‍Pump.fun Acquires Vyper to Enhance Solana Trading Infrastructure The Solana-based memecoin launchpad Pump.fun has acquired crypto trading terminal Vyper. This move transitions Pump.fun from a token issuance tool to a comprehensive trading ecosystem. Vyper will cease standalone operations on February 10, 2026, with its infrastructure integrated into Pump.fun's professional tools. This acquisition follows Pump.fun's previous acquisition of the trading terminal Padre, now rebranded as Terminal. The focus is on enhancing liquidity and execution speeds for Solana (SOL) tokens. The expansion occurs amidst a market contraction for speculative assets. Pump.fun's monthly revenue has declined significantly from its peak in January 2025. By integrating Vyper, Pump.fun aims to offer advanced features for on-chain traders and diversify its utility beyond memecoins.
‍Bitcoin Experiences Historic $10,000 Daily Drop, Triggering $2.6 Billion in Liquidations Bitcoin (BTC) recorded its largest single-day dollar decline on Thursday, falling below $60,000 for the first time since October 2024. This volatility resulted in $2.6 billion in leveraged positions being wiped out, exceeding liquidations from previous major market shocks. US spot Bitcoin ETFs saw net outflows of $434 million. Analysts suggest a potential prolonged bear market, with some projections indicating a return to previous highs may not occur until the next halving cycle in 2028.
‍Crypto Industry Condemns Democratic Party for Mocking Market Losses The cryptocurrency industry has voiced strong disapproval of a recent social media post by the Democratic Party that appeared to mock recent market downturns. The controversy arose during a period of significant volatility, with Bitcoin dropping 8.1% in 24 hours and billions in liquidations. Industry leaders criticized the partisan tone, highlighting that market losses impact investors across the political spectrum. Caitlin Long, CEO of Custodia Bank, stated, "The sad thing about this tweet is that you're gloating in a lot of Democrats' painful financial losses right now." The incident underscores growing concerns over the politicization of digital asset policy.
‍Web3 Security Losses Exceed $414 Million in January 2026 The Web3 ecosystem experienced significant security challenges in January 2026, with losses surpassing $414 million due to various malicious activities. According to a report by GoPlus, major exploits, including smart contract vulnerabilities and private key leaks, accounted for over 90% of these losses, totaling approximately $376 million from 20 high-profile incidents. Additionally, phishing scams affected around 5,000 victims, resulting in losses of roughly $20 million. While the number of new "honeypot" tokens detected across Ethereum, Base, and Binance Smart Chain decreased, the overall threat landscape underscores the persistent need for enhanced security audits, multi-signature wallets, and user education.
‍Gloria Zhao Departs Bitcoin Core After Six Years Gloria Zhao, a key maintainer of Bitcoin Core software, has resigned after more than six years of contributions. Zhao, who focused on mempool validation and transaction relay, has revoked her cryptographic signing keys as a standard security procedure. Her departure is not expected to impact Bitcoin's consensus rules, security, or transaction processing. The open-source model ensures the project's continued stability and development, relying on a distributed community of contributors rather than any single individual.
‍Bitcoin ETFs See $434 Million Outflow as BTC Price Tests $60,000 Spot Bitcoin ETFs in the US recorded $434 million in net outflows on Thursday, following $545 million in redemptions the previous day. This brings the two-day total to nearly $1 billion. Bitcoin briefly dipped to $60,000 amid these outflows. While total net assets for spot Bitcoin ETFs remain substantial at around $81 billion, the recent trend marks a shift from earlier weekly inflows. Concerns are also being raised about whether the ETF structure could dilute Bitcoin's scarcity. Analysts like Bob Kendall suggest that multiple financial derivatives tied to the same Bitcoin could create a "fractional reserve price system," potentially impacting the value of physical holdings.