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Based on the robot self-charging technology jointly developed by OpenMind and Circle, the FABRIC Foundation will further promote the large-scale deployment of the machine economy and intelligent agents from two main directions

OpenMind and Circle have officially announced a strategic partnership to jointly launch the world's first payment infrastructure specifically designed for autonomous intelligent agents and real-world embodied AI. By deeply integrating Circle's USDC stablecoin with OpenMind's x402 protocol module, this collaboration enables robots and AI entities to achieve direct and autonomous payments for energy, services, and data in the physical world.Based on the collaboration between OpenMind and Circle, the FABRIC Foundation will accelerate the implementation and large-scale deployment from two main directions: Robot Birthplace and Acceleration of Adoption.The payment infrastructure provided by OpenMind + Circle offers machines an "economic brain," while the FABRIC Foundation is responsible for the entire closed-loop chain of "birth, production, operation, and evolution." The synergy among these three will jointly give rise to a true machine economy era—where robots are no longer mere tools, but independent economic entities with autonomous perception, decision-making, action, and payment capabilities. In the coming months, more real-world deployment cases (such as automatic charging stations) are worth continuous attention.

Bithumb's market share has dropped to 24.8%, and the gap with Upbit has widened after the end of the zero-fee promotion

The South Korean cryptocurrency exchange Bithumb has continued to face pressure on its market share following the "Bitcoin Misissue Incident." Data shows that as of last Friday, Bithumb's trading share among the five Korean won-denominated exchanges in South Korea has dropped to 24.8%, a significant decline from about 30% at the beginning of the year. Industry data indicates that Upbit remains in the lead with a 58.4% share, followed by Coinone at 13%, Korbit at 3.5%, and Gopax at 0.3%.On February 6, Bithumb mistakenly issued 2,000 bitcoins, worth 2,000 won (approximately $1.38), to some users during a promotional event, totaling an erroneous issuance of about 620,000 BTC, far exceeding its previously disclosed holding of 42,800 coins, raising doubts about its internal controls and financial management capabilities.The day after the incident, its market share fell from 31.5% on January 5 to just over 20%. To stabilize the situation, Bithumb implemented a week-long zero-fee promotion for all cryptocurrencies starting February 9, which temporarily boosted trading volume, and on February 10, the market share briefly rebounded to 31.5%. However, following the end of the promotion on February 16, the share quickly declined again.Meanwhile, competitors have clearly benefited. Coinone's share has doubled compared to a month ago, and Korbit's trading volume has increased by about 12.5 times, driven by expectations surrounding Mirae Asset Financial Group's acquisition of a 92% stake. Upbit is advancing a comprehensive share exchange plan with Naver Financial, while Gopax has been acquired by Binance, potentially reshaping the landscape of South Korean exchanges.

The SEC Chairman signals the direction of cryptocurrency regulation: clarifying the investment contract framework and promoting innovation exemptions and rule-making

The official website of the U.S. Securities and Exchange Commission published a speech by Chairman Paul Atkins at the ETHDenver conference, outlining the agency's direction on cryptocurrency regulation, which mainly includes:Clarifying the "investment contract" framework: The Commission will study and publish a framework that clarifies under what circumstances crypto assets constitute investment contracts, as well as their formation and termination mechanisms.Innovation exemptions: Considering the establishment of innovation exemptions that allow for pilot trading of certain tokenized securities under restricted conditions, including limited trading on new platforms such as automated market makers, to accumulate experience for a long-term regulatory framework.Advancement of rules and guidance: Plans to initiate or advance rulemaking on topics such as financing pathways for crypto assets, broker-dealer custody for non-securities crypto assets (including payment stablecoins), and modernization of transfer agent rules; and continue to provide clarity for non-registration scenarios such as wallets and user interfaces through no-action letters and exemption orders.Regulatory philosophy: Paul Atkins emphasized that regulators should not react to short-term price fluctuations. The responsibility of the U.S. Securities and Exchange Commission is to ensure adequate information disclosure and clear rules, allowing market participants to make decisions in a transparent environment, rather than "supporting prices."

Investment bank TD Cowen: If Trump agrees to fill the Democratic vacancies at the SEC and CFTC, the progress of the CLARITY Act may be effectively promoted

According to The Block, investment bank TD Cowen stated that filling the Democratic vacancies at the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission could help advance negotiations on the U.S. crypto market structure bill.The investment bank pointed out that the biggest obstacle to the passage of this bill is not its core framework (i.e., whether digital assets should be regulated as securities by the SEC or as commodities by the CFTC), but rather a political dispute surrounding conflict of interest rules.Democrats are pushing for a ban to prevent senior government officials and their families from engaging in specific financial transactions involving digital assets. TD Cowen noted that, given Trump's involvement in the crypto project World Liberty Financial, this proposal would affect Trump and his family. Bloomberg estimated last month that Trump has made about $1.4 billion from his crypto project. The Trump family also holds a 20% stake in the mining company American Bitcoin.According to TD Cowen, it is unlikely that Democrats will abandon this demand, as the party has used Trump's crypto asset holdings as campaign material ahead of the midterm elections. Last month, no Democratic senators voted in favor of a bill in the Senate Agriculture Committee, citing concerns over Trump's crypto project. It remains unclear whether Democrats will support the Senate Banking Committee's bill.TD Cowen stated that Republicans oppose the proposal because they believe Trump would veto any legislation requiring his family to divest their crypto asset holdings. The report added that this disagreement has already caused a political stalemate, even as industry groups continue to negotiate the crypto regulatory framework.One possible path forward is for both parties to reach a compromise. In this scenario, Trump would agree to fill the Democratic vacancies at the SEC and CFTC. In return, Democrats would accept conflict of interest provisions that would only take effect after the next presidential inauguration.

Gate officially launches Gate Booster to promote the construction of an incentive ecosystem

The cryptocurrency asset trading platform Gate has officially launched a new promoter task and incentive platform called Gate Booster. This platform is aimed at KOLs in the crypto industry, content creators, community builders, and various promotional partners. Through a standardized task mechanism and a transparent incentive system, it connects high-quality promotional resources with Gate ecosystem projects, driving user growth and long-term community development.It is reported that Gate Booster is positioned as a collaboration and task platform for promoters, supporting various types of tasks such as invitations, recommendations, and content dissemination. Promoters can obtain corresponding incentives through compliant original content output and user guidance, achieving a dual enhancement of influence and revenue. The platform includes posting tasks related to official events, new coin listings, and product features, as well as recommendation tasks that guide new users to register and complete specified actions through exclusive links or invitation codes. Rewards will be based on actual data statistics and settled according to the rules.From a long-term perspective, Gate Booster will provide promoters with priority participation opportunities in platform-level projects and will continuously invest in incentive budgets to ensure transparency in mechanisms and stability in settlements, further assisting individual and institutional promoters in enhancing their influence and commercial value in the Web3 field.
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