Important information from last night and this morning (February 25-February 26)

SEC ends investigation into Uniswap Labs without taking enforcement action

According to Uniswap Labs' announcement, the U.S. Securities and Exchange Commission (SEC) has officially ended its multi-year investigation into it without taking any enforcement action. Previously, the SEC had issued a Wells notice to Uniswap Labs, accusing it of operating an unregistered securities exchange, engaging in unregistered brokerage or clearing business, or issuing unregistered securities. The end of this investigation is seen as an affirmation of the compliance of decentralized finance (DeFi).

Uniswap Labs said it will continue to engage in dialogue with regulators to promote the healthy development of the DeFi industry, and is committed to improving market transparency, reducing transaction costs, and reducing reliance on intermediaries.

SEC confirms receipt of Grayscale Ethereum spot ETF pledge application

Ethereum Foundation Executive Director Aya Miyaguchi to Move to Chairman

Aya Miyaguchi, executive director of the Ethereum Foundation (EF), will move to the position of President to continue supporting the foundation's institutional relationships and promoting the development of the Ethereum ecosystem. Vitalik Buterin said that the Ethereum Foundation (EF) is developing a new leadership structure and the specific details will be announced soon.

Market News: Nasdaq has submitted 19b-4 application documents for Grayscale DOT ETF

OpenAI launches Deep Research feature to Plus users

According to the OpenAI announcement, the Deep Research feature is now fully open to ChatGPT Plus, Team, Edu and Enterprise users. The feature can embed images with citations and optimizes the understanding and citation capabilities of uploaded files. The query quota for Deep Research is as follows: • Plus, Team, Enterprise and Edu users can use it 10 times per month • Pro users can use it 120 times per month.

Hemi mainnet will be launched on March 12, integrating Bitcoin and Ethereum ecosystems

The modular blockchain network Hemi Mainnet will be officially launched on March 12, 2025, aiming to achieve deep integration of Bitcoin and Ethereum through Hemi Virtual Machine (hVM). Founded by early Bitcoin developer Jeff Garzik and blockchain security expert Max Sanchez, Hemi is committed to building a super network that integrates Bitcoin and Ethereum and provides efficient, secure and scalable Web3 infrastructure.

Foreign media: Meta discusses $200 billion AI data center project

Bitwise Completes $70 Million Financing, Electric Capital and Others Participate

According to official news, Bitwise announced the completion of US$70 million in financing, with Electric Capital, MassMutual, MIT Investment Management Company, Highland Capital, Haun Ventures, ParaFi Capital and others participating in the investment. The funds will be used to continue to advance its development into a leading crypto asset management company.

Currently, Bitwise manages $12 billion in client assets, has more than 100 employees, and offers more than 30 investment solutions. The company plans to continue to expand its team and launch new products.

AI company Anthropic plans to raise $3.5 billion at a valuation of $61.5 billion

According to Bloomberg, artificial intelligence startup Anthropic is about to complete a round of financing of US$3.5 billion, with a valuation of US$61.5 billion, higher than the initial financing target. Sources revealed that Lightspeed Venture Partners had pushed Anthropic to raise US$2 billion at the beginning of the year, and then expanded the financing target to US$3.5 billion, and the subscription was oversubscribed, showing the market's high interest in the company. Potential investors include Menlo Ventures, Bessemer Venture Partners, General Catalyst and Abu Dhabi's MGX.

Phantom’s cross-chain transaction volume has exceeded $1 billion

Microsoft open-sources Magma, a multimodal AI agent

RWA blockchain development company Mavryk Dynamics completes $5.2 million financing, led by Ghaf Capital and others

Bybit launches Lazarus hacker group bounty website, with total bounty of 10% of recovered funds

Bybit CEO Ben Zhou posted on the X platform that the Lazarus hacker group bounty website has been launched, which will display transparent data about Lazarus' money laundering activities.

It is reported that the total bounty is 10% of the recovered funds. If all the funds are recovered, the total bounty may be as high as 140 million US dollars. The specific distribution is: 5% to the entity that successfully freezes the funds, and 5% to the contributors who help track the funds.

Infini: Funds are currently stored in the Cobo Custodian wallet, and all functions of the Infini card are operating normally

Pump.fun deposited another 87,787 SOL to Kraken, with a total transfer of over $260 million SOL throughout the year

According to Onchain Lens, Pump.fun once again deposited 87,787 SOLs to the Kraken exchange, worth about $12.58 million. Since 2025, the platform has transferred a total of 1,322,830 SOLs, worth about $260.1 million. Overall, Pump.fun has earned a total of 2,990,563 SOLs, with a current market value of about $431 million.

Aave votes to suspend Polygon PoS chain lending, which may lead to a loss of more than $300 million in TVL

According to The Block, the Aave community has approved a proposal to significantly increase the risk parameters of the Polygon PoS chain, essentially stopping lending services on the chain. Currently, Aave is the DeFi protocol with the highest TVL on Polygon, with deposits exceeding $300 million.

The move stems from Polygon's proposal in December last year to use more than $1 billion in stablecoin reserves to generate income, which aroused concerns in the Aave community. Aave founder Marc Zeller proposed adjusting the risk parameters of Aave v2 and v3 to prevent further deposits and prevent users from borrowing against collateral. In the end, Aave DAO passed the proposal with 692,000 votes in favor and 117,000 votes against, reducing the loan-to-value ratio (LTV) of USDT and USDC on the Polygon PoS chain to 0%.

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