Odaily News OpenAI has raised $110 billion with a pre-money valuation reaching $730 billion. Investors include SoftBank ($30 billion), NVIDIA ($30 billion), and Amazon ($50 billion). The company has also established new strategic partnerships and secured AI computing resources.

ChatGPT currently boasts over 900 million weekly active users, more than 50 million subscribers, and over 9 million paid enterprise users, with record growth expected early this year. This transaction values the OpenAI Foundation's stake at over $180 billion.

Odaily News The U.S. January PPI MoM was 0.5%, expected 0.30%, with the previous value revised from 0.50% to 0.4%. The U.S. January PPI YoY was 2.9%, expected 2.60%, with the previous value at 3.00%. (Jin10)

Odaily News: According to an official announcement from OpenAI, OpenAI and Amazon have announced a multi-year strategic partnership. Amazon will invest $500 billion in OpenAI, with an initial investment of $150 billion. The remaining $350 billion will be completed in the coming months upon meeting specific conditions.

The two parties will jointly develop a stateful runtime environment powered by OpenAI models. This environment will be made available to AWS customers via Amazon Bedrock and is expected to launch in the coming months. AWS will become the exclusive third-party cloud distribution provider for OpenAI's Frontier platform, which enables enterprises to build, deploy, and manage teams of AI agents.

Regarding infrastructure, the two parties have extended their existing $380 billion multi-year agreement by an additional $1 trillion, with a term of 8 years. OpenAI has committed to utilizing approximately 2 gigawatts of Trainium compute power through AWS infrastructure, covering Trainium3 and the next-generation Trainium4 chips expected to begin delivery in 2027.

Furthermore, OpenAI and Amazon will also collaborate on developing custom models for Amazon developers to use in consumer-facing applications, supplementing Amazon's existing Nova series of models.

Odaily News According to Lookonchain monitoring, an address (0x83C0...Dc1) bridged 5,263 ETH (worth $10.4 million) via NEAR Intents over the past 4 days and exchanged it for 2,000 XAUT.

According to data from on-chain derivatives platform Deribit, Bitcoin options traders are building positions for a rebound towards $90,000, with early signals suggesting the market may be attempting to form a bottom.

Sean Dawson, Head of Research at Deribit, pointed out that Bitcoin's volatility has retreated to the 50% range, a level historically associated with consolidation rather than panic selling. The 25-delta skew indicator has recovered from around -15% in late February to approximately -7%, indicating traders are shifting from aggressive defense to more balanced expectations. Bitcoin options expiring on March 27th hold the largest current open interest, with significant accumulation of call options at the $80,000 and $90,000 strike prices, showing that bulls are positioning for a recovery into the $85,000 to $95,000 range over the next month. However, there remains substantial open interest in put options at the $60,000 and $55,000 strike prices.

Bitcoin is currently trading around $84,000, down 3.2% over the past 24 hours. U.S. spot Bitcoin ETFs previously saw four consecutive months of net outflows, but have recorded over $1 billion in net inflows over the past three days, with Thursday's net inflow reaching $254.4 million. BlackRock's IBIT and Bitwise's BITB contributed $275.8 million and $69 million, respectively.

Binance Research noted that hedging in the options market has reached its most extreme level since the FTX collapse, and recent cryptocurrency price movements have been highly correlated with high-beta tech stocks. Han Tan, Chief Market Analyst at Bybit, stated that the $70,000 psychological level has consistently suppressed bulls this month, and Bitcoin may record its fifth consecutive monthly decline. However, fundamentals remain supportive, and once the macro environment clarifies, fund flows could reverse.

Odaily News According to Onchain Lens monitoring, a World Liberty Finance-related address (0x11ea...4a4e) deposited 11.4 million WLFI into OKX, valued at $1.31 million.

Odaily News: Open-source AI lab Sentient has officially launched Arena, a real-time, production-grade environment for global AI developers to stress-test and competitively iterate the reasoning capabilities of enterprise-grade AI agents. Initial participants include Founders Fund, Pantera, Franklin Templeton (which manages over $1.5 trillion in assets), as well as alphaXiv, Fireworks, OpenHands, and OpenRouter.

Arena simulates real-world scenarios within enterprise workflows, including incomplete information, lengthy contexts, ambiguous instructions, and conflicting sources, while recording complete reasoning traces to help engineering teams pinpoint failure causes. The first challenge focuses on document reasoning, requiring AI agents to reason and compute based on complex unstructured data.

Julian Love, Managing Partner of Franklin Templeton Digital Assets, stated that structured environments like Arena will help the industry distinguish between "promising ideas" and "truly production-ready capabilities." Sentient co-founder Himanshu Tyagi noted that enterprises need to validate the stability and repeatability of agent reasoning in production environments. Arena will launch globally, with plans to host offline events in San Francisco starting March 2026.

Odaily News: The Bitcoin Historian posted on platform X, stating that billionaire Jack Dorsey's Blocks company announced the addition of 340 BTC, worth $22 million, in the fourth quarter, and added the Bitcoin gains to its treasury.

According to an official announcement from Binance, the Bitway BTW token will begin circulation on March 2, 2026, at 16:00.

Odaily News ZKsync has announced that it will officially deprecate ZKsync Lite on May 4, at which point block production will cease and the network's final state will be permanently frozen. ZKsync Lite, launched in June 2020 under the name ZKsync 1.0, is considered Ethereum's first zero-knowledge proof rollup but does not support smart contract functionality. Matter Labs halted development on Lite after launching the zkEVM ZKsync Era, which supports arbitrary smart contracts, in March 2023.

The team stated that this deprecation does not affect Era or other chains built on the ZK Stack framework. After shutdown, a read-only API will be maintained for at least one year to support data access. Users are advised to withdraw their assets before May 4. Funds not withdrawn can still be claimed thereafter.

According to L2BEAT data, approximately $33.9 million in assets remain on ZKsync Lite via the canonical bridge. This includes about $24.9 million in stablecoins, approximately $8.4 million in ETH and its derivatives, around $313,000 in BTC and its derivatives, and about $231,000 in other assets.

Odaily News Decentralized contract exchange Grvt released its 2026 roadmap on X, confirming that the complete token economic model will be announced in March, including information on the allocation structure, unlock schedule, and distribution mechanism.

Grvt revealed that holding GRVT will provide the following benefits:

1. Enjoy more favorable fee rates in perpetual contracts, spot trading, and payment scenarios;

2. Obtain higher yields on deposits deployed in DeFi;

3. Share in protocol revenue and gain priority access to new markets and products.

Odaily News Stablecoin issuer Tether's current trading valuation range in the secondary market is $350 billion to $375 billion, lower than the previously reported maximum fundraising target of $500 billion by Bloomberg. Based on communications with crypto investors and executives, Forbes currently values Tether at approximately $200 billion, significantly higher than its $50 billion valuation a year ago.

Calculated at a $200 billion valuation, CFO Giancarlo Devasini, who holds approximately 44%-45% of the shares, has a net worth of about $89 billion. CEO Paolo Ardoino and former CEO Jean-Louis van der Velde each hold about 19%, with a net worth of approximately $38 billion. General Counsel Stuart Hoegner holds about 12%, with a net worth of around $25 billion. Calculated at a $350 billion valuation, Devasini's stake would be worth over $156 billion, exceeding Warren Buffett's net worth of $147.8 billion. Cantor Fitzgerald holds a 5% stake, valued at $10 billion based on a $200 billion valuation.

Tether's profit last year was approximately $10 billion (unaudited), with USDT's market capitalization reaching $184 billion. Over 80% of its reserves are backed by U.S. Treasury bonds and short-term securities. The company also holds about $23 billion in gold and $6.4 billion in Bitcoin. Its venture capital portfolio covers over 120 companies, valued at more than $10 billion. Tether recently launched the U.S.-compliant stablecoin USAT, with Anchorage Digital Bank serving as the issuer. (Forbes)

Odaily News: U.S. District Judge Andrew Carter Jr. of the Southern District of New York has ruled that Binance cannot compel a group of U.S. customers to arbitrate their loss claims stemming from purchases of crypto tokens on its global platform before February 20, 2019. The related class action lawsuit will proceed in open court.

The judge determined that Binance's 2019 arbitration clause does not apply to the aforementioned claims. This is because Binance failed to provide adequate notice to users when it unilaterally amended the 2017 version of its Terms of Service, and the 2017 version did not contain an arbitration or class action waiver clause. The judge noted that Binance relied solely on a general terms change clause and posting the updated 2019 terms on its website, with no evidence indicating the exchange provided any individual notice or formal announcement to users. The judge also ruled that the 2019 arbitration clause cannot be applied retroactively to claims arising before its effective date.

The case, Williams v. Binance, was filed by five U.S. investors from California, Nevada, and Texas. They allege that Binance and its founder CZ illegally sold unregistered securities and failed to register as a broker-dealer. Binance responded that all claims arising on or after February 20, 2019, have been voluntarily dismissed by the plaintiffs, and it will actively defend against the remaining claims. (Cointelegraph)

Odaily News: On February 26, the South Korean National Tax Service inadvertently leaked the mnemonic phrase of a cryptocurrency hardware wallet in a press release announcing the seizure of assets from high-value tax delinquents. The press release featured an uncensored photo showing a Ledger wallet along with a handwritten mnemonic phrase.

According to monitoring by the Blockchain Research Institute at Ilshin University and Onchain data, this vulnerability led to approximately $4.8 million (around 6.4 billion Korean won) in assets being suspectedly stolen by hackers. On-chain data shows that in the early hours of the 27th, 4 million PRTG tokens from the related wallet were transferred to an anonymous address. Experts criticized the South Korean tax authorities for lacking basic cybersecurity awareness, which directly resulted in significant losses of state assets.

Odaily News The UK Gambling Commission plans to explore the possibility of allowing gamblers to use cryptocurrency to place bets, a move that aligns with the UK's ongoing development of a digital asset regulatory framework. According to Tim Miller, Executive Director of Research and Policy at the Gambling Commission, who revealed this in a speech on Thursday, as the UK Financial Conduct Authority (FCA) is expected to establish rules for crypto activities by 2026, gambling companies may become one of the types of institutions applying for crypto licenses under the new regulatory regime.