ChainCatcher news, Mechanism Capital partner Andrew Kang stated on social media, "The recent development of artificial intelligence has made data one of the most valuable commodities in the world.Grass has created a data pipeline through a crypto incentive mechanism that most AI companies cannot access. At the current growth rate, they seem poised to achieve nine-figure high-level revenue next year, potentially even surpassing a billion dollars.We have researched many projects that combine crypto and AI, but unfortunately, most of them lack investment value. Grass is one of the top legitimate projects that has emerged in this cycle, with strong fundamental support."

ChainCatcher news, according to Cointelegraph, recently Pump.fun faced community criticism for users spreading violence and harmful behavior through live broadcasts, leading to calls for enhanced content moderation or the shutdown of the live streaming feature. One user threatened during a live stream that they would self-harm if their token did not reach its market cap target; others threatened to commit domestic violence or even school shootings, with community members pointing out that the feature has become "completely out of control."Platform head Alon responded that Pump.fun has arranged for a team to review live streams, images, and comments around the clock, and is actively responding to the growing demand. However, the community is urging the platform to suspend the live streaming feature until moderation tools are improved and to take more transparent measures to prevent similar incidents from occurring.

ChainCatcher message, Binance will enforce the Self-Trade Prevention (STP) feature for all Binance contract users starting from December 10, 2024, at 14:00 (UTC+8). With this update, STP will cover spot, margin, and contract trading on the Binance platform.

ChainCatcher News, the U.S. House of Representatives will address Congressman Mike Flood's recent statement: "Despite widespread opposition, SAB 121 continues to operate as a regulation, even though it has never gone through the normal Administrative Procedure Act process."Flood stated: "I look forward to working with the next SEC Chair to rescind SAB 121. Whether Chair Gary Gensler resigns on his own or President Trump fulfills his (promise to fire Gensler), the new administration has a tremendous opportunity to usher in a new era post-Gensler."He added: "Gensler's opposition to the bipartisan digital asset regulatory framework passed by the House earlier this year should come as no surprise. 71 Democrats joined House Republicans in passing this commonsense framework. Although the Democrat-led Senate refused to accept it, it represents a breakthrough moment for cryptocurrency and could inform the work of a unified Republican government when the next Congress begins in January."

ChainCatcher news, according to Cointelegraph, U.S. Securities and Exchange Commission (SEC) Chairman Gery Gensler announced plans to resign on January 20, 2025. However, the new nominee for SEC Chairman will face scrutiny from the U.S. Senate, as all commission members must be confirmed by the Senate.It is reported that Trump may attempt to bypass some appointment confirmation procedures through a recess appointment; however, this would require Congress to vote for a recess, and Congress may be reluctant to do so unless the nominee is uncontroversial.

ChainCatcher news, Curve Finance stated that after Trump recently won the U.S. election, the crypto industry has experienced explosive growth, with key stocks like MSTR and COIN being reassessed, and Bitcoin approaching the $100,000 mark.Leverage demand has led to an increase in weekly revenue for the DAO, rising from an average of $268,000 before Trump's inauguration to $581,000 in the past week. The annual income currently allocated to veCRV holders is approximately $31 million, excluding income from voting incentives.

ChainCatcher news, according to Jinshi reports, the number of initial jobless claims in the U.S. for the week ending November 16 was 213,000, expected to be 220,000, and the previous value was revised from 217,000 to 219,000.

ChainCatcher news, according to Sifted, based on documents submitted to the UK Companies House this month, the crypto wallet Deblock, created by former executives from Revolut and Ledger, has completed an additional £13.3 million (approximately $16.8 million) in seed funding. Another document from October shows that Headline, Hoxton, 20VC, and Chalfen are the main investors in this round of financing. Sifted previously reported that this startup quietly raised €12 million last year.It is reported that in August 2022, former Revolut cryptocurrency head Jean Meyer, payment head Aaron Beck, and former Ledger engineering head Mario Eguiliuz co-founded Deblock. Later that year, the startup poached Revolut's Chief Operating Officer for European Banking, Adriana Restrepo, to serve as its fourth founder.Deblock CEO Jean Meyer declined to comment on this round of funding. According to its website, the Deblock application is currently only available in France, where it is regulated as an electronic money institution and a digital asset service provider.According to RootData, Deblock is an integrated current account with a non-custodial wallet, allowing users to deposit, withdraw, spend, and exchange euros or cryptocurrencies.

ChainCatcher news, according to Jinshi reports, NVIDIA (NVDA.O) announced its third-quarter financial report for fiscal year 2025, with revenue reaching $35.1 billion, a year-on-year increase of 94%, exceeding market expectations of $33 billion; net profit was $19.31 billion, far exceeding the expected $16.93 billion. In addition, third-quarter gaming business revenue was $3.3 billion, and data center business revenue was $30.8 billion, a year-on-year increase of 112%.NVIDIA expects fourth-quarter revenue to be $37.5 billion, slightly above market expectations, but some investors' expectations were not met, leading to a drop of 5% in after-hours trading following the earnings report. CEO Jensen Huang stated that artificial intelligence is driving global computing demand growth, and the production of Blackwell systems is accelerating comprehensively, with fourth-quarter deliveries expected to exceed expectations. The company expects gross margin to reach over 70% in 2025. Nevertheless, some analysts believe there is uncertainty in its revenue outlook, especially in the case where Blackwell demand exceeds supply.