ChainCatcher news, Ripple's Chief Technology Officer David "JoelKatz" Schwartz recently stated on social media, "Ripple can, will, and should prioritize its own interests. Investors should not expect Ripple to act in a way that harms the company and its shareholders for the benefit of investors." This implies that Ripple has the right to sell XRP tokens to raise operational funds, raising concerns among cryptocurrency investors.This statement is a response to the criticism from Pierre Rochard, Vice President of Research at Riot Platforms, who warned investors that "they are not investing in Ripple the company, but merely acquiring tokens that were created out of thin air. XRP is not a security because Ripple does not actually owe you 'utility' or anything else."Previous news, ZachXBT disclosed on his personal channel that Ripple co-founder Chris Larsen still holds over 2.7 billion XRP, worth approximately $7.18 billion.

ChainCatcher news, according to The Block, Silicon Valley venture capital firm Foundation Capital has raised $600 million for its 11th fund. The firm, an early investor in Solana Labs, will continue to focus on supporting early-stage startups.This venture capital firm, established 30 years ago, primarily invests in areas such as cryptocurrency, fintech, and artificial intelligence. It stated that the new fund will continue its tradition of supporting founders before product building or revenue generation, providing support at the "zero starting point" stage. Foundation Capital noted that 80% of its investments occur before a company generates its first dollar of revenue, "We look for what we call 'zero-to-billion-dollar markets'—these opportunities do not appear in industry forecasts because they are only visible to those who can see beyond the current existence."Foundation Capital is one of the early investors in Solana Labs, having participated in its $20 million Series A funding round in 2019. Its cryptocurrency portfolio also includes Binance U.S., OpenSea, MoonPay, Algorand, Stacks, BCB Group, Helius, Jito, and Kamino. The firm stated, "We have been investing in blockchain since 2014, unaffected by the harsh cryptocurrency winter."Foundation Capital's 11th fund has grown by 20% compared to the previous $500 million fund that closed three years ago. The firm's partner Rodolfo Gonzalez stated on social media, "If you are a seed-stage founder working in cryptocurrency, fintech, or enterprise AI, please come talk to us."

ChainCatcher News, March 16 - 23, 2025 - The first stop of the Rock Web5 Movement: Nantang CodeCamp is about to begin. This CodeCamp is dedicated to redefining the relationship between people and technology with technology, returning to the original intention of blockchain.We invite global developers to answer the questions of the times with code------how to build the future of people and technology between openness and efficiency, censorship resistance and inclusiveness? Together, we will explore the boundaries of the integration of Web2 and Web3, focusing on emerging scenarios and the combination with digitalization; based on the tools provided by CKB, we will develop Web5 applications that solve real problems while maintaining technological ideals.During the event, there will also be rich thematic sharing, Unconference free discussions, local development, Demo Day showcases, and more.

ChainCatcher news, according to Zerohedge, Bloomberg macro strategist Simon White analyzed that the market expects the U.S. to revalue its gold reserves to fund the purchase of cryptocurrencies. Although Trump announced over the weekend the establishment of a cryptocurrency strategic reserve fund, he did not address how to purchase these cryptocurrencies, leaving open the possibility of a revaluation of U.S. gold reserves.Recent comments by U.S. Treasury Secretary Basant regarding the monetization of assets on the balance sheet pointed to a feasible way to finance a cryptocurrency fund: the U.S. could revalue its gold holdings. However, the revaluation of gold could either weaken or strengthen the dollar's reserve status, undermine the independence of the Federal Reserve, and have significant implications.

ChainCatcher news, according to monitoring by The Data Nerd, Abraxas Capital Management (Heka Funds) withdrew 40 million USDT from Binance two hours ago and deposited it into Aave.Data shows that the fund currently manages assets worth 738.4 million dollars, of which over 62% are ETH-related products, 24% are stablecoins, and 10% are BTC-related products.

ChainCatcher news, according to the official announcement, OKX plans to adjust the funding fee settlement frequency of the KAITO/USDT perpetual contract from every 4 hours to every 2 hours on March 5, 2025, with the adjustment time set for 4:00 PM (UTC+8).

ChainCatcher news, according to Cryptonews, blockchain infrastructure company Blockstream has secured billions in investment and will officially launch three Bitcoin-backed funds on April 1.Of the three funds, two will focus on Bitcoin lending: one will underwrite loans collateralized by Bitcoin, while the other will use USD as collateral for cryptocurrency lending. The third fund will adopt a hedge fund strategy to provide institutional investors with investment opportunities in the Bitcoin market.Blockstream stated that its "institutional-grade Bitcoin investment solutions" will go live on April 1 and will begin accepting external funding on July 1.

ChainCatcher message, U.S. crypto-friendly Senator Cynthia Lummis stated while sharing the news "The White House will support CRA to overturn DeFi broker rules," that "The IRS's regulations on DeFi fundamentally misunderstand how decentralized technology operates.Wyoming has been at the forefront of responsible digital asset regulation, and I have witnessed firsthand how regulatory clarity—rather than overregulation—can foster innovation. These tough federal regulations could push U.S. crypto entrepreneurs overseas when we should be nurturing this industry domestically. I am honored to join Senator Ted Cruz in overturning this attack on the crypto community."

According to ChainCatcher's message, Bybit CEO Ben Zhou disclosed that the total amount of funds stolen by hackers is $1.4 billion (approximately 500,000 ETH), of which 77% is still traceable, 20% is untraceable, and 3% has been frozen.Specific analysis shows that 83% (417,348 ETH, approximately $1 billion) has been converted to Bitcoin, distributed across 6,954 wallets. The hackers primarily converted ETH to BTC through THORChain, accounting for about 72% (361,255 ETH). Additionally, 16% of the funds (79,655 ETH) were lost through the ExCH platform, and 8% of the funds (40,233 ETH) were transferred via OKX Web3 proxy, of which about 5% is untraceable.Currently, 11 parties have assisted in freezing the funds, with Mantle, Paraswap, and ZachXBT contributing the most, collectively paying out a bounty of 2.179 million USDT.

ChainCatcher news, according to official sources, MEV developer FastLane Labs has announced the completion of a $6 million financing round, led by Figment Capital and DBA, with participation from Coinbase Ventures, Robot Ventures, Hashkey Capital, CHORUS ONE, and others. The new funds will be used to create a comprehensive liquid staking token on Monad.According to reports, FastLane Labs is dedicated to building a long-term MEV ecosystem on Monad, allowing users, dApps, and stakers to benefit from it.Previously, in May 2023, it was reported that FastLane Labs completed a $2.3 million financing round, led by Multicoin Capital.

ChainCatcher news, according to Zhitong Finance, the artificial intelligence startup Anthropic has announced that it has officially completed a $3.5 billion financing round, with the company's valuation reaching $61.5 billion. This round of financing was led by Lightspeed Venture Partners, which invested $1 billion, with other investors including General Catalyst, Jane Street, and Fidelity Management & Research Company. Additionally, existing investors such as Menlo Ventures and Bessemer Venture Partners also participated in this round of financing.Anthropic's valuation has soared, partly due to the rapid expansion of the company's business. According to insiders, by the end of 2023, the company's annual revenue run rate is approximately $1 billion, but it has grown by 30% so far this year. However, Anthropic has not commented on specific revenue figures. The new financing will be used to develop next-generation AI models, expand computing capabilities, enhance AI safety research, and drive expansion into Asian and European markets. Last week, Anthropic launched a more advanced AI model called Sonnet and released a new type of AI agent capable of automating software programming tasks. This move further demonstrates its cutting-edge innovation capabilities in AI research and development.

ChainCatcher news, according to The Block, analysts from research and brokerage firm Bernstein pointed out that President Trump's statements regarding cryptocurrency reserves have evolved from "Bitcoin as a national reserve" during the campaign to "national digital asset reserves," and recently to "cryptocurrency strategic reserves." Analyst Gautam Chhugani stated in a client report released on Monday: "It is currently unclear whether a strategic reserve can be created solely through a presidential executive order. If it involves the Federal Reserve's balance sheet, specific legislation would be required from Congress."While there are views that the U.S. Treasury's Exchange Stabilization Fund could be used to purchase cryptocurrencies without the need for immediate congressional approval, the fund's primary responsibilities are managing foreign exchange and maintaining financial stability, and using it for crypto reserves may face legal and political challenges. If crypto reserves are approved by Congress, Bernstein analysts proposed several potential sources of funding, including re-evaluating and reallocating gold reserves, issuing government bonds, reallocating Federal Reserve balance sheet funds, or collaborating with U.S. institutional asset managers.Regarding asset allocation methods, analysts suggested a market-cap weighted distribution: 75% allocated to Bitcoin, 11% to Ethereum, 4% to Solana, and the remaining 10% to other assets. Bernstein analysts believe: "A realistic path may be for the U.S. government to persuade Congress to accept Bitcoin as a new form of digital gold/global store of value and to conduct a gold re-evaluation/gold reserve reallocation."

ChainCatcher news, according to The Block, investment bank TD Cowen expressed caution regarding the "crypto strategic reserve" plan announced by U.S. President Trump on Sunday, stating that the plan lacks coordination and does not clarify the source of funding.The TD Cowen Washington research team noted in a report released on Monday: "We advise against overreacting to this social media post. The initial version did not even include Bitcoin and Ethereum in the reserve scope, indicating that the plan has not been fully coordinated." The research team also emphasized that Trump did not discuss how the government would acquire funds to purchase these tokens, raising questions about the feasibility of the plan.Meanwhile, the White House's first cryptocurrency summit is scheduled for this Friday, hosted by crypto mogul David Sacks, with Trump set to speak, and key industry figures and investors expected to attend. TD Cowen stated: "This summit is important and will reveal how the Trump team intends to advance legislation on stablecoins and the structure of the crypto market."

ChainCatcher message, Matrixport analysis indicates that since the launch of the Bitcoin ETF in January 2024, the outflow of funds this month has reached a new high, which may be related to hedge funds closing basis trades (going long on ETFs and shorting futures). This trend is consistent with the reduction of $8 billion in open contracts for Bitcoin futures on the CME after the Federal Reserve's FOMC meeting in December 2024, which exceeds the total inflow of funds into ETFs by 20%.Additionally, the expiration of February futures contracts may also be a source of selling pressure, but this factor has currently been absorbed by the market. Matrixport believes that as the impact gradually weakens, hedge funds may reduce ETF sell-offs and reassess arbitrage opportunities in late March. At present, ETF selling pressure seems to have temporarily halted.

ChainCatcher message, dYdX has voted to approve the proposal to set the default funding rate for some independent markets at 0.00125% per hour, with a support rate of 95.51%.

ChainCatcher news, Satoshi Action Fund co-founder and CEO Dennis Porter initiated a vote on the inclusion of U.S. crypto strategic reserves as assets on the X platform.As of now, the percentage of votes supporting the inclusion of only BTC is 54.6%; the percentage supporting the inclusion of BTC, ETH, XRP, and SOL is 30.4%; the percentage supporting the inclusion of the top ten cryptocurrencies by market cap is 12.3%; and the percentage supporting the inclusion of all cryptocurrencies and meme coins is 2.7%.

ChainCatcher news, after U.S. President Trump announced the advancement of a cryptocurrency strategic reserve including BTC, ETH, XRP, SOL, and ADA, the SoSoValue index token MAG7.ssi has surged over 18% in the past two hours.It is reported that MAG7.ssi is an index token issued on the Base chain, covering the top seven cryptocurrencies by market capitalization, including the five tokens mentioned by Trump. Following this news, XRP within the index briefly rose by 32%, and ADA soared by 67%, driving the overall increase of the MAG7.ssi index fund token.As of now, the TVL (Total Value Locked) of the SoSoValue index token MAG7.ssi has reached $153 million, with a total of 162,522 holders. Additionally, the SoSoValue platform token SOSO has increased by over 15% within an hour.

ChainCatcher news, according to Bitrace monitoring, as of today, Tether and Circle have frozen at least 5 Ethereum and Tron addresses related to the Bybit hacker, successfully intercepting over 760,000 USDT and USDC.