ChainCatcher news, Sonic Labs co-founder Andre Cronje posted: "I'm pretty sure our team has cracked the algorithmic stablecoin, but given past events, I'm not sure we should implement it." Andre Cronje hinted that the potential algorithmic stablecoin would be an independent project from Sonic (formerly known as Fantom).Additionally, a user suggested that Andre Cronje name the product "Anchor," in honor of the decentralized lending platform Anchor Protocol that drove the widespread adoption of UST. Andre Cronje seems to be considering this request.

ChainCatcher news, reported by Blockworks, states that Ethereum's first oracle protocol, Chronicle, has completed a $12 million seed funding round, led by Strobe (formerly Blocktower Venture Capital), with participation from Brevan Howard, 6th Man Ventures, and others.Kunkel stated that this round of funding will be used for product development and research. He believes that in the next 12 to 18 months, as financial institutions show increased interest in real-world assets, a large number of related products will be launched, with Chronicle positioned advantageously as the exclusive oracle for Sky tokenized assets.According to the Web3 asset data platform RootData, [Chronicle Protocol](https://www.rootdata.com/zh/Projects/detail/Chronicle Protocol?k=OTE2NA== "decentralized oracle solution") is a decentralized oracle solution that has secured over $10 billion in collateral since 2017. The project continues to protect MakerDAO while establishing an independent brand and business proposition, and building a fully verifiable, economically efficient, scalable, and decentralized oracle.

ChainCatcher message, according to on-chain analyst @ai_9684xtpa's monitoring, Flow Traders is one of the market makers for PARTI, having received 9 million tokens, accounting for 3.86% of the circulating tokens, from the project's contract address 3 hours ago. Currently, 6.75 million tokens have been deposited into major exchanges.

ChainCatcher news, according to the official announcement, Binance Wealth Management, One-Click Buy, Flash Exchange Trading Platform, Leverage, Dollar-Cost Averaging Platform, and Binance Futures will launch Particle Network (PARTI). Among them, the PARTI principal-protected earning product will be available on the Binance Principal-Protected Earning Platform for subscription starting from March 25, 2025, at 21:00 (UTC+8); starting from March 26, 2025, at 18:00 (UTC+8), users can purchase PARTI using any payment method supported by Binance Dollar-Cost Averaging.Within one hour after PARTI is listed on Binance Spot, users can exchange PARTI for BTC, USDT, or other tokens supported by the Flash Exchange Trading Platform. The full margin and isolated margin for Binance will add PARTI as a borrowable asset at 21:20 (UTC+8) on March 25, 2025, as well as the PARTI/USDT and PARTI/USDC full margin and isolated margin trading pairs.

ChainCatcher news, GMX officially stated that security research institutions such as PeckShield and other blockchain security experts have discovered vulnerabilities in the funds pools (cauldrons) using GM tokens in Abracadabra/Spell that have been exploited.GMX has made it clear that the GMX smart contracts are unaffected and are operating normally; the issue is only related to the funds pools of Abracadabra/Spell. These funds pools allow users to use specific GM liquidity tokens as collateral for borrowing. Currently, Spell, the GMX team, and security researchers are investigating the cause of the issue.ChainCatcher previously reported that the blockchain security company PeckShield released the latest data, showing that the losses from the GMX and MIM Spell security vulnerability incident have increased to approximately 6260 ETH, equivalent to about 13 million USD at current market prices.

ChainCatcher news, according to PeckShield monitoring, GMX and MIM Spell related contracts have been hacked, resulting in a loss of approximately 3260 ETH (worth about 6.5 million USD).

ChainCatcher news, MEXC has launched Particle Network (PARTI) in the innovation zone on March 25 at 19:10 (UTC+8), and opened the PARTI/USDT trading market. On the same day, PARTI/USDC trading was opened at 19:30, the PARTI swap function was launched at 20:10, and the PARTI U-based contract was launched at 21:01.To celebrate the launch of Particle Network (PARTI), MEXC has launched an Airdrop+ event with a prize pool of 150,000 USDT. The event has started and will end on April 5 at 18:00 (UTC+8).

ChainCatcher news, according to official information, MEXC will launch Amnis Finance (AMI) in the innovation zone on March 26, 2025, at 18:00 (UTC+8) and open the AMI/USDT trading market. On the same day at 18:10 (UTC+8), the AMI U contract will be launched, supporting 1-50x leverage, with both full position and isolated position modes. At 19:00 (UTC+8) on March 26, the AMI swap function will be launched, allowing users to seamlessly and in real-time exchange with other assets.To celebrate the launch of Amnis Finance (AMI), MEXC has launched the Airdrop+ event, with a total prize pool of 1,200,000 AMI & 50,000 USDT.The event will run from March 25, 2025, 18:00 to April 3, 2025, 18:00 (UTC+8).

ChainCatcher news, according to the official announcement, OKX will officially launch the PARTIUSDT perpetual contract on the web, App, and API at 9:30 PM (UTC+8) on March 25, 2025, and will launch leveraged trading and simple coin earning for PARTI at 12:00 PM (UTC+8) on March 27, 2025.

ChainCatcher news, according to the Financial Times in the UK, Standard Chartered's head of digital asset research, Geoff Kendrick, stated that Ethereum is in a "mid-life crisis," performing poorly in a series of technological upgrades aimed at attracting a broader audience.Ethereum developers have been trying to improve network speed and efficiency by offloading transaction processing to third parties, which has redirected fees to these third-party networks known as Layer 2, rather than to Ethereum developers. Kendrick believes this decision "freely forfeits value," adding that "Ethereum has essentially commoditized itself."

ChainCatcher message, after the Federal Reserve announced a slowdown in tapering, Bitcoin rebounded from below $83,000 and briefly broke through $88,000. Some analysts believe that market volatility may soon calm down, and many bearish factors may have already been digested by the market. Sina G., co-founder of 21st Capital, stated that the market uncertainty surrounding tariffs and government spending may be resolved in the coming weeks, and the market focus may shift to tax cuts, deregulation, and interest rate reductions, which could attract more capital into Bitcoin and the digital asset space.Aurelie Barthere, chief research analyst at Nansen, also stated that uncertainty related to tariffs may be easing, as the U.S. government, particularly Treasury Secretary Yellen, has taken a more pragmatic approach in tariff negotiations.

ChainCatcher news, according to CoinDesk, Singapore licensed crypto exchange DigiFT announced the launch of the first index fund that will fully trade stocks and fund shares on-chain, in partnership with investment institution Hash Global.The fund supports subscriptions and redemptions using USDT or USDC, and the portfolio can be viewed in real-time on-chain. The first batch of products includes index funds tracking AI leading stocks such as Apple, Tesla, and Microsoft, as well as funds tracking crypto assets like Bitcoin, Ethereum, and Solana, which are open only to qualified and institutional investors.

ChainCatcher message, the inflow of Bitcoin to exchanges is a key indicator reflecting recent trading intentions. According to the 14-day average, this indicator has decreased from an average of 58,600 BTC per day in December last year to 26,900 BTC, indicating a 54% drop in the amount of Bitcoin sent to exchanges, which suggests a contraction in market liquidity and an increase in investor caution.Additionally, a liquidity capital indicator reflecting the current market structure is Bitcoin's "hot supply," which refers to the amount of Bitcoin that is circulating weekly. Data shows that this indicator has shrunk from 5.9% of the total circulating supply to just 2.8% after peaking in December 2024. The more than 50% decline highlights a general drop in short-term trading activity and market participation, indicating that speculative capital is retreating.

ChainCatcher news, according to The Block, Standard Chartered has launched a hypothetical "Mag 7B" index, replacing Bitcoin (BTC) with Tesla in the "Magnificent 7" tech stock portfolio, and found that this new portfolio has higher returns and lower volatility.Geoffrey Kendrick, Global Head of Digital Asset Research at Standard Chartered, noted in his report that Bitcoin's correlation with Nasdaq is "almost always" higher than its correlation with gold in the short term, which provides a basis for viewing Bitcoin as part of the tech stock category. He stated, "If Bitcoin is included in the tech stock portfolio, it will attract more institutional investors to buy, as Bitcoin can play multiple roles in a portfolio."

ChainCatcher message, the Berachain Foundation announced on the X platform that PoL (Proof of Liquidity) has officially launched, governance has entered the first phase, and the incentive mechanism will come into effect. 37 new reward pools are now live, distributing BGT throughout the ecosystem.This change means that BGT holders will have more control and profit opportunities, determining the flow of incentives and supporting the distribution of incentives for users, applications, and validators.

ChainCatcher message, Orderly announced on platform X that it will launch Nillion, SIREN, and BANANA31 perpetual contracts today, with a maximum leverage of 10 times.It is reported that Orderly is a liquidity infrastructure project that integrates cross-chain derivatives liquidity. By consolidating orders from different chains into a unified on-chain order book, Orderly creates a unified cross-chain liquidity ecosystem, addressing the issue of fragmented liquidity between chains.

ChainCatcher news, according to the official announcement, Binance will launch Nillion (NIL) wealth management, instant exchange, and perpetual contract services on March 24, 2025, at 13:00 (UTC), with the NILUSDT contract supporting 75x leverage.Starting from March 25 at 10:00 (UTC), the NIL automatic investment feature will be available, along with the launch of the NIL/USDT and NIL/USDC margin trading pairs.

ChainCatcher news, MEXC has launched Nillion (NIL) in the innovation zone on March 24 at 19:30 (UTC+8), and opened the NIL/USDT trading market, with the NIL/USDC trading market opening at 19:50. On the same day at 19:37, the NIL U-based contract was launched, supporting 1-50x leverage, with both full and isolated margin modes. The flash exchange function for NIL will be available on March 24 at 20:30 (UTC+8).To celebrate the launch of Nillion (NIL), MEXC has launched an Airdrop+ event with a prize pool of 270,000 USDT. The event has already started and will end on March 31 at 13:00 (UTC+8).

ChainCatcher message, the star project Pentagon Games incubated by the North American crypto benchmark CryptoKnight will hold a dual-city community event on March 27, 2025 (Chiang Mai Station: https://lu.ma/bqk4arpb) and April 3 (Bangkok Station: https://lu.ma/k4mzqoxk) to celebrate the official launch of its mainnet Pentagon Chain Mainnet, providing an in-depth interactive platform for Web3 developers, blockchain game players, and crypto enthusiasts.Event HighlightsIncredible Benefits: Win 5 rare Blockchain Superheroes NFTs on-site, receive free Pentagon Chain Mainnet Gas tokens, and enter a raffle for PenXR AR/VR headsets.Immersive Experience: Web3 game trials, AR interactions, NFT competition challenges, and sharing of Pentagon Games' future vision.Social Feast: Free soft drinks, beer, and food, spend an unforgettable evening with global Web3 pioneers.Event Schedule4:30 PM: Guest registration & networking5:00 PM: PEN EVM chain experience & Gas token giveaway5:30 PM: Web3 game trials & AR experience6:00 PM: Sharing of Pentagon Games' future vision6:30 PM: NFT competition challenge7:30 PM: Winners announcement & award ceremony8:00 PM: Social networking & event conclusionJoin the Chiang Mai and Bangkok dual-city celebration and seize the immersive future of Web3.