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Recently, the Beijing Shijingshan police successfully intercepted a new type of cross-border telecom fraud case, freezing 780,000 yuan in involved funds and returning it to the victims. In this case, 53-year-old Mr. Liu received a fraudulent call from abroad while accompanying his child studying overseas. The scammer impersonated domestic police, fabricated false allegations of money laundering, and induced him to urgently request money transfers from his family in China.The funds were subsequently transferred into the accounts of two other Chinese students studying abroad. Upon investigation, it was found that these three individuals were all victims of the same fraud gang, exhibiting characteristics of "multiple scams in one case, with victims serving as money laundering tools for each other." The scammers first transferred funds into the accounts of some victims, then coerced them into exchanging for U currency to assist in the transfer, which was highly concealed and involved complex cross-border links. The police successfully "awakened" the victims through patient persuasion, preventing greater losses.

Bitcoin Magazine posted on X that students from East Texas A&M University announced the construction of the first post-quantum secure solution for the Bitcoin Lightning Network.The Lightning Network is a second-layer payment network for Bitcoin, and post-quantum security generally refers to protective designs against potential vulnerabilities in existing cryptography posed by future quantum computing.

According to Decrypt, New York City Mayor Zohran Mamdani and Education Director Kamar Samuels announced a one-year ban on the use of generative AI for students from 2-K to eighth grade, starting from the 2026-27 school year, affecting nearly 600,000 students, about two-thirds of the city's enrollment. All generative AI software aimed at students is prohibited, and companion chatbots are banned across all grades, including high school.Mamdani stated that the tech industry wants people to view AI-driven early education as an inevitable and necessary trend, but the city government disagrees. He believes that children need teachers and interpersonal interaction to learn and grow. During the ban, New York City will study the impact of AI and tighten screen time: students in second grade and below will be limited to one-on-one device use, while grades three to five will have a daily limit of 30 minutes, and grades six to eight will have 45 minutes.Meanwhile, about 50,000 high school students (about 5%) will be allowed to use approved tools in up to five classes per school, including text analysis tool Quill, math tutoring platform Edia, Intel AI-Ready Schools, Brisk Teaching, and Playlab. Each high school student will also participate in two 45-minute AI literacy courses each year, covering AI fundamentals, bias, risks, ethics, and career impacts. Teachers may still use AI for lesson preparation and administrative work within safety standards, while assistive technology for students with disabilities, multilingual learners, and career preparation programs in computer science will be exempt.

Student Loan RWA Agreement Pencil Finance announced the completion of its first fully on-chain student loan cycle, deploying $1 million in funding as a lender, with borrowers having repaid both principal and interest to the funders of the asset package. This loan package was funded in July 2025 by Animoca Brands, Open Campus, and New Campus, and is structurally divided into fixed-income senior shares and floating-income junior shares that bear the risk of priority losses.This $1 million on-chain loan cycle provides financing for approximately 6,600 students across 118 schools and universities in Southeast Asia, with about 1,050 students receiving direct funding. Pencil Finance stated that these loans target student groups underserved by traditional financial institutions, with 50% of borrowing students being female and 93% coming from low-income families, claiming this is the first fully on-chain loan cycle to transparently record student loan financing on the blockchain.In addition, tokenized RWA is increasingly being used to issue loans or as collateral for loans. In July of this year, the Brazilian stock exchange B3 issued a loan of 100,000 Brazilian Reais (approximately $19,600) secured by 10 tokenized cows, each cow possessing a unique digital token linked to a crypto digital identity.

According to Jinshi reports, the United States is considering charging foreign students who wish to work after graduation a fee of $100,000.

According to official news, YZI Labs has launched the Atlas Scout Program to help college students support Web3, artificial intelligence, and biotechnology startups.Ella Zhang, head of YZi Labs, stated: "During recent meetings with founders, I was impressed by young entrepreneurs aged 16 to 18. In this AI-driven new era, the pace of learning and entrepreneurship is accelerating exponentially. We launched the Atlas Scout Program to empower the next generation of investors, allowing them not only to witness the future but also to identify, fund, and co-create it."It is reported that the Atlas Scout Program is a student-managed $1 million venture capital initiative that will support 5 to 10 top college students as investors, providing funding for founders in the fields of Web3, artificial intelligence, and biotechnology. Atlas Scouts will receive a global travel budget, rewards aligned with incentive mechanisms, and direct access to the ecosystem of over 300 portfolio projects under YZi Labs.

Bitget announced that its Blockchain4Youth (B4Y) educational program has completed a new round of Starlink satellite network deployment in remote island areas of the Philippines, bringing high-speed and stable internet access to six schools in Surigao del Norte, Siquijor, and Negros Oriental. This deployment has provided a reliable network environment for over 7,300 students and more than 100 teachers. For schools that have long relied on paper-based materials or have been hindered by unstable networks, this deployment allows them to truly depend on high-speed internet for teaching.

Recently, elementary school students encountered fraud while playing a game called "Egg Party." Criminal gangs impersonated "police" and falsely claimed that the game accounts were being used by criminals, luring victims to "cooperate with the investigation" and transfer money, with some amounts reaching tens of thousands.The People's Procuratorate of Fuyang District, Hangzhou, accused that the investigation found the fraud gang quickly converted the obtained funds into virtual currency and then laundered the money through on-chain transfers. Prosecutors remind that anyone claiming to be law enforcement and requesting transfers to so-called "safe accounts" is a fraud, and parents should strengthen anti-fraud education for minors.

ChainCatcher news, Bitget announced a partnership with the University of Zurich Blockchain Center, which ranks third globally in blockchain education. Bitget will sponsor the sixth International Summer Program "Deep Dive into Blockchain 2025," providing scholarships and career development opportunities for young students aspiring to enter the blockchain field.This scholarship program is part of Bitget's $10 million education initiative Blockchain4Youth (B4Y), aimed at making high-quality blockchain education more accessible to talented and passionate students, broadening their development paths. Up to 10 students who meet academic and financial aid criteria will receive full scholarships covering tuition, accommodation, local transportation, field visits, and cross-cultural exchange activities.The course will delve into blockchain from technical, legal, and economic perspectives, aiming to cultivate future talents with interdisciplinary vision. Bitget's Chief Operating Officer Vugar Usi Zade will also personally teach during the course, sharing cutting-edge practical experiences to promote the integration of academia and industry.

ChainCatcher news, according to Caixin, reported that around 6 PM Eastern Time on May 28, the U.S. State Department issued a statement saying that the State Department will collaborate with the Department of Homeland Security to begin revoking visas for Chinese students, including those studying in key fields.The statement also mentioned that the State Department will amend visa regulations to strengthen the review of all U.S. visa applications from China and Hong Kong. After the State Department released this statement, Secretary of State Rubio confirmed the news on social media. However, the State Department did not provide further details, such as which disciplines are considered "key fields" and the scale of Chinese students who may be affected.

ChainCatcher News, 19-year-old student Matthew D. Lane from Massachusetts pleaded guilty to federal hacking charges. Lane hacked into the systems of a major edtech company by stealing login credentials, compromising the personal information of over 60 million students and 10 million teachers, including sensitive data such as social security numbers, medical records, and academic grades.According to the indictment, Lane conspired with an accomplice from Illinois to extort approximately $2.85 million in cryptocurrency ransom from the victim company. Although the indictment does not name the company directly, the details of the case closely match the data breach incident disclosed by the education software company PowerSchool in September 2024. PowerSchool previously admitted to paying a ransom to the hackers but did not disclose the specific amount. The case is currently being heard in the federal district court in Massachusetts, and sentencing details have not yet been announced.

ChainCatcher news, according to Bitcoin Magazine, the Ministry of Education of El Salvador will collaborate with the Bitcoin Office to launch The Little HODLer project, which will offer financial education courses for students aged 7-13. The project is titled "What is Money?" and will initially pilot in 50 public schools in the La Libertad department, with approximately 1,000 students participating.The course will provide 3 hours of Bitcoin and financial education content each week, integrating it into the national social studies curriculum. Students will learn about the history of money, the basics of budgeting, saving, and other foundational financial knowledge, as well as the importance of Bitcoin as a financial innovation. This program is an extension of El Salvador's investment in Bitcoin education, which previously launched a Bitcoin diploma course for upper-grade students and the CUBO+ scholarship program for university students.

ChainCatcher news, Bybit co-founder and CEO Ben Zhou responded on the X platform to recent allegations of misconduct against Bybit.He stated that the claims of "promoting contract trading in schools," "reporting OKX wallets to the legal department," and "charging listing fees" have no evidence, calling these claims baseless rumors, and emphasized: "The crypto space is so chaotic because of rumors and lack of evidence."

ChainCatcher news, according to The Block, Students for Trump co-founder Ryan Fournier admitted in an X Space to selling off 50% of his TIKTOK token supply, causing the project's market value to plummet from $90 million to $5 million. The token was originally issued to celebrate TikTok's unbanning in the United States.Project founder Asta stated 5 minutes before Fournier's sell-off that he had gifted him 50% of the token supply, but Fournier immediately liquidated his holdings. Fournier argued that he is a cryptocurrency novice who was deceived by Asta, claiming he "almost lost everything," and promised to compensate investors $50,000. Fournier's wallet shows a trading history of 5 months, and he was previously publicly refuted by Eric Trump for spreading false information about Trump's involvement with the RTR token.

ChainCatcher news, according to Protos, a 24-year-old Dutch law student was arrested this week on suspicion of being involved in a cryptocurrency scam worth millions of euros. The man, who called himself a "crypto banker," disappeared last year after his crypto trading scheme failed, resulting in losses of up to 4.5 million euros (approximately 4.6 million dollars) for about 300 investors, including friends and family. After hiding for a period of time, he was arrested by the police due to further evidence submitted by a foundation set up by the victims.According to one victim, despite the fact that the alleged scammer's plan was on the verge of failure, he continued to attract new investors. Investors in the Dutch cryptocurrency scam were asked to pay an investment fee of at least 5,000 euros (5,146 dollars), while he would take 50% of the profits as his reward. Lawyers pointed out that this behavior is similar to a crypto Ponzi scheme, using funds from new investors to pay back old investors.

ChainCatcher news, according to a report by The Paper, "post-00s" college student Yang Qichao issued a virtual currency abbreviated as BFF on an overseas public blockchain, and faced imprisonment due to withdrawing liquidity. The prosecution accused him of issuing fake virtual currency, misleading others to recharge 50,000 USDT, after which Yang Qichao quickly "withdrew funds," resulting in a loss of 50,000 USDT for others, constituting the crime of fraud.On February 20, 2024, the People's Court of the Nanyang High-tech Industrial Development Zone in Henan found Yang Qichao guilty of fraud, sentencing him to 4 years and 6 months in prison and imposing a fine of 30,000 yuan. On May 20, 2024, the case was heard in the second instance at the Nanyang Intermediate People's Court. Yang Qichao's defense lawyer continued to plead not guilty, arguing that the virtual currency issued by the defendant Yang Qichao has a unique and unalterable contract address, and there is no so-called "fake currency." Both the defendant and the complainant are experienced players in the cryptocurrency space and have a clear understanding of the risks involved in speculating on virtual currencies.The defendant's lawyer stated that the platform allows for the addition or withdrawal of liquidity at any time, and the defendant's actions do not violate platform rules. Furthermore, the BFF held by the victim appreciated in value due to increased liquidity after the incident, and if traded, it could be exchanged for more USDT than before, indicating that the victim did not incur any losses.