ChainCatcher news, according to CryptoSlate, American billionaire Frank McCourt is leading a consortium to acquire TikTok and decentralize it using Project Liberty's Decentralized Social Network Protocol (DSNP).In a press statement, McCourt emphasized that the bid aims to empower users by migrating TikTok to an open-source protocol. This move is intended to restore control over digital identity and data, giving Americans a significant voice and stake in the future of the network. McCourt plans to rebuild TikTok with DSNP, utilizing the Polkadot parachain social platform Frequency.

ChainCatcher news, according to official information, the CLV team has decided to retain and renew the parachain lease on the Polkadot network. CLV initially planned to migrate to the Binance Smart Chain after the lease with Polkadot ended.In addition, CLV stated that it is currently developing a comprehensive reward program to express gratitude and compensate users for any inconvenience caused by the suspension during the migration process.

ChainCatcher news, Polkadot announced yesterday at Consensus 2023 that the social network MeWe, with 20 million users, will integrate with Polkadot's parachain Frequency blockchain network. The announcement added that the company will begin transferring its user accounts to the network this quarter.It is reported that MeWe was launched in 2012, claiming to be a "Facebook alternative" with better privacy protection. After Twitter banned Trump's social account, some users began to migrate to MeWe. Frequency was launched as a Polkadot parachain last November. (CoinDesk)

ChainCatcher news, the NFT ecosystem Moonsama wins the 42nd round of Polkadot parachain slot auction.Moonsama aims to unlock the potential of NFTs as truly practical elements in the Web3 space by developing infrastructure and practical solutions to accelerate the market entry of NFT-driven applications. (source link)

ChainCatcher news, Hashed Network wins the 40th round of Polkadot parachain slot auction. Hashed Network focuses on supporting flexible spending policies, native Bitcoin, and real-time proof of reserves for multi-signature digital asset vaults. (Source link)

ChainCatcher news, according to the official Polkadot announcement, Aleph Zero has won the 38th round of the Polkadot parachain slot auction.Aleph Zero is a Layer 1 privacy-enhanced blockchain based on the AlephBFT consensus, featuring scalability, low transaction fees, and developer friendliness. The AlephBFT consensus utilizes a directed acyclic graph architecture as an intermediate data structure to quickly achieve finality. (Source link)

ChainCatcher news, a researcher named pwning.eth from Immunefi reported a serious vulnerability called Frontier in June. This vulnerability could be exploited to steal up to $200 million from three Polkadot parachains (Moonbeam, Astar Network, and Acala).After the vulnerability was reported, the team has fixed it, and no funds were lost. Moonbeam and Astar have active bug bounty programs with Immunefi, rewarding white hat hackers with $1 million through Immunefi. (source link)

Chain Catcher news, the real asset tokenization protocol Watr has won the 27th round of Polkadot parachain auctions. It is reported that Watr is a real asset tokenization protocol that can tokenize assets such as carbon credits, agricultural commodities, metals, and energy, and supports financing and trading, among other functions.