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Euclid Protocol Completes $3.5M Seed Round and Seed Round Extension Financing

2 hours ago

Interoperable liquidity protocol Euclid Protocol has closed a $3.5 million seed round and seed extension, with participation from KuCoin Ventures, Gate Ventures, 0G Labs, Atom Accelerator DAO, Kahuna Ventures, and several angel investors. Euclid plans to launch its full mainnet and conduct a Token Generation Event (TGE) in the first half of 2026, followed by the rollout of Nest—a thematic treasury strategy product built on Euclid.
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Binance Launches ZAMA on Alpha, Currently Priced at $0.0386

Feb. 2 — Binance Alpha has officially listed ZAMA today at 8:00 PM UTC, per market sources, with the token currently trading at $0.0386.

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Bloomberg Analyst: Still Expects Bitcoin to Fall to $50,000, Caution Against Shorting if Rebound Nears $100,000

On February 2nd, Bloomberg Intelligence Senior Commodity Strategist Mike McGlone noted that a key variable as silver and Bitcoin head back toward $50/oz and $50,000, respectively, could be the gradual return of stock market volatility. Until volatility normalizes, initiating new risk-on positions in these assets may not be prudent—especially given the evolving nature of former President Trump’s policies. A cautious short stance could be a reasonable call if silver breaks above $100 or Bitcoin nears $100,000. Reportedly, McGlone’s bearish take on Bitcoin grew notably persistent toward the end of 2025 and early 2026. Around November 2025, he began openly predicting Bitcoin could drop to $50,000 in 2026—roughly a 60% decline from its then-all-time high.

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BlackRock deposits 58,327 ETH to Coinbase

Feb. 2 — Per Onchain Lens monitoring, BlackRock has just deposited 58,327 ETH into Coinbase (approx. $133.32 million) and could further increase its deposit volume.

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The White House will hold a meeting with the cryptocurrency and banking industry on February 3 at 2:00 AM to discuss the stablecoin issue.

The White House is set to meet with crypto firms and banks at 1 p.m. ET on February 2 (2 a.m. Beijing Time on February 3) to discuss disagreements over stablecoin yields in the CLARITY Act.

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ZAMA Token Staking Introduction: The protocol utilizes Delegated Proof of Stake (DPoS) mechanism, with staking rewards sourced from protocol inflation

On February 2, ZAMA officially published an article detailing its network staking mechanism. The Zama protocol uses a Delegated Proof of Stake (DPoS) mechanism, allowing users and participants to delegate their ZAMA tokens to operators that run the network’s infrastructure. There are currently 18 active operators: 13 Key Management Service (KMS) nodes and 5 Fully Homomorphic Encryption (FHE) co-processors. Staking rewards are funded by the protocol’s inflation mechanism, with an annual inflation rate of 5% of the initial total ZAMA supply. Of this, 60% goes to KMS operators and their delegators, while 40% goes to co-processor operators and their delegators. Rewards are distributed based on the square root of each operator’s total stake—meaning delegators earn higher returns by staking with smaller operators, which incentivizes network decentralization. Operators deduct a commission (up to 20%) before distributing rewards to delegators; the remaining amount is split proporti

2 minutes ago

A whale address bought 414.37 XAUT in the last 3 hours

Feb. 2 — Per Onchain Lens monitoring, a whale has spent 1.94 million USDC to acquire 414.37 XAUT at $4,673 each over the past three hours.

2 minutes ago