to alleviate the workload of the blockchain, increase speed, and reduce costs.

ChainCatcher news, according to Bitcoin.com, the full-chain liquidity asset protocol StakeStone announced the completion of a $22 million financing round led by Polychain Capital. This financing also includes strategic investments from Binance Labs and OKX Ventures, with the seed round led by SevenX and participation from Nomad Capital, HashKey Capital, HashKey Cloud, Amber Group, Coinsummer, Bankless Ventures, DAO5, Symbolic Capital, Arcane Group, Quantstamp, and others. This financing will drive StakeStone to achieve accelerated growth while expanding its product services and strengthening its influence in key markets.StakeStone is committed to building the first liquidity ETH/BTC asset standard based on a highly scalable staking network, which supports a risk-free consensus layer for various native assets. With the support of this financing round, StakeStone has also launched its liquidity BTC products, including liquidity index BTC ------ SBTC and interest-bearing liquidity BTC ------ STONEBTC, to enhance the application of native BTC in the EVM ecosystem and other blockchain networks. StakeStone aims to drive real applications by providing high-utilization liquidity, empowering ecosystem partners and DeFi protocols such as Berachain, Movement Labs, Monad, Plume Network, Corn, Pendle, and AAVE DAO.StakeStone will also launch payment products, providing flexible savings account features based on its interest-bearing liquidity ETH asset STONE, while offering a "buy now, pay later" (BNPL) option to bring greater transaction flexibility to users. Leveraging the real-time processing capabilities of MegaETH, this product aims to establish a sustainable model that drives real-world applications and supports large-scale adoption."We are very happy to collaborate with the world's leading crypto funds to build a new generation of full-chain liquidity infrastructure," said Charles K, co-founder of StakeStone. "Their expertise and support are crucial for our ongoing innovation and the global adoption of our products. At the same time, through this financing, we are committed to bringing decentralized finance into the real world. Together with the next generation of high-performance blockchain networks, we aim to increase the number of users served from hundreds of thousands to tens of millions or even hundreds of millions through RWAFi and PayFi, pushing the crypto industry into the era of super applications."

ChainCatcher news, the social gaming metaverse Ultiverse has partnered with the oracle protocol ORA to launch the AI x Gaming hackathon event "O.A.G", supported by Polychain Capital, DAO5, and Animoca Brands. The first round of applications will start tomorrow and end on December 12. Participants in the O.A.G incubator will ultimately be able to present their projects to investors.It is reported that the purpose of this initiative is to strengthen AI-driven Web3 gaming and application projects. Selected projects can receive funding of up to $2 million, as well as marketing and strategic support. The program focuses on product-market fit, fundraising, market strategy, and sustainable growth.

ChainCatcher news, according to Grow the Pie data, the current daily active users on the Manta Pacific chain are 102,000, ranking third among L2s, only behind Base and Arbitrum. Additionally, the current Manta Gas is only 21.07 Gwei, the lowest among all L2s. In comparison, Base is at 652.38 Gwei, and Arbitrum is at 1950 Gwei.Manta Pacific is the first and largest modular L2, supported by institutions such as Binance Labs and Polychain. The current on-chain gas profit sharing program, Gas Gain, is underway.

ChainCatcher news, according to The Block, Bitcoin ecosystem stablecoin developer Yala has completed an $8 million seed round financing, led by Polychain Capital and Ethereal Ventures, with participation from Galaxy, Anagram, ABCDE, Amber Group, HashKey Capital, Satoshi Lab, and UTXO Management.The funds from this financing will primarily be used for team expansion, product development, and security enhancements, as well as preparations for the mainnet launch. Additionally, investors have committed to collateralizing over 2,000 bitcoins to Yala.It is reported that Yala's mission is to connect Bitcoin with major ecosystems through stablecoins as a medium, enhancing Bitcoin's liquidity. Its modular architecture allows Yala to deploy across EVM-compatible platforms (such as Ethereum) and non-EVM systems (such as Solana), thereby enhancing Bitcoin's composability and promoting the development of an open Bitcoin DeFi ecosystem. According to official sources, Yala's testnet will be launched next week.

ChainCatcher news, Bitcoin Layer2 project Bitlayer has completed a $9 million A+ round financing with a valuation of $300 million. This round was led by Polychain Capital, with Franklin Templeton co-leading, and participation from SCB Limited, Selini Capital, G-20 Group, and other investors.Bitlayer co-founder Charlie Hu revealed that this round of financing started in early August and concluded last week. Just three months ago, the company had completed a $11 million Series A financing.Like the previous Series A financing, Bitlayer's A+ financing uses a Simple Agreement for Future Equity (SAFE) structure, accompanied by token warrants, with a valuation of $300 million, which includes both equity valuation and fully diluted token valuation. The latest round of financing brings Bitlayer's total funding to $25 million.

ChainCatcher news, Oak Grove Ventures announced an investment in the Bitcoin ecosystem oracle service provider APRO Oracle. Participants in this round of financing for APRO Oracle also include Polychain, ABCDE, Franklin Templeton, CMS Holdings, Comma3 Ventures, UTXO Ventures, Presto Labs, and others.APRO Oracle provides high security and fast response services covering over 15 public chains and more than 140 types of assets. Its Oracle 3.0 platform combines Bitcoin-level security with cutting-edge technology, serving multiple ecosystems such as TON Blockchain, Scroll ZKP, BNB Chain, and Mantle, while maintaining a leading position in the field of Bitcoin-native services.Oak Grove Ventures is a Singapore-based fund focused on early investments in the cryptocurrency and Web3 space, having successfully supported over 50 projects and 12 funds. This investment demonstrates confidence in APRO Oracle's potential to drive Bitcoin liquidity and decentralized applications, and is expected to accelerate the adoption of secure and efficient oracle services in the multi-chain ecosystem.

ChainCatcher news, Bitcoin ecosystem oracle APRO Oracle has completed a $3 million seed round financing, led by Polychain, ABCDE, and Franklin Templeton, with participation from CMS Holdings, Comma3 Ventures, UTXO Ventures, Oak Grove Ventures, Presto Labs, and others.It is reported that APRO Oracle aims to bring liquidity to the Bitcoin ecosystem.