ChainCatcher news, Alex Nascimento, a blockchain researcher and professor at the University of California, Los Angeles (UCLA), has included a case study of Bitget in the fourth edition of his new book, The STO Financial Revolution. The book provides a comprehensive analysis of blockchain, cryptocurrency, and Web3 technologies, exploring their applications in the financial sector and offering practical guidance for compliant fundraising for businesses and investors.This book is co-authored by industry experts and features case studies from well-known organizations such as Bitget, DWF Labs, UNICEF, BTG Pactual, and Polymath, showcasing key developments in the blockchain industry and discussing how blockchain technology is transforming the global financial system. The book has already been adopted by several academic institutions, including UCLA, as an important teaching material for courses related to the digital economy.UCLA blockchain professor Alex Nascimento stated, "Incorporating blockchain technology and Web3 principles into the global education system is crucial for cultivating a new generation of talent that can adapt to a decentralized digital world. By supporting blockchain education initiatives, Bitget is not only a driver of business innovation but also a significant contributor to the dissemination of blockchain knowledge."

ChainCatcher news, according to Cointelegraph, Professor Yu Xiong, Dean of the School of Blockchain and Metaverse Applications at Surrey University, conducted an in-depth analysis of the inclusion of cryptocurrencies in national-backed reserves, calling it a "double-edged sword" with clear advantages and disadvantages.Xiong pointed out that the main advantage of a multi-asset reserve is the provision of more diverse options, reducing over-reliance on Bitcoin, which currently accounts for about half of the total cryptocurrency market capitalization. "The DeFi ecosystem of Ethereum (with a total locked value of about $50 billion) and the high-speed transactions of Solana (65,000 TPS) represent technological diversity." He added that the inclusion of altcoins also acknowledges the broader application scenarios of blockchain, such as Ukraine raising $135 million in crypto donations through coins like ETH and SOL after being invaded by Russia in 2022.However, Xiong emphasized several potential risks. The first is regulatory uncertainty, as the SEC is still in litigation with Ripple, "the government holding these tokens may face opposition." The second is liquidity risk; due to the low trading volumes of these coins, government purchases or sales could lead to significant price surges or drops. In the last 24 hours, Bitcoin's trading volume was $54.8 billion, while ETH was $23.4 billion, XRP was $5.5 billion, SOL was $5.4 billion, and ADA was $3.6 billion, which may indicate that some altcoins "lack the depth for large-scale reserves."Regarding concerns about market manipulation, Xiong stated, "The market disruption caused by the U.S. Treasury's sale of 30,000 Silk Road Bitcoins in 2014 was minimal, but today, selling 3% of the Bitcoin supply (about $5.5 billion) could lead to a 15% price drop."On the potential impact of U.S. crypto reserves, Xiong believes it will provide strong support for the crypto and blockchain industry, marking an increase in institutional acceptance and accelerating the adoption of traditional financial companies, similar to how BlackRock attracted $18 billion in assets under management within six months after launching a Bitcoin ETF. He stated, "U.S. reserves may mimic the role of the Strategic Petroleum Reserve in energy security, positioning cryptocurrencies as geopolitical tools."Xiong also warned that the crypto market remains fragile, with Bitcoin's annualized volatility fluctuating between 30% and 60% over the past year, while oil volatility is below 35%. Higher volatility raises concerns about manipulation or unintended market distortions.Regarding the impact of U.S. crypto reserves on the crypto and blockchain industry, Xiong summarized it as "short-term optimism, long-term caution," believing it could provide "cover" for institutional investors like pension funds. "If the U.S. government deems it appropriate, then corporate treasuries and institutional investors may also find it appropriate. The $50 trillion managed by pension funds and insurance companies globally may increase their allocation to cryptocurrencies," Xiong stated, similar to the situation after the approval of Bitcoin ETFs in early 2024.

ChainCatcher news, StarkWare announced that computer science professor Moni Naor has joined its scientific committee as a chief researcher. At StarkWare, he will primarily focus on topics such as Bitcoin cryptography and the decentralization of Starknet.StarkWare stated that Moni has made pioneering contributions to computer science, including groundbreaking research on public key systems resistant to chosen ciphertext attacks, non-malleable cryptography, visual cryptography, and innovative methods for verifying human users (leading to the concept of CAPTCHAs). The first mention of proof of work was proposed by him together with Cynthia Dwork.

ChainCatcher news, encrypted KOL Professor Crypto has not publicly responded to allegations of using bots to manipulate his social media metrics and influence shortly after receiving the "Best Content Creator" award. On-chain detective ZachXBT accused him of using "thousands of bots" to "fool people into thinking you are influential."He also hinted that this move might violate a regulation by the Federal Trade Commission (FTC), which "prohibits anyone from selling or buying false social media influence metrics, such as followers or views generated by bots or hijacked accounts."Professor Crypto has not publicly responded to the allegations but has deleted several posts showing that he received the "Best Content Creator" award at the DeGen Summit held in Singapore on September 17.

ChainCatcher news, according to Bitcoin.com, Eswar Prasad, a professor at Cornell University's Dyson School and a senior fellow at the Brookings Institution, expressed great concern about the risks posed by the booming cryptocurrency market in a commentary published in The New York Times.Despite Bitcoin recently soaring to an all-time high and receiving political support from figures such as former U.S. President Donald Trump and current Vice President Kamala Harris, Eswar Prasad warned that, in any case, today's cryptocurrencies pose greater risks to investors and financial institutions than ever before. He pointed out that the U.S. Securities and Exchange Commission (SEC) has relaxed regulations, making it easier for retail investors to enter the cryptocurrency market, but often they do not fully understand the risks involved.Eswar Prasad further emphasized the dangers of centralization within the crypto ecosystem, noting that the collapse of FTX and the legal troubles of Binance are examples of how centralized power can undermine the fundamental principles of decentralized finance. He also stressed that "risks may spread from decentralized finance to traditional finance, and vice versa," thereby introducing vulnerabilities to the entire financial system.

ChainCatcher news, the Washington State Department of Financial Institutions (DFI) has issued a consumer alert reporting multiple cases of cryptocurrency scams involving fake "professors" on WhatsApp and Telegram. This scam involves "companies claiming to be higher education institutions, such as 'business schools', 'colleges', or 'wealth academies', offering courses primarily centered around investing in cryptocurrency.The alleged fraudulent activity typically begins with investors being placed into WhatsApp or Telegram groups, often using arbitrary names that include popular terms like "wealth club", "elite", and "artificial intelligence". These groups are operated by individuals claiming to be colleagues of the company, with titles including professor, consultant, and assistant.Additionally, these companies offer high-value loans or credit lines to help investors join exclusive "VIP clubs" or meet capital requirements for new products. These loans are often arranged informally via WhatsApp, with the company providing misleading account screenshots. When investors attempt to repay these loans, they are told that their accounts will be frozen until external funds are provided, and if they do not comply, they receive threatening messages and legal claims.

ChainCatcher news, according to Cointelegraph, Professor Massimiliano Sala from the University of Trento in Italy recently discussed the future of blockchain with the Ripple team, particularly the potential threat of quantum computing to cryptographic technologies. Professor Sala emphasized that the maturity of quantum computing technology could pose a serious threat to existing cryptographic methods, thereby bringing risks to the entire blockchain technology system. He pointed out that quantum computers will be able to easily solve the fundamental problems of digital signatures, undermining the security mechanisms that protect user assets on blockchain platforms. He proposed the concept of "Q Day," which refers to the moment when quantum computers become powerful enough and accessible enough for malicious actors to break traditional cryptographic methods.While this will have far-reaching implications for any field where data security is critical—including emergency services, infrastructure, banking, and defense—it could theoretically destroy the world of cryptocurrencies and blockchain. Sala suggested that to address this potential risk, all traditional public key cryptosystems should be replaced with corresponding systems that can withstand quantum attacks. Although practical quantum computers capable of performing such operations have not yet emerged, governments and research institutions around the world are already preparing for the arrival of Q Day. Professor Sala expressed satisfaction with the progress in the field of quantum computing and recommended that blockchain developers maintain close collaboration with cryptographic experts who understand modern systems' quantum protection standards and innovations to face this challenge together.

ChainCatcher news, according to Bloomberg, as the financing scale of the digital asset industry rises again, venture capital firms are turning to crypto startups and projects founded by professors and scholars.Analysis shows that the crypto projects Shara, CheckSig, and NEBRA were all founded by scholars, and these projects have successfully raised funding support in the past two months.Notably, EigenLayer, founded by University of Washington associate professor Sreeram Kannan, secured $100 million in February this year with participation from Andreessen Horowitz (a16z), while the crypto project Babylon, founded by Stanford University professor David Tse, successfully raised $18 million. Both projects focus on the vertical field of restaking in crypto.

ChainCatcher news, according to Fortune, the path for Coinbase to file a lawsuit against the U.S. Securities and Exchange Commission (SEC) looks bleak. Todd Phillips, a professor of banking and administrative law at Georgia State University, stated that Judge Failla's decision last week indicates her agreement with the SEC's interpretation of legal precedent, suggesting that the crypto assets offered on Coinbase appear to be securities. Therefore, Coinbase is operating as an unregistered exchange and broker, and the SEC may prevail.Todd Phillips analyzed two scenarios that could be more favorable for Coinbase. First, hoping that the Republican Party wins the presidential election and forces Gary Gensler out of the SEC; second, Coinbase could immediately appeal this decision, forgoing the next phase of the trial, and directly appeal to the Second Circuit Court, ultimately appealing to the Supreme Court.

ChainCatcher news, according to Bloomberg, Turkish President Erdogan has appointed Professor Fatma Ozkul as a new member of the Turkish Central Bank's Monetary Policy Committee. Fatma Ozkul's main research areas are accounting, finance, and auditing, and she has taught courses on subjects such as blockchain technology and crypto assets, as well as teaching about crypto assets and blockchain technology.

ChainCatcher news, DCG announces the appointment of Tonya Evans, a professor at Penn State Dickinson Law, to the board. Professor Evans has expertise in intellectual property, blockchain, and distributed ledger technology, which will help the company scale and achieve its strategic roadmap.

ChainCatcher news, Bitget will hold the first Web3 summit "Bitget EmpowerX" in Singapore on September 12, expecting over 1000 industry professionals to participate in the summit for交流分享. Among them, Polygon co-founder Mihailo Bjelic, LayerZero co-founder and CEO Bryan Pellegrino, and Stanford University professor David Tse have confirmed their attendance and have been invited to participate in a roundtable discussion.The Bitget EmpowerX summit will focus on popular topics in Web3, sharing institutional-level insights for the global crypto industry and Web3 enthusiasts. Among the confirmed keynote speakers are Tim Draper, founder of Draper Associates, and Haseeb Qureshi, partner at Dragonfly Capital, who will share their views on "Web3 Investment and Outlook."Sebastien Borget, co-founder and COO of The Sandbox, Annabelle Huang, managing partner of Amber Group, Joonatan Lintala, founder and CEO of Phaver, and TN Lee, co-founder of Pendle Finance, have confirmed their attendance at the roundtable discussion, which will delve into the theme "From Web2 to Web3."

ChainCatcher news, according to official information, Zehua Wang, a blockchain professor and PhD supervisor at the University of British Columbia (UBC) in Canada, has officially joined Getaverse as an advisor.Dr. Wang is also one of the core leaders of Blockchain@UBC, a partner of the Ethereum Foundation, and a co-founder of Verilog Solutions, a security auditing company. In March 2022, Verilog Solutions was invited to collaborate with the BNB security team to analyze and provide early warnings for the EVODef cross-bridge vulnerability. Dr. Wang has established official collaborations with the Natural Sciences and Engineering Research Council of Canada, the Canadian Department of Public Safety, the Ethereum Foundation, and numerous ecosystems including Celo, Oasis, Fuel, zkSync, and StarkNET. He has also provided detailed, full-stack security audits for many well-known projects, including BendDAO, STEPN, WOOFi, and CELO Network, and has been recognized by the Ethereum core development team as one of the most noteworthy blockchain security auditing companies.As the world's first growth credit protocol based on the Web3 ecosystem, Dr. Wang's joining will provide more valuable advice and support for Getaverse in terms of products, technology, and security. (Source link)