PA Daily | Binance will list AIXBT, CGPT and COOKIE spot trading pairs; Coinbase, Google and ai16z members establish Aiccelerate to promote the integration of AI and encryption
Reprinted from panewslab
01/10/2025·1MToday’s news tips:
PIPPIN broke through $0.23, rising more than 20 times in a week
Ethereum and Solana staking are no longer classified as collective investment schemes in the UK
Binance launches AIXBT, CGPT and COOKIE spot trading pairs
Grayscale updates asset inspection list, covering KAS, APT, TIA, etc.
Artela announces token economic model: 62% allocated to the community
Sui Hydropower Accelerator announces 12 selected teams, including 7k, AdToken, etc.
Regulation/Macro
According to Beijing Business Daily, on January 10, the Ministry of Public Security held a press conference. Ministry of Public Security spokesperson Zhang Ming introduced the issue of telecommunications network fraud involving China in northern Myanmar that is of concern to all walks of life. Since the deployment of special work to crack down on telecommunications network fraud crimes involving China in northern Myanmar in July 2023, the Ministry of Public Security has relied on the China-Myanmar Law Enforcement Security Cooperation Mechanism to direct public security agencies in Yunnan, Zhejiang and other places to conduct joint operations and fully carry out case investigation. As of the end of 2024, a total of more than 53,000 Chinese fraud suspects have been arrested, and the notorious Kokang "Four Families" criminal group in northern Myanmar has been completely destroyed. All large-scale electronic fraud parks in northern Myanmar near our border have been eradicated. , the special work has achieved major results in a phased manner, leading to a significant decrease in the number of registered telecommunications network fraud cases and losses across the country. At present, the cases of the "Four Major Families" criminal groups have entered the litigation stage one after another. Although the crackdown on governance has achieved significant results, the current crime situation remains severe and complex. These include: Offensive and defensive confrontations continue to intensify and escalate, and fraud groups use new technologies such as blockchain, virtual currency, and AI intelligence to continuously update and upgrade criminal tools.
ScaleBit: Discovered a 0-day vulnerability that can transfer all assets on Uniswap Wallet
The ScaleBit security team under BitsLab issued a document saying that in October 2024, the ScaleBit security team under BitsLab discovered a vulnerability in the Uniswap iOS wallet, named "Unauthorized Access to Mnemonic Phrases." The vulnerability allows an attacker with physical access to the device to bypass the wallet's authentication mechanism and directly access the mnemonic phrase stored on the device. The root cause of this vulnerability lies in flaws in the design of the mnemonic phrase's storage and access mechanism. The mnemonic phrase has not been effectively encrypted at the application layer, and the trigger conditions for the recovery page are unreasonable, allowing an attacker with physical access to the device to easily bypass the wallet's authentication mechanism and directly obtain the mnemonic in the wallet. word. Currently, this vulnerability still exists in the latest version of Uniswap Wallet (Version 1.42), bringing potential risks to all users who use the wallet. Therefore, users need to pay special attention to the physical security of the device during use and avoid leaking the unlock password or lending the device to others.
Former British Prime Minister Truss said he was a supporter of Bitcoin and cryptocurrencies
According to Cointelegraph, former British Prime Minister Liz Truss said: "I am a supporter of Bitcoin and cryptocurrency, and I think they are very good." It is reported that Truss is the shortest-serving prime minister in the United Kingdom. He was forced to resign just 49 days after taking office as borrowing costs soared due to the government's mini-budget.
Russia “starts selling” 1,032 Bitcoins seized in scam
According to Cryptonews, Russia has begun selling Bitcoins it seized during its investigation into the Infraud hacking group in 2023. The move indicates that Moscow hopes to convert more than 1,000 Bitcoins into fiat currency. Russia's state-run news agency TASS confirmed the development and said Moscow would first sell nearly $10 million worth of Bitcoin seized from former Russian Investigative Committee investigator Marat Tambiev. Last year, Tambiev was convicted of accepting bribes from the hacking group. Prosecutors found hundreds of bitcoins on his computer and storage devices. The former investigator was convicted of receiving 1,032.1 Bitcoins from the organization and sentenced to 16 years in prison. However, the bailiff's efforts to liquidate all 1,032.1 Bitcoins were complicated by legal obstacles. Tambiev appears to have divided the bitcoins into smaller amounts. This means that the bailiff must submit a separate court ruling to allow Moscow to obtain the Bitcoins. However, the bailiffs have successfully persuaded the court to allow them to sell the first batch of Bitcoins. They said Tambiev stored the bitcoins in a Ledger Nano X hardware cryptographic wallet. The TASS news agency quoted sources as saying that prosecutors also want to sell another batch of Bitcoins "worth millions of rubles", and they also want to sell "several properties in the Moscow region" and a "Honda motorcycle."
Ethereum and Solana staking are no longer classified as collective investment schemes in the UK
According to CryptoSlate, the UK Treasury has introduced amendments to the Financial Services and Markets Act (FSMA), which will come into effect on January 31, excluding cryptocurrency pledges from the classification of collective investment schemes. Under this change, staking ETH and SOL will only be considered a blockchain verification process and will no longer be subject to the regulatory requirements applicable to collective investment schemes. Previously, due to vague regulatory definitions, pledges were at risk of being classified as traditional collective investment vehicles, which were subject to more stringent FSMA regulations. The amendments clarify that staking, which involves participants locking cryptocurrency to verify blockchain transactions and ensure network security, is inherently different from collective investment schemes and requires a tailored regulatory framework. Bill Hughes, a lawyer at ConsenSys, welcomed the move as an important step for the industry and stressed that UK law has traditionally taken a tough regulatory approach to collective investment schemes, which could hinder industry development. Notably, the move is consistent with the UK’s wider strategy to promote innovation in the cryptocurrency space while maintaining appropriate regulation to protect market participants.
Cynthia Lummis prepares to lead new U.S. Senate Digital Assets Subcommittee
The U.S. Senate Banking Committee plans to appoint cryptocurrency-friendly Senator Cynthia Lummis to lead the newly formed Digital Assets Subcommittee to fulfill the commitments of the new chairperson, The Block reported. Some Republican members of the Senate Banking Committee have initially selected the subcommittee's leaders and members, but the committee still needs to vote to confirm them. Senate aides revealed that Lummis will lead a digital assets subcommittee that includes pro-cryptocurrency Senator Bill Hagerty and newly elected Senator Bernie Moreno. Incoming committee chairman Tim Scott said earlier that if elected, he would establish a subcommittee focused on digital assets. The current chairman, Sherrod Brown, is critical of the cryptocurrency industry and calls for a crackdown on related illegal activities. The leadership of the Senate Banking Committee is also critical, as the chair holds the financial power of legislation, including the crypto bill. Earlier news, the U.S. House of Representatives Financial Services Committee appointed Bryan Steil as chairman of the Digital Assets Subcommittee.
AI
Artela announces token economic model: 62% allocated to the community
Artela Network, an L1 network of fully on-chain artificial intelligence agents, released its token economic model, aiming to support the large-scale application of on-chain AI agents. As Artela's native asset, ART tokens undertake core functions such as staking, paying gas fees, governance rights, and ecological liquidity, and have become the key to network security, governance, and economic operations. The ART token adopts an inflation model with an initial annual inflation rate of 8%, which decreases by 1% every year, and finally reaches a long-term issuance rate of 0%, ensuring that supply growth is controllable and supporting long-term value stability. The total supply of ART is 1 billion, and the distribution includes 62% of the community (4.5% for airdrops, 28.5% for network staking, 23% for ecological development, etc.), 15% for the team, 18% for investors, and 5% for early contributors. Tokens will be gradually released according to a clear unlocking plan to support ecological sustainable development. Previously, it was reported that blockchain infrastructure startup Artela completed a US$6 million seed round of financing, led by Shima Capital.
The decentralized streaming media platform Theta has released its 2025 roadmap. In the first half of 2025, it will focus on launching EdgeCloud’s hybrid cloud edge architecture in June and expanding the rapidly growing edge network. This release will fully support distributed edge architectures across devices, geographies, and configurations, with the ability to prioritize and opt out specific job types and analyze completed jobs. A developer API interface will also be released to provide developers with the tools they need to develop efficiently on EdgeCloud. Other key features will be rolled out based on demand from current EdgeCloud customers, such as persistent storage, GPU node upgrades and on-demand API access to AI models. These capabilities, along with the beta version of the AI Agents platform, will automate the use of AI models through autonomous interactions on the chain to enable a wide range of use cases and drive continued customer adoption in targeted key sectors such as academia, private enterprise, professional sports and esports. In the second half of the year, Theta Hackathon will be expanded into an offline event and continued support will be provided for Theta ecological projects. Discussions are ongoing with several well-known professional sports and e-sports teams, hoping that EdgeCloud can help them develop AI strategies and have the opportunity to launch sub-chains to support their business use cases. Third-party platforms are also considering integrating TDROP as user participation tokens, starting with OpenTheta, and more platforms will be online by 2025. Additionally, TDROP is being evaluated and potentially rebranded to extend its utility to AI agents, RAG chatbots, and other consumer-facing AI and video AI applications built on Edge Cloud. Finally, EdgeCloud’s hybrid edge cloud architecture will be fully released in 2025, including intelligent job orchestration and optimization, as well as full support for Linux, Windows and Mac.
Tether CEO: Will give a speech at Italian AI Week in May to introduce Tether’s AI strategy
Paolo Ardoino, CEO of Tether, said on the and privacy protection. I will reveal the truth, including future scenarios that are often obscured by 'political correctness', involving future developments in artificial intelligence, robotics, brain-computer interfaces, and other disruptive technologies.
Vitalik Buterin, co-founder of Ethereum, posted on the X platform that incorrect use of AI will create a new type of independent, self-replicating intelligent life. Used correctly, AI is a mechanical armor built for the human mind. If we do the former without the latter, humanity risks losing its power permanently. And if we achieve the latter, we will usher in a prosperous super-intelligent human civilization. In addition, in response to the question "As a design choice, whether to build generation AI agents (Agents) or enhance human agency", Vitalik said: "'Agents' is an interesting word. Sometimes it refers to 'able to operate autonomously without human intervention'" and make complex plans that last for days', but more often than not it simply means 'the chatbot replaces the graphical user interface (GUI) as the interface for everything'. The latter is great!"
Project news
Binance launches AIXBT, CGPT and COOKIE spot trading pairs
Binance announced that it will list spot trading pairs of aixbt by Virtuals (AIXBT), ChainGPT (CGPT) and Cookie DAO (COOKIE) at 21:00 on January 10th, Beijing time, including AIXBT/USDC, AIXBT/USDT, CGPT/USDC, CGPT /USDT, COOKIE/USDC and COOKIE/USDT. Users can now deposit AIXBT, CGPT and COOKIE to prepare for transactions, and the withdrawal service will be opened at 21:00 on January 11. There is no currency listing fee for this listing, and the relevant smart contract address has been announced. It should be noted that these tokens have been previously listed on Binance Alpha Market.
Grayscale updates asset inspection list, covering KAS, APT, TIA, etc.
In the latest "Asset Review List" update this morning, Grayscale's official website listed a variety of digital assets that may launch investment products in the future, including $KAS, $APT, $ARB, $TIA, $HBAR, $MNT, $SEI ,$S,$STRK,$TON,$ TRX, $AERO, $BNB, $ENA, $INJ, $JUP, $ONDO, $PENDLE, $RUNE, $DOGE, $IMX, $AKT, $FET, $AR, $EIGEN, $HNT, $JTO, $PYTH and $WLD etc. Grayscale also encourages the community to provide feedback on whether there are any missed potential assets to further improve the investment product layout.
Sui Hydropower Accelerator announces 12 selected teams, including 7k, AdToken, etc.
Sui Foundation announced on January 8 that a total of 12 teams in the first Hydropower accelerator program completed eight weeks of project development. These projects cover the fields of DeFi, DePIN and RWA, including advertising networks, digital gift platforms and new liquidity staking tools. Participating teams include: 7k: The second largest trading aggregator on Sui, providing an intelligent trading ecosystem. AdToken: Peer-to-peer advertising network, pay based on advertising performance. CryptoMate: Stablecoin fintech operating system, supporting low-code and AI functions. Gifted: a digital gift platform focusing on interactive experiences. InsiDeX: DeFi analysis and trading platform on the Sui chain. Lotus Finance: Decentralized market maker and high-frequency trading infrastructure. Nativerse: a non-custodial liquidity staking tool to boost Bitcoin liquidity. Nemo Protocol: Sui native revenue trading platform. Pomerene: DePIN Network for International Trade. Printr: Cross-chain tokenization and fundraising platform. Protocol Media Labs: Innovative news platform supporting independent media. The twelfth team is in confidentiality mode and no information is disclosed.
Synthetix closes Arbitrum perpetual contract market, focusing on Base network
Synthetix announced that its perpetual contracts market on Arbitrum has entered closed-only mode, with users unable to open new positions or add to existing positions. The move is part of Synthetix’s strategic alignment to consolidate operations and focus on Coinbase’s Base network. As USDx on Arbitrum is gradually deactivated, Synthetix Treasury has begun to buy back USDx from the market and provide stability and liquidity support. Synthetix has asked liquidity providers on the Arbitrum platform to migrate to Base and will provide additional incentives at Base to facilitate migration. Existing positions can still be closed or reduced during Arbitrum decommissioning. In addition, Synthetix also plans to integrate ecological projects such as Kwenta and TLX into a unified native trading platform.
Pump Science has begun airdropping 2.5 million BIO to RIF and URO holders
Pump Science announced on the X platform that it has begun airdropping 2.5 million BIO tokens to RIF and URO holders. The airdrop allocation is based on 3 snapshot nodes in November, December and January. The holding addresses held by all snapshot nodes can receive a 2.5x airdrop bonus. In addition, each wallet can obtain up to 8,000 BIO.
Binance: BNSOL Super Staking will launch the fifth phase of the project -Renzo (REZ)
According to Binance’s official announcement, BNSOL Super Staking will launch the fifth phase of the project - Renzo (REZ), a re-staking protocol on the Ethereum and Solana chains. From 08:00 on January 13, 2025 to 07:59 on February 1, 2025 (Eastern Eighth District time), users who hold BNSOL in their Binance accounts and Binance wallets, or pledge SOL to BNSOL, will Get REZ APR Boost airdrop rewards. The REZ APR Boost airdrop reward is an airdrop of additional tokens on top of the basic annual interest rate of Binance SOL staking, providing users with a higher rate of return. REZ APR Boost airdrop rewards can be claimed at around 13:30 (East Eighth District time) every day starting from January 14, 2025.
Bithumb will list SONIC, SAFE and AHT on the Korean won market
According to an official announcement, South Korean crypto exchange Bithumb will list SONIC, SAFE and AHT on the Korean won market.
InfiniGods plans to launch native token GOD, 17% will be distributed to its NFT holders
According to The Defiant, crypto game InfiniGods is currently preparing to launch its native token GOD. GOD tokens will be distributed among NFT holders in the ecosystem, with 4.25% allocated to InfiniPass holders, 3.25% allocated to Elder Gods NFT, and 9.5% allocated to God Vault NFT holders. TGE has yet to set a date, however, InfiniGods chief marketing officer Bry DiSanto hinted that the airdrop is coming, posting on It raised $9 million in seed funding led by Pantera Capital, with participation from Framework Ventures and Animoca Brands. The company raised an additional $8 million in April 2024 and completed a $1.3 million strategic round led by Arete Capital in December.
As reported by Cryptoslate, team members from Coinbase, Google, ai16z, and other major players have joined forces to launch Aiccelerate, a new decentralized autonomous organization (DAO) designed to accelerate the integration of cryptocurrency and artificial intelligence (AI). The announcement on January 9 showed that the DAO will focus on promoting decentralized, open-source AI development and supporting high-potential projects in different ecosystems. In addition, Aiccelerate positions itself as a DAO that pays equal attention to investment and development. Its main mission is to drive innovation in what it calls "agent AI." This DAO aims to build a collaborative community of top developers across multiple frameworks. These experts will contribute to a range of agents and tools designed to advance organizational goals. Additionally, Aiccelerate will unify its initiatives through a token called AICC. The DAO will use part of the profits to buy back its native tokens. The list of development consultants includes ai16z founder Shaw, Virtuals Protocol core contributor EtherMage, EigenLayer developer relations director Nader Dabit, and Story Protocol co-founder Jason Zhao. On the investment side, Aiccelerate’s advisors include Mechanism Capital’s Andrew Kang and Marc Weinstein, Coinbase Ventures’ Justin Lee, and Delphi Digital’s Anil Lulla.
Coinbase International Station will launch AERO, BEAM and DRIFT perpetual contracts
Coinbase International Station announced on the Open on or after 17:30 on January 16th.
point of view
The Matrixport weekly report pointed out that negative macroeconomic conditions and changes in global liquidity may cause Bitcoin to enter a consolidation stage. Despite steady ETF inflows, the Fed's hawkish stance could limit further gains. The report believes that Bitcoin’s rise is more affected by the policies of the Federal Reserve rather than the launch of ETFs. The technical picture shows that the "shooting star" candlestick pattern indicates that the medium-term uptrend may be coming to an end. Options are considered an effective risk management tool when implied volatility is low. Traders can capture upside opportunities with call options or protect gains with put options.
Alliance DAO Lianchuang discloses its holdings: all in Bitcoin and AI agents
Qiao Wang and Imran Khan, two co-founders of Web3 accelerator and founder community Alliance DAO, shared their latest personal positions in the latest video podcast. Qiao Wang said that he is personally all in Bitcoin and AI agents tokens. Imran Khan said that he still holds HYPE (Hyperliquid) and firmly believes that it "is a strong Beta token."
VanEck executive: Block is expected to become the first company in the S&P 500 to hold Bitcoin
Matthew Sigel, director of digital asset research at VanEck, posted on the X platform that financial technology company Block is expected to become the first company in the S&P 500 to hold Bitcoin. To be included in the index, a stock must meet six main criteria, including: 1) a market capitalization of more than $18 billion; 2) public float of more than 10%; 3) earnings in the most recent quarter should be positive, and The sum of GAAP earnings for the first four quarters should also be positive; 4) High liquidity; 5) Listed for more than 12 months; 6) The company is headquartered in the United States. Block met the last criterion (earnings) following the release of its first-quarter 2024 earnings. However, inclusion in the S&P 500 Index does not strictly follow a formula but is left to the discretion of the Index Committee. Historically, companies that meet all requirements have been included within 3 to 21 months (with the exception of LULU, which took 65 months). Industry diversity is one of the factors considered by the Index Committee, who aim to maintain an industry composition that is generally consistent with industry economics. The term "consistent with industry economics" is not clearly defined, so the S&P Total Market Index can be used as a guide: Financials currently make up 13.9% of the S&P 500 and 14.6% of the broader index, which is It shows that there is still room for growth in the financial industry.
important data
According to GMGN.AI data, COOKIE briefly exceeded US$0.7, rising 46.6% in 24 hours, perhaps affected by the launch of Binance; ChainGPT (CGPT) exceeded US$0.3, rising 50.8% in 24 hours; aixbt by Virtuals (AIXBT) exceeded US$0.54 , up 30% in 24 hours. According to previous news, Binance has launched AIXBT, CGPT and COOKIE spot trading pairs.
PIPPIN broke through $0.23, rising more than 20 times in a week
According to GMGN.AI market data, the Solana ecological AI meme currency pippin (PIPPIN) exceeded US$0.23, continuing to hit a record high, rising 216% in 24 hours and 2027.3% in 7 days. According to previous news on January 6, Binance Alpha added FREYA, pippin and OPUS.
TOP 7 positions of ai16z: ai16z added a position of US$1.61 million 9 hours ago
According to the monitoring of on-chain analyst @ai_9684xtpa, the top 7 whales holding ai16z positions increased their positions in ai16z by a small account of US$1.61 million 9 hours ago, with an average price of US$1.46. Affected by ai16z founder Shaw's push to sell coins, the currency price briefly fell to $1.32 yesterday. The giant whale took the opportunity to buy the bottom during the decline. Currently, the added position has made a profit of $33,000, with a total of 18.62 million tokens held ( Approximately US$27.75 million). ****
chaincatcher
