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Recently, a first-instance verdict was announced in a case of concealing and hiding criminal proceeds, which was prosecuted by the People's Procuratorate of Yuetang District, Xiangtan City, Hunan Province, China. A new type of money laundering chain, disguised as a Maotai liquor transaction and using virtual currency as a channel, was completely dismantled, involving an amount of over 6.84 million yuan, with all 8 defendants sentenced. The gang had clear divisions of labor and strong concealment.Chen connected with upstream sources through overseas encrypted communication software, received telecom fraud proceeds, and contacted "U merchants" to complete the exchange and circulation of virtual currency; Xie was responsible for providing tools for the crime and keeping track of financial details; Huang used Maotai liquor trading as a cover to disguise the trajectory of the transfer of criminal proceeds with real transaction shells; the remaining members assisted with fund settlement and information transmission. The gang used fake Maotai liquor transactions as the "cleaning" stage, disguising overseas fraud proceeds as legitimate business income, converting them into virtual currency to return to upstream, and taking an illegal commission of 8% for each "cleaning."In December 2023, with a report from a victim, this black and gray industrial chain hidden under the guise of liquor trading surfaced. After the incident, the People's Procuratorate of Yuetang District intervened in the investigation early, guiding the public security organs to sort through nearly 20 million yuan in fund flows and massive electronic data, achieving a full-chain crackdown and comprehensive evidence collection. The court ultimately sentenced Xie and 7 other principal and accomplice offenders to fixed-term imprisonment ranging from 2 to 6 years for the crime of concealing and hiding criminal proceeds; the relatively minor offender Liang was sentenced to 1 year in prison with 1 year of probation.

According to the Shanghai Securities Journal, there are rumors in the market today that "Kweichow Moutai confirms participation in SpaceX's Series A financing." In response, a reporter from the Shanghai Securities Journal sought verification from Kweichow Moutai. The Moutai side responded that the news is "false information."As of the close on January 29, Kweichow Moutai's stock price was 1437.72 yuan/share, an increase of 8.61%, with a total market value exceeding 1.8 trillion yuan.

According to the official announcement, Gate Web3 has launched the "Warm Heart Cash Prize" challenge for returning old friends. This event does not require registration; the system automatically identifies old users who have not traded in the past 30 days. Users can share a total of 10,000 USDT universal benefits by completing interactions on the BNB chain, and those who strive for the top of the trading leaderboard can unlock the "Flying Moutai + 200 USDT" tiered grand prize.Gate Swap is an AMM DEX deployed on the Gate Layer ecosystem, focusing on providing deep liquidity support and an efficient trading experience for the Gate Layer ecosystem. Through optimized trading mechanisms and intelligent liquidity management, it helps users achieve seamless and cost-effective asset exchanges.

As the Ugandan government cut off nationwide internet access during the presidential elections, the encrypted communication app Bitchat became one of the most downloaded apps locally. The Uganda Communications Commission confirmed that the internet shutdown took effect at 6 PM local time on Tuesday and will continue throughout the election period.Reports indicate that Bitchat relies on Bluetooth Mesh networks to enable encrypted communication without the internet, and it has simultaneously topped the download charts on both the Apple App Store and Google Play in Uganda. Meanwhile, several VPN apps also ranked high in downloads, indicating a significant increase in local demand for information access ahead of the elections.The Ugandan government stated that the internet shutdown aims to prevent the spread of false information during the elections, but opponents argue that this move could restrict the flow of election-related information. The executive director of the Uganda Communications Commission had previously stated that there would be no internet shutdown, but ultimately, the measures were implemented. As of early January, it has been disclosed that over 400,000 users in Uganda have downloaded Bitchat.This marks the third consecutive time Uganda has implemented a nationwide internet shutdown during presidential elections. Similar actions occurred during the elections in 2016 and 2021. Reports also mention that Bitchat has been widely used in various countries under conditions of internet restrictions or sudden disasters in recent years, gradually becoming an alternative communication tool in offline environments.

Guizhou Moutai has disclosed that it is further expanding into other businesses. According to information from Aiqicha, Guizhou Moutai has recently established Aimaotai Digital Technology Co., Ltd., with a registered capital of 600 million yuan. The business scope includes software and services related to blockchain technology, industrial internet data services, internet live streaming technology services, etc. This company is wholly owned by Guizhou Moutai.

The Ethereum L2 network Starknet released an analysis report on the short-term mainnet outage that occurred this Monday, stating that the cause of the incident was the inconsistency between the execution layer (blockifier) and the proof layer: under specific cross-function calls and rollback combinations, the execution layer incorrectly recorded a state write that had been rolled back, leading to abnormal transaction execution. The related transactions did not receive L1 finality confirmation. This incident triggered a block reorganization, with approximately 18 minutes of on-chain activity being rolled back.This is the second major interruption since 2025, following a September incident where a sequencer vulnerability caused an outage of over 5 hours and rolled back about 1 hour of on-chain activity.

According to official news, Gate will officially launch the limited-time YuBiBao USDT financial management event from January 6, 16:00 to January 20, 16:00 (UTC+8). During the event, users who complete registration can receive a 2% annualized USDT interest coupon. New users who purchase the 3-day fixed-term USDT financial management can enjoy a 100% annualized return. In addition, the event will also launch a 30-day fixed-term USDT financial management product with an annualized return of 2.5%. Users who complete specified tasks during the event can unlock additional rewards step by step, with the highest reward being a whole box of Feitian Moutai. Spots are limited and available on a first-come, first-served basis.

CyrusOne confirmed that its data center in Aurora, Illinois, experienced a market outage operated by the CME Group for over 10 hours due to human error.On-site staff and contractors failed to drain the cooling towers according to standard procedures before the arrival of low temperatures, ultimately leading to an overload of the cooling system and a rise in temperature. CyrusOne is jointly owned by KKR & Co. and Global Infrastructure Partners, and this incident has raised concerns about the reliability of financial market infrastructure. Previously, on November 28, trading in commodity futures at the CME Group was suspended.

Due to a Cloudflare service outage, both OpenSea and Upbit websites are experiencing downtime, showing a "500 Internal Server Error" message.

According to an analysis report published by Cloudflare's official blog, the large-scale outage on November 18 was not caused by an external network attack, but rather by an erroneous configuration file generated after a database permission adjustment, which led to anomalies in the core proxy system. This triggered interruptions in multiple products, including CDN, security services, Workers KV, Turnstile, and Access, marking the most severe incident since 2019.The report noted that in the early stages of the incident, the team mistakenly assessed it as a DDoS attack, and ultimately completed the fix by rolling back to an old configuration file. The related services were fully restored at 01:06 AM Beijing time on November 19. Cloudflare described this outage as "unacceptable" and will accelerate the improvement of system resilience.

ChainCatcher news, Binance posted on social media that there seems to be a contract outage at Binance, and it is unable to update data in real time.

ChainCatcher news, according to Guangming.com, Ningbo has cracked a remote ordering "flash delivery Maotai" fraud case involving virtual currency. The defendant targeted liquor stores for fraud, using fake receipts to deceive them into handing over real Maotai and transferring the proceeds in the form of virtual currency to upstream accomplices. The Ningbo Yinzhou District Prosecutor's Office has filed a public prosecution, and the defendant Zhou has been sentenced to one year and six months in prison for concealing and disguising criminal proceeds, along with a fine. The police are currently conducting further investigations into the upstream fraudsters.

ChainCatcher news, according to The Block, Hyperliquid experienced approximately 20 minutes of trading execution failure on July 29, causing its native token HYPE to drop by 3.75% to $43. The platform officially confirmed on Discord that services have been restored, and the cause of the failure is still under investigation.During the outage, the trading application BasedApp, built on Hyperliquid, was also affected. Hyperliquid is a perpetual contract exchange based on its self-developed HyperEVM chain, known for its low fees and high performance.

ChainCatcher news, Bitget launches a limited-time Pizza Festival event, open to both new and existing users. During the event, trading 1 USDT contract will earn one lottery chance, and completing different levels of trading tasks can unlock more lottery entries. Users who upgrade to VIP for the first time will receive an additional lottery qualification.This prize pool includes USDT, JD E-cards, Dyson hair dryers, and a full box of Flying Moutai, among other physical and virtual rewards, with a 100% winning rate. Each additional lottery entry will increase the probability of winning.

ChainCatcher news, according to official information, Binance has stated that it is aware that most areas in Spain are currently experiencing temporary power outages. Although the Binance platform is not affected, some users may encounter difficulties accessing online services due to local infrastructure issues.Binance advises affected users to carefully check all open positions as soon as possible and manage related risks in a timely manner.

ChainCatcher message, Binance officially stated on platform X that due to a temporary network interruption at the AWS data center, certain services on the platform have been affected. To ensure safety, Binance has suspended withdrawal services. The team is working closely with AWS to resolve this issue as soon as possible. Further updates will be shared promptly.

ChainCatcher news, according to Jinshi reports, on Monday, Elon Musk's social media platform "X" received reports of outages from thousands of users in the United States and the United Kingdom.According to the outage tracking website Downdetector.com, during the first outage, over 21,000 people in the U.S. reported issues with the platform, while 10,800 people in the U.K. reported problems. The platform seemed to return to normal around 2:30 AM Pacific Time. Overall, X was down for about 45 minutes. However, later that day, X experienced another outage. According to Downdetector.com, at 6:45 AM Pacific Time, there were over 8,000 reported incidents of issues on the site. Like the previous outage, it resumed service after about 45 minutes.The cause of the interruption is currently unclear, and X has not yet responded.

ChainCatcher news, OpenAI has confirmed that its artificial intelligence chatbot ChatGPT is currently experiencing a global outage, preventing users from accessing it. This issue also affects the integration with iOS 18.2 and Siri. According to OpenAI, the company has identified the cause of the outage and is actively working on a fix. While their goal is to restore ChatGPT's functionality as soon as possible, no specific timeline for recovery has been provided. (Jinshi)Previous news, OpenAI stated that ChatGPT is currently experiencing an interruption. The issue has been identified, and efforts are underway to roll out a fix.

ChainCatcher message, Sui officials posted on the X platform stating, "Between 1:15 and 3:45 PM Pacific Time on November 21, 2024, the Sui mainnet experienced downtime. All validators fell into a crash loop, preventing any transactions from being processed. The Sui network suffered its first network failure due to a bug in the congestion control code. This bug originated from a recent upgrade to the congestion control code, aimed at better utilizing shared objects. Sui contributors quickly deployed a fix and restored normal network activity within 2.5 hours."