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[2/3] 9. Regulation and Judiciary: Russia passed a bill on procedures for the seizure/confiscation of cryptocurrencies in criminal cases; the former CEO of SafeMoon was sentenced to 8 years in prison; the SBF applied for a retrial of the Russian bill confirming that cryptocurrencies are "property" and can be transferred to national wallets and cooperate with foreign exchanges (subject to subsequent procedures); the former CEO of SafeMoon was sentenced to 8 years in prison and had his assets confiscated for fraud and other crimes; the SBF filed a motion requesting a retrial of the FTX fraud case and requesting the judge's recusal. (PANews | Foresight News | Foresight News | TechFlow) Market Analysis 1. Market conditions and liquidation: BTC briefly fell below $67,000 and BNB briefly fell below $600; approximately $124 million in liquidations occurred across the network in 4 hours. Amid a general market decline, short-term volatility intensified; some data sources show that BTC fell by about 3% in 24 hours and BNB fell by about 5% in 24 hours, with liquidations across the network rapidly increasing. (The Block | Odaily | BlockBeats) 2. ETF Funds: On February 10th (Eastern Time), the spot BTC ETF saw a net inflow of approximately $167 million; the spot ETH ETF saw a net inflow of approximately $13.82 million. BTC saw net inflows for the third consecutive day; ETH saw net inflows for the second consecutive day, with Grayscale's Ethereum Mini Trust contributing the most. (SoSoValue/WuBlockchain | Foresight News) 3. Macroeconomic Outlook: The release of the US January non-farm payrolls report was delayed due to a brief shutdown, which may be accompanied by a significant downward revision of the 2025 employment annual benchmark. The market is focused on the delayed non-farm payrolls report and the possible annual benchmark revision (some estimates suggest that the 2025 employment figure may be revised down by about 911,000), which may increase the volatility of risky assets. At the same time, FOMC voting members released hawkish language, emphasizing that interest rates will remain unchanged and not ruling out the possibility of rate hikes. (BlockBeats | Odaily | BlockBeats) 4. On-chain/Derivatives Risk Monitoring: ETH exhibits high liquidation intensity zones around $1,900 and $2,100. According to Coinglass, if ETH falls below $1,900, the liquidation intensity of long positions is approximately $408 million; if it breaks through $2,100, the liquidation intensity of short positions is approximately $1.027 billion. (BlockBeats) 5. Funding and Supply: In the past 24 hours, CEX saw a net outflow of approximately 59,400 ETH and 1,533 BTC; miners' "surrender phase" and difficulty reduction led to net outflows of ETH and BTC at the exchange level; mining reports indicate that unit hashrate revenue is under pressure, the total cost of a single BTC is higher than the market price, and the difficulty was reduced by approximately 11% on February 9th. (BlockBeats) ━━ Project Updates ━━ 1. Stripe preview version supports x402: Settlement in USDC at Base, targeting "AI agent payments"; and it has been revealed to be incubating the stablecoin payment L1 "Tempo". Stripe integrates x402 via the PaymentIntents API to support charging AI agents and says it will expand to more protocols/chains/currencies; related reports also mention the Tempo testnet and funding information (subject to the original report). (BlockBeats) 2. LayerZero releases new L1 architecture "Zero," sparking heated discussion: ZK proves decoupling of execution and verification; mainnet planned for the second half of 2026 (still in the white paper stage). The project claims to have high scalability and a multi-sharding architecture, but key metrics still need to be verified; market news also caused ZRO to fluctuate sharply in the short term. (BlockBeats | Foresight News | PANews) 3. Espresso will launch the ESP token and conduct its first airdrop: 10% of the initial supply will be used for the first airdrop, covering more than 1 million addresses. Approximately 24.81% will be reserved for future airdrops/grants/rewards, and a "Holder Score" will be introduced to measure long-term inclination. (Foresight News | TechFlow) 4. Institutional and Compliant Products: Spark launches Prime and Institutional Lending; Blockchain.com Obtains UK FCA Registration; LSEG advances DMI access for private equity funds Spark connects on-chain stablecoin liquidity with off-chain credit/custody for institutions; Blockchain.com can provide brokerage, custody and institutional services in the UK; LSEG plans to launch an end-to-end digital distribution network for private markets on its blockchain DMI (expected in the first half of 2026). (Foresight News | PANews | TechFlow) 5. Ecosystem and Tools: TON Wallet supports BTC/ETH (including wrapped assets, though the definition varies); Monad launches the Nitro Accelerator; SafePal and Solana launch $3 million in incentives. TON Wallet announced support for BTC and ETH asset forms within Telegram (different sources use BTC/ETH or wETH/cbBTC terminology); Monad Nitro plans to select 15 teams, each receiving $500,000 in support; SafePal and Solana launched ecosystem incentives and distributed customized hardware wallets. (TechFlow | Foresight News | BlockBeats) ━━ Other ━━

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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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