ChainCatcher news, according to The Crypto Basic, the developer of the innovative enterprise platform Atua AI, KaJ Labs, announced an investment of $100 million specifically to create advanced AI tools for the Ripple (XRP) ecosystem. The plan aims to leverage Ripple's efficient and scalable infrastructure to enhance AI-driven solutions in DeFi and enterprise operations.The funds will be used to support research, AI model training, and the deployment of AI solutions based on XRP, with a focus on real-time analytics and automated workflows.

ChainCatcher News, the well-known American financial services company Cantor Fitzgerald pointed out in its latest biweekly macro report that although the Federal Reserve plans to start a rate-cutting cycle in September, the core inflation rate has remained above 2% for four consecutive years, and there are still significant upward risks to inflation pressures.The agency advises investors to pay attention to Bitcoin and gold as hedging tools. Cantor Fitzgerald explicitly stated, "Our view is to buy Bitcoin and gold to address the inflation theme."Although the agency expects the stock market to rise by the end of the year, it believes the mid-term outlook is not optimistic and may be a poor investment choice.

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, according to The Block, the crypto wallet Phantom has reached a historic high in the iOS free app rankings, ranking ninth, surpassing WhatsApp and Instagram (ranked thirteenth and fourteenth, respectively). The Block data shows that Phantom's ranking has rapidly risen this month, climbing from 377th on November 12 to its current position.According to appfigures data, the crypto wallet Phantom has surpassed Google to top the U.S. App Store utility app rankings.

ChainCatcher news, according to Bloomberg, U.S. federal prosecutors stated that FTX co-founder Gary Wang provided "outstanding" assistance to federal prosecutors in the SBF case, having created "tools" to help the U.S. government uncover other fraudulent activities and advocating for leniency for Wang.In a sentencing report submitted on Wednesday, federal prosecutors wrote: "Wang also provided substantial assistance and took steps to correct past mistakes in the process, utilizing his extraordinary computer programming skills to detect potential fraud in the stock and cryptocurrency markets." Details of Wang's code were heavily redacted in government documents.The U.S. government stated that, unlike his co-conspirators, Wang did not deceive customers, lenders, or investors, nor did he misappropriate customer funds. While prosecutors did not recommend a specific sentence, the submitted memorandum requested the court to consider Wang's outstanding cooperation.

ChainCatcher reported live that at the "DeInsight 2024" annual summit held during Devcon in Bangkok, SOEX co-founder Rizz J shared a keynote speech on "Web3's AI-in-One Social Trading Terminal."Rizz J stated that SOEX is a social trading platform that connects traders to maximize user profits. SOEX provides users with a seamless trading experience through Nostr+, TradeDivi, and Sketch protocols.Rizz J pointed out that users can accumulate SOX through trading, recommending trades, and various other activities, which can then be exchanged for SOEX tokens. Currently, SOEX has over 100,000 user addresses, with a trading volume exceeding $120 million and more than 3,000 active traders daily.In addition, SOEX plans to launch SOEX tokens through CVT minting and fair issuance in Q4 2024, develop TradeDivi DEX aggregation, and gradually integrate with mainstream DEXs like Uniswap, with AI trading tool development and open collaboration for ecosystem growth planned for 2025.

ChainCatcher news, Scroll announces the launch of Scroll SDK and tools. The Scroll SDK is a production-ready infrastructure for deploying sovereign blockchain networks, while the tools are optional modules for customizing and enhancing the Scroll SDK chain.At the same time, the project also released its development roadmap, with enhanced features to be launched in the first quarter of 2025 and further tool integration in the second quarter.

ChainCatcher news, according to ZDNet Korea, the Personal Information Protection Commission (PIPC) of South Korea has fined the Worldcoin Foundation and Tools for Humanity (TFH) for violating personal data protection laws.The Worldcoin Foundation was fined 725 million won (approximately $546,000) for improperly handling sensitive information and transferring it abroad. Tools for Humanity (TFH) was fined 379 million won (approximately $285,000) for violating local regulations regarding the outbound transfer of personal data.The investigation began in February, triggered by complaints and reports that Worldcoin collected biometric data without permission to provide cryptocurrency services.

ChainCatcher message, Twitter user @roffett_eth tweeted that there are many ERC20 honeypot tokens in the trending list on the GMGN website. Even if labeled "Everything is SAFU," please remain vigilant, as the scammers have not completed the full Rug process.Slow Mist founder Yu Xian responded, "I verified it, and it is indeed the case; there are quite a few Pixiu shitcoins. Moreover, it's not just on GMGN; DEXTools and DEX Screener are similar. The hidden Pixiu schemes are not easy to detect with the third-party security tools used by these platforms. However, if players are smart, throwing the code to Claude/GPT yields pretty good results."

ChainCatcher live report, Polygon co-founder Sandeep Nailwal delivered a speech titled "The Age of Aggregation" at the TOKEN2049 conference, exploring the current state and future trends of the blockchain industry. Sandeep pointed out that although the blockchain industry has achieved some success, core issues such as scalability and interoperability still need to be addressed. He emphasized that to achieve global adoption of blockchain, it is essential to break the limitations of traditional frameworks and pursue infinite scalability and unified protocols.In his speech, Sandeep introduced Polygon's innovative attempts to solve these problems, particularly how its latest products achieve cross-chain interoperability and security guarantees by adding an additional layer of architecture. This architecture not only unifies liquidity but also allows developers to maintain full control over their projects while enjoying infinite scalability. He mentioned that Polygon's goal is to enable every application to launch its own chain without being isolated, thereby building a true value internet.Sandeep also shared Polygon's optimistic outlook for the future of the blockchain industry and called on developers to actively embrace change and work together to promote the healthy development of the industry. He stated that with continuous technological advancements and the increasingly完善 ecosystem, blockchain will play an important role in a wider range of fields, injecting new vitality into the global economy.Finally, Sandeep revealed new features and tools that Polygon is about to launch, aimed at further lowering the development threshold and enhancing user experience. These innovative initiatives will undoubtedly bring more possibilities and opportunities to the blockchain industry.