ChainCatcher News, the Fourth Circuit Court of Appeals in the United States recently dismissed a homeowner's lawsuit against the insurance company Lemonade Insurance. The homeowner claimed that the insurance company should compensate for a loss of $170,000 due to a cryptocurrency scam. However, the court ruled that under Virginia law, homeowners insurance only covers "direct physical loss," and digital theft of cryptocurrency does not meet this definition.The judge noted that the insurance company had fulfilled its compensation obligations under the relevant terms of the policy, providing $500 for electronic transfer theft compensation.

ChainCatcher news, Jupiter DAO posted on platform X to remind: there are less than 3 days left to determine the fate of 215 million unallocated JUP tokens. As of now, the votes have exceeded 245 million. "The specific end time is 11:30 PM on October 1.Previous news, Jupiter co-founder Meow released a proposal draft to handle the 215 million unallocated JUP tokens, which originated from the unclaimed or unreallocated portion of the Jupuary airdrop earlier this year. The proposal presents three options:Use the tokens for the Active Staking Rewards (ASR) program for the next year;Burn the tokens;Return the tokens to the community multi-signature wallet.According to the draft, the Jupiter team "strongly" recommends the first option, believing that the ASR program has been effective in promoting community participation and DAO voting.

ChainCatcher message, regarding the large sell-off of NX token during the presale, Jupiter co-founder Meow commented on the X platform that the issues with token presales need to be addressed, as the current standards are very poor for industry alignment.In addition, he added: "This is also the reason why we did not conduct a presale for JUP, but instead innovated on the launchpool model."

ChainCatcher news, Jupiter co-founder Meow responded to users on Twitter, stating that the team does not charge a platform fee for transactions on Jupiter, and transactions are 100% free.The fees mentioned earlier are actually charged by one of Jupiter's exchange API partners. Meow also revealed that Jupiter has launched a new API feature that allows partners to choose the charging method when inputting or outputting, which will help optimize the fee structure in the future.

ChainCatcher message, Jupiter co-founder meow released a supplementary statement regarding some issues faced by the Jupiter platform last week. He expressed sincere gratitude to users and community members, apologized for technical and communication errors, and committed to continuous improvement of the platform experience.Details of the supplementary statement:Priority fee calculation error: There was an error in estimating the priority fee when calculating the gas required for front-end execution. Although this is not common under normal circumstances, it became a major issue during severe congestion. The team takes full responsibility for this.DCA downtime issue: Due to an estimation error by CU, the platform's DCA function was down for about 6 hours, resulting in user orders not being executed. The team expressed deep apologies for this and will review operations to improve vigilance.Low liquidity tokens: To ensure the safe execution of DCA, the platform conducts price and slippage checks before trading. However, the marked price of low liquidity tokens may differ significantly from the execution price, preventing the engine from executing trades. The team will improve the user interface, add more information, and optimize safety check methods.Future plans: The team plans to add more information to the user interface and gradually implement intelligent safety checks to address existing issues.

ChainCatcher news, Irene Zhao spoke in X Space, stating that the collaboration with Jupiter is due to its founder Meow's appreciation for the narrative of Asian moms.Previously, news reported that Jupiter co-founder Meow posted on social media, indicating a collaboration with Irene Zhao to launch the meme coin metadata platform ASIANMOM, attempting a new launch mechanism to improve meme coin metadata and address some major PvP issues in the current release metadata of meme coins: including false widespread distribution, sniping, opaque development allocation, deceptive "influencers," and large-scale presales using developer dumps, etc.

ChainCatcher news, Ethereum co-founder Vitalik Buterin interacted with the community multiple times today on social media using Chinese lyrics.Community users referred to ETH holders as "Originally, you are the luck I want to keep the most, originally we were so close to love," to which Vitalik replied that meme coin holders are like "We learn to meow together, meow meow meow meow meow."He also described the efforts of anti-censorship builders as "Unconditionally giving up the journey alone for you, being strong for you is not afraid of sacrifice" from Chinese lyrics.