ChainCatcher news, according to Bloomberg, based on the Bloomberg Billionaires Index, the personal wealth of Howard Lutnick, the Commerce Secretary nominated by Trump, is now at least $2.2 billion (mostly tied to the privately held Cantor Fitzgerald and its related companies). A person familiar with his financial situation stated that Lutnick's net worth may actually be close to twice that figure.

ChainCatcher news, FOX reporter Eleanor Terrett cited sources reporting that among the senior members of Trump's transition team, former SEC commissioner Paul Atkins remains the most likely candidate to lead the SEC. Paul Atkins is not only well-versed in cryptocurrency but also has an in-depth understanding of the agency's internal workings as a former commissioner and a staff member for former SEC chairs Richard C. Breeden and Arthur Levitt.

ChainCatcher news, the Movement Network Foundation announced the MoveDrop airdrop plan, aimed at rewarding early users and community members of Movement. MoveDrop will allocate 1,000,000,000 $MOVE (10% of the total supply) to the community, with eligible users including: Road to Parthenon participants, Battle of Olympus winners, Gmovers, designated communities, and Movement testnet builders.Users can visit the MoveDrop website and register, with the deadline set for December 2, 2024, at 2 PM UTC. After the TGE (Token Generation Event), users can check their MoveDrop eligibility and claim the airdrop. Failing to register on time will result in the loss of MoveDrop claim eligibility.Users can choose to claim $MOVE on the Ethereum mainnet or wait until after the Movement Network mainnet launch (coming soon) to claim $MOVE, which will yield a 1.25x reward multiplier. The Movement Network Foundation also stated that it plans to distribute more $MOVE tokens in future events.Previous news, the Move language infrastructure Movement Network Foundation announced the tokenomics of its token $MOVE, with a total supply of 10 billion, an initial circulation of about 22%, and 60% of the total will be allocated to the community, including ecosystems and communities, the foundation, and initial claims.

ChainCatcher news, FOX reporter Eleanor Terrett posted on social media that, according to two sources close to the discussions at Mar-a-Lago, former SEC commissioner Paul Atkins remains the most likely candidate to lead the SEC among senior members of Trump's transition team.

ChainCatcher news, the ZKsync community has submitted the on-chain proposal [ZIP-002], which proposes to reduce the execution delay from 21 hours to 3 hours. The voting for ZIP-002 will start on December 2 at 21:12. ZIP-002 aims to enhance the finality of transactions under the oversight of the newly established council while maintaining security.

ChainCatcher news, Mark Longo, the owner of the internet-famous squirrel Peanut and raccoon Fred, has launched a new token called "Justice for Pnut and Fred (JUSTICE)" on the Solana blockchain to commemorate his pets.He also accused the crypto community of profiting from his personal trauma, stating that this is one of the most painful experiences of his life, and that it is simply despicable for people to want to make money from it. PNUT community members countered that they had donated about $50,000 to Longo, but he immediately sold it.

ChainCatcher message, Lnfi Network releases token economics, with 60% of the tokens dedicated to the community, empowering a user-driven sustainable flywheel. 10% of the tokens are allocated for pre-launch trading mining rewards and airdrops.

ChainCatcher news, the Movement Network Foundation of the Move language infrastructure has announced the tokenomics of its token $MOVE, with a total supply of 10 billion tokens and an initial circulation of approximately 22%. 60% of the total supply will be allocated to the community, including the ecosystem and community, the foundation, and initial claims.The specific allocation is as follows:Ecosystem and Community: 40%Initial Claims: 10%Foundation: 10%Early Contributors: 17.5%Early Investors: 22.5%The $MOVE token will be gradually unlocked over 60 months, and the team and investors will not be able to participate in staking initially.The Movement Network Foundation stated that the $MOVE token will undergo TGE on the Ethereum mainnet. After the mainnet launch (coming soon), $MOVE holders can migrate cross-chain to the Movement Network. The gas fees of the Movement Network will be settled in $MOVE, and the use cases of the $MOVE token include: economic security staking, gas fees, governance and decentralization, and the native asset of the Movement Network.

ChainCatcher message, DEXX founder Roy stated that his team is fully investigating and identifying the hackers in collaboration with law enforcement agencies and several security companies, determined to recover the stolen funds. In the past week, the team has been working with multiple security experts to reconstruct and upgrade the asset security plan to ensure the safety of users' assets going forward. The team is currently formulating a compensation plan and will carefully verify every transaction for affected users.He also mentioned that DEXX has obtained a lot of valid information through legal channels, and if the hackers proactively contact within 48 hours and are willing to communicate with a problem-solving attitude, otherwise, they will be pursued to the end.

ChainCatcher message, according to community users monitoring on-chain data, after Binance announced the launch of CHEEMS and WHY, the first large purchase address for CHEEMS was 0x94d5Dec1796404ff3544FB09461AF0bC3fb3c2F6, accumulating about 200,000 USD, and ultimately exited with a "halving" loss.The first large purchase address for WHY was 0x03b7C1414857Ae0bCa09116d4A01175D4d9B86ad, accumulating about 200,000 USD, and during the buying process encountered an on-chain trading bot "sandwich attack," ultimately resulting in a loss of about 25,000 USD.

ChainCatcher news, Dr. Ye Zhi Heng, Executive Director of the Intermediaries Division of the Hong Kong Securities and Futures Commission, stated that virtual assets have now become a top agenda for every financial regulatory authority.Hong Kong currently has three licensed virtual asset trading platforms, and is processing applications from an additional 15 platforms. Investors can expect more licensed platforms to comply with the SFC's robust investor protection measures.

ChainCatcher news, the chairman of the Financial Services Commission of Korea, Kim Byung-hwan, recently stated: "The prices of virtual assets have surged significantly in the short term, and the volatility of the market itself is also very high, so the government needs to closely monitor and focus on whether there are any abnormal transactions in virtual assets." The Financial Supervisory Service plans to check the operational status of the abnormal transaction monitoring system for virtual asset exchanges in the near future.Regarding the fact that the trading volume of the virtual asset market has exceeded that of the stock market, he stated: "If we look at the two markets, funds should flow into the stock market."He added: "We all recognize that the stock market is very important for the healthy cycle of our economy, but due to doubts about the positive impact of virtual assets on the real economy, it is necessary to study the situation where their trading volume remains high."

ChainCatcher message, cryptocurrency supporter Howard Lutnick, who has been nominated by Trump as Secretary of Commerce, previously stated that he would resign from his positions at Cantor, BGC, and Newmark after Senate approval. Howard Lutnick currently serves as CEO of Cantor, and he plans to transfer the company's Tether business relationships to a colleague, who is reportedly likely to be his son Brandon Lutnick. Brandon Lutnick previously interned in Tether's Swiss operations and is currently working at Cantor. It is said that during his internship in Lugano, he counted the gold bars backing Tether Gold, which supports Tether's value of $660 million.

ChainCatcher news reports that, according to the U.S. police, a Florida man impersonated billionaire Elon Musk on Facebook and scammed over $250,000 from an elderly woman.Earlier this week, police arrested 56-year-old Jeffrey Moynihan, Jr. on charges of grand theft. The Bradenton Police Department stated that financial records show the victim, a woman from Texas, sent at least $250,000 to Moynihan's company in Florida. The victim's husband further told police that she had sent a total of "about $600,000" to Moynihan.Bradenton police said they arrested Moynihan at his home on November 19, noting that the real Elon Musk was likely busy with the sixth SpaceX Starship test flight that day.Police stated that the 74-year-old victim became friends on Facebook with an account named "Elon Musk" in 2023. The woman communicated with the fake account for "months," during which the impersonator encouraged her to invest in his business.The "fake Musk" promised the woman a $55 million return on her investment. However, police indicated that the money went directly into Moynihan and his company "Jeff's Painting and Pressure Washing, LLC" bank accounts.In body camera footage released by the police, Moynihan questioned why they had issued an arrest warrant when he was taken into custody. He asked in the video, "Grand theft? What did I steal?" It is currently unclear whether Moynihan has hired a lawyer. The Bradenton Police Department has not yet commented on this matter.

ChainCatcher news, according to Cryptonews, the chairman of the Financial Services Commission (FSC) of South Korea, Kim Byung-hwan, stated in a television interview that there are currently no plans to establish a national Bitcoin reserve.Kim Byung-hwan pointed out that South Korea will make decisions after observing the reactions of other countries to Trump's cryptocurrency adoption plan. He emphasized that the FSC currently prioritizes investor protection issues and remains vigilant about the rapid growth of the cryptocurrency market. It is reported that although South Korea implemented the "Virtual Asset Protection Act" in July this year, regulatory agencies still need to carefully assess the actual impact of cryptocurrency assets on the economy.

ChainCatcher message, the Chief Investment Officer of Goldman Sachs Private Wealth stated: "We do not recommend investing in cryptocurrencies as an asset class."

ChainCatcher message, Meme Godfather Murad posted on the X platform, stating that investing in Meme coins is essentially investing in the community. The key is to find a community with the following characteristics:People who work hard every day;More than 6 months old;Has withstood multiple significant drops;Number of holders increasing every month;Target amount exceeding $20 billion;Large distribution + diamond hands

ChainCatcher message, Meme God Murad posted on the X platform stating that Memecoin is not related to gambling, but rather to survival. Which Memecoins are most likely to survive, persist, and thrive? The answer is those with the most stubborn, continuous growth and the most loyal communities, where people do not want to leave once they join.