ChainCatcher news, according to the South China Morning Post, "one of the Big Four accounting firms," PwC, along with the industry organization Web3 Harbour, has released the "Hong Kong Web3 Blueprint," emphasizing decentralization, transparency, security, and user empowerment, and aims to fully leverage the "superpowers of Web3" through the development of five key driving factors, including: talent, market infrastructure, standards, regulation, and funding and economic contributions.In addition, Peter Brewin, PwC Hong Kong partner and head of digital assets, announced plans to establish five task forces this August, focusing on important areas of blockchain development: stablecoins, fund management, virtual asset trading platforms (VATP), legal and compliance, and custody and over-the-counter trading.

ChainCatcher news, according to Protos, Bitcoin developer Peter Todd is formulating an unusual punitive measure against those who oppose his upcoming changes to the Bitcoin network. Todd insists that the default memory pool of Bitcoin Core should be able to accommodate a large amount of enterprise data storage and information unrelated to the movement on the Bitcoin (BTC) chain. However, those who dislike Todd have created so-called "garbage man" software to punish Libre Relay node operators who propagate such large transactions.Todd is developing countermeasures to protect his software. He hopes that Bitcoin node operators can disconnect from "garbage man" nodes and reliably estimate whether a node is running this "garbage man" attack through complex mathematics and code.

ChainCatcher news, according to the token unlocking data from the crypto asset data platform RootData, Arbitrum / Offchain Labs (ARB) will unlock approximately 12.353 million tokens at 9:00 AM Beijing time on June 16, worth about 42.1 million USD.

ChainCatcher news, according to Cryptotimes, SolarBank Corporation announced that it will follow Michael Saylor's strategy and plans to incorporate Bitcoin into its financial reserves. The company has applied to open a Coinbase Prime account for the secure storage of Bitcoin, aiming to hedge against inflation and currency devaluation risks, while attracting investors interested in cryptocurrencies and DeFi.As a developer of solar and battery storage projects in North America, SolarBank stated that it can leverage clean energy to mitigate the environmental burden of Bitcoin mining. Currently, the company has not purchased any Bitcoin, and future purchases will depend on market conditions, Bitcoin prices, and the company's cash flow. SolarBank emphasized that its primary business focus remains on the construction and operation of renewable energy projects.

ChainCatcher message, according to Lookonchain monitoring, James Wynn has just unstaked 126,116 HYPE (worth 4.12 million USD) and sold it at an average price of 32.7 USD, withdrawing all of it back to Arbitrum.James Wynn initially bought these HYPE on May 9 and May 12 at an average price of 24.4 USD, making a profit of 1.05 million USD.

ChainCatcher news, according to DefiLlama data, the net inflow of funds to the Base cross-chain bridge reached 47.92 million dollars in the past week, followed by Arbitrum and Mantle, with net inflows of 23.23 million dollars and 14.97 million dollars, respectively.Ethereum, Bera, and Sei experienced net outflows of 716 million dollars, 73.86 million dollars, and 22.26 million dollars, respectively.

ChainCatcher news, the Ethereum Layer 2 network Arbitrum officially announced the launch of the gas fee sponsorship program "ArbiFuel," aimed at helping early teams deliver faster, test freely, and not worry about gas fee expenditures. Initially, ArbiFuel will last for three months, from May 30, 2025, to August 30, 2025, and will be open to eligible Arbitrum development teams.

ChainCatcher news, according to FinanceFeeds, the Chicago Mercantile Exchange Group (CME Group) and CF Benchmarks announced the launch of reference rates and real-time indices for four types of crypto assets: Arbitrum, Ondo, NEAR, and Sui, on June 2, 2025. This expansion allows the CME CF benchmark index system to cover over 96% of the investable cryptocurrency market capitalization. The new reference rates will be published once daily at 16:00 London time in USD, with Ondo and Sui providing additional quotes at 16:00 New York time; the real-time indices will be updated every second throughout the year.The benchmark data is aggregated from at least two partner exchanges, including Bitstamp and Coinbase. Giovanni Vicioso, Global Head of CME Cryptocurrency Products, stated that the new benchmarks provide institutional investors with transparent pricing tools to assist in portfolio valuation and structured product creation. Sui Chung, CEO of CF Benchmarks, pointed out that these new indices, which follow the same methodology as the Bitcoin Reference Rate (BRR), will meet the compliance requirements for accuracy and transparency demanded by traditional financial institutions.Currently, the CME CF benchmark index covers 28 crypto assets, providing pricing support for over $40 billion in regulated crypto products. The inclusion of layer one networks and DeFi-related tokens further promotes the integration of this emerging asset class into institutional-grade infrastructure.

ChainCatcher news, according to official sources, OKX's smart arbitrage has completed a significant upgrade. Users can now stack staking rewards for SOL and ETH while activating smart arbitrage strategies. In addition, OKX has launched limited-time interest rate coupons for SOL and ETH, allowing users to achieve a triple stacking of annualized returns from arbitrage, staking rewards, and interest rate coupons, further enhancing capital utilization and annualized returns.It is reported that the smart arbitrage strategy is a method aimed at obtaining stable returns by hedging against market price fluctuations. Its core principle is to use a Delta neutral strategy by holding positions in the spot market and the futures market that are opposite in direction and equal in size, thereby hedging the risk of price changes.

ChainCatcher news, Galxe officially launches a new community growth platform "Starboard," attracting over 20 projects including Plume, 0G, and Dango, with a total of over $5 million in reward funds. Plume provides $450,000, Dango allocates 1% of its token supply, and 0G contributes over $100,000. Starboard utilizes on-chain and off-chain data analysis to help projects identify high-value users and improve incentive efficiency. Galxe co-founder Charles Wayn stated that Starboard will reshape the way Web3 communities are built and drive the industry into a new phase.

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, a giant whale/institutional address bought back 30,000 ETH through Wintermute OTC 6 hours ago, with a purchase price of $2,513, totaling approximately $75.39 million USDC.This address had previously sold the same amount of ETH on May 22 at a unit price of $2,621, realizing a profit of about $23.73 million (+43%). This round of low-position replenishment allowed it to achieve an additional arbitrage of $3.24 million between the two trades.

ChainCatcher news, according to Decrypt, Zug, Switzerland - The privacy communication application Session has announced the completion of its migration to the Arbitrum network and the official launch of its native token SESH.It is reported that the SESH token will be used to incentivize the DePIN network, which consists of over 2,000 nodes, ensuring the security of message storage and routing. According to official disclosures, the maximum supply of SESH tokens is 240 million, with 80 million unlocked at the initial issuance. Node operators are required to stake 25,000 SESH tokens to participate in network maintenance.At the same time, the project has received support from the Arbitrum Foundation, deploying its core functions on the Arbitrum One chain. Session uses onion routing technology to protect user privacy and plans to introduce features supporting high-quality voice and video calls in the future. Currently, the project is managed by the Swiss Session Technology Foundation.

ChainCatcher news, according to DefiLlama data, the net inflow of funds to the Arbitrum cross-chain bridge in the past 7 days reached $496 million, ranking first among all public chains. Following are Ethereum and OP, with net inflows of $56.79 million and $50.80 million, respectively.Bera, Sei, and Unichain experienced net outflows of $201 million, $31.29 million, and $28.35 million, respectively.

ChainCatcher news, Binance CEO Richard Teng posted on the X platform stating that currencies should not be arbitrarily issued, controlled by a few individuals, or restricted across borders. Cryptocurrencies can solve these issues, and we are still in the early stages.

ChainCatcher news, according to Cointelegraph, Bitcoin enters its fifth era after the 2024 block reward halving, with the single block reward decreasing from 6.25 BTC to 3.125 BTC. Mining companies are responding to profit pressures through hardware upgrades, energy optimization, and regional migration. By May 1, 2025, the total network hash rate is expected to reach 831 EH/s, a 77% increase from the 2024 low of 519 EH/s, with a peak rising to 921 EH/s.The iteration of mining machines accelerates the energy efficiency competition, with Bitmain's Antminer S21+ achieving a hash rate of 216 TH/s and an energy consumption ratio of 16.5 J/TH, while MicroBT's immersion mining machine WhatsMiner M66S+ reduces energy consumption to 17 J/TH. TSMC and Samsung have already adopted 3-nanometer chip technology, with 2-nanometer processes soon to be implemented, driving continuous improvements in mining machine efficiency.Energy costs dominate the survival of mining companies, with the network difficulty rising to a historical high of 123T, and daily earnings per TH/s (Hashprice) dropping from $0.12 in April 2024 to $0.049 in the same period of 2025. The Omani government subsidizes electricity prices to maintain $0.05--$0.07 per kilowatt-hour, while semi-official projects in the UAE have electricity prices as low as $0.035--$0.045 per kilowatt-hour, attracting institutional-level mining operations. In the U.S., industrial electricity prices exceed $0.1 per kilowatt-hour, forcing mining companies to migrate to low-cost energy regions in Africa, the Middle East, and Central Asia.A Cointelegraph research report indicates that the growing demand for AI computing power, global regulatory adjustments, and breakthroughs in hardware technology will continue to impact the industry landscape over the next 12 to 18 months. Efficiency optimization has become a survival necessity, with only leading mining companies able to maintain competitiveness through energy arbitrage and equipment upgrades, while sovereign nations adopt strategies alongside institutional entry or reshape Bitcoin's position in the global financial system.

ChainCatcher news, First Digital Labs announced on social media that the stablecoin FDUSD will soon support the Arbitrum network.This is its fifth supported chain after Ethereum, BNB Chain, Sui, and Solana.

ChainCatcher news, according to DefiLlama data, the net inflow of funds to the Arbitrum cross-chain bridge in the past 7 days reached $1.9 billion, ranking first among all public chains. Following are Ethereum and Flare, with net inflows of $166 million and $108 million, respectively.Berachain, Avalanche, and Solana experienced net outflows of $1.078 billion, $168 million, and $143 million, respectively.