A male suspect involved in the 1989 Sai Kung Lobster Bay murder case has been extradited to Hong Kong from Thailand after years of evading capture. According to RTHK, Hong Kong Police Commissioner Raymond Siu spoke to the media at the airport upon his return from Thailand, detailing the complexities of the case. The murder involved four men, one of whom had remained at large for years without any departure records, leading authorities to believe he left Hong Kong illegally. The suspect's changing appearance over the years added to the difficulties in tracking him down. Siu explained that Hong Kong police persisted in their investigation until intelligence indicated the suspect was hiding in Thailand. Hong Kong authorities then contacted Thai police, providing them with relevant information. Thai police successfully apprehended the suspect, who was found without identification and residing illegally in Thailand, leading to his deportation and extradition to Hong Kong. Fingerprint analysis confirmed the suspect's identity, and he admitted to being involved in the Sai Kung murder case upon arrest. Siu noted that this suspect had evaded capture for the longest period in history and expressed gratitude to Thai police for their assistance, emphasizing that the extradition would not have been possible without their cooperation. He also mentioned plans to enhance police collaboration and training between Hong Kong and Thailand. Additionally, Siu thanked Thai authorities for their help in a robbery case that occurred in Tsim Sha Tsui in June last year. A robber attempted to flee to Bangkok, but Thai police intercepted him upon arrival following notification from Hong Kong police, leading to his deportation. Siu highlighted ongoing exchanges with Thai police regarding their policing efforts and Hong Kong's smart policing initiatives, aiming for increased collaboration in the future.

Ukraine, the United States, and Russia are engaging in the second day of discussions. According to RTHK, Ukraine's National Security and Defense Council Secretary, Rustem Umerov, announced on social media that representatives from the three nations are meeting in Abu Dhabi, the capital of the United Arab Emirates, for the second day of talks. He noted that the format remains the same as the previous day, consisting of trilateral consultations, group discussions, and subsequent coordination of positions. Umerov previously described the first day's talks as substantial and productive, focusing on concrete actions and practical solutions. The Ukrainian negotiating team is working under the clear directives of President Volodymyr Zelensky, aiming to achieve a just and lasting peace. The UAE's Ministry of Foreign Affairs stated that the initiation of this round of talks demonstrates the involved parties' continued commitment to resolving issues through diplomatic means. They expressed hope that this round of discussions would build on the foundation of the initial talks, further enhancing mutual understanding and advancing the political process.

On February 5, Abraxas Capital's main address (0x5b5) increased its short positions on xyz:GOLD contracts, with spot gold priced around $4,867. According to BlockBeats On-chain Detection, the position size has grown to $9.18 million, with an average price of $4,786 and a liquidation price of $6,785. Additionally, its sub-address (0xb83) currently holds a 5x leveraged short position on xyz:GOLD, with an average price of $4,887. Abraxas Capital was once the largest contract whale on Hyperliquid in terms of capital size. Since November, the address has been consistently taking profit, significantly reducing its position size from a peak of $920 million to approximately $60 million.

XMART has officially announced a strategic partnership with Ta Yang Group Holdings Limited, a company listed on the main board of the Hong Kong Stock Exchange, according to ChainCatcher. The collaboration aims to explore the integration of physical business scenarios, AI interaction systems, and the digitalization of real-world assets (RWA) within the Web4.0 development framework. Ta Yang Group Holdings Limited has been advancing its Web4.0 strategy, focusing on AI-driven interaction and the digitalization of real assets. The strategy emphasizes using AI-personalized intelligent agents as user interaction gateways, promoting the synergy between the physical economy and digital systems through data standardization, asset tokenization, and global value connection. In this partnership, Ta Yang Group Holdings Limited will leverage its established physical business ecosystem and real consumer scenarios to provide scalable and reliable offline entry points for Web4.0 applications. XMART will contribute its Phygital digital asset infrastructure, enabling physical trendy toys and consumer assets to achieve digital ownership, on-chain expression, and continuous participation mechanisms. By combining real business scenarios with consumer-facing RWA digital ownership design, the partnership aims to explore a Web4.0 consumer application model that is verifiable, sustainable, and scalable, fostering effective connections between physical consumption, digital identity, and long-term value participation. Moving forward, XMART and Ta Yang Group Holdings Limited will continue to advance the exploration of related applications and implementation scenarios within a compliant framework, with further developments to be announced in subsequent stages.

Ethereum founder Vitalik Buterin has expressed concerns over the proliferation of new EVM chains that merely replicate existing architectures. According to Odaily, Buterin argues that many of these chains connect to Ethereum through optimistic bridges with a week's delay, akin to replicating Compound's governance. While this approach may seem convenient, it ultimately stifles innovation and leads the ecosystem into a dead end. The situation worsens if new chains do not connect to Ethereum's optimistic bridge, acting purely as alternative L1s. The ecosystem, Buterin suggests, requires projects that introduce new features such as privacy protection, application-specific efficiency, or ultra-low latency. Buterin emphasizes that the form of 'Ethereum connection' must align with actual functionality. For instance, prediction market applications can issue and settle markets on L1 and manage user accounts, but trade execution should occur on a Rollup or L2 system, with L1 verifying signatures and market status. Deep integration with L1 architecture should be prioritized over superficial bridging for recognition. Another type of 'application chain' could verify algorithm execution in government, social media, or gaming platforms, using technologies like STARK to ensure updates are authorized and executed according to pre-committed rules. Although not entirely Ethereum-based, these chains can offer algorithm transparency and minimize trust, enabling previously impossible economic activities. New projects should achieve two main objectives: first, genuinely innovate rather than merely replicate existing EVM chains; second, ensure that public relations align with actual functionality. The claimed level of connection to Ethereum should accurately reflect the project's technical and ecological dependencies, ensuring ecosystem interoperability and long-term value.

Southbound funds experienced a substantial net buying of 24.977 billion yuan today. According to Jin10, within the Shanghai-Hong Kong Stock Connect, Tencent Holdings and the Tracker Fund of Hong Kong saw net purchases of 3.659 billion HKD and 2.566 billion HKD, respectively. Meanwhile, YOFC topped the net selling list with 457 million HKD. In the Shenzhen-Hong Kong Stock Connect, the Tracker Fund of Hong Kong and Tencent Holdings recorded net purchases of 2.01 billion HKD and 1.919 billion HKD, respectively, while Hua Hong Semiconductor led the net selling with 363 million HKD.

The global cryptocurrency market cap now stands at $2.58T, down by -1.66% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $70,140 and $76,339 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $71,753, down by -5.78%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include CHESS, C98, and ENSO, up by 18%, 16%, and 15%, respectively. Top stories of the day: Asian Central Banks to Show Divergent Monetary Policies by 2026, Says BofA Securities Ethereum Transfer Volume Reaches Significant Levels UK 10-Year Bond Yield Reaches Highest Level Since November 2020 Bitcoin's Bear Market More Severe Than Early 2022, Analysis Shows India's Annual Import Needs to Reach $300 Billion, U.S. to Play Key Role in Energy and Technology Supplies Spot Silver Rebounds to $80 per Ounce Amid Volatile Trading Major Banks Anticipate Stable Interest Rates with Potential Future Cuts Bloomberg Analyst Says Markets Undervalue Bitcoin’s Multi-Year Bull Run as Older Investors Continue ETF Buying Gold’s Sell-Off Losses Halved, but Analysts Warn of Another Downside Risk Insight Investment Predicts Delayed ECB Rate Hike Until 2027 Market movers: ETH: $2138.23 (-5.42%) BNB: $698.77 (-7.74%) XRP: $1.431 (-10.62%) SOL: $92.79 (-4.44%) TRX: $0.2815 (-1.92%) DOGE: $0.1024 (-5.10%) WLFI: $0.1305 (-3.40%) BCH: $527.8 (-0.17%) U: $1.0014 (+0.05%) ADA: $0.2818 (-6.19%) Top gainers on Binance: CHESS/USDT (+18%) C98/USDT (+16%) ENSO/USDT (+15%)

European gas prices have experienced an uptick due to concerns about colder-than-expected weather conditions as the season progresses. Wall Street Journal (Markets) posted on X, highlighting that the potential for a late-season cold snap has raised worries about increased demand for heating, which could strain supplies. The market is closely monitoring weather forecasts, as any significant drop in temperatures could lead to a surge in gas consumption. This situation is compounded by existing supply challenges, which have already put pressure on the energy market. Analysts suggest that the current rise in prices reflects the market's sensitivity to weather patterns and the ongoing supply-demand dynamics. The energy sector remains vigilant, with stakeholders assessing the potential impact of weather changes on gas availability and pricing. As the situation develops, market participants are advised to stay informed about weather updates and supply conditions to navigate the potential volatility in gas prices.

DWF Labs founder Andrei Grachev has expressed his belief that the cryptocurrency market is approaching its bottom, with Bitcoin prices potentially experiencing around 15% fluctuation. According to Odaily, Grachev noted that while this does not guarantee an upward trend, it could encourage more capital inflow into the market. Professional investors continue to deploy funds, particularly into real-world assets (RWA) and projects with ambitious visions. However, direct market purchases have seen minimal capital inflow. Grachev believes that launching new projects to capture attention is easier than reviving old ones, which is why he anticipates most altcoins will rise after the current bear market, except for those with substantial business operations and expansion, which will naturally benefit from overall market growth. Retail-driven trading volume, or what Grachev refers to as 'foolish trading,' is currently directed towards PumpFun and partially towards Polymarket, but this will not alter the global landscape. As the market recovers and prices rise, these traders will follow suit, purchasing assets that whales are currently acquiring, along with new tokens mentioned earlier. Behind-the-scenes mergers and acquisitions are active, with numerous projects and companies being acquired. Some companies with at least some revenue are planning to go public. Grachev emphasizes that the long-term growth of the crypto industry is inevitable; the challenge lies in survival rates.

Crypto KOL @roger73005305 posted on X, advising investors to exercise caution when attempting to identify market bottoms. Since October, he has emphasized that true market bottoms are not typically accessible to retail investors but are instead opportunities for major players once they have accumulated enough assets. He shared three indicators for bottom fishing, noting that recent months of market decline and volatility do not meet these criteria. Particularly, the third condition remains unmet, as BTC's major players have not accumulated within a consolidation range but have instead opted for direct price surges, which he describes as deceptive moves. @roger73005305 explained that his understanding of these indicators is the result of daily research and analysis, not insider information or project affiliation. He encourages investors to study and understand valuescan indicators, rather than relying on others for guidance. He also noted that a genuine market bottom provides ample time for buying, typically lasting several weeks to 1-2 months, unless one is unable to determine if the bottom has been reached. He remarked on the frustration of some investors who have recently incurred losses and resorted to blaming others. He suggests that listening to his advice could have prevented such outcomes. Quoting a famous saying, he emphasized that progress comes from introspection and self-improvement. He cautioned against the pursuit of perfect indicators, as no indicator can guarantee 100% accuracy, and striving for such perfection is a fundamental mistake typical of inexperienced investors.

Multicoin Capital, Web3 Vision Shattered? Industry OG and Multicoin Co-founder Resign from Multicoin (Golden Finance) - Crypto Plunge, OG Departs.

Claude, Artificial Intelligence, Claude's intelligent agent crushes Wall Street, nearly a trillion dollars in market value evaporates. Golden Finance: Before AI replaces humans, will it first replace a large wave of software?

随着 RWA 进入规模化发行阶段，市场逐步发现，资产是否能够上链已不再是核心问题。

Tether has scaled back plans to raise up to $20 billion, with advisers now exploring a smaller raise of around $5 billion after investors pushed back on its $500 billion valuation. The company said the higher figure was never a target and highlighted that it made about $10 billion in profit last year, reducing the need for external funding.

If you're building a global network, the ultimate problem you need to solve isn't performance, but trust.

Current participation in the crypto market is far lower than before, crypto assets are facing severe selling pressure, and the direction of US policy is uncertain... Industry insiders predict that the price of BTC could fall to as low as $40,000.

While the broader crypto market sinks deeper into pessimism, XRP is emerging as a rare sentiment outlier, showing signs of resilience even as traders turn sharply bearish on Bitcoin and Ethereum.

Refactoring the front end won't save a backend that's a mess; patching the token model won't save a worthless coin with no real demand.

Italian authorities raided the offices of third-tier football club Triestina Calcio and the homes of 15 people over suspected money laundering and false accounting. Investigators are checking how the club managed 10 million euros in public funding and 40 million euros from international bank transfers, while debts now total around 60 million euros.

Bhutan is quietly paring back its once-ambitious Bitcoin stockpile, unloading millions in BTC as falling prices and harsher mining economics force a rethink of the kingdom’s crypto strategy.