inverse

According to Bloomberg, AI research institution DeepSeek plans to lead the seed round financing for robotics AI startup Winverse AI, with an investment amount reaching tens of millions of dollars. Winverse AI was founded by a former top AI scientist from Tencent and is currently still in a low-profile operational stage.In addition to DeepSeek, investors such as Long-Z Investments, an investment institution under Meituan, also participated in this round of financing, bringing the company's valuation to approximately 400 million dollars. DeepSeek will utilize its over 12 billion dollars in financing funds to support this investment, betting on the rapidly growing field of artificial intelligence and robotics technology. This investment indicates that DeepSeek is further expanding from large model research and development into the field of embodied intelligence and robotics AI.

The blockchain verification and auditing platform Assure DeFi announced that it will cease operations and will no longer accept new business. The company stated that it has completed verification for over 1,500 projects, involving a total project value of over $2 billion.Existing KYC and audit records will remain valid and will continue to be publicly accessible after the closure. The team stated that in the future, they will focus their main efforts on their artificial intelligence agent team business, Brainverse.

According to BlockSec monitoring, Inverse Finance is suspected of suffering a loss of approximately $240,000 due to an attack. YAM Finance responded in a post on platform X, stating that this incident is not a vulnerability in the Inverse contract, but rather related to the LlamaLend mechanism.According to their explanation, the attacker initiated a "donation attack" on sDOLA on LlamaLend, driving the price from about 1.188 sDOLA = 1 DOLA up to about 1.358 sDOLA = 1 DOLA, and subsequently liquidated almost all user positions that had crvUSD borrowed against sDOLA as collateral. It is still unclear why the increase in collateral value triggered liquidations, as it should logically keep users away from the liquidation line rather than bring them closer.It is worth noting that the "secondary effects" of this price anomaly are still ongoing. As a result, users who did not engage in leveraged operations on LlamaLend and only held sDOLA have seen their paper profits increase by about 14%. Additionally, DOLA is currently trading at about a 1% discount in the secondary market compared to its pegged value, and some community members suggest that borrowing users consider repaying their DOLA debts during this discount phase.

According to BlockSec monitoring, Inverse Finance is suspected to have been attacked, resulting in a loss of approximately $240,000.The incident may involve DOLA price manipulation, leading to multiple users being liquidated. Currently, BlockSec has contacted the relevant team but has not yet received a response.

ChainCatcher message, according to the Web3 asset data platform RootData X tracking data, in the past 7 days, the decentralized lending protocol Inverse Finance has been the project with the most unfollows from top figures on X (Twitter), with new unfollowing X influencers including Mr. Block (@mrblocktw).

ChainCatcher news, according to CoinDesk, exchange-traded fund issuer Teucrium announced plans to launch an inverse XRP ETF to allow investors to profit from a decline in XRP prices, but a demand assessment is required.In addition, Teucrium has launched the first XRP exchange-traded fund in the U.S., the Teucrium 2x Long Daily XRP ETF, which aims to provide double the daily return of XRP through swap agreements and uses European exchange-traded products as a reference rate.

ChainCatcher news, Bloomberg's senior ETF analyst Eric Balchunas posted on the X platform that the 2x inverse Ethereum ETF is nearly the best-performing exchange-traded fund of the year to date, second only to the 3x gold miner ETF.Currently, ETHD (up 176.18%) and ETQ (151.17%) rank second and third, respectively.

ChainCatcher news, according to Ming Pao, the Hong Kong Securities and Futures Commission (SFC) has previously approved the listing of exchange-traded funds (ETFs) for Bitcoin and Ethereum futures and spot trading. When asked whether it would consider allowing the launch of leveraged and inverse (L&I) ETFs for virtual currencies, SFC Chief Executive Officer Ashley Alder responded that the volatility of the relevant assets would be taken into account, and if their volatility is not significant, the approval for the issuance of related leveraged and inverse products would be considered.Alder also mentioned that the SFC will soon issue a circular allowing issuers to launch ETFs with alternative investments as assets, which will include relevant investor protections.

ChainCatcher news, The ETF Store President Nate Geraci made his prediction on the X platform, stating that we will see an application in the next two months for a "BTC-denominated inverse market cap weighted S&P 500 ETF."

ChainCatcher news, according to Cointelegraph, the price of XRP has increased by 232% in the past 30 days, and its on-chain metrics also indicate a positive recovery for XRP. Data from xrpscan shows that the number of active accounts or unique senders on the XRP network rose from 15,592 on November 1 to 47,044 on November 16. The total number of active accounts in November has doubled on average (an increase of 100%), rising from around 12,000 to 25,000 this month. Similarly, the number of new accounts activated on the XRP ledger in November has also significantly increased, indicating a large influx of new users onto the network.Analysts believe that the current target price for XRP may be between $1.95 and $2.05, but it is important to note that since November 16, the price and trading volume of XRP have shown an inverse correlation, suggesting that XRP is undergoing a distribution phase, and market traders may be looking to sell.

ChainCatcher news, according to Bloomberg, the CEO of China Southern Asset Management Company (CSOP) stated that the first cryptocurrency-linked inverse ETF in the Asia-Pacific region will be launched on Tuesday morning in Hong Kong------CSOP Bitcoin Futures Daily (-1x) inverse product.It is reported that an inverse ETF, also known as a short ETF or bear ETF, is an exchange-traded fund that uses leveraged investment tools such as index futures and swap contracts to achieve a daily tracking of the target index's returns at an inverse multiple (such as -1x, -2x, or even -3x).

ChainCatcher news, Tuttle Capital has applied to the U.S. Securities and Exchange Commission (SEC) for six new Bitcoin exchange-traded funds (ETFs). On January 3, Tuttle Capital submitted three separate N1-A filings to the SEC. The proposed structure of the Bitcoin ETFs is designed to provide leveraged and inverse investment options based on the performance of a reference spot Bitcoin ETF, which is still pending SEC approval.The six ETFs proposed by Tuttle Capital include T-REX1.5X, 1.75X, and 2X long spot Bitcoin daily target ETFs, as well as T-REX1.5X, 1.75X, and 2X inverse spot Bitcoin daily target ETFs. These funds aim to provide daily leveraged or inverse results, magnifying the performance of their reference spot Bitcoin ETF by 150% to 200%.The effective date for these ETFs is set for March 18. As of now, Tuttle Capital has not disclosed the specific stock codes or management fees for these ETFs.

ChainCatcher news, according to Lookonchain data monitoring, Curve founder Michael Egorov has once again sold 7.5 million CRV through OTC and repaid 3 million USDT on Aave.Currently, he still holds a loan of 82.6 million dollars, which includes 51.24 million USDT on Aave, 12 million MIM on Abracadabra, 9.19 million FRAX on Fraxlend, 9.4 million DOLA on Inverse, and 740,000 XAI on Silo.

ChainCatcher news, according to Bitcoin.com, Web3 game studio SinVerse Studios has secured a multi-million dollar investment from [DWF Labs](https://www.rootdata.com/zh/Projects/detail/DWF Labs?k=NDA3NQ==), with the specific amount undisclosed. Through the strategic partnership and investment from DWF Labs, SinVerse Studios plans to develop the Web3 gaming console The NFT Cube. (Source link)