Author: 行政

Ethereum’s most infamous experiment is back. Not as a venture fund, but as something the ecosystem arguably needs more: a permanent security budget.On Jan. 29, a group of Ethereum veterans announced plans to convert roughly 75,000 ETH in decade-old recovery funds into a staked endowment whose yield will finance smart contract security work across Ethereum and its layer-2 ecosystem.The capital comes from “edge case” funds left over from the 2016 hard fork that rescued TheDAO from collapse. Those are funds thatwere always intended, if unclaimed, to support security infrastructure.A decade later, the tooling and threat landscape have matured enough to…

Bitcoin’s Thursday slide was a perfect illustration of a market that lost its marginal buyer and then discovered, in real time, how much leverage was sitting on top of that demand.The move wasn’t a smooth ride lower; it came in sharp legs that pushed the price from $84,400 toward the low-$81,000s in a matter of minutes, with brief rebounds that failed to repair the damage.Graph showing Bitcoin’s price on Jan. 30, 2026 (Source: CryptoSlate BTC)The drawdown caused a massive liquidation wave that reached roughly $1.7 billion, a scale of forced unwinds that tends to appear when positioning has become one-sided…

Bit Digital is exiting Bitcoin mining to focus entirely on Ethereum staking and AI infrastructure. The company is now an “Ethereum treasury” firm, holding 155,227 ETH as of late 2025, with nearly 90% of those assets actively staked for yield. AI compute via WhiteFiber is the primary growth driver, generating nearly 60% of total revenue as of late 2025. Bit Digital (Nasdaq: BTBT) said it plans to fully wind down its Bitcoin mining business, extending a shift it has been making toward an Ethereum-focused treasury model and AI-related infrastructure. In a letter to shareholders on Thursday, chief executive Sam Tabar…

This is a familiar story for those who have been in crypto for a while. Bitcoin crashes, rebounds, and a few altcoins follow after. Yet, that small- or medium-cap crypto with promising fundamentals never followed through.The question investors won’t say aloud: Why did my token never catch the recovery bid?The answer has less to do with the coin’s fundamentals and more to do with how crypto’s microstructure has fundamentally reshaped itself.The “investable altcoin market” has contracted into a top-heavy pyramid in which new liquidity doesn’t rotate down the capitalization curve. Instead, it concentrates in majors and occasionally in ETF-credible large…

Solana’s active validator count has plummeted 68%, dropping from over 2,500 in 2023 to roughly 795 in early 2026. Smaller operators are being priced out by intense competition from zero-fee institutional validators and annual voting costs that now exceed $49,000. Network decentralisation is weakening, as evidenced by the Nakamoto Coefficient falling from 31 to 20, signaling that control is concentrating among fewer large-scale entities. Solana’s validator network is shrinking fast due to economic reasons. According to data from Solana Compass, the number of active validators has fallen from about 2,560 in early 2023 to roughly 795 today, a 68% drop.…

The Senate Agriculture Committee advanced a long-delayed crypto market structure bill on a narrow party-line vote after rejecting all proposed amendments. Democrats pushed for ethics and bipartisan safeguards, while Republicans moved ahead citing stalled negotiations and the need for regulatory clarity. The bill now awaits consolidation with separate Senate Banking Committee legislation before any full Senate vote. US lawmakers moved a long-delayed crypto market structure bill forward on Thursday following a closely watched markup session in the Senate Agriculture Committee, marking a significant procedural step despite deep partisan divisions. The committee advanced the legislation on a 12–11 party-line vote after…

Bitcoin is struggling to avoid a fourth consecutive monthly decline as the cryptocurrency market grapples with a fundamental shift in momentum that has left most investors underwater.Data from CryptoSlate indicate that the largest digital asset declined by nearly 7% over the last 24 hours to $82,513.According to CoinGlass data, long traders speculating on the BTC price were liquidated for more than $750 million during the shock price collapse. This is the highest level of losses for this cohort of traders since last November.Bitcoin Price Liquidation in the Last 24 Hours (Source: CoinGlass)Consequently, BTC is on course to suffer its fourth…

Smart Energy Pays enters the US market, targeting scalable digital payments and settlement infrastructure. The launch includes listing the SEP utility token on UZX to support liquidity and ecosystem access. Built on Smart Energy Chain, the platform emphasizes compliance, security, and real-world payment use cases. Smart Energy Pays has announced its expansion into the United States, reinforcing its strategy to build a globally scalable financial infrastructure platform. The platform is operated by Smart Energy Pay Solution Ltd., positioning itself at the intersection of digital finance and real-world applications. North America represents a key market for digital financial infrastructure due to…

DePIN token prices remain depressed, with most projects launched between 2018 and 2022 still trading 94% to 99% below their all-time highs. On-chain revenue hit $72 million in 2025, signaling a shift toward sustainable business models with valuations now averaging a realistic 10–25x revenue. Top networks are proving real-world demand, with the sector’s $10 billion market cap increasingly driven by cost-efficient infrastructure rather than pure speculation. The vast majority of DePIN token prices are still crushed, but some networks are starting to show real business traction. Messari says most DePIN tokens launched in 2018–2022 remain 94%–99% below their all-time highs.…

The total crypto market cap fell 6% to $2.9 trillion in a single day, marking one of the steepest declines since October 2025. Over $1 billion in leveraged positions were liquidated, predominantly longs, as Bitcoin fell below $84,000 and Ethereum slipped under $2,800. A potential US government shutdown is fueling the panic, after lawmakers failed to advance a funding package ahead of the January 31 deadline. Things are not looking very good in Washington, and the markets are feeling the pressure.  Late Thursday, most tech assets crashed, which spilled over to cryptocurrencies, equities, and precious metals at the same time…