ChainCatcher news, according to official sources, the decentralized trading protocol Hibachi has announced the completion of a $5 million seed round financing, with participation from Dragonfly, Electric Capital, and echo.It is reported that Hibachi is a decentralized trading protocol designed specifically for professional traders, emphasizing provable security through zero-knowledge (zk) mathematics.

ChainCatcher news, the crypto prediction platform Yeet has completed a $7.75 million funding round, led by Dragonfly, with participation from angel investors including Pudgy Penguins CEO Luca Netz and LayerZero CEO Bryan Pellegrino.Yeet was co-founded by well-known figures in the crypto space, Michael Anderson (alias Mando), anonymous trader Keyboard Monkey, and professional poker player Ben Lamb, focusing on "prediction markets for crypto users," targeting a high-risk tolerant native crypto audience.

ChainCatcher news, according to CoinDesk, the company behind the stablecoin protocol Level, Peregrine Exploration, announced the completion of a new funding round of $2.6 million, led by Dragonfly Capital, with participation from Polychain, Flowdesk, Echo, Native Crypto, and Feisty Collective by Path, as well as angel investors Sam Kazemian from Frax and Albert Chon from Injective. This latest funding round follows their previous raise of $3.4 million in August, bringing their total funding to $6 million to date.

ChainCatcher news, Dragonfly managing partner Haseeb Qureshi stated that after meeting with several members of the Ethereum Foundation at the ETH SF event, he is more optimistic about the future of Ethereum. Haseeb mentioned that the Ethereum leadership has recognized the urgency for change, understanding that "it is no longer 2020," and they hope to elevate the importance of Ethereum.The Ethereum Foundation is receiving feedback from investors and developers and is considering how to replicate Solana's Superteam success model within the Ethereum ecosystem. They are shifting their focus away from research and academia, placing more emphasis on capital formation and the development journey of founders.Haseeb emphasized that the community's criticism of the Ethereum leadership is having a positive impact; they are listening carefully and thinking about how to adapt to changes. He encouraged the community to continue sharing their opinions and expressed a positive outlook on Ethereum.

ChainCatcher news, Dragonfly managing partner Haseeb Qureshi posted on X platform: "I missed the seed round investment in Solana at $0.04 in early 2018, which, at the current price, amounts to a 3250x return. Solana was one of the first projects I encountered as a junior venture capitalist, and at that time, I wrote memos for every missed trade. Now, rereading that memo, it’s simply the most embarrassing moment of being a junior VC. We were obsessed with 'Ethereum killers', consensus protocols, and what would replace EVM/eWASM. So, here is the unedited version (i.e., the memo I wrote) ------ the worst investment mistake of all time."

ChainCatcher news, according to official sources, the Web3 community-driven gaming ecosystem Slingshot DAO has completed a $16 million financing round, with investors including renowned Web3 institutions such as Dragonfly Capital, Animoca Brands, Digital Currency Group (DCG), Sfermion, Standard Crypto, Sanctor Capital, Collab+Currency, and Alphabit.In addition, Slingshot DAO revealed that the SLING token is about to be launched and hinted that trading will soon commence.According to the Web3 asset data platform RootData, SlingShot helps coordinate various community members, transforming pure ideas into creativity, and then into real experiences. Community members submit ideas through the SlingShot application interface to gain new and exciting games and experiences. They vote on their favorite game ideas displayed on the leaderboard. Rewards are requested for their participation (submitting ideas and voting). Members can also build - talented individuals, small teams, and studios receive support from the SlingShot DAO Treasury to develop winning ideas.

According to ChainCatcher's message, the latest "2025 Airdrop Status Report" released by Dragonfly shows that U.S. users missed out on significant cryptocurrency airdrop gains due to regional restriction policies. The report analyzed data from 12 airdrop projects (11 with regional restrictions and 1 unrestricted control project) between 2019 and 2023, estimating that between 920,000 and 5.2 million active U.S. users (accounting for 5-10% of U.S. cryptocurrency holders) were affected by these regional restriction policies.The study found that in 2024, approximately 22-24% of active crypto addresses globally belong to U.S. residents. The 11 projects in the sample collectively generated about $7.16 billion in value, with around 1.86 million users participating in claims, and the average median claim amount per eligible address was approximately $4,800. The report estimates that U.S. users lost potential gains of $1.84 billion to $2.64 billion due to regional restrictions between 2020 and 2024.More broadly, based on an analysis of 21 regional restriction airdrop samples by CoinGecko, U.S. users may have lost between $3.49 billion and $5.02 billion. This resulted in an estimated federal tax loss of about $418 million to $1.1 billion, and a state tax loss of approximately $107 million to $284 million, totaling tax losses of $525 million to $1.38 billion. The report also noted that the relocation of crypto businesses overseas has significantly reduced U.S. tax revenues; for example, Tether reported a profit of $6.2 billion in 2024, which, if fully subject to U.S. taxes, could contribute about $1.3 billion in federal corporate tax and $316 million in state tax.

ChainCatcher news, cryptocurrency broker August has completed a $10 million funding round, led by Dragonfly Ventures, with participation from Foresight Ventures, Standard Chartered Bank, and 6th Man Ventures. The funds will be used to develop marketing strategies, hire more staff, and continue developing new technologies.August is a brokerage firm focused on cryptocurrency, aiming to connect clients with DeFi networks that lend cryptocurrencies and offer derivatives and token trading, including Aave, Morpho, and Uniswap.

ChainCatcher news, according to CoinDesk, sources revealed that DoubleZero Foundation has secured $28 million in its latest funding round, with a valuation of $400 million, and is currently seeking additional investment at a valuation of $600 million. This round of funding was led by Dragonfly and Multicoin Capital. DoubleZero declined to comment on this matter.DoubleZero is building a global private fiber network to enhance blockchain data transmission efficiency and reduce latency. It has opened its testnet to Solana validators and plans to expand to more public chains. The network integrates private lines from institutions such as Jump Crypto, RockawayX, and Latitude.

ChainCatcher news, according to Jinshi reports, Monex Europe analysts stated in a report that the dollar extended its decline on Tuesday, hitting a 12-week low, as concerns over the weakening growth outlook for the U.S. economy put pressure on the dollar.They noted that the concerns about economic growth stem from the tariffs imposed by the Trump administration and broader policies, as well as recently weak U.S. economic data. However, these worries about U.S. economic growth may be "somewhat overstated."Meanwhile, the market has also underestimated the impact of tariffs in other regions. They indicated that U.S. import tariffs should still have a net positive effect on the dollar. Currently, traders may need time to digest the full impact of the latest developments, so for those betting on a stronger dollar, this could be a "difficult process."

ChainCatcher news, Dragonfly investor GM shared some thoughts on blockchain development at the Denver event. He mentioned that the performance demands of the blockchain space are elastic, and scalability remains a topic of ongoing concern in the industry, with the future launch of EVM being highly anticipated. Additionally, he pointed out that differentiated functional blockchain space is another important direction, such as native interoperability, more complex operations (like ML precompiles), and the exploration of function-specific chains.He also noted that geographically dominated frontends are on the rise, with significant differences in popular memecoin trading tools in regions like Asia and the United States, and the potential of localized frontends is underestimated. At the same time, he reexamined the beauty of Bitcoin's design, especially the dynamics of miner competition, which is relatively lacking in modern PoS networks.On the application level, he mentioned that a new wave of applications based on mental share and social metrics is emerging, such as Kaito unlocking a new battlefield. He also discussed the possibility of venture capital financing and reintroducing crowdfunding models.

ChainCatcher message, shared security network IMUA announces the completion of a $5 million seed round financing, led by Draper Dragon, No Limit Holdings, and Paramita Capital, with participation from Reforge Capital, Caladan Capital, Tané Labs, Syntax Capital, MH Ventures, 57 Blocks, Lecca Ventures, and others. The new funds will be used to develop new technologies that bundle the decentralized security and trust of blockchains such as Bitcoin, Ethereum, XRP, and Solana and scale it as a service to protect secure transactions of off-chain networks like AI agents. Currently, the IMUA public testnet is live.

ChainCatcher news, Walmart's earnings guidance was below market expectations. As an important barometer of U.S. consumer spending, its slowing growth signals have raised investors' concerns about stagnation in consumer spending. According to 4E monitoring, the three major U.S. stock indices collectively fell on Thursday. Walmart's stock plummeted by 6.53%, dragging the Dow down by 1.01%, marking the largest single-day drop in nearly five weeks; the S&P 500 index fell by 0.43%, and the Nasdaq dropped by 0.47%, with large tech stocks generally under pressure.The cryptocurrency market has remained sluggish since February, with pessimistic sentiment once prevailing. However, after Bitcoin fell to a previous low of $93,000 on Tuesday, the price has continued to rebound as the market seems to gradually digest the impact of Trump's tariff policies and optimistic expectations for a resolution to the Russia-Ukraine conflict. As of now, Bitcoin is priced at $98,146, up 1.2% in the last 24 hours. The altcoin market has also shown signs of recovery, especially with newly launched coins experiencing significant increases, leading to a notable improvement in market sentiment.In the forex commodities sector, influenced by both the tariff plan and economic data, the U.S. dollar index fell by 0.7%; a decline in U.S. fuel inventories and a weaker dollar provided support for oil prices, which have risen for three consecutive days; safe-haven demand pushed spot gold to touch a historic high of $2,954, before the increase narrowed to 0.22%.U.S. stocks retreated on Thursday from record highs after several days of gains, with weak retail earnings reports coupled with U.S. unemployment claims data intensifying concerns about declining consumer confidence and the economic impact of tariff policies, leading traders to generally maintain a cautious stance.

ChainCatcher news, according to The Block, the Bitcoin staking platform Acre has completed a $4 million strategic financing round, with participation from Draper Dragon, Big Brain Holdings, and Orange DAO.Acre co-founder and CEO Laura Wallendal stated that this round of financing was conducted in the form of a Simple Agreement for Future Equity and token subscription rights. Wallendal mentioned that the $90 million valuation represents the fully diluted valuation of the yet-to-be-launched ACRE token.Acre is a subsidiary of Thesis, a startup studio focused on Bitcoin, with supported projects including tBTC, Fold, and Mezo Network. Acre allows users to deposit their Bitcoin holdings to earn more Bitcoin or "compound" their Bitcoin. It achieves this through various methods, including deposit rewards. Acre's first vault partner is Mezo, a Bitcoin company.

ChainCatcher news, Dragonfly managing partner Haseeb Qureshi posted on social media X, stating that the current low volatility in the Meme coin market may be just a temporary phenomenon. He believes that once the macroeconomic situation improves, the trading cycle of meme coins will become active again.However, Haseeb also pointed out that the Meme coin market has entered a later stage, and market participants seem to be showing signs of fatigue.