ChainCatcher news, Ethereum development company ConsenSys founder Joseph Lubin stated on the X platform that, to his knowledge, a project from the Trump family recently purchased over $250 million worth of ETH with the aim of establishing a DeFi business.

ChainCatcher news, according to official information, Chainlink has announced the launch of a new data product, Chainlink DeFi Yield Index (CDY Index). This product is now live and uses Chainlink standards to aggregate DeFi lending rates across the entire market.

ChainCatcher news, the DeFi yield strategy platform Canopy announced the completion of a $1.2 million funding round, led by Mechanism Capital and CitizenX, with participation from Primitive, GSR, and Side Door Ventures.Canopy is a member of the Move Collective accelerator under Movement Labs, focusing on solving the issues of liquidity fragmentation and low yield efficiency in the DeFi space. The platform offers a one-stop yield strategy management service, integrating customized strategies and collaborative protocols to help users optimize their returns. Meanwhile, its reward distribution engine can automatically compound and optimize yield generation.

ChainCatcher news, according to Coindesk, decentralized infrastructure provider Elastos has announced that it has raised $20 million from private investment firm Rollman Management, planning to expand its merged-mined ELA tokens into Bitcoin reserve assets.In addition, Elastos aims to expand its Bitcoin DeFi protocol BeL2 into a utility layer for the global original blockchain.

ChainCatcher news, according to Financefeeds, Agne Linge, the growth director of the DeFi platform WeFi, emphasized the importance of stablecoins during the "Web3: The Future Economy" panel discussion at the World Economic Forum summit in Davos.She pointed out that the current total market capitalization of stablecoins has reached $21.6 billion, making them an important financial tool in countries facing hyperinflation such as Argentina and Brazil. In emerging economies like Venezuela, the adoption rate of dollar-pegged stablecoins (especially USDT) has surged as citizens seek to protect their savings from the effects of hyperinflation.Linge expects the stablecoin market to grow to $3 trillion within the next five years.

ChainCatcher news, recently, the People's Court of Pingjiang County, Hunan Province announced multiple criminal judgments involving the BKEX exchange, clearly defining the platform's contract trading as gambling behavior, and holding relevant employees and agents criminally responsible for the crime of operating a casino.The judgment shows that BKEX was founded by Ji Jiaming in 2018 in Chengdu, mainly providing virtual currency exchange and spot trading services. In 2021, the platform launched perpetual contract trading features, allowing users to bet on the price fluctuations of virtual currencies like BTC and ETH using USDT, suspected of using the internet to gather crowds for gambling. By the time of the incident, BKEX had accumulated a net profit of approximately 54.798 million USDT (equivalent to about 300 million RMB), with 270,000 contract trading users, of which over 60,000 were active users.Due to the founder Ji Jiaming being on the run, this case mainly targets platform employees and agents. The judgment involves 2 employees and 6 agents, among them, an employee named Zheng Lei, who served as a wallet engineer responsible for technical support for fund circulation, was sentenced to 2 years and 1 month in prison, with a 2-year and 1-month probation, and fined 150,000 yuan; another employee, Wang, was responsible for KYC verification and fund settlement, sentenced to 1 year and 11 months in prison, and fined 52,000 yuan. Agent Dong was sentenced to 1 year and 6 months in prison, with a 1-year and 6-month probation, and fined 35,000 yuan for developing downline participants for gambling profits. The related illegal gains have been confiscated and turned over to the national treasury.The court determined that the defendants were all accomplices, and some individuals received lighter penalties due to pleading guilty and actively returning stolen goods.Earlier in 2023, news from BKEX exchange: due to suspected "money laundering" and cooperating with the police for evidence collection, it will suspend withdrawals.

ChainCatcher news, according to official sources, Sushi Labs has acquired the DeFi infrastructure company Shipyard Software. Shipyard founders Mark Lurie (a multi-exit founder and DeFi leader) and AMM research pioneer Abe Othman will join Sushi Labs as advisors.This acquisition aims to address key challenges in DeFi, including mitigating impermanent loss, optimizing liquidity provision, and enhancing multi-chain trading efficiency.

ChainCatcher news, BounceBit announced the expansion of USDC support through two new initiatives: the introduction of the Bridged USDC standard on the BounceBit chain, and the launch of the USDC yield generation feature on its CeDeFi platform.Users can connect their wallets and deposit USDC through the BounceBit official website to monitor yield performance in real-time. Additionally, BounceBit plans to explore collaboration with Circle in the RWA field and continue to develop more services to meet user needs.

ChainCatcher message, Uniswap CEO Hayden Adams posted on X: "Honestly, I've been thinking about an EIP for years, which is to acquire top DeFi projects and L2 through one-time ETH inflation.DAOs can submit on-chain in advance, so everything happens simultaneously. Make DeFi + L2 free, and the only remaining code is ETH. All supplementary projects are commoditized.I have never advocated for this initiative, as it seems unlikely to be realized, but the impact it brings cannot be ignored, and in my opinion, it is worth it for Ethereum."

ChainCatcher news, DWF Ventures stated on platform X that the market capitalization of the TRUMP token soared over $70 billion within less than 48 hours of its launch, driving significant capital inflow into the Solana ecosystem and a surge in the number of active addresses on-chain, which also led to an exponential increase in demand for platforms like DEX on the Solana chain. It is certain that under the leadership of the Trump administration, the favorable factors for the development of cryptocurrency outweigh the negative ones. Many will ask, what will be the next direction of the market? Will attention shift back to AI? Or will it turn towards DeFi and SocialFi?Cryptocurrency is essentially a social movement driven by emotions and collective beliefs towards a certain goal. The success of TRUMP showcases the power of collective strength, and we will see more such phenomena in the future as communities promote their own narratives. The flow of this "hot money" will continuously revolve around different narratives, and the speed of this rotation is faster than ever before. Amidst the noise, a few projects will stand out and maintain relevance across multiple cycles, which is where the greatest returns come from. In the coming months, we may see more volatility rather than a one-sided rise. However, the future of cryptocurrency remains very positive.

ChainCatcher news, Grayscale's communications chief Jennifer Rosenthal will be leaving to join the DeFi Education Fund as the new Chief Communications Officer. Since 2021, Rosenthal has held various positions at Grayscale, during a critical time when the company was vying for a Bitcoin spot ETF.

ChainCatcher news, according to GlobeNewswire, DeFi staking service provider Amerany announced the completion of a $2 million Series A funding round, with investor information not yet disclosed. The new funds are intended for upgrading the infrastructure of its multi-chain staking platform.Currently, the platform supports more than 10 blockchains, including Ethereum (ETH), Aptos (APT), and Optimism (OP). It is reported that Amerany has also launched a bug bounty program with a scale of $100,000.

ChainCatcher news, Astherus, a multi-asset liquidity hub strategically invested by Binance Labs, recently announced the official integration of the Arbitrum network. Through this integration, Arbitrum users can trade on the Astherus platform to continuously earn Rh points; mint ALP to earn Au points, generating stable returns with low risk.It is reported that Astherus aims to address inefficiencies in DeFi by focusing on maximizing the real yield of assets, providing sustainable and substantial returns. Its ecosystem product AstherusEx offers a comprehensive decentralized trading experience, featuring products such as the Degen mode, which supports up to 1001x leverage, and the Dumb mode, which predicts the value of underlying assets fluctuating minute by minute. AstherusEx attracts numerous traders with its trading experience and generous reward mechanisms, with a trading volume exceeding $2.5 billion per week.

ChainCatcher news, Bitget Wallet announced that it will designate PayFi as its core strategy for 2025. By combining the convenience of crypto payments with the yield capabilities of DeFi, it aims to upgrade the wallet from a storage and trading tool to an integrated financial application for wealth management and consumption. By integrating wealth management, transfers, and spending, Bitget Wallet will build an on-chain financial ecosystem that allows funds to operate efficiently and continuously appreciate. Users can deposit assets into flexible savings accounts, earn real-time returns, and use them directly for payments, realizing the concept of Buy Now, Pay Never.Bitget Wallet plans to launch the Bitget Wallet Card, supporting global cryptocurrency payments and providing crypto-friendly, secure, and compliant international multi-currency bank accounts. Bitget Wallet will also collaborate with partners to create a Web3 payment ecosystem covering scenarios such as gift card purchases, mobile top-ups, QR code payments, and POS payments, while optimizing transfer and wealth management functions to promote inclusive crypto finance and asset growth.

ChainCatcher message, CryptoQuant CEO Ki Young Ju posted on X: "Trump is promoting Bitcoin globally. Short-term holders are continuously buying, while long-term holders are selling. This is the definition of a bull market."

ChainCatcher news, U.S. President Trump signed an executive order on Thursday related to cryptocurrency and artificial intelligence, initiatives that could boost the development of both emerging industries. Kara Calvert, Vice President of U.S. Policy at Coinbase Global Inc., stated, "This will definitely change the fundamentals. The U.S. has a president who embraces digital assets and has established a consulting committee that recognizes the need for non-governmental expertise, which is really exciting."