ChainCatcher news, reported by The block, Federal Reserve Vice Chairman Michael Barr responded to the controversy over the de-banking of the cryptocurrency industry. Barr stated that the Federal Reserve will maintain a neutral stance and will not prevent banks from collaborating with the crypto industry.He emphasized that the Federal Reserve has provided clear guidance and a regulatory framework that allows banks to engage in crypto business within compliance, while not mandating or discouraging banks from participating in related activities.

ChainCatcher news, according to The Block, two Ethereum researchers revealed in a message released today that they have resigned from their positions due to controversy arising from their roles as advisors for the restaking platform EigenLayer.Ethereum researchers Justin Drake and Dankrad Feist posted on the X platform that they resigned from their advisory roles to focus on the development of the Ethereum base layer. Drake stated that he stepped down from this position in September.

ChainCatcher news, the digital asset financial services group HashKey Group announced that it will jointly launch the "Bitcoin ETF Greening Public Welfare Program" with the Green Bitcoin Alliance (GreenBTC.Club), to green "light up" the Bitcoin blocks held by the Bosera HashKey Bitcoin ETF, achieving comprehensive carbon neutrality for the fund's holdings and promoting the sustainable development of the Bitcoin ecosystem.To commemorate the successful issuance of the Bosera HashKey Bitcoin ETF, HashKey Group will continuously purchase renewable energy certificates based on the holdings of the Bosera HashKey Bitcoin ETF, participating in the "greening" initiative in the name of investors collectively. A dedicated "Green Bitcoin ETF" area will be established on GreenBTC.Club to offset the carbon emissions generated by the historical energy consumption of global Bitcoin mining. Investors will have the opportunity to receive a unique NFT medal, which serves as a permanent on-chain record supporting Bitcoin's carbon neutrality and a green footprint for participating in public welfare carbon reduction.This public welfare program injects ESG concepts into the Bosera HashKey Bitcoin ETF, making fund holders green digital asset holders supporting ESG development. With the comprehensive carbon neutrality of fund holdings, custody, and trading shares, more people will participate in green finance, jointly promoting the sustainable growth of Bitcoin's value.It is reported that GreenBTC.Club is a community-driven global inclusive climate action network powered by DePIN, implementing the "tokenized green certificate asset protocol" based on Arkreen's on-chain issuance and on-chain consumption.

ChainCatcher message, the Cosmos ecosystem chain Neutron tweeted that it has completed the Neutrality upgrade. There may be some interruptions after the last full node completes the migration, but it will quickly return to full stability.

ChainCatcher message, the Cosmos ecosystem chain Neutron has announced that it is undergoing a Neutrality upgrade. The network is currently halted during the upgrade, with 47% of the voting power supporting the upgrade. Once 67% of the voting power on Cosmos Hub completes the upgrade, the chain will resume normal operations.

ChainCatcher news, the Cosmos ecosystem chain Neutron announced the launch of the Neutrality upgrade. This upgrade will integrate the Duality hybrid order book application chain into the Neutron binary file, eliminating liquidity fragmentation by enabling automated market makers (AMMs) to aggregate liquidity and order flow into a shared protocol platform. Developers will be able to establish efficient markets for any asset and replicate any AMM curve: stable pools, weighted or concentrated pools, etc.Additionally, the Neutrality upgrade introduces the Block SDK developed by Skip Protocol, allowing application developers to transparently define how the network constructs and verifies on-chain blocks, providing an executable and clear method to manage and redistribute miner extractable value (MEV). The upgrade also brings a series of improvements to the Neutron base layer, including the transition from Cosmos SDK 0.45 to 0.47, integration of the Globalfee module, updates to the Tokenfactory module, and enhancements to the ContractManager module.The Neutrality version will soon undergo formal review and testing on the Pion-1 testnet. If the tests are successful, the Neutrality upgrade proposal will enter the voting period in November. If approved by the Neutron DAO, the mainnet network upgrade will take place approximately 14 days after the proposal is published (likely in mid-November).

ChainCatcher news, at the main venue of the "2023 Hong Kong Web3 Carnival" in the session "Bitcoin Ecology: Technology and Development," the Chairman and General Manager of Wanxiang Blockchain, and Chairman of HashKey Group, Xiao Feng, hosted the establishment ceremony of the "Green Bitcoin Alliance." At the same time, HashKey Group, in collaboration with the DePIN project arkreen, launched the "Bitcoin Block Computing Power Carbon Neutral Application."Guests participating in the establishment ceremony included Xiao Feng, Chairman of Wanxiang Blockchain and Chairman of HashKey Group; Kong Jianping, Chairman and CEO of Nano Labs and Director of Hong Kong Cyberport; He Kaidong, Managing Director of Ebang International Hong Kong Office; Alen Cai, CEO of 9F City NBTC; Zhu Fa, Co-founder of InBit; Daisy Zhang, Founder of JDK Capital; Dongzhen, President of Wayi Investment; Lucas Wang, Chairman and CEO of Bitorigin; and Bill Qian, Chairman of Cypher Capital.Xiao Feng stated: "Purchasing green certificates and establishing the Green Bitcoin Alliance can greenwash the energy consumption and carbon emissions generated by Bitcoin, helping to promote Bitcoin as a green global currency. As Bitcoin is increasingly used, industry professionals have an ESG responsibility."

ChainCatcher news, according to China News Network, the People's Court of Tianhe District, Guangzhou, recently heard a contract dispute case arising from virtual currency mining. The court ruled in the first instance that the contract was invalid, dismissing all claims of the plaintiff and all counterclaims of the defendant. The defendant subsequently appealed, but due to failure to pay the second-instance case acceptance fee within the stipulated period, the case was processed as a withdrawal, and the first-instance judgment has now taken effect.The court reported that in May 2021, the plaintiff, a certain Tian company, signed a "Strategic Cooperation Framework Agreement" with the defendant, a certain Ma company, agreeing that the Ma company would provide Proof of Capacity (P disk) services for the Tian company. During the service process, the Tian company filed a lawsuit claiming that the Ma company had not completed the P disk service on time and in full, demanding a refund of the service fee and deposit totaling 295,000 yuan.After hearing the case, the court found that this case involved activities related to virtual currency. Relevant Chinese authorities have clearly pointed out that virtual currency does not have the same legal status as legal tender, and activities related to virtual currency are considered illegal financial activities. Moreover, the mining activities involved in this case consume a large amount of energy and produce significant carbon emissions, contributing little to the national economy, and are detrimental to the optimization of China's industrial structure and energy conservation and emission reduction, as well as to achieving the goals of carbon peak and carbon neutrality. Therefore, the mining contract signed by both parties is deemed invalid due to harming public interests and violating public order and good morals, and the related property rights arising therefrom should not be protected by law; the consequences of the aforementioned actions should be borne by the parties themselves. (source link)

Chain Catcher News: Ethereum founder Vitalik published a new article today titled "DAOs Are Not Companies: The Decentralization of Autonomous Organizations Is Important."Current opinions suggest that highly decentralized governance is inefficient, while traditional corporate governance structures composed of boards, CEOs, and others, having evolved over hundreds of years, are better at making correct decisions and creating value for shareholders. Vitalik believes this stance is incorrect in many cases. Although in real life, we may only need a few DAOs that resemble political science rather than corporate governance structures, these are the truly important ones. DAOs serve functions similar to nation-states in applications, such as providing basic infrastructure, so the value of characteristics like predictability, robustness, and neutrality outweighs that of efficiency. (Source link)