ChainCatcher message, on-chain detective ZachXBT posted on X: "Over the past few months, I have been tracking a series of related attacks against McDonald's, Usher, Kabosu's owner, Andy Ayrey, Wiz Khalifa, SPX 6900, etc., which resulted in over $3.5 million being stolen through the launch of Pump.Fun Meme coins."He also mentioned that the second part of this investigation may be released tomorrow, revealing multiple threat actors related to over 9 intrusions.

ChainCatcher message, on-chain detective ZachXBT posted on X: "Over the past few months, I have been tracking a series of related attacks against McDonald's, Usher, Kabosu's owner, Andy Ayrey, Wiz Khalifa, SPX 6900, etc., which have resulted in over $3.5 million in stolen funds due to the launch of the Pump.Fun Meme coin."He also mentioned that the second part of this investigation may be released tomorrow, revealing multiple threat actors related to more than 9 intrusions.

ChainCatcher news, according to DL News, the stock price of Toronto-based blockchain company Bluesky Digital soared in November, as investors may have mistakenly associated it with the social media platform Bluesky. Since Donald Trump's election on November 5, Bluesky Digital's stock price has surged from $0.06 to $0.56, an increase of approximately 833%.A portfolio manager stated that the rise in stock price "may be due to the confusion caused by the name of the social media platform."

ChainCatcher news, British and American social media celebrity, businessman, and former professional kickboxer Andrew Tate (@Cobratate) announced that he will follow up with the purchase of $1 million in Bitcoin every time MicroStrategy buys Bitcoin.Although he claims he cannot compare to MicroStrategy's purchase volume, he revealed that he already owns millions of dollars in Bitcoin, far exceeding what he needs. He emphasized that this is a cultural symbol, so every time MicroStrategy makes a purchase, he will increase his holdings by $1 million in Bitcoin.

ChainCatcher news, according to the Financial Times, Trump's social media company is in advanced talks to acquire the cryptocurrency trading platform Bakkt, which is owned by the Intercontinental Exchange, as the company seeks to expand its business beyond online conversations.Two people familiar with the negotiations said that Trump Media and Technology Group is close to a full stock acquisition of Bakkt. The valuation under discussion is still unclear, but on Monday, Bakkt's market capitalization was slightly above $150 million.

ChainCatcher news, according to a post by Cointelegraph on the X platform, MicroStrategy founder Michael Saylor was allegedly deceived by false information on social media, which contained misinformation about Donald Trump's stance on cryptocurrency taxation (claiming that Bitcoin is currency and does not need to be subject to capital gains tax).

ChainCatcher news, according to Caixin, thanks to the recent surge in the stock price of Trump Media Technology Group (TMTG), the latest valuation of Truth Social, the social media platform created by former U.S. President and Republican presidential candidate Donald Trump, has surpassed that of its biggest competitor, the X platform owned by the world's richest man, Elon Musk.As of Tuesday, the stock price of Truth Social's parent company, Trump Media Technology Group, has soared 333% from the low point reached at the end of September, bringing its valuation to $10.6 billion. In contrast, Fidelity Investment's latest valuation of X is only $9.4 billion. Fidelity regularly updates its valuation expectations for the social media platform due to its holdings in X. Since Musk's acquisition of X for $44 billion in October 2022, the platform's valuation has decreased by 79%. The $10.6 billion valuation of Trump Media also makes it more valuable than The New York Times, which has a valuation of about $9.2 billion.It is reported that the surge in the valuation of Trump Media Technology Group is not based on fundamentals, but is related to the likelihood of Trump winning the presidential election.

ChainCatcher news, according to Apnews, thanks to the recent rise in stock prices of Trump Media & Technology Group (DJT.O), the value of Trump's social media platform Truth Social has now surpassed that of Musk's X.Since late September, the stock price of Trump Media & Technology Group has increased more than fourfold, with a market capitalization exceeding $10 billion. According to Fidelity's latest valuation of its holdings in X Holdings, X Holdings is valued at approximately $9.4 billion.The stock price of Trump Media & Technology Group often fluctuates with the likelihood of Trump's re-election rather than its own profit prospects, as investors believe the chances of Trump reclaiming the presidency have recently increased. On Tuesday, the stock rose more than 12%, following a 21.6% increase on Monday.

ChainCatcher news, CryptoQuant CEO Ki Young Ju stated on social media, "I agree with everything meme coin enthusiasts talk about, except for the meme coin cycle.Social media has evolved from being centered around relationships with friends and family to being centered around shared interests, and the next step is economically driven social media, which is also the vision of Web3. Memecoin is just a temporary combination of economy and common interests in the transitional phase of social media.Soon, we will see an era where economic interests align with the social value creation of the internet, and that is when the real altcoin season will begin."

ChainCatcher message, Binance founder Changpeng Zhao posted on X platform: "There are deepfake videos of me on other social media platforms. Please be cautious of scams."

ChainCatcher news, the privacy social media network MeWe, based on the Decentralized Social Network Protocol (DSNP), announced the completion of a $6 million Series B funding round, led by McCourt Global. The new funds will be used to further develop new technologies such as AI integration, launch new Web3 product features, strategically acquire users through targeted marketing efforts, and introduce a native token to enhance user growth, platform engagement, and utility.

ChainCatcher news, CryptoQuant founder Ki Young Ju posted on social media, "Since the invention of the internet, social media's influence on financial markets has increasingly taken on a religious tone. Elon Musk's Tesla, Satoshi Nakamoto's Bitcoin, and various crypto communities are typical examples.The role of the 'prophet' in religion plays a crucial role in driving asset prices up. Prophets endlessly expand their thoughts about the future, often perceived to have reached a state of enlightenment, and this perceived enlightenment generates blind faith. This faith leads to the formation of religious communities that share the same beliefs. The stronger the followers' faith within the community, the more legitimate the asset is considered, even if it does not generate profits or create social value. This is a stunning phenomenon.Investors must now pay attention to the impact of social media on investment decisions. When evaluating a publicly traded company or token project, it is essential to consider whether there is an influential 'prophet' on social media and how strong their followers' faith is.Companies are rushing to enter social media, trying to form religious communities filled with blind faith. However, not everyone can become a prophet. Most fail to attract followers. Especially in the crypto space, if internal efforts to expand influence fail, they may externally hire Key Opinion Leaders (KOLs) to create false faith. Only a very few projects have succeeded in this regard.The influence of social media on financial markets will continue to grow. As communities are made up of people, this religious tone will deepen. I believe that understanding how religion operates will help in understanding the future of financial markets."