ChainCatcher news, according to market news, Musk plans to discuss with Trump the use of government reserves to distribute a $5,000 DOGE bonus to American citizens.

ChainCatcher news, according to Bitcoin News, Kraken has completed the initial fund distribution of FTX assets, compensating over 46,000 creditors.It is reported that FTX plans to start repaying $16 billion to creditors on February 18, 2025, with the first phase repaying $6.5-7 billion. Payments are based on prices from November 2022.

ChainCatcher message, FTX announced that it has begun the first distribution of repayments to holders of approved claims in the Convenience Classes under the FTX Chapter 11 reorganization plan. Customers are expected to receive funds within 1 to 3 business days.The expected registration date for the next distribution is April 11, 2025, applicable to holders of approved FTX Class 5 customer equity claims and Class 6 general unsecured claims, both defined under the reorganization plan.For Convenience Claims that were approved after the initial registration date but have not yet received distributions, the next registration date is also set for April 11, 2025. The next distribution is expected to begin on May 30, 2025.

ChainCatcher news, DeFi oracle RedStone Oracles has released the RED token economics. The total supply of RED is 1 billion, of which 48.3% will be allocated to the ecosystem and community (10% will be used for protocol development, 28.3% will be used for ecosystem and data providers, 10% will be used for community and genesis distribution), 20% will be allocated to core builders, and 31.7% will be allocated to early supporters.

ChainCatcher news, DWF Labs partner Andrei Grachev posted on the X platform that due to factors like Trump and memepads, market liquidity has been drained. Additionally, professional trading firms are not engaging in degen trading, but they have withdrawn stable assets and some blue-chip stocks from the market, leading to very low spot activity, which further harms liquidity. This is a phase of accumulation and redistribution that will ultimately lead to significant market volatility.Given the market's fragility, macro narratives could have a huge impact. We should expect that RWA, AI, finance, yield, and science-related assets have a great chance of rising. As a tokenized culture, memes will randomly surge and absorb the "degen" liquidity in the market; the most interesting year in the cryptocurrency space has just begun.

ChainCatcher news, according to Cointelegraph, the total supply of the meme coin CAR in the Central African Republic is 1 billion tokens, and the token distribution plan has been announced on the official website. Among them, 35% will be used for national development, 25% allocated to creators and companies, 20.7% for providing liquidity, 10% for charity, and public distribution accounts for 9.3%.Solscan data shows that the largest holding address currently accounts for 33.31%, and the second largest holding accounts for 25%, which is basically in line with the distribution plan announced by the official. The 20.7% of tokens promised for liquidity have not yet been injected into the liquidity pool.

ChainCatcher news, according to FTX creditor representative Sunil, FTX has sent emails to creditors with claims under $50,000, notifying them about the initial allocation of funds. These creditors need to register through allocation service providers (such as Bitgo or Kraken) and authorize the service providers to receive and disburse the allocated funds on their behalf. Currently, FTX has transferred the first batch of funds to these allocation service providers.At the same time, some creditors have reported disputes regarding the status of their claims on the FTX creditor portal. It is reported that creditors with claims under $50,000 still have approximately $345 million in claims that have not completed KYC verification.Previously, it was announced that FTX would start repaying creditors on February 18, 2025.

ChainCatcher news, according to official sources, the on-chain infrastructure for token distribution and credential verification, Sign, has completed a $16 million financing round led by Yzi Labs. Altos Ventures, HackVC, and Amber Ventures also participated.It is reported that Sign is aggregating verified credentials on-chain to build a larger network, thereby creating a more transparent and secure token distribution infrastructure.

ChainCatcher news, CryptoQuant CEO Ki Young Ju stated that we are currently in the early stage of the late bull market distribution phase, and Trump's global influence may extend the bull market for several quarters.Unlike the traditional "retail investors → whales" Bitcoin distribution model, this cycle shows a shift from "retail investors (native) + whales (native)" to "retail investors (Paper Bitcoins) + whales (institutions)." Native players leave footprints through on-chain activities and cryptocurrency exchanges, while Paper Bitcoins (ETFs, company stocks) leave on-chain footprints in custodial wallets upon settlement.Ki Young Ju expects that the final stage will evolve into a distribution of "retail investors (native) + whales (native) + whales (institutions) → retail investors (Paper Bitcoins)," and this process may be completed within the year, advising investors not to turn bearish too early.

ChainCatcher news, FTX creditor Sunil posted on the X platform revealing that creditors from countries such as Egypt, Iran, Nigeria, Ukraine, China, Russia, and Saudi Arabia are currently not eligible to receive distributions from BitGo and Kraken, but creditors may obtain accounts at these two exchanges.

ChainCatcher news, FTX creditor representative Sunil disclosed the repayment schedule on the X platform. According to the plan, the first round of repayments will be aimed at creditors with claims below $50,000, totaling approximately $1.2 billion. FTX requires creditors to complete claims registration and other pre-allocation requirements by January 20, and the first round of repayments is expected to start on February 25, with the allocation period possibly lasting until March 4.

ChainCatcher message, the proposal submitted by the VitaDAO community to distribute 6.9 million BIO tokens to VITA and VITA IPT holders has been rejected.According to the proposal, the allocation plan was set to distribute 5.52 million BIO to VITA holders and 1.38 million BIO to VITA IPT holders, using multiple snapshots and a tiered mechanism to ensure fairness, with plans to implement it between January and March 2025. However, the proposal failed to gain community support.

ChainCatcher news, according to official information, Blast's mobile platform will be launched later this month along with the tokenomics update.All Blast DApps should ensure that points and Gold (gold points) are distributed to users before these changes. Gold will not be distributed in January.All users should also ensure they log in to the Blast website using their wallets, and the team will soon share the official release date.

ChainCatcher news, according to OnchainLens monitoring, 6 hours ago, a wallet address labeled as SOL Big Brain by Nansen received 1,156,400 PENGU tokens from the PENGU distribution wallet, worth approximately 5 million dollars.

ChainCatcher message, Seraph announces that the $SERAPH token claiming channel is now officially open. Users can visit the official claiming page to check their eligibility and claim rewards: https://claim.seraph.game/home. The token rewards will be airdropped to ActPass accounts, and users can withdraw them to centralized exchanges for deposits in advance.The official recommends using Bybit exchange to participate in the exclusive Launchpool mining activity. Users can stake $SERAPH, $MNT, and $USDT to earn more $SERAPH rewards. For more detailed guides, please visit the official tutorial.

ChainCatcher news, Indian cryptocurrency exchange WazirX has released an asset rebalancing and distribution plan, which has been approved by creditors and recognized by the court. The plan includes four main components:The net liquid platform assets will be rebalanced to ensure fair value distribution, and the first distribution to creditors will be made in the form of tokens within 10 working days after the plan takes effect.Recovery Tokens (RTs) will be issued to allocate subsequent recovery amounts from surplus, illiquid wallet assets, and stolen assets. When the net recovery amount available for purchasing RTs exceeds $10 million, WazirX will provide creditors with the opportunity to purchase RTs quarterly; if below this amount, it will be deferred to the next quarter for assessment.The future trading functionality of RTs is being evaluated to provide creditors with additional liquidity options.All distribution withdrawals must strictly comply with KYC and risk management requirements to ensure process compliance.

ChainCatcher news, the Web3 industry research and analysis platform Web3Caff Research recently released an in-depth report on the multi-chain game ecosystem Treasure.Web3Caff Research researcher Wayne pointed out in the report that the Treasure ecosystem, which has attracted multiple games such as Calamity, Wanderers, Unchained, and Synergy Land, announced plans to establish its own Layer2 application chain in February 2024. Ultimately, Treasure DAO decided to adopt Arbitrum Orbit technology and proposed the concept of "Infinity Chains" in its white paper, aiming to make Treasure Chain the core of numerous game Layer3s. Subsequently, the Ruby testnet went live in April. However, by September, Treasure DAO decided to abandon Arbitrum Orbit and instead migrate to the ZKsync-based Elastic Chain, officially launching the mainnet on December 11. After the launch, it is expected that over $200 million in ecosystem-related assets will be affected, attracting widespread attention.The report further pointed out that from NFTs to the multi-chain game ecosystem, Treasure's exploration in the Web3 gaming field continues to advance, especially after its decision to build a Layer2 application chain and propose the concept of "Infinity Chains." Treasure is gradually moving towards its initial long-term goals. The decision to build the application chain based on Arbitrum Orbit and then shift to the ZKsync Elastic Chain also demonstrates Treasure's commitment to providing a higher-performance, lower-cost, and superior cross-chain capability technology foundation. However, Treasure also faces challenges such as technological homogenization, liquidity issues, and the test of BD capabilities, and resolving these issues will directly impact the healthy development of the ecosystem.

ChainCatcher message: According to a recent report from Glassnode, the ongoing bull market for Bitcoin marks a significant shift of wealth from long-term holders to new investors, and the redistribution of wealth is a sign of the maturity of the Bitcoin market. Long-term holders have been realizing record profits, peaking at $2.1 billion per day, while new investors have sufficient demand to absorb this supply.According to the report, this trend indicates that the depth and diversity of the Bitcoin ecosystem are continuously expanding, thanks to increased institutional participation and heightened retail interest.In 2024, long-term Bitcoin holders (especially those holding for 6 to 12 months) have become the main contributors to selling pressure. These tokens were primarily acquired earlier this year, accounting for 38.5% of the profits realized since November, totaling $27.3 billion.Meanwhile, Bitcoin held for over three years is relatively stagnant, indicating that higher price levels may be needed to stimulate its sale.The report notes that this is a natural cycle in the Bitcoin market. As prices rise, long-term holders distribute their wealth, allowing new investors to absorb the supply.Despite significant profit-taking by long-term holders, new investors have shown resilience, providing the liquidity needed to maintain Bitcoin's upward momentum. Metrics related to short-term holders (STH) highlight their ability to withstand market adjustments without triggering a chain sell-off.Additionally, compared to previous bull markets, the volatility of the current Bitcoin cycle has also decreased. The maximum drop in August was 32%, significantly lower than the adjustment levels of previous cycles. Analysts attribute this stability to increased institutional participation, while the launch of spot Bitcoin ETFs and the widespread acceptance of digital assets have driven this trend. Besides the buying pressure from new retail investors, this institutional demand has also greatly supported the market, ensuring liquidity during sell-offs and supporting price resilience.