CZ: Developers should not be overly concerned with short-term price action, but token projects sh...
BlockBeats News, February 12th, Binance founder CZ stated in an AMA:I think for builders in the industry, you should simply ignore the market, whether it's up or down. In the long run, the market will grow, Bitcoin will perform well, major cryptocurrencies will perform well, and I believe today most mainstream public chains will also perform well.As a builder, you shouldn't worry about the daily price. You should build apps that people actually use. And people use an app not based on your token's price, but based on the specific functionality your product provides, whether it's a wallet, trading, a stablecoin for payments, some tokenized assets, or other applications. Anything that you can build that people will use in the long term.But one thing, if you have indeed issued a token, you should strive to maintain consistent product updates so that your token holders have a clear understanding of your progress and roadmap. That way everyone can understand what you are doing, better assess the risks and opportunities of holding the token. At the same time, communicate very frequently with the community.
BlockBeats News, February 12, today Coinbase will list Espresso (ESP) perpetual contract trading, if liquidity conditions are met, and the trading area is already enabled for trading, the ESP-PERP market will start trading.
CZ: Traders Need to Cautiously Evaluate Risk in Bear Markets as Individuals Cannot Predict Indust...
BlockBeats News, February 12th, Binance founder CZ stated in an AMA:This time (bear market) has many differences from usual. It is hard to say whether it will always follow a four-year cycle. So, for the first time, the United States strongly supports cryptocurrency, the new government is very supportive of the market, and now they are continuously passing bills, which should be very positive. If the U.S. supports crypto so much, other countries will also support it.Now stablecoins, RWAs, and other things are developing quite rapidly. In addition, there has been a lot of noise in the community recently, with a lot of FUD. These have a certain negative impact on the overall market sentiment. With so many things going on, it still affects the market. So, no one can clearly say which things will have what impact. Therefore, I think everyone still needs to carefully assess their risks when operating. Yes, so I'm honest, I've said a lot, but it's like I haven't answered.But I can't see it very clearly. I think there are positive and negative forces now. In the long run, this industry will certainly be fine. As for what will happen tomorrow or next month this year, I can't predict that.
The BBC Billion-Dollar Defamation Lawsuit Against Trump Scheduled for February 2027 Trial
BlockBeats News, February 12th - Former President Trump's $10 billion defamation lawsuit against the British Broadcasting Corporation (BBC) is scheduled to go to trial in February 2027, one of several lawsuits he initiated after returning to the White House. U.S. District Judge Roy K. Altman signed an order in Miami on Wednesday setting the trial date, with the judge appointed by Trump also requiring the President and BBC to complete a mediation process by November 3rd.Trump's lawsuit stems from a misleading edit in a documentary before the 2024 election, implying that in his speech before the January 6, 2021, Capitol riot, he directly called for violence.
CZ: Meme traders need to form their own trading strategy. For a meme coin to achieve long-term de...
BlockBeats News, February 12, Binance founder CZ stated in an AMA:I'm not a very good meme trader. I don't know what strategy those who really make money as meme traders use. However, if you buy all the meme coins that others have made based on my tweets, I can guarantee you will lose money. I think this is quite certain.People may take this statement and distort it in the wrong direction. But what I want to say is: if you are a meme trader, you must form your own strategy. I also don't know what strategy is right.But I think, for a meme coin to last, it must have a very strong cultural attribute. Look at those that have lasted a long time, like Dogecoin, like Floki, they can exist for a long time because they have a very loyal fan base.The newly launched ones are riskier. So my advice to people is: if you are not sure what you are doing, basically, don't touch it. Unless you really understand, I am not an expert in this area.
Linea Team Transfers $5.3 Million Worth of LINEA Tokens, Potentially for Sale
BlockBeats News, February 12, according to monitoring by onchainschool.pro, the Linea team's main wallet transferred $5.3 million worth of LINEA tokens to a new wallet, about 15 minutes ago. Based on past experience, similar transfer operations are usually followed by gradual selling on exchanges.
BlockBeats News, February 12th, Perp DEX Lighter has partnered with USDC issuer Circle to share the interest generated from around $9.2 billion USDC deposits on the platform.
BlockBeats News, February 12, Binance founder CZ previously announced that a Binance English and Chinese live AMA will be held today at 23:00 Beijing time, where you can ask him anything.
Trove has quietly processed refunds for the pre-sale round KOLs, while the remaining retail inves...
BlockBeats News, February 12th, Bubblemaps revealed that the Perp DEX Trove quietly processed refunds to the KOLs who participated in the presale, while the rest of the presale participants suffered heavy losses. Through monitoring wallets associated with TROVE token deployment, it was discovered that one day after the token's collapse, $100,000 worth of USDC and $350,000 worth of USDT were transferred to a newly funded wallet. Concrete on-chain evidence and leaked chat records now prove that the project team engaged in discriminatory practices towards investors.After raising $11.5 million through an ICO in January, Trove claimed to reserve $9,397,403 to continue building Perp DEX on Solana. This move sparked strong community backlash, with the token price plummeting over 95%, ICO participants suffering heavy losses, and accusing the team of performing a Rug Pull.
US Stock Market Open: Most Cryptocurrency-related Stocks Up, Coinbase to Release 2025 Financial R...
BlockBeats News, February 12th, according to Bitget market data, the US stock market opened with the Dow rising 0.1%, the S&P 500 rising 0.3%, and the Nasdaq rising 0.38%. Most cryptocurrency-related stocks rose, including:Strategy (MSTR) rose 1.4%, announcing today that it will shift its financing strategy to preferred stock to continue accumulating during the downturn;Coinbase (COIN) fell 0.3%, with its Q4 2025 and full-year financial reports set to be released after the US stock market closes today;Circle (CRCL) fell 0.15%;MARA Holdings (MARA) rose 0.46%;Riot Platforms (RIOT) rose 0.47%;BitMine Immersion (BMNR) rose 1.2%;SharpLink Gaming (SBET) rose 1.1%.
Distributed AI Lab Gradient Releases Echo-2 Distributed Reinforcement Learning Framework
BlockBeats News, February 12, Distributed AI Lab Gradient released the Echo-2 distributed reinforcement learning framework, aiming to break through the AI research training efficiency barrier by decoupling Learner and Actor at the architecture level to reduce the post-training cost of large models.Official data shows that the framework can reduce the post-training cost of a 30B model from $4500 to $425. Echo-2 uses the compute-storage separation technology for asynchronous training (Async RL), supporting offloading the sampling power to unstable GPU instances and Parallax-based heterogeneous GPUs. In addition, Gradient also plans to launch the RLaaS (Reinforcement Learning as a Service) platform Logits, which is currently open for reservation for students and researchers.
ETHZilla Launches Tokenized Real World Asset Backed by a Commercial Jet Engine
BlockBeats News, February 12th, according to a report by PR Newswire, Ethereum treasury company ETHZilla (ETHZ) has launched Eurus Aero Token I through its wholly-owned subsidiary ETHZilla Aerospace LLC, which is the first tokenized real-world asset backed by a commercial aircraft engine. Built on the Ethereum Layer 2 network, the token is backed by two CFM56 commercial jet engines valued at approximately $12.2 million in total, leased to a major U.S. airline. Each token is priced at $100, with a minimum purchase of 10 tokens, and the target return rate is approximately 11% until the end of the lease term.ETHZilla stated that this product provides accredited investors with an opportunity to access an asset class usually restricted to private aviation leasing funds or large institutional transactions. ETHZilla also plans to launch more tokenized asset classes soon, including prefabricated home loans and auto loans.
Ondo Tokenized Stocks Launch on DeFi Lending Market, Integrated with Morpho and Gauntlet
BlockBeats News, February 12th, Ondo Finance announced that tokenized stocks from Ondo Global Markets are now live on the DeFi lending market, starting with SPYon and QQQon, integrated with Morpho and Gauntlet. Ondo's tokenized stocks and ETFs are now available as efficient risk-managed collateral assets in the Ethereum DeFi space.
BlockBeats News, February 12th: According to market sources, an internal Russian memo mentioned that there are efforts to lobby Trump to return to the dollar system, and the US and Russia may have a joint plan in the energy, mining, and fossil fuel sectors.
White House Urges Emergency Action to Avoid Homeland Security Shutdown
BlockBeats News, February 12th, the White House made a last-minute push to avert a Department of Homeland Security shutdown, submitting legislative text to the Democratic side ahead of the funding deadline. Democrats are expected to reject the proposal, calling the previous offer "neither complete nor adequate." Senate Democrats say negotiations have reached a stalemate and insist they will not support any new stopgap funding measure unless an agreement is reached on a ten-point plan to reform U.S. Immigration and Customs Enforcement (ICE) and Customs and Border Protection (CBP). Senator Jacky Rosen criticized the White House's response for lacking details and accused Republicans of relying on short-term extensions to avoid broader immigration reform. (Golden Finance)
Vitalik on Cryptocurrency Project User Incentives: Focus should be on developing utility, not ind...
BlockBeats News, February 12th, Ethereum founder Vitalik published a post detailing his views on the incentive mechanisms for crypto projects. Vitalik believes that the incentive mechanism should distinguish between two cases: compensating for the temporary costs of the project's early immature stages is beneficial, while attracting users who will not use the project after it matures is harmful. Many decentralized finance liquidity incentives are reasonable because they compensate for the risk of new projects being hacked or team fraud. However, paying users to post tweets to gain attention is a wrong practice, as this kind of incentive may lead users to sacrifice content quality for maximum gains.Vitalik emphasized that the ideal incentive mechanism should precisely compensate for the temporary shortcomings of the protocol, which will disappear as the protocol matures, while not attracting users who will not have the opportunity to stay. Successful applications should focus primarily on developing usability rather than indiscriminately expanding the user base through paid incentives.
BlockBeats News, February 12, Cathie Wood, known as the "Wood Mom,"'s Ark Invest has increased its holdings of Bullish stocks for nine consecutive days, with a total additional investment of $11.6 million.
OKX Ventures To Launch First Ecosystem-Specific Stablecoin ESS on X Layer
BlockBeats News, February 12, OKX Ventures announced a strategic investment in the next-generation stablecoin and yield infrastructure provider STBL. Additionally, STBL also announced partnerships with private market investment firm Hamilton Lane (HLNE) and digital securities issuance and tokenization platform Securitize. STBL will launch the first ecosystem-specific stablecoin ESS on X Layer, leveraging its dual-token architecture to separate liquidity provisioning from yield generation, with the stablecoin backed by real-world assets.
The Strategy will focus on leveraging preferred stock financing to buy BTC, aiming to continually...
BlockBeats News, February 12th, Strategy CEO Phong Le stated in a Bloomberg live broadcast that Strategy will start gradually reducing equity financing and instead use preferred stock financing to provide funding for increasing its BTC holdings.BlockBeats Note: Equity financing directly dilutes existing shareholders' ownership and earnings per share, amplifying losses during stock price volatility, especially when Bitcoin is falling, but it has lower costs and no fixed dividend pressure; preferred stock financing provides priority for fixed dividends, does not dilute common stock control and voting rights, attracts conservative investors with more stable financing, but carries the obligation of perpetual dividends, with relatively higher costs. Strategy's shift to preferred stock financing is aimed at continuing to buy Bitcoin during market volatility while reducing dilution pressure on common shareholders.