News

ChainCatcher news, @CompoCapital, Head of Liquidity at venture capital firm 6th Man Ventures, announced that 6th Man Ventures has acquired $1.5 million worth of MetaDAO (META) at a price of $6.35. Possibly influenced by this news, META is now trading at $8.34, with a 24-hour increase of 32.51%. The announcement stated that MetaDAO's robust ICO platform gained strong traction in its early stages—attracting over $200 million in funding for founders, while granting liquidity investors rights and fundamentally aligning incentives between both parties—representing a significant step forward in the evolution of on-chain capital formation. Previously, the MetaDAO community passed a proposal to "sell up to 2 million META at market price or at a premium."

According to ChainCatcher, citing Golden Ten Data, a research report from CICC stated that the recent risk events involving two US banks are smaller in both scale and severity compared to the previous round, and are more about localized individual credit risk events leading to emotional contagion, which does not yet constitute a systemic shock to the financial system. This incident reflects the trend of rising credit risk in a high interest rate environment, which may lead to a decline in risk appetite in the credit market and tighter lending conditions, thereby triggering further liquidity tightening. However, unless there are clear signs of an overall economic recession in the US, credit tightening may remain relatively moderate and is unlikely to develop into a "crisis" scenario.