ChainCatcher message, according to official news, MEXC will launch Veritas Protocol (VPT) in the innovation zone on February 26 at 20:00 (UTC+8) and open the VPT/USDT trading market. The deposit function for VPT is now available, and the withdrawal function will be enabled on February 27 at 20:00 (UTC+8). In addition, the VPT swap function will go live on February 27 at 18:00 (UTC+8).To celebrate the launch of Veritas Protocol (VPT), MEXC has launched an Airdrop+ event to share 15,800,000 VPT and 90,000 USDT. The event will run from February 25, 2025, 14:00 to March 7, 18:00 (UTC+8).

ChainCatcher message, Chainflip officially announced that after discussions with the team, community, liquidity providers, major interfaces using Chainflip, and most validator providers, it has been decided to implement a protocol upgrade to prevent the illegal flow of Bybit hacker funds within the protocol.Chainflip stated that most of the code has been completed and needs to be tested and deployed to the network, with the upgraded version expected to go live within 24-72 hours.

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, the re-staking protocol Byzantine Finance has completed a $3 million Pre-Seed round of financing, led by Node Capital and Blockwall Ventures, with participation from Lightshift, Masterkey, and Kiln Ventures, as well as angel investors from EigenLayer, LayerZero, and Ledger. The funds will be used to develop its Byzantine permissionless "aggregation layer," a protocol designed to enable multiple blockchains to share liquidity, state, and users without sacrificing sovereignty.

ChainCatcher message, KIP Protocol released a statement regarding the $LIBRA token, clarifying KIP Protocol's role in the event:KIP did not initiate the Libra project or the Viva La Libertad project.KIP was invited to assist in managing the financing plan for small and medium-sized enterprises in Argentina.KIP did not participate in the token issuance.KIP did not profit in any way from the token issuance.KIP has no prior or ongoing relationship with President Javier Milei.KIP stated that it will continue to work with all relevant parties to address any misunderstandings and is prepared to take necessary legal action to protect its reputation from further unfounded accusations.

ChainCatcher news, Bybit officials stated that the mETH Protocol team played a key role in the recent security incident. Through swift action and effective coordination, the mETH Protocol team successfully recovered 15,000 cmETH tokens, worth approximately 43 million dollars.

ChainCatcher news, according to DefiLlama data, pump.fun's protocol fee revenue yesterday was $1.75 million, a decrease of 88.62% from the historical peak ($15.38 million on January 25).Yesterday, pump.fun's trading volume was $137.25 million, a decrease of 64.83% from the historical peak ($390.3 million on January 24).

ChainCatcher news, according to DefiLlama data, pump.fun's protocol fee revenue yesterday was $1.75 million, a decrease of 88.62% from the peak of $15.38 million on January 25.Yesterday, pump.fun's trading volume was $137.25 million, a decrease of 64.83% from the historical peak of $390.3 million on January 24.

ChainCatcher message, mETH Protocol released a Bybit security incident update, which disclosed that a security incident occurred at Bybit leading to unauthorized withdrawals of mETH and cmETH from the exchange. This included three transactions through DEX that exchanged 8,000 mETH for ETH, and an attempt to withdraw 15,000 cmETH initiated through mETH Protocol, which was not successfully completed.Mantle or mETH Protocol posed no risk and reduced cmETH liquidity on the Mantle Network L2, and the attacker's wallet address has been blacklisted to prevent further cmETH transfers or interactions within the protocol. Ultimately, no unauthorized cmETH withdrawals occurred, the contract has been restored, and operations have returned to normal.

ChainCatcher news, the liquid staking/re-staking protocol mETH Protocol announced on platform X that cmETH withdrawals have resumed, user funds are safe and fully supported, and a detailed post-incident analysis report will be published soon, outlining the events and all measures taken.Previous news, the liquid staking/re-staking protocol mETH Protocol under Mantle, which has a deep binding relationship with Bybit, announced the suspension of cmETH withdrawals after learning about recent security incidents involving certain mETH and cmETH transactions at Bybit, but deposit and staking services continue as usual.

ChainCatcher news, the cross-chain bridge Chainflip responded to Bybit CEO's freezing request stating, "We have done our best to handle the current situation, but as a decentralized protocol, we cannot completely stop, freeze, or redirect any funds. However, we have currently shut down some front-end services to prevent the flow of funds."Previous news, Bybit CEO Ben Zhou posted on social media that he has detected hackers attempting to transfer assets to the BTC network via Chainflip. He hopes that the cross-chain bridge project will help Bybit stop and prevent further asset transfers to other chains. Bybit will soon launch a bounty program for anyone who helps them stop or track down the funds leading to recovery.

ChainCatcher message, the mETH Protocol under Mantle, which has a deep binding relationship with Bybit, has indicated that it is aware of a recent security incident involving certain mETH and cmETH transactions on Bybit, including a withdrawal request for 15,000 cmETH.To support the ongoing investigation, cmETH withdrawals on the platform have been suspended, while deposit and staking services continue as usual. User funds on the mETH Protocol remain safe and unaffected, and the protocol is still protected by the highest security standards. The community will be notified immediately once withdrawals are restored.

ChainCatcher news, according to official sources, the privacy computing protocol Primus has announced the completion of $6.5 million in pre-seed and seed round financing. This round of financing was led by Dispersion VC, Symbolic VC, and VanEck, with participation from Samsung Next, Alchemy, Maelstrom Fund, Welara, BB Fund, Modular Capital, Karatage, Initial Ventures, and others.Primus is a protocol that securely performs computations over untrusted networks without exposing sensitive data, using Multi-Party Computation Transport Layer Security (MPC-TLS) and Zero-Knowledge TLS (zkTLS) protocols.

ChainCatcher news, Aptos announced on platform X that the lending protocol PACT has officially bridged to Aptos, bringing $1 billion worth of on-chain assets to Aptos. The PACT protocol aims to leverage Aptos's ultra-low-cost infrastructure to connect billions of underserved borrowers directly with global capital markets.The next steps for the PACT protocol on Aptos are:Migration of PACT tokens to Aptos;Providing a 1:1 token bridge for holders;Transition and updates for future governance;Establishing strategic and technical partnerships with Aptos to accelerate progress.

ChainCatcher news, the LIBRA token incident involving the Argentine president's token has caused some users to suffer economic losses. While this is considered a market-driven event, it also highlights the inherent risks in the cryptocurrency industry. In response, the BNB ecosystem projects Four.meme, MyShell, and Bacon Protocol, along with crypto KOL EnHeng, have jointly organized spontaneous donations to support the affected users of the LIBRA incident. This initiative not only helps the direct beneficiaries but also supports the broader BNB Chain community.Eddie, a representative of Four.meme, commented: "We have always believed that the power of meme culture and decentralization can change the world. This donation action not only provides support to the affected users but also reflects our commitment to community responsibility and the collective progress in the decentralized finance sector."MyShell and Bacon Protocol also contributed to the donation effort, further demonstrating community involvement within the BSC ecosystem. The total donations from Four.meme, MyShell, and Bacon Protocol reached $60,000 in tokens. This donation was also supported by Binance founder CZ with a total of 150 BNB.This donation activity is seen as part of ongoing community engagement. As the cryptocurrency market continues to evolve, the participating organizations plan to maintain collaboration to address industry challenges. More cooperative opportunities are expected to be explored within the BNB Chain ecosystem in the future.

ChainCatcher message, UniSat announced on platform X that a significant protocol upgrade for BRC-20 will take place in 2025, introducing three modules: single-step transfer, exchange module, and programmable module.The single-step transfer will launch on the Fractal mainnet in the first quarter of 2025 and will be deployed to the Bitcoin mainnet in the second quarter of 2025.The roadmap for the exchange module will be released in the first quarter of 2025, with testing on the testnet in the second quarter of 2025, followed by a launch on the Bitcoin mainnet.The deployment of the programmable module will be tested on the testnet in the first quarter of 2025 and will go live on the Bitcoin mainnet in the third quarter of 2025.

ChainCatcher news, according to official sources, the on-chain trading platform Mintify will announce its protocol token economics next week.In July last year, the NFT startup Mintify completed a new round of financing of $3.4 million, with participation from ARCA, Cumberland, Psalion, Master Ventures, Zeneca, GM Capital, Spencer VC, and over 50 angel investors.In January this year, Mintify announced its transformation into an on-chain trading platform.