Uniswap founder: Still bullish on ETH and considering ETH from a long-term perspective
Uniswap founder Hayden Adams posted on social media saying, "I find it interesting that people on Twitter complain about the ethical price. Isn't a market value of $300 billion high enough? Some people think this is an Ethereum scam." Adams is still bullish and considers Ethereum from a long-term perspective. ETH is not a commemorative coin suitable for quick flipping. There is a lot of work in progress that will generate income for future Ethereum.
Price drops are part of the free market
Zhao Changpeng, the founder of Binance, posted on social media that market downturns are part of a free market. CZ pointed out that if one feels pressure from market fluctuations, they may consider reducing their investment size (assuming they view cryptocurrency as an investment). He stated that this is not financial advice and mentioned that for him, cryptocurrency represents a shift in worldview, as he left the traditional world 11 years ago.
500,000 SOL transferred from Bybit to an unknown wallet, worth about $64.426 million
According to Whale Alert monitoring, about 500,000 SOL coins (worth about $64.426 million) were transferred from Bybit exchange to an unknown wallet at 15:09.
Polkadot's Web3 Foundation announces funding for on-chain cross-border payment project Satoshipay
Web3 Foundation under Polkadot announced funding for the on-chain cross-border payment project Satoshipay to support its development of the fiat/crypto gateway service Vortex based on the Polkadot chain. The Web3 Foundation has not disclosed the amount of funding, but Satoshipay revealed that it has raised approximately $850,000, with investors including Blue Star Capital and angel investors such as Alexander Wilke.
Upbit will change the minimum price fluctuation of USDT/KRW and USDC/KRW markets
According to the official announcement, Upbit will change the minimum price change of the USDT/KRW and USDC/KRW markets.
Japan's cabinet meeting finalized the first AI bill, focusing on preventing and controlling the risk of abuse
Japanese government finalized a new law on artificial intelligence (AI) at a cabinet meeting on the 28th. The core content is for the government to investigate the risks of AI in accordance with the law, and to take measures such as providing guidance and advice to relevant companies. The law also stipulates that companies have an obligation to cooperate with national policies. This is the first time Japan has enacted a specific law for AI, aimed at alleviating strong concerns about the misuse of generative AI and promoting the development of enterprises and the use of AI by the public. The law also proposes that if AI leads to damage to the rights of the people, the names of the relevant companies will be made public to strengthen deterrence against human rights violations.
Mirana Ventures bought $46.25 million of ETH and transferred it to Bybit
According to monitoring, Mirana Ventures recharged 50 million USDT to Falconx 6 hours ago, and then withdrew 21,667 ETH at an average price of about $2134 4 hours ago, worth about $46.25 million. Currently, this fund has been transferred to the Bybit exchange.
DeFi Oracle RedStone Oracles has been integrated into World Chain
DeFi oracle RedStone Oracles announced that it has been integrated into World Chain. BlockBeats previously reported that on October 18, 2024, Sam Altman-backed Worldcoin officially changed its name to World Network (abbreviated as World), and its Layer2 network World Chain mainnet has been launched, with the blockchain built using OP Stack.
A new wallet withdrew about 96,000 SOL from Binance and pledged all of them to Jito
According to Spot On Chain monitoring, a newly created wallet address withdrew 96,128 SOL tokens from Binance at a price of $128.6 each (worth approximately $12.37 million) and staked them all in Jito. It is worth noting that this address is related to another whale address, which sold a batch of SOL tokens at a higher price of $140.8 about 3 days ago. These SOL tokens made a profit of $4.58 million after being staked for one year (yielding 51%).
Megabit will launch GPS/USDT 1-75x perpetual contract trading on February 28
February 28th news, according to official sources, Megabit will officially launch the GPS/USDT perpetual contract trading with leverage of 1-75 times at 18:00 on February 28th (SGT).
Stripe: Stablecoins are one of the most innovative areas of the “Internet economy”
Payment company Stripe's total transaction volume in 2024 will reach $1.4 trillion, the company said in its annual letter released on Thursday, stablecoins are one of the most innovative areas of the "Internet economy."
CryptoQuant CEO: Bitcoin bull market is not over yet, we should pay attention to future funding sources
According to CryptoQuant CEO Ki Young Ju's analysis, the trading volume of Bitcoin spot near $100,000 is highly active, and the current market is in a distribution stage, and the price trend depends on whether new liquidity is exhausted.
626.63 WETH were liquidated from a certain address, worth about $1.32 million
According to Pai Dun monitoring, the address "0xde56...3a91" was liquidated on-chain 11 minutes ago, with a liquidation scale of 626.63 WETH, worth approximately $1.32 million.
59,000 BTC and 529,000 ETH options will expire today, with a total notional value of $5.78 billion
According to Greeks.live data, there will be 59,000 BTC and 529,000 ETH options expiring today, with a total nominal value of $5.78 billion.
Data: ETH may face a large on-chain liquidation of approximately $127.3 million at $1919.49
According to DefiLlama data, ETH at $1919.49, or facing approximately $127.3 million in large on-chain liquidation.
Bitdeer increased its holdings by 50 BTC at an average price of $81,475
Bitdeer posted on X platform, stating that today it increased its holdings by 50 BTC at an average price of $81,475, bringing the total holdings to 1011 BTC.
ANZ: Fed likely to cut rates further even if tariffs stoke inflation
The Trump administration has confirmed that tariffs on imported goods from Mexico and Canada will take effect on March 4, and reciprocal tariffs will take effect on April 2.
Four.Meme responds to unusual fund movements: internal financial adjustments are underway and an announcement will be made soon
According to the official statement of Four.Meme, the platform is undergoing internal financial settlement processes and will soon release an official announcement. Previously, the FourAi team had warned of security vulnerabilities in Four.Meme, with hackers suspected of stealing over 4800 BNB, but Four.Meme denied this claim, stating it was an internal fund adjustment.
874.94 WETH were liquidated from a certain address, equivalent to about 1.84 million US dollars
According to PeckShield monitoring, an address (0x2a00...c30e) was liquidated 874.94 WETH (worth $1.84 million) when WETH fell below $2,100.
OpenAI's video generation model Sora is now available in the EU and the UK
February 28th news, according to OpenAI announcement, Sora is now open to Plus and Pro users in the European Union, United Kingdom, Switzerland, Norway, Liechtenstein, and Iceland, users can experience the functionality of this video generation model in these regions.