ChainCatcher News, Hong Kong plans to exempt private equity funds, hedge funds, and ultra-high-net-worth investment vehicles from taxes on cryptocurrency, private credit investments, and other asset returns.This week, the Hong Kong government stated in a 20-page proposal that taxation is "one of the main considerations" for asset management companies when deciding on the location of their business, and the Hong Kong government aims to create a "favorable environment" for them.According to the proposal, the Hong Kong government hopes to expand the scope of tax-exempt investments to include private credit, overseas real estate, and carbon emission allowances. The government is conducting a six-week consultation on the plan.

ChainCatcher news, according to monitoring data from Arkham, the market value of the Trump family's DeFi project World Liberty Fi has surpassed 50 million USD, currently reaching 56,507,264.54 USD. USDC is its largest held cryptocurrency (currently about 33.32 million coins), followed by ETH (currently about 4,740 coins).It is reported that the increase in World Liberty Fi's market value may be related to an investment by Sun Yuchen. Previously, there were reports that Sun Yuchen allegedly used a cryptocurrency wallet belonging to HTX exchange to purchase about 2 billion WLFI tokens, which were bought using USDC on the Ethereum network.

ChainCatcher message, according to the official announcement, Sun Yuchen has joined the Trump family project World Liberty Financial (WLFI) as an advisor. WLFI stated on the X platform: "Sun Yuchen's insights and experience will help us continue to innovate and grow." The day before the announcement, Sun Yuchen invested $30 million in WLFI, becoming its largest investor.

ChainCatcher news, Sun Yuchen announced a $30 million investment in the Trump family's cryptocurrency project World Liberty Financial (WLFI), becoming its largest investor.He also stated that the United States is becoming the center of blockchain, all thanks to Trump's support for Bitcoin.

ChainCatcher news, the Trump family's crypto project WLFI announced on the X platform that it will adopt Chainlink's on-chain data and cross-chain connectivity standards as a secure way to bring DeFi into the next phase of mass adoption.

ChainCatcher message, the Trump family's crypto project WLFI (World Livity Financial) has posted on social media that participants in the WLFI token sale can now add WLFI tokens to their wallets.

ChainCatcher news, according to official sources, Aave Labs and Lens parent company Avara announced the launch of a non-custodial crypto wallet called Family, which comes with a built-in messaging feature.According to the introduction, Family can be downloaded for free from the iOS App Store, suitable for users ranging from beginners to experienced crypto users, and is designed to help users trade or explore Web3.

ChainCatcher news, the hacker Robert Powell, suspected of stealing $400 million in cryptocurrency from the FTX exchange through SIM card swapping, has applied to the court for a temporary lift of his house arrest to attend his girlfriend's sister's birthday party at Chuck E. Cheese in Illinois this Sunday.Powell was arrested in February this year along with two accomplices and was released under house arrest on a $10,000 bail, with restrictions on internet use, only allowing attendance at court or medical appointments. His lawyer stated that Powell has fully complied with all release conditions, and both the prosecution and pretrial services do not oppose this request.

ChainCatcher news, Trump's granddaughter Kai Trump posted a "victory family photo" taken last night at the Palm Beach Conference Center on her social platform. The family photo features the entire Trump family, with Musk also included.

ChainCatcher news, Eric Trump, the second son of Trump and current Executive Vice President of the Trump Organization, posted on the X platform saying, "My family loves cryptocurrency, and we appreciate the community's strong support for World Liberty Financial."

ChainCatcher news, according to CoinDesk, BitMEX founder Arthur Hayes stated: "Given the uncertainty of the U.S. election results, the family office Maelstrom will invest 5% of its fund in staked USDe (Ethena USD), which can earn about 13% returns. We maintain large long positions in Bitcoin, Ethereum, and other tokens."Hayes added that the fund will deploy all sUSDe into cryptocurrencies once the U.S. election results are clear and the losing side accepts the outcome. Hayes joked that who the winner is doesn't matter in the short term.

ChainCatcher news, according to official sources, 1inch has announced a long-term partnership with the Bruce Lee Family Company, aimed at promoting the adoption of DeFi and Web3. Through this collaboration, both parties are launching an advertising campaign with the slogan "Take crypto seriousLee." The campaign aims to change people's perceptions of cryptocurrency, moving it away from being seen as unserious or purely speculative, and conveying to the public that it represents the future of the financial system.

ChainCatcher news, according to CNBC, the Trump family's cryptocurrency project World Liberty Financial (WLF) has released a 13-page "World Liberty Gold Paper" document detailing the project's mission and token distribution plan. The document shows that the Trump family will receive 75% of the project's net profits while incurring no liabilities.According to the document, the Delaware company DT Marks DEFI LLC, associated with Trump, will receive 75% of the net protocol revenue. The Trump family will receive 22.5 billion WLFI tokens, valued at approximately $337.5 million based on this week's issuance price of 1.5 cents. The document emphasizes that Trump and his family members are not directors, employees, managers, or operators of WLF or its affiliates, and states that the project and tokens "are not related to any political activities."The remaining 25% of the net protocol revenue will belong to the Puerto Rican company Axiom Management Group (AMG), wholly owned by project co-founders Chase Herro and Zachary Folkman. AMG has agreed to allocate half of its revenue rights to Trump's close friend and political donor Steve Witkoff and affiliated companies of some of his family members, WC Digital Fi.

ChainCatcher news, according to iChainfo monitoring, the token sales of the Trump family project World Liberty Financial have reached 12.51 million USD. On-chain analysis results show that the total amount of tokens held by buyers is still less than 1%.

ChainCatcher news, according to CoinDesk, the crypto project World Liberty Financial (WLFI), supported by the Trump family, achieved only 4% of its expected token sale target within 24 hours of its launch. WLFI sold over 792.36 million tokens, raising $11 million, falling short of the $300 million target.Each token is priced at $0.015, with the average total value of tokens purchased by holders being less than $1,000. One reason for the waning interest among participants may be the nature of the tokens. WLFI serves as a non-transferable governance token for the platform, allowing users to participate in DeFi activities such as lending and creating liquidity pools, but users cannot sell them to investors at a higher price in the future, which diminishes their appeal as an investment.

ChainCatcher news, the Trump family's crypto project World Liberty Financial has surpassed $10 million in WLFI token sales, reaching only about 3.4% of its $300 million target so far.WLFI started its sale on October 15, offering a total of 20 billion tokens, but only 687 million tokens were sold 14 hours later, worth approximately $10.3 million. Etherscan data shows that only 6,832 unique wallet addresses hold WLFI, far below the more than 100,000 registered users announced by the project team the day before the token launch.

According to ChainCatcher news, the official website shows that three Chinese individuals, including former Paxos CEO, Scroll co-founder, are directly involved in the Trump family's crypto project WLFI. Former Paxos CEO Rich Teo serves as a team member, taking on the role of stablecoin and payment supervisor; Scroll co-founder Sandy Peng and Ankr founder Ryan Fang join as advisors.

ChainCatcher news, the Trump family's crypto project WLFI token sale website has experienced multiple interruptions after its launch. WLFI advisor and Scroll blockchain network co-founder Sandy Peng attributed the website disruptions to excessive traffic, stating, "The team did not expect such a level of attention."It is reported that the Scroll network will host the blockchain application of World Liberty Financial. Within the first hour of the World Liberty Financial website (the official portal for WLFI token sales) going live, it received 72 million unique visits. The website then went offline due to high traffic but has since intermittently come back online, seemingly switching to a new web hosting service.