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Ethereum co-founder Vitalik Buterin recently released the Ethereum scalability roadmap, which is divided into short-term and long-term strategies. In the short term, the upcoming Glamsterdam upgrade will introduce block-level access lists for parallel validation, while optimizing block processing efficiency through ePBS and launching an innovative multi-dimensional Gas model that separates "state creation" from "execution" costs.In the long-term plan, Ethereum will handle data at rates of up to 8 MB/second using PeerDAS technology and plans to gradually introduce ZK-EVM technology starting in 2026, expanding its application scope by 2027, ultimately achieving a highly scalable blockchain network validated through multiple proof systems. This move aims to enhance Ethereum's transaction processing capacity while maintaining decentralization and security.

Ethereum co-founder Vitalik Buterin posted on the X platform that Ethereum's scalability is divided into short-term and long-term parts.In the short term, the Glamsterdam upgrade will introduce block-level access lists for parallel validation, ePBS will allow a larger proportion of time slots for block validation, and gas repricing will ensure that operational costs align with actual execution time.The multi-dimensional gas mechanism will be implemented in phases, starting with Glamsterdam, where the "state creation" cost will be separated from the "execution and calldata" cost, with state creation gas not counted towards the approximately 16 million transaction gas limit. The EVM level will introduce a "reservoir" dimension mechanism, which will prioritize the consumption of dedicated dimension gas by default, and when insufficient, will draw from the reservoir. This will eventually transition to multi-dimensional pricing, where different dimensions may have different floating gas prices.Long-term scalability includes ZK-EVM and blob components. In terms of blobs, there are plans to continuously iterate PeerDAS, aiming to achieve approximately 8MB of data processing capacity per second, with future Ethereum block data directly entering blobs.The ZK-EVM aspect will be implemented in phases: by 2026, there will be a validator client supporting ZK-EVM, allowing about 5% of the network to rely on it; by 2027, this will expand to a larger proportion of a few nodes while advancing formal verification; once conditions are mature, it will transition to a five-out-of-three mandatory proof mechanism, ultimately continuously enhancing the security and formal verification level of ZK-EVM, and involving changes to VMs such as RISC-V.

Minnesota Democratic-Farmer-Labor Party representative Erin Koegel recently introduced bill HF 3642, aimed at banning the placement and operation of cryptocurrency kiosks statewide. The proposal stems from multiple reports of scams targeting the elderly by local law enforcement, with some victims facing severe financial difficulties as a result. The Minnesota Department of Commerce has stated it "strongly supports" the bill and plans to introduce a broader consumer protection proposal in the coming days.Reportedly, there are currently about 350 cryptocurrency ATMs operated by 8 to 10 companies in Minnesota. Last year, the state received 70 related complaints, reporting total losses of $540,000. The bill would repeal the existing regulatory framework established in 2024, including disclosure requirements and transaction limits.

Starting from April 6, with the new fiscal year, UK investors will no longer be able to add cryptocurrency exchange-traded notes (ETNs) to their Stocks and Shares ISA tax-free accounts.The UK tax authority HM Revenue and Customs (HMRC) has classified cryptocurrency ETNs as an asset class applicable only to the Innovative Finance ISA, and currently, there are no mainstream platforms planning to offer related product support. Investors who already hold cryptocurrency ETNs in their ISA accounts are not required to sell them. HMRC stated that, given the innovative nature of cryptocurrency assets and the fact that the market is still developing, it will continue to assess whether related policies need to be adjusted in the future.

According to the WSJ, on February 24, the court-appointed bankruptcy administrator of Terraform Labs has sued Jane Street in the federal court in New York, accusing it of engaging in front-running trades and profiting from non-public insider information provided by Terra insiders during the Terra collapse. The lawsuit reveals that Jane Street established a secret communication channel with Terraform Labs employees through former intern Bryce Pratt to obtain non-public confidential information. On May 7, 2022, Terraform Labs withdrew 150 million TerraUSD (UST) from the Curve liquidity pool without prior announcement, and Jane Street followed suit by withdrawing approximately 85 million UST through affiliated wallets in less than 10 minutes, completing the "front-running" trade before a massive market panic and the complete de-pegging of UST, which not only resulted in illegal profits but also accelerated the collapse of Terraform Labs and the Terra ecosystem.A spokesperson for Jane Street responded to the accusations from the Terraform Labs bankruptcy administrator, stating that the lawsuit is an attempt to extract money from Jane Street, and that Jane Street will vigorously defend its rights against "baseless and opportunistic allegations." In addition to the Terraform lawsuit, Jane Street was accused of market manipulation in India last year, resulting in the freezing of assets worth approximately 4.843 billion rupees (about 565 million dollars) and a ban on trading in the Indian securities market. There are also rumors that Chinese regulators are reviewing Jane Street's trading patterns in the Chinese ETF market.The crypto community has noted that since Jane Street was sued, the daily "10 AM crash" of Bitcoin (Eastern Time) has suddenly disappeared, with Bitcoin rising by 10% and its market capitalization increasing by approximately 120 billion dollars, marking the first green weekly candle for BTC after five consecutive red ones. During the same period, the total market capitalization of the cryptocurrency market also increased by nearly 200 billion dollars. Bloomberg ETF analyst Eric Balchunas stated, "This 'threat' has disappeared, which is the atmosphere felt today in CT and price movements. I also understand that the previous significant intraday drops nearly destroyed every rebound and undermined everyone's confidence. But is simply eliminating it enough to support a sustained rebound? We shall see."Speculation surrounding Jane Street has reignited discussions about the trading mechanism of Bitcoin spot ETFs. Analysts point out that the share creation and redemption of spot ETFs can be completed by authorized participants (APs) under a regulatory exemption framework, and does not necessarily require immediate buying and selling of Bitcoin in the public market; in cases of futures contango, APs may also hedge and protect through derivatives such as futures, leading to a time lag between ETF fund inflows and spot buying and short-term price performance.As a leading global quantitative trading giant, Jane Street has a broad presence in the cryptocurrency sector, primarily focused on infrastructure, DeFi, and crypto mining. Public information shows that Jane Street has invested in several crypto-native projects, including: ZetaChain, Arbitrum, 1inch, Euler Finance, Membrane Labs, Kaito, Vest Exchange, and others.In terms of equity, Jane Street significantly increased its holdings in several crypto mining companies through the secondary market between 2024 and 2026, including: approximately 5.4% of Bitfarms (BITF); approximately 5% of Cipher Mining (CIFR); and approximately 5% of Hut 8 (HUT). Additionally, Jane Street participated in multiple rounds of Kraken financing last year. Jane Street is also one of the main liquidity providers and stockholders of Coinbase.

AI Economic Payment and Settlement Layer AEON disclosed its operational data for 2025. Its products AI Payment and Web3 mobile payment product AEON Pay processed a total of 5.7 million transactions throughout the year, with a total transaction amount exceeding 263 million USD. The global user base reached 1.81 million, and the scale of AI-native payments is showing a growth trend. Currently, AEON's payment network covers over 50 million merchants in regions such as Southeast Asia, Latin America, and Africa, supporting AI payment standards like x402 and ERC-8004, promoting the practical application of AI-native payments in real business scenarios.

According to Jinshi reports, Fed's Schmid stated that the Federal Reserve needs several years to gradually reduce the scale of its mortgage-backed securities holdings.

The Aave community governance conflict has escalated again. The Aave Chan Initiative (ACI) and its founder Marc Zeller released an "audit" report targeting Aave Labs on the eve of a vote for a $51 million proposal known as "the largest funding request in Aave's history," sparking widespread discussion.ACI stated on social media that before the "$51M Aave Will Win" proposal enters Snapshot voting, the community should examine Aave Labs' past performance and its cumulative use of approximately $86 million in funds. Zeller mentioned that ACI has already released its own transparency report and evaluated Aave Labs using the framework of "what was delivered, how much it cost, and what the returns were." The report pointed out that Aave Labs has a cumulative "total capitalization" of about $86 million, which includes: $16.2 million from the 2017 ICO financing, $32.5 million from VC funding rounds, $31.93 million from direct DAO grants, and approximately $5.5 million categorized as "unapproved" swap fees.Zeller also noted that the founding team once held 23% of the initial supply of LEND (which later migrated to AAVE), but the current AAVE holdings have not been publicly disclosed. The report questions why Aave Labs has not released an "accountability report" that includes cost-output ratios, financial disclosures, and wallet transparency, arguing that information disclosure remains insufficient in the context of receiving large amounts of funding over the long term.

The underlying public chain BOT Chain, designed for large-scale Web3 applications, announces the official launch of its mainnet. Through a three-layer decoupled architecture, this chain standardizes functionalities such as DeFi, NFT, and AI Agent, allowing developers to avoid writing smart contracts from scratch, significantly improving development efficiency.In terms of technological innovation, BOT Chain has introduced the AIDID native identity protocol, granting AI agents on-chain accounts and credit; it also pioneers a dual mining mechanism combining PoS staking and DePIN hardware contributions, allowing validation nodes to receive dual rewards, deeply binding network security with real computing power.The public chain has completed a $15 million strategic financing round led by institutions such as the NIX Foundation, Alpha Capital, and Gemhead Capital, and has passed a security audit by CertiK. BOT Chain's chief architect Alexander Ververis stated, "Our goal is not to create a 'faster and cheaper' chain, but to enable millions of developers to innovate easily, allow AI agents to become on-chain residents, and let value return to real growth on the network."

According to SoSoValue data, yesterday (Eastern Time, February 24) the total net inflow for Ethereum spot ETFs was $9.2271 million.The Ethereum spot ETF with the highest single-day net inflow yesterday was the Grayscale Ethereum Trust ETF (ETH), with a single-day net inflow of $11.0795 million. Currently, the historical total net inflow for ETH has reached $1.713 billion.The Ethereum spot ETF with the highest single-day net outflow yesterday was the Fidelity ETF (FETH), with a single-day net outflow of $1.8524 million. Currently, the historical total net inflow for FETH has reached $2.462 billion.As of the time of writing, the total net asset value of Ethereum spot ETFs is $10.474 billion, with an ETF net asset ratio (market value as a percentage of Ethereum's total market value) of 4.67%. The historical cumulative net inflow has reached $11.484 billion.

Vitalik Buterin expressed support for the AI company Anthropic in adhering to two ethical principles: "not developing fully autonomous weapons" and "not engaging in large-scale surveillance for the U.S." He praised their determination in the face of government pressure. Vitalik believes that in an ideal world, such high-risk applications should only be accessible at the level of open-source LLMs (i.e., a level where everyone can access it equally); even achieving just 10% progress could reduce the risks of autonomous weapons and privacy violations, promoting safer AI development.Previously, it was reported that the Pentagon recently threatened to cut ties with Anthropic, which could lead to a loss of a $200 million contract, because Anthropic refused to provide AI technology for military use without human intervention.

According to Kommersant, Russian President Vladimir Putin has signed a new law that grants Russian courts new powers to confiscate cryptocurrencies in criminal investigations.The law will amend the Russian Criminal Code to classify cryptocurrencies as a form of intangible property. Elena Ardabyeva, Deputy Minister of Justice of Russia, stated that the law formally incorporates existing digital asset confiscation protocols into the legal framework and provides a legal avenue for cooperation with foreign cryptocurrency exchanges.The law stipulates that requests for the confiscation of cryptocurrencies made by police or prosecutors must include detailed information such as the type of tokens, quantity, and wallet addresses. Experts suggest that the Kremlin may begin to block citizens' access to foreign cryptocurrency exchanges this year.

The U.S. Attorney's Office for the Eastern District of North Carolina announced the seizure of over $61 million in USDT. These funds were traced to cryptocurrency addresses associated with "pig butchering" cryptocurrency investment scams.The investigation revealed that criminals often gain victims' trust under the pretense of establishing romantic relationships, then claim to have professional skills in generating high profits through cryptocurrency trading, guiding victims to use fake trading platforms that mimic legitimate ones. These platforms showcase fictitious high-return portfolios to entice victims to increase their investments. When victims attempt to withdraw funds, the scammers further extract money under the pretext of needing to pay "taxes" or "fees."

According to PRNewswire, Hyperscale Data, a company listed on NYSE American, announced that its Bitcoin treasury holdings have increased to 605.9923 BTC, with a total market value of approximately $41 million. Among them, its wholly-owned subsidiary Sentinum holds 559.8663 Bitcoins (including about 440 Bitcoins acquired on the open market and approximately 119 Bitcoins obtained from its Bitcoin mining operations, as well as about 46 BTC purchased from the open market by another subsidiary, ACG). Its goal is to reach a Bitcoin value of $100 million on its balance sheet.

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.

UBS reiterates its positive stance on gold, expecting the international spot gold target price to reach $6,200 per ounce in the coming months. Analysts believe that geopolitical risks will remain high amid tensions between the U.S. and Iran, while the Federal Reserve's easing cycle is expected to continue, putting pressure on real interest rates.Analysts point out that global gold demand will exceed 5,000 tons by 2025. UBS expects that with stronger investment flows and continued purchases by central banks, gold prices will rise further. On the supply side, growth appears to be constrained.While high gold prices may incentivize exploration activities, consulting firm Wood Mackenzie estimates that by 2028, about 80 mines will exhaust their current production plans, indicating limited supply elasticity in the short term.

According to The Block, Australian police have charged a 42-year-old man with operating a cryptocurrency investment scam that defrauded over 190 elderly and vulnerable individuals of a total of 5 million AUD (approximately 35 million USD). The man has been granted conditional bail and is set to appear in Burwood Local Court on March 17.According to a police statement, the cybercrime unit Strike Force Resaca executed search warrants in Strathfield and Cammeray on Friday morning, seizing electronic devices and documents related to the case. At the Strathfield residence, police arrested the 42-year-old suspect and charged him with "dealing with the proceeds of crime," involving money laundering through an online platform. A second man, aged 36, was arrested in Cammeray and has been released pending further investigation.The investigation revealed that since November 2025, victims were contacted via social media by individuals claiming to be investment advisors, who guided them to deposit funds into a digital currency trading platform called "NEXOpayment." Victims believed they were purchasing cryptocurrencies, stocks, or other legitimate investment products, but the funds were actually transferred multiple times into different crypto wallets and exchanges, displaying a typical money laundering pattern.