Odaily News "On-chain detective" ZachXBT revealed in a post on platform X that John Daghita, who stole over $40 million in cryptocurrency from the US government, is the son of the CEO of CMDSS. CMDSS is a company that previously secured contracts with the US government to handle seized cryptocurrencies.
Odaily News According to Coinglass data, the entire network experienced $130 million in liquidations over the past 24 hours, with BTC liquidations reaching $30.75 million. Additionally, long positions accounted for $91.31 million in liquidations, while short positions accounted for $38.85 million.
Odaily News According to Onchain Lens monitoring, a newly created wallet received 25,001 ETH from Bitfinex, valued at $73.17 million.
Odaily News According to official news, Gate has launched MEMES perpetual contract trading (USDT-settled), supporting 1-20x leverage. It is now also available on Gate Perp DEX.
Odaily News Over the past three years, the so-called "Magnificent Seven" (Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla) have largely led the stock market higher. However, this trend reversed at the end of 2025, as Wall Street began questioning the hundreds of billions of dollars these companies are spending on developing artificial intelligence and when these investments will yield returns. An index tracking the Magnificent Seven hit a record on October 29th. Since then, five of the seven companies have seen their stock prices decline and underperform the S&P 500. During this period, only Alphabet, with a gain of nearly 20%, and Amazon have maintained their upward trajectory. Darrell Cronk, Chief Investment Officer at Wells Fargo Wealth & Investment Management, stated: "Tech stocks have become a 'show-me' story. If the big tech companies can continue to deliver strong results, I believe capital will flow back into the tech sector." Next week, Microsoft, Apple, Tesla, and Meta are set to release their earnings reports. These results will offer a glimpse into the health of industries ranging from cloud computing and electronic devices to software and digital advertising. (Jin10)
Odaily News CZ responded to a community user on the X platform, stating that his new book may be published in late February or early March. According to CZ's previous disclosure, the new book might be titled "Binance Life".
Odaily News a16z Crypto published a lengthy article on the X platform, stating that the timeline for the emergence of a Cryptographically Relevant Quantum Computer (CRQC) capable of breaking cryptocurrencies is often exaggerated, with an extremely low probability of its appearance before 2030. The risk profiles of different cryptographic primitives vary. Quantum-resistant encryption faces "Harvest Now, Decrypt Later" (HNDL) attacks and requires immediate deployment. However, quantum-resistant signatures and zkSNARKs are not susceptible to HNDL attacks. Premature migration could instead introduce risks such as performance overhead, immature implementation, and code vulnerabilities. Therefore, a prudent rather than hasty migration strategy should be adopted. For blockchains, most non-privacy public chains like Bitcoin and Ethereum primarily use digital signatures for transaction authorization, thus they do not face HNDL risks. Their migration pressure mainly stems from non-technical challenges such as slow governance, social coordination, and technical logistics. Special issues faced by Bitcoin include its slow governance speed and the existence of millions of tokens worth hundreds of billions of dollars that are quantum-vulnerable and potentially abandoned. In contrast, privacy chains, because they encrypt or hide transaction details, do face HNDL attack risks to their confidentiality and should transition as early as possible.
a16z Crypto emphasized that in the coming years, compared to the distant threat of quantum computers, implementation security issues such as code vulnerabilities, side-channel attacks, and fault injection attacks are more urgent and significant security risks. Developers should prioritize investing in code audits, fuzz testing, and formal verification.
Odaily News The regulation of crypto assets in the United States is accelerating further. If the proposed crypto market structure bill is ultimately passed, it will clarify the regulatory authority of federal agencies over digital assets, making cryptocurrencies easier to manage, track, and trade. This could potentially attract more investors and increase token value. It is reported that crypto platforms such as Coinbase and Kraken plan to follow a registration system, while stablecoin issuers like Circle and Tether will need to comply with bank-like regulatory requirements to safeguard the assets of retail investors. The subsequent process includes: approval by two Senate committees, passage by a full Senate vote, return to the House for final signing, and ultimately signature by President Trump. Overall, most crypto investors will not be affected in the short term. However, in the long run, the bill is expected to provide a safer and more predictable trading environment while making the compliance operations of crypto platforms more transparent. (CoinDesk)
Odaily News: Michael Saylor, founder of MicroStrategy, has once again released information related to the Bitcoin Tracker. According to previous patterns, MicroStrategy typically discloses its Bitcoin acquisition information on the day following the release of related news.
The Office of the Comptroller of the Currency (OCC) has confirmed that World Liberty Financial's (WLF) application for a national trust bank charter will undergo a strict review under current regulatory standards. This move aims to address Senator Elizabeth Warren's earlier request to halt the review, as she questioned the project's potential to generate billions of dollars in "paper wealth" for former U.S. President Donald Trump and his children. OCC Chief Counsel Jonathan Gould emphasized that WLFI's application will be rigorously evaluated like any other application. (Cointelegraph)
Odaily News: Cryptocurrency payment company Alchemy Pay has announced that it has officially obtained a Money Transmitter License (MTL) in the state of Nebraska, marking further progress in its compliance efforts. To date, the company holds relevant business licenses in a total of 14 states across the United States. The other states include Arkansas, Iowa, Minnesota, New Hampshire, New Mexico, Oklahoma, Oregon, Wyoming, Arizona, South Carolina, Kansas, West Virginia, and South Dakota. (PRNewswire)
