According to ChainCatcher news, on the website of the Central Commission for Discipline Inspection and National Supervisory Commission, Yao Qian, former director of the Science and Technology Supervision Bureau of the China Securities Regulatory Commission and former director of the Information Center, has been expelled from the Party and public office due to serious violations of discipline and law. Investigations show that Yao Qian used regulatory power to seek benefits for specific technology service providers, involving money-for-power transactions related to virtual currencies, and illegally accepted huge amounts of property.In addition, he also violated the spirit of the Central Eight Provisions by improperly accepting valuable items, accepting banquets, and engaging in irregular operations in employee recruitment and investment shares. After research and decision by the Party Committee of the China Securities Regulatory Commission and relevant disciplinary inspection and supervision departments, Yao Qian has been subjected to serious penalties, and issues involving suspected criminal activities have been transferred to the procuratorial organs for legal review and prosecution.Previous report indicated that Yao Qian was suspected of serious violations of discipline and law, and had previously undergone disciplinary review by the disciplinary inspection team stationed at the China Securities Regulatory Commission and supervisory investigation by the Shantou Municipal Supervisory Committee in Guangdong Province.It is reported that Yao Qian was the first director of the Digital Currency Research Department of the People's Bank of China (CBDC) and was named one of the most influential figures in the blockchain field by Coindesk in 2017. He has published multiple research articles on blockchain technology, digital currency, and Web 3.0, and co-authored the book "Web 3.0: Changes and Challenges of the Next Generation Internet."

ChainCatcher news, the Hong Kong Legislative Council's Web3 and Virtual Assets Development Subcommittee held a meeting on November 19 to discuss the promotion of blockchain technology applications and Web3 development. Business sector member Yan Gang suggested combining the virtual asset index with the development of local stablecoins, allowing Hong Kong to gain a certain degree of influence in the pricing power of virtual asset trading. He hopes that the SAR government will further plan in this regard.

ChainCatcher news, according to Finance Feeds, Swiss investment company ISP Securities has partnered with cryptocurrency technology provider Taurus to use its digital asset custody solution Taurus-PROTECT. ISP's institutional clients will be able to trade, custody, and stake the digital assets provided by ISP.

ChainCatcher news, Chris Williams announced on X that he is resigning as CEO of OpSec.He stated: "The entire core team will also resign with me. Despite our best efforts, we have encountered some challenges that prevent us from continuing to work in a manner consistent with our values of transparency, accountability, and integrity.This decision was made based on recent findings revealed by ZachXBT, as well as our self-assessment of OpSec's operations. These findings, combined with the long-term absence of undisclosed founders and separate control over the company's finances, severely limited our ability to effectively lead and execute our vision. Payment delays, layoffs, and the unclear direction of OpSec's development have placed immense pressure on our team and affected our collective ability to fulfill our commitments to our loyal community."According to RootData, OpSec is an artificial intelligence and decentralized cloud computing platform with features such as decentralized servers, dedicated networks, RDP, GPU, and one-click node setup, aimed at achieving cloud security for DePIN hardware.Previously reported, on-chain detective ZachXBT stated on X: "The SCALE, NTD, TPU, and OPSEC projects are all associated with the same person Zopp0, who uses multiple KOLs to exploit inexperienced traders."

ChainCatcher news, the decentralized energy network Starpower graduated from Alliance's 13th phase this month and launched an airdrop event this Wednesday. As of now, the number of newly registered users has exceeded 200,000, further solidifying its position as the energy DePIN with the largest user base. It is reported that Starpower expects the total number of users to surpass 1 million in 2024, aiming to exceed Tesla's device activation numbers within five years through the DePIN model.According to Web3 asset data platform RootData, Starpower is an open protocol for decentralized energy networks, officially launching its airdrop event this Wednesday, which will continue until the mainnet launch, distributing 30 million tokens as rewards to device purchasing users, NFT activating users, and active community users.

ChainCatcher news, BTC.COM officially announced today the completion of its redesign and upgrade, transforming into an open-source project computing power platform. The new platform continues the community spirit and adopts "Embrace Open Source, Gather Computing Power, Create the Future Together" as its mission, supporting developers and computing power providers to jointly promote the development of a decentralized ecosystem. The new platform will build a bridge for computing power suppliers, enabling efficient management and flexible trading of computing power through the platform's one-click deployment tool; it will provide a free trading environment for computing power demand, allowing on-demand access to computing power at any time, achieving a balance between cost and efficiency.

ChainCatcher news, according to Jinshi reports, on November 6 local time, the campaign team of Republican presidential candidate Trump, who had previously announced victory in the 2024 U.S. presidential election, stated that Trump has accepted the invitation from current President Biden to meet at the White House to discuss the presidential power transition. The specific date of the meeting has not yet been announced, but a spokesperson for Trump's campaign team stated that the meeting "will take place very soon" and noted that Trump "greatly appreciates" the congratulatory call from Biden on the 6th.

ChainCatcher news, KIP Protocol announces a strategic investment in HackQuest. As a decentralized AI infrastructure, KIP will fully leverage HackQuest's developer network, with plans to launch a global hackathon initiative next year, gradually advancing the development of the KIP ecosystem and developer program, supporting the growth of the next generation of DeAI developers.HackQuest, as a leading Web3 developer education platform, hosts over 50 hackathons globally each year, with an active community of more than 50,000 developers and rich experience and expertise. This investment will further enhance KIP Protocol's influence in the promotion and education of decentralized artificial intelligence (DeAI), while providing HackQuest with a robust set of DeAI development components to help emerging DeAI developers get started.

ChainCatcher news, according to CNN, U.S. House Democratic campaign chair Suzan DelBene stated that it may take a week or longer to officially determine control of the House of Representatives, as more voters choose to vote by mail.DelBene warned that the time for mail-in voting could be as long as during the 2022 midterm elections (when it took eight days to officially know which party won control of the House), or even longer.

ChainCatcher news, the decentralized energy network Starpower has graduated from Alliance Phase 13 this month, and will launch an airdrop event this week, distributing 30 million token rewards to PioneerPass NFT holders, StarPlug/Battery activated users, and StarQuest task participants. Among them, registration for the StarQuest tasks will open on November 6 at 12:00.Additionally, according to the Web3 asset data platform RootData, Starpower is an open protocol aimed at decentralized energy networks. Similar to how Uber aggregates vehicles globally, Starpower aggregates energy devices worldwide and responds to grid tasks, smoothing out energy fluctuations caused by AI and photovoltaics. Whether it's energy storage batteries, electric vehicles, air conditioners, etc., they can connect to Starpower through hardware or software to earn $STAR rewards.

ChainCatcher news, the Victoria Police in Australia has seized cryptocurrency for the first time following recent legal amendments, amounting to $142,679. This legal amendment allows the police to control digital assets.On October 31, Victoria Police released its 2023-2024 annual report, highlighting the "new powers" obtained after the addition of "SECT 92A Seizure of Digital Assets by Warrant" in the 1997 Confiscation Act.Since August 1, 2023, this legal change has granted the police in Victoria the authority to seize cryptocurrencies held by criminals through search warrants.

ChainCatcher news, KKR has signed a $50 billion strategic partnership with the American investment firm Energy Capital Partners (ECP). This collaboration will focus on accelerating the development of data centers, power generation, and transmission infrastructure to support the global expansion of artificial intelligence (AI) and cloud computing.Both parties will support large-scale model training, tuning, and inference across different regions, and will collaborate with industry participants such as utilities, power producers, and data center developers to expedite the development of large data center campuses for hyperscale enterprises.KKR will leverage its existing infrastructure, real estate strategies, and insurance accounts to fund the partnership; ECP will provide funding through existing and future infrastructure capital pools.

ChainCatcher news, according to official sources, Xiamen Suan Neng Technology Co., Ltd. (Sophgo) issued a statement denying any direct or indirect business relationship with Huawei. The statement pointed out that the U.S. Department of Commerce's investigation into the relationship between TSMC and Huawei is unrelated to Sophgo and its products, and the company has always strictly complied with relevant regulations, including U.S. export controls.Sophgo has provided TSMC with a detailed investigation report proving that the company is not involved in the Huawei investigation incident. In addition, Sophgo stated that it reserves the right to take legal action against any individuals or entities that damage the company's commercial reputation.Previous news, according to The Information, the U.S. Department of Commerce launched an investigation into TSMC earlier this month to confirm whether it provided chips to Huawei, after which TSMC stopped supplying chips to the AI company Sophgo, which is affiliated with Bitmain.