On February 1 2026, Justin Sun's alleged ex-girlfriend Ten Ten posted a detailed statement on X accusing him of using 12 employees' identities to open Binance accounts and sell TRX. She listed names, job roles and data types she says document insider trading and a broader system designed to profit from retail traders through paid crypto influencers. Ten Ten also claimed some of these employees were later jailed in China after allegedly helping him cash out.

Story Protocol's token IP fell about 18% over the past 24 hours as derivatives flows turned decisively risk-off. Roughly $17 million exited IP perpetuals and open liquidity slid to $68.93 million, while total liquidations reached about $1.19 million and funding turned negative. Price is tracking a $1.7–$1.0 support band and hovering near the mid-range around $1.4, with the $1 low from February 2025 back in view.

On February 1, 2026 Vitalik Buterin argued that creator coins falter because they chase incentives instead of solving discovery, noting that token rewards inflate noise rather than surface talent. He praised curation-led models such as Substack and advocated for small DAOs that prioritize deliberate selection over speculation.

On 1 February 2026, Zero Knowledge Proof drew attention with a continuous presale model that issues 190 million ZKP tokens every 24 hours and runs a $5 million rewards program. At the same time, Cardano is engaged in governance and regulatory debates, while Uniswap trades around $3.90 after a sharp pullback despite solid on-chain activity. These contrasting approaches highlight how token distribution design, oversight discussions, and DeFi sentiment are shaping investor focus in the current market.

On 24 January, Nietzschean Penguin (PENGUIN) spiked from under $0.01 to a $0.167 all-time high before sliding about 75% to the $0.037–$0.042 area. A wallet "8cgRT" exited with a $92,700 loss after $305,300 in buys as momentum reversed. Fixed 1 billion supply and over 45,000 holders by late January 2026 did not halt the decline.

According to commentary on X, gold's market capitalization jumped by about $2.2 trillion in a single trading session, briefly lifting its valuation far above major crypto assets. That one-day gain was nearly 20 times XRP's roughly $103 billion market cap and even exceeded Bitcoin's value near $1.77 trillion, underscoring how small percentage moves in huge markets translate into outsized dollar changes. Traders argued the headline figures can be misleading, while scenario analysis showed how dramatically XRP and Bitcoin prices would differ if they matched recent percentage moves in gold and silver.

According to Alphractal, total crypto liquidations hit $2.59 billion in the latest sell-off, with Ethereum accounting for $1.16 billion as ETH slid near $2,300. On-chain data showed whales "7 Siblings" and "0xB7" bought a combined $57.44 million in ETH, while MFI hovered around 41 and CMF stayed negative, signaling lingering downside risk.

Step Finance has disclosed that its treasury and fee wallets were compromised, leading to the unstaking and transfer of 261,854 SOL tokens valued at about $30 million. The protocol says it has begun an investigation, alerted authorities, and engaged cybersecurity firms, while stressing that user funds were not impacted. Following the incident, the STEP token price plunged sharply and Solana’s market performance weakened over the past day and week.