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ChainCatcher news, according to Japan's Asahi Shimbun on Tuesday, the ruling coalition in Japan may lose its majority seats in the House of Councillors election on July 20, which will exacerbate the risk of political instability as Japan strives to reach a trade agreement with the United States. The ruling Liberal Democratic Party (LDP) led by Prime Minister Shigeru Ishiba and its coalition partner Komeito are expected to win about 35 seats in Sunday’s election, below the 50 seats the LDP must retain to defend its majority.The report is based on telephone and online surveys conducted with voters from July 13 to 14, as well as nationwide surveys conducted by the reporter. Due to rising living costs, including a surge in the price of rice, a staple food in Japan, the support rate for the Ishiba government has declined. (Jin Shi)

ChainCatcher news, an Israeli official stated that the United States was aware of the planned operation at least a week ago.The official said that Israel and the United States are "continuously engaged" in this matter. The U.S. is working to rebuild regional alliances that previously helped Israel respond to Iran's earlier attacks. The official mentioned that Israel still expects some of Iran's missiles to breach defenses.

ChainCatcher news, according to Fortune magazine, stablecoin crypto startup Coala Pay has completed a $3.5 million seed round financing, led by Castle Island Ventures, with participation from Lattice Fund, Factor Capital, and the founders of the crypto charity platform The Giving Block. The company will use the funds from this round of financing to expand its team and hire employees with experience working for the United Nations and the U.S. government.The company is dedicated to connecting humanitarian aid organizations with potential donors. Coala Pay helps vet donors and local aid organizations, requiring both parties to provide detailed documentation to prove their legitimacy. Once both parties are whitelisted, they can access each other's documents as needed. Coala Pay does not sign physical contracts but creates smart contracts for stablecoin transactions and generates a token to store information and track the use of funds.

ChainCatcher news, according to DL News, Jackie Sawicky, the founder of the Texas Anti-Crypto Mining Coalition, announced the dissolution of this organization with 800 members, ending its three-year campaign against crypto mining. Sawicky stated that Trump's election as president and his pro-crypto policies would make this work more difficult.The coalition had protested multiple times against the pressure that Bitcoin mining companies put on the local power grid and water resources, as well as the substantial tax incentives they enjoyed. It is estimated that Bitcoin mining companies in Texas consume 2,600 megawatts of electricity, enough to power 2.6 million homes. Additionally, their high energy consumption and noise issues have also sparked dissatisfaction among environmental organizations and residents.Sawicky criticized that the Texas government attracts mining companies through cheap energy and policy incentives, exacerbating this phenomenon. She admitted, "Efforts have been completely undermined, and I am tired of the endless struggle."

ChainCatcher news, the modular real-world asset finance (RWAfi) blockchain project Plume Network announced on September 18 that it has successfully joined the Tokenized Asset Coalition (TAC). TAC selected 21 new members from over 175 applicants, including Plume Network, a16z, Arbitrum, Aptos, Galaxy Digital, Wisdom Tree, Axelar, and Hashnote, aiming to drive over $1 trillion in assets on-chain and promote the adoption of public blockchains, asset tokenization, and institutional DeFi.Plume Network stated that it will focus on driving over $3 billion in assets on-chain and continue to collaborate with industry leaders to enhance real-world asset tokenization, simplify regulatory processes, and promote decentralized finance innovation. The project has processed over $280 million in on-chain transactions during its testnet phase, attracting participation from over 18 million wallets.ChainCatcher previously reported that, according to The Block, the Layer 2 network Plume Network, focused on bringing real-world assets (RWA) on-chain, raised $10 million in a seed round led by Haun Ventures. Other participating investors include Galaxy Ventures, Superscrypt, A Capital, SV Angel, Portal Ventures, and Reciprocal Ventures.

ChainCatcher News, U.S. Senator Cynthia Lummis stated on Twitter that she is building a coalition in Congress to support cryptocurrency. It is reported that Lummis has long been a supporter of cryptocurrency and is committed to promoting legislation favorable to the cryptocurrency industry.

ChainCatcher news, according to CoinDesk, Nasdaq-listed coal mining company Alliance Resources stated in its earnings call that it has mined $30 million worth of Bitcoin using surplus electricity.The company's Chief Financial Officer mentioned that in the second half of 2020, the company began piloting Bitcoin mining, and by the end of this quarter, there were 425 Bitcoins on the company's balance sheet, valued at $30 million.

ChainCatcher news, according to Reuters, U.S. White House officials stated that a coalition of 40 countries led by the United States plans to sign a commitment to never pay ransoms to cybercriminals and is dedicated to eliminating the funding mechanisms for hackers. U.S. National Security Advisor Anne Neuberger stated that the U.S. has been hit the hardest so far, accounting for 46% of such attacks.Neuberger said that the coalition's new initiative aims to eliminate the funding sources for criminals by better sharing information about ransom payment accounts. Two information-sharing platforms will be created, one by Lithuania and the other jointly by Israel and the UAE. Partner countries will share a "blacklist" through the U.S. Treasury, which will include information about digital wallets used to transfer ransomware payments. Neuberger added that this work will utilize artificial intelligence to analyze the blockchain to identify illegal funds.