Organized by: Jerry, ChainCatcher

Important News:

• Coinbase Co-founder: BTC is the optimal choice for strategic reserves, a crypto market cap index could be launched to maintain fairness
• Arthur Hayes comments on Trump promoting crypto strategic reserves, says "there's nothing new"
• David Sacks: Sold all cryptocurrencies before taking government office
• Coinbase: Has provided local ETF custody services in Hong Kong, discussing ETF sub-custody plans with HSBC
• GoPlus: STAR10 token has serious security risks, team can destroy any holder's tokens at will
• ADA rises over 70% after Trump "calls out," becomes the 8th largest cryptocurrency by market cap

"What important events occurred in the past 24 hours"

Coinbase Co-founder: BTC is the optimal choice for strategic reserves, a crypto market cap index could be launched to maintain fairness

Coinbase co-founder and CEO Brian Armstrong commented on social media regarding "Trump promoting a cryptocurrency reserve plan," stating that in terms of asset allocation for strategic reserves, BTC may be the best choice, serving as the successor to gold with the simplest and clearest narrative. If people want more variety, a market cap weighted index of crypto assets could be created to maintain fairness. However, choosing only BTC might be the simplest option.

Arthur Hayes comments on Trump promoting crypto strategic reserves, says "there's nothing new"

BitMEX co-founder Arthur Hayes commented on "Trump announcing the promotion of cryptocurrency strategic reserves," stating, "There's nothing new, just talk. When they get congressional approval for loans or raise the gold price, let me know. Without these, they have no money to buy Bitcoin and altcoins. Of course, I'm not bearish; I still hold a bullish view. But I won't buy more tokens at this point."

David Sacks: Sold all cryptocurrencies before taking government office

American AI and cryptocurrency mogul David Sacks tweeted, "I sold all my cryptocurrencies (including BTC, ETH, and SOL) before taking government office."

Coinbase: Has provided local ETF custody services in Hong Kong, discussing ETF sub-custody plans with HSBC

According to reports, the U.S.-listed cryptocurrency exchange Coinbase announced plans to expand into the Asia-Pacific market. Its Asia-Pacific Managing Director and Australia Director John O'Loghlen stated that they exited the Japanese market two years ago. Although Japan has recently relaxed token restrictions, the variety of tokens remains very limited, and platforms must have at least 10 actual employees, which poses significant challenges from a business perspective.

John O'Loghlen also mentioned that there are currently no plans to operate in Hong Kong. If an international platform enters the Hong Kong market, it may require changing the entire tech stack of the exchange. However, Coinbase has already begun providing custody services for local ETFs in Hong Kong and is discussing ETF sub-custody plans with HSBC.

GoPlus: STAR10 token has serious security risks, team can destroy any holder's tokens at will

GoPlus Security issued a warning that Ronaldinho's STAR10 token has serious security risks. GoPlus discovered that token owners can destroy any holder's tokens at will. Since ownership has not been relinquished, all tokens are at risk of being destroyed without warning.

GoPlus Security urges the Ronaldinho team to relinquish ownership immediately to protect community safety. They also remind traders to remain highly vigilant regarding this token and suggest that BNB Chain notify users of the associated risks.

ADA rises over 70% after Trump "calls out," becomes the 8th largest cryptocurrency by market cap

According to CoinGecko data, Cardano (ADA) has risen 73% since last night after Trump stated he would "promote a strategic reserve of cryptocurrencies including XRP, SOL, and ADA," reaching a high of $1.148 and currently priced at $1.136, making it the 8th largest cryptocurrency by market cap ($39.8 billion), with a current FDV of $49.9 billion. The total trading volume across the network in the past 24 hours reached $8.12 billion.

"What are some great articles worth reading in the past 24 hours"

7 personnel changes, three new organizations, can Ethereum's "self-rescue" be reborn?

Ethereum can no longer sit still…

Trump's "market rescue," a look at this week's most关注的 "macro events" and "American coin"

This week may be the most critical week affecting the future of crypto.

Trump designates cryptocurrency as part of strategic reserves, is the "American coin" spot ETF entering an acceleration phase?

Latest updates on spot ETF applications and key timelines.

Rational Return | Has crypto lost trust in Trump?

The "pump" effect is evident, but the market seems to lack the past enthusiastic cheers for policy bull markets.

Exclusive Interview with Backpack CEO Armani Ferrante: Bridging traditional finance and the crypto world

Backpack has prioritized the most challenging work, integrating it into the social framework of major markets.

Trump's "Chief Crypto Market Maker Path": Analyzing the operational logic of political capitalization from MEME to national strategic reserves

The decentralization of blockchain provides an excellent and covert manipulation space for centralized power.

Meme Popularity Rankings

According to the meme token tracking and analysis platform GMGN, as of March 3, 19:50:

In the past 24 hours, the top five popular Ethereum tokens are: CSR, SPX, XCN, LINK, MKR

In the past 24 hours, the top five popular Solana tokens are: YODA, TRUMP, KOINZ, PIPE, KAIREN

In the past 24 hours, the top five popular Base tokens are: VIRTUAL, KAITO, SHAKA, Share, USD+

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