ChainCatcher news, Sun Yuchen once again stated on social media that his claim about First Digital Trust (FDT) going bankrupt is a statement of fact, devoid of any emotional coloring. If you have any relationship with them, please sever it as soon as possible to protect your assets. As for what consequences its founder Vincent Chok will face for his fraudulent actions, that will be determined by the judicial system and regulatory authorities.It is reported that Vincent Chok, founder and CEO of First Digital Trust (FDT), is responding to questions in an AMA, having clarified and explained almost all issues, and currently both sides are basically "sticking to their own words."

ChainCatcher news, according to CoinDesk, two Republican candidates supported by the U.S. crypto industry's super PAC Fairshake, Randy Fine and Jimmy Patronis, have both won in the Florida congressional special election, solidifying the Republican Party's slim majority in the House.Both have publicly supported digital assets and innovation policies, with Fairshake's affiliated organization investing over $1.5 million in advertising support for them.

ChainCatcher message, the market shows that the decoupling of FDUSD has intensified, falling below 0.9 USD, currently reported at 0.895 USD.

ChainCatcher news, according to CoinDesk, American financial giant Fidelity Investments launched a retirement plan on Thursday that allows direct investment in cryptocurrencies, opening up a new channel for investors to allocate digital assets.According to information on Fidelity's official website, this cryptocurrency IRA (Individual Retirement Account) product is open to all U.S. citizens aged 18 and over, supporting three digital assets: Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). All cryptocurrency assets will be custodied by Fidelity through cold wallets, with no management fees. Investors can choose from three account types: Roth IRA, Traditional IRA, or Rollover IRA.

ChainCatcher news, according to Binance market data, FDUSD has temporarily dropped over 3%, showing signs of decoupling.ChainCatcher previously reported that Sun Yuchen stated on the X platform that First Digital Trust (FDT) has effectively gone bankrupt and is unable to fulfill its obligations for customer fund redemptions. He strongly advised users to take immediate action to protect their assets and urged regulatory agencies and law enforcement to swiftly address these issues to prevent further significant losses.

ChainCatcher news, Sun Yuchen posted on platform X that First Digital Trust (FDT) has actually gone bankrupt and is unable to fulfill its obligations to redeem customer funds. He strongly advises users to take immediate action to protect their assets and urges regulatory agencies and law enforcement to act swiftly to address these issues and prevent further significant losses.

ChainCatcher news, according to market news, payment giant PayPal has added support for SOL and LINK for users in the U.S. market.

ChainCatcher news, according to CoinDesk, Tron founder Justin Sun provided crucial funding support for the TrueUSD (TUSD) stablecoin between 2023 and early 2024, addressing a reserve shortfall of nearly $456 million.According to court documents in Hong Kong, the reserves of TUSD issuer Techteryx became unrecoverable after being invested in Aria-related entities, leading to a severe liquidity crisis. Although Justin Sun publicly stated that he only served in an advisory role, he actually provided emergency funding support during the crisis, allowing TUSD to continue meeting user redemption demands.The case also involves allegations against First Digital Trust for unauthorized fund transfers to a Dubai entity, as well as multiple challenges faced by TUSD, including regulatory issues and partner bankruptcies in the United States.

ChainCatcher News: A U.S. judge has completely dismissed the corruption charges against New York City Mayor Eric Adams, who is a crypto-friendly individual. He previously announced that his first paycheck after taking office was converted into BTC and ETH through Coinbase.

ChainCatcher news, according to CoinDesk, Aave's parent company Avara announced that its Family self-custody wallet now supports registration via email or SMS, eliminating the need for a mnemonic phrase, enhancing user experience. The wallet supports asset management across EVM chains and strengthens security by combining device keys such as fingerprint and facial recognition. Avara also launched the development tool ConnectKit to facilitate third-party integration with the Family Wallet.

ChainCatcher news, according to Jinshi reports, Trump Media Technology Group (DJT.O) has applied to issue 134 million shares of common stock and submitted a filing to potentially sell 8.4 million shares. Currently, Trump Media Technology Group (DJT.O) has dropped 6% in pre-market trading.

ChainCatcher news, according to Nikkei, Sumitomo Mitsui Financial Group will jointly develop a stablecoin pegged to fiat currency with American companies. The group will collaborate with two companies: one is the Avalanche development team Ava Labs, and the other is Fireblocks, which develops digital asset management systems.In addition, the infrastructure for the stablecoin will also be developed in conjunction with the local IT company TIS, with plans to conduct empirical experiments in the second half of the fiscal year 2025. The demand in areas such as inter-company payments will be a key focus of exploration, with further advancements expected around the fiscal year 2026.

ChainCatcher news, according to Ember monitoring, a certain whale spent 32.45 million USD to buy EIGEN at its peak in October 2024, after incurring a loss of 17.19 million USD, transferred part of the position to HYPE, also buying at the peak with a loss of 5.21 million USD. The total value of the tokens currently held is approximately 10.03 million USD, with a total loss of 22.42 million USD over 5 months.

ChainCatcher News, Republican candidates Jimmy Patronis and Randy Fine won in the special congressional elections in Florida on Tuesday night, with strong support from the cryptocurrency industry super PAC, allowing the Republicans to maintain their slim majority in the House.Fine defeated Democrat Josh Weil with 56.7% of the vote in Florida's 6th district, while Patronis won against Gay Valimont with 57% of the vote in Florida's 1st district. Both campaigns received significant backing from "Defend American Jobs," a cryptocurrency-focused Republican political action committee that is part of the broader Fairshake political funding network. The media stated that these victories once again represent a win for the interests of the cryptocurrency industry.

ChainCatcher message, according to the official announcement, Binance is expected to suspend Sei (SEI) token deposits and withdrawals on April 2, 2025, at 23:00 (UTC+8) to support its network upgrade. The project team will perform the network upgrade at block height 139,936,278 (expected on April 3, 2025, at 00:00 UTC+8).

ChainCatcher news, according to on-chain analyst @ai_9684xtpa's monitoring, six hours ago, the market maker Amber Group deposited 1.26 million KAITIO to Binance, worth 1.3 million USD; the analyst stated that the price of KAITIO dropped from 1.0402 USD at the time of deposit to 0.9421 USD, a decrease of 9.4%.

ChainCatcher news, according to Bloomberg, Elon Musk's X platform is urging the U.S. Supreme Court to protect the company from subpoenas issued by federal law enforcement agencies under "no reasonable suspicion," in order to avoid being forced to disclose sensitive user financial data. The X platform is requesting the judge to reconsider a lower court's ruling that allowed the IRS to enforce a subpoena for Coinbase customer transaction records in a tax investigation involving over 14,000 users of cryptocurrency exchanges.In a filing submitted last week, X platform's lawyers argued that the platform stores subscription and advertising data and plans to eventually provide financial services to users, but according to the Constitution, when these companies have entered into confidentiality agreements with users, the Constitution does not permit "warrantless searches of customer records held by third-party service providers."

ChainCatcher message, Glassnode tweeted that during the period from March 19 to March 31, the proportion of the last moved SOL supply changed as follows: $123.89 increased from 3.69% to 3.73%, $144.54 increased from 4.2% to 4.5%, and $147.49 decreased from 2.08% to 1.98%. This indicates that there has been some profit-taking or distribution behavior near recent highs, and the supply is shifting towards a price range with a lower cost basis. Meanwhile, the support at the lower edge of the current range is strengthening.