GuShiio.com CZ released a “crazy idea for token issuance” but said that there was a personal no-token issuance plan;Vitalik said that Ethereum needed a large number of young people with a cypherpunk vision;Suji Yan issued an ultimatum to hackers on the chain that if the funds were not returned within 72 hours, they would escalate enforcement actions;.
Today’s top news tips:
1. Next week’s macro outlook: Non-agricultural farmers, Powell, and Trump compete to steal the show, and the Federal Reserve’s bet on interest rates increases
2. The Ethereum Foundation appoints Hsiao-Wei Wang and Tomasz Stańczak as joint executive directors
3. Suji Yan issued an ultimatum to hackers on the chain, and law enforcement actions will be escalated if the funds are not returned within 72 hours
4. CZ released “Crazy Ideas for Token Issuance” but said that individuals have no token issuance plans
5. Vitalik: Ethereum needs a large number of young people with cypherpunk visions
6. Michael Saylor: Achieve $2.6 billion in Bitcoin gains in the first two months of 2025
7.2 In January, the net outflow of Bitcoin ETF in the United States was approximately 40,000 BTC, and BlackRock hit the largest monthly outflow record.
8. Data: Pump.fun expense income reached US$75.28 million in February, a month-on-month decrease of 38%
Next week’s macro outlook: Non-agricultural farmers, Powell, and Trump compete to steal the show, and the Federal Reserve’s bet on interest rates increases
The dollar held on to a nearly two-week high after U.S. inflation data was in line with expectations on Friday, and the row between Trump and Zelensky also boosted the dollar’s safe-haven appeal. U.S. Treasury bonds hit their strongest start to the year since the COVID-19 crisis in early 2020. The yield on the 10-year Treasury bond, which was close to 4.8% in January, is now close to 4.2%, and the yield on the two-year Treasury bond fell below 4% intraday, for the first time in four months. U.S. stocks almost wiped out gains in 2025, but rebounded sharply on Friday, narrowing their second consecutive week of losses. Here are the key points that the market will focus on in the new week:
At 22:45 on Monday, the US February S & P global manufacturing PMI final value
At 23:00 on Monday, the U.S. February ISM manufacturing PMI and the U.S. January construction expenditure monthly rate
At 21:50 on Tuesday, Musalem, Chairman of the 2025 FOMC Vote Committee and St. Louis Fed, delivered a speech
At 3:20 on Wednesday, FOMC Permanent Vote Committee and New York Fed Chairman Williams delivered a speech at the Bloomberg Investment Forum
At 21:15 on Wednesday, U.S. February ADP jobs
At 22:45 on Wednesday, the final value of the US February S & P global services PMI
At 1:00 on Thursday, the Federal Reserve released the Beige Book of Economic Conditions
At 20:30 on Thursday, the number of job cuts at challenger companies in the United States in February
Thursday 21:30: Initial jobless claims in the United States for the week ending March 1
At 21:30 on Friday, the U.S. adjusted non-farm payrolls, unemployment rate, annual hourly wage and monthly rate in February
At 23:45 on Friday, FOMC Permanent Vote Committee, New York Fed President Williams and Federal Reserve Governor Bowman participated in a report panel discussion of the US Monetary Policy Forum organized by the University of Chicago’s Booth School of Business
U.S. non-farm payrolls data for February will be released on Friday, which may be a key indicator affecting the direction of U.S. interest rates. Economists estimate that the U.S. economy added 133,000 jobs in February, down from 143,000 in January; the unemployment rate is expected to remain unchanged at 4%, while average hourly wages are expected to increase 0.3% month-on-month, down from 0.5% in January. The January PCE report is the last inflation data that Fed officials will have before their next policy meeting on March 18 – 19. After cutting interest rates by 100 basis points for three consecutive meetings at the end of 2024, the Fed is almost certain to keep interest rates stable for its second consecutive meeting this year.
Japan’s Finance Minister: A 110% tax on crypto assets is possible, but not limited to crypto assets
Japanese Finance Minister KATO Katsunobu raised the possibility of imposing a 110% tax rate on crypto assets at a House Budget Committee meeting (inheritance tax + income tax + resident tax =110%), saying that this may indeed exist under current laws and is “not limited to crypto assets” and that the tax rate “only applies to extremely high profits.”
project dynamics
The Ethereum Foundation appoints Hsiao-Wei Wang and Tomasz Stańczak as joint executive directors
The Ethereum Foundation announced the appointment of Hsiao-Wei Wang and Tomasz Stańczak as joint executive directors to continue to support the growing Ethereum ecosystem. The Ethereum Foundation announced that under the leadership of Hsiao-Wei and Tomasz, it will ensure that Ethereum and the ecosystem can grow while ensuring that this growth drives the core values of Ethereum’s existence, such as open source, permission-free global collaboration, privacy and security.
Suji Yan issued an ultimatum to hackers on the chain, and law enforcement actions will be escalated if the funds are not returned within 72 hours
About 18 hours ago, Mask Network founder Suji Yan sent a message to the hacker: “The FBI, Hong Kong police, Interpol and private security personnel are engaged in international cooperation, have identified you and are hunting you, you have been fully exposed, evidence of your behavior is in the hands of us and our law enforcement partners.” You have 72 hours to return the stolen funds or things will become uncontrollable. If the funds are refunded, we are willing to provide a generous reward. After the funds are refunded, we will stop all tracking, destroy the collected data and close the case. If you don’t return it, we will escalate enforcement actions to blacklist your address globally and expose you and any accomplices to legal consequences.”
Yuga Labs: Someone used flash loans to forge bids on the Punks market
Greg Solano, co-founder of Yuga Labs, tweeted that someone was using flash loans to forge bids on the Punks market.
Previously, CryptoPunks Bot tweeted that the new bid price for Punk 5822 is 8,888 ETH (US$19,587,819.67), issued by 0xe62ae5.
views
CZ: Once sold a property for less than $1 million, but it has not affected life after the Bitcoin collapse
In response to the previous disclosure that he had sold a house and resigned to join Bitcoin in 2013, Binance CZ issued an article on the X platform explaining that the house was sold for less than US$1 million at that time. Shortly after purchasing Bitcoin, the price dropped from US$600 to US$200. It lasted for about 18 months, but he was able to withstand the market decline and maintain his original moderate standard of living. Thanks to his income, his lifestyle was not seriously affected.
CZ releases “Crazy Ideas for Token Issuance” but says individuals have no token issuance plans
CZ posted on the X platform saying that there is a crazy idea for token issuance: What if someone issued tokens with the following token economics?
Initially, 10% of the tokens are unlocked and sold on the market, and the proceeds will be used by the project team to develop products/platforms, marketing, compensation, etc. Each future unlock must meet all of the following conditions:
1. Six months after the last unlock.
2. Only if the token price remains at more than twice the previously unlocked price for more than 30 days before the unlock.
3. You can get up to 5% of tokens each time.
For example, if TGE’s price in January is US$1, in June, if the token price is still below US$2, no more tokens will be unlocked. Assuming that the token price is higher than $2 between July 4 and August 3, 5% of the tokens can be unlocked into circulation on August 3. Suppose the price on August 3 is $3. The next earliest unlock time is March 3 next year, and it can only be unlocked if the price exceeds $6 for more than 30 days.
The project team has the right to decide to postpone or reduce the size of each unlock. If they don’t want to sell more, they don’t have to. But they can sell (unlock) up to 5% each time, then they have to wait at least 6 months and the price doubles again. The project team has no right to shorten or increase the size of the next unlock. Tokens will be locked through a smart contract where a third party controls the key. This prevents new tokens from flooding the market when prices are low, and also encourages the project team to carry out long-term construction.
However, CZ emphasized that it had no plans to issue new tokens, but was just an idea for discussion.
CZ: Some projects that adopt new token models may be supported
CZ tweeted to add to the idea of this former token economy model: “Some projects may try this new token economy model, and I may even support some (not all) of them. Just because we adopt this token model does not mean that we will automatically provide support. The token economy model cannot solve all problems, any model can be manipulated, people can sell the top 10% of shares, projects can fail at any stage, etc. For the success of the project, the basics are still needed: products, communities, revenue, etc. The most important thing is that we need trustworthy founders with a sense of mission. The previously conceived new token economy model has some advantages (or at least differences) compared to existing fixed-time unlocks.”
Previously, CZ released “Crazy Ideas for Token Issuance”, but stated that individuals have no token issuance plans.
Musk criticizes Meme coins and calls them similar to a “casino”, warns against investing life savings
Musk severely criticized Meme coins in his latest podcast on Joe Rogan Experience, calling them something similar to a “casino” and warned market participants not to put their life savings into Meme coins. At the same time, Musk also talked about Dogecoin, adding that Dogecoin was originally used as a Meme coin, but it was more like a joke cryptocurrency involving Meme and dogs. Joe Rogan believes that the Meme coin craze is too crazy, especially when people invest real money in it.
Vitalik: Ethereum needs a large number of young people with cypherpunk visions
Vitalik Buterin, co-founder of Ethereum, said: “What Ethereum needs is a large number of young people with the same cypherpunk vision. All the old guys are boring and are now in the next generation.”
Founder of 1confirmation: 4 of the top ten tokens with market value follow the “CryptoVC” script
Nick Tomaino, founder of 1confirmation, posted on the X platform that in the past ten years, the crypto team has raised a large amount of venture capital, and subsequently carried out large-scale token lock-in, small float and vigorous marketing to manipulate prices and FDV and attract retail investors. There is no doubt that there are other insider games, such as paying market makers creating liquidity or just deliberately conducting insider bidding on tokens, but the most basic “crypto VC” script is:
- Raise more than US$100 million and hype the deal with wonderful narratives;
- Launch blockchain;
- Allocate 50%+ tokens to internal personnel;
- Create a total supply of more than 100 million tokens;
- Unlock 20% or less of the total supply when tokens are launched;
- Implement large-scale paid marketing campaigns.
Feel free to comment on the script, but the fact is that it works so well, with 4 of the top 10 tokens in market value executing the script and creating more than $250 billion in value. Looking to the future, the biggest question is whether this model will continue to work. But based on the recent bid up and sell-off of Memecoin, it seems that there is still a long way to go.
Michael Saylor: Achieve $2.6 billion in Bitcoin gains in the first two months of 2025
Michael Saylor, founder of Strategy (formerly MicroStrategy), posted on the X platform that the company achieved bitcoin gains of US$13.1 billion (140,538 BTC) last year and US$2.6 billion (30,702 BTC) in bitcoin gains in the first two months of 2025.
important data
In February, the net outflow of Bitcoin ETF in the United States was approximately 40,000 BTC, and BlackRock hit the largest monthly outflow record.
According to Trader T disclosed data, the net outflow of Bitcoin ETF in the United States in February was approximately 40,000 BTC, worth approximately US$3.546 billion. The market situation in February was as follows:
1. The price of Bitcoin fell from US$102,400 to US$843 million, a drop of about 18%;
2. Almost all Bitcoin ETFs experienced outflows;
3. BlackRock IBIT reduced its holdings of approximately 9740 BTC and currently holds 573136 BTC, with an outflow of approximately US$721 million, setting a record for the largest monthly outflow;
4. Fidelity FBTC outflow was US$1.202 billion;
5. Gray outflow of US$585 million (GBTC outflow of approximately US$404 million, Bitcoin Mini Trust Fund outflow of approximately US$181 million).
NFT trading volume fell 28.93% month-on-month to US$107.1 million in the past seven days
According to CryptoSlam data, total NFT market turnover fell to US$107.1 million, down 28.93% from the previous week. The number of NFT buyers increased by 36.02% to 456,874; the number of NFT sellers increased by 32.81% to 314,871; the number of NFT transactions remained stable, rising 0.86% to 1,566,183.
Ethereum network transaction volume plunged 67.86% to US$25.3 million, although the number of buyers increased 20.27% to 50,056. Bitcoin network sales bucked the trend and rose 16.73% to US$24.3 million, and the number of buyers increased 30.71% to 30,203. Mythos Chain Network fell 4.79% to $14.7 million, but remained in third place. Polygon jumped to fourth place with a turnover of US$14.2 million, an increase of 45.35%. Solana Network ranked fifth with a turnover of US$12.1 million, an increase of 12.41%.
Sales worth watching this week include:
- Book.io-Dr. Jekyll and Mr. Hyde: US$390,410 (600,000 ADA)
- Book.io-Dr. Jekyll and Mr. Hyde (Second Edition): US$386,179 (600,000 ADA)
- CryptoPunks #1062: US$177,517 (80 ETH)
- CryptoPunks #2948: US$139,250 (52.5 ETH)
- Orbital Maxi Biz (OMB): US$110,374 (1.1442 BTC)
Bybit hackers cleaned 62,200 ETH in the past 18 hours, and the remaining 156,000 ETH are expected to be cleared in the third day
According to on-chain analyst Ember, 62,200 ETH (US$138 million) have been laundered since Bybit hackers resumed money laundering at 3 pm yesterday. Now, only 156,000 (US$346 million) of the 499,000 ETH stolen from Bybit have been washed. It is expected to be completely cleared in another three days.
ETH Giant Whale charged 4245 ETH tablets to Binance 8 hours ago, and if sold, it would make a profit of US$8.62 million
According to monitoring by online analyst@ai_9684xtpa, in 2018, the ETH OG giant whale sold 4245 ETH units again, worth US$9.44 million, a week later. The cumulative number of ETH units sold since February 15 has reached 16499 (US$42.92 million). The address recharged ETH to Binance eight hours ago and suspected of selling. Its ETH cost is as low as US$194, and if sold, it will make a profit of US$8.62 million.
Data: Pump.fun expense income reached US$75.28 million in February, a month-on-month decrease of 38%
According to DefiLlama, fee revenue for Pump.fun in February was US$75.28 million, a 38% decrease from January (US$121 million).
