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ETH rose back above 1400 USDT

OKEx quotes show that ETH rose back above 1400 USDT and is now at 1402 USDT, an increase of 6.22% in 24H.

LINK's market value exceeded 10 billion U.S. dollars, and its ranking rose to No. 7, surpassing LTC4

UNI broke through 12 USDT and hit a record high, ranking first in market value

digital currency

OKEx quotes show that UNI rose to 12.04USDT, a record high, with an increase of 28.39% in 24 hours. In addition, according to data from CoinGeko, the market value of UNI exceeds US$3.4 billion, ranking 14th, surpassing TRX, EOS, and AAVE. (Data source: BitUniverse)

digital currency

Coinbase platform assets exceed 90 billion US dollars, registered users exceed 43 million

Coinbase has witnessed tremendous growth in 2020, with assets on its platform exceeding $90 billion and more than 43 million registered users. These latest figures are part of Coinbase's 2020 Year in Review, as of December 31, 2020. Note: An Internet Archive snapshot last week showed $25 billion in assets on the platform, but it's unclear when the data was collected. (CoinDesk)

Coinbase to offer secondary market for private shares ahead of IPO

Coinbase reminded shareholders that the company is launching a secondary market for its private shares on the Nasdaq Private Market. The move comes ahead of Coinbase's public listing. Coinbase filed a confidential S-1 listing document and said it would provide shareholders with further details on Monday about the launch of the secondary market, including how to access the market, which shares are eligible to trade and how the market will work. That could allow current and former employees with vested interests in the company to sell stock. (The Block)

Bloomberg: At least 8 cryptocurrency companies are eyeing or planning IPOs

Bloomberg published an article stating that the IPO boom in the stock market has spread to the encryption field. According to information from Renaissance Capital and other institutions, at least eight cryptocurrency companies, including Coinbase, eToro, MicroBT, Gemini, Bitmain, and Bitfury, are currently paying attention to or planning an IPO. Matt Maley, chief market strategist at Miller Tabak + Co., said a potential wave of IPOs is typically seen at the end of a bull market. While the trend may not signal an impending crash, and he's bullish on cryptocurrencies, it's still reminiscent of the type of boom at the height of the dot-com bubble in the early 2000s.

Two Whales Send Over $160 Million in Bitcoin to Coinbase

According to data from Whale Alert, two giant whales sent a large amount of Bitcoin to Coinbase. The first whale moved a total of 3,500 bitcoins worth $113.2 million in three separate transactions in less than an hour. The whale ranks 13th on BitInfoCharts’ Bitcoin Rich List. Minutes after the first whale sent the last transaction, the second whale transferred 1,698 bitcoins, worth $55.4 million, to Coinbase from another anonymous wallet address. The wallet was also one of the richest before that. (The Daily Hodl)

The total lock-up volume of DeFi protocols on Ethereum exceeded 37 billion US dollars

According to data from OKLink, as of 19:00 today, the total lock-up volume of DeFi protocols on Ethereum is about 37.039 billion US dollars. Among them, the top three protocols with locked positions are Maker with USD 4.463 billion, WBTC with USD 3.698 billion and Uniswap V2 with USD 3.387 billion.

Chainalysis: Criminals Moved $34M in Crypto Through DeFi in 2020

About $144.3 billion was traded on decentralized exchanges (DEXs) in 2020, but not all transactions involved legally obtained cryptocurrencies. Blockchain analysis firm Chainalysis estimates that criminals conducted around $34 million in DeFi transactions. The chief scientist of Chainalysis also said that the crime rate of DEX will rise in 2021. (The Block)

Data: The number of new daily active addresses on Chainlink has increased by 143% compared with three months ago

Indian encryption exchange BuyUCoin was attacked, resulting in the leakage of personal data of over 325,000 users

Blockchain industry

According to news on January 25, users of the Indian cryptocurrency exchange BuyUCoin have been affected by the leak, and personal data such as names, phone numbers, and bank account information of more than 325,000 users have been leaked. BuyUCoin was previously targeted by hacker group ShinyHunters, but the exchange initially claimed that "none of its customers were affected by the data breach," adding that all user funds were safe. (Cointelegraph)

E-cigarette brand Puff Bar will accept ETH and BCH payments

Investment and Financing

Puff Bar, an e-cigarette brand produced by Los Angeles-based company Cool Clouds, announced that it will use VeChain's blockchain technology to combat counterfeiting and will accept ETH and BCH payments. (Decrypt)

Investment and Financing

WaykiChain Foundation raised another $15 million to help the DeFi ecosystem take off

Insured Finance, a P2P insurance market based on Polkadot, received investment from Moonrock Capital and others

global policy

Insured Finance, a Polkadot-based P2P insurance market, said on Twitter that we have accepted investment from venture capital such as Moonrock Capital and Vendetta Capital, and have reached a cooperation with the encryption project incubator DuckDAO. Ivan on Tech, a well-known bitcoin and blockchain educator and YouTube blogger, also pointed out the potential of INFI.

global policy

Beijing Mayor Chen Jining: will promote the pilot application of digital currency

Shanghai Mayor Gong Zheng: Promoting digital renminbi pilots this year

Character·Voice

Shanghai Mayor Gong Zheng said in the "Government Work Report" on January 24 that Shanghai will focus on strengthening the "four major functions" this year, accelerate the promotion of high-quality economic development, and strengthen the global resource allocation function. Continue to promote the expansion of the financial industry to open up to the outside world, continue to gather a group of functional and headquarters-based institutions, and promote the digital renminbi pilot. Promote the innovative development of trade, and vigorously develop new formats and models such as offshore trade. Promote the Pudong comprehensive transportation hub and other projects, and improve the energy level of the container collection and distribution system in Luchao Port. (Securities Times e Company)

Character·Voice

Foreign media: super whales may push up the price of SUSHI

According to AMBCrypto, SushiSwap whales may push up the price of SUSHI. Data shows that SushiSwap has seen a surge in whale addresses since the beginning of the year. Addresses with more than 100,000 SUSHI have grown by 74% in the past two weeks.

Gemini co-founder: The number of hedge fund managers and investors who discussed Bitcoin with me recently reached a new high

Tyler Winklevoss, co-founder of Gemini, said: The number of hedge fund managers and investors who discussed Bitcoin with me recently reached a new high. Even the most conservative worry about the dollar's future. They all want to learn how to protect their funds and themselves.

Max Keiser: The sole purpose of BTC is a store of value across time and space

Wall Street financial analyst and Bitcoin proponent Max Keiser tweeted that BTC has zero utility, which is one of the reasons it is perfect money, and that gold's perceived utility value is one of the reasons it performs so badly against BTC . The value of BTC is 100% market-driven, not utility value-driven. The sole purpose of BTC is to store value across time and space.
Trader: DeFi will cause Bitcoin dominance to drop to 10% or 20%