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「TradFi-native」 Contract-based DEX Project QFEX Completes $9.5M Seed Round, Led by General Catalyst

2 hours ago

March 5 — On-chain smart contract trading platform QFEX has closed a $9.5 million seed funding round. The round was led by General Catalyst, with participation from Y Combinator, Paul Graham, Nexus Venture Partners, Moonfire VC, Goodwater Capital, Liquid 2 Ventures, 468 Capital, Ritual VC, and other leading institutions and angel investors. Billed as the first “TradFi-native” perpetual contract platform, QFEX offers 24/7 high-leverage access to real-world assets (RWA) — including U.S. stocks, indices, commodities, and forex — with up to 50x leverage. Its goal is to level the playing field for retail investors, letting them compete equally with institutional players and high-frequency trading firms. QFEX’s team draws from top trading firms like Citadel, Jump Trading, Optiver, Jane Street, Tower Research Capital, and Flow Traders, with deep expertise in traditional finance (TradFi) and high-frequency trading (HFT).
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Cryptocurrency Exchange Crossover Markets Completes $31 Million Series B Funding Round, Led by Tradeweb Markets with Participation from Ripple

March 5 — Institutional-grade digital asset trading technology firm Crossover Markets announced the completion of a $31 million Series B funding round, with a company valuation of approximately $200 million. The round was led by Tradeweb Markets, with participation from Ripple, DRW Venture Capital, Illuminate Financial, Virtu Financial, Wintermute Ventures and XTX Markets, among others. The funds will be primarily allocated to upgrading its institutional-grade encrypted messaging network CROSSx, expanding global operations and enhancing system integration with institutional clients. Data indicates CROSSx has matched over $50 billion in notional trading volume, completed 12 million total transactions and now supports nearly 100 active institutional participants. Meanwhile, Tradeweb Markets plans to grant its global clients access to Crossover’s institutional spot crypto liquidity via its algorithmic order routing technology—marking the traditional electronic trading marketplace op

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A new address withdrew 304.55 BTC from Binance, worth approximately $22.16 million

On March 5th, OnchainLens monitoring data shows a newly created wallet address withdrew 304.55 BTC from Binance, valued at approximately $22.16 million. Address: bc1qjk5udywdnpy60455vjesjgavwdm2d2xw97ky29

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OKB Surges Over 50% in a Short Period, Market Cap Rises to $1.648 Billion

On March 5, OKB—the native token of crypto exchange OKX—surged more than 50% in a short span, likely fueled by reports that the NYSE’s parent company has invested in OKX, valuing the platform at $25 billion. The token was recently trading at $117, pushing its market capitalization to $16.48 billion.

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NYSE's Parent Company Invests in OKX, Valued at $25 Billion

March 5 — Per a Fortune report, Intercontinental Exchange (ICE), parent of the New York Stock Exchange (NYSE), has invested in cryptocurrency exchange OKX, valuing the firm at roughly $25 billion in its latest funding round. The investment is aimed at accelerating blockchain-based stock trading development, signaling traditional financial institutions are rapidly expanding into cryptocurrency and blockchain infrastructure.

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OpenClaw Vulnerability Leads to "Self-Attack": Misexecution of Bash Command Leads to Key Leak

On March 5, Web3 security firm GoPlus reported that AI development tool OpenClaw recently suffered a "self-attack" security incident. During automated task execution, the system constructed an incorrect Bash command while calling a Shell command to create a GitHub Issue—unintentionally triggering command injection and exposing a large number of sensitive environment variables. The AI-generated string included a `set` command wrapped in backticks, which Bash interpreted as command substitution and executed automatically. Since Bash outputs all current environment variables when running `set` without arguments, over 100 lines of sensitive information (including Telegram keys and authentication tokens) were directly written to the GitHub Issue and publicly disclosed. GoPlus recommends: - Prioritize API calls over directly concatenating Shell commands in AI automation development or testing; - Adhere to the principle of least privilege to isolate environment variables; - Dis

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Middle East War Spills Over to NATO Member States! Experts Say Collective Defense Trigger Still High

Earlier today, March 5, NATO’s air defense systems intercepted a missile fired from Iran toward Turkey. In response to U.S. and Israeli strikes, Iran has targeted multiple countries: the UAE, Bahrain, Oman, Kuwait, Iraq, and Saudi Arabia. Iran’s northern neighbor Azerbaijan said Thursday an Iranian drone injured two civilians. Distant nations have also been affected: drone strikes this week hit a UK airbase in Cyprus, and Turkey said Wednesday a missile heading toward its airspace was shot down by NATO air and missile defense systems. Both are NATO members bound by Article 5, which mandates collective defense if any ally is attacked. NATO members are already addressing the alliance’s eastern flank amid the Russia-Ukraine conflict. European allies have depleted weapons stocks supporting Ukraine; replenishment progress has been slow, and commitments to boost defense spending face hurdles. Experts note triggering Article 5 “just because a missile was shot down is a bit of an o

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