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 news, the dollar fell ahead of the U.S. employment data release, which could change the Federal Reserve's rate cut expectations. Antje Praefcke, a foreign exchange analyst at Commerzbank, stated in a report that the dollar may "fluctuate back and forth" on Wednesday and Thursday, but "almost no one will dare to take a heavy position in one direction," as Friday's report will be decisive.She noted that the employment data for August is particularly important, as the report for July had already sparked speculation about larger rate cuts. (Jin Shi)

ChainCatcher news, according to The Block, Circle Internet Financial announced a partnership with the joint venture Overdare, established in collaboration with South Korean gaming and metaverse giants Krafton and Naver Z Corporation, aimed at building a large-scale metaverse platform similar to Roblox.The platform will utilize Circle's programmable wallet, enabling users to receive USDC payments. The Overdare platform is expected to launch in the second half of 2024, offering AI-generated tools and planning to integrate the Cosmos-based Layer 1 blockchain Settlus to establish a revenue distribution model for creators.

ChainCatcher news, Animoca Brands announced on its X platform that its subsidiary Darewise has established a strategic partnership with DFZ Labs. Both parties will work together to promote Web3 development and expand their respective gaming communities.

ChainCatcher news, Darewise, a developer under Animoca Brands, announced a collaboration with Honda and Animoca Brands Japan to create new game mechanics and assets featuring Honda cars for the upcoming blockchain game "Life Beyond." This includes in-game items, events, and NFTs based on Honda models, which players can use to travel in the game world.It is reported that "Life Beyond" is a free online game developed by Darewise Entertainment, set on the fictional planet Dolos, which will provide an open world where players can build a civilization driven by a tokenized player economy using NFTs.

ChainCatcher news, Darewise Entertainment, a developer under Animoca Brands, announced a partnership with Horizen Labs to launch a Bitcoin-based metaverse ecosystem token.According to the announcement, this token will be the first to provide complete ecosystem support for Bitcoin for games, brands, and real-life experiences, while Life Beyond is the first game metaverse to use the token for in-game assets, virtual assets, land, and more.

Chain Catcher news, the final block of the Ethereum PoW era quotes the American ethnobotanist Terence McKenna with the message: "As long as you are brave enough to make a commitment, the world will help you remove the insurmountable obstacles. Go fulfill your unfinished dreams, the universe will never suppress your progress. This is the essence."According to data from OKLink, Ethereum reached a total terminal difficulty (TTD) of 58,750,000,000T at 14:43, and the final block of the Ethereum PoW era was mined by F2Pool, with a height of 15537393. (Source link)