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Trump Responds to Abu Dhabi Royal Family's $500M Investment in WLFI: Unaware, Matter Handled by His Son

2 hours ago

On February 3, Trump addressed news that the Abu Dhabi royal family is investing $500 million in World Liberty Financial (WLFI)—a crypto project backed by his family—saying: “I don’t know anything about that. A lot of people like crypto, this is something my sons are handling. I think they’ll get investments from various people.”
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Bitcoin Strategy Manager: HODL Bitcoin, Do Not Trade, Do Not Time the Market

On February 3rd, Chaitanya Jain—Bitcoin Strategy Manager at Strategy—posted on social media, stating: “We’re not traders. We don’t speculate, nor do we try to time the market. No technical analysis, no drawing lines on charts. Bitcoin will keep rising. There’s only one strategy in the world: Buy and HODL.”

2 minutes ago

Step Finance: $40 Million hack, please avoid using STEP token during investigation

On February 3, Step Finance released a statement addressing a hacker attack: Approximately $40 million in assets were stolen from its treasury following a breach of a company executive’s device. Upon discovering the security vulnerability, Step Finance immediately launched an investigation with cybersecurity researchers and relevant authorities, notified law enforcement, and temporarily paused some operations. The announcement noted the project has so far recovered around $3.7 million in Remora-related assets and roughly $1 million in other positions. As the largest liquidity provider (LP) for Remora Markets, related LP activities will resume once the system is confirmed fully secure. Step Finance emphasized Remora Markets is unrelated to the incident, and all rTokens remain 1:1 backed by custodied collateral. Pending the investigation’s completion, the project advises users to temporarily refrain from using the STEP token. The team stated it will take measures based on a p

2 minutes ago

Profitable $98.95M ETH Whale Doubles Down on 23K ETH Position

February 3rd — On-chain analyst Wu Jinyu reports a whale/institution active in ETH scalping (with $98.95 million in prior profits) has ramped up holdings: it added 23,000 ETH in the past 15 hours, and has accumulated $262 million worth of cbBTC and ETH purchases over 3 days. **Recent buy breakdown:** - 83,392 ETH ($204 million) at an average price of $2,450 - 750 cbBTC ($57.78 million) at an average price of $77,040 **Current position & unrealized performance:** - Total holdings: 173,000 ETH ($406 million) + 750 cbBTC ($57.78 million) - Unrealized loss: $55.11 million - Average costs: ETH $2,667; cbBTC $77,040

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Hypurrfun Founder Goes All-In on Chain for Biggest Long Position Ever, Unrealized Gains Reach $16.1M

On February 3rd, per Coinbob’s Popular Address Monitoring, Hypurrfun founder Loracle (X: loraclexyz) significantly boosted his 5x leveraged HYPE long position today. The position was opened January 12 at an average price of $22 as part of a bottom-fishing strategy. Amid HYPE’s recent sharp price surge, the position is now deeply profitable—making Loracle currently the largest on-chain HYPE long whale. Since last week, the address’s HYPE long position has grown from $39.55 million to $52.22 million, with the average entry price rising from $22.36 to $24.3. This has yielded a floating profit of $16.1 million and a 154% return rate. His account balance has jumped from roughly $13 million to ~$35.69 million, more than doubling. Loracle, Hypurrfun’s founder (real name Laurent Zeimes), is active in the Hyperliquid ecosystem and recognized as an early contributor. Most recently active in Hyperliquid’s contract market, he bottom-fished and went long on ZEC in December.

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Strategy: By 2025, a total of $7.4 billion has been raised through digital lending, with $413 million already paid out in distributions.

On February 3, Strategy announced via an official statement that for U.S. federal income tax purposes, 100% of the distribution payments made to its preferred equity instruments in fiscal 2025 qualify as tax-free returns of capital, up to the amount of each shareholder’s corresponding tax basis in those instruments. In 2025, Strategy completed five initial public offerings (IPOs) of its perpetual preferred stock securities ("digital credits"), raising a total of $5.5 billion. The company has since raised an additional $1.9 billion through its At-The-Market (ATM) program for these digital credit instruments. To date, Strategy has paid cumulative distributions of $413 million on these instruments, translating to a weighted average annualized dividend yield of approximately 9.6%. Strategy noted that it currently has no accumulated earnings and profits (E&P) and does not expect to generate current E&P in the current year or the foreseeable future. Based on this assessment, the compan

2 minutes ago

Tria Introduces TRIA Tokenomics: Total supply of 10 billion tokens, with 41.04% allocated to the community

On February 3, self-hosted digital bank Tria unveiled its TRIA tokenomics. The total supply of TRIA tokens is 10 billion, with a genesis circulation of 2,188,520,000 tokens—21.89% of the total. Of the genesis circulation, 41.04% is earmarked for the community, 18% for the foundation, 15% for ecosystem and liquidity, 13.96% for investors, and 12% for core contributors.

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