ChainCatcher news, according to official news, FTX will begin initial distributions to allowed claim holders in its Chapter 11 restructuring convenience class on February 18, 2025. The initial distribution is limited to claim holders in the convenience class allowed by the plan prior to the completion of the distribution. Eligible creditors should receive their distribution within 1 to 3 business days starting from February 18, 2025.

ChainCatcher news, according to The Block, Standard Chartered believes that as long as yields remain stable and the economy runs smoothly, the current market environment is very favorable for Bitcoin and the broader digital asset space. Geoff Kendrick, the bank's global head of digital asset research, noted in a report on Friday that the 10-year U.S. Treasury yield has remained below 4.50%, indicating that the bond market does not expect the Federal Reserve to take aggressive tightening measures, which provides strong support for risk assets like Bitcoin.Kendrick stated, "Despite strong U.S. employment data, the 10-year U.S. Treasury yield has consistently failed to break above 4.50%, which is good news for digital assets. With yields not rising and the economy still robust, this 'just right' environment is very conducive to the development of digital assets." He also added that if the 10-year U.S. Treasury yield continues to stay below 4.50% before the weekend, Bitcoin could break through the key resistance level of $102,500.Furthermore, if there are no new negative factors (such as unexpected regulatory actions or macroeconomic shocks), market conditions for digital assets are expected to improve further, and Bitcoin could even break through $108,000 in February, setting a new all-time high.

ChainCatcher news, Kentucky Representative TJ Roberts has initiated HB376, proposing to invest 10% of state funds in digital assets (Bitcoin) with a market capitalization over $750 billion. Kentucky is now the 16th state to propose a Bitcoin reserve bill.

ChainCatcher news, Ripple stated on its official website that the global custody services market is expected to grow from $41 billion in 2023 to over $100 billion by 2033.Digital assets are driving this growth, with more than 10% of global assets expected to be tokenized by 2030, including financial instruments such as stocks, bonds, ETFs, as well as physical assets like artworks and carbon credits.

ChainCatcher News, bipartisan members of the U.S. House of Representatives have introduced a resolution supporting blockchain technology and digital assets.On February 5, Dusty Johnson (Republican-South Dakota), Chairman of the House Agriculture Committee's Subcommittee on Commodity Markets, Digital Assets, and Rural Development, along with Ranking Member Don Davis (Democrat-North Carolina), Bryan Steil (Republican-Wisconsin), Chairman of the House Financial Services Committee's Subcommittee on Digital Assets, Financial Technology, and Inclusion, and Ranking Member Ritchie Torres (Democrat-New York) announced the proposal.The resolution highlights the economic potential of digital assets, the necessity for regulatory clarity, and the role of blockchain in enhancing transparency and efficiency. It also warns that without clear regulations, the U.S. risks losing innovation to countries with more defined legal frameworks. Following the resolution's introduction, lawmakers issued statements emphasizing the urgency of regulatory action.

ChainCatcher message, Coinbase CEO Brian Armstrong posted on X: "If you consider Coinbase as a bank, we currently hold about $420 billion in assets for our customers, which would make us the 21st largest bank in the U.S. by total assets, and it's still growing.If you consider us as a brokerage, then by AUM, we would now be the eighth largest brokerage."

ChainCatcher news, according to Fox reporter Eleanor Terrett, Republican members of the U.S. House Financial Services Committee announced the witness list for next Tuesday's hearing, titled "The Golden Age of Digital Assets: Charting a Path Forward."Participants:Jonathan Jachym, Vice President and Global Head of Policy and Government Affairs at KrakenJi Kim, President and Acting CEO of the Crypto Innovation CouncilCoy Garrison, Partner at Steptoe LLP and former SEC advisorJose Fernandez da Ponte, Senior Vice President and General Manager of Blockchain, Cryptocurrency, and Digital Currency at PayPal

ChainCatcher news, according to a report by Hong Kong media Wen Wei Po, the cybersecurity report shows that there are currently 2,650 counterfeit DeepSeek websites and phishing sites, and this number is still rapidly increasing. Users need to be highly vigilant, as the main uses of these counterfeit domains are phishing fraud, domain squatting, and traffic diversion. Phishing fraud is primarily carried out by stealing user login credentials, misleading users through similar domain names and interfaces, and tricking users into purchasing virtual assets.Statistics show that large-scale registration activities of counterfeit DeepSeek domains began on January 26, 2025, peaking on January 28. Although the growth rate has since decreased, the number continues to rise.In addition, 60% of these counterfeit domains resolve to IP addresses located in the United States. Scammers have also launched various so-called "DeepSeek-enhanced" high-end features of air coins (virtual currencies with no substantive value), and there are even websites claiming to sell original shares of DeepSeek, which could lead to significant financial losses for users.

ChainCatcher news, according to Bitcoin Magazine, Iowa State Representative Taylor Collins has proposed a bill to invest public funds in Bitcoin and digital assets.

ChainCatcher message, according to Scam Sniffer report, a user lost $156,183 worth of crypto assets after signing multiple phishing signatures, including mooConvexETH+, FLUID, and aEthWETH tokens.

ChainCatcher message, U.S. Senator Cynthia Lummis stated on X: "Today, the U.S. Senate Banking Committee found the first concrete evidence of Operation Chokepoint 2.0. Rest assured, the Digital Assets Subcommittee will find the relevant parties and hold them accountable."

ChainCatcher news, Coinbase has submitted an amicus brief regarding the ongoing bankruptcy case of Prime Trust, urging the court to support legal protections for customer assets held by the trustee. Coinbase's Chief Legal Officer Paul Grewal announced this document, emphasizing that customer assets should not be included in the trustee's bankruptcy proceedings.The company advocates for the enforcement of Section 8 of the Uniform Commercial Code (UCC), which ensures that assets held by the trustee belong to the customers, not to the trustee itself. Coinbase argues that both its user agreement and Prime Trust's user agreement clearly state that the assets remain the property of the customers. Bankruptcy should not alter these agreements or reclassify the assets as part of the trustee's property.The legal document will prevent customer funds from being included in Prime Trust's bankruptcy estate. Coinbase insists that upholding UCC Section 8 is crucial for maintaining trust in the trustee, whether in the digital finance or traditional finance sectors.

According to ChainCatcher news and statistics from DL News, the Trump family's crypto assets include meme coins, DeFi applications, NFTs, and the newly launched investment business Truth.Fi. The total value of these various enterprises and assets is approximately $15.6 billion.Among them, the meme coin TRUMP has a book value of $14 billion. According to information from the Trump memecoin website, two companies, CIC Digital LLC and Fight Fight Fight LLC, collectively hold 80% of the shares of the Trump token, with a paper value exceeding $14 billion. According to Trump's financial disclosure for 2024, he wholly owns CIC Digital.CIC Digital jointly owns Fight Fight Fight with another company called Celebration Cards LLC, which is registered in Wyoming by Andrew Pierce, a legal assistant at a Wyoming LLC attorney's office. According to the company's website, Pierce's firm specializes in establishing anonymous shell companies and asset protection planning.

ChainCatcher news, according to a report by CoinDesk, Citibank's latest research report points out that as the cryptocurrency market matures, the investor base expands, and technology advances, its correlation with the stock market will gradually decrease. The report shows that in 2024, cryptocurrency will be the only asset class whose market capitalization as a proportion of U.S. stocks continues to grow.Analyst Alex Saunders stated that the increasingly transparent U.S. regulatory framework will encourage cryptocurrencies to form more independent trends, and as institutional investor participation increases, Bitcoin's volatility is expected to decline in the long term. Citibank also suggested paying attention to the correlation between Bitcoin and gold, believing that this may indicate the development of its store of value properties.

ChainCatcher news, according to DLNews, Noelle Acheson, author of the "Crypto Is Macro Now" newsletter, stated that if the tariff panic subsides quickly, it would be a good thing for risk assets including Bitcoin. However, if not, safe-haven assets like Bitcoin could benefit from investors seeking to hedge against domestic currency depreciation and prepare for the development of the new economy.Even so, Bitcoin's success largely depends on the strength of the dollar. She noted, "A decline in the dollar against other currencies would benefit global liquidity and could reignite risk appetite, benefiting Bitcoin and stocks."

According to ChainCatcher news, HashKey Capital has been approved by the Hong Kong Securities and Futures Commission (SFC) to provide virtual asset (VA) discretionary account management services for professional investors under its Type 9 license. This authorization allows HashKey Capital to manage a range of customizable investment products, including spot virtual asset investments and derivatives, and to formulate and execute strategies that align with the investment objectives of professional investors within the scope of pre-approved exchanges.

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.