Vitalik discusses the design of creator tokens and proposes the establishment of a non-tokenized DAO
Vitalik Buterin published on the X platform, exploring the design ideas of creator tokens. He stated that over the past decade, the cryptocurrency industry has been ineffective in content incentives, with the core issue being the imperfect mechanism for selecting high-quality content. Especially now that AI can generate a large amount of content at a low cost, the industry's focus should shift to 'identifying and amplifying high-quality content.' He believes that the key to Substack's success is the proactive selection of quality creators rather than relying solely on mechanism design. In response to the existing problem of 'high-impact users dominating the rankings' for creator tokens, Vitalik proposed establishing a non-tokenized creator DAO, where members vote to select creators, while also allowing creators to issue personal tokens. If they enter the DAO, they can use DAO profits to buy back and destroy tokens, reducing pure speculation and improving screening efficiency.
FTX is expected to launch a new round of fund distribution on March 31.
FTX creditor representative Sunil (FTX Creditor Champion) disclosed that FTX plans to launch a new round of fund distribution work on March 31.
The US Democrats rejected a fast track for the funding plan, potentially extending the government shutdown.
House Democratic leader Hakeem Jeffries stated that he will not assist the Republicans in quickly passing the federal government funding plan. US media reports indicate that this means the government shutdown may last longer than expected. Previously, the Senate passed funding bills for several departments for the remainder of the fiscal year on January 30, which require the House's review, but the House is currently in recess and will not vote until February 2 at the earliest. As multiple federal departments ran out of operating funds on January 30, the US government has been in partial shutdown since January 31 at midnight.
Global tax authorities are targeting offshore crypto assets, marking the end of the "cash in a suitcase" era.
The OECD's (Crypto Asset Reporting Framework) (CARF) will take effect in over 50 countries in early 2026, and national tax authorities are accelerating the global exchange of information on offshore crypto accounts. This means that exchanges and crypto service providers will need to report account and transaction data to tax authorities, with less and less room to evade reporting through DeFi and mixers, and the compliance and enforcement risks of unreported crypto assets have significantly increased.
SBF tweeted multiple times in support of Trump's crypto stance, criticizing Biden's policies.
FTX founder Sam Bankman-Fried (SBF) recently tweeted multiple times on platform X, stating that President Trump is correct on cryptocurrency issues, while Biden has messed up the crypto industry. These tweets came a few days after the release of former Alameda Research CEO Caroline Ellison. SBF also praised Trump's initiatives in other areas, while stating that all world leaders he has encountered are dissatisfied with Biden, criticizing Biden for choosing Gary Gensler as the chair of the SEC. In addition, crypto prediction platform Polymarket data shows that traders currently estimate the probability of Trump pardoning SBF before 2027 to be 17%.
The crypto protocol CrossCurve was attacked, with approximately $3 million in funds stolen.
The crypto protocol CrossCurve announced that its cross-chain bridge was attacked, with reports indicating that multiple networks had a combined loss of $3 million. The protocol stated on platform X on Sunday evening that the attackers exploited a vulnerability in one of the smart contracts to carry out the attack and reminded users to pause all interactions with CrossCurve during the investigation. Blockchain security account Defimon Alerts disclosed that the attack originated from a vulnerability in a smart contract, allowing the attacker to forge messages and bypass verification, thereby unlocking tokens and damaging multiple networks.
Jupiter announced the integration of the prediction market Polymarket.
Jupiter announced on platform X that it will integrate with prediction market Polymarket, allowing users to directly use Polymarket's related services through the built-in "prediction" feature in the Jupiter App.
"Wood" suggests diversification in investments, recommending BTC, ETH, SOL, and HYPE.
ARK Invest CEO "Wood" Cathie Wood responded to investors' questions about what to invest in after gold corrections, stating that contrary to mainstream views, she believes Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and HYPE are good diversification options. She also mentioned that since the beginning of 2020, the correlation between Bitcoin and gold prices has only been 0.14, and in the past two Bitcoin bull markets, gold rose before Bitcoin.
Michael Saylor again released Bitcoin Tracker information, possibly indicating an increase in holdings.
Strategy founder Michael Saylor once again released content related to the Bitcoin Tracker, simply stating "More Orange". According to past patterns, Strategy typically discloses specific information about increasing Bitcoin holdings the day after he releases related news.
CryptoQuant CEO: As long as Strategy does not sell off significantly, the market will not crash by 70%.
CryptoQuant CEO Ki Young Ju stated on social media that the current decline in Bitcoin prices is mainly due to persistent selling pressure and a lack of new funds flowing in. Early holders have been taking profits since early last year, leveraging ETF and MSTR buying support, and the strong inflows that previously supported Bitcoin around $100,000 have now dried up. However, he also pointed out that MSTR is the main driver of this round of price increase, and as long as Saylor does not significantly sell off his holdings, the market will not experience a 70% crash like in previous cycles. The current market bottom has not yet been clearly defined and is likely to enter a wide-ranging consolidation.
"1011 Insider Whale" has cumulatively deposited over 106,000 ETH into Binance, still holding over 460,000.
According to on-chain analysts, the "1011 Insider Whale" has cumulatively deposited 106,183.97 ETH into Binance, worth about $257 million, with an average deposit price of $2,427.88. Currently, this whale still holds 469,642.98 ETH on-chain, valued at approximately $1.11 billion.
Trend Research has deposited 10,000 ETH into Binance, likely to sell to repay debts.
According to Onchain Lens monitoring, Trend Research has deposited 10,000 ETH into Binance, valued at approximately $24.35 million. The market speculates that the institution will likely sell this ETH to repay maturing loans.
The government of Bhutan transferred 100 BTC to QCP Capital.
According to market news, the government of Bhutan transferred 100 Bitcoins (BTC) to QCP Capital, with the specific purpose of the transfer not disclosed.
A member of the UAE royal family secretly acquired 49% of World Liberty Financial for $500 million.
A senior member of the UAE royal family secretly acquired 49% of Trump’s cryptocurrency project World Liberty Financial for $500 million, with details of the acquisition not publicly disclosed.
Tokens like HYPE, BERA will have large unlocks this week, with HYPE unlocking over $300 million in value.
Token Unlocks data shows that this week several tokens will have large unlocks, with the specific arrangements as follows: Hyperliquid (HYPE) will have approximately 9.92 million unlocked at 8 AM on February 6 (Beijing time), accounting for 2.79% of the circulating supply, valued at approximately $305 million; Berachain (BERA) will have approximately 63.75 million unlocked at 9 PM on February 6 (Beijing time), accounting for 41.7% of the circulating supply, valued at approximately $30.8 million; XDC Network (XDC) will have approximately 841 million unlocked at 8 AM on February 5 (Beijing time), accounting for 5.00% of the circulating supply, valued at approximately $29.3 million; Ethena (ENA) will have approximately 40.63 million unlocked at 3 PM on February 2 (Beijing time), accounting for 0.55% of the circulating supply, valued at approximately $5.7 million.
The Speaker of the House expressed confidence in ending part of the government shutdown by Tuesday.
House Speaker Johnson stated in an NBC News interview on Sunday that he has gained Republican support and is confident in ending part of the government shutdown before Tuesday. He mentioned that the current practical issue is that a snowstorm is affecting transportation in the southeastern United States, making it difficult for lawmakers to return to Washington on time.
Trump jokingly stated: If Federal Reserve nominee Waller does not lower interest rates, he will sue him.
"Fed mouthpiece" Nick Timiraos revealed on platform X that Trump joked at an event the day after announcing Kevin Waller as Fed chair, stating that if Waller does not lower interest rates after taking office, he will sue Waller.
Trump: Federal Reserve nominee Waller may receive Democratic votes, hopes he will lower interest rates.
US President Trump stated that he believes Federal Reserve nominee Waller may receive support from Democratic lawmakers, and he clearly expressed his hope that Waller will promote the Federal Reserve to lower interest rates after taking office.
The probability of the Federal Reserve maintaining interest rates in March is 84.7%, while the probability of a rate cut is only 15.3%.
CME's "Fed Watch" data shows that the probability of the Federal Reserve maintaining current interest rates in March is 84.7%, while the probability of a 25 basis point rate cut is 15.3%. By April, the cumulative probability of a 25 basis point rate cut is 29%, the probability of maintaining interest rates is 68%, and the cumulative probability of a 50 basis point cut is 3%; by June, the cumulative probability of a 25 basis point cut rises to 49.5%.
Disclaimer: The content of this article is for reference only and does not constitute any investment advice. Investors should consider their own risk tolerance and investment goals when viewing cryptocurrency investments and should not blindly follow trends.
