ChainCatcher news, according to Whale Alert monitoring, USDC Treasury has burned 50 million USDC on the Ethereum chain.

ChainCatcher message, the dYdX Foundation stated on the X platform that the dYdX community has approved the proposal to "allocate 50% of revenue to MegaVault and 10% of revenue to Treasury SubDAO."

ChainCatcher news, according to Bitcoin Magazine, publicly traded company Thumzup Media Corp announced that it will adopt Bitcoin as a treasury reserve asset, with the company's board approving the purchase of up to $1 million in Bitcoin.It is reported that Thumzup Media Corp is engaged in the social media branding and marketing industry. The company operates in a single business area, namely social media marketing.

ChainCatcher news, according to Jinshi reports, Scott Bessent, the founder of Key Square Group LP and one of the leading candidates for Treasury Secretary under the Trump administration, praised Trump's economic agenda amid intensifying competition for cabinet positions, believing it will promote economic growth across various sectors.Recently, the competition for Trump's second Treasury Secretary has entered the public eye, with Howard Lutnick, CEO of Cantor Fitzgerald LP, former U.S. Trade Representative Robert Lighthizer, and former SEC Chairman Jay Clayton mentioned as potential candidates.According to insiders, Lutnick is also vying for the position, having been selected by Trump as a co-chair during the transition period. He is opposing Bessent, claiming that the hedge fund manager has been weak on key protectionist commitments, including tariff issues. It is reported that the nomination for the new U.S. Treasury Secretary could be announced as early as this week.

ChainCatcher news, according to Coindesk, the UK Treasury stated in a statement on Thursday that the UK government will launch a pilot program to issue digital government bond instruments similar to bonds using distributed ledger technology.The Treasury stated: "The government will launch a pilot program to provide digital government bond instruments using distributed ledger technology (DLT) to demonstrate the government's commitment to innovation in the financial services sector." DLT is the underlying technology for crypto assets, where each node can store and update data. UK Treasury Economic Secretary Tulip Siddiq stated that the Labour Party will soon announce its plans in the cryptocurrency sector.Bloomberg cited unnamed sources as saying that the Labour Party is likely to continue following in the footsteps of the previous ruling Conservative Party by developing legislation for stablecoins and staking.

ChainCatcher news, according to Lookonchain monitoring, in the past 12 hours, another 1.34 billion USDT has flowed from Tether Treasury to exchanges, with a large amount of funds pouring into the cryptocurrency market.

ChainCatcher news, Trump is selecting cabinet members for the upcoming government in 2025. Reportedly, the position of Secretary of the Treasury is currently contested between Scott Bessent and Cantor Fitzgerald CEO Howard Lutnick. FOX Business reporter Eleanor Terrett stated that Bessent is "almost certain" to get the position. This asset manager, who supports crypto assets, has the highest likelihood of becoming the U.S. Secretary of the Treasury alongside hedge fund manager John Paulson.However, according to sources close to the process, Paulson withdrew from the cabinet selection due to what he described as "complex financial obligations," while Lutnick is said to have rushed in to vie for the Treasury Secretary position. Although the position is currently undecided, both Lutnick and Bessent are pro-crypto candidates who believe the industry will continue to exist and hope for the U.S. to promote the development of the digital asset space.It is reported that Lutnick's company Cantor Fitzgerald has been the custodian of Tether's government bond portfolio since 2021 and became the custodian of Tether's bond portfolio in 2023. Lutnick has been a supporter of cryptocurrencies and has praised Tether and Bitcoin.

ChainCatcher news, according to Lookonchain monitoring, approximately 1.25 billion USDT has flowed from Tether Treasury to exchanges in the past 24 hours.

ChainCatcher news, according to Cointelegraph, Scott Bessent is one of the leading candidates for the position of U.S. Secretary of the Treasury in the new administration of President-elect Donald Trump, and he holds a friendly stance towards cryptocurrencies like Bitcoin.In a recent statement related to cryptocurrencies, Bessent said: "I am very excited about the President's acceptance of cryptocurrencies, and I think this aligns very well with the Republican Party; cryptocurrencies represent freedom, and the cryptocurrency economy will continue to exist."Previous news indicates that market sources show Trump's main advisors support former Soros Fund Manager Scott Bessent for the position of Secretary of the Treasury. Sources say Trump has selected KRISTI NOEM as Secretary of Homeland Security.

ChainCatcher news, according to Jinshi reports, market news shows that Trump's main advisors support former Soros Fund Manager Scott Bessent for the position of Secretary of the Treasury. Sources say that Trump has selected KRISTI NOEM as Secretary of Homeland Security.

ChainCatcher news, according to Whale Alert monitoring, 100 million USDT (worth $100,091,250) was transferred from Binance to Tether Treasury.

ChainCatcher news, according to Whale Alert monitoring, USDC Treasury minted an additional 50,643,642 USDC on the Ethereum chain today around 19:55.

ChainCatcher news, according to sources, Trump plans to narrow down the list of candidates for U.S. Treasury Secretary this week and is inclined to appoint someone with a Wall Street background for the position. The list of Treasury Secretary candidates includes Cantor Fitzgerald CEO Howard Lutnick, hedge fund billionaire John Paulson, former George Soros fund manager Scott Bessent, and Virginia Governor and former Carlyle Group executive Glenn Youngkin.Sources say Bessent met with Trump at Mar-a-Lago on Friday, but this meeting was not an interview for the Treasury position. Insiders revealed that Trump's Wall Street allies are urging him to appoint someone with a deep understanding of the financial industry as Treasury Secretary, and the Trump team has indicated they will follow this advice.Robert Lighthizer, the U.S. Trade Representative during Trump's first term and the architect of the comprehensive tariff proposal, is also a candidate for Treasury Secretary. Those familiar with the matter say Lighthizer has begun formulating tariff plans involving China and the European Union, and he could ultimately hold a broad position in the White House overseeing the government's trade policy.

ChainCatcher news, according to Whale Alert monitoring, at 6:44 AM Beijing time, Tether Treasury minted an additional 1 billion USDT on Ethereum.Tether CEO Paolo Ardoino commented that this is an authorized but unissued transaction, meaning it will be used as inventory for the next issuance request and on-chain swaps.

ChainCatcher news, according to Whale Alert monitoring, around 23:16 Beijing time, 120,000,000 USDT was transferred from Bitfinex to Tether Treasury.

ChainCatcher news, according to a post by Cointelegraph on the X platform, former JPMorgan Chief Equity Strategist and co-founder and research head of FundStrat Global Advisors Tom Lee stated in an interview with CNBC that Bitcoin could become a "treasury reserve asset" to help offset the U.S. deficit.Additionally, Bitcoin still has the potential to reach $100,000 this year, with significant upside potential.

ChainCatcher news, according to Whale Alert monitoring, about 8 hours ago Tether Treasury minted 1 billion USDT on Ethereum. Tether CEO Paolo Ardoino stated that this is an authorized but unissued transaction, meaning it will be used as inventory for the next issuance request and on-chain swaps.

ChainCatcher news, VanEck's Head of Digital Asset Research Matthew Sigel stated on social media that the probability of Trump's economic advisor Scott Bessent being elected as the Secretary of the Treasury in the Trump administration on Polymarket is 55%, which could make him the first U.S. Treasury Secretary to support cryptocurrency.

ChainCatcher news, according to SpotOnChain monitoring, in the past 12 hours, Tether Treasury has injected 1.845 billion USDT into CEX on the Ethereum chain:Injected 1.706 billion USDT into Binance;Injected 101.7 million USDT into Coinbase;Injected 20 million USDT into OKX;Injected 17.86 million USDT into Kraken.This injection occurred after Tether Treasury minted 2 billion USDT on the Ethereum chain last night and destroyed 1 billion USDT on Tron. In the past year, Tether has issued 37 billion USDT on Ethereum and Tron.