DAOplomacy

MakinaFi was hacked on January 20th, resulting in the theft of 1299 ETH, worth approximately $4.13 million. When the attacker transferred the stolen funds, they were front-run by an MEV address, and the funds were split between two addresses. This incident highlights the security risks of DeFi platforms and serves as a reminder for users to carefully assess risks.

【Crypto World】Recently, a major compliant platform's institutional account has made a significant move—transferring 577 Bitcoins to an unknown address, valued at approximately $53.387 million USD. This transfer has attracted market attention. Large-scale BTC flow changes often reflect strategic adjustments by institutional investors, whether it is strategic position shifting, risk hedging, or other purposes. It is still difficult to determine the exact reason. However, judging by the transaction scale, such institutional-level operations have always been a market indicator.

The new project Bitway is raising $1 million with a valuation of $80 million. The token sale started on January 24, with 50% of tokens released at TGE. Participants are required to invest a minimum of $1,000. The project aims to connect on-chain liquidity with global assets, but US and Canadian investors are excluded. The overall fundraising structure is fairly conventional.

MegaETH announces that the mainnet will officially launch on January 22nd, followed by a one-week global stress test aimed at verifying a transaction processing capacity of 11 billion transactions, with TPS reaching 15,000 to 35,000. During the stress test, multiple on-chain applications will be launched, followed by the opening of USDM-related ecosystem applications, including DeFi protocols and consumer scenarios.

Citigroup analyst Akira Hoshino warns that if the yen continues to depreciate, the Bank of Japan may adopt aggressive rate hikes this year, with forecasts of a 25 basis point increase in April, July, and before the end of the year. The fundamental reason for the yen's continued depreciation is that real interest rates are negative, reducing its attractiveness. The expected yen exchange rate fluctuation range is between 150 and 165, and central bank policy adjustments may become a significant factor influencing the market.

【Crypto World】Large investors are making moves again. According to on-chain monitoring data, a massive Ethereum transfer has just been completed—24,544 ETH transferred from an unknown wallet directly to the Beacon Chain deposit contract, worth approximately $78.97 million USD. This transfer is significant, and such large transactions usually attract market attention. From the perspective of the Beacon Chain deposit contract, this could indicate that institutions or whales are staking. Recently, the ETH ecosystem has been quite active, and the actions of big players often reflect subtle market changes.

【Crypto World】A question that has been discussed in the crypto circle is—what is the future of the US dollar? Some say it will become obsolete like Windows, and funds will eventually flow into cryptocurrencies. But others disagree. There is a voice in the investment community that believes USD-backed stablecoins are doing one thing: making large-scale purchases of US Treasuries and promoting the digital use of the dollar worldwide. This, in fact, strengthens the dominance of the US dollar. Both viewpoints have their merits, but they point to completely different futures. One is disruption, the other is evolution.

Geopolitical changes are driving market attention to strategic minerals such as lithium, nickel, cobalt, and rare earth elements, due to their sustained demand in electric vehicles, batteries, and AI data centers. Upstream producers located in stable regions, such as Albemarle, are seen as the main beneficiaries. The future reshaping of the industry chain and the sustainability of supply security premiums still require close attention.

The Reserve Bank of India is promoting the connection of central bank digital currencies among BRICS countries with the aim of reducing cross-border payment friction. This topic is expected to be discussed at the 2026 BRICS summit. Although still in the early stages, details such as technology and governance need to reach consensus. Success could reshape the international payment landscape.

Recently, analysts compared Bitcoin's current trend with that of 2022, believing that the short-term price patterns are similar, but the macroeconomic background has undergone significant changes. The current liquidity index has rebounded, indicating a positive long-term trend. Unlike the previous retail-dominated phase, the Bitcoin market has now shifted to institutional dominance, with stable demand. Unless new inflation shocks or other conditions emerge, the current bearish market forecast is more speculative than based on empirical analysis.

Data from January 19th shows that the overall trading volume of perpetual DEXs over the weekend has weakened. Hyperliquid remains the leader with a 24-hour trading volume of $2.79 billion. Lighter and EdgeX follow closely behind, with trading volumes of $2.26 billion and $2.15 billion respectively. Mid-tier platforms Aster demonstrate user holding willingness, while Variational and Paradex appear slightly weak. The overall market remains stable.

Asian crypto markets collectively retraced on Monday, with Bitcoin falling below $92,000, Ethereum dropping below $3,200, and Solana falling below $140. Total liquidations across the network reached $593 million, with longs accounting for nearly 90%. The market is concerned about the Federal Reserve's policy shift, geopolitical tensions, and obstacles from crypto legislation, leading to profit-taking at high levels. Traders should respond rationally to market fluctuations and maintain a clear understanding of risks.

A leading exchange announced that starting from January 19, the withdrawal fee for USD via the SWIFT channel has been reduced from $60 to $25, only affecting the withdrawal side, while deposits remain free. This adjustment will significantly reduce the costs for frequent traders and is beneficial for both individual and institutional users.

Stellar has recently been fluctuating in the $0.18-0.22 range, with bearish pressure weakening, indicating a market sentiment rebound. Exchange fund outflows have decreased, suggesting a reduction in selling enthusiasm. If it can break through the $0.25-0.26 resistance, a bullish trend is expected.

Market participants are paying attention to the capital flow after the gold market capitalization surpasses $10 trillion, especially as some funds may flow into Bitcoin. Due to Bitcoin's smaller market cap and high liquidity volatility, even a small amount of capital inflow can impact price trends. Meanwhile, gold prices may hit a new all-time high, and whether both can move in tandem still depends on changes in the fundamentals.

Ethereum's on-chain daily active addresses have recently doubled, indicating a resurgence in network activity. In terms of funds, ETF buy orders are concentrated in the $3,119 to $2,772 range. Technical analysis shows that the price needs to hold above $3,085 to attempt a breakthrough above $3,400, with further targets potentially at $3,660 or $4,000.

【Crypto World】In the past six hours, the overall cryptocurrency market has experienced a significant correction, with the total market capitalization once shrinking by over $100 billion. Such volatility is not uncommon in the market and typically reflects rapid changes in investor sentiment or the occurrence of some major events. Friends who follow market trends should all be able to feel the impact of this fluctuation.

【BitPush】The sentiment thermometer of the crypto market has dropped again. According to Coinglass's Fear and Greed Index, the current reading is 43, down 7 points from yesterday. This indicates that the market has shifted from greed to a more rational state. Looking at a broader perspective, the average over the past week is 46, while the average over the past month is only 31 — this shows that market sentiment has indeed been easing recently. Against this backdrop, many investors are beginning to reflect on their strategies and seek more stable investment opportunities.

On January 10th, a whale lost $282 million due to social engineering scams, and the cryptocurrency was drained. The hacker quickly transferred $63 million and laundered the money, demonstrating their technical skills and liquidity understanding. This incident serves as a reminder for holders to strengthen security awareness and guard against social engineering attacks.

January 19th, the Solana ecosystem experienced a market correction with most Meme coins declining, but RALPH surged by 45%, with a market capitalization approaching $30 million. SOL and ZReaL also performed well, with increases of 28% and rapid upward movement. Investors are reminded that Meme coin trading carries high risks and should participate cautiously.