ChainCatcher news, the crypto lending platform Goldfinch announced the termination of its collaboration with its risk management advisor Ajay Gill. Gill was responsible for the liaison between Goldfinch lenders and defaulting borrowers, and he was set to receive $135,000 over six months, but he recently stopped responding to lenders' inquiries.Obinna Okwodu, head of the Goldfinch Foundation, stated on Friday that he will temporarily take on Gill's responsibilities while searching for Gill's successor.

ChainCatcher news, OKX CEO Star posted on the X platform that RWA is just the beginning. In the future, all tradfi such as banks and insurance companies will move their services to dapps and blockchains, providing customers with a faster, more transparent, and easier experience. Cryptocurrency will consume the world.

ChainCatcher news, according to Cointelegraph, a British IT engineer James Howells from Newport accidentally discarded a hard drive containing 8,000 bitcoins into a landfill and is suing the Newport City Council for £495 million (approximately $647 million) in damages.It is reported that the man has made several attempts to retrieve the hard drive from the local landfill but has faced resistance from the city council, which has repeatedly denied his requests to excavate the site.

ChainCatcher news, Cobo co-founder and CEO Shen Yu posted on X: "Recently organized a batch of old addresses from 1000 days ago, some of which still have funds in the old contracts, but the front end does not display them. Thanks to Arkham for the timely reminder to help recover these funds. I truly feel the warmth and progress of the industry."

ChainCatcher news, according to Bitcoin.com, after more than a year of negotiations, the Washington State Department of Financial Institutions (DFI) has reached a multi-state settlement agreement with GS Partners. DFI encourages Washington state residents who invested with GS Partners to submit claims through the Gold Standard Bank settlement plan. The portal is expected to open in early November 2024 and will accept claims for a period of 90 days. Investors are advised to prepare relevant documents before submitting claims, such as cryptocurrency wallet addresses, transaction IDs, and deposit records. GS Partners will compensate after verifying eligibility, and payments will be made in cryptocurrency to the investors' crypto wallets.Previously, DFI, along with other state regulators, filed a lawsuit against GS Partners in November 2023, accusing it of violating Washington state securities laws. The allegations involve Swiss Valorem Bank Ltd., GSB Gold Standard Bank Ltd., Josip Heit, and Stephen McNeal, with the focus on their MetaCertificates product and multi-level marketing scheme. This action was coordinated by a multi-state task force, with Canadian securities regulators also involved. Last month, five states—Alabama, Arizona, Arkansas, Georgia, and Texas—reached a settlement agreement with the GSB group.

ChainCatcher message, the Washington State Department of Financial Institutions (DFI) Securities Division issued a warning about cryptocurrency investment scams after receiving a complaint from a resident regarding their investment in the Miami Foundation Equity Fund 005. The investor deposited funds on the now inaccessible Vims.one platform through a WhatsApp group led by "Mark" and "Alice," who promised over 100% returns on cryptocurrency deposits twice a week. Despite paying a 5% withdrawal commission, the investor has not received their funds. The scam used a name similar to the legitimate Miami Foundation, but the Miami Foundation was not involved. DFI has classified such cases as "advance fee fraud" and cryptocurrency investment scams utilizing social media.

ChainCatcher news, Web3 infrastructure ThirdFi has completed a $2 million token investment, with participation from Techstars, Chainlink, Outlier Ventures, Alphabit Capital, and others. Currently, ThirdFi's fully diluted valuation (FDV) has reached $20 million.It is reported that ThirdFi is a middleware solution focused on multi-chain interoperability and features an all-in-1 API, including API application interface solutions, multi-chain relayers, and cross-chain infrastructure. ThirdFi states that its V2 version is a modular AI for DeFi that can capture growth for developers and users in AI applications (such as AI agents, models, and signals). Over the past two years, ThirdFi has accumulated more than 170,000 users by collaborating with over 50 Web3 communities and protocols, with mainnet and L2 transaction volumes exceeding $46 million.

ChainCatcher news, according to financefeeds, the United Nations Development Programme (UNDP) is collaborating with the DFINITY Foundation to enhance the Universal Trusted Credentials (UTC) program using Internet Computer blockchain technology. This collaboration aims to improve digital trust and financial inclusion for micro, small, and medium enterprises (MSMEs) globally.It is reported that the UTC framework was jointly launched by the Monetary Authority of Singapore (MAS) and other strategic partners, aiming to enhance the opportunities for MSMEs to access financing domestically and across borders by fostering trust in digital data. By promoting the adoption of blockchain-based solutions, the UTC program aims to create a sustainable financial ecosystem that empowers MSMEs.The DFINITY Foundation will leverage its expertise in decentralized computing and digital identity solutions to develop and test prototypes for the UTC pilot program in Cambodia. The Internet Identity (II) solution of the Internet Computer blockchain will ensure the secure storage and management of digital credentials, thereby enhancing the credibility of the UTC system.

According to ChainCatcher news reported by Cointelegraph, the Dfinity Foundation has launched a new platform based on the Internet Computer Protocol (ICP) aimed at replacing traditional cybersecurity measures. The platform, named Utopia, is designed as a private serverless cloud infrastructure specifically for government entities and corporate organizations. Utopia will enable artificial intelligence (AI) to operate securely, allow for local management of digital assets, and "enable governments to gain sovereignty." Utopia aims to address the increasing cyber threats by creating "massive enterprise computing" that can prevent "unauthorized access, functional changes, data breaches, and ransomware installations."

ChainCatcher news, DFINITY announced on social media that it has launched wallet-less Verified Credentials.It is reported that this is a tamper-proof digital identity solution that enables personal data sharing while maintaining privacy and control. Verified Credentials are now available on ICP.

ChainCatcher news, the Washington State Department of Financial Institutions (DFI) Securities Division issued a consumer warning stating that an investor learned about a cryptocurrency trading platform called Ethfinance through a connection actively sent via LinkedIn, and transferred a total of $310,000 from their DeFi wallet to the platform. When the investor attempted to withdraw part of the initial principal and profits, they were told that more funds needed to be added to complete the "smart contract" before they could withdraw their funds.DFI stated that the investor did not send any additional funds. The investor was unable to withdraw any funds from their account, and their account has been locked. The case appears to be a "prepaid fraud case," but it has been indicated that these allegations have not yet been confirmed. The platform has also been mentioned in previous complaints, with a California resident reporting that they encountered a stranger online who offered to teach them how to make money by trading cryptocurrency options, resulting in a loss of over $165,000.

ChainCatcher news, TradFi executives stated that BTC and ETH derivatives will play a key role in the integration of cryptocurrencies into traditional finance (TradFi) and in driving them to reach historical highs. TradingView General Manager Pierce Crosby pointed out that derivatives have always been an important part of cryptocurrency trading, but high fees and slippage have adversely affected traders.CME Group's Global Head of Cryptocurrency Products Giovanni Vicisoso believes that a spot Bitcoin ETF will attract investors who are reluctant to use centralized exchanges and will aid in Bitcoin price discovery. TJM Institutional Services Managing Director Jim Iuorio stated that the Federal Reserve may have to lower interest rates and implement easing policies, which would be beneficial for stocks and Bitcoin.Crosby also mentioned that large institutional investors are changing the narrative that cryptocurrencies are merely an extension of tech stocks; although the market can sometimes be affected by internal black swan events, the crypto market will ultimately recover.

According to ChainCatcher news and Ember monitoring, the blockchain game Zentry (formerly GuildFi) announced that it holds $151 million in funds, of which $78.1 million consists of liquid reserve assets: 16,000 ETH and 17.85 million stablecoins. This amount does not include ZENT (formerly $GF).Its ETH is mainly earning interest through staking and re-staking on EigenLayer/Lido/etherfi platforms.

ChainCatcher news, according to The Block, the Dfinity Foundation is launching a new API that allows the Internet Computer to read and write smart contracts on any EVM.It is reported that Internet Computer smart contracts have already collaborated with Bitcoin and Ethereum on projects such as Bioniq, Bitfinity, and Omnity.

ChainCatcher message, Ethena releases its 2024 roadmap, Ethena will drive the integration of DeFi, CeFi, and TradFi with USDe.In the report, Ethena pointed out that while USDe has already had a significant impact on major applications of DeFi, the second-order effects of Ethena's internal liquidity and its potential impact on existing and new exchange venues have yet to be seen. Therefore, Ethena will become a liquidity aggregation layer to support higher liquidity for its DEX and CEX.In addition, Ethena will also incubate new decentralized exchanges on Ethereum.

ChainCatcher news, according to The Block, Dfinity Foundation's founder Dominic Williams recently made sharp comments on the current state of the cryptocurrency and blockchain industry. Williams stated that currently 95% of blockchain projects are "garbage," and pointed out that the industry seems to focus more on narratives rather than substance. He believes that the current challenge in the industry is that people invest in so-called "silver bullets," choosing to invest due to marketing and becoming mired in chaotic narratives.Williams further explained that although blockchains like Bitcoin, Ethereum, Solana, and Avalanche perform well in handling transactions, he is skeptical about these platforms building a brand new, decentralized internet. He believes that only the Internet Computer Protocol (ICP) is the true "third-generation" blockchain that can effectively address scalability issues and support the construction of fully on-chain network interactions, such as on-chain social networks.