Ethereum’s sharp decline to the $2,800 level has been met with a massive $653 million influx into futures markets, signaling traders are aggressively positioning for volatility. While ETH is down 8% on the day, analysts highlight oversold technical conditions, resilience against Bitcoin, and a fair value estimate suggesting over 60% upside potential as reasons to watch for a potential trend reversal.
about Ethereum Open Interest Jumps $653M Amid Price Drop to $2.8KHASHED
0 in Finance and 0 in Crypto last weekCoinbase Ventures Leads $14.6M Round for Stablecoin Startup Bastion
In a significant vote of confidence for the future of enterprise digital assets, stablecoin infrastructure provider Bastion has secured $14.6 million in a funding round led by Coinbase Ventures. The investment, announced Wednesday, attracted a powerful consortium of backers, including Japanese tech giant Sony, Samsung’s investment arm, Andreessen Horowitz’s crypto division, and crypto VC firm Hashed. Bastion’s platform offers a white-label solution that enables companies to issue stablecoins without the formidable hurdles of securing individual licenses or building custom technical infrastructure from scratch.
about Coinbase Ventures Leads $14.6M Round for Stablecoin Startup BastionBlockchain Leaders Summit Tokyo 2025 Unites Global Web3
The Blockchain Leaders Summit Tokyo 2025, co-hosted by Hashed and B Dash Ventures, brought together 400 industry leaders including regulators, venture capitalists, and major blockchain projects. The summit highlighted Japan’s emerging role in Web3, with emphasis on stablecoins as critical infrastructure for mass adoption. Regulators from Japan’s FSA and US CFTC discussed creating balanced regulatory frameworks, while financial institutions like Sony Bank and SMFG shared concrete initiatives for blockchain-based payments. The event solidified Japan’s position as a bridge between Asian and global Web3 markets, with particular focus on leveraging Japan’s yen stability and anime IP for blockchain innovation.
about Blockchain Leaders Summit Tokyo 2025 Unites Global Web3Everclear & NEAR Partner to Scale Cross-Chain Liquidity
Everclear, a cross-chain clearing and settlement protocol, has announced a strategic partnership with the NEAR Foundation to advance liquidity solutions in the DeFi space. The collaboration includes solver capital deployment and a multi-faceted investment to support Everclear’s growth. The protocol, which recently surpassed $1B in transaction volume, will integrate NEAR’s tech stack to scale liquidity and streamline cross-chain transactions. NEAR co-founder Illia Polosukhin highlighted the importance of unifying liquidity for AI and human users, while Everclear CEO Dima Khanarin projected billions in monthly volume growth. Everclear has seen rapid expansion, supporting 23 chains and onboarding top DeFi protocols like Li.Fi and Across. Backed by major investors, Everclear aims to eliminate fragmentation in the digital asset economy, mirroring traditional finance giants like Visa and SWIFT.
about Everclear & NEAR Partner to Scale Cross-Chain LiquidityEverclear Launches Mainnet, Hits $125M Monthly Volume
Everclear has launched its Full Mainnet following a surge in adoption, with monthly volume exceeding $125 million. The protocol introduces zero-fee rebalancing for solvers, intent protocols, and centralized exchanges across top EVM chains, while adding Solana support and planning Tron integration. As blockchain and stablecoin proliferation worsens liquidity fragmentation, Everclear aims to streamline cross-chain transactions—netting 80% of fund flows to reduce inefficiencies. Since its beta launch in September 2024, Everclear has expanded to 20 chains, onboarded major DeFi players, and targets 40+ integrations by mid-2025. Backed by investors like Pantera Capital and the Ethereum Foundation, it positions itself as the ‘Visa/SWIFT’ for digital assets.
about Everclear Launches Mainnet, Hits $125M Monthly VolumeStory Protocol Launches Mainnet and Native Token for IP Monetization
Web3 intellectual property protocol Story is set to launch its public mainnet on February 13, introducing its native token, IP, which will facilitate content monetization and digital property protection for creators. The total supply of IP tokens will be 1 billion, with rewards starting on March 2 after an initial staking phase called “Singularity.” Supported by major exchanges and backed by prominent venture capital firms, Story aims to revolutionize IP ownership in the age of AI, allowing creators to register their work on the blockchain and automate licensing and revenue sharing.
about Story Protocol Launches Mainnet and Native Token for IP MonetizationRecord Growth in Crypto Mobile Wallet Users and Stablecoin Adoption
The number of crypto mobile wallet users reached a record 36 million in Q4 2024, reflecting a shift towards active engagement in decentralized finance (DeFi), NFTs, and blockchain applications. Global cryptocurrency ownership hit 560 million, with stablecoin supply increasing by 18% to nearly $200 billion, and trading volume surging to $30 trillion. As regulations for stablecoins expand, the demand for mobile wallets and DeFi services continues to grow, despite ongoing security threats targeting users.
about Record Growth in Crypto Mobile Wallet Users and Stablecoin Adoption