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He Yi posted on the X platform, stating that some users in the community initiated a "withdrawal campaign." However, after this action was launched, the amount of assets in Binance addresses actually increased. Regularly initiating withdrawals on all trading platforms is a very effective stress test. He reminded users to carefully verify addresses during the withdrawal process to reduce the risk of operational errors, as blockchain transfers, once completed, are usually irreversible.He Yi also mentioned that he is learning to view everything with a positive mindset, such as how price drops may present opportunities to acquire high-value assets at lower prices, and how FUD can enhance the awareness of Binance among those who were previously unfamiliar with it. He emphasized that these views do not constitute investment advice.

According to glassnode analyst Chris Beamish, Bitcoin has now fallen below the average cost basis of U.S. spot ETF holders (around $84,000), leading to unrealized net losses for ETF buyers. Chris Beamish stated that this is the first real stress test for U.S. spot ETF holders.After the U.S. stock market opens, investors will choose to buy or panic sell, and tonight may bring a "stress test."

American Fortress Infrastructure ProjectThe American Fortress team has officially released the industry's first AI-native, private, and compliant trading stack in collaboration with the blockchain team 0G, aimed at providing a new generation of trading infrastructure that offers high privacy protection and compliance support for decentralized applications.This trading stack supports private interactions of smart contracts and on-chain assets while maintaining verifiability and compliance frameworks, and is expected to become an important underlying component for building AI-driven finance and Web3 services.Industry experts believe that this groundbreaking stack will promote the deep integration of blockchain and AI, providing a more flexible development path for security-sensitive application scenarios.

According to Cointelegraph, the average entry price for investors in the U.S. Bitcoin spot ETF is currently around $86,000. As the market fluctuates near this entry price, ETF investors are facing a test of "faith" regarding whether to take the risk of holding on or to take profits to avoid the possibility of turning gains into losses.CryptoQuant analyst Moreno stated, "Historically, the entry price range serves as a psychological pivot. Prices above this level boost investor confidence and stabilize capital flow, while prices consistently below this range accelerate redemptions, as investors will lose their profit buffer."Since October of last year, the holdings in the U.S. Bitcoin spot ETF have decreased by 8.4%, with total capital inflow dropping from about $72.6 billion to approximately $66.5 billion. The performance of the ETF in the second half of January was also disappointing, with net outflows on 6 out of 7 trading days, and only a mere $6.8 million net inflow on January 26.

The Ethereum Layer 2 project MegaETH announced the launch of its public mainnet, which will simultaneously release a series of DeFi applications based on USDM on the first day, and initiate a global stress test, aiming to process 11 billion transactions within 7 days, with a testing throughput expected to be in the range of 15,000--35,000 TPS.

According to the official announcement from MegaETH, its mainnet will launch on January 22, starting with a 7-day global stress test aimed at processing 11 billion transactions and achieving 15,000 to 35,000 TPS.During the testing period, multiple on-chain interactive applications will be launched to test the system's stability under high load. The mainnet will then officially open, with the first batch integrating USDM-driven DeFi and consumer applications.

In response to the rumors circulating in the community that "Binance founder CZ is dating actress Sydney Sweeney," Zhao Changpeng CZ denied it on the X platform, stating that he does not often participate in social activities and has "never met Sydney Sweeney."CZ also mentioned that it is becoming increasingly difficult to discern which "news" is not worth believing, but if one can achieve this, "you will be richer."

According to Fortune, blockchain infrastructure company Fireblocks has reached an agreement to acquire the crypto accounting platform TRES Finance, with the acquisition completed in cash and equity, totaling $130 million.This is Fireblocks' second acquisition in three months, with its core business focused on helping enterprises hold and transfer digital assets. Last October, Fireblocks acquired the crypto wallet startup Dynamic for approximately $90 million.

According to Bloomberg, the cryptocurrency market has experienced a rapid and unexpectedly large brutal sell-off over the past few weeks. The drop on Friday brought the price of Bitcoin close to $80,500, marking the worst monthly performance since 2022. The total market capitalization of Bitcoin has evaporated by about $500 billion, with other altcoin markets also suffering heavy losses.Although the price of Bitcoin is still above the level when Trump won the presidential election, its upward momentum during Trump's first year in office has significantly faded. This month, investors have withdrawn billions of dollars from 12 Bitcoin-related ETFs. The digital asset reserve company (DATs), inspired by Michael Saylor's Strategy Inc., is also facing steeper outflows.Fadi Aboualfa, head of research at Copper Technologies Ltd., stated that institutional investors do not have a "HODLing" mindset; they rebalance their portfolios when the market declines. This crash lacks the previous systemic pressures and obvious scandal events.Cantor Fitzgerald & Co. analysts Brett Knoblauch and Gareth Gacetta believe that most of the decline is attributed to the flash crash on October 10, which may have had a greater impact on the balance sheets of many large participants than initially expected, forcing them to sell.The flash crash on October 10 liquidated $19 billion in cryptocurrency bets within hours, exposing issues of insufficient liquidity in weekend trading and excessive leverage accumulation at some exchanges. Liquidity in the crypto market remains low, and market makers weakened by the crash find it difficult to enter and support prices.According to Coinglass data, about $1.6 billion in bets were liquidated on Friday. The crypto market is acting as a quick proxy for risk appetite and is mutually influencing the tumultuous trading of tech stocks.Adam Morgan McCarthy, senior research analyst at blockchain data company Kaiko, pointed out that medical device companies or cancer research firms renaming themselves as "cryptocurrency reserve companies" is a signal of the market cycle. According to CoinMarketCap data, the Fear and Greed index, which measures sentiment in the crypto market, fell to 11 points (out of 100) on Friday, indicating "extreme fear."

According to CNBC, digital asset and infrastructure company Ripple announced on Wednesday that it has completed a $500 million funding round, raising its valuation to $40 billion. This funding comes after the company has made a series of acquisitions, while its product line is expanding from a single payment focus to a broader range of services.Industry insiders believe that the U.S. environment for cryptocurrency and digital asset companies has become more favorable following Donald Trump's election as president and the passage of the landmark stablecoin regulation GENIUS Act, as these companies are trying to seize the opportunity to accelerate their growth.Ripple is closely related to the cryptocurrency XRP, and the company stated that this funding round was led by funds managed by the following institutions: Fortress Investment Group's affiliated funds, Citadel Securities' affiliated funds, Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace.

ChainCatcher news, on October 22, Nevada regulators issued a cease-and-desist order against the cryptocurrency custody company Fortress Trust (now renamed Elemental Financial Technologies Inc.).According to court documents, the company is currently on the brink of bankruptcy, facing a significant mismatch between assets and liabilities. The regulators explicitly stated in the order that Fortress's liquidity situation is "completely insufficient to meet customer obligations."

ChainCatcher news, according to market news, the Solana core development team Anza stated that during a large-scale liquidation event, Solana experienced its largest stress test to date, achieving a record 100,000 TPS while maintaining complete stability.The Solana validator client Agave successfully handled peak traffic over 6 times without any network performance degradation and fully processed blocks with a capacity of 60 million CU.

ChainCatcher news, South Korean actress Hwang Jung-eum was sentenced to two years of probation on Thursday by the Jeju District Court for embezzling $3 million (4.34 billion won) from her personal management company to invest in cryptocurrency. This means that as long as she does not commit any further crimes in the next four years, she will not have to serve time in prison. The prosecution had previously requested a three-year prison sentence, but the judge considered that she had fully repaid the amount, and taking into account her status as a first-time offender who has fully compensated, ultimately granted probation.

ChainCatcher news, according to Jinshi reports, Federal Reserve official Barr expressed concern that the reforms being considered by the Federal Reserve may lead to stress tests being unable to effectively assess the resilience of large banks, losing credibility, thereby putting the financial system and the economy at risk.

ChainCatcher news, according to Jinshi reports, Federal Reserve official Barr stated that he advocates separating stress tests from binding regulatory capital requirements, while correspondingly increasing the latter.

ChainCatcher news, according to Yonhap News Agency, the South Korean prosecution is seeking a three-year prison sentence for actress Hwang Jung-eum, who has been indicted for allegedly embezzling 4.3 billion won (approximately 3.07 million USD) and investing in virtual currency.The Jeju District Prosecutors' Office requested the court to sentence the indicted actress Hwang Jung-eum to three years in prison for the charge of embezzlement under the Act on the Aggravated Punishment, etc. of Specific Economic Crimes during a public trial held on the 21st at the Second Criminal Division of the Jeju District Court (presided over by Judge Lim Jae-nam).Earlier reports indicated that on June 17, South Korean actress Hwang Jung-eum (transliteration) was indicted for allegedly embezzling approximately 4.2 billion won (about 3.07 million USD) to invest in virtual currency. Her management company Y1 Entertainment stated on June 17 that Hwang Jung-eum had repaid all debts in two installments on May 30 and June 5. Previously, Hwang Jung-eum withdrew a total of 4.34 billion won from Tunmin Jeong-eum Entertainment around 2022, most of which was used for cryptocurrency investments. The case involves violations of the relevant provisions regarding embezzlement in the Act on the Aggravated Punishment of Specific Economic Crimes and is currently undergoing judicial proceedings.

ChainCatcher news, Canadian digital asset management and investment public company Spirit Blockchain Capital announced the launch of the Spirit Blockchain 2.0 strategy, which aims to integrate a multi-token portfolio into its yield strategy, expecting to expand its yield plan to three cryptocurrencies: BTC, ETH, and SOL in the fourth quarter of this year. In addition, Spirit Blockchain Capital also announced the formal establishment of a new entity, SpiritReserve Group, and is raising up to $500 million in phases, aiming to create shareholder value through strategic investments in the digital asset space.

ChainCatcher news, according to Yonhap News Agency, South Korean actress Hwang Jung-eum, who has been indicted for allegedly embezzling 4.2 billion won (approximately 3.07 million USD) of company funds and investing in virtual currency, has settled her assets and repaid all amounts.Her management company Y1 Entertainment stated on the 17th that Hwang Jung-eum repaid the amount withdrawn as debt from Xunmin Jung-eum Entertainment on the 30th of last month and the 5th of this month. Previously, Hwang Jung-eum had embezzled 4.34 billion won from Xunmin Jung-eum Entertainment around 2022, and invested 4.2 billion won in virtual currency, facing trial for violating the Act on the Aggravated Punishment, etc. of Specific Economic Crimes (embezzlement).