PANews reported on February 20th that Binance Alpha will airdrop tokens today at 18:00 (UTC+8). Users with at least 251 Alpha points can claim tokens on a first-come, first-served basis until the airdrop pool is exhausted or the airdrop event ends. More details will be announced soon.

PANews reported on February 20 that the Hong Kong Securities and Futures Commission (SFC) has listed the "HOMEO Trend" token as a suspicious investment product. It is understood that the product was allegedly offered to the Hong Kong public, claiming that purchasing it would bring investment returns. Information about the token was distributed to investors at seminars held in Hong Kong.

PANews reported on February 20th that World Labs, the startup founded by Fei-Fei Li, has raised $1 billion in a new funding round to pursue a novel approach to AI development. As part of this round, Autodesk Inc. invested $200 million in World Labs. World Labs stated that other backers include Andreessen Horowitz, Nvidia, and AMD. World Labs focuses on developing "World Models," aiming to enable AI to understand and make decisions about the three-dimensional physical world.

PANews reported on February 20 that Unicity Labs, an autonomous internet protocol development company, announced the completion of a $3 million seed funding round led by Blockchange Ventures, with participation from Middle Eastern communications app Tawasal and Web3 early-stage investment firm Outlier Ventures. The company plans to use the new funds to build a peer-to-peer encrypted architecture that enables autonomous AI agents to discover services, verify counterparties, and conduct transactions at machine speed, without the need for intermediaries or shared ledgers.

PANews reported on February 20 that, according to Onchain Lens monitoring, a whale named "0x049" just closed out its long positions in ETH and BTC, incurring a loss of $598,369.

PANews reported on February 20th that Coinbase Chief Legal Officer paulgrewal.eth stated in an article on the X platform that a US court ruling indicated that ordinary users might perceive Kalshi's product as "similar to, or even indistinguishable from, sports betting." However, the court emphasized that this perception does not alter its legal nature because "a three-hour match, and the Titans winning the match, are both events that occurred," and the related contracts still fall under the "swaps," which are legally subject to the exclusive jurisdiction of the US Commodity Futures Trading Commission (CFTC). paulgrewal.eth believes that this ruling means that even if a product resembles sports betting in form or experience, as long as its structure meets the definition of a swap and is traded on a regulated exchange, it remains subject to the CFTC's regulatory framework.

PANews reported on February 20th that, according to Coinglass data, the Coinbase Bitcoin Premium Index has been in negative territory for 36 consecutive days, currently at -0.0467%. This surpasses the approximately 30 consecutive days of negative premiums during the "10/11 crash" and is the longest consecutive negative period since May 2023. The Coinbase Bitcoin Premium Index measures the difference between the price of Bitcoin on Coinbase and the average price in the global market. A negative premium typically reflects significant selling pressure in the US market, decreased investor risk appetite, increased market risk aversion, or capital outflows.

PANews reported on February 20 that Hyperbot data shows that Huang Licheng, nicknamed "Machi Dage," placed nine limit sell orders for ETH in the $1,966 to $2,002 price range. Currently, his 25x leveraged long position in Ethereum still holds 7,800 ETH, with a liquidation price of $1,906, resulting in a floating loss of approximately $220,000.

PANews reported on February 20th that, according to CoinDesk, Bitcoin has fallen 23% in the first 50 trading days of 2026, marking its worst start to a year on record. Bitcoin fell 10% in January and further declined by 15% in February. If the decline continues, this will be the first time in history that Bitcoin has recorded two consecutive months of losses (January and February), and it could also be the weakest consecutive monthly performance since 2022. On-chain data platform Checkonchain points out that in typical declining years, the average index reading on the 50th day is 0.84, while the current reading is 0.77, highlighting the significant magnitude of this pullback. It is worth noting that Bitcoin fell 17% in 2025. Historically, years following a US presidential election typically outperform election years and most rising years, making this continued weakness particularly pronounced.

PANews reported on February 20th that Jake Chervinsky, CEO of the Hyperliquid Policy Center, a lobbying group for Hyperliquid, stated in an article on the X platform that front-end interfaces connecting to decentralized exchange protocols should not be required to perform KYC (Know Your Customer). He argued that US law does not, and should not, force non-custodial software developers to "monitor" users without a warrant, as financial privacy is a fundamental right. While regulators cannot turn a blind eye to illicit on-chain financial activities, even those far smaller than those in the traditional financial system (TradFi), the solution is not simply to apply old regulations that exclude billions of people from the financial system to new technologies that can provide better solutions.

PANews reported on February 20th that Glassnode, an on-chain data analytics platform, published an article on its X platform stating that since the beginning of February, every attempt by Bitcoin to reclaim the $70,000 mark has been met with a drying up of demand, leading to another decline. Data shows that even a net outflow of over $5 million in realized profits per hour is enough to trigger a price pullback. In contrast, during the market euphoria of Q3 2025, profit-taking surged to $200 million to $350 million per hour, yet the price still maintained an upward trend, indicating significantly stronger buying support at that time. Glassnode points out that the current market is in a structurally illiquid environment, making it significantly more challenging for Bitcoin to sustain a recovery in the $70,000 to $80,000 range, and the rebound process may be more tortuous.

PANews reported on February 20th that Strategy CEO Phong Le stated in an article on the X platform that the Basel Accords set global capital standards and risk-weighted asset rules for banks. These frameworks substantially impact how banks participate in digital asset (including Bitcoin) related businesses. These rules are developed by the Basel Committee (composed of central banks and regulatory agencies from 28 jurisdictions, with the United States being just one of them). If the United States aspires to become the "global crypto capital," it needs to carefully reassess the implementation methods of capital requirements and risk weighting under the Basel framework.

PANews reported on February 20th that, according to on-chain analyst Ai Yi, a major whale added another 5,000 ETH to its long position yesterday. Currently, two addresses hold a total of 105,000 ETH in long positions (worth approximately $203 million). The opening prices were $2,029.38 and $2,010.39 respectively, and the liquidation prices were $1,269.14 and $1,288.49 respectively.

PANews reported on February 20th that Eric Balchunas, a senior ETF analyst at Bloomberg, pointed out in an article published on the X platform that Bitcoin ETFs saw a cumulative net inflow of $63 billion in October last year, and are currently at $53 billion, meaning a net increase of $53 billion in just two years. He stated that his team (more optimistic than most of their peers) originally predicted inflows of only $5-15 billion in the first year. This data is of significant reference value for understanding the $8 billion ETF outflow after Bitcoin's 45% drop and the relationship between Bitcoin and Wall Street. Currently, the overall influence of Wall Street continues to be positive.

PANews reported on February 20 that, according to an official announcement, Bithumb will launch a trading pair for Aztek (AZTEC) Korean Won.

PANews reported on February 20 that, according to an official announcement, Upbit will launch spot trading for AZTEC.

PANews reported on February 20th that, according to a Huobi HTX announcement, Huobi HTX will open HYPE deposit services at 12:00 (GMT+8) on February 20th. HYPE/USDT spot trading will open at 20:00 (GMT+8) on February 20th. HYPE withdrawal services will open at 20:00 (GMT+8) on February 21st. Hyperliquid is reportedly a leading PerpDEX project that has recently gained popularity. Its flagship native application is a fully on-chain order book perpetual contract exchange, namely Hyperliquid DEX. Hyperliquid is a high-performance L1 platform optimized from the ground up, with the vision of creating a fully on-chain open financial system.

PANews reported on February 20 that, according to Onchain Lens monitoring, a newly created address withdrew 7,000 ETH from Binance in the past hour, worth $13.55 million. The address currently holds 7,100 ETH, worth approximately $13.74 million.

PANews reported on February 20th that Balancer announced on its X platform that it received a security report from the bug bounty platform Immunefi regarding Balancer's reCLAMM (re-adjustment of centralized liquidity AMM). Out of an abundance of caution, Balancer has suspended the operation of the relevant liquidity pool during the investigation. Currently, user funds are safe and fully accessible, and further updates will be provided.

PANews reported on February 20th that, according to Onchain Lens monitoring, as the market stabilizes, the total unrealized profit of three whales shorting ETH has exceeded $24 million. Specifically: - Whale “0xed4” holds a 25x leveraged short position with an unrealized profit of $8.8 million; - Whale “0x0b0” holds a 20x leveraged short position with an unrealized profit of $8.4 million; - Whale “0x20c” holds a 25x leveraged short position with an unrealized profit of $8.4 million.