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CZ revealed that he first bought Bitcoin in early 2014 when the price was about $600; Matrixport said that a 10% correction in Bitcoin could be a strategic buying opportunity; Russia's largest energy supplier, Rosseti, will launch a cryptocurrency mining business.CZ revealed that he first bought Bitcoin in early 2014 when the price was about $600; Matrixport said that a 10% correction in Bitcoin could be a strategic buying opportunity; Russia's largest energy supplier, Rosseti, will launch a cryptocurrency mining business.

PA Daily | DeepSeek tops Apple's US free APP download rankings; Jupiter announces that 3 billion JUP tokens have been destroyed

Author: PANews

Source: PANews

2025/01/27 17:30

9 min read

JUP$0.1977+3.99%

APP$0.0001678-8.55%

FREE$0.00009274-0.69%

Today's news tips:

DeepSeek surpasses ChatGPT and tops Apple's free APP download rankings in the United States

CoinShares: Digital asset investment products attracted $1.9 billion in inflows last week, and no digital asset investment products saw outflows

Russia's Largest Energy Supplier Rosseti to Start Crypto Mining Business

The author of "Rich Dad Poor Dad" said that the biggest stock market crash in history will come in February, and a large amount of funds may flow into Bitcoin, gold and silver

USDC Treasury mints 250 million new USDC on Solana chain

43.6% of users believe that Solana will completely defeat Ethereum, and 31.5% believe that Ethereum’s position is impregnable

CZ revealed that he first bought Bitcoin in early 2014 when the price was around $600

Matrixport: Bitcoin -10% pullback may be a strategic buying opportunity

Jupiter announces it has destroyed 3 billion JUP tokens

Regulatory/Macro

Russia's Largest Energy Supplier Rosseti to Start Crypto Mining Business

Russia’s largest energy supplier Rosseti plans to start cryptocurrency mining operations by allowing specific power supply centers to cooperate with Bitcoin mining companies, according to Russian state news agency TASS. Rosseti said the company will serve as an “operator for coordinating the deployment of crypto mining infrastructure” and focus on “power supply centers with low utilization rates.” Rosseti CEO Andrei Reyumin has written to Russian Prime Minister Mikhail Mishustin, seeking approval to coordinate the deployment of mining centers in various regions. The company claims that crypto mining will not only increase the utilization of idle capacity, but will also increase grid load and tariff revenues, thereby promoting economic development and tax growth in Russia. Rosseti is exploring a variety of tools to incentivize low-load power centers to participate in mining, including adopting special electricity tariff policies, while using the grid’s load management capabilities to ensure power supply reliability.

AI

DeepSeek surpasses ChatGPT and tops Apple's free APP download rankings in the United States

According to Cailianshe, the Deepseek application developed by the domestic large-scale model company Hangzhou Deepseek topped the free APP download rankings of Apple's App Store in China and the United States on the 27th, surpassing ChatGPT in the US download list. Deepseek comes from the domestic large-scale model company Deepseek, which is a large-scale model company under the quantitative giant Huanfang Quantitative. On January 20, the company officially released the inference large-scale model DeepSeek-R1. Once launched, DeepSeek-R1 caused a sensation in the overseas developer community with its "good quality and low price" features. As an open source model, R1's performance in tasks such as mathematics, code, and natural language reasoning is comparable to the official version of the OpenAI o1 model, and adopts the MIT license agreement, supporting free commercial use, arbitrary modification and derivative development, etc. Currently, on the foreign large model ranking list Chatbot Arena, DeepSeek-R1's benchmark ranking has risen to third among all categories of large models, tied with OpenAI's latest version of ChatGPT-4o, and tied with OpenAI's o1 model for first place in the style control model (StyleCtrl) category.

Project News

Jupiter announces it has destroyed 3 billion JUP tokens

Jupiter announced the destruction of 3 billion JUP tokens. In August last year, JupiterDAO passed a proposal to destroy 30% of the JUP token supply, reducing the total supply from 10 billion to 7 billion.

DeepSeek: The downtime may be related to service maintenance, request restrictions, etc.

The service status page of DeepSeek's official website shows that DeepSeek API is unavailable and V3 API is being restored... Yesterday (26th), DeepSeek had a short-term flash crash. Regarding the reason why DeepSeek's webpage/API is unavailable, DeepSeek responded that it may be related to factors such as service maintenance and request restrictions.

Web3Port Foundation spends $10 million to buy nearly 200 million WLFI tokens

Web3Port Foundation announced on the X platform that it has spent 10 million USDT to purchase 200 million WLFI tokens of the Trump family's crypto project World Liberty Financial (WLFI). At present, the follow-up investment plan is still in progress. Both parties said that they are actively seeking long-term cooperation and exploring synergy opportunities in multiple fields such as investment layout and ecological development.

Viewpoint

The author of "Rich Dad Poor Dad" said that the biggest stock market crash in history will come in February, and a large amount of funds may flow into Bitcoin, gold and silver

Robert Kiyosaki, author of Rich Dad Poor Dad, reiterated on social media the prediction in his 2013 book that the biggest stock market crash in history will come in February 2025. He said the crash will cause a large amount of money to flow from the stock and bond markets to Bitcoin, gold and silver. He predicted that Bitcoin will see a substantial growth and advised investors to deploy cryptocurrency and precious metal assets as soon as possible. He stressed that even a small investment, such as one Satoshi, could bring huge returns. Kiyosaki sees the crash as an opportunity to "discount" assets, while reminding investors to stay away from "fake assets." Earlier news, the author of Rich Dad Poor Dad: Buying one Satoshi Bitcoin can also make you rich.

43.6% of users believe that Solana will completely defeat Ethereum, and 31.5% believe that Ethereum’s position is impregnable

DiscusFish, co-founder of Cobo & F2pool, initiated a vote in a tweet yesterday to discuss whether Solana can shake Ethereum's position within a year and become the preferred smart contract platform for developers and users. The voting results show: • 31.5% think it is completely impossible and Ethereum's position is difficult to shake; • 9.4% think Solana may occupy 1/3 of the market; • 15.5% think Solana may occupy 1/2 of the market; • 43.6% think Solana will win in the end. A total of 5,544 people participated in the survey, and the polarization was obvious. The results may be one-sided, but they are for reference only.

Matrixport: Bitcoin -10% pullback may be a strategic buying opportunity

Matrixport said that since the bull market started at the end of 2022, Bitcoin has shown strong resilience, with 30-day price corrections rarely exceeding -10%, while monthly declines during bear markets are often as high as 30% or more. Last week, Bitcoin approached the -10% correction level, which is usually regarded as the bottom of consolidation in this bull market. In contrast, the +40% surge in March and November 2024 is considered an opportunity for profit-taking. Judging from the trend chart, Bitcoin is still in the bull market stage. If the trend continues, a -10% correction may be a strategic buying opportunity.

CZ revealed that he first bought Bitcoin in early 2014 when the price was around $600

Binance founder CZ tweeted that there may be many "opportunities" or "quick returns" in a hot market, but the best strategy is to stick to fundamentals. He also admitted that he does not do technical analysis and believes that it is important to know what he "does not know". At the same time, he revealed that his first Bitcoin purchase was in early 2014, when the price was about $600, but then fell to $200 and remained there for about 8 months.

Important data

CoinShares: Digital asset investment products attracted $1.9 billion in inflows last week, and no digital asset investment products saw outflows

According to the latest weekly data from CoinShares, digital asset investment products attracted a total of $1.9 billion in inflows last week, bringing the total year-to-date (YTD) inflows to $4.8 billion, influenced by the recent presidential executive order proposing to use Bitcoin as a strategic reserve asset. Despite the small price fluctuations last week, trading volume was still as high as $25 billion, accounting for 37% of the total trading volume of trusted crypto exchanges. In terms of Bitcoin, inflows last week reached $1.6 billion, and the YTD inflow totaled $4.4 billion, accounting for 92% of all inflows in the digital asset field. In addition, as the price of Bitcoin hit a record high before the presidential inauguration, short Bitcoin ETFs have also regained attention, with inflows of $5.1 million. In the field of altcoins, Ethereum's performance has rebounded, with an inflow of $205 million last week; XRP also attracted an inflow of $18.5 million. Among other smaller digital assets, Solana, Chainlink and Polkadot recorded inflows of $6.9 million, $6.6 million and $2.6 million, respectively. It is worth noting that there was no outflow of funds from all digital asset investment products last week.

In the past hour, the entire network has liquidated 209 million US dollars, and long orders account for 98.09% of the liquidation

According to Coinglass data, the entire network had a liquidation of US$209 million in the past hour, US$205 million in long positions, and US$4.1734 million in short positions. Among them, BTC had a liquidation of US$41.597 million, ETH had a liquidation of US$34.4368 million, and XRP had a liquidation of US$17.8277 million.

Bitcoin mining difficulty dropped by 2.12% to 108.11 T, the first drop since late September last year

CloverPool data shows that the difficulty of Bitcoin mining has been adjusted at block height 880,992 (2025-1-27 11:22:53), with the difficulty of mining reduced by 2.12% to 108.11 T, the first reduction since the end of September last year. The current average computing power of the entire network is 2.61 ZH/s.

Bitcoin spot ETFs saw a net inflow of $1.76 billion last week, with BlackRock IBIT leading the way

According to SoSoValue data, from January 21 to January 24, Eastern Time, Bitcoin spot ETFs had a weekly net inflow of $1.76 billion. Among them, Blackrock's Bitcoin ETF IBIT ranked first with a weekly net inflow of $1.32 billion, and its historical total net inflow reached $39.73 billion; Fidelity's Bitcoin ETF FBTC ranked second with $202 million, and its historical total net inflow was $13.04 billion. In contrast, Grayscale's Bitcoin Trust GBTC had a weekly net outflow of $97.87 million, and its historical cumulative net outflow reached $21.75 billion. As of press time, the total net asset value of Bitcoin spot ETFs was $123.058 billion, accounting for 5.92% of the total market value of Bitcoin, and the historical cumulative net inflow reached $39.937 billion.

USDC Treasury mints 250 million new USDC on Solana chain

According to Whale Alert monitoring, at 10:25 Beijing time, USDC Treasury minted 250 million USDC on the Solana chain, worth about $250.175 million. According to Lookonchain statistics, Circle has minted a total of 5.25 billion USDC on the Solana blockchain since January 2.

Data: More than 440,000 SOL were transferred from unknown wallets to Binance, with a value of more than $100 million

According to Whale Alert monitoring, at 10:12 Beijing time, 440,969 SOL (worth approximately US$103.75 million) was transferred from an unknown wallet to Binance.

Market Opportunity

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Tags:

#ETF #Whale #Liquidation

The gaming industry is in the midst of a historic shift, driven by the rise of Web3. Unlike traditional games, where developers and publishers control assets and dictate in-game economies, Web3 gaming empowers players with ownership and influence. Built on blockchain technology, these ecosystems are decentralized by design, enabling true digital asset ownership, transparent economies, and a future where players help shape the games they play. However, as Web3 gaming grows, security becomes a focal point. The range of security concerns, from hacking to asset theft to vulnerabilities in smart contracts, is a significant issue that will undermine or erode trust in this ecosystem, limiting or stopping adoption. Blockchain technology could be used to create security processes around secure, transparent, and fair Web3 gaming ecosystems. We will explore how security is increasing within gaming ecosystems, which challenges are being overcome, and what the future of security looks like. Why is Security Important in Web3 Gaming? Web3 gaming differs from traditional gaming in that players engage with both the game and assets with real value attached. Players own in-game assets that exist as tokens or NFTs (Non-Fungible Tokens), and can trade and sell them. These game assets usually represent significant financial value, meaning security failure could represent real monetary loss. In essence, without security, the promises of owning “something” in Web3, decentralized economies within games, and all that comes with the term “fair” gameplay can easily be eroded by fraud, hacking, and exploitation. This is precisely why the uniqueness of blockchain should be emphasized in securing Web3 gaming. How Blockchain Ensures Security in Web3 Gaming?

Immutable Ownership of Assets Blockchain records can be manipulated by anyone. If a player owns a sword, skin, or plot of land as an NFT, it is verifiably in their ownership, and it cannot be altered or deleted by the developer or even hacked. This has created a proven track record of ownership, providing control back to the players, unlike any centralised gaming platform where assets can be revoked.
Decentralized Infrastructure Blockchain networks also have a distributed architecture where game data is stored in a worldwide network of nodes, making them much less susceptible to centralised points of failure and attacks. This decentralised approach makes it exponentially more difficult to hijack systems or even shut off the game’s economy.
Secure Transactions with Cryptography Whether a player buys an NFT or trades their in-game tokens for other items or tokens, the transactions are enforced by cryptographic algorithms, ensuring secure, verifiable, and irreversible transactions and eliminating the risks of double-spending or fraudulent trades.
Smart Contract Automation Smart contracts automate the enforcement of game rules and players’ economic exchanges for the developer, eliminating the need for intermediaries or middlemen, and trust for the developer. For example, if a player completes a quest that promises a reward, the smart contract will execute and distribute what was promised.
Anti-Cheating and Fair Gameplay The naturally transparent nature of blockchain makes it extremely simple for anyone to examine a specific instance of gameplay and verify the economic outcomes from that play. Furthermore, multi-player games that enforce smart contracts on things like loot sharing or win sharing can automate and measure trustlessness and avoid cheating, manipulations, and fraud by developers.
Cross-Platform Security Many Web3 games feature asset interoperability across platforms. This interoperability is made viable by blockchain, which guarantees ownership is maintained whenever assets transition from one game or marketplace to another, thereby offering protection to players who rely on transfers for security against fraud. Key Security Dangers in Web3 Gaming Although blockchain provides sound first principles of security, the Web3 gaming ecosystem is susceptible to threats. Some of the most serious threats include:

Smart Contract Vulnerabilities: Smart contracts that are poorly written or lack auditing will leave openings for exploitation and thereby result in asset loss. Phishing Attacks: Unintentionally exposing or revealing private keys or signing transactions that are not possible to reverse, under the assumption they were genuine transaction requests. Bridge Hacks: Cross-chain bridges, which allow players to move their assets between their respective blockchains, continually face hacks, requiring vigilance from players and developers. Scams and Rug Pulls: Rug pulls occur when a game project raises money and leaves, leaving player assets worthless. Regulatory Ambiguity: Global regulations remain unclear; risks exist for players and developers alike. While blockchain alone won’t resolve every issue, it remediates the responsibility of the first principles, more so when joined by processes such as auditing, education, and the right governance, which can improve their contribution to the security landscapes in game ecosystems. Real Life Examples of Blockchain Security in Web3 Gaming Axie Infinity (Ronin Hack): The Axie Infinity game and several projects suffered one of the biggest hacks thus far on its Ronin bridge; however, it demonstrated the effectiveness of multi-sig security and the effective utilization of decentralization. The industry benefited through learning and reflection, thus, as projects have implemented changes to reduce the risks of future hacks or misappropriation. Immutable X: This Ethereum scaling solution aims to ensure secure NFT transactions for gaming, allowing players to trade an asset without the burden of exorbitant fees and fears of being a victim of fraud. Enjin: Enjin is providing a trusted infrastructure for Web3 games, offering secure NFT creation and transfer while reiterating that ownership and an asset securely belong to the player. These examples indubitably illustrate that despite challenges to overcome, blockchain remains the foundational layer on which to build more secure Web3 gaming environments. Benefits of Blockchain Security for Players and Developers For Players: Confidence in true ownership of assets Transparency in in-game economies Protection against nefarious trades/scams For Developers: More trust between players and the platform Less reliance on centralized infrastructure Ability to attract wealth and players based on provable fairness By incorporating blockchain security within the mechanics of game design, developers can create and enforce resilient ecosystems where players feel reassured in investing time, money, and ownership within virtual worlds. The Future of Secure Web3 Gaming Ecosystems As the wisdom of blockchain technology and industry knowledge improves, the future for secure Web3 gaming looks bright. New growing trends include: Zero-Knowledge Proofs (ZKPs): A new wave of protocols that enable private transactions and secure smart contracts while managing user privacy with an element of transparency. Decentralized Identity Solutions (DID): Helping players control their identities and decrease account theft risks. AI-Enhanced Security: Identifying irregularities in user interactions by sampling pattern anomalies to avert hacks and fraud by time-stamping critical events. Interoperable Security Standards: Allowing secured and seamless asset transfers across blockchains and games. With these innovations, blockchain will not only secure gaming assets but also enhance the overall trust and longevity of Web3 gaming ecosystems. Conclusion Blockchain is more than a buzzword in Web3; it is the only way to host security, fairness, and transparency. With blockchain, players confirm immutable ownership of digital assets, there is a decentralized infrastructure, and finally, it supports smart contracts to automate code that protects players and developers from the challenges of digital economies. The threats, vulnerabilities, and scams that come from smart contracts still persist, but the industry is maturing with better security practices, cross-chain solutions, and increased formal cryptographic tools. In the coming years, blockchain will remain the base to digital economies and drive Web3 gaming environments that allow players to safely own, trade, and enjoy their digital experiences free from fraud and exploitation. While blockchain and gaming alone entertain, we will usher in an era of secure digital worlds where trust complements innovation. The Role of Blockchain in Building Safer Web3 Gaming Ecosystems was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story