ChainCatcher news, Base co-founder Jesse Pollak disclosed that the Base research team has launched a proof of concept (POC) for the cross-L2 calling standard RIP-7755. This standard aims to achieve seamless cross-chain interoperability between different Ethereum Layer 2 networks, particularly mainstream Layer 2 networks like Optimism and Arbitrum.Base research team member Jack Chuma stated that the proof of concept for RIP-7755 is applicable to blockchains that comply with the EIP-4788 standard, and it can currently verify the state of OP Stack chains and Arbitrum.

ChainCatcher news, former U.S. President Trump stated that during Harris's term, the standard of living in the United States is in free fall. (Jin Shi)

ChainCatcher news, according to The Block, Standard Chartered's Global Head of Digital Assets Research Geoff Kendrick released a report stating that Bitcoin is showing upward momentum and may approach its historical high of $73,800 before the U.S. presidential election.Kendrick pointed out that multiple factors are driving this potential price increase, including a steepening U.S. Treasury yield curve, a revival of interest in spot Bitcoin ETFs, and an increased probability of Donald Trump winning the upcoming U.S. presidential election.According to the Polymarket prediction platform, Trump's chances have risen to 56.3%. If Trump wins, the probability of the Republican Party simultaneously controlling the Senate and the House of Representatives is 70%, which could create favorable conditions for risk assets, including Bitcoin.

ChainCatcher news, Bitget announced an update to its listing standards, further strengthening the token review process. All projects intending to list must pass a rigorous comprehensive evaluation, focusing on the token economic model, token supply and distribution, practicality, and the background and qualifications of the development team. In addition, Bitget requires projects to submit detailed business plans and roadmaps. This series of measures aims to enhance platform transparency and trust, safeguard user interests, and mitigate related risks.For newly listed projects, Bitget will focus on evaluating fully diluted valuation (FDV), funding background, token unlock schedules, as well as financial, security, compliance, political, and ethical risks; for tokens that are already circulating, the review will focus on on-chain data analysis and the comparison between 24-hour trading volume and FDV; for tokens already listed on other exchanges, the focus will be on smart contract security and token distribution.Bitget's Chief Legal Officer Hon Ng emphasized: "Any project intending to list on Bitget must undergo strict legal and technical reviews to ensure that code quality, security, and compliance meet Bitget's listing standards. These measures are designed to better protect users and avoid high-risk projects; projects that do not meet the standards will not be listed on the platform."Bitget's CEO Gracy Chen stated: "Our goal is to create a safe and trustworthy trading environment. By implementing these strict listing standards, we are not only protecting users but also ensuring that projects on Bitget have long-term development potential. We are committed to further expanding the spot market in the coming years, and these strict standards are an important part of achieving this strategy. In addition to the pre-listing review process, we will also provide ongoing support for quality projects after they are listed, helping them achieve long-term success."This update is part of Bitget's global strategy aimed at enhancing user security and strengthening platform compliance, contributing to the healthy growth of the cryptocurrency industry.

According to ChainCatcher news reported by The Block, based on current prices and the potential impact of Donald Trump's victory in the U.S. presidential election, Standard Chartered's Head of Global Digital Asset Research, Geoff Kendrick, predicts that by the end of 2025, the price of Solana could increase fivefold, Ethereum could rise fourfold, and Bitcoin's value could triple.He also stated that if Harris becomes president, he expects Bitcoin to outperform Ethereum, which in turn will outperform Solana. He added, "In dollar terms, we expect Ethereum's price to reach $7,000 by the end of 2025 under a Harris presidency." Regardless of the election results on November 5, Kendrick expects Bitcoin's price to rise to $200,000 before the end of 2025.

ChainCatcher news, Uniswap Labs stated that there is a fragmentation issue with intent-based systems, and in collaboration with AcrossProtocol, they proposed the ERC-7683 standard, aimed at addressing this issue through a universal filling network.The ERC-7683 works by having users sign cross-chain orders, user funds being held in a settlement contract, fillers competing to fill orders on the target chain, with the winning filler executing the operation and releasing the funds. Establishing a standard for intent systems will improve the experience for applications, fillers, and users, allowing applications to route intents to a broader network, lowering the entry barrier for fillers, and enabling users to achieve faster fills and lower gas fees. Notably, anyone can implement ERC-7683.

ChainCatcher news, according to Cointelegraph, on September 26, the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) shared a plan to elevate their over-the-counter reporting requirements to global standards after reviewing responses to a consultation document from March 2024. They intend to adopt the reporting requirements set by the European Securities and Markets Authority (ESMA) for crypto over-the-counter (OTC) derivatives.Relevant parties and investors in Hong Kong stated that investments in crypto OTC derivatives cannot be classified as part of the existing traditional five asset classes—interest rates, foreign exchange, credit, commodities, and equities. Some stakeholders in Hong Kong suggested using Digital Token Identifiers (DTI) "to clearly identify the crypto asset underlying OTC derivatives." In response, the HKMA and SFC pointed out that ESMA has incorporated DTI into its reporting framework as of October 2023. Currently, DTI has become a core reference point for European crypto asset service providers.When mentioning the need for Unique Product Identifiers (UPI) in trade reporting, Hong Kong regulators revealed plans to implement similar requirements in their jurisdiction in the near future: "Given that Digital Token Identifiers have been included as permissible values in the data field 'Base ID (Other)' in the upcoming CDE Technical Guidelines Version 4 consultation, we will adapt the use of DTI in our reporting requirements." However, the authorities will continue to monitor the outcomes of orders issued by other jurisdictions and will adopt similar systems if necessary. Hong Kong authorities suggest implementing the new reporting requirements by September 29, 2025.

According to ChainCatcher news, as reported by Xinhua Finance, the national-level scientific journal "Financial Electrification," supervised by the People's Bank of China, will publish an article titled "Exploring the Standardization of Practical Experience in Blockchain Digital Bond Innovation" in the second half of August 2024. The article is authored by the Central Government Securities Depository and Clearing Co., Ltd.'s China Bond Blockchain Digital Bond Project Team.The article states: As a national pilot unit for blockchain innovation applications, the Central Government Securities Depository and Clearing Co., Ltd. is actively promoting the implementation and standardization of the blockchain digital bond project. It is necessary to summarize and form specialized standards in a timely manner, striving to achieve replicable and scalable practices to promote the formation of an industry ecosystem and standardized development. Since exploring blockchain technology in 2018, it launched the country's first blockchain digital bond issuance platform in 2021 and has continuously optimized and enhanced system functionality and cross-chain interoperability.The platform has supported the issuance of multiple bonds, covering institutions such as state-owned banks and securities companies, promoting the integrated development of the digital economy and the real economy, while strengthening regulatory capabilities and industry norms. As the initiator of the alliance chain and the provider of system services, the Central Clearing Company is responsible for formulating business operation rules, establishing and improving alliance governance mechanisms, and maintaining the safe and stable operation of the system; it explores the effective coordination of necessary centralized management principles as stipulated by laws and regulations with distributed ledger technology, consensus algorithms, and smart contracts.The alliance chain does not change the legal central confirmation attributes and member access management authority of the Central Clearing Company. It efficiently achieves consensus formation in business processes through smart contracts and enhances the auditability, verifiability, and multi-party supervision of operations by the Central Clearing Company and market institutions through distributed ledgers and encryption algorithms. Market institutions, under the premise of complying with the alliance system, can orderly carry out business innovation, provide beneficial feedback and cooperative supervision, and jointly promote the high-quality development of the bond market.

ChainCatcher news, published in the second half of August 2024 issue of the national-level scientific journal "Financial Electrification," supervised by the People's Bank of China, features an article titled "Exploring the Standardization of Practical Experience in Blockchain Digital Bond Innovation." The authors of the article are the Central Government Securities Depository and Clearing Co., Ltd. Blockchain Digital Bond Project Team.The article states: As a pilot unit for national blockchain innovation applications, the Central Government Securities Depository and Clearing Co., Ltd. is actively promoting the implementation and standardization of the blockchain digital bond project. It is necessary to summarize and form specialized standards in a timely manner, striving to achieve replicable and scalable practices that promote the formation of an industry ecosystem and standardized development.Since exploring blockchain technology in 2018, the company launched the country's first blockchain digital bond issuance platform in 2021, continuously optimizing and enhancing system functionality and cross-chain interoperability. This platform has supported the issuance of multiple bonds, covering institutions such as state-owned banks and securities companies, promoting the integrated development of the digital economy and the real economy, while strengthening regulatory capabilities and industry norms.As the initiator of the alliance chain and the provider of system services, the Central Clearing Company is responsible for formulating business operation rules, establishing and improving alliance governance mechanisms, and maintaining the safe and stable operation of the system; exploring effective coordination between the necessary centralized management principles stipulated by laws and regulations and the technical architectures of distributed ledgers, consensus algorithms, and smart contracts.The alliance chain does not change the legal central confirmation attributes and member access management authority of the Central Clearing Company. It efficiently achieves consensus formation in business processes through smart contracts and enhances the auditability, verifiability, and multi-party supervision of operations by the Central Clearing Company and market institutions through distributed ledgers and encryption algorithms. Market institutions, under the premise of complying with the alliance system, can orderly carry out business innovations, provide beneficial feedback and collaborative supervision, and jointly promote the high-quality development of the bond market. (Xinhua Finance)

According to ChainCatcher news, OKX has partnered with the Web3 security company ExVul to jointly explore cutting-edge solutions for blockchain ecosystem security, continuously leading industry security standards and contributing to the progress and safety of the entire industry.It is reported that ExVul is a top-tier Web3 security company dedicated to protecting business clients and end users. It has gained the trust of industry leaders such as OKX, Stacks, Aptos, Sui, Core, Suiet, and File Swan Cloud. OKX, as the world's second-largest cryptocurrency trading platform and a leading Web3 ecosystem, is known for providing the fastest and most reliable cryptocurrency trading applications for over 50 million users globally, consistently maintaining a leading position in multiple dimensions such as user scale, user experience, risk control technology, and product features in the CEX space.

ChainCatcher news, according to The Block, Standard Chartered's Global Head of Digital Asset Research Geoff Kendrick stated that since the Federal Reserve lowered the federal funds rate last week, the long-term borrowing costs for U.S. Treasuries are relatively higher than short-term borrowing, which typically indicates optimism about future economic growth and helps create a favorable environment for investments, including Bitcoin.Geoff Kendrick also noted that the situation in the derivatives market similarly supports his optimistic view on Bitcoin. This week, he observed the addition of some major Bitcoin call options centered around a strike price of $100,000 in the options market. This indicates that other factors are influencing the decision-making of derivatives traders. From a timing perspective, the most likely new factor is Vice President Harris's comments made on Sunday, September 22, when she first announced that she would encourage cryptocurrency businesses.

ChainCatcher news, according to Hong Kong media Xinbao, Standard Chartered Hong Kong, BlackRock, and Mastercard will join hands to participate in the second phase pilot program of the "Digital Hong Kong Dollar" launched by the Monetary Authority. The newly formed tripartite alliance will explore tokenized investment use cases in an end-to-end manner. This potential solution will allow investors to purchase tokenized assets and conduct transaction settlements directly through the digital Hong Kong dollar or tokenized deposits with relevant asset managers.Libeara, nurtured by SC Ventures under Standard Chartered Group, will collaborate with Standard Chartered Hong Kong and BlackRock to provide a platform, jointly promoting the potential issuance of tokenized assets through Mastercard's multi-token network.

ChainCatcher news, the Mint Blockchain development team recently submitted a new asset protocol standard proposal to the Ethereum community, officially assigned the number ERC7765. ERC7765 is an innovative NFT asset protocol standard designed to provide coding specifications and industry standards for the issuance of RWA NFT assets, promoting the large-scale issuance and application of RWA assets.Currently, ERC7765 has been launched on the Mint mainnet and will first be applied within the Mint ecosystem.

ChainCatcher message, DefiLlama founder 0xngmi posted on social media, "To be honest, almost every cross-chain bridge (including WBTC) provides proof of reserves so that users can check if the issued tokens have sufficient backing. However, Coinbase does not do this, and cbBTC falls far below the standard in terms of transparency.This is also why we have not listed it on Defillama, as we cannot verify its TVL (Total Value Locked). If we do not list other cross-chain bridge projects that cannot verify their TVL, we will not make an exception for Coinbase either. We follow the same rules for all projects."

ChainCatcher news, at the Solana Breakpoint conference, Jupiter co-founder Siong Ong stated that the upcoming upgrades for Perps include market orders, the Dove oracle standard, and gas-free transactions. Their Perps trading volume has exceeded $10 billion this year, while spot trading volume has surpassed $30 billion.

ChainCatcher news, Standard Chartered's Head of Foreign Exchange and Digital Assets Research, Geoff Kendrick, stated that after the Federal Reserve's recent decision to cut interest rates by 50 basis points, Bitcoin and the broader digital asset market are expected to receive a sustained boost.Kendrick believes that macroeconomic factors will drive the prices of digital assets higher, a trend that is unaffected by the upcoming results of the U.S. presidential election.He noted that Bitcoin and other digital assets performed strongly after the Federal Open Market Committee (FOMC) cut rates on Wednesday. Kendrick stated that the steepening of the U.S. Treasury yield curve is favorable for digital assets, and he anticipates inflows into spot Bitcoin ETFs in October.Kendrick reiterated his previous prediction that Bitcoin will reach new highs by the end of the year, with a target price of $125,000 if Trump wins, and $75,000 if Harris wins.

ChainCatcher news, Google Cloud announced the launch of a new blockchain RPC service through its official blog, providing Web3 developers with a more convenient way to interact with blockchain data.The service launches with a free tier, supporting up to 100 requests per second and a maximum of 1 million requests per day, and it supports both the Ethereum mainnet and testnets, with plans to expand to more blockchains within the next year.Google Cloud's blockchain RPC service is fully compatible with the Ethereum JSON-RPC standard, allowing developers to integrate it into their applications with just one line of code.Google Cloud also plans to hold a webinar on October 10, 2024, Beijing time, to discuss the future development of blockchain RPC products and the Web3 portal.

ChainCatcher news, Steve Englander, the Global G10 FX Research and North America Macro Strategy Head at Standard Chartered Bank's New York branch, stated that recent U.S. economic data does not provide a compelling reason for a 50 basis point rate cut at the upcoming FOMC meeting. A 50 basis point cut with a decision error could be worse than a 25 basis point cut with a decision error. The rationale for a 25 basis point cut is that the upcoming inflation data does not support inflation rapidly approaching the 2% target. Meanwhile, the recent rise in unemployment also indicates a concerning deterioration in the economy. (Jin Shi)

ChainCatcher news, according to official news, Circle announced a strategic partnership with Sony Block Solutions Labs to promote innovation and creativity through its decentralized technology on the Ethereum L2 network Soneium. With this initiative, Soneium will integrate the Bridged USDC Standard and establish Bridged USDC as one of the main tokens for value exchange on the blockchain.

ChainCatcher news, after the announcement of the Catizen airdrop allocation information, some players expressed dissatisfaction with the changes to the token distribution model and allocation standards that were not communicated. Developer Pluto Studio admitted that they did not disclose the changes in standards in advance. After the CATI airdrop interface opened, several players expressed disappointment on X, as the rewards they received were lower than expected.In addition, the Catizen team had previously stated that the vKitty income rate in the game would be the main determining factor for airdrop allocation. However, earlier last Sunday, after revealing the airdrop allocation to players, Pluto stated that it had actually changed the design of the airdrop upon discovering that some players were artificially increasing their income. It stated: "During the review of the data for this CATI airdrop, we found that many bot accounts were exploiting this public rule by using scripts to increase their vKitty profit rate, attempting to obtain a large amount of CATI tokens.In this case, adhering to the original airdrop standards would severely harm the interests of genuine players and community supporters. Therefore, the airdrop standards were adjusted to minimize the vKitty profit rate, focusing instead on 'factors that more accurately reflect real player activity, such as: on-chain interactions, task completions, fish coin purchases, and consumption.'" Decrypt sought comment from Pluto Studio, including why it did not ban cheating players but instead changed the standards for all users, but did not receive an immediate response.