ChainCatcher news, according to a report by the Financial界, the National Intellectual Property Administration's information shows that Nokia Technologies Limited has applied for a patent titled "Device Method and Computer Program," with publication number CN 119155674 A, and the application date is June 2024.The patent abstract indicates that it provides a device, method, and computer program for use in user devices to perform the following: encrypt digital assets using a first key to form encrypted digital assets; provide the encrypted digital assets and an index for the encrypted digital assets to a first network function; and provide an identifier for the encrypted digital assets to a first entity.

ChainCatcher message, the no-wallet L1 XION announces the launch of the "Prometheus Legend" on-chain celebration, which will last for several months. The event offers an immersive experience, allowing early bird users to deeply engage in XION mainnet activities and ecological projects to earn "Karma" points, and participate in daily activities, staking, competitions, art, application releases, and on-chain community activities alongside numerous users, developers, creators, and artists. Early access is now open, with the first phase limited to invited participants.XION is the first no-wallet L1 blockchain designed specifically for consumer adoption through chain abstraction technology. By implementing account abstraction, signature abstraction, fee abstraction, interoperability, and other features at the protocol layer, XION empowers developers to create secure, intuitive, and seamless user experiences. Regardless of technical background, everyone should have equal access to true ownership. Previously, the project raised over $36 million from top investment institutions such as Multicoin, Animoca, Circle, Hashkey, Arrington Capital, and Spartan.

ChainCatcher news, according to axios, the crypto securities platform Prometheum has completed a $20 million financing round, with funds coming from a group of undisclosed individuals and institutions, bringing Prometheum's total fundraising to approximately $64.3 million. Prometheum has two subsidiaries. One is an alternative trading system expected to launch in the first quarter of 2025. The other is a custodian currently serving institutional investors, focusing on a few well-known crypto assets. This funding will be used to add more crypto assets and launch upcoming security tokens.According to the Web3 asset data platform RootData, Prometheum is a blockchain-focused company dedicated to building an end-to-end ecosystem for the trading, custody, and settlement of digital asset securities.

ChainCatcher news, according to the FTX claims portal, BitGo and Kraken are its distribution partners, with payment methods including stablecoins and fiat currencies.

ChainCatcher news, according to a report by The Paper, the People's Court of Wenchang City, Hainan Province, recently concluded a case involving the trading of personal information using cryptocurrency. The court's investigation revealed that the defendant, Han, purchased over 82.24 million pieces of personal information for 500 yuan via QQ in 2021, which included 7.27 million photos of ID cards, 30.69 million vehicle owner information, and 1.07 million bank user information.In March 2023, Han sold this information through platforms such as QQ, WeChat, and Telegram, and collaborated with courier Wu to obtain express delivery transaction information, pricing each piece at 1.5 yuan in USDT. He made a profit of 770 yuan by exchanging through the Ouyi platform. The court sentenced Han to one year and eight months in prison for infringing on citizens' personal information and imposed a fine of 3,000 yuan. Co-defendant Wu was sentenced to eight months in prison with a one-year and four-month probation and fined 2,000 yuan.

ChainCatcher message, Zhao Changpeng commented on Lady of Crypto's view about "making a lot of money by buying at lows and selling at highs during a bull market," stating that his own experience was buying Bitcoin at the beginning of a long bear market (2014), but due to not having extra fiat to buy at lows and the prolonged bear market, there were no profits to be made. However, he ultimately succeeded and mentioned that he does not recommend this method. Zhao Changpeng stated, "In other words, I only made one purchase."

ChainCatcher news, Scam Sniffer has issued a security warning, revealing a new type of composite scam targeting cryptocurrency users. This scam has two main attack paths: system infection and account hijacking. The scammers first disguise themselves as well-known cryptocurrency KOLs, commenting on legitimate posts to lure users into joining so-called "exclusive investment" Telegram groups. Once users join the group, they will immediately receive a verification request from a fake bot named OfficiaISafeguardBot. These verifications are usually set with very short time windows, creating a sense of urgency.On a technical level, the verification process injects malicious PowerShell code into the clipboard without the user's knowledge. Once executed, it will automatically download and run malware that can compromise system security. These malware have been flagged as malicious by VirusTotal and have recently caused multiple incidents of private key theft. Another attack method is to induce users to provide Telegram account-related information, including phone numbers, login verification codes, and two-step verification passwords, thereby gaining complete control over the user's Telegram account.Scam Sniffer offers the following security recommendations:Do not execute commands from unknown sourcesCarefully verify the authenticity of official channelsBe vigilant about any verification requests with time pressureUse hardware wallets to store cryptocurrency assetsAvoid running arbitrary code and installing unknown softwareNever share Telegram verification codes and two-step verification passwords

ChainCatcher news, according to Bitcoin.com, Russian President Putin views cryptocurrency as a potential settlement method for the BRICS investment platform. Putin stated that the construction work for the platform has already begun, and crypto assets may have a place in the settlement tools of the investment platform. The BRICS group is relentlessly pursuing a de-dollarized financial system. At the "Call of Russia" forum hosted by VTB Bank, one of Russia's largest financial institutions, Putin mentioned crypto assets and acknowledged that experts predict global growth will benefit from these assets and their use in related financial infrastructure.It is reported that BRICS consists of major emerging economies, initially including Brazil, Russia, India, China, and South Africa, but will expand in 2024 to include Egypt, Iran, Saudi Arabia, Argentina, Ethiopia, and the United Arab Emirates. Among these three BRICS countries—Argentina, Ethiopia, and the United Arab Emirates—are already utilizing state resources to mine Bitcoin.

ChainCatcher news, cruise operator Virgin Voyages announced the launch of a new "Annual Pass" program starting in 2025, while also declaring it will be the "first cruise product to accept cryptocurrency."The company will accept Bitcoin as a payment method for the new service, with a standard prepayment of $120,000 per cruise, plus taxes and fees. There are currently no indications that the company will consider expanding its cryptocurrency options to stablecoins or other cryptocurrencies.

ChainCatcher news, according to Cointelegraph, MetaMask co-founder Dan Finlay has recently been experimenting with issuing meme coins on Ethereum and Solana to explore issues of user consent and trust in the Web3 ecosystem. He issued tokens named "Consent" and "I Don't Consent" on Ethereum and Solana through the Clanker bot and Pump.fun platform, respectively. The results of the experiment showed that rapid trading activity led to a significant inflation of the token's value, with Finlay's holdings at one point exceeding $100,000.However, the experiment revealed many issues within the meme coin ecosystem. Due to the lack of clear positioning and purpose for the tokens, investors continuously attempted to assign more meaning to them, with some even threatening Finlay or demanding a long-term development plan. Finlay likened this phenomenon to the issue of data usage consent in the AI field, specifically mentioning Bluesky's practice of using public posts for AI training without explicit user consent, calling for the establishment of a more robust trust mechanism and user consent framework in the Web3 ecosystem.Finlay stated that the meme coin ecosystem urgently needs better tools and incentive mechanisms. He suggested creating new systems that allow token issuers to have fine control over their tokens, including restricting trading within specific communities and providing structured sales methods. He emphasized that this is not only a matter of ethics but also about building better products, stating, "Applications should not become toxic asset pools, and communities should not be filled with users issuing personal threats; your shares should not be diluted by anonymous whales."

According to ChainCatcher news, the Shenzhen News Network reported that the People's Court of Qianhai Cooperation Zone in Shenzhen recently made a ruling on a labor dispute case involving virtual currency salary payments. The case originated in June 2021, when the plaintiff, Zhou, joined a company as a senior engineer, claiming that he had agreed with the company on a monthly salary of 45,000 yuan, of which 20,000 yuan would be paid via bank transfer and the remaining 25,000 yuan in the form of USDT. Two months later, the company terminated the labor contract on the grounds of "skills not matching," but did not pay the agreed portion of the salary in virtual currency.The court determined that, according to the "Notice on Further Preventing and Dealing with Risks of Virtual Currency Trading Speculation" issued by the central bank and ten other departments in September 2021, virtual currencies including Bitcoin, Ethereum, and USDT do not have legal tender status. At the same time, Article 50 of the Labor Law and Article 5 of the Interim Provisions on Wage Payment clearly state that wages must be paid in legal currency on a monthly basis and cannot be replaced by other forms.Ultimately, the court only supported the plaintiff's claim regarding the unlawful termination of the labor contract, ordering the company to pay 10,000 yuan in compensation. The case was upheld by the Shenzhen Intermediate People's Court in the second instance.

ChainCatcher news, according to Fortune, the cryptocurrency company Prometheum, which has had close ties with the SEC, is facing new challenges. With Trump elected as president and SEC Chairman Gary Gensler announcing his departure early next year, the company's previous business model based on "crypto assets as securities" may need to be repositioned.Prometheum co-CEO Aaron Kaplan stated that the company will shift its focus to issuing a broader range of securitized assets on the blockchain, including stocks, debt instruments, structured products, and ETFs.However, Matt Walsh, co-founder of Castle Island Ventures, questioned the actual trading volume on the platform and pointed out that the tokenization of traditional assets remains a niche market.

ChainCatcher news, the mETH Protocol launches the COOK Feast event, locking COOK to earn COOK Power, which can participate in the distribution of a prize pool of 200 cmETH. Users can withdraw funds at any time or choose a fixed lock-up period to increase rewards.COOK Feast aims to reward the support of community members, allowing COOK holders to increase their cmETH, encouraging long-term participation in the ecosystem.It is reported that COOK is the governance token of the mETH Protocol, with a total supply of 5 billion tokens and an initial circulating supply of 916 million tokens.According to RootData, the mETH Protocol is a permissionless, non-custodial ETH liquid staking protocol deployed on Ethereum L1 and managed by Mantle. Users stake ETH to earn mETH. Unstaking mETH allows users to receive the underlying principal of staked ETH and accumulated rewards.

ChainCatcher News: The U.S. Department of Justice has announced the seizure of the cybercrime platform Popeyetools and the indictment of its administrators Abdul Ghaffar, Abdul Sami, and Javed Mirza, accusing them of selling stolen financial data and assisting in ransomware and fraud crimes. Since 2016, the platform has profited $1.7 million through methods such as cryptocurrency payments, involving the sale of stolen credit card data and personal identification information. Law enforcement also seized $283,000 worth of cryptocurrency from a wallet controlled by Sami.U.S. prosecutors stated that this operation was made possible through international law enforcement cooperation, successfully dismantling a platform that provided services such as "Live Fullz" and financial data verification tools. If convicted, the defendants face up to 10 years in prison for each charge.

ChainCatcher news, mETH Protocol announced on X that cmETH TVL has surpassed 100,000 tokens, valued at approximately $320 million. cmETH was listed on the exchange Bybit on November 15, currently priced at $3,262.It is reported that cmETH is a 1:1 receipt token for resetting $mETH, allowing users to earn rewards across multiple protocols. cmETH can also be used for mining to earn Powder.

ChainCatcher news, Sberbank CEO Herman Gref stated that the law currently prohibits the use of cryptocurrencies as a means of payment within the Russian Federation, and it is unlikely to be allowed in the near future.Gref clarified at a meeting in Moscow that while new legislation in Russia allows for the use of digital currencies and cryptocurrencies for international payments, their use domestically remains restricted. He also pointed out that if other countries are willing to accept it, the Central Bank Digital Currency (CBDC) of Russia—the digital ruble—can be used for global transactions.As the largest bank and state-owned financial institution in Russia, Sberbank is closely monitoring these developments, although Gref expressed uncertainty about the adoption of the digital ruble abroad.

ChainCatcher news, according to monitoring by The Data Nerd, a whale (0x651) exchanged 3,172 mETH (8.35 million USD) for 2,172 cmETH the day after the mETH Protocol launched cmETH. Three days later, it staked 2,000 cmETH (5.22 million USD) on the cmETH staking platform TreeHouse, from which it can earn EigenLayer, Symbotic and Karak points, Veda points, 20X Powder, and future AVS rewards.