ChainCatcher news, during the "DeInsight 2024" annual summit held in Bangkok at Devcon, QuarkChain & EthStorage founder Qi Zhou delivered a speech themed "Building the World's Supercomputer for the Future of Web3."Qi Zhou shared that Ethereum is moving towards a scalability roadmap centered on rollups, characterized by: off-chain computation and on-chain verification; the introduction of DA (EIP-4844) significantly reduces L2 Tx costs; the absence of large-scale Web3 applications is mainly due to high entry costs, EVM performance limitations, limited storage space, centralized frontends, and high L1 verification costs.For more content from the conference, please check the following links:Video live link: https://www.youtube.com/live/tTVcUPumPysImage live link: https://www.pailixiang.com/album_ia7637038926.htmW

ChainCatcher news, November 7, Bitfinex analysts expect that after Trump's election as President of the United States, the crypto market will welcome a "new wave of hope."As the industry anticipates a less hostile attitude from federal agencies towards cryptocurrencies, this trend is expected to facilitate more capital inflow into the Web3 space. Analysts stated, "We expect that in the short term, a significant amount of capital will be released for the crypto sector. Furthermore, this may influence the approach taken by the U.S. SEC, which is widely regarded as having a hostile stance towards the crypto industry."

ChainCatcher news, November 7, Elon Musk suggested to Trump before the U.S. presidential election to hire well-known executives from SpaceX as senior government employees, including employees from the Pentagon. Musk's proposal indicates that after becoming one of Trump's largest donors, he may play a key role in the Trump administration.

ChainCatcher news, according to the Harris County Clerk's Office in Texas, astronauts Butch Wilmore, Sunita Williams, and Don Pettit participated in early voting for the U.S. presidential election aboard the International Space Station.NASA astronauts shared a photo on Instagram on Election Day wearing socks featuring elements of the American flag. Two of the astronauts had socks that read "Proud to be an American."The ballots in space will be transmitted to Earth in the same way data is sent between the space station and mission control, using NASA's Near Space Network.

ChainCatcher message, ChainCatcher will hold the "Why is the Meme track still hot in this bull market?" X Space today at 19:30. Guests attending the Space event include: MEW Manager of Chinese community; Fred, Founder of Nextmate.ai; Minta, Investor at SevenX Ventures; Vand Ni, @nihaovand; Xuan Rui, Solar Contributor.Stay tuned for ChainCatcher X Space to explore the reasons behind the sustained popularity of the Meme track with ChainCatcher, and to interpret the impact of regulations on the market after the elections.

ChainCatcher message, Ethereum co-founder Vitalik Buterin expressed on social media regarding the removal of a Russian developer that sparked discussions about the Linux kernel, stating, "It is very concerning. Open source is a common wealth of humanity and should be a space for free international cooperation. If such behavior becomes normalized, the consequences look very bad."

ChainCatcher news, according to CoinDesk, Darius Sit, co-founder and chief investment officer of Singapore-based crypto trading firm QCP Capital, believes that the impact of the world's largest asset management company BlackRock entering the crypto space is more significant than the U.S. presidential election.Although support for Republican candidate Trump may bring short-term market volatility, Sit pointed out that BlackRock's Bitcoin ETF has brought cryptocurrencies into the mainstream investment arena. Sit stated that when BlackRock CEO Larry Fink publicly declared Bitcoin as a "store of value" on CNBC, it marked an elevation of cryptocurrencies' status in the U.S. investment market.Additionally, Sit noted that despite Trump's promise to create a more crypto-friendly policy during his campaign, the growth potential of the global market remains to be seen. QCP has recently expanded its business in Abu Dhabi, where regulators view digital assets as part of the capital markets, providing a stable market environment.

ChainCatcher news, according to the Financial Times in the UK, cryptocurrency trading platforms are rapidly expanding into the derivatives space, hoping that stricter regulations and promises of high leveraged returns can attract cautious investors into the market.According to the latest data from CCData, cryptocurrency derivatives trading has accounted for 71% of the total trading volume of digital assets, with the total open interest surpassing $40 billion for the first time, demonstrating the dominant position of the derivatives market. Market leader CME Group has seen record trading volumes and open positions this year and is actively expanding its product line, with the newly launched Bitcoin Friday futures contracts specifically matching the New York trading cycle, further meeting the needs of institutional investors.The derivatives sector is attracting a large number of new players. The Dutch cryptocurrency derivatives exchange D2X is set to launch operations in November, while London's One Trading and GFO-X plan to open in early 2025. Additionally, Kraken has established a trading platform in Bermuda this month, directly competing with CME Group, Binance, and Bybit.Jason Urban, Global Head of Trading at Galaxy Digital, pointed out that after the collapse of crypto lending institutions like FTX, unsecured lending has essentially disappeared from the ecosystem, leading investors to turn to the derivatives market in search of leveraged opportunities.

ChainCatcher news, Bitwise CEO Hunter Horsley predicts that banks will soon become major allies in the cryptocurrency space, unlocking a $30 trillion market by making it easier for mainstream investors to access crypto assets.Meanwhile, Bitwise CIO Matt Hougan is optimistic about Bitcoin's upward momentum, noting that recent ETF inflows and potential regulatory clarity could trigger a rapid price surge.

ChainCatcher news, according to The Block, MetaMask and Space ID have announced an integration partnership aimed at simplifying the sending of digital assets and access to crypto wallets. According to the statement, this new integration will allow users to "replace all public wallet addresses with a secure and customizable handle when transacting on MetaMask." This means that Space ID users can send cryptocurrency by simply entering a username, without facing the confusion of a 42-character alphanumeric string, which, if mistyped, could result in a total loss of funds.MetaMask's product lead, Christian Montoya, stated that the integration with Space ID will enable "MetaMask users to send and receive cryptocurrency more easily and securely across any EVM-compatible chain." Space ID stated in the announcement that users will now be able to "organize and store handles from multiple chains in one wallet."

ChainCatcher news, the London-based pension and investment management company Legal & General (L&G), which manages $1.5 trillion in assets, is planning to enter the increasingly popular blockchain-based tokenization space favored by financial giants.Tokenization (i.e., representing traditional assets through tokens on the blockchain, such as money market funds backed by U.S. Treasury securities) is becoming increasingly popular among traditional financial firms. This trend has been further accelerated by the world's largest asset management company BlackRock launching its BUIDL fund on the Ethereum blockchain. Other companies include Franklin Templeton, State Street, and Abrdn.L&G executives stated, "We are exploring ways to offer Legal & General Investment Management liquidity funds in a tokenized form."

ChainCatcher news, according to The Block, TechCrunch founder Michael Arrington posted on X that the payment company Stripe has acquired the stablecoin platform Bridge for $1.1 billion.Bridge is Stripe's largest acquisition to date and the biggest acquisition in the history of the crypto industry. Bridge previously raised $58 million, including a $40 million Series A round at a valuation of $200 million.Bridge was founded by entrepreneurs Sean Yu and Zach Abrams, providing software tools to help businesses accept stablecoin payments. The two founders previously sold Evenly, a competitor to Venmo, to Block in 2013; Abrams is also a former senior employee at Coinbase.

ChainCatcher message, according to a report from the Ethereum blockchain analysis platform Nansen and the lending protocol MetaStreet, artificial intelligence and the emerging "NodeFi" market may become the most active verticals in the DeFi space.The report points out that the cryptocurrency market "is moving beyond its initial focus on ERC-20 tokens and DeFi," and these dominant technologies will eventually stabilize. As the generative AI industry matures, emerging blockchain-based verticals, such as distributed computing and GPU-as-a-service projects, are expected to experience relatively explosive growth. According to the report, the vertical with the greatest growth potential is DePIN projects.

ChainCatcher news, aerospace startup Vast Space, founded by Ripple co-founder Jed McCaleb, has revealed its plans for a successor to the International Space Station, joining the ranks of companies like Blue Origin, founded by Amazon's Jeff Bezos."Haven-2" will serve as a dedicated laboratory in low Earth orbit, allowing visitors to conduct microgravity research. It will also become a destination for NASA's international partners to send astronauts.The company's long-term vision is for the first module of "Haven-2" to enter space and be fully operational by 2028, before the International Space Station is decommissioned and deorbited in 2031. Vast CEO Max Haot stated, "We chose this ambitious timeline and strategy as a way to disrupt the industry and win the competition."

ChainCatcher news, according to official sources, the first customized NFT marketplace jointly launched by OKX and Space Nation has announced its development roadmap, which includes NFT collection aggregation, richer NFT retrieval components, and better compatibility with the OKX Web3 wallet. These new features will be gradually rolled out to the marketplace, allowing players to compare diverse game NFTs and trade them more quickly and conveniently.It is reported that from September 27, 2024, to October 18, 2024, users who successfully purchase eligible NFTs on the OKX marketplace will receive points at a 1:1 ratio based on the dollar value of the purchase price. Winners of the NFT trading competition will receive OIK deposited into their Logisitikos accounts.More event details: https://x.com/SpaceNationOL/status/1839272831949111789

ChainCatcher message, ChainCatcher will hold the "When will the Intent track explode?" X Space today at 22:00. Guests attending the Space event include: Adrian, Co-founder of Anoma; Gao, Co-founder of Aperture Finance; Isabella, Co-founder of DappOS; Connor, Co-founder of Enso Finance.Stay tuned to ChainCatcher X Space and explore the world of "Intent" with ChainCatcher.