BTC $76,754.82 -1.77%
ETH $2,448.94 -0.60%
BNB $711.83 -1.08%
XRP $1.34 -3.22%
SOL $98.75 -2.03%
TRX $0.3404 +0.37%
DOGE $0.0830 -2.70%
ADA $0.2061 -1.97%
BCH $225.39 -10.19%
LINK $11.45 -2.26%
HYPE $78.89 -5.16%
AAVE $121.67 -1.77%
SUI $0.7316 -4.42%
XLM $0.1750 -2.26%
ZEC $1,075.24 -12.66%
BTC $76,754.82 -1.77%
ETH $2,448.94 -0.60%
BNB $711.83 -1.08%
XRP $1.34 -3.22%
SOL $98.75 -2.03%
TRX $0.3404 +0.37%
DOGE $0.0830 -2.70%
ADA $0.2061 -1.97%
BCH $225.39 -10.19%
LINK $11.45 -2.26%
HYPE $78.89 -5.16%
AAVE $121.67 -1.77%
SUI $0.7316 -4.42%
XLM $0.1750 -2.26%
ZEC $1,075.24 -12.66%

edu

All
Article
Flash

first_img Catastrophe bonds are set to go on-chain, with the first tokenization issuance test scheduled for 2027

The law firm Harneys and the tokenization platform droppRWA plan to issue the first catastrophe bond that directly records ownership on the blockchain, with the first trading target set for early 2027. This structure will make the blockchain a legally enforceable record of ownership, with investor registration, qualification review, and payment processes all placed within the same system, reducing reconciliation time from several days to seconds, provided that the necessary regulatory approvals are obtained.The catastrophe bond market is a $65.6 billion market that allows insurance companies, reinsurance companies, and government agencies to transfer natural disaster exposure to capital market investors. The tokenized asset market has nearly tripled in the past year to over $33 billion, and Citigroup expects this sector to reach $5.5 trillion by 2030. The second quarter of 2026 is projected to be the largest quarter in catastrophe bond issuance history, with 48 transactions issuing a total of $11.3 billion, and the Bermuda Stock Exchange accounted for 93% of global catastrophe bond issuance in 2025.To lower the investment threshold, investors will not directly purchase catastrophe bond notes, which typically have a minimum denomination of $250,000, but instead purchase beneficial interests in vehicles that hold the bonds and pass through the returns, with the minimum investment amount expected to drop to $5,000. The project is still subject to applicable regulatory requirements and approvals, and any platform administrator role must be licensed under Bermuda's Digital Asset Business Act 2018.

first_img Solana fees hit a record high, SGP-0002 inflation reduction proposal approved

The revenue from fees priced in SOL on Solana reached a seven-day average of nearly 9,200 SOL on August 27, an increase of over 80% compared to three months ago; the non-voting transaction volume also set a new seven-day high of 191 million transactions, compared to only 88 million transactions a year ago. Jito validator tips averaged 2,073 SOL daily over the past week, a 26% increase week-on-week, directly reflecting the increase in on-chain activity.Meanwhile, the SGP-0002 "Dual Deflation" proposal passed last Friday with just over 67% support (the threshold was 66.67%), with a voting participation rate of 60.7%, covering 1,326 validators, setting a historical high for governance participation on the Solana chain. This proposal will double the annual deflation rate from 15% to 30%, expected to reduce the planned issuance by approximately 18.9 million SOL over six years.This means that the new SOL supply entering the market each year will decrease, and the rewards for validators completing the same amount of work will also decline. Staking rewards will drop from about 5.25% to 2.25% in the third year, which will squeeze validators that rely on inflation revenue rather than transaction fees, and many validators may face losses within three years. However, this impact will mainly affect small independent operators, and ordinary users are not expected to experience significant changes in the speed and costs of using the Solana network.

first_img The Fogo mainnet has been down for 46 hours due to the theft of 400 million FOGO, with no scheduled restart time

According to The Defiant, the Fogo mainnet has stopped producing blocks for about 46 hours since Saturday afternoon due to an attack on the Fogo Foundation, resulting in 4 million FOGO tokens (approximately 10.3% of the circulating supply) being transferred to the attacker's address. The foundation initially stated that the chain itself was unaffected, but 15 hours later, the network was actively paused, and plans were made to restrict the related addresses through an upgrade. Currently, the Fogo official explorer shows the last block as 718,525,971, and the RPC endpoint returns a 502 error, while the on-chain TVL tracked by DefiLlama has been frozen at $987,000 for three consecutive days.This downtime is attributed to Fogo's validator design: the chain is managed by a council of 7 voting validators, with the foundation staking evenly among 7 operators, allowing for coordination to pause and implement a client-level address blacklist within minutes. On the exchange side, both KuCoin and Gate have disabled FOGO deposits and withdrawals but retained trading, with a 24-hour spot trading volume of approximately $2.3 million. Meanwhile, a Twitter account impersonating the Fogo Foundation, @FcgoFNDN, posted a false compensation voting link, and Fogo officials reminded users to rely only on information from official channels.Fogo is the second network to actively pause over the weekend, following Cronos, which rolled back its state due to an attack on the Tectonic lending protocol. Fogo raised approximately $7 million by selling 2% of its supply through Binance before launching its mainnet in January, with a valuation of $350 million. The foundation has not yet disclosed details of the attack, compensation plans, or a restart timeline.
app_icon
ChainCatcher Building the Web3 world with innovations.