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Dragonfly Capital founder Feng Bo posted on X: "I rarely speak on X, but this time I want to clarify some facts. When I initially founded Dragonfly, it was a fund of funds. Through this business, I met many very talented venture capitalists, among whom Haseeb Qureshi is undoubtedly the brightest star, which is why I invited him to join me in co-founding our venture capital business.I have been a VC for many years, and in my 30-year venture capital career, Haseeb has built one of the best partner teams I have ever experienced, and he is the backbone of the team. Being able to co-found our venture capital business with Haseeb has been an extremely valuable journey. I also look forward to many more years of working together in the future."According to previous news from ChainCatcher, Dragonfly partners and former co-founders are publicly disputing, with both sides holding differing views on early history and investment leadership.

According to Binance spot data, the market has experienced significant fluctuations. CKB has dropped by 13.3% in 24 hours, and NTRN has dropped by 25.84%, showing a "high and then low" state.In addition, GAS, CELO, KAVA, MDT, and ONG have also shown a "high and then low" state, with declines of 7.9%, 5.45%, 6.68%, 8.26%, and 9.59%, respectively.

According to The Block, Intuit has signed a multi-year partnership agreement with Circle to integrate USDC-based stablecoin payments into its core products, including TurboTax and QuickBooks, to modernize the way this financial software giant handles platform cash flow.Under the agreement, Intuit will access Circle's stablecoin infrastructure to support faster and lower-cost payment processes related to tax refunds, business payments, and other financial services.

ChainCatcher news, on-chain detective ZachXBT revealed that the Steam game BlockBlasters contains malicious code, resulting in approximately $150,000 in cryptocurrency losses. The game has been available for download on the Steam platform for over a month.

ChainCatcher news, according to on-chain data, approximately 16.88 billion WLFI have been transferred to the Lockbox contract, accounting for 16.88% of the total token supply. Based on the pre-market contract price of $0.324, this is estimated to be worth about $5.47 billion.It is reported that the WLFI token will officially begin unlocking at 8 AM Eastern Time on September 1. The related functionality page (Lockbox) is now live. Users need to activate it between August 25 and August 31 in order to receive 20% of the unlocked tokens starting from September 1.

ChainCatcher news, according to on-chain analyst @ai_9684xtpa monitoring, currently out of the total supply of 100 billion WLFI tokens, only 20% is clearly unlocked at TGE from the public sale rounds one and two, with a total of 25 billion tokens sold in the public sale.Assuming all participants have transferred their tokens to Lockbox and activated them, the TGE circulation will be 5 billion tokens (5% of the total supply), which, based on the current Binance contract price of $0.3858, would result in a sell-off of $1.93 billion.However, Tokenomist found that the corresponding share of early presale users in the WLFI smart contract is only 1.843 million tokens (with 6.57 billion tokens not accounted for). If this is true, the TGE circulation under the same conditions will decrease to 3.68 billion tokens, resulting in approximately $1.42 billion in sell-off.As of 8 PM tonight, the WLFI Lockbox contract has received a total of 16.395 billion tokens, meaning only 65.5% of the presale tokens have been activated. Therefore, the actual TGE circulation will ultimately depend on the total number of tokens deposited by investors.Based on the current Binance contract price of $0.3858, the FDV of WLFI is $38.58 billion, which is 1.62 times that of LINK's FDV. DWF Labs previously invested $25 million to acquire 250 million tokens at a cost of $0.1, and is also a market maker at USD1, thus DWF Labs will become the market maker for WLFI tokens.

ChainCatcher news, according to on-chain data, approximately 16.27 billion WLFI have been transferred to the Lockbox contract, accounting for 16.27% of the total token supply, with an estimated value of about 4.83 billion dollars based on the current contract price.The WLFI token will officially begin unlocking at 8 AM Eastern Time on September 1. The related functionality page (Lockbox) is now online. Users need to activate between August 25 and September 1 in order to receive 20% of the unlocked tokens starting from September 1.

ChainCatcher news, according to on-chain analyst Ai Yi (@ai_9684xtpa), there are already 13.35 billion tokens in the WLFI Lockbox contract, worth 3.5 billion dollars.Based on the current price of the WLFI contract at $0.2615, the paper return rate for Phase 1 investors in the public offering is still 16.43 times, while Phase 2 has 4.23 times. Additionally, perhaps influenced by the XPL hedging incident, Hyperliquid WLFI OI (open interest) has decreased by 49% in the last 24 hours, and Binance has also dropped by 5.75%.

ChainCatcher news, the South Korean exchange Bithumb announced that to support the Nervos (CKB) network upgrade, it will suspend CKB deposit and withdrawal services starting from June 30, 2025, at 18:00 (KST) until the network stabilizes. The Bithumb node server is expected to complete the upgrade by July 1, 2025, at 17:00 (KST). During the suspension, trading will not be affected.

ChainCatcher message, Magickbase has released an update on the hacking incident on platform X, and is currently actively cooperating with local law enforcement and partner exchanges to investigate the incident and determine the responsible party. The total amount of affected funds is approximately $3.7 million, of which about $3.1 million is on the Ethereum chain and about $600,000 is on the BNB Chain. For security reasons, the Force Bridge (ETH/BSC to CKB bridge) has been temporarily disabled.

ChainCatcher news, the well-known crypto media BlockBeats has now integrated the RootData API, consolidating investment and financing information into its product services, providing readers with more timely and accurate investment and financing data. At the same time, RootData has also integrated BlockBeats' news information into its project pages, further enriching the sources and quality of project information. Through this collaborative effort, RootData and BlockBeats can create a higher quality information and data ecosystem for the industry, providing more precise market signals to help users make wiser investment choices in the rapidly changing crypto market.BlockBeats was established in 2018 and is a leading crypto industry media outlet in the Chinese internet, with over 10 million users across the web. Its website and app users cover several important markets outside of Greater China, including Vietnam, South Korea, Japan, the Philippines, Singapore, Malaysia, Turkey, the UAE, and Saudi Arabia, with a global influence.RootData is a crypto asset data platform that has recorded over 16,000 projects, 10,000 investors, 13,000 individuals, and 8,800 financing rounds, presenting data in a highly visual and structured manner. It has become an essential data platform for over 2 million Web3 users to discover early alpha projects and make investment decisions.

ChainCatcher news, according to Fortune, the crypto dining app Blackbird has completed a $50 million Series B funding round, led by Spark Capital, with participation from Coinbase, a16z crypto, Union Square Ventures, and Amex Ventures. The company's founder, Ben Leventhal, stated that he raised this funding in the fourth quarter of 2024, but only disclosed it recently, while he declined to reveal the implied valuation of this round.Since 2022, Blackbird has raised a total of $85 million in funding.

ChainCatcher news, the RWAFi platform BrickBank has officially announced its rebranding to R2 Protocol. It is reported that R2 aims to create a new generation of stablecoin yield protocols, integrating RWA (real-world assets), TradFi (traditional finance), and DeFi (decentralized finance) to achieve efficient linkage and comprehensive empowerment of on-chain and off-chain funds.The core product of the R2 protocol is its upcoming yield-bearing stablecoin R2USD. This stablecoin will serve as the value hub within the system, combining stability and yield, and will engage in deep cooperation with compliant traditional financial institutions, aiming to provide users with a new on-chain asset yield experience of "stability + appreciation."According to official sources, R2 will officially launch its testnet in early April, at which time users can deeply experience the core functions of the protocol and have the opportunity to receive early participation rewards.

ChainCatcher news, according to Bitcoin.com, Lockbit ransomware developer Rostislav Panev has been extradited to the United States and is currently detained awaiting trial. According to charges from the U.S. Department of Justice, he has been a programmer for the software since 2022 and has received approximately $230,000 in cryptocurrency transfers. With servers being seized and associates pleading guilty, Lockbit may face further blows, but key figures such as the organization's leader Dmitry Khoroshev remain at large.It is reported that Russian citizen Ruslan Magomedovich Astamirov and dual Canadian and Russian national Mikhail Vasiliev have also been identified as members of the Lockbit organization. They were arrested in 2023 and 2022, respectively, and could face up to 25 years and 45 years in prison.

ChainCatcher News, March 16 - 23, 2025 - The first stop of the Rock Web5 Movement: Nantang CodeCamp is about to begin. This CodeCamp is dedicated to redefining the relationship between people and technology with technology, returning to the original intention of blockchain.We invite global developers to answer the questions of the times with code------how to build the future of people and technology between openness and efficiency, censorship resistance and inclusiveness? Together, we will explore the boundaries of the integration of Web2 and Web3, focusing on emerging scenarios and the combination with digitalization; based on the tools provided by CKB, we will develop Web5 applications that solve real problems while maintaining technological ideals.During the event, there will also be rich thematic sharing, Unconference free discussions, local development, Demo Day showcases, and more.