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Cointime News Wrapup-Afternoon Version: Montenegro to Hold Terra-Luna Fugitive Do Kwon for 30 Days, Says Yonhap News
To smooth and facilitate the reading experience for all users, we hereby compose this wrapup, especially for users who cannot check out what’s going on in a timely manner.
Multi-VM full-chain infrastructure network Mango Network announced the completion of a $13.5 million financing round, with investors including Ainfra Ventures, Kucoin Ventures, Tido Capital, Connectico Capital, Becker Ventures, Tfund, Mobile Capital, CatcherVC, and a Family Office from Hong Kong participating in this round of financing.
On February 14th, according to official information from GamerBoom, the project has completed a new round of financing of $9 million, bringing its total financing amount to $11 million.
decentralized computing power monetization network NodeGo announced the completion of an $8 million financing round, led by Hash Capital. The new funds will be used to build the network, allowing users and businesses to contribute to AI tasks by completing space and other calculations, while also allowing participants to earn rewards.
DeFi investment platform Prodigy.Fi announced the completion of a $5 million seed round of funding, with Quantstamp and Republic leading the investment, and Arbelos Markets, RSK Capital, and Samara Alpha Management participating. The new funds are intended to support the platform's ability to buy or sell packaged cryptocurrencies such as Wrapped Ethereum (WETH) based on Berachain.
Solana's re-staking protocol, Fragmetric, has completed a $7 million seed round of financing. Finality Capital Partners and Hashed jointly led the investment, with Hypersphere, Presto Labs, Bitscale Capital, Halo Capital, and Flowdesk also participating. The new funds aim to enhance the security and economic growth of the Solana ecosystem by establishing a re-staking ecosystem through standardized LRT and community contributions.
blockchain project Lightchain AI has announced the official launch of its testnet and has completed a $15 million financing round. The project's main technological innovations include the Proof of Intelligence (PoI) consensus mechanism and the AI Virtual Machine (AIVM). The PoI consensus mechanism is achieved by rewarding nodes to solve AI computing problems, while the AIVM provides developers with a toolkit to build AI applications on the blockchain. The project is currently in the final round of presale, and the funds raised will be used for technology development, infrastructure expansion, and talent recruitment. Lightchain AI plans to launch its mainnet in 2025 and will focus on developing enterprise-level decentralized AI solutions in the future.
According to data, in the past hour, the total liquidation amount of the entire network reached 64.5404 million US dollars, of which the liquidation amount of long positions was about 63.1007 million US dollars, and the liquidation amount of short positions was about 2.2016 million US dollars.
The State Council Tariff Commission issued a notice: with the approval of the State Council, tariffs will be imposed on some imported goods originating in the United States from February 10, 2025. A 15% tariff will be imposed on coal and liquefied natural gas, and a 10% tariff will be imposed on crude oil, agricultural machinery, large-displacement cars, and pickups. (Jinshi)
There has been growing discussion around the possibility of increasing Ethereum’s gas throughput, either by raising the gas limit or reducing slot time. The key argument in favor of this is that the hardware requirements for running a validator have steadily decreased over the past four years.
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