ChainCatcher news, EigenLayer announces the redefinition of AVS (Active Verification Service) as "Autonomous Verifiable Service".EigenLayer stated that when it first introduced the concept of Active Verification Service (AVS) in February 2023, it intended to describe how EigenLayer ensures the correctness and security of services built in a decentralized environment. Currently, there is a better way to describe what AVS represents; "active verification" describes how these services are continuously monitored and verified to ensure they are functioning properly. The two key features of the autonomous verifiable framework are: autonomy and verification. The combination of autonomy and verifiability will be EigenLayer's uniqueness.EigenLayer further added that its implementation has no technical changes, but is simply an improvement in terminology to better reflect the potential of these services.

ChainCatcher news, Ethereum founder Vitalik Buterin responded to the question of whether "rollups are overall good for Ethereum or are they leeches, and whether ETH really needs these L2s." He stated that Ethereum currently adopts a hybrid L1 + L2 scaling solution, but it is still necessary to clearly define the transaction scope of both L1 and L2 layers.Vitalik indicated that moving all transactions to L2 could weaken ETH's position as a medium of exchange and a store of value, and cross-L2 operations would still rely on L1. At the same time, keeping all transactions on L1 is also not feasible, as it could lead to centralization and fail to meet the ever-growing demand for on-chain transactions. It is essential to find an appropriate balance between these two extremes to provide users with the optimal solution.

ChainCatcher news, according to CoinDesk, the DeFi platform MANTRA has obtained a Virtual Asset Service Provider (VASP) license issued by the Dubai Virtual Assets Regulatory Authority (VARA). This license will enhance MANTRA's influence in the Middle East and support its focus on the tokenization of Real World Assets (RWA).

ChainCatcher news, according to Globenewswire, the Bitcoin DeFi project Maestro has announced the completion of a $3 million seed round financing, led by Wave Digital Assets and Draper Associates, with participation from UTXO Management, Bitcoin Frontier Fund, Draper Dragon, and Necto Labs.It is reported that Maestro is an enterprise-grade infrastructure provider tailored for Bitcoin DeFi, having launched UTXO-based infrastructure services to simplify the complex process of building Bitcoin-native financial applications. Maestro offers APIs, developer tools, and innovative solutions such as a mempool meta-protocol index, enabling real-time on-chain insights.

ChainCatcher news, according to the Cardano Q4 2024 report released by Messari, Cardano achieved significant growth in the fourth quarter of 2024, with ADA's market capitalization increasing by 127% quarter-over-quarter, reaching $30.3 billion. The total value locked (TVL) in DeFi grew by 94%, reaching $449 million, and the market capitalization of stablecoins increased by 66%, reaching $23.2 million. The average daily trading volume rose by 65%, reaching 71,500 transactions.Cardano also launched the Ouroboros Peras update, enhancing network scalability and being compatible with Hydra and Mithril. The price of ADA rose by 126%, reaching $0.84, and its market ranking improved to 9th place.

ChainCatcher news, DefiTuna founder Dhirk announced via X platform that he has refunded $30,000 and severed ties with investor Kelsier due to Kelsier's alleged involvement in market manipulation.Dhirk stated: "Everyone internally knows there is a huge network of influencers who, with the support of Ben's leadership team, have made millions from the Meteora community."According to SolanaFloor, the DefiTuna founder claimed that Kelsier was involved in a well-orchestrated scheme to extract large amounts of funds from the meme coin launchpad platform M3M3. M3M3 was initially packaged as an independent platform but was actually controlled by Meteora co-founder Ben; projects launching on M3M3 were required to allocate token shares to Kelsier's team; DefiTuna co-founder Vlad was passively involved, mistakenly believing the collaboration was legitimate. It is estimated that the Kelsier team has harvested over $200 million in user funds through projects like AIAI, MATES, ENRON, MELANIA, and LIBRA.

ChainCatcher news, the Web3 liquidity infrastructure project Orderly announced that co-founder Ran Yi will be attending the Consensus HK "DeFi Infrastructure" themed event this Thursday at 2:00 PM (UTC+8).At that time, Ran Yi will gather with industry elites to share his unique insights on how cross-chain liquidity infrastructure can support the development of DeFi, and to discuss hot topics in the DeFi field.It is reported that Orderly is a liquidity infrastructure project that integrates cross-chain derivatives liquidity. By consolidating orders from different chains into a unified on-chain order book, Orderly has created a unified cross-chain liquidity ecosystem, addressing the issue of fragmented liquidity between chains. Currently, the Solana ecosystem DEX Raydium has launched perpetual contract services with the support of Orderly's technology.

ChainCatcher news, according to CoinDesk, after Binance added AVAX as a cashback option for its Bybit Card product, TheTie data shows that in the past 24 hours, a total of 3,898 wallets on the Avalanche blockchain have increased their holdings of Wrapped AVAX (WAVAX), nearly double the recent average of 1,600 increasing wallets. However, whether this buying activity will translate into price stability or a rebound remains to be seen.It is reported that WAVAX can achieve broader compatibility in DeFi applications. The increasing number of wallets holding WAVAX may indicate that users are preparing for future DeFi activities. The DeFi ecosystem of Avalanche includes major protocols such as Aave and Lido, and although its TVL has slightly decreased in the past few months, the network's trading volume has been steadily growing.

ChainCatcher news, Andre Cronje, co-founder of Sonic Labs (formerly Fantom), posted on the X platform stating, "In the past, we would argue over issues like a feature controlled by an external account that does not affect assets, or a contract controlled by multi-signature rather than time-lock. Now, presidents and nations are 'bottom-fishing' us in a completely illegal manner."When asked if he regrets returning to the crypto space, Cronje responded that this is simply a result of broader adoption, and the meme coin craze does not conflict with his work. "The participants in meme coins are a group that is completely indifferent to DeFi or even blockchain. So meme coins haven't taken away any attention because the participants were never part of our user base."

ChainCatcher news, according to TheBlock, the DeFi project Defi.App announced the completion of a $4 million funding round, with venture capital firms contributing $2 million, led by Mechanism Capital, with participation from DCF Capital Partners, Balaji Srinivasan, and Pentoshi.It is reported that later this month, Defi.App plans to conduct a public token sale for non-U.S. KYC users.

ChainCatcher news, according to Jinshi reports, Musk called on Thursday to "remove all agencies" from the U.S. federal government.Since taking on the role of Minister of "Government Efficiency" with Trump's support, Musk has consolidated control over most government departments. Musk made the above remarks at the World Government Summit held in the UAE, wearing a black T-shirt that read "Tech Support." He joked that he was "the tech support for the White House." "How many agencies does it take to govern a country? 99? Definitely not 450." "I think we really need to eliminate entire agencies, rather than leaving a lot of them," Musk said. "If we don't get to the root of the problem, then the weeds can easily grow back."

ChainCatcher news, according to market data from RootData, the BakerySwap token (BAKE) has increased by 91.62% in the last 24 hours, currently priced at $0.292.According to the Web3 asset data platform RootData, BakerySwap is an integrated DeFi platform that provides both AMM and NFT market solutions in one place.

ChainCatcher news, DeFi oracle RedStone Oracles has released the RED token economics. The total supply of RED is 1 billion, of which 48.3% will be allocated to the ecosystem and community (10% will be used for protocol development, 28.3% will be used for ecosystem and data providers, 10% will be used for community and genesis distribution), 20% will be allocated to core builders, and 31.7% will be allocated to early supporters.

ChainCatcher news, according to official news from InfiniFi, the project has completed a $3 million pre-seed funding round. This round was led by Electric Capital, with participation from institutions such as New Form Capital, Kraynos Capital, and Baboon VC. InfiniFi plans to launch a dollar-pegged Deposit Receipt Token (DRT) in the second quarter of 2025 and will integrate with protocols such as AAVE, Pendle, and Ethena.