ChainCatcher message, regarding "Morpho lost about $230,000 due to oracle configuration errors," Morpho responded in a post on X stating: "The protocol provides permissionless infrastructure, creating an open market for risk curation. While errors may occasionally occur in risk management, the underlying protocol remains secure and resilient. We will continue to equip curators with powerful tools to reduce the likelihood and impact of such occurrences."

ChainCatcher message, Mempool recently clarified some FUD on platform X: "The Mempool open-source project does not support 'ord' daemon integration, and mempool.space only displays data contained in the Bitcoin mempool, blockchain, and Lightning Network.This means that if users search for a transaction containing Ordinals, inscriptions, or runes, this data will be visible in mempool.space, just as it exists on the Bitcoin blockchain.We only support Bitcoin and do not support shitcoins, but if it is in the mempool or blockchain, it will be visible in mempool.space. Because displaying the blockchain (data) is essentially the role of a Bitcoin explorer."

ChainCatcher news, in response to crypto detective ZachXBT questioning why Neiro initially chose the notoriously poor-reputed Gotbit as a market maker, Neiro's CTO co-leader "S" stated that when Sun Yuchen's tweet announced its listing on HTX, there was actually only a few hours to find one, making time tight. The choice of Gotbit was partly because at that time the market maker offered a retention agreement, which was the most affordable option so far, and partly because the project viewed it as a quick solution for the HTX listing (the agreement with Gotbit was for 3 months), with plans to explore other options when the budget allowed. Additionally, there was a lack of judgment experience in the industry; although they had heard various bad things about Gotbit, they had also heard bad things about almost everyone in the industry, making it difficult to make a judgment."S" also stated: "I had not had direct contact with Gotbit before, so I chose to trust them and gave them a chance. Gotbit also marketed itself as a 'meme coin friendly' market maker, which seemed like an attractive proposition.""S" concluded: "But ultimately, I take full responsibility for this; I should have been more careful. I am deeply pained by this outcome and have paid a huge price for it. At the same time, it has given us a tremendous learning opportunity, forcing us to fundamentally improve the project by collaborating with better and more market makers to reduce counterparty risk and upgrade the market for Neiro trading."Previous news, on-chain detective ZachXBT stated that Neiro should perhaps explain to the community why they initially chose Gotbit, as their reputation has always been poor, and before the U.S. government accused them of fraud and market manipulation this week, there was substantial evidence indicating Gotbit's involvement in price manipulation.

The U.S. Securities and Exchange Commission (SEC) has sued Cumberland DRW, claiming it operates as an unregistered securities dealer. According to the SEC's filing, since March 2018, Cumberland has been trading crypto assets as securities for its proprietary accounts as an unregistered dealer.In response, Cumberland DRW announced on the X platform that the SEC believes some of our trades involving certain crypto assets are securities transactions. We took this step in 2019 by acquiring a registered broker-dealer. Until then—despite Chairman Gensler's calls to "come in and register"—we were only informed that we could trade BTC or ETH (both commodities, not under SEC jurisdiction) through our broker-dealer.Cumberland DRW stated that the SEC's action will not change its business operations or the assets it provides liquidity for. The court's allegations against DRW are "merely based on a 'flat earth' conviction." This time, the SEC's approach seems to be a game of "Catch-22," where the ability to "come in and register" is just a mirage. We are ready to defend ourselves again.

ChainCatcher news, according to Xinhua News Agency, the Central Committee of the Communist Party of China and the State Council issued opinions on implementing a priority employment strategy to promote high-quality and full employment. The opinions propose to prevent and resolve major risks. Establish and improve a statistical monitoring system for high-quality and full employment, establish an employment position survey system, and conduct assessments of high-quality and full employment in a timely manner. Improve the mechanism for preventing and resolving large-scale unemployment risks, strengthen monitoring and early warning, policy reserves, and emergency response. In areas with conditions, employment risk reserve funds may be established to properly respond to major risks in the employment sector. Actively respond to the impact of the rapid development of emerging technologies such as artificial intelligence on employment.

ChainCatcher news, according to Cointelegraph, Coinbase's Chief Legal Officer Paul Grewal responded to the recent FUD surrounding the user service terms of Coinbase's newly launched "Bitcoin Wrapped" product cbBTC, confirming that if the exchange loses the underlying Bitcoin, Coinbase will fully compensate customers. This clarification came after concerns were raised about a troubling clause in the cbBTC user agreement, which stated that if Bitcoin is lost due to malicious activity or unforeseen events, Coinbase would not fully compensate customers but would allocate compensation based on the remaining Bitcoin.In his statement, Paul Grewal confirmed that this policy limits the exchange's liability for external losses incurred due to complex trades and leveraged positions that customers may enter. For example, if a trader uses cbBTC as collateral on a lending platform and loses the underlying Bitcoin due to malicious activity leading to liquidation, Coinbase will fully compensate the lost Bitcoin but will not cover any costs or monetary losses incurred from the loan liquidation itself.

ChainCatcher news, the Telegram Bot project Banana Gun members announced: "We are investigating this issue, and the bot service is suspended."Previous news, some community members claimed that the Telegram trading bot project Banana Gun wallet was stolen for unknown reasons.

ChainCatcher news, Binance's Chinese official account posted on social media stating that a certain KOL (Vic TALK) community screenshot circulating in the Chinese community recently has sparked discussions about Binance's "insider trading." After official verification, it was ultimately confirmed to be a "false alarm," and the several coin listing information mentioned was based on speculative "winning rates," with the information sourced from a secondary trader, not insider information.The official stated that Binance attaches great importance to such issues. Any behavior involving leaks or corruption will be dealt with seriously once verified. Reports of any clues regarding coin listings or other forms of corruption are always welcome. After verification, if it involves Binance internal personnel, the official will provide a reward of $100,000 to $5,000,000 while protecting the whistleblower's personal information.

ChainCatcher news, Binance stated in a blog post that the WazirX platform operated by Zanmai reported that it suffered a cyber attack on July 18, 2024, resulting in user fund losses of approximately $235 million, and WazirX has been unable to fulfill customer withdrawal requests to date.Binance stated that Nischal Shetty, the main owner of Zettai, made some inaccurate statements regarding the ongoing disputes between Zettai and Binance. Shetty claimed that Binance might somehow be responsible for the losses suffered by WazirX users and creditors due to the cyber attack. Binance stated that this is incorrect, and any such claims are highly misleading. Binance stated that it has not acquired WazirX; although both parties signed a contract, the proposed transaction was never completed due to Zettai's failure to fulfill its obligations. Binance has never owned, controlled, or operated WazirX at any time, including before, during, or after the alleged hacking incident.Shetty stated that the outcome of the current dispute between Zettai and Binance could result in Binance owning WazirX, which would make Zettai's creditors creditors of Binance, meaning Binance would be responsible for WazirX users. In response, Binance believes this statement is incorrect, as Binance does not own or operate WazirX, is not a party to the agreement between WazirX and its users, does not hold any WazirX user funds, and bears no responsibility for the consequences of the cyber attack. Shetty's statements are inaccurate and misleading.

ChainCatcher message, Ethereum co-founder Vitalik Buterin responded to a Twitter user's suggestion that he stop selling ETH, stating: "Yesterday's ETH sale was initiated by a biodefense organization I funded, triggered by an automated CoW Swap TWAP order set up as early as August 29. This is the last order."It is reported that the time-weighted average price (TWAP) orders launched by the DEX aggregator CoW Swap allow traders to spread trades over a specified period to smooth out market price fluctuations and achieve an average market price position.

ChainCatcher news, Trump stated on Thursday local time that if he wins the election in November, he will establish a government efficiency committee led by Musk. This committee will develop an action plan to completely eliminate fraud and improper payments within six months. This will save the United States trillions of dollars while maintaining the level of government services. Musk wrote on X: "If given the opportunity, I look forward to serving America. No compensation, no title, no recognition." (Jinshi)

ChainCatcher news, according to The Block, Telegram founder and CEO Pavel Durov spoke out for the first time on the Telegram platform after being arrested in France. He not only denied the reasons for his arrest but also stated his readiness to exit markets that are incompatible with Telegram's principles.Durov emphasized, "If we cannot reach an agreement with the regulators of a country on the balance of privacy and security, we are ready to leave that country at any time. We have done this multiple times." He cited examples of Russia and Iran. "We are prepared to leave markets that are incompatible with our principles because we are not in it for the money. Our motivation is to bring benefits to people and defend fundamental rights, especially where those rights are being violated."Previously, it was reported that Durov was arrested at a Paris airport and subsequently charged by a French court. The charges include "aiding the dissemination of child sexual images and other crimes, such as drug trafficking on messaging applications." This arrest is part of a broader cybercrime investigation involving allegations that Telegram has facilitated money laundering, child pornography, and drug trafficking through its encrypted tools and services. French authorities have released Durov but required him to accept "judicial supervision," meaning the Telegram founder must remain in France.

ChainCatcher news, Solana Foundation Executive Director Dan Albert responded to concerns about the decentralization of the network. He stated that the ability to coordinate patches does not mean that the Solana network is centralized.On August 9, Solana validator nodes discovered a serious vulnerability and coordinated a fix behind the scenes to avoid a network crash. The distribution and coordination of the patches were conducted behind the scenes. Albert emphasized that this should not be confused with centralization. He pointed out that there are 1,500 block production nodes globally, operated by numerous individuals, and the patches are open source, maintaining the characteristics of network decentralization.

ChainCatcher news, Matrixport released a chart stating that Bitcoin is about to face its most challenging month, September. It noted that historically, the return rate in September has been negative. This year adds extra pressure, including the outlook for the U.S. tech industry following Nvidia's earnings forecast, the Federal Reserve's policy decisions, and the upcoming U.S. presidential election debate (with Harris facing Trump). This September will have a significant impact on Bitcoin's price movement. From 2022 until the second quarter of 2024, there has been a strong correlation between Nvidia and Bitcoin. However, recently, while the AI rebound has led to a surge in Nvidia's stock, Bitcoin has not kept pace. Both asset prices are breaking new lows, indicating an increase in consolidation depth. The market is about to respond to the U.S. employment data to be released on September 6.

ChainCatcher message, the global government affairs team of platform X issued a statement in response to "the Brazilian Supreme Court will suspend X's operations in the country before August 29":"Shortly, we expect Judge Alexandre de Moraes to order the shutdown of X in Brazil—simply because we will not comply with his illegal orders to censor his political opponents. These opponents include a formally elected senator and a 16-year-old girl, among others. When we tried to defend ourselves in court, Judge de Moraes threatened to imprison our Brazilian legal representative. Even after she resigned, he froze all her bank accounts. Our challenges to his obviously illegal actions have either been dismissed or ignored. The fundamental issue is that Judge de Moraes is asking us to violate Brazil's own laws.In the coming days, for the sake of transparency, we will publish all of Judge de Moraes's illegal demands as well as all relevant court documents. Unlike other social media and tech platforms, we will not secretly comply with illegal orders. For users in Brazil and around the world, X remains committed to protecting your freedom of speech."

ChainCatcher news, OKX CEO Star responded to questions about the OKX lending mechanism on the X platform.He stated:OKX's spot collateral borrowing is a C2C market between users, where OKX only provides a platform to help users with borrowing and earning needs to match.A 100% reserve is a fundamental responsibility of OKX. When the borrowing amount exceeds the deposit amount, the requirement for a 100% reserve will trigger the platform's automatic currency exchange mechanism.OKX has imposed a limit on the maximum borrowing amount, which cannot exceed 100%.Due to market activities of the Floki token, there was a large number of redemptions by depositors at that time, resulting in the borrowing amount exceeding 100%, which in turn triggered the automatic currency exchange.The OKX team will review the underlying design mechanism of the collateral borrowing platform to see if there are optimization solutions, and everyone is welcome to provide feedback.

ChainCatcher message, He Yi responded to the incident of restricting user accounts in the Palestinian region on X. He stated: "Only a few user accounts related to illegal funds have been banned from trading.As a global cryptocurrency trading platform, Binance, like other financial institutions, complies with internationally recognized anti-money laundering regulations. Binance will continue to educate users on how to trade safely and securely on the Binance platform.Most importantly, Binance hopes for lasting peace throughout the region."

ChainCatcher news, Mantle's PR head Igneus Terrenus responded on his social platform regarding the unlocking of platform tokens exchanged between Bybit and FTX. He stated that Bybit has never had CEX tokens. BIT is the governance token of BitDAO. The BIT held by Alameda is restricted from being transferred to MNT. Currently, both parties are undergoing legal proceedings.