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.