sys

The head of the Civil Division II of the Supreme People's Court, Wang Chuang, stated during a press conference on "The Situation of People's Courts in Civil and Commercial Trials Supporting High-Quality Economic and Social Development" in response to a question, "In the future, we will focus on advancing the formulation of judicial interpretations for civil compensation related to insider trading and market manipulation in the securities market, conduct in-depth research on judicial responses to new financial cases such as private equity funds and virtual currencies, and improve the financial judicial protection system."

According to the Financial Times, the "Board of Peace," led by U.S. President Trump, is exploring the issuance of a stablecoin pegged to the U.S. dollar to support the digital transaction system in the Gaza Strip.Insiders indicate that the stablecoin will serve as "a way for Gaza residents to make digital payments." The Gaza region is currently facing a severe humanitarian crisis, making cash access extremely difficult. Many bank facilities and ATMs have been destroyed or closed, while new cash deliveries are also restricted, leading local residents to increasingly rely on digital payment methods.The stablecoin proposal has been put forward against this backdrop, aiming to establish a basic financial transaction infrastructure. The project is spearheaded by Israeli tech entrepreneur Liran Tancman, in collaboration with organizations such as the "National Committee for Gaza Administration" (NCAG). Sources indicate that the plan includes not only the stablecoin but also the establishment of a "secure digital infrastructure" to support electronic payments, financial services, online education, and healthcare systems as an open platform, allowing users to control their own data.

According to GMGN market information, the Solana ecosystem meme coin neet has a market capitalization exceeding 28 million USD, with a 24-hour increase of 85.17% and a 24-hour trading volume of 2.7 million USD.ChainCatcher reminds users that meme coins have no actual use cases, and their prices are highly volatile, so investment should be approached with caution.

The cryptocurrency research institution 10x Research published on the X platform, pointing out that the performance of cryptocurrency concept stocks has recently diverged. Among them, Circle (CRCL) has seen its stock price rise above the 7-day and 30-day moving averages, showing bullish signals technically, with an increase of about 3.6% over the past week.On the fundamental side, Circle has reached a strategic partnership with Polymarket, which will use native USDC as the main settlement asset, further expanding the use of USDC in the prediction market.At the institutional level, ARK Invest, led by Cathie Wood, increased its holdings of 218,000 shares of CRCL during the market correction, valued at approximately $13 million, indicating a rise in institutional confidence. Analysts believe that promoting digital dollar reserves under the framework of the GENIUS Act will lead to more direct inflows into the U.S. Treasury market, and under this trend, Circle may become a major beneficiary.

Vitalik Buterin posted on the X platform that he is trying to push forward a more ambitious plan: to build an "Ethereum that follows cyberpunk principles and is not ugly" as an extension layer on top of the existing system, while achieving tight integration and high interoperability with the current framework as much as possible.The proposal will develop gradually, while ensuring that Ethereum itself acquires the necessary system-level characteristics of cyberpunk and simplicity, including censorship resistance, friendliness to zero-knowledge proofs, and attributes of the consensus layer.Vitalik Buterin further stated that within the next 5 years (or even faster in the case of accelerated AI coding and formal verification), an open path may be established, allowing the existing system to migrate to smart contracts written in the new system language when needed.Ethereum has previously completed significant upgrades during its operation, akin to "changing jet engines in mid-air"—such as the "Merge"—and still has the capacity for about four more system-level transformations of similar scale in the future, including state tree optimization, streamlined consensus, ZK-EVM verification, and changes to the virtual machine layer.

The CEO of Japan's Bitcoin treasury company Metaplanet, Simon Gerovich, posted on the X platform in response to an anonymous account inciting public opinion without accountability and accusing the company of "dishonest information disclosure." He stated that the related claims are inconsistent with the facts, and both he and the company are willing to take public responsibility for all actions and statements. The company's long-term systematic strategy of increasing Bitcoin holdings remains unchanged.Simon Gerovich stated that over the past six months, against the backdrop of rising volatility, the company has increased its allocation to income-generating businesses by selling put options and employing spread strategies to obtain premiums, while allocating part of the funds for long-term Bitcoin holdings. All Bitcoin purchases are disclosed immediately after decisions are made, and all Bitcoin addresses of the company are public, allowing shareholders to view the holdings in real-time dashboards. In response to the accusation of "buying at high levels in September without disclosure," he mentioned that there were four purchases made in September, all of which were announced in a timely manner. The company's strategy is not about timing the market but rather about long-term, systematic accumulation of Bitcoin.Additionally, selling put options is not merely a bet on price increases, but rather a way to acquire Bitcoin at an effective cost below the spot price. Regular losses mainly stem from the unrealized fair value fluctuations of Bitcoin that are held long-term and not sold, and interpreting this as a strategic failure is a misunderstanding.

X user @0xSigil announced on the X platform the development of an AI system that can autonomously generate income, self-improve, and replicate without human intervention. This technology aims to provide AI with "write" access to the world and supports a "new network" composed of exponentially growing sovereign AIs.The author introduced the concept of "WEB 4.0" in related discussions, defining it as the stage of the birth of superintelligent life. The system demonstrates the technological path for AI to achieve self-sustainability and evolution.Additionally, both Solana and Ethereum have retweeted this post, stating that the technology is closely related to their projects.

According to Barchart, the Federal Reserve injected $18.5 billion into the U.S. banking system this week through overnight repos, marking the fourth largest liquidity injection since the COVID-19 pandemic, even surpassing the peak of the dot-com bubble.The chart shows that the peaks of liquidity injections since 2021 mainly occurred during the pandemic and periods of economic stress. This injection reflects tight bank reserves, which may stem from quarter-end funding demands or broader credit tightening.

According to The Block, Coinbase's incubated Ethereum Layer 2 network Base has announced its separation from Optimism's Superchain ecosystem, shifting to a unified tech stack operated by Base, and abandoning external dependencies on OP Stack as well as Flashbots and Paradigm.This change aims to reduce the coordination overhead of maintaining code across multiple teams, simplifying the system through optimizations based on open-source components like Reth, while maintaining the "Stage 1" rollup status. It plans to be temporarily compatible with OP Stack, but future hard forks will require migration to the new Base client. The upcoming hard fork includes Base V1 (supporting Fusaka and switching to TEE/ZK proofs), and subsequent versions will synchronize with the Ethereum Glamsterdam upgrade; the blog emphasizes the protocol's openness and welcomes alternative implementations.

According to The Block, Coinbase's Ethereum Layer 2 network Base announced that it will no longer rely on Optimism's OP Stack and Superchain architecture, instead opting for a "unified stack" operated independently by Base.According to the official blog, Base will integrate core components that were previously scattered across multiple teams and code repositories (including key modules like the sequencer) into a unified codebase "base/base" to reduce coordination and maintenance costs, and to optimize deeply for its own needs.At the same time, Base will also reduce its external dependencies on Flashbots, Paradigm, and others. In terms of governance, Base will adjust the security committee structure, replacing the original Optimism-related seats with newly added independent signers.Despite the shift towards an autonomous technical architecture, Base stated that the protocol will remain open source and publicly standardized, welcoming third-party developers to create independent clients and maintain cross-upgrade compatibility. Base is currently the largest network in the OP Stack Superchain ecosystem.

According to Decrypt, the California Department of Financial Protection and Innovation (DFPI) has released an implementation update for the Digital Financial Assets Law (DFAL), which clearly requires all individuals or companies providing cryptocurrency-related services to California residents to hold a DFAL license, submit a license application, or meet exemption criteria by July 1, 2026, or face enforcement actions.The DFAL was signed into effect by California Governor Gavin Newsom in October 2023, establishing a statewide licensing and regulatory framework for cryptocurrency assets, covering various digital asset services and cryptocurrency ATM terminals. This system is widely compared to New York's BitLicense introduced in 2015.According to the schedule, DFAL license applications will open on March 9, 2026, through the Nationwide Multistate Licensing System (NMLS). Regulators recommend that businesses review the checklist in advance and participate in the industry training on March 23.California accounts for about a quarter of all blockchain companies in the United States. Joe Ciccolo, Executive Director of the California Blockchain Advocacy Coalition (CBAC), stated that since California is the fourth-largest economy in the world, its regulatory path may drive companies to unify compliance standards nationwide. "Clear and predictable rules help attract serious operators and institutional capital," but he also warned that if enforcement is too aggressive or disconnected from industry realities, some companies may choose to exit the California market or move overseas.

According to Jinshi News, ECB Executive Board Member Fabio Panetta: The digital euro network will be ready for use by private payment systems before 2029.

According to Cointelegraph, the American cryptocurrency exchange platform Kraken has announced that its over-the-counter trading desk has officially integrated with the ICE Chat messaging platform under the Intercontinental Exchange. This means that over 120,000 users from banks, brokers, and trading institutions in the global financial market can directly communicate with Kraken's OTC team and access cryptocurrency liquidity within their existing trading workflows.Kraken stated that it is the first cryptocurrency platform authorized to access ICE Chat, marking a further embedding of digital asset trading into the infrastructure of traditional financial markets.ICE owns the New York Stock Exchange and provides data, clearing, and technology services for global financial markets. Over the past year, ICE has continued to invest in the digital asset space, including investments in the prediction market Polymarket and the cryptocurrency payment company MoonPay, as well as collaborating with Chainlink to bring foreign exchange and precious metals data on-chain.With this integration, Kraken's cryptocurrency spot and options block trading will be alongside traditional asset categories such as stocks and derivatives within institutional-grade communication networks.

According to Crowdfund Insider, Joseph Lubin, founder and CEO of Consensys and co-founder of Ethereum, recently shared his views on the current state and future trajectory of the cryptocurrency market during an interview in Hong Kong. Lubin expressed a cautiously optimistic outlook. He emphasized that the digital asset economy is continuously evolving, driven by functional utility rather than pure speculative forces.When discussing Bitcoin, Lubin believes it should not be viewed as a traditional safe-haven asset at this stage. He described the broader crypto landscape as still resembling a "startup ecosystem," suggesting that positioning Bitcoin as a secure store of value amidst current developmental challenges may be premature. In contrast, he highlighted that Ethereum's native cryptocurrency, ETH, has a stronger functional demand.Lubin believes that the practicality of ETH in driving decentralized applications, smart contracts, and broader ecosystem activities gives it an advantage in real-world adoption compared to Bitcoin's main narrative. He emphasized Ethereum's enduring importance in the evolving financial infrastructure.He pointed out that institutional participation is deepening, with major banks, trading platforms, and financial networks increasingly building on Ethereum-based technologies and layer two scaling solutions. He stated that this momentum at the institutional level indicates that even amid market fluctuations, Ethereum is transitioning towards becoming the next-generation financial foundation.Overall, Lubin's remarks reflect confidence in Ethereum's long-term potential under short-term market pressures. He portrayed the ecosystem as resilient and innovative, with tools like Ethereum and MetaMask poised to drive meaningful progress in the digital economy.

According to GMGN market data, the Solana ecosystem meme coin PIPPIN has reached a historic high, with a current market capitalization of $747 million, a 24-hour increase of 14.45%, and a 24-hour trading volume exceeding $26.6 million.ChainCatcher reminds users that meme coin trading is highly volatile, largely dependent on market sentiment and conceptual speculation, and lacks actual value or use cases. Investors should be aware of the risks.

According to official social media news, HTX DAO recently released its 2025 annual report.The report shows that the current total market capitalization of $HTX is approximately $1.74 billion, with over 870,000 holders by the end of 2025. In 2025, $HTX will burn a value of over $91 million, with the current cumulative burn amount close to 10% of the total supply.In terms of governance rights, HTX DAO launched HIP rules, the $HTX holding voting tool, and initiated the coin listing recommendation governance mechanism in 2025, achieving a breakthrough in decentralized governance from 0 to 1. In terms of revenue rights, $HTX is empowered through Huobi HTX's Launchpool product, enabling dual earnings from earning tokens and mining, distributing over 4.2 million USDT in token rewards and nearly 2.9 million USDT in mining rewards throughout the year. Additionally, HTX DAO held over 40 offline events throughout the year, covering several major cities globally, bringing it closer to community members around the world.HTX DAO stated, "Thank you to all community members, builders, and partners for your long-term support and participation. In 2026, HTX DAO will continue to focus on long-term value creation and promote further upgrades in ecology and governance capabilities."

Binance co-founder He Yi responded on platform X to the news that "Binance employees were fired for discovering transactions related to Iran," stating that compliance staff need to handle various types of cases in their actual work. In recent years, Binance has proactively initiated multiple investigations related to potential crimes and has handed over the results to law enforcement agencies, while also assisting users in avoiding potential fraud and financial losses through risk control and compliance measures.In the face of a constantly changing regulatory environment and new types of financial crime, the company's compliance system still needs to be continuously upgraded and optimized. He also expressed gratitude to former employees who participated in the company's compliance efforts and emphasized that as the company continues to promote higher standards of compliance, it may not be possible to satisfy everyone during the execution process. However, Binance will continue to invest resources and bring in more compliance professionals with specialized backgrounds and law enforcement collaboration experience to enhance overall risk identification, investigation, and resolution capabilities.