Web3 data and AI company Validation Cloud announced a $10 million financing round from True Global Ventures. The company plans to use the funds to expand its AI products and achieve seamless access to Web3 data.

It is reported that the company's product platform consists of three parts: staking, node API, and data and AI. In terms of staking, Validation Cloud's staking assets have exceeded $1 billion. Some of Validation Cloud's clients include Chainlink, Aptos, Consensys, Stellar, and Hedera.

1. Opti Games completed a $2 million financing round with L1D leading;

2. Chain gaming platform Party Icons completed a $9 million seed round of financing;

3. Blockchain payment company Borderless.xyz completed a $3 million financing round;

4. Defi lending platform Fluid Protocol completed a $3.9 million seed round of financing;

5. Cryptocurrency derivative trading protocol Variational completed a $10.3 million seed round of financing.

Japanese investment advisory company Metaplanet Inc. announced the completion of the 11th stock acquisition right, raising a total of 10 billion yen (approximately 66 million US dollars).

the DeFi platform Azura officially launched on Tuesday after raising $6.9 million in seed funding led by Initialized. Other investors include Volt Capital, Winklevoss Capital, and Raj Gokal, co-founder of Solana. The funds will be used to expand the application, including increasing company salary expenses, improving software, and purchasing better servers.

 the People's Court of Yi'an County, Qiqihar City, Heilongjiang Province, disclosed a case of selling U coins in a grab mode. The suspect, Wang Moumou, sold U coins in a grab mode on the "U Terminal" app, using 11 bank cards of other people to receive the money for buying and selling U coins. Among them, six bank cards received a total of 564,000 yuan of fraudulent funds, and Wang Moumou profited more than 60,000 yuan from it, which was all spent. In this case, the defendant Wang Moumou was convicted of concealing and concealing criminal proceeds, and was sentenced to one year and eight months in prison and a fine of RMB 15,000. The judgment has now taken effect.

Perplexity, an AI search startup, is discussing raising funds at a valuation of $8 billion, according to The Information.

Shen Zhulin, the deputy director of the National Bureau of Statistics, stated at the 2024 Global Data Commerce Conference that based on the current stage of development in the data market, the focus will be on clarifying rules and filling gaps, and establishing a complete and perfect data property rights system as soon as possible. Specific rules will be developed to support data property rights registration, quality management, responsibility definition, and compliance management, to ensure the vigorous development of the national integrated data market.

During the conference, Shen Zhulin mentioned supporting Shanghai and other regions with conditions to carry out experimental explorations of technology routes such as blockchain and data space, reducing the cost of data circulation and transactions, and providing guarantees for the secure, compliant, and orderly circulation and utilization of data.

Hyve, a DA project on the chain, has completed a seed round of financing of $1.85 million, led by Lemniscap with participation from Paper Ventures and Frachtis.

Hermetica, the developer of a stablecoin supported by Bitcoin, has completed a $1.7 million financing round, with UTXO Management leading the investment and CMS Holdings, Ethos Fund, Trust Machines SPV, Newman Capital, Silvermine, and numerous angel investors participating. Hermetica has developed a profitable synthetic USDh and issued it on the Bitcoin network. The company plans to use this funding to support the USDh ecosystem, such as through custody partnerships and enhanced liquidity. Hermetica plans to use this funding to expand to other Bitcoin L2s, such as Arch Network and Bitlayer, in the coming months.

According to official sources, Web3 social Layer2 solution Vue Protocol announced that it has raised $6 million in Pre-Seed and seed rounds, with participation from Eureka Capital, PAKA, Genesis Ventures, and AU21 Capital. Vue Protocol is a decentralized platform that seamlessly maps multi-chain relationships, aimed at connecting Web3 native developers, giving users ownership of their data, and enabling community collaboration.