Pera

Yala and Plume strategic cooperation will inject Bitcoin liquidity into RWAfi

ChainCatcher news, Bitcoin's native liquidity layer Yala announces a strategic partnership with the real-world asset finance (RWAfi) public chain Plume to jointly promote the seamless integration of the Bitcoin ecosystem and real asset yields. Bitcoin holders will be able to easily access Plume's institutional-grade asset portfolio through Yala RealYield, achieving the dual goals of asset appreciation and stable returns.As a leading RWA infrastructure, Plume has aggregated over 180 projects through its EVM-compatible ecosystem, transforming traditional financial products, carbon credits, GPU computing power, as well as alternative assets and collectibles into liquid DeFi products with its end-to-end tokenization engine. Yala's innovative Bitcoin-native solution conveniently injects Bitcoin liquidity into the DeFi and RWA sectors.Through this collaboration, Bitcoin holders can participate in Plume's selected tokenized fixed-income assets (such as U.S. Treasury bonds, corporate bonds, private credit, etc.) via Yala RealYield, earning stable BTC returns. Each asset comes with clear risk levels, terms, and annual percentage yield (APY) clauses to ensure user decision safety.This partnership marks the acceleration of Bitcoin's penetration into the RWA sector, and the synergy between Yala and Plume will jointly drive the transformation of the multi-trillion-dollar real asset market, significantly enhancing Bitcoin's capital efficiency and application scenarios.

The decentralized AI training platform FLock.io has reached a strategic cooperation with Alibaba Cloud, focusing on three major technological directions

ChainCatcher news, the decentralized AI training platform FLock.io officially announces a strategic partnership with Qwen, a leading series of open-source large language models under Alibaba Cloud, marking a deep connection between decentralized AI and blockchain technology within the mainstream AI ecosystem.This collaboration focuses on three major technological breakthroughs:Technological Integration: Combining Alibaba Cloud's centralized infrastructure with FLock.io's decentralized technology to jointly develop domain-specific and general AI models, while promoting the seamless integration of decentralized AI models into centralized platforms.Data Privacy Protection: Exploring the combination of distributed ledger technology and federated learning to address data privacy and sovereignty issues in model training, providing innovative solutions for the secure application of private data.Collaborative Innovation: Through joint research and technological collaboration, creating a more inclusive, scalable, and privacy-preserving AI ecosystem, facilitating the collaborative development of centralized and decentralized AI.As one of the world's leading large language models, Qwen has demonstrated outstanding performance in multiple authoritative benchmark tests and is widely used in natural language processing, content generation, and other fields. Through this collaboration, FLock and Qwen will work together to explore deeper technological integration, maintaining the advantages of high-performance AI models while promoting the practical application of decentralized AI training in a broader range of scenarios, making it more accessible, flexible, and valuable in both centralized and decentralized ecosystems.

The cryptocurrency exchange eXch announced it will cease operations on May 1 due to money laundering allegations

ChainCatcher news, according to Cointelegraph, the cryptocurrency exchange eXch announced that it will cease operations on May 1. Earlier reports indicated that the exchange was used for money laundering, involving some of the stolen funds from the $1.4 billion hack incident related to Bybit.In an announcement on April 17, eXch stated that the majority of the management team voted to adopt a "stop and retreat" strategy in response to allegations that the North Korean hacking group Lazarus Group laundered approximately $35 million through the platform—funds that originated from the $1.4 billion hack suffered by Bybit.The exchange claimed it had become a target of a "transatlantic joint law enforcement operation" aimed at shutting down its business and potentially filing criminal charges. eXch stated in its announcement: "Although we have withstood multiple attempts to shut down our infrastructure and maintained operations, we believe it is pointless to continue operating in an environment where we have become a target of signals intelligence surveillance, solely due to the hostile environment created by the misinterpretation of our mission by certain individuals." The exchange initially denied blockchain detective claims that it assisted the Lazarus Group in laundering money but acknowledged handling a "very small portion of funds" from the February hack incident.
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