The BNB Chain developer team released a statement saying that the goal of BAP (BNB Application Proposals) is to make the application layer more consistent, more interoperable, and lower the development threshold. By sharing standards, the ecosystem can achieve faster development speeds, simpler integration methods, a better developer experience, and reduce one-off implementations. The official introduction states that BAP covers extensions to existing token standards, identity and wallet specifications, off-chain data conventions, dApp/proxy/protocol interfaces, and BNB Chain smart contract best practices. BAP will follow the process defined by BEP-1, including idea discussion, draft submission, community and editorial review, and will ultimately be adopted as an official standard.

The U.S. military announced on Tuesday that an F-35C fighter jet shot down an Iranian Shahed-139 drone over the Arabian Sea. According to Ming Pao, the drone was reportedly approaching the USS Abraham Lincoln aircraft carrier in a provocative manner. The action was taken in self-defense to protect the carrier and its personnel. No U.S. military personnel were injured, and no American equipment was damaged in the incident.

Eric Balchunas, senior ETF Analyst at Bloomberg Intelligence, posted on X that SPY, the S&P 500 ETF, experienced an increase in January, marking nine consecutive months of gains. This achievement ties for the second-longest winning streak in its history. Despite concerns that this might signal an end to the upward trend, historical data suggests otherwise. According to insights from Athanasios Psarofagis, the average return in the year following a streak of more than seven months is historically 14%. This data provides a positive outlook for SPY's performance in the coming months, indicating that the current streak may not necessarily lead to a downturn. The analysis highlights the resilience of SPY and suggests that investors might continue to see favorable returns, even after such an extended period of growth. This information is crucial for investors considering the potential risks and rewards of maintaining their positions in SPY.

On February 4, a significant whale known as 'Strategy Counterparty' has been increasing its long positions, according to BlockBeats. The current positions include an ETH long valued at $52 million with an opening price of $2,270, a SOL long valued at $15.52 million with an opening price of $99.28, an XRP long valued at $11.65 million with an opening price of $1.59, and a BTC long valued at $4.41 million with an opening price of $76,345.

According to on-chain analyst Ai Yi, in the past 8 hours, smart money (0xFB7...e0A3) that made a profit of $99.22 million on ETH withdrawn 750 cbBTC from Coinbase, with a total value of $55.999 million and an average withdrawal price of $74,665.8.

According to the announcement from Binance, starting at approximately 2026-02-05 09:00 (UTC), the platform will temporarily suspend deposits and withdrawals of tokens on the Zilliqa (ZIL) network. This suspension is to facilitate a network upgrade and hard fork, aimed at enhancing user experience. The upgrade is scheduled to occur at the block height of 19,486,411, which is expected to be reached around 2026-02-05 10:00 (UTC). The trading of tokens on the Zilliqa network will remain unaffected during this period. Binance assures users that it will manage all technical requirements related to the upgrade. Once the network is deemed stable post-upgrade, deposits and withdrawals will be reopened. No further announcements will be made regarding the reopening. Users are advised to refer to the original English version of the announcement for the most accurate information, as there may be discrepancies in translated versions.

A major cryptocurrency investor recently took steps to reduce leverage and avoid liquidation pressures. According to ChainCatcher, the investor, who suffered a significant loss of approximately $230 million from an Ethereum position on Hyperliquid three days ago, has begun to lower leverage on their on-chain spot positions. The investor sold around 50,000 ETH, valued at approximately $112.8 million, to alleviate liquidation risks. Monitoring data reveals that on January 27, the investor used borrowed leverage to purchase 148,000 ETH at an average price of about $2,883 each, totaling approximately $426 million. However, a rapid decline in ETH prices to around $2,200 led to the liquidation of their position on Hyperliquid and brought their on-chain leverage close to the liquidation threshold. By reducing their position by 50,000 ETH over the past two days, the overall liquidation price has been lowered to approximately $1,600. Currently, the investor's on-chain holdings include about 33,000 BTC and 748,000 ETH, with a combined asset value of approximately $4.213 billion.

CFTC Chairman Michael Selig says a new crypto market structure bill could make the U. S. the “gold standard” for regulation. source: https://www.cryptopolitan.com/cftc-says-crypto-bill-would-make-us-powerful/

On Feb 04, 2026, 01:49 AM(UTC). According to Binance Market Data, BNB has dropped below 760 USDT and is now trading at 759.219971 USDT, with a narrowed 1.63% decrease in 24 hours.

The Indian rupee has experienced its largest increase in seven years, providing the Reserve Bank of India (RBI) with an opportunity to rebuild its foreign exchange reserves. According to Jin10, this development follows the positive impact of the U.S.-India trade agreement, which may limit further strengthening of the rupee. Analysts from Barclays and Nomura Holdings predict that the RBI will take advantage of the rupee's recovery to purchase U.S. dollars. They recommend shorting the rupee, with Nomura forecasting the USD/INR exchange rate to reach 94 by May, while Barclays has set a similar target through a three-month offshore position. Joey Chew, Head of Asia FX Research at HSBC Holdings, cautions that the rupee's path may not be smooth. The RBI's foreign exchange policy could complicate matters, as it has intervened unpredictably in recent months to prevent one-sided speculative positions on the rupee.

As the market enters a downturn, skepticism towards the cryptocurrency market is growing. The question now is whether we have entered a cryptocurrency winter.

Amidst the deadlock over immigration enforcement, Trump withstood opposition and signed an appropriations bill negotiated with Senate Democrats, ending the partial shutdown of the U.S. federal government late Tuesday night.

The real value of the OpenClaw and Moltbook fiasco this week is not to make us afraid of AI, but to force us to seriously build order for the "mobile internet".

Kevin Warsh's nomination of the next Federal Reserve Chairman represents a gradual adjustment, rather than a revolutionary change, in Fed policy. His background ensures a capacity to respond to crises, but structural constraints limit radical reforms.

Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse at 8 AM," issue 2957, providing you with the latest and fastest news on the digital currency and blockchain industry.

In the crypto market, nearly half of the entire network is losing money. Why has this round of decline scared even smart money? Jinse Finance reports that the current market situation is very clear: a comprehensive risk aversion.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.

Money holds our future options, so choose your currency carefully and be wary of anyone who can print more money than you earn.

The Ministry of Public Security recently released the "Cybercrime Prevention and Control Law (Draft for Public Comment)," marking an upgrade in the regulation of cryptocurrencies and related Web3 activities from administrative notices to national law, with the focus of regulation shifting to criminal governance.

SpaceX, Elon Musk, SpaceX swallows xAI Musk's trillion-dollar "internal circulation" - Golden Finance, the largest capital arbitrage in human history.