ChainCatcher news, the 3D digital asset Layer Zero issuance platform MUA DAO has unlocked its first full-chain genesis space M-Space today at 8 PM Beijing time, currently linking BTC and the EVM ecosystem.It is reported that the platform allows users to convert digital content from Web3 on-chain and Web2 platforms into 3D assets, and enables space holders to freely combine their 3D digital assets within M-Space, set quantities and royalties, and then publish them on-chain for secondary sales to new users. New users can also add their own assets into the subspace to create new space assets. Based on a recursive protocol, genesis users will receive continuous royalty sharing from subsequent new assets. All data and code of M-Space are open-sourced on-chain and managed in a decentralized manner by the DAO.M-Space empowers users with low barriers and high freedom to create, publish, and trade their own metaverse spaces across different chains, activating existing digital assets in the market to generate more cross-chain interoperability and liquidity. Users holding the 3D space M-Space essentially possess a Layer Zero issuance platform capable of infinitely combining to create new metaverses.

ChainCatcher news, in response to the previous lawsuit filed by FTX against LayerZero and its former COO, LayerZero co-founder and CEO Bryan Pellegrino tweeted that the entire lawsuit is filled with unverified claims. LayerZero has been in communication with the FTX liquidators for nearly a year and has repeatedly attempted to proactively resolve the ownership issues with them, but has been ignored. The purpose of their claim is not to resolve the issues but merely to prolong the process in hopes of obtaining more legal fees; any claims regarding "illegal" withdrawals are incorrect.Previous report, on September 10, FTX creditor @sunil_trades stated on social media that according to the lawsuit documents, FTX has filed a recovery lawsuit against LayerZero Labs and other related parties, seeking to recover approximately $41 million in funds. Additionally, earlier today it was reported that FTX, led by CEO John Ray III, is suing LayerZero Labs to recover $86 million transferred just before the bankruptcy.

ChainCatcher message, the official announcement from zkLink integrates with the Layer Zero network to further decentralize and enhance the omnichain security design. It is reported that zkLink has a secure multi-chain transaction mechanism in the cryptocurrency industry, which can minimize the risks for dApp users. (Source link)