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According to Newtimes, the lower house of the Rwandan Parliament passed a virtual asset regulatory bill on May 5, aimed at regulating cryptocurrency trading, protecting investors, and maintaining the stability of the financial system.The bill stipulates that individuals operating virtual asset businesses without authorization will face 3 to 5 years of imprisonment and fines ranging from 30 million to 50 million Rwandan francs, while companies may be fined up to 100 million Rwandan francs. The Capital Market Authority will serve as the main regulatory body, working in conjunction with the National Bank of Rwanda for enforcement. The bill is pending presidential signature and will take effect after publication in the official gazette, with detailed implementation rules to be formulated after the law comes into effect.

In the past four years, Tether has collaborated with the city government of Lugano to promote the acceptance of BTC and USDT payments by over 400 local merchants through Plan ₿, embedding digital assets into everyday commerce and popularizing real-world payments. With Tether's strategic and technical support, Lugano has also introduced digital bond issuance and supports certain municipal digital asset payments, directly integrating blockchain into public financial infrastructure rather than limiting it to private sector use.Tether and the city of Lugano jointly commit to investing 5 million Swiss francs to advance the second phase of Plan ₿, positioning Lugano as a global digital infrastructure hub. From 2026 to 2030, Tether will provide infrastructure support to grant Lugano long-term digital sovereignty. Measures include building secure digital asset automated management infrastructure, developing Lugano into a hub for digital trade and goods processes, advancing sovereign and privacy-preserving digital identity systems, promoting a local artificial intelligence ecosystem and autonomous digital agents, and implementing distributed, modular, and resilient urban digital infrastructure to support the next generation of DeFi activities.

ChainCatcher news, according to market news, blockchain data analysis and digital asset recovery service provider Recoveries announced the completion of a 1 million Swiss franc strategic round of financing, led by VerifyVASP, with participation from a group of angel investors.The new funds are intended to accelerate the development of its AI-enhanced blockchain investigation management system that supports cross-chain investigations, aiming to streamline the digital asset recovery processes for global exchanges, banks, insurance companies, and law firms.

ChainCatcher news, the decentralized trading protocol Syncswap tweeted that the ZKsync governance proposal ZKsync Ignite will go live today. In the first round, over 1 million ZK will be distributed to SyncSwap liquidity providers within two weeks. The eligible pools include: ETH / ZK Classic, ETH / USDC.e Classic, ETH / ZK V3, ETH / USDC.e V3, ETH / wrsETH Aqua, ETH / wstETH Aqua, USDC - USDT Stable, USDC - USDC.e Stable, and MBTC - WBTC Stable. Rewards will be distributed by the Merkl platform, and users can track and claim them on the Merkl dashboard.

ChainCatcher news, South Korean gaming giant NCSoft achieved over 250 times return on its investment in SUI tokens in the first half of this year. In the first half of this year, NCSoft sold 16,908,112 SUI tokens at a price of 1,490 KRW (approximately 1.10 USD) each, generating a total revenue of 25.2 billion KRW (approximately 18.6 million USD). The initial investment was only 100 million KRW. Last year, NCSoft invested about 300 million KRW at a price of 6 KRW per token, purchasing 49,920,806 SUI tokens, most of which were locked. The remaining 32,921,536 tokens will be unlocked in May next year and May 2026.It is worth noting that in November 2022, NCSoft's U.S. subsidiary NC West invested 15 million USD in Sui's developer Mysten Labs.

ChainCatcher message, the decentralized trading platform SyncSwap based on ZKsync officially stated that the ZKsync airdrop will return 100% to the community. Please continue to follow related updates.

ChainCatcher news, the decentralized trading platform SyncSwap based on zkSync has officially launched the 404 Wrapper. This technology allows existing ERC721 non-fungible tokens (NFTs) to be wrapped into interchangeable 404 tokens, enabling instant trading on SyncSwap with lower transaction fees. LIBERTAS OMNIBUS is among the first NFT series to support the 404 Wrapper technology.SyncSwap stated that the 404 Wrapper, as a public product, provides completely permissionless and open-source wrapping and unwrapping services, without charging any fees. This initiative aims to enhance the liquidity of NFTs and expand their application potential in various scenarios.

ChainCatcher message, Solana game platform Aurory tweeted that the team discovered abnormal activity a few hours ago. A hacker exploited its market's purchase endpoint to increase their AURY balance in SyncSpace, resulting in the withdrawal of approximately 600,000 tokens to the Arbitrum network and selling them off in the Aurory market for cash.Currently, the team has shut down SyncSpace for maintenance, during which deposits or withdrawals of assets will not be possible. At present, there is no risk to user funds or NFTs. The withdrawn AURY came from a team wallet, which funded withdrawals for accounts that had not previously deposited AURY. SyncSpace is offline for maintenance, and there is currently no risk of further exploitation.The team will conduct a more in-depth investigation after completing the vulnerability fixes and investigation. SyncSpace is expected to be back online in the coming days, and a new Amber patch along with the "Seekers of Tokane" EOY event is planned to be announced within the next week.

ChainCatcher news, the Web3 Foundation announced that it will allocate 20 million Swiss francs and 5 million DOT tokens in 2024, aimed at supporting teams and individuals who wish to contribute to the success of Polkadot. More details about the launch date and how to apply for funding will be announced in the coming weeks.

ChainCatcher news, based on zkSync, DEX SyncSwap tweeted that the AMM SyncSwap Aqua Pool has been launched on the zkSync testnet and will be enabled on the mainnet after auditing.It is reported that the Aqua Pool features include concentrated liquidity, automatic rebalancing, reduced impermanent loss, and dynamic fees that increase APR, seamlessly integrated with SyncSwap AMM.

ChainCatcher news, KaratDAO posted that Karat has partnered with zkSyncstarter and transferred 206,000 KAT to the latter, expecting to receive the corresponding ETH as agreed. However, zkSyncstarter did not send the promised ETH, nor did it return Karat's KAT tokens. Meanwhile, KaratDAO stated that half of the funds raised in the zkSyncstarter IDO flowed to the same wallet address, questioning the legitimacy and integrity of the zkSyncstarter IDO funds.In addition, Karat indicated that zkSyncstarter's deceptive behavior is not an isolated incident, as the zk protocol zkHarvest and the non-custodial protocol MELD have also been deceived.

ChainCatcher news, Ayre Group has signed an agreement with BSV protocol developer nChain. This deal will be the largest corporate blockchain intellectual property investment to date, with a total investment of up to 500 million Swiss francs (approximately 570 million USD), including acquiring a controlling stake in the company, credit lines, and intellectual property licenses.nChain is the developer of Bitcoin SV node software and also develops blockchain software such as Teranode and LiteClient. Currently, the company holds nearly 800 technology patents, with over 3,000 patents pending approval.

ChainCatcher news, zkSync ecosystem DEX SyncSwap tweeted that Overnight.fi has successfully executed a rebase on the stablecoin USD+ on zkSync, and the USD+ protocol along with related liquidity pools have fully recovered and are operating normally.Previous report stated that the stablecoin USD+ issued by Overnight.fi was affected by the EraLend attack incident, and the team will adjust the token supply around 3 PM Beijing time today to restore the USD+ peg.

ChainCatcher message: The stablecoin USD+, issued by Overnight.fi, is affected by the attack incident on EraLend. The team will adjust the token supply around 15:00 Beijing time today to restore the USD+ peg. If users have USD+ liquidity on SyncSwap, they need to complete withdrawals before the token supply adjustment. The USD+ team will take snapshots for holders and liquidity providers to distribute the funds recovered from EraLend, but only those who withdraw will be included in the snapshot.In addition, SyncSwap stated that zkUSD and all other liquidity pools, such as BUSD, are not affected.

ChainCatcher news, the decentralized trading platform SyncSwap based on zkSync officially announced that the total trading volume of the platform has exceeded 2 billion dollars.In addition, SyncSwap has launched on the Ethereum Layer2 network Linea mainnet. (Source link)

ChainCatcher news, according to the official Twitter, SyncSwap has announced that it is now live on the Linea mainnet. (Source link)

ChainCatcher news, based on zkSync, DEX SyncSwap tweeted that the cross-chain bridge SyncSwap Move has officially launched. SyncSwap Move is the frontend of the official zkSync Era bridge, powered by ZK tech, and has the same security as the official bridge. When users approve or transfer using Move, they will interact directly with the official zkSync smart contracts.USDT and WBTC are the first batch of natively supported tokens by Move, and users can trade on SyncSwap. Move allows users to check withdrawals and claims without any additional fees, with gas costs the same as the zkSync official bridge. The bridged tokens are 100% zkSync native assets, with no third-party risk. (source link)

ChainCatcher message, according to the official SyncSwap Discord announcement, the SyncSwap website frontend is under attack, and the team is working hard to ensure its availability. If you encounter issues, please try clearing your cache.It is reported that several community users have previously stated that the SyncSwap page is inaccessible. (source link)

ChainCatcher message, the DEX project on zkSync SyncSwap Chinese account and its operators released information related to the project airdrop, mentioning that the airdrop and trading incentives are separate in the token allocation, with the airdrop share being 15% of the total amount. However, the official token economics document is currently restricted and cannot be viewed. Subsequently, the account stated that it would no longer update any tweets, meaning that this Chinese Twitter account has been abandoned.It is reported that SyncSwap was once listed in the "Weekly Hot Search Projects" released by the crypto data platform RootData. (Source link)