Chen Zhi, the founder of the Prince Group in Cambodia, has been detained on charges of fraud and other crimes. The UK has imposed sanctions on the group, with the sanctions list including his collaborator Hu Xiaowei. Chen Zhi had amassed a fortune through online fraud but was ultimately arrested and had his nationality revoked.

AiFi completed the minting of 3000 Fortune NFTs on March 19 and will launch on PancakeSwap V2 on March 20, activating the liquidity pool. The project adopts an equal-weight dividend model for NFTs and LP tokens, promoting sustainable development of the DeFi ecosystem.

AI cybersecurity startup RunSybil completed a $40 million funding round on March 18, with Khosla Ventures leading the investment. The company conducts automated penetration testing through AI agents to identify security vulnerabilities. Founded by former OpenAI security researchers and a former Meta security executive, it has served multiple startups and Fortune 500 companies.

Odaily Planet Daily reports that stablecoin infrastructure Cyclops has announced the completion of an $8 million funding round, with Castle Island Ventures, F-Prime, and Shift4 Payments participating. The specific valuation data has not been disclosed yet. (Fortune)

BlockBeats News, February 17 — According to Fortune magazine, crypto VC Dragonfly has completed its fourth fundraise, totaling $650 million. Dragonfly stated that the current blockchain venture capital industry is experiencing a "large-scale cleanup," but institutions remain optimistic about the trend of crypto financialization, focusing on stablecoins, on-chain financial infrastructure, and real asset tokenization.

Gate Research Institute releases "Bing Wu Horse Year Cryptocurrency Feng Shui and Fortune Guide," analyzing market trends and rhythms, and pointing out that the vigorous energy of the Horse Year may accelerate market pace and increase volatility. The report reviews market changes in the Snake Year and offers investment strategies for different risk preferences to help investors make judgments and manage risks in a high-volatility environment.

Gate News bot message: According to Fortune, LayerZero has launched the ZERO blockchain and has partnered with Intercontinental Exchange (ICE) and the Depository Trust & Clearing Corporation (DTCC).

BlockBeats News, February 10 — According to Fortune magazine, Polymarket announced today that it will partner with Kaito AI. Kaito AI is a research and data aggregation platform focused on the crypto space. Through this collaboration, users will be able to bet on trends, brand and individual attention, and public opinion directions.