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Nine new spot bitcoin ETFs amass over 100,000 BTC in seven days of trading
Nine new spot bitcoin ETFs amass over 100,000 BTC in seven days of trading

Nine new U.S. spot bitcoin ETFs, excluding Grayscale’s converted fund, now hold over 100,000 BTC in assets under management.BlackRock’s spot bitcoin ETF (IBIT) leads with 40,213 BTC in holdings, followed by Fidelity’s FBTC with 34,152 BTC.

The Block·2024/01/23 10:55
Bitcoin price falls below $39,000 as indicators suggest risk of a deeper correction, according to Bitfinex
Bitcoin price falls below $39,000 as indicators suggest risk of a deeper correction, according to Bitfinex

The bitcoin price has fallen below the $39,000 mark, causing a significant decline in short-term holder profits, according to Bitfinex.This market shift could result in increased sell pressure from the short-term holder cohort, analysts added.

The Block·2024/01/23 10:55
Animoca-backed Gamee confirms major exploit of token contracts
Animoca-backed Gamee confirms major exploit of token contracts

Quick Take Gamee confirmed that its GMEE token contracts on Polygon suffered an exploit that resulted in the theft of 600 million tokens. The Gamee token fell 64% over the past 24 hours, with the exploiter converting the stolen tokens into ETH and MATIC.

The Block·2024/01/23 09:34
Bloodbath Continues as Altcoins Keep Plunging and BTC Dumps to 7-Week Low (Market Watch)
Bloodbath Continues as Altcoins Keep Plunging and BTC Dumps to 7-Week Low (Market Watch)

The total crypto market cap has lost approximately $100 billion in the past two days alone.

Cryptopotato·2024/01/23 09:25
Flash
06:38
Deflation Reaches a New High: 42,008.06 DMD Permanently Burned via Smart Contract Last Week
[June 11, 2026] The latest on-chain data from the DMDAO Intelligent Computing Center indicates that within the past 7 calendar days, the DMD smart contract has automatically captured and executed the physical burning of a total of 42,008.06 DMD, setting a recent record for the highest weekly deflation volume. Accelerating Toward the One-Million Total Supply Cap: The full outbreak of this round of burning is driving DMD to accelerate its convergence toward its ultimate scarcity limit of 1,000,000 tokens. With the surge in network-wide interactions, the circulating supply in the market is undergoing a deeper structural tightening. A Direct Reflection of Market-Making Yields: The explosion in burning data directly reflects the strong high-frequency spread capturing capabilities and authentic business revenues of the underlying Matrix Prime market-making system. Powered by the Euler linear deflation model, the reduction in total circulating supply simultaneously strengthens the algorithmic weight of the remaining tokens. Code Rigidity Defying Market Sentiments: DMDAO official stated that the deflation of DMD does not rely on market sentiment, but is instead a long-term mechanism built purely upon real transaction flows, the internal loop of market-making yields, and automated contract execution. Every burn serves as on-chain ironclad evidence of the economic model's highly efficient operation. Deflation continues, structure reshapes. Genesis nodes concluded; DMDAO officially enters the era of pure zero-sum game among existing stock!
06:31
FTX/Alameda Unstaked Approximately 200,000 SOL Worth About $12.99 Million
On June 11, according to monitoring by OnchainLens, FTX/Alameda unstaked 200,241 SOL after nearly a month, valued at approximately $12.99 million.
06:11
Hua Fu Technology Launches Token Factory Solution
On June 11, Hua Fu Technology, a subsidiary of Hua Fu Fashion, launched a standardized Token generation service based on the Hua Fu MaaS platform. The release of the Token Factory solution marks Hua Fu Technology's transition from traditional computing power services to Token production and delivery services. The concept of the Token Factory is derived from the long-term operational practices of the Shangyu Intelligent Computing Center. As of May 2026, the first phase of the Shangyu AIGC Intelligent Computing Center, with an 800P computing power cluster, has achieved stable operation, with a computing resource utilization rate exceeding 98%. By continuously optimizing energy utilization, heterogeneous computing power scheduling, and large model inference efficiency, Hua Fu Technology has reduced the unit Token production cost by over 30%, establishing a scalable Token production capability. (Jinshi)
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