Malaysia's Central Bank Launches Asset Tokenization Initiative
AI Summary According to PANews, Malaysia's central bank has initiated a three-year exploration program focused on the tokenization of real-world assets. This initiative includes the establishment of a digital asset innovation center and an industry working group to gather feedback on potential applications, ranging from supply chain finance to Islamic financial products. The central bank's latest report outlines a phased implementation plan, beginning with proof-of-concept and pilot projects in 2026, followed by an expansion of trials in 2027. The bank has invited industry stakeholders to submit application case opinions by March 1, 2026, while also specifying which cases meet the experimental conditions. #BTC☀️
Zhoushan Court Concludes USDT-Related Crime Case AI Summary According to Foresight News, the Zhoushan Dinghai Court recently concluded a case involving the use of USDT transactions for criminal activities. Between October 2022 and August 2023, an individual named Huang organized a group, including Yao, Guo, Yu, and others, to register multiple 'businesses' on a foreign virtual currency platform. They profited through joint dividends and buying USDT at low prices to sell high. The court noted that the suspects were aware of potential illegal activities upstream in the transactions. Despite this, they used employee WeChat accounts to receive transfers from victims Gan and Wen, subsequently depositing Tether into designated accounts to facilitate the transfer of funds related to telecom fraud and other crimes. During this period, the 'businesses' frequently encountered WeChat account suspensions and freezes due to suspected fraud. The involved parties resorted to fabricating false transaction screenshots and courier numbers to unfreeze accounts or switched accounts to evade regulation. The Dinghai Court considered the roles of each defendant in the joint crime, their restitution efforts, and their attitudes towards admitting guilt. Huang was sentenced to two years and eleven months in prison and fined $50,000 yuan for aiding information network criminal activities. Nine accomplices, including Yao and Guo, received sentences ranging from seven months to two years and three months, all with probation, and were fined. The court ordered the return of $877,000 yuan in seized illicit funds to the victims, and the confiscation of mobile phones, hard drives, and other tools used in the crime. #USDT
Bitcoin's Volatility Remains Low Amid Halving Period
AI Summary According to Odaily, the current Bitcoin halving period is marked by an unusual calm in the market, contrasting with the significant price fluctuations seen in previous cycles. Data from CoinGlass indicates that Bitcoin's volatility is now below 2%, reaching historical lows. In contrast, during the third halving period around 2020, volatility exceeded 5%. Keiji Maeda, an executive at Japanese crypto company BACKSEAT, suggests that the traditional expectations for Bitcoin halving periods have collapsed. He believes that a stable bull market may continue as market liquidity increases, reducing the impact of short-term trading by individual investors. The self-fulfilling nature of speculative selling driven by past experiences appears to have diminished in its ability to influence market trends. #BTC
According to Odaily, EtherFi CEO Mike Silagadze has addressed community concerns regarding potential upstream and downstream issues within the company. These concerns arose after reports surfaced of a credit card, which had never been used for any transactions or pre-authorizations, being fraudulently charged. Silagadze stated that the company is actively investigating the matter and is in communication with its credit card partners. He assured that all users affected by fraudulent transactions will receive refunds.
According to Foresight News, Circle has announced the launch of USDC, CCTP V2, Circle Wallets, and Circle Contracts on the Monad platform. These services will support developers building applications on Monad by providing decentralized finance (DeFi) and trading applications, payment and fintech solutions, wallets, and cross-chain services. #USDT
Marathon Digital Acquires Exaion with Restrictions on AI and Bitcoin Mining
According to PANews, Marathon Digital has finalized the acquisition of Exaion, a subsidiary of the French energy company EDF. The terms of the agreement explicitly prohibit EDF from utilizing its computing power for AI training or Bitcoin mining activities.
Circle Expands Services with Launch on Monad According to Foresight News, Circle has announced the launch of USDC, CCTP V2, Circle Wallets, and Circle Contracts on the Monad platform. These services will support developers building applications on Monad by providing decentralized finance (DeFi) and trading applications, payment and fintech solutions, wallets, and cross-chain services.
Bitcoin Faces Critical Cost Threshold, Potential for Significant Rebound
According to BlockBeats, glassnode has reported that Bitcoin is once again testing the crucial cost threshold of approximately $109,000, identified as the 0.85 cost zone. Historically, this level has served as a significant dividing line. Maintaining this level often leads to substantial rebounds, while failing to hold it typically results in further declines to the 0.75 cost zone, around $98,000.
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