GateNewsBot

Ethereum founder Vitalik Buterin stated in an interview that SocialFi is facing difficulties, and the close integration of social and financial aspects may lead users to post spam for profit, thereby damaging the essence of social platforms.

The Legislative Council Finance Committee of Hong Kong will hold a briefing on January 30th to introduce policy measures to promote the development of the digital asset industry. The plan is to implement automatic exchange of tax information for crypto assets by 2028 to enhance international tax transparency and combat cross-border tax evasion.

Vitalik revealed in an interview with Foresight News that he made $70,000 profit last year on Polymarket, using a strategy of making opposite bets in crazy markets. He discussed the oracle issues in prediction markets, proposed centralized and decentralized solutions, expressed declining trust in UMA, and looked forward to finding better ways.

Gate News bot message, a whale identified as "Einstein" on centralized exchanges withdrew $3 million USDC from Lighter and deposited the funds into HyperLiquid. The whale subsequently purchased 90,780 HYPE tokens at a price of $33.05 per token.

BlockBeats News, January 28 — According to HyperInsight monitoring, "Silver Iron Head Air Force" (0x61cee) entered a long position at 12:06 with 20x leverage, buying 2995 ETH at an average entry price of $3004.87, currently with a slight unrealized loss.
This address previously strongly shorted silver and closed the position 12 hours ago, ultimately incurring a loss of $4.79 million.

ChainCatcher reports that, according to Arkham data, at 12:06, 27,377.84 QNT (worth approximately $2.17 million) was transferred from one anonymous address (starting with 0x5560...) to another anonymous address (starting with 0xa0bA...).

WORLD3 has submitted the ERC-8118 proposal to the Ethereum Foundation. This standard provides a secure on-chain authorization mechanism for autonomous AI Agents, featuring automatic expiration, usage limits, and fine-grained permission control. It has now been validated on the platform and entered the community discussion stage.

Odaily Planet Daily reports that Dan Romero, the founder of the decentralized social protocol Farcaster, responded on social media to "say something that couldn't be publicly disclosed before the acquisition but can now be openly expressed," stating that he had hoped to launch a token for Farcaster but had never been able to find the right timing for issuance.

According to Santiment data, since January, social media discussion heat for silver and gold has surpassed that of cryptocurrencies, mainly influenced by the rising prices of precious metals. Investors are frequently switching assets, shifting their attention to gold, silver, and stocks.

ChainCatcher reports that, according to Coinglass data, if ETH falls below $2,857, the total liquidation strength of long positions on major CEXs will reach $1.476 billion. Conversely, if ETH breaks above $3,152, the total liquidation strength of short positions on major CEXs will reach $729 million.

BlockBeats News, January 28th, according to HyperInsight monitoring, "High-Frequency Short Selling Pioneer" (0x3bcae) closed a short position of 12,536.83 ETH at 11:41, incurring a loss of $46,600. Currently, the total unrealized loss in the account is $196,000.
This address employs a high-frequency multi-asset strategy with strict risk control, achieving a cumulative profit of $1,657,000 over the full cycle.

AetheriumX completes $8 million strategic financing, with funds to be used to optimize the Distributed Capital Intelligent Protocol (DCIP), expand the ecosystem, support developers, and especially focus on ecological expansion in the Asia-Pacific region, particularly Japan and South Korea, with the goal of building a sustainable Web3 ecosystem.

ChainCatcher reports that, according to Jinshi, a Goldman Sachs report states that despite rising geopolitical risks, investor risk appetite remains high, indicating that the market has largely absorbed macro risks. Investor optimism is currently at approximately the 67th percentile, with its proprietary risk preference index rising to the highest since April 2021. Capital is flowing comprehensively into high-risk assets, stock allocations remain positive, and international funds are accelerating into Europe, Japan, and emerging markets.

Analysts expect that Trump may announce his nomination to succeed Powell as Federal Reserve Chair this week, possibly during the Fed's January meeting. This move may aim to steer the policy narrative, especially in the absence of rate cuts, to shift market focus.

The decentralized identity protocol idOS has launched the IDOS token economy system, with a total supply of 1 billion tokens, mainly used for staking and promoting decentralization. Revenue primarily comes from transaction fees and access authorization fees. Additionally, other organizations can also generate income by utilizing the protocol. idOS completed a $4.5 million funding round in July 2024.

Analysts expect U.S. President Trump to possibly announce his nomination to replace Powell as Federal Reserve Chair this week, potentially timed during the Fed's January policy meeting to steer policy narrative and shift market focus.

In the past 24 hours, precious metal trading on the Hyperliquid platform has seen significant growth, with gold and silver contracts both ranking in the top ten by trading volume. The total trading volume of the gold token PAXG and its mapped contracts reached $166 million, while silver mapped contracts traded $1.138 billion. Copper mapped contracts traded $33.66 million.

The Gate Research Institute's report "Gate TradFi Macro Multi-Asset One-Stop Coverage" states that as trading demand shifts towards macro multi-assets, Gate TradFi utilizes MT5 to offer diversified traditional asset CFD trading, supporting a no-expiry, no-delivery trading model, and conveniently enables users to participate in trading within the USDT system through USDx.

January 27 News, stablecoin giant Tether is accelerating its layout in the gold market. CEO Paul Ardoino stated that the company plans to become a "gold central bank" in the post-USD era and actively trade its massive gold reserves. Ardoino pointed out that as potential US competitors may launch USD alternatives backed by gold, Tether's role in the global gold market will further expand. He believes that gold is "logically safer than any national currency."
According to reports, Tether has accumulated nearly 140 tons of gold. These reserves are stored in an underground facility built during the Cold War in Switzerland, ranking second only to the gold held by central banks, ETFs, and commercial banks worldwide. Tether purchases about one to two tons of gold weekly and plans to maintain this pace in the coming months. With recent significant increases in gold prices, the total value of its gold reserves has exceeded $23.3 billion, with gold priced at approximately $5,234 per ounce.