endorsement

According to Reuters, the cryptocurrency advocacy organization Stand With Crypto, supported by Coinbase, announced endorsements for 32 incumbent congressional candidates for the midterm elections in November. All 32 candidates voted last year in favor of sending the cryptocurrency industry's top legislative priority, the CLARITY Act, out of the House of Representatives, which is currently stalled in the Senate due to opposition from some lawmakers.The list includes key allies in the cryptocurrency industry such as Republican Representatives Tom Emmer and Bill Huizenga, as well as Democratic Representatives Ritchie Torres and Josh Gottheimer, some of whom are facing fiercely competitive races.Mason Lynaugh, Executive Director of Stand With Crypto, stated, "In 2024, we proved that crypto voters are real, and in 2026, we want to demonstrate our organizational mobilization ability; our advocates are a voting bloc that can truly impact outcomes."Stand With Crypto was launched by Coinbase in 2023 to influence elections by mobilizing voters rather than through large-scale campaign spending, and it claims to have over 3 million registered "advocates." In 2024, the cryptocurrency industry invested $170 million to support congressional candidates, most of whom won, and pushed Congress to pass the GENIUS Act for stablecoin regulation. During this midterm election cycle, the cryptocurrency industry has already invested nearly $200 million through channels such as the Fairshake super PAC to continue solidifying its influence in Congress.

According to Front Office Sports, former NBA player Tristan Thompson is suing the UK-based cryptocurrency company World Mobile Group, accusing it of fabricating excuses to terminate a $2 million endorsement deal and continuing to use his name, image, and likeness without authorization.Thompson claims that under an agreement signed in May 2025, he was promised cryptocurrency tokens worth up to $2 million from the company, WMTX. He stated that he had been fulfilling his obligations under the agreement, including promoting the company on social media and participating in public events, but the company terminated their collaboration in March of this year. According to the agreement, World Mobile Group was to make quarterly installment payments of the token amounts. In December 2025, the company informed Thompson that they had unexpectedly issued him more WMTX tokens than anticipated. Thompson stated that he proposed a "reasonable solution: to offset the excess tokens against the upcoming quarterly dividends due in about 60 days." Three months later, the company issued him a "notice of material breach and termination of contract." The case is still pending in court.

Ethereum developers decided during a virtual meeting on Thursday not to include "frame transactions" as a key proposal for the Hegota upgrade expected to be launched in the second half of 2026, despite Vitalik Buterin's public support. Client developers believe the proposal is too complex and are concerned it may delay the upgrade process.Frame transactions aim to introduce native account abstraction and quantum resistance to Ethereum, providing users with a login experience similar to traditional networks and supporting fee-less transactions. Supporters warn that if it is not prioritized, native account abstraction may be difficult to achieve in the long term. The first confirmed key proposal for Hegota is FOCIL, which aims to enhance the network's censorship resistance. Frame transactions were ultimately marked as "consider for inclusion" and will continue to be reviewed as a non-key proposal in subsequent meetings.

Deloitte provides the first reserve endorsement for Tether's USAT stablecoin.

ChainCatcher news, according to market news, Binance founder Zhao Changpeng posted on X platform stating, "In the past few days (at the WebX event), I took hundreds of photos with people. After the speech, I usually spend some time taking pictures with everyone. If arranged properly, we can take 600 selfies in 30 minutes, with each photo taking only 3 seconds. Some people try to communicate/sell to me, but the timing is off. Smart people leave a business card with a sentence written on it. Most people prefer to use the QR code from Signal or WhatsApp. I cannot/will not accept any other documents or gifts, etc. My photos do not represent endorsement/approval. I usually do not know what people are doing."

ChainCatcher news, Trump posted on Truth Social that Harris paid high fees to celebrities like Bruce Springsteen, Beyoncé, Oprah, and Bono for endorsements during the presidential campaign, which constitutes illegal campaign contributions. Trump stated that candidates cannot pay endorsement fees under the guise of entertainment expenses, and Harris's actions were aimed at increasing crowd size, which is illegal. He plans to investigate this matter.

ChainCatcher news reports that, according to 4E monitoring, the U.S. stock market ended February poorly due to weak economic data and the impact of Trump's tariffs, with the Nasdaq leading the decline by nearly 4%, marking the worst monthly performance since April last year. The S&P 500 index fell by a cumulative 1.42%, and the Dow Jones by 1.58%. The seven tech giants saw a continuous decline in the first four days of last week, with stock prices plummeting collectively, only rebounding on Friday. For the week, Tesla had the largest drop of 13.27%, followed by Nvidia with a 7.07% decline, resulting in a total market value loss of $2.2 trillion for the seven giants compared to the December peak.The cryptocurrency market experienced significant volatility, plummeting last week due to U.S. tariff policies, weak macro data, the unlocking of SOL institutions, and the largest outflow of spot ETFs for the week. Bitcoin fell to a low of around $78,000, the lowest since November 11 of last year. ETH and SOL crashed, with many altcoins dropping to all-time lows. Amid extreme market panic, Trump personally "called out" on Sunday, advocating for BTC, ETH, XRP, SOL, and ADA to be included in the national cryptocurrency strategic reserves. The market quickly rebounded on the news, with Bitcoin briefly surpassing $95,000. As of the time of writing, Bitcoin rose 8.5% to $92,969, ETH increased 11% to $2,439, SOL surged 20% to $171, ADA skyrocketed 60% to $1.06, and XRP rose 24% to $2.78.In the foreign exchange and commodities sector, the dollar overall trended downward, with a cumulative decline of about 0.8% in February. International oil prices fell after two consecutive months of increase, with a cumulative drop of over 3% in February, marking the largest monthly decline since September last year. Spot gold plummeted over 2.7% this week, but still saw a cumulative increase of over 2.1% in February.Several U.S. economic data points performed poorly, raising investor concerns about the risk of stagflation. Last week, the U.S. January core PCE met expectations, somewhat alleviating inflation worries. This week, key focuses include the U.S. February non-farm payroll report, the Federal Reserve's economic conditions beige book, Powell's speech, and the White House cryptocurrency summit.

ChainCatcher news, Professional Capital Management founder and CEO Anthony Pompliano posted on the X platform that back in 2021, NFL star Saquon Barkley chose to accept Bitcoin as his endorsement fee, when the price of Bitcoin was around $35,000. It is safe to say that this was one of the best financial decisions made by an athlete in history.It is reported that Saquon Barkley will participate in the Super Bowl.

ChainCatcher News, SEC Chairman Gensler released a statement on the SEC website regarding the approval of Bitcoin spot ETFs. He stated: Although we have approved the listing and trading of certain spot Bitcoin ETP shares today, we have not approved or endorsed Bitcoin. Investors should remain cautious about the numerous risks associated with products related to Bitcoin and its value in the cryptocurrency space.

ChainCatcher message, regarding the report that Zhang Zhilin once endorsed JPEX, Zhang Zhilin's agent responded that they only recently noticed Zhang Zhilin's likeness being used by JPEX and felt quite helpless. Zhang Zhilin had previously received an invitation to shoot an advertisement, at which time JPEX claimed to be registered overseas and provided proof. Therefore, they arranged for the shoot in March last year. However, in May last year, they learned that JPEX "had been regulated by the Securities and Futures Commission" and had formally notified JPEX that they could not use Zhang's likeness for any advertising promotion before obtaining a license in Hong Kong. They stated that they would reserve the right to pursue JPEX.

ChainCatcher news, according to CNBC, Canadian businessman and television personality Kevin O'Leary stated that FTX paid him $15 million for endorsements last year, and he has currently lost that amount. Kevin O'Leary explained that after taxes and agency fees, he invested about $9.7 million in the crypto space and holds over $1 million in FTX equity, which is now worthless.Previously, in mid-November, NFL player Tom Brady, NBA star Steph Curry, as well as Gisele Bundchen and Larry David were named in a class-action lawsuit, which claims they actively participated in the unregistered securities offered or sold by FTX in the form of yield accounts. (source link)