Summary: Cora, Techub News
TinTinLand
Greed Index: 16 (Extreme Greed)
Bitcoin Price: $67,084
BTC/ETH Spot ETF Capital Flow (2.26)
BTC Net Inflow: $30.12M
ETH Net Inflow: $12.68M
Hong Kong
BTC/ETH Spot ETF Capital Flow (2.26)
BTC Net Subscription: 4.92 BTC
ETH Net Subscription/Redeem: 0 ETH
Ren Zhiqiang: Suggests Hong Kong promote dual-currency stock trading and establish a fund to grow the RMB liquidity pool
Former Hong Kong Monetary Authority Chief Ren Zhiqiang stated on the “Yiyu Qianjin” program that Hong Kong, as an offshore RMB hub, should actively promote dual-currency stock trading (HKD and RMB denominated) to accelerate RMB internationalization. He also recommended setting up a dedicated fund to expand the RMB liquidity pool, enhancing Hong Kong’s liquidity and attractiveness in the offshore RMB market.
Coolpad Group acquires 39,000 MSTR shares through wholly owned subsidiary Digital Tech
On February 25, 2026, Hong Kong-based Coolpad Group Limited, through its wholly owned subsidiary Digital Tech, purchased 39,000 MSTR shares via on-market trading, valued at approximately $4.98 million. This aligns with the company’s investment plan adopted in mid-February 2026, which allows the group to acquire up to $5 million (about HKD 39.05 million) of US-listed securities or ETFs related to the crypto industry through on-market transactions.
Regulation/Macro
Supreme Court Criminal Division III: Next focus on cracking down on crimes related to virtual currencies, underground banks, and money laundering
Wang Bin, head of the Supreme People’s Court Criminal Division III, said the next judicial focus will be on targeting key figures and core members of telecom network fraud gangs, “money mules” involved in telecom scams, “snakeheads” organizing illegal crossings, organizations providing armed protection for cross-border scams, and violent crimes such as murder, assault, and kidnapping committed during scams. The crackdown will also target crimes related to money laundering using virtual currencies and underground banks.
Indiana HB 1042 passes both houses, allowing public investment funds to invest in crypto ETFs
Indiana’s HB 1042 has been approved by both chambers and will be sent to the governor for signing. The bill permits public investment funds to engage in digital currency investments, including crypto ETFs. It defines “cryptocurrency” as virtual currencies not issued by central authorities, generated using cryptographic verification, and designed to prevent counterfeiting, covering 529 education savings plans, teachers, civil servants, legislators’ retirement funds, and other state investment funds. The bill will take effect on July 1, 2026.
National Computer Virus Emergency Response Center reports: Over $30 billion in virtual currency assets seized in the US from 2022–2025
The National Computer Virus Emergency Response Center released a report stating that from 2022 to 2025, the US seized virtual currency assets worth over $30 billion through various cases. Notably, the Chen Zhi case accounted for about $15 billion (50%), Binance and Zhao Changpeng’s case resulted in $4.35 billion in recoveries and fines, and Garantex was targeted for sanctions evasion. The US leverages blockchain technology, on-chain traceability, stablecoin legislation, and extraterritorial jurisdiction to confiscate assets, including incorporating Bitcoin and other virtual assets into national strategic reserves.
South Africa plans to amend the “Currency and Foreign Exchange Act” to formally include cryptocurrencies in capital flow regulation
South African Finance Minister Enoch Godongwana announced that the government will issue draft regulations to incorporate cryptocurrencies into the capital flow management system under the “Currency and Foreign Exchange Act.” This aims to improve cross-border capital regulation and complement existing anti-money laundering and anti-fraud rules. Previously, the Pretoria High Court ruled that cryptocurrencies do not qualify as “currency” under the law, and current foreign exchange controls do not apply to cryptocurrencies, urging legislative reform. Although the South African Reserve Bank (SARB) has appealed the ruling, insisting that cryptocurrencies should be treated as currency for regulatory purposes, the current focus is on establishing clear administrative responsibilities and cross-border transaction reporting requirements. This reform will clarify the legal status of cryptocurrencies in foreign exchange controls, providing clear guidance for South African residents participating in the global crypto market.
South Korean ruling party lawmaker proposes mandatory disclosure of crypto KOL assets and compensation
A legislator from South Korea’s ruling party proposed amending the “Capital Markets Act” and “Virtual Asset User Protection Act” to require crypto influencers (KOLs) to disclose personal asset information and any compensation received for promoting cryptocurrencies. The proposal mandates influencers to reveal asset types and amounts related to their recommended crypto assets and financial products, with details to be specified by presidential decree. Violators could face penalties similar to existing violations in capital markets (such as price manipulation and front-running). The bill aims to address issues of misinformation, self-trading, and conflicts of interest on unregulated social media, enhancing investor transparency and protection.
Projects/Company Updates
Zetrix AI secures $40 million equity funding from IFC to expand Southeast Asian digital infrastructure
Malaysian digital infrastructure provider Zetrix AI Bhd completed a $40 million equity raise, with investment from the World Bank’s IFC. The funds will be used to expand digital infrastructure in Malaysia, Southeast Asia, and other emerging markets, supporting national digital identity systems and blockchain services through a subsidiary planning to go public on Nasdaq. Zetrix AI focuses on digital infrastructure services, with its AI unit, AI Foundation Lab, aiming for Nasdaq listing by late 2026.
Digital payments platform Billdesk acquires Worldline India payment business for about $70 million
India’s digital payments platform Billdesk will acquire France’s Worldline India operations for approximately $70 million in equity valuation. As part of the deal, Worldline will sign a long-term technology and software cooperation agreement with Billdesk to ensure ongoing operation of its systems in India. The transaction aims to strengthen Billdesk’s payment infrastructure capabilities in the Indian market.
IoTeX announces full user compensation plan for ioTube security incident, instant payout under $10,000
IoTeX Foundation released an update on the February 21 ioTube cross-chain bridge security breach, including a 100% compensation plan. The stolen funds have been fully tracked; most CIOTX tokens are frozen, with the rest converted to about 2,183 ETH and transferred to the Bitcoin network, with the addresses under monitoring. The foundation commits to fully compensate users holding USDC, USDT, ETH, or WBTC bridged from Ethereum to IoTeX at the time of the incident: users with claims of $10,000 or less can receive full payout immediately; those exceeding $10,000 will get an initial $10,000 payout, with the remaining distributed over four quarters, plus an additional 10% in IOTX staked for 12 months. The platform will open the official recovery address and Claims Portal on February 27, where users must transfer affected assets and submit on-chain transaction info for verification and payout.
Tether makes strategic investment in global internet marketplace Whop
Tether has made a strategic investment in the global marketplace platform Whop, with undisclosed amounts. Whop currently has over 18.4 million users, generating approximately $3 billion annually, with a monthly transaction growth rate of 25%. As part of the partnership, Whop will integrate Tether’s Wallet Development Kit (WDK) to support creators and users in making efficient payments using USD₮ and USA₮. The investment aims to leverage stablecoin technology to reduce friction and costs in traditional payment systems and support Whop’s international expansion into Latin America, Europe, and Asia-Pacific.
Kraken launches crypto staking loan service Flexline, enabling users to borrow against holdings without selling
Kraken has launched Flexline, a crypto collateralized loan service allowing Kraken Pro traders to borrow against their digital assets without selling. Flexline features fixed borrowing costs and clear terms, with funds usable within Kraken or withdrawable to other platforms, protocols, or service providers. Collateral is stored in a secure, independent wallet and included in Kraken’s Proof of Reserves system. The service offers users more flexible capital management while maintaining long-term exposure to their crypto holdings.
Circle reports $2.7 billion in total revenue for 2025, USDC circulation reaches $75.3 billion
Circle announced its Q4 and full-year 2025 results, with USDC in circulation reaching $75.3 billion, up 72%. On-chain USDC transaction volume hit $11.9 trillion, up 247%. Quarterly revenue and reserve income totaled $770 million, up 77%. For the full fiscal year, total revenue and reserve income reached $2.7 billion, up 64%. Net operating loss was $70 million, mainly due to $424 million in IPO-related stock-based compensation (compared to $157 million profit in 2024). Adjusted EBITDA was $582 million, up 104%. Circle states it is building an economic operating system for the internet, supporting frictionless cross-border payments and AI-driven emerging applications.
Deep & Forward-Looking
ETHZilla Rebrands as “Forum Markets”: Strategic Shift Toward Asset Tokenization as a “Breakthrough” and “Elevation”
Once a leading Ethereum treasury company, ETHZilla Corporation announced yesterday its official rebranding to Forum Markets, Inc., and will operate under the Forum name. This marks a strategic pivot from its previous “HODL” branding to a platform focused on real-world asset (RWA) tokenization, signaling a survival and future-oriented transformation.
Aave Winter Turmoil: Building a High Wall of Funds but Failing to Keep the Trust Fire
Aave Labs plans to push V4, gradually phasing out V3. Meanwhile, BGD Labs believes V3 is the “crown jewel” capable of generating actual revenue. Betting on an untested new architecture while neglecting the existing system appears risky.
Opinions
From Terra Collapse to “10-Point Blitz”: How Jane Street Manipulates Markets Across Continents?
If Jane Street withdraws from the “Daily Selling Plan” (as alleged) due to legal risks, cross-border regulation scrutiny, or self-preservation, then a four-month-long structural headwind on Bitcoin will be lifted, removing a major obstacle.
Polymarket vs Kalshi: Who Is the King of Prediction Markets?
The rivalry between Polymarket and Kalshi has been ongoing, entering a true duopoly era. One is crypto-native Polymarket, the other is compliant financial Kalshi. The core of this competition isn’t about which company is stronger but about whether future information pricing power belongs to crypto or Wall Street. This analysis is worth exploring.
