加密城市 Crypto City

Regarding the long-debated positioning of 'tokenized securities' between Wall Street and the cryptocurrency industry, the SEC has officially released regulatory guidance, emphasizing that even if tokenized securities are issued and circulated in the form of blockchain, the nature of these on-chain assets has not changed, and they will still fall under SEC jurisdiction.

The U.S. SEC's Division of Corporation Finance, Division of Investment Management, and Division of Trading and Markets mentioned in guidance released on Wednesday that tokenized securities are merely a 'change in form' rather than a 'change in substance.' As long as they meet the federal securities laws' definition of 'securities,' they must adhere to registration, disclosure, and other compliance obligations just like traditional stocks and bonds. The U.S. SEC pointed out:

After nearly 10 years of silence, The DAO's funds are transforming into a security fund.

The DAO, which triggered the largest governance and security crisis in Ethereum's history in 2016, is now rumored to return to the core of the ecosystem in a new form. According to community news and relevant sources, the Ethereum Foundation and founder Vitalik Buterin support the integration of the remaining funds that were not claimed back then, to establish a security fund called 'The DAO Security Fund', with a scale of about 75,000 Ether ($ETH), currently valued at approximately 220 million USD.

The DAO was hacked and lost about 36 million Ether, ultimately leading to the Ethereum hard fork, splitting the network into Ethereum and Ethereum Cash. Today, the assets that were once used for edge refund scenarios are seen as resources that can be transformed into long-term enhancements for network security, rather than continuing to sit idle in contracts.

鴻朱突發公告，1 月底全面停止營運

國內數位資產服務業者鴻朱數位昨（1/29）日於官網發佈正式公告，宣佈將於 2026 年 1 月 30 日起結束營業，所有交易與服務收單僅至今日下午 17：00 為止。公司對外說明，此決定與近期政府監理政策變動以及整體營運策略調整有關，經管理層審慎評估後做出停業安排。

圖源：鴻朱數位 鴻朱數位「結束營運」公告

公告中強調，針對尚未執行完畢的合約與專案，各部門將主動與合作夥伴聯繫，依照原有約定辦理結算、變更或解除程序，並由財務部門統一處理應收與應付款項。公司亦提供專用信箱作為結束營業期間的後續聯絡窗口，顯示其希望在退場過程中維持基本秩序與信任。

曾列金管會名單，卻仍難敵監理與成本壓力

鴻朱過去曾名列國內虛擬資產服務提供者名單，是依法完成洗錢防制聲明與相關程式的業者之一。不過，隨著金管會近年逐步強化 VASP 監管要求，包括內控制度、資訊安全、反洗錢作業與申報義務等，業者的合規成本持續攀升。

市場人士指出，中小型業者在交易量尚未達到規模經濟前，就必須承擔與大型業者相近的法遵、人員與系統建置成本，營運壓力遠高於早期野蠻生長階段。鴻朱過去也曾因合規缺失遭主管機關裁罰，在監管環境趨嚴的背景下，持續營運的難度明顯提高。

延伸閱讀
快訊》台灣VASP業者名單出爐！金管會公告：9家合規平台一次看
台灣幣商HzBit鴻朱遭罰152萬！金管會揭4大缺失：違反洗錢防制法

本土 VASP 數量再縮水，產業走向高度集中

隨著鴻朱退出，國內仍在名單上的虛擬資產業者數量降至約 8 家。相較前兩年申請熱潮時動輒雙位數的業者規模，如今市場明顯走向集中化，資源與使用者逐步流向資本較雄厚、合規體系較完整的平台。

這樣的變化，一方面反映監管制度正在發揮篩選效果，將營運基礎薄弱或法遵能力不足的業者淘汰出場；另一方面，也讓市場競爭從早期的「誰先上線」轉變為「誰能長期活下來」。在交易手續費持續下滑、使用者成長放緩的情況下，單靠撮合業務已難以支撐營運。

在鴻珠宣佈退場後，仍提供服務的 VASP 業者如下，依筆畫排序分別為：

禾亞數位科技（HOYA BIT）

拓荒數碼科技（ZONE Wallet）

現代財富科技（MaiCoin、MAX 交易所）

重量科技（KryptoGO）

富昇數位科技（TWEX）

跨鏈科技（Chainss）

幣託科技（BitoPro）

鏈科股份有限公司（XREX 交易所）

合規時代來臨，留在牌桌上的門檻更高

鴻朱的退場，被視為台灣虛擬資產產業進入「合規淘汰賽」的又一案例。隨著未來專法與正式許可制度逐步上路，業者將面臨更明確、也更嚴格的資本額、資安與治理要求。能夠留下來的，勢必是具備長期投入能力與風險承擔能力的團隊。

對使用者而言，短期內選擇變少，但監管透明度與安全標準有望提升；對業者而言，牌照只是一場長期耐力賽的起點。

『才剛拿到虛擬資產牌照！鴻朱HzBit公告今日停業，台灣VASP業者剩8家』這篇文章最早發佈於『加密城市』

According to a report by Bloomberg, Elon Musk is evaluating the possibility of integrating his business empire, considering a merger between aerospace giant SpaceX and electric vehicle leader Tesla, or opting for a consolidation of SpaceX with artificial intelligence company xAI. This move reflects Musk's attempt to strengthen his global technological competitiveness through vertical integration, combining space communications, energy storage, and AI computing technologies. Although there is currently no final decision and the companies involved have not officially responded, the newly established legal entity in Nevada has sparked strong expectations for merger activities.

Diving night! Gold, tech stocks, and Bitcoin all dropped.

From last night to this morning (1/30), global financial markets encountered turbulence, with tech stocks, gold, and cryptocurrencies all falling simultaneously.

Affected by disappointing earnings reports from tech giants like Microsoft, the Nasdaq index in the U.S. plummeted over 2%, dragging Bitcoin below $84,000, hitting the lowest point since November last year.

Due to Microsoft's single-day plunge of over 12%, the largest drop since March 2020, market risk appetite rapidly deteriorated. The total market value of cryptocurrencies evaporated by about 7% in just 24 hours, sliding from $3.1 trillion to $2.79 trillion.

The Senate Agriculture Committee strongly advances the bill, with party differences causing a stalemate.

The U.S. cryptocurrency regulatory framework has made significant strides in the legislative process. The Senate Agriculture Committee held discussions on Thursday regarding parts of the Digital Asset Market Structure Bill, also known as the CLARITY Act. Ultimately, it passed the draft text under the full support of Republicans with a vote of 12 to 11, and it was officially submitted to the full Senate.

This bill mainly aims to clarify the Commodity Futures Trading Commission's (CFTC) regulatory authority over the cryptocurrency industry and digital commodities. Although the bill successfully passed, the voting strictly followed party lines, with no Democratic members casting votes in favor, highlighting the significant divide between the two parties on regulatory details.

Amazon lays off 16,000 people, totaling 30,000 layoffs over six months.

Amazon has confirmed it will cut about 16,000 administrative and corporate positions, marking the second wave of large-scale personnel reductions since last October.

If we calculate the two rounds of layoffs in the past six months, Amazon has cut approximately 30,000 positions. Although this is only a small portion of the 1.58 million employees worldwide, according to analysis by Reuters, this round of layoffs is mainly focused on the corporate side, accounting for about 10% of its administrative and technical workforce, making it the largest in the company's 30-year history.

Beth Galetti, Amazon's Senior Vice President of Human Resources, revealed that the layoffs are intended to strengthen the organization's structure, with specific strategies including reducing management levels, increasing accountability, and eliminating bureaucracy.

(Fearless of Bulls and Bears: The Survival Rules of Cryptocurrency) This article has garnered 2.33 million views on Twitter. The author, Pickle Cat, bought his first Bitcoin in 2013 and has since gone through multiple cycles. He candidly states that in this circle, the definition of 'winning' has never been about how much money you make. Everyone who has come into contact with this circle has at least made money once, no matter how inexperienced they are or how small their capital is; they can all become a temporary genius.

'Winning' means you have made money and, years later, can still hold onto that money. This is not a competition about who earns the most or who doubles their money the fastest, but rather who can survive until the end. After 1011, he began to reflect after communicating with several friends who have survived multiple cycles: Why do some people manage to survive in this cyclical bloodbath while others can only return empty-handed? How can one maintain hope during the painful bear market? And what must you do to become the person described above? Additionally, clarify in this article:

Ethereum AI infrastructure: ERC-8004 is about to officially launch on the mainnet

Ethereum announced on January 28, 2026, a secure interaction standard ERC-8004 designed specifically for AI agents. This proposal, first introduced in August 2025, aims to address the challenge of collaboration between different developers and enterprises building AI agents in open environments. ERC-8004 establishes a decentralized and permissionless economic system, enabling AI agents to act as independent economic participants. AI agents can perform various tasks through this standard, ranging from low-risk activities like ordering pizza to high-risk cases such as medical diagnosis.

South Dakota in the United States has once again seen a legislative attempt to include Bitcoin in public sector asset allocation. A state legislator recently proposed a new bill advocating for the state government to invest a portion of public funds in Bitcoin, attempting to reignite the legislative efforts that failed last year.

South Dakota Republican Representative Logan Manhart formally submitted House Bill 1155 on Tuesday, which aims to amend the public investment regulations in South Dakota, authorizing the State Investment Council to allocate up to 10% of qualified state government funds to Bitcoin. Investment methods include direct holding of spot, through compliant custodians, or purchasing regulated ETP products (such as Bitcoin spot ETFs).

Messaging software WhatsApp has recently faced lawsuits in various countries, accusing its 'end-to-end encryption (E2EE)' mechanism of being virtually useless, sparking intense discussions in the privacy and technology fields. With Telegram founder Pavel Durov and Tesla CEO Elon Musk speaking out in succession, the question of 'who is really safe' has once again come to the forefront.

User privacy alarm: Does WhatsApp lack end-to-end encryption?

Bloomberg points out that this lawsuit was filed by several WhatsApp users from Australia, Mexico, and South Africa, who accuse WhatsApp of falsely claiming to have end-to-end encryption, emphasizing that employees at its parent company Meta can easily access any user's chat content through simple internal processes.

Integrating acquisition technology, Ripple Treasury creates a new operating system for corporate finance

Corporate blockchain developer Ripple officially launched the Ripple Treasury platform on January 28, 2026, declaring its entry into the global corporate financial management market, which has a scale of up to 120 trillion dollars. The core of this strategic move lies in integrating the financial management software service provider GTreasury, which the company acquired for 1 billion dollars in October 2025, combining 40 years of enterprise-level professional experience with digital asset infrastructure.

Image source: Ripple Ripple officially announced the Ripple Treasury platform

The buy-and-hold strategy has sparked controversy, with Zhao Changpeng accusing the community of launching a coordinated attack.

Yesterday (1/28), Binance founder Zhao Changpeng (CZ) publicly responded to the surge of negative comments on the X platform, characterizing this public opinion storm as a 'Coordinated Attack'.

Image source: X/@cz_binance founder Zhao Changpeng publicly stated that he is facing a 'Coordinated Attack'.

The trigger for this dispute can be traced back to January 25, when Zhao Changpeng shared his personal trading insights, pointing out that in his years of observation, very few trading strategies can defeat the 'Buy and Hold' method, which he also noted is his personal preference. Although he later added that this does not constitute financial advice, the statement quickly ignited fierce criticism from numerous accounts in the crypto community (CT).

Standard Chartered has released a new report warning that as stablecoins become more prevalent, the traditional banking system is facing severe structural challenges. It is estimated that by the end of 2028, up to $500 billion in deposits could escape U.S. banks in favor of stablecoins.

Geoffrey Kendrick, the Global Head of Digital Assets Research at Standard Chartered, stated that as payments and core banking accelerate towards blockchain-based alternatives, the risk profile is becoming increasingly clear. He specifically pointed out that the current deadlock in Congress regarding the Digital Asset Market Clarity Act is a microcosm of the struggle between old and new financial forces. He noted, "This issue has already put major banks and Coinbase at odds with each other."

Forbes revealed that OpenAI plans to launch a community platform only for real users.

According to (Forbes) reports, insiders have disclosed that OpenAI is discreetly developing a brand new community platform and considering the introduction of biometric technology to ensure that users are all 'real people' rather than robots.

Insiders have pointed out that OpenAI's community project is still in the very early stages of development, managed by a team of fewer than 10 people.

It is understood that this development team is evaluating the requirement for users to provide proof of personhood through Apple's Face ID or the World (formerly Worldcoin) iris scanning device 'Orb', which is operated by Tools for Humanity, a company co-founded by OpenAI CEO Sam Altman.

Fidelity Digital Dollar is expected to go live in early February, marking its first foray into native stablecoin issuance.

Global asset management giant Fidelity Investments officially announced on January 28, 2026, that it will launch a stablecoin named 'Fidelity Digital Dollar' in the coming weeks, with the code $FIDD. The token will be issued by its federally regulated subsidiary, Fidelity Digital Assets National Association (FDA, NA).

$FIDD targets individual investors and institutional entities, planning to officially launch on the Ethereum mainnet in early February. This traditional financial institution, managing assets worth $6 trillion, is taking an important step in the digital asset industry, becoming one of the first traditional financial institutions to issue its own digital dollar. Mike O’Reilly, president of Fidelity Digital Assets, pointed out that this product will provide instant and around-the-clock settlement services, along with low-cost asset management benefits.

The Federal Reserve keeps interest rates unchanged, and Bitcoin reacts lukewarmly

The Federal Reserve (Fed) announced at 1:00 AM Taiwan time on Thursday (1/29) that it would maintain interest rates unchanged, fully in line with market expectations, but the cryptocurrency market reacted tepidly.

The Federal Reserve stated in its post-meeting statement that U.S. economic activity continues to expand at a robust pace, but inflation levels remain slightly elevated, and the economic outlook is still fraught with high uncertainty. Therefore, it will continue to strive to achieve its dual mandate of maximum employment and a 2% inflation rate.

However, this decision did not receive unanimous approval from all members. Board members Stephen Miran and Christopher Waller cast dissenting votes, preferring to support a rate cut of 1 basis point (25 basis points), while the remaining members voted to maintain interest rates unchanged.

The White House urgently convenes financial leaders to push for the restart of negotiations on the stalled legislation.

According to a report by Reuters, the White House plans to convene high-level executives from the traditional banking industry and the cryptocurrency sector for an emergency meeting on Monday, February 2, 2026. The core objective of this meeting is to break the legislative deadlock on the U.S. Digital Asset Market Structure Act, known as the CLARITY Act. Since its passage in the House of Representatives in July 2025, progress in the Senate has stalled for months, mainly due to serious disagreements between traditional financial institutions and emerging crypto companies over the distribution of interest on stablecoins.

Investors have seen Honnold before; he was once a spokesperson for TradingView.

American free climber Alex Honnold climbed Taipei 101 without ropes on January 25, taking 1 hour and 31 minutes to reach the summit, witnessed live on Netflix, sparking discussions in Taiwan and the international community.

In addition to marveling at his physical abilities, keen-eyed netizens on the social platform Threads pointed out that many investors have actually seen Honnold before because he was a well-known spokesperson for the market analysis software TradingView. Many netizens commented, 'No wonder he looks familiar,' 'I see him every day while checking the market,' and joked, 'The advertising fees he receives probably cover my subscription fee for the year.'

Tether holds nearly 140 tons of gold reserves, comparable in scale to a national central bank.

The world's largest stablecoin issuer Tether is actively transforming, positioning itself to become a key player in gold.

Tether CEO Paolo Ardoino revealed yesterday to Bloomberg that the company's current gold holdings are close to 140 tons, which, at the current price of over $5,200 per ounce, has a total value of approximately $23.3 billion.

Ardoino claims that this massive gold reserve is stored in a nuclear bunker built during the Cold War in Switzerland, which is extremely secure. With geopolitical rivals potentially launching gold-backed currencies to challenge the dollar's status, he expects Tether to become one of the world's largest gold central banks in the post-dollar era.