evan

Liquid Capital (formerly LD Capital) founder Yi Lihua stated on Twitter that wherever there are people, there are grievances, and wherever there are grievances, there is a community. He has heard these community stories from the parties involved multiple times, but we can only be bystanders.Yi Lihua called for the parties involved (CZ, Xu Mingxing, Li Lin, Sun Yuchen, He Yi) to resolve this historical grievance and work together to build the industry and prices. He mentioned that gossip and grievances sound exciting, but wallets are more important to everyone.It is reported that CZ mentioned past interactions with Li Lin, Xu Mingxing, and others in his new book, and discussions about the related events are currently trending on platform X.

Due to the delay in the legislative process of the "Digital Asset Basic Law," several financial institutions in South Korea are providing stablecoin payment services aimed at foreign users to bypass regulatory restrictions and proactively establish infrastructure and partnership networks.Specifically, Hana Financial Group has partnered with Circle and Crypto.com to launch a USDC payment pilot, Danal plans to introduce similar services with Circle and Binance Pay, Crypto.com and KG Inicis have launched a payment gateway, BC Card is testing USDC payment technology with Coinbase, and KB Kookmin Card has applied for a patent for the integration of stablecoin and bank card payments. Analysts say that such services aimed at foreign users are equivalent to a "regulatory sandbox," which helps companies validate their business models before formal policies are implemented.

Simon Gerovich, CEO of the Japanese Bitcoin listed company Metaplanet, posted on the X platform in response to the Japan Exchange Group (JPX) announcing the postponement of including companies with major assets in cryptocurrency into the index, stating that he respects the relevant procedures and will actively participate, which will not affect the advancement of Bitcoin strategy and ecological layout.He added that Metaplanet was established to provide Japanese investors with a compliant channel to access Bitcoin through companies listed on the Tokyo Stock Exchange, but the company's strategy goes beyond asset allocation and will promote the development of the Japanese Bitcoin ecosystem through "Project Nova," including the layout of operational businesses and investment in industry partners. So far, more than 216,000 Japanese shareholders have participated in this strategy, and Metaplanet will continue to maintain constructive communication with all parties, including JPX, to enhance the market's understanding of Bitcoin and the company's role in the Japanese financial system.

According to Cointelegraph, the proposal supported by Trump to "allow cryptocurrencies and private equity to be included in 401(k) retirement plans" has passed White House review. The U.S. Department of Labor is expected to issue relevant rules soon.

Bitcoin payment service provider Bitrefill disclosed on platform X that it suffered a cyberattack on March 1, 2026, resulting in a customer data breach. The attack originated from a compromised employee's laptop and allowed the attackers to access certain databases and cryptocurrency wallets.Investigations revealed that the attack method was highly similar to past attacks on cryptocurrency companies by the North Korean DPRK Lazarus/Bluenoroff hacker group. Approximately 18,500 purchase records involved limited customer information (email, cryptocurrency payment addresses, and IP metadata), with about 1,000 records having customer name information stored in an encrypted format, but potentially accessible. Bitrefill stated that customers do not need to take special actions but are advised to be vigilant for unusual information.Bitrefill further added that it has currently shut down related systems for isolation and is collaborating with security experts, on-chain analysts, and law enforcement. Operations have nearly returned to normal. The company emphasized that it is long-term profitable and financially robust enough to absorb this loss and will continue to strengthen cybersecurity measures, including internal access controls, monitoring, and emergency response mechanisms.

According to the Securities Times, recently, the download and usage of the OpenClaw ("Little Lobster") application have been booming. In this regard, People's Finance learned from the Hong Kong Digital Policy Office, which is responsible for AI policy, that the office has been continuously monitoring the latest trends in artificial intelligence and has recently noted potential risks associated with OpenClaw, including excessive permissions, data leakage, and system security.It is recommended that relevant organizations and individual users take adequate security measures when deploying and using OpenClaw, specifically including: strengthening network controls, implementing strict isolation of the operating environment to reduce the risk of excessive permissions; enhancing credential management to avoid storing keys in plaintext in environment variables; strictly managing plugin sources to ensure the trustworthiness and security of plugins; continuously monitoring official patches and security updates, and promptly conducting version updates and installing security patches.It is reported that the Hong Kong government places great importance on the governance and risk prevention of artificial intelligence applications, having developed documents such as the "Ethical Framework for Artificial Intelligence" and "Guidelines for Generative Artificial Intelligence Technology and Applications in Hong Kong." Additionally, the government has established a comprehensive "Government Information Technology Security Policy and Guidelines" for all departments to follow and use. Each department must conduct a risk assessment before installing various types of software.

CZ responded to Forbes' recent release of the "Real-Time Billionaires List," stating that the estimate of his wealth on the list is not accurate.Previously, Forbes' real-time list showed CZ's net worth to be approximately $111 billion, ranking him 17th on the global billionaire list. CZ commented that this is just a "guessing game." He pointed out that the Bitcoin and cryptocurrency market has dropped 50% from its all-time high (ATH), suggesting that the list fails to accurately reflect the current market fluctuations and the true state of his personal assets.

The U.S. presidential envoy, Wittekov, stated that reaching an agreement with Iran is impossible, describing the meetings with Iranian officials as unproductive.

In response to on-chain detective ZachXBT's disclosure that "some employees are suspected of abusing their authority to track user wallets for insider trading," Axiom posted a response on platform X stating: "We are shocked and disappointed to learn that someone on the team has abused internal customer support tools to query user wallets. Access to these tools has been revoked, and we will continue to investigate and hold those responsible accountable. This behavior does not represent the team, which has always been committed to putting users first."

The head of the Solana protocol Meteora, Zen @realdezen, stated that since taking over in March last year, the team has taken insider trading risks seriously and has established practical protective measures.Zen referred to Meteora as a permissionless platform, with the main focus over the past 12 months on enhancing the robustness and reliability of the infrastructure, allowing projects to go live without manual intervention from the team. As a result, the team only became aware of relevant situations after certain projects went live or were integrated. In the related prediction markets, Meteora once became the most probable and ranked first among guesses.

According to Lookonchain monitoring, early Bitcoin evangelist and cryptocurrency exchange platform ShapeShift founder Erik Voorhees recently spent $20,380,000 to buy 9,911 ETH at an average price of $2,057.A year ago, he sold 11,616 ETH at an average price of $2,922 (approximately $33,940,000).

According to CoinDesk, the UK hedge fund Brevan Howard's crypto fund BH Digital Asset saw a net value decline of 29.5% in 2025, marking the worst annual performance for the fund since its inception in 2021, underperforming Bitcoin, which only dropped 6% during the same period.The fund primarily invests in crypto tokens and companies related to digital assets, having previously recorded increases of 43% and 52% in 2023 and 2024, respectively.According to sources cited by the Financial Times, BH Digital Asset holds a significant amount of private equity and venture capital assets, which have been notably pressured in the overall sluggish environment of the crypto market last year. Brevan Howard has not yet commented on this matter.

The American Bankers Association (ABA) issued a statement regarding the cryptocurrency industry meeting held at the White House that day. The meeting aimed to advance the legislative process related to cryptocurrency market infrastructure and invited representatives from cryptocurrency companies and traditional banking to participate together.In the statement, the ABA thanked the Trump administration for facilitating this "constructive dialogue" and noted that the meeting acknowledged the traditional banking industry's concerns regarding digital asset legislation. However, the ABA also emphasized that any related legislation must support local credit supply aimed at households and small businesses to maintain the safety and soundness of the financial system.Additionally, the ABA called on congressional senators to close regulatory loopholes that might allow cryptocurrency companies to pay consumers interest or returns on stablecoins, viewing this issue as one of the core differences between traditional banking and the cryptocurrency industry. The banking sector is concerned that such arrangements could exacerbate deposit outflows or force banks to raise deposit rates to compete. Reports indicate that the White House is expected to continue pushing for follow-up consultations to seek a compromise between supporting digital asset innovation and maintaining the traditional financial system.

According to a report by Jiemian News, the Cambodian Ministry of Foreign Affairs issued a statement regarding the repatriation of Chen Zhi to China, stating that the decision was made in accordance with Cambodian law and complies with relevant judicial assistance and legal cooperation procedures. Regarding the revocation of Chen Zhi's Cambodian nationality, the Cambodian Ministry of Foreign Affairs stated that the decision strictly follows the provisions of the law. If a naturalized citizen is found to have obtained Cambodian nationality through forged documents or by providing false information during the application process, the government has the right to revoke their nationality in accordance with the law.The statement emphasized that such actions demonstrate Cambodia's ongoing commitment to strengthening international cooperation to maintain peace, stability, and socio-economic development, and effectively combat transnational crime activities.

Community users are calling on X product lead and Solana advisor Nikita Bier to focus more on cleaning up fraudulent accounts on the platform, rather than concentrating on niche communities like crypto or InfoFi. It is reported that there are currently about 22,600 newly registered fake X accounts, frequently pulling users in through Space real-time voice tags and accompanying phishing links for fraudulent pre-sales. The scale has become difficult to resolve through manual reporting or blocking. They also suggested introducing a facial recognition login mechanism, which could significantly reduce the number of malicious actors. In response, Nikita Bier stated that he is aware of the issue and that the team is already working on addressing it.

According to @Lyangminn, Manus founder Xiao Hong is not only a BTC holder but also an early evangelist. In November 2013, shortly after entering university, Xiao Hong wrote a long popular science article on "The Other Dimension Software World": "What is Bitcoin? How to Use It? Download Bitcoin Wallet Client." At the end of the article, he left his Bitcoin address and received a total of 0.02231 BTC in tips over 11 years, which is currently worth 2000 USD.According to previous reports from ChainCatcher, which was acquired by Meta for billions, Manus founder Xiao Hong is a seasoned BTC holder.

According to CoinDesk citing Nikkei News, the Japanese government has determined a policy to promote the digital securitization of local bonds issued by local governments (Security Token). The government plans to submit relevant legislation to the regular Diet session in 2026 and will determine specific countermeasures based on the needs of local governments within this month.Experts point out that digital local bonds based on blockchain technology can achieve rapid issuance and settlement without intermediaries, and can provide real-time access to investor information. This model can combine various forms of returns, such as monetary returns, non-monetary benefits, and social contributions, and is expected to serve as a tool for direct financing for individuals.

Arca's Chief Investment Officer Jeff Dorman stated this morning: "For years, I have been debunking the misconceptions about Strategy (MSTR), yet every time BTC drops, the same nonsense resurfaces ------ some will say MSTR will be forced to sell BTC, or that its holdings will be liquidated, as if this were some leveraged perpetual contract... Anyone who spends less than five minutes consulting any debt or equity expert will understand that unless the drop in BTC reaches a level where MSTR's selling behavior becomes insignificant, MSTR does not need to sell BTC at all."Dorman added that the reasons MSTR does not need to sell BTC are mainly as follows: 1. Considering that Saylor holds 42% of the shares, it is almost impossible for activist investors to control the board; 2. There is no mandatory selling clause in the debt terms; 3. Interest expenses are within a controllable range (don't forget that its core technology business can still generate positive cash flow); 4. Very few companies default due to debt maturity (investors are like a herd, almost always choosing to extend debt ------ solving problems through delay).

According to The Block, Unchained columnist Jack Kubinec disclosed in a recent report that Brevan Howard's venture capital investment in Berachain is nearly "zero risk." Documents made public this Monday show that Berachain granted Brevan's crypto investment subsidiary Nova Digital a special right—a one-year refund guarantee on its $25 million Series B funding. This means that despite Brevan co-leading a $69 million funding round for Berachain at a valuation of $1.5 billion, it can still recover its entire investment after the token generation event.It is reported that this right will remain effective until February 6, 2026. Kubinec pointed out in the report: "Such refund clauses completely shield Brevan's fund principal from risk, which is fundamentally different from traditional venture capital models. If Berachain's BERA token performs well, the fund will achieve excess returns; if the token underperforms, the fund can exercise the refund right." Currently, the trading price of the BERA token is about $1, down approximately 67% from Brevan's investment cost of $3. According to data from The Block, the fully diluted valuation of the token is now $536.7 million. The Series B funding was led by Framework Ventures, with participation from Arrington Capital, Hack VC, Polychain, and Tribe Capital. Berachain also completed a $42 million Series A funding in 2023. It is still unclear whether other investors also have refund rights.

Berachain granted Brevan Howard, one of the lead investors in its Series B financing, the right to a risk-free refund of its investment after the TGE, without the knowledge of other investors. It is reported that Berachain has raised at least $142 million in total, with its token valued at $1.5 billion in the last round of financing, which was co-led by Framework Ventures and the Nova Digital fund under the $34 billion hedge fund Brevan Howard.A former employee, who requested anonymity, recalled that Berachain co-founder, codenamed "Papa Bear," pointed out that Brevan's involvement could enhance the project's legitimacy. However, the terms of the Series B financing are particularly favorable to Brevan's Nova Digital fund. According to documents, Berachain granted the fund the right to refund its $25 million Series B investment for up to one year after the token generation event on February 6, 2025.This clause means that unlike traditional venture capital, the principal of the Brevan fund carries zero risk: if the BERA token performs well, the fund can enjoy the profits; if it performs poorly, the fund can demand a full refund. Four lawyers specializing in the crypto field stated that granting investors the right to a refund after the TGE is extremely rare. Two of the lawyers noted that even when refund rights appear in token financing, they typically only trigger if the project fails to issue tokens.If Nova Digital exercises its refund right (the current token price has dropped about 66% from the $3 investment price, making exercising the right financially logical), it could force Berachain to raise $25 million in cash to repay its investors. According to project documents, the tokens purchased by Berachain investors have a one-year lock-up period, so if Nova exercises its refund right, it may forfeit its BERA allocation. It remains unclear whether Nova's refund right is legal—especially since other investors were not informed of this clause. The deadline for Nova Digital to exercise its refund right is February 6, 2026.