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Asia's weekly TOP10 crypto news: Japan to Lower VC Investment Threshold for Web3, Terra Founder Do Kwon to Be Extradited to the United States, Huobi HK's License Application has been Withdrawn and Top10 News（0219-0225）
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Ethereum core developer Terence said that the Sepolia testnet has just been smoothly upgraded to Pectra with a near-perfect proposal rate. Ethereum's Pectra hard fork upgrade covers EIP-2935, EIP-7002, and EIP-7251. The mainnet upgrade is scheduled for mid-March 2025.
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On March 4, the Bitcoin spot ETF had a total net outflow of $143 million, and the total net asset value of the Bitcoin spot ETF was $99.374 billion, falling below $100 billion; the Ethereum spot ETF had a total net inflow of $14.5779 million, the first net inflow after the net outflow in the past 8 days.
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Fox Business reporter Eleanor Terrett said that several crypto industry executives have confirmed that they will attend the White House Crypto Summit on Friday, including Strategy founder Michael Saylor, Bitcoin Magazine CEO David Bailey, Paradigm co-founder Matt Huang, Exodus CEO J.P. Richardson, Multicoin Capital co-founder Kyle Samani, World Liberty Financial co-founder Zach Witkoff, Chainlink co-founder Sergey Nazarov, Coinbase CEO Brian Armstrong, Robinhood CEO Vlad Tenev and Kraken CEO Arjun Sethi.
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The whale/institution that received the most ETH compensation from the liquidation of Genesis Trading in August last year sold 40,000 ETH (US$89.2 million) through OTC in the past two days. This address received 114,500 ETH (US$358.19 million) in August last year. @EmberCN
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Today, multiple addresses from Ethena multi-signature (0x68…A67F) transferred ENA to CEX, including address: 0x7e…c4F8 transferred 8.5 million ENA to Binance; address: 0x44…CfE2 transferred 17 million ENA to Binance; address: 0xab…c1b3 transferred 12.865 million ENA to Binance.
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