ChainCatcher news, according to Jinshi reports, Russian President Putin stated that Russia will provide BRICS partners with the opportunity to use digital currency in the investment process.

ChainCatcher message, according to The Data Nerd monitoring, 4 hours ago, Galaxy Digital deposited 310 WBTC to Binance, approximately 21.03 million dollars.

ChainCatcher news, according to Cointelegraph, the Depository Trust & Clearing Corporation (DTCC) has announced the launch of an open digital sandbox ecosystem called "DTCC Digital Launchpad." The platform is designed to enable market participants and technology providers to initiate pilot projects with clear production pathways to address pain points in capital market infrastructure.DTCC has invited a group of participants to join the Digital Launchpad to develop solutions for key collateral management pain points. The relevant results will be announced in the first quarter of 2025. Meanwhile, DTCC clients can access the DTCC digital asset product suite in the sandbox environment, allowing them to develop their own use cases without significant investment.Previously, DTCC successfully completed a proof of concept with the Japan Securities Clearing Corporation (JSCC), demonstrating the potential of digital technology in collateral management. JSCC minted tokens representing cash, stocks, and bonds using DTCC infrastructure and integrated margin calls and digital asset access processes through smart contracts.Nadine Chakar, Global Head of Digital Assets at DTCC, stated that the company aims to challenge the "isolated approach" of the digital asset industry, with the ultimate goal of bringing together industry forces to build a secure and efficient digital market infrastructure and standards.

ChainCatcher news, according to CoinDesk, Galaxy Digital's latest report shows that global cryptocurrency startup investments in the third quarter of 2024 amounted to $2.4 billion, a 20% decrease from the previous quarter, with the number of investment deals down by 17%. Alex Thorn, head of research at Galaxy Digital, stated that the high interest rate environment, the launch of spot crypto ETFs, and the shadow of the industry's collapse in 2022 are still affecting institutional investors' decisions.In the first three quarters of this year, the crypto industry has accumulated $8 billion in investments, and the total financing for the year is expected to be roughly on par with 2023, far below the levels of over $30 billion per year in 2021 and 2022. Nevertheless, Thorn pointed out that the ETF-driven market rally is intensifying competition among venture capital firms, benefiting entrepreneurs in obtaining better valuation conditions.The report indicates that 85% of the funds are directed towards early-stage projects, with the exchange, lending, and trading platform sectors attracting the most investment, approximately $460 million. The United States remains the primary source of investment, accounting for 56% of the total investment amount. Projects that combine crypto and artificial intelligence received about $270 million in investments, a fivefold increase from the previous quarter.

ChainCatcher news, according to CoinDesk, the development team of the decentralized EVM platform Mento on the Celo network, Mento Labs, announced the completion of a $10 million funding round. This round of financing was supported by T-Capital, HashKey Capital, Richard Parsons, Flori Ventures, No Limit Holdings, Verda Ventures, and w3.fund.Mento Labs also announced a stablecoin roadmap, planning to add three local digital currencies to its expanding decentralized stablecoin lineup: Philippine Peso (PUSO), Colombian Peso (cCOP), and Ghanaian Cedi (cGHS).According to project documentation, the Mento stability protocol can be seen as an over-collateralized, decentralized, and transparent stable asset mechanism. The protocol utilizes crypto reserves, allowing users to adjust the supply of Mento stable assets based on changing demand. Users can exchange between Mento stable assets and reserve collateral assets through the protocol.Additionally, the Web3 asset data platform RootData shows that Mento Labs is an innovation lab for stablecoins and digital assets, derived from cLabs (Celo). The lab provides a basket of cryptocurrency asset platforms for Mento, with all Mento stablecoins (cEUR, cREAL, cUSD) fully backed by USDC and DAI. Furthermore, Mento also has support for loyalty and engagement, regenerative finance, as well as risk management, monitoring, and maintenance.

ChainCatcher news, according to @ai_9684xtpa's monitoring, North American Bitcoin mining company Marathon Digital is suspected of entrusting Galaxy Digital to sell 370 BTC, worth approximately 24.83 million dollars.After multiple transfers, Marathon transferred 370 BTC to Galaxy 9 hours ago, and the latter had already deposited the tokens into Binance four hours ago; Marathon currently still holds 12,837 BTC, valued at 862 million dollars.

ChainCatcher news, recently, the Oak Grove Ventures - Zhejiang University School of Software Blockchain Joint Laboratory team won the first prize at the CCF2024 China Digital Services Conference Service Computing Innovation Competition.This competition is co-hosted by the Teaching Guidance Committee for Software Engineering of the Ministry of Education of China and the Service Computing Special Committee of the China Computer Federation, making it one of the most influential events in the field of computer science in China, and it enjoys a high reputation internationally.The goal of the award-winning project is to utilize new generation information technologies (such as the Internet of Things, artificial intelligence, big data, etc.) to build a wide-ranging, responsive, and highly intelligent water area supervision system. Through technological innovation, this system can significantly enhance the efficiency and accuracy of water area supervision, achieve rapid identification and response to malicious behaviors, provide scientific basis for ecological protection of water areas, and ultimately realize intelligent water area governance. This project not only showcases the team's outstanding capabilities in scientific research and innovation but also highlights their excellent spirit of collaboration.

ChainCatcher news, the Chief Executive of the Hong Kong Special Administrative Region, John Lee, stated that the government will continue to promote the policy stance and guidelines for innovative financial services applications of central bank digital currency, mobile payments, virtual banks, virtual insurance, and virtual asset trading using artificial intelligence.Measures include: 1. Promoting the application of central bank digital currency for cross-border payments. The Hong Kong Monetary Authority is actively testing and exploring more technological solutions and scenarios related to cross-border trade settlement on various central bank digital currency cross-border networks, and expanding the participation of public and private institutions. 2. Improving the regulation of virtual assets and trading. The Financial Services and the Treasury Bureau will complete the second round of consultation on the regulation of over-the-counter trading of virtual assets and submit a virtual licensing system to regulate virtual asset custodial service providers. 3. Promoting the tokenization of real-world assets and the digital currency ecosystem. The Hong Kong Monetary Authority is promoting the progress of the Ensemble project.

ChainCatcher news, JPMorgan analysts stated in their latest report that they are optimistic about digital assets in 2025, mainly due to the rise of "devaluation trading." As geopolitical tensions escalate and the U.S. elections approach, investors may turn to gold and Bitcoin to hedge against economic instability. The report also mentioned that the approval of spot Bitcoin ETFs, the nearing completion of bankruptcies in the crypto market, and the potential return of cash from the FTX bankruptcy will all drive growth in the digital asset market.

ChainCatcher news, global tier-one crypto venture capital firm K24 Ventures today announced the launch of its active on-chain secondary fund, with an initial fund size of $5 million, focusing on secondary market trading of on-chain digital assets. The fund's investment strategy will combine various screening tools such as on-chain research, whale analysis, and community consensus, with a particular focus on early meme coin projects.K24 Ventures believes that meme coins have become an important part of crypto culture, widely recognized by users, institutions, and major trading platforms, thus possessing significant investment potential. The fund plans to achieve substantial returns in the future through investments in on-chain assets and early meme coins.Founded in 2019, K24 Ventures' primary venture capital fund focuses on multiple areas within the crypto industry, including infrastructure, DeFi, AI, GameFi, and early investments in the Bitcoin ecosystem. In addition, K24 Ventures provides comprehensive support services for its investment projects, covering global KOL promotion, community building, market traffic strategies, and listing guidance, to assist in the long-term development of projects.

ChainCatcher news, Bitcoin mining company Bit Digital (BTBT) announced the acquisition of the Enovum data center located in Montreal, Canada, for $46 million. This is a Tier 3 high-performance computing (HPC) facility. According to investor presentations, the data center is "100% leased, with a contract stipulating a capacity of 4 megawatts."The funding for this acquisition primarily comes from its cash reserves, as well as approximately 1.62 million newly issued BTBT shares. It is currently unclear whether Bit Digital liquidated any of its digital assets to fund this transaction. As of June 30, the company reported cash of $61.7 million, and as of September 30, it held Bitcoin and Ethereum valued at $118 million.

ChainCatcher news, according to Lookonchain monitoring, in the past 14 hours, the Galaxy Digital OTC wallet deposited 13,580 ETH to Coinbase, OKX, and Binance, worth approximately 34.3 million USD.

ChainCatcher news, the Hong Kong Monetary Authority has released a summary of the consultation on the proposed renaming of virtual banks, stating that virtual banks will be renamed as "digital banks," and guidelines will be revised to implement the new name as soon as possible.During the consultation period, a total of 26 submissions were received, including from industry or professional organizations, virtual banks, and citizens. Respondents generally supported the renaming proposal, with most also agreeing to the suggested new name "digital banks." The Monetary Authority will revise the guidelines on the "Recognition of Virtual Banks" to implement the new name digital banks as soon as possible.

According to ChainCatcher news, the CoinShares report states that last week the inflow of funds into digital asset investment products was $407 million.The report indicates that investors' decisions may be more influenced by the upcoming U.S. elections rather than the outlook for monetary policy. Stronger-than-expected economic data had little impact on preventing capital outflows, while the recent U.S. vice-presidential debate and subsequent polls shifting towards the Republican Party, which is perceived to be more supportive of digital assets, led to inflows and an immediate rise in prices.As expected, possibly due to the political nature of the recent inflows, the U.S. saw an inflow of $406 million, while another country with significant inflows was Canada, with an inflow of $4.8 million. The total inflow for Bitcoin reached $419 million, making it the main beneficiary of recent political changes.In contrast, short-term Bitcoin investment products experienced an outflow of $6.3 million.

ChainCatcher news, according to on-chain analyst @ai_9684xtpa's monitoring, in the past 2 hours, the Galaxy Digital OTC address 0x335...75836 has deposited 7,000 ETH to OKX and Binance, worth 17.48 million USD.Currently, the address still holds 6,886 ETH, with a total value of 17.3 million USD.

ChainCatcher message, according to The Data Nerd monitoring, 2 hours ago, a wallet 187f5 (belonging to Galaxy Digital) withdrew 57 BTC (approximately 3.56 million USD) from Binance.The wallet has accumulated 500 BTC (approximately 31.38 million USD) in a week and currently holds a total of 3912 BTC (approximately 244.45 million USD).

ChainCatcher news, Worldcoin recently shared an important project update in San Francisco. Developers stated that the project has "significantly" grown over the past five years, and the time has come to enter the next stage of development.At the upcoming "A new world" live event in San Francisco on October 17, Tools for Humanity (TFH) CEO Alex Blania and OpenAI CEO Sam Altman will discuss the global initiative's "meaningful updates" alongside key members of the Worldcoin Foundation and TFH.These key updates include improved digital technologies and methods to bring more users into the Worldcoin network, aiming to expand the project from the current approximately 7 million verified users to 700 million or even "more," while also providing essential tools to help everyone share in the "benefits" of the artificial intelligence era.

ChainCatcher news, the WeChat official account of the People's Court of Laiwu District, Jinan City announced typical cases of the application of the Civil Code in Shandong courts 167, the legal attributes of digital collectibles and the validity of their trading behavior (Yang vs. a cultural creative company in a sales contract dispute). The key points of the ruling indicate that digital collectibles are a type of online virtual property. Currently, there are no legal prohibitions against the issuance and trading of digital collectibles in our country. As long as the parties involved have the corresponding civil capacity and their intentions are genuine, the trading behavior of digital collectibles between civil subjects should be recognized as legal and valid.Digital collectibles have both collection and investment attributes, which carry a high market risk. Buyers aiming to profit from the price differences in the secondary market for digital collectibles should not be recognized as consumers under the "Consumer Rights Protection Law" and should bear the corresponding risks of market price fluctuations.