The Arweave computing platform AO Mainnet has been launched; Musk’s confrontation with Washington has become the cover of a new issue of Time magazine; the Brazilian Stock Exchange B3 will launch BTC options and ETH and SOL futures contracts; the Berachain Foundation said the second part of the airdrop will be released to wallets on February 10.
Today’s top news tips:
1. Musk’s confrontation with Washington becomes the cover of a new issue of Time magazine
2. Brazilian Stock Exchange B3 will launch BTC options and ETH and SOL futures contracts
3. DeepSeek increased 100 million users in just 7 days
4. CZ: Never purchased or owned TST, and it used the Binance Logo without authorization
5. Binance will launch Cheems (1000CHEEMS) and Test (TST) and add seed tags to them
6. Arweave computing platform AO main network has been launched
7. Berachain Foundation: The second part of the airdrop will be distributed to wallets on February 10
8. Pump.fun Lianchuang: Potential rumors of platform issuance of tokens are not true
9. More than 700 tokens were sent to Trump’s wallet after launching Meme coins
Regulation/macro
Musk’s confrontation with Washington becomes the cover of a new issue of Time magazine
Musk’s confrontation with Washington has become the cover of the latest issue of Time magazine, with Elon Musk leading a massive streamlining of the U.S. government. His Department of Government Efficiency (DOGE) has taken over the U.S. digital services sector and entered the Office of Personnel Management (OPM), laying off workers, cutting budgets, and consolidating federal agencies. In early February, DOGE attempted to forcibly enter the headquarters of the United States Agency for International Development (USAID). After being refused, Musk called it a “criminal organization” on X, and the agency was almost completely shut down.
The Trump administration authorized Musk to advance “Project 2025” reforms, with the goal of reducing the size of the government and eliminating opposition forces. Many civil servants were forced to resign because they refused to cooperate, and some senior officials of the organization were replaced. The Democratic Party and trade unions have initiated legal proceedings, and some courts have ruled to suspend relevant actions. But Musk still controls key institutions, and outsiders are concerned that government power is being excessively influenced by private entrepreneurs.
Brazilian Stock Exchange B3 will launch BTC options and ETH and SOL futures contracts
Brazilian Stock Exchange B3 will launch BTC options and ETH and SOL futures contracts to expand its range of cryptocurrency products. B3 is Brazil’s main stock exchange, with dozens of cryptocurrency exchange-traded products as well as stocks, bonds and other financial products listed.
Montana, the United States, authorizes up to US$50 million to invest in precious metals, digital assets and stablecoins with an average market value of more than US$750 billion in the previous calendar year
AI/Metaverse
DeepSeek becomes the fastest to break through 30 million daily apps
QuestMobile data shows that DeepSeek’s daily active users surpassed Doubao for the first time on January 28, and then exceeded the 30 million mark on February 1, becoming the fastest app in history to reach this milestone.
DeepSeek adds 100 million users in just 7 days
According to the IT Home AI product list, after the release of the DeepSeek R1 model on January 20 this year, DeepSeek users increased by 125 million in January (Note: Including websites (Web) and applications (Apps), there is no duplication). Among them, more than 80% of users came from the last week of January, that is, DeepSeek achieved a growth of 100 million users in seven days without any advertising.
project dynamics
Binance Alpha adds TST
The App page shows that Binance Alpha has added TST.
Binance will launch Cheems (1000CHEEMS) and Test (TST) and add seed tags to them
According to an official announcement, Binance will launch Cheems (1000CHEEMS) and Test (TST) and add seed tags to them. The launch time is February 9 at 19:00 (UTC+8).
Bitget will launch Test (TSTBSC) in the Innovation and Meme section
According to an official announcement, Bitget will launch Test (TSTBSC) in the Innovation and Meme section. Trading opening hours are February 9 at 18:00 (UTC+8).
Ethereum block Gas cap increased to 36M, L1 transaction volume increased by 20%
According to the technical update forwarded by Vitalik, Ethereum L1 recently completed a dynamic adjustment of the block Gas limit, increasing it from 30M to 36M, which will increase L1 transaction throughput by 20%, and is expected to reduce transaction fees by 10% to 30%.
The adjustment is not decided by any single entity, but is the result of the validator gradually adjusting the parameters and reaching consensus. Currently, 49.5% of verifiers have reported using the 36M Gas upper limit.
Arweave computing platform AO main network is online
After a year-long test-net phase, the decentralized storage project Arweave officially launched the main-net version of its computing platform AO. Native tokens previously minted and distributed to AR holders and testnet depositors will be transferable after the mainnet is launched.
AO, dubbed a “ultra-parallel computer” by developers, introduces a distributed computing environment with parallel processing capabilities. Arweave’s permanent data storage supports AO operations, ensuring that data is immutable and permanently accessible. According to core developers, AO will support a new wave of dapps, including on-chain autonomous agents that focus on AI coordination.
The launch of the AO Mainnet was accompanied by the final release of its native token, which was separate from Arweave’s AR token. The maximum supply limit for AO tokens is 21 million, echoing Bitcoin’s model. The AO team said it adopted a fair issuance allocation model to distribute tokens to users who bridge assets to the platform and existing AR token holders.
Based on holdings, 36% will be allocated to AR holders over time. The remaining 64% is set aside as economic growth incentives, particularly to bridge assets into the AO, which includes rewards for users who deposit assets such as DAI and stETH into the AO ecosystem. Prior to its release, more than $700 million had been pre-bridged to the AO testnet.
Arweave launched AO’s public test network in February 2024. By June, AO announced its native token AO, as well as token economics and reward mechanisms. The main function of AO tokens is to protect messaging within the network through system incentive proof.
Berachain Foundation: The second part of the airdrop will be distributed to wallets on February 10
The Berachain Foundation tweeted that the second part of the Berachain airdrop will be released to wallets on February 10. Top X yapper and Discord users (Berachain + Bong Bear NFT servers). Use KaitoAI and Cookie3 data’s engagement index to identify Yapper.
Recipients of the RFB program (applications and communities). More than 200 ecosystem projects and community members received tokens through the foundation’s RFB program. dApps must use 70% of their allocation for future main-network rewards and liquidity incentives. Airdrop recipients must register their wallets before 11:59 pm EST on February 9 to receive the allocated tokens. Tokens will be collected on February 10.
Market news: Pump.fun is planning to issue tokens in the Dutch auction model
Crypto KOL He Coin (@hebi555) tweeted that Pump.fun is planning to issue tokens and conduct public offerings, will adopt the Dutch auction model, and is currently cooperating with major centralized exchanges to develop public offering procedures. Pump.fun is facing a class action lawsuit in the United States, which some say may have a certain impact on coin issuance.
Pump.fun Lianchuang: Potential rumors of platform issuance of tokens are not true
Alon, co-founder of pump.fun, posted on the X platform: “It is wrong to see rumors about potential pump.fun tokens. It is recommended not to listen to any news that is not directly from the official. Although the team has been mainly committed to improving the product during the one-year development process, it has always been committed to providing appropriate rewards to users.”
Indian crypto exchange WazirX releases creditor list and balance snapshot
Indian crypto exchange WazirX tweeted that it has released a preliminary creditor list and a July 18 balance snapshot page within its WazirX app to ensure full transparency in the restructuring process.
Creditors can check the amount of their claims (in US dollars) through a unique UUID. The list is arranged in descending order of the value of the claims and can be searched using UUID. The “Find my balance” option is also available for easy access. Creditors can also view claim information of other creditors by submitting inspection requests (using UIDs instead of personally identifiable information). Creditors can view a snapshot of the balance as of 13:00 (Indian Standard Time) on July 18, 2024, including the token balance and subsequent deposits.
views
CZ: Never purchased or owned TST, he used the Binance Logo without authorization
CZ tweeted that TST already has a website and an X account, neither of which are produced or controlled by BNB Chain or any Binance-related team, but are controlled by community members, and the specific person in charge is unclear. They used Binance’s Logo without authorization, which was an infringement and needed to be changed. It is recommended to use logos similar to “pass the test”. Like all meme coins, he has never purchased or owned TST and is currently operated entirely by the community.
CZ again declares that it has nothing to do with TST tokens
CZ responded to the comment that “BNB is clearly one of the strongest assets in the market right now.” CZ has always been a builder, and when it tweeted that it is about to make BNBChain great again,”It’s not just me, but also the community I live in.” TST tokens have nothing to do with me.”
Today morning news, CZ said that it had never purchased or owned TST, and that it used the Binance Logo without authorization.
important data
NFT trading volume fell 33% month-on-month to $119.5 million in the past seven days
CryptoSlam data showed that the NFT market cooled down this week, with total turnover falling from US$137.9 million to US$119.5 million, a decrease of 33% from the previous week.
Ethereum Network fell 38.43% month-on-month, but still remained first with a turnover of US$62.6 million, with the number of buyers falling 71.26% month-on-month to 16,852;Mythos Chain rose to second place, with a turnover of US$13.9 million, a month-on-month increase of 4.66%. Solana ranked third with a turnover of US$11 million, a month-on-month decrease of 32.56%.
Although turnover fell 37.55% to $9.1 million, the Fat Penguins still maintained their lead. Buyers ‘interest in the series is stable, with a total of 172 participants. DMarket ranked second with a transaction volume of US$8.7 million, an increase of 7.98%, and the number of transactions remained high at 322,241. Courtyard remained third with a turnover of US$7.3 million, a month-on-month increase of 25.78%, attracting 10,935 buyers. CryptoPunks fell to fourth place with a turnover of US$5.2 million, down 30.01%, while Azuki fell to fifth place with a turnover of US$5 million, down 79.17%.
Deals worth watching this week include:
- CryptoPunks #8868: US$558,008 (206 ETH)
- Autolyphs #320:$309,450 (100 WETH)
- Autolyphs #491: US$267,998 (100 WETH)
- CryptoPunks #7585: US$242,639 (85 ETH)
- Autolyphs #331: US$235,343 (87.0107 WETH)
The Ethereum Foundation transferred 50,000 ETH to a multi-signature wallet for participating in DeFi 3 hours ago
On-chain analyst Ember monitored that the Ethereum Foundation transferred 50,000 ETH (US$131.66 million) to a multi-signing wallet used to participate in DeFi three hours ago.
More than 700 tokens were sent to Trump’s wallet after launching Meme coins
According to FT, in the three weeks after Trump launched Meme, more than 700 types of altcoins and junk coins have been sent to Trump’s digital wallet. There are 736 different memecoin in Trump’s official wallet. Among them, nearly 200 memecoin, including “OFFICIAL TRUMP” and “OFFICIAL MELANIA”, are named after Trump or his family, but have nothing to do with the president.
Of the 192 tokens named after Trump or his family, 167 are altcoins, while 67 use the word “official” in their names. There are 35 tokens with the word “Elon” or “Musk” in their names, apparently referring to Tesla CEO and Trump allies. Unauthorized tokens also target Trump’s children: 30 mention Barron, 26 mention Ivanka, and 10 mention Eric. Eswar Prasad, a senior fellow at the Brookings Institution, said that Trump’s involvement in Meme “opens the floodgates to fraud and rampant speculation” and that ordinary investors buying memes “will only expose them to huge risks.”
A giant whale suspected of selling 8139 ETH units that it opened two years ago, and would make a profit of US$10.125 million if sold.
Chain analyst@ai_9684xtpa monitored that the Ethereum giant whale is suspected of selling 8139 ETH units worth US$21.18 million that were opened two years ago. This address once submitted 13459 ETH pieces from Binance and FTX from August 2021 to December 2022, with an average price of US$1358; if sold this time, it will make a profit of US$10.125 million.
Whales that previously traded TST profits of more than $150,000 bought 4.81 million TST
According to Onchain Lens monitoring, a whale spent 1.94 million USDT to purchase 4.81 million TST. Previously, the whale spent 49,900 USDC to buy 5.31 million TST and sold it for 205,000 US dollars, making a profit of 155,000 US dollars.