ChainCatcher news, according to Bitcoin.com, Notional Labs CEO Jacob Gadikian recently stated that the Terra crash and UST de-pegging were not triggered by founder Do Kwon, but rather stemmed from an anonymous attack.Gadikian stated that the attackers compromised the Terra blockchain, attempting to disrupt UST's $1 peg and profiting through arbitrage. Gadikian also pointed out that during the attack, hundreds of millions of validators were manipulated.Other investigators also agree with Gadikian's viewpoint, noting that during the de-pegging, the chain's transaction volume increased sixfold, thanks to bots. The attack was orchestrated by several addresses, conducting over 70,000 transactions, all of which failed. This led to network congestion, as validators could only keep 5,000 transactions in their memory pool.Although Do Kwon has been extradited to the U.S. for fraud, Gadikian believes that the mastermind behind the attack has yet to be revealed.

ChainCatcher news, according to Coingape, Ripple CEO Brad Garlinghouse announced that with the rise in XRP prices and the growing demand for Ripple's blockchain solutions, the company's previous valuation of $11 billion is now "seriously outdated." In an interview, he mentioned that the value of XRP held by Ripple has exceeded $100 billion, becoming a key factor in reshaping the company's valuation outlook. The last valuation of Ripple at $11 billion was in early 2024, when the company repurchased $300 million worth of stock.Garlinghouse pointed out that compared to cryptocurrency-related companies like MicroStrategy, Ripple's trading price in the private market is far below its net asset value. He stated, "The value of XRP we hold has exceeded $100 billion, while MicroStrategy's trading price is three times its net asset value, yet Ripple has been consistently undervalued." In the interview, Garlinghouse reiterated the company's focus on the B2B sector, including banks, payment providers, and enterprises, where Ripple offers solutions such as custody and cross-border payments. Garlinghouse also emphasized that its stablecoin RLUSD will utilize XRP rather than replace it, thereby enhancing its liquidity and opening up more possibilities for leveraging Ripple's decentralized exchange (DEX) and automated market maker (AMM) functionalities.Ripple's growth has also benefited from changes in the legal environment. Garlinghouse believes that the departure of SEC Chairman Gary Gensler and the new clarity in government regulation have brought a "turning point" for Ripple. He stated, "The winds have changed; although 95% of our clients are outside the U.S., I expect interest from the U.S. side to return in the coming months."

ChainCatcher news, according to investors, U.S. investment bank HC Wainwright stated this week that the total market value of Bitcoin mining companies is expected to exceed $10 billion.It is reported that the investment bank lists MARA, RIOT, and CLSK as "pure mining companies," and CORZ, BTDR, WULF, Hut 8, IREN, BTBT, and HIVE as "mixed mining companies."

ChainCatcher message, Glassnode co-founder Negentropic posted on social media interpreting the Swissblock Bitcoin Fundamental Index (BFI) stating, "Current Bitcoin liquidity continues to weaken, but network growth remains stable. The period from December 2020 to February 2021 is similar to the current cycle phase and price trend.During that time, liquidity outflows were accompanied by price adjustments, but network growth continued. Similarly, when prices stabilized and new liquidity began to flow in, prices rebounded strongly. This indicates that once liquidity flows back into the market, we may see prices rise, and as long as network growth remains at bullish levels, prices will not drop to lower levels."

ChainCatcher news, according to hypurrscan data, the Token Ticker named "ANZ" was sold at auction on the Hyperliquid platform for approximately $300,000, lower than the last transaction price of "ETHC" at $384,000.Currently, the record holder for Token Ticker transactions is "GOD," with a transaction price of $975,700.

ChainCatcher message, the cryptocurrency market research agency Santiment posted on the X platform that the cryptocurrency market further retraced this week, triggering panic among retail investors. Especially Bitcoin and Ethereum, which faced a large amount of panic selling from new traders who entered the market in the past 2-3 months.These new traders have not previously experienced medium-sized corrections, and they feel panic in an unfamiliar foreign market environment. Historically, when retail investors start selling due to panic and emotions, whales and sharks usually seize the opportunity to buy more coins with less resistance, leading to a price rebound. This rebound may not happen immediately, but market conditions are moving in the right direction.

ChainCatcher news, according to Greeks.live analyst Adam, recently BTC retraced after failing to break through $110,000, clearing some leveraged long positions, while the adjustment of altcoins has lasted for nearly a month. Based on past bull market experiences, a significant retracement in Bitcoin could trigger an "altcoin season," but the current intensity of the retracement is still unclear.As Christmas and year-end settlements approach, ETF funds are clearly flowing out, and market makers are continuously adjusting their positions. Recently, the daily trading volume of large call options has accounted for over 30%. After more than 40% of options expire at the end of the year, the large amount of margin released is expected to drive implied volatility down, and the cost-effectiveness of buying options may significantly improve in the coming week.

ChainCatcher news, self-proclaimed Satoshi Nakamoto, Australian scientist Craig Wright has been found in contempt of court and sentenced to 12 months in prison, with a two-year probation. It is reported that he appeared in court via video link, refused to disclose his exact location, but stated that he would appeal.Previous news, COPA accused Craig Wright of contempt of court, seeking a two-year prison sentence.

ChainCatcher news, Bitcoin Magazine disclosed on the X platform that the Human Rights Foundation donated 7 BTC, approximately $706,000, to 20 Bitcoin developers and projects. These projects are mainly focused in Latin America, Asia, and Africa, covering areas such as technical education under authoritarian regimes, independent media operations, decentralized mining, and providing more private financial solutions for human rights organizations.The funded projects include: the Stratum V2 reference implementation (SRI) developed by bit-aloo, the open-source mining pool Public Pool for low-power devices, Africa's first female Bitcoin Core developer Naiyoma, Bitcoin Core contributor Daniela Brozzoni, Bitcoin Core mobile UI/UX design, and the Kenyan payment application Tando, among others. HRF stated that these funds will be used to support project development, operational costs, and community building to promote the adoption and development of Bitcoin globally.

ChainCatcher news, according to CoinDesk, the Crypto Open Patent Alliance (COPA) has filed a lawsuit against Craig Wright for alleged contempt of court, seeking a maximum of two years in prison. COPA proposed in court documents an initial 18-month prison sentence for Wright, with an additional 6 months if he does not promptly cease his contemptuous litigation behavior.In March of this year, High Court Judge James Mellor formally ruled that Wright is not the Bitcoin founder Satoshi Nakamoto and issued an injunction preventing him from bringing lawsuits on this matter in the UK and other jurisdictions. Mellor warned at the time, "Once the dust settles, Wright is likely to ramp up his public promotion efforts again." However, in October of this year, Wright still filed a lawsuit regarding intellectual property related to the Bitcoin system, claiming damages of up to £900 million (approximately $1.1 billion).

ChainCatcher news, Nasdaq-listed company Nature's Miracle Holding Inc. (NMHI) announced the acquisition of 90% fully diluted shares of Bitcoin mining company J&Y Marigold Ltd. for a total purchase price of $5.32 million. The latter is currently constructing a 14-megawatt Bitcoin mining facility, expected to be operational in the first half of 2025. The first phase of the transaction (9MW) is expected to be completed in the first quarter of 2025, while the second phase (5MW) is expected to be completed in the second quarter of 2025.

ChainCatcher news, the brand ownership dispute of the cryptocurrency data platform FeiXiaoHao continues to escalate. The original FeiXiaoHao team issued a statement on December 13, claiming that the buyer obtained part of the source code and data after paying the first installment, and then publicly tore up the contract and refused to pay the final payment. The buyer, without paying the final installment, requested an overall brand transfer, which was rejected, and was accused of publicly reselling the source code and data, causing significant losses to the original team. The original team has canceled the brand sale plan and stated that they will continue operations.In response to the above accusations, the buyer published a lengthy article refuting the claims, stating that they have legally registered an overseas company and trademark, and pointed out multiple breaches of contract by the original team: incomplete source code delivery leading to inability to deploy normally, and the same source code being sold to multiple buyers. The buyer stated that after taking over Feixiaohao.com.cn, they invested hundreds of thousands of dollars and spent four months repairing the system before it was back online.Additionally, the buyer revealed several future development plans, including improving the Meme token leaderboard, advancing global layout, adding KOL columns, and VC inclusion among other functional modules. The buyer has now initiated legal proceedings and will maintain their rights through the public disclosure of acquisition details and related evidence.

ChainCatcher news, according to TechCrunch, OpenAI's new video generation AI model Sora has been found to allegedly use game content from titles such as Super Mario and Call of Duty, as well as Twitch streamer likenesses for training. Legal experts warn that this could involve multiple copyright disputes.Experts point out that game videos typically contain multiple layers of copyright, including the copyrights of game developers, unique content generated by players, and user-created maps. Unauthorized use of such content to train AI models may be considered infringement, and even if AI companies claim fair use, users who publish or use the generated copyrighted content may still face legal risks.Additionally, the output content involving trademark or right of publicity issues may also increase legal challenges.