1. Total market value of DeFi tokens: $105.693 billion
DeFi total market value data source: coingecko
2. The transaction volume of decentralized exchanges in the past 24 hours was 7.086 billion US dollars
Top ten rankings of DeFi projects with locked assets and locked-in volume Data source: defillama
1. Total market value of NFT: US$22.031 billion
NFT total market value, market value ranking of the top ten projects Data source: Coinmarketcap
2.24-hour NFT trading volume: 2.555 billionUS dollars
NFT total market value, market value ranking of the top ten projects Data source: Coinmarketcap
3. Top NFTs in 24 hours
Top ten NFTs with the highest sales growth in 24 hours Data source: NFTGO
Musk on the cover of Time
On February 8, Time featured Elon Musk as the cover character and published the article "Elon Musk's War on Washington". On the cover, Musk is wearing a suit and sitting behind a luxurious wooden desk that symbolizes power (or imitates the perseverance desk in the US President's Office). On the left behind him is the US flag, and on the right is the presidential flag, suggesting that Musk is deeply bound to presidential power and American politics. According to the article: On one side is an agency with a 64-year history, a budget of $35 billion, and its mission is clearly defined by federal law; on the other side is Musk's political sabotage team used to dismantle federal bureaucracies. They call themselves members of the Department of Government Efficiency (DOGE), a group of temporary staff with no charter, no website, and no clear legal authorization. Its power comes from Musk, the richest man on the planet, who has been tasked with dismantling much of the structure of the federal bureaucracy - cutting budgets, weakening the civil service, and depriving independent agencies of the ability to hinder the president's goals.
1. Layer3 Game Network B3 will launch B3 tokens and airdrop on February 10
On February 8, Layer3 Game Network B3, built on Base, announced on Friday that it will launch its recently announced B3 token on February 10, accompanied by an airdrop event. A snapshot of network activity will be taken before the planned "S1 airdrop", and there will be more airdrops, tournaments, and gamified ways to earn B3 in the future. According to a post on the X platform, B3's stakers will receive certain benefits, including tokens for dedicated game chains, early experience of new games on the network, and other potential rewards. The post also briefly introduced the token economics: 34.2% of the token supply will be allocated to the community and ecosystem, 23.3% to the team and consultants, 22.5% to the Player1 Foundation to support the B3 ecosystem, and 20% reserved for investors. Tokens for investors, team members and consultants will have a one-year lock-up period, after which they will be unlocked monthly over the next three years. The total supply of B3 has not yet been announced.
2. Telegram game TapSwap will launch token TAPS on BNB Chain
On February 8, Telegram-based click-to-earn game TapSwap announced that its upcoming TAPS token will be released on BNB Chain instead of the originally planned TON network. The game originally planned to complete the token airdrop in late January, but recently stated that it had postponed the token launch in order to find better market conditions based on the advice of an unnamed "first-level" decentralized exchange. However, after completing the first season of the game on February 6, the project decided to move forward with the token launch on BNB Chain, which is expected to take place on February 14, according to an X post earlier this week.
3. Report: Telegram game user retention rate hovers between 5-20%, far below traditional game benchmarks
Golden Finance reported that data analysis company Helika released a report saying that Telegram game user retention rate "hovered between 5-20%, far below traditional game benchmarks (20% to 30%)." The analysis company also said that disappointing airdrops, especially the "Hamster Kombat" airdrop, caused the "excitement" of Telegram's click-to-earn game to dissipate. After the airdrop, Hamster Kombat's user base plummeted from 300 million in August to 41 million in November. The company added: "As the appeal of easy airdropping funds gradually weakens, the number of DAU/MAU in similar applications has declined, and the activity of the entire ecosystem has also declined."
1. Arweave Oasis, a blockchain built on Arweave, will be launched on the mainnet tomorrow
On February 8, according to the news released by Arweave Oasis, its mainnet will be officially launched at 7:20AM Beijing time on February 9. It is reported that AO is a scalable blockchain network built on Arweave, which supports unlimited parallel computing operations while maintaining network verifiability. Its distributed architecture allows existing smart contract platforms to be easily accessed.
2. The net inflow/outflow of funds in the US Ethereum spot ETF yesterday was 0
On February 8, according to SoSoValue data, the total net outflow of Ethereum spot ETF yesterday (February 7, Eastern Time) was 0.00 US dollars. Yesterday, Grayscale Ethereum Trust ETF ETHE had a single-day net outflow of 0.00 US dollars, and the current historical net outflow of ETHE is 3.926 billion US dollars. Grayscale Ethereum Mini Trust ETF ETH had a single-day net outflow of 0.00 US dollars, and the current historical total net inflow of Grayscale Ethereum Mini Trust ETH is 612 million US dollars. As of press time, the total net asset value of Ethereum spot ETF is 9.88 billion US dollars, the ETF net asset ratio (market value to the total market value of Ethereum) is 3.17%, and the historical cumulative net inflow has reached 3.179 billion US dollars.
3. StarkWare co-creation: STARK prover Stwo is planned to be deployed on Starknet and StarkEx system mainnet in the second quarter
Golden Finance reported that Eli Ben-Sasson, co-founder and CEO of StarkWare, published an article on the X platform to explain the next chapter of Starknet. He said that the new STARK prover Stwo will be launched on Starknet and StarkEx system mainnet in the second quarter of 2025, which is expected to provide faster client proofs for games, DeFi, etc. Starknet has the lowest average user operation cost among all Rollups. Eli Ben-Sasson also said that the current STRK first phase pledge volume has exceeded 160 million, with more than 60,000 pledged users; Starknet is about to become the first network to settle on both Bitcoin and Ethereum. If OP_CAT is delayed or not adopted, alternative paths will be taken, including BitVM, ColliderScript, operations simulated by Taproot, and trust-minimized side chains.
4.Solana re-pledge agreement Fragmetric completes US$7 million seed round of financing
Golden Finance reported that Solana re-pledge agreement Fragmetric completed US$7 million in seed round of financing, led by Finality Capital Partners and Hashed, with participation from Hypersphere, Presto Labs, Bitscale Capital, Halo Capital and Flowdesk. The new funds intend to enhance the security and economic growth of the Solana ecosystem, and establish a re-pledge ecosystem through standardized LRT and community contributions.
5. DeFi investment platform Prodigy.Fi completes $5 million seed round financing, led by Quantstamp and Republic
Golden Finance reported that DeFi investment platform Prodigy.Fi announced the completion of a $5 million seed round of financing, led by Quantstamp and Republic, with participation from Arbelos Markets, RSK Capital and Samara Alpha Management. The new funds are intended to support its platform to buy or sell cryptocurrencies such as Wrapped Ethereum (WETH) based on Berachain.
Disclaimer: As a blockchain information platform, Golden Finance publishes articles for information reference only and is not intended as actual investment advice. Please establish a correct investment concept and be sure to increase risk awareness.
It's quite incredible. This may be the first time that people hope that the National Day will pass quickly. The arrival of the National Day holiday has pressed the "pause button" on the recent rising market, and investors are itching to watch the A-share market close.
AlexCrypto scammers are leaving the TON blockchain due to a lack of high-value targets, as fewer wealthy investors remain on the network. With TON's growing popularity and security measures, scammers are shifting their focus to other platforms, like Bitcoin, for better opportunities.
WeatherlyHong Kong’s Securities and Futures Commission (SFC) plans to issue more licenses to crypto exchanges and digital asset firms by year-end. Its 2024-2026 roadmap focuses on strengthening crypto platform regulations, promoting Real World Asset (RWA) tokenisation, and exploring blockchain technologies further.
KikyoThe SEC warns of a surge in "romance investment scams," where fraudsters pose as romantic partners. The regulatory agency urges caution, especially during World Investor Week, as the FBI reports $5.6 billion lost to crypto scams in 2023.
CatherineBurls Art has created a unique electric guitar that also functions as an aquarium, inspired by AI-generated designs. This innovative project faced engineering challenges, but Burls Art successfully combined art and technology, resulting in a fully playable instrument that also houses aquatic life.
WeatherlySamsung Electronics is facing a significant crisis as its semiconductor division reports disappointing financial results and struggles with competition, leading to a rare public apology from the new leader. The company is dealing with delays in crucial chip deliveries, a drop in share prices, and plans to cut jobs to address its challenges and restore its competitiveness in the market.
AnaisIt is incredible that this may be the first time that people hope that the National Day holiday will pass quickly. The arrival of the National Day holiday has pressed the "pause button" on the recent rising market, and investors are eager to see the A-share market closed.
AlexThe latest trailer for HBO's documentary will reveal the true identity of Satoshi Nakamoto this week. Its producer admitted to confronting the real person in person and believed that Satoshi Nakamoto is still alive. According to betting market data, the market currently speculates that the most likely candidate is Nick Szabo, which coincides with Musk's early theory.
MiyukiThere are reports that USDT, the world's largest dollar stablecoin, may be delisted from the European Coinbase exchange. Tether plans to develop new technical solutions for the European market to comply with the EU's MiCA regulations.
WeiliangElon Musk's X has returned to Brazil after paying a $5.5 million fine and complying with court orders on hate speech moderation, ending a standoff with Justice Alexandre de Moraes over far-right accounts and misinformation. Was it compliance or the hefty fine that led to its reinstatement?
Catherine