CZ: $863K Scam Blogger 'Weiwei' Possibly Operated by Binance Competitor
On February 4, CZ (Changpeng Zhao) posted on his X account (863k followers) in response to a "Potential Scammer" post:
“Who’d impersonate a BNB supporter, use fake AI-generated pics nonstop for months just to spread FUD? I can’t think of any other angle—feels like someone from another self-proclaimed project did this. They’re more focused on us than their own project.
That account used to seem like it belonged to a woman. Before February 2015, it mostly posted photos of women. Then in July 2015, it suddenly switched to only crypto-related content—either hacked or sold. They didn’t even bother deleting the old pics; you can still find them on the media tab. Total lazy troll.”
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Federal Court Sentences Incognito Market Founder Rui-Siang Lin to 30 Years in Prison
On Tuesday, February 4, U.S. District Judge Colleen McMahon sentenced Rui-Siang Lin—the 24-year-old founder of dark web marketplace Incognito Market, who operated under the alias “Pharaoh”—to 30 years in prison for running a cryptocurrency-powered platform that facilitated over $105 million in illegal drug transactions.
Per a statement from the U.S. Attorney’s Office for the Southern District of New York, Incognito Market relied on crypto payments and an internal “Incognito Bank” system to let buyers and vendors transact digital assets anonymously. Prosecutors noted the platform was active from October 2020 until its shutdown in March 2024, enabling the global sale of more than a ton of illegal drugs.
Judge McMahon also ordered Lin to forfeit $105,045,109 and serve five years of supervised release following his prison term.
Lin pleaded guilty in December 2024 to conspiracy to distribute illicit goods, money laundering, and conspiracy to sell counterfeit drugs.
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「Hyperliquid Early Contributor Loracle」 Increases PAXG Long Position, Holding Reaches $3.77 Million
On February 4, per monitoring from HyperInsight, the address tied to Hyperliquid early contributor Loracle (0x8def...) rolled over its long position in PAXG (On-chain Gold), adding 157.68 PAXG tokens (valued at roughly $834,500) to its holdings.
Post-operation, the total value of its PAXG long position stands at $3.7659 million, with its average entry price climbing from $4,983.39 to $5,007.74. The position currently holds an unrealized profit of ~$71,300, representing a 9.47% return.
The address belongs to Loracle (aka Laurent Zeimes)—an early Hyperliquid ecosystem contributor and founder of Hypurrfun. He’s recently active in Hyperliquid’s smart contract market, and in December, he opened long positions in ZEC via bottom-fishing.
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Polymarket's Opinion Token to Hit $5B Fully Diluted Valuation (FDV) Within 1 Day Probability Now at 81%
As of February 4th, Polymarket data shows the probability that Opinion Token will surpass a $5 billion Fully Diluted Valuation (FDV) one day after listing has risen to 81% — up 29 percentage points.
Probabilities for other FDV thresholds are currently: 54% for surpassing $8 billion, 44% for $10 billion, and 19% for $15 billion.
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Binance Wallet will launch Opinion (OPN)'s Booster Event
Official sources confirm that on Feb 4, Binance Wallet will launch an Opinion (OPN) Booster event.
Users can earn a share of 5,000,000 OPN tokens (0.5% of the total supply) by completing tasks and supporting the project in its early stages. The event kicks off at 11:00 AM Beijing Time on Feb 6.
All Binance Wallet (keyless mode) users with sufficient Binance Alpha Points are eligible to join—participation deducts 5 points.
The first phase reward (3,000,000 OPN tokens) will be distributed immediately on the Token Generation Event (TGE) date. Details for each phase will be announced separately via Binance Wallet’s X account.
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Binance Announcement Reveals Opinion (OPN) Tokenomics
On February 4th, Binance announced its Alpha and Booster activities, noting that the prediction market platform’s token on BNB Chain is OPN—with a total supply of 1 billion tokens. As the core utility token of the Opinion ecosystem, OPN enables access to platform services, participation in governance, and capture of network value.
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