PA Daily | The President of the Central African Republic is suspected to announce the launch of Meme CAR; the share of ETH market has dropped to 10%
Reprinted from panewslab
02/10/2025·13DToday's news tips:
Circle casts $250 million USDC on Solana this morning
Matrixport: ETH market share has dropped to 10%, and ETH price may continue to be under pressure
DeepSeek is recognized by top-level domain ai.com
Regulatory/Macro
X user @guigumen talked on social media about his experience of almost experiencing telecom fraud and thanked OKX Wallet for protecting its wallet security and avoiding losses of about 200,000 yuan. The user said that the scammers used multiple trust-building methods to gradually lure victims into the name of "game mod recruitment", including sending fake white papers, creating high-quality Discord communities, and video conferences to bring trust closer. Ultimately, the scammers tried to commit the scam by asking for downloading fake game links and wallet registered usernames. At the critical moment, the user received a fraud risk warning because he used OKX Wallet's mobile app, which successfully avoided financial losses. After reviewing the matter, he pointed out that this was a carefully planned team fraud, with the target directly targeting the user characteristics and areas of interest that the other party has been paying attention to for a long time.
Japan Finance Agency intends to position crypto assets as financial commodities
According to Nikkei News, the Japan Financial Agency is studying the positioning of crypto assets (virtual currencies) as financial commodities equal to securities to strengthen investor protection and require relevant companies to provide more detailed information disclosure. At the same time, the move is also aimed at promoting the lifting of cryptocurrency-based trading open-end index funds (ETFs), thereby promoting the application and development of crypto assets. At present, the Department of Finance has held a non-public research meeting with experts to evaluate whether the existing crypto asset supervision is sufficient. Based on the research results, the Department of Finance plans to announce the direction of system reform before June this year to lay the foundation for subsequent policy adjustments.
According to South Korean media reports, South Korean financial authorities plan to introduce a self-regulatory system for the public disclosure of virtual assets in 2025 to fill the gap in current market supervision. This move is designed to protect investors and support industry development. At present, South Korea has implemented the Virtual Asset User Protection Act in July last year, which mainly focuses on investor protection content such as prohibiting unfair trading. However, the second phase of the bill involving the publication and issuance of virtual assets is still under discussion. In order to reduce regulatory gaps, the financial authorities plan to take the lead in introducing a self-discipline publicity system, allowing companies to make independent publicity, and formulate guidelines related to advertising and marketing behaviors.
AI/Meta Universe
Electric Capital partner Avichal said on social media that the "golden age" of San Francisco software engineers is over. From 2000 to 2020, software engineers were once the representative of high-paying professions, but with the layoffs of more than 100,000 employees in the technology industry in 2024, the globalization of remote work, and the rapid development of AI technology, the wealth path of this profession has taken fundamental change. He compared the rise of ChatGPT to the "2008 Moment" in the field of software engineering, changing the market structure. However, Avichal noted that this is not all bad news. The future will be an era of small and efficient teams, and the improvement in efficiency of AI will give birth to more billion-dollar companies built by teams of 10 people. AI-first companies will dominate the market, and designers, product managers and field experts will have unprecedented influence to promote the rise of a new generation of entrepreneurs. He predicts that as the cost of software production further reduces, the enterprise software industry will undergo profound changes, and the era of "easy money-making" for ordinary software engineers has ended, and the new San Francisco "gold rush" has quietly begun.
DeepSeek is recognized by top-level domain ai.com
Now enter ai.com in your browser and will directly redirect to the DeepSeek official website. It is understood that the positioning of the ai.com domain name is regarded as a symbol of cutting-edge AI. Previously, this domain name has been positioned to ChatGPT and Musk's xAI official website for a long time.
On the 9th local time, on the eve of the Artificial Intelligence Action Summit, French President Macron announced that he would invest 109 billion euros in the field of artificial intelligence in the next few years. Macron said he hopes France can seize the opportunities brought by this new era and said that there will be 100,000 young people in this program to be trained. He stressed that when facing the challenges of artificial intelligence, Europe should avoid regulation first and then innovation, otherwise it will break off the track of innovation and lag behind in competition in this field. The Artificial Intelligence Action Summit is scheduled to be held in Paris, France from February 9 to 12.
ChatGPT website traffic hits a new high, ranking sixth in the world
According to Similarweb data, ChatGPT (chatgpt.com) climbed to sixth place for the first time in January 2025, with a traffic share of 2.33%, a monthly increase of 5.91%. Google ranks first with 29.21% traffic share, while YouTube ranks second. Sam Altman retweeted: "There is still a long way to catch up with Google."
OpenAI CEO Sam Altman said in a blog that AGI (General Artificial Intelligence) is gradually emerging, and its impact may surpass all previous technological changes. He put forward three key observations on AI economy: 1. The intelligence of AI models is logarithmic to computing resources - the investment in training computing, data and inference computing can increase infinitely, and achieve continuous and predictable returns. 2. The cost of using AI is reduced by about 10 times per year - for example, the word cost of GPT-4 in early 2023 decreased by about 150 times compared with GPT-4o's cost in mid-2024, far exceeding the growth rate of Moore's Law. 3. Linear growth intelligence brings super exponential socio-economic value – this drives investment to increase and will not stop in the short term. Altman expects AI agents (such as software engineering assistants) to become "virtual colleagues" and penetrate widely across industries. He believes that the economic impact of AI may be similar to transistors, the way in which the world changes is not easy to detect but extremely far-reaching. At the same time, the popularity of AI may lead to a sharp drop in the costs of certain commodities, while the prices of scarce resources such as land rise. He stressed that policy and social consensus are crucial to the future of AGI. To ensure the widespread distribution of benefits of AGI, new economic models may be needed, such as providing “computing budgets” to everyone around the world. He believes that by 2035, everyone should be able to mobilize intellectual resources equivalent to global wisdom in 2025, which will greatly release human creativity.
Project News
Cos (Cosine), the founder of Slow Fog, tweeted that there are many information opaque places in the $CAR token announced by the President of the Central African Republic: 1. The official website car.meme is inaccessible, and the domain name was registered at Namecheap 4 days ago. The time is short. 2. The creator's funding source is Binance, and nearly 80% of the $CAR is distributed at 6 addresses related to the creator, but the locking details have not been verified. 3. The official website of $CAR referenced by some trading platforms contains malware, such as the official website marked by GMGN may cause the user's equipment to be infected with viruses. In an environment where transparency is lacking, fraud or risky behavior may occur. Users need to remain vigilant to avoid blindly chasing the rise (FOMO).
Mempool.space data shows that the transaction fee (Gas fee) of the Bitcoin network has been reduced to 1 Sasaki/byte, about $0.14. Etherscan data shows that the median Ethereum Gas fee price is currently about 0.9 gwei, about $0.05.
Jupiter Lianchuang: CAR token deployer has relocked the contract to ensure irrevocable
Jupiter co-founder meow said on X platform that the $CAR token team has verified its deployment through on-chain transactions and relocked the contract to ensure irrevocable. The team redeployed the initially cancelable contract and tracked key transaction records from minting to locking, while destroying 0.06942 SOL to verify address ownership. In addition, the tokens have been locked as planned, including national development, charity, public offering allocation and team share, among which national development funds have now been changed to irrevocable. All lock-up situations can be publicly queried through Streamflow. Although the ownership of the $CAR token deployment address has been verified through on-chain transactions and the revocable contract has been revised, no off-chain confirmation has been obtained, i.e. it is impossible to prove that the token has a formal relationship with the government of the Central African Republic. .
Bithumb will launch COOKIE Korean won trading pair
South Korean cryptocurrency exchange Bithumb announced that it will launch Cookie Dao (COOKIE) at 16:00 (KST) on February 10 and supports Korean won (KRW) trading.
Ethernity Chain is renamed to Epic Chain and initiates 1:1 token replacement
According to the official announcement, Ethernity Chain (ERN) was officially renamed to Epic Chain (EPIC) and a 1:1 token replacement was initiated. This upgrade has been voted by DAO community and received a 97.1% support rate, marking the project entering a new stage of the Layer 2 blockchain ecosystem, focusing on integrating real-world assets (RWAs) and entertainment fields to promote the long-term development of the ecosystem. EPIC tokens will inherit all the functions of ERN and expand to the Layer 2 ecosystem, including staking, transaction, governance, etc. In addition, an enhanced staking reward mechanism will be launched in the future, allowing users to receive token rewards for other projects issued on Epic Chain.
According to a release by the President of the Central African Republic Faustin-Archange Touadéra on the X platform, he announced the launch of the Meme CAR, calling it an "experiment aimed at uniting the people, supporting national development and bringing the Central African Republic to the world stage." He stressed that he has always recognized the global potential of cryptocurrencies as the second president in the world to use Bitcoin as a fiat currency. In addition, he said he is working with X platform to restore @CARMeme_News (the account has been frozen) and confirmed that the CAR token supply has been securely locked through @streamflow_fi, and is executed according to the distribution plan and release schedule. On-chain data shows that CAR has exceeded US$0.48 in a short period of time and is now at US$0.28, with a total market value of approximately US$280 million. It is not clear whether Touadéra's account has been compromised.
Viewpoint
Matrixport: ETH market share has dropped to 10%, and ETH price may continue to be under pressure
Matrixport released its report today, saying that since late January, the cumulative inflow of Ethereum spot ETFs has reached US$500 million, but the ETH price has not rebounded significantly, indicating that the market selling pressure is still strong. Despite this, long-term value investors' interest seems to have rebounded, and some institutions, including members of the World Financial Freedom, have also begun to pay attention to ETH. Looking ahead to the future market, the Ethereum network upgrade in March is seen as a potential catalyst, but the market response is relatively cold and has failed to recreate the warm atmosphere of previous upgrades. The market generally believes that this upgrade will not trigger a big market. In the absence of clear positive news, ETH prices may continue to be under pressure. At present, Ethereum's market share has dropped to 10%.
Important data
Nansen: Top 5 wallets sell $3.3 million in 24 hours
According to Nansen monitoring, the top 5 wallets sold a total of $3.3 million worth of BERA tokens in the past 24 hours. Among them, the top 100 LINK.E Leaderboard wallet sold the highest amount, reaching $1.2 million; followed by the "Kingcooom" wallet sold the $812,000; the "Yomomani" wallet sold the $733,000; cryptocleopatra.eth sold the $371,000; High Balance Wallet sale $193,000.
According to SoSoValue data, from February 3 to February 7, Ethereum spot ETF had a net inflow of US$420 million in a single week, and no net outflow of nine ETFs. Among them, BlackRock's net inflow of ETHA was US$287 million, with a total historical net inflow of US$4.42 billion; Fidelity's net inflow of FETH was US$97.28 million, with a total historical net inflow of US$1.51 billion. As of press time, the total net asset value of Ethereum spot ETF was US$9.88 billion, the ETF net asset ratio (accounting for Ethereum's total market value ratio) reached 3.17%, and the historical cumulative net inflow reached US$3.179 billion.
Chainalysis: More than 810,000 wallets lost over $2 billion due to Trump price plunge
According to the New York Times, on January 17, 2025, the Trump family announced the issuance of $Trump tokens, which immediately triggered violent fluctuations in the market. An early trader (wallet address 6QSc2Cx) spent $1,096,109 less than two minutes after the news was released, purchasing 5,971,750 $Trum at a unit price of $0.18. After the price soared to $75, it made a maximum profit of $109 million in two days. However, investors who entered the market late suffered heavy losses. According to Chainalysis, as of this week, more than 810,000 wallets lost more than $2 billion due to the plunge in the price of $Trump. The current price of the token is only $17, down more than 75% from its peak. Despite the volatile market, the Trump family and their partners have earned nearly $100 million in transaction fees from the token transactions, most of them have not been cashed out.
Circle casts $250 million USDC on Solana this morning
According to Onchain Lens monitoring, Circle minted $250 million USDC on the Solana blockchain early this morning. Since 2025, Circle has minted a total of US$7 billion in Solana.
4664 Bitcoins transferred from unknown wallet to Kraken exchange, worth nearly $450 million
According to Whale Alert monitoring, 2,500 bitcoins (about $240 million) were transferred from unknown wallets to the Kraken Exchange at 7:32 Beijing time. 2,164 bitcoins (about $208 million) were transferred from unknown wallets to the Kraken exchange.
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