ChainCatcher news, according to Cointelegraph, cybersecurity company Kaspersky Labs has stated that a malware development kit used to create applications on the Google Play Store and Apple App Store is scanning user images for cryptocurrency wallet recovery phrases in order to steal funds.Kaspersky Labs reported that once the malware named SparkCat infects a device, it uses optical character recognition (OCR) tools to search images for specific keywords in different languages. The intruders steal the recovery phrases of cryptocurrency wallets, which are sufficient for them to gain full control over the victim's wallet and further steal funds.The flexibility of this malware allows it not only to steal secret phrases but also to extract other personal data from the photo gallery, such as message content or passwords that may be left on screenshots. The report advises against storing sensitive information in screenshots or mobile photo galleries and recommends using password managers. Additionally, it suggests deleting any suspicious or infected applications. The report states that the source of the malware is unclear and cannot be attributed to any known organization, but it is similar to an activity discovered by ESET researchers in March 2023.

ChainCatcher news, the Commodity Futures Trading Commission (CFTC) is reviewing Crypto.com and the prediction market platform Kalshi, focusing on whether their Super Bowl sports event contracts comply with derivatives regulations.Crypto.com launched sports event trading products last year, allowing users to trade predictions on the Super Bowl game. In January, a CFTC panel of five commissioners voted to conduct a 90-day review of these contracts, with a vote expected in mid-April to decide whether to take enforcement action or establish new regulations.

ChainCatcher news, according to Cointelegraph, Landon Zinda has resigned from his position as Policy Director at the cryptocurrency advocacy organization Coin Center to join the U.S. Securities and Exchange Commission (SEC) cryptocurrency working group. In an announcement on February 4, SEC Acting Chair Mark Uyeda stated that Zinda has joined the commission as a senior advisor to the cryptocurrency working group. The former Coin Center director will work alongside Chief of Staff Richard Gabbert and Chief Policy Advisor Taylor Asher in the group led by Commissioner Hester Peirce.Coin Center's Communications Director Neeraj Agrawal confirmed that Zinda "is no longer an employee of the organization." As of February 4, his name still appeared on Coin Center's website, and his LinkedIn profile indicated that he had been working at the advocacy organization since March 2023.The cryptocurrency working group was announced on January 21, with the aim of "helping the commission delineate clear regulatory boundaries, providing practical registration pathways, developing reasonable disclosure frameworks, and prudently deploying enforcement resources." The SEC stated that the group would coordinate with other federal agencies, including the Commodity Futures Trading Commission.

ChainCatcher news, according to Cointelegraph, SkyBridge Capital founder Anthony Scaramucci stated that he expects the U.S. to pass legislation supporting cryptocurrencies by November 2025, as lawmakers often push for favorable regulations before the Christmas recess.

ChainCatcher news, Bullish Global, a cryptocurrency trading platform under Block.one, is considering an initial public offering (IPO). Sources say the company could launch the IPO as early as this year. Bullish Global has received investments from top Silicon Valley investor and billionaire Peter Thiel.According to Bullish Global's official website, the company provides financial services for the digital asset industry and operates a cryptocurrency trading platform. The company acquired the crypto media platform CoinDesk in November 2023, which was previously owned by Digital Currency Group.Bullish Global and Block.one have not yet responded to requests for comment.

ChainCatcher News, the U.S. SEC has launched a new cryptocurrency working group website. According to the webpage, the cryptocurrency working group aims to clarify the application of federal securities laws in the cryptocurrency market and propose practical policy measures designed to promote innovation and protect investors. The working group collaborates with committee staff and the public to help develop new approaches to the regulation of cryptocurrency assets.The cryptocurrency working group will undertake a series of priority tasks, led by Republican Commissioner Hester Peirce, and will focus on distinguishing which "cryptocurrency assets" are considered securities, potentially changing the way companies register, and providing clear statements when approving or disapproving exchange-traded products.The working group will help delineate clear regulatory boundaries, appropriately distinguish between securities and non-securities, develop a tailored disclosure framework, provide practical registration pathways for cryptocurrency assets and market intermediaries, ensure that investors have the information needed to make investment decisions, and ensure that enforcement resources are deployed wisely.

ChainCatcher news, according to Cointelegraph, U.S. House Financial Services Committee Chairman French Hill announced that four House and Senate committees will form a "bicameral working group" to advance the digital asset framework and stablecoin legislation.The working group will include the House Financial Services Committee, the House Agriculture Committee, the Senate Banking Committee, and the Senate Agriculture Committee. Hill stated that the working group plans to reintroduce the "21st Century Financial Innovation and Technology Act" with "modest modifications" during the 119th Congress.

ChainCatcher news, according to The Block, the autonomous AI agent platform in the crypto space, Olas, has completed a $13.8 million funding round to support the launch of an "agent app store" called Pearl. This round was led by 1kx, with participation from Tioga Capital, Sigil Fund, Zee Prime Capital, Borderless, Keyrock, and others. The Olas team (also known as Autonolas) stated that the funds will be used to support its agent app store, aiming to democratize access to user-owned AI agents.Along with the funding announcement, Olas also launched the Olas Accelerator program, which provides $1 million in grants and OLAS token rewards for developers building agents on the platform. Olas's tech stack includes Olas Stack and Olas Protocol, which incentivize the creation and co-ownership of AI agents. The team stated that it has facilitated over 3.5 million transactions from agents across nine blockchains.

ChainCatcher news, Bloomberg ETF analyst Eric Balchunas posted on X: "The U.S. SEC is downsizing its cryptocurrency enforcement division.According to an article published by The New York Times, some of the personnel originally dedicated to enforcement actions are being reassigned from a special department consisting of 50 lawyers and staff."

ChainCatcher news, reported by TheBlock, the Bitcoin Ordinals project Taproot Wizards has completed a $30 million financing round, led by Standard Crypto. Additionally, the Web3 asset data platform RootData shows that it announced the completion of a $7 million financing round in November 2023, also led by Standard Crypto.

ChainCatcher news, according to market information, U.S. cryptocurrency stocks turned from decline to rise after the opening, with the Dow Jones and S&P 500 indices close to flat, and the Nasdaq up 0.16%.Coinbase (COIN) up 0.2%;Trump Media & Technology Group (DJT) up 0.54%;Tesla (TSLA) up 1.24%;MicroStrategy (MSTR) up 0.88%;MARA Holdings (MARA) up 0.1%;Riot Platforms (RIOT) up 0.12%.

ChainCatcher news, according to official information, the cryptocurrency exchange XeggeX stated that its CEO's account was hacked, resulting in the loss of related TG accounts and the XeggeX community group. The specific details are still unclear.In addition, the team has successfully locked the wallet to ensure the safety of funds. As we have disconnected the database from the network, user login issues still persist, and we will check everything in the background before releasing specific information.

ChainCatcher news, according to Reuters, India is re-evaluating its stance on cryptocurrencies due to changes in how other countries are treating this virtual asset. A senior Indian government official told Reuters on Sunday that this review may further delay the release of a discussion paper on cryptocurrencies originally scheduled for September 2024.India's Economic Affairs Secretary Ajay Seth stated in an interview, "More than one or two jurisdictions have changed their positions on the use, acceptance, and significance of cryptocurrencies. In light of this trend, we are re-evaluating this discussion paper." Seth also noted that because these assets "are not bound by borders," India's stance cannot be unilateral.He did not specifically mention the United States, but last week, U.S. President Trump ordered the establishment of a cryptocurrency task force to propose new digital asset regulations and explore the creation of a national cryptocurrency reserve, fulfilling his commitment to overhaul U.S. cryptocurrency policy. In recent years, despite India's strict regulatory stance and high trading taxes on cryptocurrencies, Indians have continued to invest heavily in them.

ChainCatcher news, the cryptocurrency exchange XeggeX announced yesterday afternoon on platform X: "The CEO's account was hacked, losing the TG account and the XeggeX community group. Besides that, we still do not know the details. Furthermore, what is important at this moment is that we have successfully locked the wallet to ensure the safety of funds. As we have disconnected the database from the network, the login issue still exists, and we will check everything in the background. The next news will be more detailed once we obtain broader information."However, two hours before XeggeX released the above announcement, cryptocurrency media BlockTempo analyzed: "XeggeX is suspected to be in crisis, with multiple users commenting under the official pinned post reporting that they cannot log into the platform. Additionally, a check on the official website reveals that all tokens have been delisted, exacerbating market concerns. The market experienced a bloodbath yesterday, which may lead to a large number of users rushing to withdraw funds, triggering a bank run crisis. If the platform cannot resume normal operations, it is highly likely that it has run away."The XeggeX website currently only displays "We will be back soon," and has not resumed normal operations.

ChainCatcher news, FOX reporter Eleanor Terrett stated that tomorrow is expected to be a busy day for cryptocurrency policy-making in the U.S. Congress.

ChainCatcher news, according to Spot On Chain monitoring, 6 hours ago, World Liberty Financial transferred $307.41 million from 8 assets to Coinbase Prime ------ as part of fund management and business operations.Shortly thereafter, the project unstaked 19,423 stETH for ETH and further spent 5 million USDC to purchase 1,826 ETH at a price of $2,738.Currently, World Liberty Financial still holds various assets worth $96.62 million in 9 known wallets.

ChainCatcher News, U.S. President Donald Trump signed an executive order on Monday directing the Treasury Department and the Commerce Department to establish a sovereign wealth fund. Treasury Secretary Scott Bessenet has expressed some interest in cryptocurrencies, while Commerce Secretary nominee Howard Lutnick is a staunch supporter of the crypto industry.Bessenet stated during an appearance at the White House with Trump that the sovereign wealth fund is expected to be established within the next 12 months. Although Bitcoin was not mentioned at the time of signing, the fund could become a tool for the government to purchase and hold cryptocurrencies.

ChainCatcher news, according to Solid Intel, David Sacks, the White House AI and cryptocurrency chief appointed by Trump, will hold a press conference on February 4 at 2:30 PM EST (February 5 at 3:30 AM Beijing time), where he is expected to outline the U.S. government's leadership strategy in the digital asset space.