Important information last night and this morning (February 25-February 26)

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02-26
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Important news from last night and this morning (February 25 - February 26)

SEC terminates investigation of Uniswap Labs, takes no enforcement action

According to an announcement by Uniswap Labs, the U.S. Securities and Exchange Commission (SEC) has officially concluded its multi-year investigation and taken no enforcement action. Previously, the SEC had issued a Wells notice to Uniswap Labs, alleging that it operated an unregistered securities exchange, engaged in unregistered brokerage or clearing activities, or issued unregistered securities. The end of this investigation is seen as an affirmation of the compliance of decentralized finance (DeFi).

Uniswap Labs stated that it will continue to engage with regulators to promote the healthy development of the DeFi industry, and is committed to increasing market transparency, reducing transaction costs, and reducing reliance on intermediaries.

SEC confirms receipt of Grayscale's spot Ethereum ETF filing

Ethereum Foundation Executive Director Aya Miyaguchi to transition to President

Aya Miyaguchi, Executive Director of the Ethereum Foundation (EF), will transition to the role of President, continuing to support the foundation's institutional relationships and drive the development of the Ethereum ecosystem. Vitalik Buterin stated that the Ethereum Foundation (EF) is formulating a new leadership structure, with details to be announced soon.

Market news: Nasdaq has filed a 19b-4 application for Grayscale's DOT ETF

OpenAI rolls out Deep Research feature for Plus users

According to an announcement from OpenAI, the Deep Research feature is now fully available to ChatGPT Plus, Team, Edu, and Enterprise users. The feature can embed images with citations and has optimized its understanding and citation capabilities for uploaded files. The Deep Research query quota is as follows: • Plus, Team, Enterprise, and Edu users can use it 10 times per month • Pro users can use it 120 times per month.

Hemi mainnet to launch on March 12, integrating Bitcoin and Ethereum ecosystems

The modular blockchain network Hemi mainnet will officially launch on March 12, 2025, aiming to achieve deep integration of Bitcoin and Ethereum through the Hemi Virtual Machine (hVM). Hemi was founded by early Bitcoin developer Jeff Garzik and blockchain security expert Max Sanchez, dedicated to building a super network that fuses Bitcoin and Ethereum, providing efficient, secure, and scalable Web3 infrastructure.

Media report: Meta discusses $200 billion AI data center project

Bitwise completes $70 million funding, with investments from Electric Capital and others

According to official information, Bitwise has announced the completion of a $70 million funding round, with investments from Electric Capital, MassMutual, MIT Investment Management Company, Highland Capital, Haun Ventures, and ParaFi Capital. The funds will be used to continue Bitwise's development as a leading crypto asset management company.

Currently, Bitwise manages $12 billion in client assets, has over 100 employees, and offers more than 30 investment solutions. The company plans to continue expanding its team and launching new products.

AI company Anthropic plans to raise $3.5 billion, with a valuation of $61.5 billion

According to a Bloomberg report, the artificial intelligence startup Anthropic is about to complete a $3.5 billion funding round, with a valuation of $61.5 billion, higher than its initial fundraising target. Sources revealed that Lightspeed Venture Partners had earlier pushed Anthropic to raise $2 billion, and the fundraising target was later expanded to $3.5 billion, with oversubscription, indicating strong market interest in the company. Potential investors include Menlo Ventures, Bessemer Venture Partners, General Catalyst, and Abu Dhabi's MGX.

Phantom's cross-chain transaction volume has exceeded $1 billion

Microsoft open-sources multimodal AI agent Magma

RWA blockchain development company Mavryk Dynamics raises $5.2 million, led by Ghaf Capital

Bybit launches Lazarus hacker group bounty website, with a total bounty of 10% of recovered funds

Bybit CEO Ben Zhou posted on the X platform that the company has launched a Lazarus hacker group bounty website, which will display transparent data on Lazarus money laundering activities.

The total bounty is 10% of the recovered funds, and if all funds are recovered, the total bounty could reach $140 million. The specific distribution is: 5% to the entity that successfully freezes the funds, and 5% to the contributors who help track the funds.

Infini: Funds are currently stored in the Cobo Custodian wallet, and all Infini card functions are operating normally

Pump.fun has again deposited 87,787 SOL to Kraken, with a total annual transfer of over $260 million in SOL

According to Onchain Lens monitoring, Pump.fun has again deposited 87,787 SOL, worth about $12.58 million, to the Kraken exchange. Since 2025, the platform has transferred a total of 1,322,830 SOL, worth about $260.1 million. Overall, Pump.fun has cumulatively earned 2,990,563 SOL, currently worth about $431 million.

Aave votes to suspend lending on Polygon PoS chain, potentially leading to over $30 million TVL loss

According to The Block, the Aave community has approved a proposal to significantly increase the risk parameters on the Polygon PoS chain, effectively suspending lending services on that chain. Currently, Aave is the DeFi protocol with the highest TVL on Polygon, with over $30 million in deposits.

This move stems from Polygon's proposal last December to utilize over $1 billion in stablecoin reserves for yield generation, which raised concerns in the Aave community. Aave founder Marc Zeller proposed adjusting the risk parameters of Aave v2 and v3 to prevent further deposits and protect users' collateral. Ultimately, the Aave DAO passed the proposal with 692,000 votes in favor and 117,000 votes against, reducing the loan-to-value (LTV) ratios for USDT and USDC on the Polygon PoS chain to 0%.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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