Blockchain

In February, the overall crypto market showed a weak trend, with notable outflows from BTC ETFs. Major blockchains remained stable throughout the month, with Solana leading by a wide margin at over 100 million daily transactions. Ethereum recorded 13.34 million unique active addresses, maintaining its second-highest level in history. TradFi trading volume on Perp DEXs surged to $47.3 billion, largely driven by Hyperliquid’s HIP-3. The Web3 sector completed 46 funding rounds totaling $986 million, with the top 10 projects accounting for $793 million—three major deals were led by Tether. Meanwhile, Web3 security incidents declined significantly month-over-month, though smart contract vulnerabilities remained the primary risk source.

The SEC and CFTC have jointly released a groundbreaking document, bringing an end to ten years of regulatory ambiguity surrounding crypto assets. The document explicitly classifies 16 leading tokens—including BTC, ETH, SOL, XRP, and DOGE—as “digital commodities” instead of securities, and exempts key on-chain activities such as staking, mining, wrapping, and airdrops from being considered securities. Of particular significance, the document introduces an asset disaggregation mechanism, offering ICO projects a clear and compliant pathway to shift from securities to non-securities status. This represents a decisive triumph for native crypto logic within the framework of federal law.

Through case studies such as Morpho×Apollo and BlackRock×Uniswap, the article reveals the logic that 90% of projects overlook: holder quality matters more than price noise.

The article analyzes the potential of the pay-as-you-go model in the age of agents, while warning about the gray areas of web crawling and the balance between revenue and V2 dynamic routing.

Tether has introduced the QVAC AI framework, allowing mobile devices to train models with billions of parameters and dramatically reducing the barrier to computational power. This article examines the technical foundations, industry implications, and far-reaching effects on decentralized AI and the computing power market.

The Dow Jones Industrial Average, commonly referred to as US30 in trading markets, is one of the most representative stock indices in the world. It consists of 30 blue-chip companies that play a significant role in the U.S. economy, spanning key sectors such as technology, finance, consumer goods, and industrials. The index uses a price-weighted methodology, meaning companies with higher share prices have a greater impact on index movements. As a result, US30 is widely used to track the performance of major U.S. corporations and broader economic cycles.

The Dow Jones Industrial Average CFD is a derivative financial instrument that allows traders to participate in index price movements without owning the underlying stocks. Through the Contract for Difference mechanism, investors can take long or short positions based on market expectations while using margin and leverage to control larger notional positions. This makes US30 not only a market benchmark but also a flexible, tradable index asset.

Tether has launched the QVAC Fabric framework, which supports cross-platform LoRA fine-tuning for the BitNet model. With this advancement, large language models can now operate and be trained on mobile devices and conventional hardware. This breakthrough greatly reduces the barriers to AI development and paves the way for new opportunities in decentralized AI.

The SEC has approved Nasdaq's pilot program for trading tokenized securities, signaling the official entry of traditional finance into the era of tokenization. This article offers an in-depth analysis of tokenized securities mechanisms, regulatory frameworks, and their effects on RWAs and the global capital markets.

The article compares the differences between tokens and stocks in terms of risk structure, P/S premium, institutional access, index inclusion, and repurchase mechanisms despite similar price increases. It also uses cases such as Circle, Figure, Bullish, and Hyperliquid to illustrate how "moats, diversification, shareholder value, and sector sentiment" drive repricing.

The BASED token is set to launch its Token Generation Event (TGE) on March 30. Based.one serves as an on-chain Super App that combines trading, prediction markets, and payment functionalities. This article offers a comprehensive analysis of the project’s architecture, product logic, and token model.

YZi Labs has announced a lead investment of $52 million to support RoboForce, a Silicon Valley AI robotics company, in developing its Physical AI technology and TITAN robotics platform. RoboForce specializes in tackling workforce shortages in demanding sectors including energy, manufacturing, and logistics. The company leverages data flywheel strategies and AI models to continuously improve the performance of its robots.

Midnight is a privacy-focused blockchain network developed by Input Output Global and serves as an important infrastructure component within the Cardano ecosystem. Through technologies such as zero knowledge proofs, a dual state ledger architecture, and programmable privacy mechanisms, the network enables blockchain applications to protect sensitive data while maintaining verifiability.

Story Protocol is a Layer-1 blockchain project focused on intellectual property (IP) management. It aims to provide programmable IP infrastructure for creators, developers, and AI companies. Through blockchain technology, the protocol allows users to register creative works as on-chain IP assets and define licensing rules, revenue sharing mechanisms, and derivative creation relationships through smart contracts.

RWA (Real World Assets) are traditional financial assets—including bonds, stocks, and real estate—that are tokenized using blockchain technology, allowing them to be represented, traded, and circulated on-chain. This article begins with the core logic of TradFi (traditional finance), systematically examining how RWA depends on, connects to, and enhances the traditional financial system. It analyzes whether RWA will ultimately replace traditional finance or simply complement it, and identifies avenues for efficiency gains, the underlying reasons for institutional adoption, and the practical limitations and future convergence trends.