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ChainCatcher News, according to official sources, cross-chain bridge aggregator Relay has announced the completion of a $17 million Series B funding round, led by Archetype and Union Square Ventures. At the same time, Relay announced the launch of Relay Chain.

According to a report by Bijie Network: Merkle Trade, the largest decentralized perpetual futures exchange on the Aptos platform by trading volume, has announced that it will cease operations in the coming weeks after its cumulative trading volume approached $30 billion. New positions will stop opening on February 6, and all remaining positions will be forcefully closed on February 10. Its native token MKL surged 11.5% within 24 hours, but is still down 90% from its peak in December 2024, at which time it will be redeemable without fees. The closure is due to a significant decline in the platform's total value locked (TVL), reflecting the overall weakness of the Aptos ecosystem, whose TVL has dropped by more than 70% from its peak in December 2024.

According to CoinWorld, bitcoin's recent minor rebound has been overshadowed by previous significant declines, indicating that its weak trend continues and there is potential for further drops. The next support level is around $60,000, and it could fall to $50,000. This weakness, combined with the sharp declines in silver and mining stocks, mirrors the stock market trends of 2008, suggesting that if the artificial intelligence bubble bursts, the market could experience a broader downturn. The S&P 500 may face a significant correction, potentially dropping to around 5,500 points.