ChainCatcher news, according to The Block, DWF Labs executive partner Andrei Grachev stated that DWF Labs will consider taking legal action against the dismissed founding partner Eugene Ng. Previously, Eugene Ng was accused of drugging and sexually harassing a woman while intoxicated.

ChainCatcher news, DWF Labs co-founder Andrei Grachev posted on X: "As of October, it is the first month of the bull market cycle from the fourth quarter to the first quarter. The market is still very volatile, but the trend is positive. Trends that I believe are worth paying attention to include: meme, chains that correctly launch meme platforms (note this), yield-bearing assets, artificial intelligence, RWA."

ChainCatcher news, DWF Labs co-founder Andrei Grachev posted on X that they are hiring 16 people for 12 positions, recruiting globally, from technology to sales, and the team is rapidly expanding.

ChainCatcher news, DWF Labs co-founder Andrei Grachev posted on X: "The meme coin market has become a mature and solid part of the industry. It leverages extreme fear and greed, allowing savvy investors and traders to amass significant wealth. DWF Labs institutionalized its investment in meme coins years ago, and it remains one of our priorities."

ChainCatcher message, DWF Labs co-founder Andrei Grachev posted on X: "DWF HFT has just deposited 10 million USDT into OpenEden to earn some risk fee income. Brother Eugene Ng, we believe in you."

ChainCatcher news, DWF Labs co-founder Andrei Grachev stated on X that the design of their synthetic stablecoin has been completed.The synthetic stablecoin will support collateral with the following different annual interest rates:USDt, USDc, DAI, USDeBTC/ETHBlue-chip tokens (limited list)Long Tail alts (limited list)

ChainCatcher news, according to Spot On Chain monitoring, DWF Labs has just spent 1 million USDT to purchase 111,000 PROM at an average price of about 9 dollars.It is worth noting that Andrei Grachev, the head of DWF Labs, also spent 500,000 USDT on February 14 to buy 49,965 PROM at a price of about 10 dollars. After his investment, the price of PROM soared by 75%.

ChainCatcher news, DWF Labs Managing Partner Andrei Grachev announced his presence on friend.tech via social media. As of now, Andrei Grachev Key has 98 holders, and the Key price has reached 1.26 ETH.

ChainCatcher news, DWF Labs managing partner Andrei Grachev tweeted that trading activity has hit rock bottom, with 24-hour spot trading volume dropping to $23 billion, the lowest since the winter of 2019.Behind the scenes, exchanges are starting to impose requirements on projects regarding trading volume and liquidity, or they will be delisted. Retail activity is also very low, but people still need or want something to speculate on, to make money (or lose money). Even larger market cap coins can experience price fluctuations of 20-30% within 24 hours.Moreover, IDOs, IEOs, and direct listings are no longer popular, as people are waiting for new things to emerge and Binance Launchpad projects. Because it always stimulates retail activity, if a project succeeds, many will try to follow suit.Grachev explained, "Projects, exchanges, market makers, and other market participants are working behind the scenes to fix the market. Although there is no 100% solution, these efforts will certainly bring some benefits to the market. We are currently in a low point of market activity, but prices remain uncertain. In a few months, we expect our market activity to increase and drive prices up, which also depends on our luck." (source link)

ChainCatcher news, DWF Labs Managing Partner Andrei Grachev tweeted that DWF Labs has transferred 60 billion LADYS (worth $100,000) to Huobi Global for market making. (Source link)