ChainCatcher message, DeSpread co-founder GM Chung forwarded a community message stating that during the curfew in South Korea yesterday, opposition member and cryptocurrency supporter Kim (Kim Nam-guk @lawmaker2024) was found listening to the Bitcoin scaling solution Stacks' DeFi Show X Space.In addition, he was also known for being an official STX holder.

ChainCatcher news, according to Bloomberg, research firm Kaiko stated that the wash trading strategy used to enhance the value of the FBI-created token NexFundAI remains a common practice on decentralized exchanges (DEX) and can also be encountered on certain centralized exchanges.In a report on Thursday, Kaiko analysts indicated that their data shows that among over 200,000 assets on Ethereum DEX, many lack utility and are controlled by individuals; some token issuers are establishing short-term liquidity pools on the exchange Uniswap, controlling the liquidity in the pools and engaging in wash trading to attract other investors; once others enter, the issuers sell off the tokens, achieving returns of up to 22 times their initial Ethereum investment within about 10 days; this analysis reveals widespread fraudulent behavior among token issuers, extending beyond the scope of the FBI's NexFundAI investigation.Kaiko noted that certain centralized exchanges, such as HTX and Poloniex, also appear to have wash trading. According to Kaiko, these exchanges have the highest number of assets, with trading volume to liquidity ratios exceeding 100 times, which may be an indication of wash trading.Kaiko also stated, "We can also see that tokens such as meme coins, privacy coins, and low market cap altcoins often exhibit abnormally high trading volume to depth ratios." Taking the meme coin Pepe as an example, Kaiko found that "in 2024, there is a significant divergence in trading volume trends between HTX and other platforms. The PEPE trading volume on HTX remains high, even increasing in July, while the trading volume on most other exchanges has declined."

ChainCatcher news, according to The Information, two years ago, the behind-the-scenes giants of the U.S. financial market launched the Wall Street blockchain project "Project Ion." The project aims to revolutionize the way stock trading settlements are conducted using blockchain technology, including cash settlement and obtaining stock certificates.Well-known companies such as JPMorgan and Robinhood were involved, but ultimately the project failed to gain widespread adoption and quietly ended at the end of last year.

ChainCatcher news, according to Cointelegraph, despite the growing popularity of cryptocurrencies and blockchain, the complexity of the technology may make it difficult for the average user to understand, thereby hindering more people from entering the field.According to a survey conducted by the Australian cryptocurrency exchange Swyftx in August, 43% of the 2,229 respondents indicated that they had not used the technology because they were unsure how it works. Industry experts generally believe that the sector should focus on simplifying educational resources and user interfaces to attract more average users. In addition to technological complexity, factors such as asset storage security and regulatory uncertainty also pose barriers to widespread adoption.Experts suggest that the crypto industry should strive to make the technology easier to understand and use while maintaining its innovative essence, such as simplifying complex concepts, providing user-friendly interfaces, and offering comprehensive educational resources.

ChainCatcher news, according to CoinDesk, the Central Bank of Russia plans to achieve widespread use of the digital ruble by July 2025. The Central Bank of Russia stated on Thursday, "Banks need to enable customers to open and top up digital ruble accounts, make transfers, and accept digital rubles within their infrastructure, promoting the widespread use of the national digital currency. Importantly, it should be available for citizens and businesses to use freely on an equal basis with cash and non-cash funds."It is reported that Russia has been testing its CBDC with 12 banks. Earlier this month, the number of participants in the trial expanded from 600 to 9,000.

ChainCatcher News: The Bitcoin L2 network Stacks has announced the establishment of an Asian Foundation, which will lead the growth and development of the Stacks ecosystem in Asia. Organizations including DeSpread, Spartan Group, and SNZ will become its strategic partners. The foundation will initially secure $15 million in funding from private holders of Stacks for regional operations, with the possibility of obtaining more grants in the future.

ChainCatcher news, according to Coingecko data, the AI sector is experiencing a widespread increase.Among them:FET 24H increase of 14%, currently at 1.12 USDT;NEAR 24H increase of 10.5%, currently at 4.17 USDT;GRT 24H increase of 10.2%, currently at 0.168 USDT;EMC 24H increase of 42.5%, currently at 0.23 USDT;OCEAN 24H increase of 14.6%, currently at 0.48 USDT.

ChainCatcher news, August 3, market data shows that as BTC falls below $61,000, altcoins are experiencing a widespread decline, including:· FLOW current price $0.58, 24-hour decline of 16.45%· PYTH current price $0.29, 24-hour decline of 12.4%· JTO current price $2.58, 24-hour decline of 11.3%· ARKM current price $1.06, 24-hour decline of 12.6%· SOL current price $149, 24-hour decline of 10%· NEAR current price $4.45, 24-hour decline of 10.49%· AR current price $23.8, 24-hour decline of 10.7%· SUI current price $0.62, 24-hour decline of 10.1%· STX current price $1.5, 24-hour decline of 11.4%

ChainCatcher news, Vitalik Buterin stated in a post on X that he introduced the concept of "one-sided capability trap" in his comments on the article "The Bitcoin Block Size War."Buterin pointed out that one group monopolizes all capabilities, but their views are narrow and biased; another group, while recognizing the problem, becomes obsessed with opposition and fails to develop execution capabilities. This situation leads to the pro-large block side failing to realize the importance of execution capabilities, ultimately resulting in multiple failures when creating fork chains like Bitcoin Cash, with the community stabilizing only after several splits. Buterin referred to this as the "one-sided capability trap" and believes this phenomenon is widespread in various types of politics and projects.Vitalik stated, "This phenomenon is widespread in different types of politics and projects. We should better understand how to escape this trap."

ChainCatcher news, according to Bitget market data, Solana ecosystem tokens have experienced a widespread decline.Among them:SOL has dropped over 9.39% in the last 24 hours, currently priced at $135;MYRO has dropped over 16% in the last 24 hours, currently priced at $0.11;JTO has dropped over 14.59% in the last 24 hours, currently priced at $2.08;SAMO has dropped over 11.77% in the last 24 hours, currently priced at $0.0094;BONK has dropped over 11.52% in the last 24 hours, currently priced at $0.000022.

ChainCatcher news, according to Cointelegraph, zkSync developer Matter Labs has filed trademark applications for "ZK" in 9 countries, claiming that the term "zero knowledge" is the company's exclusive intellectual property. This move has sparked widespread discontent in the crypto industry.In response, industry leaders including Polygon co-founder Sandeep Nailwal and Brendan Farmer, StarkWare CEO Eli Ben-Sasson, Polyhedra Network co-founder and zkBridge inventor Tiancheng Xie, as well as Turing Award winner and co-inventor of ZK-proofs Shafi Goldwasser, signed an open letter calling for Matter Labs to withdraw the trademark application, stating that it is an "oppressive act."StarkWare CEO Eli Ben-Sasson directly stated that Matter Labs' attempt to trademark ZK technology is an "absurd act of intellectual property hijacking."Currently, Matter Labs has not responded to this matter.

ChainCatcher news, OKX announced a partnership with Web3 mobile infrastructure provider Jambo, which was established after OKX's investment arm, OKX Ventures, made a strategic investment in Jambo.It is reported that this collaboration will promote the integration of the OKX app with JamboPhone, which has successfully launched in over 120 countries and regions. The OKX app will be pre-installed on JamboPhone, providing users with self-custody Web3 wallet services. The OKX Web3 wallet covers over 200,000 tokens, 90+ chains, thousands of dApps, and the widest range of inscription markets. The shared mission of both parties is to enhance access to Web3 technology and drive mass adoption.Jambo co-founder James Zhang stated, "By integrating the OKX app into the Jambo ecosystem, we can enable users in emerging markets to participate in the digital ecosystem safely and efficiently. The integration of the OKX app with Jambo Phone will open up new avenues for user engagement in emerging markets."

ChainCatcher news, OKX Ventures partner Jeff Ren delivered a keynote speech at the "OKX Web3 Night" event held during the Hong Kong Web3 Carnival on April 6. Jeff Ren expressed his pleasure in discussing the latest innovations and trends with industry leaders such as Solana, Aptos Labs, and Polyhedra, noting that these advancements not only demonstrate their efforts towards industry innovation but are also crucial for Web3. The close collaboration between OKX and these leaders aims to promote broader connections and cooperation within the blockchain community and contribute to a more interconnected and efficient blockchain ecosystem strategy.Jeff Ren pointed out that as one of the most active contributors in the Web3 space, OKX Web3 focuses on accelerating the growth and adoption of the blockchain ecosystem, driving adoption by providing robust support for developers across various chains and protocols, which reflects OKX's commitment to supporting blockchain infrastructure. However, OKX is not only dedicated to developing cutting-edge products but also actively invests in infrastructure, ecological governance protocols, and more to bring additional use cases to the blockchain, which is vital for advancing blockchain technology. OKX recognizes that strong infrastructure is a prerequisite for the widespread adoption of blockchain technology and is committed to meaningfully supporting a more decentralized future. In the future, OKX will also establish close ties with the Hong Kong crypto technology community and contribute to the evolution of blockchain technology, co-building the future of the digital age.

ChainCatcher news, according to Coingecko data, Ethereum L2 projects have experienced a widespread decline.Among them:Polygon token MATIC has dropped 8.4% in the last 24 hours, currently priced at $1.14;Immutable token IMX has dropped 8.8% in the last 24 hours, currently priced at $3.08;Optimism token OP has dropped 11.6% in the last 24 hours, currently priced at $3.83;Mantle token MNT has dropped 12.5% in the last 24 hours, currently priced at $0.903;Arbitrum token ARB has dropped 8.1% in the last 24 hours, currently priced at $1.89;Starknet token STRK has dropped 11.8% in the last 24 hours, currently priced at $2.19;Metis token METIS has dropped 10.8% in the last 24 hours, currently priced at $117.3.