Odaily News Vitalik posted on the X platform, stating that Ethereum has been discussing Account Abstraction (AA) since early 2016. Now, EIP-8141, as a comprehensive proposal, aims to address all remaining issues related to AA. The core concept of this proposal is "frame transactions," where a transaction contains N calls that can read each other's call data and authorize the sender and gas payer.

This mechanism supports multiple use cases: ordinary account transactions (such as multi-signature, variable keys, quantum-resistant signature schemes) are completed through validation frames and execution frames; when paying gas fees with non-ETH tokens, it can be achieved through a payment master contract without any intermediaries; for privacy protocols, it can be implemented by verifying ZK-SNARKs or adding two-dimensional random numbers through a payment contract.

In terms of security, at the on-chain level, a transaction is only valid when the validation frame returns an ACCEPT with a pay-gas flag. At the mempool level, conservative rules will be adopted initially and gradually expanded later. EIP-8141 is highly complementary to FOCIL, with FOCIL ensuring rapid transaction inclusion and AA ensuring that complex operations can be executed directly as first-class transactions. The proposal is also discussing EOA compatibility, which is feasible in principle. After over a decade of research, these technologies are expected to be implemented through the Hegota fork within a year.

Odaily News According to CoinGlass data, a total of 147,171 people were liquidated across the entire network in the past 24 hours, with total liquidation amounts reaching $505 million. Among these, long position liquidations amounted to $362 million, while short position liquidations were $143 million. The largest single liquidation order occurred on Aster's BTCUSDT trading pair, valued at $11.1713 million.

Odaily News As tensions escalate between the US, Israel, and Iran, traders are turning to crypto trading venues for 24/7 hedging. Perpetual contracts linked to oil on Hyperliquid rose approximately 6.2% to $70.6 per barrel, while gold and silver perpetual contracts surged over 5% and 8% respectively, reaching $5,464 per ounce and $97.5 per ounce. Silver perpetual contracts saw over $4 billion in trading volume in the past 24 hours, gold contracts nearly $1.4 billion, while US stock index contracts on the platform fell 1% to 2%.

The Iran conflict triggered a risk-off sell-off in the crypto market, with Bitcoin dropping as much as 3.8% to $63,038 before stabilizing around $64,000; ETH fell as much as 4.5% to $1,836. According to CoinGecko data, the total market capitalization of digital assets evaporated by approximately $128 billion after the conflict erupted.

Jake Ostrovskis, Head of OTC Trading at Wintermute, stated that because Bitcoin trades 24/7, it has become the most liquid asset for traders to express macro views when other markets are closed, and more asset classes are moving towards 24/7 trading. Charlie Ambrose, Co-founder of Felix, said this was another weekend of achieving 24/7 price discovery through perpetual contracts on Hyperliquid, which is expected to drive a macro shift in how global markets operate.

Odaily News According to a Reuters witness, a loud noise was heard in Dubai.

The witness reported seeing thick smoke and flames over the Palm Island community in Dubai. (Jin10)

Odaily News According to Iranian media: Following the attacks launched by the United States and Israel against Iran, Iran's Supreme Leader Khamenei will deliver a speech within minutes. (Jin10)

According to Lookonchain monitoring, a Polymarket user, anoin123, had consistently bet that the US/Israel would not launch a strike against Iran, accumulating profits of over $2 million within two months. However, following the strike incident, anoin123 incurred a single-day loss of $6.5 million, turning from a profit of over $2 million to a loss of over $4.5 million.

Odaily News Three informed sources stated that Iran's Defense Minister Amir Nasirzadeh and Islamic Revolutionary Guard Corps Commander Mohammad Pakpour were killed in an Israeli attack. (Jin10)

Odaily News Eleven U.S. senators have sent a letter to Treasury Secretary Scott Bessent and Attorney General Pamela Bondi, demanding a comprehensive review of whether Binance complies with U.S. sanctions and anti-money laundering requirements, and an assessment of its implementation of the 2023 settlement agreement.

The letter cites reports stating that approximately $1.7 billion in digital assets flowed through Binance to entities linked to terrorism in Iran, including organizations associated with the Houthis and the Islamic Revolutionary Guard Corps. Investigators also found that over 1,500 accounts were accessed by Iranian users, along with potential activities related to circumventing Russian sanctions. The letter further points out that some Binance compliance personnel who identified suspicious transactions were subsequently dismissed, and law enforcement agencies indicated that Binance's cooperation in providing customer information has declined.

Senators Chris Van Hollen, Ruben Gallego, and nine other senators co-signed the letter. They also expressed concerns about Binance's payment card launched in the former Soviet region and its stablecoin-related partnership projects, suggesting these products could potentially be used to evade sanctions. The senators requested the relevant agencies to report on the progress of the review by March 13.

Additionally, Senator Richard Blumenthal initiated a congressional investigation into Binance this Tuesday, requesting relevant documents and internal records from Binance CEO Richard Teng. Binance has denied the allegations, stating that it has identified and reported suspicious activities to authorities and does not allow Iranian users on its platform. (Cointelegraph)

Odaily News Senior Iranian Revolutionary Guard Corps commander Jabari issued a stern warning to U.S. President Trump. He publicly stated that the missiles used in today's retaliatory action were merely "old stock from the warehouses," implying that Iran's true strategic trump card has not yet been played. Jabari further revealed that Iran is about to showcase and deploy a series of "never-before-seen mysterious weapons" on the battlefield. He emphasized that the power and technological level of these advanced equipment will far exceed external expectations, aiming to deliver devastating blows to the aggressors. (CCTV International News)

Odaily News According to real-time data from the international oil tanker traffic monitoring system, the sailing speed of oil tankers currently in the waters surrounding the Straits of Hormuz has generally dropped to zero, indicating that shipping in the region has come to a standstill. Simultaneously, several European governments have issued emergency orders to their flagged oil tankers en route, strictly prohibiting passage through the Straits of Hormuz to avoid the security risks posed by the escalating current situation. (CCTV News)

Odaily News: According to Israeli daily newspaper: The UAE has decided to evacuate the world's tallest tower, the Burj Khalifa. (Jin10)

According to official news, JustLend DAO has officially launched the USDD 2.0 Supply Mining Phase XV event. This phase commenced at 20:00 (Singapore Time) on February 28, 2026, and will last until March 28. Users can participate by depositing $USDD on the platform. The annualized yield for this supply mining phase is approximately 5%, and rewards will be distributed weekly in USDD.

According to CertiK monitoring, the total losses caused by all security incidents in February amounted to approximately $35.7 million, with about $8.5 million attributed to phishing attacks. This figure represents the lowest monthly loss since March 2025.

Odaily News According to Whale Alert monitoring, 115 million USDT ($115,049,162) was transferred from Aave to the HTX exchange.

1. Opinion: Bitcoin funding rate drops to -6%, conditions for a potential short squeeze are forming;

2. A whale has accumulated $12.4 million in digital gold since October 2025, currently with an unrealized profit of $3.521 million;

3. DeFiance Capital Founder: Cryptocurrency has become the preferred short hedge tool during weekend risk-off events;

4. US President Trump is expected to deliver another national address on Saturday morning local time;

5. Iran has launched ballistic missiles at all Gulf countries except Oman;

6. A wallet created just 3 days ago bought bullish shares on "US strikes Iran" on Polymarket and has currently profited $493,500;

7. US officials expect Iran's attack operations to last for several days, possibly even weeks;

8. US military base in Bahrain attacked, Qatar intercepts Iranian missile, explosions reported in UAE;

9. Trump states action concluded to take over Iranian government;

10. Israel claims its actions against Iran have achieved the set objectives.