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Pump.fun buys Vyper to boost Terminal trading automation as memecoin valuations and revenues slide
Pump.fun completed its acquisition of crypto trading service Vyper last week, integrating its automation tools into the company's Terminal platform while Vyper winds down most operations on February 10, 2026. The move follows Pump.fun's October 24 purchase of Padre and comes as total memecoin market value has fallen from over $100 billion in December 2024 to about $28 billion, with the platform's monthly revenue dropping from more than $137 million in January 2025 to roughly $31 million by January 2026. Despite the downturn, around 30,000 new tokens were launched on February 2, 2026, underscoring ongoing demand for trading automation and multi-chain tools.
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Vietnam MoF drafts 0.1% levy and VND 10 trillion capital floor for crypto exchanges
Vietnam's Ministry of Finance has unveiled a draft regime for digital-asset activity, proposing a 0.1% charge on transfers via licensed platforms and a 20% corporate income tax on domestic profits. A five-year pilot is slated to begin in September 2025 with transactions settled in Vietnamese dong, while exchange operators would face a VND 10 trillion (about $408 million) minimum capital requirement.
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UBS to Gradually Open Crypto Trading and Tokenized Deposits to Individual Clients
On February 4 2026, UBS Group AG CEO Sergio Ermotti said the Swiss bank is preparing infrastructure to enable individual clients to trade cryptocurrencies and to offer tokenized deposit solutions for corporate customers. He emphasized that UBS will follow a fast‑follower strategy and roll out these digital asset services cautiously over the next three to five years amid strict Basel III capital rules on crypto exposure.
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Ethereum L2 teams push back as Vitalik Buterin questions rollups' scaling-first mission
Ethereum co-founder Vitalik Buterin argued on Wednesday that layer-2 networks should not remain focused solely on scaling, noting security gaps and upgrades on the main chain. Leaders from Arbitrum, Base and StarkWare responded with differing views, with Arbitrum defending scaling as central while Base and StarkWare highlighted their moves toward more specialized roles. The debate underscores shifting expectations for L2 rollups as Ethereum's base layer gains higher gas limits and potential native rollup support.
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Rentahuman.ai lets AI agents hire people for real-world tasks, built with Claude-based Ralph loops
In a video shared on X on Monday, Alex from Uma Protocol and Across Protocol unveiled rentahuman.ai, a website where people list hourly rates so AI agents can book them for real-world jobs. The platform, described as a "meatspace layer for AI," reports nearly 26,000 registrations and supports tasks from shopping to attending meetings, while explicitly ruling out the launch of its own token. Alex said the site was developed using "vibe coding" with Claude-based AI agents running in recursive Ralph loops that iteratively generate and fix code.
UMA
UMA+5.53%
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Chinese AI companies deploy new models and 4.5 billion yuan promotions ahead of 2026 Lunar New Year
In the run-up to the 2026 Lunar New Year festivities starting on February 15, Chinese AI firms are rolling out upgraded models such as DeepSeek's V4, Zhipu AI's GLM-5 and MiniMax's M2.2, alongside large-scale user acquisition campaigns. Alibaba plans to spend 3 billion yuan on incentives for its Qwen app, while Tencent and Baidu will allocate 1 billion yuan and 500 million yuan respectively to push their AI services during the extended nine-day holiday.
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