stability

According to Jinshi reports, Buffett stated that if he were to serve at the Federal Reserve, he would focus on inflation and the stability of the banking system.

According to the Financial Times, South Korean President Lee Jae-myung has nominated the head of the Monetary and Economic Department of the Bank for International Settlements, the "pragmatic hawk" Shin Hyun Song, as the candidate for the new governor of the Bank of Korea. It is reported that Shin Hyun Song has a negative attitude towards the Lee Jae-myung government's push for a stablecoin pegged to the Korean won, believing that in a country with severe exchange rate fluctuations and vulnerability to capital outflows, stablecoins can easily become a tool for capital flight, and stablecoins pegged to the domestic currency may accelerate this trend.

The spokesperson for the Supreme Joint Military Command of Iran stated that the previous levels of energy and oil prices will not be restored until the Iranian armed forces ensure regional stability.

According to the Korea Times, South Korea's second-largest cryptocurrency exchange, Bithumb, is still pushing for the re-election of its current CEO, Lee Jae-won, despite facing a series of controversies and regulatory penalties. Previously, on February 6, 2026, Bithumb experienced a serious operational error during a promotional event, resulting in the erroneous distribution of approximately 620,000 BTC, about 15 times the actual amount held by the exchange, to users. This exposed significant flaws in Bithumb's internal verification, asset management, and ledger systems. The error was discovered and controlled within 35 minutes, with the exchange freezing transactions and withdrawals for 695 affected accounts, claiming to have recovered 99.7% of the erroneously issued assets, but the incident still triggered a brief panic in the market.The Financial Intelligence Unit (FIU) under the South Korean Financial Services Commission imposed several penalties on Bithumb, including a six-month suspension of some operations, a 36.8 billion won (approximately 24 million USD) fine for anti-money laundering violations, a warning to CEO Lee Jae-won, and a six-month suspension for the reporting officer.CEO Lee Jae-won's term will end this month, and the company plans to hold a regular shareholders' meeting on March 31 to discuss a proposal to extend his term for another two years. Despite the significant failures and regulatory pressure, Bithumb has chosen to push for re-election to maintain operational continuity and stability rather than undergo a management reshuffle. In similar situations in the past, such as when Upbit's CEO transitioned to an advisory role after receiving a warning from the FIU, management often faced greater accountability.

According to Jinshi reports, the Bank of Japan stated that the financial markets are experiencing unstable trends due to the conflict in the Middle East.

CryptoQuant posted on platform X that the trend of Ethereum's open interest indicates a continuous inflow of liquidity into the derivatives market, supporting the stability of Ethereum's upward trend rather than short-term fluctuations.

The founder of Slow Fog, Yu Xian, posted on the X platform: "I don't trust the stability or resilience of OpenClaw, but I am quite confident in Claude Code, as this is one of the core goals of software engineering. In terms of security emphasis, both companies place a high priority on security, and submitted vulnerabilities receive timely feedback. Some OpenClaw forks or reference versions show much less enthusiasm for security.In terms of security scenarios, although OpenClaw also has a Sandbox mechanism and attempts to design more granular permissions for tools, as its name 'OpenClaw' suggests, 'Open' is its greatest charm. A constrained OpenClaw is no longer OpenClaw. We hope for it to be free while also wanting it to be controllable, which is a point of contention for everyone. However, in a real production environment, an overly free OpenClaw can easily get out of control."

According to Jinshi, Federal Reserve Governor Bowman stated that there are signs of more stability in the labor market.

According to Jinshi, Federal Reserve official Collins stated that although the job market appears weak, its stability may have strengthened.

According to Jin10, Federal Reserve Vice Chairman Jefferson stated that the Federal Reserve's strong commitment to price stability reduces inflation risks.

Base officials disclosed this morning that the Base mainnet experienced intermittent transaction packaging delays, and users may have noticed that transaction confirmation times were significantly higher than normal. However, the officials emphasized that blocks are still being produced continuously, and transaction processing has not been interrupted.The team has confirmed that the remediation measures are effective, the overall stability of the network has been restored, and a complete incident review (RCA) and public post-incident analysis report will be released in the coming days.In the context of increasing network congestion, transactions may still experience delayed packaging or be dropped. The team is advancing long-term solutions and will continue to provide updates on progress.

According to Aastocks, during a speech at an event, Hong Kong's Deputy Financial Secretary, Huang Weilun, discussed digital assets and cryptocurrencies. He stated that Hong Kong will further promote the development of stablecoins in the future, but emphasized "first seek stability, then seek progress," to prevent illegal capital inflows and ensure a robust financial system.In addition, Huang Weilun also pointed out that Hong Kong is actively expanding its gold storage capacity, aiming to increase the total capacity to 2,000 tons over the next three years. Currently, a central gold clearing system is being established, and the Shanghai Gold Exchange has been invited to participate, with the goal of becoming operational within this year.

According to Jinshi reports, the U.S. Department of Justice has launched a criminal investigation into Federal Reserve Chairman Powell, raising concerns among global central banks about the potential risks to the independence of the Federal Reserve. This not only pertains to the direction of U.S. monetary policy but also directly threatens a key crisis tool for the global financial system—currency swap agreements. Analysts point out that if the U.S. ties swap agreements to geopolitical interests, the global crisis response capability will face severe challenges.

Ethereum co-founder Vitalik Buterin stated on the X platform that Ethereum itself must pass the test of "being able to withdraw at any time." The positioning of Ethereum is to become an ideal habitat for various trustless and minimal-trust applications, whether in finance, governance, or other industries.It must support applications that are more like "tools," rather than "services" that become completely ineffective once the provider stops maintenance. Even if certain applications do rely on some functions of the provider, Ethereum should minimize this dependency as much as possible and protect users to the greatest extent when that dependency fails. However, if the underlying protocol itself also relies on a certain "provider" (even if that "provider" is the collaborative process of all core developers) for continuous updates to remain usable, then building the aforementioned ideal applications becomes impossible. The Ethereum blockchain itself must possess the characteristics we expect its applications to have.Therefore, Ethereum itself must pass the test of "being able to withdraw at any time." This means Ethereum needs to reach a stage where we can "solidify it when needed." We do not have to stop modifying the protocol, but we must ensure that Ethereum's value proposition no longer strictly depends on any functions that have not yet been incorporated into the protocol.Specifically, this includes: complete resistance to quantum computing, a scalable architecture for high performance, a state architecture that can last for decades, a generalized account model, a reliable gas pricing mechanism resistant to denial-of-service attacks, a proof-of-stake economic model based on long-term experience, and a block construction model that resists centralization pressure and ensures censorship resistance. Ideally, in the coming years, we should work hard to achieve a stage where almost all future innovations can be realized through client optimizations and reflected in the protocol through parameter changes.Each year, we should accomplish at least one of the above goals, preferably multiple. Based on a profound understanding of doing the right thing, getting it right the first time (rather than taking a compromised temporary solution) will maximize Ethereum's technical and social robustness in the long run.

OKX founder and CEO Star released the 2025 year-end letter, stating that financial freedom is not without rules, but rather a financial system that remains reliable, verifiable, and selectable when tested. In 2025, amidst multiple extreme market fluctuations, OKX maintained stable system operations, processing a peak of 1.72 million transactions per second on October 11, with order delays maintained at 20 microseconds.Star pointed out that OKX maintained a 3%–5% asset redundancy throughout the year, continuously publishing Proof of Reserves (PoR), with the main asset reserve ratio consistently above 100%. At the same time, OKX continued to invest in security, anti-fraud, self-custody, and compliance market expansion. In 2025, the platform's global trading volume increased by 16% year-on-year, DEX trading volume grew by approximately 262%, and the global user base surpassed 120 million.

According to Jinshi, Federal Reserve's Bostic stated that he still believes today that price stability is a clearer and more urgent risk.

Vitalik Buterin posted to celebrate the successful upgrade of Ethereum Fusaka, stating that the PeerDAS implementation in the Fusaka upgrade has achieved sharding and data availability sampling: this has been Ethereum's long-standing dream.While a secondary increase in transaction scale has been achieved on Layer 2 by increasing blob capacity—according to recent analysis, L2 fees may decrease by 40-60%—Layer 1 remains constrained until zero-knowledge EVM matures, while also requiring distributed block construction and sharded memory pools. This marks a critical evolution in blockchain scalability, filling a decade-long roadmap gap since Ethereum's sharding vision in 2015, with the next two years focused on optimizing the stability of PeerDAS and expanding to L1 gas limits for broader throughput.

According to the latest research released by the Federal Reserve, there is a high concentration risk at the "third-party service provider" level between the top 100 banks in the United States and 100 non-bank financial institutions (NBFIs). If key cloud, payment, or core IT service providers experience a failure, it will quickly evolve into a systemic event across markets. The model shows that in extreme scenarios, the tail losses caused by systemic incidents can far exceed normal operational risks, with operational disruptions becoming a major source of losses rather than traditional credit events.From a macro-financial perspective, this study quantitatively confirms for the first time that "digital infrastructure failure" itself can serve as a trigger for financial crises, rather than merely being an ancillary risk. When key third-party nodes fail, it will simultaneously impact payment clearing, liquidity allocation, credit transmission, and risk hedging mechanisms, temporarily increasing demand for dollars, compressing global dollar liquidity, and causing credit spreads and volatility to spike. Although banks have lower nominal exposures than non-bank institutions, their extreme losses relative to revenue are even greater, indicating that the vulnerability of the large traditional financial system to tail risks has been long underestimated by the market.The cryptocurrency market is more sensitive to such "functional risks." Exchanges, wallets, custody, oracle services, and settlement layers are highly dependent on cloud and third-party authorized services. Once there is a regional or vendor-level disruption, it can easily lead to a chain reaction of clearing and liquidity vacuum. Historical experience shows that such non-price shocks often lead to passive deleveraging of short-term leveraged funds, with volatility sharply amplified. The short-term Bitcoin structure support will test high-leverage dense areas, and if the liquidity below is penetrated, one must be wary of the risk of a "liquidity spiral decline."Bitunix analysts: The core significance of this report is that the market is transitioning from "financial risk pricing" to a new stage of "infrastructure risk pricing." Future capital allocation will not only consider interest rates and growth but will also simultaneously assess the stability of system operations and the concentration of supply chains. Risk appetite will become more event-driven, and true structural opportunities will arise when resilient assets and decentralized infrastructure values are repriced.