ChainCatcher news, the U.S. Attorney's Office for the Eastern District of New York announced that Instagram influencer Jebara Igbara (also known as Jay Mazini) has been sentenced to 84 months in prison by U.S. District Judge Frederic Block for executing multiple fraud schemes totaling at least $8 million.It is reported that Jebara Igbara carried out scams targeting members of the Muslim American community in New York through his company Halal-Capital LLC, posting cryptocurrency prices on Instagram and other social platforms that were above market value, and sending modified wire transfer receipt images, implying that he had made the transfers. However, he never actually sent any money.

ChainCatcher news, according to Chainwire, the RWA L1 blockchain MANTRA has announced the launch of the Hongbai incentive testnet, which is also the second phase of the MANTRA Chain testnet.It is reported that this testnet is expected to expand the ecosystem's user base and encourage the development of decentralized applications (dApps) on the MANTRA Chain, focusing on areas including: adopting OM as the native token, CosmWasm developer access, access to custom modules and user interface deployment, phased acceptance of validators, and user participation activities.

ChainCatcher news, according to Xinhua News Agency, at the Guangdong-Hong Kong-Macao Greater Bay Area Digital Economy Development Conference, Li Haolong, chairman of the Greater Bay Area Capital Group, stated that the Greater Bay Area Capital Group (GBA Capital) will announce the launch of a $10 billion meta-asset Web3.0 industry fund, investing in global related sectors such as meta-assets, metaverse, NFTs, and RWAs, to help the Guangdong-Hong Kong-Macao Greater Bay Area become the "World Capital of Meta-Assets."