ChainCatcher news, the American cryptocurrency lobbying group (Blockchain Association) stated on social media that a lawsuit has been filed against the new "broker" related regulations enacted by the IRS and the Treasury Department.The IRS and the Treasury Department have exceeded their statutory authority by expanding the definition of "broker" to include providers at the front end of DeFi transactions, even though they do not execute trades. This not only infringes on the privacy rights of individuals using decentralized technology but also pushes emerging technologies overseas.

ChainCatcher news, Coinbase International announced the top five perpetual contract trading pairs by average daily trading volume (ADV) to be launched in 2024 (as of December 13, 2024):SUI-PERPNEAR-PERP1000PEPE-PERP1000SATS-PERPWIF-PERP

ChainCatcher news, regarding the "U.S. judge ruling that Coinbase can delist WBTC," BiT Global stated that it is disappointed with the ruling but respects the court's decision and appreciates the court's prompt handling of the matter and serious consideration.It emphasized that this ruling is not a final judgment on the case, but merely determines that Coinbase's delisting does not seem to have caused irreparable harm to BiT Global, thus the temporary restraining order is reasonable. The court clearly stated that this ruling does not prevent BiT Global from seeking a preliminary injunction or continuing to litigate the case through trial in the future. "We look forward to continuing to litigate this case and having the opportunity to fully demonstrate the impact of Coinbase's erroneous decision in the future."

ChainCatcher news, according to official sources, USDT has been launched on the Sui Bridge. Ethereum users can now easily and smoothly access the Sui DeFi ecosystem by transferring assets such as ETH and USDT, leveraging Sui's signature speed and security.

ChainCatcher news, according to Bloomberg, the Internal Revenue Service (IRS) stated in a lawsuit that staking cryptocurrency should immediately create a tax obligation upon completion.The IRS dismissed the lawsuit filed by cryptocurrency investor Joshua Jarrett in the U.S. District Court for the Middle District of Tennessee. The lawsuit concerns the tax treatment of staking, which is the process of generating new tokens by using existing tokens and computing power to validate currency transactions.In a response on December 20, the IRS denied that staking creates new property and argued that the taxpayer (Jarrett) should pay taxes on the value of the tokens when he receives the staking rewards.

ChainCatcher news, encrypted influencer Haliey Welch posted a response to the HAWK token crash incident. She stated that she will fully cooperate with the investigation and assist the legal team representing the affected investors, dedicated to uncovering the truth and holding the responsible parties accountable.Previously, a meme coin featuring Haliey Welch's portrait, HAWK, was launched on December 4, reaching a market cap of $500 million, before plummeting 90%, prompting investors to file lawsuits. Welch urged affected investors to contact the Burwick legal team.

ChainCatcher news, Doodles NFT founder burnt toast posted a cryptic message on social media this morning, but the first letter of each word spells out "token is coming," which seems to hint at the release of a token.As a result of this news, the Doodles floor price briefly surged, reaching a high of over 8 ETH this morning before retreating, currently reported at 6.78 ETH, with a 24-hour increase of 61.77% and a trading volume of 4099.53 ETH.

ChainCatcher news, Doodles NFT founder burnt toast posted a cryptic message on social media this morning, but the first letter of each word spells out "token is coming," suggesting a potential token release.As a result of this news, the Doodles floor price briefly surged, reaching a high of over 8 ETH this morning before retreating, currently reported at 6.77 ETH, with a 24-hour increase of 61.77%.

ChainCatcher news, Grayscale announced on platform X that Grayscale Sui Trust is now open to qualified investors, allowing these investors to gain investment exposure to SUI.

ChainCatcher news, according to official sources, the Sui Foundation has appointed former Meta executive Christian Thompson as its new Managing Director.Christian Thompson was previously an early member of the Libra/Diem project. Before joining Meta, he founded Knowledge Preserve and OnDetail, and served in various law enforcement agencies for nearly a decade. In the financial sector, he founded The Capital Quorum and co-founded the Capitola Public Safety and Community Service Foundation.

ChainCatcher news, according to Cointelegraph, a crypto advocacy group is urging the U.S. Securities and Exchange Commission to immediately review all existing crypto-related investigations, Wells notices, and ongoing lawsuits from the first day of Trump's new administration.The Digital Chamber's Token Alliance stated in a release that the new U.S. government will provide the SEC with an opportunity to reset its "historically problematic relationship" with the digital asset industry. Notably, Trump's nominee for SEC Chairman, Paul Atkins, is one of the members of the advisory board of this alliance.

ChainCatcher news, according to Decrypt, the Bitcoin re-staking platform SatLayer announced its integration with the Layer1 blockchain Sui, which will enable developers to leverage Bitcoin's $2.1 trillion market cap to provide security for decentralized applications on Sui.SatLayer is deployed on the Babylon chain and currently has 57,300 Bitcoins worth $6 billion committed to staking. The Sui ecosystem has 150 full-time developers in 2024, and this integration will bring new development opportunities to its DeFi ecosystem.

According to ChainCatcher news, as reported by decrypt, Crypto.com voluntarily withdrew its lawsuit against the U.S. Securities and Exchange Commission (SEC). Market analysts believe that the timing of this decision is not coincidental, as the exchange's CEO Kris Marszalek had previously met with Donald Trump at Mar-a-Lago. The decision to withdraw the lawsuit may indicate that Crypto.com believes closer cooperation with the new government could be beneficial for its open attitude towards supporting crypto innovation.

ChainCatcher message, Circle posted on the X platform that the cross-chain transfer protocol CCTP has been launched on Sui, allowing developers and their users to securely transfer USDC between 9 blockchains with 1:1 capital efficiency.

ChainCatcher news, according to official sources, Wormhole has announced the integration of the Circle Cross-Chain Transfer Protocol (CCTP) on Sui, allowing developers to seamlessly integrate native USDC transfers into dApp interfaces by simply writing code.

According to ChainCatcher news, the official announcement states that the Sui Bridge has now integrated Circle's cross-chain transfer protocol CCTP, enabling users to directly transfer USDC stablecoins between Sui and eight other blockchains.In addition to the newly added Sui, CCTP also supports secure one-to-one USDC transfers between Arbitrum, Avalanche, Base, Ethereum, Noble, OP Mainnet, Polygon PoS, and Solana. When users transfer USDC across chains, they only need to pay transaction fees on the source chain and the target chain. CCTP will burn the original USDC and mint new native USDC on the target chain. Since the value of USDC is pegged to the US dollar, CCTP does not require currency conversion.