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2026
MON
03/02
06:58
Hong Kong Monetary Authority, Shanghai Data Bureau, and National Blockchain Technology Innovation Center Sign Cooperation Memorandum

Odaily News: The Hong Kong Monetary Authority (HKMA), the Shanghai Data Bureau, and the National Blockchain Technology Innovation Center announced today that they have jointly signed the "Shanghai-Hong Kong Freight Trade and Financial Digitalization Cooperation Memorandum of Understanding." This aims to further promote in-depth cooperation between Shanghai and Hong Kong in areas such as digital empowerment of freight trade and finance. It leverages Hong Kong's unique advantages as a "super connector" and "super value-adder" to facilitate internal and external connectivity, supporting Shanghai's connection to the international data ecosystem through Hong Kong. According to the Memorandum of Understanding, the HKMA, the Shanghai Data Bureau, and the National Innovation Center will jointly research innovative cooperation in digital technology and applications, promoting the application and innovation of digital technology in fields such as freight trade and finance. The parties will jointly explore the use of digital technology to build a "cross-border platform," conduct cross-border financial cooperation under the Ensemble project, study the application of electronic bills of lading, and advance integration with the Commercial Data Interchange and CargoX, using freight and trade data to drive trade financing between the two regions. (Jin10)

06:33
Approximately 9.09 million BTC are currently in a loss position

Odaily News According to CryptoQuant analysis, approximately 9.09 million BTC (46% of the circulating supply) are currently in a loss position.

06:10
Japan's 10-year government bond yield fell by 5.0 basis points to 2.06%

Odaily News Japan's 10-year government bond yield fell by 5.0 basis points to 2.060%. (Jin10)

06:07
Gate User Base Reaches 50 Million, Spot and Derivatives Trading Volume Consistently Ranks in Top Three

According to official data, the number of registered users on the cryptocurrency trading platform Gate has exceeded 50 million. Key metrics such as user scale, trading activity, and product coverage capabilities have entered a new stage of development. The data also reflects the platform's stable support in terms of market depth, with spot and derivatives trading volume consistently ranking in the top three, and overall liquidity remaining stable. Currently, Gate supports trading for over 4,400 types of crypto assets, placing its coverage at an industry-leading level.

Focusing on the continuous improvement of its trading structure and asset system, Gate has introduced TradFi-related assets such as stock tokens and metal tokens, and completed the upgrade of Gate DEX, promoting the parallel development of centralized and decentralized trading. Simultaneously, Gate launched GateAI to enhance information processing and intelligent support capabilities within a multi-asset environment. In terms of security and compliance, the platform's reserve coverage ratio has reached 125%, and it continues to expand its global compliance framework. The 50 million user milestone indicates that Gate's trading system, risk control, and product ecosystem are capable of supporting long-term, large-scale user operations.

06:01
Binance to Adjust Minimum Price Movement Units for Multiple USDT-Margined Contracts
Odaily News According to an official announcement, Binance will adjust the minimum price movement unit (Tick Size) for multiple USDⓈ-M perpetual contracts at 15:00 (Beijing Time) on March 5, 2026. Affected contracts include MYXUSDT, GRIFFAINUSDT, and others. The adjustment aims to enhance market liquidity and trading experience. (This flash news was AI-assisted.)
05:51
Institutions: The current Middle East conflict may be short-lived

Odaily News Hong Leong Investment Bank analysts stated in a report that the current US-Israel-Iran conflict is expected to be short-lived, similar to the 12-day conflict last year. Oil prices are expected to rise temporarily before normalizing back to the $60-70 per barrel range. While rising crude oil prices may increase Malaysia's fuel subsidy expenditure, the government is unlikely to alter its 3.5% fiscal deficit target for 2026. The conflict could lead to a stronger US dollar and a weaker Malaysian ringgit, putting pressure on the local stock market in the short term. Upstream oil and gas and petrochemical companies may benefit, while airlines like AirAsia X and Westports Holdings could face headwinds. (Jin10)

05:39
South Korean Finance Minister Vows Reforms After Mishandling of Cryptocurrency

Odaily News: South Korea's Deputy Prime Minister and Minister of Economy and Finance, Choo Kyung-ho, has pledged a comprehensive overhaul of how the country's public institutions handle digital assets. This comes after a series of incidents exposed weaknesses in the government's custody and oversight of seized cryptocurrency.

Choo Kyung-ho stated that he will collaborate with agencies such as the Financial Services Commission and the Financial Supervisory Service to examine the current status and management practices of digital assets held and managed by the government and public institutions through measures like seizures. Swift action will be taken to enhance digital asset security and prevent similar incidents from recurring. He emphasized that the digital assets held by the government are strictly limited to those obtained through legal enforcement measures such as tax seizures or criminal investigations. (Decrypt)

05:37
Multiple Crypto Community Users Report X Account Locks Due to Posting Suspected Ad Content; "Paid Partnership" Rules Draw Attention Again

Odaily News Multiple crypto community users reported today that their X platform accounts were locked due to posting content suspected of being advertisements. The primary reason is that posts "containing referral links for projects are judged by the X platform as advertisements," thus requiring compliance with the latest "Paid Partnership" rules. However, according to feedback from some crypto KOLs, at this stage, removing the relevant tweets allows for an account unlock application. Analysis from the crypto community suggests that currently, all suspected advertisement posts must use the official "Paid Partnership" label or prominently state "Ad / Sponsored by XXX" at the beginning. Disclosure must be immediately visible, and sponsored content requires mandatory labeling; otherwise, posts are highly likely to be deleted or accounts suspended. Long-form posts currently do not have an official label, but a manual disclaimer can be added in a prominent position. Furthermore, according to crypto community user feedback, Grok analysis indicates that simply sharing crypto viewpoints, opinions, and project updates is categorized as personal expression and does not count as a "Paid Partnership."

Previously, X product lead and Solana advisor Nikita Bier clarified that the "Paid Partnership" feature is used to label commercially promoted content, enhancing transparency with followers and clearly distinguishing between commercial collaborations and organic content. The X platform encourages creators and brands to engage in commercial collaborations on X, but undisclosed promotional content harms product integrity and undermines user trust in the content.

05:36
The likelihood of a Japanese interest rate hike has become extremely slim following the US-Israel attack on Iran

Odaily News According to the latest remarks made by Bank of Japan Deputy Governor Ryozo Himino on Monday, no clear signals were given regarding a near-term interest rate hike. Influenced by the conflict that erupted in the Middle East over the past weekend, this further reinforced the existing expectations in financial markets—that Bank of Japan policymakers will choose to maintain the status quo at this month's monetary policy meeting.

"I want to closely monitor the developments in the Middle East situation," Ryozo Himino emphasized during a speech to local business leaders in Wakayama Prefecture, western Japan.

Following the US-Israel attack on Iran, the global economic outlook has become increasingly uncertain. Himino's remarks this time suggest that the possibility of an interest rate hike at the Bank of Japan's policy meeting on March 19th has become extremely slim. This stands in stark contrast to his stance in January 2025—when he explicitly hinted that the committee would discuss raising the benchmark rate at subsequent meetings, after which the Bank of Japan indeed raised borrowing costs as scheduled.

Himino's choice to "remain silent" this time aligns closely with market participants' expectations. Pricing in the Overnight Index Swap (OIS) market indicates that the probability of the Bank of Japan raising the policy rate from 0.75% this month is only 6%. However, market expectations for April are entirely different, with pricing reflecting a probability of about 65% for a rate hike at the April meeting.

05:32
Iranian military claims to have launched more missiles at Israel

Odaily News According to Al Jazeera: The Iranian military claims to have launched more missiles at Israel. (Jin10)

05:22
Explosions Reported in Multiple Countries Hosting U.S. Military Bases

Odaily News According to local time on the morning of March 2, air raid sirens were sounded in Manama, the capital of Bahrain, accompanied by loud explosions. Loud explosions were also reported in Doha, Qatar, and Dubai, UAE. (Jin10)

05:21
Thick smoke billows from the courtyard of the U.S. Embassy in Kuwait

Odaily News: Thick smoke billows from the courtyard of the U.S. Embassy in Kuwait. (CCTV News)

05:10
Binance Pay Launches Tourist QR Code Payment Feature in Vietnam
Odaily News According to an official announcement, Binance has announced that its payment service, Binance Pay, has integrated a QR solution to support tourist payments in Vietnam. Through this feature, tourists can scan the QR codes of supported merchants and directly use the crypto asset balance in their Binance accounts to complete payments. This feature is currently exclusively available to tourists visiting Vietnam who have completed identity verification. (This news flash was generated with AI assistance.)
05:09
Planet Noon News

1. Polymarket's weekly notional trading volume surpasses Kalshi for the first time since November last year;

2. Trump Media & Technology Group considers spinning off TruthSocial for listing to prioritize crypto business development;

3. Abraxas Capital increases short position on gold again, total position approximately $5.14 million;

4. Opinion: This Iran conflict is unlikely to trigger an oil crisis;

5. MagicEden CEO states it will stop supporting Ethereum and Bitcoin NFT markets to shift focus to prediction markets;

6. Whale uses 40x leverage to short 750 BTC, currently facing an unrealized loss of $1.187 million;

7. X product lead clarifies that the "Paid Partnership" label is not targeting prediction markets but rather strengthening commercial content disclosure mechanisms;

8. Influenced by the growth in Polymarket trading activity, Polygon's POL burn in February also hits a new all-time high;

9. Opinion founder: Hopes the community will lower expectations for the S1 airdrop and emphasizes greater focus on S2 rewards.

05:01
BitMart to List Bitway (BTW)

Odaily News According to an official announcement, BitMart will list Bitway (BTW) at 17:00 (UTC+8) on March 2. The listing will open the BTW/USDT trading pair.

Bitway is a Bitcoin-compatible Layer 1 blockchain specifically built for Bitcoin business, offering native Bitcoin wallet and address compatibility along with a full suite of Bitcoin applications.

04:37
Steak'nShake Announces All Hourly Workers to Receive 21 Cents in Bitcoin per Hour

Odaily News According to a social media post by the American fast-food chain Steak'nShake, starting March 1st, all hourly employees will receive 21 cents worth of Bitcoin for every hour worked.

Additionally, the company stated it will provide $1,000 in funding to "Trump accounts" to support the education of employees' children.