Sky Protocol’s USDS Supply Exceeds 9 Billion Surpassing DAI in February

Sky Protocol’s USDS supply surged past 9 billion in February, overtaking DAI and capturing over 50% of the stablecoin market within its ecosystem. The Sky Savings Rate was adjusted from 12.5% to 6.5%, while multichain adoption expanded, enhancing liquidity through Polaris and increasing USDS acceptance across various networks. The SKY token’s price has also seen significant growth, reflecting rising investor interest.

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Ethereum Whale Sells 14000 ETH Sparking Market Speculation and Strategic Moves

An Ethereum whale from 2016 sold 14,000 ETH through Wintermute OTC for over $31.92 million, raising speculation about market strategies amid a 9.78% price drop in 24 hours. While some whales are offloading assets, others have purchased 110,000 ETH, indicating confidence in the volatile market.

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Metaplanet Issues Bonds to Expand Bitcoin Holdings Amid Market Fluctuations

Metaplanet, a Japanese investment firm, has issued a zero-interest bond worth 2 billion yen to bolster its Bitcoin holdings, aiming to acquire a total of 21,000 BTC by 2026. The company has already surpassed 2,101 BTC, reflecting strong investor confidence as its shares surged 80.75% in 2025. Despite recent price fluctuations, Metaplanet remains committed to its long-term crypto strategy.

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Pudgy Penguins Partners with OpenLedger to Enhance NFTs with AI Technology

Pudgy Penguins has partnered with OpenLedger to integrate AI into its NFT ecosystem, allowing for dynamic customization and interactive experiences for owners. This collaboration, alongside the launch of a layer-2 network called “Abstract,” aims to enhance user engagement and expand their global reach, particularly in the Asian market through a partnership with LINE FRIENDS. Currently, Pudgy Penguins ranks as the fourth largest NFT collection on Ethereum, with a floor price of 8.99 ETH.

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Berachain Achieves 3.25 Billion TVL Surpassing Base and Arbitrum

Berachain has achieved a Total Value Locked (TVL) of $3.25 billion, surpassing Base and Arbitrum, and ranking eighth globally in DeFi. Despite its rapid growth, the platform faces community backlash over airdrop distribution and insider trading concerns, leading to a 63% drop in BERA’s price from its highs. Nonetheless, trading activity remains robust, with a 60% increase last week, reflecting ongoing interest in the project.

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Georgia Proposes Bill for Bitcoin Investments in State Treasury Funds

Georgia has proposed a bill allowing the state treasurer to invest public funds in Bitcoin, aiming to diversify financial reserves and hedge against inflation. While supporters see potential in Bitcoin as a safeguard against dollar depreciation, critics warn of its price volatility posing risks to state finances. Other states are also exploring similar measures, indicating a growing trend towards incorporating digital assets into government investment strategies.

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Pudgy Penguins Partners with LINE FRIENDS to Expand in Asia

Pudgy Penguins is expanding its brand presence in Asia through a partnership with LINE FRIENDS, integrating the popular Minini character into its NFT ecosystem. Despite launching its Layer-2 network, Abstract, in January 2025, the project faces challenges in gaining traction amid stiff competition in the market. Currently, Pudgy Penguins ranks fourth among NFT collections on Ethereum, with a market cap exceeding $347.89 million.

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BounceBit and Hashnote Integrate USYC to Enhance CeDeFi Infrastructure

BounceBit has partnered with Hashnote Labs to integrate US Yield Coin (USYC), enhancing the CeDeFi infrastructure and facilitating real-world asset (RWA) integration with regulated yield solutions. This collaboration merges Western RWA innovation with Asian liquidity, promising institutional-grade compliance and efficient credit trading.USYC, backed by reverse repo agreements with US government securities, has seen significant growth, reaching a market cap of $1.6 billion. The initiative aims to improve capital efficiency and streamline transactions for institutions, positioning the RWA credit market for substantial expansion.

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Upbit Lists Virtuals Protocol with New Trading Pairs and Solana Integration

Upbit has listed Virtuals Protocol (VIRTUAL), enabling trading with KRW, BTC, and USDT, which led to a nearly 28% price surge. Despite this, the protocol faces challenges, including a significant drop in daily revenue from $1.58 million to $21,927 and a recent smart contract flaw that was quickly addressed by the development team. Virtuals Protocol is also integrating with Solana to enhance transaction efficiency and support cross-chain operations.

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El Salvador to Launch BMN2 by Bitfinex Securities for Bitcoin Investments

Bitfinex Securities is set to launch Blockstream Mining Note 2 (BMN2) in El Salvador, aiming to make Bitcoin mining investments more accessible with a lower minimum investment requirement. This initiative aligns with El Salvador’s favorable regulatory environment for digital assets, following its adoption of Bitcoin as legal tender in 2021. Tether’s relocation to El Salvador further underscores the country’s ambition to become a global crypto hub, having secured a Digital Asset Service Provider license.

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D3 Secures 25 Million to Launch Doma Blockchain for Domain Ownership

D3 has secured $25 million in Series A funding to launch the Doma Blockchain, which aims to revolutionize domain ownership by integrating the Domain Name System (DNS) with Web3 technology. This innovative platform will enable tokenized domain ownership, allowing for seamless trading, decentralized control, and fractional ownership opportunities. Supported by major players like Coinbase Ventures and Paradigm, D3 is set to enhance the current domain registration system while providing new investment prospects in the digital domain space.

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MEXC Launches 419 Million Dollar Insurance Fund and New User Initiatives

MEXC has enhanced its user protection by expanding its insurance fund to over $419 million, aimed at mitigating losses from user bankruptcies amid market volatility. The platform is also launching initiatives for Aptos and ATOM, including staking rewards and flexible savings options, while supporting euro OTC trading with zero-fee deposits for European users.

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