ChainCatcher news, according to The Block, Bitfarms co-founder Nicolas Bonta announced his resignation from the board of directors, CEO Ben Gagnon has been appointed as a member of the company's board, and chief director Brian Howlett has been appointed as the new independent chairman.

ChainCatcher news, according to Decrypt, the on-chain prediction liquidity layer Azuro is developing autonomous agents that can operate within the Azuro ecosystem using the autonomous AI agent network Olas, which predicts sports event outcomes. Azuro will also host a hackathon to provide tools and frameworks for developing new autonomous agents and expanding use cases for prediction markets.It is reported that Azuro is the leading infrastructure layer for sports and entertainment prediction markets on EVM chains and has become the top revenue-generating protocol on Polygon. Olas is known for its composable stack that supports the development of autonomous services, providing a framework for building advanced autonomous agent technology.

ChainCatcher message, the proposal initiated by the AI project Autonolas to "reduce the recent inflation rate of OLAS" is now open for voting.The proposal details a revised inflation curve for the OLAS token supply over the next decade, aiming to postpone the increase in inflation to the future while balancing the distribution of tokens among staking, bonding, and developer rewards. Currently, Autonolas allows for a maximum issuance of 1 billion OLAS in the first ten years. In the existing model, the inflation in the 3rd year significantly increases to 71,239,135.50 tokens, raising concerns in the market.The new model suggests adjusting the inflation in the 3rd year to 40,400,000 tokens, postponing the higher inflation to the 5th and 6th years, with increases of 80,000,000 and 72,000,000 tokens respectively, to support network growth and innovation while maintaining a balance between inflation and demand.

ChainCatcher news, AI agent protocol Autonolas announces that the democratic artificial intelligence protocol Virtual Protocol has deployed optimized agent behavior AI models for game developers on the Base blockchain through Olas's AI Mechs.

ChainCatchter news, Hong Kong Cyberport CEO Simon Kwan stated in a recent interview with Finance730 that the Hong Kong government is actually "making an exception" to promote Web3 and virtual assets, clearly seeing the disruptive changes that the third generation of the internet will bring to long-term technology. Therefore, it is quite visionary to promote this. Hong Kong Cyberport has become the Web3 base in Hong Kong, with most companies coming from overseas, and over 200 companies are already engaged in Web3 business.Simon Kwan also mentioned that financial institutions may need time to adjust their policies and risk control measures, but there are already two virtual banks within Hong Kong Cyberport, which have helped Web3 companies open bank accounts. In response to former Hong Kong Monetary Authority CEO Norman Chan's statement that "virtual assets are a casino," Simon Kwan replied that Norman Chan mistakenly equated the government's promotion of Web3 with encouraging speculation in virtual currencies, but many Web3 applications are not cryptocurrencies and cannot be considered speculation.

According to Chain Catcher, The Block reported that digital asset custody firm Komainu has appointed former head of the Italian Stock Exchange, Nicolas Bertrand, as CEO. Bertrand stated that there are no plans to raise additional funds, and he will attempt to reduce expenses while continuing to focus on innovation.It is reported that Komainu was launched in June 2020 by Nomura Holdings, Ledger, and CoinShares, aiming to provide secure and compliant custody services for institutions. According to a previous report by Chain Catcher, Komainu completed a $25 million Series A funding round last March. (The Block)

Chain Catcher News, according to Bloomberg, a spokesperson for the U.S. Department of Justice stated that Nicholas McQuaid, the head of the Criminal Division's focus on cryptocurrency crimes, plans to leave this weekend. During his nearly 20 months at the Department of Justice, Nicholas McQuaid created a team dedicated to investigating and prosecuting cryptocurrency schemes. (Bloomberg)