ChainCatcher news, the decentralized AI network Fortytwo has announced the completion of a $2.3 million Pre-Seed funding round, led by Big Brain Holdings, with participation from CMT Digital, Escape Velocity Ventures (EV3), Chorus One, Mentat Group, and angel investors including Santiago R Santos, Keone Hon, Paul Taylor, and Comfy Capital.According to the Web3 asset data platform RootData, Fortytwo is a multi-agent AI protocol designed to unleash scalable and efficient intelligence to meet the global demand for AI. In this system, nodes validate and construct responses from one another, forming a collective intelligence that is more efficient and can surpass the accuracy of centralized AI models, while the cost is only a fraction of the latter.

ChainCatcher news, the game AI agent iAgent Protocol announced the completion of a $3 million financing round, with participation from Japanese blockchain gaming company double jump.tokyo, IBC Group, PG Group, Alliance, Cointribune, and others. The new funds will support the construction of an "infrastructure layer" for on-chain AI agents, allowing gamers to utilize decentralized GPU computing power to train their own AI agents and earn token incentives.

ChainCatcher news, according to The Block, the National Cryptocurrency Association (NCA) was officially established on Wednesday, aiming to help Americans better understand the cryptocurrency industry through its consumer education platform. Ali Tager, Vice President of Communications at NCA, revealed to The Block that NCA was founded by the cryptocurrency company Ripple and is supported by Ripple with a two-year funding of $50 million. She stated, "However, the field of cryptocurrency is very broad, and we look forward to other companies in the industry joining NCA's efforts." She also encouraged companies interested in participating in the initiative to reach out proactively.Despite being founded by Ripple, NCA stated that it is not controlled by any single company, but rather provides resources for anyone who uses, holds, or wants to learn more about cryptocurrency. NCA also emphasized that it is not a political or lobbying organization, but focuses on supporting the awareness and education of cryptocurrency. To ensure that NCA provides independent and impartial cryptocurrency education, Tager explained that NCA is a registered 501(c)(4) nonprofit organization, accountable to the best interests of consumers rather than product revenue or profit margins. Such organizations are primarily dedicated to promoting social welfare causes but can also engage in political activities, such as lobbying and advocacy, as long as politics is not their primary purpose. They are also not required to disclose their donors. Later on Wednesday, Stuart Alderoty confirmed that he has joined NCA as Chairman while continuing to serve as Ripple's Chief Legal Officer. Alderoty stated, "NCA is not a political organization—it's open to everyone and not limited to specific projects or protocols."

ChainCatcher news, according to the official announcement, OKX plans to adjust the funding fee settlement frequency of the KAITO/USDT perpetual contract from every 4 hours to every 2 hours on March 5, 2025, with the adjustment time set for 4:00 PM (UTC+8).

ChainCatcher news, according to official sources, MEV developer FastLane Labs has announced the completion of a $6 million financing round, led by Figment Capital and DBA, with participation from Coinbase Ventures, Robot Ventures, Hashkey Capital, CHORUS ONE, and others. The new funds will be used to create a comprehensive liquid staking token on Monad.According to reports, FastLane Labs is dedicated to building a long-term MEV ecosystem on Monad, allowing users, dApps, and stakers to benefit from it.Previously, in May 2023, it was reported that FastLane Labs completed a $2.3 million financing round, led by Multicoin Capital.

ChainCatcher news, according to Zhitong Finance, the artificial intelligence startup Anthropic has announced that it has officially completed a $3.5 billion financing round, with the company's valuation reaching $61.5 billion. This round of financing was led by Lightspeed Venture Partners, which invested $1 billion, with other investors including General Catalyst, Jane Street, and Fidelity Management & Research Company. Additionally, existing investors such as Menlo Ventures and Bessemer Venture Partners also participated in this round of financing.Anthropic's valuation has soared, partly due to the rapid expansion of the company's business. According to insiders, by the end of 2023, the company's annual revenue run rate is approximately $1 billion, but it has grown by 30% so far this year. However, Anthropic has not commented on specific revenue figures. The new financing will be used to develop next-generation AI models, expand computing capabilities, enhance AI safety research, and drive expansion into Asian and European markets. Last week, Anthropic launched a more advanced AI model called Sonnet and released a new type of AI agent capable of automating software programming tasks. This move further demonstrates its cutting-edge innovation capabilities in AI research and development.

ChainCatcher news, according to The Block, analysts from research and brokerage firm Bernstein pointed out that President Trump's statements regarding cryptocurrency reserves have evolved from "Bitcoin as a national reserve" during the campaign to "national digital asset reserves," and recently to "cryptocurrency strategic reserves." Analyst Gautam Chhugani stated in a client report released on Monday: "It is currently unclear whether a strategic reserve can be created solely through a presidential executive order. If it involves the Federal Reserve's balance sheet, specific legislation would be required from Congress."While there are views that the U.S. Treasury's Exchange Stabilization Fund could be used to purchase cryptocurrencies without the need for immediate congressional approval, the fund's primary responsibilities are managing foreign exchange and maintaining financial stability, and using it for crypto reserves may face legal and political challenges. If crypto reserves are approved by Congress, Bernstein analysts proposed several potential sources of funding, including re-evaluating and reallocating gold reserves, issuing government bonds, reallocating Federal Reserve balance sheet funds, or collaborating with U.S. institutional asset managers.Regarding asset allocation methods, analysts suggested a market-cap weighted distribution: 75% allocated to Bitcoin, 11% to Ethereum, 4% to Solana, and the remaining 10% to other assets. Bernstein analysts believe: "A realistic path may be for the U.S. government to persuade Congress to accept Bitcoin as a new form of digital gold/global store of value and to conduct a gold re-evaluation/gold reserve reallocation."

ChainCatcher news, according to The Block, investment bank TD Cowen expressed caution regarding the "crypto strategic reserve" plan announced by U.S. President Trump on Sunday, stating that the plan lacks coordination and does not clarify the source of funding.The TD Cowen Washington research team noted in a report released on Monday: "We advise against overreacting to this social media post. The initial version did not even include Bitcoin and Ethereum in the reserve scope, indicating that the plan has not been fully coordinated." The research team also emphasized that Trump did not discuss how the government would acquire funds to purchase these tokens, raising questions about the feasibility of the plan.Meanwhile, the White House's first cryptocurrency summit is scheduled for this Friday, hosted by crypto mogul David Sacks, with Trump set to speak, and key industry figures and investors expected to attend. TD Cowen stated: "This summit is important and will reveal how the Trump team intends to advance legislation on stablecoins and the structure of the crypto market."

ChainCatcher message, dYdX has voted to approve the proposal to set the default funding rate for some independent markets at 0.00125% per hour, with a support rate of 95.51%.

ChainCatcher news, according to FFNews, the crypto lending platform Lantern Finance announced the completion of a $1 million Pre-Seed funding round, with participation from Orange DAO, Supermoon Ventures, Andover Ventures, and others. The new funds will support the development of its next-generation cryptocurrency lending platform, allowing users to borrow against digital assets and deposit funds directly into bank accounts.

ChainCatcher news, the Bitcoin ecosystem stablecoin project Aegis announced the completion of a $2 million Pre-Seed round of financing, led by Dewhales Capital, with Profluent Ventures and a group of angel investors participating. The new funds will be used to support the development of its Bitcoin-backed stablecoin YUSD, which maintains stability by establishing delta-neutral positions and selling perpetual contracts with BTC margin equal to its Bitcoin exposure.

ChainCatcher news, according to The Block, ZKP technology startup Ligero has completed a $4 million seed round financing. This round was co-led by Galaxy Ventures and 1kx, with participation from Franklin Templeton, Nascent, Anagram, Robot Ventures, Digital Currency Group, and ZKV.The company began this round of financing in March 2024 and concluded it in July 2024. The structure of the seed round financing is a simple agreement for future equity (SAFE), accompanied by token warrants, with a valuation cap of $20 million. There are currently no plans to launch a token.According to the Web3 asset data platform RootData, Ligero is a lightweight and scalable protocol for secure multi-party computation (MPC) and zero-knowledge proofs (ZKP).

ChainCatcher news, according to Fortune, the gift card crypto platform Raise announced the completion of a $63 million financing round, led by Haun Ventures, with participation from Paper Ventures, Selini Capital, GSR, and Solana co-founder Raj Gokal. The company declined to disclose the valuation of this financing round.

ChainCatcher news, according to the official announcement, Binance will resume the funding fee settlement frequency for the BANUSDT U perpetual contract on February 26, 2025, at 12:00 PM (Beijing time). The funding fee settlement frequency will be adjusted from every two hours to every four hours, specifically at 12:00 PM, 4:00 PM, 8:00 PM, and 12:00 AM the next day (Beijing time).This adjustment is a further optimization measure following Binance's adjustments on February 12, 2025, regarding the leverage, maintenance margin tiers, and funding fee settlement frequency for the BANUSDT U perpetual contract. This adjustment will affect all users trading the BANUSDT U perpetual contract.

ChainCatcher message, regarding the community's concern about "how to resolve the $50 million stolen funds gap," Infini founder Christian responded in a post on platform X: "Currently, we are conducting a compliant USD OTC of $20 million, which should be credited over the weekend. Along with the existing $5 million already in the custody wallet, this is sufficient to meet all withdrawal demands and more. The remaining funds, about $20 million, are deposits from family, elders, and friends, and we have already communicated about this; it will be resolved directly off-chain."

ChainCatcher message, according to the official announcement, Binance contracts will adjust the funding fee settlement frequency for the BANUSDT U perpetual contract on February 24, 2025, at 16:00 (UTC+8). The funding fee settlement frequency will be changed from once every four hours to once every two hours.

ChainCatcher message, according to on-chain analyst @ai_9684xtpa's monitoring, the funding rate for Binance's $ENA contract has soared to 2.5 per thousand. Under the condition that the rate remains unchanged, shorting $10,000 requires a funding fee of $25 every 4 hours, and significant fluctuations are expected at the 12 o'clock settlement. Based on historical funding rates, at 4 AM today, ENA started a strong rebound, and the rate rose to 3.2 per thousand, with a trading volume of $876 million in the last 24 hours.ENA and Bybit have a deep cooperative relationship, with 21% of USDe executing delta-neutral hedging strategies on Bybit. After the theft at Bybit, ENA briefly dropped by 11%, and USDe also experienced a slight discount. However, after Bybit promised compensation and ENA informed that "all spot assets supporting USDe are held in custody solutions outside the exchange," the price has gradually rebounded (lowest $0.4078, current price $0.453).

ChainCatcher message, zkLend announced a compensation plan. Deposits in unaffected pools are expected to receive full refunds, while deposits in affected pools will receive partial refunds and zkLend will restore the claims positions of the pools, with the withdrawal process expected to begin within 2 weeks after the review of the claims portal.Repayments will be fully covered by the available liquidity in each unaffected pool. If there is a shortfall in any unaffected pool (due to relatively high utilization), the remaining liquidity from other unaffected pools will be used to cover the shortfall. All accumulated surpluses from unaffected funds will be liquidated and proportionally distributed to each affected fund, with partial repayments being made based on the remaining liquidity of each fund plus such redistributed (socialized) surpluses proportionally.zkLend stated that after team contributions, the total funding gap has been reduced to approximately $9,013,101.72323417.

ChainCatcher news, according to Crypto Briefing, AI infrastructure startup ClustroAI, supported by NVIDIA, has completed a $12 million Series A funding round, led by Forum Ventures, with participation from MetaBlast, Metaverse Group, Bing Ventures, Sky Ventures, and others, bringing the total funding to $15 million.The funds will be used to advance the development of decentralized AI technology, enabling businesses to run AI directly on local and edge devices, thereby reducing reliance on cloud services and enhancing data privacy and cost efficiency.Additionally, the funds will be used to expand ClustroAI's edge AI solutions, including distributed AI computing architecture and improvements in AI operations and hardware compatibility.