ChainCatcher news, according to Cointelegraph, the Salvadoran Congress has swiftly passed legislation to amend its Bitcoin law to comply with the International Monetary Fund (IMF) agreement.The new bill changes the requirement for the private sector to accept Bitcoin from mandatory to voluntary. This reform was passed with 55 votes in favor and 2 against.

ChainCatcher message, the Ethereum L2 network Taiko is collaborating with the global geek movement platform DoraHacks to establish standards for community voting, providing the largest scale of anonymous community voting for a hackathon.Taiko's Grant Factory hackathon encourages developers to design projects that focus on providing innovative solutions, engaging and interesting applications, or generating positive social impact. After months of competition, the finalists will enter the final round of voting, marking a step towards greater community-driven decision-making.The Minimal Anti-Collusion Infrastructure (MACI), initially proposed by Ethereum co-founder Vitalik Buterin, is a mechanism that provides privacy and anti-collusion voting in community environments. Concerns about obstacles in traditional voting systems, such as fraud, collusion, and lack of privacy, prompted him to propose on-chain solutions to these issues.MACI uses zero-knowledge technology to ensure that votes remain confidential while maintaining integrity and preventing bribery or coercion. In a MACI round, there are two roles: operators and users. Users vote on-chain for the MACI smart contract through encrypted votes. These votes are timestamped on-chain, and only operators can see their votes, with results published after the voting is completed.

ChainCatcher news, according to Cointelegraph, the EU's Digital Operational Resilience Act (DORA) has officially come into effect, requiring cryptocurrency companies to comply with new cybersecurity regulations. According to the regulations, financial entities within the EU must establish a comprehensive register of third-party IT service provider contract arrangements to ensure infrastructure security and risk management.DORA is a further extension of the EU's Markets in Crypto-Assets Regulation (MiCA), aimed at enhancing the ability of companies to respond to disruptions such as cyberattacks and IT failures, with the ultimate goal of strengthening investor protection and market integrity. Matt Sullivan, Deputy General Counsel and Head of Ireland at crypto infrastructure company MoonPay, stated that all crypto asset service providers licensed under MiCA must comply with DORA's requirements.

ChainCatcher news, Salvadoran President Nayib Bukele commented on the X platform regarding "the U.S. Department of Justice being authorized to sell $6.5 billion worth of Bitcoin related to the Silk Road case," stating that perhaps we all have the chance to buy Bitcoin at a discount.

ChainCatcher news, according to Ledger Insights, the German Parliament (Bundestag) passed the Financial Market Digitalization Act (Finanzmarktdigitalisierungsgesetz of FinmadiG) this week. The parliament responded to industry demands to ensure legislation is in place before MiCAR fully comes into effect on December 30.FinmadiG not only pertains to cryptocurrencies and MiCAR but also affects other EU laws, such as DORA and the Funds Transfer Regulation. For MiCAR, it introduces the Cryptocurrency Market Regulation Act (KMAG), which replaces Germany's old cryptocurrency rules with MiCAR.Technically, MiCAR is a regulation, so local laws are not required. However, legislation must designate BaFin as the regulatory authority; otherwise, BaFin cannot issue licenses. This will allow EU companies with cryptocurrency licenses from other countries to operate in Germany, but German companies will not be able to operate in the EU.Additionally, MiCAR allows companies holding existing licenses to continue operating for up to 18 months, with the transition period determined by each jurisdiction. The new German legislation specifies one year.

ChainCatcher news, according to Ledger Insights, the German parliament has passed the "Financial Market Digitalization Act."This act not only involves cryptocurrencies and MiCAR but also affects other EU laws, such as DORA and the Funds Transfer Regulation. Most of the European crypto assets market regulation (MiCAR) will come into effect by the end of the year, but German companies are unable to obtain MiCAR cryptocurrency licenses issued by BaFin due to legislative delays. Foreign companies can operate freely in Germany and the EU after obtaining licenses elsewhere. Each country must designate a regulatory authority to issue licenses to crypto asset service providers, with Germany designating BaFin, but the relevant legal draft had previously not been passed.

ChainCatcher news, according to Arkham monitoring, the Salvadoran government has increased its holdings by 11 bitcoins 30 minutes ago, worth approximately $1.07 million.

ChainCatcher news, according to Arkham monitoring, the Salvadoran government address is still investing 1 Bitcoin daily, currently holding a total of 5,955 Bitcoins (approximately 614 million USD).

ChainCatcher news, according to Cointelegraph, El Salvador's financial platform NextBridge has completed the first round of USTBL token issuance through Bitfinex Securities, raising $30 million. The underlying asset of the token is U.S. Treasury bonds, built on the Bitcoin blockchain and operating on the Liquid Network layer two.NextBridge founder Michele Crivelli stated that the tokens can be traded on the secondary market, with the redemption period set to begin in March 2025, aiming for an issuance scale of $200 million.

ChainCatcher news reports that according to RootData, the Dora Factory token (DORA) has increased by 448.39% in the last 24 hours, currently priced at $0.231.Additionally, the Web3 asset data platform RootData shows that Dora Factory is the digital infrastructure for global hacker movements, helping open-source communities and cutting-edge technology builders thrive by creating protocols, tools, and public infrastructure. Dora Factory provides a playground where DAOs can be easily created with cool features to meet their key needs in governance, fundraising, collaboration, management, and more.

ChainCatcher news, the Taiko Global Flagship Hackathon Grant Factory has officially launched today on DoraHacks.io, with a total prize pool of $100,000, divided into three tracks. This hackathon aims to explore innovative and sustainable projects within the Taiko ecosystem.Taiko, as a truly decentralized, permissionless Rollup equivalent to Ethereum, has now achieved proposer-prover autonomous profitability, marking a further realization of Ethereum's scaling technology.DoraHacks.io is a developer incentive platform and hackathon infrastructure, with the number of early-stage developer startup teams exceeding 10,000+.

ChainCatcher news, Time magazine reporter Vera Bergengruen stated that El Salvador President Nayib Bukele's push for Bitcoin to become legal tender is primarily for public relations purposes, rather than substantial economic improvement.Bukele's advisors described the introduction of Bitcoin as "a great rebranding," aimed at changing the external perception of El Salvador. Since the announcement of Bitcoin's legalization in 2021, the policy has caused chaos, forcing Bukele's team to promote the potential benefits of Bitcoin.Bukele had proposed the establishment of a "Bitcoin City" powered by volcanoes, but the project has yet to be completed. He also regularly discusses using state funds to purchase Bitcoin, with approximately $400 million currently in the "public wallet." Bukele will continue to serve as president until 2029.

ChainCatcher news, according to official sources, the multi-chain search engine Dora has announced the completion of a $5.5 million funding round, led by Dragonfly and Lemniscap, with participation from Robot Ventures, Maven 11, Arche Capital, and others.It is reported that Dora has created the Dora block explorer and the Dora discovery engine to promote on-chain adoption and will enhance the interoperability solutions integrated into Dora.

ChainCatcher news, the Sui Foundation announced that its first global hackathon Sui Overflow concluded on June 21, with a total of 352 projects submitted and 32 projects awarded. The awarded projects are divided into eight categories: Consumer and Mobile Applications, DeFi, Games, Infrastructure and Tools, Advanced Move Features, Multi-chain, Randomness, and zkLogin. The award results for each category are as follows:Consumer and Mobile ApplicationsFirst Prize: Pandora FinanceSecond Prize: stream.giftThird Prize: AdToken, Wave WalletDeFiFirst Prize: Hop AggregatorSecond Prize: AeonThird Prize: Shio, HakifiGamesFirst Prize: AresRPGSecond Prize: Wagmi KitchenThird Prize: Infinite Seas, Shall We MoveInfrastructure and ToolsFirst Prize: KrakenSecond Prize: SuiGPTThird Prize: BitsLab IDE, SuiPassAdvanced Move FeaturesFirst Prize: PromiseSecond Prize: Su ProtocolThird Prize: Sui Simulator, Sui MetadataMulti-chainFirst Prize: Sui NTTSecond Prize: Wormhole KitThird Prize: SuiWalletBot, Multichain Meme CreatorRandomnessFirst Prize: Sui dApp StarterSecond Prize: BioWalletThird Prize: SuiAutochess, HexCapsulezkLoginFirst Prize: PinataBotSecond Prize: LiquidLinkThird Prize: Webauth on Sui, Aalps ProtocolIn addition, the Community Favorite Award and the University Award were also given to 10 projects each. The Community Favorite Award includes: AdToken, FoMoney, Hakifi, Mrc20protocol, Mystic Tarot, Orbital, Promise, Sui Simulator, SuiSec Toolkit, WeCastle. The University Award includes: Aalps Protocol, Fren, Suipport, LiquidLink, Multichain Meme Creator, Orbital, stream.gift, Sui Simulator, SuiGPT, The Wanderer, WeCastle.

ChainCatcher news, according to Lookonchain monitoring, the address starting with 3TQYN sold all of its 2.5 million DORAE for 10,538 SOL (approximately 1.45 million USD), causing the price to drop by over 99%.Some on-chain data suggests that this address may belong to a developer. 6 hours ago, the address received 304 SOL (41,000 USD) from KuCoin and CEHgjR...Y45a9z and purchased 2.5 million DORAE, then sold all of its DORAE for 10,538 SOL (1.45 million USD) just 1 hour ago, making a profit of 10,234 SOL (approximately 1.41 million USD) in less than 6 hours. Meanwhile, CEHgjR...Y45a9z received 215.7 million DORAE from the deployer wallet CKEfb2...HQWuUR.

ChainCatcher news, according to on-chain analyst @ai_9684xtpa's monitoring, a new address BrFjj...pgjCc spent 5,710 SOL (approximately $747,000) to buy 350,000 DORAE at a peak price of $1.936; just five minutes later, DORAE plummeted nearly 99%, and the address sold all at an average price of $0.0868, incurring a loss of nearly 96%.

ChainCatcher message, according to the official announcement, based on the Dora Factory official plan, OKEx will conduct the replacement of DORA tokens. The specific arrangements are as follows:The DORA deposit and withdrawal functions have been closed, but trading is not affected.After the replacement is completed, OKEx will restore the DORA deposit and withdrawal functions, and will no longer support the deposit of old DORA tokens.

ChainCatcher news, the Salvadoran government has proposed an initiative to reform the current banking law, introducing a new type of bank that can lend Bitcoin and provide crypto services. This initiative will allow private investors to form banks that offer Bitcoin and stablecoin services to mature investors.If approved, the plan will allow the creation of these banks, which can provide various services, including economic risk management, purchasing financial products, investment management, hedging, and other financial derivatives. These services will support any legal tender in El Salvador, such as the US dollar and Bitcoin.

ChainCatcher news, according to Dexscreener data, the ERC404 project Pandora token PANDORA briefly broke through $5900 before retreating, currently quoted at $5801, with a 24-hour increase of over 52%.Previous news, the ERC404 project Pandora stated on platform X that the beta version of the ERC-404 Launchpad has been released, allowing anyone to create ERC-404 collectibles. Each token issued through this platform will airdrop 5% of the supply to holders of the PANDORA token.