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The South Korean stock market further declined, with the KOSPI index falling by 5%. The index plummeted by more than 4% on the 3rd, triggering a circuit breaker.

According to Jinshi reports, Goldman Sachs' trading department has warned that the U.S. stock market may need further correction to achieve sustained growth. They pointed out that the current market sentiment is fragile and capital flows are unstable, causing the S&P 500 index to remain in a vulnerable state after struggling to break through the 7,000-point barrier. Goldman Sachs stated that the seasonal performance in March is complex; since 1928, March has been one of the worst-performing months for the S&P 500 index, with an average increase of only 0.3%.

According to CoinDesk, the South Korean National Tax Service has apologized after a seizure operation inadvertently displayed original photos containing hardware wallet recovery phrases, leading to the theft of $4.8 million in cryptocurrency. The South Korean National Tax Service stated that it failed to recognize the inclusion of sensitive information when providing photos from the seizure site.The South Korean National Tax Service has now requested police intervention to recover the assets and plans to conduct a comprehensive review of security systems and virtual asset management manuals. South Korean Deputy Prime Minister and Minister of Economy and Finance Koo Yun-cheol posted on the X platform that institutions such as the Financial Services Commission and the Financial Supervisory Service will investigate this leak incident and strengthen the regulation of public institutions managing digital assets.

According to Gate market data, due to the ongoing strikes by the United States and Israel against Iran, and Israel's attacks on Hezbollah targets within Lebanon, U.S. stock index futures have fallen sharply, with the S&P 500 index futures down 78 points. Meanwhile, the global energy benchmark Brent crude oil futures have risen by more than 7%. Daniela Hathorn from Capital.com stated that the market is facing an indefinite conflict, making it difficult for financial markets to price potential outcomes.

According to Bitcoin.com, the South African Revenue Service (SARS) has implemented a Crypto Asset Reporting Framework (CARF) and expanded Automatic Exchange of Information (AEOI) rules starting from March 1, requiring local crypto asset service providers to report detailed transaction data in accordance with international standards and to automatically exchange account information with over 120 jurisdictions.Regulators will shift from passive reliance on voluntary disclosures to proactive, data-driven audits by using pattern recognition and data matching to compare tax returns with on-chain and offshore transaction records. Tax experts state that the "stealth space" for evading tax regulation through multiple wallets, offshore exchanges, and offshore structures has essentially disappeared, and taxpayers holding undeclared digital assets or offshore wealth face a higher risk of targeted audits, recommending proactive compliance through Voluntary Disclosure Programs (VDP).

According to Israeli media GLZRadio, Germany is seriously considering joining the war with Iran. German sources say that plans between Germany and the United States are already underway, and Berlin may directly participate in bombings or provide military support.

According to Jinshi reports, Japan's top foreign exchange official, Jun Mimura, stated that the surge of dollar-denominated stablecoins is highly likely to reinforce the dollar's status as a key currency.

According to Decrypt, South Korean Deputy Prime Minister and Minister of Economy and Finance Choo Kyung-ho has pledged to undertake a comprehensive reform of the way public institutions handle digital assets.A series of previous incidents have exposed weaknesses in the government's custody and oversight of seized cryptocurrencies. Choo stated that he would collaborate with institutions such as the Financial Services Commission and the Financial Supervisory Service to examine the current status and management practices of digital assets held and managed by the government and public institutions through measures such as seizures, and to swiftly take action to enhance the security of digital assets to prevent similar incidents from occurring again. He emphasized that the digital assets held by the government are limited to those obtained through legal enforcement measures such as tax seizures or criminal investigations.

Opinion founder Forrest stated in the official Discord that, based on the current market conditions, he hopes community members will lower their expectations for the S1 season token airdrop. Additionally, he emphasized that more importance will be placed on the S2 season rewards.

According to Jinshi reports, the Iranian Foreign Minister stated that Iran has no intention of closing the Strait of Hormuz at this stage, nor does it plan to disrupt navigation there. The new Supreme Leader may be chosen in a day or two, and a regime change is not possible.

According to CoinDesk, on-chain data platform Arkham Intelligence shows that SpaceX currently holds approximately 8,285 bitcoins in its Coinbase Prime custody account, valued at about $545 million at the latest prices, down about $235 million from an estimated $780 million three months ago. During this period, the company did not reduce its holdings.SpaceX plans to submit a confidential IPO application to the U.S. Securities and Exchange Commission (SEC) as early as March, aiming for a June listing, with a valuation potentially exceeding $1.75 trillion and a fundraising target of up to $50 billion. If successful, it would break the $29 billion IPO record set by Saudi Aramco in 2019.Data shows that the company's bitcoin holdings have remained around 8,300 since early 2026, but the book value has fluctuated significantly due to the BTC price correction. At the end of 2021, its BTC holdings peaked at nearly $2 billion, followed by a decline during the 2022 bear market, fluctuating between $400 million and $800 million over the past two years.Market participants point out that once the S-1 filing is submitted, SpaceX will need to disclose its exposure to related crypto assets, and future financial reports may reflect the book profit and loss risks arising from bitcoin price fluctuations. Previously, Tesla had drawn market attention multiple times due to similar book value fluctuations. However, on-chain data does not indicate that SpaceX has engaged in active trading; unlike Tesla, which has conducted buy and sell operations, SpaceX appears to prefer a long-term holding strategy.

According to Jinshi citing Xinhua News Agency, the United States and Israel have launched military actions against Iran, and the Iranian military has struck U.S. military bases in the Middle East. Some neighboring countries of Iran have closed their airspace, and international flights have been suspended. Chinese citizens have already been injured in the attacks, and some temporary travelers are stranded locally.The Chinese Ministry of Foreign Affairs reminds Chinese citizens to closely monitor the situation and to refrain from traveling to countries and regions around Iran that are affected by military strikes. Chinese citizens already in the aforementioned countries and regions should further enhance their security precautions and avoid sensitive areas such as military facilities and protests.

Hong Kong Financial Secretary Paul Chan published a Secretary's essay titled "The Mutual Promotion of 'AI+' and 'Finance+'", in which he pointed out that we are currently at a critical juncture of technological innovation. Artificial intelligence is not only a core technology of the future but also a tremendous force that can impact various industries. The innovation of financial services itself further supports the expansion of the real economy, breaking through pain points. Technological innovations such as AI and blockchain are continuously empowering financial services, creating a more efficient and convenient trading system, and opening new channels for different enterprises in trade, fundraising, and risk management activities.

In the early morning of March 1, local time, the Islamic Revolutionary Guard Corps of Iran issued Announcement No. 3. The announcement stated that the third and fourth waves of missile strikes are underway as part of the "Real Commitment 4" military operation, with Iran using more advanced missiles than ever before. The targets of the operation are military and security objectives of the United States and Israel, with this strike being more intense and severe. The announcement pointed out that the targets include: the naval base at Haifa Port in Israel, Israeli warships at the Haifa dock, the Ramat David Air Force Base, the Israeli Ministry of Defense, the Beit Shemesh military-industrial complex, and the Ashdod military-industrial complex.The statement indicated that the Islamic Revolutionary Guard Corps of Iran is prepared to use Iranian missiles and drones to attack fixed and moving targets of the enemy in the region. (CCTV)

According to Polymarket data, the probability of the market for "Khamenei will step down as Iran's Supreme Leader before March 31" has sharply risen to 93% today, an increase of 85 percentage points from before, with a total market trading volume of $30.43 million.

The spokesperson for the Iranian Foreign Ministry, Baghaei, stated on the evening of February 28 that Iran's Supreme Leader Khamenei and President Raisi are both "safe and sound." Baghaei made this statement during interviews with ABC News and Sky News. Israeli Prime Minister Netanyahu delivered a speech that evening, claiming that there are increasing signs that Khamenei "is no longer alive." Israeli media subsequently cited reports from senior officials indicating that Khamenei "has passed away." (Xinhua)

The Iranian Foreign Ministry issued a statement regarding the military aggression of Israel and the United States against Iran: Dear Iranian people, compatriots, our sacred and precious homeland, Iran has once again been subjected to military aggression by the United States and Israel. This morning, on the eve of Nowruz and the tenth day of Ramadan, the United States and Israel brazenly violated Iran's territorial integrity and national sovereignty, attacking defensive targets and non-military facilities in various cities of our country.The renewed military aggression by the United States and Israel against Iran occurs while Iran is engaged in a diplomatic process with the United States. Although we are firmly convinced of the intentions of the United States and Israel to carry out further military aggression, we have once again engaged in negotiations to demonstrate our position to the international community and all countries around the world, to affirm the justice of the Iranian people, and to expose the illegitimacy of any pretext for aggression.Today, the Iranian people take pride in everything they do to prevent war. Now is the time to defend the homeland and resist the military aggression of the enemy. While we are preparing for negotiations, we are also ready for defense at any moment. The Iranian armed forces will respond to the aggressors with great strength. The Iranian armed forces will utilize all capabilities and resources to repel this evil aggression and eliminate the threat from the enemy.

According to local time on the 28th, the Iranian Ministry of Interior issued a statement regarding the US and Israeli airstrikes on Iran, stating that "the enemy ignores all international laws and acts recklessly during negotiations." It emphasized that the Ministry of Interior will use all its power to maintain social order, and the Minister of Interior has already issued orders to the governors of all provinces, requiring them to mobilize all resources to meet the needs of the people.The statement also mentioned that the Ministry of Interior has established a National Crisis Management Headquarters and has issued necessary instructions to all provincial crisis management departments and relevant agencies. The statement called on the public to remain calm and to arrange urban and intercity travel according to the actual situation, while also urging the public to pay attention to news released by official channels and not to believe rumors and false news.

According to the annual report from the Argentine cryptocurrency exchange Lemon, the growth rate of monthly active users in Latin America in 2025 is three times that of the United States, with the total regional digital asset inflow exceeding $730 billion for the year, a year-on-year increase of over 60%, accounting for 10% of the global total.There is a clear differentiation within the region: Brazil leads in capital scale with an inflow of over $318.8 billion, with an annual growth rate of nearly 250%, primarily driven by institutional trading and the integration of local payment systems; Argentina, on the other hand, ranks first in terms of per capita monthly active user ratio, with a penetration rate of 12% of the total population, accounting for over a quarter of the region's activity.The report points out that users in high-inflation economies such as Argentina and Venezuela tend to use crypto assets as a store of value, with USDT widely adopted in daily transactions in Venezuela; more stable markets like Peru and Colombia focus more on financial returns. Stablecoins are seen as the most critical factor driving regional adoption, continuing to grow rapidly in 2025.