ChainCatcher message, Animoca Brands co-founder Yat Siu suggested on social platform X that the Trump Coin ($TRUMP) team should carefully consider supporting important charitable foundations and public welfare causes. He pointed out that the way the token is handled will have a ripple effect on the trust and reputation of the entire cryptocurrency and Web3 industry.

ChainCatcher news, Satoshi Action Fund co-founder Dennis Porter posted on X that up to 20 "strategic Bitcoin reserve" bills will be proposed at the state level in the United States (the same state will have multiple bills). Legislators are fiercely competing to be the first in history. The vast majority of these bills will be based on the SBR model from the Satoshi Action Fund.

ChainCatcher news, digital wallet ZAR has completed its angel round financing, with angel investors including MonkeDAO, Big Brain Holdings, Solana Labs co-founder toly, and former Coinbase CTO Balaji participating. Specific financing amounts and valuation information have not yet been disclosed. The new funds will drive its expansion into merchants, and its application supports the exchange of digital dollars and enables global transactions through virtual and physical debit cards.

ChainCatcher news, according to Cointelegraph, the political action committee Commonwealth Unity Fund, primarily funded by the co-founders of Gemini and Ripple Labs, has invested over $600,000 to support Republican Senate candidate John Deaton.According to Federal Election Commission (FEC) records, the super PAC spent about $330,000 on media buys opposing incumbent Democratic Senator Elizabeth Warren, while spending the same amount to support Deaton.It is reported that Deaton is a lawyer who supports crypto companies like Ripple, and he has criticized the SEC and Senator Warren for their excessive intervention in digital assets. FEC records show that Commonwealth has raised over $2.5 million to support Deaton, while Warren has raised over $18 million for her re-election since 2019. Other crypto-supported PACs like Fairshake have also invested heavily in congressional elections.

ChainCatcher news, according to Fortune, the crypto fund XYZ founded by former Senior Director of Cryptocurrency Affairs at the New York Department of Financial Services, Matthew Homer, has completed a $5.1 million funding round, with participation from Compound founder Robert Leshner, Multicoin managing partner Kyle Samani, and Gemini co-founders the Winklevoss twins.In an interview with Fortune, Homer stated that XYZ is not intended to dominate funding rounds but rather to serve as an important advisory resource on the funding landscape for startups. "One of the reasons I started this fund was when I looked at the venture capital space," he said. He also mentioned, "No one really has the resources in the regulatory space."

ChainCatcher news indicates that, according to documents submitted to the bankruptcy court, Valar Ventures, a venture capital firm spun off from Thiel Capital, founded by PayPal co-founder Peter Thiel, owns 19% of the bankrupt crypto lending company BlockFi, making Valar one of BlockFi's largest shareholders.Earlier this year, another cryptocurrency lending institution supported by Valar, Vauld Group, froze customer withdrawals and sought protection from its creditors in Singapore. (The Wall Street Journal)