ChainCatcher news, according to Cryptonews, the Russian Federal Tax Service has confirmed that Russian companies are applying for cryptocurrency mining licenses, with 150 applications submitted so far. The head of the Federal Tax Service, Daniil Egorov, stated that these applications were all submitted after November 1. Registrants must provide the Federal Tax Service with the cryptocurrency assets they mine, cryptocurrency wallet addresses, and other data.Private miners with a monthly electricity consumption of no more than 6,000 kilowatt-hours (kWh) are exempt from registration.

ChainCatcher news, according to The Block, the Consumer Financial Protection Bureau (CFPB) finalized a rule this Thursday that grants it the authority to regulate "large non-bank companies," but explicitly excludes crypto assets. The CFPB stated that this rule only applies to transactions denominated in U.S. dollars.The new rule is titled "Defining Larger Participants in the Market for General Digital Consumer Payment Applications" and applies to non-bank financial companies that process more than 50 million transactions annually, requiring them to comply with the same rules as large banks and credit unions. The CFPB emphasized that the definition of "annual covered consumer payment transaction volume" is limited to transactions denominated in U.S. dollars and does not include digital assets such as Bitcoin and stablecoins.The crypto industry and some Republican lawmakers had previously expressed concerns about the potential impact of the rule on crypto assets. The DeFi Education Fund welcomed this and stated that the regulation of digital assets should be led by Congress, not regulatory agencies.

ChainCatcher news, the Planning and Finance Committee of the Korean National Assembly held a subcommittee meeting to discuss issues related to the postponement of cryptocurrency asset taxation, but ultimately decided to table the proposal. This decision was made to prioritize the review of other proposals, and the tabled proposals will be compiled for further discussion.The topics discussed in the meeting included: postponement of cryptocurrency asset taxation, calculation of acquisition prices, scope of tax data submission, and adjustments to the basic deduction amount, but no conclusions were reached. Currently, there is a significant divergence between the ruling party and the opposition regarding the postponement of cryptocurrency asset taxation. If the plan proceeds as scheduled, the relevant proposals are expected to resume discussions next week.

ChainCatcher message, according to the Cyvers Alerts system monitoring, polterfinance has reported an attack event on the Fantom chain, with over $7 million in crypto assets stolen. The attacker initially obtained funds on Ethereum through Tornado Cash, and the funds were later bridged to Fantom.The team has taken immediate action:The platform is suspended to control the vulnerability.The bridge has been notified, and the involved wallets have been traced to Binance.An active investigation into the vulnerability is underway.

ChainCatcher news, according to Jinshi reports, the Norwegian government has proposed a requirement to disclose the ownership of cryptocurrency assets.

ChainCatcher news, according to DeFiLlama data, Binance has seen a net inflow of $1 billion for two consecutive weeks, bringing the net inflow for November to over $5 billion, a figure that is five times that of the second-largest platform. This significant growth highlights Binance's position as the preferred trading platform amid a surge in market demand and heightened user interest in crypto assets.Additionally, on November 6, the Binance App recorded over 13 million visits in a single day, reflecting the increased attention following the announcement of the U.S. presidential election results.According to records from DeFiLlama, Binance's user asset holdings have reached $130 billion, marking the highest user asset holdings since Binance began disclosing reserve proofs two years ago.Meanwhile, a report from CryptoQuant indicates that Binance's reserve percentage (showing the proportion of reserves held by Binance compared to all exchange reserves) has climbed to 25% this month, up 4% from 21% in November 2023.

According to ChainCatcher news, data from RootData shows that the Sentinel Protocol token (UPP) has increased by 16.99% in the last 24 hours, currently priced at $0.076.Additionally, the Web3 asset data platform RootData indicates that Sentinel Protocol is a blockchain security intelligence platform (SIPB) designed to protect valuable crypto assets from hacking, scams, and fraud. The Sentinel Protocol leverages blockchain technology to optimize system availability and integrity, while also utilizing consensus and incentive schemes to share collective security intelligence. The operation of Sentinel Protocol is based on the collective wisdom of cybersecurity experts and preventive security measures, such as machine learning for behavior modeling and cost-effective distributed sandboxes.

ChainCatcher news, the Victoria Police in Australia has seized cryptocurrency for the first time following recent legal amendments, amounting to $142,679. This legal amendment allows the police to control digital assets.On October 31, Victoria Police released its 2023-2024 annual report, highlighting the "new powers" obtained after the addition of "SECT 92A Seizure of Digital Assets by Warrant" in the 1997 Confiscation Act.Since August 1, 2023, this legal change has granted the police in Victoria the authority to seize cryptocurrencies held by criminals through search warrants.

ChainCatcher news, according to Protos, Terra founder Do Kwon was arrested in Montenegro on March 23, 2023, but his electronic devices were not handed over to the investigating judge until June of that year.An official from the Montenegrin special police told Portal ETV that during a search of inmates, including Do Kwon, laptops, mobile phones, cryptocurrency wallet login information, and "other codes to access the blockchain" were discovered.Two sources stated that at least three cryptocurrency transactions were made using Do Kwon's cryptocurrency wallet during his detention. This information was obtained through accounts related to a mobile phone company in Podgorica.

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, according to official sources, Crypto.com has stated that it has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC) and has also announced that it has filed a lawsuit against the SEC.The Wells Notice indicates that SEC staff believe the company may have violated federal securities laws. The company is currently assessing the situation and preparing to respond to the allegations.Crypto.com states that its lawsuit argues that the SEC has unilaterally expanded its jurisdiction beyond statutory limits and that the SEC has established an illegal rule that almost all transactions of crypto assets are securities transactions, regardless of how they are sold, while the same transactions of Bitcoin (BTC) and Ether (ETH) are not.

ChainCatcher news, according to Lookonchain monitoring, Fenbushi Capital "cut losses" and sold $5.14 million worth of crypto assets 3 hours ago, including:136,094 EIGEN (approximately $514,000)146,537 UNI (approximately $1.13 million)10.17 million SNT (approximately $244,000)10,681 COMP (approximately $509,000)11,616 AAVE (approximately $1.9 million)344,086 SUSHI (approximately $276,000)219 ETH (approximately $576,000)Records show that in this selling action, Fenbushi Capital incurred a loss of $2.44 million (-90%) on SUSHI, a loss of $2.27 million (-82%) on COMP, a loss of $1.53 million (-42%) on UNI, and a loss of $499,000 (-15%) on AAVE.

ChainCatcher News, Japanese listed company Remixpoint officially disclosed the details of its latest round of cryptocurrency investment on September 27, with a total expenditure of 750 million yen (approximately 5.27 million USD), purchasing 64.4 BTC (600 million yen), 130.1 ETH (50 million yen), 2,260.5 SOL (50 million yen), and 12,269.9 AVAX (50 million yen).This investment is the first execution of the "virtual currency purchase plan totaling 1.5 billion yen (approximately 10.55 million USD)" announced by the company on September 26, aimed at reducing the risk of yen depreciation through diversified investments and optimizing cash management strategies.

ChainCatcher news, according to The Block, Bitwise Chief Investment Officer Matt Hougan stated that an increasing number of top financial advisors are allocating cryptocurrency assets in their personal investment portfolios.At the Barron's Advisor 100 Summit held in Florida last week, Hougan mentioned that about 70% of advisors own Bitcoin or other cryptocurrency assets, while in the previous two years, this figure was only 10%-20%.Although many advisors' client accounts have not yet allocated Bitcoin, Hougan predicts that as advisors increase their personal allocations, client investments will follow closely behind, potentially seeing significant changes within 6 to 12 months. He believes this is an important signal of the financial industry's growing acceptance of cryptocurrency.

ChainCatcher News, the Japanese company Ceres operates the points website "Moppy" and a cryptocurrency exchange, with its stock price rising by 300 yen (22.7%) to close at the limit price of 1623 yen on the previous trading day.Ceres announced that starting from the end of December 2024, it will gift cryptocurrency worth 10,000 yen (approximately $69.29) to shareholders holding more than 100 shares at the end of December each year. It has not yet been clarified whether the gifted cryptocurrency will be Bitcoin (BTC) or another type.In addition, Ceres's collaboration with bitbank is also progressing, and bitbank is preparing for an IPO.