ChainCatcher news, according to official information, Sophon has announced the launch of a new reward system, Sophon Reward Agent, powered by AI and combined with zkTLS (Web proof) technology, aimed at incentivizing the most valuable community content on the X platform.Users only need to post high-quality content related to @sophon on X (all replies to @sophon official posts and all original posts with @sophon) to have the chance to be recognized and receive daily USN rewards. The claiming process does not require the disclosure of private information, and verification is supported by Reclaim's zkTLS technology, ensuring data security.This system demonstrates a privacy bridge between Web2 behaviors and Web3 values, and marks the first implementation of zkTLS in consumer-grade scenarios.

ChainCatcher news, Cygnus officially released the project report for April 2025. In the past month, Cygnus's total value locked (TVL) has grown by over 20% again, achieving a cumulative growth of 500% over the past six months, rising from $200 million to over $1 billion. During this period, Cygnus has engaged in deep collaborations with several important partners, including HashKey Cloud, Lorenzo Protocol, B² Network, and Sky Ecosystem.In addition, to encourage multidimensional community contributions (including development, content creation, community operation, etc.), Cygnus has launched a community contribution airdrop evaluation system to achieve fair airdrop distribution.As the first Web3 Instagram application layer, Cygnus InstaPlay also set a historical high of 908 million visits in March.Cygnus is the Web3 Instagram application layer and modular real yield layer, which is bringing over 2 billion Instagram users into Web3. It has pioneered the rapidly growing Cygnus InstaPlay Hub and continues to expand into the creator economy, data ownership, and AI integration fields. Currently, the user base of the Instagram application layer has surpassed 7.3 million, with daily active users (DAU) exceeding 1 million.

ChainCatcher message, Radiant DAO community released a proposal for "Compensation for Infinite Approval Vulnerability Losses". The proposal includes compensation for user losses due to the vulnerability on October 16, 2024 (involving Arbitrum and BNB Chain), with losses of 7.7 million dollars in 2024 and 1.2 million dollars in the first quarter of 2025.Compensation will be issued in stablecoins, with a 30% discount on 2024 losses and a 60% discount on 2025 losses, with priority lower than depositor compensation (RFP-47). The community needs to vote to decide the source of funds, with options including shared responsibility between the DAO and partners or no compensation.

ChainCatcher news, according to a post by the wealth management company Swissblock, although the price of Bitcoin has risen back above $100,000, the market is not in a hurry to sell, and the selling pressure is very low. The market is waiting for better exit opportunities. This indicates that there is still more room for growth in the future.

ChainCatcher message, on May 10th at the HK Web3 Club event, HK Web3 Club curator Vango introduced the core value composition of the platform, emphasizing the creation of an efficient and diverse KOL collaboration ecosystem through cross-border financial resource integration and COPX platform technical support. He stated that HK Web3 Club is committed to connecting financial resources in the Web3 and Web2 fields, providing KOLs with cross-border collaboration and content monetization opportunities; at the same time, relying on the COPX technology platform to achieve task order system matching, transparent and controllable transaction processes, and automatic revenue distribution, enhancing KOL commercialization efficiency.In addition, HK Web3 Club has also built a membership-based high-quality community system, enhancing KOL community participation and stickiness through refined stratification and brand influence incentives; and has established cooperation channels with various resource parties such as brand merchants and Web3 project parties, providing more high-quality collaboration opportunities for KOLs within the ecosystem.

ChainCatcher news, according to the official X account of Aevo, the Aevo governance proposal AGP-2 has been approved by the community, and the monthly on-chain buyback plan will be restored. According to the proposal, AEVO token holders will vote to decide to restart the on-chain token buyback mechanism that occurs monthly. Aevo expressed gratitude in the announcement to all participants and voters for their support of the AGP-2 proposal.

ChainCatcher news, U.S. Treasury Secretary Scott Bessent posted on social platform X that the U.S. Senate failed to advance the "GENIUS Act," which is a "missed intergenerational opportunity to expand the dominance of the dollar and the influence of financial innovation."He warned that in the absence of a unified federal regulatory framework, stablecoins will develop amidst fragmented state regulations, which is detrimental to the U.S. maintaining its global leadership and may push digital asset innovation overseas.

ChainCatcher message, encrypted KOL @Xuegaogx disclosed that the t3rn script released by KOL @hao3313076 is suspected to have backdoor risks. Combining the private key input call logic, it can silently send user private keys via the Telegram API to the account with ID 5963704377. This function disguises its true behavior by masquerading as a configuration record log output, with the actual content containing plaintext private keys.

ChainCatcher news, from May 2 to May 5, the "Build with AI" hackathon hosted by Google Developer Group (GDG) was held at Constructor University. Bitget participated as a sponsor to discuss the potential integration of Web3 and AI. During the three-day event, participants used Google development tools to build AI-based models and product prototypes, showcasing their technological innovation capabilities and practical achievements.In previous news, Bitget launched a campus recruitment program as part of Bitget's "Blockchain4Youth" corporate social responsibility (CSR) initiative, targeting top universities worldwide to select outstanding graduates with an international perspective, innovative thinking, and a spirit of exploration, aiming to cultivate more potential new generation talents in the Web3 field.

ChainCatcher message, community user @oliversgriff disclosed that the OX.FUN platform may increase its original total supply of approximately 4 billion OX tokens to nearly 9.8 billion without any announcement. This change has been confirmed by the official dashboard and Etherscan data, and the project team has not provided any public explanation to date. Currently, the OX price has not experienced significant fluctuations, but the market capitalization has surged from less than 5 million dollars to about 17 million dollars.

ChainCatcher news, according to Protos, after the reported suicide of Zerebro co-founder Jeffy Yu, his address remains active and has transferred a large amount of cryptocurrency. X user and cryptocurrency commentator @RepeatAfterVee revealed that the address (G5sjgjPdFdoz7hRa49yDobeSdqMooCmDwsCUERqLTfyr) is still "dumping ZEREBRO," and subsequently transferred USDC to HTX exchange, with the funds later flowing to another address owned by Jeffy that created the LLJeffy token.The only website that seems to confirm his death has been questioned for its authenticity; this paid publishing site has a Trustpilot rating of only 1.3 stars. Cryptocurrency detective users like dethective and others on X are skeptical about the authenticity of his death, suggesting that "faking death" could be a strategy to escape a scam.

ChainCatcher message, the Aave community proposes the ARFC proposal "Deploying Aave V3 on the Aptos mainnet." The proposal includes deploying Aave V3 on the Aptos mainnet and enhancing the efficiency, accessibility, and resilience of the Aave V3 protocol through Aptos, enabling Aave to serve a broader audience.

ChainCatcher news, according to CoinDesk, Chainlink is launching a new community rewards program to incentivize users to participate in its ecosystem. The first round of rewards will be distributed in tokens by the decentralized data platform Space and Time (SXT).The program is called Chainlink Rewards, allowing projects based on the Chainlink network to distribute rewards to eligible node operators and community members in recognition of their contributions to network security.Space and Time has allocated a total of 4% of its SXT token supply (i.e., 200 million tokens) to participants in the Chainlink ecosystem, including LINK stakers. A total of 100 million SXT tokens will be available for claim starting May 8, for eligible historical and current LINK stakers.Chainlink Rewards is expected to expand over time, with more Build partners potentially participating in future reward seasons. While the token distribution will be determined individually by each project, the overall goal of this program is to create new incentives for users to stake LINK and engage more actively in the Chainlink network.

According to ChainCatcher, The Block reported that the Sky core governance design team Atlas Axis submitted a proposal on Wednesday, which, if approved, will complete the upgrade of the protocol from MKR to SKY. This change will make SKY the sole governance token of the protocol and enable staking features, providing USDS rewards for SKY holders.According to the proposal, existing MKR holders can upgrade to SKY at a fixed ratio of 1 MKR:24,000 SKY. Like MKR, SKY allows holders to vote on governance proposals for the Sky ecosystem or delegate their votes.To encourage timely migration, starting from September 18, converting MKR to SKY will incur a 1% penalty, which will increase by 1% every three months thereafter. Governance will transparently manage these penalties, aiming to reward early adopters and support long-term stability.If approved, the proposal could be activated within weeks, and SKY will inherit the governance voting rights previously held by MKR, marking an important turning point in the development of the Maker/Sky ecosystem.

ChainCatcher message, the Eigen Foundation has released the 2025 community funding strategy, which will allocate 40 million EIGEN tokens and distribute funds quarterly to promote the development of the ecosystem.Previously, the Eigen Foundation allocated 15% of the initial total supply to the EigenLayer community program, such as incentive programs and grants for users, developers, and community contributors. The Eigen Foundation will be responsible for deploying these grants for the EigenLayer community.

ChainCatcher news, according to Cointelegraph, Ethereum community members Kevin Owocki and Devansh Mehta proposed a dynamic fee structure for the Ethereum application layer on April 27, aiming to balance the fairness between revenue generation for application developers and fee extraction.The proposal uses a square root function to calculate the fee ratio, charging a higher percentage when the fund pool is smaller, with a fee cap of 1% when exceeding $10 million, to support application developers and encourage project growth.The proposal by Owocki and Mehta to balance the income and profitability of Ethereum application developers reflects the growing calls for reforming the fee structure and value accumulation mechanisms to maintain Ethereum's economic viability relative to competing networks.