Selected News:

1. Binance will list Pyth Network (PYTH) and add seed tags for it;

2. Ethereum developers will determine the mainnet launch date for the Dencun upgrade next Thursday.

3. AltLayer: The registration phase has been opened for Celestia stakers who meet the Season 1 airdrop requirements.

4. Dymension airdrop quantity or balance can be checked through the wallet network settings;

5. Solana's on-chain DEX traded a volume of 1.149 billion US dollars yesterday, surpassing Ethereum for two consecutive days.

Price Observation

PYTH short-term breakthrough of $0.59 followed by a 33% increase in 24 hours

According to OKX market data, PYTH briefly broke through $0.59 before falling back and is now trading at $0.5399, with a 24-hour increase of 33%.

SOL breaks $100, up 6.13% in 24 hours

According to OKX market data, SOL has risen above $100 and is currently trading at $100.46, with a 24-hour increase of 6.13%.

NUTS breaks through $0.9, setting a new historical high

According to ave.ai market information, the Deez Nuts token NUTS has broken through $0.9 and is currently priced at $0.9153, with a 20.4% increase in the past hour, setting a new all-time high.

LINK breaks $17.8, with a 16% increase in 24 hours

According to OKX market information, LINK is currently priced at $17.852, with a 24-hour increase of 16.43%.

RSIC inscription floor price rose to 0.0825BTC, hitting a new historical highAccording to Magic Eden data, the RSIC inscription RSIC METAPROTOCOL floor price is now reported at 0.0825 BTC (approximately $3557), reaching a new historical high, with a cumulative turnover of 335.224 BTC.

It is reported that RSIC is a peer-to-peer runic allocation system based on Bitcoin. Its core is a digital game, and players obtain runes by managing and operating RSIC tokens. These runes will be "engraved" on the Bitcoin network at some point in the future.

Transaction Tracking

PENDLE、GALA、wNXM are among the top inflows in the Smart Money 24-hour list

According to Nansen 2 data, the Smart Money 24-hour fund inflow tracking list on the Ethereum network is as follows:

PENDLE: Approximately $4.25 million, currently priced at $2.823, with a 24-hour increase of 7.51%.

GALA: Approximately 1.17 million US dollars, currently priced at 0.02198 US dollars, with a 24-hour increase of 3.1%.

wNXM: Approximately $280,000, currently priced at $47.95, with a 24-hour increase of 1.5%.

Hashed CEO transferred 455,831 AXS to Binance 40 minutes ago, worth approximately $3.23 million.

According to Spot On Chain, Simon Kim, CEO of Hashed, deposited 455,831 AXS (worth $3.23 million) to Binance at an average price of $7.08, 40 minutes ago.

Since 2021, Simon Kim has acquired 2.283 million AXS from Axie Infinity and transferred 1.17 million AXS to Binance at an average price of $7.54 ($8.81 million).

Alleged PORK issuer address floating profit increased to $55.68 million

Network Name : Dymension

CHAIN ID : 1100

SYMBOL : DYM

RPC : https://froopyland.dymension.xyz/29/gentes1_2_24/evmrpc

Cosmos ecological liquidity staking protocol Stride will airdrop 5 million STRD to early stTIA holders

The Cosmos ecosystem liquidity staking protocol Stride has announced the launch of a new LST asset, stTIA, on the X platform. 5 million STRD (5% of the maximum supply) will be airdropped to early stTIA holders.

These STRD tokens will be distributed daily based on the holding ratio, with a total distribution period of 150 days. During the first 60 days, 3 million STRD tokens will be distributed, with a daily distribution of 50,000 STRD tokens. During the remaining 90 days, 2 million STRD tokens will be distributed, with a daily distribution of 22,200 STRD tokens.

Merlin Chain will launch the largest L2 fair launch, with token airdrop ratio far exceeding 5%

Merlin Chain founder Jeff announced on Twitter today that Merlin Chain will launch the largest L2 fair launch, with a token airdrop ratio far higher than the common 5%.

Jupiter 24-hour trading volume reached $736 million, ranking first ahead of Uniswap V3.

According to CoinGecko data, Jupiter's trading volume in the past 24 hours was approximately 736 million US dollars, surpassing Uniswap V3 (625 million US dollars) and ranking first in DEX.

SagaDAO has successfully recovered all funds stolen last week.

SagaDAO has announced on social media that all funds stolen last week have been successfully recovered. 65,761.03 USDC has been sent back to the Align multi-signature wallet protected by Phase Labs. The funds were returned from the attacker's address.

Zhu Su: Closing OPNX is because FTX will fully pay customer claims in bankruptcy liquidation

According to CoinDesk, Zhu Su, co-founder of Three Arrows Capital, announced that Open Exchange, a cryptocurrency derivatives and claims trading platform, will be shut down due to FTX's full payment of customer claims in bankruptcy liquidation. The OX community will now focus on the derivatives trading platform OX.FUN.

CeFi Information

LBank will launch PORK U perpetual contract today

PORK U perpetual contract will be launched on LBank at 18:00 on February 2nd, with a maximum leverage of 50 times.

It is reported that PORK was created by KOL @Pauly0x, who had previously created MEME coins, by forking the PEPE project. All holding addresses except for the PEPE project team can receive the airdrop.

OKX will delist the WAVES spot trading pair on February 8th.

According to an official announcement, OKX will officially delist the WAVES/USDC and WAVES/USDT trading pairs from 4:00 to 4:30 PM (UTC+8) on February 8, 2024.

OKX has suspended WAVES deposit operations as of 4:00 PM (UTC+8) on February 1, 2024, and will not reopen them in the future.

LBank has launched the GME U perpetual contract today.

GME U perpetual contract was launched on LBank on February 2nd at 16:00, with a maximum leverage of 50x.

GME is a Solana meme coin, marking the anniversary of the GameStop event and representing the fact that crypto players still commemorate this epic stock market trading legend.

Binance will list Pyth Network (PYTH) and add seed tags to it

According to the official announcement, Binance will temporarily suspend the trading of Pyth Network (PYTH) starting from 20:00 on February 2, 2024 (GMT+8), and the following spot trading pairs will be available:

· Spot trading pairs: PYTH/BTC, PYTH/USDT, PYTH/FDUSD, PYTH/TRY;

· PYTH recharge channel is now open;

· PYTH withdrawal is expected to open at 20:00 on February 03, 2024 (GMT+8).

Bithumb will charge a 0.04% fee on all supported cryptocurrencies starting from February 5th.

Bithumb announced that it will start charging a 0.04% transaction fee for all supported cryptocurrencies from 12:00 AM local time on the 5th of this month.

It is reported that the new applicable fee is lower than the fee charged by Bithumb before the start of the fee-free activity (0.25%), making it the lowest among domestic cryptocurrency trading platforms in South Korea. (Decenter)

Binance will launch ZETA 1-50x U perpetual contract

The gamified social platform SoulLand announced the completion of its financing, with participation from Foresight Ventures and others.

According to reports, SoulLand is a gamified social subscription platform with over 500,000 registered users worldwide and over 35,000 daily active users.

Regulatory News

The US Department of Justice announced that Aliaksandr Klimenka, the mastermind behind the now-defunct BTC-e trading platform, has been arrested in Latvia. He is accused of being involved in money laundering related to criminal activities between 2011 and 2017, with a total amount of over $4 billion. (CoinDesk)

Hong Kong financial services company VSFG plans to submit an Ethereum spot ETF application in Q2 in Hong Kong.

According to The Block, Venture Smart Financial Holdings Ltd. (VSFG), a Hong Kong-based financial services company, has stated that if it successfully launches a Bitcoin ETF in the first quarter, it plans to submit an Ethereum ETF application in the second quarter in Hong Kong.

Paradigm submitted a court brief in support of prediction market platform Kalshi's lawsuit against CFTC

According to a report by CoinDesk, venture capital firm Paradigm has submitted a legal brief in support of prediction market platform Kalshi's lawsuit against the Commodity Futures Trading Commission (CFTC).

In the lawsuit last November, Kalshi asked the court to overturn the CFTC's decision to reject Kalshi's congressional election betting plan. The CFTC's conclusion was that Kalshi was engaged in illegal gambling activities, which "violated the public interest".

Paradigm is not an investor in Kalshi, but in a court friend brief submitted on Thursday, Paradigm stated that such contracts can help companies, including cryptocurrency startups, hedge risks while generating positive spillover effects for the public.

Spanish fintech company MONEI has launched a pilot of the Euro stablecoin EURM under the supervision of the Bank of Spain.

According to a report by Cointelegraph, Spanish fintech company MONEI has begun piloting the Euro stablecoin EURM under the supervision of the Bank of Spain. According to an announcement posted on MONEI's website on January 29th, the regulatory sandbox pilot was launched in January and is being overseen by the Bank of Spain.

Hong Kong Treasury Bureau's Norman Chan: All virtual asset service providers in Hong Kong must submit license applications by the end of the month

The Secretary for Financial Services and the Treasury of Hong Kong, Christopher Hui, stated that the one-year transition period for the implementation of the virtual asset service provider (VASP) licensing regime in Hong Kong is coming to an end. All Hong Kong VASPs must submit their license applications on or before February 29, 2020. Those who fail to submit their applications by the deadline or receive a "non-licensing notice" from the Securities and Futures Commission must cease their operations in Hong Kong. (Jinse)

Celsius: Claims denominated in US dollars will be issued and mailed to some Celsius creditors

Ionic Digital Community (formerly Celsius) disclosed on social media that the distribution of Celsius claims, denominated in US dollars, will be made by issuing and mailing checks to certain Celsius creditors.

If the creditor belongs to this category, they should have already received the relevant email.

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