A whale purchased 207,389 HYPE tokens, worth $6.9 million

February 9th, He Yi posted: “Seedance 2.0 is here! Friends enthusiastically made a short film featuring my portrait. Recently, tying into the ‘Six Major Sects Encircling Bright Peak’ storyline—once FUD dies down, that’s when the market will surge.” “Entertaining everyone is an honor for me. I’m launching an AI-made short film contest called ‘Six Major Sects Encircling Bright Peak.’ First place gets 10 BNB, second 9, and so on, with 10th place taking home 1 BNB.”

Feb. 9: Bitcoin has once again broken above the $70,000 mark, per HTX market data. It was last trading at $69,842.51, down 1.9% over the past 24 hours.

On February 9, CoinShares released its latest weekly report, noting that outflows from digital asset investment products slowed sharply last week to $187 million—despite ongoing price pressure—signaling a deceleration in the pace of outflows. The report also showed total assets under management (AUM) dropped to $129.8 billion, the lowest level since March 2025. Regionally, inflows were recorded in Germany ($87.1 million), Switzerland ($30.1 million), Canada ($21.4 million), and Brazil ($16.7 million). By asset, Bitcoin saw outflows of $264 million, while XRP ($63.1 million), Solana ($8.2 million), and Ethereum ($5.3 million) attracted inflows.

Feb. 9 (Reuters) – South Korea’s Financial Supervisory Service (FSS) chief Lee Kang-hee said the cryptocurrency sector has structural vulnerabilities requiring urgent stronger regulation, following a recent Bithumb incident where customers received over $40 billion in Bitcoin by mistake. Lee emphasized users who received tokens from the accidental disbursement are legally required to return the assets. The FSS also took a cautious stance on “ghost tokens” and Bitcoin spot ETF products, adding it plans to broaden regulatory oversight through secondary legislation for the “Digital Asset Basic Law.”

February 9th, SY Lee—co-founder of Story Protocol—addressed the delay of the project’s first large-scale IP token unlock to August 2026, noting the blockchain network still needs “more time” to build real-world use cases. The six-month extension will keep team and investor tokens locked to reduce short-term circulating supply pressure. Lee stated near-zero current on-chain revenue fails to accurately reflect Story’s business situation. Its model doesn’t depend on gas fees; instead, it offers permissioned AI training data generated by humans off-chain. He noted the project is shifting from tokenizing media content to “non-scrapable” human contribution data and enterprise partnerships. This adjustment has cut short-term visible on-chain revenue but is designed to unlock long-term commitments and ease token supply pressure. (CoinDesk)

On Feb 9 (yesterday), former Multicoin co-founder Kyle Samani criticized Hyperliquid, claiming its closed-source code "facilitates crime and terrorism." Most crypto industry participants collectively pushed back against the remarks. DBA co-founder Jon Charbonneau rebutted point-by-point: Hyperliquid’s founder was forced to leave his home region amid regulatory pressure; the "aiding crime and terrorism" claim was nothing more than hyperbole—any large financial system (including Solana and traditional banks) faces similar challenges; closed-source code is a product of current security and competitive dynamics, and many projects (including some backed by Multicoin) operate the same way. Andy, Rollup founder and Good Idea VC investor, emphasized Hyperliquid is forcing the market to reexamine token design: Over the next 1-2 years, projects that don’t proactively share revenue with users via buybacks or direct payouts will face a dim future. The key lies in current industry projects’ r