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Daily Legal News | Starknet airdrop will open for claiming at 8:00 PM today; Bitcoin open interest nears historical high.

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Good morning! Here is a summary of important news in the cryptocurrency industry from last night and this morning on February 20th.

Selected News:

1. Starknet airdrop will be open for redemption at 20:00 today. The airdrop amount for some users has been adjusted.

2. CoinShares Report: Last week, digital asset investment products saw a record high of $2.45 billion in inflows;

3. The open interest of Bitcoin futures contracts is approaching a historical high point.

4. Blast will announce the exact mainnet launch date this week;

5. Ethena Labs has launched a public mainnet and introduced the "Shard Campaign" to incentivize users.

Price Observation

KAS breaks through $0.18, creating a new historical highAccording to market data, Kaspa (KAS) has broken through $0.18 and is currently priced at $0.1803, with a 24-hour increase of 9.08%, reaching a new all-time high.

Storage sector tokens rise across the board, with AR up over 21% in 24 hoursAccording to market data, tokens in the storage sector have seen a general rise in prices, including:

ICP 24-hour increase by 5.1%, currently priced at $14.38;

FIL 24-hour increase by 18.85%, currently priced at $7.5;

AR 24-hour increase is 21.08%, with a current price of $14.72.

STORJ has increased by 8.75% in the past 24 hours and is currently priced at $0.77 USD;

RSS3 24-hour increase of 32.7%, with a current price of 0.228 USD.

PIXEL breaks through $0.64

According to market data, PIXEL has broken through $0.64 and is currently priced at $0.6472.

Whales Market 上 STRK OTC 交易成交价上涨至 2 美元区间

Translation:

The transaction price of STRK OTC on Whales Market has risen to the $2 range

According to the information on the Whales Market trading page, the current STRK OTC transaction price on the platform has risen to the $2 range, with the highest transaction price being $2.44.

AUCTION breaks $35, with a 24-hour increase of 9.36%According to OKX market information, AUCTION has broken through $35 and is currently priced at $35.532, with a 24-hour increase of 9.36%.

Earlier today, Bounce completed a user snapshot of those who staked AUCTION on BounceBit. Qualified participants will be able to participate in their latest IDO.

CYBER experienced a short-term breakthrough of $10 before falling back, with a 24-hour increase of 13.3%.

According to market data, CYBER briefly broke through $10 and then fell back, currently trading at $9.851 with a 24-hour increase of 13.3%.

Transaction Tracking

It is suspected that Justin Sun's address bought 54,721 ETH in the past 32 hours, worth about $154.4 million.

According to Lookonchain's monitoring, a suspected Justin Sun address bought 54,721 ETH worth approximately $154 million through Binance and DEX in the past 32 hours.

STRK/ETH

STRK/USDC

ETH/USDC

USDC/USDT

The space construction game Project Matthew is now online on the BinaryX IGO platform, and the whitelist snapshot will be completed before March 1st.

BinaryX official announcement: The space construction game Project Matthew will conduct an IGO on the BinaryX IGO platform in March. Users can obtain whitelist access by holding positions on the BNX chain or within the AI Hero game.

IGO whitelist snapshot will be completed before March 1st, and the opening date of IGO is yet to be determined. The specific time will be subject to the official final announcement.

Ethena Labs has launched a public mainnet and introduced the "Shard Campaign" to incentivize users.

According to official sources, Ethena Labs has launched its public mainnet and introduced the "Shard Campaign" to incentivize users. Ethena Labs stated that the launch of the public mainnet represents the official launch of its stablecoin, USDe.

It is reported that the "Shard Campaign" will be divided into multiple eras. Each reward involves different activities related to USDe and different communities that Ethena will closely cooperate with. The first era focuses on the liquidity of the USDe Curve pool.

Ronin ecosystem DEX Katana launches RON/PIXEL liquidity pool

According to the official announcement, the Ronin ecosystem DEX Katana has launched the RON/PIXEL liquidity pool. Users can directly use the Ronin wallet to trade PIXEL tokens or provide liquidity for the RON/PIXEL trading pair.

CeFi Information

Binance leverages contract trading for Pixels (PIXEL)

According to the official announcement, Binance will list PIXEL on its margin, futures, and savings platforms respectively at 23:00 on February 19, 2024 (UTC+8), 23:00 on February 19, 2024 (UTC+8), and 08:00 on February 21, 2024 (UTC+8).

In addition, Binance's wealth management and flash exchange platform has launched a new asset, Pixels (PIXEL).

Coinbase is seeking to launch perpetual futures contracts and other derivative products in Canada.

According to CoinDesk, Lucas Matheson, the director of Coinbase Canada, stated that "Coinbase is applying for its 'restricted dealer registration' in Canada, which is a new guideline that requires trading platforms to register with Canadian officials. Canadian regulatory principles allow companies to launch new products and services, and Coinbase plans to launch perpetual futures contracts and other derivative products in Canada, and engage in public dialogue with regulatory agencies such as the Ontario Securities Commission (OSC) to update the country's policies to achieve this goal."

Binance Finance will support the distribution plan of STRK to Binance ETH staking users.

According to an official announcement, the Binance savings platform will support the distribution plan of Starknet (STRK) for Binance ETH staking users.

Binance ETH staking users will receive STRK tokens in their spot wallets based on their total BETH holdings in eligible wallets at the snapshot taken on September 16th, 2022 at 07:59 (GMT+8).

Users who meet the criteria will receive STRK token distribution within 30 days after the official distribution date determined by the Starknet Foundation, which is 20:00 on February 20, 2024, Eastern Standard Time.

Viewpoint Data

CME "Fed Watch": Probability of Fed Maintaining Interest Rates Unchanged in March is 91.5%

According to the CME "FedWatch" data, the probability of the Fed maintaining interest rates in the range of 5.25%-5.50% in March is 91.5%, while the probability of a 25 basis point rate cut is 8.5%.

Data: Blast TVL breaks $1.9 billion

According to DeBank data, the total value of assets held by the contract address of Blast, a Layer 2 network launched by Pacman, the founder of Blur, has exceeded $1.9 billion, reaching a value of approximately $1.74 billion in ETH deposited in the Lido protocol and over 161 million DAI deposited in the Maker protocol.

The total open position of Ethereum contracts on the entire network has exceeded 10.5 billion US dollars.

According to Coinglass data, the open interest of Ethereum futures contracts across the entire network has risen to 3.5693 million ETH (approximately 10.584 billion US dollars), with a 24-hour increase of 3.75%.

Binance's open position for Ethereum contracts is 1.1752 million ETH (approximately 3.483 billion US dollars), ranking first; the increase in position in the past 24 hours is 2.95%.

Bybit's open positions for Ethereum contracts are 656,000 ETH (approximately $1.944 billion), ranking second; the increase in open positions in the past 24 hours is 1.6%.

CoinShares: Last week, the capital inflow of digital asset investment products reached a record high of 2.45 billion US dollars

According to the CoinShares weekly report, the inflow of digital asset investment products reached a record high last week, totaling $2.45 billion. The total inflow for this year has reached $5.2 billion.

From the perspective of regions, the United States dominates with a 99% share of the inflow, totaling $2.4 billion.

Bitcoin accounts for over 99% of the capital inflows, and some investors have taken this opportunity to increase their short positions in Bitcoin, with a total inflow of $5.8 million. Ethereum has a inflow of $21 million. The recent downtime of Solana has affected market sentiment, resulting in a capital outflow of $1.6 million. Avalanche, Chainlink, and Polygon have each seen inflows of $1 million, $900,000, and $900,000 respectively, with sustained inflows every week since the beginning of this year.