fud

Ledger's Chief Technology Officer Charles Guillemet stated that there has recently been "FUD" targeting Ledger in the market, as a smart contract security company claimed to have discovered vulnerabilities in the Ledger Ethereum application. Guillemet mentioned that there indeed were vulnerabilities related to certain Clear Signing processes in the Ledger Ethereum application, but these vulnerabilities were discovered by Ledger's security research team Donjon using AI-driven vulnerability research tools, and the fixes were completed and deployed two weeks ago. Users can obtain protection by timely updating their Ledger device firmware and applications.The relevant security company contacted Ledger's bug bounty program only after the fixes were completed, did not follow responsible disclosure processes, and did not communicate with the bug bounty team, yet implied in subsequent content that the issue had not been resolved. This approach is not true security research but rather a way to create panic for attention. AI is changing the cybersecurity landscape, and both attackers and defenders can enhance efficiency with AI, but AI-driven security research can only truly enhance the security of the entire ecosystem when basic security principles such as responsible disclosure and pre-release verification are followed.Guillemet finally reminded Ledger users to keep their device firmware, Ledger applications, and related software up to date to automatically receive the latest security fixes and research results. Users should not be influenced by the related "FUD" and should timely update their software and maintain safe habits.

AI chip startup Oxmiq announced the completion of a new round of financing of $35 million, led by Samsung Catalyst Fund and Fudomo, with participation from Taiwan's MediaTek and Pegatron Venture Capital. The company's total financing has reached $60 million.Oxmiq was founded by former Intel chief architect Raja Koduri and is headquartered in Campbell, California. The company plans to integrate the three major components of GPU, CPU, and tensor engine into a single IP module for licensing, and develop an integrated computing architecture that includes Chiplet and memory, while also entering the custom chip market to compete with Broadcom, Marvell, and MediaTek. Koduri stated that Oxmiq's goal is to become "the ARM of the next era." This round of funding will be used to complete the R&D of the first batch of IP and bring it to market, while also expanding the engineering team.

Backpack CEO Armani Ferrante responded on X regarding the discussion about the project's delay in TGE, stating that if the project team is only looking for an exit opportunity, delaying TGE is fine; but if the goal is to build long-term and win the market, "TGE should have been done yesterday"; if there are concerns about market panic (FUD), then tokens should not be issued at all.Ferrante claims to be a "habitual offender of bear market minting and TGE," believing that market timing is actually irrelevant. This statement responds to user @AleyProbably's viewpoint, who argued that if all projects that delayed TGE had completed their airdrops on time, the market conditions would be much better, because "the market needs liquidity, and airdrops are one of the best ways to obtain liquidity."

The crypto sentiment platform Santiment published an analysis stating that the ratio of positive to negative comments about Ethereum has shifted from a strong FOMO sentiment in late April to a clear FUD sentiment now. Harvard University completely liquidated its $87 million Ethereum ETF one quarter after buying in; researchers from the Ethereum Foundation announced their resignations; and David Hoffman publicly stated his exit from the Ethereum project. The Santiment team interprets this trend as a mildly bullish signal, similar to the significant rise that followed the mid-2023 market sentiment low.Despite the panic sentiment, the number of non-bearish wallets for Ethereum remains as high as 192.92 million, more than three times Bitcoin's approximately 59 million. The activity in DeFi and staking trading surged at the beginning of the year and has since normalized, but the creation of new wallets continues to maintain a healthy growth rate. Fundamental data such as holders and activity do not support the claim that "the Ethereum network is dying." Additionally, the long-to-short ratio for Bitcoin has reached 2.23, the highest level since 2026. Previously, the highest daily long-to-short ratios often resulted in short-term price corrections, while extremely low short ratios indicate a local bottom. The current optimism stands in stark contrast to the outflow of short funds from ETFs, thus caution is warranted.

The cryptocurrency market research firm Santiment stated that ETH has fallen below $2000 for the first time since March 29. Typically, after a significant price drop, the market exhibits two typical sentiments: one is retail investors falling into FUD due to weak performance, and the other is the FOMO sentiment that views the drop as a "discount buying opportunity."Santiment pointed out that the latter is currently emerging in the market. As ETH breaks below a key psychological support level, a large number of retail investors are starting to "buy the dip." It believes that this usually indicates that the price of ETH may still have further room to decline, as retail sentiment is currently too optimistic, and historically, the general market tends to make incorrect judgments. Santiment stated that the truly better buying opportunities usually arise after market FOMO cools down and sentiment shifts to panic.

Santiment indicates that market trends often go against public expectations, "such a high level of FUD sentiment is a positive signal, suggesting that the market is likely to improve in the near future."

Binance CEO He Yi posted on the X platform, stating, "It's easy to spread fear, uncertainty, and doubt (FUD), but it's always difficult to clear it away."It is reported that Binance has achieved its second victory in a lawsuit related to the U.S. Anti-Terrorism Act (ATA) within two weeks. A U.S. federal court in Alabama dismissed all claims against Binance, which accused it of violating the ATA. This ruling follows Binance's recent victory in the Southern District of New York, where the federal court also dismissed all charges against the company.

Binance CEO He Yi stated, "For newcomers, Binance is the entire crypto world; seeing FUD makes them hesitant to enter the market. For those already in the game, not being able to see the situation clearly leads to cashing out. For OGs, they are already financially free; seeing the constant influx of dumb FUD and AI attacks only makes them doubt themselves and consider leaving the space. This is why the CMC crypto panic index has dropped to 5. When FUD calms down, that's when the market rises."

Binance co-founder He Yi posted that after the release of Seedance 2.0, the community has recently enthusiastically created many AI short dramas featuring his portrait titled "Six Major Sects Assaulting the Bright Summit," and expressed that it is an honor to entertain everyone. He Yi jokingly remarked that if this storyline continues, the day when FUD calms down will be the day the market rises.In addition, He Yi announced the launch of the "Six Major Sects Assaulting the Bright Summit" AI self-produced short drama competition, where the first place will receive 10 BNB, the second place will receive 9 BNB, and so on, with the tenth place receiving 1 BNB. The submission link for the works will be announced by Binance's official Chinese account after the release.

According to HyperInsight monitoring, the whale starting with 0xf2e on Hyperliquid currently holds a short position of approximately 3.7 million dollars in BNB, with an average price of 753 dollars, realizing a floating profit of about 310,000 dollars (+42%), and a liquidation price of 902 dollars, making it the largest short position in BNB on the platform.This address transferred approximately 1.12 million dollars from the Binance wallet to the Hyperliquid platform on February 2, during the FUD rumors surrounding Binance. Subsequently, it opened a short position with 5x leverage, marking its first trade on the platform.

CZ posted on the X platform that Binance has shown a net inflow of funds over all time periods of 1 day, 7 days, and 1 month, totaling billions of dollars. Some potential FUD initiators have shown a net outflow of funds.

Binance founder CZ posted on social media, "Some people spreading FUD have now started to openly spread rumors, even from accounts claiming to have 500,000+ followers.I don't know the owner of this account, nor do I remember when I blocked him, but it seems that blocking him was quite reasonable. I have never sent such messages to anyone. I will try to minimize the time spent debunking this FUD, as there are more important things to do.The so-called 'fake lawyer letter' that circulated yesterday also spread for a while. I thought it was so obviously fake that it didn't need clarification, yet I still saw some so-called new media sharing the images while also writing reports. If there are still people in this era who can't distinguish obvious PS or AI-generated fake news/fake documents, they are likely to end up poor. (Sorry, that was a bit blunt.)"

According to DeFiLlama data, Binance platform had a net inflow of 50 million dollars in the past 24 hours, and over 1.3 billion dollars in net inflow in the past 7 days, with total assets exceeding 142.4 billion dollars.Previously, there was some FUD in the overseas crypto community claiming that "Binance had outflows of over 22 billion dollars in the past week," but on-chain data revealed that the rumors were unfounded.CZ believes that the recent attacks on the overseas community are due to competitors' smear campaigns. He previously stated that social media has labeled his "X account 'Wei Wei' with 863,000 followers as a potential scammer," frequently posting forged photos with CZ. "Who would impersonate a supporter of BNB, using forged AI images for several months just to spread FUD? I can't think of any other possibility; it seems like something a (self-important) competitor would do, focusing on us more than on themselves."

CZ added on his "Wei Wei" X account with 863,000 followers: Who would impersonate a supporter of BNB, using fake AI images for several months just to spread FUD? I can't think of any other possibility; I can only say this looks like something a (self-important) competitor would do, focusing on us more than on themselves.This account seems to have previously belonged to a lady. Before February 2015, the account mostly posted photos of women. Then in July 2015, the account suddenly switched and started posting only cryptocurrency-related content. Either the account was hacked or it was bought. They didn't even bother to delete the old photos. Those old pictures can still be seen on his media page. What a lazy bot.

CZ issued a response stating that over the past two days, some rather imaginative FUD has been observed, and he clarified each point:Regarding a circulating Polymarket screenshot that asked, "Will someone throw something at CZ's face during the crypto event in 2026," CZ stated that this event does not exist on Polymarket or any prediction market, and there is no so-called $7 million trading volume; the related screenshot is fabricated.On the claim that "CZ canceled the super cycle," CZ bluntly said this is an overinterpretation. He only mentioned that he is "not as confident as before."Concerning the rumor that "Binance sold $1 billion in Bitcoin," CZ clarified that it was Binance users who sold, not Binance itself. Changes in Binance wallet balances typically occur only when users withdraw funds; many users still keep their assets on Binance as a wallet after trading.Additionally, in response to the doubts about the SAFU fund not buying BTC, CZ stated that Binance has clearly mentioned it will complete the conversion within 30 days, suggesting that Binance's initial plan might be to gradually complete the purchases within these 30 days; then, close to the end of the 30 days, or on a weekly basis, transfer the funds to the corresponding addresses. Of course, it is impossible to see them buying through DEX. Considering Bitcoin's market cap of about $1.7 trillion, the impact of buying $1 billion in Bitcoin in batches over 30 days on the Bitcoin price and whether it enhances market confidence is left for the market to judge.

The founder of Binance, CZ, posted on the X platform stating that FUD (Fear, Uncertainty, and Doubt) harms the market, not the target. He and Binance will not conduct large-scale sell-offs; the so-called "sell" refers to the BNB worth $5 being exchanged and used to pay for coffee.CZ mentioned that although he no longer operates Binance, to his knowledge, Binance only converts a portion of its revenue to pay fees and is a net holder. Additionally, Binance now has global regulatory agencies that can review every transaction of each account.

Binance founder Changpeng Zhao (CZ) responded to recent FUD attacks against Binance in a post on January 30, stating, "This is not the first time, and it won't be the last." CZ emphasized that Binance has faced FUD attacks since the very first day of its establishment and will explain the reasons and methods behind it in detail during tonight's AMA (Ask Me Anything) session.In his tweet, he stated, "While our (self-proclaimed) 'competitors' focus on us, we continue to build and grow."

In response to Arthur Hayes' doubts about USDT operations, former Citibank crypto research head Joseph stated on the X platform that @CryptoHayes' analysis missed several key points:Disclosure of assets ≠ total corporate assetsUSDT discloses reserves based on the "matching principle," but its undisclosed balance sheet includes equity investment income, mining operations, corporate reserves, and potential Bitcoin holdings, with remaining profits distributed to shareholders in the form of dividends.Ultra-high profit margins and equity valueTether holds $120 billion in U.S. Treasury bonds (with an annual yield of 4%), generating an annual net profit of about $10 billion starting in 2023 (with only 150 employees), making it the world's most efficient money printer;The equity valuation could reach $50-100 billion (recently planning to raise $20 billion for a 3% equity stake, with a high valuation but strong fundamentals).Comparative advantages of bank-level reservesTraditional banks maintain only 5-15% liquid assets, while USDT's collateralization rate is clearly higher.Key difference: banks have central bank lender of last resort support, while USDT relies on its own asset liquidity.Conclusion: Tether not only will not face a crisis but also controls the strongest profit engine in the crypto world.Subsequently, Tether CEO Paolo Ardoino expressed his gratitude for the support in the comments section.