Machi Big Brother's trading account currently holds $7,996, primarily invested in a 10x leveraged long position on HYPE. According to NS3.AI, despite a floating profit of $4,692 on HYPE, the account has incurred a significant loss of $3.37 million over the past month. This situation underscores the high-risk exposure and volatility associated with leveraged positions in cryptocurrency trading.

null source: https://x.com/wublockchain/status/2017804494902276426

Base Network has successfully recovered from a recent technical glitch, with the team pledging to release a comprehensive root cause analysis report. Jack Kong, CEO of Nano Labs, posted on X. This transparency is crucial for the Web3 infrastructure. When Layer 2 networks experience congestion, user transaction delays and losses directly impact the credibility of the entire ecosystem. The technical issue highlighted the vulnerability of scaling solutions under high load, underscoring the growing importance of decentralized storage and multi-chain architecture.

null source: https://x.com/cointelegraph/status/2017802796674806123

On February 1, the cryptocurrency influencer Sea Bitcoin reported a significant development regarding Bitcoin's accumulation indicator, ahr999. According to BlockBeats, this metric has dropped below 0.45, a critical threshold known as the 'bottom line,' for the first time in 839 days since October 16, 2023. The ahr999 indicator is calculated by dividing the current Bitcoin price by the 200-day dollar-cost average and multiplying it by the current Bitcoin price divided by the exponential growth valuation. The 200-day dollar-cost average reflects the average cost of purchasing Bitcoin daily over the past 200 days, indicating short-term investment returns. The exponential growth valuation is derived from an exponential fitting curve based on Bitcoin's historical prices and block height or time, representing the long-term 'fair value' or expected valuation.

Hyperbot data indicates that a prominent account has a remaining balance of $7,996. According to Odaily, this includes a floating profit of $4,692 from a HYPE tenfold long position. The account has experienced a loss of $3.37 million over the past month.

Hyperbot data shows that Brother Machi's account currently has only $7,996 remaining, including $4,692 in unrealized profit from a 10x long position in HYPE. His account lost $3.37 million in one month.

Charles Hoskinson announced that Cardano has signed a landmark integration agreement with Circle to bring USDCxto the network. The move is designed to directly address Cardano’s long-standing liquidity constraints by connecting its ecosystem to Circle’s roughly $70 billion USDC liquidity network. source: https://www.ethnews.com/cardano-signs-circle-deal-to-bring-usdcx-targeting-major-liquidity-breakthrough/

Step Finance released an update on its X platform regarding the hacking incident, disclosing that several of its fund wallets were compromised by an attacker last night. Preliminary assessments indicate the attack was carried out using a specific attack vector. Remedial measures have been implemented, and the company is working closely with security experts. Relevant departments have also been notified, and further updates will be released later. (Note: An attack vector refers to the specific path or method by which an attacker exploits system vulnerabilities or weaknesses to illegally intrude into a network, device, or information system.) Previous reports indicated that Step Finance's treasury and fee wallets were compromised. On-chain data shows that approximately 261,854 SOL tokens, worth approximately $30 million, were unstaking and transferred during the attack.

A close associate of an Abu Dhabi royal family member secretly acquired a 49% stake in the Trump family's crypto company, World Liberty Financial, for $500 million just before U.S. President Donald Trump's inauguration last year. According to NS3.AI, this transaction underscores significant Middle Eastern involvement in emerging cryptocurrency ventures associated with prominent political families. The discreet nature of the deal may influence perceptions of geopolitical and financial intersections within the crypto market.

This week, 17 blockchain startups completed funding rounds, raising a total of $285.4 million. Mesh (formerly Front Finance) raised $75 million in its Series C funding round, the largest single funding round this week.

In two days, 30,000 AI agents registered accounts on the same website, Moltbook. These weren't registered by humans; they were registered by the AI ​​itself.

On January 30, Kevin Warsh was nominated as the next chairman of the Federal Reserve.

US President Trump's nomination of Kevin Warsh as Federal Reserve Chairman triggered the worst sell-off in precious metals in decades.

Several portfolio managers contacted on Friday said they believed Warsh was unlikely to cater to Trump's whims or significantly alter the Fed's stance.

"If your startup isn't a YC-backed B2B SaaS + GPT shell company, and you haven't hired ABG as your chief marketing officer, then you're basically doomed."

Vitalik is one of the guardians of TheDAO Security Fund.

The question for the next decade is simple: will the crypto world learn to build tollbooths, or will traditional finance learn to exploit the crypto world's path? We bet on both.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance, covering key news, market and contract data, mining information, project updates, technological advancements, and other industry dynamics.

President Trump's announcement of nominating Kevin M. Warsh as the next Federal Reserve chairman was filled with praise for the 55-year-old former Fed governor with deep ties to Wall Street.