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PA Daily | Binance launches Test (TST) and Cheems (1000CHEEMS); after Trump launches Meme coins, more than 700 tokens are sent to his wallet

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Reprinted from panewslab

02/09/2025·15D

Today's news tips:

1. Musk's confrontation with Washington becomes the cover of the new issue of Time magazine

2. Brazil Stock Exchange B3 will launch BTC options and ETH and SOL futures contracts

3.DeepSeek grows 100 million users in just 7 days

4.CZ: Never purchased nor owned TST, it uses Binance Logo without authorization

5.Binance will launch Cheems (1000CHEEMS) and Test (TST) and add seed tags to them

6.Arweave computing platform AO main network has been launched

7.Berachain Foundation: Part 2 of the airdrop will be distributed to the wallet on February 10

8.pump.fun Lianchuang: The rumors of potential platform issuing tokens are not true

9. More than 700 tokens sent to his wallet after Trump launched Meme Coin

Regulatory/Macro

Musk's confrontation with Washington becomes the cover of the new issue of Time magazine

Musk's confrontation with Washington has become the cover of Time magazine's latest issue, and Elon Musk is leading the massive streamlining operation of the U.S. government. The Department of Government Efficiency (DOGE), who led his leadership, has taken over the U.S. Digital Services department and entered the Office of Personnel Management (OPM), laying off employees, cutting budgets, and rectifying federal agencies. In early February, DOGE tried to force its entry into the United States Agency for International Development (USAID) headquarters. After it was rejected, Musk called it a "criminal organization" on X, and the agency was almost completely shut down.

The Trump administration authorized Musk to advance the "Project 2025" reform with the goal of reducing the size of the government and eliminating opposition forces. Several civil servants were forced to resign because they refused to cooperate, and some senior management of institutions were removed. The Democratic Party and the union have launched legal lawsuits, and some courts have ruled to suspend relevant actions. But Musk still controls key institutions, and the outside world is concerned that government power is overly affected by private entrepreneurs.

Brazil Stock Exchange B3 will launch BTC options and ETH and SOL futures contracts

Brazil Stock Exchange B3 will launch BTC options as well as ETH and SOL futures contracts to expand its cryptocurrency product range. B3 is the major stock exchange in Brazil, with dozens of cryptocurrency exchange-traded products listed as well as stocks, bonds and other financial products.

Montana, the United States authorized up to $50 million to invest in precious metals, digital assets with an average market value of more than $750 billion in the previous year, and stablecoins

Former Sequoia Capital analyst Julian Fahrer tweeted that House of Representatives Act No. 429 of Montana will authorize the Investment Committee to invest up to $50 million in precious metals by July 15, 2025, with an average market value exceeding the previous year. $750 billion in digital assets and stablecoins. These funds must be held by qualified custodians or through an exchange-traded fund.

AI/Meta Universe

DeepSeek becomes the fastest APP to exceed 30 million daily active users

QuestMobile data shows that DeepSeek's daily active users exceeded Doubao for the first time on January 28, and then exceeded the 30 million mark on February 1, becoming the fastest application in history to achieve this milestone.

DeepSeek grows 100 million users in just 7 days

According to IT Home AI product list, after the release of the DeepSeek R1 model on January 20 this year, the number of DeepSeek users increased by 125 million in January (Note: including websites (Web) and applications (Apps) accumulation and no deduplication). Among them, more than 80% of users came from the last week of January, that is, DeepSeek achieved 100 million user growth in 7 days without any advertising.

Project News

Binance Alpha adds TST

The App page shows that Binance Alpha has added TST.

Binance will launch Cheems (1000CHEEMS) and Test (TST) and add seed tags to them

According to the official announcement, Binance will launch Cheems (1000CHEEMS) and Test (TST) and add seed tags to them. The online time is 19:00 on February 9 (UTC+8).

Bitget will launch Test (TSTBSC) in the Innovation and Meme Zone

According to the official announcement, Bitget will launch Test (TSTBSC) in the Innovation and Meme zone. The transaction is open at 18:00 on February 9 (UTC+8).

Ethereum block Gas limit increased to 36M, L1 transaction volume increased by 20%

According to the technical update forwarded by Vitalik, Ethereum L1 recently completed a dynamic adjustment of the block Gas upper limit, increasing from 30M to 36M, which increased the L1 transaction throughput by 20%, and is expected to reduce transaction fees by 10% to 30%.

This adjustment is not determined by any single entity, but the result of the verifier gradual adjustment of parameters and reaching consensus. Currently 49.5% of validators have reported a 36M Gas cap.

Arweave computing platform AO main network has been launched

After a year of test network phase, the decentralized storage project Arweave officially launched the mainnet version of its computing platform AO. Native tokens previously minted and distributed to AR holders and testnet depositors will be transferable upon activation of the mainnet.

AO is called "hyperparallel computer" by developers, and it introduces a distributed computing environment with parallel processing capabilities. Arweave's permanent data storage supports AO's operations, ensuring that data is immutable and permanently accessible. According to core developers, AO will support a new wave of dapps, including on-chain autonomous agents focused on AI coordination.

The launch of the AO mainnet is accompanied by the final release of its native token, which is separate from Arweave’s AR token. The maximum supply cap of AO tokens is 21 million, echoing the Bitcoin model. The AO team said it adopted a fair issuance distribution model, distributing tokens to users who bridge assets to the platform and existing AR token holders.

According to the amount of holdings, 36% will be allocated to AR holders over time. The remaining 64% are reserved for economic growth incentives, especially for bridging assets into AO, including rewards for users who deposit assets such as DAI and stETH into the AO ecosystem. Prior to release, more than $700 million had been pre-bridged to the AO test network.

Arweave launched AO's public testnet in February 2024. By June, AO announced its native token AO, as well as token economics and reward mechanisms. The main function of AO tokens is to protect messaging within the network through system incentive proof.

Berachain Foundation: Part 2 of the airdrop will be released to the wallet on February 10

The Berachain Foundation tweeted that the second part of the Berachain airdrop will be released to the wallet on February 10. Top X's yapper and Discord users (Berachain + Bong Bear NFT server). Yapper is identified using the KaitoAI and Cookie3 data engagement index.

Recipients (applications and communities) of RFB programs. More than 200 ecosystem projects and community members have obtained tokens through the Foundation’s RFB program. dApps must use 70% of their allocation for future mainnet rewards and liquidity incentives. Airdrop receivers must register their wallet before 11:59 pm ET on February 9 to receive the allocated tokens. The token will be collected on February 10.

Market News: Pump.fun is planning to issue tokens in Dutch auction mode

Crypto KOL He Bi (@hebi555) tweeted that Pump.fun is planning to issue tokens and conduct public offerings, and will adopt the Dutch auction model. It is currently cooperating with major centralized exchanges to develop public offering programs. Pump.fun is facing a class action lawsuit in the United States, and some voices say it may have a certain impact on issuing coins.

pump.fun Lianchuang: The rumors of potential platform issuance of tokens is not true

Pump.fun co-founder alon posted on X platform: "It is wrong to see rumors about potential pump.fun tokens, and it is recommended not to listen to any news that is not directly from the official one. Although the team has developed over the year of development China is mainly committed to improving products, but is always committed to providing appropriate rewards to users.”

Indian crypto exchange WazirX releases creditor list and balance snapshots

Indian crypto exchange WazirX tweeted that it has released a preliminary list of creditors and a July 18 balance snapshot page within the WazirX app to ensure full transparency in the restructuring process.

Creditors can query their claims amounts (in US dollars) through a unique UUID. The list is arranged in descending order of the claims value and can be searched using UUID. The "Find My Balance" option is also available for easy access. Creditors can also view other creditors’ claims information (using UUID instead of personally identifiable information) by submitting a review request. Creditors can view a snapshot of the balance as of 13:00 on July 18, 2024 (Ind. Standard Time), including the token balance and subsequent deposits.

Viewpoint

CZ: Never purchased nor owned TST, it uses Binance Logo without authorization

CZ tweeted that TST already has a website and an X account, neither of which were produced or controlled by BNB Chain or any Binance-related team, but were controlled by community members, and the specific person in charge was not clear. Their unauthorized use of Binance's logo is an infringement and needs to be changed. It is recommended to use a logo similar to "pass test". Like all meme coins, he never bought or owned TST and is currently entirely operated by the community.

CZ once again declares that it has nothing to do with TST tokens

In response to a tweet about “BNB is obviously one of the strongest assets on the market right now. CZ has been a builder and is about to make BNBCHAIN ​​great again”, “It’s not just me, but the community I’m in. TST The token has nothing to do with me.”

According to news this morning , CZ said that it has never purchased or owned TST and it has used Binance Logo without authorization.

Important data

NFT transaction volume fell 33% month-on-month to US$119.5 million in the past seven days

CryptoSlam data shows that the NFT market cooled down this week, with total turnover falling from $137.9 million to $119.5 million, down 33% from the previous week.

Ethereum network fell 38.43% month-on-month, but still maintained the first place with a turnover of US$62.6 million, with the number of buyers down 71.26% month-on-month to 16,852; Mythos Chain rose to second place, with a turnover of US$13.9 million, a rise of 4.66 month-on-month %. Solana ranked third with a turnover of US$11 million, down 32.56% from the previous quarter.

Despite a 37.55% drop in turnover to $9.1 million, Fat Penguin remains the lead. The series has stable interest, with a total of 172 people participating. DMarket ranked second with a transaction volume of US$8.7 million, up 7.98%, with transactions remaining high at 322,241. Courtyard held third with $7.3 million in transaction volume, up 25.78% month-on-month, attracting 10,935 buyers. CryptoPunks fell to fourth place with a turnover of $5.2 million, down 30.01%, while Azuki fell to fifth place with a turnover of $5 million, down 79.17%.

Deals worth watching this week include:

  • CryptoPunks #8868: $558,008 (206 ETH)
  • Autoglyphs #320: $309,450 (100 WETH)
  • Autoglyphs #491: $267,998 (100 WETH)
  • CryptoPunks #7585: $242,639 (85 ETH)
  • Autoglyphs #331: $235,343 (87.0107 WETH)

The Ethereum Foundation transferred 50,000 ETH to a multi-signment wallet for participating in DeFi 3 hours ago

On-chain analyst Ember Monitoring, the Ethereum Foundation transferred 50,000 ETH ($131.66 million) to a multi-signment wallet for participation in DeFi three hours ago.

More than 700 tokens sent to his wallet after Trump launches Meme

According to FT, more than 700 altcoins and junk coins have been sent to Trump's digital wallet within three weeks of Trump's launch of the Meme coin. There are 736 different memecoins in Trump's official wallet. Among them, nearly 200 memecoins, including "OFFICIAL TRUMP" and "OFFICIAL MELANIA", are named after Trump or his family, but have nothing to do with the president.

Of the 192 tokens named after Trump or his family, 167 are altcoins, and 67 use the term "official" in their names. There are 35 tokens with the words "Elon" or "Musk" in their names, which obviously refer to Tesla's CEO and Trump's allies. Unauthorized tokens are also targeted at Trump’s children: 30 mentions Barron, 26 mentions Ivanka, and 10 mentions Eric. Eswar Prasad, senior fellow at Brookings Institution, said Trump’s intrusion into Meme coins “opens the floodgates of deception and rampant speculation” and that buying meme coins “only puts them at huge risks.”

A giant whale suspected to sell 8,139 ETH that it had built a position two years ago. If it sells, it will make a profit of US$10.125 million.

According to on-chain analyst @ai_9684xtpa, Ethereum giant whale is suspected to sell 8,139 ETH that it built two years ago, worth US$21.18 million. The address had proposed 13,459 ETH from Binance and FTX from August 2021 to December 2022, with an average price of US$1,358; if sold this time, it would make a profit of US$10.125 million.

Whale, which had made a profit of more than US$150,000 in previous trading, bought 4.81 million TST

According to Onchain Lens monitoring, a whale spent 1.94 million USDT to purchase 4.81 million TST. Previously, the whale spent USD 49,900 USD to buy 5.31 million TST and sold it for USD 205,000, making a profit of USD 155,000.

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