Scam Sniffer 报告称，地址投毒攻击近期造成重大损失，1 月一受害者损失 1220 万美元，12 月类似攻击 损失 5000 万美元。1 月签名钓鱼攻击窃取 627 万美元，受害 4741 人，环比增 207%；两钱包占损失 65%。Web3 Antivirus 指出地址投毒为大额损失常见方式，趋势未减。分析称 Ethereum Fusaka 升级降低 交易成本，助长尘攻击；稳定币尘交易占 Ethereum 交易 11%、活跃地址 26%。Coin Metrics 数据显 示，2025 年 11 月至 2026 年 1 月稳定币余额更新超 2.27 亿次，38% 低于 1 美分，疑尘投毒。 （Cointelegraph） （来源：吴说） ...

1）从"虚拟货币"到"数字资产"：此次监管范围从虚拟货币扩展至虚拟货币 和现实世界资产代币化（RWA）。 2）从"境内禁止"到"跨境监管"：除再次重申境内虚拟货币相关业务活动属 于非法金融活动外，也对此前市场关注的一些问题明确表态：未经同意，境内外 任何单位和个人不得在境外发行挂钩人民币的稳定币；境外单位和个人不得向境 内主体提供 RWA 相关服务，但经业务主管部门依法依规同意，依托特定金融基 础设施开展的相关业务活动除外；未经同意，境内主体及其控制的境外主体不得 在境外发行虚拟货币。 证券研究报告 | 行业点评 | 非银金融 非银金融 报告日期：2026 年 02 月 08 日 中国 RWA 监管框架落地，香港 Web3 产业迎新变局 投资要点 3）从"业务管控"到"生态治理"：堵漏补缺，明确将持续整治"挖矿"活 动，加强经营主体登记和广告管理（禁止名称和经营范围含"稳定币"、 "RWA"等字样）；且在重申投资者风险自担的基础上，新增对"明知或应知" 境外主体非法向境内提供服务仍提供协助的境内单位和个人的责任追究。 ❑ 投资观点：RWA 作为一种可为实体经济融资的方式，此次政策新规通过明确监 管要求和流程， ...

Core Insights - The article discusses the impact of recent market movements and regulatory news on investment strategies, particularly focusing on the technology and AI sectors [1] Market Performance - U.S. stock markets experienced a significant rise, driven by two main factors: the Federal Reserve's reassuring policy signals and a strong rebound in the AI sector, alleviating previous concerns about the AI narrative [1] - The Nasdaq China Financial Index surged by 3.71%, while the A50 Index increased by over 1%, indicating a positive outlook for the A-share market on the following Monday, especially in the AI sector [1] Regulatory Environment - Eight government departments in China have clarified that virtual currency-related activities are illegal financial activities, leading to a comprehensive ban within the country. This will negatively impact sectors related to blockchain, virtual currencies, and Web3 [1] - The crackdown on these speculative sectors is expected to redirect funds towards regulated institutions such as banks, brokerages, and public funds, enhancing the attractiveness of formal channels [1] Gold Market - The People's Bank of China has increased its gold holdings for 15 consecutive months, with foreign exchange reserves reaching a nearly 10-year high, providing long-term support for gold prices [1] Investment Strategy - It is suggested that if the A-share market rises significantly before the Spring Festival, investors should consider reducing positions to lock in profits, given the extended holiday period and potential risks [1] - The recommendation is to adopt a strategy of high selling and low buying within a fluctuating market, especially in light of geopolitical tensions, such as the return of a U.S. aircraft carrier to the Middle East [1]

Core Viewpoint - The recent regulatory documents regarding cryptocurrency in China indicate a tightening of the market, particularly affecting the survival of crypto assets and Web3-related businesses, while also introducing a framework for Real World Asset (RWA) tokenization, albeit with strict conditions [2][3][4]. Regulatory Framework - The documents define the attributes of RWA tokenization, marking a significant regulatory stance on the matter, which has been a topic of extensive discussion in the context of crypto asset regulation in China [3][4]. - The regulatory focus is primarily on preventing illegal financial activities associated with RWA, particularly concerning domestic assets and their tokenization [7][16]. Market Implications - The global landscape for RWA includes various types, with the U.S. market leading in traditional financial asset tokenization, while Hong Kong serves as a platform for qualified investors to access these assets [5][6]. - The regulatory documents emphasize the need for collaboration among various government departments to ensure a unified approach to crypto asset regulation, addressing inconsistencies in legal interpretations across regions [8]. Risk Management - The documents highlight the importance of preventing capital outflow through crypto assets, particularly via stablecoins, and outline measures to track and manage these flows [9]. - There is a clear warning against engaging in activities related to RWA in mainland China without proper regulatory approval, as this could lead to significant legal risks [10][16]. Industry Practices - The documents explicitly prohibit the use of virtual currencies as collateral or in insurance products, indicating a comprehensive approach to regulating crypto-related financial products [10][12]. - The regulatory stance against crypto mining remains firm, with a reiteration of the ban on mining activities and the sale of mining equipment within mainland China [14][15]. Future Directions - The framework allows for the possibility of RWA token issuance outside of China, provided that domestic entities comply with regulatory requirements and obtain necessary approvals [16][17]. - The documents suggest that only large, financially robust companies or established firms may be able to navigate the regulatory landscape to engage in RWA activities, indicating a high barrier to entry for smaller players [18][19].

现在完全不一样了，监管层不犹豫了，态度特别明确，不再纠结"要不要做"，而是专心解决"怎么做"，怎么把合规的虚拟资产业 务，安全纳入现有金融体系。 这里面的转变，藏着三个关键变化，每一个都和咱们老板的布局息息相关，大家一定要记牢、吃透。 第一个变化，监管对象变了，以前只盯着虚拟资产交易平台，看你有没有牌照，现在深入到产业链，盯你具体做什么业务，不看 你是不是区块链公司，只看你做的是不是金融行为。 比如你做交易分销、资产托管，和你做区块链技术服务，监管要求完全不一样，这就是精准定位，避免咱们老板走弯路、踩红 线。 大家好，我是丹丹，一家拥有500+技术的，软件开发公司--新商业模式导师。编辑：DANCE5927 各位企业家、老板朋友们，今天这条内容，专门给咱们想抓新机遇、做长期布局的老板们讲，错过真的可能错失一个时代风口！ 先给大家抛个最直观的数据，香港虚拟资产现货ETF总市值已经冲到9.2亿美元，自推出以来直接暴涨217%，这可不是小波动，是 行业爆发的明确信号！ 最近香港财政事务及库务局和证监会，联合发了一份重磅文件，这绝对不是走个过场的普通通知，是香港Web3彻底定调的标志性 事件。 咱们老板做决策，最看重 ...

Core Insights - Aqua Labs Investments hosted a strategic seminar focused on the future of digital infrastructure and institutional finance in a post-quantum era [1][2] - The event emphasized the alignment of emerging financial technologies with the UAE's economic agenda and the importance of compliant cross-border collaboration [2][3] Group 1: Event Overview - The seminar took place on February 4, 2026, at the Emirates Palace Mandarin Oriental in Abu Dhabi, gathering senior decision-makers from various sectors [1][2] - Participants included representatives from UAE sovereign wealth funds, international investors, and leaders in technology and defense, highlighting the convergence of sovereign capital and digital systems [3] Group 2: Discussion Topics - Key discussions focused on transitioning from experimentation to implementation in digital finance, covering topics such as post-quantum cybersecurity, institutional blockchain infrastructure, and real-world asset tokenization [5][7] - The forum was structured as a working session aimed at developing deployable infrastructure and compliant digital finance initiatives rather than a traditional conference format [5] Group 3: Key Contributions - Bobby Zhou, Founding Partner of Aqua Labs Investments, delivered a keynote on the convergence of capital and secure digital infrastructure, emphasizing the need for evolving security assumptions in digital finance [6][8] - David Carvalho, CEO of Naoris Protocol, presented on post-quantum cybersecurity, and the event featured a partnership announcement with Pilot Singa, a $1 billion fund [6] Group 4: Strategic Focus - The discussions underscored a shift towards regulated financial architecture, with a focus on institutional settlement frameworks and sovereign-grade stablecoin infrastructure [7] - Aqua Labs Investments aims to build regulated infrastructure that enhances liquidity and efficiency while integrating digital finance responsibly within governed market environments [9]

香港首批稳定币牌照即将面世！ 香港金融管理局总裁余伟文近日透露，收到36份稳定币发行人牌照申请并正在评估，将争取于今年3月 发放稳定币牌照，但牌照数量不会太多。 香港稳定币发牌机制大致经历了"政策探索—沙盒验证—立法落地—牌照审批"四个阶段，2022年初开始 探索讨论与筹备，2024年3月开始稳定币发行人"沙盒"计划，2025年8月1日《稳定币条例》正式生效， 进入发牌申请期。 在受访行业专家看来，香港本地银行可能获得首批稳定币牌照。香港金管局在筛选时，核心考虑可能主 要集中在三点：一是必须具备100%的高流动性储备资产，二是需建立独立的第三方托管机制，三是要 有明确且可落地的支付场景。 香港本地银行或首批获牌照 "稳定币监管与发牌工作刚起步，未来国际间或会探讨相关互认安排。"余伟文指出，在评核稳定币牌照 申请时，其中一个关注的重点就是申请机构的风险管理能力。根据香港的监管框架，将来稳定币营运者 若有任何跨境活动，包括在中国内地、新加坡、伦敦、东盟等，均须遵守当地监管规定。境外发行的稳 定币，若要在香港应用（尤其零售领域），需在香港取得牌照，且需满足在港设立办公室、储备资产存 放于香港等条件。 记者了解到，香 ...

以下文章来源于泽平宏观商学 ，作者泽平宏观商学 泽平宏观商学 . 前沿科技企业实战研学 读万卷书行万里路 2025 年 12 月 用心打造最有品质的实战研学。读万卷书，行万里路。把教室搬到世界上最优秀的企业， 请最优秀的企业家和科学家讲课。顺势而为，把握机遇。正心正念，坚持做长期正确的 事！ 我们期待与更多的企业家朋友们携手同行，共赴 2026 实战研学之旅！ 泽 ZEP 平 INGM 宏 ACR 观 O RE 商 SEAR 学 CH 1-6月日程安排 · 2月27日 北京 国内头部智驾科技企业 人形机器人 年研学安 型成 11月4日-11日 洛杉矶、拉斯维加斯、旧金山 斯坦福大学、伯克利大学 3月27日-28日 苏州 追觅科技、魔法原子、灵猴机器人 闭门投研会-2026 Al 的中国力量(一) 3月29日 上海 长三角校友会 4月20日-21日 香港 2026 香港 Web3 嘉年华 复星财富、HashKey、港交所 5月22日-23日 1151 11:47:50 深圳 华为、新凯来、江波龙、莫界科技 闭门投研会—2026 Al 的中国力量(二) 6月26日-27日 贵州 茅台一日无界 品品鲜智能工厂、遵义 ...

Core Viewpoint - The company has entered into a framework agreement with ITC Strategic Holding Limited, a wholly-owned subsidiary of DeXiang Group, to establish a long-term strategic partnership focused on integrating resources and technology in the realms of physical asset supply and digital financial security [1][2] Group 1: Strategic Cooperation Areas - The partnership will explore a business model combining "physical asset supply + digital financial security" through resource integration and technological collaboration [1] - The collaboration will leverage the company's expertise in digital risk management and insurtech, alongside DeXiang Group's operational advantages in global real estate, to develop risk hedging, credit enhancement, and compliance risk management mechanisms for digital assets [1] - The aim is to enhance the stability of asset structures and boost investor confidence, thereby supporting the regulated and high-quality development of the Web3 and digital finance sectors [1] Group 2: Cross-Border Asset Distribution and Digital Insurance Solutions - The partnership will also focus on cross-border asset distribution and digital insurance solutions, utilizing the company's strengths in fintech and digital risk management, combined with DeXiang Group's overseas resources and market networks [2] - This collaboration aims to create a compliant model for cross-border asset distribution and digital insurance solutions, ensuring protection for cross-border assets [2] - The board believes that this agreement aligns with the company's long-term strategic goals and represents a significant step in deepening the application of insurtech, expanding digital risk management scenarios, and broadening the "co-creation and win-win" ecosystem [2]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部 或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 Zhongmiao Holdings (Qingdao) Co., Ltd. 眾淼控股（青島）股份有限公司 （於中華人民共和國註冊成立之股份有限公司） （股份代號：1471) 業務更新 與德祥集團的戰略合作 緒 言 眾 淼 控 股（青 島）股 份 有 限 公 司（「本公司」，連 同 其 附 屬 公 司 統 稱「本集團」）董 事 會 （「董事會」）欣 然 宣 佈，本 公 司 已 與 德 祥 地 產 集 團 有 限 公 司（「德祥地產」，連 同 其 附 屬 公 司 統 稱「德祥集團」）全 資 附 屬 公 司ITC Strategic Holding Limited訂立一份框 架 協 議（「該協議」），以 建 立 長 期 戰 略 合 作 關 係。 根 據 該 協 議，本 集 團 與 德 祥 集 團 將 通 過 資 源 整 合 與 技 術 協 同，共 同 探 索「實 物 資 產供應+數 字 化 金 融 保 障」 ...