1. Total market value of DeFi tokens: $49.754 billion
DeFi Total Market Cap Data Source: coingecko
2. Trading volume of decentralized exchanges in the past 24 hours: $75.37
Trading volume of decentralized exchanges in the past 24 hours. Data source: coingecko
3. Assets locked in DeFi: $100.513 billionbillion
Top 10 DeFi Projects by Locked Assets and Total Value Locked. Data Source: defillama
1. Total Market Value of NFTs: $8.081 billion
2.24 hour NFT transaction volume 1.512 billion USD
Toutiao
US SEC Files Market Manipulation Charges Against Three Crypto Market Makers
The US Securities and Exchange Commission (SEC) has filed market manipulation charges against three crypto market makers—ZM Quant, Gotbit, and CLS Global. The SEC accuses these three companies of using algorithms to create fake trading, generating artificial trading volume, and deceiving retail investors. Simultaneously, the SEC has also indicted nine individuals, including promoters and company employees, accusing them of employing manipulation services and executing meaningless trades, violating anti-fraud and registration provisions of securities laws. As part of the investigation, the FBI conducted a sting operation through a fictitious token called NexFundAI, revealing the companies' willingness to participate in fake trading. This case has led to the indictment of 15 entities and triggered related criminal prosecutions.
1. Polymarket
Polymarket is considered not only a prediction tool, but also an engine for "creating topics" and public opinion, with arbitrage opportunities still existing under extreme emotions and information asymmetry. Its direct competition with Kalshi's offline marketing has accelerated the spread of prediction markets beyond their core audience and strengthened expectations for token issuance and airdrops. In the long run, the combination of prediction markets with live streaming and community data analysis is considered to have infrastructure-level potential.
2. Base
The Base ecosystem has seen significant improvements in wallet and transaction infrastructure, but overall liquidity is lower than some participants expected. The current narrative focuses on the Base AI track, with a slower pace, making it more suitable for quick in-and-out trading strategies.
Official promotion of projects like OpenClaw has made Base an important platform for learning and experimenting with on-chain AI. OpenClaw is considered a representative infrastructure for on-chain AI agents, forming a relatively complete application ecosystem on Base. Its highlights include low-cost deployment, Skill-based first-class citizen design, and social automation experience. Some argue that its popularity stems more from community experimentation and usability, with limited direct impact on the crypto narrative. Moltbook, as an AI agent platform, has gained attention due to its millions of active agents and its collaboration with USDC on a hackathon. Circle/USDC's direct involvement strengthens its potential in AI+financial applications. Some users have already increased their MOLT holdings, but the overall hype is still considered experimental and meme-driven. 5. Opinion Opinion has officially entered Binance Alpha and Booster, and completed a $20 million funding round, establishing its core position in the prediction market sector. Although the expected FDV on the first day was lowered, the approaching airdrop and TGE still attracted a large number of participants. The market generally believes that its token issuance pace will become an important indicator of the prediction market trend. Action Signals
1. Binance | AI Face-Swapping Scam Account Alert
2. Warden | TGE and Airdrop Open
3. Bybit | BIRB Trading Rewards Program
4. OKX | SENT and ZAMA Trading Competition
5. Miden | Testnet Launch and Open for Testing
Source: BlockEcho.one
1. Ethereum Treasury BitMine's Ethereum Portfolio Value Has Fallen to $9.1 Billion
According to Jinse Finance, market sources indicate that the value of Ethereum's portfolio held by Ethereum treasury company BitMine has fallen to $9.1 billion, recording a paper loss of nearly $7.3 billion. Holding Cost: The average purchase price of Ethereum held by this treasury company is $3,825.
2. Vitalik: New EVM Chains Should Be Innovative and Genuinely Dependent on Ethereum, Avoiding Blind Copying
According to Jinse Finance, Ethereum founder Vitalik Buterin stated that many newly built EVM chains are simply copying existing architectures or connecting to Ethereum via optimistic bridges with a one-week delay. This approach is similar to repeatedly copying Compound in governance; while "comfortable," it exhausts innovation in the long run, leading the ecosystem into a dead end. If the new chain is not connected to Ethereum's optimistic bridges (i.e., a pure replacement of L1), the situation is even worse. What the ecosystem truly needs are projects that bring new features, such as privacy protection, application-specific efficiency, or ultra-low latency. The form of "Ethereum connection" must match the actual functionality. For example, prediction market applications can issue and settle markets and manage user accounts on L1, but transaction execution occurs in a Rollup or L2 system, verifying signatures and market states through L1. A deep connection to L1 architecture should be the priority, rather than a formal bridge for approval.
3. Polymarket team member accuses Kalshi of data fabrication, claiming its esports trading volume was exaggerated by 26 times
On February 5th, shampoo, a member of the prediction market platform Polymarket, posted on social media accusing competitor Kalshi of fabricating data to exaggerate its esports trading volume.
Shampoo stated that the platform artificially inflated its trading volume by approximately $1.7 billion by adding a generalized "esports" category, while actual data shows its esports trading volume was only about $63 million, less than 10% of Polymarket's esports trading volume. Furthermore, Kalshi also double-counted the CS market by referring to both CS:GO and CS2. Shampoo stated on social media that users can verify this by checking the API data in their network requests.
4. Aztec Passes TGE Proposal, Token Transfers Open on February 12
Jinse Finance reports that the Aztec community has completed voting and passed the AZTEC token TGE proposal. According to the proposal, tokens purchased through the CCA auction and Uniswapv4 liquidity pools, as well as all accumulated block rewards, will be open for transfer starting at 15:00 Beijing time on February 12.
5.SBI Holdings Releases Layer 1 Proof-of-Concept for Tokenized Equities Developed in Collaboration with Startale Group
Jinse Finance reports that Tokyo-based financial giant SBI Holdings is collaborating with Startale Group, the blockchain development company behind Sony's Layer 2, to jointly build a customized Layer 1 blockchain. The new network, named Strium, will be specifically designed for real-world assets (RWAs), with a focus on supporting security tokenization. This move comes at a time of surging interest in on-chain equities, with the market leveraging blockchain to build entirely new 24/7 spot and derivatives stock markets. Companies including crypto-native company Kraken, established fintech company Robinhood, and even traditional institutions like the New York Stock Exchange (NYSE) are rapidly advancing on-chain equity capabilities.
Scroll, a zkEVM-based zkRollup on Ethereum, recently completed its Curie upgrade, significantly reducing gas fees. As a highly anticipated ZK-rollup project, Scroll has hinted at an "incentive network" to encourage participation, suggesting a potential airdrop.
CatherineDropnest simplifies airdrop farming by offering a one-click solution that eliminates the need for extensive research and complex processes. With secure smart vaults and a transparent, user-friendly platform, users can easily participate in multiple airdrops and maximise their rewards.
WeatherlyCraig Wright, who claimed to be Bitcoin's creator Satoshi Nakamoto, updated his website under court order with a legal notice denying this assertion. After 8 years, is this truly the end of the Bitcoin authorship saga?
KikyoSouth Korea's new Virtual Asset User Protection Act, effective July 19, 2024, aims to safeguard users and regulate virtual asset markets by mandating strict monitoring of transactions and preventing unfair practices. This legislation also addresses concerns over market monopolization, particularly regarding Upbit's significant market share and its partnership with K Bank.
AnaisForgotten Playland, a free-to-play social party game launched in late April, takes players to an abandoned attic with plush toy characters called PlushKyns. This whimsical world continuously evolves, with new content added monthly.
CatherineKiloEx is a new player in the DEX arena, backed by established players like Binance Labs and Foresight Ventures, aiming to provide a user-friendly experience with high leverage and innovative features like copy trading and risk management tools.
AnaisEthereum co-founder Vitalik Buterin urged voters not to support candidates solely for being pro-crypto in a recent blog post. This sparked diverse reactions, especially among Trump supporters and conservative voices.
KikyoPixelverse and Pudgy Penguins have teamed up to blend NFT collectibles with gameplay, expanding both brands' reach in the Web3 community. Pixelverse's growth, fueled by strategic partnerships and funding, positions it as a leading player in crypto gaming, aiming to make blockchain technology accessible through innovative game mechanics.
JoyBlum, a hybrid crypto exchange within Telegram, plans to launch a comprehensive product with swaps, wallets, and perpetual contracts, by the end of this year. A potential token launch is on the horizon too.
CatherineCatizen's Play-to-Airdrop game is gaining massive attention with significant investments from The Open Platform (TOP) and HashKey Capital, thanks to its engaging gameplay and strong integration with the TON blockchain. With 25 million players and innovative AI-powered features, Catizen is set to make a major impact in the GameFi world.
Anais