ChainCatcher news, according to the Financial Times, the company behind the AI code editor Cursor, Anysphere, has just completed a $900 million funding round led by Thrive Capital, reaching a valuation of $9 billion. This round attracted participation from top venture capital firms, including a16z and Accel.Upon inquiry, it was found that the cryptocurrency exchange FTX was a seed round investor in Cursor, but after FTX's bankruptcy liquidation, its liquidation team sold the Cursor shares they held for $200,000, while those shares have now skyrocketed to a value of approximately $500 million.Cursor is an AI-powered code editor that has been rapidly developing recently. Before this funding round, Anysphere had raised $105 million in a Series B round led by Thrive Capital and Andreessen Horowitz at the end of 2023, with a valuation of $2.6 billion at that time. In just a few months, its valuation has more than tripled.

ChainCatcher news, according to the Financial Times, AI code editor Cursor has completed a new round of $900 million financing, led by Thrive Capital, with participation from Andreessen Horowitz (a16z) and Accel. After this round of financing, Cursor's parent company Anysphere is valued at $9 billion.

ChainCatcher news, according to a disclosure by crypto community member Cat (@0xCat_Crypto), a Web3 startup project lost hundreds of thousands of USDT due to hardcoded authorized wallet addresses in its smart contract code.In the incident, the contract code submitted by an employee was suspicious, but the employee denied writing the relevant code, claiming that the malicious code was automatically generated by an AI programming assistant and not adequately reviewed. Currently, the ownership of the involved wallet cannot be confirmed, and the identity of the code author is also difficult to ascertain.Slow Mist's Yu Xian stated that, after preliminary investigation, in an environment using the Cursor and Claude 3.7 models, the AI auto-completed address did not match the involved malicious address, ruling out the possibility of AI code generation being the cause of the wrongdoing. The malicious address had owner permissions of the smart contract, resulting in the complete transfer of funds from the project party.

ChainCatcher news, according to Yu Jin, Paradigm transferred 5,500 ETH (approximately $8.66 million) to the institutional brokerage platform Anchorage about 3 hours ago. Over the past year, Paradigm has transferred a total of 96,955 ETH to Anchorage, with a total value of approximately $302 million, at an average price of about $3,110.Previous similar operations were usually followed by subsequent transfers to exchanges like Coinbase and Binance, suspected to be preparations for sale.

ChainCatcher news, AI code editor Cursor announces the completion of a $105 million Series B funding round, with investors including Thrive Capital, Andreessen Horowitz, and Benchmark. This round of funding will be used to expand the team and advance research, promoting the development of a "human-computer collaborative programming" model to significantly enhance programming efficiency.Currently, Cursor has millions of users, editing over 1 billion characters daily, with business revenue exceeding $100 million, making it one of the leading platforms in the global code generation and editing field.

ChainCatcher news, Zhu Su posted on social media that due to technologies like Claude and Cursor, the cost of developing software is rapidly approaching zero, which is very beneficial for the application layer in the crypto space.

ChainCatcher message, Gaia announced on X that its nodes now support Cursor for localized running of LLM frameworks.Unlike GitHub Copilot, Cursor allows for alternative LLMs. Through Gaia, users can create local LLM services using their private knowledge bases and share them on the Gaia network. Cursor can be used as a backend to maintain the privacy of all data and fine-tune it on the user's private codebase.User Guide: https: //shorturl.at/otlZlGitHub Node Configuration: https: //shorturl.at/aBz8C

ChainCatcher news, VanEck's Head of Digital Asset Research Matthew Sigel stated in a recent investor report: "If the persistence of the current cycle is consistent with previous trends, this could indicate a potential market top between the second and fourth quarters of 2025. Historically, the cryptocurrency market has experienced distinct four-year cycles, with significant price peaks typically occurring after a top. The cycles from 2013 to 2017 and from 2017 to 2021 both followed this trend, with each halving resulting in new all-time highs."Sigel's analysis suggests that the current cooling phase of the market is a precursor to another surge.

ChainCatcher News, the U.S. Department of Justice announced the unsealing of eight indictments, accusing Chinese chemical manufacturing companies and employees of trafficking fentanyl precursor chemicals to the United States, stating that these Chinese chemical companies tend to use cryptocurrency transactions to conceal their identities as well as the location and movement of funds. In addition to the criminal charges, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has added 19 related cryptocurrency wallet addresses to its drug-related sanctions list.Previously, according to a research report titled "Cryptocurrency and Global Fentanyl Trafficking" published by Elliptic, there are 100 Chinese suppliers accepting cryptocurrency payments to sell fentanyl precursor chemicals, pill presses, and molds.