ChainCatcher message, WEEX exchange announcement, from March 5, 00:00---01:08 (UTC+8) the ETH/USDT trading pair experienced abnormal K-line and execution delays. The reason is that some nodes of the trading server were deployed with a large number of trading pairs, and during the settlement of funding fees, nodes needed to process the funding fee calculations for all trading pairs simultaneously within 1 second, leading to a sudden increase in memory usage, which caused the anomalies.After the incident, WEEX immediately optimized the funding fee settlement logic, implemented staggered processing for settlements, and expanded and sharded the nodes to distribute the load of trading pairs across multiple nodes, while also conducting a thorough inspection of similar weak points.Following this failure, WEEX completed problem identification within 15 minutes, repairs within 25 minutes, and issued an announcement within 45 minutes, committing to a 100% full compensation, and initially allocated 10 million USDT for compensation. In addition to full compensation, WEEX will also distribute a total of 1 million WXT and 1 million USDT experience funds to affected users and new registered trading users before March 8, 23:59 (UTC+8).Furthermore, WEEX has launched the "ETH 8U Purchase" event with a total prize pool of 88 ETH. New users who recharge ≥ 8 U before March 9, 23:59 (UTC+8), and old users who had trading records from March 4 to 5 and whose daily contract trading volume is ≥ 5,000 USDT during the "ETH 8U Purchase" event can randomly share 11 ETH daily.

ChainCatcher news, according to Decrypt, global fiat on-ramp and off-ramp service provider Transak has obtained Digital Currency Exchange (DCE) registration from the Australian Transaction Reports and Analysis Centre (AUSTRAC), allowing it to operate as a fully compliant exchange in Australia.

According to ChainCatcher news, Binance Customer Support stated that the limit order function for the RED/USDT pre-market trading pair experienced a malfunction from 11:39 to 12:09 on March 6 (UTC+8), while the market order function remained operational during this period. Binance stated that they immediately fixed the issue upon discovery and apologized for the inconvenience caused to users.Binance promised that users who incurred losses due to this system issue could directly contact Binance customer support for feedback, and after verification, they would receive appropriate compensation.

ChainCatcher news, according to the announcement from WEEX exchange, with the recent surge in platform user numbers and trading volume, from March 5, 00:00 --- 01:08 (UTC+8), WEEX experienced high concurrent trading requests during the funding rate settlement period, leading to abnormal load on some shard nodes, resulting in matching delays for the ETH/USDT trading pair and anomalies in K-line data.Currently, the related issues have been fully resolved, and the platform is operating stably. WEEX has allocated a risk reserve of 10 million USDT to fully compensate affected users, fulfilling the commitment of "100% user asset security guarantee."In addition, the WEEX technical team has simultaneously initiated a review of the incident, focusing on optimizing distributed architecture and matching performance, increasing investment in technical performance, and further strengthening system stability and business capacity under extreme scenarios.

ChainCatcher news, according to on-chain analyst Ember (@EmberCN), the whale that received the most ETH from the Genesis Trading liquidation last year has sold 40,000 ETH (approximately 89.2 million USD) through over-the-counter trading in the past two days.The address transferred 30,000 ETH to Galaxy Digital and received 20 million USDC, and also transferred 10,000 ETH to FalconX and received 19.49 million USDC.This whale received 114,500 ETH (approximately 358 million USD) from the Genesis Trading liquidation last August, when the price of ETH was 3,128 USD. Currently, the price of ETH has dropped by about 30% compared to that time.

ChainCatcher news, according to Cointelegraph, the cross-chain asset exchange protocol THORChain has processed over $5.4 billion in transaction volume since Bybit suffered a $1.4 billion hack, generating approximately $5.5 million in revenue for the platform.According to data from the THORChain explorer, on the day following the hack of Bybit, THORChain processed over $1 billion in exchange transaction volume, generating more than $554,000 in total revenue that day alone.Despite achieving this revenue milestone, THORChain has faced scrutiny for its role in the illegal transfer of funds.

ChainCatcher news, Moroccan authorities are cracking down on real estate transactions involving cryptocurrencies. Officials suspect that some individuals are using digital assets to circumvent foreign property purchase regulations. High-value real estate transactions have become a focus of scrutiny, and international companies working with Moroccan agents are also under investigation. Authorities are simultaneously investigating the role of anonymous cryptocurrency exchanges in these transactions.The Central Bank of Morocco is shifting towards cryptocurrency regulation, trying to strike a balance between protection and innovation, but current regulatory efforts have noticeably intensified.

ChainCatcher news, according to Onchain Lens monitoring, about 30 minutes ago, 5 million TRUMP tokens were transferred from an unknown address to the cryptocurrency exchange Binance, amounting to as much as 61.4375 million USD. In response, Onchain Lens clarified in a post that the community need not worry, as this is just a transfer transaction between Binance's cold wallets and not a whale sell-off.

ChainCatcher news, according to official information, OKX has now launched the "Contract Martingale Compensation Voucher Carnival Season" event. The event runs from March 3, 2025, 16:00 (UTC+8) to March 17, 16:00 (UTC+8). New users can receive a 10 USDT compensation voucher, with a total prize pool of up to 50,000 USDT, and each user can claim it once.It is reported that for new users of the OKX contract Martingale strategy, according to the event requirements, they must first create any Martingale strategy for SOL/USDT, BTC/USDT, or ETH/USDT and keep the strategy parameters unchanged. If the strategy ultimately does not make a profit, OKX will compensate the losses based on the valid compensation voucher amount. Users must create the strategy within 8 hours of receiving the compensation voucher, otherwise, the voucher will automatically expire and return to the prize pool, and the user will not be able to claim the compensation voucher again.

ChainCatcher message, regarding the community project claiming "to have discovered a security vulnerability in the four.meme platform," the official response from four.meme stated: "The platform has no security vulnerabilities; the related transactions are internal balancing actions of the platform."

ChainCatcher news, according to the official announcement from Base, Base has launched several new technologies aimed at enhancing on-chain transaction speed, scalability, and user experience. Among them, the Flashblocks technology has gone live on the Base Sepolia testnet, reducing block confirmation time from 2 seconds to 200 milliseconds, making it the fastest EVM chain.In addition, Base has also introduced Base Appchains (L3 chains), providing dedicated block space for high-traffic applications to improve scalability. At the same time, Base has introduced Smart Wallet Sub Accounts to optimize user experience, reduce the number of transaction signatures, and provide a more secure account management method. Base plans to launch Flashblocks and Sub Accounts on the mainnet in Q2.

ChainCatcher news, according to CoinDesk, the cryptocurrency exchange platform BitMEX is seeking to sell and has hired boutique investment bank Broadhaven Capital Partners to assist with the sales process at the end of last year. BitMEX, established in 2014, is known for launching perpetual contract trading. Sources reveal that the exchange is looking for buyers, which is expected to spark interest in mergers and acquisitions in the industry.Currently, the crypto derivatives market is actively consolidating, with Kraken and Coinbase competing to acquire Deribit, while FalconX has acquired Arbelos Markets to expand its derivatives business. BitMEX was charged in 2020 for insufficient anti-money laundering measures and subsequently pleaded guilty. Co-founders Arthur Hayes, Ben Delo, and Samuel Reed later resigned.

ChainCatcher news, Mask Network founder Suji Yan posted, "Today is my 29th birthday, just passed 6 hours ago. About 3 hours ago, a public wallet I carried on my phone was hacked, and over 4 million dollars worth of assets were stolen. All the stolen transactions seem to have been done manually and lasted for over 11 minutes.So, either my private key was leaked on my birthday, and the hacker transferred the funds manually, or it was an offline attack. I was having a private gathering with a group of friends, and my phone was set aside; I left it for a few minutes when I occasionally went to the bathroom. I trust my friends, but this is a nightmare for anyone.I have contacted SlowMist and Zachxbt for assistance in the investigation and am cooperating with relevant agencies and law enforcement. I will not disclose more information until the results from these experts are available.I hope that if this was an offline attack, you will face me directly. Cryptocurrency is not a dark forest, and I will not let it become that."

ChainCatcher news, according to the official X account of Monad, the Monad testnet has surpassed 100 million transactions within just one week of its launch.

ChainCatcher message, Coinbase Support tweeted that some customers reported experiencing delays in Retail, exchange, and advanced trading, as well as pending payments stagnation. The team has implemented a fix and is monitoring the results of the fix.

ChainCatcher news, according to Cointelegraph, MetaMask is partnering with payment provider Transak to expand its fiat deposit and withdrawal services, adding support for 10 networks: Arbitrum mainnet, Avalanche C-Chain mainnet, Base, BNB Chain, Celo, Fantom, Moonbeam, Moonriver, Optimism, and Polygon.

According to ChainCatcher news reported by Decrypt, U.S. Senator Dick Durbin from Illinois has proposed the "Cryptocurrency ATM Anti-Fraud Act," aimed at curbing the growing problem of cryptocurrency ATM scams. The bill proposes to set a daily transaction limit of $2,000 and a $10,000 limit within 14 days for new users, and requires operators to directly contact and verify users when transactions exceed $500 to prevent fraud. Additionally, the bill stipulates that operators must provide full refunds to victims of fraud reported within 30 days.Durbin emphasized that the bill is a "common-sense safeguard" to prevent scams and protect the financial security of the elderly. According to data from the Federal Trade Commission (FTC), losses from scams involving cryptocurrency ATMs have exceeded $110 million in 2023, nearly a tenfold increase compared to 2020.

ChainCatcher message reports that, according to Scam Sniffer monitoring, a user lost $763,600 due to a transaction record pollution attack. The attacker used a forged address that matched the first 4 characters and the last 6 characters of the real address, causing the victim to mistakenly copy the wrong address and transfer funds.