Odaily Planet Daily News: Huaxia Hong Kong Dollar Digital Currency Fund chooses Ethereum public chain for issuance; the initial scale is about 107 million US dollars; currently only the primary market is open for subscription and redemption, and secondary market transactions have not yet been realized. In the future, it will strictly abide by the guidelines of the Hong Kong Securities Regulatory Commission and actively work with Hong Kong licensed virtual asset exchanges to study the next step of secondary market product development. Huaxia said that after tokenization, it can provide more interest-bearing tools for the on-chain ecosystem. In the future, it hopes to see stablecoin holders come to invest, and will explore the tokenization of money market funds in different currencies, including the tokenization of RMB money market funds. Investors subscribe to the token shares of the fund, and the underlying assets of the fund are no different from traditional money market funds. According to the product information summary, no less than 70% of the net asset value will be invested in short-term deposits, fixed income and bonds, government bonds, certificates of deposit, commercial paper, fixed and floating rate short-term notes, bank acceptance bills, etc. denominated and settled in Hong Kong dollars, as well as other securities permitted by the Hong Kong Securities Regulatory Commission's "Unit Trust and Mutual Fund Code". (Caixin)

Odaily Planet Daily News On March 2, DoraHacks held BUIDL Day in Denver, focusing on the early startup teams of the DoraHacks platform, and 45 star projects participated in the fair and roadshow. At BUIDL Day, DoraHacks released important focus areas for 2025, including: consumer-grade encryption applications, autonomous intelligent body encryption and organization, Freedom of BUIDL and privacy technology, sovereign independent blockchain, open source quantum software and infrastructure, quantum blockchain, open source hardware, etc. DoraHacks partners such as Aptos, Flow, Circle, Kaia, Sonic, Cosmos, Babylon, Movement, Initia, etc. participated in the event and provided support.

According to PANews, cryptocurrency analyst Ali Martinez shared insights on the X platform, indicating that historically, Bitcoin tends to rebound when on-chain traders experience actual losses of -12%. Currently, this figure stands at -14%, suggesting a potential recovery for Bitcoin.

On Mar 02, 2025, 06:00 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 86,000 USDT benchmark and is now trading at 86,011.21875 USDT, with a narrowed 0.50% increase in 24 hours.

WIF's bullish move faces a barrier but remains strong. source: https://ambcrypto.com/examining-if-dogwifhat-traders-can-push-wif-past-this-major-hurdle/

Minister of Finance Katsunobu Kato has finally addressed a bitcoin tax issue the Japanese have been worried about for months now: the absurd possibility of 110% taxes on bitcoin and other digital assets. Kato noted at a budget committee meeting that this situation is indeed possible under the current law and is “not limited to […] source: https://www.cryptopolitan.com/japan-finance-minister-bitcoin-tax/

According to Foresight News, SoftBank Group CEO Masayoshi Son is in discussions to secure a loan of up to $16 billion dedicated to investments in the AI sector. The company may seek an additional $8 billion in borrowing by early 2026. Previously, The Information reported that SoftBank plans to invest a total of $40 billion in Stargate, a joint venture with Oracle and OpenAI, and OpenAI... source: https://www.binance.com/en/square/post/20985559088706?utm_source=BinanceNewsRSS

According to Foresight News, SoftBank Group CEO Masayoshi Son is in discussions to secure a loan of up to $16 billion dedicated to investments in the AI sector. The company may seek an additional $8 billion in borrowing by early 2026. Previously, The Information reported that SoftBank plans to invest a total of $40 billion in Stargate, a joint venture with Oracle and OpenAI, and OpenAI itself. The company has initiated talks to raise up to $18.5 billion, backed by its publicly listed assets.

According to Odaily, DoraHacks and Dora Ventures have announced a strategic partnership with Google Cloud during BUIDL Day. As part of this collaboration, Google Cloud will provide $350,000 in cloud computing and AI services to the most promising startups within the DoraHacks ecosystem. Additionally, the partnership aims to launch more developer incentive programs focusing on cutting-edge... source: https://www.binance.com/en/square/post/20992008138817?utm_source=BinanceNewsRSS

According to Odaily, DoraHacks and Dora Ventures have announced a strategic partnership with Google Cloud during BUIDL Day. As part of this collaboration, Google Cloud will provide $350,000 in cloud computing and AI services to the most promising startups within the DoraHacks ecosystem. Additionally, the partnership aims to launch more developer incentive programs focusing on cutting-edge technology fields, including hackathons centered on quantum computing and open-source hardware.

The Ethereum Foundation recently appointed two co-executive directors: Hsiao-Wei Wang and Tomasz Stanczak.

This week, 38 blockchain startups raised a total of $540.6 million in funding. The largest funding round this week: Figure raised $200 million in a public fundraising round.

With David Sacks pushing for it, an encrypted meeting at the White House is imminent.

A black swan event suddenly occurred in the cryptocurrency market: the Bybit exchange wallet was hacked, with losses reaching as high as $1.5 billion, setting a record for the largest security incident in history.

Golden Finance launches the 2617th issue of "Golden Morning 8" - a morning report on the cryptocurrency and blockchain industry, providing you with the latest and fastest news on the digital currency and blockchain industry.

Investment banks switch to Web3? Entered the circle in 2017, played "DeFi Summer" in 2020, but accidentally discovered the airdrop track? Has he obtained tens of millions of results in 4 years? How did "Airdrop Master" Fengmi @Kui_gas do it?

The dilemma of U.S. debt cannot be solved in a short period of time, and in the end it still has to be handled according to the two paths of the debt crisis mentioned above.

Memecoin is performing poorly. Dogecoin (DOGE) is down 60% from its 2024 high, Pepe (PEPE) is down 73% from its all-time high, and Dogwifhat (WIF) has plummeted 88%. Not only that, the market downturn is also intensifying.

This article analyses the regulation of digital assets in the European Union, Gibraltar, Hong Kong, Japan, Singapore, Switzerland, the United Arab Emirates, the United Kingdom and the United States.

The company's fate depends entirely on the future trend of Bitcoin - if Bitcoin remains depressed for a long time, MicroStrategy may fall into debt crisis or even bankruptcy; but if Bitcoin continues to rise, the company will maintain strong growth.