GuShiio.com Argentina’s Senate asked the government to provide a report on the LIBRA token scandal; Binance will launch KAITO 1-75 times U-based perpetual contracts;Coinbase will launch Kaito (KAITO);SBF changed its political stance to support Trump during its first interview in prison, trying to seek pardon.
Binance will launch KAITO 1-75 times U standard perpetual contract
According to the official announcement, Binance Financial Management, one-click coin buying, flash redemption, leverage, and contracts will be launched on KAITO. It is expected that the KAITO 1-75 times U-based perpetual contract will be launched on February 20, 2025 at 21:00 (East Eighth District Time).
In the United States, the number of initial jobless claims in the week ending February 15 was 219,000, and the expected number was 215,000. The previous value was revised to 214,000
According to Jin Shi, the number of initial jobless claims in the United States for the week ending February 15 was 219,000, and the expected number was 215,000. The previous value was revised from 213,000 to 214,000.
Fox reporter: The US SEC is very interested in “pledge” and is expected to issue relevant guidance
According to Fox Business reporter Eleanor Terrett in an article on the X platform, sources revealed that the US SEC is very interested in “pledge” and even asked the industry to provide a memorandum detailing different types of Staking and their benefits. The source expects that in the near future, the US SEC will issue some guidance on Staking because it is a topic they are passionate about.
The US SEC announces the establishment of a cyber and emerging technology division to protect retail investors, involving combating crypto-asset fraud
According to an official announcement, the U.S. Securities and Exchange Commission today announced the establishment of the Cyberspace and Emerging Technologies Division (CETU) to focus on combating cyber-related misconduct and protecting retail investors from bad actors in the emerging technology sector. CETU, led by Laura D Allaird, replaces the Cryptographic Assets and Networks Division and is made up of about 30 fraud experts and lawyers from multiple SEC offices.
Specifically, CETU will leverage its employees ‘extensive financial technology and cyber-related experience to combat securities trading related misconduct in the following priority areas:
- Fraud committed using emerging technologies such as artificial intelligence and machine learning
- Use social media, dark networks or fake websites to commit fraud
- Obtaining important non-public information through hackers
- Takeover of retail brokerage accounts
- Fraud involving blockchain technology and crypto-assets
- Compliance of regulated entities with cybersecurity rules and regulations
- Fraud disclosure of cyber security by listed companies
Figure received approval from the US Securities and Exchange Commission to issue its first interest-bearing stablecoin
Fortune reported that Figure received approval from the U.S. Securities and Exchange Commission to issue its first interest-bearing stablecoin, but a spokesperson for the agency did not immediately respond to a request for comment. It is understood that the stablecoin is called YLDS and is developed by digital asset company Figure Markets. It will be pegged to the U.S. dollar and provides users with a yield of 0.5%, similar to cash in a savings account.
Coinbase will launch Kaito (KAITO)
Coinbase announced that it will add support for Kaito (KAITO) on the Base network. Please do not send this asset through other networks, otherwise funds may be lost. If liquidity conditions are met, trading will begin later today. Once the supply of the asset is sufficient, the KAITO-USD trading pair will be launched in stages. In certain supported jurisdictions, support for KAITO may be limited.
Vitalik: Still very optimistic about the contribution and role of Argentina and Latin American markets in the crypto field
Vitalik Buterin said Argentina’s Ethereum community is full of outstanding builders who have contributed some of the most important software to the Ethereum ecosystem. Argentina does have the determination and energy to continue its current momentum and use cryptocurrencies and other new technologies to build a prosperous 21st century society. Recent news should not be seen as a reason to give up, but as an example of how important education is still very optimistic about Argentina and Latin America’s contribution and role in the crypto field.
Crypto exchange Kraken is considering launching stablecoins
According to Bloomberg, people familiar with the matter revealed that Kraken is exploring developing his own stablecoin. The move is due in part to a competition gap created by new European regulations that require crypto service providers to remove Tether’s USDT and other unlicensed tokens. The person said the token will be pegged to the U.S. dollar and issued by Kraken’s Irish branch.
The exchange announced this month that starting from March 31, all non-compliant currencies held on Kraken’s European platform will be converted to “equivalent stablecoins.” If all goes well, the token will not be Kraken’s first foray into the digital dollar space. Late last year, the exchange joined an alliance called the Global Dollar Network, which partnered with Paxos to launch a stablecoin called USDG. Other members, such as Robinhood and Galaxy Digital, are also developing their own stablecoins.
Meanwhile, Crypto.com announced its stablecoin plan in November last year in its 2025 roadmap, with the goal of launching it in the third quarter. In addition, another person familiar with the matter said the exchange plans to launch the token in Europe and last month informed customers Tether would withdraw from trading in the region at the end of March.
SBF changes political stance to support Trump in his first interview in prison, trying to seek pardon
In his first interview at the Metropolitan Detention Center in Brooklyn, New York, FTX founder Sam Bankman-Fried criticized the Biden administration’s “highly damaging” politicization of the judicial system and sought to seek pardon from President Trump. He was sentenced to 25 years in prison for committing one of the largest cryptocurrency scams to date and is currently serving his sentence at the center. Bankman-Fried reiterated claims that FTX is solvent but illiquid, and that law firm Sullivan Cromwell mishandled the bankruptcy process.
Argentina’s Senate asks government to provide report on LIBRA token scandal
According to Tass news agency, the upper house (Senate) of Argentina’s parliament has approved a motion asking the government to provide a report on the $LIBRA cryptocurrency scandal. But a proposal to set up a parliamentary committee to investigate the scandal was rejected. The initiative has the support of 47 senators, but 48 more votes are needed to start the process.
Canary Fund’s “Litecoin ETF” has been added to the DTCC website
Canary Fund’s Litecoin (LTC) ETF has confirmed that it is registered with the American Deposit Insurance Corporation (DTCC) under the symbol LTCC. Previously, the U.S. Securities and Exchange Commission (SEC) announced that it had officially received Canary Fund’s LTC ETF 19b-4 document.
Grayscale’s XRP ETF has been released to the Federal Register, and the US SEC needs to make a decision by October 18
Fox Business reporter Eleanor Terrett tweeted that Grayscale’s XRP ETF (filed in 19b-4) has been officially released to the Federal Register. This means that the U.S. SEC will enter the review stage from now on and approve or reject it on or before October 18.
Bybit CEO: PI project is a scam, Bybit will not list any suspected fraud project
Bybit CEO Ben Zhou tweeted that in 2023, China police issued an official warning about PI, warning the public that this was a scam against the elderly that would leak personal data and lead to the loss of pensions. There were also several other reports questioning the legitimacy of the project. Bybit did not make any listing request to PI, and it is completely nonsense to claim that PI refused Bybit to list or Bybit did not pass some kind of PI KYB. If the PI project was real and legal, it should proactively respond to these doubts, but chose to fabricate lies and carry out baseless childish attacks; individuals still believe that the PI is a scam, and Bybit will not list any suspected fraud projects.
CoinList will launch Obol token sales on February 25
CoinList announced that it will launch Obol token sales at 1:00 (Beijing time) on February 25, a 30% discount compared with the previous round of VC investment. Obol is the foundation of the L1 blockchain and decentralized infrastructure network. Sales details are as follows:
For ordinary users:
- FDV is $125 million
- Token price is US$0.25
- TGE unlocked 33% in the next 6 months, and unlocked linearly in the next 12 months.
For wstETH or weETH holders:
- FDV is $115 million
- Token price is US$0.23
- TGE unlocked 33% in the next 6 months, and unlocked linearly in the next 12 months
- At the same time, users need to hold at least US$20 worth of wstETH or weETH on CoinList between 1:00 on March 4 and 1:00 on March 11 to enjoy the lower price and FDV.
Both options have purchase limits of $100 minimum and $250,000 maximum. After the subscription period ends, users who are not selected for allocation will receive funds in their CoinList wallets before 1:00 on March 13. This public sale does not apply to the United States, China, Canada and certain other jurisdictions.
