Blockchain Midday Update | Key Highlights on February 7

From 7:00 AM to 12:00 PM today, several major developments unfolded in the blockchain industry, including insights from notable figures, exchange incidents, and shifting market sentiments.

  • Blockchain Finance Era Accelerates: Prominent investment firm a16z crypto highlighted that blockchain is entering a crucial phase of financial innovation with significant future potential.
  • Exchange Bitcoin Incident: A major exchange mistakenly issued 620,000 Bitcoin but successfully recovered 99.7% of the total.
  • Star Joins Blockchain Venture: NBA superstar Giannis Antetokounmpo announced joining the blockchain trading platform Kalshi as a shareholder, sparking industry interest.
  • Market Sentiment Hits New Low: The latest crypto fear index dropped to 6, signaling rare levels of extreme market panic.
  • Vitalik Comments on Key Upgrade: Ethereum co-founder Vitalik Buterin praised ENS v2's decision to fully deploy on Ethereum's mainnet as a sound strategy.
  • Trump on Market and Policy: Former U.S. President Donald Trump credited tariffs for record stock market gains and predicted the Dow Jones will eventually hit 100,000 points.
  • ETH Holdings Shifting: A research firm now holds just over 31,000 ETH, transferring 430,000 ETH to Binance within 24 hours, indicating significant capital movement.