ChainCatcher news, the Shanghai Municipal People's Government Office issued the "Implementation Plan for Promoting High-Quality Development of Digital Trade and Service Trade in Shanghai," which proposes the layout of high-performance computing infrastructure. It includes the construction of high-energy cloud computing data center clusters, open computing power platforms, and computing power interconnection platforms.Build high-quality data infrastructure such as blockchain and corpora, establish urban blockchain infrastructure, create Blockchain as a Service (BaaS) platforms and general cross-chain functions, facilitate the trusted cross-border flow of data, and promote the high-quality construction of corpus data elements.

ChainCatcher news, according to Jinshi reports, Trump's Treasury Secretary nominee Scott Basset stated in his Senate testimony preparations that the U.S. must ensure supply chain security and prioritize effective investments that promote economic growth rather than wasteful spending. He also emphasized that the U.S. should exercise caution in implementing sanctions and mentioned that Trump has the opportunity to unleash "a new economic golden age," creating more jobs and wealth for Americans.However, according to Politico, Democrats are circulating a memo accusing Basset of improperly declaring nearly $2 million in tax losses and owing nearly $1 million in taxes related to his hedge fund.

ChainCatcher message, according to the official announcement from Zilliqa, the team has completed the mainnet recovery work after several hours of effort. The Zilliqa mainnet is now fully restored to normal functionality, and users can resume network transactions.It is reported that last night Zilliqa stated that the Look-up nodes being out of sync caused transactions to fail to upload to the blockchain for processing, and they are working to resolve this issue.

ChainCatcher news, UniSat announced on social media that, based on the recommendations from the CAT Protocol team, some CAT20 market functions have been reopened, but the creation of new buy orders is restricted. Functions related to sell orders are unaffected, and existing sell orders can still be executed. UniSat specifically reminds users with existing buy orders to cancel their orders as soon as possible to avoid potential risks.The CAT Protocol team previously announced that they discovered and successfully prevented an attack attempt against the protocol, confirming that no user funds were lost.

ChainCatcher news, Coinbase's Chief Legal Officer paulgrewal.eth posted on the X platform that Coinbase has just won a writ of mandamus petition in the Third Circuit Court. The court rejected the U.S. Securities and Exchange Commission (SEC)'s order dismissing its rulemaking petition, which means the SEC must reconsider Coinbase's request and provide more substantial reasons for why they refuse to establish clear rules regarding cryptocurrencies.The judge stated, "The SEC's order is conclusory, lacking in reasoning, and therefore arbitrary and capricious. We partially grant Coinbase's petition and remand it to the SEC for a more comprehensive explanation."

ChainCatcher news, RWA stablecoin issuer Usual announced on platform X that it has realized the significant reaction from the community due to its pegged stablecoin USD0++ deviating sharply from 1 dollar, and therefore will launch a series of measures to address user concerns and stabilize the ecosystem.It is reported that the "Revenue Switch" feature is set to launch on January 13, allowing Usual Protocol to share its earnings from real-world assets and protocol operations with the community. The team expects monthly revenue of about 5 million dollars, with an annual return rate exceeding 50% under current conditions. These distributions will occur weekly to reinforce the actual value of USUAL, balance its economic model, and the revenue generated by the protocol. (The Revenue Switch feature will officially activate when more than 50% of USUAL tokens are staked as USUAL x. If the requirement is not met, it will automatically activate on February 1, 2025. Once activated, 100% of the revenue (up to 5 million dollars per month) will flow to USUALx stakers in the form of USD0.)In addition, the Usual Protocol team also stated that it will launch the "1:1 Early Unstaking" feature next week, allowing users to exchange USD0++ at a rate of 1 dollar, but requiring them to forfeit part of their accumulated rewards as a penalty.

ChainCatcher news, according to official sources, the Solana ecosystem LST protocol Sanctum announced that its token CLOUD's staking service will be launched this month.

ChainCatcher news, according to Cointelegraph, the TradingView platform mistakenly displayed Bitcoin's market cap percentage dropping to 0%, and the issue has since been fixed. Possibly affected by this, the BTC price quickly fell about 4% from its high, reaching around $95,000, with approximately $33 million in long positions being forcibly liquidated in the past 4 hours.

ChainCatcher news, according to The Block, the South Korean government has imposed sanctions on 15 North Korean individuals and one entity for their involvement in illegal cyber activities, including cryptocurrency theft. According to Chainalysis data, North Korean hackers stole $1.34 billion worth of cryptocurrency in 2024, accounting for 61% of the total stolen that year.The sanctioned individuals are all members of the 313 Bureau under the Ministry of Machine Industry of the Workers' Party of Korea, which has been under United Nations Security Council sanctions since 2016 and is responsible for North Korea's weapons production, including ballistic missile programs. The South Korean Ministry of Foreign Affairs stated that North Korean IT personnel often disguise their identities and travel to countries such as China, Russia, Southeast Asia, and Africa to obtain work orders from global IT companies while also engaging in information theft and cyberattacks.

ChainCatcher news, according to CrowdFund Insider, Latin America's leading cryptocurrency exchange Bitso has announced the launch of the stablecoin RLUSD issued by Ripple. This stablecoin is pegged to the US dollar at a 1:1 ratio and is fully backed by equivalent US dollars and cash equivalents, primarily aimed at cross-border payment scenarios.Bitso CEO Daniel Vogel stated that the company's long-term partnership with Ripple has facilitated multiple innovative application scenarios, including cross-border payments. RLUSD will be offered through the RLUSD/MXN trading pair on the Bitso Alpha platform, allowing users to deposit and withdraw in the form of Ethereum ERC-20 tokens.

ChainCatcher news, Web3 security company ExVul stated on the X platform that Stargate has been down for nearly 6 hours. According to the Stargate team, the outage issue is due to a failure of DVN's Executors, and the LayerZero team is currently working on a fix.According to data on layerscan, there are currently 25.6k transactions stuck.ChainCatcher previously reported that PeckShield posted on the X platform stating that community reports indicate that Stargate is currently suspected to be down, with transactions experiencing delays. Please do not use Stargate for cross-chain fund transfers at this time.

According to ChainCatcher news, in a Tuesday announcement, Wormhole is collaborating with re-staking protocol developer Nuffle Labs to develop a solution that extends EigenLayer's re-staking capabilities beyond the Ethereum ecosystem. This move aims to advance the security generated by shared staking, protecting multiple protocols and applications simultaneously. The solution leverages Wormhole's messaging architecture and Nuffle's NUFF protocol, allowing assets to be re-staked directly from any L1 or L2 blockchain without the need for asset bridging.It is reported that Nuffle Labs is a spin-off of the NEAR Foundation, developing modular blockchain technology to expand the ecosystem, including the NEAR data availability layer and the NEAR fast finality layer. The collaboration with Wormhole will make all tokens provided through the Nuffle infrastructure available for AVS built on the EigenLayer shared security framework.

ChainCatcher news, according to CryptoBriefing, a Russian lawmaker has proposed the establishment of a national Bitcoin reserve to hedge against geopolitical risks and sanctions. Anton Tkachev, a member of the "New People" party in the State Duma of Russia, submitted a formal appeal to Finance Minister Anton Siluanov, suggesting the creation of a Bitcoin reserve similar to traditional national currency reserves. Tkachev wrote in the appeal, "For countries under sanctions, cryptocurrencies have effectively become the only tool for international trade due to difficulties in accessing traditional international payment systems." This proposal comes at a time when Russia is facing restricted access to the global financial system due to sanctions.Tkachev emphasized that traditional foreign exchange reserves are vulnerable to sanctions, inflation, and volatility, which could threaten Russia's financial stability. He pointed out that modern challenges require the introduction of new payment processing systems and alternative reserve storage tools, mentioning cryptocurrencies like Bitcoin that are independent of any single country. The lawmaker specifically referred to the possibility of Bitcoin reaching $100,000 by December 2024, highlighting its potential as a store of value and investment asset.Tkachev added that this initiative aligns with the efforts of the Central Bank of Russia to incorporate digital assets into cross-border payments and emphasized the increasing importance of cryptocurrencies as viable tools for international trade. The implementation of this measure would require significant policy adjustments and coordination among government agencies, including the central bank and financial regulatory bodies.

ChainCatcher news, decentralized exchange (DEX) Clipper clarifies that there was a vulnerability in its withdrawal function, which led to a recent hack of its protocol, resulting in a loss of $450,000, rather than the "third party" claim of a private key leak.Clipper stated: "On December 1, the attacker exploited two liquidity pools, locking approximately 6% of the total value. A third party claimed there was a private key leak issue. We can confirm that this is not the case and is inconsistent with Clipper's design and security architecture. The withdrawal function in the form of a token (bundled exchange + deposit/withdrawal transactions) has been disabled."Previously, the co-founder of security company Fuzzland posted on X that Clipper was "hacked due to an API vulnerability (such as private key leakage)," adding that the API might have vulnerabilities that allowed attackers to sign deposit and withdrawal requests, stealing more funds than they deposited.

ChainCatcher news, according to TechCrunch, Musk's lawyers have filed for a preliminary injunction against OpenAI, several of its co-founders, and its investors and close partner Microsoft to prevent OpenAI and other designated defendants from engaging in anti-competitive behavior. Musk is one of the co-founders of OpenAI and left the company in 2018 due to disagreements over its direction.The motion for the injunction was submitted late Friday in the U.S. District Court for the Northern District of California, accusing OpenAI, its CEO Sam Altman, President Greg Brockman, Microsoft, LinkedIn co-founder and former OpenAI board member Reid Hoffman, and former OpenAI board member and Microsoft Vice President Dee Templeton of engaging in various illegal activities and seeking to stop these activities. The allegations include:Preventing investors from supporting OpenAI's competitors, such as Musk's own AI company xAI;Benefiting from "improperly obtained competitive sensitive information" through the relationship between OpenAI and Microsoft;Transforming OpenAI's governance structure into a for-profit entity and "transferring any significant assets, including intellectual property owned, held, or controlled by OpenAI, its subsidiaries, or affiliates";Causing OpenAI to conduct business with organizations that have "significant economic interests" in any of the defendants.Musk's lawyers claim that if the injunction is not granted, it will result in "irreparable harm."

ChainCatcher news, according to official sources, the Bitcoin scaling solution Stacks announced that it will deploy sBTC in two phases. The first phase mainnet will launch on December 16, 2024, enabling Bitcoin deposit functionality. The second phase will be released 6-8 weeks after the first phase, expected in the first quarter of 2025, at which point Bitcoin withdrawal functionality will be enabled.