ChainCatcher news, Bybit CEO Ben Zhou responded to the concerns regarding the Launchpool project OIK token dump: "The budget for OIK's launchpool activity was a total of 10 million tokens provided by the project party, of which 3.3 million have been distributed, with over 90,000 users participating in the activity. The launchpool is still ongoing and will conclude on March 19, with 5.7 million tokens yet to be distributed.Bybit has never sold off activity budgets for profit; such market manipulation has serious legal consequences, and the budget is all in hot wallets, which can be audited by any regulatory authority. Currently, it appears that there are indeed large holders selling OIK in the market, and the compliance department is investigating the specific details. In the future, we are considering allowing the community to have a more direct view of our budget situation by using independent wallets to receive project budgets, enabling the community to see everything transparently."It is reported that previously some community users raised concerns: "It is inferred that Bybit is using its own Launchpool as a cash machine. The TGE of SpaceNation, which has been built for a year, was a failure. However, over the past three days, the community has gone from outrage to resentment to questioning and investigation, and has collected some evidence. A community sold less than 5% of the project, yet the project party absorbed an abnormal circulation volume within 30 minutes of the opening."

ChainCatcher news, according to a report from the blockchain data platform Santiment, Tether (USDT) on-chain activity has reached a 6-month high, with over 143,000 wallets conducting transfers on March 11. Analysts believe this may indicate that traders are preparing for a market rebound. Vincent Liu, Chief Investment Officer of Kronos Research, pointed out that traders typically accumulate USDT during market downturns to look for buying opportunities, thereby increasing buying pressure and driving prices up. Additionally, the inflation rate in February dropped to 2.8%, which may create a more favorable environment for the cryptocurrency market.

ChainCatcher news, according to Santiment analysis, since peaking on February 27, the trading volume across the cryptocurrency market has been steadily declining. After further declines in market capitalization over the past two weeks, trader behavior shows a mix of fatigue, despair, and capitulation.The report analyzes that when the trading volume of major cryptocurrencies continues to decline, even during slight price recoveries (as seen on Wednesday), it usually indicates that trader enthusiasm is waning. In this scenario, traders become cautious, suggesting they may not believe the current price increase will be sustained. Essentially, the decrease in trading activity reflects uncertainty, as fewer traders are confident that buying at current price levels will yield profits.The weakening trading volume during a mild price rebound could be an early warning sign of diminishing market momentum. Without strong buying participation, price gains may quickly lose momentum due to a lack of sufficient support to maintain an upward trend, which could lead to any rebound being temporary, with prices susceptible to decline again.To show a healthier and more sustainable recovery, bulls typically hope to see both price increases and trading volume rising simultaneously. Cautious market sentiment may continue to dominate until there is a significant increase in trading activity.

ChainCatcher news, according to The Block, the total transaction fees generated by the Solana network last week were only 53,800 SOL, marking the lowest weekly figure since September 2024.Data shows that the total transaction fees last week decreased by 10% compared to the previous week, an improvement over the past six weeks' average weekly decline rate of 25%. Notably, Solana's weekly transaction fees have dropped by 85% from the historical peak of 361,000 SOL in the fourth week of January (during the $TRUMP and $MELANIA meme coin launches).Since the issuance of $TRUMP, Jito validator tips have also significantly decreased, averaging only $11,300 per day last week, compared to $62,000 per day during the week of $TRUMP's issuance. Similarly, the 7-day moving average of active addresses on the Solana network also fell by 35% during this period. The decline in these fundamental indicators has affected the price of the SOL token, which has dropped by about 50% since January 20.As a major revenue and token generation platform for Solana, Pump.fun has also experienced a similar decline. Last week, an average of only 0.89% of tokens created on Pump.fun "graduated" to Raydium daily, compared to 1.6% in the third week of January. Considering the hundreds of thousands of tokens created daily on Pump.fun, this 0.71% drop is relatively significant.

ChainCatcher news, WEEX exchange has released the progress announcement of the ETH/USDT trading pair K-line anomaly event (III), stating that the platform's 100% full compensation is steadily advancing. As of March 6, 15:00 (UTC+8), compensation has been completed for 2,073 people, with a total compensation amount of 2,579,093 USDT. Meanwhile, to thank new and old users for their trust and support, a special million USDT equivalent WXT gratitude airdrop has been launched.According to previous reports, in addition to full compensation, WEEX will also provide additional compensation of 1 million WXT and 1 million USDT experience funds to users affected by this event and new registered trading users before March 8, 23:59 (UTC+8). Additionally, WEEX has launched the "ETH 8U Purchase" event, offering a cumulative airdrop of 88 ETH to new users who recharge ≥ 8 U before March 9, 23:59 (UTC+8), as well as old users who had trading records from March 4 to 5 and a daily contract trading volume ≥ 5,000 U during this event.

ChainCatcher news, according to official sources, OKX has now launched the EigenLayer series of earning activities, covering the "Learn and Earn" and airdrop reward programs, with a total prize pool of up to 142,500 Eigen tokens.During the event, users can earn rewards by learning about EigenLayer and completing designated staking tasks, while participating in the airdrop activity will also provide additional staking rewards.

ChainCatcher news, according to official information, OKX has now launched the "Contract Martingale Compensation Voucher Carnival Season" event. The event runs from March 3, 2025, 16:00 (UTC+8) to March 17, 16:00 (UTC+8). New users can receive a 10 USDT compensation voucher, with a total prize pool of up to 50,000 USDT, and each user can claim it once.It is reported that for new users of the OKX contract Martingale strategy, according to the event requirements, they must first create any Martingale strategy for SOL/USDT, BTC/USDT, or ETH/USDT and keep the strategy parameters unchanged. If the strategy ultimately does not make a profit, OKX will compensate the losses based on the valid compensation voucher amount. Users must create the strategy within 8 hours of receiving the compensation voucher, otherwise, the voucher will automatically expire and return to the prize pool, and the user will not be able to claim the compensation voucher again.

According to ChainCatcher news and the official announcement, the second phase of the USDD 2.0 20% annualized staking activity will officially launch at 8 PM Singapore time on March 1. Following the successful conclusion of the first phase, this event will continue to collaborate with JustLend DAO and further expand the scope of cooperation by joining more exchanges to provide users with an annualized return of up to 20%.It is understood that the USDD 2.0 decentralized stablecoin features security, transparency, and stability, utilizing secure liquidation, dynamic adjustment of collateral assets, and an advanced risk management system to maintain a 1:1 peg with the US dollar.

ChainCatcher news, according to Cointelegraph, Memecoin fraud is undermining community trust, especially the Libra token incident, leading to a significant decline in Solana user activity. In February, the number of active addresses on the network dropped to an average of 9.5 million per week, down nearly 40% from 15.6 million active addresses in November 2024.As confidence in Solana wanes, cryptocurrencies worth millions of dollars are being transferred from Solana to other blockchains, indicating that potential capital outflows may have a net positive impact on the long-term growth of the blockchain.

ChainCatcher message, according to a report by SlowMist, the security team has detected potential suspicious activities related to the BOLT token. SlowMist reminds users to remain vigilant.

ChainCatcher news, crypto analyst Ali Martinez posted on the X platform that Bitcoin whales were "exceptionally quiet" last week. According to the analysis chart he disclosed, the trading frequency of Bitcoin whales has significantly decreased, with no notable buying or selling activity.

ChainCatcher news, according to Ali's monitoring, Bitcoin whales have been unusually quiet over the past week, with no significant buying or selling activity.

ChainCatcher news, according to official sources, OKX has now launched an IP trading event, which will take place from February 13, 2025, 20:00 to February 27, 2025, 7:59 (UTC+8). During the event, users who deposit and trade IP will have the chance to share a total IP prize pool of 200,000.It is reported that Story is creating a world-class IP public chain, which is an L1 that allows anyone to access intellectual property (IP) assets and convert them into programmable intellectual property.

ChainCatcher news, according to official sources, OKX has launched a dual benefit event. From February 10, 2025, 00:00 to February 21, 2025, 23:59 (UTC+8), if the subscription amount for Shark Fin reaches 10,000 USDT, 3 BETH, or 40 OKSOL, the first 100 eligible users will each receive a dual currency experience bonus of 1,000 USDT. The number of spots is limited and available on a first-come, first-served basis.It is reported that this event is applicable to all existing OKX users and new users who register during the event period, and they must meet two conditions: never having purchased dual currency winning products and never having received a dual currency experience bonus. Participating in the event is very simple; users just need to click the "Participate Now" button to sign up for the event, and then during the event period, subscribe to any principal-protected Shark Fin product according to the event rules to unlock the dual benefits of stable principal-protected returns and a 1,000 USDT dual currency experience bonus.

ChainCatcher message, SlowMist has issued a security warning, detecting potential suspicious activity related to the contract "0xB5486F71...8F47834D90B1B" on the Base chain. This contract has been upgraded to an implementation contract that includes a backdoor function "transferTokens," which attackers use to steal assets from users who previously approved this contract. Users concerned are advised to revoke this contract's authorization as soon as possible.

ChainCatcher news, according to Whale Alert monitoring, a dormant pre-mined address containing 20 ETH has just been activated after 9.5 years of inactivity, worth $53,264.

ChainCatcher message, according to the blockchain security company SlowMist on platform X, scammers are using fake Cloudflare verification pages to lure users into executing malicious code.In addition, a scam activity called "Safeguard" has appeared on Telegram, and users should remain vigilant. SlowMist recommends that users install trusted antivirus software, such as AVG, Bitdefender, or Kaspersky, to enhance security protection.

ChainCatcher news, the Web3 asset data platform RootData tweeted that in the past two months, venture capital activity in the crypto market has sharply declined, specifically as follows:The number of VCs with no venture capital activity increased from 10 to 20;Institutions conducting 1 venture capital activity remain at a low level, with 14 VCs (in the past 2 months) and 10 VCs (in the past 1 month);More than 50% of active venture capital VCs made 0 or 1 investment, indicating extreme caution in the market and risk aversion, suggesting a potential deeper bear market phase ahead.