ChainCatcher news, uDEX announced that the team has coordinated with all stakeholders and reached the following action plan: the development team wallet (similar to a foundation) will be locked for 2 years; 149 million UUU in the internal wallet (accounting for 14.9% of the total supply) will be used for community airdrops, partnerships, and liquidity, with all operations remaining transparent and implementing rolling locks; 500 million UUU (accounting for 50% of the total supply) will be sent to a black hole address for permanent destruction, expected to be completed soon; 18 million UUU related to insider trading will be destroyed with the assistance of Binance.Previously, according to an official announcement from Binance, its internal audit team received a report on March 23, 2025, alleging that an employee used insider information for front-running trades to gain improper profits. Binance launched a comprehensive internal investigation. The preliminary investigation has now concluded, and the person involved has been suspended and will face legal accountability.

ChainCatcher news, according to the official announcement from uDEX, the project has coordinated with all stakeholders and reached the following action plan aimed at eliminating market concerns and promoting the project's advancement:The development team's wallet (similar to a foundation) will be locked for 2 years;149 million $UUU (accounting for 14.9% of the total supply) in the internal wallet will be used for community airdrops, partnerships, and liquidity provision, with all operations remaining transparent and implementing rolling locks;500 million $UUU (accounting for 50% of the total supply) will be sent to a black hole address for permanent destruction, expected to be completed in the near future;18 million $UUU related to insider trading will be destroyed with the assistance of Binance;

ChainCatcher news, according to Alternative data, the cryptocurrency Fear and Greed Index today is 40 (yesterday it was 47), and the market's "fear" sentiment is spreading again.Note: The fear index threshold is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media heat (15%) + market surveys (15%) + Bitcoin's proportion in the overall market (10%) + Google Trends analysis (10%).

ChainCatcher news, Zhao Changpeng posted on social media stating, "I know I'm not that smart. When I don't understand something, I will admit it, and I often feel that those impressive people must have some tricks that I don't know to achieve what I can't. But occasionally, I find that the most basic rules still apply."It is worth noting that Zhao Changpeng's tweet referenced a previous tweet stating "DEX is not as good as CEX." In this regard, Zhao Changpeng specifically explained that to avoid confusion, this tweet is unrelated to the HL incident. It was about his previous experience trying out AstherusHub on the BSC chain, which is a project in the Labs portfolio. They do not display liquidation prices and use an automatic deleveraging mechanism (ADL), so issues similar to today's will not occur.

ChainCatcher news, the founder of Slow Mist, Yu Xian, posted on the X platform to review the DEXX hacking incident, stating that the main cause of the incident was indeed the exploitation of a vulnerability in the ZenTao platform used by DEXX, which led to an external intrusion. Subsequently, the production network-related servers and database permissions were compromised, and all forensic analyses have traced back this attack path. In other words, DEXX is also a victim, but bears responsibility for inadequate security management.Furthermore, although DEXX's performance during this life-and-death hacking incident was quite chaotic, the fact that they were ultimately able to provide compensation puts them ahead of 99.99% of projects in this industry.

ChainCatcher news, according to Alternative data, the cryptocurrency Fear and Greed Index has risen to 47 today (up from 46 yesterday), shifting market sentiment to neutral.

ChainCatcher news, Bitwise announced on platform X that Fold and Bitdeer have been included in the Bitcoin Standard Corporations Index.Currently, the number of companies tracked by this index has reached 22, with a total of over 648,000 bitcoins held by these companies, accounting for 3.2% of the total bitcoin supply, valued at over $54 billion.

ChainCatcher news, according to SolanaFloor, PumpSwap developed by pump.fun has achieved a trading volume of $454 million in the past 24 hours, attracting 243,000 users and generating $1.064 million in fee revenue.It is worth noting that PumpSwap's trading volume accounts for 14% of the total trading volume of all decentralized exchanges within the Solana ecosystem.

ChainCatcher news, according to CoinDesk, Singapore licensed crypto exchange DigiFT announced the launch of the first index fund that will fully trade stocks and fund shares on-chain, in partnership with investment institution Hash Global.The fund supports subscriptions and redemptions using USDT or USDC, and the portfolio can be viewed in real-time on-chain. The first batch of products includes index funds tracking AI leading stocks such as Apple, Tesla, and Microsoft, as well as funds tracking crypto assets like Bitcoin, Ethereum, and Solana, which are open only to qualified and institutional investors.

ChainCatcher news, according to CoinDesk, the S&P 500 index broke through the 200-day moving average (200 DMA) for the first time on March 24, which may signal the arrival of a long-term bullish trend and also provides a positive signal for Bitcoin (BTC).The S&P 500 index rose 1.7% on Monday, continuing last week's upward momentum and breaking through this key technical indicator of the average closing price over the past 200 trading days. Previously, the index had experienced a 10% pullback lasting several months, and this breakthrough may mark the end of the market correction period. The 200-day moving average is often used as an important reference for assessing market trends and potential turning points.Bitcoin's recent performance has been in sync with the S&P 500. After breaking through its 200-day moving average ($85,046) over the weekend, it is currently trading above $88,000. The next key resistance level is $93,245, corresponding to the on-chain average cost price for short-term holders.

ChainCatcher news reports that, according to 4E monitoring, last week the Federal Reserve's dovish remarks and Trump's statements about flexibility in the reciprocal tariff plan alternately boosted confidence in the U.S. stock market. After significant fluctuations, the three major indices collectively closed higher for the week: the Dow Jones increased by 1.2%, marking the largest weekly gain in over two months; the S&P 500 rose by 0.51%, ending a four-week losing streak; the Nasdaq slightly increased by 0.17%, halting a previous four-week decline. However, large tech stocks generally closed lower for the week, with Nvidia down 3.26%, Tesla down 0.53%, marking its ninth consecutive week of decline.The cryptocurrency market experienced fluctuations but overall showed a mild upward trend. Bitcoin rebounded after dipping near $81,000 on Tuesday, and on Thursday, driven by the Federal Reserve's dovish remarks, it surged above $87,000, reaching a new high in half a month, before oscillating mainly in the $84,000 range. This morning saw another wave of rapid increases, reporting $85,721 before the deadline, up 3.18% over the past seven days. Other major tokens mostly showed slight increases, with Ethereum striving to stabilize above $2,000, and the meme craze on the BNB chain continuing to attract attention. Signs of market recovery are gradually emerging, and investor sentiment has improved.In the forex and commodities sector, the dollar index rose by 0.34% for the week, marking its first weekly increase this month. The ongoing Russia-Ukraine conflict and the situation in the Middle East continue to escalate, with crude oil rising over 2% for two consecutive weeks. Spot gold increased by 1.31% last week, marking three consecutive weeks of gains.Last week, the Federal Reserve maintained interest rates, in line with market expectations, with guidance for two rate cuts remaining for the year, and Powell's remarks provided some comfort to the market. This week, attention will focus on the PCE price index, the Federal Reserve's preferred inflation indicator, to be released on Friday. Additionally, as the "tariff deadline" on April 2 approaches, uncertainty keeps the market cautious. However, once the tariff outlook becomes clearer, the prolonged market turbulence may subside.

ChainCatcher news, according to Alternative.me data, today's cryptocurrency Fear and Greed Index has risen to 45 (yesterday it was 30), still indicating fear.

ChainCatcher message, the important macro data to be released in the U.S. next week is as follows:March 25, 21:05, FOMC permanent voter, New York Fed President Williams will deliver opening remarks at an event;March 27, 01:10, FOMC voter, St. Louis Fed President Bullard will give a speech;March 27, 20:30, U.S. initial jobless claims for the week ending March 22 (in ten thousand), expected 22.5, previous value 22.3;March 27, 20:30, U.S. Q4 real GDP annualized quarterly rate final value, expected 2.3%, previous value 2.3%;March 28, 20:30, U.S. February core PCE price index year-on-year, expected 2.70%, previous value 2.60%;March 28, 22:00, U.S. March University of Michigan Consumer Confidence Index final value, expected 57.9, previous value 57.9.

ChainCatcher news, according to Alternative data, today's Crypto Fear and Greed Index has dropped to 30, down from 32 yesterday (the weekly average is 30), and market sentiment remains in a state of "fear."Note: The fear index threshold is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market surveys (15%) + Bitcoin's proportion in the overall market (10%) + Google Trends analysis (10%).

ChainCatcher message, according to on-chain analyst @ai_9684xtpa's monitoring, PumpSwap performed as follows in the first 24 hours after launch:Trading volume: $668,000, ranking 7th among Solana ecosystem DEXs;TVL (Total Value Locked): $21.49 million;Compared to mainstream DEXs, PumpSwap is still relatively small in scale:Trading volume accounts for only 0.2% of Raydium, 0.04% of Uniswap, and 0.03% of PancakeSwap;TVL accounts for only 1.87% of Raydium, 0.54% of Uniswap, and 1.28% of PancakeSwap.

ChainCatcher news, Hibit announced the completion of a new round of financing of $5 million. The investors in this round include Bochsler Finance, Nvidia, Distributed Shenbo, Waterdrop Capital, Web3 Venture, Betterverse DAO, Hitters, and several well-known traditional entrepreneurs. The funds raised will be used to further improve the Hibit ecosystem, including Layer2 infrastructure, Hibit DEX, cross-chain interoperability technology, and in-depth layout of the AI Agent economy.As an independent Layer2 that seamlessly connects all chains, Hibit currently covers multiple public chains and their ecological projects, including TON, Kaspa, Solana, ETH, BTC, BNB, and ICP, providing the safest cross-chain solutions (not cross-chain bridges). In addition, Hibit DEX, as the first core landing product of the Hibit Layer2 ecosystem, integrates the advantages of CEX and DEX, achieving a smooth trading experience at the level of millions of TPS, and supports permissionless token listing and deep integration of the AI agent economy with the Meme community. The Hibit team comes from MIT and has experience in establishing one of the world's top ten centralized exchanges from 2013 to 2017.The success of this round of financing further consolidates Hibit's technological position in decentralized trading, cross-chain interoperability, and the AI economy, and will become a trusted interactive infrastructure and payment infrastructure for AI agents in the future world. Hibit will soon launch an airdrop and node sales plan, and will complete the TGE within the year.

ChainCatcher news, according to official information, the decentralized trading platform Global Token Exchange (GTE) on the MegaETH blockchain has launched its testnet.