On January 23rd, Rus Yusupov, co-founder of short video platform Vine, announced the release of VINECOIN on the X platform and released a video to confirm that the account was not stolen. VINECOIN's market value once exceeded 20 million US dollars. Mr. Musk had previously said on January 19 that the X platform was considering restarting Vine, a well-known six-second short video platform owned by Twitter that was founded in 2012 and shut down its core service in 2017.
Dennis Porter, co-founder and CEO of the Satoshi Action Fund (SAF), posted on social media that he met with U.S. lawmakers to discuss a proposal to establish a "strategic bitcoin reserve" and said "now is the time."
According to Jin Ten, the People's Bank of China and other five departments jointly issued the "Opinions on the Pilot Matching of the Financial Sector with International High Standards in the Conditional Pilot Free Trade Zone (Hong Kong) to Promote Institutional Opening". The "Opinions" allow Foreign Financial Institution Groups to carry out new financial services similar to those of Chinese Financial Institution Groups, and make decisions and support applications for Financial Institution Group...
According to Cointelegraph, Ethereum co-founder Joe Lubin revealed that ETF issuers are actively preparing for a staked Ethereum ETF and are confident that it will be approved under the new SEC leadership. Lubin said that issuers are working hard to develop the best solutions for their customers to deal with the complexities associated with staking and penalty mechanisms, which will help increase the robustness of the ecosystem and customer diversity. At present, about 33.70 million ETH (worth a...
Joseph Lubin, co-founder of Ethereum and founder of Consensys, wrote in response to the recent Ethereum-related controversy: One of the most admirable qualities of Vitalik Buterin is the way he makes decisions. When issues arise, he listens to all parties, gathers information, weighs pros and cons, and makes decisions after thinking he has considered most of the necessary data. He has listened to everyone and things are moving forward. Threatening or attempting to coerce is extremely...
On January 21, Mark Cuban, a billionaire and co-founder of Cost Plus Drugs, proposed the idea of creating memecoin to finance the repayment of U.S. national debt. On January 21, Cuban said that if memecoin were "mainstream", he might issue an official memecoin similar to that of US President Donald Trump. The terms and timeline of the token would be the same as Trump's, he said, but all proceeds would be used to pay off US Treasury bonds.
On January 21, Martin Köppelmann, co-founder and CEO of Gnosis, wrote that the core problem facing Ethereum in recent years is the divergence in development direction: on the one hand, the concept of "ETH is money", that transaction capacity and fees are irrelevant, and the focus is on "currency premium"; on the other hand, Ethereum is positioned as a "world computer/settlement layer", focusing mainly on transaction capacity (including L1 expansion) and total fees as a measure of success. He be...
After the couple joined forces to "issue coins", Trump's inaugural speech did not mention cryptocurrencies, and the market stagnated.
Ethereum co-founder Vitalik said in response to someone else's tweet that the Ethereum Foundation is recently exploring paying the foundation budget through staking rewards.
In response to Jupiter's load issues, co-founder Meow posted on X: "I apologize for the system instability and scaling issues. Over the past few months, the team has been working hard to stabilize and scale all these subsystems, but under extreme market conditions, we obviously still have a lot of work to do. Due to the high volatility in the market earlier, many of our on-chain and off-chain components were affected.
On January 20th, Polynomial co-founder Gautham Santhosh warned that the continued demand for Ethereum Layer 2 is rapidly depleting the mainnet blob capacity. Currently, 55% of the blob is occupied by two chains, BASE and World Chain. Since November last year, the blob base fee has exceeded $50 several times, resulting in a significant increase in user transaction costs. The upcoming Pectra upgrade, which will go live in March, will increase the per-block blob limit to 9, but Santhosh believes th...
Marc Andreessen, co-founder of a16z, issued a clarification on the X platform, after revealing that the picture is the new logo of the institution, not the Meme coin. It is reported that Marc Andreessen had previously posted a picture on the X platform and signed the name of the institution a16z.com, plus he claimed to be a DOGE "unpaid intern", which aroused the attention of the crypto community and misunderstood the issuance of Meme coin.
Students for Trump co-founder Ryan Fournier admitted at X Space to selling 50% of his holdings of the TikTok token supply, causing the project's market value to plunge from $90 million to $5 million. On-chain data shows that Fournier exchanged 505 million TikTok tokens for about $700,000 SOL at 20:28 UTC. Fournier claimed to have been cheated by token founder Asta, but promised to compensate investors $50,000. Previously, Fournier was publicly refuted by Eric Trump for spreading false news about...
On January 19, the central bank and the Securities Supervision Commission jointly held a symposium on stock repurchase and re-lending to further play the role of policy tools in stabilizing capital markets. Xuan Changneng, member of the Party Committee and Vice President of the People's Bank of China, and Wang Jianjun, member and Vice Chairperson of the Party Committee of the China Securities Supervision Commission, attended the meeting and delivered speeches. Financial Institution Group said th...