ChainCatcher news, the Constitutional Court of Korea stated that the impeachment case documents sent to Yoon Suk-yeol were not received, but they still have delivery effect. The Constitutional Court announced that the first preparatory hearing (pre-trial meeting) for the impeachment case will be held as scheduled on December 27. (Jin Ten)

ChainCatcher news, according to Cointelegraph, promotional materials for the Bitcoin white paper and its logo have appeared on the streets of Scotland.

ChainCatcher news, FOX reporter Eleanor Terrett posted on social media that former Acting Comptroller of the Currency (OCC) Brian Brooks has joined the board of MicroStrategy.Previously, Brian Brooks also served as the CEO of Binance US.

ChainCatcher news, Electric Capital partner Maria Shen will host a special discussion in X Space with Consensys Head of Developer Relations Francesco and HackQuest co-founder Harry, focusing on the latest developer report released by Electric Capital. The three guests will delve into the core conclusions of the report, strategies for onboarding developers from different ecosystems, future development trends of the Web3 developer ecosystem, and innovative directions in developer education, among other topics.

ChainCatcher news, according to the Workers' Daily report, the Beijing People's Procuratorate has released the work situation of the "Procuratorial Protection for Enterprises" special action and published typical cases. In a case of embezzlement, the defendant defrauded the company of over 140 million yuan, and the procuratorial authorities tracked the virtual currency to recover losses.Between 2020 and 2021, Feng, taking advantage of his position at a certain technology company's service provider and regional operations growth department, conspired with Tang and Yang to defraud the company of service provider bonuses totaling over 140 million yuan. Subsequently, Feng directed Tang and Yang to use eight overseas virtual currency trading platforms to convert the involved funds from yuan to virtual currency, obfuscating the source and nature of the funds through overseas "mixing" platforms, and transferring them in multiple layers. Part of the involved funds flowed into accounts controlled by Feng and others in yuan form, while some were concealed by Feng and others in virtual currency form.In response to the defendants' distribution of profits using virtual currency and the obfuscation of fund flows through overseas "mixing" platforms, the procuratorial authorities conducted a line-by-line comparison and two-way review of virtual currency and legal tender, accurately identifying the flow of funds. This ultimately prompted Feng to return 92 bitcoins, recovering over 89 million yuan in illicit gains, maximizing the economic losses recovered for the victimized unit.On September 14, 2024, the Beijing First Intermediate People's Court issued a judgment, sentencing defendant Feng and seven others for embezzlement, with prison terms ranging from 14 years and 6 months to 3 years, along with corresponding fines. The judgment has taken effect.

ChainCatcher news, according to Cointelegraph, the Nigerian Securities and Exchange Commission has updated its crypto regulations, adding requirements for virtual asset service providers (VASP) and social media influencers regarding crypto-related marketing promotions.In the revised digital asset rules, the regulator stated that VASPs promoting their crypto products in collaboration with third-party service providers must "obtain prior approval from the commission." The rules also require VASPs to ensure that third-party providers comply with the marketing rules set by the SEC. These rules apply to any VASP providing services to residents of the country and are set to take effect on June 30, 2025.

ChainCatcher news, according to Fortune, the team of Sun Yuchen pressured its new owner Bullish to remove related articles due to dissatisfaction with the report published by CoinDesk. The article detailed Sun Yuchen's behavior of purchasing an artwork banana for $6.2 million and consuming it, while also mentioning his legal disputes with the U.S. Securities and Exchange Commission and controversies surrounding the Tron blockchain. After the article was deleted, the CoinDesk editorial team expressed concerns about independence.Bullish acquired CoinDesk for $75 million last year and promised that it would operate as an independent subsidiary. However, this incident has intensified the tension between the media and its owner. CoinDesk's editorial board chair Matt Murray has resigned, and Bullish has not commented on the incident.

ChainCatcher news, according to Fortune, the team of Sun Yuchen pressured its new owner Bullish to remove related articles due to dissatisfaction with the report published by CoinDesk. The article detailed Sun Yuchen's purchase of an artwork banana for $6.2 million and his act of eating it, while also mentioning his legal disputes with the U.S. Securities and Exchange Commission and controversies surrounding the Tron blockchain. After the article was removed, the CoinDesk editorial team expressed concerns about independence.Bullish acquired CoinDesk for $75 million last year and promised to operate it as an independent subsidiary. However, this incident has intensified the tension between the media and its owner. CoinDesk Editorial Board Chairman Matt Murray has resigned, and Bullish has not commented on the incident.

ChainCatcher news, citing the local English news media "The International," reports that earlier this year, with the help of Europol, a 39-year-old suspect with a series of prior convictions was arrested in Milan, Italy. The suspect is reported to have been involved in a new variant of a "scam" scheme that traditionally uses counterfeit money to purchase luxury goods, such as expensive watches or gold. In this case, the victims gave the scammers cryptocurrency in exchange for counterfeit cash. The Vienna police refer to this variant as "Rip-Deal 2.0."The suspect was also found to be in possession of €200,000 in counterfeit cash. Gerald Goldnagl, the chief inspector of the Vienna division, stated, "These crimes are typically carried out by organized gangs from the Western Balkans."Detective Mario Kaintz noted that the gang's scamming tactics are "sophisticated." In some cases, "they make victims input passwords or 'seed phrases' for their cryptocurrency wallets, and sometimes they even use hidden cameras in the ceiling to spy on the victims' phone screens."

ChainCatcher news, according to Nobsbitcoin, a memorandum shows that the pre-trial hearing for Samourai Wallet has been postponed from December 17, 2024, to March 12, 2025, with the trial date set for November 3, 2025. Since the pre-trial conference on September 17, 2024, the U.S. government has submitted the third and fourth batches of evidence and provided copies of the first and second batches to developer Keonne Rodriguez on November 6, 2024. The fifth batch of evidence is expected to be submitted within seven days, containing data extracted from seized devices.The FBI is reviewing 45 devices seized from Keonne Rodriguez and William Lonergan Hill for confidential information and plans to release the remaining data by early 2025. So far, 17TB of data has been shared, accounting for more than half of the total, and more evidence is expected to be released. The defense has described the volume of this evidence as enormous, likening it to "75% of the Library of Congress's collection," with a stack of paper thick enough to make 22 round trips to the moon.

ChainCatcher news, according to Cointelegraph, the Economic and Financial Crimes Commission (EFCC) of Nigeria raided a cryptocurrency scam center in Lagos on December 10, arresting 792 suspects, including 148 Chinese citizens and 40 Filipino citizens.According to Ken Gamble, co-founder of the cybercrime investigation firm IFW Global, the scam gang offered Nigerian employees a monthly salary of $500 plus performance bonuses, which is 10 times the local minimum wage.

ChainCatcher news, according to Thai media Moneyandbanking, former Thai Prime Minister Thaksin Shinawatra stated at a seminar that Trump might repay the U.S. debt using Bitcoin, while specifically emphasizing that this is not an encouragement for everyone to buy Bitcoin, but a reminder that this is a trend. Currently, various cryptocurrencies have emerged, and some say that the number of future currencies may exceed the number of countries. The Thai people must keep up with the times and understand these changes.Thaksin also suggested that the Prime Minister could instruct the Ministry of Finance to study whether Bitcoin could be accepted in Thailand, for example, by piloting the use of Bitcoin in Phuket, allowing Bitcoin holders to make payments locally.

ChainCatcher news, according to Jinshi reports, the elected President Trump stated that he may veto budgets or appropriations that do not comply with the newly established Department of Government Efficiency (DOGE).

ChainCatcher news, Consensys has released the latest Web3 survey conducted in collaboration with YouGov. The survey further confirms the high penetration of cryptocurrency in emerging markets, with Nigeria standing out, followed closely by South Africa. The five jurisdictions most likely to invest in cryptocurrency in the next 12 months are Nigeria (93%), South Africa (77%), the Philippines (59%), India (58%), and Indonesia (54%). The least likely to purchase are Europeans, Canadians, and Japanese. UK respondents scored the lowest (15%), while the US was at 41%, situated between Brazil (43%) and Argentina (39%).As for the main factors hindering investment, they include volatility, scams, and the lack of basic knowledge to enter the market. A considerable number of people do not understand the purpose of blockchain or find it too complex, thus believing that this investment is only suitable for those who are tech-savvy. Additionally, 47% of respondents stated that the current banking system works well but still has room for improvement. However, 18% believe a complete overhaul is necessary, while 19% think the status quo is sufficient.

ChainCatcher news, Web3 AI cloud startup Hyperbolic announced the completion of a $12 million Series A funding round, led by Variant and Polychain Capital, with participation from Chapter One, Lightspeed Faction, Bankless Ventures, GSR, IOSG, Vertex, Blockchain Builders Fund, Wintermute, Alumni Ventures, 10K Ventures, Ambush Capital, and several angel investors. With this investment, Hyperbolic has raised a total of $20 million.The new funds will be used to expand the engineering and strategic teams and enter the market. Hyperbolic plans to launch its own blockchain next year. According to reports, Hyperbolic aims to provide verifiable, secure, and reliable AI services to the market by integrating global GPU computing resources and incorporating blockchain technology, effectively alleviating the industry's pain points of high computing resource costs and uneven distribution. At the same time, the company has also launched a decentralized orchestration layer, Hyper-dOS (Hyperbolic Distributed Operating System), to provide solid technical support for the entire GPU market.

ChainCatcher news, Google has announced the launch of its first quantum chip, Willow, raising concerns about the potential decryption of private keys to steal user funds.Bernstein analyst Gautam Chhugani wrote in a report that the 105-qubit chip is still far from the millions of qubits needed to actually attack the Bitcoin Elliptic Curve Digital Signature Algorithm (ECDSA) and the Secure Hash Algorithm (SHA-256).The analyst stated, "Should Bitcoin contributors start preparing for a quantum future? Yes, but any actual threat to Bitcoin seems to be decades away."It is reported that ECDSA is a cryptographic algorithm used to protect private keys and enable digital signatures for Bitcoin transactions. SHA-256 ensures the integrity of the Bitcoin ledger by hashing transaction data, playing a crucial role in the mining process through Bitcoin's proof-of-work mechanism.

ChainCatcher news, the blockchain Mandala Chain has completed a $1 million Pre-Seed funding round, led by Harbour Industrial Capital, with participation from O-DE Capital, NLS Ventures, and strategic partners from the Polkadot ecosystem. This funding will enable Mandala Chain to scale its operations, establish strategic partnerships, and expand its influence in emerging markets.Mandala Chain focuses on deploying real-world use cases, aiming to drive meaningful adoption of blockchain technology, starting from Indonesia.