1. The U.S. government's Department of Government Efficiency (D.O.G.E.) has reportedly removed its logo featuring Shiba Inu elements. The official website of the Department of Government Efficiency shows that it includes Shiba...

<div>1. U.S. Government Efficiency Department Suspected of Removing Logo Featuring Shiba Inu ElementsThe official website of the U.S. Government Efficiency Department (Department of Government Efficiency, D.O.G.E.) shows that the logo featuring Shiba Inu elements has reportedly been removed. Previously, the U.S. Government Efficiency Department replaced the logo featuring Shiba Inu with a new logo instead of Dogecoin.2. Bitget Announces $70 Million Reward for Over 1,700 EmployeesBefore the Chinese New Year, cryptocurrency exchange Bitget announced that it would allocate $70 million to reward over 1,700 employees, with the highest earner receiving a bonus equivalent to 50 months' salary, while most employees received bonuses ranging from 6 to 10 months. On the other hand, Bitget, guided by Huawei, promotes a wolf-like spirit, resulting in a high attrition rate among its employees.3. Grayscale and CoinShares Advance Litecoin and XRP ETF ApplicationsThe president of The ETF Store, Nate Geraci, tweeted that the New York Stock Exchange (NYSE) has submitted a 19b-4 form, applying for the listing and trading of the Grayscale Litecoin Trust, which means it is being upgraded or converted into an exchange-traded fund (ETF).4. Hong Kong Court First to Issue Legal Warrant via Cryptocurrency Wallet, Setting a PrecedentThis injunction aims to freeze assets involved in a case against a marketing consultancy firm named Worldwide A-Plus, which incurred losses exceeding $2.60 million due to fraud. The injunction was issued by High Court Deputy Judge Douglas Lam on December 5 of last year and was delivered by a law firm via “tokenized legal notification” to two wallets on the Tron blockchain.5. Slow Mist: Risk of Theft for Extensions Installed or Manually Updated on AdsPower from January 21 to January 24Slow Mist's Yu Xian tweeted that the AdsPower fingerprint browser transparently disclosed an intrusion incident. If you used AdsPower and installed or manually updated an extension wallet between January 21 at 18:00 and January 24 at 18:00 (UTC+8), your extension wallet on AdsPower (like MetaMask, etc.) may be a backdoored version, which could steal your mnemonic phrase/private key. Regarding the AdsPower intrusion incident, user funds stolen currently exceed $4.10 million, concentrated in four addresses.6. Wu Says Zhou Selections: Trump Issues Executive Order to Promote Cryptocurrency, Pardons Silk Road Founder, Trump Couple Issues Memecoin, and News Top 10<blockquote>Top 10 News This Week</blockquote><blockquote>1. U.S. President Signs Executive Order on Cryptocurrency, Establishes Task Force to Strengthen Digital Financial Leadership <a href="https://x.com/EleanorTerrett/status/1882525133321199684" target="_blank">link</a></blockquote>The U.S. President has officially signed an executive order on cryptocurrency, establishing a Presidential Task Force on Digital Asset Markets to strengthen America's leadership in the digital finance sector. The task force will develop a federal regulatory framework, including stablecoin regulation and feasibility assessments for a national digital asset strategic reserve. Chaired by White House AI and Crypto Technology Commissioner David Sacks, its members include the Treasury Secretary, SEC Chair, and heads of relevant departments. The order requires federal agencies to review existing regulations and propose recommendations to the task force while prohibiting agencies from promoting or issuing central bank digital currencies (CBDC). Additionally, the order rescinds previous administrations' executive orders and Treasury international frameworks related to digital assets, citing that they stifled innovation and undermined America's economic freedom and global leadership position.

According to the White House website, this executive order protects and promotes fair and open access to banking services for all law-abiding citizens and private sector entities; it prohibits the establishment, issuance, circulation, and use of CBDCs within U.S. jurisdiction. This order requires relevant agencies to identify all regulations, guidance documents, orders, or projects affecting the digital asset sector within 30 days of its issuance and submit recommendations within 60 days on whether they should be rescinded, modified, or incorporated into regulations. Within 180 days, the task force must submit a report to the president via APEP proposing regulatory and legislative recommendations for advancing policies, including that the national digital asset reserve could derive from legally seized cryptocurrencies by federal law enforcement agencies.

At the same time, Trump stated during a speech at the World Economic Forum that the U.S. will become the world capital of artificial intelligence and cryptocurrency technology. He also called for an immediate reduction in interest rates.<blockquote>2. Trump Responds to Lack of Understanding Regarding TRUMP Token, Comments Trigger Price Drop of Nearly 30% <a href="https://x.<blockquote><a href="https://twitter.com/KobeissiLetter/status/1881842298750992886" target="_blank">link</a></blockquote>On January 18, Trump announced on his Truth Social account that he would launch a personal meme coin called TRUMP, with users needing to visit the website with the domain "gettrumpmemes" to obtain this meme token. GMGN data showed that within 30 minutes of opening, the market capitalization of TRUMP had risen to about 800 million USD. The top address holding the token holds 80% of the tokens, and the top five holders account for over 90% of the tokens. On the same day, Trump retweeted this news on his Twitter account. According to the latest data from Coingecko, the "Trump Meme Coin" TRUMP's fully diluted valuation (FDV) has surpassed 20 billion USD, with the latest price of TRUMP at 33.94 USD, reaching a high of 77.24 USD, and an FDV of 34 billion USD.According to the official website of GetTrumpMemes, Trump Memes aims to express support and participation in the unique understanding and belief in the ownership of the "TRUMP" symbol and its related artworks, and is not intended to be an investment opportunity, investment contract, or any type of securities subject. GetTrumpMemes.com is not involved in politics and is unrelated to any political campaign or any political office or government agency. The Trump Group's subsidiaries, CIC Digital LLC and Fighter Fight LLC, jointly own 80% of TRUMP, but must comply with a 3-year unlock plan. The owners of Fighter Fight LLC, CIC Digital LLC, and Celebration Cards LLC will receive transaction revenue generated from TRUMP trading activities. Additionally, there will be 200 million TRUMP available on the first day, with an expected total of 1 billion TRUMP over three years. The allocations for each group will be released over three years according to their own schedules.Furthermore, Trump reposted on his Truth Social account about his wife Melania Trump's launch of the official token named "Melania Meme" $MELANIA. According to a tweet from Conor, the newly launched Melania token (valued at billions of USD) has a different structure than the TRUMP token. The founding wallet's funds come from a wallet that was previously involved in PumpFun transactions, and currently, no multi-signature mechanism has been found (TRUMP had set up a multi-signature before its launch). Currently, the market capitalization of MELANIA is about 2.7 billion USD.On Wednesday, Trump responded to questions about his newly issued meme token at a press conference, saying: "I don't know much about it, only that I launched it. I hear it's very successful, but I haven't checked it out yet." Following this news, the price of TRUMP dropped nearly 30% on that day.Cathie Wood stated in an interview with Bloomberg that TRUMP is a meme coin, and she herself has not purchased any, only holding Bitcoin, Ethereum, and Solana. However, she believes that the coin is not entirely without value, possibly symbolizing a new phase of the cryptocurrency revolution and may have some utility in the future.<blockquote>3. Trump grants clemency to Silk Road founder <a href="https://www.wublock123.com/index.php?m=content&amp;c=index&amp;a=show&amp;catid=47&amp;id=36883" target="_blank">link</a></blockquote>President Trump granted clemency to Ross Ulbricht, the founder of Silk Road, overturning his life sentence. Ulbricht was arrested in 2013 for operating the Silk Road website, which facilitated the trade of drugs and other illegal goods using Bitcoin. Trump responded on his social media, stating that he has signed a full and unconditional pardon for Ross Ulbricht, calling this move a gesture of gratitude for the support of the libertarian movement, and criticized those involved in his conviction as representatives of a weaponized government. Trump also stated that the clemency is "full and unconditional," and that Ross Ulbricht's trial was "absurd," calling those who convicted him "crazy." On the day of the pardon, Trump called Ross Ulbricht's mother to personally inform her of the news.Elon Musk retweeted Trump's message on social media, stating, "I was honored to be in the Oval Office when @PresidentTrump signed this order tonight."<blockquote>4. The U.S. Department of Government Efficiency changes its website logo, no longer using the Dogecoin symbol <a href="https://doge.gov/" target="_blank">link</a></blockquote>On Tuesday, the U.S. Department of Government Efficiency's DOGE official website went live, using Dogecoin as its avatar.On Wednesday, the Department of Government Efficiency (D.O.G.E.) replaced its logo on its official website, no longer using the Dogecoin symbol, but still retaining elements of the Shiba Inu.Furthermore, the new LOGO design was previously shared by Musk on the X platform.The U.S. Department of Efficiency (DOGE) launched its first reform action after President Trump's inauguration. The plan quickly initiated federal spending cuts and announced the shutdown of the Federal Diversity Officer Executive Council (CDOEC), which was under the Office of Personnel Management (OPM). This council was originally responsible for promoting the federal government's diversity, equity, and inclusion strategies. Musk shared the news stating, "The action has begun." Previously, Trump promised to completely terminate illegal DEI (diversity, equity, and inclusion) programs and cut the budget by 1 trillion dollars.<blockquote>5. The SEC Establishes a Cryptocurrency Working Group to Enhance Regulatory Framework <a href="https://www.sec.gov/newsroom/press-releases/2025-30" target="_blank">link</a></blockquote>Mark T. Uyeda, the acting chairman of the U.S. Securities and Exchange Commission (SEC), announced on January 21, 2025, the formation of a cryptocurrency working group aimed at developing a clear regulatory framework for crypto assets. The group is led by Commissioner Hester Peirce, with Richard Gabbert and Taylor Asher serving as Chief of Staff and Chief Policy Advisor, respectively. The working group will collaborate with internal SEC members, the public, and other federal and international agencies to clarify regulatory boundaries, provide registration pathways and disclosure frameworks, and optimize law enforcement resource allocation.<blockquote>6. Trump's Son Eric Trump: Now is the Best Time to Bet on Cryptocurrency and Invest in America <a href="https://x.com/EricTrump/status/1881817309066703169" target="_blank">link</a></blockquote>Eric Trump, President Trump's son, posted on the X platform: "I believe now is the best time to invest in America. Bet on our markets, energy, technology, and cryptocurrency; bet on a nation that has shed its shackles and possesses potential. There's no doubt that Biden has left a mess, but this chaos will be corrected, and the next four years will be glorious. Transformational wealth will be created, and I hope everyone enjoys this journey."Joseph Lubin, founder of Consensys, posted on X stating: "As far as I know, the Trump family will establish one or more giant enterprises on Ethereum. They will also engage in activities on other chains such as Bitcoin and Solana or for other chains." He also emphasized, "The Trump administration will do what is beneficial for America, which will involve Ethereum. Consider how America can support the largest decentralized protocol ecosystem, Ethereum, to benefit the country, and possibly eventually use Ethereum technology in government activities just as they currently use the Internet and network protocols."<blockquote>7. Ethereum Core Developer Eric Conner Announces Exit from Ethereum Community <a href="https://x.com/econoar/status/1881554156261122535" target="_blank">link</a></blockquote>Ethereum core developer Eric Conner announced on the X platform his exit from the Ethereum community, saying, "I am no longer a '.eth'. Perhaps one day, those in leadership roles will re-align with the community, but for now, I have stepped away." Conner had previously criticized the Ethereum Foundation (EF) for its lack of transparency and disconnection from the community, suggesting that the foundation could cut its budget by 80% without impacting Ethereum's development. Conner stated he will focus on the intersection of crypto and AI, believing that crypto technology is crucial for building an open, trustworthy, and fair AI future.<blockquote>8. MicroStrategy Acquires 11,000 Bitcoins at the Beginning of 2025, Total Holdings Reach 461,000 <a href="https://x.com/saylor/status/1881688755096174607" target="_blank">link</a></blockquote>MicroStrategy acquired 11,000 Bitcoins at the beginning of 2025, with a total value of approximately 1.10 billion dollars, at an average purchase price of about 101,191 dollars each. As of January 20, 2025, MicroStrategy holds a total of 461,000 Bitcoins, with a total investment of approximately 29.30 billion dollars, and an average purchase price of 63,610 dollars. The company's Bitcoin yield since the beginning of 2025 stands at 1.69%.<blockquote>9. Nasdaq's Official Twitter Account Temporarily Hacked to Promote Fake Token Ads <a href="https://www.theblock.co/post/336489/nasdaqs-official-x-account-was-seemingly-hacked-to-promote-a-fake-memecoin?">link</a>The official Twitter account of Nasdaq was hacked on January 22, with hackers linking a fake Twitter account as an affiliated account of Nasdaq, and utilizing the official account to retweet messages promoting a new issued altcoin called STONKS. This altcoin is suspected of plagiarizing a token of the same name from the Solana ecosystem. According to DEXscreener data, the market value of the fake STONKS token soared to 80 million USD within hours, before rapidly crashing. The implicated tweets have since been deleted, and the fake account has been banned.<blockquote>10. Bridgewater Associates founder Ray Dalio reveals he holds a "small amount" of Bitcoin <a href="https://x.com/Cointelegraph/status/1881990186017386586" target="_blank">link</a></blockquote>Ray Dalio, the founder of Bridgewater Associates, stated that he holds a "small amount" of Bitcoin. Previously, during a financial conference in Abu Dhabi, he mentioned that due to high debt levels and potential debt crises facing major global economies, he would invest in hard currencies like gold and Bitcoin, avoiding debt assets.<blockquote>Key Financing Events</blockquote><ul><li>SOON completed a 22 million USD financing through NFT sales, led by Hack VC <a href="https://cointelegraph.com/news/solana-layer-2-soon-raises-22m-nft-sale-mainnet-launch" target="_blank">link</a></li><li>Phantom completed a 150 million USD financing, with its valuation soaring to 3 billion USD <a href="https://www.bloomberg.com/news/articles/2025-01-16/crypto-wallet-startup-gets-3-billion-valuation-in-sequoia-paradigm-deal" target="_blank">link</a></li><li>GTE completed a 10 million USD financing, planning to launch a decentralized exchange based on MegaETH <a href="https://www.theblock.co/post/335132/megaeth-based-dex-gte-funding-cobie-echo?utm_source=twitter&amp;utm_medium=social" target="_blank">link</a></li><li>Crypto wallet provider Keplr announced the completion of 5 million USD in seed round financing <a href="https://www.theblock.co/post/336377/crypto-wallet-keplr-funding-valuation" target="_blank">link</a></li><li>Aviation sector DePIN startup Wingbits announced it has completed 5.60 million USD in financing <a href="https://www.coindesk.com/business/2025/01/21/aviation-depin-network-wingbits-raises-usd5-6m-for-decentralized-flight-tracking?ref=onepagecrypto.com" target="_blank">link</a></li><li>Critical Metals launched a Bitcoin treasury strategy, with a financing plan to acquire up to 500 million USD of BTC <a href="https://www.globenewswire.com/news-release/2025/01/21/3012798/0/en/Critical-Metals-Corp-Announces-Commencement-of-Bitcoin-Treasury-Strategy-and-Related-Financing-to-Acquire-Up-to-500-million-of-BTC.html" target="_blank">link</a></li><li>The hybrid crypto exchange GRVT completed 5 million USD in financing, led by Further Ventures <a href="https://www.theblock.">link</a></li></ul><li>The crypto AI company Reppo Labs has secured $2.20 million in funding <a href="https://chainwire.org/2025/01/17/reppo-labs-secures-2-2m-in-funding-to-revolutionize-collaboration-between-data-owners-and-ai-agents/" target="_blank">link</a></li><li>The open-source economic infrastructure Merit Systems has completed $10 million in seed funding <a href="https://x.com/merit_systems/status/1879939809189466524" target="_blank">link</a></li><li>The Web2.5 infrastructure company Torram announced completion of $710 thousand in pre-seed funding <a href="https://decrypt.co/301261/torrams-pre-seed-closure-paves-the-way-for-institutional-grade-defi-on-bitcoin" target="_blank">link</a></li><li>The digital advertising platform EarnOS announced completion of $5 million in seed funding <a href="https://x.com/earnos_io/status/1879964985817985050" target="_blank">link</a></li><li>The Solana social graph protocol Tapestry has completed $5.75 million in Series A funding <a href="https://www.theblock.co/post/335251/solana-protocol-tapestry-funding" target="_blank">link</a></li><li>Hyve Labs raised $2.75 million to advance Web3 gaming infrastructure development <a href="https://www.theblock.co/post/334576/web3-gaming-firm-hyve-labs-raises-2-75-million-in-pre-seed-funding?utm_source=twitter&amp;utm_medium=social" target="_blank">link</a></li></ul>For more industry funding events, please refer to <a href="http://crypto-fundraising.info/" target="_blank">crypto-fundraising.info</a>.

Wu Says Daily Selected Crypto News + Wu Says Weekly Highlights: Top 10 News and Popular Articles

Wu Says Daily Selected Crypto News + Wu Says Weekly Highlights: Top 10 News and Popular Articles