ChainCatcher news, UBI Network recently announced the completion of its seed round financing, led by early-stage technology investment firm LF Labs. This round of financing will be used for global node deployment, AI edge device expansion, optimization of the points market mechanism, and ecological cooperation expansion, further promoting the development of its network infrastructure.Headquartered in New York, UBI Network is committed to creating an innovative architecture that integrates AI edge computing and DePIN (Decentralized Physical Infrastructure Network), providing technical support for exploring the universal basic income (UBI) model in the digital age. Users can participate in AI tasks and computing power sharing through plug-and-play devices and receive point incentives in real-time, forming a closed-loop economic system.LF Labs stated: "The combination of AI and DePIN has long-term application potential, and UBI Network demonstrates strong foresight in technology pathways and product implementation, aligning with our investment logic of 'real-world application'."

ChainCatcher message indicates that according to SoSoValue data, the net inflow for Ethereum spot ETFs from May 12 to May 16 (Eastern Time) last week was $41.59 million.The Ethereum spot ETF with the highest net inflow last week was the Blackrock ETF ETHA, with a weekly net inflow of $66.04 million, bringing its historical total net inflow to $4.26 billion. Following that was the Grayscale Ethereum Trust ETF ETH, with a weekly net inflow of $15.91 million, currently having a historical total net inflow of $636 million.The Ethereum spot ETF with the highest net outflow last week was the Grayscale Ethereum Trust ETF ETHE, with a weekly net outflow of $26.22 million, bringing its historical total net outflow to $4.33 billion.As of the time of writing, the total net asset value of Ethereum spot ETFs is $8.97 billion, with an ETF net asset ratio (market value relative to total Ethereum market value) of 2.89%, and the historical cumulative net inflow has reached $2.51 billion.

ChainCatcher news, according to News.bitcoin, Messari's "Q1 2025 Solana Status Report" shows that in the first quarter of this year, the Solana blockchain achieved its strongest performance in 12 months, with total revenue increasing by about 20% from $970.5 million in the previous quarter to $1.2 billion. January was particularly noteworthy, accounting for nearly 60% of the total revenue for the quarter.The popular memecoin issuance platform Pump.Fun topped all applications with $257 million in revenue, followed by Phantom with $164 million. Photon ranked third with revenue reaching $122 million (a 13% increase); Bullx ranked fourth with revenue of $87 million (a 19% increase). Jupiter ranked fifth with revenue of $80 million (a 79% increase).At the same time, the report indicated that the total value locked (TVL) in DeFi on Solana (in USD) decreased by 64% to $6.6 billion. Meanwhile, the market capitalization of stablecoins on Solana surged by 145% to $12.5 billion, primarily due to the launch of the Trump memecoin on January 17. The market capitalization of the USDC stablecoin increased by 148% to $9.7 billion. Its market cap is four times that of its main competitor USDT, which grew by 154% to $2.3 billion. During this period, the average transaction fee decreased by 24% to 0.000189 SOL ($0.04), while the median transaction fee fell by 7% to 0.000008 SOL ($0.0015).

ChainCatcher message indicates that, according to SoSoValue data, the encrypted market continues to pull back, with the PayFi sector leading the decline at 4.37% over the past 24 hours. Among them, XRP fell by 5.28%, while Bitcoin Cash (BCH) rose by 0.63%. The CeFi sector remained relatively strong, increasing by 1.13% over the past 24 hours, with Bitget token (BGB) and Hyperliquid (HYPE) rising by 3.31% and 4.75%, respectively.In addition, Bitcoin (BTC) rose by 1.12% over the past 24 hours, surpassing $104,000, while Ethereum (ETH) fell by 0.05%, fluctuating around $2,500.In other sectors, the Layer1 sector fell by 0.23%, but Binance Coin (BNB) and Sui (SUI) rose by 1.01% and 1.33%, respectively. The DeFi sector declined by 1.78%, with Raydium (RAY) peaking at 4.22% during the day; the Meme sector dropped by 2.60%, while Fartcoin (FARTCOIN) and Mog Coin (MOG) rose by 2.48% and 6.94%, respectively; the Layer2 sector fell by 3.88%, with Movement (MOVE) down by 9.34%.The cryptocurrency sector indices reflecting historical performance show that the ssiCeFi and ssiLayer1 indices rose by 1.34% and 0.05% over the past 24 hours, respectively.

ChainCatcher news, Chainalysis CEO Jonathan Levin pointed out at the 2025 Consensus crypto conference that recent kidnappings targeting individuals in the crypto industry and their families in Paris stem from a misunderstanding by criminal organizations regarding the traceability of cryptocurrencies.Levin stated that although law enforcement has made significant progress in tracking stolen funds and crypto ransom payments, leading to numerous arrests, some criminal organizations still mistakenly believe that cryptocurrencies are untraceable, which has led to these criminal acts.

ChainCatcher message indicates that, according to SoSoValue data, the encrypted market sector is generally experiencing a pullback. The Layer2 and GameFi sectors, which saw significant gains yesterday, fell by 7.02% and 6.99% respectively. Within the Layer2 sector, Starknet (STRK) dropped 9.64% in 24 hours, while Celestia (TIA) fell 9.72%. In the GameFi sector, Axie Infinity (AXS) and Decentraland (MANA) decreased by 9.05% and 10.65% respectively.Additionally, Ethereum (ETH) started to retreat after breaking through $2700 yesterday, dropping 3.52% in 24 hours and falling below $2600. Bitcoin (BTC) decreased by 0.68%, but remains around $103,000.In other sectors, the PayFi sector fell by 1.85%, and the CeFi sector declined by 1.99%, with LEO Token (LEO) and Amp (AMP) rising against the trend by 2.00% and 13.75% respectively; the Layer1 sector dropped by 4.53%, while TRON (TRX) saw a slight increase of 0.55%; the Meme sector decreased by 4.60%, and the DeFi sector fell by 4.86%, with Ethena (ENA) dropping 8.85%.The cryptocurrency sector indices reflecting historical market trends show that the ssiLayer2, ssiGameFi, and ssiSocialFi indices fell by 7.89%, 7.11%, and 6.02% respectively in 24 hours.

ChainCatcher news, the Web3 AI music platform Fireverse has officially launched its first "Music Creation Experiment Program," which will run until May 26.This event adopts a KOL team competition mechanism, with 6 KOLs serving as band leaders: ChainShadow (@ChainShadowLabs), Bella Xia He (@xiaheth), K Line Master (@Paris13jeanne), SKY WEE (@OfficialSkyWee1), LOYAL Lu Yao (@LOYALLUYAO), and Ji Mu (@0xjimumu). Users need to choose a band to join and then use AI tools to create and submit music works for evaluation.It is reported that the total rewards for the event are 5,000 USDT and 5 V-BOX devices. The champion song will receive an additional reward of 700 USDT and will be officially sung and released by the corresponding KOL. The final ranking will be determined by a combination of community voting, platform interaction points, and official judges' evaluations.Fireverse is committed to building a decentralized music creation ecosystem through "AI Creation + Web3 Collaboration," allowing more users to transition from "listeners" to "creators."

ChainCatcher news, according to SoSoValue data, the encrypted market has welcomed a general rise after a two-day correction, with a 24-hour increase generally reaching about 2% to 9%. Among them, Ethereum (ETH) leads with an increase of 8.64%, briefly breaking through $2700. Bitcoin (BTC) rose by 1.31%, maintaining around $103,000. Notably, MAG7.ssi rose by 4.01%, DEFI.ssi rose by 8.15%, and MEME.ssi rose by 7.49%.Other standout sectors include: the GameFi sector, which rose 24 hours, with The Sandbox (SAND), Echelon Prime (PRIME), Decentraland (MANA), and Axie Infinity (AXS) rising by 10.10%, 11.49%, 13.03%, and 20.15% respectively. The DePIN sector rose by 7.00%, with Arweave (AR) and Grass (GRASS) rising by 12.23% and 25.51% respectively.In addition, the Layer2 sector rose by 6.84%, with Optimism (OP) and Starknet (STRK) rising by 14.10% and 14.83% respectively; the DeFi sector rose by 6.73%, with Ethena (ENA) rising by 21.29%; the Meme sector rose by 6.63%, with Pepe (PEPE) rising by 8.96%; the Layer1 sector rose by 4.35%, with Solana (SOL) and Avalanche (AVAX) rising by 6.84% and 8.38% respectively; the PayFi sector rose by 3.69%, and the CeFi sector rose by 1.94%, with Hyperliquid (HYPE) rising by 8.08%.The cryptocurrency sector indices reflecting historical market trends show that ssiGameFi, ssiDePIN, and ssiLayer2 rose by 10.30%, 7.74%, and 7.03% respectively over 24 hours, with weekly returns of 40.36%, 25.40%, and 29.98%.

ChainCatcher news, according to CoinDesk, investment bank Jefferies has gradually developed into an important financial service provider in the field of crypto assets since providing Bitcoin investment advisory services for Strategy (formerly MicroStrategy) in 2019. Data shows that the institution ranked sixth in global investment banking transaction volume over the past 12 months, and has completed a total of 120 fintech and crypto-related transactions amounting to $150 billion since 2015.Jefferies has established a professional advantage in cross-border transactions between traditional finance and the crypto market, with a business scope covering multiple areas including capital markets and mergers and acquisitions. Its representative transactions include assisting Kraken in completing a $1.5 billion acquisition of NinjaTrader, as well as serving as an advisor to the unsecured creditors' committee in the FTX bankruptcy case.

ChainCatcher message, according to SoSoValue data, the Ethereum spot ETF had a net outflow of $38.15 million last week (Eastern Time from May 5 to May 9).The Ethereum spot ETF with the highest net inflow last week was Grayscale Ethereum Trust ETF (ETH), with a weekly net inflow of $3.19 million, bringing the total historical net inflow for ETH to $620 million.The Ethereum spot ETF with the highest net outflow last week was Fidelity ETF (FETH), with a weekly net outflow of $37.17 million, and the total historical net inflow for FETH is $1.43 billion. Following that was Blackrock ETF (ETHA), with a weekly net outflow of $4.17 million, and the total historical net inflow for ETHA is $4.2 billion.As of the time of writing, the total net asset value of Ethereum spot ETFs is $8.03 billion, with an ETF net asset ratio (market value compared to total Ethereum market value) of 2.84%, and the historical cumulative net inflow has reached $2.47 billion.

ChainCatcher message, Slow Mist Yu Xian posted on platform X that a cryptocurrency user lost assets exceeding $20,000 after clicking on a phishing website automatically recommended by the Chrome browser while accessing the ChangeNOW exchange.The phishing website used Punycode technology to spoof the domain name (the letter "e" has an anomaly), leading the user to mistakenly believe it was legitimate.

ChainCatcher message, according to SoSoValue data, yesterday (Eastern Time May 8) the total net inflow of Bitcoin spot ETFs was $117 million.The Bitcoin spot ETF with the highest single-day net inflow yesterday was Blackrock ETF IBIT, with a single-day net inflow of $69.01 million, and the historical total net inflow of IBIT has reached $44.355 billion.Following that was Fidelity ETF FBTC, with a single-day net inflow of $35.336 million, and the historical total net inflow of FBTC has reached $11.672 billion.As of the time of publication, the total net asset value of Bitcoin spot ETFs is $118.66 billion, and the ETF net asset ratio (market value compared to total Bitcoin market value) is 5.82%, with a historical cumulative net inflow of $40.836 billion.

ChainCatcher message indicates that, according to SoSoValue data, the entire encrypted market has seen a significant rise, with a general increase of about 5% to 20% over the past 24 hours. Among them, Ethereum (ETH) leads with a rise of 20.81%, surpassing $2200. Bitcoin (BTC) has increased by 5.29% in 24 hours, briefly breaking through $104,000, returning to the $100,000 mark after three months, and its market capitalization has surpassed $2 trillion, ranking fifth in global asset market value, ahead of Amazon.Meanwhile, MAG7.ssi rose by 9.23%, DEFI.ssi rose by 15.26%, and MEME.ssi rose by 15.07%.Other notable sectors include: the Meme sector rose by 15.57% in 24 hours, with OFFICIAL TRUMP (TRUMP) and Pepe (PEPE) rising by 22.97% and 31.38%, respectively; the AI sector rose by 15.49%, with Bittensor (TAO), Worldcoin (WLD), and Virtuals Protocol (VIRTUAL) rising by 11.20%, 14.12%, and 47.81%, respectively; the DeFi sector rose by 13.57%, with Lido DAO (LDO), Ethena (ENA), and Uniswap (UNI) rising by 20.45%, 24.36%, and 25.32%, respectively; the NFT sector rose by 12.82%, with Pudgy Penguins (PENGU) rising by 20.05%.In addition, the Layer2 sector rose by 11.63%, the Layer1 sector rose by 8.63%, and Cardano (ADA) rose by 12.27%; the PayFi sector rose by 7.85%, and the CeFi sector rose by 4.48%.The cryptocurrency sector indices reflecting historical market trends show that the ssiNFT, ssiAI, and ssiGameFi indices rose by 15.47%, 14.48%, and 14.09%, respectively, over the past 24 hours.

ChainCatcher news, at the Sonic Summit held in Vienna from May 6 to 8, Sonic Labs announced the completion of a $10 million strategic financing round led by digital asset and data center infrastructure giant Galaxy. This collaboration will accelerate Sonic Labs' expansion in the U.S. market and provide critical support for its DeFi ecosystem development.Galaxy has a network of over 1,300 institutional trading counterparties, and this partnership aims to bridge traditional finance with Sonic's high-performance blockchain infrastructure through its resources. Sonic Labs CEO Michael Kong stated that Galaxy's involvement will bring important market insights and resources to the ecosystem.As a high-performance EVM-compatible chain, Sonic's solutions are attracting increasing attention from institutions seeking enterprise-level blockchain services. This collaboration also reflects institutional confidence in the ability of blockchain technology to transform financial infrastructure.About Galaxy: Galaxy (TSX: GLXY) is a global leader in digital assets and data center infrastructure, headquartered in New York, with business covering areas such as institutional trading, asset management, staking, and tokenization technology.

ChainCatcher news, according to the Korea Economic Daily (KED), South Korea's Democratic Party leader Lee Jae-myung has become the latest presidential candidate to pledge that if elected, he will approve spot cryptocurrency exchange-traded funds (ETFs) and other cryptocurrency-friendly measures. Lee Jae-myung announced his cryptocurrency commitment on May 6 as part of a broader initiative to provide more investment opportunities for South Korea's youth, who are one of the main target demographics in the upcoming June 3 elections.KED quoted Lee Jae-myung saying in Korean: "I will create a safe investment environment that allows young people to [accumulate] assets and plan for the future." He also promised to legalize spot cryptocurrency ETFs, reduce trading fees, and implement more consumer protection measures.

ChainCatcher news, according to Jin10 data reports, the U.S. Department of Commerce stated on Tuesday that the international trade deficit in March, including goods and services, widened by 14%, reaching a record $140.5 billion after seasonal adjustments, due to businesses rushing to import foreign products before tariffs were imposed by the White House.Economists surveyed by The Wall Street Journal had previously expected the U.S. trade deficit to widen from $127 billion in February to $136 billion.

ChainCatcher message, according to SoSoValue data, the net inflow of Ethereum spot ETFs for the last trading week (Eastern Time from April 28 to May 2) was $106 million.The Ethereum spot ETF with the highest net inflow last week was Blackrock ETF ETHA, with a weekly net inflow of $87.57 million, bringing the historical total net inflow of ETHA to $4.2 billion. The second was Fidelity ETF FETH, with a weekly net inflow of $37.79 million, currently having a historical total net inflow of $1.46 billion.The Ethereum spot ETF with the highest net outflow last week was Grayscale Ethereum Trust ETF ETHE, with a weekly net outflow of $26.21 million, currently having a historical total net outflow of $4.3 billion.As of the time of writing, the total net asset value of Ethereum spot ETFs is $6.4 billion, with an ETF net asset ratio (market value compared to total Ethereum market value) of 2.87%, and the historical cumulative net inflow has reached $2.51 billion.

ChainCatcher news, according to SoSoValue data, yesterday (Eastern Time May 1) the total net inflow of Bitcoin spot ETFs was $422 million.The Bitcoin spot ETF with the highest net inflow yesterday was Blackrock ETF IBIT, with a net inflow of $351 million. Currently, IBIT's historical total net inflow has reached $43.006 billion.The second was Grayscale Bitcoin Trust ETF BTC, with a net inflow of $41.923 million. Currently, BTC's historical total net inflow has reached $1.31 billion.The Bitcoin spot ETF with the highest net outflow yesterday was Ark Invest and 21Shares' ETF ARKB, with a net outflow of $87.2321 million. Currently, ARKB's historical total net inflow has reached $2.648 billion.As of the time of publication, the total net asset value of Bitcoin spot ETFs is $111.986 billion, and the ETF net asset ratio (market value compared to total Bitcoin market value) is 5.85%, with a historical cumulative net inflow of $39.562 billion.

ChainCatcher news, the Kaia Foundation announced on X that it has received investment from top crypto venture capital firms, led by Blockchain Capital and 1kx, with participation from Galaxy, The Spartan Group, IDG Capital, Mirana Ventures, SNZ Holding, Comma3 Ventures, Caladan, Lingfeng Capital, Waterdrip Capital, and MEXC Ventures. The specific investment amounts have not been disclosed.Kaia is formed by the merger of Klaytn and Finschia blockchains, originally developed by Kakao and LINE respectively. It features the lowest transaction latency in EVM L1, with a block time of 1 second and instant finality, enabling a smooth user experience and opening up possibilities for use cases that require near real-time responses.