ChainCatcher news, according to Forbes, hardware wallet manufacturer Ledger has sold over 7 million devices and currently manages about 20% of the world's crypto assets, valued at approximately $400 billion.Ledger CEO Pascal Gauthier stated that the company is expanding from cryptocurrency security to a broader cybersecurity field. The Security Key application launched in September this year has entered the authentication market, which is expected to reach a market size of $40 billion by 2030.It is worth noting that Ledger has completed a total of $600 million in financing, including $380 million in Series C funding in 2021 at a valuation of $1.5 billion, and an additional $108 million in financing at the same valuation in early 2023.

ChainCatcher news, according to The Block, the Consumer Financial Protection Bureau (CFPB) finalized a rule this Thursday that grants it the authority to regulate "large non-bank companies," but explicitly excludes crypto assets. The CFPB stated that this rule only applies to transactions denominated in U.S. dollars.The new rule is titled "Defining Larger Participants in the Market for General Digital Consumer Payment Applications" and applies to non-bank financial companies that process more than 50 million transactions annually, requiring them to comply with the same rules as large banks and credit unions. The CFPB emphasized that the definition of "annual covered consumer payment transaction volume" is limited to transactions denominated in U.S. dollars and does not include digital assets such as Bitcoin and stablecoins.The crypto industry and some Republican lawmakers had previously expressed concerns about the potential impact of the rule on crypto assets. The DeFi Education Fund welcomed this and stated that the regulation of digital assets should be led by Congress, not regulatory agencies.

ChainCatcher news, Fox reporter Eleanor Terrett posted on the X platform that the Financial Industry Regulatory Authority (FINRA) has added a section about cryptocurrencies on its website.Although the term "crypto asset security" is not mentioned (except in the "Learn More" section linking to the 2023 SEC investor alert), FINRA still points out that, in addition to trading crypto assets, the assets themselves can also be considered a form of security.The section provides an in-depth overview of various types of crypto assets, how they are bought and sold, and the potential risks associated with them. It also links to additional cryptocurrency-related resources on its own website as well as those from other regulatory agencies such as the SEC, CFTC, and FTC.

ChainCatcher news, according to Cointelegraph, the cryptocurrency asset management company Grayscale has completed a reverse stock split of the Grayscale Bitcoin Mini Trust ETF and the Grayscale Ethereum Mini Trust ETF, aimed at making trading of the securities more "cost-effective."After the reverse stock split conducted at 22:00 UTC on November 19, the price per share of the Grayscale Bitcoin Mini Trust ETF increased fivefold. At the same time, the number of outstanding shares held by ETF holders was proportionally reduced. Due to the reverse stock split of the Ethereum Mini Trust ETF, the price per share of the trust increased tenfold from the net asset value (NAV) per share before the split, and the number of shares held by shareholders (excluding fractional shares) must also be proportionally reduced.It is reported that after the reverse stock split on November 19, shareholders will see its effects on the next trading day, November 20. For the Grayscale Bitcoin Mini Trust ETF, every five shares of the ETF before the split will be exchanged for one share of BTC after the split, with a price that will be five times the NAV per share before the split. For the Grayscale Ethereum Mini Trust ETF, every ten shares of ETH before the split will be exchanged for one share of ETH after the split, with a price that will be ten times the NAV per share before the split. Grayscale stated that since the split will occur automatically, shareholders do not need to take any action.

ChainCatcher message, according to the Cyvers Alerts system monitoring, polterfinance has reported an attack event on the Fantom chain, with over $7 million in crypto assets stolen. The attacker initially obtained funds on Ethereum through Tornado Cash, and the funds were later bridged to Fantom.The team has taken immediate action:The platform is suspended to control the vulnerability.The bridge has been notified, and the involved wallets have been traced to Binance.An active investigation into the vulnerability is underway.

ChainCatcher message states that according to South Korea's "Virtual Asset User Protection Act," exchanges must notify users in advance of the reasons for blocking deposits and withdrawals. However, the Financial Supervisory Service's latest "Non-Action Opinion" indicates that in emergencies such as hacking attacks, money laundering, or fraud, exchanges may delay notification and prioritize implementing deposit and withdrawal restrictions.At the same time, the regulation adds strict conditions: a comprehensive assessment must be made to determine whether the reasons for the restrictions are foreseeable and the necessity of delaying notification. For special requests made by administrative or investigative agencies, the Financial Supervisory Service also emphasizes that, without justifiable reasons, the principle of prior notification must still be upheld to protect investors' rights from being infringed.

ChainCatcher news, according to monitoring by Spot On Chain, the Ethereum Foundation sold 100 ETH about 25 minutes ago for 334,315.7 DAI. This is the first ETH sale since the release of the 2024 report on November 8. The report shows that the foundation's asset reserves were $970.2 million as of October 31, with $788.7 million in crypto assets (99.45% being ETH).The Ethereum Foundation plans to regularly sell ETH to fund key public projects and maintain reserves. As of 2024, the foundation has sold a total of 4,266 ETH, raising $11.83 million, with an average sale price of approximately $2,773.

According to ChainCatcher news and the official announcement, Binance will launch Binance Wealth, aimed at supporting wealth managers and their high-net-worth clients interested in expanding their cryptocurrency asset investment portfolio. It primarily caters to the needs of wealth managers, further connecting traditional markets and the crypto market, encouraging both institutional and private wealth to increasingly engage in the cryptocurrency asset space.

ChainCatcher news, according to Hong Kong media East Network, the Hong Kong Securities and Futures Commission (SFC) discussed regulatory guidelines for crypto assets, tokenization, and artificial intelligence with representatives from 12 Asia-Pacific securities market regulatory agencies.In addition, the Hong Kong SFC also hosted the first meeting of the International Organization of Securities Commissions (IOSCO) Asia-Pacific Committee's Supervisory Directors Network, where, in addition to discussions, there was sharing of the latest market developments and observations from the business community. A commercial bank also conducted a live demonstration of artificial intelligence applications.

According to ChainCatcher news, data submitted by the Financial Supervisory Service of South Korea on October 22 shows that from January 2018 to August 2024, the five major South Korean exchanges (Upbit, Bithumb, Coinone, Korbit, Gopax) listed a total of 1,482 cryptocurrency assets, of which 517 (34.9%) were delisted.The average listing time for these delisted 517 cryptocurrency assets was 748 days (about 2 years and 18 days), but more than half (54.0%) of the cryptocurrency assets were delisted in less than two years. There were 107 tokens (20.7%) that even failed to last a year. The shortest listing time was for DigixDAO (DGD), which was delisted in January 2018, with a listing time of 77 days.