ChainCatcher news, according to Blockworks, in light of the recent $13 million attack on Hyperliquid, some members of the Solana community have raised questions about whether Jupiter's JLP risk pool has similar vulnerabilities. In response, analysts believe that Jupiter has structural defense mechanisms that make it unlikely to face similar attacks.First, Jupiter only supports mainstream assets with ample liquidity, such as SOL, ETH, and wBTC, while Hyperliquid allows trading of tokens with lower liquidity (like JELLY), making it more susceptible to manipulation. Secondly, Hyperliquid relies on an internal order book for matching, allowing attackers to manipulate prices using limit orders, whereas Jupiter uses external oracles like Pyth to provide prices, making it difficult to influence market prices through a single platform.Additionally, Jupiter implements strict risk control mechanisms, with all trades directly undertaken by JLP, without involving secondary risk pools or human intervention, ensuring the stability of trade execution. Although JLP still needs to address risks such as market unilateral trends, it balances pool risks through dynamic adjustments of borrowing rates.

ChainCatcher message, according to Hyperliquid's announcement, due to the abnormal trading event in the JELLY market, users holding long positions in JELLY will be compensated at a price of 0.037555 upon settlement. This compensation benefits all JELLY traders except for the marked addresses. Event review:A trader self-executed a JELLY position worth 4 million USDC at a price of 0.0095.Subsequently, the JELLY price rose more than 4 times, triggering HLP to buy back and liquidate the position, resulting in a loss of value for the HLP account.Although the 4 million USDC position did not exceed the dynamic open interest (OI) limit, it failed to prevent further opening of positions after triggering the automatic limit.The key issue was that after HLP took over the position, it shared collateral with other strategy components, which did not trigger automatic deleveraging (ADL).Hyperliquid has strengthened risk management, including:HLP Liquidator Management: Setting stricter account value limits, reducing rebalancing frequency, and introducing more complex buyback liquidation logic. If the Liquidator's losses exceed the threshold, it will trigger ADL instead of automatically using collateral from other components.Dynamic Adjustment of OI Limits: The open interest limit will be dynamically adjusted based on market capitalization.Asset Delisting Mechanism: Validators will vote on-chain to delist assets that fall below the threshold.Hyperliquid is committed to continuously optimizing the system and enhancing risk prevention capabilities.

ChainCatcher news, Pump.fun co-founder Alon responded during a podcast when asked about the competitive relationship with Radium's upcoming Launch Lab platform: "We are not afraid of any form of competition. This is not a dispute, but part of the business effort to provide the best products for users. In fact, many innovative platforms in the Ethereum ecosystem and other areas have borrowed some ideas from Pump.fun and iterated on them."Alon believes that multiple different niches will inevitably emerge, and these markets will require their own mechanisms to meet demand. This is an inevitable trend in the industry's development. "As a protocol, Pump.fun aims to be as universal as possible while covering more niches. But we also understand that we cannot cover all markets. Therefore, I look forward to seeing new mechanisms proposed by other teams. If any of them achieve great success, we would be happy to explore the possibility of collaboration."

ChainCatcher message, Slow Mist's Yu Xian disclosed that the phishing technique of poisoning addresses with similar starting and ending numbers is still widespread, severely impacting the security infrastructure of the blockchain industry.Yu Xian pointed out that this type of poisoning targeting wallet transaction history mainly involves various techniques, including fake token contract codes emitting false event logs to deceive block explorers and wallets, as well as using zero-amount transfer event logs to arbitrarily fill in addresses in the from/to fields. These techniques can mislead users into believing that the transactions are from their own actions. Other common techniques include sending small amounts of funds from source addresses with the same starting and ending characters, combining clipboard hijacking technology, and impersonating well-known decentralized exchanges to output false event logs.Yu Xian recommends that users make good use of wallet whitelisting mechanisms, carefully verify complete addresses, and combine well-known hardware wallets for dual verification as defensive measures.Previously reported, two addresses suffered "transaction history pollution attacks" in the past 14 hours, resulting in a total loss of over $140,000.

ChainCatcher news, according to official information, OKX has officially launched "OKX Protect," fully disclosing its product security mechanisms. This page publicizes OKX's systematic product security mechanisms, including multi-party audits, AI monitoring, Proof of Reserves (POR), self-custody, 24/7 expert support, regulatory compliance, a network defense team, and a bug bounty program. Additionally, it provides common security tips and scam cases to further enhance user security education. The launch of "OKX Protect" not only strengthens the platform's self-supervision but also promotes healthy industry development and a new level of security.

ChainCatcher news, Bybit CEO Ben Zhou posted on the X platform that the large-scale liquidation of ETH by whales with 50x leverage on Hyperliquid essentially utilized the platform's liquidation engine to exit. CEX also faces the same challenges; when whales are liquidated, the CEX liquidation engine also takes over positions. Reducing the overall leverage ratio is one method and may be the most effective one, but doing so can harm the business, as users always want to achieve higher leverage. Additionally, while deploying tools like dynamic risk limit mechanisms can be considered—such as reducing the total leverage ratio based on the total position size as the position grows—this won't fundamentally solve the problem if users utilize multiple accounts.If DEXs wish to provide high leverage services in the long term and avoid situations similar to the 50x leverage whales utilizing the platform's liquidation engine to exit on Hyperliquid, they may need to attempt CEX-level risk management, such as market monitoring to identify abusers and market manipulators. It will be interesting to follow the developments of this matter, as it may drive innovation in liquidation mechanisms.

ChainCatcher news, Fox reporter Eleanor Terrett posted on X that Trump's executive order establishes two distinct digital asset storage mechanisms:Strategic Reserve that only stores Bitcoin (BTC): regarded as the best value storage digital asset.Initial funding source: approximately 200,000 Bitcoins obtained by the government over the years through criminal and civil forfeiture;Unique authorization: Treasury Secretary Bessent and Commerce Secretary Lutnick are authorized to explore ways to acquire more Bitcoins without increasing the taxpayer burden.Digital Asset Stockpile that includes other digital assets besides Bitcoin: may include XRP, ADA, ETH, SOL, and other assets.The Treasury is responsible for the "responsible management" of the digital assets held by the government;The government will only explore budget-neutral ways to purchase more Bitcoins and will not actively seek to increase the quantity of other digital assets in the stockpile;The executive order also requires a comprehensive audit of all digital assets currently held by the government to ensure asset management transparency.

ChainCatcher message, Ethereum co-founder Vitalik Buterin reminds that many users' losses of crypto assets are not due to theft, but rather due to software vulnerabilities, forgotten passwords, lost devices, accidental damage to paper wallets, and other reasons.He pointed out that since there are no attackers to hold accountable, many victims are ashamed to discuss these losses, but in reality, such incidents occur frequently. Vitalik emphasized that the security solutions for crypto wallets should also consider the issue of asset loss and called for the promotion of social recovery mechanisms to reduce permanent losses of assets due to personal errors.

ChainCatcher news, Starknet has announced its decentralized roadmap for 2025, aiming to become the first fully decentralized Layer 2 (L2) that scales Ethereum on a large scale. The plan focuses on staking mechanisms, decentralized operation, and governance independence.Staking: Starknet will launch the first phase of staking (Staking v1) in November 2024, with over 170 million STRK currently staked by 63,000 delegators and 106 validators. Staking v2 to v4 will be rolled out in phases in 2025, ultimately achieving full responsibility for network security and block validation by validators.Decentralized Operation: Starknet will gradually migrate from the existing architecture to fully open-source Apollo sequencers and Stwo provers, with plans to launch a distributed consensus layer on the mainnet by the end of 2025, where validators will participate in block voting to achieve decentralized operation.Governance Independence: The Starknet Security Council will further promote decentralized governance of core contracts while enhancing the network's censorship resistance.Meanwhile, the latest version of Starknet, v0.13.4, has been launched on the testnet, bringing optimizations such as state compression, fixed L2 gas prices, and Cairo-native performance improvements, with plans to go live on the mainnet between March 17 and 24. Future version v0.14.0 will also introduce 2-second block times, more efficient sequencers, and improved fee markets.

ChainCatcher news, according to official Aave announcements, the Aave v3.3 version upgrade developed by BGD Labs has officially launched. This upgrade mainly optimizes the bad debt handling and liquidation mechanism, paving the way for the upcoming Umbrella security system.The Umbrella system will replace the existing Safety Module, introducing an automated mechanism that allows users to stake aTokens to earn rewards while absorbing protocol bad debts without the need for governance voting intervention. This system is only open to users without borrowing positions, aiming to enhance the protocol's security, especially to better protect user assets from the impact of bad debts during market volatility.

ChainCatcher news, during the "Trends and Rhythms of the New Web3 Cycle" event held at Consensus HK, UFLY Labs Investment Partner & UXLINK co-founder Neal, BrickBank founder & CEO Jeffrey, GOAT Network growth lead Annie, SevenX Ventures investor Yinghao, and Hashkey Capital investor Rui shared insights in a roundtable discussion on the theme of "New Trends in 2025."Regarding the direction of the current market, Annie believes it is difficult to apply the experiences of previous cycles and cannot draw simple conclusions, but she is relatively pessimistic at the moment; Yinghao predicts that the market will be very differentiated, with Bitcoin, Ethereum, and Solana having their own independent trends; Neal thinks this bull market is more influenced by macro factors than any previous cycle and advises investors to pay more attention to macro trends. Jeffrey believes that besides macro factors, there are also signs of large-scale applications in the industry, indicating that the industry is progressing. Rui states that where there is volatility, there are opportunities, and the discussion of whether a bull market exists is not very meaningful.In an uncertain market, what key areas should be focused on? Rui believes that new content will certainly emerge and suggests paying attention to mechanisms that are more competitive and complex. Jeffrey recommends looking for directions with a profit-making effect and then finding targets within that direction. Neal indicates he will heavily invest in AI; besides AI and memes, Annie is also focused on RWA. Yinghao is interested in new assets and new asset issuance methods.

ChainCatcher news, MetYa COO and co-founder Christy shared MetYa's innovative vision and development direction at the Wave2025 roundtable.Christy emphasized that MetYa achieves personalized matching through an innovative AI Agent model and provides real-time translation across languages, breaking down language barriers and facilitating seamless interaction among global users. MetYa's goal is to enable users to gain economic rewards through social interactions via a decentralized economic model, thus promoting the popularity and development of Web3 social platforms.Currently, MetYa has launched a Mini App in the TON ecosystem, with over 500,000 monthly active users, and plans to expand to 10 million in the future. MetYa's native token MET successfully completed its TGE in January 2025, with stable market performance.Looking ahead, Christy stated that MetYa will continue to expand its decentralized social network, launching more new features such as live streaming and video social, further enhancing user experience. At the same time, MetYa will strengthen cooperation with the Web3 ecosystem, advancing cross-chain technology and diversified economic incentive mechanisms to enhance the platform's sustainability and attractiveness.

ChainCatcher news, according to The Block, Matter Labs co-founder and CEO Alex Gluchowski stated that he expects the ZKsync community to begin discussions on optimizing the ZKsync token in the near future and will add more features, such as a value accumulation mechanism, while the interoperability between ZK-based blockchain networks opens up a new dimension for its implementation.

ChainCatcher news, the Financial Supervisory Service (FSS) of South Korea convened a meeting with the CEOs of cryptocurrency exchanges and representatives from DAXA to discuss the recent frequent system failures and response plans. The FSS urged the industry to establish unified standards and create a reasonable compensation mechanism to protect user rights.Regulators pointed out that factors such as the rise of the Trump administration in the United States have heightened market expectations for crypto assets, making the stability of exchanges particularly critical. However, several exchanges have recently experienced system failures, leading to trading interruptions, causing user losses, and exacerbating the crisis of trust in the market.

ChainCatcher message, message, ai16z founder Shaw stated that the HackMD team proposed a discussion proposal regarding the upgrade of the ai16z token economic model, which includes the following key points:Launch the official ai16z Launchpad platform for the Eliza-based agent project in Q1 2025, which will be achieved by acquiring existing market technology teams. It is suggested that the platform charge a certain percentage of the launch fee for the purpose of repurchasing ai16z and establishing an ai16z token liquidity pool;Implement community management processes, which may involve staking and reductions;Position ai16z as an AI L1 blockchain.Incentivize developers to build on Eliza through ecosystem funds, revenue sharing, and support for third-party launch pads;Diversify DAO funds while avoiding the sale of agent tokens, selectively providing liquidity, and supporting staking.

ChainCatcher message, Cobo co-founder and CEO Shen Yu commented on the theft incident involving Radiant Capital, stating that the measures the industry can currently take against this complex attack are:Project teams and security companies should conduct detailed inspections of high-privilege sensitive contracts, first setting a time lock (even a short time lock of 10 minutes can effectively mitigate attacks), and adding an automated monitoring and alert mechanism.First, obtain and parse the information to be signed from the hardware wallet via the app, providing a temporary mitigation for the blind signing issue of the hardware wallet.Integrate the parsing function for complex transactions within the hardware wallet to enhance transaction transparency and security.

ChainCatcher news, Pyth announced the launch of the upgraded Oracle Integrity Staking (OIS), aimed at enhancing the reliability of data sources and the security of the DeFi ecosystem.OIS incentivizes publishers and PYTH holders to participate in staking by introducing on-chain staking rewards and penalty mechanisms, ensuring the security of the oracle network. Publishers can earn rewards by providing high-quality data, and if the data is incorrect, they will face penalties.In addition, PYTH holders can stake and delegate to publishers to enhance their returns. The Pyth DAO will be responsible for overseeing key updates and parameters of OIS.