ChainCatcher message, co-hosted by ChainCatcher and RootData, with the participation of Blofin, BitouchNews, and LapinDigita, the "Web3 Ho Chi Minh Night" networking event will be held at 19:30 local time (20:30 Beijing time) in Ho Chi Minh City, Vietnam.The purpose of this exchange is to help outstanding Chinese Crypto projects understand and familiarize themselves with the Vietnamese market, promote communication between more Chinese Crypto projects and the Vietnamese market, and seek cooperation opportunities between the Chinese and Vietnamese Web3 markets. At the same time, it aims to provide more constructive suggestions for industry development.

ChainCatcher news, the second session of the "Zhen" series event hosted by ChainCatcher and RootData was held today in Hong Kong. This time, ChainCatcher invited several industry builders and investors to discuss the theme of "New Cycle and New Narrative." Matt, CEO of the digital asset management platform Blofin, delivered a speech on "Opportunities and Challenges in the Crypto Market in the Post-Rate-Hike Era."Matt stated that the current breakthroughs in AI technology bring new opportunities to the crypto market, and the blockchain-based crypto market will provide a relatively fair and secure infrastructure for resource and wealth distribution needs. Regarding Hong Kong's position in the crypto market, Matt pointed out that Hong Kong's advantages in fiat currency channels, talent reserves, and policies give it the potential to become a new cryptocurrency center.On the impact of changes in the macroeconomic environment on the crypto market, Matt mentioned that the rate hike cycle is coming to an end, liquidity is returning to the crypto market, and new liquidity entering the crypto market due to banking crises and geopolitical crises also brings new opportunities. In response to the new opportunities and challenges in the crypto market in the post-rate-hike era, Blofin will continue to innovate to meet users' diverse needs in value storage and asset trading.

ChainCatcher news, Blofin CEO Matt announced on Twitter that Blofin has officially launched a new trading platform, Blofin.com. It is reported that Blofin.com features futures trading capabilities and will provide practical functions and protocols for practitioners, professionals, and executives. The platform will use Merkle tree proofs to ensure asset security and has obtained corresponding proof of fund security.The crypto data platform Rootdata shows that Blofin completed a $50 million Series B financing round last March, led by KuCoin, with participation from SIG and Matrix Partners China. (source link)

ChainCatcher news, according to a report by PR Newswire, cryptocurrency asset management company Blofin announced the launch of a new trading platform with futures trading capabilities on January 12. The platform will provide practical features and protocols for practitioners, professionals, and executives, and has obtained the corresponding fund security certification.Cryptocurrency data platform Rootdata shows that Blofin completed a $50 million Series B financing last March, led by KuCoin, with participation from SIG and Matrix Partners China. (Yahoo Finance)

ChainCatcher message, previously reported by CoinDesk, that American Signature Bank announced it would reduce cryptocurrency deposits by up to $10 billion. Signature Bank CEO Joe DePaolo stated that as of September 2022, approximately 23.5% of the bank's total deposits of $103 billion came from the crypto industry, but given the recent issues in the sector, Signature ultimately decided to reduce this amount to below 15%.Recently, Blofin founder Matt confirmed with Signature Bank that the latter's balance sheet remains very healthy. The reason for the above statement is that regulators are concerned about the total amount of its crypto deposits being too large and too concentrated with major clients, and Signature Bank hopes to partially reduce this to accept a more diversified clientele.