ChainCatcher news, according to CoinDesk, Untangled Finance and Moody's Ratings have completed a proof of concept that tests a system allowing decentralized access to Moody's financial data, transferring credit ratings on-chain.The proof of concept conducted on the Polygon Amoy testnet integrates Moody's ratings into Untangled Finance's risk oracle, Credio.The system uses zero-knowledge proof (ZKP) technology, allowing for the secure publication, updating, and revocation of credit ratings on-chain while protecting proprietary information.This development can make risk assessment more transparent and efficient, enabling DeFi protocols and other blockchain-based applications to integrate real-time credit data without relying on centralized intermediaries.

ChainCatcher news, the blockchain gaming platform WEMIX under the South Korean listed gaming company Wemade disclosed a hacking incident on March 4, stating: "On February 28, 2025, approximately 8,654,860 WEMIX tokens were anomalously extracted due to a malicious external attack on Play Bridge Vault." WEMIX stated that it has taken immediate action to prevent further damage and is cooperating with law enforcement to track down the attackers. On March 13, the WEMIX Foundation executed 20 million WEMIX tokens to mitigate market impact.In addition, according to a report by Yonhap News Agency today, the loss caused by the hacking incident on February 28 amounted to approximately 9 billion won (about 6.22 million USD). The WEMIX Foundation emphasized in response to external accusations of delayed announcements that it "never had any intention or attempt to conceal the hacking incident." A representative of the WEMIX Foundation stated, "After discovering the hacking incident on February 28, we immediately shut down the affected servers and began a detailed analysis. On the same day, we submitted a complaint against the unidentified attackers to the Cyber Investigation Division of the Seoul Police Agency, and the National Investigation Agency is currently investigating. Since the method of intrusion has not yet been determined, hastily releasing an announcement could expose us to further attack risks, which is why we did not issue an immediate announcement. As most of the stolen assets have already been sold off, the market impact has already occurred, and it is difficult to ensure there are no further risks. If we had announced immediately, it could have triggered market panic."

ChainCatcher news, Alex Nascimento, a blockchain researcher and professor at the University of California, Los Angeles (UCLA), has included a case study of Bitget in the fourth edition of his new book, The STO Financial Revolution. The book provides a comprehensive analysis of blockchain, cryptocurrency, and Web3 technologies, exploring their applications in the financial sector and offering practical guidance for compliant fundraising for businesses and investors.This book is co-authored by industry experts and features case studies from well-known organizations such as Bitget, DWF Labs, UNICEF, BTG Pactual, and Polymath, showcasing key developments in the blockchain industry and discussing how blockchain technology is transforming the global financial system. The book has already been adopted by several academic institutions, including UCLA, as an important teaching material for courses related to the digital economy.UCLA blockchain professor Alex Nascimento stated, "Incorporating blockchain technology and Web3 principles into the global education system is crucial for cultivating a new generation of talent that can adapt to a decentralized digital world. By supporting blockchain education initiatives, Bitget is not only a driver of business innovation but also a significant contributor to the dissemination of blockchain knowledge."

ChainCatcher news, according to The Block, Reddit co-founder Alexis Ohanian is seeking to acquire TikTok to "put the social media app on-chain." The app plans to integrate the Frequency blockchain, which is a "decentralized social media protocol" aimed at giving users control over their network content.Ohanian posted on X: "This is an exciting announcement for the digital world. I am now officially one of those trying to acquire TikTok's U.S. operations and put it on-chain. TikTok is a game changer for creators, and its future should be shaped by them. Users should own their data. Creators should own their audience."Ohanian has joined the bidding team Project Liberty, previously announced by former Los Angeles Dodgers owner Frank McCourt, which is focused on acquiring TikTok's U.S. operations and will serve as a strategic advisor concentrating on social media.

ChainCatcher news, according to official sources, the blockchain asset risk management platform Lockchain.ai has announced the completion of a $5 million Series A funding round, led by White Star Capital, with participation from Lerer Hippeau, Arrington Capital, and Sonic Boom Ventures. Lockchain.ai plans to use the new funds to enhance its significant event detection capabilities for sharper market intelligence, accelerate data discovery and simplify due diligence, build an automated compliance framework that meets regulatory requirements, and launch regulatory compliance automation for initiatives like MiCA.It is reported that Lockchain.ai is a blockchain asset risk management platform that utilizes generative AI for real-time portfolio risk analysis and monitoring.

ChainCatcher news, according to MarketWatch, Bybit has invested $1 million in EthicHub through the Blockchain Charity Alliance.It is reported that EthicHub mainly leverages blockchain to promote financial inclusion and empower small farmers by integrating productive loans, blended finance, and market access to transform agricultural finance.

ChainCatcher news, Bitkevin, the head of IQ AI in China, posted on X that IQ AI has launched the Agent Tokenization Platform (ATP), which integrates Frax Finance and NEAR Protocol, allowing AI agents to autonomously own, trade, and manage assets on-chain.The $IQ token is the core support of ATP, with all transactions and fees paid in IQ. AI agents hold IQ trading pairs to ensure liquidity, while IQ holders govern the platform to ensure decentralization.

ChainCatcher news, according to Decrypt, the NFT game project Illuvium is undergoing restructuring and layoffs due to poor performance, with some core contributors opting for pay cuts or receiving their salaries in tokens.Last year, Illuvium released three interconnected games: Overworld, Arena, and Zero, covering different game genres, and the layoffs occurred around that time. Despite Illuvium's grand vision, the community's response has not been very positive after years of development.In December, co-founder Kieran Warwick acknowledged that concerns about the gameplay of the series were "valid" and that changes needed to be made. This included significant cost reductions, such as setting a salary cap of $85,000. However, this week, Warwick stated that more substantial cuts must be made.

ChainCatcher news, according to Coindesk, the Blockchain Association, along with 75 participants from the cryptocurrency industry, including Coinbase, a16z, Kraken, and others, has sent a letter to the U.S. Congress calling for the repeal of the IRS's new regulations on DeFi brokers. This rule was urgently introduced before the Trump administration was about to leave office, requiring DeFi brokers to provide information reports similar to those of securities brokers.Senator Ted Cruz has introduced a resolution to repeal this rule under the Congressional Review Act. The industry letter points out that the rule misunderstands DeFi technology, exceeds congressional intent, and suggests using congressional power to rescind the rule before it takes effect to avoid negative impacts on the industry.

ChainCatcher news, according to CoinDesk, Swedish blockchain aviation data network company Wingbits will launch satellites via the SpaceX Transporter-13 mission at the end of February to enhance the data verification capabilities of its decentralized physical infrastructure network (DePIN).The company's CEO Robin Wingardh stated at the Hong Kong Consensus conference that over 2,200 ground nodes have been deployed in more than 90 countries worldwide, tracking approximately 120,000 unique flights daily.Wingbits uses Solana testnet tokens to incentivize data providers, differentiating itself from traditional aviation data companies FlightAware and Flightradar24. The company recently completed a $5.6 million second seed funding round backed by investors including Borderless Capital and Bullish Capital.

ChainCatcher news, former Coinbase CTO Balaji stated that as traditional IPO and merger & acquisition (M&A) paths are obstructed, Security Token Offerings (STO) on the blockchain may become a new avenue for tech companies to raise funds. He pointed out that the SEC's regulatory rules make it difficult for small companies to go public, and the recent tough stance of the Federal Trade Commission (FTC) on large-scale mergers further limits the exit routes for startups. This policy environment may weaken the funding flow and competitiveness of the startup ecosystem.However, he believes that changes in the crypto policy landscape have opened the door for STOs, and the new government's supportive attitude towards cryptocurrencies makes blockchain-based financing models more attractive. STOs can not only reduce the listing costs for small businesses but also provide startups with a source of capital independent of large tech companies. Balaji emphasized that this model aligns with the government's goal of keeping small businesses independent while also offering global investors the opportunity to participate without directly owning control of the enterprise.

ChainCatcher news, Zhao Changpeng replied to a netizen's question on the X platform, stating that he has a pet dog, which is not a Shiba Inu, but a Belgian Malinois. There were multiple same-named memes appearing on-chain for a short time.

ChainCatcher message, The Block co-founder Mike Dudas stated on social media, "The whole point of your meme coins, entertainment, and speculative positions is to distract you from focusing on your core positions. Hold tight to your Bitcoin and Solana. Make a few small trades on the fringe positions to get a feel, but make sure you don't mess up your core positions."

ChainCatcher news, according to Venture Beat, blockchain cloud gaming infrastructure company The Game Company (TCG) has completed a $10 million equity and token round financing, with participation from Telcoin and its CEO Paul Neuner, BullPerks, NodeMarket, HyperCycle, and Singularity DAO.The company stated that over the past two years it has built a platform that allows any game to be played on any device globally via PC or console, utilizing its proprietary ultra-low latency cloud technology to deliver high-performance gaming.

ChainCatcher news, according to Watcher.Guru on the X platform, Musk supports moving U.S. Treasury transactions to the blockchain for complete transparency.