ChainCatcher news, according to DEGEN NEWS, Trump updated his status on his Truth Social account, announcing that Peggy Schwinn will become the next Deputy Secretary of Education. Currently, his launched personal meme coin TRUMP has still not been disproven.It is worth noting that he misspelled Penny Schwinn's name. Some community members believe that the possibility of Trump's social account being hacked has greatly increased.

ChainCatcher news, according to market data from RootData, the Whispers token (WHISP) has increased by 202.2% in the last 24 hours, currently priced at $0.0113.According to the Web3 asset data platform RootData, Whispers is a Web3 agent orchestration protocol that selects the most suitable agent for any given task and dynamically chooses the best option in real-time from multiple agents, ensuring seamless and efficient execution of crypto operations.

ChainCatcher news, according to Blockspace, Tether is suing financial services company Swan Bitcoin due to a contractual dispute over the two companies' Bitcoin mining joint venture.A Tether spokesperson wrote in an email: "Tether and its co-plaintiff 2040 Energy Limited have recently filed a lawsuit against Swan in the High Court of England and Wales." Tether stated: "Throughout our collaboration with Swan, Tether has always acted in good faith, supported our shared business objectives, and adhered to all relevant agreements.In contrast, Swan's actions have been reckless, leading them to seriously breach the agreement between us. Therefore, we are compelled to take necessary measures to protect our investment." Swan confirmed receipt of the lawsuit but declined to comment further. "Swan will vigorously defend its rights," the spokesperson added.

ChainCatcher news, the lawyer of suspended South Korean President Yoon Suk-yeol, Shin Dong-hyun, stated that Yoon is negotiating with the South Korean High-ranking Officials Crime Investigation Office (SPO) and will voluntarily attend the SPO investigation. The advance vehicle of the SPO has left the presidential residence and is heading to the SPO office located in Gwacheon, Gyeonggi Province.Just now, suspended South Korean President Yoon Suk-yeol will voluntarily walk out of the residence to accept the arrest warrant and head to the Gwacheon SPO.

ChainCatcher message, according to a recent report by BlackRock, the adoption rate of Bitcoin has surpassed that of past transformative technologies, including the internet and mobile phones.The report emphasizes that since its launch in 2009, Bitcoin has rapidly evolved from a niche innovation to a globally recognized asset, attributing this evolution to demographic trends, economic changes, and the ongoing digital transformation of finance.Compared to Generation X and the Baby Boomers, the younger generation (often referred to as "digital natives") is more inclined to embrace Bitcoin. Their familiarity with technology and preference for digital-first solutions make them the leading demographic for cryptocurrency adoption.Regarding economic shifts, trends such as rising inflation, geopolitical tensions, and concerns about the traditional banking system highlight the value of Bitcoin as a decentralized asset. As the global economy digitizes, BTC is becoming an indispensable part of the evolving financial landscape.

ChainCatcher news, according to the X platform, Musk did not unfollow Zhao Changpeng on X; it is a system error of the X platform.

ChainCatcher news, OKLink has officially released the 2024 Security Annual Report, which states that the cumulative losses from on-chain security incidents across the network amount to approximately $1.945 billion. The losses due to private key leaks have decreased by 65.45% compared to 2023, totaling about $305 million, which accounts for 16% of the total losses. Among these, phishing scams caused losses of $705 million, accounting for 36% of the total losses. REKT incidents and RugPull incidents caused losses of $383 million and $141 million, respectively.Mainstream public chains remain the primary targets for hacker attacks, with losses for major public chains such as BTC, ETH, and ARB reaching $744 million, $902 million, and $228 million, respectively. In 2024, OKLink continues to make efforts, providing core technical support to over 120 municipal-level units and successfully assisting in handling more than 300 cases, with a total amount involved of approximately $685 million.At the same time, OKLink also offers a variety of on-chain security tools and features, such as address monitoring and token authorization queries, helping users quickly check and manage the assets authorized to smart contracts by addresses, identify suspicious transactions and addresses, thereby preventing fraudulent transactions.

ChainCatcher news, according to Cryptodnes, Ripple CEO Brad Garlinghouse expressed his strong desire to work with the new leadership of the SEC, which has sparked speculation in the industry about the possibility of the lawsuit between the SEC and Ripple being dismissed or settled.Legal analyst Jeremy Hogan stated that the case might be resolved by April or May, although procedural requirements could extend the timeline. Under the current administration's leadership, the SEC is expected to make a final push before the leadership transition. With the deadline for submitting opening statements set for January 15, the agency may attempt to influence the direction of the case.However, industry insiders anticipate that the incoming pro-crypto leadership is expected to create a more favorable environment for Ripple, and a positive outcome could pave the way for the approval of an XRP ETF.

ChainCatcher news, according to Cointelegraph, today someone sold 5 Pudgy Penguins NFTs for a total price of $175, and it is speculated that the seller mistakenly thought the price of 35 USDT was 35 ETH ($117,000), resulting in a loss of over $500,000.

ChainCatcher news, according to the announcement from the Supreme People's Court, the results of the major topics for judicial research in 2024 have been published, among which Topic Seven is "Research on the Disposal of Virtual Currencies Involved in Cases." The topic is divided into three research groups:• Research Group 1: Lin Wei from Southwest University of Political Science and Law, Wang Zhongwei from the Chongqing High People's Court, Yuan Shengqiang from the Chongqing Fifth Intermediate People's Court (Topic Number: GFZDKT2024B02-1)• Research Group 2: Xue Chunjiang from the Beijing Third Intermediate People's Court, Yang Dong from Renmin University of China (Topic Number: GFZDKT2024B02-2)• Research Group 3: Zhan Xuwei from the Shenzhen Intermediate People's Court in Guangdong Province, Wu Xuebin from Shenzhen University (Topic Number: GFZDKT2024B02-3)

ChainCatcher news, according to the official WeChat account of the People's Court of Lingling District, Yongzhou City, the People's Court of Lingling District, Yongzhou City recently concluded a dispute over unjust enrichment arising from the failure to repay with virtual currency. In January 2020, Yang transferred 78,000 yuan to Xie via WeChat, hoping that Xie would help him purchase a certain virtual currency on a platform for investment and entrusted Xie to hold it on his behalf. Subsequently, Xie purchased the virtual currency as entrusted by Yang and held it for him. After a period of time, Yang requested to withdraw from the investment, and Xie transferred 3,000 units of the virtual currency to Yang's "wallet address" on the platform, stating that a settlement would be made later.In April 2021, Yang sued Xie in court. Through court mediation, the two parties reached a consensus mediation agreement, and Xie agreed to return 78,000 yuan to Yang in a lump sum. After returning 57,000 yuan to Yang, Xie was unwilling to return the remaining debt, claiming that the 3,000 units of virtual currency previously transferred to Yang were worth over 20,000 yuan and should be deducted from the debt. Yang did not accept this repayment method, and due to the failure to offset the debt, Xie requested Yang to return the virtual currency, but the virtual currency platform had already closed. Xie then sued in court, requesting Yang to return the equivalent cash value of over 20,000 yuan for the 3,000 units of virtual currency.After hearing the case, the People's Court of Lingling District held that the Civil Code aims to protect the legitimate rights and interests of civil subjects and maintain social and economic order. The virtual currency does not have the same legal status as legal tender, does not have legal compensability, and should not and cannot be circulated as currency in the market. Xie's request for Yang to return the cash value of 3,000 units of virtual currency essentially constitutes a claim for the exchange between virtual currency and legal tender, which lacks legality, and the parties did not reach an agreement on the compensation amount for the virtual currency. Ultimately, the court ruled to dismiss Xie's lawsuit. After Xie appealed the judgment, the second-instance court upheld the original ruling.

According to ChainCatcher's message and the official announcement, Binance has announced that it will optimize the display mechanism for platform token circulation data. Currently, Binance uses the circulation calculation method from CoinMarketCap (CMC), which excludes the internal holdings distribution of projects in its calculations. To enhance data transparency, Binance will integrate two new metrics from CMC: Unlocked Market Capitalization (UMC) and Unlocked Circulating Supply (UCS) in the token information section.

ChainCatcher news, the cryptocurrency wallet provider Trust Wallet announced that it has fixed the issue that caused abnormal token balance displays. On December 21, Trust Wallet users reported on social media that their crypto balances were disappearing and reappearing intermittently.At 6:45 AM UTC, Trust Wallet stated that it was aware of issues with BNB and the Trust Wallet native token TWT balances, later acknowledging that other tokens were also affected by the malfunction. Despite the issues, the official assured users that their funds were safe.At 8:05 AM UTC, Trust Wallet released another update stating that the issue had been resolved and normal operations had resumed.

ChainCatcher message, trader Eugene initiated a poll on X asking "Has this bull market met expectations?" So far, 65.1% of participants have chosen no.In response, KOL Murad commented that the current market return distribution is more dispersed than in the past, so the result is not surprising. Asset selection is more important than ever. He stated that a "scattergun" investment strategy should not be used.

ChainCatcher news, the brand ownership dispute of the cryptocurrency data platform FeiXiaoHao continues to escalate. The original FeiXiaoHao team issued a statement on December 13, claiming that the buyer obtained part of the source code and data after paying the first installment, and then publicly tore up the contract and refused to pay the final payment. The buyer, without paying the final installment, requested an overall brand transfer, which was rejected, and was accused of publicly reselling the source code and data, causing significant losses to the original team. The original team has canceled the brand sale plan and stated that they will continue operations.In response to the above accusations, the buyer published a lengthy article refuting the claims, stating that they have legally registered an overseas company and trademark, and pointed out multiple breaches of contract by the original team: incomplete source code delivery leading to inability to deploy normally, and the same source code being sold to multiple buyers. The buyer stated that after taking over Feixiaohao.com.cn, they invested hundreds of thousands of dollars and spent four months repairing the system before it was back online.Additionally, the buyer revealed several future development plans, including improving the Meme token leaderboard, advancing global layout, adding KOL columns, and VC inclusion among other functional modules. The buyer has now initiated legal proceedings and will maintain their rights through the public disclosure of acquisition details and related evidence.

ChainCatcher news, according to TechCrunch, OpenAI's new video generation AI model Sora has been found to allegedly use game content from titles such as Super Mario and Call of Duty, as well as Twitch streamer likenesses for training. Legal experts warn that this could involve multiple copyright disputes.Experts point out that game videos typically contain multiple layers of copyright, including the copyrights of game developers, unique content generated by players, and user-created maps. Unauthorized use of such content to train AI models may be considered infringement, and even if AI companies claim fair use, users who publish or use the generated copyrighted content may still face legal risks.Additionally, the output content involving trademark or right of publicity issues may also increase legal challenges.

ChainCatcher news, BTIG policy research director Isaac Boltansky stated that the U.S. Securities and Exchange Commission (SEC) is about to undergo personnel changes. If approved by the Senate, Paul Atkins will replace Gary Gensler for a five-year term.However, Isaac Boltansky warned that despite the personnel changes at the SEC, there will still be "jurisdictional disputes" in the future, noting that the agency and the Commodity Futures Trading Commission sometimes clash over cryptocurrency regulation issues because "there are too many cooks in the kitchen, and they can't agree on what they are doing."Additionally, the key question of whether cryptocurrencies should be classified as securities is still being litigated in court, which is beyond the jurisdiction of U.S. federal regulators. The next Congress will have a slight Republican majority, which may at least lead to clearer regulations regarding stablecoins.

According to ChainCatcher news, the Shenzhen News Network reported that the People's Court of Qianhai Cooperation Zone in Shenzhen recently made a ruling on a labor dispute case involving virtual currency salary payments. The case originated in June 2021, when the plaintiff, Zhou, joined a company as a senior engineer, claiming that he had agreed with the company on a monthly salary of 45,000 yuan, of which 20,000 yuan would be paid via bank transfer and the remaining 25,000 yuan in the form of USDT. Two months later, the company terminated the labor contract on the grounds of "skills not matching," but did not pay the agreed portion of the salary in virtual currency.The court determined that, according to the "Notice on Further Preventing and Dealing with Risks of Virtual Currency Trading Speculation" issued by the central bank and ten other departments in September 2021, virtual currencies including Bitcoin, Ethereum, and USDT do not have legal tender status. At the same time, Article 50 of the Labor Law and Article 5 of the Interim Provisions on Wage Payment clearly state that wages must be paid in legal currency on a monthly basis and cannot be replaced by other forms.Ultimately, the court only supported the plaintiff's claim regarding the unlawful termination of the labor contract, ordering the company to pay 10,000 yuan in compensation. The case was upheld by the Shenzhen Intermediate People's Court in the second instance.