ChainCatcher news, the Web3 asset data platform RootData announced a strategic partnership with the decentralized AI internet search network Adot, which will integrate the RootData API to introduce RootData's popular project leaderboard data, providing real-time and accurate data support for its users and products.It is reported that Adot is a decentralized AI internet search network. It not only offers users a more convenient and intelligent Web3 content search experience but also helps developers quickly build their own personalized search functions. Adot's mission is to create a decentralized search network that comprehensively surpasses traditional search engines, making all quality data accessible to every user and developer.

ChainCatcher news, Ethereum Foundation researcher Justin Drake posted on X that today marks the four-year anniversary of the Ethereum Beacon Chain's launch. In its initial phase, only 500,000 ETH were staked. Although it did not provide direct benefits to users at the beginning, it has gradually grown into one of the most powerful foundations in blockchain history.Looking ahead, Drake believes Ethereum has the opportunity to become the settlement layer of the value internet. Although the Beacon Chain is still not perfect, the upgrade path in the coming years will remain challenging, including improvements in censorship resistance and MEV handling, reducing staking deposits, increasing finality speed, smart issuance, achieving smartwatch-level full-chain verification, and post-quantum security. Additionally, outside the consensus layer, there is hope to achieve complete sharding in the data layer and native Rollup in the execution layer.Drake stated that many L1 improvements will be gradually released in the coming years, and enhancements like post-quantum security may require a complete redesign. L2 solutions will provide significant performance improvements within months, including fast user experiences, low fees, unlimited throughput, and synchronous composability.

ChainCatcher news, Farcaster co-founder Dan Romero stated on social media that the types of businesses and customer groups that most fintech/cryptocurrency companies prohibit are determined by their upstream banking partners through their regulatory agencies. This is a shadow policy rather than a statutory regulation.

ChainCatcher news, BitMEX Research posted on platform X that the court has rejected "Satoshi Nakamoto" Craig Wright's (CSW) appeal in the case against the Crypto Open Patent Alliance (COPA). If CSW wishes to pursue this case further, his only option now is the UK Supreme Court.After CSW's defeat, the court subsequently issued several injunctions against CSW, prohibiting him from taking or threatening legal action on the grounds that he is Satoshi Nakamoto;Despite the injunctions, CSW appears to have violated this provision by initiating a large-scale lawsuit in the UK against Bitcoin developers and over a hundred cryptocurrency companies. He is suing for over $1 trillion, and in the new case, CSW still claims to be Satoshi Nakamoto;COPA subsequently claimed that this new case violates the injunction, and the case has been put on hold until a determination is made. If the case indeed violates the injunction, it may be dismissed;A one-and-a-half-day hearing will be held in London on December 18, 2024, to determine whether the injunction has been violated and whether CSW is in contempt of court. This Wednesday, the judge ordered CSW to attend the hearing in person.Currently, there is significant uncertainty regarding whether CSW will attend the hearing or continue to hide in the Far East. In any case, we predict that he will not attend. His absence may be viewed unfavorably by the judge.

ChainCatcher news, Ethereum Foundation researcher Justin Drake published a paper revealing details related to the BeamSNARKs algorithm. BeamSNARKs is an enhanced ZK algorithm that allows provers to demonstrate the truth of a statement to verifiers without revealing underlying data and without requiring interaction.For Ethereum, the BeamSNARKs developed by Moonchain represents a transformative advancement in two key areas: privacy and scalability. In terms of privacy, BeamSNARKs enable the verification of transactions or computations without exposing sensitive data, thereby supporting use cases such as confidential transactions and private smart contracts.It is reported that Beam Chain is an indispensable consensus layer improvement for the Ethereum 3.0 era. This is a proposal to redesign Ethereum announced by Justin Drake at DevCon. Ethereum is expected to take several years to transition completely from the PoS era to the ZK era, at which point Ethereum itself will be fully equipped with ZK capabilities.

ChainCatcher message, Ethereum Foundation researcher Justin Drake tweeted that the Ethereum Foundation is investing tens of millions of dollars in zkVM, including zkRISC-V formal verification, Poseidon cryptanalysis, and L2beat for zkVMs.

ChainCatcher news, the Bernese Cantonal Parliament in Switzerland has passed a proposal to study Bitcoin mining as a method to utilize excess energy and stabilize the power grid.The parliament will conduct a feasibility study to assess energy availability, environmental impact, and regulatory issues. Supporters state that Bitcoin mining can attract investment, create jobs, and promote the development of renewable energy.

ChainCatcher message, BNB Chain announced on platform X that BNB Chain has provided a donation of 78,800 USDT to support the Happy-Sci Researcher fund program, which means that the community's generous donations will be doubled, providing more support for PhD students around the world.

ChainCatcher news, according to the ranking surge data from the Web3 asset data platform RootData, as of November 28 at 19:30, Rarimo has risen by 1,098 ranks, placing it first; Soarchain has risen by 928 ranks, ranking second; RuneMine has risen by 908 ranks, coming in third.Additionally, the Web3 asset data platform RootData shows that Rarimo is a privacy-first social application that allows users to maintain privacy without losing historical operations, networks, and identities. Users can store passport data locally on their phones, publish their identities without permission, and anonymously generate ZKPs to prove their voting eligibility.It is reported that RootData has launched the first "Web3 Popular Projects Ranking." This popularity ranking captures the real attention pulse of users through 4.3 million real user behavior data, helping users improve the accuracy of their investment decisions. The ranking is calculated in real-time based on weighted factors such as the frequency of searches by platform users, project click rates, user votes, and the popularity and influence on the X platform.

ChainCatcher news, according to the statistics from OKLink Research Institute on November 28, since the opening of the U.S. Bitcoin spot ETF channel in January 2024, the BTC holdings of global Bitcoin spot ETFs have been continuously rising.As of November 28, 2024, the global Bitcoin spot ETF holdings have reached 5.55% of the total Bitcoin supply. In the financial industry, a 5% ownership stake is considered a critical threshold. For example, according to the regulations of the U.S. Securities and Exchange Commission (SEC), shareholders owning more than 5% must report such information to the SEC.

ChainCatcher news, on Tuesday, the court ruled that immutable smart contracts do not constitute property and cannot be sanctioned under current law, a significant victory for privacy advocates, some observers claim.10X Research stated in a report to investors on Wednesday: "While this ruling does not recognize money laundering, it sets a precedent that allows programmers to develop and publish smart contract protocols without fear of sanctions and without charging fees." This move also provides developers with clearer insights into what they can build without falling under regulatory scrutiny, especially on Ethereum, "as Ethereum remains the main hub for DeFi, this decision has positive implications for the broader DeFi ecosystem and other protocols (especially on the Ethereum network). This could have a huge impact."Former Coinbase CTO and prominent cryptocurrency entrepreneur Balaji Srinivasan stated on X on Wednesday: "Privacy won. Smart contracts won. Tornado Cash won. And OFAC lost."