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South Korea's KOSPI200 Index Futures Fall 5%, Triggering Halt; S&P 500 Futures Extend Losses to 1.1%

2 hours ago

February 2nd — Per Bitget market data, global financial markets declined, with South Korea’s KOSPI 200 Index futures dropping 5% to trigger a 5-minute circuit breaker. S&P 500 Index futures extended their losses to 1.1%, while Nasdaq Index futures fell 1.5%. In China’s A-shares, the Shanghai Composite Index widened its decline to 1.3%, and the Shenzhen Component Index dropped more than 1.4%.
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Rainbow Token Sale Terms and Conditions

Crypto wallet Rainbow has released the rules for the CCA launch subscription of its RNBW token on Uniswap. The pre-sale kicks off at 11:00 PM Beijing Time on February 2 and runs through 11:00 PM Beijing Time on February 3. Concurrently, the CAA mechanism auction will launch, ending at 11:00 PM Beijing Time on February 5. Key CCA details: - Each block sets a single clearing price; orders execute if the clearing price ≤ the user’s maximum bid. - Starting price: $0.1 per token. - Fully diluted market cap: $1 billion; implied market cap: ~$19 million. - Total tokens sold via CCA: 5 million (0.5% of supply); payment method: USDC. Post-event steps: - CCA participants can claim their RNBW tokens via Uniswap. - RNBW airdrop rewards will be claimable via the mobile app. - Non-U.S. CoinList participants will receive tokens directly. - After distribution, RNBW will be tradable on Base and centralized exchanges.

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A whale has been holding a $4 million BTC long position for six months, with the liquidation price now only about 1.3% away.

February 2 – Per monitoring from HyperInsight (via its Telegram channel @HyperInsight), a whale with an address starting with 0xd9e has maintained a Bitcoin (BTC) long position since last August without closing it. Amid the recent sharp market sell-off, the position is now near its liquidation threshold. Currently, the address holds a 4x-leveraged BTC long position worth approximately $4.54 million, with an unrealized loss of up to $2.35 million (roughly -207%). Its liquidation price is around $74,500. Due to ongoing losses, the address’s available balance is now less than $100,000, leaving only about 1.3% further downside before liquidation is triggered.

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Nevada Court Issues Temporary Restraining Order Against Polymarket

Feb. 2: A Nevada court has issued a temporary restraining order against Polymarket, barring Blockratize—the entity behind the platform—from offering event-based contracts in the state for two weeks. The court found Polymarket’s activities may violate Nevada gambling laws and are not shielded by federal derivatives exclusivity rules.

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Musk Once Again Denies Any Connection to Epstein Case, Aims for Full Disclosure of Records

On February 2nd, Elon Musk and LinkedIn co-founder Reid Hoffman clashed over the Epstein case. Hoffman accused Musk of “fabricating facts via the influence of a $220 million political donation with Trump to cover up his own crimes in the case.” Musk denied ever attending Epstein’s parties and shared emails between Hoffman and Epstein, stating: “Epstein kept pestering me to go, but I always refused. But you actually went.” Today, Musk’s pinned tweet clarified his involvement in the Epstein case, saying: “No one has worked harder than me to push for full disclosure of the Epstein files and prosecute those who abuse children. I know exactly what mainstream media, far-left propagandists, and the truly guilty will do — and I’ll be mercilessly smeared for it. But I never attended his parties, never set foot on his chilling island, and did nothing wrong. The strong must protect those who can’t protect themselves — especially vulnerable kids. To better protect children and give them a chanc

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A Bitcoin Ancient Whale Awakens After 8 Years, Transfers Around 213 Million USD Worth of BTC

On February 2, per LookOnChain monitoring data, a long-dormant Bitcoin whale (address: 1NY5Kh) moved all 2,819 BTC it held—valued at roughly $213 million—after 8 years of inactivity, 15 minutes prior. Of that total, 1,500 BTC (worth ~$114 million) were deposited into Paxos.

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Jupiter Announces $35M Strategic Investment from ParaFi Capital

On February 2, Jupiter announced a $35 million strategic investment from ParaFi Capital to accelerate the development of its on-chain financial infrastructure.

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