ChainCatcher message, according to Arkham data, 20 minutes ago, the U.S. government address transferred 19,799.99 BTC, approximately 1.92 billion USD.

ChainCatcher message, Ava Labs founder and CEO Emin Gün Sirer (@el33th4xor) responded on the X platform regarding whether to engage in dialogue with the new U.S. government, stating, "The team is working on it, and you won't see us flaunting our political connections on social media. You will just suddenly see the results, completely in Avalanche style, with plans made accordingly."

ChainCatcher message, Ethereum co-founder Vitalik Buterin responded to the U.S. government's Efficiency Department (DOGE) regarding the government's small expenditure errors, stating that he does not agree with the Efficiency Department's approach. The examples listed account for only a small portion of total expenditures. If the government aims to optimize by avoiding mistakes that make it look bad on Twitter, it will miss many valuable opportunities, while large-scale projects that actually waste more will continue to exist simply because they appear respectable. For small-scale public funding, a venture capital (VC) approach should be adopted, accepting a large number of potential mistakes, as the goal is to ensure capturing those opportunities that can yield 1000 times the return. Cautious efforts should be focused on large-scale matters.

ChainCatcher news, JPMorgan recently released a report evaluating the Department of Government Efficiency (DOGE) established by incoming President Trump, led by Elon Musk and Vivek Ramaswamy, aimed at streamlining federal operations and cutting wasteful spending.The report stated: "In terms of government efficiency, Trump is expected to push an agenda that advocates for reducing red tape. This includes the establishment of a new Department of Government Efficiency," and added: "We believe that this department will find it difficult to achieve this."JPMorgan explained the reasons why DOGE may encounter obstacles: "Ultimately, Congress controls government spending, and DOGE is outside of Congress. The department can propose all the suggestions it wants, but in the end, it is the typical 60-vote majority in Congress that decides legislative changes."The report concluded: "One of the key questions for investors in 2025 is which parts of the Trump 2.0 agenda will be emphasized and which parts will gradually fade."

ChainCatcher news, Musk and Vivek Ramaswamy will launch the "Dogecast" podcast for the Department of Government Efficiency (DOGE).

ChainCatcher News, a report released by the American agency "Regulatory Research Center" in 2020 shows that between 2000 and 2010, the growth rate of federal government regulatory spending and staffing in the United States was faster than in the previous two decades (overall spending increased by 66.5%, and staffing grew by 54.0%).According to the budget estimates for fiscal year 2021, regulatory spending in 2020 was 22.8% higher than the level in 2010, with an average annual growth rate of 2.1% over the decade. From 2010 to 2020, staffing increased by 5.8%, with an average annual growth of 0.6%.Elon Musk shared an image from the report on X, stating: "There are too many regulators, just like in a sports game where the number of referees exceeds the number of players on the field!" Previously, Musk was appointed as an advisor to the Trump administration, leading the "Office of Government Efficiency" (金十).

ChainCatcher news, Shiba Inu's anonymous chief developer Shytoshi Kusama has forwarded information on the X platform indicating that the U.S. Department of Efficiency (DOGE), led by Musk, is exploring the implementation of a blockchain-based election platform, which may be called "eVote." This system involves collaboration with X (formerly Twitter), as well as blockchain platforms like Cardano, Hyperledger, and Hedera, aiming to create a nationwide electronic voting and verification solution. Analysts believe this aligns with Trump's long-standing emphasis on ensuring election integrity.Shytoshi Kusama believes that the success of this system depends on the integration of fully homomorphic encryption (FHE) and calls for Trump to appoint a professional blockchain advisor.

ChainCatcher news, Shiba Inu's anonymous chief developer Shytoshi Kusama has shared information on the X platform indicating that President Trump and the soon-to-be-established Department of Government Efficiency (DOGE) are exploring a blockchain-based federal election voting and verification system.Insiders reveal that the system will be collaboratively established by X, Cardano, HyperLedger, and Hedera. Federal legislation will require all states to implement the "eVote" platform to ensure the fairness of elections across the United States.Sources say that President Trump insists on implementing a system to eliminate voter fraud, as he is concerned about potential misconduct in 2028. Kusama believes that the success of the system depends on the integration of Fully Homomorphic Encryption (FHE), while also urging Trump to appoint a professional blockchain advisor.

ChainCatcher news, Gemini co-founder Cameron Winklevoss believes that the initiatives of the Department of Government Efficiency (DOGE) are crucial in combating inflation, the "silent tax."It is reported that DOGE proposed to eliminate government waste and combat inflation in the United States. Last month, the inflation rate in the U.S. rose by 2.6% year-on-year, slightly higher than in September.Winklevoss emphasized the importance of addressing rising prices, stating that it imposes a disproportionate burden on low-income Americans, and he believes that these measures by DOGE are essential for achieving economic fairness and sustainability.

ChainCatcher news, Vivek Ramaswamy, who leads the Department of Efficiency in the U.S. government alongside Musk, posted on X that the Department of Efficiency (DOGE) he plans to create will be dissolved on July 4, 2026, as one of the celebrations for the 250th anniversary of the Declaration of Independence. He quoted Reagan's famous saying, emphasizing the persistence of government agencies, but stated that DOGE would be the exception.

ChainCatcher news, Vivek Ramaswamy, who leads the Department of Efficiency in the U.S. alongside Musk, posted on the X platform that the "Department of Government Efficiency" (DOGE) he plans to create will be dissolved on July 4, 2026, as one of the celebrations for the 250th anniversary of the Declaration of Independence.He quoted Reagan's famous saying to emphasize the persistence of government agencies, but stated that DOGE would be the exception.

ChainCatcher news, according to Jinshi reports, on November 14 local time, Musk retweeted a recruitment announcement from the newly created @DOGE (Department of Government Efficiency) account on his X account, stating: "It begins."The announcement stated: "We do not need people who only provide partial ideas; we need 'small government' revolutionaries with extremely high IQs (super high IQ) who are willing to work more than 80 hours a week. Please send your resume via private message to this account. Elon and Vivek will review the top 1% of applicants." Musk also retweeted other X users mentioning the announcement and commented: "Indeed, this will be a tedious job, will create many enemies, and the compensation is zero."

ChainCatcher news, Franklin Templeton has expanded trading of its OnChain U.S. Government Money Market Fund (FOBXX) to Ethereum.The asset management company has added a range of new blockchains to support the fund this year, including the recent Coinbase's Base, Aptos, and Avalanche. It uses the Stellar network as its primary public blockchain.FOBXX was launched in 2021, becoming the first money market fund to use a public blockchain to track transactions and ownership. Currently, its market capitalization is $410 million, making it the third-largest tokenized money market fund.

ChainCatcher news, according to Bloomberg, U.S. federal prosecutors stated that FTX co-founder Gary Wang provided "outstanding" assistance to federal prosecutors in the SBF case, having created "tools" to help the U.S. government uncover other fraudulent activities and advocating for leniency for Wang.In a sentencing report submitted on Wednesday, federal prosecutors wrote: "Wang also provided substantial assistance and took steps to correct past mistakes in the process, utilizing his extraordinary computer programming skills to detect potential fraud in the stock and cryptocurrency markets." Details of Wang's code were heavily redacted in government documents.The U.S. government stated that, unlike his co-conspirators, Wang did not deceive customers, lenders, or investors, nor did he misappropriate customer funds. While prosecutors did not recommend a specific sentence, the submitted memorandum requested the court to consider Wang's outstanding cooperation.

ChainCatcher message, Polymarket CEO Shayne Coplan responded on X regarding the platform's investigation by the U.S. Department of Justice: "It is frustrating that the current administration would make a last-ditch effort to go after companies they believe are associated with political opponents.We are firmly committed to a nonpartisan stance, and today is no exception, but the current administration should engage in some self-reflection and recognize that taking a more business-friendly and entrepreneurial approach could change the fate of this election for them.Polymarket has provided value to tens of millions of people during this election cycle, while harming no one. We take great pride in this. I can say with my head held high that the future of America, especially the future of American entrepreneurship, has never been brighter. In the face of adversity, we continue to build."

ChainCatcher news, according to Cointelegraph, former Vice President of Global Marketing and Communications at Binance, Steve Milton, stated that Trump may reduce the U.S. government's regulation of the cryptocurrency industry. Trump has been outspoken about the need to reduce government intervention in people's lives and has consistently supported cryptocurrencies... Trump's victory, along with the Republican majority in the U.S. Senate, is a "historic achievement" for cryptocurrency regulation in the United States.

ChainCatcher news, according to The Block, the U.S. government is negotiating with several political action committees (PACs) to return up to $13.25 million in political donations made by former FTX executives.The request has been approved by Judge Lewis Kaplan, who is overseeing the FTX case, and the government will continue discussions with the PACs regarding the forfeiture of these funds until January 15.Data shows that the donations were made by FTX founder Sam Bankman-Fried or former engineering chief Nishad Singh, who testified that some of the donations were made at Bankman-Fried's request and that he had signed blank checks.

According to ChainCatcher news, data from Arkham indicates that the U.S. government has sold ANT tokens seized from Alameda Research. This marks the first transfer of funds from the wallet in nearly two years, which contains approximately $974,000 worth of cryptocurrency. In November 2023, Aragon (token ANT) voted to dissolve and redeem ANT tokens for 86,343 ETH (valued at $155 million at the time). Users must redeem their ANT tokens by November 2, 2024. After redemption, all ANT tokens will be destroyed, meaning "from now on, holding ANT makes no sense."