Jan
29

Wednesday

5:37
BTC falls below $101,000, down 1.77% on the day

According to PANews on January 29, the OKX market showed that BTC had just fallen below $101,000 and is now trading at $100,954.60 per coin, down 1.77% on the day.

5:25
Ripple exec ‘hopeful’ next SEC chair will withdraw enforcement case

The US Senate had not yet scheduled a hearing to consider Donald Trump’s nomination of Paul Atkins to head the Securities and Exchange Commission.

4:55
ETH falls below $3,100, down 2.57% on the day

According to PANews on January 29, the OKX market showed that ETH had just fallen below $3,100 and is now trading at $3,099.69 per coin, down 2.57% on the day.

4:47
XRP’s DEX clocking $17M daily volume — CEO

XRP Ledger’s decentralized exchange has seen a total of more than $1 billion in swap volume since launching in 2024, according to Ripple’s CEO.

2:54
US Senator calls crypto regulation ’a matter of national importance’

Lawyers for Cynthia Lummis filed an amicus brief as part of Coinbase’s appeal over a ruling in its case with the SEC, claiming the commission “flouts” its enforcement authority.

1:10
BTC breaks through $103,000, up 0.25% on the day

According to PANews on January 29, the OKX market showed that BTC had just broken through $103,000 and is now trading at $103,032.30 per coin, with a daily increase of 0.25%.

0:11
French prosecutors probe Binance over money laundering, fraud allegations: Report

The Paris Public Prosecutor’s Office reportedly launched a probe into the crypto exchange’s activities between 2019 and 2024.

0:01
X and Visa cooperate to provide digital wallet services to users through X Money, which is expected to be launched in Q1

PANews reported on January 28 that Linda Yaccarino, CEO of X Platform, announced a partnership with Visa to provide digital wallet services to users through the "X Money" account, including fund top-up, bank transfer and peer-to-peer payment functions. It is reported that X Money is expected to be launched in the first quarter of this year. This cooperation is part of Elon Musk's vision of building a "super app" similar to WeChat, and marks an important step for the X platform into the field of digital payments. The X platform is popular among cryptocurrency enthusiasts, and in the future X Wallet may support the storage of digital assets such as Bitcoin. As an important partner in the field of digital payments, Visa will provide X users with a more convenient payment experience. According to previous news, X Platform’s payment system “ X Money ” may be launched soon, but the license has not yet covered all states in the United States .

0:00
Movement Network launches developer mainnet, will launch public mainnet beta and multi-asset liquidity program Cornucopia in February

According to PANews on January 29, Movement Network Foundation announced the launch of the developer mainnet to open core infrastructure, select partners and DeFi protocol deployment, and release technical documentation and developer resources. At the same time, Movement announced the launch of a multi-asset liquidity program called Cornucopia, which will be launched simultaneously with the public mainnet Beta, aiming to provide basic support for DeFi applications and achieve deeper market efficiency. The public mainnet Beta will be launched in mid-February, supporting full network functionality, providing cross-chain bridge support through LayerZero, and permissionless DApp deployment. It is reported that Cornucopia will provide multiple specialized asset pools, including BTC asset pool (supporting Lombard, Lorenzo BTC and SolveBTC), ETH asset pool (supporting EtherFi and Renzo) and $MOVE asset pool (supporting Thunderhead, Movernance and Meridian). In addition, a $100 million Ethena stablecoin asset pool will be established. Earlier news, Trump's encryption project WLFI bought about $470,000 of MOVE.

23:57
Sushi Labs acquires Shipyard Software to advance DeFi liquidity

PANews reported on January 28 that Sushi Labs announced the acquisition of DeFi infrastructure company Shipyard Software to solve key problems in decentralized finance, including alleviating impermanent loss, optimizing liquidity supply, and improving multi-chain transaction efficiency. Shipyard Software's core products include Blade and Kubo: Blade is a new generation AMM that uses an innovative RFQ system to optimize on-chain pricing, eliminate impermanent loss, and improve transaction execution; Kubo is an advanced liquidity solution that supports unilateral pledge and long-tail asset trading with up to 100x leverage. Both will be integrated into the Sushi ecosystem to further promote decentralized financial innovation.

23:45
Symbiotic is now available on the Ethereum mainnet, allowing any ERC-20 token to be used for staking

PANews reported on January 28 that Symbiotic, a provider of re-staking infrastructure, announced that it will launch on the Ethereum mainnet today, becoming the first fully permissionless re-staking protocol running in a production environment. The protocol allows users to stake any ERC-20 token and implements a slashing mechanism to ensure network security. Several projects have planned to deploy applications based on Symbiotic, including Chainbound and Router. Earlier news reported that the fully homomorphic encryption network Mind Network completed a US$10 million Pre-A round of financing, with Animoca Brands and others participating in the investment .

23:32
You should ‘go and build’ your own AI agent: Jesse Pollak, X Hall of Flame

Base creator Jesse Pollak says AI + Crypto is “just getting started” and users can easily build an AI agent to make money: X Hall of Flame

23:30
In the past 24 hours, the total network contract liquidation was 234 million US dollars, both long and short positions were liquidated

PANews reported on January 28 that Coinglass data showed that in the past 24 hours, the cryptocurrency market had a total contract liquidation of $234 million, of which $119 million was for long orders and $115 million was for short orders. The total amount of BTC liquidation was $65.1781 million, and the total amount of ETH liquidation was $52.8129 million.

23:29
Ripple CEO confirms he discussed with Trump the possibility of using XRP as a U.S. strategic reserve asset

PANews reported on January 28 that according to Walter Bloomberg, Ripple CEO Garlinghouse confirmed that he had discussed with Trump the possibility of using XRP as a strategic reserve asset for the United States, and emphasized that reserves should be diversified, while refuting the claim of trying to suppress Bitcoin. He pointed out that the crypto industry has huge opportunities and there will be multiple winners in the future.

23:18
Push Chain and Morph Collaborate to Unlock New Use Cases such as Privacy-Preserving AI Proxy Networks and Cross-Chain Prediction Markets

PANews reported on January 28 that Web3 communication protocol Push Chain announced a partnership with Ethereum Layer 2 solution Morph to provide users with a seamless cross-chain experience. Morph users can expand to non-EVM chains such as Solana, and ordinary Internet users can also easily enter its encrypted ecosystem through social accounts. The collaboration also unlocks a variety of new use cases, including privacy-preserving AI proxy networks, cross-chain prediction markets, and universal token issuance platforms, bringing higher liquidity and user engagement to the Web3 ecosystem. Push Chain currently runs a developer network on the PoS network and supports cross-chain transaction simulation capabilities.

23:04
Blockchain technology needs to become invisible to go mainstream

We already know the answer to solving the mainstream adoption problem. Abstracting complexity, focusing on user experience and integration with existing platforms will enable success.

23:01
Coinbase gets approval to expand services to Argentina

PANews reported on January 28 that the cryptocurrency exchange Coinbase announced that it has obtained the registration approval of the Virtual Asset Service Provider (VASP) of the Argentine National Securities Commission (CNV) and officially entered the Argentine market. According to Coinbase data, about 5 million Argentines currently use cryptocurrencies every day. The Argentine business will be led by Matìas Alberti, who has worked in financial technology at Buenbit and Clara.

22:50
Sources: Multiple companies are discussing potential applications of blockchain technology with Musk’s DOGE team

PANews reported on January 28 that according to sources, several companies are discussing the potential application of blockchain technology with Musk's DOGE team. Bloomberg reported that Musk's DOGE team is evaluating blockchain technology to promote efforts to improve government efficiency. Earlier news said that Musk is exploring the use of blockchain technology to improve the efficiency of the US government .

22:39
MOVE breaks through $0.82, up 12.38% in 24 hours

PANews reported on January 28 that according to OKX market data, MOVE broke through $0.82, up 12.38% in 24 hours, and is currently quoted at $0.8195. Earlier news, Trump's encryption project WLFI bought about $470,000 of MOVE .

22:32
"Blade" screenwriter launches AI and blockchain-driven sci-fi project "Emergence" to be launched on Story Protocol platform

PANews reported on January 28 that David S. Goyer, screenwriter of The Dark Knight and Blade, launched a sci-fi project called Emergence based on blockchain and AI, aiming to subvert the traditional Hollywood model through a decentralized creation platform. The project was launched on Story Protocol's Incention platform on January 28, using smart contracts to record the community's contribution to intellectual property and pay rewards through cryptocurrency. Goyer created the story framework of the project, planning to create an open world similar to "Star Wars" or the Marvel Universe, allowing professional and ordinary creators to participate in the creation. The AI assistant Atlas will be responsible for reviewing ideas and ensuring content consistency. Currently, about 500 creators have participated in the test, and plans are to launch comics, animations, novels, and film and television works in the next five years.

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