Midday News Update #Web3
💰 #LIBRA Team Profits: LookOnChain reveals 8 team wallets secured $107M total, including 57.6M USDC and 249,671 SOL (~$49.7M) through liquidity operations and fees.
🚨 KIP Protocol Clarifies: Development team behind LIBRA distances from President Milei, stating project is private enterprise despite earlier presidential tweet (now deleted) about token contract.
🎯 #BNB Chain's Memecoin Initiative: Launches $4.4M liquidity support plan starting Feb 18, targeting qualified memecoins with permanent liquidity injection. Requirements include $1M+ market cap and 1000+ active holders.
📊 $ETH ETF Update: Total net inflow hits $11.65M on Feb 14, led by Fidelity's FETH ($11.65M). Total ETF assets reach $10.35B, representing 3.15% of ETH market cap.
📉 Goldman's #GBTC Position: Holdings reduced to $3.6M as firm increases BlackRock and Fidelity Bitcoin ETF exposure. GBTC's BTC holdings drop to ~200,000 ($19.45B).
