ChainCatcher news, the British Columbia Court of Appeal upheld the provincial government's decision to limit electricity use for Bitcoin mining operations, rejecting the attempts by Bitcoin mining hosting provider Conifex Timber to secure unlimited electricity usage. The court supported BC Hydro, emphasizing its priority to protect public interest, safeguard the province's power supply, and prevent consumer electricity rate increases. Due to concerns about the impact of crypto mining on energy consumption, several provinces in Canada have implemented restrictions.

ChainCatcher news, the Prosecutor's Office of the Bokhan District in Irkutsk region has discovered an illegal cryptocurrency mining operation in a three-story orphanage in the village of Kazachye, where law enforcement officials seized 96 mining devices. The building was originally an educational institution but has been closed. A non-profit organization operated the mining site without permission, violating electricity and fire safety regulations, failing to maintain the equipment, and not installing a fire alarm system.The court ruled to dismantle all mining equipment and to stop the illegal use of the land, and the prosecutor's office has filed an administrative lawsuit against the head of the organization. Irkutsk region attracts a large number of miners due to low electricity prices and a cold climate, and although the government plans to completely ban mining by 2031, illegal mining sites continue to emerge in various buildings, becoming a key target for crackdown.

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, a whale with 50x leverage on Hyperliquid has closed their position, making a total profit of $80,000 through dual platform and dual line operations.$2.24 million shorted ETH on GMX, quickly closed for a profit of $170,000 after 5 minutes;$2.3 million longed ETH and shorted BTC on Hyperliquid, just closed to withdraw $2.46 million USDC, earning $160,000;$1.5 million longed ETH on GMX, just closed to withdraw $1.24 million, losing $250,000.

ChainCatcher message, according to the official announcement from OpenAI, the Operator feature is now fully available to Pro users in the EU, Switzerland, Norway, Liechtenstein, and Iceland.

ChainCatcher news, according to the official announcement from OpenAI, the Operator feature is now fully available to Pro users in the EU, Switzerland, Norway, Liechtenstein, and Iceland.

ChainCatcher news, according to official sources, the Monetary Authority of Singapore (MAS) and the State Securities Commission of Vietnam (SSC) have announced enhanced cooperation in the regulation of capital markets and the regulatory framework for digital assets to support the development of Vietnam's regulatory framework for digital assets.

ChainCatcher news, Jupiter co-founder Meow posted on the X platform stating that it needs to be clarified that all team members will be compensated and receive cash bonuses, and that they have never sold JUP tokens to meet operational needs, and hope to never have to sell JUP tokens. Meow also proposed:Personally very supportive of JUP tokens;Sending 50% of the revenue to a Litterbox trust to programmatically accumulate JUP tokens for long-term use;The need to use JUP tokens to coordinate and incentivize the entire team;Currently, Jupiter has enough capital and revenue to cover all necessary expenses.

ChainCatcher News: U.S. Congressman Hill stated that Trump should work with Congress on the Bitcoin reserve issue.

ChainCatcher message, Unichain announced the launch of a new validation network that further promotes on-chain decentralization by allowing anyone to run a node to validate blocks. This feature adds a layer of finality and reduces the risk of conflicting blocks.

ChainCatcher news, the TON ecosystem project Yescoin tweeted that Yescoin founder and Zhejiang University alumnus Zhang Chi (Zoroo) was taken away by the Shanghai police from Hangzhou due to a business dispute with partner Wang Mouxin, and the case has escalated to a criminal case. The Yescoin team stated that the product is still operating normally and thanked the community for their concern for Zhang Chi.

ChainCatcher news, according to official sources, the Sui blockchain has announced a strategic partnership with the Trump family's cryptocurrency project World Liberty Financial (WLFI).According to the agreement, WLFI will include SUI assets in its "Macro Strategy" strategic token reserves, and both parties have begun exploring product development opportunities.

ChainCatcher message, the Ethereum Foundation published an article on its official blog stating that the Pectra network upgrade was previously launched on the Sepolia testnet, but it was later discovered that there was an issue with the Sepolia permissioned deposit contract, which caused many execution layer clients to be unable to include transactions in blocks. The cause of the problem was quickly identified, and the client teams immediately began working on a fix. This issue is specific to the configuration of the Sepolia testnet and cannot occur on the Ethereum mainnet. Validators have now deployed a patch to restore the network to normal throughput. All Sepolia node operators must now upgrade their execution layer clients to maintain network compatibility.

ChainCatcher news, Ripple's Chief Technology Officer David "JoelKatz" Schwartz recently stated on social media, "Ripple can, will, and should prioritize its own interests. Investors should not expect Ripple to act in a way that harms the company and its shareholders for the benefit of investors." This implies that Ripple has the right to sell XRP tokens to raise operational funds, raising concerns among cryptocurrency investors.This statement is a response to the criticism from Pierre Rochard, Vice President of Research at Riot Platforms, who warned investors that "they are not investing in Ripple the company, but merely acquiring tokens that were created out of thin air. XRP is not a security because Ripple does not actually owe you 'utility' or anything else."Previous news, ZachXBT disclosed on his personal channel that Ripple co-founder Chris Larsen still holds over 2.7 billion XRP, worth approximately $7.18 billion.

ChainCatcher news, Tether CEO Paolo Ardoino released a new logo for the Bitcoin mining operating system "Mining OS" on the X platform.

ChainCatcher news, according to The Block, the cross-chain interoperability protocol Across Protocol has completed a $41 million funding round through the sale of its ACX tokens to expand its connectivity between Ethereum and layer two networks. This round of financing was led by Paradigm, with participation from Bain Capital Crypto, Coinbase Ventures, Multicoin Capital, and angel investor Sina Habinian.Hart Lambur, co-founder of Risk Labs Foundation, revealed that this funding round was completed in two phases, taking place in the second and fourth quarters of 2024. The token unlock plan for investors includes multiple one-year lock-up periods, lasting until November 2025. Across Protocol is an intent-based interoperability protocol that allows users to initiate cross-chain transactions with a single request.

ChainCatcher news, Privasea's privacy authentication application ImHuman has officially integrated into Intract's Persona Network, achieving decentralized identity authentication through Fully Homomorphic Encryption (FHE) technology, ensuring user data sovereignty while empowering real users to securely access AI services, precise airdrops, and Web3 ecosystem benefits.Intract's Persona Network has covered over 200 countries and 6 million users, providing developers with compliant user profile data to reduce the risk of false identities, and helping ordinary users profit from the assetization of privacy data.This collaboration marks a leap towards a trusted AI ecosystem for real user verification in Web3. Through the integration of cryptographic computing and identity networks, both parties are reshaping the interaction paradigm of digital identity and data value, driving the industry towards a safer and more efficient direction.