ChainCatcher news, according to data from RootData, the Nifty Island token (ISLAND) has increased by 60.06% in the last 24 hours, currently priced at $0.181.According to the Web3 asset data platform RootData, Nifty Island is an open social gaming world where players can create, trade, and showcase 3D NFTs on their islands.

ChainCatcher news, Castle Island Ventures founding partner recently stated in an interview that he does not expect to establish a strategic Bitcoin reserve, as shaking global market confidence by implying risks to the dollar would not benefit anyone.

ChainCatcher news, The Block co-founder Mike Dudas revealed on social media that OpenSea has registered a foundation in the Cayman Islands.

ChainCatcher news, according to the Daily Economic News, the Jeju Special Self-Governing Province of South Korea has announced its "Jeju Artificial Intelligence and Digital Transformation Roadmap," aiming to transform the island into a cashless international city through digital innovation.The plan includes establishing a convenient digital payment system that can be compatible with payment methods from neighboring countries such as China and Japan. In addition, Jeju Island also plans to introduce a system that will convert virtual assets like Bitcoin into Jeju regional currency for local transactions.

ChainCatcher message, Ethereum co-founder Vitalik Buterin expressed his views on the development model of chain abstraction startups. In response to community users' concerns that "chain abstraction startups are creating new technological islands, posing challenges to interoperability," Vitalik stated: "We need to relearn the idea of undertaking important collective projects, rather than defaulting to 'startups' as the mode. Startups are not the right form to solve all problems."

ChainCatcher message, AP reports that Vice President Harris is expected to win Connecticut, Rhode Island, and Massachusetts, while Trump is expected to win Oklahoma, Florida, and Tennessee.

ChainCatcher news, Nic Carter, co-founder of Castle Island Ventures, stated on his social platform that the hype around meme coins is largely a reaction to the oppressive regulation by the U.S. Securities and Exchange Commission. If the SEC regulates rationally, the demand for trading meme coins in the market will decrease.Nic Carter also mentioned that, just like in the past decade, the fundamental desire to trade meme tokens has always been present.

ChainCatcher news, according to The Edge Malaysia, Malaysia's fifth licensed digital asset exchange Hata Digital Sdn Bhd has successfully raised $4.2 million (18.07 million MYR) in seed funding, which is planned to be used for expanding new products and growing its user base in the Asia region.This round of financing was led by American venture capital firms Castle Island Ventures and Cadenza Venture, with participation from global cryptocurrency exchange Bybit, Singapore investment firm AP Capital, American venture capital firm Plug and Play Tech Center, and crypto accelerator Alliance.xyz.Hata CEO David Low stated that support from internationally renowned institutional investors will help the company build a stronger digital asset trading platform in Malaysia and Asia, enhancing user confidence. Castle Island founding partner Nic Carter believes that Southeast Asia is a core market for global cryptocurrency adoption, and Hata has a strong competitive advantage with its differentiated products and compliance strategies.

ChainCatcher News: U.S. Attorney for the Southern District of New York, Damian Williams, announced on September 26 that Eugene William Austin Jr. (also known as "Hugh Austin") was found guilty on three counts for his involvement in a conspiracy of telecommunications fraud, money laundering, and interstate transportation of stolen property. Austin and his son, Brandon Austin, deceived numerous victims across the United States, resulting in millions of dollars in losses.Austin's criminal activities included impersonating a high-value cryptocurrency sales broker, promising high returns on short-term cryptocurrency investments, and seeking high-net-worth investors for startups. They used the proceeds from the scams for personal expenses, such as luxury hotels, restaurants, and shopping. One case involved a $5 million cryptocurrency scam. Austin is scheduled to be sentenced on February 20, 2025, and faces a maximum of 45 years in prison. His son Brandon had previously pleaded guilty and was sentenced to 4 years in prison.

ChainCatcher news, Castle Island Ventures partner Nic Carter stated that the intervention of U.S. regulators forced Silvergate Bank to voluntarily liquidate, otherwise the bank could have survived. Carter pointed out that the Biden administration had previously required Silvergate to limit cryptocurrency deposits to 15%, or face severe consequences. This move is seen as "Kill Switch 2.0," which aims to undermine banks that support cryptocurrency through covert rules, weakening the industry's development.Carter also noted that Silvergate's decision to voluntarily liquidate instead of entering the FDIC receivership process is "questionable," a situation that has occurred only a few times in the past 30 years.Carter believes that Silvergate's collapse is more due to regulatory pressure than a liquidity crisis.

ChainCatcher news, according to Bitcoin.com, Agustin Villa, a resident of Rhode Island, USA, pleaded guilty to his alleged involvement in cryptocurrency money laundering related to international drug trafficking, with an amount involved of 25 million dollars. Agustin Villa acted as a messenger for a drug crime organization and delivered over 75,000 dollars in cash to a cooperating witness on May 26, 2022.

ChainCatcher news, according to The Block, the Bitcoin re-staking platform SatLayer, built on Babylon, announced the completion of an $8 million Pre-Seed funding round, led by Hack VC and Castle Island Ventures, with participation from Franklin Templeton, OKX Ventures, Mirana Ventures, Amber Group, Big Brain Holdings, CMS Holdings, and others.As the first Bitcoin re-staking platform built on Babylon, SatLayer allows users to re-stake their Bitcoin and Bitcoin liquid staking tokens minted based on Solv Protocol, Lombard, Bedrock, pStake, and PumpBTC, to protect Bitcoin validation services (BVSs). SatLayer co-founder Luke Xie stated that there are no formal plans yet for a native token that may be launched in the future.

ChainCatcher news, according to on-chain data analyst Yu Jin's monitoring, cookislandstrust.eth sold the ETH he bought during the dip on August 5th one hour ago.It is reported that after the plunge on August 5th, he spent 7.05 million USDT to buy 2,978 ETH at an average price of $2,367, and sold all of it one hour ago at a price of $2,586, making a profit of $720,000. Thus, he has sold all the ETH and PEPE he bought during the market downturn on August 5th, with a total profit of $750,000 (+7%).

ChainCatcher news, according to Spot On Chain monitoring, the whale cookislandstrust.eth has once again bottom-fished to buy PEPE. In the past 7 days, this whale has spent a total of 3.13 million USDT, purchasing 42 billion PEPE twice on August 5 and 2 hours ago, currently making a profit of 170,000 USD (+5.4%).On August 5, it also spent 7.05 million USDT to bottom-fish and buy 2,978 ETH, currently making a profit of 534,000 USD (+7.58%).

ChainCatcher news, the liquid staking protocol Kintsu has completed a $4 million financing round, led by Castle Island Ventures. Brevan Howard Digital, CMT Digital, Spartan Group, Breed VC, CMS Holdings, Animoca Ventures, and angel investors Alex Matthews and Ross Trachtman from Brevan Howard Digital, Marin Tvrdic from Lido, and Robinson Burkey from Wormhole Foundation also participated.Kintsu is a liquid staking protocol founded by Novenstern last year, who previously served as the strategic lead for the decentralized exchange Pangolin on the Avalanche blockchain.Additionally, Kintsu's sMONAD liquid staking token will be launched in the first week after Monad's release. The Monad mainnet is expected to launch sometime this year.

ChainCatcher news, according to Chainwire, blockchain data management startup SendBlocks announced the completion of $8.2 million in seed funding, led by Castle Island Ventures, with participation from Pitango, Illuminate Financial, Laser Digital (Nomura), and Starkware.It is reported that SendBlocks allows blockchain enterprises, ecosystems, protocols, and applications to define the data that is important to them, and its platform supports customization.

ChainCatcher news, Robinhood announced that its cryptocurrency trading service is now live in Hawaii, Puerto Rico, and the U.S. Virgin Islands. Users can now trade cryptocurrencies through the Robinhood platform in these regions.

ChainCatcher news, the Central Bank of Iran (CBI) has announced the launch of a pilot program to introduce the country's Central Bank Digital Currency (CBDC) on Kish Island in the south. The CBI stated on Tuesday that starting from June 21, bank customers and visitors in Kish will receive digital rials.This launch expands the pilot program that began in May 2023, involving collaboration with Iran's Tejarat and Mellat banks. The digital rial will be used for retail transactions, including the purchase of goods and services. Iran initiated its digital currency program in 2021 after preliminary research and approval from the country's High Monetary and Credit Council.