ChainCatcher News, the U.S. Fifth Circuit Court of Appeals overturned a lower court's ruling, determining that the Office of Foreign Assets Control (OFAC) exceeded its authority in sanctioning the Tornado Cash immutable smart contracts, marking a significant victory for the protocol and its users. The panel of three judges noted in their opinion that while the Treasury has the authority to act against "property," the immutable nature of Tornado Cash's smart contracts means they cannot be controlled or owned, and therefore do not constitute property under the International Emergency Economic Powers Act (IEEPA).Coinbase Chief Legal Officer Paul Grewal stated that these smart contracts must now be removed from the sanctions list, allowing U.S. users to once again utilize this privacy-preserving protocol. The appellate court has instructed the Texas District Court to approve the partial summary judgment motion filed by plaintiffs-appellants Joseph Van Loon and others.

ChainCatcher News: A U.S. federal judge has dismissed the SEC's request for sanctions against Elon Musk, citing his absence from a court order related to his $44 billion acquisition of Twitter.Judge Jacqueline Scott Corley ruled that Musk should not be sanctioned for his testimony on October 3 and ordered the SEC to reimburse him $2,923 for travel expenses. The SEC argued that Musk violated an order from May 31 and sought stronger deterrents, but Corley found the issue to be without merit.Musk attributed his absence on September 10 to overseeing SpaceX's Polaris Dawn mission.The SEC's investigation aims to determine whether Musk delayed disclosing his purchase of Twitter stock in 2022, which could violate securities laws. Critics argue that this delay allowed Musk to acquire shares of the company at a lower price before disclosing his 9.2% stake.Musk previously acknowledged a misunderstanding of SEC rules. He had settled with the SEC in 2018 over tweets related to Tesla. The case is still pending in the Northern District of California. (Bitcoin.com)

ChainCatcher message, Ethereum co-founder Vitalik Buterin stated on Warpcast: "The idea of developing applications for the sake of needing applications is fundamentally soulless; it completely abandons the notion that cryptocurrency is meant to bring about concrete changes in the world, making it more free, open, and collaborative. At the same time, ignoring applications and focusing on generality is also a short-term escape strategy.What we need are specific categories of applications that can truly make the world more free, open, and collaborative, and that can achieve organic usage. Polymarket is a good example, and anoncast is also a great opportunity to bring the best free speech to the forefront while avoiding the quagmire of spam and low-quality content."

ChainCatcher news, according to Coingecko market information, possibly influenced by the listing on Upbit, NCT has increased by 46.39% in the last 24 hours, currently priced at $0.028.BONK briefly surged over 8%, currently priced at $0.000055, with a 24-hour increase of 13.3%.

ChainCatcher news, according to the official announcement, Upbit will list JASMY and NCT in the BTC and USDT markets, with trading expected to start at 15:00 local time on November 20.

ChainCatcher news, DeFi lending protocol Morpho Labs announced that the preparation for MORPHO is complete, and the token transfer function will be enabled on November 21.MORPHO is the governance token of the Morpho protocol. The Morpho DAO (composed of MORPHO holders and delegates) is responsible for managing the Morpho protocol. The governance system uses a weighted voting system, where the number of MORPHO tokens held determines the voting power.

ChainCatcher news, according to Cointelegraph, Canaan's (嘉楠科技) founder and CEO N.G. Zhang recently revealed in an interview that the company plans to launch a Mini series of home mining machines by the end of this year, with a maximum power of about 800W, using the latest chips, and a maximum hash rate of up to 40T, while also featuring heating capabilities.Zhang stated that the shipment of the previously launched Avalon Nano3 series home mining machines exceeded 10,000 units last quarter. He believes that home mining products are expected to account for 20% of the overall mining market in the future, which will greatly enhance the security of the Bitcoin network.Looking back over the past decade, Zhang pointed out that from the first generation Avalon mining machine with 66Ghs hash rate and 700W power consumption, to the 15th generation A1566 with over 200,000 Ghs hash rate and 3600W power consumption, the performance of mining machines has improved by about 3000 times, and energy efficiency has increased by nearly 600 times. Currently, the A1566 mining machine has achieved a hash rate of 210THs, with some high-end models achieving energy efficiency below 17J/TH.

ChainCatcher news, Immutable will provide in-game signing functionality for Web3 games. The official stated that Web3 games face interruptions as players often need to approve transactions or interact with wallets outside the game. This new feature is called Pre-Approved Transactions, aimed at allowing developers to integrate transaction approvals directly into the game interface.

ChainCatcher news, MegaETH will jointly host World Computer Day with EigenLayer and Succinct on November 10th from 12:00 PM to 08:00 PM (GMT+7) in Bangkok.It is reported that World Computer Day will discuss the following topics:Is cryptocurrency a world computer or a fancy casino?How fast should global computers be by 2030?Should the world computer run on Raspberry Pi?Is the world computer controlled by humans or artificial intelligence?Is the world computer inevitable?

ChainCatcher news, according to official sources, Synthetix has proposed to acquire Kwenta and restart derivatives trading through a merger. The proposal has been sent to the Spartan Council and the Kwenta Council. The proposed strategic acquisition marks Synthetix's commitment to expanding its capabilities and creating value for SNX token holders.It is reported that if the proposal is approved, Synthetix will mint up to 9,050,375 new SNX tokens to fund the acquisition.

ChainCatcher news, the U.S. Treasury is considering sanctions against Tether. According to informed sources, the federal government is investigating the cryptocurrency company Tether for potential violations of sanctions and anti-money laundering regulations.Prosecutors from the Manhattan U.S. Attorney's Office have launched a criminal investigation into whether Tether's cryptocurrency has been used by third parties to fund illegal activities such as drug trafficking, terrorism, and hacking, or to launder the proceeds from these activities.

ChainCatcher news, the Bitget trading signal tool (Signal Bot) has officially upgraded to version 3.0. This upgrade includes three core features: first, support for multi-channel trading signal publishing across all platforms, allowing simultaneous publication to TG, X (formerly Twitter), Instagram, Facebook, WeChat, and more, reaching more users and expanding influence; second, one-click rapid copy trading, allowing users to copy quick commands and directly follow signal instructions for fast order placement; finally, real-time data analysis to optimize trading strategies: with powerful data analysis capabilities, users can view trading performance in real-time and quickly adjust strategies.In addition, Bitget has launched a limited-time reward event, where signal providers and followers will have the chance to win a prize pool of 10,000 USDT.

ChainCatcher news, Safe Wallet announces the launch of multi-chain functionality, allowing users to deploy accounts across more than 15 networks with one click. Key features of the new functionality include creating with the same address across networks, deploying multiple chains at once or adding networks later, and a new sidebar interface for managing multiple accounts.

ChainCatcher news, according to Bloomberg Terminal information, as the BRICS summit opens in Kazan, Russia, cryptocurrency issues have been brought to the agenda. Russian lawmakers are promoting the idea that Russian miners can sell their tokens to international buyers, while domestic buyers can use BitCity and other cryptocurrency markets to pay for imported goods, effectively bypassing Western sanctions. Richard Wolf, an American economist and emeritus professor at the University of Massachusetts Amherst, commented on this situation, stating that the BRICS alliance is surpassing the already peaked United States. The U.S. is in decline and is trying to maintain its international dominance.

ChainCatcher news, asset management company VanEck announced that its Solana exchange-traded note (ETN) launched in Europe has now enabled staking functionality. The staking method adopted by VanEck is fully non-custodial, meaning that the custodian of the ETN assets always has complete control over the staked assets, with no lending risk involved.Investors in the Solana ETN do not need to take any action; if rewards are distributed, they will be credited to the ETN's token holdings. Regardless of whether the custodian purchased the ETN last year or just last week, the total staking rewards earned during the last period will be distributed equally (after deducting a 25% staking fee).

ChainCatcher message, UniSat announced on platform X that the Fractal Bitcoin search function has been updated, now supporting the search of .fb names, runes, and CAT20.

ChainCatcher news, according to The Block, Ripple has launched a series of new features for Ripple Custody aimed at helping banks and fintech companies adopt crypto-supported services. These updates include the ability to tokenize real-world assets (RWA), pre-configured operations and strategy settings, integration with Ripple's XRP Ledger blockchain, and an upgraded user interface.