ChainCatcher message, the Movement Foundation stated that so far, the vast majority of users have chosen to claim MOVE on the Movement public mainnet, accounting for approximately $314 million.

ChainCatcher message, Binance Alpha has currently removed the duplicate MGP token from the fifth batch of projects.The fifth batch of projects announced by Binance Alpha previously included MGP, ZEREBRO, COOKIE, WHALES, ORDER, among which MGP was a duplicate from the fourth batch.

ChainCatcher news, according to Cryptoslate, Cardano founder Charles Hoskinson has called for the Cardano Foundation to relocate to a jurisdiction that allows users to elect board members. He raised this issue in a post on social media platform X on December 18, while encouraging the Cardano community to inquire about the foundation's board structure and decision-making processes.The Cardano founder expressed concerns about the current arrangement, where board members are appointed by the Swiss government without community input. He also urged the community to ask questions about individuals related to the foundation's past decisions and its relationship with Intersect. In light of this, Hoskinson criticized the foundation for remaining in Switzerland instead of moving to regions like Abu Dhabi or Wyoming, which support more inclusive governance models. According to Hoskinson, this move would enable the community to collaborate with the foundation to establish a new structure that promotes transparency and member participation.The Cardano Foundation was established in 2016 and operates under Swiss law, which does not allow for community-based board elections. Meanwhile, as Hoskinson made his latest remarks, the organization continues to face criticism over governance issues, internal conflicts, and the marginalization of major donors.

According to ChainCatcher news, the Secretary for Financial Services and the Treasury, Christopher Hui, proposed the second reading of the "Stablecoin Bill" at the Legislative Council meeting today and hopes to pass it as soon as possible. The regulatory framework focuses on the following three points:Licensees must maintain a robust reserve stabilization mechanism to ensure that the reserve assets of stablecoins consist of high-quality and highly liquid assets, with a total value at all times at least equal to the face value of the circulating fiat currency stablecoins, and properly segregated and safeguarded;Holders of stablecoins should have the right to redeem stablecoins from the issuer at face value, with redemption requests processed without unreasonable fees and within a reasonable timeframe;A series of requirements must be specified to combat money laundering, risk management, disclosure regulations, auditing, and appropriate candidates, among others.

ChainCatcher news, according to the official announcement, Binance will remove the BNT/ETH, CYBER/TUSD, EUR/AEUR, HMSTR/BNB, SUI/TUSD spot trading pairs and cease trading on December 20 at 11:00 (UTC+8).

ChainCatcher news, according to Nobsbitcoin, a memorandum shows that the pre-trial hearing for Samourai Wallet has been postponed from December 17, 2024, to March 12, 2025, with the trial date set for November 3, 2025. Since the pre-trial conference on September 17, 2024, the U.S. government has submitted the third and fourth batches of evidence and provided copies of the first and second batches to developer Keonne Rodriguez on November 6, 2024. The fifth batch of evidence is expected to be submitted within seven days, containing data extracted from seized devices.The FBI is reviewing 45 devices seized from Keonne Rodriguez and William Lonergan Hill for confidential information and plans to release the remaining data by early 2025. So far, 17TB of data has been shared, accounting for more than half of the total, and more evidence is expected to be released. The defense has described the volume of this evidence as enormous, likening it to "75% of the Library of Congress's collection," with a stack of paper thick enough to make 22 round trips to the moon.

ChainCatcher news, Up Network announced that it has received support from the Movement Foundation and will distribute 11 million $MOVE airdrop rewards exclusively to the first 11,000 users of Up Mobile: Mover Edition.It is reported that each eligible user will receive 1,000 $MOVE and additional rewards, all of which have no lock-up period and can be claimed after the Movement mainnet goes live in Q1 2025. Meanwhile, Up Network's next phase of sales and incentive programs will also be launched.This airdrop plan is an important milestone in the development of the Up Network ecosystem and will accelerate the advancement of the "First Movers" program. As the Movement mainnet gradually goes live, users within its DePIN and AI ecosystem are also expected to receive more innovative incentives.

ChainCatcher news, according to the latest proposal of the DeSci project BIO Protocol, the content shows that the proposal aims to implement the following measures within 7 days after the proposal, allowing BIO to start circulating:Remove transfer restrictions on the BIO token contract, making it transferableAllocate 6% of the BIO supply to provide liquidity for markets on DEX and CEX, empowering the BIO association to actively manage liquidity based on market demandProvide initial liquidity through the ETH/BIO liquidity pool on the Ethereum mainnetIt is reported that the decentralized biotechnology protocol BIO Protocol previously raised $6.22 million in the first round of community financing, $11.14 million in the second round of community financing, and $2.9 million in the 2.5 round of community financing. Binance Labs also announced an investment in BIO Protocol in early November this year, with the specific amount undisclosed. Its ecosystem includes meme coins like RIF and URO, which have become market hotspots for a period of time.

ChainCatcher message, Coinbase International announced on platform X that Coinbase International and Coinbase Advanced will add support for Movement perpetual futures contracts. The MOVE-PERP market is expected to open at or after 17:30 Beijing time on December 17, 2024.

ChainCatcher news, according to South Korean media MTN, the Financial Supervisory Service of South Korea has launched an investigation into the exchange Coinone, focusing on the abnormal situation of the Movement token's price skyrocketing shortly after its listing and then plummeting sharply.The investigation will verify whether there is unfair trading and check if Coinone's internal monitoring system is functioning properly. In addition, the reasons for Coinone listing the token ahead of other exchanges in a situation where liquidity may be insufficient will also be a key focus of the investigation.Officials stated that if abnormalities are found, proactive measures will be taken.

ChainCatcher news, according to the official announcement, Binance has added the borrowable asset Movement (MOVE) in lending (flexible rate).

ChainCatcher news, the decentralized derivatives trading platform Hyperliquid has announced the launch of MOVE contracts, supporting up to 5x leverage for long or short positions.