honey

The developer of the Bitcoin yield platform HoneyB, Nectar Group, has completed a $5 million seed round financing, led by Portal Ventures, with participation from Peer Venture Partners, Anchorage Digital Ventures, an unnamed family office, and angel investors. Co-founder and CEO Josh Gordon stated that this round of financing uses a Simple Agreement for Future Equity (SAFE) plus a one-to-one token warrant structure, with a post-investment valuation of $30 million, and none of the investors received board seats or advisory positions.HoneyB aims to help Bitcoin holders earn yields on their holdings. In its first strategy, users borrow stablecoins using Bitcoin as collateral and then invest them in yield strategies involving U.S. Treasuries, fixed income, credit, gold, volatility, and options. The Bitcoin collateral can be held through on-chain smart contracts or by a tripartite arrangement consisting of borrowers, lenders, and custodians, with Anchorage Digital and BitGo providing custody services. HoneyB has also deployed infrastructure on Ethereum, Sui, Solana, and Arch Network. Gordon stated that the underlying investment products target an annualized return of about 10%, and HoneyB aims to provide users with an annualized return of about 2% to 4% on their Bitcoin holdings after deducting borrowing costs and fees.The first strategy will use a fund under Simplify Asset Management, which manages approximately $13.5 billion in assets, with Alphaledger responsible for managing and tokenizing the fund, and Amber Capital SPC as the issuer. Gordon named Bitwise, Lombard, Solv, and Sentora as competing platforms, noting that HoneyB's differentiation lies in integrating custody, lending, and investment services on the same platform, allowing institutional partners to offer their products under their own brand. HoneyB plans to launch in the fourth quarter of 2026, with its first product aimed at institutional investors outside the U.S., followed by plans to launch institutional products in the U.S. and retail products expected in the first quarter of 2027. Its business model involves charging a platform fee on deployed funds, and this round of funding will be used for product development, custody and financing integration, legal compliance, and distribution. Nectar was established in October last year and currently has more than 12 employees.

Honeypot Finance founder and early investor in RootsFi, Wilson, stated that Pons reached an annualized revenue speed of 100 million dollars within two months, ranking first on related lists. Wilson reflected on his experience meeting Ozzy at Berachain and investing in RootsFi, stating that Ozzy's sincerity, technical ability, and resilience were the reasons for early support.Wilson indicated that Pons is built on the Robinhood Chain, and its V2 design allows new tokens to trade on a bonding curve first, and after meeting conditions, enter the permanently locked liquidity Uniswap V4 pool, with the priced assets being either native ETH or ERC-20 approved by Pons. He believes this mechanism creates a convergence point for meme culture and stock tokens, and stated that he will continue to support Ozzy, optimistic about Pons's future development on the Robinhood Chain.

Honeypot Finance announced the completion of its acquisition of the decentralized lottery protocol Play402. Play402 features low-cost participation, instant draws, and on-chain verifiable mechanisms, allowing users to pay 1 USDC to receive 100 tokens and a chance to enter the prize pool draw.This acquisition will complement Honeypot Finance's product landscape beyond liquidity, trading, token issuance, and on-chain infrastructure, and explore programmable rewards and interactive on-chain applications. Honeypot Finance stated that the integration direction of Play402 with its existing technology will be announced in subsequent announcements.

The Berachain Foundation announced that its stablecoin HONEY has completed a rebranding and is now named Bera USD (BUSD). The contract address and the token itself remain unchanged, with only the name and symbol being modified.Due to the token name participating in the EIP-712 domain separation design, permits or off-chain authorizations originally signed based on the HONEY name will automatically become invalid and need to be re-signed.Berachain stated that the BUSD-related updates will soon be fully launched across various integration partners, and more updates will be released in the future.

Bitcoin News posted on the X platform that new community honeypot tests show that attackers are still prioritizing wallets that are most easily exploited due to the Coldcard Mk3 RNG vulnerability.Researcher @ColeTU injected funds into 5 affected Mk3 wallets: 1 using only the vulnerable mnemonic, 3 protected by BIP39 passphrases of 1, 2, and 3 words respectively, and another using a random account number. After 14 hours, only the unprotected wallet using just the mnemonic had its funds transferred away. According to @jamesob's real-time tripwire dashboard, currently only 2 out of 17 honeypot wallets have been emptied. The emptied wallets have been confirmed not to have added extra entropy, while all wallets protected by dice rolls, passphrases, multisig, or other complexities remain untouched.The test results indicate that attackers are currently focusing on the wallets that are easiest to brute-force rather than investing resources in strengthening targets, but affected users should still migrate their funds immediately instead of relying on temporary protections.

According to Bitcoin News monitoring, a new real-time dashboard is mapping the ongoing exploitation of the COLDCARD vulnerability in real-time. @jamesob is deploying honeypot wallets and gradually increasing additional entropy, including dice rolls and mnemonic phrases, to measure the current brute-force cracking boundaries.The control wallet with an additional entropy value of 0 was emptied in 1 hour and 18 minutes. The project's goal is to determine the types of wallets that attackers can currently crack and how this capability changes over time.

The cross-chain interoperability platform Relay Protocol has issued a warning, stating that since the launch of the Ethereum Layer 2 network Robinhood Chain based on Arbitrum on July 1, a large number of honeypot scam tokens have emerged. After users purchase these tokens, they automatically disappear from their wallets, and the funds cannot be recovered. Relay Protocol clarified that this is not due to a breach of wallet infrastructure; users' private keys and other assets remain secure, and the malicious logic exists only within the scam token contracts themselves.The typical operation of honeypot tokens allows users to buy in but prevents selling through hard-coded rules, or automatically transfers funds to the attacker's wallet. Some users have reported that a certain token contract uses hidden storage mappings to bypass standard ERC-20 security checks to steal assets.Relay Protocol stated that it is blocking discovered scam tokens and verifying safe tokens, advising users to only trade tokens verified by trusted sources, to verify contract addresses before trading, and to test with small amounts of funds first. The platform pointed out that attracting scammers in the early stages of a new chain launch is not an issue unique to Robinhood Chain; similar situations have occurred with other L1 and L2 chains upon their launch.

According to the official announcement, the Gate TradFi stock section has launched 57 contracts for difference trading pairs including BLSH (Bullish), HON (Honeywell), SOFI (SoFi Technologies), HPE (Hewlett Packard Enterprise), TGT (Target), BE (Bloom Energy), LRCX (Lam Research), CL (Colgate), BEN (Franklin Resources), ACN (Accenture), OKLO (Oklo), STRL (Sterling Infrastructure), WPM (Wheaton Precious Metals), CLSK (CleanSpark), CIM (Chimera Investment), UMC (United Microelectronics), TRMB (Trimble Navigation), TLN (Talen Energy), HUT (Hut 8 Mining), BITF (Bitfarms), PEG (Public Service Enterprise Group), ISRG (Intuitive Surgical), CRCL (Circle Internet), CLS (Tianhong Technology), VRT (Vertiv), UPS (United Parcel Service), CRDO (Credo Technology), DLTR (Dollar Tree), EQR (Equity Residential), IP (International Paper), BLK (BlackRock), MAT (Mattel), ASML (ASML), USB (U.S. Bancorp), OKTA (Okta), LAC (Lithium Americas), TQQQ (ProShares UltraPro QQQ), TTWO (Take-Two Interactive Software), AALG (American Airlines), AMD (Advanced Micro Devices), TRV (The Travelers Companies), BRKB (Berkshire Hathaway), TTD (The Trade Desk), EXPE (Expedia), MFA (MFA Financial), DELL (Dell Technologies), CDNS (Cadence Design Systems), GILD (Gilead Sciences), PM (Philip Morris), APP (AppLovin), COP (ConocoPhillips), WBD (Warner Bros. Discovery), BHP (BHP Group), CEG (Constellation Energy), VST (Vistra Energy), FCX (Freeport-McMoRan), and VRTX (Vertex Pharmaceuticals), supporting 4x fixed leverage.In addition, the Gate TradFi stock section will launch a new asset carnival from March 31 at 17:00 to April 10 at 17:00 (UTC+8). During the event, users who sign up will receive 30 USDT and can share a prize pool of 100,000 USDT by participating in the trading of newly launched assets, with a maximum individual reward of 3,100 USDT.

According to Chainwire, the Web3 value collaboration network Boings.ai, aimed at the AI era, announced the completion of its seed round financing with a valuation of $30 million. This round was led by Honey Capital, with participation from LandScape Capital, Hotcoin Labs, Starbase, and Go2Mars Labs.The new funds will be used for global expansion of the platform, growth of the user ecosystem, and the introduction of DAO partners, as well as to accelerate the development of its AI-driven matching engine.Boings.ai is a task launch platform that empowers "super individuals" to instantly convert skills into on-chain value. The platform is built on the BNB Chain and is supported by the 402 protocol.

According to the latest on-chain data, the integrated all-in-one liquidity hub Honeypot Finance's order book model perpetual contract (Perp DEX) has surpassed a cumulative trading volume of 20 million USD since its launch. This marks the platform's transition from a single trading product to a new phase of "Integrated Liquidity Hub" with multi-module collaboration.Meanwhile, the total trading volume across the Honeypot Finance platform has exceeded 100 million USD, with spot trading volume exceeding 89 million USD, approximately 51,000 cumulative active users, and a total of 1.7 million transactions.In terms of product planning, Honeypot Finance plans to launch an AMM-based perpetual contract product in the first quarter of 2026, along with user-oriented quantitative yield strategies, aiming to lower participation thresholds, enhance liquidity allocation flexibility, and further adapt to the derivative trading needs of long-tail assets and the Meme market.Honeypot Finance is continuously building a liquidity operating system for the DeFi world, allowing liquidity to be efficiently reused and amplified across trading, vaults, and ecosystems.

According to official news, Tether announced a strategic partnership with HoneyCoin, one of the fastest-growing fintech platforms in Africa, aimed at accelerating the adoption of digital assets in Africa.HoneyCoin provides innovative solutions that support low-cost value storage, transfers, and exchanges globally. The company is addressing long-standing issues in cross-border payments, such as high costs, delays, and inefficiencies, by combining blockchain technology with traditional financial infrastructure.As part of the collaboration, HoneyCoin will launch a cashless POS platform that supports USDT payments, allowing merchants to directly accept stablecoin payments at the checkout. This initiative will expand payment options for consumers while helping merchants increase sales and improve customer experience.Additionally, HoneyCoin will integrate USDT into its expanding ecosystem, enabling merchants to conduct online and offline payments at lower costs across Africa and globally, thereby promoting the development of trade and payment activities.

According to data from DeFiLlama, the order book model Perp DEX launched by the integrated all-in-one liquidity hub Honeypot Finance has seen on-chain trading volume surpassing 10 million USD. This Perp DEX entered stable operation on November 23, and currently, the number of users, open positions, and fee income are all on the rise.It is reported that the order book model Perp DEX launched by Honeypot Finance aims to enhance trading efficiency and market depth. The protocol supports a multi-chain architecture and employs a tiered vault (Senior/Junior Vaults) risk control mechanism to improve capital utilization efficiency. In addition, the protocol plans to introduce perpetual contract trading features in AMM mode in the future.Currently, Honeypot Finance is gradually accumulating users and trading volume in the DeFi derivatives market with its order book engine and liquidity aggregation mechanism. With the further improvement of the hybrid model of order book and AMM, the project is expected to further expand cross-chain liquidity services.

The integrated liquidity hub Honeypot Finance officially launches a new cross-chain and CEX asset transfer feature, aimed at allowing users to deposit assets from any chain or mainstream exchanges (such as Binance, Coinbase, Bybit) to Honeypot with one click, or withdraw from Honeypot to a specified chain address or exchange account.Key highlights of this upgrade include:One-click On-Ramp: Supports direct deposits from any public chain and mainstream CEX to Honeypot.One-click Off-Ramp: Allows users to directly transfer assets from Honeypot to any public chain or exchange.Honeypot Finance states that this feature aims to reduce the operational complexity for users when using DeFi products, achieving seamless and instant transfers of funds between chains, CEX, and DeFi.

Honeypot Finance announces the completion of its upgrade from AMM perpetuals to Full-Stack Perpetuals DEX, while launching Orderbook Perpetuals, supported by cross-chain deep liquidity from Orderly Network.This upgrade signifies that Honeypot has entered the era of dual execution engines:The order book model is now live (with BSC / Berachain / Base synchronized support);The AMM model will be launched soon, continuing the protocol's native layered vaults (Senior/Junior Vault) and fair liquidation process.Unlike single-route perp DEXs like Hyperliquid, GMX, and Lighter, Honeypot's Full-Stack structure can maintain transactions during high volatility and achieve risk isolation and stable returns through Oracle-Bands and ERC-4626 layered vaults.The Honeypot team stated: "This marks the transition of on-chain perpetuals from a single-engine to an infrastructure-level multi-execution model."

Berachain co-founder Smokey stated that due to the freezing of the BEX exchange rate, there are still anomalies in some annual interest rates and pricing in the Hub. Some users encounter a 500 error message when accessing the Honey page, which seems to be related to geographic location. The Honey SC/Mint and exchange functions are operating normally, and the front-end team has been arranged to synchronize the fix for this error so that all users experiencing this issue can access it properly.

The Berachain Foundation posted on the X platform: "In the past 45 minutes, we have been made aware of the vulnerability attack that Balancer is experiencing and are taking preventive measures to avoid any potential damage to the Berachain ecosystem (especially BEX). In the meantime, operations related to HONEY minting and the BEX liquidity pool/treasury have been suspended. We will provide updates on the progress soon."

Chainatcher message, the integrated all-in-one liquidity hub Honeypot Finance announces that the Velocity Pre-TGE points incentive campaign has begun, aimed at rewarding active community members who contribute to its DeFi, NFT, and social ecosystem.It is reported that community members can earn "Pot Points" by completing a series of designated tasks, participating in key ecosystem activities, and successfully inviting friends to join. These points will be crucial for obtaining the project token HPOT in the future.

ChainCatcher news, according to The Defiant, the integrated all-in-one liquidity hub Honeypot Finance announced the completion of a new round of financing with a valuation of $35 million. The participants in this round of financing include Mask Network, CatcherVC, and Credit Scend, among others, while the specific amount raised has not been disclosed.This round of financing will primarily be used to advance the research and development of the AMM perpetual contract DEX (Perpetual DEX). This product serves as an important supplement to Honeypot's existing DeFi infrastructure, aiming to address the structural bottlenecks of traditional order book perpetual contract exchanges and further improve Honeypot's full-chain liquidity system.Honeypot Finance stated that this financing will help the team accelerate product matrix integration and ecosystem expansion, building a more sustainable asset settlement and dynamic management mechanism, providing new infrastructure support for institutional-level DeFi liquidity.

ChainCatcher news, the decentralized mapping project Bee Maps (supported by Hivemapper technology) announced that it has completed a new round of financing of $32 million, led by Pantera Capital, LDA Capital, Borderless Capital, and Ajna Capital.Bee Maps is an application running on the Hivemapper network. Hivemapper is one of the largest decentralized physical infrastructure networks in the world based on Solana, focusing on the construction of map data. Hivemapper allows drivers to contribute data through dashcams equipped with AI capabilities, which can detect road changes in real-time (such as new road signs, detours, construction areas, etc.), ensuring that digital maps can be quickly updated and remain accurate. Bee Maps leverages this infrastructure to incentivize users to upload street-level image data and rewards them with its native token HONEY.