ChainCatcher news, Jupiter co-founder Meow posted on the X platform stating that Jupnet is a full-chain network under construction, aimed at achieving the goal of "aggregating everything." Jupiter needs infrastructure to connect billions of people and trillions of tokens, therefore it requires:A single source of truth across chains;A full-chain ledger;A fully on-chain identity system.Blockchain has solved the problem of a single source of truth within a blockchain, but has not addressed the issue of a single source of truth across chains. Therefore, a completely new architecture is needed to achieve a single source of truth across chains, which is why DOVE is proposed: a decentralized verification and execution oracle. By utilizing the mentioned decentralized single source of truth, it will be able to host a decentralized full-chain ledger, including achieving dynamic finality, by addressing the speed/finality trade-off through value consideration.Finally, a fully on-chain identity system will be able to support all traditional authentication methods, including social logins and keys, as well as the ability to generate recovery keys when users need them. There are still many technical issues and important design challenges to overcome.We expect to provide a technical preview and detailed technical overview in early April.

ChainCatcher news, Hooked Protocol founder Jason stated in Binance Space that he indeed had a relationship with Primitive Ventures co-founder Dovey, but denied any violations during the process of listing on Binance, as well as any issues of利益输送.

ChainCatcher news, Solana-based DEX Jupiter announced the launch of the all-chain network Jupnet. "When Jupiter first started, we focused on aggregating Solana's liquidity, and now we will turn to the next major goal, which is to aggregate everything."Jupnet will consist of three key components:DOVE NetworkDOVE stands for Decentralized Oracles, which function to validate and execute.Omnichain Distributed Ledger NetworkBy creating a single decentralized trusted source among oracles, validators, and executors, we can easily achieve the next major feature—Jupnet can host a full-chain distributed ledger, regardless of how many chains, users, or transaction flows are in the system.Aggregated Decentralized Identity (ADI)For Jupnet, we want all users and developers to no longer use wallets as the primary user experience (UX) and development experience (DX) model, but instead adopt a more user-friendly approach, such as an account system, and support familiar features like multi-factor authentication (MFA) and account recovery.

ChainCatcher news, the composition of the Federal Reserve's rate-setting committee is about to change, while renewed inflation concerns are making central bank decisions more complex. Earlier this month, the Federal Reserve lowered the benchmark policy rate by 25 basis points and hinted that there would only be two rate cuts in 2025.Chairman Powell clearly stated that the central bank is entering a new phase, and future rate cuts may be more gradual, depending on whether inflation decreases. In addition to the seven members of the Federal Reserve Board and the President of the New York Fed, the presidents of 11 regional Federal Reserve Banks will also take turns voting on interest rate decisions in the Federal Open Market Committee (FOMC). Institutions expect more divergence in the FOMC in 2025. An assessment of the committee's voting members along the hawkish-dovish spectrum reveals that the opinions of next year's FOMC voting members will become more polarized, with views scattered at both ends of the spectrum and less concentrated in the middle.

ChainCatcher news, at the Solana Breakpoint conference, Jupiter co-founder Siong Ong stated that the upcoming upgrades for Perps include market orders, the Dove oracle standard, and gas-free transactions. Their Perps trading volume has exceeded $10 billion this year, while spot trading volume has surpassed $30 billion.

ChainCatcher news, sources say that the divergence among European Central Bank policymakers regarding the economic growth outlook is increasing, which may impact the interest rate cut debate in the coming months. Some are concerned about a recession, while others focus on persistent inflationary pressures. As the Eurozone economy enters a more unstable state, future policy decisions may become more complex. The crux of the debate lies in how weak economic growth and the potential for recession will affect inflation—this is the ultimate concern of the central bank, which aims to reduce the inflation rate to 2% by the end of 2025.Dovish policymakers remain in the minority, believing that the economy is weaker than expected, and the risk of recession is rising, as companies that previously hoarded labor begin to cut job vacancies, leading to a weak labor market. Once employment numbers decline, disposable income will also decrease, quickly eroding consumption and leading to a self-reinforcing economic recession. (Jin Shi)