ChainCatcher message, regarding "Morpho lost about $230,000 due to oracle configuration errors," Morpho responded in a post on X stating: "The protocol provides permissionless infrastructure, creating an open market for risk curation. While errors may occasionally occur in risk management, the underlying protocol remains secure and resilient. We will continue to equip curators with powerful tools to reduce the likelihood and impact of such occurrences."

ChainCatcher news, the decentralized underlying protocol focused on AI, KIP Protocol, has recently announced that its Genesis Blind Box event is about to go live.It is reported that the Genesis Blind Box will come with an airdrop attribute. Users who participated in the KIP Cycle event will have the opportunity to obtain the Mint qualification for the Genesis Blind Box. Currently, the Cycle event has progressed to the 13th phase.KIP Protocol is a decentralized underlying protocol built for AI app developers, model creators, and data owners, and it is the first underlying protocol to support a decentralized RAG framework. KIP aims to build a new AI business ecosystem to address the problems and challenges faced in decentralized AI deployment, ensuring that everyone can enjoy the economic benefits brought by AI while retaining complete digital ownership. For more details, visit the official Chinese community.

ChainCatcher news, focusing on the AI-based Web3 underlying protocol KIP Protocol has completed a strategic round of financing, led by Animoca Ventures, with participation from B.Army (Vietnam), CSP DAO (Europe, Middle East, and Africa), MQdao, Spicy Capital (Latin America), Skyvision Capital (Hong Kong), and Purechain Capital (UK).It is reported that KIP Protocol is a decentralized Web3 protocol layer built by AI models, applications, and data owners, enabling secure transactions and monetization in Web3. KIP will establish a new AI business ecosystem to address the issues and challenges faced in decentralized AI deployment, ensuring that valuable knowledge and data can be protected and monetized as knowledge assets, allowing interaction with artificial intelligence without losing digital ownership.The first dApp on KIP Protocol is planned to be launched in the first or second quarter of 2024.