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Due to an oracle configuration error resulting in approximately $1.78 million in bad debt, the DeFi lending protocol Moonwell released an event handling update on the X platform, stating that the recovery plan has now been published on the governance forum, which includes integrating the Moonwell Apollo (MFAM) community into the Moonwell ecosystem (WELL).The Moonwell Apollo Treasury will immediately initiate partial compensation, with ongoing compensation to follow through protocol revenue. Additionally, MFAM holders and stkWELL stakers are set to receive compensation at a ratio of 1:1.5 (MFAM:stkWELL).

Aptos announced an update to the APT token economic model, shifting to a performance-driven token supply mechanism that links APT supply to the actual usage of the network. Specifically, this update includes the following seven items:Reduce staking reward rate and incentivize long-term stakers. The Aptos Foundation has proposed to lower the annual staking reward rate from 5.19% to 2.6%. Additionally, the Aptos Foundation is exploring a governance proposal to change the staking framework to better align incentives with long-term network participation.Increase Gas fees by 10 times. Aptos is currently one of the lowest-cost blockchains, and given the current transaction fees are so low, the Aptos Foundation will propose to increase Gas fees to 10 times the current amount through governance proposals. After the increase, the transfer fees for stablecoins on the network will still be as low as approximately $0.00014.Transaction utilization and fees. A new deflationary mechanism will be introduced through the decentralized exchange protocol Decibel on the Aptos chain, where high-frequency trading activities will significantly consume and destroy APT. Currently, all forms of transactions paid in APT on the network, or "gas fees," will be permanently destroyed. Decibel, incubated in collaboration with Aptos Labs and the Decibel Foundation, represents one of the first fully decentralized exchanges where all trading activities are executed on-chain: every order, match, and cancellation is executed on-chain. With 100% on-chain execution, the launch of Decibel's mainnet will greatly enhance the transaction throughput of the Aptos blockchain.Hard supply cap fixed at 2.1 billion APT. Once approved by the community, no new tokens will be minted beyond this cap.Foundation permanently locks 210 million APT. The Aptos Foundation will ensure that 210 million APT are locked and permanently staked in the network. These tokens will never be sold or distributed and will be permanently locked.Performance-linked grant issuance. In the future, the Aptos Foundation will primarily focus on providing future grants and rewards that will only be redeemed upon achieving key milestones related to Aptos's role as a "global transaction engine."Launch a programmatic buyback plan. The Aptos Foundation has committed to exploring a protocol buyback plan or reserve that will programmatically buy back APT on the open market based on market opportunities.

According to Onchain Lens monitoring, the Pump.fun associated address has sold 2.07 billion PUMP worth 4.55 million USDC today, and still holds 1.676 billion PUMP (approximately 3.38 million USD).

According to Jinshi News, the Federal Reserve's meeting minutes show that at the January meeting, Roberto Perli, the manager responsible for the Federal Reserve's financial market operations, pointed out that the trading department of the New York Fed conducted a "currency check" on the USD/JPY exchange rate, after which the dollar significantly depreciated. After the release of the meeting minutes, the USD/JPY briefly plummeted over 40 points, reaching a low of 154.33.

Jupiter DAO has opened a governance vote on the "zero net emissions" proposal for the JUP token, which will last until February 22. The proposal aims to improve the current price performance of JUP, which is at a historical low, by canceling the Jupuary airdrop event in 2026 to avoid further dilution of the token.The vote consists of two options: Option One is to proceed with the Jupuary airdrop as originally planned, which will launch an airdrop query tool and distribute 200 million JUP about a week after the voting ends, while continuing the existing team allocation and Mercurial incentive program; Option Two is to indefinitely postpone the Jupuary airdrop, returning the prepared 700 million tokens to the community's cold multi-signature wallet, while suspending the release of the team's reserve allocation. If Option Two is approved, Jupiter will use balance sheet funds to buy back tokens released in the market to offset the selling pressure from Mercurial holders.

According to The Block, despite BitGo's stock price dropping on Tuesday, Mizuho Bank has given a positive outlook on the institutional-grade crypto custody platform in its first research report.Mizuho Bank analysts Dan Dolev and Alexander Jenkins described BitGo as a "military-grade custodian," believing that its long-term security record and focus on institutional clients constitute a core advantage in the increasingly competitive custody market.The report noted that over 80% of BitGo's revenue comes from recurring businesses such as custody and staking, rather than volatile trading activities, which sets it apart among crypto infrastructure companies. The analysts assigned BitGo a "buy" rating with a target price of $17, implying nearly 70% upside from the current trading price of about $10.15.Mizuho Bank expects that as stablecoins and tokenized real-world assets drive institutional adoption, the company's revenue growth will accelerate. Nevertheless, BitGo's stock price has fallen about 44% since its NYSE debut at an issuance price of $18 in January, reflecting the overall cautious sentiment in the market towards crypto-related stocks.

According to Onchain Lens monitoring, a wallet associated with K3 Capital withdrew 20,000 ETH from Binance 6 hours ago, worth approximately $40.08 million.

According to Onchain Lens monitoring, an address associated with the Pump.fun custody wallet sold 543.23 million PUMP tokens about 2 hours ago, receiving 1.207 million USDC. The wallet received 3.75 billion PUMP tokens 7 months ago, worth 25.39 million dollars.

According to on-chain analyst Yu Jin's monitoring, 5 hours ago, 5 wallets associated with Sun Yuchen collectively withdrew 2.6 million LIT (4.07 million USD) from Lighter and then transferred it to HTX.

Sonic Labs has issued a statement regarding recent public comments about Andre Cronje and the Sonic network. In 2018, a Korean team initiated an ICO for Fantom (now renamed Sonic), which failed to deliver a fully functional product due to mismanagement, resulting in the depletion of a significant amount of funds. Andre Cronje joined in June 2018 and rebooted Fantom. At the time Andre joined, the treasury held less than $5 million in non-FTM assets, which grew to nine figures between 2020 and 2021.Sonic Labs further stated that Andre did not design the original Fantom token economic model; the model was created by the original Korean team in 2018 and later modified through on-chain governance. Andre does not unilaterally hold or control the Sonic development fund. Andre has never abandoned Fantom/Sonic, designed the original technology, expanded the funding, and continues to serve as a technical advisor, regularly providing guidance to the technical team. There is no instance of fund misappropriation.

The American Bankers Association (ABA) is urging the Office of the Comptroller of the Currency (OCC) to slow down the approval of national bank charters for digital asset companies.The banking industry's lobbying group stated that the OCC needs to ensure that its regulatory and bankruptcy framework can address the risks posed by cryptocurrency and stablecoin companies, and is calling for all parties to exercise patience.

According to Lookonchain monitoring, in the past 5 hours, a wallet associated with Galaxy Digital (FFDAa) deposited 200,000 SOL, worth 16 million dollars, to Binance, OKX, and Bybit.

According to Bloomberg, Strategy CEO Phong Le stated in an interview that the company will issue more perpetual preferred shares to alleviate investor concerns about the volatility of its stock price. Le mentioned that the company provides investors with a tool through the issuance of perpetual preferred shares (product name "Stretch") that offers "exposure to digital capital while avoiding volatility risk."The product has a monthly reset dividend yield, currently at 11.25%, aimed at stabilizing its trading price around the $100 par value. So far, preferred shares have made up a small portion of Strategy's financing. The company has sold approximately $370 million in common stock and $7 million in perpetual preferred shares to fund its recent Bitcoin purchases over the past three weeks.Le's statement aligns with the previous public remarks of Executive Chairman Michael Saylor. Saylor stated in an interview with CNBC on Tuesday that concerns about the market forcing the company to sell its holdings due to Bitcoin's decline are "unfounded," and reiterated the company's plan to "continue buying Bitcoin every quarter."

Vitalik Buterin posted on the X platform that to make Ethereum the ideal platform for AI, it cannot simply replicate existing solutions with a different logo.He emphasized that meaningful technological improvements, such as zero-knowledge privacy-preserving payments and reputation systems, should be made to create infrastructure and applications that are truly superior to existing solutions.

According to on-site reports from Foresight News, the Chief Executive Officer of the Hong Kong Securities and Futures Commission (SFC), Ashley Alder, stated at the Consensus 2026 conference that the SFC is committed to establishing a comprehensive regulatory ecosystem for virtual assets and announced three new initiatives:Guaranteed Financing: Allow brokers to provide financing services to clients with good credit backgrounds, with collateral that may include securities and virtual assets. Initially, this will only be open to Bitcoin and Ethereum, and a prudent haircut will be required in accordance with traditional financial standards.Perpetual Contracts: A high-level regulatory framework will be announced, allowing licensed platforms to offer perpetual contract products. This service is currently limited to "professional investors" and requires platforms to have extremely high transparency and the ability to manage volatility fees and automatic liquidation risks.Associated Market Makers: Regulations will be relaxed to allow licensed platforms to provide liquidity through their affiliated market-making units, provided they can demonstrate functional independence and strict management of conflicts of interest.Alder pointed out that tokenized assets have developed rapidly over the past year, with the asset management scale of tokenized gold reaching $400 million, doubling in the past six months. Currently, the SFC has authorized 11 tokenized money market funds. In addition, Project Ensemble is piloting the use of tokenized deposit settlement money market funds. Regarding the regulatory roadmap, the SFC has published a consultation summary on virtual asset trading and custody and plans to collaborate with the SAR government to submit relevant legislative proposals within this year.

According to Axios, sources say that Backpack Exchange, a centralized crypto trading platform created by former FTX and Alameda executives, is in talks for a new round of financing, with a pre-money valuation of around $1 billion.

According to Jinshi reports, Federal Reserve Governor Mester stated that interest rates are appropriate to be far below current levels.

According to Jinshi reports, ECB Governing Council member Nagel stated that the European Central Bank will take appropriate action when medium-term inflation expectations persistently and significantly deviate from 2%.