ChainCatcher news, the Ethereum security protocol Drosera has completed a $3.25 million funding round, bringing the total funding to $4.75 million. This round was led by Greenfield Capital, with participation from Anagram, Paper Ventures, Arrington Capital, UDHC, Pulsar, and several angel investors including Jan Baeriswyl, Luke Hackett, Felix Lutsch, Max from DeFine Logic Labs, Diogo Costa, Yaroslav Pshenitsyn, Peter Kim, Mara Schmidt, Daniel from Swell Labs, Abhishek, Anuj Shankar, and Collin Myers.The funds raised by Drosera will be used to accelerate product development, recruit personnel, and prepare for the mainnet launch planned for the second quarter of 2024.According to RootData, Drosera is a decentralized event response protocol that leverages hidden security intentions to curb and mitigate vulnerability crises. It is an automated protocol that abstracts the complexity of creating monitoring systems and automated response capabilities for decentralized applications. Drosera provides a framework for creating and executing automated responses to events on the Ethereum network.

ChainCatcher news, Bitcoin liquidity protocol and stablecoin issuer Yala announced the launch of a new token YALA. YALA will provide various functions such as stable pool rewards and governance, gradually transitioning to a decentralized governance token. Yala allows users to pledge assets like Bitcoin through the CDP mechanism to issue YU stablecoins. Participants in its stable fund pool can deposit YU to absorb the debts of the liquidation vault, in return, they will receive YALA tokens as well as a portion of the liquidation collateral and stability fees.

ChainCatcher news, Base protocol head Jesse Pollak stated on social media, "I hope Coinbase can list as many tokens as possible, including those from Base and other networks.More launch projects, more potential stocks, more meme coins, more utility tokens, more cultural tokens, more DeFi tokens, more networks. Everything needs to be more. There is scarcity in the current model, and we need abundance. This is the highest priority.Regarding how to scale this: adopting a blacklist (rather than a whitelist) DEX integration, user ratings. But this takes time, and in the meantime, the Coinbase Assets team is also scaling and improving to list as many tokens as possible."

ChainCatcher news, Base protocol head Jesse Pollak stated on social media, "I hope Coinbase can list as many tokens as possible, including tokens from Base and other networks.More launch projects, more potential stocks, more meme coins, more utility tokens, more cultural tokens, more DeFi tokens, more networks. Everything needs to be more. There is scarcity in the current model, and we need abundance. This is the highest priority.Regarding how to expand this: adopting a blacklist system (instead of a whitelist system) for DEX integration, user reviews. But this takes time, and in the meantime, the Coinbase Assets team is also scaling up and improving to list as many tokens as possible."

ChainCatcher news, according to the official announcement, OKX will launch spot trading for Story Protocol (IP). The specific schedule is as follows: deposits will open on February 11 at 9:30 AM (UTC+8), a collective auction will take place from February 13 at 4 PM to 5 PM (UTC+8), and then spot trading for IP/USDT will be opened. The withdrawal function for users will be available on February 14 at 5 PM (UTC+8).

ChainCatcher message, Virtuals Protocol announced on platform X that the VIRTUAL token is now available for trading on Solana, the Launchpad is about to go live, and users can bridge VIRTUAL between Base and Solana using the Stargate bridge, enhancing cross-chain interoperability.

ChainCatcher news, according to Onchain Lens monitoring, Ethereum co-founder Vitalik Buterin has just transferred 70,000 USDC to the privacy protocol Railgun.

ChainCatcher news, the Doge project DogePump has introduced the Meme20 protocol to Doge Cardinals, allowing users to issue tokens directly on Dogecoin, replacing EVM chains.

ChainCatcher news, Virtuals Protocol CMO Sally confirmed attendance at the event "Trends and Rhythms of the New Web3 Cycle" on February 19 during Consensus HK. Virtuals Protocol is a decentralized artificial intelligence factory that creates various AI characters for different virtual worlds (such as games or online spaces) that can respond through text, voice, and actions. VIRTUAL Protocol provides incentive mechanisms for the creation and monetization of decentralized AI characters for each virtual interaction (games, metaverse, online interactions, etc.).It is reported that the event "Trends and Rhythms of the New Web3 Cycle" will be held on February 19 from 14:00 to 18:00 at the Hong Kong Convention and Exhibition Centre (28 Stanley Street, Central, Hong Kong), co-hosted by the well-known Web3 data company RootData and the leading Asian crypto media Chaincatcher. The salon will discuss hot topics of this crypto cycle, such as AI Agent, Memecoin, RWA, etc., providing direction for investors.

ChainCatcher news, the Solana restaking protocol Fragmetric announced via tweet that it has completed a $7 million seed round financing, led by Finality Capital Partners and Hashed, with participation from institutions such as Hypersphere, Presto, Bitscale Capital, Halo Capital, Flowdesk, and support from multiple angel investors in the Solana and Restaking ecosystems.According to Web3 asset data platform RootData, Fragmetric is Solana's native liquid restaking protocol, with a vision to enhance the security and economic potential of the Solana ecosystem. By leveraging Solana's token expansion, Fragmetric effectively achieves NCN reward distribution. Additionally, Fragmetric has designed a practical solution, a standardized token program, to utilize various LSTs within the restaking platform. Fragmetric's mission is to build a secure, transparent, and efficient restaking infrastructure that empowers users and supports the stability of the Solana restaking ecosystem.

ChainCatcher message, the messaging protocol XMTP tweeted that it has launched a testnet with the support of Coinbase Wallet, Circle, ENS, Alchemy, a16z crypto, Mask Network, and Faction.The official statement indicates that the testnet application will automatically allocate micro-fees paid in USDC to node operators; messages are transmitted through an off-chain broadcasting network within milliseconds; and consensus on critical states is maintained using Arbitrum Orbit on Base.

ChainCatcher news, venture capital firm a16z stated that the U.S. Department of Justice (DOJ) should stop holding DeFi protocols accountable for unlawful activities that they did not instigate and cannot control.It stated that holding people accountable for systems and activities over which they have no power or control can lead to negative consequences. Unfortunately, the DOJ has overlooked this distinction and is attempting to do so by making software developers responsible for the actions of third parties using neutral tools that they originally created but no longer control.The agency stated that the new presidential administration in the U.S. should focus its primary policy on cryptocurrency on codifying the correct and legal understanding of "control" in law. a16z believes this is particularly important for determining whether cryptocurrency companies qualify as "money transmission businesses," as such businesses are required to comply with specific rules and obligations.

ChainCatcher news, according to a report by tokenpost citing CryptoPotato, the U.S. Department of Justice has charged 22-year-old Canadian hacker Andean Medjedovic with five counts on February 3 local time, including telecommunications fraud, unauthorized damage to protected computers, extortion, and money laundering.Prosecutors claim that Medjedovic hacked into two DeFi protocols, Indexed Finance and KyberSwap, between 2021 and 2023, stealing approximately $65 million in cryptocurrency by manipulating smart contracts.The suspect argued that exploiting vulnerabilities in smart contracts was legal under the principle of "code is law," but this was dismissed by U.S. prosecutors. If convicted, he faces a maximum sentence of 20 years in prison.

According to ChainCatcher news reported by CryptoPotato, on February 3 local time, the U.S. Department of Justice charged 22-year-old Canadian hacker Andean Medjedovic with five counts, including telecommunications fraud, unauthorized damage to protected computers, extortion, and money laundering.Prosecutors stated that Medjedovic hacked into two DeFi protocols, Indexed Finance and KyberSwap, between 2021 and 2023, stealing approximately $65 million in cryptocurrency by manipulating smart contracts.The suspect argued that exploiting vulnerabilities in smart contracts was legal under the principle of "code is law," but this was rejected by U.S. prosecutors. If convicted, he faces a maximum sentence of 20 years in prison.

ChainCatcher news, Hooked Protocol founder Jason stated in Binance Space that he indeed had a relationship with Primitive Ventures co-founder Dovey, but denied any violations during the process of listing on Binance, as well as any issues of利益输送.

ChainCatcher news, according to Dune data, during yesterday's market crash, the Aave V3 protocol had a total liquidation of $198 million. This figure accounts for 27% of the total liquidation amount since the launch of the V3 protocol ($718 million). Among them, a whale with $13.89 million worth of WETH was liquidated during yesterday's drop.

ChainCatcher news, according to DeFiLama data, a total of 10 DeFi protocols were launched this week, an increase of 1 compared to last week. The details are:Perena: TVL $19.16 million;Overnight Finance: TVL $23.69 million;Uniswap V4: TVL $11.61 million;Libre Capital: TVL $81.95 million;Origin Sonic: TVL $2.36 million;Shadow Exchange Legacy: TVL $2.45 million;Beets DEX V3: TVL $7.44 million;Reservoir Tools CLMM: TVL $6.80 million;Reservoir Tools AMM: TVL $2.98 million;Coffer Network: TVL $183.01 million.

ChainCatcher news, according to the official announcement, the Berachain Foundation has established the BGT Foundation, an independent entity that represents the collective interests of BGT (Bera Governance Token) holders and acts on their behalf. The BGT Foundation will promote the growth of PoL (Proof of Liquidity), focusing on the stability and security of the Berachain protocol.BGT is a "fairly distributed" token, distributed to liquidity providers (LPs) and validators/stakers according to Berachain's PoL mechanism, ensuring that individuals who contribute to the network can directly receive rewards. This distribution mechanism not only incentivizes participants from the very beginning but also helps to build a strong liquidity foundation that benefits a broader community as the ecosystem develops. Furthermore, as BGT gradually decentralizes within the network, it promotes a decentralized governance structure that aligns the incentives of various stakeholders by delegating governance power to a wide user base that actively contributes to Berachain.

ChainCatcher news, according to official sources, Circle announced that the cross-chain transfer protocol CCTP has been launched on Aptos. Developers and their users can now transfer USDC between 10 blockchains with 1:1 capital efficiency, meeting the withdrawal demand for USDC on Aptos from users' exchanges.