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What Vitalik Buterin writes about in his 30s

The co-founder of the Ethereum project, Vitalik Buterin, published a new article on his blog. He talked about the four components of the cryptocurrency sector, and recalled a trip to China in 2014, when he saw the scaling of exchanges and the development of the mining industry, in particular, the increase in bitcoin mining farms using GPUs and ASICs.

He also mentioned how the development of Ethereum was going and how this blockchain could be used in non-financial applications.

Vitalik also writes about how AI has cracked Silicon Valley, his visit to Taiwan in 2016 and 2017, Argentina, and the start of a full-scale war in Ukraine. Here is the full article.

Ripple is in trouble

Ripple appears to have been hacked for about 213M XRP (about $112.5 million). This was reported by popular on-chain analyst ZachXBT. According to his message, so far the stolen funds have been laundered through MEXC, Gate, Binance, Kraken, OKX, HTX, HitBTC, etc.

Co-founder and Executive Chairman of Ripple Chris Larsen has confirmed that there was unauthorized access to his few personal XRP accounts on January, 30. Exchanges have frozen the affected addresses.

HERE Wallet presents their analog of Notcoin

HERE Wallet team released instructions on how to participate in HOT token mining via Telegram bot similar to Notcoin. 

How to get HOT

• Install the app (Android); 
• Import the seed phrase from HERE Wallet into the Telegram bot; 
• Start farming HOT by pressing the Claim button;
• Watch the Storage indicator (pick up every 2 hours); 
• Complete other tasks to increase productivity. 

Key crypto market highlights (February 1-7)

• BitSong to launch an NFT "Stimulation Growth" by Goose Pärk (01.02).
• Ternoa to burn 100 percent of transaction fees - a minimum of 1M and a maximum of 5M CAPS tokens (01.02).
• Guacamole will release GUAC v.2.0 (01.02).
• SKALE will launch Chain Payments (01.02).
• Paribus to launch NFT lending on Testnet (02.02).
• Coin98 to announce something important (02.02).
• JOE to host community call (03.02).
• Beldex is preparing for the Bern hard fork (04.02).
• Bitcoin Name Service System will release BNSX Marketplace (05.02).
• ZetaChain (ZETA) to be listed on Bitrue, OKX, Bitfinex, and BitMart (01.02). Also, ZetaChain supports BNB Chain at mainnet launch, along with Ethereum and the Bitcoin network.
• Dydx (DYDX) tokens unlock — 33.33M coins, or 10.63% of the circulating supply (01.02).
• Tornado Cash (TORN) – 91.67K coins or 2.41% of the circulating supply to be unlocked (01.02).
• Acala (ACA) unlock – 27.43M of tokens, or 3.10% of the circulating supply (01.02).
• Nym (NYM) – 45.63M tokens to be unlocked, or 7.13% of the circulating supply (03.02).
• Sui (SUI) tokens unlock – 40.29M, or 3.66% of the circulating supply (03.02).
• Galxe (GAL) – 5.18M tokens or 5.76% of the circulating supply to be unlocked (05.02).
• Hashflow (HFT) tokens unlock – 13.85M, or 4.11% of the circulating supply (07.02).
• The World AI Cannes Festival (February 8-10).

💲Ideas 

[1] Collecting Puffers

Puffer is a native restacking protocol (nLRP) built on top of EigenLayer. The project has raised $5.5M from Lemniscap and Lightspeed Faction, Brevan Howard Digital, Bankless Ventures, Animoca Ventures and others. 

Puffer recently launched Puffy's Crunchy Carrot Quest campaign with 5 chapters.

The first chapter is available now with a 1000-point prize for completing it.

The pre-mainnet stage will start on February 1. In it, users will be able to deposit ETN and get in return pufETH, for which will be given puri Puffer, and for deposit before February 9 also points Eigen (the usual LST yield is also taken into account).

The team promises 3x Puffer points to those who withdraw from EigenLayer stETH and make a deposit into their protocol. 

Keep in mind that the withdrawal from Eigen lasts for 7 days.

[2] What's next for XRP?

According to RLinda's technical analysis, XRP, Ripple's cryptocurrency, is currently being tested at a level where the trend seems to be changing after leaving a triangular pattern. Traders are increasingly interested in Ripple, despite uncertain factors affecting it. Now, the market has good potential for further upside to 0.7325. 

There's also speculation about the possibility of an XRP-ETF (Exchange-Traded Fund), but legal issues between Ripple and the SEC (U.S. Securities and Exchange Commission) could affect Ripple's future, with legal proceedings expected to happen in late winter 2024.

Support levels: 0.493, 0.420, trend support

Resistance levels: 0.585, 0.648, 0.7325

*Any technical analysis in the long run cannot accurately predict the movement because now is a very tough market and the news can swing currencies in all directions

[3] Suiswap's first IDO is confirmed

Suiswap is a decentralized trading platform and exchange built on the SUI blockchain by Vivid Network.

Suiswop is about to launch the first IDO on their launchpad (the launchpad is designed with the SSWP token). No detailed information is available yet, but the first project will be from the Solana ecosystem (SOL). 

Users can participate in staking SSWP tokens, for which, in addition to the possibility of participating in future sales, the team promises an airdrop. The amount of 🏆 will depend on the number of tokens staked.

APR

• 8% in 3 months;
• 15% in 6 months;
• 22% for 12 months.

As we steer our ships into the harbor, may your investments yield bountiful returns and your spirit remain unyielding. Until we chart our next course, stay vigilant, stay curious, and may the blockchain be with you! 🌌🚢 Until the next week!

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