ChainCatcher news, according to Aggr News, the South Korean National Assembly has approved the postponement of cryptocurrency tax collection.

ChainCatcher message states that according to South Korea's "Virtual Asset User Protection Act," exchanges must notify users in advance of the reasons for blocking deposits and withdrawals. However, the Financial Supervisory Service's latest "Non-Action Opinion" indicates that in emergencies such as hacking attacks, money laundering, or fraud, exchanges may delay notification and prioritize implementing deposit and withdrawal restrictions.At the same time, the regulation adds strict conditions: a comprehensive assessment must be made to determine whether the reasons for the restrictions are foreseeable and the necessity of delaying notification. For special requests made by administrative or investigative agencies, the Financial Supervisory Service also emphasizes that, without justifiable reasons, the principle of prior notification must still be upheld to protect investors' rights from being infringed.

ChainCatcher News, the U.S. Second Circuit Court of Appeals issued a notice of default to Ripple's legal team earlier today, citing that Ripple missed the deadline for submitting the confirmation and notice of appearance related to the SEC lawsuit, which is due on October 18, 2024.The court has granted Ripple a 14-day extension, allowing the team to submit the required documents by November 1, 2024. If Ripple's lawyers fail to complete the submission by this new deadline, they may be prohibited from presenting their arguments at the upcoming appeal hearing without special permission from the court.

ChainCatcher news, Bitcoin Ordinals EVM expansion protocol Veda announced on social media that the launch of the protocol will be indefinitely postponed due to force majeure, and Veda-core and Veda-bvm will be open-sourced.It is reported that two hours before the announcement of the postponement, Veda had declared that the protocol was about to launch, and had already formulated its tokenomics and token standards, and was indexing for its Ordinals services. Subsequently, the personal details of the project's founder were made public within the community.According to official information, its official social media account was established in October this year, with the first content published in early November. Veda aims to address the lack of Layer 1 smart contracts in Bitcoin without changing the core consensus of Bitcoin, introducing an off-chain index to verify Veda data on Ordinals and providing state queries for contracts.

ChainCatcher news, Animoca Brands' NFT series Mocaverse announced that due to OpenSea's recent adjustment of its royalty policy, the current policy will not allow for the full execution and realization of Mocaverse's on-chain royalties. Therefore, Mocaverse will postpone the public minting date.In addition, the team is redesigning, re-evaluating, and testing a new contract to enforce creator royalties on top of the NFT licensing structure, and a new minting date will be announced soon. (Source link)