ChainCatcher news, Alankar Saxena, co-founder of the Indian cryptocurrency exchange Mudrex, issued a statement saying that the platform has suspended cryptocurrency withdrawals and expects to resume normal services after completing compliance upgrades on January 28.The suspension aims to strengthen compliance measures and prevent bad actors from exploiting the platform. The statement clearly indicated that INR fiat withdrawals are unaffected, user funds are completely safe, and cryptocurrency and INR deposit services are still operating normally.

ChainCatcher news, according to monitoring by The Data Nerd, a diamond hands investor purchased 40.81 million MLG with 17 SOL 9 months ago, subsequently sold 33.3 million tokens, and currently still holds 7.51 million MLG. This diamond hands investor expects a profit of approximately 1.3 million USD, achieving about 529 times return.

ChainCatcher news, according to Freepressjournal, the special PMLA court in India has rejected the release request of Hemant Bhope and his wife Lata. The couple is accused of being involved in one of India's largest Bitcoin Ponzi schemes, reportedly involving a Delhi-based company, Variabletech Pvt Ltd (VTPL). The defendants conspired to lure investors into purchasing Bitcoin and encouraged others to invest in the company's fraudulent activities, with the scheme amounting to as much as 66.06 billion rupees.

ChainCatcher news, according to crypto.news, the supermarket chain Whole Foods, which is listed on Nasdaq, is currently accepting Bitcoin payments through a third-party application, allowing customers to purchase groceries with cryptocurrency. Although the company does not currently hold cryptocurrency in its treasury, it is reported that its parent company is considering this move.

ChainCatcher news, Nasdaq-listed cryptocurrency mining chip design company Nano Labs announced that it has agreed to hold Bitcoin as a long-term strategic reserve asset, which will be managed and operated by its subsidiary Nano bit. Nano bit plans to collaborate with BitFi to launch a Bitcoin asset management solution.

ChainCatcher message, Bybit officially announced that due to the latest policies from Indian regulatory authorities and the continuation of previously implemented restrictions, Indian users will temporarily be unable to open new trades or access any products on the Bybit platform starting from 8 AM UTC on January 12, 2025. The only exception is the withdrawal function, which will remain available for user convenience. The specific impacts include:Trading and deposits: All cryptocurrency and fiat trading products will stop accepting new orders, and existing derivative positions will be adjusted to "close only" mode, with no new or modified positions allowed. The deposit functions for cryptocurrencies and fiat will also be temporarily halted.Copy trading and trading bots: All master-slave relationships in copy trading and trading bots will terminate before 5 AM UTC on January 13.P2P advertisements: All advertisements priced in Indian Rupees (INR) will be removed at 8 AM UTC on January 12.Bybit stated that it will continue to comply with relevant regulations, provide compliant services to users, and offer convenient withdrawal channels for affected users.

ChainCatcher news, according to official information, the Canadian listed company Sol Strategies Inc. (CSE: HODL), focused on investing in the Solana ecosystem, announced the completion of a private placement financing of 27.5 million Canadian dollars, fully subscribed by ParaFi Capital. The funds will be used to expand SOL reserves, grow the validator business, and for daily operations.This financing includes convertible debenture units, each unit consisting of a 1,000 Canadian dollar face value convertible debenture and 400 warrants, with an annual interest rate of 2.5%. The conversion price and the exercise price of the warrants are both 2.50 Canadian dollars per share. The convertible debentures can be redeemed three years later at 112% of the face value plus accrued interest, with the closing expected to be completed on January 16, 2025.

ChainCatcher news, according to Cointelegraph, American tech giant Microsoft plans to invest $3 billion over the next two years to expand its cloud computing and artificial intelligence capabilities in India. This investment includes a partnership with the Indian government on an AI-focused initiative called INDIAai, which aims to provide AI training for 500,000 people and establish new data centers.Additionally, Microsoft has signed strategic partnerships with RailTel, Apollo Hospitals, Bajaj Finserv, Mahindra Group, and upGrad. Microsoft will also provide benefits from the Founders Hub program to up to 1,000 AI startups in India, such as Azure credits, business resources, and mentorship.

ChainCatcher news, according to Bitcoin.com, multiple insiders from the Federal Deposit Insurance Corporation (FDIC) in the United States have exposed a series of misconducts by the agency in Operation Chokepoint 2.0 (a crackdown on the crypto industry).According to the revelations, the FDIC employed various means to evade the disclosure requirements of the Freedom of Information Act (FOIA), including marking documents as attorney-client privileged, conducting incomplete searches within regional systems, and hiding documents generated on collaborative platforms like Microsoft Teams. Insiders claim that about 150 key documents were not submitted.At the same time, the FDIC has also been accused of conducting social media investigations on several well-known figures in the industry, including Coinbase Chief Legal Officer Paul Grewal, WSPN CEO Austin Campbell, Custodia Bank founder Caitlin Long, Castle Island Ventures founder Nic Carter, and Unchained podcast regulatory reporter Veronica Irwin. Insiders stated that they were personally assigned to investigate whether these individuals posed a threat to the FDIC.

ChainCatcher news, according to the Financial Times, informed sources revealed that Musk has privately discussed with allies how to replace Starmer as Prime Minister of the UK before the next election. The sources stated that Musk is exploring how he and his right-wing allies can undermine the UK Labour government, in addition to posting radical messages on X.According to relevant individuals, Musk has been seeking information to understand whether it is possible to garner support for an alternative political movement in the UK—particularly the right-wing populist Reform Party—so as to force a change in Prime Minister before the next election. Musk has developed a keen interest in UK politics over the past six months and has increasingly sharp criticisms of the Starmer government. (Jinshi)

ChainCatcher news, according to Cointelegraph, the bankrupt cryptocurrency exchange FTX stated that the acquisition of its European branch FTX EU by the cryptocurrency exchange Backpack has not yet been approved by the bankruptcy court, and Backpack has not been authorized to distribute funds to FTX creditors.Backpack announced on January 7 that it has acquired FTX EU and stated that it will assume the responsibility of repaying debts to EU customers as part of the court-approved bankruptcy process. Backpack founder Armani Ferrante stated that his exchange will not conduct any transactions in the EU until it can repay FTX creditors, adding that it may be ready as early as February.However, FTX stated in a statement on January 8 that Backpack's "claim" of acquiring FTX EU has not occurred and has not been approved by the U.S. Bankruptcy Court for the District of Delaware, adding that all statements released by Backpack were made without FTX's knowledge. FTX debtors had previously agreed to sell FTX EU to some "former insiders" of FTX Europe under a settlement agreement supervised by the bankruptcy court, but only stated that they were informed that these former insiders had agreed to indirectly transfer FTX EU to Backpack. FTX also noted that Backpack has not been granted the authority to manage the repayment to creditors.

ChainCatcher news, according to official sources, Canadian-listed Solana blockchain and ecosystem infrastructure company Sol Strategies has announced the acquisition of on-chain validator service provider Orangefin Ventures. The specific acquisition amount has not been disclosed, and Orangefin Ventures founder Max Kaplan will join the company as the head of staking operations.According to disclosed data, after the completion of this acquisition, Sol Strategies has increased the number of SOL tokens staked in its validator business to 1,505,145, valued at over 400 million Canadian dollars.ChainCatcher previously reported that the publicly listed company Sol Strategies (stock code: CYFRF, HODL.CN) announced on Monday that it will invest 25 million Canadian dollars in the Solana ecosystem through unsecured credit instruments.

ChainCatcher news, on Tuesday morning local time, Elon Musk praised the Canadian opposition leader Pierre Poilievre for supporting Bitcoin, after Musk had been attacking European politicians for several days. Musk posted a video on X where Poilievre explained that the best way to tackle inflation is to cut government spending, aligning with the goals of the U.S. Department of Efficiency (DOGE) co-led by Musk.After Justin Trudeau announced his resignation on Monday, Conservative leader Pierre Poilievre will run for Prime Minister. Polls show that Canadian voters are particularly concerned about the cost of living. "Clearly expressed," Musk wrote on X.For years, Poilievre has supported Bitcoin, having appeared on cryptocurrency podcasts and expressed a desire for Canada to become the "world blockchain capital." As early as 2022, this Conservative politician stated that "Canadians should have the freedom to use other currencies, like Bitcoin," because the government is "destroying" the Canadian dollar. Trudeau at the time criticized this statement as "reckless."Polymarket predicts an 89% chance of Poilievre being elected as the next Prime Minister of Canada, far ahead of second-place Chrystia Freeland. (Decrypt)

ChainCatcher news, publicly traded company Sol Strategies (stock code: CYFRF, HODL.CN) announced on Monday that it will invest 25 million Canadian dollars in the Solana ecosystem through an unsecured credit facility.The unsecured revolving credit facility will accrue interest at a rate of 5% per annum, compounded daily. Sol Strategies has drawn 4 million Canadian dollars in principal and plans to use "the remaining funds to make large-scale purchases of Solana tokens to support its staking operations and acquisitions." According to the statement, it must utilize the entire facility by January 6, 2027.The company, headquartered in Toronto, is the latest initiative following the rebranding of Cypherpunk Holdings to become one of the major Solana stakers and ecosystem participants.In July last year, Cypherpunk Holdings appointed Leah Wald as CEO, shifting its focus to the Solana ecosystem. The company has sold several investments, including equity in Animoca Brands, which was previously its second-largest holding after Bitcoin, and it has also directly invested in SOL and Solana validators.As of December 31, 2024, Sol Strategies has staked over 1.5 million SOL (worth approximately 450 million Canadian dollars) in its validator operations, including over 140,000 SOL owned by the company.Last December, the company announced its intention to seek a listing on Nasdaq. From Wald's appointment as CEO to the end of last year, the price of HODL has increased by over 2,000%. (The Block)

ChainCatcher news, according to Jinshi reports, U.S. stocks opened with the Dow Jones up 0.32%, the S&P 500 up 0.37%, and the Nasdaq up 0.34%.NVIDIA (NVDA.O) rose about 2.5%, with its stock price reaching an all-time high, following the launch of several new products including the latest GeForce RTX 50 series GPUs. Micron Technology (MU.O) rose about 4%, as it will provide memory for NVIDIA's new GPUs.In the cryptocurrency sector, Microstrategy fell 2.78%, and Coinbase dropped 0.51%.

ChainCatcher news, Musk retweeted an interview video of Canadian prime ministerial candidate Pierre Poilievre, commenting "another masterpiece." In the video, Pierre Poilievre casually eats an apple while answering questions from reporters.It is reported that as the new leader of the Conservative Party, Pierre Poilievre is preparing to compete with current Prime Minister Trudeau for the position of Prime Minister in the 2025 federal election. Poilievre has been a public supporter of Bitcoin, having stated, "I want to make Canada the center of the world's blockchain." He also promised that during his tenure as Prime Minister, he would fire the central bank governor, audit the central bank's activities, and halt the development of central bank digital currency (CBDC). In a campaign event in March 2022, Poilievre used Bitcoin to buy a shawarma. He has also made many statements supporting cryptocurrency, including a post in 2022 where he promised that "buyers and sellers have the right to freely choose Bitcoin and other technologies."According to Polymarket data, the current prediction for "Canada's next Prime Minister" on Polymarket shows that candidate Pierre Poilievre has a support rate of 88%.

ChainCatcher news, according to Caixin, NVIDIA CEO Jensen Huang announced the launch of NVIDIA Cosmos, a foundational model designed to understand the real world. The Cosmos model can accept prompts in the form of text, images, or videos to generate virtual world states, serving as video outputs tailored to the unique needs of autonomous driving and robotics applications. Developers can leverage Cosmos to generate AI feedback for reinforcement learning, thereby improving policy models and testing performance in different scenarios.

ChainCatcher news, the listed digital asset company DeFi Technologies announced its monthly business data, with its subsidiary Valour reaching an asset management scale of 1.18 billion CAD (819 million USD) as of December 31, a decrease of 11% from the previous month and an increase of 133% year-on-year.Valour achieved a record net inflow of 56 million CAD (38.8 million USD) in December, thanks to the launch of ETPs such as SUI, DOGE, and APT, as well as 20 new digital asset ETPs on the Spotlight Stock Market.Additionally, as of the end of December, Valour's cash and USDT balance was approximately 22 million CAD (15.2 million USD), an increase of 25.6% from the previous month. Payable loans remained stable at around 8.3 million CAD (6 million USD). The company also increased its DOT holdings while maintaining a diversified asset portfolio, including 208.8 BTC, 121 ETH, 586,683 ADA, 131,616 DOT, 14,375 SOL, 490.5 UNI, 433,322 AVAX, and 1,701,703 CORE tokens. The total value of the portfolio was approximately 58.9 million CAD (40.7 million USD), a decrease of 16% from the previous month due to a decline in digital asset prices compared to the previous month.