ChainCatcher news, according to the Associated Press, the Khao Kheow Open Zoo in Chonburi Province, Thailand, has officially released a theme song for the internet-famous hippo Moo Deng.It is reported that this cheerful 50-second song titled "Moodeng Moodeng" has versions in Thai, English, Chinese, and Japanese, with simple and easy-to-understand lyrics like "Moo Deng Moo Deng, boing boing boing/Mommy mommy, play with me." The music video consists of short clips of the little hippo bouncing around, playing with its keepers, or having fun with its mother Jona.This hippo is now four months old and has attracted a large number of visitors to the zoo, located about a two-hour drive from the capital Bangkok. The zoo estimates that in recent months, it has welcomed an average of 3,000 to 5,000 visitors per day, and it also sells clothing, bedding, and other merchandise featuring Moo Deng as a model.

ChainCatcher news, according to a statement from the U.S. Department of Justice, Daren Li, a resident with dual citizenship of China and Saint Kitts and Nevis, has pleaded guilty to a conspiracy to commit money laundering for his involvement in a money laundering scheme related to a cryptocurrency investment scam that generated millions of dollars in proceeds. Daren Li and his co-conspirators used a network of shell companies and international bank accounts to launder over $73 million from victims of the cryptocurrency investment fraud. Daren Li is scheduled to be sentenced on March 3, 2025. Li faces a maximum of 20 years in prison.

ChainCatcher message, the Aleo Chinese community has sent an open letter to a16z regarding the Aleo project, inquiring about issues such as whether "a16z has filed a lawsuit against the original Aleo team in a U.S. court" is true:Curious about a16z's original intention to invest in Aleo, can a16z share the vision and key reasons for supporting Aleo;The leadership change in Aleo Network, with Howard Wu being replaced by Alex Purden who has a16z background, has raised questions in the community about whether this change aligns with Aleo Network's long-term goals and strategy;Rumors are spreading about "a16z and other venture capital firms filing legal lawsuits against the original Aleo team in U.S. courts," causing deep concern in the community; are these rumors true?

ChainCatcher news, recently, Forbes China announced the 2024 list of the Top 100 Most Influential Chinese People in the World, and Shawn SHI, co-founder of Oak Grove Ventures, has once again made the list, marking his second consecutive year receiving this honor. This accolade highlights Shi Xiang's outstanding strength in the global technology innovation and investment field.In the business sector, Shawn SHI and his team at Oak Grove Ventures have achieved significant results in cutting-edge technology areas such as Web 3.0, artificial intelligence, and biotechnology, thanks to their unique investment philosophy and precise project selection. They not only have a wide-ranging influence globally but have also made positive contributions to promoting technological advancement and social development.Regarding being selected for the Forbes Global Top 100 Most Influential Chinese People for two consecutive years, Shawn SHI stated: "This is a great recognition of my personal efforts and those of the Oak Grove Ventures team. We will continue to uphold the principles of innovation and pragmatism, seeking and supporting those potential entrepreneurs to jointly promote technological progress and social development."

ChainCatcher news, according to Deep Tide TechFlow, multiple cryptocurrency practitioners have reported that their Twitter (X) and TG accounts were hacked, ultimately traced back to the source of the attack being the North Korean hacker group DangerousPassword by a security company. One of the cryptocurrency practitioners whose account was hacked stated that he did not click on any phishing links, and the specific reason for the hack is still under investigation.It is worth noting that the North Korean hackers involved in this case are proficient in Chinese and are familiar with the current trends and terminology in the cryptocurrency industry.

ChainCatcher news, recently, South Africa's largest cryptocurrency exchange VALR announced the launch of its Chinese version application "威乐", and will continue to iterate to cover more communities.According to data from the RootData platform, VALR was established in 2018 and has completed approximately $55 million in funding to date, with investors including Pantera Capital, 100x Venture, Bittrex, Coinbase Venture, GSR, and others.

According to ChainCatcher news, the official website shows that three Chinese individuals, including former Paxos CEO, Scroll co-founder, are directly involved in the Trump family's crypto project WLFI. Former Paxos CEO Rich Teo serves as a team member, taking on the role of stablecoin and payment supervisor; Scroll co-founder Sandy Peng and Ankr founder Ryan Fang join as advisors.

ChainCatcher news, the one-stop crypto financial service platform Matrixport announced that its brand name in Chinese has officially been changed to "Matrix Gate," and it has launched a new brand slogan "Invest and Earn Crypto."Matrixport's new brand name symbolizes the platform's ecological function as a crypto financial hub, dedicated to opening the door for users to enter the crypto world, creating a super account that integrates products and services such as crypto asset trading, investment, lending, custody, RWA, and research.The new slogan clearly conveys the platform's core value proposition, which is to help users invest in the crypto field and earn, achieving long-term sustainable asset appreciation and enjoying the potential benefits brought by crypto wealth.This brand upgrade by Matrixport also includes the optimization of products and app services to comprehensively enhance the user investment experience, further expanding and consolidating its position as a leader in crypto asset value management in the Asian market, aiming to provide higher quality services for more crypto users.

ChainCatcher News: Chinese scientists have launched the world's first effective attack on a widely used encryption method using a quantum computer. Researchers stated that this breakthrough poses a "real and significant threat" to the cryptographic protection mechanisms long used by critical sectors, including banking and the military.Although the progress of general quantum computing has been slow and currently poses no threat to modern cryptography, scientists have been exploring various attack methods using specialized quantum computers.In the latest work led by Wang Chao at Shanghai University, the team reported that they successfully cracked encryption algorithms using a quantum computer produced by Canada's D-Wave Systems. Leveraging D-Wave's advantages, they successfully attacked the Present, Gift-64, and Rectangle algorithms, all of which are representatives of the SPN (Substitution-Permutation Network) structure, a part of the widely used Advanced Encryption Standard (AES) in military and financial applications. For example, AES-256 is considered the best available encryption and is often referred to as military-grade encryption.

ChainCatcher news, Mechanism Capital partner Andrew Kang expressed his views on X, stating that market participants may have overestimated the impact of the Federal Reserve's interest rate cuts and China's stimulus measures on cryptocurrency prices.He pointed out that the Fed's interest rates are just one of the factors affecting global liquidity, and global liquidity itself is only one of the factors influencing cryptocurrency prices. During a period when interest rates are nearing and reaching decades-high levels, Bitcoin surged 4.5 times, indicating almost no correlation between interest rates and Bitcoin. Then expecting a strong negative correlation when interest rates begin to decline seems absurd. Additionally, the positive impact of China's stimulus plan on stocks far outweighs its effect on cryptocurrencies, as Chinese traders have already noticed the migration of funds from cryptocurrencies to A-shares.Kang believes that the market is still evolving, and new projects and capital rotations may lead to price fluctuations. Currently, it is expected that the cryptocurrency market will fluctuate between $50,000 and $72,000 until a substantial catalyst emerges.

ChainCatcher news, Coinbase founder Brian Armstrong announced his marriage on social media and shared pictures, stating that he married Angela Meng last weekend.It is reported that Angela Meng grew up in Beijing and Los Angeles, previously worked as a reporter for the South China Morning Post in Hong Kong, a reporter for Reuters in Beijing, and also worked in the investment banking division of the old Wall Street firm Lazard New York. Additionally, she studied at the Claremont Institute.

ChainCatcher news, according to Fortune, Tether's USDT stablecoin has recently been trading at a slight discount. Some economists suggest that the reason is the waning interest of Chinese investors in cryptocurrencies, who are instead seeking to invest their funds in the domestic stock market.According to data from CoinMarketCap, USDT has been trading below the dollar price since the end of September, with a very small decline. Last Tuesday, Tether's trading price was $0.9995, and this slight drop indicates that investors are selling stablecoins in exchange for RMB and investing in the Chinese stock market, which has surged due to recent government stimulus measures.Although the cost of liquidating USDT is between three to five percent, investors seem unconcerned, as they stand to gain substantial profits if the Chinese stock market continues to rise significantly.

ChainCatcher news, QCP Capital's latest analysis points out that the Chinese stock market has shown weak rebound after the long holiday, and the government report failed to introduce new economic stimulus measures. The MSCI Asia-Pacific stock index recorded its largest decline in a month. The US stock market also fell overnight, mainly affected by large tech stocks and geopolitical tensions, with the VIX index rising to 22 points.The cryptocurrency market's volatility remains stable, with recent implied volatility at 43%, which is 3 percentage points lower than the 7-day historical actual volatility. Previously, Bloomberg reported that since the end of September, Chinese investors may have sold USDT to fund stock purchases, while Bitcoin prices remained stable. As the rebound in the Chinese stock market weakens, it is expected that funds may be reallocated to the cryptocurrency market, reflecting the increasing maturity of the crypto industry as another risk asset.QCP believes that due to the upcoming earnings season and CPI data release, the stock market may face downward risks in the short term, which could challenge its high valuation. Geopolitical tensions further increase market uncertainty. QCP remains mid-term optimistic, expecting election-related news to continue to drive the cryptocurrency market.

ChainCatcher news, according to Hong Kong media Ming Pao, blockchain data company Kaiko's senior research analyst Dessislava Aubert pointed out that since the end of September, the world's largest stablecoin USDT, which is pegged to the US dollar, has occasionally fallen below the fundamental exchange rate of 1 dollar. Hashkey CEO Ong Hsiu Chi stated that if traders are eager to convert their funds back to fiat currency, it can be inferred that they are rushing to buy Chinese stocks.In addition to retail investors, some institutional investors are also increasing their holdings in Chinese stocks. Crypto hedge fund MNNC Group indicated that some of its institutional investor clients have also shifted their fund allocations to Chinese stocks. On the Binance platform, each USDT can be exchanged for 6.78 to 6.98 yuan, while in the traditional currency market, the offshore yuan to US dollar exchange rate is around 7.09. Due to the discount of USDT relative to the US dollar, investors may choose to buy USDT with US dollars, then exchange it for yuan for arbitrage, investing in the Chinese stock market for higher returns.Goldman Sachs upgraded its investment rating for the Chinese stock market to "overweight" over the weekend, expecting an upside potential of 15% to 18% for Chinese stocks.