eureka

Ethereum block builder Eureka Labs announced the completion of a $6.7 million seed round financing, led by Spark Capital and Collider Ventures.It is reported that the company has introduced the concept of "programmable blocks," which incorporates executable logic during the block building phase, allowing blocks to not only package transactions but also achieve more complex functions, such as temporary fund calls, advanced computations, and more refined transaction sorting. Eureka Labs was founded in December 2024 and has now become the fourth largest block builder on Ethereum, but its market share is about 1.5%, showing a significant gap compared to leading builders.This round of financing was completed in two phases, raising $4.7 million in April 2025 and an additional $2 million in June. The company stated that this financing will be used to expand its block building technological capabilities and promote the application of "programmable blocks" within the Ethereum ecosystem.

ChainCatcher news, according to The Block, Interchain Labs has launched a new bridging product called IBC Eureka, designed to connect Ethereum and Cosmos blockchain systems.IBC Eureka is built on the second version of the Inter-Blockchain Communication (IBC) protocol, leveraging Cosmos Hub's ATOM to support IBC routing, thereby enabling fast and low-cost connections between Ethereum and Cosmos. Ethereum is now the first non-Cosmos network to join the IBC ecosystem. Eureka developers plan to add networks such as Solana, Base, and Arbitrum in the future.The system aims to reduce the transfer costs from Ethereum to Cosmos (including GAS fees and relay fees) to less than $1. The first projects to access IBC Eureka include the decentralized exchange dYdX, the Layer 1 blockchain MANTRA focused on real-world assets, the Bitcoin liquid staking protocol Lombard, and the Bitcoin staking protocol Babylon.

ChainCatcher news, the multi-chain one-click interactive SocialFi project Young Protocol announced on April 1st that it has completed a Pre-Seed round of financing with a valuation of $8 million, although the specific amount raised has not been disclosed. Eureka Meta Capital led the investment, and Young Protocol stated that its community will launch within April.According to the RootData page, Young Protocol is a multi-chain SocialFi protocol dedicated to reducing interaction costs and enhancing social experiences. It aims to enable users to interact with projects on different public chains with one click through its technology in the Multichain and Bridge fields.

ChainCatcher news, European crypto fund Eureka Partners has completed a $40 million financing round invested by Nordic family office Nordic Venture Innovations AB, which will accelerate its development in the blockchain and cryptocurrency sectors.

ChainCatcher news, according to monitoring by 0xScope, the $15 million in assets hacked from Eureka Trading founder Kuan Sun in June 2022 were exchanged for 1,935 ETH, 120 WBTC, and 6.3 million DAI through Uniswap, Curve, and SushiSwap, and transferred via Tornado Cash.Previously reported, Kuan Sun tweeted that he was hacked for $15 million in June 2022 due to a private key leak. So far, he has gathered some IPs and other information about the hacker, but he encourages all crypto members and security experts to participate in this case and is very willing to offer a bounty for valuable assistance. The hacker's address is: 0xA1ac23bE458E14AC0A0003DC1343D2AC575EA3b6. (Source link)

ChainCatcher news, Kuan Sun, the founder of the encrypted derivatives trading company Eureka Trading, stated: "Last June, I lost 15 million USD due to a private key leak and was hacked. Currently, I have some preliminary IP and other information, but I have not yet been able to identify the hacker. I hope that individuals or organizations capable of providing valuable clues can assist in recovering the funds, and I can offer a reward."He added, "Hacker address: 0xa1ac23be458e14ac0a0003dc1343d2ac575ea3b6. At least 20% of the funds will be used as a reward, with the specific proportion depending on the level of contribution. So at least 3 million USD in rewards is available for those who are capable." (source link)