
Good afternoon,
Bitcoin fell below $73,000 as more than $800 million in crypto liquidations mounted, underscoring continued market stress. Meanwhile, the Aave DAO is proposing the first phase of streamlining its Aave V3 multichain strategy, BNB Chain deployed ERC-8004 to add a trust layer for AI agents, and EthCC is returning to Cannes with a renewed focus on institutional adoption of Ethereum.
More news below! 👇


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News Roundup
Artificial Intelligence
Decentralized, Centralized, & Traditional Finance
Rails Taps Stellar for Onchain Vaults to Attract Institutional Derivatives Liquidity (Cointelegraph)
Tian Ruixiang Enters $1.1B Bitcoin-for-Equity Deal With Strategic Investor (Cointelegraph)
Aave DAO Proposes Streamlining V3 Multichain Strategy (Aave DAO)
Aave Labs Shuts Down Avara Brand and Family Wallet to Refocus on DeFi (The Block)
Ark Invest Buys More Crypto Stocks Amid Market Slump (The Block)
Tether Scales Back Funding Plans After Investor Pushback (Financial Times)
Bitwise to Acquire Staking Firm Chorus One in Expansion Push (The Block)
Ripple Prime Adds Hyperliquid in First DeFi Integration (The Block)
UBS Eyes Direct Crypto Access With ‘Fast Follower’ Tokenization Strategy (The Block)
Fidelity Launches FIDD Stablecoin for Retail and Institutional Use (The Block)
BBVA Joins EU Banks’ Push for Euro Stablecoin to Counter Digital Dollars (CoinDesk)
Hyperliquid Treasury to Use HYPE Holdings as Options Collateral (The Block)
CME Group Considers Launching Its Own ‘CME Coin’ (CoinDesk)
U.S. Public Pensions Deeply Underwater on Strategy Bets (DL News)
Exchanges
Binance SAFU Fund Adds 1,315 More Bitcoin (Arkham)
Coinbase Launches Prediction Markets (Coinbase Predict)
Binance Tops CoinMarketCap’s January 2026 Crypto Exchange Reserves Ranking (CoinMarketCap)
Mercado Bitcoin Expands RWA Push With $20M Tokenized Private Credit on Rootstock (Cointelegraph)
Exchange-Traded Funds
VistaShares Launches Treasury ETF Offering Options-Based Bitcoin Exposure (Cointelegraph)
On Feb. 3, U.S. Bitcoin spot ETFs recorded $272.02 million in net outflows.
U.S. Ethereum spot ETFs saw $14.06 million in net inflows on Feb. 3.
Infrastructure
Ethereum Developers Begin Debate Over Hegota Upgrade (DL News)
LCX Builds Compliance-Native Layer 2 for Tokenized Assets (Cointelegraph)
Fireblocks Integrates Canton Network for Regulated Onchain Settlement (Cointelegraph)
BNB Chain Deploys ERC-8004 to Add Trust Layer for AI Agents (BNB Chain)
Polkadot Dev Shrugs Off Slow Smart Contract Uptake After Launch (DL News)
Markets
Bitcoin, Ethereum Extend Selloff as Analysts Warn of Deeper Downturn (DL News)
Bitcoin-Led Selloff Wipes Nearly $500 Billion From Crypto Market (Bloomberg)
U.S. January ADP Employment Change: 22,000, Exp. 48,000, Prev. 41,000. (ADP)
Crypto Markets Fracture as Liquidity “Islands” Form During Broad Selloff (The Block)
Vitalik Buterin Moves $29M in ETH to Back Ethereum Foundation (Decrypt)
Bitcoin Hits 15-Month Low Below $73K as $800M in Crypto Liquidations Mount (Cointelegraph)
Bitcoin Mining Stocks Slide as BTC Extends Weekly Losses (Decrypt)
Politics & Regulation
White House Rejects Crypto Bill Targeting Trump (CoinDesk)
France Weighs VPN Restrictions to Enforce Age-Restricted Social Media Ban (Decrypt)
Nevada Sues Coinbase Over Unlicensed Sports Betting via Prediction Markets (Cointelegraph)
Spain Moves Toward Under-16 Social Media Ban, Following UK Lead (Cointelegraph)
U.S. Treasury Probes Crypto Exchanges for Iran Sanctions Evasion (CoinDesk)
Canada Tightens Crypto Custody Rules to Prevent Another QuadrigaCX (CoinDesk)
South Korean Regulators Probe ZKsync Price Spike on Upbit (DL News)
Treasury Secretary Says U.S. Can’t ‘Bail Out’ Bitcoin (Decrypt)
Treasuries
Venture Capital
Other News
Polymarket and Kalshi Battle for Users With Free Groceries in NYC (Cointelegraph)
Crypto Divides the Korean Peninsula: Wealth Engine in the South, War Chest in the North (Cointelegraph)
Bitcoin Ransom Note Emerges in Case of Missing Mother of Savannah Guthrie (Decrypt)
Incognito Market Operator Sentenced to 30 Years for Crypto-Fueled Drug Market (Decrypt)
Beware of Fake Photos and Impersonation Scams (CZ)
South Korean Crypto CEO Sentenced 3 Years in Market Manipulation Case (Decrypt)
Armed Robbers Face Up to 15 Years for Stealing Russian Blogger’s Crypto (DL News)
EthCC Returns to Cannes With Focus on Institutional Adoption of Ethereum (The Defiant)
Check This Out!
Ethereum active loans have surpassed $28 billion, marking a tenfold increase since 2023, according to Token Terminal.

Source: Token Terminal
Meme of the Day

Source: Odd-Radio-8500
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