ChainCatcher news, the latest report released by Tiger Research points out that despite South Korea's leading global position in cryptocurrency trading volume, the development of the country's Web3 industry is hindered by unclear regulations and a lack of specific guidance, resulting in accelerated outflow of capital, talent, and enterprises. The report mentions that in 2024, the transfer of South Korean crypto assets to overseas exchanges and DeFi platforms is expected to increase by 2.3 times year-on-year, primarily influenced by service interruptions at local exchanges and the attraction of external investment opportunities. Additionally, South Korean Web3 companies such as Nexpace, Klaytn, and Wemix have relocated their headquarters to regulatory-friendly countries like the UAE.The report also highlights that the outflow of talent has exacerbated the decline in the technological competitiveness of South Korea's Web3 ecosystem, while countries like the United States and the UAE have attracted high-end technical talent through clear policies. If South Korea wants to maintain its competitiveness in the global Web3 industry transformation by 2025, it urgently needs to promote regulatory reforms, allow corporate accounts to engage in crypto trading, and formulate policies related to stablecoins and DeFi to build a sustainable innovation ecosystem.

ChainCatcher news, according to official sources, the Ethereum Layer 2 network Optimism has released its 2024 review:The Superchain built on the OP Stack has seen significant growth, with nearly 50% of L2 transactions on Ethereum now supported by the Superchain ecosystem;Permissionless fault proofs have been launched, paving the way for the first phase of decentralization for OP Stack Chains;Interoperability has been enhanced;Optimism has strengthened its support for ERC-7683 and developed ERC-7802;The Optimism Collective continues to innovate in the direction of scalable Ethereum;Through two airdrops, over 20 million OP have been distributed to users making meaningful impacts;Four major initiatives have driven user engagement, with over 3.3 million OP distributed to winners.At the same time, Optimism has made projections for 2025, focusing on interoperability in the coming year and aiming to make Superchain the best DeFi platform while attracting more developers through developer tools.It is reported that Optimism aims to become a simpler and more valuable platform for building and guiding applications through comprehensive development tools, and to unite Ethereum through interoperability and other means.

ChainCatcher news, according to Bitcoin.com, the trading volume of DeFi platforms reached $52.81 billion in the past four days, with Uniswap and Hyperliquid dominating the market, where Uniswap's trading volume was $9.48 billion and Hyperliquid's trading volume was $10.75 billion.Following closely is Raydium, with a trading volume of $8.61 billion in the past four days, while Jupiter's trading volume was $2.45 billion. According to DefiLlama's statistics, the total trading volume of 109 decentralized perpetual contract platforms reached $6.611 billion in the past 24 hours, and the total trading volume of DEX reached $11.464 billion.

ChainCatcher news, DeFi platform Folks Finance has raised $3.2 million in Series A funding, reaching a valuation of $75 million. This round was led by Borderless Capital, with participation from Algorand Ventures, Mapleblock Capital, Sovo Ventures, and others. The total funding for Folks Finance has reached $6.2 million.Benedetto Biondi, co-founder and CEO of Folks Finance, stated that the first $2 million of this round was raised in February of this year, with the remaining $1.2 million raised recently. He declined to comment on the structure of this round but mentioned that the $75 million reflects both equity valuation and fully diluted valuation (FDV), indicating that Folks Finance may issue tokens in the future.According to RootData, Folks Finance is a DeFi platform that provides innovative tools for lending, trading, and managing digital assets. Users can deposit assets to earn yields, obtain loans by providing collateral, swap assets through Folks Router, and participate in Algorand governance with gALGO and xALGO assets.

ChainCatcher news, according to The Block, Peter Thiel's Founders Fund has invested in DeFi platform Infinex's new "sponsorship" fundraising model, which sells Patron NFTs to venture capitalists, angel investors, and the community.Infinex stated that this fundraising model has raised a total of $67.7 million by selling Patron NFTs to venture capitalists, angel investors, and the community. Other venture capital firms participating in this sale include Wintermute Ventures, Framework Ventures, and Solana Ventures, as well as angel investors such as Ethereum co-founder Vitalik, Solana co-founder Anatoly Yakovenko, and Aave founder Stani Kulechov.

ChainCatcher news, according to official page data, the BounceBit DeFi platform has now launched Bitcoin, A-shares, the Shenzhen Composite Index, and the Hang Seng Index, allowing long and short trading using BB tokens, with a maximum leverage of up to 200 times.

ChainCatcher news, according to Decrypt, the Sui ecosystem DeFi platform DeepBook has announced the DEEP token release plan.It is reported that the token is set to launch on October 14, with a maximum supply of 10 billion tokens; 2.5 billion tokens will be part of the initial circulating supply, and the remainder will be released over the next 7 years.

ChainCatcher news, according to The Block, the U.S. Securities and Exchange Commission (SEC) has reached a settlement regarding its charges against the DeFi platform Rari Capital. The SEC found that the company and its co-founders misled investors and did not register as brokers. The SEC stated that Rari Capital's co-founders Jai Bhavnani, Jack Lipstone, and David Lucid told investors that their managed Earn platform allowed investors to lend tokens to earn returns, which would "automatically and autonomously rebalance" their cryptocurrencies instead of doing it manually, but the company was sometimes unable to do so. The SEC also indicated that they were involved in "unregistered broker activities" related to the Fuse platform. The SEC noted that the two platforms held over $1 billion in crypto assets at their peak. Certain Earn platform investors were also eligible to receive Rari governance tokens, which the agency claimed were unregistered securities.As part of the settlement agreement, Rari Capital Infrastructure LLC, which acquired Rari Capital in 2022, agreed to cease future violations of securities laws, and Rari's co-founders agreed to pay fines and are banned from serving as executives and directors for five years. According to previous reports, the lending platform Fuse was hacked in May 2022, resulting in the theft of $80 million. Rari Capital subsequently halted new deposits and began to gradually shut down the Fuse platform.

ChainCatcher news, SunPump has announced that its platform is now fully open to users worldwide. This means that no matter where users are located, they can easily and smoothly access SunPump, enjoying a borderless experience for creating and trading Meme coins.Sun Pump is an innovative product under the well-known DeFi platform Sun.io, and it is the first platform in the TRON ecosystem focused on the fair issuance of Meme coins. Its Beta version was officially launched on August 13. As of now, Sun Pump has established strategic partnerships with well-known DEX aggregator Dex Screener, top global exchanges Huobi HTX and Poloniex, working together to promote the continuous development of the global Meme ecosystem.

ChainCatcher news, the Bitcoin DeFi platform Liquidium distributed 10% of its token supply during its Token Generation Event (TGE), with 7% allocated to Liquidium users and 3% allocated to specific Ordinals communities. This airdrop marks the end of the Liquidium Genesis Season and the beginning of Season 1, during which user rewards will last for two months.Previous news, Liquidium announced on July 18 that it raised $2.75 million in seed funding.

ChainCatcher news, cryptocurrency trading software provider Talos has now acquired Skolem, which offers a DeFi access platform. The scale of the transaction and other terms have not been disclosed.Talos stated that Skolem will help expand its on-chain capabilities and connect its institutional clients to more decentralized finance or DeFi services.Talos co-founder and CEO Anton Katz said, "This acquisition helps Talos expand our on-chain capabilities, providing clients with access to more DeFi liquidity pools and enhancing our PMS products and DeFi services."

ChainCatcher news, according to PR Newswire, the AI-driven intent-based DeFi platform Aperture Finance has completed its Series A funding, raising a total of $12 million, with a project valuation reaching $250 million. This round of financing was led by venture capital firms such as Skyland Ventures, Blockchain Founders Fund, and Krypital Group, with participation from notable investors including Alchemy, SNZ, Stratified Capital, Tide, Cipholio, ViaBTC, CatcherVC, and Double Peak.It is reported that Aperture Finance innovatively uses intent to simplify DeFi operations, allowing users to specify the outcomes they desire. The new funds will be used to develop infrastructure, expand the network, and enhance user experience. The APTR token will be launched on Bybit on May 31, 2024.

ChainCatcher message, Bitcoin DeFi platform ALEX announced the upcoming launch of a new page that allows affected users to verify their liquidity provider (LP) positions in preparation for financial grants and asset distribution.Efforts are actively underway to recover assets; aside from 13.8 million STX frozen in major CEX accounts and the attacker's on-chain wallet, other tokens are secure.A report has been filed in Singapore and submitted to 24 major CEXs, with a report also being made in Panama.Additionally, it stated that a financial grant plan will soon be developed to support the affected community. ALEX AMM will gradually reopen, ensuring that safety measures are in place.

ChainCatcher news, Bitcoin DeFi platform Alex announced the discovery of a vulnerability in the XLink bridge and has actively collaborated with exchanges, partners, and ecosystem contributors to address the situation.Most of the funds related to the hacker have been frozen by major exchanges to prevent further abuse. ALEX Labs has identified the responsible party for the recent security breach and has proposed a bounty arrangement to resolve the issue. The ALEX team proposed a 10% bounty on the stolen funds in exchange for the return of 90% of the assets. ALEX guarantees that there will be no further pursuit or involvement of law enforcement after compliance with the conditions. This proposal is valid until May 18 at 08:00 UTC.Previously, it was reported that various tokens from the Bitcoin DeFi application ALEX Lab were stolen, amounting to over $4.3 million.

ChainCatcher news, AI-integrated DeFi platform 0xGen has completed strategic financing, with investment institutions such as Principle68, Bella Protocol, Phoenix Chain, Tensor Investment Corporation, and X Labs participating. These investors will provide important advice and support for its development.According to the RootData platform, 0xGen utilizes large language models (LLM) to identify user intent and implements task allocation through smart contracts, aiming to optimize the DeFi experience. Its unique Dex and cross-chain bridge aggregation technology helps users find the best trading paths while achieving cross-chain swaps.

ChainCatcher news, according to CoinDesk, over $287 million in USDe has been minted within 24 hours of the launch of the DeFi platform Ethena.It is reported that the platform offers a 27% annual yield for its USDe token holders, but the 27% reward is calculated on a rolling 7-day basis and may change weekly based on potential factors.Ethena claims that USDe is a synthetic dollar that largely mimics an algorithmic stablecoin, with a target peg of $1, minted as ETH is deposited into the platform.Its yield comes from two sources: staking ETH to validators for a 5% capital gain; and shorting Ethereum futures to obtain financing rates, which historical models estimate to be above 20%.

ChainCatcher news, according to official sources, the multi-chain DeFi platform Rubic has announced that it has received funding from Space ID, with the specific amount not disclosed. In addition, Rubic also announced that it has integrated the domain name software development kit Web3 Name SDK, which brings seamless domain usage support to enhance users' cross-chain experience.

ChainCatcher news, according to official sources, the Solana ecosystem DeFi platform Saros has completed a $3.75 million private funding round, with participation from Solana Ventures, Hashed, Spartan, Arche Fund, as well as other industry leaders like GBV, Assym, IF, Genblock, K300, Cryptomind, Kyros, and Evernew.It is reported that this round of funding will be used for the project's expansion plans and the development of the Saros super application.

ChainCatcher news, Hong Kong listed company Blueport Interactive (08267.HK) under the crypto investment and research institution LK Venture announced a strategic investment in the one-stop DeFi service platform ALEX Lab through the Bitcoin network ecological investment management fund BTC NEXT.According to the crypto data platform RootData, ALEX Labs is a Bitcoin DeFi platform based on the Stacks blockchain. It has now become a DeFi protocol built on Bitcoin and BRC-20 tokens, focusing on the next generation of Bitcoin users, innovators, and the broader ecosystem.