ChainCatcher message, the Ethereum restaking protocol ether.fi tweeted about the launch of the Berachain incentive deposit vault, supporting deposits of weETH, WETH, stETH, eBTC, wBTC, cbBTC, and LBTC. After the launch of the Berachain mainnet, deposits will remain locked for 90 days.

ChainCatcher news, according to Fox News, sources say that Republican negotiators in the U.S. House of Representatives have reached a preliminary agreement on Plan C to avoid a government shutdown at the end of Friday. The agreement will include a short-term extension of this year's federal funding levels, disaster relief funds, and agricultural support for farmers— but will be divided into three separate bills.The agreement will also include a handshake deal to take action on next year's debt ceiling, which is part of the Republican plan to pursue large-scale conservative policy reforms through the reconciliation process. (Jin Shi)

ChainCatcher news, the director of the Bitcoin office in El Salvador stated that after reaching an agreement with the International Monetary Fund, the official Bitcoin wallet Chivo will be sold or discontinued. (Jin Ten)

ChainCatcher news, according to Cointelegraph, El Salvador has reached a $1.4 billion loan agreement with the International Monetary Fund (IMF), planning to receive funding support over the next 40 months. As part of the agreement, the country will make it voluntary for merchants to accept Bitcoin payments, while gradually reducing the government's involvement in Bitcoin-related projects, including a phased withdrawal from the management of the state-supported wallet app Chivo.The IMF stated that this move will significantly reduce the potential risks associated with Bitcoin projects, while clearly stipulating that the public sector's participation is limited to specific activities within the Bitcoin economy. Additionally, taxes will be paid only in U.S. dollars, not in Bitcoin. The agreement still requires approval from the IMF's executive board, marking the end of a four-year negotiation with the IMF since El Salvador adopted Bitcoin as legal tender in June 2021. The IMF has previously warned that the speculative nature of Bitcoin could pose financial risks to the country. The agreement will also facilitate additional financing from institutions such as the World Bank, with total financing exceeding $3.5 billion.Nevertheless, El Salvador's presidential Bitcoin advisor Max Keiser expressed disdain on social media platform X, stating that the use of Bitcoin in the country "has never been so active and continues to grow." However, surveys show that 92% of Salvadorans have not used Bitcoin for transactions, an increase from 88% in 2023.

ChainCatcher news, El Salvador has reached an agreement with the International Monetary Fund (IMF) after four years of tense negotiations due to the country's acceptance of Bitcoin as legal tender.According to a statement from the IMF, the two parties have agreed on a $1.4 billion loan program that will be disbursed over 40 months. In exchange, El Salvador has agreed to take measures to improve its primary balance and help reduce its debt-to-GDP ratio. The IMF praised the government's efforts to improve fiscal conditions, develop the economy, reduce inflation, and manage short-term debt.As part of the agreement, the country will make it voluntary for merchants to accept Bitcoin payments while gradually reducing the government's involvement in Bitcoin-related projects, including a phased withdrawal from the management of the state-supported wallet app Chivo.

ChainCatcher news, Nasdaq-listed company Canaan Creative Technology announced that its Singapore subsidiary Canaan Creative Global Pte. Ltd. has signed a mining machine purchase agreement with AGM Group Holdings Inc., initially providing 2,000 Bitcoin mining machines. Additionally, it has agreed to offer an option to purchase approximately 30,000 additional BTC mining machines.

ChainCatcher news, according to the Korean National Assembly's bill information system, South Korean President Yoon Suk-yeol submitted a consent proposal for the appointment of the Chief Justice to the National Assembly on the 12th, stating, "With the end of the Chief Justice's term, I request the National Assembly's consent to appoint a successor Chief Justice."After Yoon Suk-yeol delivered a speech to the public on the 12th, rejecting calls for an early end to his term, he approved 42 bills and enforcement orders, among other things, and submitted the consent proposal for the Chief Justice's appointment, continuing to exercise presidential powers. According to the South Korean Constitution, the Chief Justice should be proposed by the Chief Justice of the Supreme Court (High Court) and appointed by the President after receiving the National Assembly's consent. (Kim Ten)

ChainCatcher news, Luxor Technology Corporation has signed a $131.4 million agreement with Bitcoin mining manufacturer MicroBT, which includes a confirmed purchase of $93.2 million worth of Whatsminer ASIC Bitcoin miners, with an option to purchase an additional $38.2 million. These ASIC miners will utilize a combination of immersion, air cooling, and water cooling systems designed to improve efficiency.The announcement states that the agreement supports MicroBT's expansion in the United States, where the company has begun assembling miners domestically. Previously, Bitmain also launched a production line in the United States.

ChainCatcher news, according to Coindesk, regulators in El Salvador and Argentina have signed an agreement to help both countries develop their cryptocurrency industries. Juan Carlos Reyes, the head of El Salvador's top cryptocurrency regulatory body and the National Digital Assets Commission (CNAD), stated that the agreement will help El Salvador expand its influence by establishing strategic partnerships.While the details of the deal remain unclear, Reyes indicated that the agreement aims to enable the two regulatory bodies to share knowledge and experience to promote cryptocurrency innovation.

ChainCatcher news, according to The Information, informed sources say that Google recently asked the U.S. government to lift Microsoft's exclusive agreement to host OpenAI technology on its cloud servers. This conversation took place after the Federal Trade Commission (FTC, one of the main federal antitrust enforcement agencies) inquired about Microsoft's business practices as part of a broader investigation.The source stated that companies competing with Microsoft in cloud server leasing (including Google and Amazon) want to host OpenAI's artificial intelligence themselves, so their cloud customers do not need to rely on Microsoft's servers to access the startup's technology.

ChainCatcher news, according to Solid Intel, El Salvador may reduce its Bitcoin plan to reach a $1.3 billion agreement with the International Monetary Fund (IMF).The El Salvadoran government will also commit to reducing the budget deficit by 3.5 percentage points over three years through spending cuts and increased taxes, and will advance this plan by passing an anti-corruption bill and increasing foreign exchange reserves from $11 billion to $15 billion.The IMF has opposed El Salvador's adoption of this digital currency, stating that it poses risks to financial stability and integrity, and urged the Bukele government to stop using cryptocurrency as legal tender.

ChainCatcher news, according to Protos, Mango DAO members John Kramer and Max Schneider successfully pushed a proposal last week to lock 80 million MNGO tokens in exchange for 67.5 million token options. However, Mango Labs founder Dafydd Durairaj warned that this proposal "could be seen as a sale of MNGO, jeopardizing our settlement agreement with the SEC."Durairaj opposed the proposal within the community, stating that this move would lead the SEC to re-examine the case, and all members could face legal consequences. Meanwhile, the proposal "consolidated the two's complete control over the DAO."It is reported that both Schneider and Kramer are core members of Mango DAO, and Mango Labs had filed a lawsuit in October this year, accusing the two of attempting to misappropriate $10 million in DAO funds during the Avraham Eisenberg case.

ChainCatcher news, the South Korean Ministry of Economy and Finance announced that at the 17th Global Forum of the Organisation for Economic Co-operation and Development (OECD), the Multilateral Competent Authority Agreement on the Crypto-Asset Reporting Framework (CARF MCAA) was officially signed.The CARF MCAA is an institution established by the OECD in 2009, aimed at implementing standards for international tax transparency and the exchange of tax information. A total of 48 countries, including South Korea, Germany, Japan, and France, participated in this agreement. The signatory countries will exchange information on crypto-asset transactions based on the automatic information exchange framework for crypto-assets jointly developed by the OECD and the G20.According to the agreement, the exchange of information between countries will be implemented through separate negotiations among the signatory countries. The Ministry of Economy and Finance plans to amend relevant domestic laws starting in 2027 to facilitate the exchange of information on crypto-asset transactions and promote individual agreements.A relevant official from the Ministry of Economy and Finance stated, "Through this agreement, detailed information on crypto-asset transactions can be obtained, which will help enhance the transparency of the tax base related to crypto-asset income."

ChainCatcher news, on November 26 local time, U.S. President-elect Trump reached a necessary agreement with current President Biden's administration to allow Trump's transition team to coordinate with existing federal staff before his inauguration on January 20.According to the congressionally authorized agreement, the transition team's staff can collaborate with federal agencies and access non-public information, while government staff are also allowed to communicate with the transition team.However, Trump refused to sign another agreement with the General Services Administration (GSA). This agreement would have allowed his team to use government-secured office spaces and email accounts, but it required the president-elect to limit donations to $5,000 and publicly disclose the names of those who contributed to his transition efforts. (Jin Shi)

ChainCatcher news, according to Yonhap News Agency, the Strategic and Financial Committee of the South Korean National Assembly has canceled the scheduled plenary meeting. The main reason is that the ruling People Power Party advocates postponing the taxation of cryptocurrency for two years, while the opposition Democratic Party of Korea supports implementing it as originally planned.According to the plan, South Korea will impose a 22% tax rate on cryptocurrency trading gains exceeding 2.5 million won. The Democratic Party of Korea proposed raising the tax exemption threshold from 2.5 million won to 50 million won, while the People Power Party believes that the current tax infrastructure is not yet完善, and that opportunities for asset appreciation should be provided for young people.The cancellation of this meeting also affects the previously agreed proposal for the abolition of the financial investment income tax by the two parties. According to regulations, if the relevant bill is not passed by the Standing Committee before November 30, but is related to the budget proposal, it can still be submitted for consideration at this meeting.

ChainCatcher message, Solana co-founder Toly stated in response to a community member's question: "ZK is slower than traditional computation. Therefore, since there are no religious reasons limiting the capacity of full nodes, Solana is always faster than ZK." In response, ZKsync developer Matter Labs CEO Alex Gluchowski said: "ZK is always faster than Solana because it is protected by mathematics rather than validators, which means one or a few validators (for redundancy) are sufficient, without needing to wait for thousands of nodes to reach consensus."

ChainCatcher news, according to Decrypt, Coinbase has signed a sponsorship agreement with the NBA's Los Angeles Clippers, becoming the official partner of the Los Angeles Clippers. This collaboration marks the beginning of a multi-year partnership that will provide fans with exclusive experiences, limited edition merchandise, and unique digital and physical collectibles. The financial details of this partnership have not been disclosed. Coinbase will offer new and existing users $5 worth of Bitcoin, as well as seasonal benefits for creating a Coinbase account. The Coinbase brand will be prominently featured on signage within the Intuit Dome venue, which is being used as the Clippers' home for the first time this year.

ChainCatcher news, Curve Finance stated that after Trump recently won the U.S. election, the crypto industry has experienced explosive growth, with key stocks like MSTR and COIN being reassessed, and Bitcoin approaching the $100,000 mark.Leverage demand has led to an increase in weekly revenue for the DAO, rising from an average of $268,000 before Trump's inauguration to $581,000 in the past week. The annual income currently allocated to veCRV holders is approximately $31 million, excluding income from voting incentives.

ChainCatcher news, according to official sources, the software development company Alluvial, which supports Liquid Collective, has completed a new round of strategic financing totaling $4.3 million, led by Variant, with participation from Ethereal Ventures, Brevan Howard Digital, F-Prime Capital (the venture capital arm of Fidelity Investments' parent company FMR, LLC), Nascent, among others, bringing the total funding amount to $22.5 million.The funds are intended to drive the development of specialized, open, and configurable solutions to accelerate adoption in the institutional staking market.According to reports, Alluvial is a software development company that offers a suite of enterprise-grade staking products and services, focusing on facilitating mainstream adoption and participation in proof-of-stake blockchains. Liquid Collective is a staking standard designed to meet the needs of enterprises.

ChainCatcher news, according to DLNews, former NBA star Shaquille O'Neal has signed an $11 million settlement agreement regarding the Astral NFT and Galaxy token lawsuit, covering the plaintiffs' attorney fees as well as cash payments to NFT and token purchasers. The settlement agreement is currently pending approval from the judge.Previously, O'Neal was sued for promoting cryptocurrency, with a class action filed in federal court in Florida accusing O'Neal of promoting the unregistered Astral token in violation of securities laws.The lawsuit claims that O'Neal repeatedly promoted the Astrals NFT on his various social media accounts, but the value of the related tokens and NFTs subsequently experienced a "sharp decline."