According to ChainCatcher news, as reported by Forbes, the bankruptcy estate of FTX has initiated 23 new lawsuits against institutions such as Binance, Anthony Scaramucci, SkyBridge Capital, Crypto.com, and even the lobbying group Fwd.us supported by Mark Zuckerberg, in an attempt to recover funds for creditors.These lawsuits allege that the funds transferred to these organizations were part of a larger "influence-buying campaign" orchestrated by FTX founder Sam Bankman-Fried. According to the legal documents, Bankman-Fried funneled money into political and traditional financial sectors through sponsorships, investments, and donations to enhance his reputation while concealing FTX's increasingly severe financial instability.The lawsuits claim that these expenditures provided "little to no benefit" to FTX or its creditors, primarily serving to maintain the illusion of financial stability as the company struggled with a significant gap in its balance sheet.

ChainCatcher news, the cross-chain application protocol Hyperbridge has launched its mainnet on Polkadot. Polkadot is a blockchain designed with interoperability at its core. Its modular architecture allows developers to build customized blockchains. After securing a parachain slot on Polkadot, the blockchain interoperability protocol Hyperbridge officially launched its mainnet, aiming to elevate cross-chain communication to a new level.

ChainCatcher news, according to data disclosed by SolanaFloor, the amount of funds bridged from other blockchains to Solana in the past seven days has exceeded $160 million, with over $130 million coming from Ethereum alone.

ChainCatcher news, according to Cointelegraph, the FTX bankruptcy group is seeking to recover over $100 million from SkyBridge Capital and founder Anthony Scaramucci to reclaim funds spent by former FTX CEO Sam Bankman-Fried (SBF) on sponsorship and investment agreements made with Scaramucci and SkyBridge since 2022.According to legal documents dated November 8, before FTX's collapse, Bankman-Fried engaged in a series of investments and partnerships with SkyBridge Capital and Scaramucci—first providing a $12 million sponsorship for Scaramucci's SALT conference in January 2022.Shortly thereafter, in March 2022, SBF directed Alameda Research to invest $10 million in the SkyBridge Coin Fund. Later, in September 2022, FTX acquired a 30% stake in the operating company managing SkyBridge investment vehicles for $45 million. FTX's lawyers argue that this investment lacked financial prudence—believing that "the FTX group could have easily purchased a basket of cryptocurrencies for a significantly lower cost than the majority of the $45 million investment."

ChainCatcher news, according to the Securities Times, the Multilateral Central Bank Digital Currency Bridge Steering Committee has issued a statement on promoting the sustainable operation of the currency bridge project, stating that the multilateral central bank digital currency bridge project will be fully taken over by the participating central banks and monetary authorities for continuous development and operation. The currency bridge project team (hereinafter referred to as the "project team") will make every effort to advance the project from the Minimum Viable Product (MVP) stage to full production.Agustín Carstens, General Manager of the Bank for International Settlements (BIS), recently announced that the preliminary exploratory work of the currency bridge project has been completed, and the project has reached a maturity level that can be handed over to the participating parties. BIS has been involved in the currency bridge project for four years, collaborating with several central bank partners and numerous observer members. "This project has been successful enough that we can announce it is ready to graduate from BIS," Carstens said.The Multilateral Central Bank Digital Currency Bridge Steering Committee pointed out in the statement that the project team has successfully advanced the currency bridge project to the sustainable operation of the Minimum Viable Product (MVP) stage and established a sound governance structure and legal framework. Since the project's launch, BIS has provided strong support. Now, the currency bridge project will be fully taken over by the participating central banks and monetary authorities for continuous development and operation, allowing BIS to allocate resources to other early-stage innovative projects.

ChainCatcher news, according to The Block, kyBridge Capital CEO Anthony Scaramucci expressed an optimistic prediction for Bitcoin, stating that regardless of who becomes president, Bitcoin will rise.Considering the market's potential reaction to the victory of Donald Trump or Kamala Harris, if Trump wins, Bitcoin may rise in the short term, as he is generally seen as a deregulator who could overturn many of the Biden administration's policies, but Harris has also expressed support for blockchain and Bitcoin.

ChainCatcher message, according to data disclosed by SolanaFloor on X, over $600 million in tokens were bridged to Solana from other chains in October, with more than 90% coming from Ethereum.

ChainCatcher news, the Web3 wallet infrastructure platform Triangle has been acquired by the stablecoin payment platform Bridge. As part of the deal, the Triangle team will join Bridge to help build a scalable stablecoin system. The financial details of the transaction have not been disclosed.Previous news, Stripe acquired the stablecoin platform Bridge for $1.1 billion, marking the largest acquisition deal in the crypto space.

ChainCatcher news, the cross-chain protocol Meson has officially joined the BNBChain official bridge, continuously expanding cross-chain interactions between BSC and over 40 other chains, enhancing the speed of stablecoin transfers and user experience between the BSC and Tron networks.

ChainCatcher message, Starknet announces the mainnet launch of the cross-chain bridge StarkGate v2.0 Beta, featuring new cross-chain standards, offering more functionalities, more tokens, and a better user experience.

ChainCatcher news, senior banking officials and financial executives from the Bank for International Settlements (BIS) discussed the possibility of shutting down mBridge at a meeting in Washington. This discussion stemmed from concerns over remarks made by Russian President Vladimir Putin during the opening ceremony of the BRICS summit in Kazan, where he proposed the idea of establishing a BRICS-led alternative international payment system.mBridge is a cross-border payment system operated by the central banks of China, Thailand, the UAE, and Hong Kong (Saudi Arabia joined this year as a new member), and is supported by the BIS Innovation Hub. mBridge uses distributed ledger technology to enable faster payments that bypass intermediary banks.

ChainCatcher news, according to official sources, at the 9th Hong Kong FinTech Week, Ant Chain publicly launched the "Two Chains and One Bridge" platform specifically designed for RWA business. This platform consists of the "Asset Chain," "Transaction Chain," and "Ant Chain Trusted Cross-Chain Bridge," aimed at facilitating the RWA conversion of mainland new energy assets in Hong Kong.According to Yan Ying, Chief Scientist of Ant Group, the platform employs a digital-physical twin technology system, supporting a transaction processing capacity of up to 100,000 transactions per second and PB-level data storage. The platform has been applied in the Hong Kong Monetary Authority's Ensemble project, assisting the mainland new energy listed company Langxin in completing a cross-border financing of 100 million yuan in August this year. Currently, Ant Chain has provided on-chain services for over 12 million new energy devices, becoming the largest new energy blockchain device platform in the country.

ChainCatcher news reports that sources reveal venture capital firms will profit hundreds of millions of dollars from Stripe Inc.'s acquisition of the crypto platform Bridge for $1.1 billion in cash and stock.Institutions including Sequoia Capital, Ribbit Capital, Bedrock Fund Management, Index Ventures, and Haun Ventures have seen multiple returns on their investments in this startup. When Stripe agreed to acquire Bridge, it had been established for less than three years.Among them, Sequoia Capital holds a 16% stake in Bridge, potentially profiting over $100 million. It is reported that Sequoia Capital invested $19 million in Bridge's Series A funding round last year.Ribbit holds about 10% of Bridge, valued at approximately $100 million, while Bedrock and Index Ventures each hold about 6%, and Haun Ventures holds 4%. (Bloomberg)

ChainCatcher news, according to PeckShieldAlert monitoring, the hacker address involved in the Radiant Capital attack has bridged almost all stolen funds from Arbitrum and BNB to the Ethereum network, totaling approximately 20,500 ETH, worth about 52 million USD.

ChainCatcher News, Mu Changchun, director of the Digital Currency Research Institute of the People's Bank of China, stated at the Sibos 2024 conference on October 23, titled "Multilateral Central Bank Digital Currency Bridge: Connecting Global Economies with Central Bank Digital Currencies," that the Digital Currency Research Institute will systematically enhance the currency bridge technology in three aspects:Privacy protection mechanism. In the future, privacy protection technology based on zero-knowledge proofs will be developed, with plans to launch in 2025. The design of zero-knowledge proofs can demonstrate the compliance of both parties in a transaction and the sufficiency of funds without disclosing details such as account balances or transaction timestamps.System development and operation maintenance system. The currency bridge system will be deployed in a decentralized manner, with each party independently maintaining operations.Openness and transparency of the currency bridge platform. To strengthen trust among participants, the source code of the currency bridge is currently fully transparent to all participating central banks. Next, the Digital Currency Research Institute plans to promote joint development, code delivery, code review, continuous integration, continuous delivery, and continuous deployment using the development and operation maintenance system. At the same time, the Digital Currency Research Institute will collaborate with the Bank for International Settlements to hire service providers for third-party code reviews and open-source assessment preparations to achieve full open-source status.