Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance, covering weekly key news, mining information, project trends, technological progress and other industry trends. This article is one of the news weekly news magazines, which will take you to take a look at the major events in the blockchain industry this week.

Taiwanese

▌SBF changed his position in support of Trump in its first prison interview, suspected of fighting for a pardon

Sam Bankman-Fried (SBF), former CEO and co-founder of cryptocurrency exchange FTX, took a supportive stance in his first interview after being imprisoned, in which SBF claimed that he was also "Ministry of Justice" ” The victim, he supports more Republican causes than people know. According to an interview with SBF by The New York Sun reporter, SBF provided US$40 million to the U.S. party and US$5.2 million to the Biden camp in 2020. He is currently serving a 25-year prison sentence at the Metropolitan Detention Center (MDC) in Brooklyn, New York, on multiple charges including fraud. Inter-US groups have previously reported that the possibility of SBF being pardoned is small, although he appears to be fighting for pardons from the current U.S. president.

▌eXch refuses to intercept stolen funds for Bybit

eXch (centralized mixed coins) ) refuses to intercept the funds stolen by the hacker for Bybit.

▌Musk intends to discuss with Trump the DOGE bonus of $5,000 to Americans

Musk will ask President Donald Trump about a DOGE dividend proposal that will provide taxpayers with a $5,000 refund check funded by savings from his efficiency department.

▌Musk's DOGE will audit the US SEC to investigate its potential fraud, abuse and waste. : left;">According to an official announcement, Elon Musk's efficiency department DOGE will conduct an audit of the U.S. Securities and Exchange Commission (SEC) to investigate its potential waste, fraud and abuse.

▌Trump's newly appointed FBI director Kash Patel holds value$115,000 Bitcoin

According to BecauseBitcoin's post on X platform, Trump's newly appointed FBI director Kash Patel holds $115,000 worth of Bitcoin.

▌FOX reporter: The stablecoin regulatory framework bill submitted by Republican senators has received more cross-party support

FOX Business reporter Eleanor Terrett posted on social media that "the stablecoin regulatory framework bill submitted by Republican Senator Bill Hagerty has received more cross-party support. Senator Angela Alsobrooks, Democrat of Maryland, just signed the agreement to become The bill’s co-sponsor, another Democratic co-sponsor, is Kirsten Gillibrand. ”

▌Coinbase Lianchuang: reached an agreement with the US SEC, and the relevant lawsuit is expected to be officially approved for revocation next week

Coinbase Co-founder and CEO Brain Armstrong Coinbase reached an agreement with SEC staff to cancel their lawsuit against Coinbase. Once approved by the Securities and Exchange Commission (who was told it will be approved next week), it will be a complete revocation with zero fines and no changes in business. 1. The Securities and Exchange Commission made a legal mistake. 2. Submission to the SEC's request may lead to the decline of the crypto industry in the United States. 3. Litigation revocation is the right choice for Coinbase’s clients and industries. Brain Armstrong said he was looking forward to the SEC reform under Paul Atkins, Mark Uyeda, Hester Peirce and DOGE, and looking forward to new and smarter personnel entering leadership positions.

▌U.S. Senators urge SEC to reconsider encrypted ETF staking

U.S. Senators from both parties Send a letter to Mark Uyeda, Acting Chairman of the SEC, urging reassessment of encrypted ETF staking issues, believes that it plays an important role in blockchain security and investor interests. The letter was led by Republican Senator Cynthia Lummis and supported by Democratic Senators Kirsten Gillibrand and Ron Wyden.

▌Bo News Agency: The US SEC has concluded its investigation into OpenSea

According to Bloomberg, OpenSea said the SEC has concluded its investigation into the NFT market. Recently, the US SEC has postponed the process of litigation against several crypto companies and said that the newly established cryptocurrency working group may resolve a series of litigation to save judicial resources. Yesterday, the SEC agreed to withdraw its lawsuit against Coinbase.

▌Bernstein: The regulatory environment is creating ideal conditions for promoting stablecoin legislation

A report released by Bernstein on Wednesday showed that it believes that the 'perfect storm' of regulatory forces is creating ideal conditions for US stablecoin legislation this year. Analysts added that possible U.S. legislation could prompt major financial institutions to evaluate how stablecoin issuance or settlement will be integrated into their business models. In addition, regulators are expected to strengthen their review of past ‘debanization’ practices and further incorporate stablecoin issuers, exchanges and intermediaries into the traditional financial system.

Blockchain application

▌CZ: This morning, DEX uses AMM, LP and other functions, and DEX has a lot of room for improvement for novices

< p style="text-align: left;">CZ said on its social platform, "This is my first time using AMM, mobile pool, etc. I have never used DEX before, I use CEX. I want to use TST LP Put some BNB in ​​the middle as a test, I've seen a demo of Pancake before. It looks simple. So I didn't refer to any video tutorials. I wanted to see what the first experience would look like. As a newbie, I had to Say DEX The experience can be improved a lot, and there may be robots trying to snatch my public address transactions (or any large transactions), and everyone can monitor what I am doing in real time, well, there are still many things to do." Previous news, CZ Redeem 1 BNB to 5,387.79 TST at 00:29:20 today and add liquidity to TST.

▌Zhao Changpeng suspected of suggesting to Musk to use blockchainTechnology replaces traditional paper notes

Zhao Changpeng (CZ) seems to suggest to Elon Musk to use blockchain technology to replace traditional paper notes bill. The background of this discussion is that the U.S. Treasury Department processed 116 million paper checks in fiscal year 2024, while in fiscal year 2023, the $25 billion tax refund was delayed or lost due to the loss or expiration of checks. The Ministry of Finance also maintains a physical lock box network for collecting related checks such as tax (such as IRS), passport (such as hospitals), and other related checks, with processing costs of approximately US$2.4 per check. Cancelling paper checks can save at least $750 million a year.

▌Tether is developing interest-producing stablecoin

According to Bloomberg, Tether is co-founded Reeve Collins is developing an interest-producing stablecoin project, planning to compete with Tether, and will launch on Ethereum and Solana blockchains later this year. The project will mint stablecoins through smart contracts, with assets backing including real-world assets with income such as bonds. Unlike Tether, which makes profits through investment reserves, the new project will distribute profits to participants in promoting stablecoins and launch governance tokens where token holders can participate in platform decisions and share platform revenue.

▌Curve founder is developing a new project Yield Basis and has completed a $5 million financing

Curve founder Michael Egorov is developing a new project Yield Basis and raising $5 million at a valuation of $50 million. According to financing information on January 11, 2025, the project sold 10% of its total supply of ‘YB’ tokens — that is, 100 million of the 1 billion tokens. The investor’s vesting plan includes a 6-month lock-up period followed by a 2-year linear unlock. 30% of the total supply will be used for community incentives, allocated through liquidity mining. Other allocations include 25% to the team, 15% for development reserves, 10% for Curve technology licensing, and 10% for collaboration. Yield Basis aims to help users holding tokenized Bitcoin and Ethereum gain profit from market making by mitigating impermanent losses. Impermanent losses are a risk in decentralized finance (DeFi), where liquidity providers may still hold the value of their assets directly if they earn transaction fees or token rewards.

▌CZ: I heard that the BNB Chain team is creating a video tutorial on creating an AI agent on this chain

Binance founder CZ posted on social media, "BNB Chain's transaction volume has increased by 66.63% in the past seven days, and it all started with a video tutorial. I heard that the team is making a new video tutorial to teach people How to create an AI proxy on BNB Chain. ”

Cryptocurrency

▌CZ: Positive to use funds from donation addresses to provide liquidity

< p style="text-align: left;">CZ's consideration of how the remaining funds are used on its social platform: "I might combine the funds. See which combination works better. Many people recommend charity Donate, I support it. I like to do charity with cryptocurrency. My requirement for charity is that the receiving organization must enable cryptocurrency and must allow tracking to the ultimate beneficiary. Transparency. Recommendations are welcome. Some "other projects" suggest destruction received tokens. I understand what it means. Airdrop is the one that puts the most effort into wallet operations, and choosing to drop airdrop will cause more "controversy". Some people suggest adding to LP. I did some tests yesterday. I think I might finally get the trick. Judging from this address, the MEV experience is very accurate. A good learning experience. and fun weekend exercises. I know it's just a few years late. Currently, I tend to do more to support liquidity. I don't care whether the funds on this address make money or lose money. I think this is also an indirect way to give back to our community. ”

▌Bybit CEO responded to eXch's rejection of its interception request: I hope eXch will reconsider it, which is not only helping Bybit

Bybit CEO Ben Zhou said on the X platform, "At this moment, it has nothing to do with Bybit or any entity, but our general attitude towards hackers as an industry, I sincerely hope that eXch can reconsider and help us stop funds From them. We also have the help of Interpool and international regulators to help stop these funds from being more than just helping Bybit.” Earlier reports, eXch has rejected Bybit’s fund interception request, and there has been a relatively large amount of ETH through eXch Wash it out and replace it with BTC XMR, etc.

▌Slow fog cosine: It is recommended that all platforms improve risk control levels for funds from eXch

According to Slow fog Cosine , given that a relatively large amount of ETH has been washed out through eXch and replaced with BTC, XMR, etc., all platforms should improve the risk control level for funds from eXch. Earlier reports that eXch refused to intercept stolen funds for Bybit.

▌Kanye West X account has deleted previously published cryptocurrency-related tweets

Well-known Trendy artist Kanye West X's account has now deleted the previously published cryptocurrency-related tweets. Previous reports that according to analysis by encrypted KOL Loki The Bird, "Kanye West may have transferred (or hosted) its X account to BarkMeta Doginals for $17 million."

▌CZ: Binance has been restricting employees from speculating in coins, and is preparing to try several "local dog" projects in person

Binance Lianchuang CZ posted a post on the X platform It said that Binance (CEX) has always restricted employees from speculating on currency. This is of course to protect users. But the side effect is that the product manager does not understand user needs very well. CZ said: "I can't control this, let their management decide. On Chain, you should indeed experience the product. Wait and try a few local dogs."

Important economic dynamics

▌Important macro events and data next week: Federal Reserve officials speak intensively, PCE and Nvidia financial reports are announced

Next week, more A key Fed official will make a speech, as follows: 2026 FOMC voter, Dallas Fed Chairman Logan delivered a speech; 00:45 Wednesday, Fed Director Barr made a speech; Thursday, 2025 FOMC The voter, Kansas Fed Chairman Schmid speaks on economic issues; Friday 02:15, 2026 FOMC voter, Cleveland Fed Chairman Hamake speaks on financial stability; Friday 04:15, 2026 FOMC voter The Chairman of the Philadelphia Federal Reserve, Huck, spoke on the economic outlook. In addition, US heavy macroeconomic data such as PCE (Personal Consumption Expenditure Price Index) will also be released next week, as follows: Tuesday 23:00,US Consulting Chamber of Commerce Consumer Confidence Index and February Richmond Fed Manufacturing Index; Nvidia will release financial report after the U.S. stock market on Wednesday; Thursday 21:30, the annualized quarterly rate of US real GDP in the fourth quarter was revised, The fourth quarter GDP price index revised value, January durable goods order monthly rate, the number of initial unemployment claims in the United States to February 22; Friday at 21:30, the United States January PCE data, January personal expenditure monthly rate. (Jin Shi)

▌Federal Director Coogler: PCE inflation rate is expected to be 2.4% in January

Federal Director Coogler: It is expected that PCE inflation rate will be 2.4% in January and the core PCE inflation rate will be 2.6%; there is still a certain gap from the 2% target.

▌Federal Bostic: The Fed is expected to cut interest rates twice this year

Federal Bostic Stick said the Fed is expected to cut interest rates twice this year. There may be many things in the future, which will lead to an increase or decrease in interest rate cuts. The current benchmark interest rate is in a moderate tightening state, compared with the neutral interest rate of 3%-3.5%. The slowdown is a major concern due to the upcoming changes, but businesses expect 2025 to be a solid year, and the economy remains resilient to date.

▌Federal meeting minutes: If the economy is strong, it can be maintained at a restrictive level

The minutes of the Federal Reserve's January monetary meeting showed that all participants believed it was appropriate to keep the target interest rate unchanged. If the economy is strong, it can be kept at a restrictive level. Some participants mentioned that potential changes in trade and immigration may hinder the process of inflation decline; several participants said that it seems that the risk of achieving inflation targets is greater than the risk of achieving employment targets; inflation risks generally tend to rise. The vast majority of participants judged that the risks faced by the dual mission goals were basically in a balanced state.

▌Federal Bostic: Confidence in the economic outlook for 2025 has decreased

Fed Bostic said confidence in the economic outlook for 2025 has been reduced. It is difficult to take into account all potential changes in the economic outlook; unanticipated inflation progress will show a straightforward trend. The Fed did not cut interest rates significantly last year and is still binding; satisfied with the suspension of interest rate cuts to observe economic development. The Fed is approaching its assets and liabilitiesThe threshold level of the table, the debt ceiling is a factor that determines this; I hope to pay attention to the balance sheet every day to ensure that the asset shrinks will not be excessive.