ChainCatcher news, according to Jinshi Data reports, here are the key points the market will focus on in the coming week (all times are in Beijing time):Monday 08:00, Federal Reserve Governor Waller will speak on the economic outlook at the 2025 Bank of Korea International Conference;Tuesday 00:45, 2025 FOMC voter and Chicago Fed President Goolsbee will participate in a Q&A session;Tuesday 01:00, Federal Reserve Chairman Powell will deliver opening remarks at an event;Wednesday 00:45, 2025 FOMC voter and Chicago Fed President Goolsbee will participate in a Q&A session;Wednesday 20:30, 2027 FOMC voter and Atlanta Fed President Bostic, along with Federal Reserve Governor Lisa Cook, will attend the "Fed Listens" event;Thursday 02:00, the Federal Reserve will release the Beige Book on economic conditions;Friday 00:00, Federal Reserve Governor Cook will speak at the New York Economic Club;Friday 01:30, 2026 FOMC voter and Philadelphia Fed President Harker will speak on the economic outlook;Friday 20:30, the U.S. will announce the May unemployment rate, the seasonally adjusted non-farm payrolls for May, and the year-on-year/month-on-month data for average hourly earnings in May.

ChainCatcher news, according to Bloomberg, New York City Comptroller Brad Lander has rejected Mayor Eric Adams' proposal to issue Bitcoin-backed municipal bonds. Brad Lander, who is responsible for bond issuance alongside the Mayor's Office of Management and Budget, stated that New York City will not issue Bitcoin-backed bonds during his tenure. "The stability of cryptocurrencies is insufficient to fund our city's infrastructure, affordable housing, or schools." "Proposing to open New York City's capital planning to cryptocurrencies could expose our city to new risks and undermine bond buyers' trust in our city." Brad Lander is a Democrat and the successor in the November election for Mayor Eric Adams. Eric Adams is currently running as an independent candidate.

ChainCatcher news, Block's payment company Square launched a Bitcoin payment pilot on May 28 during the Bitcoin 2025 conference in Las Vegas. Attendees can complete real-time settlements using the Lightning Network by scanning a barcode, with the exchange rate automatically calculated by the Square system. This feature will be available to all customers in 2026, pending regulatory approval.Miles Suter, Bitcoin product lead at Square's parent company Block, stated that this initiative aims to provide merchants with an open, decentralized, low-cost payment solution. The current Bitcoin price is $108,877.70, and the pilot will last for three days.

ChainCatcher news, according to Cointelegraph, Web3 infrastructure service provider Asphere (Ankr's enterprise division) announced a partnership with the Web3 Foundation to launch a no-code Rollup deployment framework based on the Polkadot SDK. Developers can customize and launch high-performance, interoperable dedicated Rollup chains in minutes through a visual interface. The solution offers ready-to-use templates such as general Rollups and Ethereum-compatible Rollups, supporting custom token economic models, governance mechanisms, and staking modules, all managed by Asphere's fully hosted node operations and compliance framework.David Hawig, head of ecosystem development at the Web3 Foundation, stated that the collaboration aims to unlock the potential of the Polkadot technology stack, allowing developers to focus on product innovation through native interoperability and shared security. Tyler Sloan, head of business at Asphere, pointed out that the no-code deployer will lower the barriers to protocol development, enabling both enterprises and individuals to build customized application chains and seamlessly integrate into the Polkadot multi-chain ecosystem.The solution supports independent Rollups, system-level Rollups, and dedicated chains for vertical scenarios such as DeFi and gaming, providing 24/7 operational monitoring and modular upgrade control. The parallel transaction processing architecture of Polkadot, combined with Asphere's infrastructure, can provide scalability support for scenarios with high concurrency and low fee requirements.

ChainCatcher news, on May 15th Eastern Time, the Bitcoin native ZK Rollup project GOAT Network officially launched the GOAT BitVM2 testnet, becoming the world's first online BitVM2 testnet, achieving the transition from white paper to testnet within a week, marking the accelerated advancement of Bitcoin L2 practicality.GOAT BitVM2 has compressed the challenge period from the original 14 days to less than 1 day, making it the most powerful and closest to real deployment BitVM2 architecture currently available. Its architecture integrates zkMIPS zero-knowledge proofs, decentralized sorters, and a multi-round random challenge reward mechanism, forming a complete Bitcoin native ZK Rollup solution.The code is fully open source, and the testnet is fully accessible, allowing developers to participate in staking, challenging, and bridging operations, with the recruitment of challenge nodes starting simultaneously.The core team of GOAT Network stated: "Without a practical incentive mechanism, no matter how strong the security is, it cannot be realized. BitVM2 is just the starting point, and we hope to truly bring Bitcoin into a usable and scalable Layer2 era through the practice of GOAT BitVM2."

ChainCatcher news, the modular AI verification network Mira Network has announced the launch of a 10-week content creation campaign "Voice of the Realm," with a total prize pool of $15,000 USDC, aimed at incentivizing creators to spread its decentralized AI verification technology. At the same time, the platform released the AI assistant tool Mira Scrolls, which helps creators efficiently produce content. The details of the campaign include:Campaign Mechanism and Reward DistributionMain Crusade: A total prize pool of $10,000 USDC, distributed based on content impact ranking, with the highest single creator eligible for $1,000. Participants ranked 51-200 will receive a node license worth $35.Weekly Tasks: A weekly prize pool of $500 USDC will be provided, with the top three and 10 honorable mentions selected around specific themes.AI Assistant Mira ScrollsThis tool is customized based on Mira technology, supporting creators in obtaining key information about project technology, economic models, partners, etc., in real-time, and providing content verification features. Users can use it by following these steps:Access the Mira Scrolls demo (the final version will be launched);Enter questions (such as "How does Mira prevent AI hallucinations?" "Latest partner information," etc.);Generate content and reference key points of Mira technology.Participation ProcessContent Creation: Formats include blogs, videos, infographics, MEMEs, etc., which must be published on social media and tagged @mira_network;Submission for Review: Submit the work link through the #content channel on Mira Discord;Additional Incentives: Winners will receive an exclusive Discord role.Mira Network states that this campaign aims to promote the adoption of its "decentralized AI truth layer" technology through community creation, addressing issues like AI hallucinations (such as fabricated data, false citations), and ultimately building a trustworthy AI verification ecosystem.

ChainCatcher news, according to CoinDesk, the Office of the Comptroller of the Currency (OCC) continues to change its previous opposition to the application of cryptocurrencies in the banking industry, issuing an explanatory letter stating that banks can buy and sell the crypto assets they custody at the request of customers.The latest policy statement released by the OCC on Wednesday also clearly states that banks can outsource crypto business to third parties, including custody and execution services. As long as these activities meet the safety and soundness requirements of regulators, the OCC will grant banks more freedom in cryptocurrency.

ChainCatcher news, Vitalik Buterin published a blog post detailing the evolution strategy of the Ethereum Rollup security model. The model is divided into three phases: Phase 0 (complete control by the security committee), Phase 1 (requires 75% approval from security committee members to intervene), and Phase 2 (the security committee can only intervene in the event of a provable vulnerability).Vitalik explains through mathematical modeling that, considering each security committee member has a 10% "failure" probability, the Layer 2 network should start deployment directly from Phase 1, rather than remaining in Phase 0. At the same time, he also points out that it is not advisable to jump to Phase 2 too early, suggesting that the security of the underlying proof system should be prioritized. He recommends that data providers (such as L2beat) should demonstrate the audit and maturity indicators of the proof system.

ChainCatcher news, according to the official announcement, OpenAI has announced a restructuring, abandoning its previous plan to reorganize as a for-profit company, and will continue to be controlled by a non-profit organization, while its for-profit entity will transform into a "Public Benefit Corporation" (PBC).OpenAI was founded in 2015 as a non-profit organization but transitioned to a limited-profit organization in 2019 and attempted to transition again to a for-profit organization. After the transition to limited-profit, OpenAI retained its non-profit division, which currently holds a controlling stake in OpenAI's corporate division. OpenAI board chair Bret Taylor and CEO Sam Altman stated that this move aims to ensure that AI development benefits all of humanity while enhancing the ability to mobilize funds to meet the enormous computational resources required in the era of AGI.

ChainCatcher news, Unichain announced that it has implemented a block construction mechanism based on TEE (Trusted Execution Environment), becoming the first L2 network to adopt this approach. This design enables transaction priority ordering, MEV protection, and transaction rollback protection, and supports future verifiable block features.Unichain stated that the traditional Rollup sorting mechanism is usually an offline operation, making it difficult to audit, while its TEE sorting system can publicly prove the transaction order, reducing MEV value loss. In addition, the rollback protection mechanism will prevent users from losing Gas in failed transactions, enhancing price accuracy and block space utilization efficiency. The aforementioned features are supported by Rollup-Boost, developed in collaboration with Uniswap Labs and Flashbots.

ChainCatcher message, "Fed's mouthpiece" Nick Timiraos stated that the employment report for April makes the possibility of a rate cut in June less likely (although June is still far away), as there will only be one more employment report before then. For now, this means the Fed does not have to make any comments about the June meeting next week.

ChainCatcher news, according to CME's "FedWatch": The probability of the Federal Reserve keeping interest rates unchanged in May is 99.4% (up from 95.3% before the non-farm payroll data release), and the probability of a 25 basis point rate cut is 0.6%.The probability of the Federal Reserve maintaining interest rates unchanged until June is 53.8%, the cumulative probability of a 25 basis point rate cut is 45.9%, and the cumulative probability of a 50 basis point rate cut is 0.3%.Lindsay Rosner, Head of Multi-Sector Fixed Income Investments at Goldman Sachs Asset Management, stated that at this moment, robust labor market data provides the Federal Reserve with the space for patience. However, as the forward-looking outlook deteriorates, today's data feels somewhat retrospective, and the risk of economic weakness potentially leading the Federal Reserve to resume its easing cycle later this year still exists.

ChainCatcher news, according to Jinshi Data, the seasonally adjusted non-farm payrolls in the U.S. for April is 177,000, expected to be 130,000, and the previous value was revised from 228,000 to 185,000.

ChainCatcher news, ARK Invest released its latest market commentary stating that the U.S. economy has undergone a "rolling recession" for three years, and this phase may come to an end against the backdrop of weakening high-end consumption and government spending.ARK expects that in the next three to six months, as tariffs, taxes, regulations, and monetary policy become clearer, the U.S. economy will enter a recovery phase driven by productivity improvements, potentially initiating a broader and structurally healthier bull market.The report notes that current valuations of innovative assets are in the "deep value" range, with platforms such as artificial intelligence, robotics, energy storage, blockchain, and multi-omics being the main beneficiaries.

ChainCatcher news, Scroll's official post on X states that it has upgraded to meet Stage 1 standards of Zk-Rollup through the Euclid upgrade. The Euclid upgrade introduces a permissionless sequencer model, ensuring that the network remains active even if the sequencer fails.In addition, Scroll has established a diverse security council consisting of 12 members (with 75% voting approval, including 7 independent members) to provide security guarantees, while users can safely exit before the upgrade. In the future, Scroll plans to advance to Stage 2 through multi-proof systems and Zk+TEE technology.

ChainCatcher news, according to The Block, Base has implemented the first phase of Ethereum Rollup decentralization, launching a fault-proof mechanism and establishing a security council. Base developers stated that the network has reached the "first phase" of Vitalik Buterin's Rollup decentralization framework, making progress in reducing reliance on centralized participants.The Base team stated: "Base has achieved the first phase of decentralization, which is a key milestone in building an open global on-chain economy. This has been accomplished by launching permissionless fault-proof and enhancing the decentralization of the contract upgrade process through the security council."Base was launched in August 2023, developed using Optimism's OP Stack package, and has now become the largest Layer 2 rollup by TVL on Ethereum. Previously, Base was classified as a Stage 0 Rollup, mainly because it still relied on a centralized sequencer controlled by Coinbase, and its mainnet lacked fully operational permissionless fault-proof.

ChainCatcher news, Base has reached the "first phase" of Ethereum Rollup decentralization, launching a fault-proof mechanism and establishing a security council. Base developers stated that the network has achieved the "first phase" of Vitalik Buterin's Rollup decentralization framework, making progress in reducing reliance on centralized participants.The Base team stated: "Base has achieved the first phase of decentralization, which is a key milestone in building an open global on-chain economy. This has been accomplished by launching permissionless fault-proofing and enhancing the decentralization of the contract upgrade process through the security council."Launched in August 2023, Base was developed using Optimism's OP Stack package and has now become the largest Layer 2 rollup by TVL on Ethereum. Previously, Base was classified as a phase 0 Rollup, mainly because it still relied on a centralized sequencer controlled by Coinbase, and its mainnet lacked fully operational permissionless fault-proofing.