๐ According to FT, Cryptocom co-founder and CEO Kris Marszalek has acquired the domain AIcom for about $70 million, marking the largest disclosed domain name deal on record. The purchase, made entirely in cryptocurrency, reflects a long-term bet on AI as a significant technological wave. Marszalek plans to launch a new AI platform promoted via a Super Bowl ad, featuring a consumer-focused AI agent capable of messaging, app usage, and stock trading. #ai link
๐ #BTC Bithumb has recovered 99.7% of the 620,000 BTC mistakenly sent to clients.
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๐ฆ BitMEX co-founder Arthur Hayes stated that the recent BTC selloff was likely driven by dealer hedging related to iShares Bitcoin Trust (IBIT) structured products. He is compiling a list of bank-issued notes to identify potential trigger points for rapid price swings, emphasizing the need for market participants to adapt as dynamics change. link
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๐จ๐ณ๐ฎ How to Understand China's New Rules on Tokenization and RWA?
On Feb. 6, Chinese authorities jointly issued Document No. 42, repealing the 2021 "924 Notice". The new rules maintain a strict ban on cryptocurrencies but formally define and regulate RWA (real-world asset tokenization) for the first time. RWA activities are permitted if conducted on approved financial infrastructure and under regulatory oversight. The document also introduces a filing-based framework for offshore tokenization of onshore Chinese assets, indicating a shift from blanket bans to regulated, compliant asset tokenization. #regulation link
On Feb. 6, Chinese authorities jointly issued Document No. 42, repealing the 2021 "924 Notice". The new rules maintain a strict ban on cryptocurrencies but formally define and regulate RWA (real-world asset tokenization) for the first time. RWA activities are permitted if conducted on approved financial infrastructure and under regulatory oversight. The document also introduces a filing-based framework for offshore tokenization of onshore Chinese assets, indicating a shift from blanket bans to regulated, compliant asset tokenization. #regulation link
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๐ According to Arscan data, the Arweave (AR) network has not produced a new block for over 24 hours. The last recorded block, #1,851,686, was generated at 11:18:15 (UTC+8) on Feb. 6. link
๐บ๐ธ๐ฆ White House Stablecoin Talks Are Back Tuesday and the Banks Just Joined the Room, Per Eleanor Terrett. #stablecoin
Forwarded from Elite Trade Signals โ Crypto | Forex | Gold
๐ณ Whales are accumulating $ETH.
0x46DB withdrew 19,503 $ETH ($40M) from #OKX over the past 13 hours.
0x28eF withdrew 9,576 $ETH ($19.78M) from Binance over the past 8 hours. link link
0x46DB withdrew 19,503 $ETH ($40M) from #OKX over the past 13 hours.
0x28eF withdrew 9,576 $ETH ($19.78M) from Binance over the past 8 hours. link link
๐ฑ๐ค #BTC The Crypto Fear & Greed Index has fallen to 6, its lowest reading since June 2022.
Back then, Terra-LUNA collapsed, Celsius froze withdrawals, and 3AC blew up โ sending BTC down to $18K, about -70% from its peak.
Today, Bitcoin is just around $68K, down 48% from its October high.
Back then, Terra-LUNA collapsed, Celsius froze withdrawals, and 3AC blew up โ sending BTC down to $18K, about -70% from its peak.
Today, Bitcoin is just around $68K, down 48% from its October high.
๐ป๐ณ๐ต๏ธ A draft released by Vietnam's Ministry of Finance proposes that individuals, regardless of residency, transferring crypto assets via licensed platforms may face a 0.1% personal income tax on transaction turnover, mirroring the current securities tax regime.
The draft exempts crypto transfers from VAT, while income from crypto transfers by Vietnamese institutional investors will be subject to a 20% corporate income tax. link
The draft exempts crypto transfers from VAT, while income from crypto transfers by Vietnamese institutional investors will be subject to a 20% corporate income tax. link