PANews

Stablecoin issuers have sparked intense competition among issuers, application layers, and users behind high profits. The application layer seeks profit sharing by controlling user relationships or launches its own branded stablecoins to bypass issuers. As user expectations for returns increase, the application layer faces a dilemma and may need to return some profits to users. Ultimately, users could become the main beneficiaries of this game.

If the cryptocurrency industry is compared to a set of teeth, then the path of listing (listing) over these years is like a process of "industry orthodontics." From the chaos of 2017 to the industrialized flow in 2025, each token distribution method in the market essentially represents a correction of the industry's structural deformities and a challenge to the distribution of chips.
In this process, project teams pursue top-tier liquidity, evolving from the early "volume battles" to the now high-cost "bride price model"; exchanges, in order to survive, attract traffic and fees, shifting from the early listing logic to a pricing logic.
How do exchanges, project teams, VCs, and traders destroy each other, love each other, slander each other, and achieve each other?
For you, countless times.
Introduction
Teeth are a very "magical" organ in the human body. Why do I say that? Because teeth are the only in the human body

Author: 0xKira, Arkham
Compiled by: Moni, Odaily Planet Daily
Anatoly Yakovenko (@toly) is the creator of the Solana blockchain and has become a leading figure in the blockchain industry. He is also a well-known billionaire in the field. This article will explore his personal wealth.
As one of the most influential figures in the cryptocurrency space, Anatoly Yakovenko founded one of the most widely used blockchain platforms, Solana. Based on available information, his personal holdings of tokens, and his equity stake in Solana Labs, it is estimated that his net worth in 2026 could range from $500 million to $1.2 billion. The wide range is mainly due to recent significant fluctuations in Solana's token price.
Anato

Highlights of the Current Issue
According to incomplete statistics from PANews, there were 9 investment and financing events in the global blockchain space last week (2.9-2.15), with a total funding amount exceeding $48 million. The overview is as follows:
The Infrastructure & Tools sector announced 4 investment and financing events, including the stablecoin and on-chain foreign exchange liquidity infrastructure project Superset completing a $4 million seed round, with 7RIDGE participating;
In the centralized finance sector, 1 investment and financing event was announced, with Inference Research completing a $20 million seed round, led by Avenir Group under Li Lin;
In other Web3/blockchain application areas, 4 investment and financing events were announced, including the Web3 entertainment ecosystem project YOAKE, which announced an additional investment of approximately $3.2 million from Sony Innovation Fund;

Tom Lee mentioned in a podcast that Bitcoin has undergone 14 years of development, and early holders are beginning to sell their Bitcoin, leading to a shift in wealth distribution. At the same time, he warned that quantum computing poses a risk to certain Bitcoin wallets, as some wallets cannot be upgraded. Resolving this issue may require a Bitcoin fork.

Author: bootly, Bitpush News
The Ethereum Foundation (EF) is once again at a crossroads of personnel upheaval.
Tomasz Stańczak, Co-Executive Director of the Ethereum Foundation, announced that he will step down at the end of this month. This comes shortly after his collaboration with Hsiao-Wei

Original Title: "Who is at the CFTC Table? A Reallocation of the United States' Innovation Financial Discourse Power"
Byline: KarenZ, Foresight News
On February 12, 2026, the U.S. Commodity Futures Trading Commission (CFTC) officially issued Notice No. 9182-26, announcing the list of members for the Innovation Advisory Committee (IAC).
If you think this is just a routine list of external advisors for a regulatory agency, you're completely mistaken.
This list, which includes traditional financial giants, leading platforms in the crypto industry, DeFi infrastructure providers, top venture capital firms, and academic representatives, is not merely a simple industry advisory group. Instead, it is a key step in the implementation of the CFTC's innovative financial market regulation collaboration framework based on the Federal Advisory Committee Act.

Top News Preview:
60,000 Bitcoins in Qian Zhimin Money Laundering Case Asset Disposal Faces Deadlock; Hearing Scheduled for February 16;
Flying Tulip to Launch Public Sale on February 16;
21shares to Distribute Staking Rewards to Solana ETF Holders on February 17;
Trump Family’s Crypto Project WLFI to Hold the First "World Liberty Forum" at Mar-a-Lago on February 18;
U.S. Supreme Court to Issue Ruling on Tariffs on February 20;
LayerZero (ZRO) to Unlock Approximately 25.71 Million Tokens at 7 PM Beijing Time on February 20, About 5.98% of Circulating Supply, Valued at Around $49.1 Million;
February 16
Policy and Regulation:
Caixin: 60,000 Bitcoins in Qian Zhimin Money Laundering Case Asset Disposal Faces Deadlock

On February 11, 2026, at the Hong Kong Convention and Exhibition Centre, under the spotlight of the Consensus conference, Hong Kong Securities and Futures Commission (SFC) CEO Julia Leung and the Executive Director of the Intermediaries Division, Ye Chih-hang, took the stage one after another. They announced a package of new regulations that sent a deep water bomb into the digital asset market—licensed virtual asset brokers can now provide financing services to securities margin clients, perpetual contracts received their first regulatory framework, and platform affiliates are allowed to act as market makers.
This is the most significant regulatory move by the Hong Kong SFC in the digital asset field since the release of the ASPIRe roadmap in February 2025. But compared to the surface-level headline of "Hong Kong finally loosening crypto leverage," a more important question to ask is: why now? Why are collateral assets limited to Bitcoin and Ethereum? Why is the margin reduction rate set at 60%?
Answers to these questions point to a deeper proposition: the Hong Kong SFC is treating the virtual asset market as a digital asset monitor.

Stablecoins are gradually becoming the mainstream of digital payments, offering advantages of low cost and fast settlement. As a monetary software, the boundary between stablecoins and the US dollar is blurred, facilitating global transactions. Clarification of policies has driven the adoption of stablecoins, enhanced the global status of the US dollar, and reshaped the financial landscape.

If you were stranded on a deserted island, would having a trillion dollars in your bank account be useful? The answer is that a bowl of hot soup is more useful than those numbers!
Elon Musk said in an interview that many people think that the economy = money, but they are completely wrong. Money is just a "database" used to record and exchange goods and services; it has no inherent power.
Even if you own all the Bitcoin in the world, you would still starve on a deserted island. What can truly save your life is always that bowl of hot soup, that piece of clothing. Real economy is tangible goods and services, not the numbers bouncing in your account. Money is just a tool, not the goal.

The author shared their experience of their Twitter account being locked due to a setup error, along with the subsequent solution and reflection. The author emphasizes the importance of being cautious during operations, understanding platform rules, and avoiding major losses caused by minor mistakes. Additionally, they highlight the importance of paying attention to freedom, health, and the use of tools to better respond in times of crisis.

Author: Jianwei Zhizhuo Miscellaneous Talks
I listened to a blog post tonight, very interesting. Especially the alternative mineral investment model. The essence of investing in minerals, that is, the stage where minerals really make big money, is after production when metal prices rise. Therefore, from a cycle perspective, initial projects before going public are unlikely to attract funds (risks include cycle, liquidity, exit timing).
However, in another model, the risks of the mineral cycle are separated through financial instruments. Many places are exploring this, including the mineral investment via concession rights mentioned in this article. Currently, overseas markets are doing this more extensively.
The host of this dialogue, Rob Tyson, is the founder and director of Mining International and Mining International Executive, a leading global mining recruitment and headhunting firm.
And the guest, Jeremy Gray,

The article discusses the fundamental difference between the credit system and the algorithmic trust system in the AI Agent Economy. The credit system relies on human laws and reputation, while algorithmic trust is based on mathematics and code. The author believes that as AI develops, the trading entities will gradually shift, and algorithmic trust will become increasingly important. However, the credit system still applies to high-uncertainty scenarios and long-term trust relationships. The future trust structure should be a layered architecture that combines the advantages of both, with standard definitions shaping the control of the ecosystem.