ChainCatcher news, the re-staking infrastructure Kernel in the BNB Chain ecosystem has announced that it has raised a total of $10 million in multiple rounds of financing, with investors including Binance Labs, SCB Limited, Laser Digital, Bankless Ventures, Hypersphere, Draper Dragon, DACM, CYPHER, ArkStream Capital, HTX Ventures, Avid VC, GSR, Cluster Capital, Longhash Ventures, Via BTC, Side Door Ventures, NOIA, and DWF Labs.Kernel includes three DeFi products: the cross-chain re-staking infrastructure Kernel on BNB Chain (mainnet launching soon), the liquidity re-staking protocol Kelp on Ethereum, and the RWA tokenized yield protocol Gain. Kernel stated that the KERNEL token will unify the governance and incentive mechanisms of Kelp, Kernel, and Gain, rewarding early supporters and promoting the development of the ecosystem.

ChainCatcher message, based on the data from the Web3 asset data platform RootData's Q3 2024 Web3 industry investment research report, the key points are as follows:In Q3 2024, the total number of financing events reached 321, a decrease of 25.69% compared to the previous quarter, with a total financing amount of $2.406 billion, down 15.04% quarter-on-quarter;The top three sectors by financing amount in Q3 are infrastructure, others, and DeFi. The infrastructure sector had a total financing amount of $745 million, accounting for 30.9% of the total financing;The project with the highest financing amount in Q3 2024 is the Bitcoin mining company Iris Energy, which raised $413 million. It is followed by the Bitcoin mining company Stronghold, which secured $175 million through acquisitions. The third is the modular blockchain network Celestia, which completed $100 million in OTC financing at a valuation of $3.5 billion;In terms of financing amount ranges, there were 137 early-stage investment projects (under $5M) in Q3, a decrease of 14.4%; 55 mid-stage investment projects ($5M-$10M), down 30.4%. There were 43 large-scale investment projects (over $10M), a decrease of 35.8%;In Q3 2024, 12 investment institutions that made more than 10 investments participated in a total of 160 investments. Robot Ventures topped the list with 22 investments, with its investment projects tagged as infrastructure and DeFi. Following closely are Binance Labs and OKX Ventures, each participating in 16 investments. These two leading exchanges were relatively active in GamFi-related projects, participating 5 and 6 times, respectively;Unlike market skepticism towards the Ethereum ecosystem, it remains the most recognized infra by investors and developers, with a total of 67 financing events in Q3, amounting to $481 million. With the onset of the interest rate cut cycle, lower capital usage costs may drive on-chain prosperity, aiding the recovery and innovation of the DeFi sector, while Ethereum's leadership position in this sector will continue to benefit it.

ChainCatcher news, Galaxy releases the 2024 mid-year report on Bitcoin mining.Key points are as follows:With hash prices hitting an all-time low, mining difficulty has decreased by 10% from the peak of 88.1 T (630 EH/s), dropping to a post-hash low of 79.5 T (569 EH/s) in early July. As of the time of writing, the difficulty is at 82.0 T (587 EH/s);Publicly listed mining companies raised a total of $1.8 billion in Q1 2024, the highest quarterly financing amount in the past three years;As the value of available power capacity skyrockets, the debt capital markets are expected to re-emerge in the second half of 2024 and into 2025;Miners with approved large-scale power capacity, long-cycle infrastructure procurement, and access to water and fiber optics are in the best position to leverage artificial intelligence;In the annual report, we project a hash rate target range of 675 EH to 725 EH by the end of 2024, and based on publicly available miner information, seasonal trends, and profitability analysis, we have raised the growth rate to between 725 EH and 775 EH.From January 1 to July 23, Bitcoin miners generated 12,970 BTC (approximately $863 million as of July 23) in transaction fees. The fees earned by miners account for about 55% of the total cumulative fees in 2023 (23,400 BTC).To date, the total transaction volume exceeds $460 million, primarily divided into venue sales, reverse mergers, and company acquisitions. Industry M&A activity is expected to continue.

ChainCatcher news, the Web3 asset data platform RootData released the “2024 Q2 Web3 Industry Investment Research Report”, which shows that in Q2 2024, there were a total of 418 financing events in the Web3 primary market, with a total financing amount of 2.75 billion USD, a year-on-year increase of 38.9%.The top three sectors in terms of financing amount in Q2 are infrastructure, DeFi, and social; the infrastructure sector raised a total of 1.016 billion USD, a quarter-on-quarter increase of 145%; at the same time, the social sector surged, with a total financing amount of 227 million USD, a quarter-on-quarter increase of 650% and a year-on-year increase of 261%.

ChainCatcher news, according to Cointelegraph, crypto startups have raised over $100 billion in funding since the end of May 2014. According to DefiLlama data, as of June 16, 2024, the total funding in the cryptocurrency industry reached $101.35 billion. Looking back to May 2014, the funding for industry startups in the first month was only $17.14 million. A decade later, in May 2024, the monthly funding amount increased to $280.25 million.In October 2021, funding for cryptocurrency startups reached a historical peak of over $7 billion, with the second peak being $3.67 billion in February 2022. Research shows that nearly half of the cryptocurrency funding comes from U.S. investors, with the UK and Singapore ranking second and third, respectively.

ChainCatcher news, according to data from RootData, the total financing amount in the cryptocurrency market in May 2024 was $1.019 billion, an increase of 30% compared to $783 million in May 2023.In addition, the number of financings in May 2024 was 155, a month-on-month decrease of 8.28%.

ChainCatcher news, according to Chainwire, the Web3 gaming platform TRALA has raised a total of $5 million through multiple rounds of financing, with investors including Matter Labs, Animoca Brands, Gate Labs, and 14 other global investment institutions.

ChainCatcher news, the Financial Secretary of the Hong Kong Special Administrative Region, Paul Chan, published a blog post today titled "Strengthening Foundations and Enhancing Quality Development." The disclosed information shows that over 400 companies have settled in Cyberport in the past year, bringing the total number of companies in the community to over 2,000, among which 8 are unicorns; startups have raised a total of over 40.6 billion HKD, with a clear advantage in the fintech and third-generation internet sectors. The development of artificial intelligence is accelerating and technically supporting the digital transformation of Hong Kong enterprises.

ChainCatcher news, Galaxy Research data shows that after experiencing three consecutive quarters of decline, venture capital investment in cryptocurrency and blockchain startups has seen a significant increase. In the first quarter of 2024, venture capital firms injected $2.49 billion into 603 deals with crypto startups, a 29% increase in funding compared to the previous quarter, and a 68% increase in the number of deals compared to the previous quarter.Several factors influenced the investment dynamics this quarter, including the launch of Bitcoin spot ETFs, innovations in areas such as re-staking, modularity, and Bitcoin Layer 2 solutions, as well as macroeconomic factors like interest rates.

ChainCatcher news, the encrypted asset data platform RootData has released the “2024 Q1 Web3 Industry Investment Report”, with the following key points:The total financing amount in the Web3 industry reached $2.545 billion in Q1 2024, a year-on-year increase of 4.7%. The DeFi sector was driven by popular segments such as RWA and LSD, with both year-on-year and quarter-on-quarter financing amounts exceeding 100% growth.The number of projects receiving investment in Q1 2024 increased by 10.5% year-on-year, with infrastructure, DeFi, and GameFi sectors attracting capital market attention. The total investment from the top ten institutions by number of deals increased by 120% quarter-on-quarter, with OKX Ventures being the most active.AI, RWA, LSD, and DePIN sectors experienced significant rotation, with strong demand from users for finding popular investment targets. A total of 113 projects were selected for the RootData Top 20 project hot search weekly list, among which 12 projects with issued tokens showed a high correlation between their search popularity on RootData and secondary market performance.During Q1, the market saw significant attention on investment targets such as the "Sam Altman concept." Trading clues based on popular figures are being increasingly noticed by more investors. As the Web3 industry matures and attracts more mainstream investors/entrepreneurs, trading opportunities related to figures/events will continue to emerge.

According to ChainCatcher news, as reported by Chainwire, the decentralized perpetual contract platform Aark has announced the completion of its seed round financing, with participation from HashKey Capital, Arrington Capital, Cypher Capital, Morningstar Ventures, IVC, and Metavest.It is reported that Aark will use the new investment to expand its team. Aark is a leverage-focused perpetual contract trading platform that is involved in the liquidity re-staking token (LRT) space. Aark provides Delta-neutral yields for LRT, thereby offering liquidity to traders.According to the crypto data platform RootData, Aark completed its Pre-Seed round financing in the second quarter of 2023, led by Delphi Digital, with participation from OKX Ventures and Big Brain Holdings, bringing its total financing amount to 6 million USD.

ChainCatcher news, according to the "2023 Web3 Industry Development Research Report and Annual List" published by RootData, the total financing amount in the Web3 industry in 2023 was $9.13 billion, a decrease of 68.8% compared to 2022, with a total of 1,174 financing rounds, down 35.9% from 2022.Among them, the ten projects with the highest financing amounts are Phoenix Group, Ramp, Wormhole, Swan, LINE NEXT, Blockstream, LayerZero, Worldcoin, Arkon Energy, and Blockchain.com, all exceeding $100 million.The ten venture capital firms with the most investments are HashKey Capital, DWF Labs, Big Brain Holdings, Coinbase Ventures, Polygon Ventures, a16z Crypto, Animoca Brands, Binance Labs, Shima Capital, and NGC Ventures, each participating 29 times or more.