ChainCatcher news, on November 26 local time, U.S. President-elect Trump reached a necessary agreement with current President Biden's administration to allow Trump's transition team to coordinate with existing federal staff before his inauguration on January 20.According to the congressionally authorized agreement, the transition team's staff can collaborate with federal agencies and access non-public information, while government staff are also allowed to communicate with the transition team.However, Trump refused to sign another agreement with the General Services Administration (GSA). This agreement would have allowed his team to use government-secured office spaces and email accounts, but it required the president-elect to limit donations to $5,000 and publicly disclose the names of those who contributed to his transition efforts. (Jin Shi)

ChainCatcher news, according to Yonhap News Agency, the Strategic and Financial Committee of the South Korean National Assembly has canceled the scheduled plenary meeting. The main reason is that the ruling People Power Party advocates postponing the taxation of cryptocurrency for two years, while the opposition Democratic Party of Korea supports implementing it as originally planned.According to the plan, South Korea will impose a 22% tax rate on cryptocurrency trading gains exceeding 2.5 million won. The Democratic Party of Korea proposed raising the tax exemption threshold from 2.5 million won to 50 million won, while the People Power Party believes that the current tax infrastructure is not yet完善, and that opportunities for asset appreciation should be provided for young people.The cancellation of this meeting also affects the previously agreed proposal for the abolition of the financial investment income tax by the two parties. According to regulations, if the relevant bill is not passed by the Standing Committee before November 30, but is related to the budget proposal, it can still be submitted for consideration at this meeting.

ChainCatcher message, Solana co-founder Toly stated in response to a community member's question: "ZK is slower than traditional computation. Therefore, since there are no religious reasons limiting the capacity of full nodes, Solana is always faster than ZK." In response, ZKsync developer Matter Labs CEO Alex Gluchowski said: "ZK is always faster than Solana because it is protected by mathematics rather than validators, which means one or a few validators (for redundancy) are sufficient, without needing to wait for thousands of nodes to reach consensus."

ChainCatcher news, according to Decrypt, Coinbase has signed a sponsorship agreement with the NBA's Los Angeles Clippers, becoming the official partner of the Los Angeles Clippers. This collaboration marks the beginning of a multi-year partnership that will provide fans with exclusive experiences, limited edition merchandise, and unique digital and physical collectibles. The financial details of this partnership have not been disclosed. Coinbase will offer new and existing users $5 worth of Bitcoin, as well as seasonal benefits for creating a Coinbase account. The Coinbase brand will be prominently featured on signage within the Intuit Dome venue, which is being used as the Clippers' home for the first time this year.

ChainCatcher news, Curve Finance stated that after Trump recently won the U.S. election, the crypto industry has experienced explosive growth, with key stocks like MSTR and COIN being reassessed, and Bitcoin approaching the $100,000 mark.Leverage demand has led to an increase in weekly revenue for the DAO, rising from an average of $268,000 before Trump's inauguration to $581,000 in the past week. The annual income currently allocated to veCRV holders is approximately $31 million, excluding income from voting incentives.

ChainCatcher news, according to official sources, the software development company Alluvial, which supports Liquid Collective, has completed a new round of strategic financing totaling $4.3 million, led by Variant, with participation from Ethereal Ventures, Brevan Howard Digital, F-Prime Capital (the venture capital arm of Fidelity Investments' parent company FMR, LLC), Nascent, among others, bringing the total funding amount to $22.5 million.The funds are intended to drive the development of specialized, open, and configurable solutions to accelerate adoption in the institutional staking market.According to reports, Alluvial is a software development company that offers a suite of enterprise-grade staking products and services, focusing on facilitating mainstream adoption and participation in proof-of-stake blockchains. Liquid Collective is a staking standard designed to meet the needs of enterprises.

ChainCatcher news, according to DLNews, former NBA star Shaquille O'Neal has signed an $11 million settlement agreement regarding the Astral NFT and Galaxy token lawsuit, covering the plaintiffs' attorney fees as well as cash payments to NFT and token purchasers. The settlement agreement is currently pending approval from the judge.Previously, O'Neal was sued for promoting cryptocurrency, with a class action filed in federal court in Florida accusing O'Neal of promoting the unregistered Astral token in violation of securities laws.The lawsuit claims that O'Neal repeatedly promoted the Astrals NFT on his various social media accounts, but the value of the related tokens and NFTs subsequently experienced a "sharp decline."

ChainCatcher news, Aptos ecosystem DeFi project Thala has released the latest announcement stating: due to a security vulnerability attack on the latest V1 liquidity pool contract, assets worth 25 million USD have been stolen.Currently, Thala has suspended all related contracts and frozen Thala token assets (9 million USD MOD and 2.5 million USD THL). With the assistance of other institutions, an agreement has been reached with the attacker to recover all user assets through a 300,000 USD bounty.Affected users do not need to take further action; positions will be restored to 100% completeness. However, all related contracts and the Thala frontend will remain in a suspended state until deemed completely secure.

ChainCatcher news, according to PR Newswire, Nasdaq-listed company BTC Digital Ltd. announced that it has signed an agreement with Asian digital asset management consulting firm Recte Technologies Company Limited and Asian cryptocurrency mining fund ASIA INVESTMENT FUND SP2 to provide a total of 1,100 Bitcoin mining machines for hosting services, including ANTMINER T21 and ANTMINER L7 models. BTC Digital will be responsible for the deployment of these devices in the United States, providing hosting, management, and other services.

ChainCatcher message, payment protocol AEON partners with FDUSD issuer First Digital Labs and Terminus to launch Web3 QR code payments, promoted during Devcon in Thailand. Users can scan the AEON QR code to use FDUSD for purchases at offline merchants, who can receive cryptocurrency without new devices, automatically converting it to local fiat currency.

ChainCatcher news, according to The Block, ASIC miner manufacturer Canaan has signed a procurement agreement with HIVE Digital to provide 6,500 Avalon A1566 miners, with an average hash rate of 185 TH/s. Currently, the first batch of 500 miners has been delivered and is scheduled for installation, while the remaining 6,000 will be delivered in batches from December to March 2025. As a result of this news, Canaan's Nasdaq stock (CAN) rose 38% to $1.74.It is reported that HIVE Digital has announced the commencement of a new 100 MW expansion project in Paraguay, which is expected to be fully operational by the third quarter of 2025, with a target hash rate of 12.5 EH/s and equipment efficiency of 17.6 J/TH.

ChainCatcher news, according to Ledger Insights, the Bank of Korea has announced a cooperation agreement with the Ministry of Science and ICT (MSIT) and the Financial Services Commission (FSC) to jointly test the feasibility of digital currency (CBDC) and tokenized deposits.The central bank plans to pilot tokenized deposits among 100,000 people by the end of the year and achieve interbank settlement through wholesale CBDC. In this trial, seven domestic banks will participate, and tokenized deposits will be protected under the current deposit insurance system.In addition, the central bank has developed a digital voucher platform to reduce the complexity and fraud risk associated with paper voucher settlements.

ChainCatcher news, X platform user DogeDesigner posted today saying "In the next 4 years, Memes will be in vogue." Tesla CEO Elon Musk responded with the "💯😂" emoji.The tweet may hint that Trump's potential return to the White House could bring a new wave of creativity to internet meme culture.

ChainCatcher news, according to Caixin, on Friday the Federal Reserve's overnight reverse repurchase agreement (RRP) usage was $155.476 billion, a new low since 2021, down from $201.278 billion the previous trading day. The number of participating counterparties was only 41, significantly lower than the usual levels.

ChainCatcher news, according to CryptoSlate, FTX has reached a settlement with Evolve Bank and the Silicon Valley Community Foundation (SVCF), which could allow it to recover up to $21 million in assets. The agreement is pending court approval, with a hearing scheduled for November 20.Previously, Evolve Bank held over $13 million in deposits in accounts opened for FTX affiliate West Realm Shires Services Inc. After multiple negotiations, FTX reached an agreement with Evolve Bank to return approximately $12.77 million to the bankrupt FTX, while retaining $462,700 as compensation fees.In addition, the Silicon Valley Community Foundation SVCF also agreed to return $8.57 million and the remaining FTT tokens to avoid the need for litigation.

ChainCatcher news, the cryptocurrency mining company Bitfarms has signed a second hosting agreement with the American Stronghold Digital Mining to expand its operations at its facility in Pennsylvania. The initial terms of the agreement will expire on December 31, 2025, after which it will automatically renew annually. Additionally, Bitfarms will pay Stronghold 50% of the miner profits each month.Bitfarms CEO Ben Gagnon stated that the 20,000 miners on site will enhance efficiency and continue to improve the overall efficiency of the company. Previously, Bitmain signed the first hosting agreement with Stronghold in September, when it added an initial 10,000 miners to its Panther Creek facility in Pennsylvania. (Cointelegraph)

ChainCatcher news, Animoca Brands announced a partnership with GEODNET, a "decentralized" real-time kinematics (RTK) network aimed at driving mixed reality gaming and immersive experiences, integrating positioning technology into consumer applications.In addition, Animoca Brands has also invested in GEODNET to support its development within the DePIN community while promoting the development of positioning and mixed reality technologies.GEODNET will collaborate with Mocaverse, a consumer network that features an interoperable accounts, identity, reputation, and PointFi system infrastructure layer developed by Animoca Brands, to help "facilitate network growth and explore various consumer applications that integrate precise location into the Moca network."

ChainCatcher news, KKR has signed a $50 billion strategic partnership with the American investment firm Energy Capital Partners (ECP). This collaboration will focus on accelerating the development of data centers, power generation, and transmission infrastructure to support the global expansion of artificial intelligence (AI) and cloud computing.Both parties will support large-scale model training, tuning, and inference across different regions, and will collaborate with industry participants such as utilities, power producers, and data center developers to expedite the development of large data center campuses for hyperscale enterprises.KKR will leverage its existing infrastructure, real estate strategies, and insurance accounts to fund the partnership; ECP will provide funding through existing and future infrastructure capital pools.

ChainCatcher message, according to data released by the Morpho social media platform X (Twitter), the total deposits of the lending protocol Morpho's core product Morpho Markets have surpassed $2 billion.It is reported that Morpho Markets is a simple, immutable single loan and collateral asset market (corresponding to the original market layer mentioned above), which grants high autonomy to the creators of the lending market. Anyone can deploy an independent lending market by specifying a collateral asset, a loan asset, an interest rate model (IRM), a liquidation loan-to-value (LLTV), and the oracle to be accessed.