ChainCatcher news, according to Cointelegraph, rune transactions on the Bitcoin blockchain now account for only 3-5% of the transaction volume, down from 80% at launch.

ChainCatcher news, CryptoQuant CEO Ki Young Ju stated, "Whales are accumulating Bitcoin through privacy transactions. The annual number of CoinJoin transactions has tripled over the past two years. While some attribute this surge to hackers laundering money, Chainalysis reports that this year's total hacker losses amount to $2.2 billion, which is less than 0.5% of the $377 billion in Bitcoin realized market inflows.In 2024, 1.55 million BTC flowed into accumulation addresses, mainly related to ETFs, MicroStrategy, and custodial wallets. Whales often transfer funds to emerging institutional investors through privacy transactions. Aside from the disclosed holdings, approximately 240,000 to 420,000 BTC remain with unidentified accumulators. Who are these whales?"

ChainCatcher news, the Bitcoin re-staking protocol Babylon tweeted that on December 15, during the Cap-3 mainnet staking cap period, an anonymous staker staked a total of 10,000 bitcoins in three transactions, worth over 1 billion dollars at that time. In addition, the official website shows that Babylon currently has a total stake of over 57,000 BTC (over 5.6 billion dollars).

ChainCatcher news, South Korean lawmaker Choi Eun-sik has proposed an amendment to the "Foreign Exchange Transactions Act," aimed at preventing money laundering and other foreign exchange crimes related to virtual assets. The amendment proposes the establishment of a monitoring system for virtual asset transactions, the improvement of the institutional foundation for financial technology foreign exchange services, the enhancement of the convenience of foreign exchange transactions for individuals and businesses, and the strengthening of the intelligent construction of the foreign exchange monitoring system.He stated that the rapid development of virtual assets and financial technology in recent years has diversified cross-border transaction methods, but current laws have failed to cover these changes, leading to regulatory blind spots, particularly as money laundering involving virtual assets and illegal foreign exchange transactions have become increasingly serious.According to data from the Financial Intelligence Unit (FIU), the number of suspicious transaction reports from virtual asset merchants increased by 48.8% last year compared to the previous year. The Ministry of Finance plans to add definitions for virtual assets and virtual asset merchants next year and requires virtual asset merchants to register before conducting cross-border transactions and to regularly report users' transaction records to the Bank of Korea.The amendment is expected to be implemented in the second half of next year.

ChainCatcher news, according to South Korean media Bloter, due to the rise in Bitcoin prices, Streami, the parent company of the South Korean cryptocurrency exchange Gopax, has encountered obstacles in the process of selling to Megazone.Megazone revealed that it is still negotiating the acquisition of the cryptocurrency exchange GoPax (Streami). "Our official position is that there is currently no conclusion regarding the cancellation of the acquisition of GoPax."It is reported that Binance has been in talks with MegaZone to sell 57.46% of GoPax shares (excluding its 10% stake) for re-registration, but has been hindered by the unclear scale of GoPax's debts. The debts are collateralized by Bitcoin prices, and the continuous rise in Bitcoin prices has increased the scale of the debts.

ChainCatcher message, according to Scam Sniffer monitoring, 30 minutes ago, a certain FLOKI holder lost $200,000 due to signing a "phishing transaction."

ChainCatcher news, Indian cryptocurrency exchange WazirX has released an asset rebalancing and distribution plan, which has been approved by creditors and recognized by the court. The plan includes four main components:The net liquid platform assets will be rebalanced to ensure fair value distribution, and the first distribution to creditors will be made in the form of tokens within 10 working days after the plan takes effect.Recovery Tokens (RTs) will be issued to allocate subsequent recovery amounts from surplus, illiquid wallet assets, and stolen assets. When the net recovery amount available for purchasing RTs exceeds $10 million, WazirX will provide creditors with the opportunity to purchase RTs quarterly; if below this amount, it will be deferred to the next quarter for assessment.The future trading functionality of RTs is being evaluated to provide creditors with additional liquidity options.All distribution withdrawals must strictly comply with KYC and risk management requirements to ensure process compliance.

ChainCatcher news, according to official information, DEXX has announced the launch of stolen asset debt claim NFTs. Affected users can claim debt claim NFTs according to the rules, and future compensation will be based on the NFT as the proof of claim. The specific implementation details are as follows:Rules for claiming debt claim NFTs: Users who have confirmed their affected tokens can select and register a secure wallet on the "Compensation Center" page. After that, the wallet will receive a debt claim NFT.Future compensation standards: Subsequent compensation will be based on the debt claim NFT as the proof of claim.Functions and value of debt claim NFTs: The debt claim NFTs received by users can not only serve as proof of claim but can also be circulated and transferred based on individual circumstances, providing users with greater flexibility in their choices.

ChainCatcher message, according to data from Artemis, the Solana network processed 66.9 million transactions on December 17, surpassing the total of other major blockchains. The network also leads in user engagement, accounting for more than half of the daily active addresses among major blockchain platforms during the same period.In addition, decentralized trading on Solana has also seen significant growth, with a daily trading volume of approximately $5 billion. Market experts believe that the launch of the native token PENGU for Pudgy Penguins on Solana contributed to this performance.

ChainCatcher news, according to Bloomberg, BlackRock's actively managed ETF fund iShares Short Maturity Municipal Bond Active ETF (MEAR) has completed a milestone municipal bond transaction through JPMorgan's blockchain platform.The fund purchased a $6.5 million bond issued by the city of Quincy, Massachusetts, marking the first municipal bond fully issued and traded based on blockchain technology. The MEAR fund currently manages approximately $750 million and has updated its prospectus to support bond settlement through the blockchain platform.

ChainCatcher news, according to Coindesk, Galaxy Research stated in a report on Monday that the non-fungible token (NFT) market is showing signs of recovery.The data cited in the report shows that for most of this year, NFT trading volume has been declining, but with the U.S. elections and the subsequent rebound in the cryptocurrency market, trading volume began to reverse in November. The weekly NFT trading volume in early November exceeded $100 million for the first time since May, reaching $172 million on December 2.Analyst Gabe Parker wrote, "This recovery is primarily driven by increased activity in NFT collectibles ranked in the top 25 by market capitalization, with participation from major markets like OpenSea, Blur, and Magic Eden also increasing. Among them, Blur and OpenSea accounted for 60% and 27% of total trading volume, respectively, in the past 30 days."

ChainCatcher message, Binance announced that due to a delay in updating the token information of Pudgy Penguins (PENGU) by the data provider CoinMarketCap, the market capitalization and fully diluted valuation (FDV) of the project were not updated in time when it was listed on Binance spot.As a gesture of goodwill, Binance has reserved 135,000,000 PENGU tokens, which will be allocated to eligible users who purchase PENGU between 2024-12-17 14:00 (UTC) and 2024-12-17 14:37 (UTC). The airdrop allocation will be credited to the accounts of eligible users within 72 hours.

ChainCatcher message, Delegate founder foobar posted on platform X stating that due to Solana's transaction size limitations, for large PENGU claimants, the claims will be split into multiple transactions. The displayed amount will not differ from the claimed amount; simply refreshing the page will show the amount already claimed and the amount still to be claimed.

ChainCatcher news, the Solana ecosystem algorithmic stablecoin protocol Nirvana Finance has announced that it has opened the claims for compensation and will launch Nirvana V2 on December 18 at 2:00. Original ANA holders can experience the application in advance.Previously, in July 2022, hacker Shakeeb Ahmed stole approximately $3.5 million in stablecoins by manipulating the protocol's pricing mechanism. After collaborating with the U.S. Department of Justice, Department of Homeland Security, and IRS, Nirvana successfully recovered the stolen funds, and Ahmed was sentenced to three years in prison, during which he was ordered to return the cryptocurrency and pay $3.4 million in restitution. (Jin Shi)

Chaincatcher news, the multi-chain trading platform UXUY, incubated and invested by Binance Labs, officially partners with the BNB Chain meme airdrop event. During the event, users trading BNB Chain ecosystem memes on UXUY iOS, Android, and Telegram DEX (@UXUYDexBot) will enjoy 0 Gas fee trading benefits.The BNB Memecoin event will further incentivize the development of the meme community. BNB Chain will rank memes based on a weighted calculation of 24-hour trading volume, market capitalization, and price increase, with the top-ranked meme becoming the winner of the day. The BNB Chain community will purchase meme tokens of the winning meme worth 33 BNB for the airdrop.UXUY will enable a red envelope feature for the winning meme project and distribute on-chain meme red envelopes to the community, further expanding the number of Meme Coin holders and its influence.

ChainCatcher news, the algorithmic stablecoin protocol Nirvana Finance announced that its V2 version will officially open to the public at 2 AM Beijing time on December 18 (UTC time December 17 at 6:00 PM). This restart not only completes the full compensation for the victims' funds from the 2022 hacking incident but also introduces a brand new security, governance, and token economic model.In addition, Nirvana V2 has launched a Market Driven Minting (MDM) framework, which ensures that the token ANA has upside potential and limited downside risk through a reserve-backed price floor mechanism. The protocol also plans to gradually expand to assets such as BTC and SOL.Previous news, former security engineer Shakeeb Ahmed was sentenced to 3 years in prison by U.S. District Judge Victor Marrero for attacking two decentralized cryptocurrency exchanges and stealing over $12 million worth of cryptocurrency. This is the first conviction case related to smart contract hacking.In July 2022, Ahmed attacked a cryptocurrency exchange using false pricing data and stole approximately $9 million worth of cryptocurrency. Subsequently, he attacked Nirvana Finance, exploiting a vulnerability in its smart contract to purchase cryptocurrency at a price lower than that set by the contract and sell it to Nirvana at a higher price, stealing nearly all of Nirvana's $3.6 million funds, which led to its closure shortly after being hacked.

ChainCatcher News: U.S. Attorney Tessa M. Gorman announced that victims of business email compromise (BEC) who lost millions of dollars may be compensated due to the swift actions of the U.S. Secret Service and the asset forfeiture division of the U.S. Attorney's Office. In December 2023, a company engaged in real estate transactions reported that its system had been breached, with scammers stealing over $1 million by submitting fraudulent wire transfer instructions.Investigations revealed that at least ten other businesses or individuals were also victimized, with losses ranging from $75,000 to $425,000. The funds obtained from these scams were laundered through multiple bank accounts, some of which were held by "money mules," and were subsequently consolidated into a cryptocurrency wallet controlled by Nigerian scammers.Law enforcement acted quickly, seizing approximately 32.68 bitcoins from the scammers' cryptocurrency wallet, valued at around $900,000 at the time. The U.S. Attorney's Office subsequently filed a civil forfeiture lawsuit for the seized bitcoins. Since the seizure, the price of bitcoin has more than tripled. Due to the increase in bitcoin prices, ten victims who have filed claims may receive full compensation.

ChainCatcher news, according to Dune data, the total transaction volume of Blend, the NFT lending platform under Blur, has reached 7.1 billion dollars, with a total of 819,703 loans. The current number of independent borrowers on the platform is 12,500, and the number of independent lenders is 4,697.

ChainCatcher news, according to a report by The Paper, the People's Court of Wenchang City, Hainan Province, recently concluded a case involving the trading of personal information using cryptocurrency. The court's investigation revealed that the defendant, Han, purchased over 82.24 million pieces of personal information for 500 yuan via QQ in 2021, which included 7.27 million photos of ID cards, 30.69 million vehicle owner information, and 1.07 million bank user information.In March 2023, Han sold this information through platforms such as QQ, WeChat, and Telegram, and collaborated with courier Wu to obtain express delivery transaction information, pricing each piece at 1.5 yuan in USDT. He made a profit of 770 yuan by exchanging through the Ouyi platform. The court sentenced Han to one year and eight months in prison for infringing on citizens' personal information and imposed a fine of 3,000 yuan. Co-defendant Wu was sentenced to eight months in prison with a one-year and four-month probation and fined 2,000 yuan.

ChainCatcher message, according to Scam Sniffer monitoring, 10 minutes ago, a user lost 1 Pudgy Penguin after signing a phishing transaction.