Scan to download
BTC $60,711.89 -1.76%
ETH $1,558.32 -3.24%
BNB $574.66 -0.60%
XRP $1.08 -2.71%
SOL $61.88 -4.52%
TRX $0.3225 -0.13%
DOGE $0.0809 -2.34%
ADA $0.1571 -3.27%
BCH $214.66 -2.75%
LINK $7.33 -2.17%
HYPE $56.70 -4.31%
AAVE $60.30 -3.64%
SUI $0.7078 -0.80%
XLM $0.2053 +1.96%
ZEC $352.05 -3.25%
BTC $60,711.89 -1.76%
ETH $1,558.32 -3.24%
BNB $574.66 -0.60%
XRP $1.08 -2.71%
SOL $61.88 -4.52%
TRX $0.3225 -0.13%
DOGE $0.0809 -2.34%
ADA $0.1571 -3.27%
BCH $214.66 -2.75%
LINK $7.33 -2.17%
HYPE $56.70 -4.31%
AAVE $60.30 -3.64%
SUI $0.7078 -0.80%
XLM $0.2053 +1.96%
ZEC $352.05 -3.25%

young

The Australian Securities and Investments Commission warns about scams from fake cryptocurrency trading platforms, with young investors being the main target

According to FinanceFeeds, the Australian Securities and Investments Commission (ASIC) has issued a warning that scammers are defrauding retail investors through messaging apps like WhatsApp and fake cryptocurrency trading platforms. Scammers typically post investment advice on social media to attract users to join message groups disguised as well-known financial figures or trading communities, then lure them into depositing funds into fake platforms. These platforms simulate profits by fabricating trading data, and when users attempt to withdraw funds, they are asked for additional "unlock fees," with all funds flowing directly into the scammers' accounts.Additionally, scammers are targeting investors who have already suffered losses by promoting fake "fund recovery services" for secondary fraud. According to Moneysmart survey data, 23% of Australians aged 18 to 28 hold cryptocurrency assets, 72% of Generation Z have seen cryptocurrency ads on social media, and 41% have been directly persuaded to invest in cryptocurrencies, indicating a significantly higher risk exposure among the younger demographic. ASIC advises investors to be cautious of investment advice on social media and recommends verifying the compliance qualifications of platforms through the AUSTRAC virtual asset service provider register.

Ernst & Young launches Blockchain Privacy Sandbox, supporting the development of privacy smart contracts on EVM chains

EY announced the launch of the Blockchain Privacy Sandbox, a web-based development environment designed to help businesses and developers experiment with privacy-preserving smart contracts on public chains compatible with the Ethereum Virtual Machine. It is reported that this sandbox environment is based on the open-source technology Starlight, allowing developers to convert standard Solidity smart contracts into applications with privacy protection features while retaining the original contract logic, and providing exploratory, replicable, and modifiable sample projects to accelerate proof of concept development.Currently, the Blockchain Privacy Sandbox is mainly used for experimentation and validation, supporting businesses in assessing the feasibility of privacy smart contracts, testing functionalities, and validating application scenarios before officially integrating Starlight. EY stated that this tool lowers the technical barrier for conducting privacy experiments on public chains by providing an easy-to-use web environment. Starlight, as the underlying ZKP compiler, has been open-sourced, allowing developers to integrate privacy features through its GitHub repository. As businesses' demand for data privacy protection on public chains increases, the attention on zero-knowledge proof technology continues to rise. Relevant reports indicate that the global ZKP market is expected to reach approximately $7.6 billion by 2033.
app_icon
ChainCatcher Building the Web3 world with innovations.