GuShiio.com 1. Yuan an takes measures against market makers of misconduct in GPS and SHELL
Yuan an announced that after investigating the misconduct of the GoPlus Security (GPS) market maker, it was found that the market maker was also responsible for the market making of the MyShell (SHELL) project. To protect users, Binance has removed the market maker from its shelves and banned it from conducting further market-making activities on the platform. In addition, Binance has confiscated its related proceeds and plans to compensate users of the GPS and SHELL projects. Animoca told GuShiio.com that he did not participate in the market-making of GPS and SHELL, did not know who the market maker was, and did not get a reply from the project party.
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two。 Texas Senate passes bill to establish bitcoin reserve
The Texas Senate passed Senate Bill 21, which would establish a state reserve of bitcoin. The reserve will hold BTC and cryptocurrency with a market capitalization of at least $500 billion and will be eligible for state budget allocations, with a newly established advisory committee overseeing and guiding its development. At present, the bill still needs to be approved by the House of Representatives and signed by the governor before it can become law.
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3.AI Agents continued to decline, with the market capitalization of the whole sector falling below $5 billion.
AI Agents continued to decline, with the market capitalization of the entire sector falling below $5 billion, falling 5.6 per cent to $4.59 billion in the past 24 hours, with Solana AI Agents falling below $2 billion and Virtual falling below $1 billion. The AI Agents sector has fallen about 77.5 per cent from its historical peak.
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4. FIFA is interested in developing FIFA tokens
Gianni Infantino, president of the International Football Federation (FIFA), said the group might develop its own cryptocurrency tokens. Infantino expressed FIFA’s interest in creating digital tokens to interact with fans around the world when attending President Trump’s White House cryptocurrency summit on March 7. & ldquo; FIFA is very interested in developing FIFA tokens, starting here, from the United States, to conquer 5 billion football fans around the world. & rdquo
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5. Hot items of the week: World Network launches chat, Zora is about to launch tokens, Trump announces the promotion of XRP, SOL and ADA strategic reserves, etc. (0302)
1. World Network launches chat function World Chat link
Sam Altman’s blockchain project World Network launched World Chat, a ldquo; mini app integrated with World App Wallet & rdquo;, iris scan verified World ID holders can enjoy unique features such as blue chat bubbles and exclusive logos. World Chat aims to distinguish between humans and robots in the AI era, with non-authenticated users displaying gray chat bubbles. In addition, World Network announced the launch of the World Build Incubator in partnership with Alchemy, Bain Crypto Capital, Blockchain Capital and Variant Fund, with plans for hackathon, construction camp and Demo Day.
2. Sui announces strategic cooperation with Trump family encryption project WLFI link
The Move language L1 blockchain Sui has announced a strategic partnership with the Trump family encryption project World Liberty Financial (WLFI). Under the agreement, WLFI will include SUI assets in its ldquo;Macro Strategy” strategic token reserve, and the two sides have begun to explore product development opportunities.
3. Avalanche announces a roadmap for 2025, including link such as Etna network upgrade and subnet renaming
Avalanche unveiled a roadmap for 2025 at a recent AMA in Indonesia. Major updates include the Etna network upgrade, the Global Adoption Program Avalanche9000 Campaign, and the renaming of the subnet to Avalanche L1 for increased flexibility.
4. HashKey Chain announces the official launch of its Staking function, link
HashKey Chain announced that its Staking feature was officially launched at 20:00 (UTC+8) on March 3, supporting a 30-day, 90-day, 180-day and 365-day pledge cycle, with an expected annualized return of up to 12%, and additional incentives. Users can now pledge HSK on the platform and enjoy the corresponding benefits on the chain.
5. Elixir launch airdrop qualification check and announce token Economics link
Elixir has opened airdrop queries, and users, community members and some core DeFi users can view the $ELX allocation. In addition, the official simultaneous release of token economics, of which 41 per cent of the total supply will be allocated to communities (8 per cent of first quarter airdrops, 21 per cent of future airdrops / LP awards, 12 per cent of public cyber security awards), 22 per cent to DAO foundations, 15 per cent to investors, 19 per cent to core contributors and 3 per cent to liquidity.
6. RedStone announced the allocation of an additional 2% of RED tokens to compensate missing community members link
RedStone announced that it is making immediate adjustments to the selection process and allocation of RED tokens. RedStone will allocate an additional 2 per cent of the total supply of RED tokens from & ldquo; ecosystem and data provider & rdquo; to recognize community member contributions that were missed in the initial airdrop allocation. This additional airdrop will be open for claim at 23:00 on March 6, 2025. In addition, an additional 4.5% of tokens from the & ldquo; community and Genesis & rdquo; will be distributed six months after TGE (March 6, 2025), the details of which will be announced separately.
7. NFT Market Zora plans to launch token ZORA link
NFT Marketplace and Zora, the social platform on the chain, plan to launch a token ZORA based on the etheric place Layer 2 network Base. Zora said the token, ldquo;, is for entertainment only & rdquo;, does not give the holder the right to govern. The total supply of ZORA is 10 billion, and the allocation scheme includes 26.1 per cent for contributors, 20 per cent for incentives, 20 per cent for vaults, 18.9 per cent for teams, 10 per cent for traceability airdrops and 5 per cent for liquidity maintenance. Zora had previously completed a $50 million financing led by Haun Ventures in May 2022, valuing it at $600m.
According to the @ sealaunch_ data panel, Zora Network has completed 83.738 million transactions with more than 548000 addresses, of which NFT (ERC-721+ERC-1155) is the main transaction; 6420 ETH bridging to Zora;Zora has generated a cumulative profit of 526.7 ETH.
8. Aave proposes an updated version of Aavenomics, which will launch the token repurchase program link.
The Aave community formally put forward an updated version of Aavenomics scheme, introducing & ldquo; Anti-GHO” (Anti-GHO) mechanism, which is a non-transferable ERC20 token linearly generated by AAVE and StkBPT pledgors, which can offset GHO debt or convert into StkGHO at 1:1. The proposal proposes to establish an Aave Finance Committee (AFC) to be responsible for asset management, set Umbrella liquidity targets, and at the same time start AAVE token repurchase, initially repurchase US $1 million per week and allocate it to the ecological reserve, close the LEND transfer contract, and transfer the remaining 320000 AAVE (about US $65 million) to the ecological reserve. The proposal also proposes to use 50 per cent of GHO revenue to generate Anti-GHO, of which 80 per cent is allocated to StkAAVE holders and 20 per cent to StkBPT holders, with an estimated annual generation of 6 million Anti-GHO.
9. The Jito DAO community opens a discussion on the token economic model link
The Jito DAO community opened a discussion about the token economic model, and a community member published a study on whether and how DAO uses its costs. The discussion focused on two options: value incentives (including cost allocation and repurchase) and ecological recovery (agreement-owned liquidity, incentive subsidies and subsidies).
10. Trump: instructs the Presidential working Group to promote the encryption Strategic Reserve link, which includes XRP, SOL and ADA
Us President Donald Trump said his digital assets executive order had instructed the presidential working group to promote encryption strategic reserves, including XRP, SOL and ADA, to support the development of the encryption industry and ensure the US’s leading position in the field.
Alex Xu, a research partner at Mint Ventures, said that SOL, XRP and ADA ran frequently to Sea Lake Manor after Trump took office, and they also provided Trump with a lot of overt sponsorship, such as inauguration fund donations, and so on. There is only a higher probability of private detour of benefits transfer. Trump also returned the favor this time by giving obvious feedback by arranging a ldquo; advertising space & rdquo; within the authority of the president. However, in the long run, ADA, XRP and other projects can be promoted as reserve assets. This absurd practice will only weaken the seriousness of the BTC strategic reserve itself and further reduce the possibility that the BTC Reserve Act will be passed at the federal level. It is one thing to let the working group move forward, and it is another to succeed at the legislative level. The Republican Party’s advantage in the House of Representatives is so weak that it is impossible to pass legislation on SOL ADA XRP and put it into the national reserve. The only possibility is for Trump to set up a national sovereign fund under the direct control of the Ministry of Finance through the executive branch, so that he can buy the above assets directly without passing federal legislation. But how likely is this? How many benefits would SOL, XRP and ADA have to give to the Trump family before the president explicitly ordered them to be bought with taxpayers’ money? Trump’s style is that he likes to make big news with small and broad, low-cost and small means, really spend a lot of effort and break through great resistance, and there is no big return, only high-risk things, he will not put his heart into it.
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