$BTC Crypto project Berachain announces mainnet and token launch on February 6
The project started as an NFT collection, around which a large community formed, subsequently attracting the attention of venture capitalists. In April 2024, Berachain raised $100 million in a funding round led by Brevan Howard Digital and Framework Ventures, reaching a valuation of $1.5 billion.
The Berachain token launch will take place simultaneously with the mainnet deployment. The developers have promised to publish the details of the tokenomics as well as the airdrop verifier on February 5.
Chinese AI startup DeepSeek has unveiled its R1 model, achieving performance comparable to leading U.S. AI systems at a fraction of the cost. The breakthrough has caused significant disruption in global tech markets, including a substantial drop in stocks of major U.S. tech companies. The U.S. Navy responded by banning the use of DeepSeek’s AI application among its personnel, citing security concerns. Industry experts are now debating the implications of China’s rapid advances in artificial intelligence.
January 2025 saw a sharp rise in cryptocurrency thefts, with hackers damaging the sector to the tune
⏺ Two significant attacks were responsible for the majority of the damage; the biggest one occurred on the Singaporean exchange Phemex, and the second-largest damage occurred on the decentralized platform Moby Trade.
⏺ The most vulnerable network was Binance, which experienced ten successful hacks, or half of all incidents. With losses exceeding $69 million, or 93% of the total damage, centralized financial services (CeFi) incurred the biggest losses.
$XRP Ripple(XRP) the SEC has removed the case against XRP from their website. That is probably the big news which will be announced in 1 hour at the XRP community day in about half an hour.
#XRPETFIncoming? JUST IN: Ondo Finance plans to launch its tokenized US Treasury fund, OUSG, on the XRP Ledger within six months, enabling redemptions with Ripple's RLUSD stablecoin and offering a 4.16% APY.
$BTC ANALYSIS: Bitcoin whales are accumulating over 22,770 BTC through OTC purchases, signaling potential bullish momentum in the market, per CryptoQuant.
Experts have assessed Bitcoin’s current market position, emphasizing that it is going through a transition phase. Analysts note that BTC has shown resilience despite volatility. Institutional interest and ETF flows continue to support its value. However, macroeconomic factors and regulation may affect its future growth. Some predict a bullish phase, while others call for caution. The coming months will be crucial for its long-term evolution.
$BTC JUST IN: The TON Core team plans major updates for H1 2025, including an Accelerator Kernel update, validator tools, Payment Network Layer 2, TOLK 1.0 enhancements, and TON-BTC Teleport support.
A major attack cost a SUI token holder $29 million. The hacker exploited a vulnerability in a smart contract linked to the SUI blockchain. Security experts are investigating the incident to determine how the breach occurred. The event represents one of the largest losses for an individual user in recent months, raising questions about the security of DeFi protocols.
#MarketPullback Elon Musk Considers Blockchain for Public Payments
According to Bloomberg, Elon Musk is exploring the possibility of integrating blockchain technology into public payment systems. The move aims to improve the security, transparency, and efficiency of transactions. The project is still in its early stages, with technical feasibility studies underway. If implemented, it could transform government payment systems globally.
$SOL SEC Opens Doors for Banks to Enter Cryptocurrency Market
The SEC has rescinded SAB 121, which imposed strict accounting rules on banks dealing with cryptocurrencies. The move is expected to encourage banks to increase their presence in the crypto market. Experts believe that the move will foster a more accessible environment for institutions looking to integrate blockchain technologies. The crypto community welcomes this as a positive step towards mass adoption.
According to the Digital Assets Research Institute (DARI), Bitcoin mining has saved the state of Texas up to $18 billion by serving as an alternative to building new gas-fired power plants.
After some unfavorable weather in 2021, Brad Jones, CEO of the Electric Reliability Council of Texas (ERCOT), has been looking for alternatives to traditional gas-fired power plants. Mining companies can reduce their energy consumption during periods of high demand, stabilizing the power system and keeping electricity prices low for Texans.
Former US President Donald Trump has unveiled an ambitious $500 billion investment plan to boost the development of artificial intelligence (AI) in the United States. The initiative aims to maintain the country's leadership position in AI, encourage innovation and create thousands of tech jobs. Trump highlighted the crucial role of AI in ensuring economic growth and national security in the future.