ChainCatcher news, according to official news, the Dubai Financial Services Authority (DFSA) has announced that ZetaChain (ZETA) has been recognized by the DFSA in accordance with the requirements of GEN rule 3A.3.4 of its rulebook.As a universal blockchain, ZetaChain can natively access blockchains including Bitcoin, and the DFSA's recognition brings greater trust and global access to ZetaChain.

ChainCatcher message, the ZetaChain status page updated at 12:23: "The cause has been identified, the network interruption was due to a consensus failure caused by a new update rolled out to a small number of validators.We believe we have identified the root cause of the consensus failure and will provide a more detailed root cause update after reproducing the issue on the development network. The current top priority is to restore normal network operation. We have rolled back the managed validators to version v20.0.5 of the node software and have asked community members to do the same. Most members of the community have completed this action, and currently about 60% of participants are using the correct version of the software. A few validators are unable to participate in voting after attempting to run the version (v20.0.6) that caused the consensus interruption and are currently resynchronizing from a snapshot.Once these remaining validators complete synchronization, we expect the network to resume operation. We will provide another update in 60 minutes and hope the network can return to normal before then."Previous message, the ZetaChain mainnet has paused block production. As of now, the ZetaChain mainnet has been paused for 6 hours.

ChainCatcher news, ZetaScan data shows that the ZetaChain mainnet has paused block production for 4 hours, with the latest transaction remaining at block 5529896 (Beijing time today at 11:32:15).In addition, the ZetaChain status page indicates that an issue on the ZetaChain mainnet is under investigation, which has caused block production on the network to stop. Engineers are working hard to resolve the issue and are actively striving to restore network consensus.Earlier news states that according to the official announcement, due to the interruption of block production on Zeta Chain (ZETA), Upbit has suspended ZETA deposits and withdrawals. An announcement will be made to resume deposits and withdrawals once the stability of the deposit and withdrawal process is confirmed.

ChainCatcher news, cross-chain protocol ZetaChain announced the permanent anchoring of 1.5 billion ZETA tokens to its native mainnet, while limiting the maximum number that can be converted to Ethereum ERC-20 tokens to 600 million. ZetaChain stated that this move is aimed at preparing for the upcoming chain integrations and significantly enhancing network security.

ChainCatcher news, according to the announcement from the cryptocurrency trading platform WEEX, the platform will launch the 12th phase of the WE-Launch project ZetaChain (ZETA) from 10/4 15:00 to 10/9 15:00 UTC+8. Users who invest ≥ 1,000 WXT can participate in the distribution of 5,926 ZETA based on their effective investment proportion. ZETA spot trading will start on 10/9 at 16:00 UTC+8.In addition, the 10th and 11th phases of the WE-Launch activities are currently ongoing, with airdrops of 500,000 Cate (CATE) and 833,333 ICE respectively. Users can participate simultaneously to earn more rewards.

ChainCatcher news, Coinbase Institutional announced on social media that Coinbase Prime now supports ZetaChain (ZETACHAIN) custody.

ChainCatcher news, according to CoinDesk, cryptocurrency custody company BitGo stated that it is filling the gap in the decentralized market by providing a one-stop, regulated, and insured custody platform for seamless digital asset ownership, unlocking, and on-chain activities.It is reported that protocols such as Worldcoin, LayerZero, Sui, and ZetaChain are among the first clients of this service.

ChainCatcher message, ZetaChain posted on X that at 17:34:05 local time on August 27, the ZetaChain transaction was successfully relayed to Solana devnet. The support from Solana will make ZetaChain the first public L1 platform to support native cross-chain DApps across three major chains (Solana, Bitcoin, Ethereum) in a universal and simple way.

ChainCatcher news, according to official sources, the cryptocurrency exchange platform Coinbase announced on the X platform that it will add Zetachain (ZETACHAIN) and Across Protocol (ACX) to its coin listing roadmap.

ChainCatcher news, according to Token Unlocks data, this week W, OP, and SUI will experience a large one-time token unlock, with a total unlock value of 348 million USD. Among them:Wormhole (W) will unlock 600 million tokens on August 3 at 19:30, worth approximately 174 million USD, accounting for 33.33% of the circulating supply;Optimism (OP) will unlock 31.34 million tokens on July 31 at 8:00, worth approximately 54.5 million USD, accounting for 2.79% of the circulating supply;Sui (SUI) will unlock 64.19 million tokens on August 1 at 8:00, worth approximately 50.6 million USD, accounting for 2.56% of the circulating supply;ZetaChain (ZETA) will unlock 53.89 million tokens on August 1 at 8:00, worth approximately 34.8 million USD, accounting for 18.92% of the circulating supply.

ChainCatcher news, according to official sources, ZetaChain, a leading L1 focused on general EVM and chain abstraction, has announced the launch of Gateway. It is reported that Gateway is a smart contract on the chain that provides developers with APIs for calling general applications, sending tokens, querying gas information, and more.Gateway implements a native connection with any blockchain (including the Bitcoin network), which will simplify and enhance interactions, providing a consistent and flexible approach to handling cross-chain communication. This upgrade will significantly improve the user experience, allowing users to access applications on any new chain supported by ZetaChain without switching networks, while developers only need to deploy once.

ChainCatcher news, according to official sources, the interoperability-focused Layer 1 blockchain operator ZetaChain has announced the launch of a universal loyalty and rewards layer powered by XP, which will support the first batch of XP airdrop allocations. The application submission for the first round of XP airdrops ended at 00:00 UTC on July 1, marking the beginning of the first reward allocation for applications. Many projects have publicly shared their RFPs to gather feedback. The User Growth Pool (UGP) committee is actively involved to ensure that XP snapshot users receive fair and secure rewards. Users can view the approved RFPs in the new "Explore Rewards" section of ZetaHub.According to the new updates on the RFP program based on ongoing feedback:All ZETA asset claims will use @tokentable to enhance transparency.Applications must publicly release their allocation models before rewards begin to solicit feedback and discussion.Submission has now ended, and applications must work to finalize rewards for allocation, following all necessary guidelines and responding to feedback.Additionally, ZetaHub has launched XP status and rewards, introducing some new updates to this universal loyalty system:XP Status: A metric that helps applications allocate privileges and rewards to real and valuable users, with status levels including Silver, Rose Gold, Black, and Green.XP Active Continuous Record: Achieving the minimum active threshold for XP weekly will grant active status.XP Activity Updates: The activities and features section now includes a free market with a variety of applications and activities on ZetaChain, while updating point allocations and requirements.

ChainCatcher news, the full-chain abstract L1 Zetachain announces the first round of XP airdrop, which will allocate 10 million ZETA rewards. Any team that has deployed active contracts on the Zetachain mainnet and has active users can submit ZETA reward RFP proposals before 08:00 Beijing time on July 1. This airdrop focuses on the first batch of XP users who were snapshot on May 1, with approximately 419,000 users eligible, each having at least 200,000 XP.Zetachain states that projects should allocate at least 95% of the tokens to users when creating proposals, while the development team can retain a maximum of 5% for operational costs or future user growth plans. Projects can determine reward mechanisms such as first-come-first-served or proportional distribution.In addition, Zetachain stated that since the release of Zetachain 1.0, the User Growth Pool has allocated 80 million ZETA to users.

ChainCatcher news, according to the official announcement, Upbit stated that due to the ZetaChain network upgrade, the ZETA deposit and withdrawal services will be suspended on June 6, 2024, at 18:00. A separate announcement will be made to restore services once the network stability is confirmed.

ChainCatcher news, according to official sources, the OKX Web3 wallet will collaborate with OKX Ventures, ZetaChain, and Privasea to host the "OKX Web3 Mixer" themed event during Consensus Austin.This event will officially take place on May 30 in Austin, Texas, gathering industry leaders, investors, and top entrepreneurs from the blockchain, Web3, and Bitcoin sectors to discuss the evolution and future prospects of the Web3 ecosystem.It is reported that the specific list of partners and guests for this event includes founders and investors from projects such as CertiK, Conflux, Solana, Babylon, FLock, CARV, Somnia, Virgo, Koii, Gumi, DePHY, and others.

ChainCatcher news, May 15, cross-chain interoperability project ZetaChain announced its 2.0 version upgrade plan, proposing a series of potential upgrades to achieve the first universal Ethereum Virtual Machine (EVM) and full chain abstraction. This version introduces new features such as universal Proof of Stake (PoS) and universal App, aimed at automating complex cross-chain interactions.The main upgrades of ZetaChain 2.0 include:Composable cross-chain messaging, simplifying multi-step cross-chain transactions;Full-chain accounts, allowing contracts on ZetaChain to interact with native contracts on connected chains;Universal PoS, enabling the staking of assets like Bitcoin, Ethereum, BNB, etc., to enhance network security;Expanded Bitcoin compatibility, supporting more Bitcoin script types;Integration of the IBC protocol, introducing new potential use cases for the IBC ecosystem.These upgrade plans proposed and developed by the community are actively being advanced in ZetaChain's public node codebase. If approved through on-chain governance voting, they will be officially launched in future network upgrades. ZetaChain is committed to enabling users to easily and quickly use applications across all blockchains, regardless of which chain they are on, through full chain abstraction.

ChainCatcher news, according to the official announcement, the full-chain abstract L1 ZetaChain plans to allocate 5% of the total supply of ZETA for developer and DApp ecosystem growth plans, with a specific allocation of 1% (21 million ZETA) for Bitcoin projects. This plan is the first allocation of the total supply of 12% designated for the ecosystem growth fund in the ZETA token issuance plan, with ZETA scheduled for distribution over the next 3 to 4 years.It is reported that ZetaChain's Bitcoin project ecosystem development plan will focus on three major areas: Bitcoin infrastructure, Bitcoin DeFi, and Bitcoin gaming and social. Currently, the plan is accepting applications.

ChainCatcher news, according to official sources, ZetaChain stated that just two months after the release of its mainnet test version, the total number of weekly active users has reached 2.56 million. In addition, 120,000 ZETA have been distributed to 21,000 eligible testnet users on Galxe, and a BTC NFT claiming task has been launched.