South Korea, known for its leading memory chip manufacturers Samsung and SK Hynix, is turning its focus to high-bandwidth flash technology. Bloomberg posted on X, highlighting the country's strategic shift towards this emerging technology. This move comes as the global demand for advanced memory solutions continues to rise, driven by the increasing need for faster data processing and storage capabilities. The development of high-bandwidth flash is seen as a crucial step for South Korea to maintain its competitive edge in the semiconductor industry. As traditional memory technologies face limitations in speed and efficiency, high-bandwidth flash offers a promising alternative to meet the growing demands of modern computing applications. Industry experts believe that this focus on high-bandwidth flash could position South Korea as a leader in the next generation of memory technology. The country's investment in research and development, along with its established infrastructure, provides a strong foundation for advancing this technology. As the global tech landscape evolves, South Korea's emphasis on high-bandwidth flash underscores its commitment to innovation and its role as a key player in the semiconductor market. The success of this initiative could have significant implications for the future of data storage and processing worldwide.

The Aave community is experiencing heightened tensions as a $51 million proposal, described as the largest funding request in Aave's history, approaches a vote. According to Odaily, the Aave Chan Initiative (ACI) and its founder, Marc Zeller, released an 'audit' report on Aave Labs, sparking widespread discussion. ACI suggested on social media that before the proposal, titled '$51M Aave Will Win,' enters the Snapshot voting phase, the community should review Aave Labs' past performance and its use of approximately $86 million in funds. Zeller stated that ACI has already published its own transparency report and evaluated Aave Labs using a framework of 'what was delivered, at what cost, and what were the returns.' The report highlighted that Aave Labs' total capitalization is around $86 million, including $16.2 million from a 2017 ICO, $32.5 million from VC funding, $31.93 million from direct DAO grants, and approximately $5.5 million in 'unauthorized' swap fees. Zeller also mentioned that the founding team initially held 23% of the LEND supply, which later migrated to AAVE, but the current AAVE holdings have not been publicly disclosed. The report questions why Aave Labs has not released an 'accountability report' that includes cost-benefit analysis, financial disclosures, and wallet transparency, suggesting that despite receiving substantial funding over time, information disclosure remains insufficient.

Business development companies are experiencing significant liquidity pressures, according to a recent analysis. Bloomberg posted on X, highlighting the challenges these companies face in maintaining financial stability amid fluctuating market conditions. The newsletter, titled 'Going Private,' delves into the complexities of liquidity management for these entities, which are crucial in supporting small and medium-sized enterprises. As market dynamics continue to evolve, business development companies must navigate these challenges to ensure their ongoing viability and support for the broader economy.

U.S. Treasury yields continued their upward trend as risk appetite improved and stock market gains reduced demand for safe-haven assets. According to Jin10, the U.S. Conference Board's consumer confidence data released on Tuesday exceeded expectations, further supporting the view that a rate cut in the U.S. is unlikely in the short term. Despite this, Frank Walbaum from Naga noted in a report that renewed trade tensions could reignite risk aversion. The potential increase of a global temporary tariff from 10% to 15% keeps trade risks elevated and raises concerns about new measures.

The United States and the United Kingdom are in discussions to collaborate on civil nuclear technology, according to Jin10. The two nations are considering jointly hosting a summit focused on fusion technology. This initiative aims to strengthen bilateral ties and advance technological innovation in the nuclear sector. The collaboration could potentially lead to significant advancements in energy production and sustainability. Further details on the summit and the specific areas of cooperation are yet to be disclosed.

Stocks experienced an upward trend as investors await Nvidia's earnings report, which is expected to test the AI trade. Bloomberg posted on X, highlighting the market's focus on Nvidia's performance as a key indicator for the technology sector. Analysts are closely monitoring the company's results, which could influence broader market sentiment and investment strategies. Nvidia's earnings are anticipated to provide insights into the AI industry's growth and potential challenges. The stock market's response to these earnings will be crucial in determining future investment directions in the tech sector.

The Agricultural Development Bank of China Shanghai Branch has announced the introduction of digital RMB services for corporate clients, effective February 25. According to NS3.AI, this initiative aligns with the national digital RMB strategy, offering compliant solutions for digital currency circulation. The operations will adhere to regulatory requirements, including anti-money laundering and counter-terrorism financing rules, to ensure safety and compliance.

msx.com 行情显示，Circle（CRCL）财报表现超预期，CRCL 盘前上涨 14.22%，一度突破 70 美元，暂报 69.87 美元此前消息，Circle 发布 2025 财年业绩报告。截至 2025 年末的 USDC 流通量为 753 亿美元，增长 72%；2025 年第四季度 USDC 链上交易量为 11.9 万亿美元，增长 247%；2025 财年总收入和储备金收入为 27 亿美元，增长 64%。

据官方消息，Gate 现已上线 ROBO 永续合约盘前交易（USDT 结算），支持 1-10 倍杠杆。

Aave 社区治理矛盾再度升温。Aave Chan Initiative（ACI）及其创始人 Marc Zeller 在一项被称为“Aave 史上最大资金申请”的 5100 万美元提案投票前夕，发布针对 Aave Labs 的“审计”报告，引发广泛讨论。ACI 在社交平台表示，在“$51M Aave Will Win”提案进入 Snapshot 投票前，社区应审视 Aave Labs 过往表现及其累计约 8600 万美元资金使用情况。Zeller 称，ACI 已先行发布自身透明度报告，并用“交付了什么、成本多少、回报如何”的框架，对 Aave Labs 进行同样评估。报告指出，Aave Labs 累计“总资本化”约 8600 万美元，包括：2017 年 ICO 融资 1620 万美元、VC 轮融资 3250 万美元、DAO 直接拨款 3193 万美元，以及约 550 万美元被指为“未经批准”的 Swap 费用。Zeller 同时提及，创始团队曾持有 23%的 LEND 初始供应量（后迁移为 AAVE），但当前 AAVE 持仓情况未公开披露。报告质疑 Aave Labs 尚未发布包含成本产出比、财务披露及钱包透明度的“问责报告”，认为在长期获得大额资助背景下，信息披露仍显不足。（The Block）

截至2月20日，比特小鹿的自有比特币持仓正式归零。

到2026年，现实世界资产（RWA）代币化已走出试点阶段和概念验证期。

Web 4.0不仅是技术创新，更是对社会结构和经济模式的深刻变革。

AI代理开始为自己打工，区块链成为机器经济的底层货币，现实与虚拟的边界日益模糊，Web 4.0的浪潮正在汇聚。

MoonPay推出MoonPay代理工具，该工具可让人工智能系统在获得资金后，无需人工干预即可创建钱包、持有资金并执行加密货币交易。该平台基于MoonPay命令行界面构建，支持交易、兑换、定期支付及机器间交易，同时将托管权限保留在用户掌控之下。

据报道，Stripe正考虑收购竞争对手PayPal。这家曾占据主导地位的金融科技巨头正面临日益激烈的竞争、高管频繁变动以及股价较2021年峰值暴跌85%的困境。

高盛报告《HALO影响力》指出，AI时代市场从“可扩张的轻资产”转向“难复制的实体资产”。

明知资金「还在链上」，却难以推动公安机关完成查封、冻结与处置。

韩国一起加密货币投资纠纷已升级为谋杀未遂案，检方指控一名39岁男子因81.1万美元比特币亏损而毒害商业伙伴。

比特鹿已出售其全部企业比特币持仓，至2026年2月20日将自有比特币余额降至零。该公司表示此举将释放现金流，用于支持数据中心扩建、人工智能项目及新型挖矿硬件的投资。