ChainCatcher news, Trump Media Technology Group (DJT.O) rose 10% in pre-market trading, after a 17.6% increase in the previous trading day. (Jin Shi)

ChainCatcher news, Kronos Research appoints former Tower Research executive Vincent Wang as Chief Technology Officer (CTO).Vincent Wang has over 20 years of experience in technology and finance, having served as the head of Tower Research in China. In his new role, he will focus on building a closely collaborative team, overseeing the design and architecture of major software system projects, and guiding team members in best practices.

ChainCatcher news, Xiaohui Liu, head of the MVC technology department and founder of sCrypt, announced on Twitter that the Bitcoin sidechain MVC (MicrovisionChain) has made progress in research for the third quarter of 2024, and will implement the following three aspects in the next six months:Full activation of the OP_CAT opcode: As a Bitcoin sidechain, MVC will utilize the OP_CAT opcode to support Layer-1 smart contracts, enabling developers to build Turing-complete decentralized applications (DApps) under the UTXO model.SegWit integration: The introduction of SegWit will enhance transaction processing efficiency, reduce transaction fees, and optimize the execution of smart contracts, ensuring higher transaction throughput and security.Merged mining research: MVC will strengthen the decentralized security model by merging mining with Bitcoin, leveraging the security and hash power of the Bitcoin network, while attracting more miners to participate.

ChainCatcher news, according to Coinpost, the Financial Services Agency of Japan has issued a statement believing that "unmanaged wallet services" using certification technology do not fall under the category of cryptocurrency trading businesses (managed businesses). This judgment is seen as a way to help alleviate legal uncertainties in the cryptocurrency (virtual currency) industry.An unmanaged wallet is a digital wallet for cryptocurrency assets where users can manage their own private keys. This method of bypassing a central administrator is the foundation of widely adopted services in the industry (such as Metamask and Phantom).This judgment was made through the "Gray Zone Elimination System" based on the Act on Strengthening Industrial Competitiveness. This system aims to promote innovation by clarifying the regulatory applicability in emerging businesses in advance. The relevant procedure was requested by the business minister (in this case, the Ministry of Economy, Trade and Industry) to the regulatory minister (the Financial Services Agency) for confirmation.

ChainCatcher news, according to official sources, YuanCoin Technology has announced the completion of a $7.8 million A1 round of financing. In this round of financing, YuanCoin Technology received strategic investments from well-known industry players such as Sequoia China, Hivemind Capital, Aptos Labs, Hash Global, SNZ Capital, Solana Foundation, Anagram, and Upward Capital. YuanCoin Technology stated that this round of financing will connect the company to the Web 2 and Web3 worlds and continue to contribute to the construction of the Hong Kong Web3 ecosystem.It was introduced that on July 18, 2024, YuanCoin Technology announced that its subsidiary YuanCoin Innovation Technology Limited has been included in the Hong Kong Monetary Authority's (HKMA) stablecoin issuer sandbox program. Meanwhile, another subsidiary of YuanCoin Technology, YuanCoin Wallet Technology Limited, has obtained a Stored Value Facility (SVF) license issued by the HKMA and will officially operate by the end of 2023. This A1 round of financing marks another significant progress for YuanCoin Technology following its seed round financing in 2020. YuanCoin Technology has consistently received support from original shareholders such as ZhongAn Digital Asset Group Limited, HashKey Group, Dragonfly, Bright Venture, and Eminent Vision.

ChainCatcher news, according to Ledger Insights, HSBC has issued a one-year digital note worth HKD 1 billion (USD 128 million) using distributed ledger technology (DLT). The structure of this issuance is similar to the HKD 7.56 billion sovereign digital bond issued earlier this year. Therefore, the latest digital note is issued through HSBC Orion DLT, with the local Central Securities Depository (CSD) CMU acting as the platform operator.It is reported that HSBC's blockchain bond tokenization platform, HSBC Orion, uses a combination of Digital Asset's DAML and Hyperledger Fabric technology.

ChainCatcher message, Zhao Changpeng posted on the X platform stating that the food tastes amazing, and being able to eat more than one piece of fruit every day is truly a luxury. I want to thank everyone for their support. This means a lot to me and helps me stay strong during my darkest moments.Some quick updates/thoughts: Giggle Academy is progressing well and will become an important part of my life in the coming years. I will continue to invest in blockchain/decentralized technology, artificial intelligence, and biotechnology. I am a long-term investor, focused on impact rather than returns. I will also dedicate more time and resources to charity (and education). I have some rough ideas. I am still writing my book. I think I am about 2/3 finished. Writing the book is much more challenging than I expected, but I will persevere.

ChainCatcher news, according to Bitcoin.com, the decentralized identity project Worldcoin has announced the launch of Orb verification (i.e., iris scanning) services in Guatemala, Poland, and Malaysia, along with the introduction of the Face Auth feature.Face Auth is a new feature in its World ID suite that allows other applications to verify whether the person using the ID is the same individual who was verified at a Worldcoin center using the orb device (iris scanning device). This process only uses information from the user's mobile phone, protecting user data privacy and preventing potential fraud that could occur due to device theft.

ChainCatcher news, according to Bloomberg, fintech giants Robinhood and Revolut are considering launching stablecoins. However, a spokesperson for Robinhood stated that there are currently "no plans" to issue stablecoins, but did not dismiss the possibility. Robinhood currently offers a variety of digital asset trading on its platform, including the stablecoin USDC issued by Circle.Additionally, UK-based Revolut is also considering launching a stablecoin. Last week, Revolut launched a retail wealth management application that supports trading across various asset classes, including cryptocurrencies. A spokesperson for Revolut stated that the company plans to "further expand" its crypto products, but did not directly mention stablecoins. Some analysts believe that the upcoming MiCA regulations from the EU will promote stablecoin activity in the region. These regulations will come into full effect by the end of 2024 and will establish specific rules for stablecoin issuers, including licensing agreements and strict reserve management rules.

ChainCatcher news, little Trump posted on the X platform stating that he is willing to pay a huge sum for Harris to explain cryptocurrency and blockchain technology, but it cannot be done with a teleprompter; the longer Harris speaks, the more he will be paid.Little Trump also mentioned that he is willing to pay for Harris to debate with his 15-year-old son about cryptocurrency and blockchain technology.

ChainCatcher News, the Financial Services Agency of Japan held its first meeting of the Fund Settlement Law Revision Working Group on the 25th, beginning the review of regulations related to the fintech era, including crypto assets and stablecoins. The meeting aims to address the diverse needs brought about by the digitalization of financial services and to promote a balance between user protection and healthy market development.During the working group meeting, discussions were held on how to design a system for the rapidly evolving financial business, covering areas such as decentralized finance (DeFi), cashless payments, and fintech. The Financial Services Agency will strive to ensure the stability and competitiveness of the Japanese financial system based on international trends.One focus is to strengthen the regulation of crypto asset exchanges. The Financial Services Agency will learn from the lessons of the FTX bankruptcy in November 2022 and consider introducing mandatory requirements for exchanges to hold assets domestically under the fund settlement law framework, in order to enhance the protection of user assets in the event of an exchange bankruptcy.Discussions on stablecoins also aim to promote their use. Currently, specific trust-type stablecoins are subject to the same regulatory standards as bank deposits, but other countries have greater flexibility in the operation of supporting assets. Japan is also considering adjusting relevant regulations.

ChainCatcher News: The Japanese game public blockchain Oasys has reached a partnership with the Arbitrum Foundation. The collaboration will integrate Arbitrum Orbit technology into the Oasys infrastructure. Through this integration, the Hub layer (L1) of Oasys will support the creation and deployment of Verses (Oasys L2) using Arbitrum's scaling solutions. The Uprising Verse will be the first Verse L2 launched using this innovative approach.

ChainCatcher news, OpenAI founder and CEO Sam Altman announced on social media that there are significant personnel changes happening at the company. Chief Technology Officer Mira Murati, Chief Scientist Bob, and another executive, Barret, will be leaving. Altman stated that these decisions are independent and amicable. Mark will take over as Senior Vice President of the research department, leading the research team alongside Chief Scientist Jakub. Josh Achiam will serve as the Director of Mission Alignment, while Kevin and Srinivas will continue to lead the application team, and Matt Knight will become the Chief Information Security Officer.Altman emphasized that although this change is sudden, the leadership transition is a natural result of the company's rapid growth. He plans to refocus his energy on the company's technology and product aspects and will discuss these changes further in an all-hands meeting.

According to ChainCatcher, Tiger Research reported that the Ministry of Electronics and Information Technology (MeitY) of India announced the National Blockchain Framework (NBF) on September 4.India's National Blockchain Framework adopts a different approach compared to existing public blockchains. It uses a permissioned blockchain instead of public blockchains like Bitcoin or Ethereum. In this model, only authorized participants can validate transactions, making it more suitable for government services. This is because the protection and control of personal information have been strengthened.The key keywords of the announced National Blockchain Framework are security, transparency, and increased trust. By establishing a blockchain infrastructure that will become the foundation of national systems, companies can develop blockchain solutions suitable for the public sector.

According to ChainCatcher, as reported by FOX Business journalist Eleanor Terrett, during a hearing held by the House Financial Services Committee, SEC Chairman Gary Gensler stated that he maintains a "neutral" stance on blockchain technology.Gensler stated, "Putting something on a blockchain ledger does not change the economic situation; the key is whether it is a good investment, and we take a neutral stance on that."

ChainCatcher news, according to Jinshi reports, Shanghai officially launched the pilot program for "blockchain-based bulk commodity supply chain financing" this afternoon. The first four bulk commodity trading companies that settled on the platform, along with the Nonferrous Metals Trading Center and Shanghai Port Cloud Warehouse, signed a strategic cooperation agreement with Bank of Communications.The launch of the pilot program for "blockchain-based bulk commodity supply chain financing" in Shanghai aims to leverage financial technology innovation, utilize the government's guarantee fund, and promote the development of blockchain-based supply chain finance to better serve the real economy.

ChainCatcher news, according to official sources, the decentralized AI project NetMind.AI has announced an investment of £2 million (approximately $2.63 million) in TG0, a London-based AI-driven human-computer interface development company. TG0 plans to seek a new round of investment later this year.It is reported that the AI hardware technology company TG0 was co-founded by Ming Kong and Dr. Liucheng Guo, focusing on next-generation human-computer interfaces driven by AI, providing solutions with 3D innovative interaction and patented sensing technology.Through collaboration with NetMind, TG0 will accelerate the development of AI-embedded products that are fully customizable and capable of adapting to user needs in real-time. NetMind's AI solutions will be offered on the TG0 platform. The research and product teams from both sides will jointly develop AI solutions and integrate resources to advance AI research.