ChainCatcher news, according to a post by Slow Mist's Yuxian, multiple users mistakenly transferred funds to the contract address of the Magma project on the Monad testnet due to not switching to the correct network environment.Yuxian confirmed through analyzing transaction data and smart contract code that these fund transfers occurred because users did not correctly switch to the Monad testnet while executing functions such as depositMon() and withdrawMon() for the Magma project on multiple blockchains including Ethereum and Binance Smart Chain. This issue may stem from an inadequate network switching mechanism in the wallet application or the project's frontend.Yuxian stated that the project team could implement a fund return mechanism by creating corresponding contracts on the relevant blockchains, and affected users should directly contact the Magma project team for assistance.

ChainCatcher news, according to the Financial Times of the UK, the cryptocurrency executive order ultimately signed by the Trump administration differs significantly from its previous social media messaging. According to the latest executive order, the U.S. will establish a "strategic Bitcoin reserve" and a "digital asset repository," but the source of funds is limited to tokens obtained through "criminal or civil asset forfeiture proceedings," rather than market purchases.The report points out that Bitcoin "will be held as a reserve asset," meaning it will be permanently retained, while other tokens (including Ethereum and possibly XRP, SOL, and ADA) can be sold but not purchased. This is in stark contrast to the image previously suggested by Trump of a "Congress-approved, well-funded last buyer."The Financial Times analysis believes that this plan will convert about 200,000 Bitcoins from temporary freezes to permanent freezes, while creating selling pressure on all other tokens like Ethereum. Compared to last year's discussions of a "crypto sovereign wealth fund capable of repaying national debt," this resembles more of a "bait-and-switch."

ChainCatcher message, Linea announced on social media that it has completed the review of complaints regarding ecosystem Sybil Attacks and updated the witch list.This review confirmed 3,500 misjudged addresses and removed them from the list. Users can check their account status through the official link.

ChainCatcher news, according to a post by GoPlus on X, GoPlus has identified the relevant addresses of the attackers and has blacklisted them all. It is worth noting that the attackers had sent Gas to multiple addresses using a wallet starting with 0x9AE, but have not yet conducted any Token transfers, giving users a chance to transfer their assets to a safe wallet.The address used by the attackers to distribute Gas: 0x9AEf1CA082c17f9D52Aa98ca861b50c776dECC35Address of the attackers' coin collection 1: 0x49add3e8329f2a2f507238b0a684d03eae205aabCollection address 2: 0x7831d05afc72a10bd475eb4777680b4e9204695aCollection address 3: 0xb312a2c9ab9700dac49798f457b4c28e28f1c4fcCollection address 4: 0xc657b6e6c59af5bcff4de626dab52832e77d2996Users are advised to remain vigilant and regularly check their wallet security.

According to ChainCatcher news, the official announcement of the Story initial incentive plan has been made. This incentive is based on three core pillars: rewarding real users, incentivizing practical applications and innovative use cases, and ensuring alignment with long-term goals.The initial incentive accounts for 10% of the total IP supply. Of this, 5% will be distributed to users through direct claims on the first day of the public mainnet launch and in the following months; the remaining 5% will be allocated to ecosystem projects, with a clear stipulation that all rewards must be distributed to end users.Starting from the day of the public mainnet launch, the team will implement strict anti-whale measures, including the use of the Passport scoring system, to ensure that more rewards can be fairly distributed to community members in future initial incentive activities. The token allocation saved through Story's anti-whale measures will be redistributed to real users in future initial incentive plans, ensuring that Farmers cannot encroach on the rewards of participants aligned with Story's long-term development goals, thus maintaining the healthy development and fairness of the community.

ChainCatcher news, Su Zhu, co-founder of Three Arrows Capital, stated that he has closed the short position on BERA, taking profit at $6.406, and the position has been switched to long on ETH.

ChainCatcher message, Arkham announced on X platform that the ARKHAM POINTS Season 1 witch filtering has been completed, and the next step depends on whether users participate in Season 1 as exchange users or non-exchange Arkham VIPs.Exchange users with KYC accounts: No action is required at this time. Once the claim is effective, the points will be directly credited to your exchange account on Arkham Exchange, and the claim date will be announced soon.

ChainCatcher news, Jupiter DAO has released answers to questions related to the airdrop: Users marked as witches can submit appeals after January 27; the Jupuary airdrop supports claims from any device, and Carrots rewards will be processed separately; for users who mistakenly displayed a 25 JUP allocation limit, the platform promises to show the corresponding limit on the dashboard within a week.In addition, users who have lost access or used temporary emails must submit a ticket via Discord after January 27, and users with stolen wallets can prevent others from accessing tokens by signing a waiver.

ChainCatcher message, Jupiter DAO posted on platform X stating that the Jupuary airdrop claim has been opened.It is reported that the airdrop claim will last for three months. If marked as a witch, users can appeal after January 27. Users must create a Jupuary profile to claim.

ChainCatcher message, Linea announced the completion of an additional witch attack analysis targeting LXP holders. The analysis found approximately 476,000 addresses showing clear signs of witch attack activity, which will be added to the existing blacklist and will not be eligible for the LXP token airdrop.If users believe they have been incorrectly flagged, they can submit an appeal via the feedback form within the next two weeks (by January 29, 2025, 23:59 UTC). Linea stated that this is the last planned witch attack review, and the final blacklist will be updated in mid-February 2025.

ChainCatcher news, according to on-chain analyst @ai_9684xtpa's monitoring, 7 hours ago the address "8HKXH...W4nwA" sold 2.82 million SWARMS (approximately $344,000) at an average price of $0.1217, using the proceeds to buy TRUMP with SOL.Two hours ago, the address cleared out with a profit of nearly $172,000, spending $485,000 of the principal profit through a new address to buy back SWARMS at an average price of $0.1215, increasing the account's holdings by 1.35 million SWARMS compared to before.

ChainCatcher news, RWA stablecoin issuer Usual announced on platform X that it has realized the significant reaction from the community due to its pegged stablecoin USD0++ deviating sharply from 1 dollar, and therefore will launch a series of measures to address user concerns and stabilize the ecosystem.It is reported that the "Revenue Switch" feature is set to launch on January 13, allowing Usual Protocol to share its earnings from real-world assets and protocol operations with the community. The team expects monthly revenue of about 5 million dollars, with an annual return rate exceeding 50% under current conditions. These distributions will occur weekly to reinforce the actual value of USUAL, balance its economic model, and the revenue generated by the protocol. (The Revenue Switch feature will officially activate when more than 50% of USUAL tokens are staked as USUAL x. If the requirement is not met, it will automatically activate on February 1, 2025. Once activated, 100% of the revenue (up to 5 million dollars per month) will flow to USUALx stakers in the form of USD0.)In addition, the Usual Protocol team also stated that it will launch the "1:1 Early Unstaking" feature next week, allowing users to exchange USD0++ at a rate of 1 dollar, but requiring them to forfeit part of their accumulated rewards as a penalty.

ChainCatcher news, Indian cryptocurrency exchange CoinSwitch has announced the launch of a ₹6 billion ($69.9 million) WazirX hacker recovery fund.The company's recovery fund "CoinSwitch Cares" aims to assist WazirX users who suffered financial losses due to the alleged cyber attack in July 2024. As part of the initiative, CoinSwitch will distribute funds to affected users over the next two years, aiming to promote the Indian crypto ecosystem.

ChainCatcher message, Usual announced on social media the launch of the "Revenue Switch" mechanism, which will directly distribute protocol revenue to $USUAL stakers. The activation condition is that over 50% of $USUAL is staked as USUALx, or it will automatically start on February 1, 2025.Once the mechanism is activated, up to $5 million in protocol revenue will be distributed entirely in USD0 to USUALx stakers each month. Rewards are only available to users who continuously stake throughout the entire monthly cycle; withdrawing in the middle will result in the loss of eligibility for that period's earnings. Currently, the protocol has generated over $20 million in revenue awaiting distribution.

ChainCatcher news, according to lookonchain monitoring, a certain whale address sold ai16z and turned to purchase swarms and ZAILGO. The address sold 1.29 million ai16z (worth 2.68 million USD) 9 hours ago, making a profit of 1.66 million USD. Subsequently, the whale purchased 9.51 million swarms (worth 1.51 million USD) and 27.74 million ZAILGO (worth 1.15 million USD).

ChainCatcher message, RWA stablecoin protocol Usual hinted on Twitter that the token fee switch will be activated: "The era of fee switches begins. 2025 marks a turning point for DeFi: real value, real distribution. On January 7, get ready with your USUAL."