ChainCatcher news, according to Decrypt, Flashnet and Brale plan to launch a Bitcoin-native USD stablecoin USDB in collaboration with Magic Eden this summer, which will be supported by the Bitcoin Layer 2 network Spark. Magic Eden will assist in distributing USDB and supporting the stablecoin on its NFT platform.

ChainCatcher news, according to @pandajackson42's data dashboard, on June 15th, Binance Alpha's trading volume continued to fall below the $1 billion mark, reporting $777 million, a continuous decline since June 8th.Yesterday, ZKJ trading volume was $417 million, KOGE trading volume was $91.72 million, and AB trading volume was $65.69 million, leading the list.

ChainCatcher news, according to on-chain analyst @ai_9684xtpa, the flash crash of ZKJ and KOGE tonight may have been a long-planned harvesting operation. Three main addresses applied dual pressure through "large liquidity withdrawals + continuous selling," causing ZKJ and KOGE to crash in succession:Address 0x1A2...27599Withdrawn 61,130 KOGE (approximately $3.76 million) and 273,017 ZKJ (approximately $532,000) in two transactions at 20:28:21 and 20:33:15.Converted 45,470 KOGE to ZKJ between 20:28:58 and 20:36:57, worth $3.796 million, during which KOGE's on-chain transaction volume saw a significant increase.Sold 1.573 million ZKJ for USDT and BNB between 20:30:57 and 20:59:49, worth $3.052 million, with an average selling price of $1.94.At this point, both KOGE and ZKJ experienced slight stepwise declines but did not crash.Address 0x078...8bdE7Withdrew 33,651 KOGE (approximately $2.07 million) and 709,203 ZKJ (approximately $1.38 million) at 20:30:33.Converted 36,814 KOGE to ZKJ between 20:31:10 and 20:58:18, worth $2.26 million.Sold 1 million ZKJ between 20:35:15 and 20:37:34, worth $1.948 million, with an average selling price of $1.948.The "relay-style dumping" from this address finally pushed the price of KOGE to drop rapidly.Address 0x6aD...e2EBbReceived 772,759 ZKJ, worth $1.5 million, transferred from address 0x078...8bdE7 (the previous dumping address) at 20:41:55.Cleared out 772,000 ZKJ between 20:42:28 and 20:50:16.The third address mainly played a supporting role, further catalyzing the decline of ZKJ after the crash of KOGE, completing the harvesting of both tokens' LP and holders.Finally: The three addresses mentioned here are the main driving addresses, and in fact, more "supporting addresses" at the level of hundreds of thousands of dollars have been identified, but they will not be elaborated on here, as the dumping methods are similar.

ChainCatcher news, 1inch Labs officially announced the launch of its self-developed algorithm Pathfinder upgrade. The new Pathfinder algorithm can improve the exchange rate by 6.5% and achieve up to 6% Gas cost optimization compared to other DeFi aggregators, making on-chain transactions more efficient and smoother.

ChainCatcher news, according to the official announcement, Binance Wealth Management, One-Click Buy, Flash Exchange, Leverage, and Contracts will launch KernelDAO (KERNEL). The KERNEL principal-protected earning product will be available on the Binance principal-protected earning platform for subscription starting from April 14, 2025, at 20:00 (UTC+8).Binance's full-position and isolated-margin leverage will add KERNEL as a borrowable asset on April 14, 2025, at 20:20 (UTC+8), along with KERNEL/USDT and KERNEL/USDC full-position and isolated-margin trading pairs, supporting up to 75x leverage.

ChainCatcher message, Binance's official announcement states that it has noticed significant price fluctuations in the MANTRA token OM. Preliminary investigations reveal that the fluctuations over the past day were primarily triggered by cross-exchange liquidations.Since October of last year, Binance has implemented several risk control measures for the OM token, including reducing leverage levels. Binance will continue to monitor leverage levels and make adjustments based on market conditions to strengthen risk control and help reduce volatility.Since January of this year, Binance has also enabled pop-up notifications on the spot trading page for OM, reminding users that the token's economic model has undergone significant changes and that the supply has increased.Binance will continue to closely monitor the situation and take appropriate actions to protect user interests and maintain the stability and fairness of the platform.

ChainCatcher message indicates that, according to SoSoValue data, the encrypted market sector has experienced a widespread decline. Notably, the native token of MANTRA, OM, has plummeted by 85.56%, leading to a 24-hour drop of 44.93% in the RWA sector. The official response from MANTRA stated that the decline was caused by "disorderly liquidation" rather than the actions of the project team. Meanwhile, the cryptocurrency sector index reflecting the historical market performance shows that the ssiRWA index has dropped by 48.90% in the last 24 hours.Additionally, Bitcoin (BTC) has decreased by 1.41% in the last 24 hours, briefly falling below $84,000. Ethereum (ETH) is down by 0.25%, but remains above $1,600.In other sectors, the PayFi sector has dropped by 1.12% in the last 24 hours, while Bitcoin Cash (BCH) and Litecoin (LTC) have risen by 6.18% and 2.12%, respectively. The Layer1 sector has decreased by 1.47%, with TRON (TRX) rising against the trend by 4.18%. The CeFi sector has fallen by 1.65%, and the Meme sector has dropped by 1.82%, although Pepe (PEPE) has shown resilience, increasing by 3.39% in 24 hours. The Layer2 sector has decreased by 2.92%, and the DeFi sector has fallen by 3.05%, but Uniswap (UNI) and Sky (SKY) have risen by 2.20% and 2.54%, respectively.

ChainCatcher news, Zhao Changpeng suggested investors on platform X this morning after the drop of OM, "Do not chase narratives. Stick to the fundamentals: projects with users, revenue, and profit." In response to the community's concerns about "the flash crash of OM, whether Binance has conducted proper due diligence," Zhao Changpeng reiterated that CEX should no longer have a listing process, and investors should decide on their own trading pairs.

ChainCatcher news, according to CryptoSlate, the Bank of Canada released an internal research discussion paper on March 21, analyzing flash loans and their policy relevance and potential risks. The research report defines flash loans as blockchain-native financial instruments that allow users to borrow crypto assets without collateral, provided that the loan must be repaid within a single atomic transaction.It is noteworthy that such internal discussion papers represent the central bank's comprehensive research outcomes on important issues and fall within the broad responsibilities of the Bank of Canada to assess the impact of emerging technologies on financial stability and market structure.Report author Jack Mandin points out that although flash loans are currently limited to blockchain networks, their underlying concept could extend to tokenized financial infrastructure if technical conditions are met. Such concepts include atomic risk-free lending, which could give rise to new systems supporting atomic transactions and programmable assets. The research also raises concerns about financial stability. If financial institutions begin to integrate smart contract lending, it could directly trigger risks.Furthermore, when blockchain assets (including those involved in flash loan activities) are embedded in traditional financial products (such as exchange-traded funds), it may create systemic risks.

ChainCatcher message, CertiK issued an alert that it detected an exploit incident involving flash loans and the NFT market. The suspicious transaction contains complex logical operations on a certain protocol. CertiK stated that the impact of this incident is the exploitation of NFT market logic, but it will not directly deplete funds. Projects with delegated quoting logic should remain vigilant and check access permissions and validation checks.

ChainCatcher message, in response to a proposal on asset tokenization model sent to Zhao Changpeng by a certain user, Zhao Changpeng stated: "I am not interested in fancy models. And I never buy ideas. Ideas are worthless. Execution is key. Here is a passage I wrote before: My investment philosophy includes three key principles: 1. Focus on fundamentals: Pay attention to the essence, which includes product, user growth, revenue/profit, and the strength of the team. 2. Long-term bets, get in early and hold: Early adopters often reap disproportionate rewards, and the best approach is to hold investments for the long term, as significant successes like Amazon or Google develop over time. 3. Invest in mission-driven founders: Invest in founders and teams with a vision beyond profit; great companies stem from mission-driven thinking, as founders who focus solely on money often waver after achieving moderate success."

ChainCatcher news, according to the official announcement, Binance Flash Exchange has launched the Flash Investment feature --- this feature is an upgraded version of regular investment, allowing users to create investment portfolios and automatically trade based on their custom preferred frequency. With zero trading fees, users can leverage this new feature to adopt the Dollar-Cost Averaging (DCA) method, steadily accumulating wealth while reducing risk.

ChainCatcher news, encrypted KOL and former FTX community partner Benson Sun analyzed in a social media post, "Today at 18:30, ACT suddenly crashed by 50%. The reason is that Binance adjusted the leverage position limit for ACT, allowing a maximum of $4.5 million in positions with 1x leverage. Some market makers' positions exceeded the limit and were directly liquidated at market price. After the contract price collapsed, there was a huge price difference with the spot market, causing the spot market to crash as well.Binance announced the change at 15:32 on April 1, with an effective time of 18:30 on April 1, giving users less than 3 hours to react. Even more outrageous is that Binance had already announced a modification to the ACT position limit on March 31, and on April 1, they cut the position limit for low leverage by another 50%.Before modifying the rules, Binance should assess how many positions would be liquidated. If there are large positions from market makers, they should also be notified in advance. As an industry leader, we hope Binance can handle this incident properly."

ChainCatcher news, according to official sources, MEXC has launched Corn (CORN) in the innovation zone on March 28, 2025, at 18:02 (UTC+8), and opened the CORN/USDT trading market. The CORN/USDC trading market will open at 18:12 (UTC+8). On the same day at 18:03, the CORN U-based contract was launched, supporting 1-50x leverage, with both full position and isolated position modes.On March 28 at 19:02 (UTC+8), the CORN swap function will be launched, allowing users to seamlessly and in real-time exchange with other assets.To celebrate the launch of Corn (CORN), MEXC has introduced the Corn (CORN) Airdrop+ event, with a total prize pool of 149,000 USDT.The event has already started and will end on April 6, 2025, at 19:00 (UTC+8).

ChainCatcher news, according to official information, MEXC will launch DeepLink Protocol (DLC) in the innovation zone on March 18, 2025, at 20:00 (UTC+8) and open the DLC/USDT trading market. On the same day at 20:10 (UTC+8), the DLC U margin contract will be launched, supporting 1-50x leverage, with both full position and isolated position modes. On March 19 at 18:00 (UTC+8), the DLC instant exchange feature will be launched, allowing users to seamlessly and instantly exchange with other assets.To celebrate the launch of DeepLink Protocol (DLC), MEXC has launched the Airdrop+ event, with a total prize pool of 16,000,000 DLC and 149,000 USDT. Event duration: March 17, 2025, 18:00 -- March 27, 2025, 18:00 (UTC+8).

ChainCatcher message, Bitget's flash exchange feature has been upgraded. This optimization further enhances the accuracy of quotes and significantly increases the single transaction limit.After the upgrade, the trading range for regular currency pairs in the flash exchange has been adjusted to 2 USDT - 50,000 USDT, and the maximum exchangeable amount for mainstream currency pairs like BTC and ETH is now 300,000 USDT, providing users with a more flexible and efficient trading experience. Please update to the latest version to experience the optimized features.

ChainCatcher message, according to official news, MEXC will launch Space Nation (OIK) in the innovation zone on March 12 at 18:00 (UTC+8) and open the OIK/USDT trading market. The deposit function for OIK is now open, and the withdrawal function will be available on March 13 at 18:00 (UTC+8). In addition, the OIK flash exchange function will also go live on March 13 at 18:00 (UTC+8).To celebrate the launch of Space Nation (OIK), MEXC has launched an Airdrop+ event to share 650,000 OIK and 50,000 USDT. The event will run from March 11, 2025, 18:00 to March 21, 18:00 (UTC+8).