Token Unlocks data shows that tokens such as HFT, GAL and LQTY will receive a one-time large amount of unlocking this week, with a total release value of US$14.98 million. in:

The "Beijing Manufacturing Digital Transformation Implementation Plan (2024-2026)" recently released by the Beijing Municipal Bureau of Economy and Information Technology shows that Beijing will create an innovative application demonstration of artificial intelligence. Actively promote universities, scientific research institutes, and emerging R\&D institutions to build large models of industrial artificial intelligence, and promote the innovative application of artificial intelligence technology in vertical subdivisions of the manufacturing industry. A batch of vertical demonstration applications and solutions in the subdivided field of artificial intelligence large model manufacturing industry will be collected to encourage the formation of typical applications and promotion cases, and a reward of 5 million yuan will be given to outstanding solutions that realize the first application.

The whale/institution that spent US$50.14 million in January to buy 20,718 ETH at an average price of US$2,420 bought 446,000 UNI (worth approximately US$5 million) in the last 18 hours. This whale/institution dispersed 80.24 million USDT to 8 addresses in early January, and then transferred 50.14 million USDT from 5 addresses to Binance and Bitfinex from January 21 to 23, buying 20,718 USDT at an average price of 2,420 USD. After purchasing ETH, the 30 million USDT in the other three addresses remained unused. The purpose of transferring the stablecoin to CEX this time is to buy UNI, and I should continue to buy it. In addition, the whale/institution purchased 20,718 ETH in January and has made a profit of US$20.73 million (+41%).

Special purpose acquisition company Arisz Acquisition Corp. (Nasdaq: ARIZ) announced the completion of its business combination with cryptocurrency mining services company BitFuFu. Arisz shareholders approved the transaction at a special shareholder meeting on February 28, 2024, and BitFuFu shareholders also approved the transaction. The merged listed company is BitFuFu Inc., and its Class A common shares and warrants are expected to begin trading on the Nasdaq Stock Market on March 1, 2024, under the stock symbols "FUFU" and "FUFUW".

Robinhood Wallet has announced that it has integrated with Arbitrum. Through Arbitrum’s advanced scaling solutions, Robinhood Wallet users can now trade quickly and with lower transaction costs on the network. Johann Kerbrat, general manager of Robinhood Crypto, said the Arbitrum token swap has been in testing for “a few weeks” and is now publicly available.

Onramp Invest has announced that advisors on its platform will now have direct access to the CoinDesk 20 Index, a diversified and trusted benchmark index for the global growing crypto economy. The CoinDesk 20 Index covers the 20 most liquid digital assets, weighted by market capitalization and capped at 30% for the largest component (currently Bitcoin) and 20% for the other constituents (currently Ethereum) to promote diversity. Onramp Invest provides a range of digital asset investment solutions to meet the specific needs of its clients.

Sources revealed that South Korea’s ruling party has “indefinitely postponed” plans to relax cryptocurrency restrictions, including lifting the ban on spot Bitcoin ETFs. The party’s reversal of its stance may be due to difficulties coordinating with government and financial authorities on cryptocurrency policy.

Vitalik Buterin wrote on Warpcast that total value locked (TVL) should not be the goal, but a necessary evil. Every dollar locked up in a protocol (especially an immature one) rather than in a secure and simple wallet is a security risk in some way. He stressed that sometimes we need to take such risks to gain valuable benefits, but lockdowns for the sake of lockdowns should be minimized.

Chain game Pixels announced on the Complete the "Key to Success" mission). According to reports, Pixels pets can increase the range of activities of players in the game, increase inventory space, etc., and will also play an role in the future PVP mode. It is reported that the total number of pets this time is 3,000, and the opening window is 24 hours.