ChainCatcher message, for further discussion on how Web3 can achieve mass adoption, the modular data availability solution Avail will collaborate with the Web3 asset data platform RootData and the Consumer-dApp layer representative DapDap to hold a themed event on February 16 in Shenzhen, discussing the future with industry-leading teams. Registration for the event is now open, and the details are as follows:Event Time: February 16, 2025, 14:00-18:00Event Address: 5F-6F, Qianhai Yidu Building, Shenzhen (Shenzhen International Qianhai Camp)Invited Institutions: Monad, Morph, XION, VANA, DeAgentAI, Duck Chain, IOSG Ventures, Bixin Ventures.

ChainCatcher news, Layer1 project Gear Foundation and developer community OpenBuild will jointly host the Web3 Chill Night party with Avalanche, Kite AI, and Dolphin on January 19 from 19:00 to 22:00 in Shenzhen. The event aims to deeply connect domestic and international VCs, developers, and project parties.In addition, there will be food and drinks on site, along with project-related gifts and a lottery session.It is reported that Gear Foundation launched the L1 blockchain Vara Network in 2023. In 2024, it released a new product Gear.exe, providing high-performance, bridge-free smart contract computation for Ethereum, supporting unlimited parallel execution, helping developers build fast and scalable dApps, aiming to solve the asset fragmentation problem caused by the current L2.

According to ChainCatcher news and the official website, the Shenzhen Development and Reform Commission launched the application scenario innovation project solicitation on January 9. This plan aims to collect application projects of new technologies such as artificial intelligence large models, generative artificial intelligence, and blockchain from government departments, enterprises, and institutions.In the financial sector, the focus is on application scenarios such as big data risk control for small and micro enterprises, intelligent anti-fraud, blockchain cross-border convenient payment, and digital RMB business circles. The project solicitation deadline is January 22, 2025, and selected projects will be included in the opportunity list for application scenarios and receive "online + offline" promotion support.

According to ChainCatcher news, as reported by the Shenzhen Political and Legal WeChat account, an employee in Shenzhen was laid off after the probation period. The company paid 20,000 yuan in salary and 10,000 yuan in compensation, but the employee claimed that there was still 25,000 yuan in virtual currency salary unpaid, and thus took the matter to court.The court found the evidence insufficient, and since Tether is not a legal currency, it ruled that the company should pay the difference in compensation of 10,000 yuan, rejecting the claim for virtual currency salary. The appeal was dismissed by the second instance, upholding the original judgment.

According to ChainCatcher news, the Shenzhen News Network reported that the People's Court of Qianhai Cooperation Zone in Shenzhen recently made a ruling on a labor dispute case involving virtual currency salary payments. The case originated in June 2021, when the plaintiff, Zhou, joined a company as a senior engineer, claiming that he had agreed with the company on a monthly salary of 45,000 yuan, of which 20,000 yuan would be paid via bank transfer and the remaining 25,000 yuan in the form of USDT. Two months later, the company terminated the labor contract on the grounds of "skills not matching," but did not pay the agreed portion of the salary in virtual currency.The court determined that, according to the "Notice on Further Preventing and Dealing with Risks of Virtual Currency Trading Speculation" issued by the central bank and ten other departments in September 2021, virtual currencies including Bitcoin, Ethereum, and USDT do not have legal tender status. At the same time, Article 50 of the Labor Law and Article 5 of the Interim Provisions on Wage Payment clearly state that wages must be paid in legal currency on a monthly basis and cannot be replaced by other forms.Ultimately, the court only supported the plaintiff's claim regarding the unlawful termination of the labor contract, ordering the company to pay 10,000 yuan in compensation. The case was upheld by the Shenzhen Intermediate People's Court in the second instance.

ChainCatcher news, according to official page data, the BounceBit DeFi platform has now launched Bitcoin, A-shares, the Shenzhen Composite Index, and the Hang Seng Index, allowing long and short trading using BB tokens, with a maximum leverage of up to 200 times.

ChainCatcher news, according to Wu's interview with senior Huang Yifeng about Zhang Yufeng, who was previously reported by multiple media outlets to have donated 50 million to Shenzhen University just a year after graduation. It was later revealed that Zhang Yufeng had a heavily fabricated resume, did not actually make the donation, did not graduate normally, was in debt from online loans, and even forged an identity as an FTX employee. Additionally, after gaining the trust of alumni through fraudulent donations, Zhang Yufeng has frequently asked acquaintances for money in the past year under the guise of investing in "projects," failing to return the money on time after the agreed period, leading several victims to report him to the police.Huang Yifeng stated, "Zhang Yufeng claims to have some cryptocurrency projects that can double in a few months. After friends invested, Zhang Yufeng started to default and came up with many absurd excuses, such as being hospitalized in Hong Kong. After several victims reported him to the police, Zhang Yufeng's parents, who run a printing factory in Dongguan, helped repay part of the debt. Zhang Yufeng's rental at Shenzhen Bay No. 1 was warned due to unpaid rent. Zhang Yufeng even defaulted on an online loan of 6,000 yuan."

ChainCatcher news, according to Jinshi reports, A-shares closed with the Shanghai Composite Index up 4.59%, the Shenzhen Component Index up 9.17%, and the ChiNext Index up 17.25%. The trading volume of the Shanghai, Shenzhen, and Beijing markets reached 34,835 billion yuan.

ChainCatcher message, as of now, the trading volume of the Shanghai and Shenzhen stock markets has exceeded 1.9 trillion yuan, an increase of over 800 billion yuan compared to the same time yesterday, with the Shanghai market trading volume at 843.6 billion yuan, the Shenzhen market at 1,043.1 billion yuan, and the North Exchange 50 trading volume at 13.2 billion yuan.

ChainCatcher message, to promote the practical application of industries such as artificial intelligence, big data, blockchain, and new infrastructure, and to cultivate the development of a trillion-level emerging industry, GBFA will hold the "Asia Digital Economy Investment Forum" in Shenzhen on September 27, 2024.At that time, representatives from well-known companies such as Shenzhen Capital Group, Dachen Venture Capital, SoftBank China, Goldman Sachs Asia, Microsoft, Hugging Face, and senior experts in the fields of AI and digital technology will be present to discuss the hotspots of artificial intelligence technology and the Web3 industry, exploring the future of new economic development.This forum will feature an investment forum and a high-quality project exhibition area, aiming to promote effective connections between policies, capital, and projects, and to drive the implementation of relevant achievements. The forum will focus on the latest hotspots, situations, and opportunities in the fields of artificial intelligence, blockchain, and big data, and will conduct in-depth analysis of the current landscape and future trends of cutting-edge technology finance. Through this top-notch exchange of ideas, we will embrace a new wave of the digital economy industry. This forum is co-sponsored by Jiezhi Computing as the title sponsor, along with GBFA Global Blockchain Fund Alliance, FINWEX, Chainfir Capital, FIBONACCI, BEAT BEE, and BUDAO LABS.

ChainCatcher news, the developer community OpenBuild announced the winning projects of the ETH Shenzhen Hackathon main tracks. The winning project in the Innovative Dapps track is Nextmate.ai; the winning projects in the Source Tools / Infrastructure track are Ethereum Colored Address Protocol, Web3Insights, and Fat Preconf DApp; the winning projects in the xFi track are Mars protocol, Outrun, and UbiBank; the winning projects in the General track are ChainWhiz, Youbet Task, and Xfinder.This ETH Shenzhen Hackathon set up 4 main tracks and 5 Bounty tracks, with a prize pool of over $50,000, receiving sponsorship support from projects such as the Ethereum Foundation, Fuel Labs, Morph, Chainlink, Vara Network, SmartLayer, and Bifrost.

ChainCatcher news, the Shenzhen Municipal Bureau of Local Financial Supervision issued a "Risk Warning on Virtual Currency Trading Speculation" on June 2, reminding the public that virtual currency trading carries legal risks and may involve illegal financial activities and fraud. It calls on citizens to enhance their awareness of risk prevention, be cautious of becoming victims of illegal fundraising and other fraudulent activities, and suggests that those who have participated in virtual currency trading should withdraw as soon as possible and report to the relevant authorities.

ChainCatcher message, hosted by ZAN (a Web3 brand under Ant Group) and Artela, and co-hosted by ChainCatcher, will hold an offline exchange event themed "Focusing on Web3 Infrastructure, Unlocking New Scenarios for DApp Applications" on March 26 from 14:00 to 18:00 in Nanshan District, Shenzhen.Guests including ZAN CTO Ethan, Artela CTO CP, and ChainCatcher partner Hunter will discuss how Web3 infrastructure empowers new scenarios for DApp applications, and provide an in-depth interpretation of new trends and opportunities in the infrastructure track for 2024.Registration link

ChainCatcher news, the Ministry of Finance and the State Administration of Taxation issued the "Notice on the Corporate Income Tax Preferential Policy for Enterprises in the HeTao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone" (CaiShui [2024] No. 2), which clarifies that enterprises in the specific closed areas of the HeTao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone that meet the conditions for encouraged industries will be taxed at a reduced corporate income tax rate of 15%. The focus areas in the preferential catalog cover the information science and technology field, focusing on network and communication technology, semiconductors and integrated circuits, artificial intelligence and digital technology, precision instruments and equipment, blockchain and quantum information, among other national key development directions. Among them, blockchain technology includes distributed ledger, asymmetric encryption, consensus mechanism, smart contracts, and other blockchain technology research and development.

ChainCatcher news, the Shenzhen Intermediate People's Court announced a case. In June 2022, Chen registered Company A and developed Platform B to publicly sell a certain digital collectible without an ICP license (Internet Operating License) or any information service record, promoting the collectibles through WeChat public accounts and other channels as limited editions, claiming that investing in this digital collectible would guarantee profits. In July 2022, Platform B launched a certain digital collectible and used promotional phrases like "capital protection buyback, stable appreciation" to deceive investors, selling nearly 30,000 collectibles within a month. Subsequently, Chen opened secondary market trading and inflated transaction prices and market hype through account manipulation and hiring fake reviewers to gather funds. During this period, Chen cashed out over 900,000 yuan from the platform. From October to November 2022, Chen stopped renewing the server and shut down the platform, leaving users unable to withdraw funds or view their digital collectibles.The court found that Chen fabricated facts and concealed the truth to defraud others of property, with the amount being particularly large, constituting the crime of fraud. Chen was sentenced to twelve years in prison for fraud and fined 55,000 yuan.

ChainCatcher news, according to the People's Procuratorate of Luohu District, Shenzhen, the case of the criminal suspect Hu Rong for the crime of fundraising fraud has been transferred to the procuratorate for review and prosecution by the Luohu Branch of the Shenzhen Public Security Bureau. The investigation agency determined that since 2017, Jiang Wei (already prosecuted), Huang Xiaofei (already prosecuted) and the criminal suspect Jiang Wanhao (alias: Jiang Guoqing, handled in another case) held promotional meetings and forums in multiple locations to promote the blockchain virtual currency project launched by Hong Kong Zhichuang Technology Co., Ltd. to the victims, boasting high returns and enticing attendees to continuously invest.It is reported that the criminal suspect Hu Rong, as a key member of the criminal gang, actively promoted to investors and collected investment funds from them. According to the reported materials and the hierarchical chart from China Enterprise News, Hu Rong's studio received a total of 85,834,460.63 yuan, paid out 24,294,316.93 yuan, and netted 61,540,143.70 yuan from investors.