igo

Solana's official announcement "Building Fully On-Chain Perpetual Contracts on Solana" aims to vigorously promote the ecological construction of fully on-chain perpetual contracts (Perps) in the future, with the goal of making Solana the world's strongest on-chain financial derivatives infrastructure. Currently, the trading volume of crypto derivatives is mainly concentrated on centralized trading platforms or hybrid models that rely on off-chain matching engines, which Solana believes is a transitional phase. It hopes to make a truly fully on-chain derivatives market a reality through the characteristics of high-performance blockchain—where all processes such as order submission, price updates, matching, and clearing are completed on-chain, while maintaining institutional-level speed and low costs.The Solana Foundation will provide funding, technical support, and resource allocation, focusing on supporting projects that meet the following criteria: fully on-chain execution, price discovery based on real bilateral liquidity (rather than purely pool pricing), Solana priority with revenue flowing back on-chain, teams with derivatives experience, and core code being open source. It also welcomes the co-construction of surrounding infrastructure such as front ends, aggregators, vaults, and market-making tools.

The Saigon testnet of the Ronin chain will migrate to the Ethereum mainnet this Thursday, marking Ronin's return to Ethereum and an upgrade to Layer 2.The hard fork is scheduled to occur at block height 45528550 (February 5, 2026, 23:58:55 UTC), at which point the testnet chain ID will also be updated to 202601. After the mainnet migration to Ethereum, the mainnet chain ID will remain unchanged.

The stablecoin banking startup Kontigo, focused on the Latin American market, announced that it discovered and quickly blocked a security vulnerability over the weekend and has completed full compensation for 1,005 affected users, totaling $340,900 in stablecoins. Co-founder and CEO Jesus A. Castillo stated that his personal account was also compromised and described it as a direct attack on the company's management and users.Castillo posted on the X platform that the company has identified the attacker and that the individuals "will not escape consequences." This security incident occurred during Kontigo's rapid expansion phase. Just weeks ago, on December 22, the company announced it had completed a $20 million seed round led by FoundersX Ventures, with funds intended for product development and expansion into emerging markets.Founded less than a year ago, Kontigo has the support of Y Combinator. The company claims to have achieved an annualized revenue of $30 million in the past 12 months, processed payments exceeding $1 billion, and surpassed 1 million active users, all with a team of just 7 people. However, Kontigo has also faced scrutiny over "de-banking" issues. Media reports indicated that bank accounts used through intermediaries were frozen due to compliance risks, but Castillo denied the allegations, stating that the issues originated from the intermediary agencies, not the banks themselves.

According to Bloomberg, the digital bank Kontigo, focused on the Latin American market, announced on the X platform on Monday that due to a hacker attack, some customers' stablecoins worth approximately $340,905 were compromised, and the company plans to compensate over 1,000 customers.Kontigo stated in an earlier post: "We detected unauthorized access, and some users' funds were affected. User funds are protected, and any affected amounts will be compensated by Kontigo." Headquartered in San Francisco, Kontigo focuses on cryptocurrency and payment services in the Latin American region. Since its establishment in 2023, the company has grown rapidly and attracted numerous well-known partners. According to its website, Kontigo currently has over 1 million monthly active users, with a total payment volume exceeding $1 billion.The company recently raised $20 million in seed funding from investors including Y Combinator.

According to Jinshi reports, Chris Igo, an analyst at AXA Investment Managers, pointed out that despite inflation being above target levels, the U.S. labor market shows signs of weakness, which is likely to prompt the Federal Reserve to cut interest rates further. He stated that the delayed release of the October and November U.S. non-farm payroll data confirms that job growth has stalled, and investors need to closely monitor U.S. labor market data for more signs of weakness.

According to a report by Decrypt, the stablecoin startup bank Kontigo has raised $20 million in seed funding from institutions including Coinbase Ventures, with CEO Castillo claiming it to be the fastest-growing stablecoin bank in the world.However, the platform's promise of a 10% USDC yield and a no-KYC account opening mechanism has immediately raised concerns in the community. Critics point out that even when combined with DeFi protocol Morpho, U.S. Treasury bonds, and Coinbase custody services, the conventional market yield is only 3-7%. The source of the 10% return is unclear, reminiscent of the collapse of Terra's Anchor.Additionally, some users have reported that USDC transfers have not arrived for hours. The lack of KYC protective measures has also raised concerns about money laundering and fraud risks. Critics warn that rapid expansion under unclear regulations and opaque yield mechanisms could lead to a repeat of past cryptocurrency failures.

ChainCatcher message, ZachXBT mentioned in the X comment section that he does not sympathize with the BigONE team, as this centralized exchange has previously dealt with a large number of "pig butchering," romance scams, and investment fraud-related transactions.

ChainCatcher news, according to Lookonchain monitoring, the BigONE trading platform has been hacked, resulting in losses exceeding 27 million USD.Currently, the hacker has exchanged the stolen assets for 120 Bitcoins (approximately 14.15 million USD), 23,316,000 TRX (approximately 7.01 million USD), 1,272 Ethereum (approximately 4 million USD), and 2,625 SOL (approximately 428,000 USD).

ChainCatcher news, the trading platform BigONE tweeted that its hot wallet suffered unauthorized access. All user assets are safe. BigONE will fully bear all losses caused by this incident. Trading and deposit functions will be restored soon, and withdrawals will be opened after the completion of security upgrades.Earlier reports indicated that SlowMist posted on social media stating that the trading platform BigONE suffered a supply chain attack, with stolen amounts exceeding 27 million USD. The production network was compromised, and the attackers modified the operational logic related to accounts and risk control servers, enabling fund withdrawals. It is worth noting that the private keys were not leaked.

ChainCatcher news, blockchain security agency Slow Mist tweeted that BigONE exchange was exploited by hackers due to a supply chain attack, resulting in losses exceeding 27 million dollars. The production network was compromised, and the operational logic of account and risk control related servers was tampered with, allowing the attackers to withdraw funds; fortunately, the private keys were not leaked.

ChainCatcher news, the Cabinet Secretary of the Ministry of Information, Communication and Digital Economy (MICDE) of Kenya, Hon. William Kabogo, stated on the X platform that Kenya will continue to vigorously promote the development of digital assets.He mentioned that Kenya's approach remains cautious, supporting innovation and financial inclusion while prioritizing public safety and sound regulation. The policies being formulated aim to balance opportunities with strong regulation.

ChainCatcher news, according to Jinshi Data reports, the central bank governor Pan Gongsheng stated at the 2025 Lujiazui Forum that new technologies are accelerating their application in the field of cross-border payments. New technologies such as blockchain and distributed ledger are promoting the vigorous development of central bank digital currency stablecoins, reshaping the traditional payment system from the ground up, significantly shortening the chain of cross-border payments, while also posing huge challenges to financial regulation. Technologies such as smart contracts and decentralized finance will continue to drive the evolution and development of the cross-border payment system.

ChainCatcher news, according to Jinshi reports, U.S. President Trump stated that countries around the world are talking to us and are setting rigorous yet reasonable standards.

ChainCatcher news, according to official sources, the on-chain game Kamigotchi built on the Interwoven Stack based on Initia has announced the completion of a $1.3 million seed round financing, with angel investors including Seed Club VC, TempleDAO, and DCF God participating.According to the Web3 asset data platform RootData, Kamigotchi is a Web3 game project that allows players to hatch, raise, and customize digital pets. Players enhance their pets' abilities through tasks and interactive activities, experiencing a rich virtual pet-raising process. The game incorporates blockchain elements, giving players true ownership of their pets.

ChainCatcher news, according to Jin Shi reports, in the latest NBC News poll, support for the Democratic Party in the United States has fallen to a historic low. After suffering a crushing defeat to Trump in the election, the Democratic Party is looking for a way forward.The survey shows that only more than a quarter of registered voters (27%) express a positive attitude towards the Democratic Party, which is the lowest support rate for the party since the survey began in 1990. Only 7% of people have a "very positive" attitude towards the Democratic Party. "Based on these numbers, the Democratic Party does not need to rebrand; it needs a reboot," said a polling expert.The survey indicates that nearly two-thirds (65%) of Democrats say they want Congressional Democrats to stick to their positions, even if it may sacrifice bipartisan progress, while only 32% want them to compromise with Trump on legislation. This is in stark contrast to April 2017, when 59% of Democrats expressed a desire for Congressional Democrats to compromise with Trump.

ChainCatcher news, Coinbase Chief Policy Officer Faryar Shirzad shared in an interview the approach the exchange takes to launch Meme coins, stating: "We try not to get involved in the backstory of any token, but we apply strict standards to ensure network security, assess potential scams, and determine whether it meets the criteria for securities. Our process remains calm and rigorous."

ChainCatcher news, Nasdaq-listed company Nature's Miracle Holding Inc. (NMHI) announced the acquisition of 90% fully diluted shares of Bitcoin mining company J&Y Marigold Ltd. for a total purchase price of $5.32 million. The latter is currently constructing a 14-megawatt Bitcoin mining facility, expected to be operational in the first half of 2025. The first phase of the transaction (9MW) is expected to be completed in the first quarter of 2025, while the second phase (5MW) is expected to be completed in the second quarter of 2025.