The US Securities and Exchange Commission has officially recognized submissions from Grayscale, a crypto asset manager, to introduce exchange-traded funds (ETFs) for spot XRP and Dogecoin. The SEC's acknowledgment on Feb. 13 of Grayscale's Form 19b-4 filings for the Grayscale XRP Trust and the Grayscale Dogecoin Trust signals the beginning of a 240-day review period for the agency to make a decision. The 240-day countdown will commence once Grayscale's filings are entered into the SEC's federal register, usually occurring shortly after submission. If the filings are made now, the SEC's decision deadline would fall around mid-October. Additionally, the SEC has also acknowledged applications for Litecoin (LTC) and Solana (SOL) ETFs in the past two weeks, indicating a shift in approach to crypto-related listings under the current SEC leadership.

the US Department of Government Efficiency (DOGE) announced today that it has canceled 167 contracts, saving approximately $115 million in total. This includes a $2.23 million contract for the Department of Health and Human Services (HHS) "Existing Project Policy Fairness Assessment".

Michigan is the latest state in the US to introduce a bill for a strategic Bitcoin reserve, making it the 20th state to do so. Representatives Bryan Posthumus and Ron Robinson presented HB 4087 on Feb. 13 to establish a strategic Bitcoin reserve under the state’s Management and Budget Act. The bill allows Michigan's treasurer to invest in crypto from the general fund and economic stabilization fund, with a maximum of 10%. There are currently 20 US states with pending legislation for state crypto investments, following Texas' lead. Posthumus also suggested the creation of "MichCoin," a stablecoin tied to the state's gold and silver reserves.

according to Cointelegraph, Michigan State Representatives Bryan Posthumus and Ron Robinson submitted HB 4087 on February 13th, aiming to amend the state's "Management and Budget Act" to establish a Bitcoin strategic reserve.

Golden Finance reported that, according to The New York Times, billionaire and Airbnb co-founder Joe Gebbia is reportedly set to participate in Musk's government plan. (Golden Ten)

according to The Wall Street Journal: U.S. Vice President Pence said on Thursday that if Russian President Putin does not agree to a peace agreement with Ukraine that guarantees long-term independence for Ukraine, the United States will impose sanctions on Russia and may take military action. If Russia does not negotiate sincerely, the option of sending troops to Ukraine is still "on the table."

 according to Christine Kim's summary of the 205th Ethereum Core Developers Meeting (ACDE), the main topics discussed at this meeting were: Pectra upgrade timeline (Holesky and Sepolia testnets are scheduled to be upgraded on February 24 and March 5 respectively, if the testnets go smoothly, the upgrade will take place on the mainnet on April 8), Fusaka upgrade plan (discussion on accelerating the Ethereum upgrade process, Tim Beiko finally decided to lock in the scope of Fusaka on April 10), and EOF update (debate on whether EOF should be implemented together with PeerDAS and whether it should be included in Fusaka; EOF stands for EVM Object Format, which made some changes to Ethereum's code execution environment).

 according to relevant page information, Musk changed his X personal profile to "Volunteer Tech Support".

according to the Bitcoin Office of El Salvador, President Nayib Bukele met with MicroStrategy founder Michael Saylor at the presidential palace today to discuss Bitcoin-related issues.

According to official announcement, the Starknet ecological lending protocol, zkLend, announced this morning that it has encountered a security incident. The team has urgently suspended the protocol's withdrawal function and urged users to suspend deposit and repayment operations to prevent further losses. The zkLend team stated that they are investigating the root cause of the attack and will release further updates after determining the specific situation.

according to the market, BTC has fallen below $95,500 and is now trading at $95,442.16, with a 24-hour decline of 2.38%. The market is volatile, so please be prepared for risk control.

 Nansen stated on social media that the Unichain mainnet has gone live. In the past 24 hours:

Fox Business reporter Eleanor Terrett revealed that the SEC will respond to Coinbase's appeal on February 14. Previously, Judge Failla had approved Coinbase's intermediate appeal on whether digital assets on its platform are subject to existing securities laws.

On February 12th, The ETF Store President Nate Geraci posted on social media that Schwab plans to extend retail stock and ETF trading hours to five days a week, 24 hours a day. Geraci stated that this move shows that traditional finance is gradually moving closer to the decentralized finance (DeFi) trading model, and in the long term may move towards comprehensive securities tokenization. Geraci further pointed out that although some believe investors should not be able to trade at any time, the new generation of investors values the accessibility of trading, rather than arbitrary restrictions based on personal opinions.

On February 12th, Aave's leading position in the DeFi lending field seems to be facing fierce competition. According to data compiled by Token Terminal, Solana-based DeFi project Kamino has seen a 1,368% increase in net deposits since January 2024, while Morpho has seen a 214% increase in net deposits during the same period. At the same time, Aave's net deposit growth rate is around 213%.

Authorities from the US, Australia, and the UK have imposed sanctions on Zservers, a Russia-based provider of bulletproof hosting services, for allegedly supporting the LockBit crypto ransomware gang. The sanctions involve freezing assets of Zservers and its UK-based front company, XHOST internet Solutions LP, as well as imposing asset freezes and travel bans on six individuals, according to the US Treasury’s Office of Foreign Assets Control (OFAC) and the UK’s Foreign Office on Feb. 11. The US Treasury highlighted that bulletproof hosting service providers offer tools that can conceal locations, identities, and online activities, enabling cybercriminals to target critical infrastructure in the US and internationally. Zservers administrators Alexander Igorevich Mishin and Aleksandr Sergeyevich Bolshakov, along with other individuals, have been sanctioned for their involvement in directing LockBit crypto transactions and supporting the gang's attacks. Chainalysis reported that Zservers received funds from various actors, including ransomware groups and affiliates, and cashed out funds at a sanctioned Russian-based exchange, Garantex.

according to Spot On Chain monitoring, F2Pool & Stakefish founder Chun Wang (@satofishi) sold 2.5 million LDO for $4.5 million USDT in the past 14 days. Since returning on November 21, 2024, after a 10.5-month break, he sold 6.1 million LDO at around $1.708 per token, exchanging them for 10.42 million USDT, with selling activity picking up. He was an initial member of Lido DAO, receiving 20 million LDO, but now only holds 2.5 million tokens (worth $3.88 million).

 according to Lookonchain monitoring, 3 hours ago, a whale withdrew 25,306 SOL (5 million US dollars) from Coinbase. Yesterday, the whale spent 38,138 SOL (7.8 million US dollars) to buy arc and ai16z.