Daily | David Sacks sold all of his cryptocurrencies before taking office in government; Coinbase already offers local ETF custody jobs in Hong Kong
Collated: Jerry, ChainCatcher
Important:
- Coinbase Co-Creators: BTC is the best choice for strategic reserves, and the launch of a crypto market cap index to maintain fairness and impartiality
- Arthur Hayes commented on Trump's push for crypto strategic reserves, saying "nothing new"
- David Sacks: All cryptocurrencies sold before taking office in government
- Coinbase: Already available locally in Hong Kong ETF custody work, is discussing with HSBC ETF sub-custody plan
- GoPlus: STAR10 token has a serious security risk, the team can burn any holder's token at will
- ADA rose by more than 70% after Trump's "shout", becoming the 8th largest cryptocurrency by market capitalisation
"What important events have happened in the last 24 hours"
Coinbase co-creator: BTC is the best choice for strategic reserves, and the launch of a crypto market cap index to maintain fairness and impartiality
Coinbase co-founder and CEO Brian Armstrong commented on social media that "Trump is moving forward with a crypto reserve plan" that BTC may be the best option in terms of asset allocation for strategic reserves, and as the successor to gold, BTC has the simplest and clearest narrative. If one wants more variety, a market capitalisation-weighted index of crypto assets can be done to maintain impartiality. But maybe just choosing BTC is the easiest.
Arthur Hayes commented on Trump's push for a crypto strategic reserve, saying "nothing new."
BitMEX co-founder Arthur Hayes commented on Trump's announcement that he would advance crypto strategic reserves, saying, "Nothing new, just talk. Please let me know when they get congressional approval to borrow or re-raise the price of gold. Without these, they would have no money to buy Bitcoin and altcoins. Of course, I'm not bearish, I'm still bullish. But I'm not going to buy more tokens at this point. David
Sacks: Sold all of his cryptocurrencies before
taking officeDavid Sacks, the American AI and crypto tsar, tweeted, "I sold all of his cryptocurrencies (including BTC, ETH, and SOL) before taking office in government. "
Coinbase: has provided local ETF custody in Hong Kong and is in discussions with HSBC for ETF sub-custody plans
According to the Hong Kong Economic Journal, the US-listed cryptocurrency exchange Coinbase announced that it is considering expanding into the Asia-Pacific market, and its Asia-Pacific managing director and director in Australia, John O'Loghlen, said that the withdrawal from the Japanese market the year before last, although Japan has recently relaxed the restrictions on tokens, the types of tokens are still very limited and the platform must have at least 10 actual employees, which is quite challenging from a business point of view.
John O'Loghlen also said that there are no plans to launch a business in Hong Kong at this stage, and if an international platform enters the Hong Kong market, it may need to change the tech stack of the entire exchange, but Coinbase has already started to provide custody for local ETFs in Hong Kong, and is also in talks with HSBC about ETF sub-custodian plans.
GoPlus: STAR10 tokens have a serious security risk, the team can burn any holder's token at willGoPlus
Security alert, Ronaldinho's STAR10 token has a serious security risk. GoPlus has found that token owners can burn any holder's tokens at will. Since ownership has not been relinquished, all tokens are at risk of being burned without warning.
GoPlus Security is calling on the Ronaldinho team to immediately relinquish ownership in order to keep the community safe. At the same time, traders are reminded to be highly vigilant about the coin and BNB Chain is advised to inform users of the associated risks.
ADA rose more than 70% after Trump's "shouting" and became the 8th largest cryptocurrency by market capitalisation
According to CoinGecko data, Cardano (ADA) has risen 73% after Trump said yesterday evening that he would "advance the strategic reserve of cryptocurrencies including XRP, SOL and ADA", reaching as high as $1.148 and now trading at $1.136, becoming the 8th largest cryptocurrency by market capitalisation ($39.8 billion), with FDV tentatively trading at $49.9 billion. $8.12 billion in 24-hour transactions across the network.
"What are the wonderful articles worth reading in the past 24 hours"
7 personnel adjustments, three new organisations, can Ethereum's "self-help" be reborn?
Ethereum finally couldn't sit still ......
Trump's "bailout" gives a glimpse of the most watched "macro events" and "US currency"
this week or the most critical week affecting the crypto market.
Trump Specifies Crypto in Strategic Reserve, "US Coin" Spot ETF Enters Acceleration Period?
The latest spot ETF application updates and key timelines.
Rational Return|Does Crypto No Longer Trust Trump?
The effect of "pulling the plate" is obvious, but the market does not seem to have reproduced the enthusiastic cheering for the policy bull market in the past.
Interview with Backpack CEO Armani Ferrante: Bridging the gap between the traditional financial system and the crypto world
Backpack has prioritised the hardest work of integrating it into the social framework of major markets.
Trump's "Road to Chief Crypto Market Maker": From MEME to National Strategic Reserves, the Operational Logic of Political Capitalization Dissects
the decentralisation of blockchain, which provides an excellent and covert space for centralised power.
According to the market data of GMGN, a meme token tracking and analysis platform, as of 19:50 on March 3
, thetop five popular Ethereum tokens in the past 24 hours are: CSR, SPX, XCN, LINK, MKR
The top five popular tokens of Solana in the past 24h are: YODA, TRUMP, KOINZ, PIPE, KAIREN
