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πŸ“£ Ethereum’s β€˜Pectra’ Upgrade Nears Mainnet After Sepolia Test

Ethereum’s Pectra upgrade successfully launched on the Sepolia testnet, bringing EIP-7251 (raising validator stake limits) and EIP-7702 (smart contract functionality for wallets). However, a failed Holesky test last week raises concerns about mainnet deployment timing, with developers set to discuss the release on March 6.

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πŸ‹ Metaplanet Becomes Asia’s Largest Corporate Bitcoin Holder After 497 BTC Purchase

Metaplanet has surpassed Boyaa Interactive as Asia’s top corporate Bitcoin holder after buying 497 BTC at $88,448 per coin for $44M. The firm now holds 2,888 BTC ($251M), positioning it as the 12th-largest corporate Bitcoin holder globally. Metaplanet’s stock surged 20.9% following the move, as it continues an aggressive accumulation strategy aiming for 21,000 BTC by 2026.

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πŸ‹ El Salvador Defies IMF, Continues Bitcoin Purchases Despite $1.4B Deal

El Salvador’s President Nayib Bukele reaffirmed the country’s commitment to buying Bitcoin, dismissing the IMF’s request to halt acquisitions under a $1.4B financial aid deal. Despite restrictions, El Salvador’s BTC holdings have grown to 6,101 BTC ($527M). Bukele declared, β€œIt won’t stop now, and it won’t stop in the future.” Meanwhile, the government is expanding into AI and tech, attracting investors like a16z and offering 0% tax incentives for tech firms.

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❕ Trump Announces Bitcoin Strategic Reserve

Donald Trump has confirmed the creation of a "Bitcoin Strategic Reserve," with Commerce Secretary Howard Lutnick stating it will be officially unveiled at the White House Crypto Summit on Friday. While BTC is the primary focus, XRP, SOL, and ADA will also be considered. Trump aims to position the U.S. as the "crypto capital of the world" and supports clear regulations to foster industry growth.

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πŸ“£ Jump Trading Reboots U.S. Crypto Operations After Regulatory Retreat

Jump Trading is ramping up its U.S. crypto trading volume and hiring new talent after more than two years of reduced activity due to regulatory pressure. The firm remains under SEC and CFTC investigations and faces a lawsuit from Fracture Labs over alleged DIO token dumping. Despite past scrutiny, Jump is expanding amid signs of a more favorable U.S. regulatory climate.

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πŸ“£White House Crypto Summit to Host Key Industry Leaders

The White House Crypto Summit on March 7 will feature top industry figures, including Coinbase CEO Brian Armstrong, Robinhood CEO Vlad Tenev, and Chainlink co-founder Sergey Nazarov. Government officials like Treasury Secretary Scott Bessent and AI & crypto czar David Sacks are also expected. The closed-door event aims to shape U.S. crypto policy, reinforcing Trump’s push to establish the country as a global leader in digital assets.

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πŸ‹ Whales Accumulate Arbitrum (ARB) After Robinhood US Listing

Robinhood’s listing of Arbitrum (ARB) triggered a 15% rally to $0.42, attracting renewed whale interest. A major buyer spent $1.5M USDT for 3.78M ARB, while market maker Wintermute increased its activity on Uniswap and Binance. Despite past sell pressure, ARB remains the leader in stablecoin liquidity, securing $723M in net inflows last month as DeFi activity rebounds.

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❕ White House Crypto Summit Excludes Cardano's Charles Hoskinson

Cardano co-founder Charles Hoskinson was not invited to the White House Crypto Summit on March 7, despite speculation following Trump's mention of ADA in a U.S. crypto reserve. The event will feature over 25 participants, including Brian Armstrong (Coinbase), Michael Saylor (Strategy), and the Winklevoss twins (Gemini). Other key figures like Vitalik Buterin and Cathie Wood remain unconfirmed.

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πŸ‹ Mt. Gox Moves Over $1B in Bitcoin Amid Repayment Speculation

Mt. Gox transferred 11,834 BTC (~$1B) to an unknown wallet, marking its largest movement since January 2024. The exchange still holds 36,080 BTC (~$3.3B), fueling speculation that preparations for long-awaited creditor repayments may be underway. While no official confirmation has been given, market watchers are closely monitoring further moves from the defunct exchange.

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❕ Uniswap Faces Backlash Over Unichain L2 Launch

Uniswap’s launch of Unichain Layer 2 without consulting the Uniswap DAO has sparked community outrage, with concerns over transparency and centralization. Critics argue that Unichain benefits Uniswap Labs at the expense of UNI holders, who receive no revenue share. Additionally, fears of liquidity fragmentation have emerged, as $21M in incentives could shift liquidity away from Ethereum and other L2s, weakening Uniswap’s market position.

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Avalanche Expands L1 Capabilities with Etna Upgrade

Avalanche’s Etna upgrade has introduced lower transaction fees, dynamic fee structures, and greater developer flexibility for launching independent L1s. This shift moves Avalanche beyond traditional subnets, positioning it as a scalable framework for app-specific chains. The ecosystem is also gaining traction in DeFi, gaming, and SocialFi, supported by new funding initiatives like Retro9000 and InfraBUIDL(), reinforcing Avalanche’s position in the evolving blockchain landscape.

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πŸ“£ Sui Partners with Trump-Inspired World Liberty Financial on Blockchain Collaboration

Sui has announced a collaboration with World Liberty Financial (WLFI), a DeFi protocol inspired by Donald J. Trump. WLFI plans to include Sui assets in its strategic reserve, "Macro Strategy," as part of its efforts to support major DeFi projects. The partnership aims to explore new blockchain applications, leveraging Sui’s scalability and American-born innovation.

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πŸ₯· Safe{Wallet} Confirms North Korean Hackers Behind Security Breach

Safe{Wallet} has shared updates on its investigation into the February 21 attack, confirming that the FBI and Mandiant have attributed the breach to TraderTraitor, a DPRK-linked hacking group. The attack exploited a developer’s compromised laptop to hijack AWS session tokens, bypassing MFA protections. While Safe's smart contracts remain unaffected, the team has implemented enhanced security measures, including a full infrastructure reset, upgraded monitoring, and improved malicious transaction detection.

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πŸ“£ YZi Labs Invests in Tensorplex Labs to Advance Decentralized AI

YZi Labs has invested in Tensorplex Labs, a decentralized AI lab focused on integrating blockchain with AI development. Tensorplex's key projects include Tensorplex Dojo, a decentralized platform for Human-AI collaboration, and Backprop Finance, a DeFi hub for Bittensor’s ecosystem. The investment will support Tensorplex’s expansion, R&D, and the broader adoption of decentralized AI solutions.

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❕ Binance Reverses RedStone (RED) Delisting After Airdrop Controversy

Binance initially suspended RedStone’s RED token listing after the project cut its airdrop from 9.5% to 5%, sparking community backlash. In response, RedStone added 2% to today’s airdrop and pledged another 4.5% in six months, leading Binance to resume the listing. RED’s price rebounded but community trust remains uncertain.

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πŸ“£ Sam Bankman-Fried Hopes for Pardon After Surprise Interview

Sam Bankman-Fried’s crisis PR manager resigned after the unexpected release of his jailhouse interview with Tucker Carlson. In the interview, SBF praised Trump and suggested his political shift toward Republicans may have impacted his sentencing. While FTX has begun repaying creditors, he continues to blame bankruptcy proceedings for the company’s collapse and is reportedly seeking political support for a presidential pardon.

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❕ White House Crypto Summit Set as Trump Hints at Expanding Crypto Reserve

The White House Crypto Summit will take place today at 3 PM EST, with President Trump delivering a keynote speech. Ahead of the event, Trump will sign executive orders reinforcing the Strategic Bitcoin Reserve, which will be managed by the Treasury. Notably, Trump has hinted at expanding the reserve to include Ethereum ($ETH), XRP ($XRP), Solana ($SOL), and Cardano ($ADA) in the future.

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Ethereum has flipped Solana in DEX trading volumes.

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❕ GrokCoin Trading Volume Surges Past $160M After Musk’s AI Bot Endorsement

Elon Musk’s AI chatbot Grok suggested the name GrokCoin for a meme token, triggering a surge in interest. Launched on Solana, GrokCoin has now reached a market cap of $21M and $160M in trading volume, with over 19,000 traders buying in. The chatbot predicts the token’s popularity due to its playful branding and viral appeal.

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