The total global cryptocurrency market capitalization has shrunk to approximately $3.12 trillion, with a 24-hour decline of 2.5%-3%, and trading volume barely maintained around $120 billion. Bitcoin has dropped from last week's high.

On January 20, 2026, at 8:00 AM UTC+8, the DeFi protocol **MakinaFi** suffered a contract attack, resulting in the theft of **1,299 ETH**, which was approximately **4.13 million USD** at the time. As the first DeFi attack incident in 2026 with a single transaction exceeding 4 million USD, this security incident was quickly captured by on-chain security teams and the Chinese community. Initial on-chain data shows that the stolen funds were transferred to two main aggregation addresses, one of which controlled approximately 330.

In the Meme coin market, making money is never just about choosing the right direction, but rather about the speed of information and execution efficiency.

Are you ready to embrace the T+0 era without time differences?

"One fish, two meals" operation strategy

Ethereum falls below 3200 again, how much longer can Bitcoin hold the death line at 92000?

The latest data shows that the top 100 publicly listed companies holding the most Bitcoin globally have quietly accumulated over 1.1 million Bitcoins in their treasuries.

The transparency rating system focuses on a core issue: Do exchanges truly fulfill their responsibility for information disclosure? Comprehensive information disclosure is not only a regulatory compliance requirement but also a necessary condition for protecting investors' rights and promoting healthy market development.

The daily line has broken through key support, with multiple timeframes showing bearish resonance. Combined with the movements of large whales and outflows from ETFs, market sentiment is cautious. After a short-term weak consolidation, it may further decline.

On January 20, 2026, Beijing time, the new round of financing for the large model product **Kimi** under the Dark Side of the Moon has been finalized, with the pre-investment valuation raised from **4.3 billion dollars** a few weeks ago to **4.8 billion dollars**. In a short period, its market value has surged again, quickly becoming the focus of China's large model sector. This company, which holds **over 10 billion yuan** in cash reserves, still chooses to continue large-scale financing despite seemingly abundant funds, making "there's a lot of money,

Long-term vision: From arbitrage engine to liquidity infrastructure

What to do with the bottom oscillation?

From May 2024 to January 2026, a cybersecurity engineer from Shenzhen was investigated by multiple police departments due to holding and trading Bitcoin, leading to cross-regional collaboration in handling the case, which saw continuous reversals over more than a year. Initially, the Zhangjiajie police classified the case as online gambling based on an anonymous tip, and subsequently launched an investigation against the individual, Li Dong (pseudonym), for "operating a casino" and seized the Bitcoin under his name; however, by January 2026, when the court in Changge City, Henan Province, opened, the charges had changed.