Trump posted on social media that his digital asset executive order instructs the presidential working group to advance the strategic reserve of cryptocurrencies including XRP, SOL and ADA. Trump also said that he would ensure that the United States becomes the world's cryptocurrency capital and is making America great again.
Later in the news, Trump said that BTC, ETH and other valuable cryptocurrencies will form the core of the reserves .
David Sacks, the White House AI and cryptocurrency director and "crypto czar," posted on the platform: "President Trump announced a crypto strategic reserve consisting of Bitcoin and other top cryptocurrencies. This is consistent with his first week's Executive Order 14178. President Trump is fulfilling his promise to make the United States the 'crypto capital of the world.' More will be revealed at the White House Crypto Summit on March 7."
According to the official account of the Cyber Security Bureau of the Ministry of Public Security, fake DeepSeek websites and Trojan viruses have appeared on the Internet one after another, causing great trouble and security risks to the general public. It is reported that the criminal gang launched the "DeepSeek" blockchain project, claiming to be a distributed ledger project developed based on DeepSeek technology, attracting many investors to participate in crowdfunding. After raising a large amount of funds, the team disappeared. Recently, many people have been pulled into the so-called "DeepSeek official group". Some people in the group claimed that they could provide "internal test qualifications" or "advanced courses" and created the virtual currency "DeepSeekCoin", which attracted a large number of investors to buy. As a result, the funds invested by investors were wasted. The Internet police reminded people to take precautions, download genuine DeepSeek from the official website and mainstream application markets, and be alert to various security risks to avoid the possibility of downloading counterfeit programs from the source.
Mario Nawfal, founder of IBC Group, published an article on the X platform to disclose the details of Musk's interview with Joe Rogan Experience. It is reported that Musk said that DOGE was originally just a joke. He wanted to use DOGE to name the "Department of Government Efficiency" because it was a "boring name" in itself. When talking about Tesla, Musk said that when he joined Tesla, the company had nothing, no cars and employees, and did not exist in any meaningful form. When talking about OpenAI, Musk said: "OpenAI was my idea. OpenAI should be open source because I want to start something opposite to Google because they don't pay attention to the safety of artificial intelligence."
Cronos proposes to re-issue 70 billion burned tokens to “create the Cronos Strategic Reserve”
Cronos said on the X platform that a new proposal was posted for voting on the Cronos POS governance forum today, which "aims to restore Cronos to its golden age and will invest huge funds to support the Cronos roadmap (including ETFs) and the United States' ambition to become the global cryptocurrency capital." To achieve this goal, the Cronos Strategic Reserve will be established by reversing the token destruction in February 2021 (i.e. 70 billion CRO). (That is, the total supply is restored to the original 100 billion CRO). The Strategic Reserve will add another 5-year lock-up period to the 5-year lock-up period that has passed since the first Ethereum issuance of CRO, bringing the total vesting period to 10 years.
Brazilian soccer star Ronaldinho retweets Binance co-founder CZ’s “Keep Building!”
Brazilian football star Ronaldinho Gaúcho retweeted Binance co-founder CZ's tweet "Keep Building!" and added "On it!" on X platform. Ronaldinho also said that ordinary players go with the flow, while legendary players can see things that others cannot see. Previously, Ronaldinho warned the community to be wary of fake meme coins named after him and revealed that he might release important news.
CryptoQuant CEO: Ethereum has internal problems, the team may no longer trust the leadership
Ki Young Ju, founder and CEO of CryptoQuant, retweeted Vitalik Buterin’s tweet on the X platform, claiming that “Ethereum needs a lot of young blood.” He said that Ethereum is facing risks: • Ethereum’s leadership does not respect the team, and the team or does not trust the leadership. • Skilled developers are developing elsewhere. • Ethereum’s leaders want to exit, but there is no clear successor. • Vitalik Buterin’s words revealed that Ethereum has internal problems.
Ella Zhang, head of YZi Labs (formerly Binance Labs), retweeted CZ's "crazy idea for tokens" tweet yesterday on the X platform, and announced that if there are long-term builders who want to create projects based on CZ's idea, they can submit an application to YZi Labs and get priority review from YZi Labs. Earlier news, CZ released a crazy idea for token issuance. Initially, 10% of the tokens were unlocked and sold on the market, and the funds were used for the project team to develop products/platforms, marketing, wages, etc. Subsequent unlocking must meet all of the following conditions: 1. At least 6 months from the last unlocking. 2. The token price must be continuously higher than 2 times the last unlocking price within 30 days before unlocking. 3. A maximum of 5% of the tokens can be unlocked each time.
Safe announced on the X platform that the Safe{Wallet} team has been working with Mandiant over the past few days to conduct a comprehensive forensic investigation and security audit of the Bybit hacking incident. Safe said its team is committed to transparency and the preliminary report results will be released next week.
Decentralized AI protocol Prime Intellect completes $15 million financing, led by Founders Fund
According to official news, the decentralized AI protocol Prime Intellect announced that it has completed $15 million in financing, led by Founders Fund, and participated by Menlo Ventures, Andrej Karpathy (EurekaAI, Tesla, OpenAI), Clem Delangue (Hugging Face), Dylan Patel (SemiAnalysis), Tri Dao (Together.AI), Balaji Srinivasan (Network School), Emad Mostaque (Stability AI, Intelligent Internet), Jake Medwell (8VC co-founder), Brendan McCord (Cosmos Institute), Sandeep Nailwal (Polygon), etc. This brings its total financing amount to more than $20 million. According to reports, Prime Intellect is building a peer-to-peer protocol for computing and intelligence that will enable collective creation, ownership, and access to sovereign open source AI. The Prime Intellect protocol is already running on the testnet, and it has built a trustless, community-driven ecosystem in which contributors will benefit from the models they help create.
Tether Treasury mints 1 billion more USDT on Ethereum
According to Whale Alert, about four minutes ago, Tether Treasury minted an additional 1 billion USDT on Ethereum.
Token Unlocks data shows that ENA, SUI, BERA and other tokens will be unlocked in large amounts next week, including:
- Ethena (ENA) will unlock approximately 2.07 billion tokens at 3:00 pm Beijing time on March 5, accounting for 66.19% of the current circulation, with a value of approximately US$835 million;
- Sui (SUI) will unlock approximately 40.63 million tokens at 8:00 am Beijing time on March 3, accounting for 1.28% of the current circulation, with a value of approximately US$117 million;
- Kaspa (KAS) will unlock approximately 162 million tokens at 8:00 am Beijing time on March 7, accounting for 0.63% of the current circulation, with a value of approximately US$12.8 million;
- Neon (NEON) will unlock approximately 53.91 million tokens at 8:00 a.m. Beijing time on March 7, accounting for 22.51% of the current circulation, with a value of approximately US$8.4 million;
- Staika (STIK) will unlock approximately 1.57 million tokens, worth approximately US$8 million, at 8:00 a.m. Beijing time on March 4.
A whale deposited 400,000 TRUMP to Binance 5 minutes ago, worth $5.57 million
According to ai_9684xtpa monitoring, the whale who built a position of $5.23 million of $TRUMP at an average price of $13.07 four days ago recharged 400,000 TRUMP to Binance five minutes ago, worth $5.57 million. If sold, he will make a profit of $344,000.
The screenshot of the contract order posted by the contract whale "Set 10 Big Goals First" (@jasonleo) on the X platform shows that the whale has closed its long position opened at $83,563.92 in Bitcoin at 2:47 am today, with a closing price of 92,630.6 USDT, and a total profit of 15,394,374.05 USDT.
According to ai_9684xtpa, the ancient Ethereum whale that previously recharged 1,024 ETH to Kraken has cleared its positions, with a total profit of more than $80 million. The sales are as follows: 10,000 ETH were sold at an average price of $4,519 in December 2021 (the peak of the last bull market), making a profit of $45.19 million and successfully escaping the peak; the remaining 10,000 ETH were deposited for staking to earn interest, and were sold in batches starting from November 2023, with the final average selling price of $3,088.
According to Lookonchain monitoring, the wallet associated with the STAR10 team (@10Ronaldinho) spent only 80 BNB (worth $50,000) to purchase 122.45 million STAR10 tokens (12.24% of the total supply). Address 0x01D9...E14D spent 80 BNB (worth $50,000) to purchase 122.45 million STAR10 tokens, and sold 10 million STAR10 tokens for 433 BNB (worth $270,000), leaving 121.44 million STAR10 tokens (worth $33.5 million, 12.14% of the total supply). Address 0x01D9...E14D transferred 0.15 BNB to the STAR10 team wallet (0x8218...AF37) as a handling fee (gas fee). Both address 0x01D9...E14D and the developer wallet (0xb36E...790d) received funds from Allbridge.
According to Lookonchain monitoring, users on Hyperliquid who were 50x long on BTC and ETH have closed most of their long positions, making a profit of more than US$6.8 million in just one day.
According to Deribit executives, Bitcoin ETF saw significant net inflows only on Friday this week, and saw large net outflows on the other four days, with a total weekly net outflow of $2.3907 billion, a total reduction of 26,242.77 BTC. As the U.S. stock market rebounded on Friday, BTC also stopped falling and rebounded to $85,000.
