AMP

RWA L1 public chain Pharos and HackQuest jointly host Builder Base Camp, with a total prize pool of 300,000 USD

ChainCatcher news, recently, the Builder Base Camp co-hosted by the Pharos Joint Developer Platform HackQuest has officially launched. This competition covers four major tracks: RWA + Payment, DeFi, Tooling & Infra, and Innovative, with a generous prize pool of up to $300,000. Participants not only have the chance to win substantial prizes and gain valuable practical experience but also receive guidance from experts in the Pharos ecosystem, gaining in-depth knowledge of the Pharos SPN (Special Processing Network) and its efficient execution framework.The Builder Base Camp aims to provide developers with comprehensive technical knowledge, guidance, and support, helping participants successfully build projects on the Pharos platform. The event is divided into several key stages, from introductory to in-depth technical sessions, culminating in a Demo Day showcase, ensuring that participants can effectively build applications and expand innovations throughout the process. Base Camp mentors include HackVC partner Hsin-Ju, Sign Protocol co-founder Potter, Yala CTO Vicky, NEBRA LABs founder Shumo, and more.The online submission period for the event is from March 10, 2025, to April 30, 2025. In addition to the online competition, Pharos will also hold a series of offline developer meetups in Kolkata, Delhi, Shenzhen, Hangzhou, and Ho Chi Minh City, aimed at providing comprehensive ecological deployment support for participants.

Supreme People's Procuratorate: Currently, telecom and internet fraud crimes are rampant, and virtual currency "money laundering" has become a mainstream method

ChainCatcher news, according to Jinshi reports, Du Xueyi, director of the Economic Crime Prosecution Office of the Supreme People's Procuratorate, stated during a guest appearance on the Supreme Procuratorate's director interview event on February 13 that the current situation of telecom network fraud crimes is still severe and complex, with a high incidence.First, the cross-border and monopolistic nature of fraud groups has emerged, with criminals setting up "industrial parks" and "technology parks" abroad, managing and controlling through means such as providing guarantees and armed protection, taking a cut or charging fees to obtain illicit funds, forming large criminal organizations.Second, the methods of fraud are increasingly diverse and complex, with combinations such as "pig butchering + false investment," "gambling fraud," and "fraud and extortion," which are more deceptive and have led to serious violent crimes such as intentional injury.Third, the modules of black industry crimes are becoming more stable, with criminal tools and software being simple and easy to use, resulting in a broader population being drawn into criminal activities. Fourth, the channels for funds are intertwined and concealed, with virtual currency "money laundering" becoming a mainstream method, helping criminals to transfer fraudulent funds in "small amounts and multiple transactions," making it difficult to trace back.
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