ChainCatcher message, KIP Protocol co-founder Julian cited the official previous statement from KIP Protocol on platform X, stating: "The wording of this tweet is inappropriate. There are reasons for doing this (LIBRA project). But we will not delete it to maintain complete transparency."

ChainCatcher news, Federal Reserve Chairman Powell stated that it is time to "revisit" the issue of de-banking, following criticism that the crypto industry is being excluded from banking services. During a Senate Banking Committee hearing on Tuesday, the committee's chairman, Tim Scott (R-S.C.), asked Powell if he would be willing to work with him to ensure that financial regulations do not "impose unnecessary burdens."Powell responded, "I commit to working with you, and we do strive to avoid overburdening. Frankly, I think it's fair to revisit the issue of de-banking." "We are not doing this intentionally, but sometimes regulation leads to certain outcomes, and we need to improve on that," Powell added. Scott also asked Powell if he would be willing to work with lawmakers to end the de-banking issue, to which Powell agreed.

ChainCatcher news, according to Bitcoin.com News, Iran has expressed support for a unified BRICS currency plan. BRICS countries are accelerating their efforts to reduce dependence on the US dollar, and a unified currency could significantly enhance economic ties among member states.Iran stated that it would fully support the plan if other member countries agree. In response, former US President Trump threatened to impose a 100% tariff if BRICS countries continue to advance the plan.

ChainCatcher news, Coinbase CEO Brian Armstrong responded to user complaints, stating that the platform is fully committed to expanding its Solana infrastructure to cope with the recent surge in trading volume. Crypto KOL Ansem previously stated that he paused using Coinbase due to Solana transaction delay issues.

ChainCatcher news, Bloomberg ETF analyst Eric Balchunas posted on the X platform: "We have heard that the S-1 application for the Litecoin ETF has received a response from the SEC, which seems to confirm our prediction that Litecoin is most likely to be the next approved cryptocurrency ETF. That said, the new chairman of the SEC has not yet taken office, which is a huge variable."

ChainCatcher message, the National Cybersecurity and Information Security Information Notification Center has discovered a batch of malicious websites and malicious IPs from abroad. Foreign hacker organizations are continuously launching cyber attacks against China and other countries using these websites and IPs. These malicious websites and IPs are closely associated with specific Trojan programs or Trojan control servers, with one malicious address linked to the Nanocore virus family sample, which can expand to implement various malicious functions, such as cryptocurrency mining, ransomware attacks, etc.

ChainCatcher news reports that a investigation by the UK's The Guardian has found potential security issues with OpenAI's ChatGPT search tool, which could be exploited to manipulate content by hiding it.The Guardian tested ChatGPT's response when asked to summarize web pages containing hidden content. The hidden content may include third-party instructions, such as extensively discussing the benefits of a particular product, which can alter ChatGPT's responses. This technique can be maliciously used, for instance, to make ChatGPT return positive reviews despite negative comments about the product on the same page. Testers provided ChatGPT with a fake URL that resembled a camera product page and then asked if the camera was worth buying. ChatGPT gave a positive but balanced review, while highlighting some features that people might not like. However, when the hidden text contained instructions for ChatGPT to return positive reviews, its responses were always entirely positive, even when there were negative comments on the page.CyberCX cybersecurity researcher Jacob Larsen stated that if ChatGPT search remains open to everyone in its current state, there could be "high-risk" individuals creating websites specifically designed to deceive users. (Jin Shi)

ChainCatcher message, according to Whale Alert monitoring, at 23:24 Beijing time, BTCTurk exchange transferred 23,285 ETH (approximately 80.75 million USD) to an unknown wallet again.BTCTurk officials later responded that this transfer is part of the exchange's wallet optimization operation, fully managed internally, with no abnormal situation.

ChainCatcher news, according to Ledger Insights, the German Parliament (Bundestag) passed the Financial Market Digitalization Act (Finanzmarktdigitalisierungsgesetz of FinmadiG) this week. The parliament responded to industry demands to ensure legislation is in place before MiCAR fully comes into effect on December 30.FinmadiG not only pertains to cryptocurrencies and MiCAR but also affects other EU laws, such as DORA and the Funds Transfer Regulation. For MiCAR, it introduces the Cryptocurrency Market Regulation Act (KMAG), which replaces Germany's old cryptocurrency rules with MiCAR.Technically, MiCAR is a regulation, so local laws are not required. However, legislation must designate BaFin as the regulatory authority; otherwise, BaFin cannot issue licenses. This will allow EU companies with cryptocurrency licenses from other countries to operate in Germany, but German companies will not be able to operate in the EU.Additionally, MiCAR allows companies holding existing licenses to continue operating for up to 18 months, with the transition period determined by each jurisdiction. The new German legislation specifies one year.

ChainCatcher news, according to Decrypt, in response to changing regulations, Bybit has decided to temporarily adjust the availability of its products and services within the European Economic Area (EEA).Bybit will completely cease all communications with the EEA, a measure aimed at avoiding any potential violations of strict reverse solicitation principles. Existing customers will not experience any interruption in access to their crypto assets.Additionally, Bybit is actively seeking the MiCAR license in Austria to become one of the first participants in the EEA. Once the appropriate license is obtained, Bybit will begin working with its EEA customers in accordance with applicable laws.

ChainCatcher news, according to Jinshi reports, the South Korean Ministry of Finance stated that recent market fluctuations have been somewhat excessive and will take measures to stabilize the market in response. Possibly influenced by this news, the South Korean KOSPI index opened up 1%.

ChainCatcher news, according to CrowdFund Insider, the board of the crypto bank Custodia Bank voted this week to further scale back operations and preserve capital in response to the significant upcoming crypto policy reforms from the new Washington government. The bank stated that this move will preserve its core businesses, including its banking license, API-based real-time payments, Bitcoin custody platform, and patented bank-issued stablecoin.Custodia Bank founder and CEO Caitlin Long expressed satisfaction with the team, customer service, and team resilience, despite facing multiple unwarranted delistings from banks.In August of this year, influenced by the Biden administration's crypto asset regulatory policies, Custodia Bank laid off 9 out of 36 employees to conserve resources in response to legal actions with the Federal Reserve. The bank is seeking to obtain master account access, which would allow it to directly access the Federal Reserve's liquidity tools and avoid additional costs incurred through other institutions.

ChainCatcher news, regarding the previous report by The Wall Street Journal about "Elon Musk having regular communications with Russian President Vladimir Putin," NASA Administrator Nelson stated on the 25th local time that an investigation should be conducted.In addition, Musk himself also seemingly responded to the related reports. It was reported that a netizen commented on the related reports, saying that someone is trying to promote the idea that "Musk is a Russian agent." In response, Musk replied with two "laughing and crying" emojis below.

ChainCatcher news, according to The Block, Across Protocol co-founder Hart Lambur proposed to permanently set a supply cap of 1 billion ACX tokens. If this proposal is approved by the community, Across Governance will relinquish all ownership control over the ACX tokens and set it to the 0x0 address to prevent any future minting or burning operations on the token supply.This move stems from previous criticisms by LayerZero Labs CEO Bryan Pellegrino regarding the Across token contract. Pellegrino pointed out serious issues with the contract, stating that its errors exposed an internal private burn function in the OpenZeppelin ERC-20 token implementation, allowing the contract owner to freely empty any wallet's tokens. He also noted that the Across Protocol and UMA protocol contracts have unlimited minting privileges.In response, the community believes this is more of a transparency issue rather than a security issue. Although Lambur initially denied these allegations, he later acknowledged that there were flaws in the design choices and stated that the new proposal reflects the "spirit of decentralization and transparency." The proposal is currently undergoing a temperature check vote, with a support rate as high as 99.5%.

ChainCatcher news, Coinbase has requested the judge's approval to file an interlocutory appeal in its lawsuit against the SEC, due to the SEC's recent appeal of the ruling in the Ripple case. Coinbase hopes that by filing the appeal simultaneously, the Second Circuit Court will have a comprehensive understanding of the case. The exchange aims to review the applicability of the "Howey Test" in digital assets, which is the traditional standard for determining securities. Although the SEC has requested to dismiss Coinbase's appeal, the judge has not yet ruled on this matter.Industry experts indicate that the SEC's appeal in the Ripple case strengthens Coinbase's argument, suggesting that this is a prudent move.

ChainCatcher news, according to CoinDesk, Presto Research's analyst based in Singapore, Rick Maeda, pointed out that today's interest rate cut and reserve requirement ratio reduction by the People's Bank of China hardly triggered a reaction in the cryptocurrency market, but led to a rise in Asian stock markets, with the Hong Kong Hang Seng Index up 3.2% and the Shanghai Composite Index up 4.15%.The lack of response from Bitcoin to this news contrasts with the rise in Chinese stock indices, highlighting that its current beta seems to be more closely linked to Federal Reserve policy and the U.S. market, especially after last week's FOMC meeting, with the correlation to U.S. stocks nearing a two-year high.