ChainCatcher news, Babylon co-founder Fisher Yu (@baby_fisherman) posted on the X platform that, despite receiving an unexpected airdrop from Corn, he has proactively requested to have his account removed from the airdrop list and confirmed that it has now been deleted. In addition, he stated that other team members have also taken the same measures due to conflicts of interest.

ChainCatcher news, according to Cointelegraph, five Democratic senators have written to the Federal Reserve and OCC, questioning the "unprecedented risks" posed by the USD1 stablecoin launched by World Liberty Financial (WLFI), which is backed by the Trump family. The letter pointed out that Trump weakened regulatory independence through a February executive order and holds a 60% stake in WLFI, constituting a significant conflict of interest.Since its establishment in September 2024, WLFI has raised $550 million through two token sales and launched USD1 on March 24 on the BNB Chain and Ethereum. This move coincides with Congress reviewing the GENIUS Act, which could grant regulatory authority to the OCC and the Federal Reserve, raising concerns about the stability of the financial system.

ChainCatcher news, according to TheMinerMag, early Bitcoin developer Adam Back and two affiliated companies are requesting a U.S. court to enforce a $28 million arbitration award against Chinese mining chip manufacturer Innosilicon.According to the complaint, Innosilicon was aware of hidden cracks in the chips of these machines as early as March 2018 (a few months before delivery), yet still completed the delivery in September 2018. The Hong Kong International Arbitration Centre ruled that Innosilicon breached all three contracts and ordered Innosilicon to compensate for the losses: 425.98 bitcoins to Blockstream, 1,393.79 bitcoins to Thigmotropism, and 51.84 bitcoins to Back.

ChainCatcher news, Uber and Robinhood early investor Jason Calacanis questions GameStop's Bitcoin reserve strategy, suggesting that this approach may just be a gimmick without a viable business model.Jason Calacanis stated, "If you are a public company that can't come up with a business model, then buy Bitcoin; if Strategy co-founder Michael Saylor wants to buy $1 trillion worth of Bitcoin, that might be a good suggestion."However, Saul Rejwan, managing partner of early cryptocurrency venture firm Masterkey, believes that the role of Bitcoin as a corporate reserve asset is no longer marginalized, and for companies looking to hedge against inflation, Bitcoin is becoming an option.

ChainCatcher news, Binance founder Zhao Changpeng (CZ) stated on social media that his Pay to Reach concept, published on Binance Square 18 days ago, has quickly come to fruition. A developer provided a prototype just days after seeing the article, and after discussions, adjustments, and security reviews, the product went live yesterday.Zhao Changpeng mentioned that he has added the service URL (Reachme platform link) to his profile on the X platform. Initially priced at 0.04 BNB (about $24) per message, he immediately received a large number of short and meaningless messages; after raising it to 0.1 BNB, he still received over 100 messages. Currently, he has further adjusted the price to 0.2 BNB (about $120) and stated that he will continue to look for the right price point, hoping to control the average daily message volume to about 10 messages. He also suggested that users read his communication skills guide before sending messages to improve communication efficiency.Previous news, Zhao Changpeng's X account biography has added a DM link, allowing users to pay BNB to send him messages.

ChainCatcher news, Bitget CEO Gracy Chen publicly criticized Hyperliquid's handling of the JELLY incident, pointing out that the platform: the forced liquidation operation is suspected of price manipulation; the mixed fund pool design has systemic risks; the failure to implement KYC/AML raises concerns about money laundering.Chen warned that if the platform does not address product design flaws and the trust crisis, it could become the "next FTX." This controversy stems from Hyperliquid's previous closure of the JELLY trading pair and the forced liquidation at a specific price.

ChainCatcher news, after ZachXBT questioned Crypto.com about the reissuance of 70 billion CRO tokens that had been previously destroyed, Crypto.com CEO Kris blocked ZachXBT on social media, to which ZachXBT responded, "The truth is heartbreaking."Previous news, on-chain detective ZachXBT stated that the Crypto.com team recently reissued 70 billion CRO tokens that were promised to be "permanently destroyed" in 2021, accounting for 70% of the total supply. This move severely violates community consensus, as the team controls the majority of the token circulation.ZachXBT criticized this behavior as akin to fraud and questioned why Truth still chose to cooperate with them instead of other platforms like Coinbase or Kraken.

ChainCatcher news, according to The Block, the Arbitrum DAO is considering whether to withdraw the remaining funds of the "Gaming Catalyst Program (GCP)" launched in 2024. The program was originally allocated 225 million ARB (approximately 215 million USD at the time) to support the Web3 gaming ecosystem over three years.The proposal points out that the project was overly optimistic at the time of approval, and issues such as lack of transparency, management changes, and key supporters withdrawing have now emerged. GCP council members responded that 25 gaming chain projects are already using Arbitrum technology. Currently, the community has not reached a consensus.

ChainCatcher news, recently, the Builder Base Camp co-hosted by the Pharos Joint Developer Platform HackQuest has officially launched. This competition covers four major tracks: RWA + Payment, DeFi, Tooling & Infra, and Innovative, with a generous prize pool of up to $300,000. Participants not only have the chance to win substantial prizes and gain valuable practical experience but also receive guidance from experts in the Pharos ecosystem, gaining in-depth knowledge of the Pharos SPN (Special Processing Network) and its efficient execution framework.The Builder Base Camp aims to provide developers with comprehensive technical knowledge, guidance, and support, helping participants successfully build projects on the Pharos platform. The event is divided into several key stages, from introductory to in-depth technical sessions, culminating in a Demo Day showcase, ensuring that participants can effectively build applications and expand innovations throughout the process. Base Camp mentors include HackVC partner Hsin-Ju, Sign Protocol co-founder Potter, Yala CTO Vicky, NEBRA LABs founder Shumo, and more.The online submission period for the event is from March 10, 2025, to April 30, 2025. In addition to the online competition, Pharos will also hold a series of offline developer meetups in Kolkata, Delhi, Shenzhen, Hangzhou, and Ho Chi Minh City, aimed at providing comprehensive ecological deployment support for participants.

ChainCatcher news, regarding the proposal to restore the 70 billion CRO that were destroyed, which was voted through by Cronos, Sonic co-founder Andre Cronje (AC) posted on the X platform questioning and mocking: "Tomorrow, Cronos's market cap will rise from $2.5 billion to $8.5 billion, with just one vote, and this only requires one voter. 1. Market cap is a meme. 2. Decentralization doesn't matter until it matters. 3. Immutability doesn't matter until it matters."Previous news, the proposal to restore the 70 billion CRO by Cronos was voted through, raising questions in the community during the voting process.

ChainCatcher news, according to Decrypt, the UK Court of Appeal has rejected a request from a Welsh man to excavate a landfill, claiming that his hard drive was discarded there over a decade ago, containing $676 million worth of Bitcoin.It is reported that the software engineer mined the lost Bitcoin in 2009, and in 2013, his former partner threw away the hard drive, which contained the keys to 8,000 Bitcoins. He subsequently launched a lengthy legal battle to gain the right to search the landfill for the Bitcoin hard drive.

ChainCatcher message, Slow Mist Yuxian posted on platform X stating: "An extension can be malicious, such as stealing cookies from the target page, privacy in localStorage (like account permission information, private key information), DOM tampering, request hijacking, clipboard content retrieval, etc. Relevant permission configurations can be made in manifest.json. If users are not careful about the permissions requested by the extension, it can be troublesome.However, for an extension to be malicious and directly target other extensions, such as well-known wallet extensions, it is still not easy... because of sandbox isolation... For example, it is unlikely to directly steal private key/mnemonic-related information stored in the wallet extension. If you are concerned about the permission risks of a certain extension, it is actually easy to assess this risk. After installing the extension, you can choose not to use it first, check the extension ID, search for the local path on your computer, and find the manifest.json file in the root directory of the extension. You can then directly throw the file content to AI for permission risk interpretation. If you have an isolation mindset, you might consider enabling a separate Chrome Profile for unfamiliar extensions, at least making malicious actions controllable; most extensions do not need to be enabled all the time."

ChainCatcher news, according to The Wall Street Journal, representatives of U.S. President Trump have held negotiations regarding a stake in the cryptocurrency exchange platform Binance.US, with possibilities including the Trump family holding shares or conducting transactions through World Liberty Financial.The article states that Trump is increasingly blurring the lines between his presidential position and business activities, and engaging in business transactions with Binance's largest shareholder, Zhao Changpeng, who is seeking a government pardon, would create an unprecedented overlap between his enterprises and the government. For the Trump family, holding shares in Binance.US would provide them with an opportunity to participate in the potential revival of the U.S. cryptocurrency trading market, as the industry is thriving with the U.S. government lifting regulatory threats.Binance.US experienced a sharp decline in business following regulatory actions, and after Trump's victory last year, Binance began exploring a return to the U.S. market. According to informed sources, the company expressed a willingness to reach an agreement with Trump's company and hopes to resolve its legal issues. After Trump's victory, Binance established a task force led by Chief Executive Richard Teng, which includes senior legal and compliance personnel, to evaluate various options.The Wall Street Journal reported that after Sun Yuchen invested in World Liberty Financial to become its largest investor, last month, the U.S. Securities and Exchange Commission (SEC) requested the court to suspend the fraud lawsuit against Sun Yuchen and his three companies. According to an informed source, Binance executives are internally discussing whether to take the same route: injecting funds into World Liberty Financial in exchange for a pardon for Zhao Changpeng.

ChainCatcher news, Nillion CMO Charlie Rogers published an article on his X account introducing more details about the Nillion airdrop standards, aimed at answering community questions and rewarding contributors who have a real impact on the project.In the article, Charlie Rogers stated: When designing the airdrop matrix, the Nillion team identified three main categories: community value, developer and open-source contributions, and participation in the validator program. These categories are intended to reward contributions that have a real impact on the project, whether through outreach or technical contributions.Additionally, regarding the highly discussed Sybil attackers in the validator program within the community, Charlie Rogers mentioned: Even if these accounts currently appear to be eligible, they will not be included in the airdrop to ensure that rewards go to our long-term supporters and true community members.Meanwhile, two types of participants will not be included in the airdrop, specifically:Participants with extremely low engagement as Secret submitters: only submitted 4 Secrets; did not stake any ETH; did not obtain a Discord role; do not own a Nill Pill NFT.Participants with extremely low engagement as late validators: participated in validation after September 14, 2024; did not stake any ETH; did not obtain a Discord role; do not own a Nill Pill NFT.Finally, Charlie Rogers stated: Nillion aims to set a new standard for the operation of the crypto community and hopes that by publicly sharing more details about the airdrop, it will help everyone understand our rigorous decision-making process more transparently.

ChainCatcher news, according to Axios, on the morning of the first day of the White House's digital assets summit, Senator Elizabeth Warren sent a critical letter to the government's cryptocurrency and artificial intelligence chief, known as the "crypto czar," David Sacks.Senator Warren believes that the more the federal government supports the blockchain industry, the more it will inflate the value of existing holders, which raises conflicts of interest for the officials making these policies. The senator raised several pointed questions regarding potential conflicts of interest involving David Sacks and his colleagues. She also detailed a series of actions taken by the Trump administration, stating that these actions raised concerns about the ethics of their decision-making.

ChainCatcher news, BNB Chain announced on the official X that it has partnered with the developer platform HackQuest to launch the BNB Greenfield and opBNB Learning Track. The content covers Greenfield storage, AI agent development, opBNB development, Solidity syntax, and more. Upon completing the courses, learners will receive a certificate of completion jointly issued by BNB Chain and HackQuest.In addition, HackQuest will serve as a developer education partner for BNB Chain, jointly promoting the development of the developer community within the BNB Chain ecosystem and supporting developer hackathons in the BNB Chain ecosystem.

ChainCatcher news, according to Cointelegraph, the cryptocurrency exchange Bybit has confirmed that it has initiated a proposal requesting the decentralized finance (DeFi) protocol ParaSwap to return the transaction fees generated from trading with digital assets stolen from the exchange by the Lazarus hacker group.On March 4, a proposal was published on the ParaSwap decentralized autonomous organization (DAO) forum, requesting the freezing and return of 44.67 wETH worth nearly $100,000. The proposal initially raised skepticism, with several DAO members demanding verification of its origin. Bybit posted a verification message on its official X account on March 5, confirming that the proposal was initiated by them.This proposal for fund return sparked intense discussions among DAO members. DeFi researcher and ParaSwap DAO representative Ignas pointed out that profiting from a hacker attack gives a "bad image" to the DAO, and returning the funds would demonstrate support for industry peers. He added that retaining these funds could attract regulatory scrutiny and legal troubles. However, he also warned that refunds would set a dangerous precedent for DeFi: "Code is law. The DAO legally earned the fees through smart contracts. If we return the funds now, what happens in similar situations in the future? This would set a dangerous precedent."Opinions among ParaSwap DAO members are divided, with some supporting conditional refunds of the fees, while others voted against the refund. DAO member SEED Gov proposed three possible courses of action: full refund, rejection of the request, or negotiating a structured refund that includes retaining 10% as a bounty, consistent with Bybit's existing bug bounty program.

ChainCatcher message, Binance announced that its spot API will update the request weights of the following Rest and WebSocket (WS) API endpoints on March 10, 2025, at 20:00. Users can use the @aggTrade WebSocket stream to receive real-time data push of aggregated trades, and trading will not be affected by the updates.