Golden Web3.0 Daily Report | US issues temporary restrictions on Polymarket

DeFi data

1. Total market value of DeFi tokens: $93.19 billion

DeFi Total Market Cap Data Source: coingecko

2. Trading volume of decentralized exchanges in the past 24 hours: $68.88

Trading volume of decentralized exchanges in the past 24 hours. Data source: coingecko

3. Assets locked in DeFi: $105.028 billion$105.028 billion

Top 10 DeFi Projects by Locked Assets and Total Value Locked. Data Source: defillama

NFT Data

1. Total Market Value of NFTs: $8.653 billion

2.24 hours NFT transaction volume 1.741 billion USD

Headlines

Nevada Court Issues Temporary Restraining Order Against Polymarket

A Nevada court has issued a temporary restraining order against Polymarket, prohibiting Blockratize, the entity behind Polymarket, from offering event-based contracts in the state for two weeks. The court believes that Polymarket's activities may have violated Nevada gambling laws and are not protected by federal derivatives-specific regulations.

Hot Topics

1. Gold

The sample generally discusses the flash crash of gold amid rumors of geopolitical conflict, even falling in sync with Bitcoin, questioning the traditional safe-haven logic.

Some argue that gold and silver prices may be artificially suppressed, but they still possess a long-term consensus as safe-haven assets due to the weakening of the US dollar's credibility, and are frequently compared to Bitcoin's "digital gold" attributes. 2. Silver Silver is considered by some to be a core asset in the precious metals bull market, with significant short-term gains even outperforming crypto assets, but this has also raised concerns about a bubble and being trapped at high levels. Besides its financial attributes, some attribute it to long-term narratives related to energy and Dyson sphere materials, reinforcing the imagination of silver's long-term value. 3. Iran Discussions surrounding a potential conflict between the US and Iran are highly concentrated, with the market interpreting the pullback in many assets as pricing in war risks. Polymarket's probability forecasts, the withdrawal of Russian personnel, and the strong statements from Iranian officials have collectively reinforced the narrative of escalating geopolitical tensions, but no definitive conclusion has been reached. 4. WLFI The core of the discussion surrounding WLFI lies in its strategy of "splashing money to gain scale" by driving the expansion of USD1 through high-volume trading and holding incentives. The sample generally believes that it leverages Binance's channels and subsidy efficiency to demonstrate a strong short-term expansion capability in the stablecoin competition. 5. Federal Reserve The consensus among the sample focuses on "pausing interest rate cuts and shifting to a defensive stance," arguing that inflation and rising commodity prices limit policy space. The Federal Reserve's emphasis on independence and data dependence is seen as a significant factor in suppressing the valuation of risky assets and amplifying market volatility. Action Signals

1. Binance | USD1 Trading Incentives Share 12 Million WLFI

2. Moonbirds | Launches BIRB Claiming and Nesting 2.0

3. twin_labs | Completes $10 Million Funding and Launches Airdrop

4. OpenEden | Initiates Governance Voting Process

5. Clawdbot | Exposed to Serious Security Risks

Source: BlockEcho.one

1. Nifty Gateway Promises Permanent Hosting of NFTs After Shutdown

According to a recent announcement from Gemini's NFT platform Nifty Gateway, the platform will continue to host some NFT metadata and media content after its shutdown, providing permanent access. The company plans to migrate most of its NFT data to the decentralized storage network Arweave, but some NFTs minted in 2021 and earlier will still rely on Nifty Gateway's own servers. The company promises to "permanently host" this data. At the same time, the platform has extended the deadline for withdrawing NFTs to April 23 and developed a batch withdrawal tool to facilitate users transferring multiple assets at once. Nifty Gateway entered a withdrawal-only mode earlier this year and was once known for the 2021 NFT boom, but its transaction volume has declined significantly in recent years.

According to Jinse Finance, citing The Kobeissi Letter, Ethereum treasury company BitMine's unrealized losses on its holdings have reached $6.6 billion. If these losses materialize, it will become the fifth largest unrealized loss on its own capital in the history of global financial markets. In 2021, Archegos Capital Management suffered losses of approximately $10 billion, about 66% of its company size, making it the largest loss in its history.

2. Vitalik: Future On-Chain Mechanism Design Will Adopt a Two-Layer Model of "Maximizing Openness and Accountability + Non-Financialized Preference Settings"

According to Jinse Finance, Vitalik Buterin proposed the main future model for on-chain mechanism design: a mechanism similar to prediction markets, maximizing openness and accountability (anyone can buy and sell, good decisions earn money, bad decisions lose money), suitable for a "decentralized execution layer"; decentralized, diversified, and non-tokenized preference settings (anonymous voting, preferably with MAI to prevent collusion), maximizing the space for intrinsic motivation and avoiding token holders buying out control. Prediction markets are the best primitive for achieving "decentralized governance."

3. Crypto Protocol CrossCurve Attacked, Allegedly Losing $3 Million

Jinse Finance reports that the crypto protocol CrossCurve announced its cross-chain bridge has been attacked, with reports indicating that a total of $3 million has been stolen from multiple networks. CrossCurve posted on the social media platform X on Sunday evening that its cross-chain bridge "is under attack, and the attackers have exploited a vulnerability in one of the smart contracts it uses." The announcement also reminded users to "suspend all interactions with CrossCurve during the investigation." Defimon Alerts, an X account focused on blockchain security, stated that CrossCurve was attacked and exploited on "multiple networks," resulting in a loss of approximately $3 million. The account added that a vulnerability in a CrossCurve smart contract allowed arbitrary users to forge messages to bypass the verification process and unlock tokens.

4. Sygnum: Ethereum Supply Tightens, 45% ETH Locked

According to a report by Jinse Finance, citing TheDefiant, Sygnum stated in its Q1 2026 investment outlook that approximately 45% of ETH is currently locked or difficult to sell, and the amount of ETH held by exchanges decreased by 14.5% this quarter, continuing a downward trend over the years. Meanwhile, exchange-traded funds (ETFs) currently hold approximately 10% of the total ETH supply, while publicly traded companies hold over 6.1 million ETH, representing about 5% of the circulating supply. The report points out that reduced supply could lead to greater price volatility, but this will only occur if demand increases.

5. Neo co-founder Erik Zhang has regained posting privileges on official Neo social media accounts

On February 2nd, Neo co-founder Erik Zhang tweeted that Da Hongfei has fulfilled his previous promise and regained posting privileges on Neo's official social media accounts. He will use these privileges responsibly, solely for official communication, and will not post any personal content. However, he emphasized that this should not be seen as an "authorization" of him; in essence, it represents the sharing and return of governance power that has long been monopolized by one party, a power that originally belonged to him.

Disclaimer: Jinse Finance, as a blockchain information platform, publishes articles for informational purposes only and does not constitute actual investment advice. Please establish correct investment concepts and be sure to enhance your risk awareness.