News

Jinse Finance reported that, according to crypto journalist Eleanor Terrett, many figures in the crypto industry have come forward to defend Patrick Witt and the White House after an anonymous source, allegedly directly involved in stablecoin yield negotiations, made comments. I shared this post and the reactions on crypto Twitter with a banking industry insider familiar with the negotiations. The source stated that representatives from the banking sector (American Bankers Association, Independent Community Bankers of America, and Bank Policy Institute) who attended last week's White House meeting were confused by this description, did not agree with the anonymous individual's views, and had already conveyed this position to the White House. In addition, they also did not understand why this person would use such "nihilistic" language to describe the situation, pointing out that both sides are still exchanging opinions on the terms and that the March 1 deadline may not be strictly binding.

On February 28, data from gold ETFs showed that as of February 27, the world's largest gold ETF—SPDR Gold Trust—held 1,101.33 tons of gold, an increase of 3.43 tons compared to the previous trading day.

21:00-7:00 Keywords: Block, Amazon, Barclays, Prediction Market 1. Amazon: Amazon will invest $50 billion in OpenAI; 2. Block disclosed that it increased its holdings by 340 bitcoins in Q4, worth $22 million; 3. Barclays Bank is evaluating the construction of a blockchain platform to handle payment and deposit business; 4. OpenAI announced it has received a new investment of $110 billion at a valuation of $730 billion; 5. Former Mt.Gox CEO proposes a bitcoin hard fork to recover $5.2 billion in stolen assets; 6. Litigation director of an exchange: Some U.S. states are "misleading" the public on prediction market issues; 7. Vitalik published an article explaining Ethereum scaling plans, covering short-term gas optimizations and phased deployment of long-term ZK-EVM.