According to Odaily, Glassnode co-founder Negentropic expressed on the X platform that the DeepSeek AI incident is expected to challenge tech stocks and risk assets in the coming week. The Chicago Mercantile Exchange futures opened with negative sentiment, with Nasdaq futures dropping by 1.5% and Bitcoin falling to $101,500. He also noted that the AI crypto narrative has recently underperformed and may face the risk of capital withdrawal, advising attention to the performance of related stocks such as NVDA.

According to PANews, the Hong Kong Securities and Futures Commission (SFC) has granted virtual asset trading platform licenses to Panthertrade (Hong Kong) Limited and YAX (Hong Kong) Limited. The licenses were issued on January 27, 2025. With these additions, a total of nine trading platforms have now received virtual asset trading platform licenses in Hong Kong.

According to Cointelegraph, Spanish law enforcement, in collaboration with blockchain firms Tron, Tether, and TRM Labs, has successfully frozen $26.4 million in cryptocurrencies tied to a pan-European money laundering operation. This significant operation was conducted with the support of the T3 Financial Crime Unit, an anti-crime initiative launched by the three blockchain companies in August 2024. The investigation utilized police surveillance to identify the criminal organization, linking its crypto wallets to illicit activities. This was achieved by leveraging Know Your Customer data from service providers, marking the T3 Unit’s largest coordinated freeze to date. This adds to the $126 million recorded in its inaugural year. A spokesperson for the Spanish law enforcement agency Guardia Civil stated that the organization moved millions across borders, using both cash and cryptocurrency to aid criminal groups in laundering their profits. Tron’s security measures have reportedly reduced illicit volumes on its blockchain by $6 billion. TRM Labs discovered that 49% of Tron’s illegal activity is associated with sanctioned entities, while 32% is connected to blocklisted funds. Despite these efforts, Tron remains the leading blockchain for illicit transactions, with 58% of such activities occurring on its network. Tether’s USDT is identified as the most-used asset for criminal activities, according to TRM Labs. The use of centralized stablecoins like USDT and Circle’s USD Coin (USDC) for freezing funds linked to criminal activity is a well-established practice. Stablecoin issuers have mechanisms to block transactions associated with illegal activities. Tether CEO Paolo Ardoino emphasized in a press release that criminals attempting to misuse Tether will be caught. In November 2023, Tether froze $225 million in USDT linked to pig butchering scams, following a U.S. Department of Justice investigation. These scams, prevalent in Southeast Asia, involve coercion and relationship-building to defraud victims, often orchestrated by criminal syndicates. Pig butchering syndicates reportedly launder proceeds through a dark web marketplace called Huione Guarantee, which previously relied heavily on Tether. To circumvent frozen funds, the platform launched its own stablecoin in September, as reported by security firm Elliptic. This development highlights the ongoing challenges in combating cryptocurrency-related crimes and the evolving tactics of criminal organizations.

Odaily Planet Daily News: According to market news, Meta CEO Mark Zuckerberg announced plans to invest $60-65 billion in artificial intelligence-related capital expenditures in 2025, exceeding analysts' forecast of $58 billion.

SHIB is down by nearly 30% since its yearly peak. source: https://cryptopotato.com/major-shiba-inu-announcement-is-this-why-shib-price-plunged/

The post SpacePay’s Instant Settlement System Changes The Game: Here’s How It Makes Crypto Work Like Cash appeared first on Coinpedia Fintech News Traditional payment settlements create a frustrating waiting game for businesses. When a store processes credit card payments on Friday, they often can’t access their money until Wednesday. These delays affect everything from inventory purchases to... source: https://coinpedia.org/sponsored/spacepays-instant-settlement-system-changes-the-game/

According to Odaily, Canadian investment fund SOL Global has announced the signing of a binding letter of intent to sell its unsecured convertible debentures, with a principal amount of CAD 10 million. The funding will be provided in advance, with an initial payment of USD 2 million upon the completion of the transaction. Following this, four additional payments of USD 2 million each will be made every 60 days. The letter of intent represents a binding commitment from the buyer, and the transaction is expected to be finalized by January 30, 2025. This completion is contingent upon the signing of a definitive subscription agreement and debentures, as well as meeting certain customary conditions, including obtaining all necessary regulatory and other approvals, and is subject to the policies of the Canadian Securities Exchange.

Litecoin (LTC), the “silver” to Bitcoin’s “gold,” has made bold statements regarding the ongoing infighting in the cryptocurrency industry. Notably, there has been internal strife among key players in the crypto space over the move to establish a national digital assets reserve. This marks a shift from the anticipated Strategic Bitcoin Reserve projected by BTC […] The post Bitcoin ‘Is The... source: https://www.thecoinrepublic.com/2025/01/27/bitcoin-is-the-better-decision-for-america-litecoin/

Odaily Planet Daily News: According to official information from the Hong Kong Securities and Futures Commission, Panthertrade (Hong Kong) Limited and YAX (Hong Kong) Limited have obtained virtual asset trading platform licenses from the Hong Kong Securities and Futures Commission. As of now, a total of 9 trading platforms have obtained virtual asset trading platform licenses.

According to BlockBeats, on January 27, semiconductor stocks in the U.S. market saw a notable decline in pre-market trading. Major companies such as Nvidia, Taiwan Semiconductor Manufacturing Company (TSMC), and Broadcom each experienced a drop of over 11%.

A phishing attack on a cryptocurrency investor led to the theft of 95.3 million GIGA tokens, worth over $6 million, through a fake Zoom link. The hacker quickly sold the stolen tokens, converted them into Solana and stablecoins, and moved the funds to obscure wallets, while the investor is now working with law enforcement to recover the assets.

Gigachad (GIGA) saw a significant increase in value after endorsements from fitness celebrities and the meme model himself, highlighting the powerful influence of internet culture on cryptocurrency markets.