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ChainCatcher reported that Orama Labs, dedicated to building the next-generation DeSci and AI-driven tokenized asset protocol, has now received over 3.6 million dollars in PYTHIA staking. The Staking & Launchpad products have passed code audits by leading security institutions Certik and PeckShield. At the same time, the first batch of ecosystem cooperation projects from Orama Labs will be released soon. Orama Labs aims to solve the long-standing core issue in the traditional scientific research system—inefficient capital and resource allocation mechanisms. By building a full-chain protocol covering scientific experiment funding, intellectual property verification, data interoperability, and community governance, the platform is committed to constructing a complete value chain from scientific research exploration to commercial implementation, continuously driving paradigm innovation in on-chain scientific research.

According to Jinse Finance, Decrypt reported that the Madras High Court in India ruled on Friday that cryptocurrency constitutes constitutionally protected property, preventing an exchange from reallocating user assets under its East 8th District restructuring plan. Judge N. Anand Venkatesh issued an injunction to protect 3,532 XRP tokens, rejecting the exchange's "loss socialization" proposal following a $234 million hack in July 2024. The judge stated that while cryptocurrency is "neither tangible property nor currency," it "is a form of property that can be enjoyed and owned in a beneficial manner." The ruling establishes the legal status of crypto assets as property and stipulates that assets held in custody by exchanges must be regarded as client trust property. The court also rejected the exchange's argument that its East 8th District court-approved restructuring automatically binds Indian users. Currently, users have only received 30% of their expected funds.