News

Plume Network, a leading Real World Asset (RWA) platform, has integrated the KRW1 Korean won-pegged stablecoin issued by the custody company BDACS, according to a report by Bijie Network. This move will enable Korean investors to use KRW1 for payments and investments within Plume's ecosystem. Currently, Plume's ecosystem holds over $645 million in RWAs. The integration aims to leverage Korea's advanced tokenized securities regulatory environment, reduce foreign exchange costs for Korean institutions, and pave the way for future expansion into other Asian currencies such as the Japanese yen.

Cango Inc., a bitcoin mining company, is expanding into energy and artificial intelligence computing businesses, according to a report by Bijie.com. The company reported a bitcoin output of 496.35 coins in January 2026, down from 569.0 coins in December. During the month, the company sold 550.03 bitcoins, reducing its holdings to 7,474.6 coins. CEO Paul Yu attributed the decline in production to operational disruptions caused by extreme weather, but also noted that favorable network difficulty adjustments helped mitigate the impact. The company plans to selectively sell bitcoin to fund the expansion of its inference platform and other growth initiatives.

BlockBeats News, February 3, as the latest data shows increased resilience in the US economy, US Treasury yields are rising. Konstantinos Chrysikos from Kudotrade stated in a report that the ISM Manufacturing PMI released on Monday "brought a clear upside surprise." He pointed out that although employment and inventories remain in contraction territory, the rebound in the employment sub-index suggests that the drag of the labor force on the economy may be easing. "Overall, these data reinforce the narrative that US economic growth remains resilient." According to Tradeweb data, the yield on the US two-year Treasury rose by 1.4 basis points to 3.582%; the yield on the 10-year Treasury rose by 1 basis point to 4.286% (Golden Ten Data)