ChainCatcher news, Binance founder Zhao Changpeng (CZ) stated on social media that tasks such as AI data labeling are very suitable for completion through blockchain, leveraging global low-cost labor and enabling instant payments via cryptocurrency, breaking geographical limitations.He also mentioned that BNB Chain's Greenfield provides storage support, but currently, more tools are needed, calling on developers to collaboratively build a decentralized AI data processing ecosystem.

ChainCatcher news, according to Cointelegraph, based on a report released by the Commodity Futures Trading Commission (CFTC) Global Markets Advisory Committee on November 21, the CFTC has approved the use of blockchain technology to manage trading collateral in the U.S. derivatives market.The report states that blockchain technology (including distributed ledgers and tokenization) can address long-standing challenges in traditional derivatives exchanges and expand the types of assets available for collateralized trading.

ChainCatcher news, Coinbase Ventures stated on platform X that they believe cryptocurrency is a natural complement to artificial intelligence, making the technology more transparent, efficient, and secure. They also believe that blockchain technology will become the infrastructure driving the future AI agent economy, creating an agent network. Coinbase Ventures noted that they see three main intersection points between cryptocurrency and artificial intelligence:An AI agent economy supported by cryptocurrency and blockchain technology.Decentralization of the AI stack (e.g., computing, data sovereignty, verifiable reasoning, etc.).On-chain applications of AI to unlock previously unimaginable new crypto applications.

ChainCatcher news, little Trump posted on the X platform stating that he is willing to pay a huge sum for Harris to explain cryptocurrency and blockchain technology, but it cannot be done with a teleprompter; the longer Harris speaks, the more he will be paid.Little Trump also mentioned that he is willing to pay for Harris to debate with his 15-year-old son about cryptocurrency and blockchain technology.

According to ChainCatcher, as reported by FOX Business journalist Eleanor Terrett, during a hearing held by the House Financial Services Committee, SEC Chairman Gary Gensler stated that he maintains a "neutral" stance on blockchain technology.Gensler stated, "Putting something on a blockchain ledger does not change the economic situation; the key is whether it is a good investment, and we take a neutral stance on that."

ChainCatcher news, in order to further optimize the business environment and enhance the convenience of cross-border tax payment, since February 2024, the Shanghai headquarters of the People's Bank of China has been actively exploring new models for cross-border remittance and tax payment in collaboration with the Shanghai Municipal Taxation Bureau of the State Administration of Taxation. By utilizing blockchain technology, a "one-stop" online service for cross-border electronic tax payment, including overseas remittance, tax payment, and storage, has been achieved, effectively addressing the three major pain points of non-resident enterprises in cross-border remittance and tax payment: "multiple runs," "high costs," and "difficult foreign exchange settlement."As of the end of August 2024, the new model for cross-border remittance and tax payment in Shanghai has cumulatively completed tax payments of 1.486 billion yuan. The pilot banks include ICBC, ABC, and Bank of China in the city, with currencies involving RMB, USD, EUR, JPY, etc., and tax types covering corporate income tax and stamp duty. (Jinshi)

ChainCatcher News, September 6, 2024, DeepBrain Chain (DBC) and DeepLink Protocol (DLC) officially signed a strategic cooperation agreement with the Korea Internet PC Culture Association (IPCA). This collaboration aims to leverage the high-performance computing resources of idle PC rooms in Korea to support the development of AI technology and the practical application of blockchain technology.IPCA manages approximately 3,000 member internet cafe chains in Korea, covering more than 20,000 internet cafes nationwide. Through this cooperation, the high-performance computing equipment in these cafes will provide the necessary computing power for AI inference and development projects during idle times, thereby achieving efficient resource utilization. For cafe owners, this collaboration not only brings a new revenue model but also improves the utilization efficiency of their equipment.DeepBrain Chain plans to expand its AI public chain network through this cooperation, enhancing its global node count and network stability. Meanwhile, the advanced technology of DeepLink Protocol will further optimize the use of computing resources in cafes, helping to achieve smoother game streaming services and AI computing. This collaboration marks a deep integration of AI technology and blockchain technology in traditional industries, which will play an important role in more fields in the future.Through this strategic cooperation, both parties expect to promote the large-scale implementation of cloud internet cafes in Korea, significantly reducing investment and operational costs for store owners and improving return on investment (ROI). This initiative is expected to enhance the ecological influence of DBC and DLC in Korea and significantly increase their number of token-holding users, further consolidating their position in the Korean market.

On September 4, Binance Research recently released a report stating that blockchain, distributed ledger technology (DLT), and the applications built on them have the potential to significantly enhance the efficiency of the payment industry and pose challenges to participants in this field.The report disclosed data indicating that traditional payment systems are expected to generate $2.83 trillion in revenue by 2024, and this is projected to reach $4.7 trillion by 2029, with a compound annual growth rate of 10.8%.Binance Research stated that blockchain can create "miracles" for merchant and consumer experiences, providing a globally unified and transparent digital environment. Due to the vast scale of the payment industry, the adoption of technologies like blockchain may be slow and cautious. However, researchers believe this gives the blockchain industry time to "grow out of its adolescence," establish the necessary tools, and address issues such as scalability and regulatory uncertainty.

ChainCatcher news, blockchain technology company Stratis has announced the launch of the next-generation elastic blockchain technology Verium. This technology is based on ZKSync's zero-knowledge proof technology and aims to provide developers and enterprises with high-performance, scalable, and modular flexible solutions. It is understood that Verium introduces GPU Prover, offering fast transaction proof speeds, suitable for deploying blockchain games. In addition, Verium also introduces elastic chain capabilities powered by ZKSync technology, allowing users to deploy custom chains, including Layer3 solutions. Stratis has launched Verium Portal as the gateway for users to access the Verium network.

ChainCatcher News: Japan's largest cryptocurrency-themed event, the WebX conference, has opened in Tokyo, Japan. Prime Minister Fumio Kishida delivered a speech at the conference via video. Kishida stated, "Web3 and blockchain technology are the foundation for solving social issues." He mentioned that the government has begun to implement specific measures, including tax reforms and legal amendments, to help Web3 startups raise funds more smoothly.In addition, Kishida also stated that in the "2024 Basic Policy," efforts will be made to improve the token usage environment related to Web3, facilitate payments, and revitalize the content industry, while considering user protection.

ChainCatcher news, the blockchain game Bit Beast has announced the launch of a new diversified model, combining innovative gameplay with blockchain technology, offering daily returns of over 1.1%. Users can also earn high commissions by inviting friends.In addition, since its launch on the 16th, Bit Beast has surpassed 20,000 users.It is reported that Bit Beast is committed to becoming the "creator of a diversified financial ecosystem in blockchain." Its team has over 600 game development experiences, including both large-scale projects and small indie games, covering a variety of game genres.

ChainCatcher news, Fox Business reporter Eleanor Terrett stated that the Democratic Party officially released its party platform on the first day of the Democratic National Convention. There was no mention of blockchain technology, Bitcoin, digital assets, or anything related to cryptocurrency.Previous news, the Republican National Committee expressed support for several cryptocurrency-friendly policy measures in its official party platform for the 2024 U.S. election.

ChainCatcher news, Ripple is collaborating with the Dubai International Financial Centre (DIFC) Innovation Hub to accelerate blockchain and digital asset innovation in the UAE. Through this new partnership, both parties aim to jointly promote the application of blockchain and cryptocurrency technology in early-stage companies and scaling, while also introducing the technology to traditional large strategic institutions and their use cases.Previously, Ripple committed to investing 1 billion XRP to accelerate the development of XRPL and new global use cases.

ChainCatcher news, the company behind the innovative transportation platform QRyde, HBSS Connect Corp., has announced the acquisition of the Israeli blockchain company Colu. This strategic acquisition will enhance QRyde's efforts in creating blockchain-based transportation systems aimed at optimizing municipal spending.HBSS Connect specializes in developing software solutions for public transportation, paratransit, NEMT (non-emergency medical transportation), and micro-mobility services across the United States. By integrating web3 technology into QRyde, HBSS Connect aims to better synchronize transportation systems with the local economy.

ChainCatcher news, Ant Digital Technology Company, the blockchain division of Alibaba's financial technology subsidiary Ant Financial Group, has increased the registered capital of two subsidiaries. It has expanded the registered capital of its subsidiary Ant Blockchain Technology to approximately 200 million USD. The registered capital of another blockchain division, Ant Chain (Shanghai) Digital Technology Co., Ltd., has also increased to about 289 million USD.Ant Blockchain Technology (Shanghai) Co., Ltd. recently amended its business registration with Chinese authorities, raising its registered capital from 100 million RMB to 1.5 billion RMB (206.4 million USD). This blockchain division was established in December 2018, and its registered business activities include software development, hardware retail, and information technology services.

ChainCatcher News, the U.S. Navy is seeking private sector partners to establish a Cooperative Research and Development Agreement (CRADA) to help advance its proprietary "PARANOID" blockchain technology.PARANOID (Powerful Authentication System for Comprehensive Development of Naval Operational Flight Program) is a blockchain-based system designed to protect software from cyber attacks during the development and deployment process. PARANOID secures software throughout the development process by validating files across nodes at every step via blockchain. Every action taken by developers is recorded as an entry on the PARANOID blockchain, providing an activity ledger.

ChainCatcher message, Ethereum co-founder and ConsenSys founder and CEO Joseph Lubin published an article titled "Ethereum and Blockchain Technology Are Under Threat from Washington Regulators," stating that without legal authorization, the U.S. Securities and Exchange Commission (SEC) is arbitrarily reclassifying Ethereum from a commodity to a security in order to enforce its registration and other requirements related to securities (such as bonds, stocks, and other investments) within its jurisdiction.However, Ethereum is clearly and logically not a security. On multiple occasions, both the SEC and the Commodity Futures Trading Commission have confirmed this, and the entire business model of ConsenSys is built upon this clear, prior regulatory consensus.The SEC's regulatory escalation violates the fundamental principle of separation of powers, under which Congress is responsible for legislating and allocating jurisdiction over blockchain technologies like Ethereum.More broadly, if the SEC wins, it would mean the end of the Ethereum blockchain in the U.S., as it would render Ethereum functionally inaccessible and unusable.