GuShiio.com Musk plans to discuss with Trump a $5000 DOGE dividend to each U.S. taxpayer household;Vitalik talks about Ethereum positioning, Rollup expansion, centralized sequencer and future roadmap;Binance.US has resumed US dollar deposit and withdrawal and transaction services, will be gradually opened to all users in the next few days.
Musk plans to discuss with Trump a $5000 DOGE dividend to every U.S. taxpayer family
According to Forbes, Musk said on X (formerly Twitter) that he would consult President Trump about the “DOGE Dividend” plan, which proposes using money saved by the Department of Government Efficiency (DOGE) to provide a $5000 tax refund to every taxpayer family.
The proposal, proposed by investment firm Azoria CEO James Fishback, plans to use 20% of the $2 trillion in DOGE’s targeted savings to subsidize approximately 79 million taxpayer families. As of Monday, DOGE claimed to have saved $55 billion, funded by anti-fraud, contract cancellations, asset sales, government spending cuts, etc. Musk initially responded that “I will confirm with the president,” but later added that the final decision was in Trump’s hands.
Vitalik talks about Ethereum positioning, Rollup expansion, centralized sequencer and future roadmap
According to Vitalik Buterin’s response on warpcast, he believes that Ethereum is both a bitcoin-style decentralized currency and a “world computer”, emphasizing that decentralization and anti-censorship capabilities are at the core of Ethereum’s long-term value.
Regarding Rollup’s expansion route, Vitalik said that Ethereum currently adopts a mixed model of L1+L2, but it still needs to define which transactions are suitable for L1 and which are suitable for L2. He warned that “everything in L2” could weaken ETH’s position as a value store and medium of exchange, while also making it difficult to cope with the need for cross-L2 operations.
Regarding Ethereum 3.0, Vitalik clarified that there is currently no ETH 3.0 concept, but L1 optimizations (improving Gas Limit, Stateless Verification, enhancing cross-L2 interoperability and Blob expansion) are still advancing. He pointed out that the issue of insufficient payment of L1 transaction fees by L2 should not be viewed in the short term, and predicted that as the Blob target is increased from 3 to 128, L2’s contribution to L1 fees may reach 256,000 ETH each year.
Binance.US has resumed US dollar deposit and withdrawal and trading services and will gradually open them to all users in the next few days
According to Binance.US announcement, the platform has resumed U.S. dollar (USD) deposits and withdrawals and transactions on February 19, 2025, and will gradually open it to all eligible users in the next few days.
The restored dollar-related functions include:
· USD Deposit and Withdrawal: Users can deposit or withdraw US dollars through a bank account (ACH) with zero handling fee.
·Buying and selling cryptocurrencies using USD: Supports direct purchase of cryptocurrencies by bank transfer (ACH).
· USD and cryptocurrency swap: You can instantly convert USD and cryptocurrency.
·Restore 10 USD trading pairs: including BTC/USD, XLM/USD, DOGE/USD, SOL/USD, ETH/USD, ADA/USD, HBAR/USD, SHIB/USD, SUI/USD, BNB/USD, and more trading pairs will be added in the future.
·Fixed investment function: Supports automatic purchase of cryptocurrency daily, weekly, fortnightly or monthly.
Due to intensified regulatory review, the exchange stopped the (US dollar) service more than two years ago (February 13, 2023).
Franklin Templeton launches tokenized U.S. Treasury fund to European investors
According to CoinDesk, Franklin Templeton announced the launch of the first fully tokenized U.S. Treasury fund in Luxembourg, providing participation opportunities for European institutional investors.
The fund is based on the Stellar Lumens (XLM) network and has been approved by Luxembourg regulators for use by institutional investors in Austria, France, Germany, Italy, Liechtenstein, the Netherlands, Spain and Switzerland.
Encapsulated asset startup Universal completes $9 million in financing, led by a16z
Universal completed a $9 million round of financing led by a16z. Universal aims to enable all types of crypto assets to be traded on the crypto trading network through deep liquidity, thereby enhancing asset access for developers and end users. Since the release of Universal Protocol, more than $800 million in uAsset has been traded.
Fluent Labs completes $8 million in financing, led by Polychain Capital
Blockchain developer Fluent Labs announced that it has completed an US$8 million financing led by Polychain Capital to build its Ethereum Layer 2 hybrid execution network. The financing also received support from Primitive, dao5, Symbolic Capital and other institutions. Investors include well-known angel investors such as Balaji Srinivasan and Mustafa Al-Bassam. Fluent plans to use the funds to expand its core engineering team and support the infrastructure of its ecosystem and test network.
Fluent aims to help developers seamlessly build applications across multiple blockchain ecosystems by integrating WebAssembly (Wasm), Ethereum Virtual Machine (EVM), and Solana Virtual Machine (SVM) applications into a unified execution environment.
Monad Test Network is now online
Ethereum-compatible Layer 1 public chain Monad announced on the X platform that the testnet is now online.
Pump.fun deposited 65,122 SOL, worth approximately US$10.97 million, with Kraken about 3 hours ago
According to monitoring by Onchain Lens, three hours ago, Pump.fun deposited 65,122 SOL worth US$10.97 million with Kraken. A total of 1,235,043 SOL, worth US$247.52 million, has been transferred so far this year. Overall, Pump.fun has made a profit of 2,930,093 SOL and is currently worth US$495.36 million.
Nigeria sues Binance, seeking US$81.5 billion in economic losses and back taxes
According to Reuters, court documents show that Nigeria has filed a lawsuit seeking to force Binance to pay US$79.5 billion in economic losses because Binance claimed the losses were caused by its operations in Nigeria and paid US$2 billion in taxes. After cryptocurrency websites became the preferred platform for trading local naira currencies, authorities blamed Nigeria’s currency woes on Binance, the world’s largest cryptocurrency exchange, and detained two executives of the company in 2024.
Phemex hackers transfer some funds to currency mixers such as Tornado Cash
According to The block, online data shows that stolen funds caused by the Phemex vulnerability last month are being transferred. The hacker (or more likely a group of hackers) began dividing some of the ill-gotten gains into new addresses and transferring the tokens to Tornado Cash.
According to a report released by Swiss blockchain analytics firm Global Ledger, hackers first moved more than 2,080 ETH (worth approximately US$6 million) to 14 new addresses. Less than 4,000 ETH remaining in the main Ethereum wallet associated with this attack.
Like the initial hack on the Singapore exchange, the transfer appears to be carried out in collaboration by a group of people with extensive experience on the chain, involving multiple jumps and interacting with multiple different protocols and platforms. For example, a newly created wallet received 601.34 ETH in five separate transactions, and then integrated the funds into another new address on the cross-chain token bridge Across Protocol. The funds were further confused when they were sent to a second Across address.
In addition to transferring directly to Tornado Cash and eXch mixers to anonymize funds, hackers sometimes use platforms such as Wintermute, DLN Trade protocol, and THORChain to exchange assets.
Global Legger pointed out that while a small amount of money also flows to platforms such as OKX and CoinEx (which may be cashed out), most money transfers use on-chain tools such as Bitget’s bridging service and ChangeNOW wallet.
Ethereum Foundation launches the Open Intentions Framework to promote cross-chain interoperability
The Ethereum Foundation has announced the launch of the Open Intention Framework, a modular open source framework for building and deploying intent product experiences. Instead of building intent infrastructure from scratch, developers can easily customize and deploy intent-based protocols using a set of modular abstractions, including solvers and composable smart contracts. The framework aims to promote cross-chain interoperability, supporting more than 30 teams to jointly promote, simplifying the process of any chain passing intentions to users, and improving cross-chain user experience. The framework addresses key components such as solutions and billing in a modular manner, providing flexibility and allowing developers to select the most appropriate parts based on needs without relying on a single vendor.
DeepSeek related people refute financing rumors
According to Jin Shi, citing Tencent Technology, in response to foreign media news that “DeepSeek is considering raising external funds for the first time,” DeepSeek related people refuted the rumors and the financing news was all rumors.
Montana’s “Strategic Bitcoin Reserve” bill passed committee review and entered the House vote stage
According to Satoshi Action Fund, the “Strategic Bitcoin Reserve” bill in Montana, USA, was passed in committee deliberations and entered the House vote stage.
Previously, House Bill No. 429 of Montana would authorize the Investment Committee to invest up to US$50 million in precious metals and digital assets and stablecoins with an average market value of more than US$750 billion in the previous calendar year before July 15, 2025. These funds must be held by qualified custodians or through exchange-traded funds.
Coinbase adds tokenbot (CLANKER) to the Bitcoin roadmap
According to an official announcement, Coinbase has added tokenbot (CLANKER) to the topcoin roadmap.
About 86% of traders incurred losses due to LIBRA, with cumulative losses reaching approximately US$251 million
According to Bloomberg, research firm Nansen said that about 86% of traders have lost money after investing in LIBRA, which Argentine President Javier Milei “platform.” The company analyzed the winners and losers of the Libra token in a report that said cumulative losses on the Libra token were estimated at $251 million, while a small number of profitable traders made a total profit of $180 million.
Nansen researcher Nicolai Sondergaard wrote in a report that analyzed more than 15,000 crypto wallets with gains or losses of more than $1,000:”We have seen very solid on-chain evidence that a group of ‘insiders’ unilaterally profited from participating retail investors.”
Trump’s crypto project WLFI bought 200 million WLFIs and approximately 548,000 SEIs
According to Onchain Lens monitoring, the multi-signature wallet created by Trump’s crypto project World Liberty Finance (WLFI) has withdrawn 10 million USDC from Coinbase to purchase 200 million WLFI. They also spent 125,000 USDC on 547,990 SEI at an average price of $0.228.
