ChainCatcher news, the South African Financial Sector Conduct Authority (FSCA) temporarily suspended the financial services provider license of the cryptocurrency trading platform Banxso on Wednesday, citing concerns that its marketing practices promised clients unrealistic returns.There were previous allegations that Banxso used deepfake techniques in its advertising and employed aggressive sales tactics to pressure clients into investing without proper risk assessment.

ChainCatcher message, UniSat has released PizzaSwap Pre-Launch update notes on platform X, including:Fractal's brc-20 will recognize PizzaSwap module events, and if the index does not handle the related inscription events, it may lead to inconsistencies between the index and the results;It is strongly recommended that platforms supporting brc-20 on Fractal temporarily disable the brc-20 market and related transfer functions during the PizzaSwap launch. Once the inscription event integration is complete and the index results are aligned, these functions can be re-enabled;Proposed solution: Other indexing service providers should interact with withdrawal inscription events, and relevant APIs can be used to determine whether the withdrawal inscriptions are valid.ChainCatcher previously reported, according to the official announcement, UniSat stated that PizzaSwap will go live on Fractal on September 30, supporting assets bridged through Bool Bridge and SimpleBridge. On September 25, UniSat will open source the brc-20 indexing implementation on Fractal.

ChainCatcher news, Aave community member LlamaRisk has initiated a proposal to temporarily reduce the risk of WBTC. The specific proposal includes:Reducing the WBTC LTV on all V3 instances (Ethereum, Arbitrum, Avalanche, Harmony, Optimism, and Polygon) to 0, preventing additional borrowing against WBTC collateral without affecting the positions of existing users.Lowering the supply and borrowing limits to a level 5-10% higher than the current utilization rate, limiting additional risk of WBTC while allowing users to flexibly adjust their positions.It is reported that LlamaRisk's proposal has not actually received support from the community, including Aave's founders.

ChainCatcher news, according to The Block, the U.S. Securities and Exchange Commission (SEC) has reached a settlement regarding its charges against the DeFi platform Rari Capital. The SEC found that the company and its co-founders misled investors and did not register as brokers. The SEC stated that Rari Capital's co-founders Jai Bhavnani, Jack Lipstone, and David Lucid told investors that their managed Earn platform allowed investors to lend tokens to earn returns, which would "automatically and autonomously rebalance" their cryptocurrencies instead of doing it manually, but the company was sometimes unable to do so. The SEC also indicated that they were involved in "unregistered broker activities" related to the Fuse platform. The SEC noted that the two platforms held over $1 billion in crypto assets at their peak. Certain Earn platform investors were also eligible to receive Rari governance tokens, which the agency claimed were unregistered securities.As part of the settlement agreement, Rari Capital Infrastructure LLC, which acquired Rari Capital in 2022, agreed to cease future violations of securities laws, and Rari's co-founders agreed to pay fines and are banned from serving as executives and directors for five years. According to previous reports, the lending platform Fuse was hacked in May 2022, resulting in the theft of $80 million. Rari Capital subsequently halted new deposits and began to gradually shut down the Fuse platform.

ChainCatcher news, according to Coindesk, the Reserve Bank of Australia (RBA) has released a strategic statement announcing that it will prioritize the development of wholesale central bank digital currency (CBDC) while postponing plans for a retail version of CBDC. RBA Assistant Governor Brad Jones pointed out in the statement that wholesale CBDC shows more significant potential benefits compared to retail CBDC and faces relatively fewer challenges.In a subsequent policy speech, Jones emphasized: "Our top priority is to collaborate with the industry to initiate the wholesale CBDC and commercial bank deposit tokenization projects. The research focus will center on new distributed ledger technologies, 'programmability,' and 'atomic settlement,' assessing their potential impact on the Australian financial system and macroeconomy."According to the latest research report released by the RBA, no clear benefits have been found for the public from a retail CBDC, mainly because Australia's existing retail payment system already meets citizens' needs well. However, the RBA and the Treasury stated that as international experience accumulates and domestic research deepens, this assessment may be adjusted over time.To this end, the RBA and the Treasury plan to conduct extensive public consultations on retail CBDC in 2025 and will continue in-depth research and empirical experiments over the coming years. The two departments have committed to jointly releasing a comprehensive report in 2027 that systematically explores the potential advantages of retail CBDC and the specific forms it may take.

ChainCatcher message, UniSat posted on social media that the PizzaSwap testnet is temporarily under maintenance, and the team is working hard to resolve the issue. All functions will be restored as soon as possible.

ChainCatcher news, according to Jinshi reports, market news says: Nigeria has temporarily approved the operations of two cryptocurrency exchanges.

ChainCatcher message, WazirX has released an important announcement regarding the next steps for withdrawals of Indian Rupees and cryptocurrencies: For cryptocurrency balances, users will be unable to withdraw cryptocurrencies from their platform accounts for a period of time due to a significant loss of balances caused by network attacks and the theft of ERC-20 tokens, resulting in insufficient token assets to repay the debts incurred from the token balances owed to platform users.For Indian Rupee balances, WazirX will lift the suspension on INR withdrawals on August 26, 2024, and will gradually enable the INR withdrawal feature.

ChainCatcher news, Ronin COO Psycheout posted on X platform: "As we investigate the report from white hat hackers regarding a potential MEV vulnerability, the Ronin Network bridge has been paused. We will release more information soon. The Ronin bridge currently secures over $850 million in funds."Previous news, Ronin is suspected to have been attacked, involving funds of $9.33 million.

ChainCatcher message, Jupiter announced that it has temporarily raised the default Gas and slippage. Jupiter stated that its previous Gas and slippage settings were conservative, aimed at helping users save funds during normal times, but during periods of market volatility, these values were too low, causing some users to encounter issues. The team will re-examine this matter.

ChainCatcher message: After the KOSPI 200 index futures in South Korea fell by 5%, the Korea Exchange initiated temporary suspension measures, and program trading was paused for 5 minutes.

ChainCatcher news, Montreal Bank Chief Economist Douglas Porter stated that the Canadian economy is moving forward at full speed, albeit struggling to maintain balance, but still experiencing slow growth. The latest GDP data should dampen discussions about the Bank of Canada significantly lagging behind the yield curve and quell rumors that it might make a substantial rate cut of 50 basis points next time.Data shows that Canada's annualized growth rate in the second quarter was slightly above 2%, higher than the Bank of Canada's latest estimate of 1.5%. However, this figure is still only slightly above 1% compared to last year, indicating that economic weakness is still intensifying considering the expected population growth.

ChainCatcher message, Terra tweeted that the Terra chain briefly halted at block height 11430400, during which no transactions will be processed. Terra will work with validators on Terra (phoenix-1) and subsequently apply an emergency patch to fix the suspected vulnerability.

ChainCatcher news, according to Cryptonews, Ferrari announced plans to expand its luxury sports car cryptocurrency payment options to its European dealers starting at the end of this month. It stated that by the end of 2024, its goal is to offer this payment method to more international dealers in countries/regions that legally accept cryptocurrency.The company stated, "Following the positive reception of this alternative payment system in the United States, our entry into the European market is a natural progression to support dealers in meeting the evolving needs of our customers."The company emphasized that countries with strict restrictions on cryptocurrency, such as China, will not be included in this rollout.Previous news, Ferrari (RACE.MI) marketing and business stated that its luxury sports car business in the United States has begun accepting cryptocurrency payments and will expand the program to Europe based on customer demand.

ChainCatcher news, dYdX posted on X that the smart contracts on dYdX v3 are secure and have not been attacked. Until further notice, users should not withdraw any funds or interact with the website dydx.exchange.Previous news, the dYdX website has been compromised, please do not visit the site or click any links.

ChainCatcher news, the Aethir Foundation has announced a $50 million community reward program. Due to the temporary suspension of the token exchange program with IO.net, these ATH tokens will be used to reward active participants in the Aethir community.Of this, $20 million worth of ATH tokens will be allocated to users holding checker licenses, with everyone eligible to receive a minimum amount of ATH; those who have invested at least 2500 ATH in each Checker License and have been continuously investing since the TGE will receive bonuses. Aethir will take daily snapshots to determine eligibility, with the final snapshot occurring on July 23, 2024.The remaining $30 million will be injected into the ATH-AI staking pool, which will be distributed over 24 weeks to enhance yields, thereby boosting staking rewards and supporting AI application development.Aethir stated that the $50 million community reward program is an important milestone towards a decentralized future in cloud computing. By reallocating resources initially intended for the io.net token exchange, it can accelerate the growth and development of the Aethir ecosystem. Aethir will continue to maintain a strategic partnership with IO.net to promote the potential of distributed GPU computing.

ChainCatcher news, the official Solana ecosystem liquid staking protocol Sanctum announced on social media that it is making some adjustments to its airdrop query LFG website, which is currently closed. It will be updated once it goes live again.Previous news, Sanctum stated that users can now check CLOUD airdrop allocations through the LFG website.

ChainCatcher message, due to vulnerabilities in the Jumper Exchange and LI.FI contracts, the Solana ecosystem wallet Phantom has announced the closure of its cross-chain Swap feature. Phantom reminds users that if they have used the Phantom cross-chain bridge, they may be affected and must revoke contract approvals as soon as possible.

ChainCatcher message, io.net officially stated that Apple M chip devices will be temporarily removed from the list of supported devices, with support for M series chip computers, including M2 and M3, ending on July 15. Support for M2 Ultra and M3 devices will continue until the end of this month.In the short term, io.net must prioritize managing supply and reducing the impact of emissions on the network. Based on discussions with current and potential customers, prioritizing GPUs and providing incentives for high-demand GPUs is crucial for the sustainability of the network. All rewards for M series chips will be transferred to eligible GPUs.If demand or utilization opportunities for M series chips arise in the future, support will be restored. The team will carefully reassess this situation monthly and restore support for more devices as soon as feasible.

ChainCatcher news, according to feedback from multiple users on the X platform, the Defilama website is currently inaccessible. The interface shows that the browser and Cloudflare are functioning normally, but there is a "HOST Error," suspected to be a server outage.Note: When the website interface displays "Host error," it usually indicates that there is a problem with the website's server. This type of error can be caused by various reasons, common causes include:Server outage: The server may be down due to hardware failure, software errors, or network issues.DNS resolution issues: The domain name resolution server is unable to correctly resolve the domain name to an IP address.Server overload: The server is unable to handle all requests due to excessive traffic.Configuration errors: There are errors in the server configuration files that prevent the server from functioning properly.Firewall or security settings: The server's firewall or other security settings are blocking normal network connections.