ChainCatcher news, Bitwise CEO Hunter Horsley posted the Bitwise 2024 review on X, stating that as they enter 2025, the team has many plans and will continue to focus on helping investors understand and access opportunities in the field.2024 Review:Customer assets grew from approximately $1 billion to about $12 billionThe team expanded from around 65 people to about 100, spread across the U.S. and EuropeTwo acquisitions were madeExpanded to over 4,000 RIAs, wealth teams, family offices, and institutional clients in the U.S.Over 15 banks and broker/dealer wealth platforms in the U.S. approved productsAchieved two years of outstanding performance in alpha strategiesEntered Europe with a growing suite of institutional-grade ETPsEntered Ethereum and now Starknet staking businessLaunched several exciting new productsConducted over 12,000 meetings and calls with investors, 79 events, 25 webinars, produced two national TV commercials, nearly 100 research memos and reports, and received over 1,000 news mentions/quotes/appearances

ChainCatcher news, Cointelegraph posted on the X platform revealing that MetaMask has expanded its cryptocurrency payment card pilot program in the United States, allowing users to pay directly from their wallets.

ChainCatcher news, Binance co-founder Zhao Changpeng posted on X platform stating that he invested in the Travala crypto travel platform before the pandemic and the bear market in the crypto market, and he has persisted with it.Previous news, the cryptocurrency travel platform Travala announced that its annual revenue has reached 100 million dollars and plans to launch a dedicated Bitcoin reserve. Travala's new "financial reserve plan" is based on Bitcoin (BTC) and its native token Ava (AVA).

ChainCatcher news, a Texas court has ordered the U.S. Securities and Exchange Commission to repeal a controversial rule that broadly redefined the term "Dealer," a move that has impacted both cryptocurrency-focused financial firms and traditional financial companies.Judge Reed O'Connor found that the rule was passed in February by a 3 to 2 vote, exceeding the statutory authority of the SEC. Traditionally, a dealer refers to an entity that buys and sells securities for itself rather than for others. The SEC expanded the definition in an attempt to include any entity capable of providing market liquidity, particularly in the U.S. Treasury market.In a footnote of the original proposal draft, it was explicitly stated that those "engaged in the trading of crypto securities" must comply with securities laws, register with the SEC, and join industry-supported self-regulatory organizations. Initially, participants in the crypto industry objected to the rule. The expanded interpretation effectively eliminated the distinction between "trader" and "dealer" in traditional understanding.The Texas Blockchain Association and the Crypto Freedom Alliance filed a lawsuit against the securities regulator in April (the month the rule officially took effect), claiming that the rule's intervention in the crypto space was excessive and conflicted with existing laws regulating securities dealers, which have been in place for 90 years.

ChainCatcher news, Galaxy announced on the X platform that it has expanded its business to Hong Kong, stating that Hong Kong's support for the digital asset market makes it a promising region for innovation and potential growth.Galaxy CEO Mike Novogratz stated that Hong Kong understands that digital assets and blockchain technology have the potential to become a conduit for the flow of funds and assets. The local government's support for this industry is a key factor in Galaxy's decision to invest in Hong Kong, and failing to follow Hong Kong's lead and prioritize innovation could lead to being left behind.

ChainCatcher news, fast food giant McDonald's has partnered with NFT brand Doodles to launch co-branded coffee and collectibles, including a custom McCafé x Doodles Holiday cup, as well as a marketing campaign called "GM Spread Joy," allowing U.S. customers to participate in 13,500 McDonald's locations.

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 message, Band Protocol rebranded as Band and announced the launch of Band v3, aimed at becoming the most developer-friendly oracle in the crypto space. The new brand and Band v3 will be launched across all platforms in early 2025.

ChainCatcher message, supported by Coinbase, the cryptocurrency advocacy organization Stand With Crypto has expanded to Australia as part of a broader initiative to promote regulatory clarity and cryptocurrency-friendly policies in the country.Tom Duff Gordon, Vice President of International Policy at Coinbase, stated that the goal of launching the new branch of "Stand With Crypto" is to draw political attention to the numerous use cases of blockchain and to encourage the development of "reasonable" legislation for cryptocurrency companies operating within Australia.

According to ChainCatcher, The Block reported that MakerDAO voted to maintain its rebranded name "Sky," a move that is part of founder Rune Christensen's "Endgame" plan aimed at launching new types of stablecoins and establishing "subDAOs" to build crypto applications and infrastructure.Although some members within the community have expressed concerns about the brand shift of the decentralized protocol, among about 20 voting entities, only four major holders controlled nearly 80% of the voting power, all of whom supported the retention of the Sky brand.As part of the Endgame plan, Sky plans to launch several new stablecoins, including the decentralized PureDAI and the regulatory-compliant NewStable, and will be launched on Solana and Ethereum L2 Base. Additionally, the project will integrate Aave, launch the SkyLink cross-chain bridge, and venture into asset tokenization.

ChainCatcher News, the number of initial jobless claims in the U.S. increased by 3,000 to 221,000 for the week ending November 2, in line with market expectations. The number of continuing jobless claims rose to 1.892 million, the highest level since November 2021, possibly reflecting the lingering effects of last month's hurricane and strikes.As the impact of the hurricane fades, initial jobless claims have decreased. Boeing reached an agreement to end the strike on Tuesday, which also means that the impact on the job market should soon diminish. Before adjusting for seasonal factors, initial jobless claims rose last week. California, Michigan, and Ohio saw the largest increases, while initial jobless claims in Florida and Georgia decreased. (Jin Shi)

ChainCatcher news, Solana storage expansion solution Xandeum has confirmed the details of the upcoming token and the liquid staking program that supports storage. The XAND token will officially launch on October 29 at 16:00 (UTC).The issuance of the XAND token and LST will be accompanied by the Xandeum airdrop, with 60 million tokens to be distributed to eligible users on October 29.

ChainCatcher news, Tesla (TSLA.O) gains expanded to 16%. Tesla (TSLA.O) Q3 2024 revenue was $25.18 billion, market expectations were $25.4 billion, and $23.35 billion in the same period last year. Tesla's Bitcoin holdings remained unchanged in Q3 2024.

ChainCatcher News: Japanese Web3 infrastructure company KEKKAI Labs announced the rebranding of its Web3 security solution KEKKAI to Alpha Network and the launch of the cross-platform Web3 operating system AlphaOS. This upgrade not only showcases KEKKAI's innovation in the integration of AI and Web3 but also brings enhanced benefits to users. AlphaOS adds intelligent Alpha recommendations, AI cross-chain transactions, and point rewards on top of the existing security features, providing a more intelligent Web3 experience.Alpha Network has created the world's first decentralized AI data execution layer, offering solutions to the shortage of AI training data. Through decentralized data storage, it ensures compliance and security in data sharing, allowing users to earn token rewards by contributing data. AlphaOS will seamlessly upgrade from the original KEKKAI Plugin and will launch a web version, with plans for mobile and desktop versions in the future, continuously expanding AI-driven automation features.In the future, Alpha Network will focus on the deep integration of Web3 and AI, building a decentralized data economy ecosystem to provide global users with a more efficient and convenient Web3 experience.

According to ChainCatcher news, leading global lithography system manufacturer ASML has released its Q3 2024 financial report and lowered its performance expectations for 2025, raising concerns among investors, which led to a more than 10% drop in its U.S. stock during trading. As a result, the Nasdaq Composite Index fell by more than 1%, and the stock price of semiconductor giant NVIDIA saw a decline of 5.7%, marking the largest single-day drop since September 6, 2024.According to the financial data released by ASML, the company's gross margin for Q3 was 50.8%, slightly above the market expectation of 50.7%. The new orders for Q3 amounted to only €2.63 billion, far below the market expectation of €5.39 billion.ASML expects its net sales for Q4 of FY 2024 to be between €8.8 billion and €9.2 billion, with the market expectation at €8.95 billion; the full-year net sales expectation remains at €28 billion, with the market expectation at €27.71 billion.ASML anticipates that net sales for 2025 will be between €30 billion and €35 billion, while the market expectation is €35.94 billion. The gross margin expectation for FY 2025 has been lowered to a range of 51% to 53%, down from the previous expectation of 54% to 56%.

ChainCatcher message, the full-chain identity and distribution protocol Layer3 has announced its expansion to the Solana network, aiming to create a consumer distribution layer for the Solana protocol, supported by L3 tokens natively provided on Solana via Wormhole.This expansion brings several new features, including optional token migration through Wormhole & Portal, new leaderboards, rewards, user progress and community structure, as well as L3 staking on Solana via Wormhole.

ChainCatcher news, according to the Hong Kong Monetary Authority (HKMA) official website, the HKMA today launched the second phase of the "e-HKD" pilot scheme, further exploring new types of digital currencies that individuals and businesses can use, including "e-HKD" and tokenized deposits. The project name has been changed to "e-HKD+" to reflect a broader exploration of the digital currency ecosystem. 11 selected institutions will conduct innovative use case studies in three major areas: tokenized asset settlement, programmability, and offline payments. This phase of research will help the HKMA understand the design and operational issues that may arise in a digital currency ecosystem where public and private coexist.