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According to Globenewswire, the Nasdaq-listed digital asset infrastructure company OFA Group announced a RWA tokenization service agreement with MD Queens Development, which will provide blockchain infrastructure support for a comprehensive development project in Long Island, New York, through its physical asset tokenization platform Hearth and will tokenize in the early stages of development.The related digital assets will represent the project SPV interests, rather than directly corresponding to the underlying real estate ownership. According to the agreement, OFA will receive a total of $15 million in funding, which will be paid in phases based on milestones.

A Bank of America (BofA) survey in February showed that investors' bearish positions on the dollar have fallen to the lowest level since 2012, with dollar allocations at a historically low level.Traditionally, a weaker dollar is usually favorable for risk assets like Bitcoin, but the report noted that since the beginning of 2025, Bitcoin has shown an unusual positive correlation with the dollar index, with a 90-day correlation coefficient rising to 0.6 at one point. Analysts believe that if this correlation continues, further declines in the dollar may not be beneficial for Bitcoin and could instead put pressure on it; conversely, if the dollar rebounds due to short covering, Bitcoin may rise accordingly, and market volatility could significantly increase.

According to GlobeNewswire, OFA Group, a Nasdaq-listed digital asset infrastructure company, announced the completion of a $50 million PIPE financing, led by Greentree Financial Group and TriCore Foundation.The new funds will be used to support the development of blockchain infrastructure for tokenizing real-world assets, as well as to expand the scale of its digital asset treasury.

ChainCatcher news, according to the official announcement, the comprehensive construction and technology company OFA Group (NASDAQ: OFAL) announced today that it will accept cryptocurrency payments for its construction services and AI-driven construction tools. This initiative is an extension of the company's previously announced $100 million Bitcoin funding strategy.The payment system will support mainstream cryptocurrencies such as Bitcoin, Ethereum, Solana, and stablecoins, with all transactions processed through institutional-grade security protocols. This service is primarily aimed at cryptocurrency asset holders, real estate developers, and technology enterprise clients.

ChainCatcher news, Nasdaq-listed company OFA Group announced a $100 million committed equity acquisition financing agreement with Atsion Opportunity Fund LLC to establish a cryptocurrency treasury, with Bitwise serving as its strategic advisor. It is reported that the agreement allows for the financing scale to be increased to $200 million upon mutual agreement, and these funds will be used to implement cryptocurrency fund management strategies and establish a cryptocurrency treasury, with plans to strategically accumulate BTC, SOL, and SUI.

ChainCatcher news, according to CoinDesk, U.S. District Judge Katherine Polk Failla of the Southern District of New York ruled to prohibit discussing the history of OFAC sanctions against the privacy tool Tornado Cash in the upcoming trial of developer Roman Storm. The judge stated that explaining the sanctions process, which was implemented in 2022, revoked in March 2023, and deemed illegal by a Texas court, would create "cognitive dissonance," but left open the possibility for reconsideration if key evidence arises.

ChainCatcher news, Bitget Onchain trading has launched the MEME tokens Z, noface, and Crocs in the Solana and BNB Smart Chain ecosystems. Users can start trading in the on-chain trading section.Bitget Onchain trading aims to seamlessly connect CEX and DEX, providing users with a more convenient, efficient, and secure on-chain trading experience. Users can directly use their Bitget spot accounts (USDT/USDC) to trade popular on-chain assets. Currently, it supports popular public chains such as Solana (SOL), BNB Smart Chain (BSC), and Base.

ChainCatcher news, according to CoinDesk, the U.S. District Court for the Western District of Texas has made a final ruling, determining that the Department of the Treasury's Office of Foreign Assets Control (OFAC) acted unlawfully in sanctioning Tornado Cash, permanently prohibiting it from imposing sanctions on the mixer. This marks the conclusion of a two-year legal dispute with a victory for the privacy protocol party.Court documents show that although OFAC voluntarily removed Tornado Cash from the sanctions list in March 2024, Judge Robert Pitman noted its intention to potentially reimpose sanctions in the future and emphasized that "the ruling of the Fifth Circuit Court of Appeals must be enforced." The six plaintiff attorneys in the case had accused OFAC of attempting to evade judicial review through technical maneuvers.It is worth noting that two developers of Tornado Cash, Roman Storm and Roman Semenov, still face criminal charges from the U.S. Department of Justice, which remains on the OFAC sanctions list. The ruling only pertains to the protocol itself and does not involve judicial proceedings against the developers.

ChainCatcher news, according to the update announcement of the Specially Designated Nationals (SDN) list released by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) on March 21, several Ethereum addresses related to Tornado Cash have been removed from the sanctions list.This update specifically mentions the Tornado Cash website and several Ethereum wallet addresses associated with it, including:0x12D66f87A04A9E220743712cE6d9bB1B5616B8Fc0x47CE0C6eD5B0Ce3d3A51fdb1C52DC66a7c3c29360x910Cbd523D972eb0a6f4cAe4618aD62622b39DbF0xA160cdAB225685dA1d56aa342Ad8841c3b53f2910xD4B88Df4D29F5CedD6857912842cff3b20C8CfaTornado Cash is a mixing protocol on Ethereum that allows users to conduct transactions anonymously. It was previously sanctioned by the U.S. Department of the Treasury for allegedly providing a money laundering channel for illegal activities, such as those associated with North Korean hackers.

ChainCatcher News, the U.S. Fifth Circuit Court of Appeals overturned a lower court's ruling, determining that the Office of Foreign Assets Control (OFAC) exceeded its authority in sanctioning the Tornado Cash immutable smart contracts, marking a significant victory for the protocol and its users. The panel of three judges noted in their opinion that while the Treasury has the authority to act against "property," the immutable nature of Tornado Cash's smart contracts means they cannot be controlled or owned, and therefore do not constitute property under the International Emergency Economic Powers Act (IEEPA).Coinbase Chief Legal Officer Paul Grewal stated that these smart contracts must now be removed from the sanctions list, allowing U.S. users to once again utilize this privacy-preserving protocol. The appellate court has instructed the Texas District Court to approve the partial summary judgment motion filed by plaintiffs-appellants Joseph Van Loon and others.

ChainCatcher news, according to Assiyaq, the UAE-based Web3 service provider Verofax has announced the completion of a $3 million bridge financing. This round of financing was led by investors including King Abdullah University of Science and Technology, Plug & Play Tech Center, Navig8 Group, and Trove Capital UK. Other participants in this round of financing include Jawa Brothers Advisory, Alzamil Pedco CVC, and Tracecore CVC.The newly acquired funds will be used to advance Verofax's projects in the Middle East and the EU. These projects include AI guidelines tailored for the Gulf Cooperation Council region and a sports fan guide for audiences in the EU and North America.Verofax was founded in 2018 by Wassim Merheby and Jamil Zablah, leveraging Web3 technologies such as augmented reality, blockchain, and artificial intelligence to enhance the marketing experience for tourists, shoppers, and brands.It is reported that in 2022, Verofax raised $1.5 million in a pre-Series A financing round led by Benson Oak Ventures, with participation from 500 Global, Wami Capital, and Vernalis Capital.

According to ChainCatcher news, SOFA.org has now integrated with the OKX Web3 wallet. Users can trade BTC, ETH, and other related products on SOFA.org through the OKX Web3 wallet. It is reported that SOFA.org is a derivatives infrastructure organization aimed at establishing a complete clearing and settlement ecosystem to address the existing issues in derivatives. Products within the ecosystem will follow a unified framework to achieve the operation modes of the underlying architecture, middle-layer protocols, and the connectivity of top-layer users and funds. The OKX Web3 wallet is an industry-leading one-stop Web3 entry point, now supporting over 100+ public chains and providing a unified user experience across app, plugin, and web platforms.

ChainCatcher news, the criminal gang "Tren De Aragua" from Venezuela has been designated by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) as a transnational organization engaged in illegal activities such as kidnapping, human trafficking, and extortion. The U.S. Treasury also stated that the organization has, to some extent, utilized cryptocurrency to launder its criminal activities.

ChainCatcher news, OKX Web3 Wallet has launched a Giveaway event in collaboration with DappOS and SOFA. The OKX Wallet Giveaway section has been fully upgraded, adding an ecological zone and enhancing the UI experience. From July 15, 2024, 7:00 to July 22, 12:00 (UTC), users who complete designated tasks in the OKX Web3 Giveaway section will have the chance to win token rewards worth a total of 35,000 USDT and a 20% bonus reward.

ChainCatcher message, the Sofamon team has posted on social media platforms stating that the official Sofamon X account has been compromised. Please do not click on any links or interact with that account.Currently, the team is actively working with the security team to regain access to the account.

ChainCatcher news, the encrypted cultural platform and social expression layer Sofamon announced on social media that early access to the Base series is now available on the Sofamon app.It is reported that the lottery system for early registration will end at 8:00 AM Beijing time on May 4th, and the lottery results and the date of the lottery event will be announced soon.If you own a Sofamon wearable device or have made at least 10 transactions on Base, you are eligible to participate in this lottery. You can increase your chances of winning in the following ways:Win the most Sofamon carrots this week;Hold the most Sofamon carrots in history;Trade or hold memecoin/NFT on Base.

ChainCatcher news, according to official sources, the Web3 social platform Sofamon has completed its seed round financing, with participation from Polychain Capital, Seed Club Ventures, Inception Capital, and others. Angel investors include Nick White, Chief Operating Officer of Celestia, former Coinbase engineer 0xBeans, and George Lambeth, co-founder of Divergence Ventures. The amount of financing has not been disclosed. This round of financing is also the first consumer project led by Polychain aimed at helping to promote a new dimension of social expression in cryptocurrency.According to the crypto data platform RootData, Sofamon is a cultural platform for the crypto-native community and a new layer of social expression.

ChainCatcher news, according to The Block, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) sanctioned 13 entities and two individuals on Monday for facilitating Russian nationals in evading sanctions by establishing services related to cryptocurrency.OFAC stated in a press release that many of the individuals and entities sanctioned on Monday facilitated transactions or provided services to help other designated entities evade sanctions. The statement emphasized that the Treasury will continue to expose and disrupt those companies attempting to assist sanctioned Russian financial institutions in reconnecting with the global financial system.

According to ChainCatcher news, the Sui Foundation announced the grant recipients for January and February of this year, with a total of 12 projects selected, which are:Mofa Labs: An open-source SDK developed using the Dart programming language, supporting cross-platform application development;ZeroAuth: Provides a multi-platform SDK, making it easy for developers to integrate zkLogin into their products;MoveBit: A Web IDE that supports development within the Move ecosystem;Venture23: Systematically organizes Kiosk data, supporting the growth and usage of Sui Kiosk;Nimbus: A personalized portfolio tracker that provides Sui users with asset and DeFi configuration tracking;SuiMove Linter: A linter tool designed specifically for Move source code, helping application builders analyze errors;Turbos Finance: Key features that enhance the experience of liquidity providers;Suilette: A decentralized lottery protocol that supports Sui community services and prize pools;Anti-Cheat System by FranklinDAO Research: Utilizes self-learning technology to prevent cheating in games;Reclaim: Makes HTTPS traffic verifiable through zero-knowledge proofs, providing new data privacy protection application scenarios;FRNZY: A peer-to-peer physical goods interactive shopping marketplace that allows users to initiate auctions;Interverse: Helps game developers establish in-game markets, supporting players in purchasing game assets from the Web3 marketplace.