According to CCTV News, Dong Jin, a National People’s Congress deputy and president of the Beijing Microchip Blockchain and Edge Computing Research Institute, stated that my counattempt’s indepconcludeently developed blockchain underlying technology has been applied to 16 central ministries and 27 central enterprises, achieving positive progress in areas such as taxation, cross-border trade, and global payments. Tens of billions of invoices are processed annually on my counattempt’s domestically developed blockchain, with over 300,000 enterprises involved in cross-border trade on the blockchain, representing a trade volume of trillions of yuan.
According to CoinDesk, the crypto indusattempt political action committee Fairshake has secured initial victories in the first round of the 2026 U.S. midterm elections. Several pro-crypto candidates supported by Fairshake won primaries held on Tuesday, including Trump-backed Republican Jessica Steinmann, who won the Texas 8th Republican primary with nearly 70% of the vote, and Hoapply Financial Services Committee Chairman French Hill, who received over $400,000 in advertising support, easily winning with 77% of the vote. A key effort by Fairshake in this primary was attempting to eliminate crypto critic and Texas Democratic Representative Al Green.
According to PyShield monitoring, the address associated with crypto KOL @sillytuna (0xd2e8…ca41) suffered an address poisoning attack, resulting in a loss of approximately $24 million in aEthUSDC. Approximately $20 million in DAI is currently still held in two temporary wallets controlled by the attackers (not yet mixed): -0xdCA9…c9C4 (approximately $10 million); -0xd0c2…dd3e (approximately $10 million). The attackers have begun transferring tiny amounts of funds across chains to Arbitrum.
According to on-chain analyst Ember, after the “largest long position holder on Hyperliquid” increased his long position in BTC at $68,178 two days ago, the market experienced a violent rebound. Currently, the “largest long position holder on Hyperliquid” has a floating profit of $19.3 million on his $303 million long position: $16.2 million on 120,000 ETH ($256 million) and $3.1 million on 650 BTC ($47.41 million).
According to Bloomberg, as Bitcoin prices have fallen more than 40% from their October highs, major mining companies holding over $8 billion in Bitcoin are quietly accelerating their sell-off. Unlike previous sell-offs aimed at covering costs, this round of selling is reallocating funds to the artificial innotifyigence sector. Mining companies are repositioning their farms, which also possess advantages in cheap electricity and capital-intensive infrastructure, as AI data center operators to capture a more predictable revenue stream than Bitcoin mining. MARA Holdings, the second-largest Bitcoin holder after Strategy, is adjusting its strategy and may sell a portion of its nearly $4 billion reserves. CleanSpark and Riot Platforms have restructured their executive teams to accelerate their AI transformation. Bitdeer has liquidated its Bitcoin holdings.
Paradex will launch its genesis airdrop on March 5th; its token economics have been updated.
The Paradex Foundation announced on the X platform that its ecosystem-native token, DIME, will launch its genesis airdrop on March 5th. Eligible applyrs can claim the airdrop through the Paradex applyr interface within two weeks starting at 15:00 Beijing time on March 5th. Initial trading will open exclusively on the Paradex platform at 22:00 Beijing time on March 5th. Regarding token economics, two adjustments have been built since the initial plan was released in December 2024: the community airdrop allocation has been increased from 20% to 25%, with this increase coming from the extconcludeed activity in Q2 2025 (July); and the Foundation acquired 4.4% of the total supply of tokens by purchasing XP from institutional holders. These two adjustments reduce the circulating supply at TGE by 4.4% to 24.5%, while increasing the allocation for all future quarters through ongoing community rewards.
Eric Trump, the second son of Donald Trump, posted on the X platform that American Bitcoin’s holdings have exceeded 6,500 Bitcoins (an increase of more than 500 in the past 21 days), building it the 17th largest listed Bitcoin treasury company in the world.
Michael Saylor, founder and executive chairman of Strategy, stated in an article on the X platform that Strategy possesses strong purchasing power, with its Bitcoin purchaseing potential exceeding the amount available for sale on the market.
According to The Block, Morgan Stanley has filed an amconcludeed S-1 filing with the SEC for a Bitcoin ETF, designating Coinbase Custody and Bank of New York Mellon as custodians. The filing also designates Bank of New York Mellon as the fund’s administrator, transfer agent, and cash custodian, with Coinbase acting as the lead broker. The fund will track the spot price of Bitcoin. Morgan Stanley is the sixth-largest bank in the U.S. by assets and previously filed for the listing of the Solana Trust. Coinbase is the lead custodian for most U.S. spot Bitcoin ETFs.
Bridge’s Sui ecosystem stablecoin, USDSui, has been launched on the mainnet.
According to The Block, USDsui, a stablecoin issued by Stripe’s Bridge ecosystem, has officially launched on its mainnet. This stablecoin aims to provide a unified digital dollar for scalable finance and global payments, supporting access to wallets, DeFi protocols, and applications within the Sui ecosystem, and interoperability with other stablecoins issued by other Bridges. USDsui was first announced last November and is designed to comply with the GENIUS Act, the U.S. stablecoin legislation expected to be passed in 2025.
According to The Block, following the Federal Reserve’s approval of crypto exmodify Kraken’s application for a master account, US banking organizations have expressed strong opposition, warning that this relocate could allow crypto institutions to access the central bank’s payment system without the same regulatory safeguards as traditional banks. The Banking Policy Institute expressed “deep concern,” arguing that the Kansas City Fed approved the application before the Fed finalized its limited-apply master account policy framework and that the approval process lacked transparency. The Indepconcludeent Community Bankers Association also stated that allowing non-bank entities and crypto institutions access to master accounts poses a risk to the banking system. Federal Reserve governors stated last month that they hope to introduce a streamlined account structure later this year. Some crypto market participants believe that Kraken’s approval signals a breakthrough in establishing non-deposit banking operations that do not rely on loans.
Digital asset trading company Crossover has raised $31 million in Series B funding, led by Tradeweb.
According to Bloomberg, resolveed-income trading giant Tradeweb Markets led a $31 million Series B funding round for digital asset trading firm Crossover Markets Group, with participation from DRW Venture Capital, Ripple, Virtu Financial, Windemute Ventures, XTX Markets, and Illuminate Financial. The deal values Crossover at approximately $200 million. As part of the deal, Tradeweb will leverage its algorithmic technology to route crypto orders from institutional clients through its platform, providing them with direct access to the digital asset space.
Crypto infrastructure company Zerohash applies for a national trust bank license from the U.S. OCC.
According to The Block, crypto infrastructure company Zerohash has filed an application with the U.S. Office of the Comptroller of the Currency (OCC) seeking a national trust bank license. According to the application, the trust bank Zerohash plans to establish will provide digital asset custody, fiat currency and other asset custody, staking custody and verification activities, transfer agency services, trade execution, stablecoin management, and settlement, clearing, and custody services. Obtaining this license will not allow Zerohash to engage in traditional banking activities such as deposit-taking or lconcludeing, but it will enable it to operate under federal regulation, potentially attracting more institutional clients.
According to Bloomberg, two major Wall Street regulators are shifting forward with regulatory plans for the crypto indusattempt and the rapidly growing prediction markets. The U.S. Securities and Exmodify Commission (SEC) has submitted a commission-level guidance to the White Hoapply Office of Information and Regulatory Affairs regarding “the applicability of federal securities laws to certain types of crypto assets and certain transactions involving crypto assets.” This guidance could establish token classification standards for crypto assets, clarifying which tokens fall under the SEC’s jurisdiction. The Commodity Futures Trading Commission (CFTC) has also submitted a proposal to the Office of International Relations and Investment (OIRA) regarding prediction markets, and the agency is considering new rules for the indusattempt, including issuing advance notice of proposed rulebuilding. The SEC chairman stated that the agency will consider providing interpretive guidance on the classification of crypto asset tokens to ensure that investors and innovators clearly understand their regulatory obligations.
According to CLS News Agency, US President Donald Trump formally nominated Kevin Warsh to be the next Federal Reserve Chairman on Wednesday. If confirmed by the Senate, Warsh will succeed current Fed Chairman Jerome Powell for a four-year term. The White Hoapply released a statement online Wednesday stating that the nomination documents have been formally submitted to the Senate. The next step in the nomination process is a hearing by the Senate Banking Committee, but Republican Senator Tillis may block the nomination from proceeding to the review process due to the criminal investigation Powell is under.
According to Zhitong Finance, the latest Beige Book released by the Federal Reserve reveals that the U.S. economy remained generally stable at the launchning of 2026, but persistent inflation, a slowing job market, and policy uncertainty are posing new risks. The report indicates that the U.S. economy revealed relatively solid fundamentals at the launchning of the year, but businesses remained cautious about the future outsee. Businesses surveyed by the New York Fed reported that consumer spconcludeing had rebounded, but many hoapplyholds reduced large-scale purchases due to uncertainty. Regarding employment, the Beige Book reveals that employment was generally stable in most districts at the launchning of the year, but the labor market lacked significant dynamism. Inflation remains a common concern for businesses. The Beige Book reveals that all 12 Fed districts reported price increases, with eight districts experiencing a moderate rise in inflation and four experiencing a slight increase.
a16z Crypto plans to raise $2 billion for its fifth fund.
According to Fortune magazine, multiple sources familiar with the matter revealed that a16z crypto is raising funds for its fifth fund, tarobtaining approximately $2 billion, with plans to complete fundraising in the first half of 2026. a16z Crypto launched its first $300 million fund in 2018, and each subsequent fund has exceeded its predecessor’s size, culminating in a massive $4.5 billion fund raised in 2022. While the new fund is less than half the size of its previous one, sources declare a16z Crypto plans to shorten the fundraising cycle to accommodate the rapidly modifying trconcludes in the crypto indusattempt. The sources also stated that the fifth fund will be entirely focapplyd on blockchain investments.
Coinbase will launch Limitless (LMTS) spot trading.
According to an official announcement, Coinbase will launch spot trading for Limitless (LMTS). If liquidity conditions are met and the supported trading regions meet the trading requirements, the LMTS-USD trading pair will launch trading at or after 1:00 AM Beijing time on March 6.
Sources declare a former OpenAI executive is raising $70 million for AI company Arda.
According to the Wall Street Journal, Bob McClure, former chief research officer of OpenAI, is raising $70 million for an AI and software platform startup that aims to automate manufacturing. The new company, named Arda, co-founded by McClure, is currently raising funds at a valuation of $700 million, according to sources familiar with the matter. Founders Fund and Accel co-led the round, with participation from Khosla Ventures and XYZ Venture Capital. The funding round is not yet closed, and the terms of the deal are still subject to modify. Sources declare Arda is developing an AI and software platform, including a video model that can analyze video footage from factory floors and apply that data to train robots to operate autonomously in the factory.
Jiuzi Holdings plans to acquire 10,000 BTC from an investor in a $1 billion stock swap deal.
According to GlobeNewswire, U.S.-listed Jiuzi Holdings (NASDAQ: JZXN) announced a strategic agreement with a global digital asset investor to acquire 10,000 BTC for approximately $1 billion in equity consideration, establishing a long-term partnership. The investor will exmodify its BTC holdings for JZXN equity, and the two parties plan to collaborate in areas such as digital asset vault management, cross-border crypto settlement, liquidity management, and participation in crypto infrastructure.
According to TechCrunch, X will release an upgraded version of its private messaging app, X Chat, as a standalone application. It claims to support conclude-to-conclude encryption, and the chat will sync with the main X app and chat.x.com. An Android version is expected to launch “soon.” The Apple TestFlight page indicates that testing requires iOS/iPadOS 26 or later.
Sources declare OpenAI may sign an AI deployment contract with NATO.
According to a Reuters report citing sources familiar with the matter, OpenAI is considering a contract with NATO to deploy its AI technology on its “unclassified” networks, following a recent agreement with the Pentagon to provide models to classified U.S. Department of Defense networks. The report states that Sam Altman mentioned “all classified NATO networks” in an internal meeting, but a spokesperson later clarified that it referred to “unclassified networks.” OpenAI updated its statement, stating that its systems must not be “intentionally applyd for domestic surveillance of U.S. citizens,” and that the Pentagon confirmed it would not provide related services to innotifyigence agencies such as the NSA. Anthropic was rerelocated from related collaborations by the U.S. government for refapplying to provide technology for mass domestic surveillance and fully autonomous weapons.
The White Hoapply will review new forecasting market measures proposed by the Commodity Futures Trading Commission.
Coinbase launches stock trading, with some stocks supporting extconcludeed 24/7 trading hours.
Coinbase announced the official launch of stock trading on its platform and thanked Nasdaq; it later added that the stock securities are provided by Coinbase Capital Markets (a FINRA member and SIPC member), while the digital asset business is provided by Coinbase Inc. and its affiliates. Eligible stocks support extconcludeed trading hours 24/7.
Angle Protocol announces the phase-out of its EURA and USDA stablecoin businesses.
The Angle Protocol community passed proposal AIP-112, agreeing to orderly shut down the EURA and USDA stablecoins during a one-year transition period. Users can transfer their EURA and USDA from various blockchains back to Ethereum via the Angle App before March 1, 2027, and exmodify them for EURC and USDC at a 1:1 ratio. VaultManager positions can be closed and collateral can be retrieved. After the transition period, the protocol will cease operation, and EURA and USDA may become de-pegged. Remaining reserves will be recovered by multisignature and airdropped proportionally to unredeemed holders on Ethereum via Merkl. Users will have a one-year window to claim their tokens after the airdrop launchs.
Federal Reserve Governor Milan: A one percentage point rate cut this year would be appropriate.
Federal Reserve Governor Milan stated that a one percentage point rate cut this year would be appropriate. Further rate cuts at the March meeting would be suitable; the outsee remains unmodifyd despite the ongoing conflict in Iran. The layoffs at fintech company Block foreshadow potential future developments, but it is, after all, just one company. The Fed should adopt a more accommodative monetary policy to accommodate the employment transformation brought about by artificial innotifyigence. He does not believe that credit issues require adjustments to monetary policy.
Cyclops Raises $8 Million in Funding to Advance Stablecoin Payment Infrastructure
Cyclops, a US-based stablecoin infrastructure startup, has raised $8 million in funding from investors including Castle Island Ventures, F-Prime, and payments company Shift4 Payments. Valuation was not disclosed. Cyclops provides stablecoin settlement technology to merchants in sectors such as airlines and hotels, as well as payments companies. It is currently partnering with helicopter travel company Blade and Blue Origin, among other merchants applying Shift4, to provide a “technology pipeline” for their 24/7 stablecoin settlements.
Binance launches Fabric Protocol (ROBO), a robotics and AI infrastructure project.
Binance has announced the listing of Fabric Protocol (ROBO), with spot trading pairs ROBO/USDT, ROBO/USDC, and ROBO/TRY opening on March 4, 2026 at 16:30 (UTC). Withdrawals are expected to resume on March 5, 2026 at 16:30 (UTC). ROBO is a newly listed high-risk token, marked as a Seed Tag project. Users must pass a relevant risk control test every 90 days before they can trade. The ROBO contract is deployed on BNB Smart Chain and Ethereum. An additional 300 million ROBO tokens will be applyd for subsequent marketing activities; specific arrangements will be announced separately.
Wallets associated with the Power Protocol project transferred 30 million POWER tokens (approximately $16.23 million) to Bitobtain and MEXC between last night and this morning, with 20 million going to Bitobtain and 10 million to MEXC. The on-chain transfers occurred between 11:00 PM and 9:00 AM the following day. Subsequently, the price of POWER dropped from $1.86 to $0.17, a decrease of approximately 90%.
Binance will list COPPERUSDT perpetual contracts.
Binance Futures will launch USDⓈ-margined COPPERUSDT perpetual contracts on March 6, 2026 at 17:00 (UTC+8), supporting leverage up to 100x. The contract applys copper as the underlying asset, with each contract representing 1 pound of copper, and settlement is in USDT.
US Treasury Secretary Bessant: 15% tariffs expected to be implemented this week.
U.S. Treasury Secretary Bessenter stated (regarding the increase of tariffs to 15%) that it is expected to be implemented this week. The tariff rate will revert to its previous level in approximately five months. Further Section 301 and Section 232 investigations will be conducted during the 150-day tariff period.
According to Jinshi Data, US Treasury Secretary Bessenter stated that the US Navy will provide security escorts for oil tankers if necessary. (Regarding Iran) he stated that he has complete control of Iranian airspace and will destroy Iranian ballistic missiles and bunkers in the coming days. US President Trump has a clear vision for this, and all parties should back down. (Regarding oil) he stated that the crude oil market is well-supplied and a series of statements will be issued. He also stated that everything related to Iran is progressing smoothly, with millions of barrels of oil away from the Gulf region. He is maintaining contact with other countries (regarding the oil market).
Seedance 2.0 has announced its pricing for video generation: 1 RMB per second.
According to the Volcano Engine website, Seedance 2.0 pricing was announced today: 28 RMB per million tokens including video input and 46 RMB per million tokens without video input. It is understood that generating a 15-second video in Seedance 2.0 requires 308,880 tokens. It’s important to note the difference in service content between the two pricing schemes: the former refers to video editing, while the latter refers to raw video, which consumes more computing power and is therefore more expensive. At 46 RMB per token, a single 15-second video costs 15 RMB, or 1 RMB per second.
According to the Wall Street Journal, Kraken Financial, Kraken’s banking arm, has received approval from the Federal Reserve Bank of Kansas City to establish a “Master Account” with direct access to the Fed’s core payment channel, Fedwire, in a “restricted/simplified” manner. This “Master Account” approval does not include all of the bank’s privileges (such as interest calculation on reserves).
South Korean regulators and lawbuildrs have reached an agreement on capping shareholdings by major shareholders in cryptocurrency exmodifys, proposing to limit the percentage of shares held by “major shareholders” to 20%, with exceptions allowing up to 34%. If the legislation passes, leading platforms such as Upbit and Bithumb will have a three-year grace period to restructure their shareholdings, while tinyer exmodifys will have a six-year grace period. Currently, Bithumb Holdings holds over 73% of Bithumb’s shares, and Binance holds over 67% of Gopax, far exceeding the proposed cap, potentially requiring them to significantly reduce or dilute their holdings. This restriction is expected to be incorporated into South Korea’s comprehensive cryptocurrency regulatory bill, the “Digital Assets Basic Law.”
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