ChainCatcher news, according to The Block, NFT brand Yuga Labs announced on February 14 that it will sell the Meebits NFT series and its related intellectual property to the newly established Meebit Company (MeebCo).MeebCo plans to expand the Meebits series content, enhance community engagement, and launch new merchandise. Meebits has introduced a trading rewards program called Bits, and the royalties generated on the OpenSea platform will be distributed between the MeebCo team and project development.Yuga Labs stated that it will focus on the development of the Bored Ape Yacht Club NFT brand and the Otherside metaverse project, but Meebits will still maintain an important position within Otherside.

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 a memo from the SEC, on February 5, 2025, staff from the crypto special action group met with representatives from Jito Labs and Multicoin Capital Management. The topics discussed by both parties were ways to address issues related to the regulation of crypto assets.Representatives from Jito Labs and Multicoin Capital Management provided accompanying documents that were discussed during the meeting. The accompanying documents indicated that the participants expected to discuss two main topics during the meeting: the ability to incorporate staking as a feature of ETPs; and potential models for staking in certain crypto asset ETPs.

ChainCatcher news, the emerging Web3 fund UFLY Labs has become a sponsor of the Consensus HK conference and will participate in multiple themed events.The founding team of UFLY Labs consists of successful entrepreneurs and professional investors. Their rich entrepreneurial experience and deep understanding of technological innovation enable UFLY Labs to provide portfolio projects with not only financial support but also strategic guidance, resource connections, and industry insights.Fund founders Sean and Neal stated that although the current market is sluggish, UFLY Labs is still actively positioning itself and focusing on AI and PayFi-related fields. The fund's investment scope covers the globe, with a particular focus on regions with active technological innovation such as North America, Europe, and Asia, while also enhancing the application of AI technology. By integrating with AI technologies like DeepSeek, they aim to further improve the scientific and precise nature of investment decisions.UFLY Labs will host a unique invitation-only dinner for founders on February 19, 2025, at 18:00 in Hong Kong—"UFLY Labs Founders' Night." This event will bring together innovative projects and investment institutions from various fields such as Infra, AI, BTCfi, Payfi, and Defi, aiming to promote deep cooperation and communication within the Web3 ecosystem.

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, according to Chainwire, the innovative department of the crypto trading platform BingX, BingX Labs, has invested $10 million in the cross-chain liquidity infrastructure StakeStone to accelerate the development of cross-chain liquidity staking and StakingFi applications.As part of this collaboration, the $10 million fund will support the development of the StakeStone ecosystem, and both parties will explore innovative growth directions, including cross-chain asset protocols and StakingFi product integration, while expanding the practical applications of cross-chain staking technology.

ChainCatcher news, the innovation department of the cryptocurrency exchange BingX, BingX Labs, has provided $10 million in funding to the cross-chain liquidity infrastructure StakeStone to accelerate the development of cross-chain liquidity staking and StakingFi applications. As part of this collaboration, the $10 million fund will support the development of the StakeStone ecosystem, and both parties will explore innovative growth directions, including cross-chain asset protocols and StakingFi product integration, while expanding the practical applications of cross-chain staking technology.

ChainCatcher news, Conflux Network co-founder and former CTO Ming Wu joins decentralized AI development 0G Labs as Chief Technology Officer.

ChainCatcher news, according to The Block, Offchain Labs has launched the Arbitrum BoLD protocol on the mainnet to enable permissionless validation. After being approved by governance voting, BoLD is now in use on the Arbitrum chain, One, and Nova.The system replaces the previously whitelisted validators with a permissionless mechanism, allowing anyone interested in network security to participate.

ChainCatcher news, according to Chainwire, Web3 investor and market maker DWF Labs has announced an investment in Bidask Protocol to enhance trading on the TON chain, with the specific investment amount not yet disclosed.For Bidask Protocol, this collaboration not only represents a significant financial investment but also an opportunity to integrate DWF Labs as a potential market maker for the platform.

ChainCatcher news, according to the announcement from Huobi HTX, Huobi HTX has opened the deposit service for AVL on February 12 at 18:45 (GMT+8). The AVL/USDT spot trading has been opened on February 12 at 19:30 (GMT+8). The withdrawal service for AVL will be opened on February 13 at 19:30 (GMT+8).It is reported that Avalon Labs is committed to building an on-chain financial center based on Bitcoin, providing various innovative solutions, including BTC collateralized lending, Bitcoin-backed stablecoins, interest-bearing accounts, and even credit card services. Its goal is to create a financial network with high scalability, transparency, and accessibility, helping Bitcoin holders fully leverage the potential of Bitcoin as an economic asset. AVL is the governance token of the Avalon Labs ecosystem.

ChainCatcher news, according to Cointelegraph, Avalon Labs is actively exploring the application to the U.S. Securities and Exchange Commission (SEC) for the industry's first Bitcoin collateralized debt obligation (CDO) listed fund, aiming to promote the compliance and popularization of Bitcoin financial products. Avalon Labs stated that this initiative is expected to lower the barriers for Bitcoin financial products to enter the mass market, providing a new pathway for the crypto industry to move towards the mainstream financial system.The co-founder of Avalon Labs successfully issued a dollar-denominated CDO listed fund approved by the SEC in 2021 and has since researched the feasibility of crypto companies issuing listed funds for several years. Avalon Labs indicated that it plans to collaborate with top U.S. law firms to assess the compliance framework for the fund and prepare the relevant application materials. If everything goes smoothly, the fund is expected to become an important milestone for Bitcoin financial products entering the traditional capital market, further promoting the development of crypto assets within a compliant framework.

ChainCatcher news, Web3 development studio Mirai Labs has completed a $4 million seed round financing, led by Mechanism Capital, with participation from Oak Grove Ventures, Sophon Capital, Selini Capital, Bitscale Capital, Manifold, Rubik Capital, Protagonist, and Lhava.The company plans to use the new funding to strengthen its engineering team specializing in artificial intelligence, machine learning, and the programming language Rust. Additionally, it will soon publicly launch Partnr Vaults.Mirai Labs is developing a crypto-focused AI agent product called Partnr. Partnr allows AI agents to perform consumer-facing crypto tasks, such as managing wallets and understanding user needs over time. Partnr can connect trainable AI agents with consumers through Partnr Chat and enable vaults for consumers via Partnr Vaults, as well as enable on-chain execution capabilities for AI agents.

ChainCatcher news, Uniswap Labs CEO Hayden Adams posted on the X platform that Unichain is an L2 designed specifically for DeFi, with more new improvements set to be launched in the coming months and year to accelerate the scaling of the Unichain blockchain, including:Flashblocks------a block builder in collaboration with Flashbots that reduces block time from 1 second to 0.25 seconds, allowing most MEV to be returned to users and providing additional transparency and decentralization for transaction ordering/prioritization;Seamless Interoperability------in partnership with Optimism, the goal is to make Unichain a pioneer in driving the development of interoperable L2s;Unichain Verification Network------plans to continue promoting L2 decentralization through UVN, adding an extra layer of economic security and validation through staking on top of the sequencer.

ChainCatcher news, according to official sources, Uniswap Labs announced that the Layer2 network Unichain mainnet is now live, allowing users and developers to build and use a DeFi application and tool ecosystem on Unichain.Nearly 100 crypto products and protocols, including Uniswap, Circle, Coinbase, Lido, and Morpho, have already been built on Unichain—many of which are live today, with more to come in the coming weeks.

ChainCatcher news, Sonic Labs founder Andre Cronje recently posted on X criticizing the handling of profits by Ethereum L2 solutions and the potential inconsistency with Ethereum's decentralization principles, "I don't understand how Ethereum users convince themselves. L2 is the reason for Ethereum's inflation again."The focus of this debate is on two competing visions for Ethereum's scalability. Critics argue that L2 generates substantial revenue but only returns a small portion of data availability and security to Ethereum.Supporters of decentralized scaling, including Cronje, advocate for directly using solutions like Sonic to enhance Ethereum's base layer, reducing reliance on external L2 providers.CryptoQuant's research director Julio Moreno pointed out that Ethereum's supply has now exceeded pre-merge levels (September 2022), confirming that the network has returned to inflation. To address the inefficiencies of Ethereum L2 solutions, Cronje proposed leveraging Sonic's technology to bypass the limitations of centralized models.Previously, members of the Sonic Labs team publicly questioned the revenue flow of the Base sequencer, implying that the Base team was dumping ETH, to which members of the Base team responded with rebuttals.

ChainCatcher news, DWF Labs partner Andrei Grachev posted on the X platform that due to factors like Trump and memepads, market liquidity has been drained. Additionally, professional trading firms are not engaging in degen trading, but they have withdrawn stable assets and some blue-chip stocks from the market, leading to very low spot activity, which further harms liquidity. This is a phase of accumulation and redistribution that will ultimately lead to significant market volatility.Given the market's fragility, macro narratives could have a huge impact. We should expect that RWA, AI, finance, yield, and science-related assets have a great chance of rising. As a tokenized culture, memes will randomly surge and absorb the "degen" liquidity in the market; the most interesting year in the cryptocurrency space has just begun.

ChainCatcher news, DWF Labs announced on X that it has joined ZIGChain as a validator node and has staked 3 million ZIG in the current activity.Last April, it was reported that the decentralized social investment market Zignaly launched the Layer 1 blockchain ZIGChain and established a $100 million ecosystem fund.