GuShiio.com The US SEC announced the establishment of a cyber and emerging technology division to protect retail investors, involving combating crypto-asset fraud;CoinList will launch Obol token sales on February 25;Story will release its latest roadmap; Hong Kong will promote the use of tokenization technology in the capital market.
Today’s top news tips:
1. The U.S. SEC announced the establishment of a cyber and emerging technology division to protect retail investors, involving combating crypto-asset fraud
2. Canary Fund’s “Litecoin ETF” has been added to the DTCC website
3. Grayscale’s XRP ETF has been released to the Federal Register, and the US SEC needs to make a decision by October 18
4. Hong Kong will promote capital markets to utilize tokenization technology
5. Kaito AI released KAITO token economics: total supply of 1 billion coins, foundations account for 10%
6. Story releases its latest roadmap: Plans Q2 to launch new features such as IP portals and certification services
7. Argentina’s Senate asks government to provide report on LIBRA token scandal
8. CoinList will launch Obol token sales on February 25
9. PAIN pre-sale list No. 1 whale has not yet sold tokens, with a floating profit of US$2.39 million
Regulation/macro
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.
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.
Utah’s Bitcoin Reserve Bill enters Senate’s second review
Legislation allowing Utah to invest in Bitcoin has been passed by a state Senate subcommittee. The HB230 “Blockchain and Digital Innovation Amendment” bill passed the Utah Revenue and Taxation Subcommittee on February 20 on a 4-2-1 vote and is currently undergoing second and third readings before going to the Senate’s final vote. The Bitcoin Reserve Act has been passed in the House, so if it is approved by the Senate, Utah Republican Governor Spencer Cox will only have to sign the bill and Bitcoin will become a national reserve asset.
Hong Kong will promote capital markets to utilize tokenization technology
According to Hong Kong media Ming Pao, Wong Wai-lun, Deputy Financial Secretary of Hong Kong, said that the Hong Kong government will further improve the supervision and framework of virtual assets, continue to promote the wider application of tokenization technology in the capital market, improve relevant system development and formulate industry standards. In addition, Hong Kong is active and proactive in developing financial technology. For example, in October last year, it issued the “Policy Declaration on the Responsible Application of Artificial Intelligence in Financial Markets”, and in December last year, it supervised issuers of legal currency stablecoins and submitted the “stablecoins Bill”.
AI
OpenAI GPT-4.5 is expected to be available as soon as next week, and GPT-5 may be released in late May
According to The Verge, Microsoft is preparing for the latest model of OpenAI. It is expected that GPT-4.5 will be available as soon as next week. Microsoft expects GPT-5 to be released in late May. The updated GPT-5 will make major improvements to the way ChatGPT is used, unifying OpenAI’s o-series and GPT series models, and reducing user confusion in selecting a model.
DeepSeek will open source 5 codebases next week
DeepSeek announced today that it will source 5 codebases in the coming week, and new content will be unlocked every day to further share new progress.
DeepSeek introduced that the modules of current online services have been tested and fully deployed, and can be put into production environments. The company defines itself as a small company and also said that every sharing becomes a powerful potential energy that accelerates the industry’s development journey. He said that there is no high-flying ivory tower in this field, only pure garage entrepreneurship and the innovative power of community building.
OpenAI launches artificial intelligence broker Operator in several regions
According to Jin Shi, OpenAI said on Friday that it is launching the so-called artificial intelligence broker “Operator” to ChatGPT Pro users in Australia, Brazil, Canada, India, Japan, Singapore, South Korea, the United Kingdom and other places, which can perform tasks on their behalf. OpenAI said Operator will provide services in most regions that support ChatGPT in addition to the European Union, Switzerland, Norway, Liechtenstein and Iceland. Launched in the United States in January this year,”Operator” is one of several “artificial intelligence brokerage” tools on the market that can accept instructions to do things, such as booking tickets, booking restaurants, submitting expense reports or making purchases on e-commerce sites.
project dynamics
Kaito AI released KAITO token economics: total supply of 1 billion coins, foundations account for 10%
Kaito AI released KAITO token economics, with a total supply of 1 billion coins, including:
- 25%-core contributors;
- 32.2%-ecological and network growth;
- 2%-Binance holders;
- 10%-initial community and ecosystem claims;
- 7.5%-Long-term creator incentives;
- 5%-liquidity incentives;
- 8.3%-early supporters;
- 10%-Foundation.
Deribit is evaluating the takeover offer, which could be valued at $4 billion to $5 billion
According to Coindesk, cryptocurrency options exchange Deribit is working with FT Partners to evaluate the takeover offer, and Bloomberg disclosed that the company’s valuation could reach US$4 billion to US$5 billion or even higher. Deribit currently declined to comment on relevant information.
Wintermute, one of the KAITO market makers, received 1.2 million tokens from a multi-signed address 3 hours ago
According to monitoring by@ai_9684xtpa, Wintermute is one of the market makers of the new coin KAITO. Three hours ago, Wintermute received 1.2 million KAITO (accounting for 0.5% of the initial circulation) from the multi-signed address of the project party. Currently, 400,000 KAITO have been charged into CEX.
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).
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.
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.
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.
Story releases its latest roadmap: plans to launch new features such as IP portal and certification services in Q2
L1 Intellectual Property Blockchain Story Release Roadmap, there will be two major technology releases in 2025:
Late Q1/Early Q2: An IP portal will be launched, which is Story’s home page, allowing users to seamlessly register IPs and browse IPs registered in any app on Story. An attestation service will also be launched, a decentralized oracle network that can link IP verification signals (creator identity, infringement detection, etc.).
The network will be fully upgraded in the third quarter, and L1 will be enhanced in three dimensions:
- Performance: Faster transactions, higher throughput, more validators
- Products: IPKit Frontend SDK, large file storage, etc.
- Governance: Decentralized, transparent, and frictionless upgrades
Musk changes his X account avatar, and “The Doge Father” appears in the background
Musk changed his X account avatar to a picture holding a “golden chainsaw” with “The Doge Father” appearing in the background. It is reported that the “golden chainsaw” was donated to Argentine President Millay.
Kaito AI founder: KAITO pledge rewards have been launched and more practical information will be released soon
Yu Hu, founder of AI-based cryptographic search engine Kaito AI, issued a document on the X platform saying that KAITO pledge rewards have been launched. Currently, about 10% of the tokens have been pledged, with an annualized rate of return of 70%. It is expected that this yield will gradually return to normal in the next few days, and locked tokens, including investors/foundations/teams, cannot be pledged. Currently, the source of rewards is liquidity incentives, but starting next week, as network fees increase, this will translate into net consumption, and more practical information on pledges will be released soon.
BNB Chain: Pascal hard fork is planned to be held on the testnet on February 25, and on the main net in mid-March
According to the official announcement of BNB Chain, BNB Smart Chain (BSC) will conduct a Pascal hard fork. The fork is planned to take place on the test network on February 25, 2025, and the main network is planned to take place in mid-March 2025. Pascal hard forks enhance BSC compatibility with Ethereum by integrating key features of the Ethereum Pectra upgrade.
Binance Alpha launches B3, FLUID, VVV, TOKEN, DRIFT, CPOOL
According to the official page, Binance Alpha has added B3, FLUID, VVV, TOKEN, DRIFT, and CPOOL.
views
QCP Capital: Options market data has tilted towards bullish, and the macro background is increasingly supporting risky assets
Since Trump took office, altcoins have attracted widespread attention. Several ETF applications related to altcoins have been submitted to the U.S. Securities and Exchange Commission (SEC), including XRP’s ETF application. It is worth noting that Brazilian regulators have approved the world’s first spot XRP ETF. It is unclear whether this will provide a catalyst for Trump’s ambition to position the United States as a global cryptocurrency center and pave the way for further ETFs approval in 2025.
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.
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.
CryptoQuant CEO: The shanzhai season has begun, and transaction volume has become the determining factor in the shanzhai season
CryptoQuant CEO Ki Young Ju tweeted that the copycat season has begun. There is no direct rotation of BTC to altcoins, but stablecoin holders favor altcoins. The trading volume of altcoins is 2.7 times that of BTC. The dominance of BTC no longer determines the shanzhai season, but the volume of transactions does. However, this is a very selective copycat season, DYOR.
important data
PAIN pre-sale list No. 1 whale has not yet sold tokens, with a floating profit of US$2.39 million
According to monitoring by online analyst@ai_9684xtpa, the giant whale on the PAIN pre-sale list has not yet sold any tokens, with a floating profit of US$2.39 million. The whale had invested 20,000 SOL units in pre-sales two weeks ago (4000 units were actually invested after the refund, about US$860,000); after receiving 215,327 PAINs yesterday, it transferred 30,145 units to two new addresses and none of them were sold, which is the current TOP1 address of personal holdings.
A trader bought 6783 $SHADOWs 17 days ago, and the current floating profit is US$1.15 million
According to Lookonchain monitoring, 17 days ago, a trader spent 150300 S tokens (US$70,500) to buy 6783 $SHADOW. These tokens are currently worth approximately US$1.22 million, and the current floating profit reaches US$1.15 million.
The LayerZero Foundation signed multiple addresses and transferred 1 million ZROs worth US$3.06 million to Coinbase
According to ai_9684xtpa monitoring, the LayerZero Foundation transferred 1 million ZROs worth US$3.06 million to Coinbase 7 hours ago. The address currently also holds 77.91 million ZROs with a total value of US$238 million.
A giant whale earns $1.72 million by trading Sonic Eco-DeFi token SHADOW
According to monitoring by lmk.fun (formerly Scopescan), a giant whale has earned US$1.72 million by trading the Sonic Ecological DeFi token SHADOW. Twenty days ago, the giant whale spent US$100,700 to buy 10324 HADOWs, with an average purchase price of US$9.75. Today, 9300 tokens were sold for a total value of US$1.629 million, with an average selling price of US$175. There are still 1000 tokens worth about US$190,000.
