ChainCatcher news, the latest report released by Tiger Research points out that despite South Korea's leading global position in cryptocurrency trading volume, the development of the country's Web3 industry is hindered by unclear regulations and a lack of specific guidance, resulting in accelerated outflow of capital, talent, and enterprises. The report mentions that in 2024, the transfer of South Korean crypto assets to overseas exchanges and DeFi platforms is expected to increase by 2.3 times year-on-year, primarily influenced by service interruptions at local exchanges and the attraction of external investment opportunities. Additionally, South Korean Web3 companies such as Nexpace, Klaytn, and Wemix have relocated their headquarters to regulatory-friendly countries like the UAE.The report also highlights that the outflow of talent has exacerbated the decline in the technological competitiveness of South Korea's Web3 ecosystem, while countries like the United States and the UAE have attracted high-end technical talent through clear policies. If South Korea wants to maintain its competitiveness in the global Web3 industry transformation by 2025, it urgently needs to promote regulatory reforms, allow corporate accounts to engage in crypto trading, and formulate policies related to stablecoins and DeFi to build a sustainable innovation ecosystem.

ChainCatcher news, according to the official announcement from Yuliverse, its Web3 gamified social platform token $YULI will be listed on multiple exchanges on January 23, 2025, at 20:00 (Beijing time), including Bitget, Gate.io, KuCoin, MEXC, BingX, BigONE, and CoinEx.This token generation event (TGE) marks a new development stage for Yuliverse.

ChainCatcher news, on-chain analyst Ali posted on platform X stating that based on Glassnode data, 540,000 ETH (worth $1.84 billion) have flowed out of exchanges in the past month.

ChainCatcher news, according to Nobsbitcoin, the Central Bank of Iran (CBI) has suddenly closed cryptocurrency exchange payment channels without prior notice, restricting citizens' use of digital assets. This move comes against the backdrop of the Iranian rial depreciating by 37% against the dollar in 2024, after many Iranians turned to digital assets like Bitcoin as a safe haven.The Central Bank of Iran is developing a "centralized cryptocurrency management system" similar to the banking system Shaparak to strengthen regulation of the crypto market. The bank's "Cryptocurrency Policy Regulatory Framework" released last month established its position as the main regulatory authority in the industry. The Human Rights Foundation pointed out that for the Iranian people, who are experiencing severe inflation and financial isolation, Bitcoin is one of the few avenues for financial freedom, and the authorities are blocking this channel.

ChainCatcher news, according to Bloomberg, the Thai Securities and Exchange Commission (SEC) is considering allowing Bitcoin exchange-traded funds (ETFs) to be listed on local exchanges for the first time, aiming to promote the country as a digital asset hub. SEC Secretary-General Pornanong Budsaratragoon stated that the proposed new regulations will allow both individual and institutional investors to invest in local Bitcoin ETFs. Previously, Thailand's One Asset Management launched a fund portfolio in June 2024, providing investors with indirect exposure to overseas Bitcoin ETFs, but direct investment products in Bitcoin have not yet been permitted.This potential policy shift comes as competition intensifies among digital asset hubs in the Asia-Pacific region. Singapore and Hong Kong have implemented supportive policies, while U.S. presidential candidate Trump has also pledged to make the U.S. a global cryptocurrency center. Pornanong stated, "Like it or not, we must follow the pace of global cryptocurrency adoption. We need to adapt to changes and provide investors with more protected investment options in crypto assets." Additionally, Thailand is gradually easing restrictions on digital assets, including considering the launch of a government bond-backed stablecoin and planning to establish a tourism service sandbox for Bitcoin trading in Phuket.According to the latest data, as of November 30, there are approximately 270,000 active cryptocurrency trading accounts in Thailand.

ChainCatcher news, the AI-driven Web3 social dating platform Metya (MET) will officially launch on January 15, 2025, at 20:30 (UTC+8) on several mainstream exchanges including BingX, XT, LBank, and Jucoin.Metya is the first social mining platform that combines AI technology with the Web3 model, focusing on providing users with a new dating and social experience. Through its unique social mining mechanism, Metya rewards users for their interactions and content contributions, while promoting innovation and development in the Web3 social ecosystem.The Metya platform, centered around an AI-driven user matching algorithm and a decentralized social incentive model, has attracted over 8.5 million users. The MET token, as an important component of its ecosystem, will support various functions such as platform consumption, node sales, and community governance, providing users with rich incentives and interactive scenarios.

ChainCatcher news, according to Cointelegraph, due to continuous buying by institutions, Bitcoin reserves on cryptocurrency exchanges have fallen to a nearly 7-year low, and investors are paying attention to potential supply shocks.According to CryptoQuant data, as of January 13, Bitcoin reserves on cryptocurrency exchanges have dropped to 2.35 million BTC, the lowest level since June 2018, when Bitcoin was trading above $7,000.Bitwise Research Director André Dragosch stated that the decline in Bitcoin supply may be attributed to the ongoing discounted purchases by institutional participants.

ChainCatcher news, according to Coinglass data, in the past week, major cryptocurrency exchanges have seen a total outflow of 11,020 bitcoins, with Coinbase Pro experiencing an outflow of 8,272.50 bitcoins, Binance an outflow of 3,469.23 bitcoins, and Bitfinex an inflow of 1,584.71 bitcoins. Currently, the total balance of bitcoins on cryptocurrency exchanges is 2,194,300 bitcoins.

ChainCatcher message, cryptocurrency analyst Maartunn disclosed on social media that the amount of Bitcoin sold by exchange market makers (trader buy volume) reached $438,812,600.4898, and stated: "I don't think I've ever seen such a high buy volume in any candlestick chart within a minute."

ChainCatcher news, Ripple's stablecoin Senior Vice President Jack McDonald revealed that the company plans to launch its USD-pegged stablecoin RLUSD on more exchanges, including Coinbase in the United States.McDonald stated that the process of getting RLUSD listed on exchanges involves complex technical procedures, including support for different blockchains and their assets. He mentioned that some exchanges have economic partnerships with specific stablecoins, such as Coinbase with USDC and Binance with FDUSD, but he believes that Coinbase may gradually expand the range of supported stablecoins. Currently, Coinbase supports various stablecoins, including USDC, PAX, GUSD, PYUSD, and USDT.McDonald expects that by the end of 2025, more exchanges will support RLUSD. He also pointed out that the stablecoin market in the future will be dominated by issuers with institutional support and compliance capabilities, while smaller issuers will face challenges due to high compliance costs.

ChainCatcher news, according to Cointelegraph, Ripple President Monica Long expects its Ripple USD (RLUSD) stablecoin to be listed "soon" on major cryptocurrency exchanges to continue expanding the issuance and availability of XRP on other exchanges, with an announcement forthcoming.However, when asked about the listing status of RLUSD on major platforms like Coinbase, she declined to provide specific information.

ChainCatcher news, according to Finance Magnates, Kazakhstan's regulatory body AFM RK announced that authorities have blocked over 3,500 illegally operating cryptocurrency exchanges. This action is the result of a joint effort by the National Security Committee and the Ministry of Culture and Information. Earlier in 2023, authorities also blocked access to Coinbase on the grounds of alleged violations of digital asset laws.In 2024, regulators shut down 36 illegal cryptocurrency exchanges, with a total trading volume of 60 billion Kazakhstani tenge (approximately 11.3 million USD), and froze assets worth 4.8 million USDT. Additionally, authorities uncovered two cryptocurrency pyramid schemes, returning 545,000 USDT to victims and freezing 120,000 USDT held by the platforms.AFM stated that it is working with international partners to strengthen the regulation of cryptocurrency trading, combat its use for criminal activities, and develop legal amendments to hold digital asset providers accountable for money laundering, while financial institutions' inspections of cryptocurrency trading have also been enhanced.

ChainCatcher message, in the coming hours, Tether will collaborate with third-party exchanges for a chain swap, converting part of its USDT cold wallets on different blockchains to USDT on Tron.During this process, Tether's total supply of USDT will remain unchanged, amounting to approximately 1 billion USDT (the amount may vary).

ChainCatcher news, according to @ai_9684xtpa's monitoring, on December 19, an address associated with DWF Labs received 150 million tokens transferred from the TAO Cat project team, currently valued at approximately 7.23 million USD. Among them, 79.3 million TAOCAT tokens have been transferred to major exchanges, and 50 million tokens were moved to the multi-signature address 0x793. Within four hours of the announcement, 6.18 million tokens were distributed to two addresses, which have not yet been transferred or sold. Recently, DWF Labs announced an investment in TAO Cat through its 20 million USD AI agent fund, causing the token price to temporarily rise by 35%, and it has now fallen back to 0.04663 USD.

ChainCatcher news, according to the official announcement, MEXC has now launched the swap feature. MEXC Swap is a simple and efficient digital asset exchange tool that supports both web and app usage. Users can instantly obtain swap quotes, and the exchange price is calculated based on the current market conditions, with no transaction fees.The swap is based on a fixed exchange rate, effectively avoiding slippage (price deviation) in order book trading, allowing users to clearly foresee the final exchange result. The minimum and maximum exchange limits for each cryptocurrency may vary, and the specific limits will be clearly displayed in the trading box.