Odaily Planet Daily reports that stablecoin infrastructure Cyclops has announced the completion of an $8 million funding round, with Castle Island Ventures, F-Prime, and Shift4 Payments participating. The specific valuation data has not been disclosed yet. (Fortune)

Odaily Planet Daily reports that, according to Reuters witnesses, a loud explosion was heard in Dubai. Witnesses say that thick smoke and flames appeared above the Dubai Palm Island community. (Jin10)

BlockBeats News, February 28 — According to CNN, Senator Jack Reed, the top Democrat on the Senate Armed Services Committee, issued a statement on Saturday condemning the Trump administration for failing to provide Congress with any "real briefings or intelligence" before launching an attack on Iran. "The President barely mentioned Iran in the longest State of the Union address in history. He did not specify clear objectives. Congress received no substantive briefings or intelligence, and there is no compelling reason to take action," the Democrat from Rhode Island said in a statement.

BlockBeats News, February 23 — The U.S. "Ford" aircraft carrier arrived at Souda Bay on the island of Crete, Greece. (Jin10)

Digital asset infrastructure company Birch Hill Holdings completes $2.5 million pre-seed funding, led by ParaFi Capital and Castle Island Ventures. The new funds will be used to develop institutional lending strategies focused on risk management, with an emphasis on on-chain lending and tokenized asset markets.

U.S. Secretary of Commerce Gina Raimondo tried to distance herself from convicted sex offender Jeffrey Epstein, claiming they had little to no connection. Although newly disclosed documents show she visited Epstein's private island for lunch, Raimondo argued at the hearing that she only exchanged about 10 emails with Epstein.

Odaily Planet Daily News: Elon Musk responded to a user on social media platform X, saying he "is well aware that certain email exchanges with Jeffrey Epstein could be misinterpreted and used to tarnish his reputation." He also stated that no one has worked harder than him to promote the disclosure of Epstein-related documents and is pleased that these documents have finally been revealed. Musk mentioned that his communication with Epstein was minimal and that he had repeatedly refused invitations to his private island or to ride the "Lolita Express." He added that he is more concerned with the United States prosecuting those who committed serious crimes alongside Epstein.

Nic Carter from Castle Island Ventures expressed his views on the X platform, believing that the current X recommendation algorithm prioritizes increasing user dwell time, leading to unstable connections between creators and fans, and affecting the predictability of content reception in niche communities. He predicts that future discussions will focus on issues such as digital property rights and algorithm transparency.

The European Commission will hold an emergency summit in Brussels on January 22 to discuss the impact of Trump's additional tariffs on European countries and to assess countermeasures. The EU emphasizes that engagement is better than escalation, but if the United States implements tariffs, it will be prepared to respond.

Senate Democrats plan to introduce legislation to prevent Trump from imposing tariffs on European countries opposing the US annexation of Greenland. Trump has announced tariffs of 10% to 25% on goods from multiple countries starting in February until an island purchase agreement is reached.