Delphi Digital

A big piece of good news for OpenSea is that the SEC decided not to continue investigating right away when the platform announced its token launch after years of operation.

The US Securities and Exchange Commission (SEC) has ended its investigation into OpenSea. This decision was made shortly after OpenSea launched the beta version of OS2 and announced plans to airdrop the SEA token, in which American users can also participate.
The move suggests that the SEC may be adjusting its approach to crypto, especially since the agency has also recently withdrawn its lawsuit against Coinbase.

Previously, in August 2024, the SEC sent a Wells notice to OpenSea, warning that the platform could be considered an unregistered securities exchange. However, it seems that the new administration in the US is changing its stance on the crypto industry, which is different from the time under Gary Gensler, who had a strategy of tightening control over the industry.
Currently, Interim Chairman Mark T. Uyeda has tasked Hester Peirce, an SEC commissioner with a pro-crypto stance, to create a crypto task force to build a new set of guidelines for the industry.
According to the report, Peirce has been proactive in working with companies that have been investigated by the SEC, while also considering issues such as ETF staking approvals. Previously, during the Gensler era, the SEC sent Wells notices to a series of centralized and decentralized platforms such as Robinhood and Uniswap, causing many projects to stall.

Similar to many other SEC policies, crypto airdrops have been placed in the legal gray area because there is no clear definition of legality. In September 2024, Patrick McHenry, Chairman of the US House Financial Services Committee, along with Tom Emmer, sent a letter asking the SEC to clarify the regulation of airdrops, arguing that this lack of transparency has been detrimental to US investors, who are regularly excluded from token distributions.
In its latest announcement, the SEC confirmed that it does not intend to take any legal action against OpenSea, despite the platform's previous alleged listing of unregistered securities as NFTs. At that time, Devin Finzer, CEO of OpenSea, voiced his fierce opposition, saying that this was a blow to the artist and creator community and declared his readiness to confront the SEC if necessary.
This is not the first time the SEC has withdrawn an investigation. Previously, last year, the agency also closed its investigation into Paxos' BUSD stablecoin, and abandoned plans to investigate Ethereum 2.0, a term previously used to refer to Ethereum's transition to a proof-of-stake mechanism.

These moves coincide with OpenSea, the leading NFT trading platform, introducing a beta version of a new platform called OS2. In addition, OpenSea has revealed plans to issue a native token called SEA. This token aims to reward loyal users and promote the growth of the OpenSea ecosystem.
According to information from the OpenSea Foundation, SEA tokens will be distributed through an airdrop program, in which American users are also eligible to participate.
#NewsAboutCrypto

MakerDAO changed the rules for borrowing USDS overnight. Who is behind this hasty decision? Is there an interest group trying to seize power at this leading DeFi protocol?

Social network X is making waves in the news of an unusual emergency governance vote at MakerDAO, the leading decentralized finance (DeFi) protocol.
This incident raises many questions about the transparency and fairness of MakerDAO's governance system, and raises big questions about the future of decentralized governance.

It all started with an urgent proposal that suddenly appeared on the MakerDAO forum on February 18, 2025. This proposal was passed in record speed, in just a short time.
The main content of the proposal is to significantly increase the amount of USDS (MakerDAO's stablecoin) that can be borrowed using MKR (MakerDAO's governance token) as collateral, while lowering the collateral requirement from 200% to 125%.
The reason given for this emergency proposal was "to protect against a potential administrative attack". However, it is worth mentioning that no actual attacks have been identified or announced. In addition, the proposal bypasses MakerDAO's standard governance processes, which require thorough discussion and voting time.

Another notable point is that several community members of MakerDAO (@ImperiumPaper) were banned from the forum and other communication channels of the protocol in the middle of the vote. This raises doubts about whether there is an attempt to "silence" dissent.
Many people question the authenticity of the reason for "protection from administrative attacks". It is unclear what kind of attack will be solved by increasing the amount of borrowing and reducing the mortgage requirements for MKR. Moreover, banning critics further raises doubts about the real motive behind the move.
This comes as some MKR holders are interested in reforming to restore profitability and growth for MakerDAO after a long period of stagnation. GFX Labs, for example, submitted 5 reform proposals, all of which follow the process and are designed to improve governance and increase MKR value. These recommendations include:
Request budget disclosure
End discrimination against DAI holders in savings ratesTermination of mandatory anonymity for Maker contributorsRedirecting marketing budgets to cross-chain markets with growth potentialGuaranteed allocation of 25% SPK to MKR holders
The contrast between these transparent reform proposals and the emergency proposal is controversial. While reform proposals follow the process, emergency proposals ignore the process. Moreover, it appears that proposals aimed at increasing the value of MKR under the rule are being moderated, while a sudden, overnight vote for unsafe lending to MKR was passed.
The question is: Who will benefit from this move? Allowing more USDS to be borrowed in MKR with LTV is riskier than anywhere else in DeFi, right after the critics were silenced, is it a coincidence?

Many people are concerned that this incident creates a dangerous precedent for DeFi governance. If votes can be rushed without a clear explanation, if critics can be banned for no reason, and if rules can be ignored whenever it is beneficial, then governance is a farce.
It's worth mentioning that MakerDAO has a reputation for being a "boring but process-based" DAO that adheres to the rules and does everything right. Therefore, this incident became even more confusing. Many people question the real motive behind these actions and who is really behind pulling the strings.
This incident is not only a problem for MakerDAO but also a problem with the integrity of DeFi governance. If a leading protocol can do this, what prevents others from doing the same? Is this the beginning of the collapse of decentralized decision-making?

Some new information suggests that there may have been an attack on the Sky Ecosystem (part of MakerDAO).
Accordingly, a group, including ImperiumPaper (who was banned by MakerDAO above), conspired to manipulate oracles to liquidate Runes and gain control. This plan is said to be related to the appropriation of the project's funds. However, these allegations have not been confirmed.
#FormerMarketDao #NewsAboutCrypto

A series of data from Joao Wedson, CEO of Alphracta, said that user interest in the crypto market in general is still at a very low level compared to the same time in the bull cycle in 2017 - 2018 or 2021 - 2022.

In the latest article by Alphractal CEO Joao Wedson, his company's data shows that the crypto market is in a strong bullish trend, but public interest has not yet returned to the level of previous bullrun cycles.

A Wikipedia view analysis chart on crypto shows that user interest has plummeted from previous peaks in 2017 and 2021. Normally, every time Bitcoin peaks, the number of searches and views on Wikipedia will increase sharply, reflecting the participation of retail investors. However, this time, even though Bitcoin is approaching a high price for a long time, the number of views is still low, indicating that the market is mainly controlled by large institutions instead of cash flows from retail.

Data from 4Chan, a platform that has often seen lively discussions about crypto in previous cycles, also shows that interest is plummeting. In previous bull runs, every time Bitcoin entered the fomo phase, the number of crypto articles on 4Chan skyrocketed. However, although the market is recovering, activity on 4Chan is still low, which reflects that retail has not yet returned to the market.

Besides, the number of new cryptocurrencies created is increasing rapidly again after a period of stagnation. This is a common sign in every bullrun cycle, when the market recovers and new projects emerge to take advantage of the inflow of cash. However, when retail has not really returned, these projects may be being pumped by larger investment funds rather than capital inflows from retail investors.

Usually, during Bitcoin's growth cycles, public interest will increase sharply on various platforms such as Wikipedia, 4Chan, Reddit, and Twitter. But current data shows that interest remains low, possibly for a variety of reasons.
This is partly because the market is being controlled by large institutions and investment funds, rather than retail investors. In addition, after the sharp market crash in 2022 with events such as the collapse of FTX, Terra, and other major projects, retail may remain cautious. Moreover, the wave of communication about crypto has not really returned as strongly as before, when not many stories of "getting rich from crypto" have been widely spread.

One user of the name, @SanaWhale thinks that this decline may not be a negative sign, but simply because crypto has become more popular. In other words, retailers no longer need to look for basic questions like "What is Bitcoin?" or "How does crypto work?" because this knowledge has gradually become ubiquitous. This may explain why interest on platforms like Wikipedia or Google has dropped.
João Wedson disagrees with this view, saying that the crypto market is still very early and if you ask the average person on the street, most still don't understand crypto. He also mentioned that the team tracked many sentiment indicators on Reddit, Telegram and YouTube, but found no plausible explanation for the decline in engagement on these platforms compared to the past.
He went on to argue that if crypto was indeed more popular, then interest on Twitter and major media outlets should have increased, but that didn't happen. In addition, the volume of on-chain transactions is also low, which raises questions about the true level of market participation. He affirmed that this is not just a matter of data, but the reality reflected through the data.
In conclusion, the crypto market is recovering strongly but retail participation is still weak, suggesting that this may only be the beginning of a bullrun cycle. Large institutions have been accumulating, while retail may only participate strongly when prices have risen higher. If history repeats itself, a strong wave of fomo is likely to come in the coming months, when Bitcoin surpasses the old peak and crypto once again becomes a hot topic in the media.
#NewsAboutCrypto

$BTC

Bitcoin mining not only contributes to job growth, but also brings many broader economic benefits. According to estimates, Bitcoin mining farms have contributed more than $4.2 billion to US GDP.
The Bitcoin mining industry has contributed to the creation of more than 31,000 jobs across the United States. Although it still faces many challenges, Bitcoin mining has a positive impact on the economy.
According to the Texas Blockchain Council, 12 US states: Texas, Rest of US, Pennsylvania, North Dakota, New York.... accounting for the majority of Bitcoin mining. In particular, Texas is home to the most jobs, with more than 12,200 jobs created by Bitcoin mining and the industries that support the mining sector.

Tens of thousands of jobs created in this industry have brought significant income to workers, with total annual salaries amounting to $2 billion. Many areas in the US, especially those with cheap electricity, have become hotspots for Bitcoin mining activities.
Furthermore, Bitcoin mining farms are increasing the use of renewable energy sources, contributing to reducing environmental impact. Many businesses in the industry are partnering with clean energy providers to reduce their dependence on fossil fuels.
During the 2024 US presidential campaign, Donald Trump has repeatedly emphasized his ambition to make the US the "crypto capital of the world" and a leader in the field of artificial intelligence (AI). According to Mr. Trump, this is a national security issue.
Both of these sectors require huge amounts of energy and additional infrastructure. President Trump announced that he would put them on the list of national priorities, and pledged to build more power plants at mining sites.
He also emphasized the relaxation of some regulations that are considered unreasonable and the use of fossil energy sources to produce electricity, in addition to the use of nuclear energy. According to Trump, to maintain its leading position in cryptocurrency mining and AI, the United States needs at least twice the current amount of electricity.
These massive energy requirements have prompted tech companies and cryptocurrency miners to look for alternative renewable energy solutions, including nuclear power.
In October 2024, Google signed an agreement with Kairos Power, a nuclear energy engineering company, to develop a small-scale nuclear reactor for AI operations.
It is expected that the project will be put into operation before 2030. Small-scale nuclear reactors are emerging technologies, which can be built on site and small enough to be transported by 18-wheeled trucks.
$BTC
$ETH
#AIandStablecoins #BinanceAlphaAlert

On February 12, the Phantom wallet, one of the most popular multi-chain non-custodial wallets on Solana, experienced a short-term service interruption. The Phantom team quickly announced on X, confirming the incident and urging the community to be patient while engineers work on the fix.
However, the issue was resolved quickly, and the Phantom team stated that all services were back up and running, and committed to taking measures to prevent similar incidents in the future.
Although this incident was dealt with in a timely manner, this is not the first time Phantom has experienced downtime. Previously, in October 2023, Phantom reported an uptime incident that caused some services to be disrupted, coinciding with the time of the airdrop of Grass, an AI platform on Solana.

In November 2024, the Phantom wallet again encountered an update error on the iOS operating system, causing many users to be locked out of their accounts due to constant resets and unable to access the wallet until the error was fixed.
Besides technical problems, Phantom has also become a target of phishing attacks. Earlier this month, Web3 security platform Scam Sniffer warned that hackers had attempted to insert fake pop-ups into Phantom Wallet to steal users' seed phrases. Thankfully, Phantom quickly discovered and patched this vulnerability, protecting assets for users.

Despite facing many security and technical challenges, Phantom continues to expand its ecosystem. Originally launched in 2021 with exclusive support for Solana, Phantom has now expanded to Sui and Base, an Ethereum layer 2 network. Currently, the last blockchain that Phantom is expected to support in 2025 is Monad.
In 2024, Phantom has more than 10 million users per month and a total of 850 million transactions created using Phantom.

Not only does it support the new blockchain, Phantom has now added a multi-currency feature, allowing users to view balances in 16 different currencies. With these steps, Phantom still maintains its position as one of the leading Web3 wallets in the market.
In 2024, Phantom has more than 10 million users per month and a total of 850 million transactions created using Phantom.
#FTM #TokenReserve #BinanceAlphaAlert

The cryptocurrency market is witnessing complex and unpredictable developments. Recently, in a podcast titled "On Consumer Crypto" on January 10, the two co-founders of Web3 Accelerator and Alliance DAO, Imran Khan and Qiao Wang, made comments on market trends.
Notably, Mr. Qiao Wang revealed a surprising information: After 10 years with Ethereum, he sold out of his ETH last year, citing the coin's growth potential as short.
This decision has sparked a lot of controversy in the community, especially when looking at the current picture of Ethereum: skyrocketing short selling and gas fees falling to record lows. Is this a sign that Ethereum is gradually losing its leading position?

Alliance co-founder DAO sells out of Ethereum
In the podcast, Imran Khan said that "in the context of the current volatile market, the attention of Base supporters has turned to Solana".
Mr. Qiao Wang also agrees with this view, commenting that Solana is showing great attractiveness in attracting users. While the transition to Solana requires developers familiar with EVM to get used to a completely new set of tools, the benefits it brings in terms of user base and supporting ecosystem are still worth it.
In particular, Mr. Qiao Wang revealed a surprising information: "I have been holding Ethereum since the early days, from the genesis block. However, after 10 years of service, I sold out of my Ethereum last year. It's hard to make this decision after such a long time, but I feel that Ethereum's growth potential is not much."
I assess the possibility that Ethereum Layer 2 projects can surpass Solana by only 10-20%. -- Mr. Qiao Wang added.--
In another development, Mr. Qiao Wang also talked about his observation and comparison process between the development of the project on Ethereum layer 2 and Solana. He said a year ago, he didn't see a significant difference between developing the project on Ethereum layer 2 or Solana.
However, after nearly a year of monitoring and evaluation, he found that startup projects have almost no transactions or users on Ethereum layer 2, while they are very active on Solana.
From these observations, Mr. Qiao Wang gave advice for crypto startups to consider choosing Solana as the platform for the project launch.

Mixed picture about Ethereum: Short selling soars, ETF cash flows pour in strongly
In the derivatives market, Ethereum short positions have seen a spike, amounting to more than 500% since November last year, reaching record highs.
Specifically, Wall Street institutional speculators on the CME have established the largest Ethereum short position in history on February 10, 2025, with short selling up 40% in just one week and a sharp increase of 500% since November 2024.

Although the CME market is betting heavily on ETH's possible downside, the inflows from ETFs show a completely different picture. Over the past three weeks, ETH has attracted more than $2 billion, including a record $854 million inflow in just one week from Wall Street, the highest level ever.
ETH trading volume is also remarkable, with spikes on January 21 (the day of the US President's inauguration) and February 3 (when the market witnessed a decline).

Currently, Ethereum is trading about 45% lowethan the historical high set in November 2021. Compared to many other major altcoins that have fallen by 70% or more from their peaks, ETH's decline is not the largest.
However, ETH's growth rate since 2024 has been slower than that of most other major cryptocurrencies, including Bitcoin.
These conflicting developments have sparked many speculations in the community. Some argue that this could be a form of market manipulation, a crypto hedging strategy, or simply a reflection of a negative view of Ethereum compared to competitors like Solana.
Ethereum gas fees drop to record lows
Data from Etherscan shows that gas fees on the Ethereum network have dropped to less than 1 gwei, or about $0.06. This record-low gas fee has led many to question the usage status of the largest layer 1 blockchain network on the market today.
According to JPMorgan, Ethereum is facing stiff competition from other platforms and lacks a clear leading story like Bitcoin.
Despite deploying the Dencun upgrade and preparing to test Pectra in February, most of the activity on Ethereum has moved to layer 2, reducing the demand for the mainnet and leading to a sharp drop in gas fees.
Notably, Uniswap, one of the most gas-consuming protocols on Ethereum, is also planning to leave the platform to switch to Unichain.

The move could deal a blow to Ethereum, especially given that the price of ETH has fallen by 10% over the past week, currently trading around $2,639.
#BTCStateReserves #solana #layer1layer2
$ETH

Strategy (MSTR), formerly known as MicroStrategy, has continued to increase its bitcoin holdings after a week of pause in purchases. Specifically, the company bought an additional 7,633 BTC for a total value of $742.4 million, bringing the total amount of Bitcoin it owns to 478,740 BTC. Equivalent to about 2% of the total global Bitcoin supply.

According to information from Executive Chairman Michael Saylor, this purchase was made at an average price of $97,255 per bitcoin, bringing the company's overall average purchase price to $65,033.
In the week ending Feb. 2, Strategy did not make any bitcoin purchases, likely because the company was in a "blackout period" related to its earnings report. On February 6, the company announced its fourth-quarter financial statements, recording a net loss of $3.03 per share, compared to a profit of $0.50 per share in the same period last year.
According to the 8-K filing, the purchase of bitcoin this time was funded through funds from the sale of shares under the sale agreement and the issuance of Strike's perpetual preference stock (STRK). As usual, Michael Saylor continued to hint at the deal on social media before officially announcing the purchase of BTC.

STRK is currently trading on the Nasdaq at around $85, higher than the previous listing of $80. STRK shares have a 10:1 conversion ratio, meaning that each STRK share can be exchanged for one-tenth of Strategy's common stock.
As of the end of 2024, Strategy's Bitcoin (BTC Yield) yield will reach 74.3%, which is much higher than the record 47.3% in 2021. The company has raised its BTC profit target for the next three years to 15% per year, compared to 6%-8% previously. BTC Yield is an index that measures the performance of a company's Bitcoin buying strategy, reflecting the growth in the number of Bitcoins per share.
In Q4, this index reached 48%, a sharp increase compared to 5.1% in Q3. Strategy also introduced two new metrics to evaluate future performance: BTC Gain, which represents the amount of Bitcoin the company had at the beginning of the period multiplied by that period's BTC Yield, and BTC Gain, which converts BTC Gain to USD value based on the Bitcoin price on the last day of the quarter.
In 2024, Strategy achieved a BTC Gain of 140,538 BTC and set a goal of BTC Gain of $10 billion for 2025.

#NewsAboutCrypto #BinanceAlphaAlert #cryptouniverseofficial
$BTC

Data from LSEG Datastream shows that macro indicators are simultaneously emitting signals that could signal a new growth cycle for Bitcoin and the crypto market. As financial conditions become more favorable, the global money supply expands, and previous cycle patterns repeat, there is reason to believe that Bitcoin may still be in a growth phase and has not yet peaked.

One of the most important factors is the correlation between Bitcoin and the ISM (Institute for Supply Management), an important measure of the health of the US economy. Historical data shows that Bitcoin tends to grow strongly when the ISM crosses the 50 mark. Currently, ISM is recovering, which could create a favorable macro environment for the crypto market.

Besides, the ISM-based Bitcoin pricing model also shows a close correlation between these two factors. As the ISM rises, Bitcoin tends to be priced higher, which reinforces the possibility that BTC could continue to rise if the ISM maintains its rally momentum.
Not only Bitcoin, the capitalization ratio of altcoins to Bitcoin is also showing signs of increasing again. Historically, as ISM grew and financial conditions eased, money flows tended to flow from Bitcoin to altcoins, creating an Altcoin Season. If this trend continues, investors may see an explosion of altcoins in the near future.

The global money supply (M2) also plays an important role. The relationship between Bitcoin and M2 suggests that BTC's strong bullish cycles often coincide with periods of expansion of the money supply. Currently, the global M2 is showing signs of growth again, which could provide more liquidity to the crypto market and provide momentum for Bitcoin's next rally.

The Bitcoin cycle chart shows that BTC may be leaving the Boring Zone and entering the Banana Zone, the strongest boom phase in the previous cycles. In previous bull runs, Bitcoin went through a period of accumulation before experiencing strong growth in a parabolic pattern. If history repeats itself, Bitcoin may be in the stage of preparing for a significant rally.
At the same time, the Bitcoin Cycle Peak Finder (CTF) indicator has not yet reached the highest peaks of previous cycles. This could indicate that Bitcoin has not yet peaked and that there is still room for growth, at least in the short term.

Macroeconomic factors are also supporting the positive picture of Bitcoin:
The GMI Financial Conditions Index, which has a nine-month lag relative to the ISM, has risen above 55.7, signaling that financial conditions may continue to ease, supporting risky assets such as Bitcoin.ISM New Orders, the one-month ISM leading indicator, are rising, indicating that manufacturing demand is recovering – a positive signal for the economy and financial markets.The macro overbought/oversold indicator has not yet touched the danger zone, indicating that the market may still have room for growth before a sharp correction occurs.
Summing up all the data, Bitcoin and the crypto market are facing a critical phase. The recovery of the ISM, the expansion of the M2 money supply, easing financial conditions, and previous cyclical patterns are all supporting a new round of growth. If history repeats itself, Bitcoin may not have peaked yet and there is still room for growth, while cash flows may begin to shift to altcoins, creating an Altcoin Season.
Investors need to keep a close eye on overbought/oversold indices to manage risk, but for now, macro factors are favoring a continued growth scenario for Bitcoin and the crypto market.

#BinanceAlphaAlert #1000CHEEMS&TSTOnBinance
$BTC

On Air Force One on February 9, former US President Donald Trump announced that he would impose a 25% tariff on all steel and aluminum imports into the US, in addition to the tariffs previously in place. This is considered a major escalation in his trade policy.

Speaking to reporters on his way to the Super Bowl final in New Orleans, Trump said he would announce the plan on Monday, Feb. 10.
In addition, on Feb. 11 and 12, he will announce additional reciprocal tariffs, effective immediately, that apply to all countries and correspond to the tariffs they are imposing on U.S. goods. "If they tax us, we're going to tax them," he declared.
According to data from the American Iron and Steel Institute, Canada, Brazil and Mexico are the largest suppliers of steel to the United States, followed by South Korea and Vietnam. In the aluminum sector, Canada is the largest supplier, accounting for 79% of total US imports in the first 11 months of 2024.
Not only targeting steel and aluminum exporting countries, Trump also mentioned Nippon Steel's investment in U.S. Steel. He stated that the U.S. would allow the deal to take place but would not let the Japanese company take majority control.
Trump affirmed that the tariffs will help U.S. Steel thrive again, and assessed that the company has a good leadership. Nippon Steel has not yet commented on this statement.

Immediately after the announcement, the price of Bitcoin, which had just touched $100,000, fell by 1.66%, to around $95,000. Ethereum also plummeted 3.6%, currently trading at $2,550. The total crypto market capitalization accordingly fell by 2.15% on the day.

Among the crypto asset classes, memecoins on Solana are the hardest hit. The GMCI Solana Memes (GMSOLMEME) index has fallen by 10% in the last 24 hours, with large-cap tokens such as Bonk, Dogwifhat, and Gigachad all in a downtrend.
Major altcoins are also not immune to negative impacts. The GMETH Index, which tracks the top tokens on Ethereum, fell 3.33%, while the GMUSA Index, which tracks the top tokens in the US, also fell 3.31%.

Trump's announcement marks a new escalation in the trade war, similar to last week's decision to impose tariffs on Canada and Mexico. Previously, crypto also reacted negatively to the news, but then recovered when Trump announced a one-month tax delay after talks with the leaders of the two countries.

#NewsAboutCrypto #1000CHEEMS&TSTOnBinance

$BTC
$ETH
$XRP

Paolo Ardoino, CEO of Tether, has just made a prediction regarding the impact of quantum computers on Bitcoin. In a post on X (Twitter), he asserted that quantum technology is still a long way from being able to threaten Bitcoin's security. Before that becomes a real threat, Bitcoin will soon integrate quantum-resistant addresses to protect the system.
According to Ardoino, users who still have access to their Bitcoin wallets will be able to move BTC to quantum-resistant addresses, helping to ensure safety against future attacks. However, he also mentioned a notable scenario: if Satoshi Nakamoto died, or the wallets lost their private keys, the Bitcoin could be hacked and returned to circulation when the quantum computer was powerful enough.
The question of how many Bitcoins Satoshi Nakamoto owns has long been a controversial topic. According to many estimates, Satoshi holds about 1 million BTC. With the current price of Bitcoin hovering around $100,000, the total value of this BTC amounts to $100 billion. If Bitcoin continues to grow in the long term, this number could reach several hundred billion dollars.
Ardoino's remarks quickly attracted great interest from the community, as quantum computing has always been a controversial topic in the crypto world. If the technology reaches a level where it can break Bitcoin's cryptocurrency, it could cause millions of BTC from lost wallets to return to the market, raising supply concerns and selling pressure in the market.

Previously, quantum technology was making significant progress, with corporations such as Google leading the way in the development race. Recently, Google announced the Willow chip, a quantum processor with 105 qubits, marking a major milestone in the field of quantum computing. This has raised concerns about the impact of quantum technology on many sectors, especially Bitcoin's security.

Cryptocurrencies in general and Bitcoin in particular are protected by cryptographic algorithms to ensure the safety and integrity of transactions. However, quantum computers can break current cryptographic algorithms thanks to their ability to quickly solve mathematical problems that classical computers cannot.
The Shor algorithm makes it possible for quantum computers to crack the ECDSA digital signature system, one of Bitcoin's security platforms. This begs the question: Is Bitcoin at risk of being attacked by quantum technology?
Experts say that in the short term, Bitcoin is still safe, because to break security algorithms, quantum computers need millions of logical qubits, which is currently not possible. Willow only has 105 qubits, and while this is an important step forward, it is still very far from the real threat to Bitcoin.
Furthermore, breaking the SHA-256 algorithm, the foundation of Bitcoin's Proof-of-Work mechanism, which, while can be optimized using the Grover algorithm, still requires a huge number of qubits that current technology cannot meet.
However, this does not mean that Bitcoin will be forever immune to quantum technology. If in the future, quantum computers reach a scale large enough to crack Bitcoin's cryptography, the entire system could face serious security risks.
#1000CHEEMS&TSTOnBinance #BinanceAlphaAlert
$BTC
$ETH
$XRP

Gas fees on the Ethereum network have dropped to less than 1 gwei, or about $0.06, according to data from Etherscan. The fact that gas fees hit record lows has made the community ask many questions about the use of the largest layer 1 blockchain in the current market.

The main reason for this decline may be the drastic shift of on-chain activity to layer 2 solutions such as Arbitrum (ARB), Optimism (OP), Polygon (POL). Besides, there is also a strong growth of scalable layer 1 blockchains such as Solana (SOL), BNB Chain (BNB), Tron (TRX), Avalanche (AVAX), and Cardano (ADA).
According to JPMorgan, Ethereum is facing stiff competition from these platforms and lacks a clear lead story like Bitcoin. Despite deploying the Dencun upgrade and preparing to test Pectra in February, most of the activity on Ethereum has shifted to layer 2, reducing the demand for the mainnet and leading to a sharp drop in gas fees.

Notably, Uniswap, one of the most gas-consuming protocols on Ethereum, is also planning to leave the platform to switch to Unichain.
The move could deal a heavy blow to Ethereum as the price of ETH has fallen by 16% over the past week, currently trading around $2,738.57.
Meanwhile, BlackRock continues to strengthen its position in the crypto market with the move to include ETH in their spot Ethereum ETF.
According to SosoValue data on February 6, the iShares Ethereum Trust (ETHA) fund bought an additional 3,840 ETH, worth about $10.7 million.
It was also the only spot Ethereum ETF to record inflows that day, while other funds such as Grayscale's ETHE did not have any trades.

Total net inflows into spot Ethereum ETFs in the US currently stand at $3.18 billion, however this figure includes a whopping $3.93 billion withdrawal from Grayscale's ETH.
However, BlackRock's move to buy more could be a signal that the organization still believes in Ethereum's long-term prospects, despite increasingly fierce competition from other blockchains.

$BTC

$ETH

$XRP

On February 7, 2025, the Solayer project announced details about the LAYER token, including the distribution mechanism, tokenomics, and airdrop program. This announcement marks an important step forward in the project's development, towards the goal of building a blockchain that is scalable thanks to hardware acceleration.

The maximum total supply of LAYER is 1,000,000,000 tokens, with an initial circulating supply of 220,000,000 LAYER. The allocation structure is divided into 4 main groups:
Community & Ecosystem (51.23%):
34.23% is spent on research and development (R&D), developer programs, ecosystem development, and other user activities.14% is for community events/incentives (of which 12% is for Genesis Drops).3% is distributed through the sale of Emerald Cards to the community.
Core Team (17.11%): For core members and advisors.
Investors (16.66%): Sold to investors.
Solayer Fund (15%): Allocated to the Solayer Fund to support vertical product expansion and network development.

According to the announcement from the project, the LAYER token will be issued from time to time. The specific vesting schedule is as follows:
Genesis drop: Fully unlocked at launch.Selling Emerald Cards: Fully unlocked at launch.Encourage the community: Linear vesting for 6 months.Community and Ecosystem: Vesting every 3 months for 4 years.Solayer Foundation: Vesting every 3 months for 4 years.Team & Advisors: 1 year cliff, then linear vesting for 3 years.Investor: 1 year cliff, then linear vesting for 2 years.

In addition to announcing the tokenomic, Solayer also announced the Genesis Drop program for the community, to thank users who have been with the project since the first days.
Specifically, this second LAYER distribution is reserved for community members who have been with Solayer since the project launched in 2024. Solayer will airdrop 12% of the total tokens to Solayer community members, integration partners, and liquidity providers.
Eligible subjects include:
Holders of Solayer's sSOL and sUSD.The user has delegated sSOL to the AVS partner.Users have deposited sSOL or sUSD into partnered DeFi protocols.Users who have submitted LST are whitelisted on Solayer.Users have deposited funds into Solayer through partner campaigns and wallets.LRT protocol.Other reward initiatives.
For eligible community members, the Genesis airdrop will be unlocked immediately at launch. In addition, users can get more LAYERS in the next 6 months according to Epoch.

LAYER plays an important role in the entire Solayer ecosystem. When it first launched, LAYER will focus on the governance function, allowing holders to participate in the decision-making of the project. Over time, the utility of LAYER will be expanded.
Currently, LAYER's governance function includes participating in the protocol upgrade process (e.g., adding supported assets) and contributing to important ecosystem development initiatives (e.g., grant programs).
In the future, LAYER will likely be used to participate in the Proof of Stake consensus mechanism, which allows holders to verify proofs and receive block rewards. In addition, LAYER can also become a gas token to pay for transactions on the Solayer network.

Launched in January 2024, Solayer initially operates as a staking protocol, similar to EigenLayer on Ethereum. Users can stake their SOL tokens on Solayer to secure other dapps, while also receiving rewards.
On January 7, 2025, Solayer announced its 2025 development roadmap, with a focus on the InfiniSVM blockchain. InfiniSVM uses a hardware-accelerated Solana Virtual Machine (SVM), which aims to deliver superior performance and solve bandwidth bottlenecks that exist on the Solana network.
$BTC
$ETH
$XRP

The Berachain layer 1 blockchain network, which is compatible with the Ethereum Virtual Machine (EVM) and built using the Cosmos SDK, has officially launched its mainnet and conducted an airdrop to the community on February 6, 2025.
Berachain operates on a Proof-of-Liquidity (POL) consensus mechanism. This project has been long-awaited by the cryptocurrency community, even being nicknamed a "fake chain" due to the long waiting time. The community's patience seems to have paid off when Berachain officially launched.

Specifically, on February 5, the development team announced a plan to airdrop 632 million BERA tokens for the chain's initial supporters such as Baritio users, NFT owners, community members, and dApp users.
The total initial supply of BERA is 500 million, of which 15.8% is for airdrops. Bong Bears NFT holders and partners receive the majority of the tokens, and long-term followers also receive rewards accordingly.
The remaining allocations are divided between community programs (13.1%), ecosystem development and research (20%), and mentors and developers (16.8%).

Prior to its launch, Berachain was rumored to reach a valuation of $4 billion, which added to the expectations of traders and investors. However, after its official launch, BERA has experienced significant fluctuations.
Overall, though, BERA still holds its price quite well, currently trading around $7.68, after peaking at $15.5. BERA's current market capitalization is nearly $1 billion, down from a peak of $1.5 billion.
It is worth noting that BERA's perpetual contract trading volume has exceeded $4.8 billion in just 24 hours. The fee rate on centralized exchanges (CEXs) is also extremely high, especially the funding rate on Binance recorded -2.4% and Bybit -2.89%.
The funding fee is the fee between the buyer (long) and the seller (short) in a perpetual contract. A negative funding rate means that buyers have to pay a fee to the seller, which usually happens when the number of buyers overwhelms the seller.

Although analysts have predicted the possibility of strong price volatility on the first day of launch, there is no denying that Berachain's airdrop and launch has so far been a success, especially for the project's supporters from the early days.
Berachain has also received interest from major exchanges such as Binance, Hashkey, and Bitrue. Hashkey Global has announced the launch of the BERA perpetual contract on or after February 6. Bitrue also lists BERA, allowing trading from February 6 and withdrawals from February 7.
Binance, one of the leading cryptocurrency exchanges, has selected Berachain as the 7th project on its HODLer airdrop platform. Users who participated in Binance's "BNB to Simple Earn" program from January 22 to 26 will receive a share of a total of 10 million BERA tokens airdropped.

The reaction of the user community to the price of Berachain at the launch of the exchange was quite positive. Although there are certain fluctuations, in general, users are satisfied with this price. With an average number of airdrops of 100 BERA or more, many consider this an acceptable number, especially when compared to other projects.
Berachain's mainnet launch event went quite smoothly. In the context of many recent disappointing layer 1 projects, Berachain has bucked this trend. The mainnet launch coinciding with the TGE event and airdrop shows the development team's preparation, and helps them make the most of their initial interest and liquidity.
Berachain has also raised around $142 million and built an ecosystem of more than 200 dApps before the mainnet launches. The total value locked (TVL) of the ecosystem, through the Boyco Vault program, reached more than $3.32 billion, surpassing Arbitrum ($2.9 billion) and Base ($3 billion).

$BTC

$ETH

$XRP

On February 23, Germany will hold parliamentary elections, an event that could have a strong impact on the financial sector of Europe's largest economy. The leading political parties in the race have introduced various policies related to finance, from taxing the super-rich, leaving the eurozone to deregulating Bitcoin.

The Alternative for Germany (AfD) party, led by Alice Weidel as chancellor's candidate, is in second place in the polls. In particular, the AfD's financial policy is the most detailed and bold. They called on Germany to leave the eurozone and restore the Deutsche mark, with gold as collateral. They also wanted to bring all of Germany's gold reserves from abroad back home.
On crypto, the AfD proposes "completely removing regulations on Bitcoin, e-wallets, and cryptocurrency trading," while the German government remains cautious about the sector. In addition, they oppose the digital euro and want to include cash in the constitution as a basic citizenship.
The AfD also opposes Europe's general deposit insurance mechanism, and calls for the abolition of inheritance and wealth taxes. The party also wants to increase tax exemptions on dividends, interest rates and capital gains, in order to attract investment.
Friedrich Merz's Christian Democratic/Social Union (CDU/CSU) party is leading the polls, but its fiscal policies are only general and lack specifics.

The CDU/CSU wants to make Germany Europe's financial center, compete with London and Paris, and maintain a three-pillar banking system, although many experts say this model is limiting profits and the consolidation of banks. They also support the creation of a European capital markets union, a plan that has been talked about for years but has not made real progress.
In addition, CDU/CSU wants Germany to become a hub for venture capital and start-up funds, through tax incentives. They also proposed increasing the powers of the customs police to combat money laundering and financial crimes.

In terms of payment methods, the CDU/CSU is committed to maintaining cash and only supports the digital euro if it is truly beneficial. According to a survey from the European Central Bank (ECB), half of Germans said they would use the digital euro. They also want to increase inheritance tax exemptions, reduce taxes on home purchases, and oppose property taxes, a tax that has been suspended for decades.
Chancellor Olaf Scholz's Social Democratic Party (SPD) is currently third in the polls but has been involved in many coalition governments for decades. The SPD proposes to tax financial transactions, similar to some other European countries, to collect taxes on stock purchases.
They also pledged to raise taxes on the super-rich, in line with the G20 commitments. In addition, the SPD wants to reintroduce the property tax, a policy it has advocated for years but has never been implemented. They also proposed adjusting the inheritance tax to raise taxes on million-dollar and billion-dollar assets, arguing that "the super-rich should contribute more to fund social welfare."

Similar to the SPD, the Greens also want to limit inheritance tax exemptions and tax billionaires on a global scale. They propose to establish a national center dedicated to the detection and handling of crypto-related financial crimes, assisting local governments in controlling the sector.
Germany plays an important role in the global crypto market, especially in establishing clear legal regulations and creating a safe environment for Bitcoin trading and investment. The country considers Bitcoin legal and applies tax regulations based on the holding period and intended use.
In the past, the German government has sold large amounts of Bitcoin confiscated from criminal activities, affecting the market value. In July 2024, Germany sold nearly 50,000 BTC, contributing to a sharp drop in the price of Bitcoin from 66,000 to a low of $54,400.
How the German election will impact the crypto market still needs more time to find out.
$BTC
$ETH
$XRP

Coinbase chief Conor Grogan claims to have identified wallets belonging to Satoshi Nakamoto, suggesting that Bitcoin's creator was still active on-chain until 2014. This is a remarkable finding because according to previous information, Nakamoto has been out of public service since 2011.

The last known message he sent was in April 2011, in an email exchange with developer Mike Hearn, which read: "I've moved on to other things. Bitcoin is in good hands with Gavin and everyone." This also marks his official departure from the Bitcoin project.

As time draws to a close, Nakamoto is becoming less and less involved in forum discussions. However, the timing of his departure coincided with a visit by Gavin Andresen, his successor in the role of Bitcoin developer, to CIA headquarters.
This has sparked much speculation about the connection between the two events. Some argue that Nakamoto simply wants to remain anonymous or leave the project for personal reasons. Meanwhile, some other theories raise the possibility that he died or had an incident that prevented him from continuing his work.

Grogan made his statement based on Bitcoin addresses belonging to the Patoshi Pattern, an early Bitcoin mining model recently noted by blockchain analytics platform Arkham.
While it is impossible to say for sure that the addresses belonged to Nakamoto, Grogan said there is reliable evidence to link the data together. According to estimates, Nakamoto may own about 1.1 million BTC, or $109 billion, making him richer than Bill Gates in terms of paper value.
Sergio Demian Lerner, a cryptography and blockchain researcher, discovered a special Bitcoin mining model in the early stages, allegedly Satoshi's. The difference of this model is that it does not mine blocks in a row, in order to keep the Bitcoin network from being centralized in a single miner.
However, some researchers suggest that Satoshi's estimate of 1.1 million BTC may be exaggerated due to duplication in mining models or based on unverified assumptions. According to them, the actual number may only be around 600,000 - 700,000 BTC, while some other theories suggest that Satoshi could own up to 1.5 million BTC.

Grogan questioned whether Satoshi Nakamoto could be Canadian and whether Kraken could know his true identity. Grogan found that there were 24 transactions sent from these Bitcoin wallets, with the most common receiving address being a wallet that started with "1PYYj". This is a wallet address linked to another Bitcoin address that starts with "12ib7", which is believed to contain more than $3 billion in BTC.
Notably, this address used to receive Bitcoin from CaVirtEx, a Canada-based exchange. Grogan thinks this could be the first evidence that a wallet believed to belong to Satoshi once traded with a centralized exchange (CEX).

Another notable point is that CaVirtEx was acquired by Kraken in 2016, and Grogan speculated that Kraken co-founder Jesse Powell, or some of the people at Kraken, might know Satoshi's true identity if the KYC data associated with the wallet was still stored. However, Kraken and Powell have never officially stated that they know who Nakamoto is.
Powell has suggested that Satoshi could be an individual or a group with high technical expertise, and some in the crypto community may already know his true identity.

Grogan thinks the study could help determine whether the Patoshi mining model really belongs to Satoshi alone. He said that this was the first evidence in years that led him to reduce his belief that Satoshi was Len Sassaman, a cryptographer and privacy expert who had been associated with Bitcoin before his death in 2011.
In other words, the purpose of this study is not to prove that Satoshi is still active, but to confirm that from 2014 to now, he is actually no longer present. The fact that this BTC is not moving is also a positive sign, as if Satoshi sells, the market could be hit hard.
$BTC

$ETH
$XRP

D3 has just announced a $25 million Series A funding round, led by Paradigm, with the participation of major funds such as Coinbase Ventures, Dharmesh Shah (HubSpot), Sandeep Nailwal (Polygon Labs) and Richard Kirkendall (Namecheap).
This investment will help D3 accelerate the development of DomainFi, a platform that helps modernize and financialize the domain name industry.

According to D3, currently the domain name market still has many limitations such as complicated transaction processes, lack of transparency and low liquidity.
Previous web3 platforms such as ENS and Unstoppable Domains have not been able to integrate with the traditional domain name system due to not being recognized by ICANN*, leading to duplication and data fragmentation.
*ICANN (Internet Corporation for Assigned Names and Numbers) is a non-profit organization that manages and coordinates the Domain Name System (DNS) and IP addresses around the world.
DomainFi was introduced with the goal of providing a solution that helps connect web2 and web3 infrastructure, and create financial applications related to domain names.

The project aims to tokenize domain names, allowing them to be transacted on the blockchain, while also testing financial models such as splitting ownership of high-value domains or using domain names as collateral. In addition, a blockchain-based automated pricing system is also proposed to improve transparency in transactions.
At the same time, D3 also introduced Doma Protocol, a specialized blockchain to support transactions and increase liquidity for more than 362 million existing domain names.
The protocol will also test the domain name trading model in the form of fractional ownership, helping more retail investors access the market.

In addition, D3 announced that it has established partnerships with many major blockchain platforms, including Solana and Avalanche.
In particular, the Solana Foundation will participate in the development of payment infrastructure and identity on the Solana blockchain, and register for domain name licensing. SOL and . SOLANA. Avalanche co-deployment. AVAX, which integrates financial instruments related to domain names.

In addition, the OneFootball project will also collaborate with D3 and adopt the .football domain name to develop a digital identity system for the user community.
Plume Network plans to integrate DomainFi into the Nest Protocol, while Hockey.com test a sharded ownership model for domain names through blockchain.
Fred Hsu, CEO of D3, said that the domain name market has the potential to expand from $340 billion to more than $2 trillion in the future. The goal of DomainFi is to create a platform that makes domain name trading and management more transparent, and to open up new financial applications in this area.
$ETH

$BTC

MicroStrategy, the business and enterprise data analytics company that holds the largest amount of Bitcoin today, has just announced a rebranding to Strategy to better demonstrate its crypto-focused orientation.
According to the official announcement, the name change is a natural development, helping to reflect the strategic focus and expand the company's attractiveness.
Strategy's new logo is designed with a stylized "B", symbolizing the "Bitcoin strategy" and the company's unique position as a company that owns its own Bitcoin treasury. Besides, the brand's main color was changed to orange, representing energy, wisdom and Bitcoin.

Commenting on the change, Michael Saylor, Founder and Executive Chairman of Strategy, said: "Strategy is one of the most powerful and positive words in human language. It also represents the company's brand streamlining, focusing on the most important part."

As of now, Strategy is holding 471,107 BTC, with a total value of about $44 billion, and has just ended a 12-week streak of buying more Bitcoin. Founder and executive chairman Michael Saylor said that this change reflects the core strategic nature of the company.
He quotes the famous quote of Antoine de Saint-Exupery, a famous French writer and aviator:
Perfection is achieved not when there is nothing left to add, but when there is nothing left to remove. -- Antoine de Saint-Exupery --
According to Saylor, after 35 years of operation, this new brand is a perfect reflection of the company's pursuit of perfection.
In addition to the rebranding, Strategy is also preparing to release its Q4 financial report after the market closes on February 7. According to CEO Phong Le, the company is innovating in two of the most important areas of technology in the 21st century: Bitcoin and artificial intelligence (AI).
He said that simplifying the name helps to more clearly express the strategic vision and value that the company brings to shareholders, customers, partners and employees.

Shortly after the name change, Strategy released its Q4/2024 financial statements, showing that the company recorded a BTC yield of 74.3% in 2024 and revised its 2025 target to more than 15%.
Operating expenses in Q4 soared to $1.103 trillion, which included a $1.006 trillion digital asset impairment loss, resulting in a net loss of $670.8 million.
With the rebranding and reorientation of the Bitcoin strategy, Strategy expects to reach a profit of $10 billion from Bitcoin by 2025.
As of December 31, 2024, Strategy is holding about 447,470 BTC, with a book value of $23.909 billion and a market value of $41.789 billion. The average buying price per BTC is around $62,503.

Currently, Strategy (MSTR) shares are trading at $336.27 per share, down 3.3% after the news was released.
As before, Microstrategy continues to choose Bitcoin as its primary reserve asset, accumulating through cash flows from trading, stock issuance, and debt raising. The company's financial strategy allows investors to gain access to Bitcoin through a variety of asset classes, including stocks and bonds.
In addition, Strategy continues to develop AI-applied enterprise analysis software, combining expertise in the field of data analysis with a commitment to developing digital assets.
With a combination of effective financial management, a Bitcoin holding strategy, and a focus on technology, the company aims to be a leader in both digital assets and enterprise analytics.

With a completely new company name, philosophy, and investment style compared to Binance Labs, YZi labs will not only invest in crypto, but also expand into new markets, regardless of the Binance name.
What is YZi Labs?
YZi Labs (formerly Binance Labs) is an investment fund specializing in venture capital, focusing on web3, artificial intelligence (AI), and biotechnology (biotech). The move from Binance Labs to YZi Labs marks a major step forward in operating independently, expanding the scope of investments beyond blockchain, and affirming its position as an investment institution with a long-term strategy.

As a family office, YZi Labs is no longer merely a venture capital fund focused on web3 startups, but now manages and allocates assets in a more flexible way, investing in a variety of potential sectors with a long-term vision, not bound by short-term market cycles.
History of formation and transformation
Founded: Binance Labs was founded with the goal of investing in blockchain projects and supporting the web3 ecosystem through incubation programs.Featured projects: Under Binance Labs, the company has incubated and invested in more than 200 projects, including Polygon, Injective Protocol, CertiK, Dune Analytics, and many others.Restructuring: On January 23, 2025, Binance Labs officially changed its name to YZi Labs, expanding its investment focus from blockchain to AI and biotechnology, while maintaining its web3 platform.
This change took place in the context of CZ (Changpeng Zhao) leaving Binance and continuing to be deeply involved in investment activities. CZ currently plays the role of a strategic advisor, directly supporting founders in building and developing businesses. At the same time, Ella Zhang, co-founder of Binance Labs, will return to lead YZi Labs, bringing with her investment experience and entrepreneur-focused perspective.

Why did Binance Labs change to YZi Labs?
The name YZi Labs is pronounced "easy labs", which embodies the company's core philosophy.
"Making the innovation process easier for developers and founders, helping them pioneer the future of technology."
-- Yzi Labs said. --

Some people in the community are also quick to associate the name YZi Labs with more than just a pronunciation of "easy labs", but can also mean something else. Some users speculate that YZi could be a combination of Yi He (co-founder of Binance, now CEO of Binance) and CZ (Changpeng Zhao) and their close relationship for many years.

According to the article about the rebranding, YZi Labs wants to commit to investing in projects with long-term value, not affected by market cycles or short-term trends. The company's objectives include:
Supporting innovation in web3: Continue to invest in blockchain projects, expanding the web3 ecosystem with applications that have the potential to make a big impact.Expand into AI and biotechnology: Look for pioneering projects in AI and biotech, especially those that can be combined with blockchain to create new breakthroughs.Focus on projects with a solid foundation: Support startups with a long-term vision, rather than just following temporary market trends.Intensive Incubation Program: Enhance the incubation program with a 12-week residency program, creating a collaborative environment between founders, helping them develop products and scale quickly.Direct guidance from CZ and experts: CZ will act as a strategic advisor, helping founders orient and optimize business development strategies.
Community reaction
After the announcement that Binance Labs will change its name to YZi Labs and CZ will play a more direct role in investment, the community has had an extremely positive reaction.
Many people expressed excitement to see CZ return as an investor, saying that this will help improve the quality of investments, avoid low-quality projects, and bring more stability to the web3 ecosystem.

Posts on X (Twitter) from many members of the community showed a clear bullish sentiment, with comments such as "CZ is back!", "We're so back!", and commented that CZ's return will help support potential projects more.

#Crypto_Jobs🎯 #cryptouniverseofficial #NewsAboutCrypto #news_update

After the airdrop shock that caused users and liquidity to drop sharply, ZKsync is showing signs of recovery. Is this a turning point to help ZKsync break through in the ZK rollup race?
The ZKsync layer 2 network is showing signs of recovery after the post-airdrop lull. The value of assets locked (TVL) on the platform has skyrocketed by nearly 90%, from $97 million to $184 million in just the first week of January 2025.

The main driver of this growth comes from a new liquidity incentive program called "Ignite", with a total prize value of up to 300 million ZK tokens, or $60 million.
The "Ignite" program is designed to attract users and boost liquidity on ZKsync Era, a layer 2 network that uses ZK-rollup technology to scale Ethereum. Ignite will consist of multiple seasons, each lasting several months with ZK token rewards available to users who participate in providing liquidity.
Season 1 will take place from January 6 to March 31, 2025, distributing 100 million ZK tokens ($20 million) to liquidity users on selected DeFi platforms, including:
Decentralized Exchange (DEX): SyncSwap, Uniswap, PancakeSwap.Perpetual Trading Platform: Holdstation.Lending Platform: Aave.
The remaining 200 million ZK tokens will be distributed in the following seasons, with details to be announced in the near future.

Previously, ZKsync went through a difficult period after the token airdrop in June 2024. Despite being expected by the community, the distribution of 3.6 billion ZK tokens to eligible addresses inadvertently created a shock to the ecosystem.
While some users were happy to receive the tokens, many others expressed disappointment and outrage at not being eligible for the airdrop despite believing that they met the criteria set by the project.
Some users criticized ZKsync for the disparity in token allocation rates, arguing that those who truly contribute to the ecosystem receive fewer tokens than those who only own NFTs or participate in airdrops from other projects. ZKsync is also accused of favoring professional "airdrop hunters" over actual users.

Against this backdrop, many users quickly withdrew their capital and left the network after receiving the tokens, causing a severe drop in trading activity and TVL.
Specifically, the 7-day moving average of the number of active addresses has plummeted from more than 200,000 in July 2024 to only 30,000 by the end of December 2024. This trend also takes place on other ZK-rollup chains such as Linea, Scroll, and Starknet.

Currently, Linea is leading the way in terms of the number of active user addresses among ZK-rollup solutions. ZKsync with its "Ignite" program is trying to attract users back and assert its position in the layer 2 race.
The success of this program will be an important factor in determining the development of ZKsync in the future.

#Crypto_Jobs🎯 #NewsAboutCrypto #ZK #ZKsync空投争议

In the future, novices do not need to learn deeply about blockchain techniques and definitions, AI Agents will support the majority of work when entering the market.

In a recent article by 0xJeff, CEO of Stake Studio, he analyzed how DeFAI (DeFi combined with AI) is currently reshaping the future of the market-wide DeFi segment.

More importantly, DeFi solves real-world problems by providing financial services to the unbanked, eliminating intermediaries, operating 24/7, and creating a global and inclusive financial system.

However, according to Jeff, DeFi is still complicated because it is not easy to set up a wallet, manage gas fees, avoid scams or rug pulls. The ever-expanding list of layer 1, layer 2, and cross-chain ecosystems makes the barrier to entry too great for most people. Despite this, this complexity is being solved thanks to the emergence of DeFAI (DeFi + AI).

Jeff argues that DeFAI leverages artificial intelligence to make DeFi more accessible. By simplifying the interface and removing barriers, DeFAI makes managing a DeFi portfolio as easy as chatting with ChatGPT. DeFAI projects are focusing on three main areas: abstraction layers, autonomous trading agents, and AI-integrated dApps.

The abstraction layer helps hide the complexity of DeFi with an intuitive interface. Users can use natural language commands instead of navigating through complex dashboards.
In the past, platforms like Cowswap have simplified trading, but it hasn't really eliminated the confusing feeling of getting into DeFi. Now, AI-integrated solutions like Griffain, Orbit, and Neur are doing a better job of providing a seamless experience, from transaction automation (DCA) to cross-chain integration.

Currently, AI Agents have gone far beyond the concept of traditional trading bots. They learn, adapt, and make intelligent decisions based on unstructured data, rather than just taking pre-programmed actions.
Finally, AI-integrated dApps offer refreshing automation and optimization experiences. Projects such as ARMA, Modius, and Amplifi are developing DeFi applications that automate yields, manage assets, and improve the user experience. These ecosystems not only create new tools but also drive innovation in the DeFi sector.
DeFAI is completely changing the way the market sees and uses DeFi, making it smarter, simpler, and more accessible. With a combination of abstract layers, automated trading agents, and AI-integrated dApps, DeFAI is likely to usher in a new era. Instead of "DeFi Summer 2020", Jeff predicts that we are preparing for "DeFAI Summer 2025".
#cryptouniverseofficial #NewsAboutCrypto #defai #defi #AI
$FET
$1INCH