X Product Owner: Creator Rewards Split Increase Benefiting from Robust Sybil Attack Mitigation

Jan 31 – Seth R Freeman, Managing Director at GlassRatner Advisory & Capital Group, noted that rebuilding global market credibility will be a top priority for Lael Brainard, the newly nominated Federal Reserve Chair. This is especially critical amid the tense dynamic between former President Trump and ex-Fed Chair Powell in recent months. Brainard, a long-serving government official, is the ideal pick for the role. The market will no longer face the uncertainty and volatility sparked by Trump’s repeated pressure on the Fed Chair—good news for all. Additionally, the sharp drop in gold and silver prices following Brainard’s nomination confirmation signals the market expects a stronger dollar and a shifted environment. A lack of a meaningful rebound in precious metals next week would be no surprise. Given Brainard’s hawkish leanings, traders with heavy precious metals exposure—especially those holding unhedged long positions—may face losses. (Source: Oriental Wealth)

On January 31, multiple Step Finance treasuries and fee wallets were hacked. Approximately 261,854 SOL tokens were unstaked and transferred, with the total value around $30 million. Step Finance issued an official statement noting it is currently investigating the attack and will release further details at a later time.

OKX to List XPD (Palladium) and XPT (Platinum) USDT Perpetual Contracts on January 31

On Jan. 31, CZ responded to a community member’s question “Why sell gold and silver” with: “Let me sell the 2 ounces of gold I hold and see how the market reacts. Actually, I’ve never bought or sold gold before—I don’t know how to go about it.”

Jan 31: NVIDIA CEO Jensen Huang said, “We will definitely participate in OpenAI’s current funding round and invest a substantial amount of capital.”

On January 31st, OKX Star stated: “I don’t like debates—you can never wake up someone pretending to be asleep.” That said, the spokesperson emphasized the importance of clarifying facts, sharing the following details: 1. Bitcoin started declining roughly 30 minutes before USDe de-pegged. Absent the USDe leverage loop, the market would likely have stabilized by that point. Selling chain reactions were not inevitable but amplified by structural leverage. 2. Dragonfly has never invested in OKX—neither in small nor large amounts. In fact, OKX previously invested in Dragonfly. 3. “I won’t spend any more time discussing this topic,” the statement added.