ChainCatcher news, Singaporean crypto investment firm QCP Capital stated on social media that BTC has fallen below the $60,000 support level under heavy pressure, reaching a low of $57,875. BTC miners are showing signs of capitulation, which historically often indicates a price bottom.Despite the severe sell-off in the crypto market, the options market shows strong bullish sentiment for ETH, especially for ETH options expiring in September and December.QCP Capital noted that the liquidation clusters for BTC and ETH are skewed towards the top, which could trigger a short squeeze, and with the S-1 form approval approaching, if approved, it may lead to a strong rebound for ETH.

ChainCatcher news, Web3 game engine and application Rollup developer Zypher Network announced a strategic partnership with io.net. Zypher Network will integrate io.net's decentralized GPU cluster network to assist with zero-knowledge proof verifiability operations for on-chain games developed using its game engine. Both parties stated that they will continue to explore leveraging the advantages of decentralized GPU clusters to promote on-chain game development and growth.It is reported that Zypher Network previously formed a strategic partnership with Risc Zero and launched product lines such as the ZKP and AI-driven high-performance game engines Secret Engine and AW Engine, as well as the one-click chain issuance kit Zytron Kit specifically for on-chain games Layer 3.

ChainCatcher message, announced on platform X by the multi-chain domain protocol Clusters, jointly launched by Ethereum infrastructure Delegate and cross-chain interoperability service provider LayerZero, that its universal naming service "Universal Namespace" has officially gone live. Users can register a name and then attach subdomains as needed, tagging them to specific blockchains or purposes. Currently supported blockchains include Bitcoin, Ethereum, and Solana, with plans to expand to more Layer 2 and Cosmos ecosystems in the future. By collaborating with LayerZero, users can track wallet activities associated with any address linked to Clusters across chains.