Daily Report | Bitwise and CoinShares apply for registration of Dogecoin-related ETFs; Binance Alpha adds VINE, BUZZ, BID
Organizer: Fairy, ChainCatcher
Important News:
- Bitwise applies for a Dogecoin-related ETF in Delaware, USA
- CoinShares applied for a Dogecoin-related ETF in Delaware, USA last month
- Upbit will add NFT trading support in January 2025
- Upbit will list ANIME
- CryptoQuant founder: China may have sold 194,000 BTC seized from the PlusToken scam in 2019
- Goldman Sachs CEO: Until regulations allow, Goldman Sachs still cannot own, dominate, or participate in Bitcoin
- Taiwan's Financial Supervisory Commission plans to propose a virtual asset law in June, allowing banks to issue stablecoins
- New Kansas bill proposes to invest the state's public employee retirement fund in Bitcoin ETFs
- Binance Alpha adds VINE, BUZZ, BID
"What important events happened in the last 24 hours"
Binance Alpha adds VINE, BUZZ, BID
According to the official page, Binance Alpha has added VINE, BUZZ, BID.
Upbit will add NFT trading support in January 2025
Upbit will add NFT trading support in January 2025, including Ethereum network NFTs such as Azuki (AZUKI), BEANZficial (BEANZ), AzukiElementals (ELEM), AzukiElementalBeans (MBEAN), MiladyMaker (MIL), and RemilioBabies (TEST). Deposit, withdrawal, and trading functions will be available in January 2025. Users must complete ownership verification and use a MetaMask wallet for related operations.
Cathie Wood: Focus on investing in BTC, ETH, SOL, will not buy TRUMP
ARK Invest CEO and CIO Cathie Wood stated that she will not purchase Trump Coin (TRUMP) and that the company will continue to focus on the "big three" cryptocurrencies: Bitcoin, Ethereum, and Solana.
Wood believes the future of decentralized finance (DeFi) is optimistic, primarily based on Ethereum and Solana.
Previous reports from blockchain analytics firm Chainalysis show that Trump Coin (TRUMP) and Melania Coin (MELANIA) are controlled by 40 crypto whales, who hold tokens worth $10 million or more, accounting for 94% of the total supply.
Upbit will list ANIME
Upbit will list ANIME in the KRW, Bitcoin, and USDT markets, with the trading start time to be announced later.
CryptoQuant founder: China may have sold 194,000 BTC seized from the PlusToken scam in 2019
According to analysis by CryptoQuant founder Ki Young Ju, China may have sold 194,000 Bitcoins seized from the PlusToken scam in 2019. These Bitcoins were announced by the Chinese government to be "transferred to the treasury," but it was not clarified whether they had been sold.
Ki Young Ju pointed out that these Bitcoins flowed to several exchanges, including Huobi, after being mixed in 2019. If they were not sold, using mixers and multiple exchanges would be meaningless.
Goldman Sachs CEO: Until regulations allow, Goldman Sachs still cannot own, dominate, or participate in Bitcoin
Goldman Sachs CEO David Solomon, when asked whether accepting "Trump's potential strategic Bitcoin reserves would affect the bank's process of handling cryptocurrencies," stated: "We have discussed this issue many times, and we have spent a lot of time on the underlying technology. We are utilizing and testing it to reduce friction in the financial system. This is very important." However, from a regulatory perspective, Goldman Sachs still cannot own, dominate, or participate in Bitcoin, "If the world changes, we can discuss it."
Vine co-founder announces the issuance of VINECOIN, market cap briefly surpasses $20 million
Vine co-founder Rus Yusupov announced the issuance of VINECOIN on the X platform and released a video confirming that the account was not hacked. VINECOIN's market cap briefly surpassed $20 million.
Previously, Musk mentioned on January 19 that the X platform was considering restarting Vine services. Vine was a well-known 6-second video platform under Twitter, established in 2012 and closed its core services in 2017.
Taiwan's Financial Supervisory Commission plans to propose a virtual asset law in June, allowing banks to issue stablecoins
According to the Economic Daily, Taiwan's Financial Supervisory Commission plans to propose a draft law for virtual asset service providers (VASP) in June 2025, allowing banks to issue stablecoins for the first time.
Commissioner Peng Jinlong stated that stablecoins will serve as a bridge between fiat currency and virtual currency, providing investors with a trading entry point. All stablecoins issued in Taiwan must be approved by the Financial Supervisory Commission, including requirements for issuance qualifications and reserves. This policy will be coordinated with the central bank to clarify the distinction from CBDC and assess the application of stablecoins in the real economy.
Kraken donates approximately $111,000 worth of Bitcoin to Silk Road founder Ross Ulbricht
Cryptocurrency exchange Kraken announced on the X platform that it has donated $111,111 worth of Bitcoin to Ross Ulbricht, the founder of the Silk Road, who has been released.
New Kansas bill proposes to invest the state's public employee retirement fund in Bitcoin ETFs
Kansas Senator Bowser introduced Senate Bill No. 34, aimed at investing the public employee retirement fund in Bitcoin ETFs. According to the bill's text, it authorizes the Kansas Public Employees Retirement System (KPERS) Trust Committee to invest up to 10% of the Kansas public employee retirement fund in Bitcoin ETF products.
Lido co-founder: If Ethereum's "second foundation" is established, it needs a clear goal
In response to rumors that the Ethereum Foundation will separate a new organization called the "second foundation," Lido co-founder Konstantin Lomashuk stated, "In fact, the second foundation has not yet been established. Ethereum is the ultimate world computer, and every Ethereum enthusiast can help it grow, evolve, and succeed. If the second foundation is really established, it must have a clear goal to complement the tremendous work of current contributors. I appreciate everyone's support and believe we need more organizations to contribute to Ethereum."
Previously, Ethereum co-founder Vitalik Buterin stated that the future world computer is decentralized, and the Ethereum Foundation (EF) is just part of the world computer. Some people want to reform and reach a higher level of organization, but this organization is not the Ethereum Foundation, but Consensys (or a third entity in the same category). The Ethereum Foundation should not "give up halfway," but should confidently represent the aspects that Ethereum can effectively represent and intentionally create and nurture open space for other organizations to represent other aspects of Ethereum. Some of these other aspects may even be more meaningful under a profit-making form.
CoinShares applied for a Dogecoin-related ETF in Delaware, USA last month
According to Bloomberg ETF analyst James Seyffart, CoinShares submitted documents to Delaware, USA in December last year to apply for the COINSHARES DOGE ETF.
Bitwise applies for a Dogecoin-related ETF in Delaware, USA
According to the official website of the Delaware Department of State, Bitwise has submitted documents to Delaware to apply for the Bitwise Dogecoin ETF. The formation date is January 22, 2025, and the registered agent is CSC DELAWARE TRUST COMPANY.
Bloomberg ETF analyst James Seyffart stated: "Note: This is just a trust registration and is still not a formal ETF filing submitted to the SEC. At least not yet."
WazirX obtains approval from Singapore court to repay $235 million to hacking victims
WazirX has obtained approval from a Singapore court to repay $235 million to victims of a hacking incident.
The restructuring plan was proposed by WazirX's parent company Zettai, aiming to recover creditors through a court-supervised process and avoid liquidation. WazirX estimates that users can recover 75% to 80% of their account balances through token distribution.
According to the court hearing, there is no evidence that WazirX was at fault or acted improperly during the cyber attack.
WazirX will initiate a user voting process, expected to be completed within three months, along with an independent third-party audit. If the majority votes in favor, the plan will be implemented, and net liquid assets will be allocated to users based on their claims within 10 days, including any profits brought by the bull market.
"What are the exciting articles worth reading in the last 24 hours"
Uncovering the new leadership team of US crypto regulation, how long until implementation?
On January 21, local time in the US, SEC Commissioner Mark Uyeda replaced SEC Chairman Gary Gensler, who officially left on Monday, and will serve as acting chairman until Paul Atkins (Trump's nominee to replace Gensler) completes the Senate confirmation process. On the same day, Mark Uyeda announced the establishment of a cryptocurrency working group, aimed at creating a clear and defined regulatory framework for US crypto assets that the crypto industry has long awaited. On January 22, another major regulatory body for cryptocurrencies, the Commodity Futures Trading Commission, also announced its nomination, with Harry Jung (also an Asian) designated as the person responsible for crypto assets.
Core members leave to establish "Second EF," how long can the Ethereum Foundation hold on?
On January 21, renowned Ethereum core developer Eric Conner announced on social media that he was leaving the Ethereum Foundation, pointing out a series of issues such as lack of transparency, disconnection from the community, and resistance to change within the foundation.
Criticism of the Ethereum Foundation (EF) has been ongoing for a long time, and the recent weak performance of Ethereum has further fueled community dissatisfaction. Many prominent investors and developers have expressed their opinions and dissatisfaction with the EF, but the departure of veteran developers indicates that internal divisions within the EF have reached an irreconcilable point, pushing the EF into the spotlight.
As public opinion continues to ferment and community anger remains unresolved, a grassroots organization called the Second Foundation has quietly been established.
Ethereum faces internal and external challenges and urgently needs reform.
The "code madman" leading Solana upgrades leaves to start a business, aiming to disrupt the old world with high-performance L1
This morning, a significant personnel change news ignited the Solana community.
In the early hours, Solana core developer Cantelopepeel announced his departure from the Solana client team Firedancer to create Unto Labs. Cantelopepeel stated that Unto Labs will build a next-generation Layer 1 blockchain that is "designed for performance, without compromise."
Meme Popularity Rankings
According to the meme token tracking and analysis platform GMGN, as of January 23, 19:50:
The top five popular Ethereum tokens in the past 24 hours are: MEGA, DOGE, PEPU, ORACLE, STARGATE
The top five popular Solana tokens in the past 24 hours are: VINE, Stargate, ELON, Mohammad, STONKS
The top five popular Base tokens in the past 24 hours are: VIRTUAL, AIXBT, TOSHI, MIGGLES, WLFI