ChainCatcher news, according to market reports, Digital Currency Group (DCG) has been charged by the U.S. Securities and Exchange Commission (SEC) and fined $38 million due to the lending fraud activities of its subsidiary Genesis.It is reported that Genesis is a cryptocurrency lending platform under DCG and was once one of the largest institutional lending service providers in the crypto industry. In November 2022, the collapse of the cryptocurrency exchange FTX exacerbated market turmoil, leading Genesis to suspend customer withdrawals during this period and file for bankruptcy protection in January 2023, with asset and liability valuations between $1 billion and $10 billion. According to the SEC investigation, Genesis and DCG are accused of concealing financial losses through false statements, involving over 230,000 investors and totaling more than $1 billion.

ChainCatcher news, as reported by Bitcoin Magazine, California Assembly member Phillip Chen has appointed the nonprofit organization Proof of Workforce to assist in drafting legislation supporting Bitcoin and to explore how Bitcoin can benefit the state.

ChainCatcher news, according to coinglass, the total liquidation amount across the network in the past 24 hours was $278 million, with long positions liquidated amounting to $114 million and short positions liquidated amounting to $164 million. Among these, the liquidation amount for BTC was $90.9 million, for ETH was $35.08 million, and for XRP was $22.55 million. A total of 87,875 people were liquidated, with the largest single liquidation occurring on Binance - BTCUSDT, valued at $6.0855 million.

ChainCatcher news, according to Jinshi reports, CNN revealed that the elected President Trump stated that the decision regarding TikTok will be made by him, but did not disclose what that decision will be.

ChainCatcher news, according to Jinshi reports, the White House stated that TikTok should continue to be available to Americans, and the enforcement of the TikTok law must be carried out by the next administration.Earlier today, the U.S. Supreme Court upheld the "ban if not sold" law regarding TikTok.

ChainCatcher news, according to on-chain analyst @ai_9684xtpa monitoring, a certain whale has been shorting BTC and ETH on both sides, increasing their BTC short position to 200 coins (20.76 million USD) half an hour ago, while also opening a short position of 5000 ETH at an average short price of 3442 USD.Currently, the total value of the short positions on both sides has reached 37.96 million USD, causing their Aave health factor to rapidly drop to 1.85.

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, according to Chainwire, Crypto x AI company Reppo Labs announced the completion of a $2.2 million funding round, with participation from Protocol Labs, CV VC, CMS Holdings, among others, some of which were raised on Echo.xyz. The new funds will be used to develop key infrastructure that enables permissionless collaboration between data owners and AI developers and agents on niche datasets.It is reported that Reppo Labs was spun off from Protocol Labs Venture Studio in March 2024. Reppo is a permissionless network that facilitates seamless collaboration between AI developers and data owners through intent and intellectual property (IP) co-ownership.

ChainCatcher news, according to Trader T's monitoring, BlackRock's IBIT had a pre-market trading volume of 71 million dollars today, with 35% being active sell orders and 40% being active buy orders.

ChainCatcher news, AI-driven cryptocurrency analysis platform Mind AI announced the completion of a $1.2 million strategic financing, with participation from aixcb, Castrum Istanbul, Dewhales, SMO Capital, Metazero Capital, X21 Digital, Lunar Labs Capital, Zephyrus Capital, AlfaCatalyst, Decubate, Maven Capital, Unreal Capital, GAINS Associates, Coinvestor Ventures, Kef Ventures, Carbon Browser, Danxia Capital, and Unicorn Ventures.According to Web3 asset data platform RootData, Mind AI is a crypto analysis platform that helps investors make better decisions using data. Its goal is to help users eliminate the noise of social media and information overload.

According to ChainCatcher news, Metya's official X platform states that the staking feature for the native token $MET has officially launched on the official website. Users can earn daily ME points rewards by staking $MET. The total reward pool amounts to 100 million dollars, with a large amount of $MET distributed daily in proportion, helping participants gain substantial returns in the Web3 social ecosystem.In addition, staking rewards will be automatically converted to the user's wallet and gradually distributed.

ChainCatcher message, according to Whale Alert monitoring, at 22:04 Beijing time today, 24,229 ETH (approximately 82.51 million USD) was transferred from Cumberland to Coinbase Institutional.

ChainCatcher news, the International Monetary Fund (IMF) has a slightly optimistic view on the global economic outlook and has also raised its expectations for the U.S. economy. In the latest World Economic Outlook released today, the IMF projects that the global economy will grow at a "steady but not very bright" rate of 3.3% this year, and will again grow by 3.3% by 2026. The new outlook for 2025 is 0.1 percentage points higher than the 3.2% predicted in the October report.The IMF also expects that, driven by strong domestic demand, the U.S. economy will grow by 2.7% this year, which is 0.5 percentage points higher than the October forecast. However, IMF officials warned that if President-elect Trump follows through on his threats to impose broad tariffs on all U.S. imports from countries like Canada and Mexico, the U.S. could face higher inflation. IMF Research Director Pierre-Olivier Gourinchas stated, "Raising tariffs or restricting immigration would act like a negative supply shock, reducing output and increasing price pressures." (Jin Shi)

ChainCatcher news, according to Cointelegraph, the EU's Digital Operational Resilience Act (DORA) has officially come into effect, requiring cryptocurrency companies to comply with new cybersecurity regulations. According to the regulations, financial entities within the EU must establish a comprehensive register of third-party IT service provider contract arrangements to ensure infrastructure security and risk management.DORA is a further extension of the EU's Markets in Crypto-Assets Regulation (MiCA), aimed at enhancing the ability of companies to respond to disruptions such as cyberattacks and IT failures, with the ultimate goal of strengthening investor protection and market integrity. Matt Sullivan, Deputy General Counsel and Head of Ireland at crypto infrastructure company MoonPay, stated that all crypto asset service providers licensed under MiCA must comply with DORA's requirements.

ChainCatcher news, according to official news, the U.S. Securities and Exchange Commission has announced that it has filed settlement charges against Wells Fargo and Merrill for violations related to their cash clearing plans.The two companies have agreed to pay a total of $60 million in civil penalties. The reason for the settlement charges is their failure to adopt and implement reasonably designed written policies and procedures to prevent violations of the Investment Advisers Act and its related rules concerning the companies' cash clearing plans.According to the SEC's order, Wells Fargo Advisors and Merrill Lynch provided a Bank Deposit Sweep Program (BDSP) as the only cash clearing option for most advisory clients and derived significant economic benefits from the cash of advisory clients in the BDSP. The two companies and their affiliates set the interest rates offered in the BDSP, and during periods of rising interest rates, the yield differential between the BDSP and other cash clearing alternatives sometimes grew to nearly 4%.

ChainCatcher news, according to Jinshi reports, the International Monetary Fund (IMF) has raised its forecast for U.S. economic growth in 2025 to 2.7%, up from the October forecast of 2.2%; the expected economic growth rate for 2026 is 2.1%, higher than the previous forecast of 2.0%.Under the new U.S. government, policy changes are likely to drive inflation up in the short term, and excessive relaxation of regulatory measures may weaken financial safety protections and increase financial vulnerabilities.

ChainCatcher message, according to whale_alert, shows that 1,800 bitcoins (approximately $185 million) were transferred from Binance to an unknown wallet.

ChainCatcher news, according to Whale Alert monitoring, around 21:58 Beijing time today, USDC Treasury minted an additional 250 million USDC on the Solana chain.

ChainCatcher news, according to Lookonchain monitoring, after Binance announced the launch of AVA perpetual contracts, two whales collectively bought 2.82 million AVA, worth approximately $668,000.Among them, kMqzy7...J34q purchased 1.49 million AVA (approximately $350,000) after the Binance announcement.BDuaQn ...Y2kH (with $2.5 million in assets) purchased an additional 1.33 million AVA (worth $318,000) after the Binance announcement, bringing the total to 2.95 million AVA (worth $758,000) today.

ChainCatcher news, according to CoinDesk, Galaxy Digital stated in a research report on Wednesday that despite the recent rise in digital asset prices, cryptocurrency venture capital (VC) activity remains below previous bull market levels. In 2024, the total capital allocation of venture funds to the crypto industry is $11.5 billion, down from 2023. Galaxy pointed out that in the early rounds of bull markets in 2017 and 2021, VC activity was highly correlated with crypto asset prices, "but in the past two years, despite the rise in cryptocurrencies, VC activity has remained sluggish."There are several reasons for the stagnation in the venture capital market. Galaxy stated that these reasons include a "barbell market," where Bitcoin and its new spot ETF take center stage, while meme coins have "limited marginal net new activity." These meme coins struggle to secure funding and have a "questionable lifespan."The report noted that new projects at the intersection of artificial intelligence (AI) and cryptocurrency are gaining increasing attention, and upcoming regulatory changes may bring more opportunities for stablecoins, decentralized finance (DeFi), and tokenization. The report indicated that some large investors may gain exposure to cryptocurrencies through Bitcoin spot ETFs, "rather than turning to early VC investments."Galaxy stated that the U.S. completed the most transactions and invested the most funds in the fourth quarter. Galaxy added that early-stage deals accounted for 60% of the total investment in the fourth quarter, with stablecoin companies raising the most funds.The report also noted that in 2024, venture capitalists invested a total of $11.5 billion in startups focused on cryptocurrency and blockchain. These funds invested $3.5 billion in 416 deals in the fourth quarter, a quarter-over-quarter increase of 46%.