According to ChainCatcher news, the official website shows that three Chinese individuals, including former Paxos CEO, Scroll co-founder, are directly involved in the Trump family's crypto project WLFI. Former Paxos CEO Rich Teo serves as a team member, taking on the role of stablecoin and payment supervisor; Scroll co-founder Sandy Peng and Ankr founder Ryan Fang join as advisors.

ChainCatcher news, according to Bloomberg, Worldpay Inc. plans to directly participate in the process of validating blockchain transactions for a better understanding of how digital ledgers operate.Sanchit Mall, Head of Web3 and Crypto for Worldpay in the Asia-Pacific region, stated that the payment provider, which supports over a million merchants worldwide, is in discussions with selected blockchains to become a validator."Our idea is to be part of the underlying ecosystem," Mall said in an interview, adding that as future funds flow on digital ledgers, Worldpay intends to engage in blockchain infrastructure.Mall noted that so far this year, the company has processed $1.3 billion in payments using stablecoins, while that figure was less than $1 billion in 2023.

ChainCatcher news, according to The Block, Circle's US dollar stablecoin USDC has entered the Brazilian and Mexican markets, allowing the Brazilian real and Mexican peso to be directly exchanged for USDC without the need to convert the fiat currency into US dollars.

ChainCatcher news, SoSoValue announced the preview of its token economic system during the Side Event "SoSoValue VIP Firechat" co-hosted with Rootdata at Token 2049 in Singapore. It was announced that the EXP points system will be directly linked to future token airdrops, with the distribution of token airdrops based on users' points in the EXP system. Additionally, SoSoValue announced the launch of the Node Ambassador Program --- SoSoValue Affiliates Program.The program aims to invite more users to become Node Ambassadors for SoSoValue, where users can not only participate in AI training to receive better customized information services but also help monetize their personal influence. The Node Ambassador Program will have an independent token airdrop pool in addition to the basic EXP pool, allowing users to participate in both the EXP system and the Node Ambassador Program to enjoy dual point rewards. According to the rules of the Node Ambassador Program, after reaching the total invitation threshold, users who complete the specified number of invitations can share up to 3% of the token pool. The first season of the Node Ambassador Program (Season 1) will launch in October and will conclude before the TGE.

ChainCatcher message, SunPump has released an official announcement, reminding users to be cautious of the risks posed by fake websites. SunPump stated that recently some users mistakenly accessed fraudulent websites promoted by malicious bidding ads when searching for "SunPump" on Google. These fake links may mislead users and pose potential risks to their financial security.SunPump advises users to carefully verify the source when visiting websites, avoid clicking on unknown links, and recommends accessing the platform directly through the official address. Currently, the SunPump team is actively communicating with relevant platforms to resolve this issue and ensure a safe experience for users.

ChainCatcher news, a Coinbase spokesperson clarified on Wednesday that Harris's statement about "accepting cryptocurrency donations" was inaccurate. The spokesperson stated, "Coinbase can confirm that the lobbying organization Future Forward PAC has partnered with Coinbase Commerce to accept cryptocurrency donations." Harris's campaign website currently does not offer the option to donate via cryptocurrency.Although Harris's campaign team does not directly accept cryptocurrency donations, Future Forward USA is a major source of support for Harris, and this development may at least signal the Democrats' growing interest in cryptocurrency.

ChainCatcher news, according to AASTOCKS, New Fire Technology announced the acquisition of all issued share capital of Avenir Asset Holding for approximately $30.4621 million (about HKD 238 million). The company will pay for this by issuing up to nearly 110 million new shares. Avenir Asset Holding indirectly holds about 84.62% of the issued share capital of BitTrade. Avenir Asset Holding will become a wholly-owned subsidiary of the company, and BitTrade will become an indirect subsidiary of the company. BitTrade is primarily engaged in cryptocurrency trading.The company also acquired approximately 7.69% of the issued share capital of BitTrade from Goldenway for $2.7694 million (about HKD 21.6016 million), and the company will pay for this by issuing up to 9.909 million new shares. The shares mentioned above will collectively account for up to approximately 20.33% of the company's enlarged share capital.It is reported that BitTrade is a licensed virtual currency exchange service provider in Japan. BitTrade has joined the three major self-regulatory associations officially recognized by the Financial Services Agency, which have the ability to formulate and enforce cryptocurrency trading rules and standards in Japan, and can promote the introduction and development of the Japanese security token system. BitTrade is also a member of two associations in the Japanese crypto asset industry.

ChainCatcher message, according to data from K33 Research, the Norwegian sovereign wealth fund (NBIM) currently holds 2,446 BTC indirectly through investments in technology companies that hold cryptocurrencies.Since December 31, 2023, its "holding value" has been slightly above $143 million, increasing by 938 BTC.

ChainCatcher news, K33 Research senior analyst Vetle Lunde stated on the X platform: "The Norwegian sovereign wealth fund (NBIM) indirectly holds 2,446 bitcoins, an increase of 938 since December 31, 2023. This growth is likely due to a predetermined algorithm-based sector weight allocation and risk diversification strategy. It is unlikely to be a deliberate choice to increase bitcoin exposure—if increasing bitcoin exposure were the goal, we would see more evidence of direct exposure initiatives (and significantly larger exposure).Nevertheless, this perfectly illustrates how bitcoin as an asset is maturing and being incorporated into any diversified portfolio. Thanks to the corporate bitcoin reserve strategies promoted by Michael Saylor, Jack Dorsey, Fred Thiel, and others, by the end of the first half of 2024, the average Norwegian indirectly holds 44,476 "satoshis" (approximately $27) of bitcoin.The growth in indirect exposure comes from: an increase in exposure to MicroStrategy from 0.67% to 0.89%; MicroStrategy increased its exposure by 37,181 bitcoins in the first half of 2024; exposure to Marathon Digital increased from zero to 0.82%; exposure to Coinbase increased from 0.49% to 0.83%; exposure to Block Inc increased from 1.09% to 1.28%."

ChainCatcher news, Blur and Blast co-founder Pacman recently tweeted to announce a new incentive policy for the Blast ecosystem. The main changes include:New "Cultural" category: Meme coins and NFT projects will directly receive gold incentives.Asset incentives: Projects can now allocate gold to native assets (subject to Blast Foundation review).Pacman stated that these changes are the first step in supporting Blast assets, and adjustments will be made in the future based on the implementation results.He also mentioned that it is unfortunate that the Pacmoon project decided to migrate before this policy was introduced, but he respects their decision. The incentives originally planned for Pacmoon will be distributed to previous holders based on snapshots taken two weeks before and after the TGE.Previous news, the Blast community token PacMoon announced its migration from Blast to Solana, and will receive an airdrop on Solana based on the PAC burned.

ChainCatcher news, according to TheBlock, BRN chief analyst Valentin Fournier stated that Bitcoin mining companies seem to be purchasing Bitcoin directly from the market to increase their reserves. These mining companies may have entered a new accumulation phase, and these actions have triggered the Hash Ribbon signal, which is a long-term bullish indicator highlighting the end of miner capitulation.

ChainCatcher news, according to Bitcoin.com, Unbound Fund announced a new opportunity for individuals to obtain Portuguese/EU citizenship by indirectly holding Bitcoin worth approximately $542,000 (€500,000). The fund is the first of its kind to qualify for a golden visa, providing exposure to the risks of Bitcoin.The founder of Unbound Fund believes that Bitcoin can become a tool for free movement in a mutually beneficial relationship with Portugal.

ChainCatcher news, according to Bitcoin.com, employees of the National Electricity Administration of Paraguay (ANDE) have been accused of directly participating in the establishment of illegal Bitcoin mining farms in Paraguay. Seven engineers employed by ANDE will be involved in organizing illegal connections to provide electricity for Bitcoin operations in Paraguay.ANDE's director, Felix Sosa, clarified that the agency's internal audit department is conducting a verification and organizational investigation of the organization. All relevant information will be submitted to the National Prosecutor's Office for further investigation. However, Sosa stated that employees of the national electricity company have not been responsible for executing electrical connections for some time and have delegated this function to third-party contractors.Since December of last year, ANDE has been fighting against illegal Bitcoin mining connections and has cut off power to more than 70 mining farms that were drawing unmetered electricity directly from the grid.

ChainCatcher message, NextGen Digital Venture partner Christian2022.eth posted on platform X listing the seven sins of Blast founder Pacman. The main points are:Did not choose to issue tokens at the best time, worked hard for more than three months, and the market cap expectation is even lower, OKX and BN also did not list it;Poor technical skills are the original sin, without solid infrastructure, the result is that the infrastructure cannot keep up, and the yield model that seemed good at first was verified to have a poor experience even for basic needs like cross-chain bridges, exchanges cannot withdraw directly, and retail investors cannot enter;Endless manipulation, from March to May, and from May to the end of June, today everyone finds out they will be manipulated for another six months;Lack of deep understanding of liquidity, possibly because he has not engaged in traditional DeFi and is not a major player;Completely lacks a sense of contract, directly offending all major players;Gold distribution is relatively decentralized, but still binds small interest groups;No sense of responsibility or very arrogant, did not show up at the agreed time, waited for an hour in vain, did not respond to messages, and did not offer any apology afterward.

ChainCatcher news, the Dubai-based blockchain real estate trading platform Directly has completed a $1 million financing round, with participation from Singapore venture capital firm V3V Ventures.Directly is currently exploring the integration of blockchain technology in the Dubai real estate sector. In addition to cryptocurrency transactions, Directly is also committed to enhancing the efficiency and transparency of the real estate market through blockchain technology, providing pricing and rewarding investment opportunities.

ChainCatcher news, according to local media EBN, the Financial Services Commission (FSC) of South Korea announced that it will not directly participate in the inspection of cryptocurrencies listed on Korean exchanges.Previously, there were rumors that South Korean financial regulators planned to delist cryptocurrencies that did not meet listing requirements before July of this year. The FSC stated that it only inspects cryptocurrency operators and does not directly inspect tokens. The final announcements regarding token inspections and delistings will be the responsibility of the cryptocurrency exchanges and the Korea Digital Asset Exchange Alliance (DAXA), which is the consulting body for Korean digital asset exchanges.

ChainCatcher news, according to a report by Cointelegraph, a survey by KPMG shows that 39% of Canadian institutional investors surveyed indicated that they have invested in crypto assets directly or indirectly in 2023, up from just 31% in 2021. Meanwhile, one-third of institutional investors allocate 10% or more of their portfolios to crypto assets, compared to only one-fifth two years ago.Additionally, half of the surveyed institutional investors have exposure to crypto assets through Canadian ETFs, closed-end trusts, or other regulated products, while 58% of institutional investors have exposure to crypto assets through the stock market (e.g., Galaxy Digital on the Toronto Stock Exchange).

ChainCatcher message, TON announced that USDt has been launched on TON, simplifying global peer-to-peer payments for Telegram's 900 million monthly active users. Users can now easily purchase USDt-TON directly through the wallet in Telegram.