REP

TokenPocket Annual Report: Total users exceed 30 million, saving users over 8 million dollars in on-chain miner fees in the past year

ChainCatcher news, according to the 2024 annual report released by TokenPocket, the total number of global users has exceeded 30 million, covering over 200 countries and regions, with active user groups in the United States, Nigeria, India, Indonesia, and Turkey. Emerging markets such as Africa and Latin America are experiencing strong user growth.In 2024, TokenPocket continues to expand its wallet services, deeply supporting 9 public chain ecosystems and launching over 1,000 popular DApps. The newly upgraded TRON energy leasing service has saved users over 8 million dollars in on-chain miner fees. At the same time, TokenPocket is deeply engaged in the Meme ecosystem and the AI track, creating a mainstream wallet that integrates market data, trading, and information, providing users with a more efficient and convenient blockchain experience.TokenPocket is actively promoting its global layout, collaborating with Hong Kong's fully licensed platform, Victory Securities, to provide a smooth and reliable experience for ETF investors listed in Hong Kong. Meanwhile, in February, it obtained the US FinCEN MSB license, in May it settled in Hong Kong's Cyberport to establish an Asia-Pacific operations center, and in October it officially launched the TP Card to create a seamless payment experience.In the security field, TokenPocket has blocked over 500,000 fraudulent websites, marked over 300,000 risky addresses, provided 80 million token detection services and 120 million authorization detection services, helping users recover losses exceeding 3 million dollars. Throughout the year, it cleared over 5,000 fake official websites and over 600 fake wallet applications.The KeyPal hardware wallet has added support for the Taproot and Schnorr signature protocols, providing stronger protection for user asset security and transaction privacy. It has also appeared at globally renowned Web3 exhibitions in Dubai, Hong Kong, and more, significantly enhancing brand influence.In 2025, TokenPocket will continue to optimize user experience, promote the construction of a global payment network, and launch more intelligent services to create a safe and convenient blockchain interaction experience for global users.It is reported that the TokenPocket wallet product series includes mobile wallets, plugin wallets, and KeyPal hardware wallets, building a full range of wallet product services for users. With the TokenPocket wallet, users can easily connect to over 1,000 networks, tens of thousands of DApp applications, and the one-stop decentralized trading and market services provided by TokenPocket.

OKLink Annual Security Report: In 2024, losses across the network due to private key leaks decreased by 65% compared to the previous year, thanks to the indispensable role of on-chain tools

ChainCatcher news, OKLink has officially released the 2024 Security Annual Report, which states that the cumulative losses from on-chain security incidents across the network amount to approximately $1.945 billion. The losses due to private key leaks have decreased by 65.45% compared to 2023, totaling about $305 million, which accounts for 16% of the total losses. Among these, phishing scams caused losses of $705 million, accounting for 36% of the total losses. REKT incidents and RugPull incidents caused losses of $383 million and $141 million, respectively.Mainstream public chains remain the primary targets for hacker attacks, with losses for major public chains such as BTC, ETH, and ARB reaching $744 million, $902 million, and $228 million, respectively. In 2024, OKLink continues to make efforts, providing core technical support to over 120 municipal-level units and successfully assisting in handling more than 300 cases, with a total amount involved of approximately $685 million.At the same time, OKLink also offers a variety of on-chain security tools and features, such as address monitoring and token authorization queries, helping users quickly check and manage the assets authorized to smart contracts by addresses, identify suspicious transactions and addresses, thereby preventing fraudulent transactions.

The South Korean court prepares for the first debate on the lawsuit filed by WeMade employees against the company for not paying cryptocurrency bonuses

ChainCatcher news, on the afternoon of the 7th, the Civil Division 42 of the Seoul Central District Court held the first debate preparation for the lawsuit filed by 27 former and current senior executives of WeMade against the company for approximately 16.2 billion Korean Won in damages.Among these employees, some are still working at WeMade, consisting of members from the subsidiary Wemade Tree (the former blockchain department of WeMade). The company developed WEMIX, which was first listed on cryptocurrency exchanges in 2020. WeMade subsequently merged with Wemade Tree in February 2022.During the debate preparation that day, the plaintiff's representative argued: "The plaintiffs are employees who developed WEMIX and signed a compensation agreement for WEMIX development with the investors. The condition is that they have worked for more than 3 years." They further added: "The company has emails stating that it would clearly promise the plaintiffs token compensation."The judges commented: "The weakness of the plaintiffs is the lack of a contract," and "(even so) it is strange for the defendant to say they cannot give the employees a penny just because there is no contract."Previous news, former and current employees of Wemade Tree (now merged into Wemade), the development company of the WEMIX project, have filed a lawsuit against Wemade for damages amounting to 16.2 billion Korean Won (approximately 11.85 million USD).

Report: In 2024, multiple listed Bitcoin mining companies increased their BTC holdings and expanded into AI businesses, achieving business diversification

ChainCatcher message, according to a report released by NiceHash and Digital Mining Solutions on January 7, publicly listed Bitcoin mining companies are following in the footsteps of MicroStrategy by increasing their Bitcoin treasury holdings.The report states: "In 2024, there has been a significant shift among Bitcoin mining companies, with many choosing to retain more of their mined Bitcoin or not selling it at all."Mining companies may choose not to sell Bitcoin for various reasons, including expectations of further appreciation in BTC prices or strengthening their balance sheets, as well as for hedging against currency devaluation.The report mentions that MARA Holdings, Riot Platforms, and Hut 8 have used borrowed funds to increase their Bitcoin holdings, further expanding their treasury strategies. Four of the largest 16 Bitcoin-holding companies are mining firms.The report states that, in addition to their core mining operations, by 2024, some mining companies "will further diversify into high-performance computing and artificial intelligence to generate predictable revenue streams to buffer against mining volatility."This trend is particularly evident in the United States, where "the harsh mining economics and lucrative AI/HPC business are enticing them to diversify into other computing fields." In addition to increasing their BTC holdings, mining companies like CleanSpark have also chosen to retain most of the BTC produced in recent months. Several Bitcoin miners with a market capitalization of at least $100 million have generated significant revenue from AI and HPC initiatives. For example, in the first three quarters of 2024, HPC/AI revenue accounted for nearly 8% of Hut 8's revenue and nearly 7% of Hive Digital's revenue.
ChainCatcher Building the Web3 world with innovators