1. Argentine President Milei Accused in Token Scandal
Argentine lawyers, along with the country's former central bank president, have accused President Javier Milei of fraud for his involvement in the $LIBRA token project, which has plummeted 95% from its peak. Project advisor Hayden Davis accused Milei of withdrawing support, leading to the collapse, even though the token had already significantly depreciated at that time. -Original
2. U.S. Presidents' Day Approaches, U.S. Stock Market Closed for a Day
Key events to watch next week include: February 17, Presidents' Day in the U.S., stock market closed for a day; February 18, Consensus Hong Kong 2025 event begins; February 18, OKX Web3 Consensus Night; February 18, FTX begins first repayment; February 20, U.S. initial jobless claims for the week ending February 15; for more upcoming events, please visit the AICoin "PC - News - Event Calendar" module. -Original
3. Significant Net Outflow from U.S. Ethereum Spot ETF
The U.S. Ethereum spot ETF saw a cumulative net outflow of $26.3 million this week. -Original
4. California Teachers' Retirement System Doubles MSTR Holdings
According to Odaily Planet Daily, the California State Teachers Retirement System has doubled its holdings in Strategy (MSTR), now valued at $83 million. -Original
5. Goldman Sachs Discloses Holdings in GBTC Trust Fund
According to regulatory filings submitted to the U.S. Securities and Exchange Commission, in addition to increasing its holdings in BlackRock and Fidelity Bitcoin ETFs, Goldman Sachs also holds $3.6 million worth of Grayscale Bitcoin Trust (GBTC). As of February 14, Grayscale's official data shows that GBTC's Bitcoin holdings have dropped to approximately 200,000 coins (200,118.5305 BTC), with a market value of $19.45 billion. -Original
6. Coinbase Delays Appeal Case Review
The U.S. Securities and Exchange Commission (SEC) previously requested to extend the response deadline for Coinbase's appeal from February 14 to March 14, and Coinbase has agreed to this extension request. The case dates back to June 2023, when the SEC accused Coinbase of offering unregistered securities and failing to fulfill disclosure obligations. Coinbase argues that cryptocurrency trading on its platform does not constitute securities and seeks clarification on whether secondary market transactions meet the definition of investment contracts under securities law. Previously, Judge Katherine Failla approved Coinbase's interim appeal request and suspended all litigation proceedings in the case until the Second Circuit Court reviews the appeal. Notably, the SEC's recently established cryptocurrency working group is led by Commissioner Hester Peirce, known for her support of cryptocurrency, raising speculation that the long-standing litigation may be nearing resolution. -Original
7. $78.8 Million Worth of FTN Tokens Set to Unlock
Next week, five cryptocurrency projects will unlock tokens, releasing a total value of approximately $120 million. On February 17, APE will unlock about 15.6 million tokens (approximately $10.95 million), accounting for 1.56% of the total supply; on February 19, PIXEL will unlock about 91.18 million tokens (approximately $5.98 million), accounting for 1.824% of the total supply; on February 19, ENA will unlock about 12.86 million tokens (approximately $5.77 million), accounting for 0.086% of the total supply; on February 21, FTN will unlock about 20 million tokens (approximately $78.8 million), accounting for 2.0% of the total supply; on February 21, IMX will unlock about 24.51 million tokens (approximately $19.45 million), accounting for 1.226% of the total supply. -Original
8. Bybit Adjusts Funding Rate Interval for Perpetual Contracts
According to an official announcement, Bybit has announced that it will adjust the funding rate interval for the SOLAYERUSDT perpetual contract from the previous one-hour adjustment to every two hours. -Original
The above is a selection of hot topics from the past 24 hours. For faster news, please download AiCoin (aicoin.com)
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