ChainCatcher news, according to Morningstar, investors seeking to continue the cryptocurrency bull market will closely monitor any regulatory changes in 2025, as well as whether Trump's commitments to the crypto industry will materialize. Trump has repeatedly vowed to support the crypto industry during his campaign and has received backing from several key figures in the sector.Fundstrat's head of digital assets, Sean Farrell, explained, "The first 100 days of Trump's term will be very, very important, as analysts often use the 'first 100 days' as a benchmark for measuring the efficiency and influence of an incoming U.S. president." Although the incoming president has yet to outline any specific plans, investors will be watching to see if Trump fulfills his promise to establish a strategic Bitcoin reserve in the U.S., which primarily includes:Clear guidelines on which cryptocurrencies should be classified as securities;Whether Trump will fulfill his commitment to establish a strategic Bitcoin reserve in the U.S.;Any changes to the SAB121 bill, which establishes accounting standards for companies that custody cryptocurrencies, requiring publicly traded companies, including banks, to recognize the cryptocurrencies they hold in custody as liabilities on their balance sheets;Whether the Federal Reserve will significantly lower its key policy interest rates in 2025.

ChainCatcher news, according to Cointelegraph, the smart contract of the blockchain company Virtuals Protocol was accidentally found to have vulnerabilities by security researcher Jinu (pseudonym) during a review. Virtuals Protocol quickly released a fix and restarted its bug bounty program. On December 3, Jinu stumbled upon the issue while reviewing the contract and immediately reported it to Virtuals Protocol, only to learn that the company did not have an active bug bounty program, which meant his discovery did not qualify for a reward. According to Jinu, the Virtuals Protocol team also closed the Discord group specifically for reporting the vulnerability.In a post on the X platform, Jinu stated, "This vulnerability could impact the Virtuals ecosystem; if exploited, it would prevent the generation of AgentTokens until the contract is fixed." After making this information public on the X platform, Virtuals Protocol contacted Jinu and promptly released a fix. Despite the timely release of the fix, Virtuals Protocol has not yet announced a bug bounty reward for Jinu. In the message to the researcher, the company thanked Jinu for reporting the issue and apologized for the previous communication breakdown.

ChainCatcher news, British and American social media celebrity, businessman, and former professional kickboxer Andrew Tate (@Cobratate) announced that he will follow up with the purchase of $1 million in Bitcoin every time MicroStrategy buys Bitcoin.Although he claims he cannot compare to MicroStrategy's purchase volume, he revealed that he already owns millions of dollars in Bitcoin, far exceeding what he needs. He emphasized that this is a cultural symbol, so every time MicroStrategy makes a purchase, he will increase his holdings by $1 million in Bitcoin.

ChainCatcher news, according to News.bitcoin, economist and gold advocate Peter Schiff harshly criticized Trump's economic policies on the social media platform X this week, highlighting the risks he sees in current financial practices and some unfulfilled promises.Schiff believes that the optimism surrounding the "Trump-induced economic boom" is misguided, pointing out that potential economic vulnerabilities could undermine this positive outlook. He stated that tax cuts are likely to continue, but corresponding spending cuts are almost certain not to happen.Schiff further warned that uncontrolled deficits could prompt the Federal Reserve to re-implement quantitative easing, leading to increased inflation. For those concerned about inflationary pressures, Schiff suggested that "Trump's best deal right now is to buy when gold and gold mining stocks are down," believing that gold is a stable asset during times of economic uncertainty.

ChainCatcher news, according to Jin Shi reports, Rong Ren Goh, portfolio manager at Singapore's Hanya Investment, stated that market volatility may increase after Trump takes office, which indeed presents opportunities from a trading perspective. This volatility stems from the uncertainty surrounding how he intends to fulfill some of his campaign promises. Currently, the market is solely focused on the tariff outlook, as this is the easiest lever to pull directly under presidential executive orders.

ChainCatcher news, according to Bitcoin.com, Eswar Prasad, a professor at Cornell University's Dyson School and a senior fellow at the Brookings Institution, expressed great concern about the risks posed by the booming cryptocurrency market in a commentary published in The New York Times.Despite Bitcoin recently soaring to an all-time high and receiving political support from figures such as former U.S. President Donald Trump and current Vice President Kamala Harris, Eswar Prasad warned that, in any case, today's cryptocurrencies pose greater risks to investors and financial institutions than ever before. He pointed out that the U.S. Securities and Exchange Commission (SEC) has relaxed regulations, making it easier for retail investors to enter the cryptocurrency market, but often they do not fully understand the risks involved.Eswar Prasad further emphasized the dangers of centralization within the crypto ecosystem, noting that the collapse of FTX and the legal troubles of Binance are examples of how centralized power can undermine the fundamental principles of decentralized finance. He also stressed that "risks may spread from decentralized finance to traditional finance, and vice versa," thereby introducing vulnerabilities to the entire financial system.

ChainCatcher news, according to Fortune, Penn State Dickinson Law Professor Tonya Evans pointed out that Trump claimed at the Bitcoin 2024 conference that if elected president, he would fire SEC Chairman Gary Gensler on the first day and push for the federal government to hold Bitcoin. However, the promise to fire Gensler faces significant obstacles.It is reported that the dismissal process is very complex, and Trump must prove that Gary Gensler has exhibited inefficiency, dereliction of duty, or misconduct in order to initiate the removal process.Although some politicians and representatives from the crypto industry believe Gensler has performed poorly and see grounds for his dismissal, the entire process could take months, potentially exceeding Gary Gensler's five-year term. Therefore, unless Gary Gensler resigns on the first day, his departure will not be realized quickly.

ChainCatcher news, independent presidential candidate Robert F. Kennedy Jr. delivered a speech at the Bitcoin2024 event on July 26, Beijing time, highly praising the potential role of Bitcoin in improving the U.S. economy and way of life.He promised to sign multiple executive orders to initiate relevant processes once in office. Kennedy stated that he would request the Department of Justice and U.S. Marshals to transfer the 204,000 Bitcoins held by the U.S. to the Federal Reserve as "strategic assets" and instruct the Treasury to purchase 500 Bitcoins.He predicted that the U.S. would achieve a "dominance that other countries cannot surpass," with the eventual value of its Bitcoin reserves reaching "trillions of dollars."Additionally, Kennedy plans to order that all transactions between Bitcoin and the U.S. dollar do not need to be reported to the IRS and that Bitcoin be included in the 1031 exchange program to encourage investment.He emphasized that the freedom to transact is as important as freedom of speech, and Bitcoin can provide this freedom and help restore the U.S. economy. Kennedy also stated that if the world adopts the Bitcoin standard, there will be no more wars because "Bitcoin cannot be printed."He plans to appoint Space Force Major Jason Lowery as National Security Advisor and has committed to backing U.S. Treasury bonds with hard assets, including precious metals and Bitcoin, to strengthen the dollar, control inflation, and usher in a new era of financial stability.

ChainCatcher news, according to Cointelegraph, the Republican National Convention has approved a new platform proposed by former President Donald Trump for the Republican Party, most of which consists of standard Republican platform content, but with one significant exception: support for innovative cryptocurrency policies. Trump's new platform promises to defend the rights of Americans to mine Bitcoin, self-custody digital assets, and trade freely.However, the community believes that Trump's new platform lacks a commitment to protect developers of decentralized projects from regulatory interference and threats of criminal prosecution. Although Trump has expressed an intention to support innovation, he must also commit to defending the rights of those who create cryptocurrency tools.

ChainCatcher message, Slow Mist founder Yuxian posted on social media, "This real case related to TON phishing can be referenced as shown in the picture, the phishing comment states Funds will be returned after wallet confirmation, in order to confuse users. But if confirmed, the related assets will be gone, including this Anonymous Telegram Number."

ChainCatcher news, according to sources cited by DL News, ZKsync has promised to provide a large amount of tokens to Lens for building on the protocol. The specific number of tokens is unclear, but those competing with ZKsync to attract Lens to join their blockchain indicated that they withdrew from the bidding war after Lens representatives stated that the offer they received was about 0.5% of the total supply of the recently launched ZK tokens. Based on the current ZK token price of approximately $0.21, this amounts to $22.4 million.

ChainCatcher News: U.S. presidential candidate Donald Trump met with the CEO of Bitcoin Magazine and representatives of U.S. Bitcoin mining companies, promising to support cryptocurrency mining operations in Washington, D.C. Additionally, Donald Trump told CleanSpark co-founder Bitcoin miners that he likes what they are building.

ChainCatcher news, according to CoinDesk, former U.S. President Donald Trump promised at the Libertarian National Convention in Washington, D.C. that if he is re-elected president, he will commute the sentence of "Silk Road" founder Ross Ulbricht on his first day in office. Ulbricht was sentenced in 2015 to two life sentences plus 40 years for creating and operating the "Silk Road" darknet marketplace, effectively a life sentence without the possibility of parole. The "Silk Road" operated from 2011 to 2013 and was primarily used for the anonymous sale of drugs, widely regarded as the first real use case for Bitcoin. Trump stated that Ulbricht has been incarcerated for 11 years, "We want to bring him home." Many in the audience held up "Free Ross" signs, cheering enthusiastically at Trump's promise.

ChainCatcher news, according to The Block, South Korea's opposition party—the Democratic Party plans to push its campaign promise to make spot cryptocurrency funds accessible domestically. The Democratic Party won 175 out of 300 seats in the April elections, becoming the dominant force in the National Assembly. The party has committed to urging local financial institutions to launch cryptocurrency spot ETFs and allowing retail investors to purchase these funds through tax-exempt accounts.It is reported that the Democratic Party plans to request the Financial Services Commission (FSC) to re-examine Bitcoin spot ETFs at the 22nd National Assembly meeting in June, in order to open such products in the local market.Currently, the FSC has not allowed the issuance or trading of Bitcoin spot ETFs, as the FSC believes that Bitcoin or other cryptocurrencies cannot serve as legitimate underlying assets for such products. The Democratic Party is also considering options to amend existing financial regulations to address the FSC's potential continued refusal.

ChainCatcher news, incubator CaesarEon announced on X that it is committed to investing 10 million dollars in the Bitcoin NFT project INK. This will help enhance its unique brand, expand its IP domain, and strengthen market influence, while supporting INK holders to develop their own businesses and build personal brands through the INK platform.

ChainCatcher news, according to Binance's Chinese official Twitter, Binance has recently launched an internal investigation into the so-called "BOME insider trading" incident discussed by the community. Preliminary results indicate that the individuals involved are not related to Binance. Binance appreciates the community's attention and supervision and promises to continue the investigation, maintaining transparency and fairness.At the same time, Binance offers a reward of up to $5 million (from $100,000 to $5 million) for reporting corrupt behavior and promises to keep the identity of the whistleblower confidential. Binance reiterates its commitment to maintaining a fair and transparent trading environment and will conduct a thorough investigation into any misconduct.

According to ChainCatcher news, South Korea's ruling party, the People Power Party, is considering allowing U.S.-approved Bitcoin spot ETFs in their election promises. In addition to Bitcoin spot ETFs, the right-wing party also stated that it would review legislative measures to approve other cryptocurrency-related investment products that have been approved in the U.S. Currently, due to a ban by financial authorities, overseas Bitcoin spot ETFs are not allowed to be traded through domestic securities companies.Furthermore, the ruling party plans to consider gradually lifting the country's ban on institutional investments in cryptocurrencies and Initial Exchange Offerings (IEOs), and also plans to establish a "Digital Asset Promotion Committee."

ChainCatcher news, the NFT market X2Y2 announced that a large amount of Token will be unlocked within 24 hours, including 12.5 million X2Y2 allocated to the treasury and 25 million X2Y2 allocated to the team, totaling 37.5 million Tokens, which accounts for 3.75% of the total supply. The X2Y2 team stated that there are currently no plans to sell any Tokens that are about to be unlocked or have already been unlocked. (source link)