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Binance reported that an employee profited from insider trading using their former position. The involved party has been suspended and will face legal accountability

ChainCatcher news, according to official sources, Binance Wallet stated that on March 23, 2025, the Binance internal audit team received a complaint alleging that an employee used insider information for front-running trades. The preliminary investigation results are as follows:Investigation Results: The employee had previously held a business development position at BNB Chain before joining the Binance Wallet team. They used information obtained from their previous position to purchase tokens of a certain project in advance, and then quickly sold them after the project announcement was made, reaping significant profits. This behavior violated company policy and constituted front-running based on non-public information.Disciplinary Action: The employee has been suspended pending further disciplinary action. Binance will actively cooperate with relevant authorities and take appropriate legal action in accordance with the law.Whistleblower Rewards: Binance encourages community oversight and rewards effective information reported through official channels. A total of $100,000 has been allocated to four whistleblowers. For future leads, the community can continue to submit through official channels.Binance is committed to strengthening internal controls to ensure transparency, fairness, and integrity, maintaining a secure trading environment.

ChainCatcher, in collaboration with CoinUp.io, will host the "Web3 Future Night" party in Hong Kong on April 6

ChainCatcher news, ChainCatcher in collaboration with the digital asset platform CoinUp.io will host a high-end social party themed "Web3 Future Night" in Hong Kong on April 6 from 19:00 to 22:00.As a top-tier social feast in the Web3 field, this event is not only an annual gathering moment for the elite of the crypto industry but also a super hub for the collision of cutting-edge ideas and the convergence of business opportunities. While deepening partnerships, it will share the latest industry dynamics and future trends, stimulate in-depth dialogue and thinking, and work together to promote the vigorous advancement of the Web3 industry.It is reported that CoinUp.io is a global one-stop digital asset trading platform that supports users in trading cryptocurrency derivatives (spot/contract/wealth management) and traditional financial products (commodities/forex/index/U.S. and Hong Kong stocks) using USDT. The platform was established in September 2021 and is headquartered in Singapore. CoinUp.io currently holds crypto financial regulatory licenses in multiple countries and regions, operating in compliance to protect user interests.CoinUp.io users are spread across more than 200 countries and regions worldwide, aiming to create the safest, most efficient, and stable global digital asset derivatives trading service platform, providing top-notch liquidity services for users and professional institutions.For the registration link, please click: https://lu.ma/x705swjo

Ledger Global Policy Director: The Democratic Party in the United States has shown a "clear thaw" in its attitude towards cryptocurrency

ChainCatcher news, according to Business Insider, the attitude of the U.S. political sphere towards cryptocurrency is warming at a pace that exceeds industry expectations, with bipartisan lawmakers beginning to actively engage with the crypto space after years of skepticism. Ledger's Global Policy Director Seth Hertlein stated, "'Embrace' is too strong a word, but I do think there is a clear thaw happening." He emphasized, "Cryptocurrency was a huge topic in the last election, and I don't think anyone in Washington can ignore that. Cryptocurrency is here to stay; it cannot be ignored or stifled, and that is something both party leaders must face."The report noted that Trump has shifted from being firmly opposed to Bitcoin to supporting candidates for cryptocurrency and plans to launch a digital asset strategic reserve. Surprisingly, Democrats are also beginning to reconsider their anti-crypto stance. Cryptocurrency lobbying groups indicate that Democrats' hostility towards the industry has noticeably diminished, as Elizabeth Warren's anti-crypto views expressed earlier this January are gradually becoming outdated. This Tuesday, the U.S. Senate passed a measure to block Biden-era regulatory actions by an overwhelming majority, with a final tally of 70 votes in favor and 28 against, far exceeding Hertlein's expectation of 2-3 Democratic supporters.21Shares U.S. Business Director Federico Brokate emphasized that cryptocurrency is not a politicized asset class: "Different aspects of the cryptocurrency value chain are happening in traditional red or blue states." He believes the Democratic platform is naturally suited for decentralized finance.SkyBridge Capital founder Anthony Scaramucci criticized Democrats for being "really behind" on cryptocurrency issues. He stated that he had told the Biden team alongside Mark Cuban and Michael Novogratz, "You need to stop the anti-crypto actions." Scaramucci believes, "Democrats are not seeing the power of this industry, which indicates they are derelict in their duties now. If they do not change their stance on cryptocurrency, they will face many problems. But if I were them, I would at least remain neutral on Bitcoin."

Security Company: Hackers are using fake GitHub projects to steal cryptocurrency, advising users to carefully check third-party code behavior before downloading

ChainCatcher news, according to Cointelegraph, cybersecurity company Kaspersky recently released research showing that hackers are creating hundreds of fake projects on the GitHub platform to lure users into downloading malware that steals cryptocurrency and credentials. Kaspersky has named this malware activity "GitVenom."Kaspersky analyst Georgy Kucherin pointed out in a report on February 24 that these fake projects include Telegram bots for managing Bitcoin wallets and tools for automating Instagram account interactions. Hackers carefully design project documentation, possibly using AI tools to generate content, and artificially increase the number of project "commits" to make the projects appear to be actively developed.According to Kaspersky's investigation, these malicious projects can be traced back at least two years. Regardless of how the projects are presented, they contain malicious components, such as information-stealing tools that upload saved credentials, cryptocurrency wallet data, and browsing history through Telegram, as well as clipboard hijackers that replace cryptocurrency wallet addresses. In November 2023, a user lost 5 Bitcoins (approximately $442,000) as a result. Kaspersky advises users to carefully check the behavior of third-party code before downloading.
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