Binance to List KAITO 1-75x USDT-Margined Perpetual Contracts
According to the official announcement, Binance Wealth Management, One-Click Buy, Flash Swap, Leverage, and Contracts will list KAITO. It is expected to list KAITO 1-75x USDT-Margined Perpetual Contracts on February 20, 2025, at 21:00 (UTC+8).
According to Jinshi, the US initial jobless claims for the week ending February 15 were 219,000, expected 215,000, and the previous value was revised from 213,000 to 214,000.
Fox Reporter: US SEC is Very Interested in "Staking", Expected to Issue Relevant Guidance
According to a post by Fox Business reporter Eleanor Terrett on the X platform, sources revealed that the US SEC is very interested in "staking" and has even requested the industry to provide a memorandum detailing different types of Staking and their benefits. The source expects that the US SEC will issue some kind of guidance on Staking in the near future, as it is a topic they are passionate about.
According to the official announcement, the US Securities and Exchange Commission today announced the establishment of the Cyber and Emerging Technologies Unit (CETU), focusing on combating cyber-related misconduct and protecting retail investors from bad actors in the emerging technology space. Led by Laura D'Allaird, CETU replaces the Crypto Assets and Cyber Unit and is composed of about 30 fraud specialists and attorneys from multiple SEC offices.
Specifically, CETU will leverage its employees' extensive financial technology and cyber-related experience to combat misconduct related to securities transactions in the following priority areas:
- Fraud involving the use of emerging technologies such as artificial intelligence and machine learning
- Fraud using social media, the Dark Web, or fake websites
- Hacking to obtain material non-public information
- Takeovers of retail brokerage accounts
- Fraud involving blockchain technology and crypto assets
- Regulated entities' compliance with cybersecurity rules and regulations
- Cybersecurity-related fraudulent disclosures by public companies
Figure Receives SEC Approval to Issue the First Interest-Bearing Stablecoin
According to Fortune, Figure has received SEC approval to issue the first interest-bearing stablecoin, but the agency's spokesperson has not immediately responded to a request for comment. The stablecoin is reportedly named YLDS, developed by digital asset company Figure Markets, will be pegged to the US dollar, and will provide users with a 0.5% yield rate, similar to a savings account.
Coinbase to List Kaito (KAITO)
Coinbase has announced that it will add support for Kaito (KAITO) on the Base network. Do not send this asset through other networks, or your funds may be lost. If liquidity conditions are met, trading will begin later today. Once the asset's supply is sufficient, the KAITO-USD trading pair will be phased in. In some supported jurisdictions, support for KAITO may be restricted.
Vitalik Buterin stated that the Ethereum community in Argentina is full of outstanding builders who have contributed some of the most important software to the Ethereum ecosystem. Argentina indeed has the determination and energy to maintain the current momentum, using cryptocurrencies and other new technologies to build a thriving 21st-century society. The recent news should not be seen as a reason to give up, but as an example of how important education is, and he remains very optimistic about Argentina and Latin America's contributions and role in the crypto space.
Crypto Exchange Kraken Considering Launching a Stablecoin
According to Bloomberg, sources reveal that Kraken is exploring the development of its own stablecoin. This is partly due to the competitive gap caused by new European regulations requiring crypto service providers to delist Tether's USDT and other unlicensed tokens. The source said the token will be pegged to the US dollar and issued by Kraken's Irish subsidiary.
The exchange announced this month that all non-compliant tokens held on the Kraken European platform will be converted to "equivalent stablecoins" starting March 31. If all goes well, this token will not be Kraken's first foray into the digital dollar space. Late last year, the exchange joined an alliance called the Global Dollar Network, which collaborated with Paxos to launch a stablecoin called USDG. Other members, such as Robinhood and Galaxy Digital, are also developing their own stablecoins.
Meanwhile, Crypto.com announced a stablecoin plan in its 2025 roadmap last November, aiming to launch it in the third quarter. Additionally, another source said the exchange plans to launch the token in Europe, having informed clients last month that Tether will be exiting the region by the end of March.
SBF Changes Political Stance in Prison, Supports Trump in Attempt to Seek Pardon
FTX founder Sam Bankman-Fried, during his first interview from the Metropolitan Detention Center in Brooklyn, New York, criticized the Biden administration's "highly politicized" justice system and attempted to seek a pardon from former President Trump. He was sentenced to 25 years for committing one of the largest cryptocurrency fraud cases to date and is currently serving his sentence at the detention center. Bankman-Fried reiterated FTX's claims of solvency but lack of liquidity, as well as the mishandling of the bankruptcy process by the law firm Sullivan & Cromwell.
Argentine Senate Demands Government Report on LIBRA Token Scandal
According to TASS, the Argentine Senate (upper house of Congress) has approved a motion requesting the government to provide a report on the $LIBRA cryptocurrency scandal. However, a proposal to establish a parliamentary commission to investigate the scandal was rejected. The initiative received the support of 47 senators, but 48 votes were needed to initiate the process.
Canary Fund's "Litecoin ETF" Added to DTCC Website
Canary Fund's Litecoin (LTC) ETF has been confirmed to be registered with the Depository Trust & Clearing Corporation (DTCC) under the ticker LTCC. Previously, the US Securities and Exchange Commission (SEC) announced that it had formally received Canary Fund's LTC ETF 19b-4 filing.
Grayscale's XRP ETF Filing Published in Federal Register, SEC Has Until October 18 to Decide
Fox Business reporter Eleanor Terrett tweeted that Grayscale's XRP ETF (19b-4 filing) has been officially published in the Federal Register. This means the US SEC will now enter the review phase and approve or deny it by October 18 or earlier.
Bybit CEO: PI project is a scam, Bybit will not list any suspected scam projects
Bybit CEO Ben Zhou tweeted that in 2023, the Chinese police had issued an official warning about PI, warning the public that this is a scam targeting the elderly, which will leak personal data and result in the loss of pensions, and there are also several other reports questioning the legality of the project. Bybit has not made any listing request to PI, and claims that the statement that PI rejected Bybit's listing or that Bybit did not pass some kind of PI KYB is completely unfounded. If the PI project is real and legal, it should actively respond to these doubts, but instead chose to fabricate lies and make baseless and childish attacks; I still believe that PI is a scam, and Bybit will not list any suspected scam projects.
CoinList will launch Obol token sale on February 25
CoinList announced that it will launch the Obol token sale at 1:00 am (Beijing time) on February 25, with a 30% discount compared to the previous VC investment round. Obol is the foundation for L1 blockchains and decentralized infrastructure networks. The sale details are as follows:
For regular users:
- FDV is $125 million
- Token price is $0.25
- 33% unlocked 6 months after TGE, then linear unlocking over 12 months
For wstETH or weETH holders:
- FDV is $115 million
- Token price is $0.23
- 33% unlocked 6 months after TGE, then linear unlocking over 12 months
- Users also need to hold at least $20 worth of wstETH or weETH on CoinList from March 4, 1:00 to March 11, 1:00 to enjoy the lower price and FDV.
The purchase limit for both options is a minimum of $100 and a maximum of $250,000. After the subscription period ends, users who are not selected for allocation will receive their funds in their CoinList wallets before 1:00 am on March 13. This public sale is not applicable to the United States, China, Canada and certain other jurisdictions.
