1. Kalshi and Polymarket added over 270,000 new users last month; the latter's monthly retention rate exceeded 50%; 2. Polymarket's probability of a US recession before the end of 2026 surged to 41%; 3. Fed mouthpiece: WTI crude oil's single-day increase may reach a record high; 4. Former CFTC chairman: Banks need regulatory clarity more than the crypto industry; 5. US stock futures market capitalization evaporated by over $2 trillion; 6. Supreme People's Court report: Severely punish crimes such as money laundering and foreign exchange evasion using virtual currencies as a medium, and work together to prevent illegal cross-border fund transfers; 7. Bloomberg strategist: The crypto market decline may be the beginning of a "deflationary domino effect," and the situation in Iran may trigger a US recession; 8. A whale with over $94.8 million in profits deposited 1 million USDC to open a long position in CL; 9. Trader Pension leveraged a long position of 1,000 BTC, currently showing a floating profit of $9.7 million.

South Korea is contemplating the implementation of an oil price cap as Middle East tensions continue to escalate, driving global oil prices higher. According to Jin10, South Korean President Lee Jae-myung called for the swift introduction and bold implementation of a maximum oil price system during an emergency economic meeting on Monday. This move comes as international oil prices approach $120 per barrel, marking the highest level since 2022. The ongoing reduction in oil production by Middle Eastern countries, coupled with the blockade of the Strait of Hormuz and the United States' threats to escalate the conflict, has kept the energy market under pressure. South Korea, which relies almost entirely on imported energy, transports approximately 70% of its oil through the Strait of Hormuz. The proposed oil price cap mechanism would be the first of its kind in nearly 30 years for South Korea, aiming to mitigate the impact of geopolitical instability on the domestic energy supply chain.

Saudi Aramco has initiated a series of rare tenders to provide immediate crude oil supply, responding to the effective closure of the Strait of Hormuz. Bloomberg posted on X, highlighting the impact of the disruption, which has trapped shipments and necessitated a rerouting of oil flows through the Red Sea. The strategic move by Saudi Aramco aims to mitigate the logistical challenges posed by the blockage of one of the world's most crucial maritime passages for oil transport. The Strait of Hormuz is a vital corridor for global energy trade, and its closure has significant implications for oil markets and supply chains. By offering prompt crude supply, Saudi Aramco seeks to ensure stability in the market and maintain its role as a reliable supplier amid geopolitical tensions affecting the region. The rerouting through the Red Sea represents an alternative pathway to circumvent the current obstacles, underscoring the adaptability of oil logistics in response to geopolitical developments.

DeFi lending protocol Aave experienced a significant increase in monthly active users, reaching approximately 155,000 in February. According to NS3.AI, this marks a record high for the platform and represents nearly double the number of active users compared to six months prior. Analysts attribute this growth to a decline in basis trading yields, which have fallen from around 10%–30% to below 4%, prompting investors to turn to DeFi lending as an alternative.

Elon Musk initiated a poll on the social media platform X, inquiring whether users have ever bought products as a result of advertisements they encountered on the site. According to NS3.AI, the poll aims to gauge the effectiveness of X's advertising in driving consumer purchases. This initiative reflects Musk's interest in understanding user behavior and the impact of advertising on the platform.

According to the Financial Times, the G7 will discuss a joint release of emergency oil reserves. Three G7 countries, including the United States, have already expressed support for this move. International oil prices fell sharply in the short term, with WTI crude oil's intraday gains narrowing to 20%. (Jinshi)

Three G7 countries, including the United States, have expressed support for a coordinated release of emergency oil reserves. According to Jin10, this move aims to address potential disruptions in the global oil supply chain. The decision comes amid ongoing geopolitical tensions that threaten to impact energy markets. The collaboration among these nations reflects a strategic approach to stabilize oil prices and ensure energy security. Further discussions are expected as the situation develops.

DeFi lending protocol Aave saw its monthly active users reach a record high of approximately 155,000 in February, representing a growth of about 100% over the past six months. Analysts point out that as basis trading yields have fallen from 10% to 30% to below 4%, low-risk, high-return strategies have decreased, leading investors to turn to DeFi lending. Currently, Aave has nearly $27 billion in total value locked across 20 blockchains. Furthermore, the governance group Aave Chan Initiative announced its cessation of operations last week due to a transparency dispute with Aave Labs.

Japan's Prime Minister Sanae Takaichi announced that the government is contemplating the use of reserves to prevent gasoline prices from reaching levels that would be burdensome for households. According to Jin10, this move is part of a broader strategy to manage energy costs and mitigate the impact on consumers. The government aims to ensure that fuel prices remain affordable, reflecting its commitment to economic stability and consumer protection.

Prada Group is tasked with integrating its recent acquisition while maintaining the momentum of its core brand and popular subsidiary, Miu Miu. Bloomberg posted on X, highlighting the challenges the luxury fashion company faces in balancing its new purchase with existing operations. The focus remains on ensuring that both Prada and Miu Miu continue to appeal to their respective audiences without losing their distinct identities. The integration process is crucial for Prada Group to sustain its market position and growth trajectory.

From tariffs to Greenland to Venezuela, every adventure Trump has taken has ended in retreat, and every retreat has been packaged as a victory. Then he attacked Iran. This time, the price of retreat is the end of the American order.

"The damage these missiles inflict on the confidence of foreigners in the UAE may be greater than their physical destruction."

The son of a federal contractor has been arrested after allegedly bragging online about a $46 million crypto heist that he had performed on the United States Marshals Service, a move that ultimately led to his downfall.

Netflix has acquired AI filmmaking technology start-up InterPositive, founded by Ben Affleck, and brought its 16-person team into the company. Affleck will join Netflix as a senior adviser while the streaming platform plans to use the AI tools to help filmmakers with production and post-production work.

The US private lending market has expanded rapidly in recent years and has become one of the important funding channels for US AI and technology companies. However, the market is relatively lax in its regulation and information disclosure is not perfect, so there are multiple potential risks and hidden dangers in the market.

If we were to draw a conclusion to this year's ETH Denver, it would be this: it is a microcosm of the industry during a bear market and a transitional phase.

ETF holders, treasury companies, and miners have all shown resilience, while Bitcoin’s structural buyers have quietly increased their holdings during the price pullback.

HSBC research found that 44% of tasks in the “agent AI” workflow rely on CPU, which is 3-4 times that of traditional AI computing, making CPU and memory the biggest bottlenecks restricting data center computing power.

With the unfolding of Trump's "Don Rothschild Doctrine," a paradigm shift in American dominance in the Western Hemisphere has begun. Financial markets have adjusted through gains in energy and some emerging market assets, but volatility and risk remain.

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse at 8 AM," issue 2990, providing you with the latest and fastest news on the digital currency and blockchain industry.