ChainCatcher news, according to Jinshi reports, the U.S. Senate has passed a temporary funding bill to avoid a government shutdown, and Biden is expected to sign the bill into law on Saturday.ChainCatcher previously reported, citing Fox News as reported by Jinshi, that after Congress failed to pass a temporary spending bill to avoid a government shutdown and send it to President Biden's desk before the deadline, some government agencies have shut down. The Senate is currently actively voting on amendments and other deliberations to submit the bill to Biden. This temporary bill is expected to pass in the Senate within the next few hours.This partial government shutdown comes just days before Christmas and New Year. However, since the Senate is expected to pass the bill shortly, the disruption to government functions from the brief shutdown will be minimal.

ChainCatcher news, according to Jin Shi citing Fox, after Congress failed to pass a temporary spending bill to avoid a government shutdown and send it to President Biden's desk before the deadline, some government agencies have shut down. The Senate is currently actively voting on amendments and other deliberations to submit the bill to Biden. This temporary bill is expected to pass in the Senate within the next few hours.This partial government shutdown comes just a few days before Christmas and New Year. However, since the Senate is expected to pass the bill shortly, the disruption to government functions will be minimal.

ChainCatcher news, according to Caixin, the U.S. House of Representatives voted on December 20 local time to pass an emergency funding bill to prevent a government "shutdown." The new bill will continue to provide operating funds for the U.S. government until March of next year, thereby avoiding a "shutdown" of certain federal agencies after midnight on the 21st Eastern Time.It is reported that the latest bill is almost identical to the one that failed to pass on the 19th, but it removed the section regarding the debt ceiling, leaving three main parts: a short-term extension of government spending, billions of dollars in disaster relief funds, and additional assistance for farmers.

ChainCatcher news, according to Fox News, sources say that Republican negotiators in the U.S. House of Representatives have reached a preliminary agreement on Plan C to avoid a government shutdown at the end of Friday. The agreement will include a short-term extension of this year's federal funding levels, disaster relief funds, and agricultural support for farmers— but will be divided into three separate bills.The agreement will also include a handshake deal to take action on next year's debt ceiling, which is part of the Republican plan to pursue large-scale conservative policy reforms through the reconciliation process. (Jin Shi)

ChainCatcher News: House Republicans are looking for ways to avoid a government shutdown, as their second funding proposal was rejected on Thursday night. There are only a few hours left until the Friday deadline.House Speaker Johnson stated earlier on Friday that Republicans have reached a C plan to avoid a government shutdown and plan to vote on it soon. Senate Republicans expressed their disappointment over the failure of two proposals they witnessed in the House to fund the government through Christmas, calling it a "chaotic farce" and a "disaster." Incoming Senate Majority Leader John Thune (Republican) said as he left the Capitol, "I think everything is back to square one."

ChainCatcher news, according to Jinshi reports, Musk stated that the U.S. government must either pass reasonable legislation that effectively serves the people or shut down.

ChainCatcher news, according to Jinshi reports, the elected President Trump stated that if the U.S. government is going to shut down, then let it start now.

ChainCatcher news, according to Fox News reported by Jin Shi, the U.S. House of Representatives may vote on a temporary solution to the government shutdown at 10 AM local time on Friday.

ChainCatcher News, the U.S. Treasury Department announced on Tuesday that it has taken action to shut down a North Korean cryptocurrency money laundering network that has laundered millions of dollars for North Korea, a major player in global crypto crime.According to a press release from the U.S. Treasury's Office of Foreign Assets Control (OFAC), a shell company based in the UAE named Green Alpine Trading, LLC was found to be exchanging cryptocurrency for cash, providing funding to North Korea. The U.S. government's sanctions office has blacklisted the company and sanctioned two Chinese nationals who have been involved in the network since 2022.The press release stated that the UAE cooperated with the U.S. in this operation. It is currently unclear what has happened to the two sanctioned Chinese nationals—Lu Huaying and Zhang Jian. According to the press release, they collaborated with North Korea's "agent" Sim Hyon Sop to engage in illegal activities.

ChainCatcher news, according to Cryptonews, Japan's newly appointed Digital Minister Masaaki Taira announced on November 27 at a forum that Prime Minister Shigeru Ishiba has restructured his party's web3 and cryptocurrency policy-making department.Masaaki Taira explained that the ruling Liberal Democratic Party will dissolve the existing Web3 project team (PT) and establish a dedicated department within the party's Digital Society Promotion Division. Former Web3 project team secretary general Akihisa Shiozaki will lead this new unit.Since the restructuring, Shiozaki's X account profile has been updated, but it is noted that the relevant content regarding "Web3 policy" has not been removed. The government has not yet clarified the full responsibilities of the Digital Society Promotion Division.

ChainCatcher news, DeFi derivatives protocol Cega announced that it has been acquired by a "leading platform," with the name of the acquirer and the acquisition amount undisclosed.The company stated that it will discontinue its product suite by the end of the year, Cega's platform will no longer accept deposits, and the protocol urges users to start withdrawing, as the protocol's products will cease operations by the end of this year. Cega stated on the X platform: "Cega's original vision was to create the next evolution of DeFi derivatives.Today, we are excited to announce that we have been acquired by a leading platform and will continue to drive this vision forward. Our team is very proud to have been the first to introduce exotic options to DeFi, processing 500 million transactions and securely safeguarding user funds over the past three years."

ChainCatcher message, the Base ecosystem one-click token issuance AI Agent application Clanker officially posted on X platform stating: "Clanker will temporarily close tonight, some interesting things are being prepared, I love you all."

ChainCatcher news, according to The Block, cryptocurrency exchange Kraken will shut down its NFT marketplace to free up resources for upcoming projects. After November 27, 2024, users will no longer be able to list, bid, or sell NFTs on Kraken's NFT marketplace and will only be able to withdraw assets. The marketplace will be completely closed on February 27, 2025.

ChainCatcher News: The U.S. Department of Justice has announced the seizure of the cybercrime platform Popeyetools and the indictment of its administrators Abdul Ghaffar, Abdul Sami, and Javed Mirza, accusing them of selling stolen financial data and assisting in ransomware and fraud crimes. Since 2016, the platform has profited $1.7 million through methods such as cryptocurrency payments, involving the sale of stolen credit card data and personal identification information. Law enforcement also seized $283,000 worth of cryptocurrency from a wallet controlled by Sami.U.S. prosecutors stated that this operation was made possible through international law enforcement cooperation, successfully dismantling a platform that provided services such as "Live Fullz" and financial data verification tools. If convicted, the defendants face up to 10 years in prison for each charge.

ChainCatcher news, DMM Crypto, the blockchain gaming and NFT division of the Japanese cryptocurrency exchange operator DMM, will shut down its Seamoon Protocol. The company announced that no new services will be added to the ecosystem, and future arrangements for existing services on the platform are under discussion. The Seamoon Protocol is supported by the SMP token in the DM2 Verse on the Oasys L2 blockchain. The Seamoon portal is a Web3 gaming and content site featuring games and anime produced by the Japanese e-commerce and internet group DMM.com.

ChainCatcher news, during the "DeInsight 2024" annual summit held in Bangkok at Devcon, Layer2 infrastructure MegaETH co-founder Shu Yao shared a keynote speech titled "MegaETH: Building the First Real-Time Blockchain Network."Since 2020, the two main scalability roadmaps advocated by Ethereum founder Vitalik Buterin, OP Rollup and ZK Rollup, have seen innovations occurring at the consensus layer. Although both have their advantages, they have not resolved performance issues, primarily due to the lack of consensus on sequencer validation. MegaETH aims to address these problems.Shu Yao stated that MegaETH is building a Layer2 solution that integrates ultra-high throughput, extremely low latency, and EVM compatibility, aiming to accelerate Ethereum's journey towards the ultimate form of scalability.Shu Yao mentioned that the MegaETH network can process up to 100,000 transactions per second (TPS) with sub-millisecond ultra-low latency, aiming to create the first real-time block network.She explained that the ultra-low latency of the block network means that all applications can run in real-time, which is extremely important for consumer applications. The extremely low latency will unlock previously unimaginable consumer applications.For more content from the conference, please check the following links:Video live stream link:https://www.youtube.com/live/tTVcUPumPysImage live stream link:https://www.pailixiang.com/album_ia7637038926.html

ChainCatcher news, according to The Block, Twitter co-founder Jack Dorsey's payment company Block (SQ) plans to refocus on building devices for Bitcoin (BTC) miners and its self-custody crypto wallet, with part of the funding coming from abandoning the creation of a new decentralized internet known as "Web5" (established in June 2022) and reducing investment in the music streaming app Tidal.This decision was announced in the same week that Trump won the U.S. presidential election, where he promised to provide a more crypto-friendly environment in the U.S., with Bitcoin mining being one of the industries he pledged to support during his campaign.In addition to a letter to shareholders, Block also released its third-quarter financial results on Thursday. According to FactSet data, the company's revenue was $5.98 billion, below Wall Street analysts' average expectation of $6.24 billion. Subsequently, the company's stock price fell by as much as 10%.

ChainCatcher news, according to Portal Do Bitcoin, the BeeFund platform is suspected of freezing customer balances and shutting down its website.Initially, the cryptocurrency investment program offered by the company promised a maximum daily return of 12.75%. Since the beginning of October, BeeFund has received numerous complaints about frozen withdrawals from customers on the Reclame Aqui website. In response, BeeFund announced in its Telegram group that it would convert all customer balances into a new cryptocurrency called BEEB 2.0.To access their balances, customers must first deposit $10 in stablecoins before November 6. If this requirement is not met, starting from November 7, customers will need to pay 10% of their frozen balance to redeem their funds. For example, a customer who invested $1,000 would need to pay $100 to redeem.This move has raised concerns in the community about the platform's transparency and legitimacy, suspected of being a scam.

ChainCatcher news, according to X user @woodycryptow, the community manager of the Web3 automation tool NFTSniper announced that the website will be gradually shut down.The specific arrangements are as follows:Service fees will be reduced to 0;The Meme feature will be removed on January 1, 2025;Non-meme features will be removed and the website will be shut down on January 7, 2025;New feature development will continue until December 31, and real-time issue response will be maintained until the website closes.