events

According to Hong Kong Radio, the Hong Kong government has decided to stop promoting basketball gambling projects. The Secretary for Home Affairs and Youth Affairs, Mak Mei-juan, stated in an interview with this station that the information collected by the authorities shows that the "prediction market" has developed rapidly in recent years, with monthly trading volume increasing from less than $100 million two years ago to over $13 billion last year, of which nearly 40% of the transactions are related to sports. The authorities are concerned that if new gambling projects are promoted at this time, it will lead to greater public concern and even participation in illegal gambling in the "prediction market." Therefore, it is believed that research should be conducted first before deciding on the next steps, and the promotion of new gambling projects should be halted for now.Mak Mei-juan stated that the existing regulated gambling projects have established a more mature monitoring and management system, which can help control risks. However, due to the uncertainty of the "prediction market," as a responsible government, there is a need to conduct research to understand the impact of the "prediction market" and its prevalence in Hong Kong. She also mentioned that the government has always maintained close contact with the Hong Kong Jockey Club, as the club has a rigorous monitoring system to oversee illegal gambling situations, and there are experts specifically targeting the fight against illegal gambling. The government will cooperate with the Jockey Club to obtain professional advice, allowing the authorities to implement measures specifically aimed at illegal gambling.Mak Mei-juan reiterated that the government's consistent policy is not to encourage gambling, and betting on sports projects in the "prediction market" is considered illegal gambling. The authorities will strengthen public education to help citizens understand the harms of gambling and refrain from participating in illegal gambling.

Gate is hosting an F1 Red Bull Racing car display parade in Hong Kong, with the display cars appearing around Victoria Harbour and proceeding along a designated route, attracting market and public attention.This parade serves as an important offline action in the cross-industry collaboration between Gate and the F1 Red Bull Racing team, bringing top-tier racing culture into urban landmark scenes, enhancing brand exposure and discussion.From April 18 to 24, Gate will also launch the "Racing the Future" outdoor cross-industry exhibition at the K11 MUSEA waterfront promenade in Hong Kong, which will focus on showcasing Red Bull Racing cars and related equipment, as well as setting up interactive experience areas.As the official sponsor of the F1 Red Bull Racing team, this exhibition will be the first to showcase the brand new 2026 Red Bull Racing car and core equipment, introducing an immersive interactive experience area that recreates the fusion of top racing engineering and the aesthetics of speed.In addition, Gate will hold the "Gate 13 Blue Carpet Ceremony" on April 20, where the unveiling of the F1 Red Bull Racing display car and brand collaboration will take place. That evening, Gate will also host a high-end anniversary dinner event at the Rosewood Hong Kong, where platform founder and CEO Dr. Han will be present, and it is expected that over 300 representatives from top industry institutions and partners will be invited to participate in the exchange.

According to official news, the decentralized GPU cloud computing infrastructure platform Aethir confirmed that its Ethereum-related bridging contract was attacked. The team promptly disconnected the affected contract and worked with major exchanges to blacklist the hacker's wallet, limiting the losses to under $90,000.Previously, blockchain security company PeckShield estimated the losses to be $400,000. The attacker exploited Aethir's cross-chain smart contract AethirOFTAdapter to transfer the stolen funds from the BNB Chain to Tron.Aethir stated that its Ethereum mainnet ATH token supply was unaffected and plans to announce a detailed compensation plan and incident analysis next week, collaborating with exchanges such as Binance, Upbit, and Bithumb to freeze funds. The Web3 security platform ZeroShadow is participating in the investigation. Aethir aims to achieve revenue of $127.8 million by 2025, with over 440,000 GPU containers deployed globally.

According to community feedback, the X platform is currently gradually returning to normal. According to Downdetector records, there have been 5 significant outages/wide-scale interruption events on the platform in the past 3 months.

Aave released a recap of the Swap event stating that a user exchanged approximately $50.43 million aEth USDT for about $36,000 aEth AAVE through the CoW Swap route on the Aave front end, with a price impact of about 99.9%.Aave indicated that the transaction occurred within a third-party Swap protocol, and the core lending protocol was unaffected. The cause of the event was the user executing a large order in a market with extremely low liquidity and confirming a high-risk quote. Aave stated that it will launch the Aave Shield feature, which will by default block Swaps with a price impact exceeding 25%.

Due to the全面升级 of the US-Iran conflict, on-chain gold prices represented by PAXG and XAUT have surged dramatically. Among them, PAXG reached a high of $5,600, with a daily trading volume exceeding $1 billion, fully reflecting investors' demand for gold trading during black swan events. In contrast, the gold market under the traditional financial system remains closed.

DeFiance Capital founder Arthur posted on platform X, stating that cryptocurrency has now become the preferred short hedge tool for traditional finance in any risk-off events over the weekend, and he feels regret about this.

Polymarket official Rodrigo posted on Discord that the fee mechanism will be expanded to the NCAA and Serie A markets. The fee structure is the same as the "15-minute cryptocurrency rise and fall market," meaning the taker pays the fee while the maker receives a rebate, but the coefficients are different ------ the rate is 0.0175, the index is 1, and the maker rebate is 25%, so the overall cost will be lower.Starting from 00:00 UTC on February 18, 2026 (Wednesday), all new NCAAB and Serie A related events created after this time will be subject to the new fee mechanism, while existing events will not be affected. The first rebate distribution will occur at 00:00 UTC on February 19.

According to on-chain analyst Murphy (@Murphychen888), the realized losses of Bitcoin adjusted for entities reached $3.2 billion on February 5. This figure surpasses the scale of losses caused by historical black swan events including the Luna collapse, FTX bankruptcy, and 312/519.

Arthur Hayes tweeted, "Maybe I should pay attention to the 'black swan' event today, after all, the movement of BTC is too unusual."

Balancer posted on platform X that it has noticed significant liquidations of BAL on Aave and Venus, leading to notable price fluctuations of the token. The Balancer team is currently assessing the potential impacts of these events on the liquidity mining of various pools and will coordinate next steps with ecosystem partners, while confirming that this is an external market event. The Balancer protocol remains secure and operational, unaffected by this liquidation.

According to RootData, last week (January 26-30), the cryptocurrency market saw a total of 14 financing events, 1 merger and acquisition event (OTC trading data company Bulletin), and 1 public offering (smart trading protocol Flying Tulip raised $50 million).Among the 14 financing events, Flying Tulip secured $25.5 million in Series A funding from Amber Group, Paper Ventures, and Fasanara Capital, with a post-money valuation of $1 billion; institutional-grade technology infrastructure Talos received $45 million in Series B funding from firms including a16z and QCP Capital, with a post-money valuation of $1.5 billion; and the cryptocurrency payment platform Mesh obtained $75 million in Series C funding from institutions such as Dragonfly, Paradigm, and Coinbase Ventures, with a post-money valuation of $1 billion.

According to RootData, this week (January 19-25), the crypto market witnessed a total of 12 financing events, 3 mergers and acquisitions (Universal Execution Abstraction Protocol Atlas, decentralized social network Farcaster, crypto media Coinstack), and 1 IPO (crypto custody service provider BitGo, raising $213 million).Among the 12 financing events, the blockchain-based government bond fund Superstate secured $82.5 million in Series B funding from institutions such as Bain Capital Crypto, Haun Ventures, and Galaxy Digital; the chain abstract stablecoin system River received $12 million in strategic financing from institutions including Tron; the asset-backed protocol Cork Protocol obtained $5.5 million in seed round financing from a16z CSX, Gate Labs, and others; and the intent-driven modular blockchain Warden Protocol secured $4 million in strategic financing, with a post-money valuation of $200 million.

Kaito founder Yu Hu provided a timeline of recent events on platform X, stating that he received an email from the account manager regarding a possible reassessment on January 13, and received a legal notice from X on January 14, to which he responded the same day. On January 15, he learned of the content released by Nikita at the same time as the public. Yu Hu indicated that he had previously received legal notices from X that were properly resolved, so it was reasonable to wait for further clarification and discussion before making a unilateral announcement within this brief time window.Yu Hu also stated that Yaps has now been shut down, and Kaito plans to expand beyond the cryptocurrency field through Kaito Studio in 2026 across platforms (TikTok, YouTube). He mentioned that Kaito Studio has been in preparation for several months and will serve as a new model to complement Yaps. This change will not affect Kaito Launchpad, Kaito Pro, Kaito API, or the upcoming Kaito Markets, and more roadmap details will be released in the future.

New York State lawmakers have reintroduced a bill aimed at banning contract betting on sports and political events in prediction markets, while allowing betting on league outcomes.

NFT Paris posted on X platform that, due to market conditions, NFT Paris and RWA Paris 2026 have been canceled. Despite measures taken to cut costs, the event cannot proceed as planned. All ticket fees will be refunded within 15 days.