ChainCatcher News, the Shanghai headquarters of the People's Bank of China issued a risk warning, alerting the public to guard against investment scams that misuse the central bank's name in relation to digital renminbi. The central bank emphasized that it has never released announcements such as "investing in digital renminbi for cashback" or "paid recruitment of pilot promoters," and reminded the public to be cautious of four main traps: investment transactions under the guise of digital renminbi, fake group invitations, information collection through unofficial channels, and counterfeit apps.As a legal digital currency, the digital renminbi is exchanged 1:1 with physical renminbi, leaving no room for investment speculation. Users should download and use the digital renminbi app through official channels.

ChainCatcher news, according to a report by Jinshi, citing Sina Technology, there are reports that the major shareholder of Xiaohongshu is negotiating to sell its shares, with a valuation of at least $20 billion. As the potential TikTok ban in the U.S. approaches, this deal has attracted interest from Tencent Holdings Limited and other well-known investors.According to informed sources, Xiaohongshu's supporters GGV Capital, GSR Ventures, and Tiantu Capital are in talks to sell part of their shares. Interested investors include existing shareholders Sequoia China and Hillhouse Capital. Tencent is also considering whether to increase its stake. In this regard, Sina Technology has sought confirmation from Xiaohongshu's official representatives, but as of the time of publication, there has been no response. (Jinshi)

ChainCatcher news, according to CSBS, based on the official announcement, in a coordinated law enforcement action by financial regulators in 48 states in the U.S., Block, Inc. will pay a fine of $80 million and take corrective measures to address violations of the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) laws, which protect the financial system from illegal use.It is reported that over 50 million consumers use Block's mobile payment service Cash App to spend, remit, store, and invest. In the multistate settlement agreement signed this week, Block agreed to pay fines to state government agencies, hire an independent consultant to review the comprehensiveness and effectiveness of its BSA/AML program, and submit reports to the states within 9 months. After the report submission, Block will have 12 months to correct any deficiencies identified in the review.

ChainCatcher news, the Telegram cryptocurrency cashback and rewards platform TONCASH has received a strategic investment from TON Ventures. TONCASH is currently expanding actively in the Asia-Pacific region, Europe, the Middle East, and Latin America.Ben Usinger, CEO and co-founder of TONCASH, stated: "This investment deepens our collaboration with Telegram and The Open Network, enabling us to provide the best online shopping and rewards experience for Web3 users. With the strategic support of TON Ventures, we are driving the adoption of on-chain payments, attracting millions of users through innovative cashback mechanisms, and redefining how brands connect with customers in the Web3 space."

ChainCatcher news, Brazilian congresswoman Julia Zanatta issued a warning on social media, stating that as the country advances in implementing the Central Bank Digital Currency (CBDC) "drex," physical cash may face the risk of disappearing.She opposes a bill that aims to gradually eliminate cash by 2025, arguing that the use of drex should remain voluntary to protect economic freedom. Zanatta highlighted several risks: social control, loss of privacy, and potential financial issues for those unfamiliar with technology.Zanatta also called for increased public awareness and suggested a referendum to decide the future of drex, emphasizing that such a significant change should involve citizen participation in decision-making. Currently, due to privacy concerns, the drex pilot project is facing delays.

ChainCatcher message, Civic founder Vinny Lingham posted on X: "Not sure who is advising the MicroStrategy founder on how to execute Bitcoin purchases, but my advice is to sell MSTR stock when BTC is close to ATH and hold cash for when a pullback of over 10% occurs.Game theory also suggests that if MicroStrategy holds a large cash reserve waiting to buy, the market may drive the price up on its own, 'doing the work' for him."

ChainCatcher news, Telegram founder Pavel Durov stated in his personal TG channel: "2024 is going to be a very good year for Telegram, as we achieved profitability for the first time three years after starting commercialization. The number of Telegram Premium subscribers has tripled, exceeding 12 million. Advertising revenue has also increased several times. Telegram's total revenue for 2024 has surpassed $1 billion, and cash reserves exceed $500 million (excluding crypto assets).Over the past four years, Telegram has issued approximately $2 billion in debt and repaid part of the debt this fall by taking advantage of favorable bond prices."

ChainCatcher news, according to Hong Kong Wen Wei Po, mainland investors are restricted when bringing cash back to the mainland after cashing out virtual currency in Hong Kong. The customs regulations now state that each person can carry a maximum of 20,000 yuan each time. If bank transfers are involved, issues related to the source and use of funds must comply with national legal and regulatory policies. A virtual asset exchange store near Tsim Sha Tsui MTR station stated that customers need to provide identification if the amount exceeds 10,000 Hong Kong dollars, whether buying or cashing out.

ChainCatcher news, according to The Washington Post, Morningstar analyst Dan Romanoff stated that although gold is generally considered the best asset for hedging against inflation, Bitcoin may be a more useful inflation hedge tool.Over the past five years, both Bitcoin and gold have appreciated in value beyond inflation, with Bitcoin's increase being relatively larger. Dan Romanoff believes that although there is not much historical data on the performance of cryptocurrencies in different economic cycles, a small investment in Bitcoin can be justified. He added, "If Amazon could keep a small portion of its cash in Bitcoin, that seems quite reasonable."

ChainCatcher news, according to Ledger Insights, the German tokenization company Cashlink Technologies has obtained a cryptocurrency custody license issued by the country's regulatory authority BaFin. The company already holds a cryptocurrency securities registrar license.According to German law, when issuing securities on DLT, a registrar can be used instead of a central securities depository (CSD). With the new license, Cashlink can now manage the private keys associated with the tokenized securities it participates in issuing and registering.

ChainCatcher news, according to Cointelegraph, Tornado Cash co-founder Roman Storm has requested the judge to dismiss the criminal charges against him.Previously, the appeals court ruled that the U.S. Treasury's sanctions against the crypto mixer were illegal, stating that the Treasury acted "beyond its authority" in this case.

ChainCatcher news, the German tokenization company Cashlink has obtained a cryptocurrency custody license, having previously held a cryptocurrency securities registrar license. According to German law, when securities are issued on DLT, a registrar can be used instead of a central securities depository (CSD). With the new license, Cashlink can now manage the private keys associated with the tokenized securities it participates in issuing and registering.

ChainCatcher news, according to GlobeNewswire, the board of directors of the US-listed company reAlpha Tech Corp. (AIRE) has approved a new investment policy, designating Bitcoin, Ethereum, and Solana as the company's primary reserve assets. The company plans to allocate up to 25% of excess cash for cryptocurrency purchases after ensuring six months of operating expenses, with specific allocations adjusted based on market conditions and actual operational needs.reAlpha CEO Giri Devanur stated that this move aims to diversify fund management and enhance the company's ability to respond to market changes. The company will closely monitor its cryptocurrency holdings and adjust its allocation strategy in a timely manner based on the market environment and regulatory framework.

ChainCatcher news, NEXA GLOBAL DIGITAL GROUP LIMITED announced recently that it has invested 12 million USD in TCASH Digital Bank.It is reported that TCASH Digital Bank is headquartered in New York, with a global operations center in Dubai, and is committed to building an open, decentralized crypto banking platform. This investment will accelerate TCASH's rapid development in the fields of DeFi, CeFi, digital payments, and crypto asset trading. It will provide global users with a more secure, transparent, and convenient digital financial ecosystem, promoting innovation and transformation in the crypto economy and digital economy.

According to ChainCatcher news, monitored by Spot On Chain, the top 11 airdrop recipients of the PENGU token have collectively received 991 million PENGU (peaking at approximately 68.4 million USD), of which 351 million have been sold, cashing out about 10.7 million USD, accounting for 35.4% of the total received.Only 4 recipients still hold all of their airdrop tokens, with a current remaining holding of 620 million PENGU (approximately 18.6 million USD). The price of PENGU has dropped about 52.3% from its historical high of 0.0699 USD.

ChainCatcher news, OpenAI has reached an agreement with Japan's SoftBank Group, where approximately 400 current and former employees will cash out millions of dollars by selling shares to SoftBank. According to sources, SoftBank will acquire OpenAI shares at a price of $210 per share, with a total amount potentially reaching $1.6 billion. Employees can cash out part of their equity through this transaction, provided they received restricted stock units over two years ago.OpenAI's current valuation is $157 billion, and eligible employees must decide whether to sell their shares by December 24. Current employees can cash out up to $10 million each, while former employees have a maximum limit of $2 million.The total expected amount for this transaction is $2 billion, of which SoftBank has agreed to purchase $1.6 billion in shares, with the remaining $400 million in shares potentially going unsold.

ChainCatcher message, ChainCatcher has launched the "2024 Crypto Secondary Market Individual Investor Behavior" survey. This survey aims to gain in-depth insights into retail investors' investment behaviors, decision-making processes, and tool usage habits, providing valuable insights for industry development. We sincerely invite you to participate in this survey and share your investment experiences. All information collected in this survey will be used for research purposes only, and ChainCatcher commits to keeping your personal information strictly confidential. The survey data will be presented in an anonymous and aggregated form in the research report.👉Click here or the source link to participate in the questionnaire.👉Survey deadline: December 27th