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DWF Ventures: TRUMP drives explosive growth in the Solana ecosystem, accelerating the rotation of hotspots in the crypto market

ChainCatcher news, DWF Ventures stated on platform X that the market capitalization of the TRUMP token soared over $70 billion within less than 48 hours of its launch, driving significant capital inflow into the Solana ecosystem and a surge in the number of active addresses on-chain, which also led to an exponential increase in demand for platforms like DEX on the Solana chain. It is certain that under the leadership of the Trump administration, the favorable factors for the development of cryptocurrency outweigh the negative ones. Many will ask, what will be the next direction of the market? Will attention shift back to AI? Or will it turn towards DeFi and SocialFi?Cryptocurrency is essentially a social movement driven by emotions and collective beliefs towards a certain goal. The success of TRUMP showcases the power of collective strength, and we will see more such phenomena in the future as communities promote their own narratives. The flow of this "hot money" will continuously revolve around different narratives, and the speed of this rotation is faster than ever before. Amidst the noise, a few projects will stand out and maintain relevance across multiple cycles, which is where the greatest returns come from. In the coming months, we may see more volatility rather than a one-sided rise. However, the future of cryptocurrency remains very positive.

The mixers Blender and Sinbad, along with three operators, have been accused of money laundering and operating remittance services without a license

According to ChainCatcher news reported by The Block, a federal grand jury in the Northern District of Georgia has indicted three Russian citizens for crimes related to operating two cryptocurrency mixers. According to a statement released by the U.S. Department of Justice, the defendants Roman Vitalyevich Ostapenko, Alexander Evgenievich Oleynik, and Anton Vyachlavovich Tarasov are accused of running two mixing companies named Blender.io and Sinbad.io. They are charged with conspiracy to launder money and operating an unlicensed money transmitting business.In May 2022, the U.S. discovered that North Korean hackers used Blender to launder $20.5 million from the $600 million Axie Infinity hack, leading to sanctions against Blender. Blockchain analytics firm Elliptic pointed out in 2023 that Sinbad is likely a rebranded version of Blender, operated by the same organization. Blender maintained a "no-logs policy" and deleted user transaction details.The company operated from 2018 until 2022, with its successor Sinbad emerging a few months after Blender's shutdown. On November 27, 2023, law enforcement took action to shut down Sinbad. If convicted, the defendants could face up to 20 years in prison for money laundering and up to 5 years for operating an unlicensed money transmitting business. Ostapenko and Oleynik were arrested on December 1, 2024. Tarasov remains at large.

Members from Coinbase, Google, and a16z have joined forces to launch the DAO organization Aiccelerate, aimed at accelerating the fusion of crypto and AI

ChainCatcher news, according to Cryptoslate, members of teams from Coinbase, Google, ai16z, and other major players have joined forces to launch Aiccelerate, a new decentralized autonomous organization (DAO) aimed at accelerating the integration of cryptocurrency and artificial intelligence (AI).The announcement on January 9 revealed that the DAO will focus on promoting decentralized, open-source AI development and supporting high-potential projects across different ecosystems. Additionally, Aiccelerate positions itself as a DAO that balances investment and development. Its primary mission is to drive innovation in what it calls the "agent AI" space. The DAO aims to establish a collaborative community composed of top developers from various frameworks. These experts will contribute to a range of agents and tools designed to advance the organization's goals.Furthermore, Aiccelerate will unify its initiatives through a token called AICC. The DAO will use a portion of its profits to buy back its native tokens. The list of development advisors includes ai16z founder Shaw, core contributor of Virtuals Protocol EtherMage, developer relations lead at EigenLayer Nader Dabit, and co-founder of Story Protocol Jason Zhao. In terms of investments, Aiccelerate's advisors include Andrew Kang and Marc Weinstein from Mechanism Capital, Justin Lee from Coinbase Ventures, and Anil Lulla from Delphi Digital.
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