TechubNews

Techub News Report, according to Caixin, Hong Kong SAR Financial Secretary Paul Chan Mo-po today stated that Hong Kong has limited direct trade and investment with Iran, but the Middle East conflict creates significant uncertainty for the global economy. He estimates that financial markets will experience greater volatility, with capital flows becoming faster and more uncertain. Local funds may seek a "safe haven" by coming to Hong Kong. The SAR government has prepared contingency plans and is carefully managing financial risks. He pointed out that this conflict could temporarily impact gold p

Techub News: Elon Musk posted on the X platform stating that the Timeline filter feature is now live on X. Users can click on the For You timeline and select topics to filter, including topics like "cryptocurrency." This feature helps users avoid irrelevant content such as politics and focus on areas of interest. Elon Musk said that simply clicking on For You allows users to switch topics. Currently, this feature is not supported across all platform devices; iOS / Android apps (some users have already received the update).

Techub News Report, according to SoSoValue data, this week the US XRP spot ETF saw a total net inflow of approximately $9.55 million, with total assets under management of about $980 million; the SOL spot ETF experienced a total net inflow of approximately $44.44 million, with total assets under management of about $750 million.

Techub News reports that, according to SoSoValue data, this week Hong Kong Bitcoin spot ETF net subscriptions are 12.73 units, and Ethereum spot ETF net subscriptions are 908.78 units. As of February 27, the total holdings of Hong Kong Bitcoin spot ETF assets are approximately 3880 units, with a total net asset value of about $262 million; Hong Kong Ethereum spot ETF assets hold approximately 32,200 units, with a total net asset value of about $65.43 million.

Techub News Announcement: Kalshi CEO Tarek Mansour posted on X that the platform will not list markets directly linked to death. For prediction markets involving potential outcomes related to death, rules will be established to prevent anyone from profiting. Specifically, for the Khamenei resignation prediction market, all fees will be refunded; if users hold positions before Khamenei's death, they will be settled at the last transaction price before death. If positions are opened after death, the full entry cost will be refunded.

Techub News Update: As of February 26th Eastern Time, approximately 5.3 billion USDC were issued within one week, about 4 billion USDC were redeemed, resulting in a net increase of approximately 1.3 billion USDC. As of the same date, the circulating supply of USDC was approximately 75.2 billion, with the total reserve assets valued at around 75.5 billion USD.

Techub News reports that as tensions between the US, Israel, and Iran escalate, traditional markets are closed for the weekend, and perpetual crypto contracts have become a primary channel for risk hedging. On the Hyperliquid platform, crude oil perpetual contracts rose about 5%, reaching $70.6 per barrel; gold perpetual contracts increased approximately 1.3% to $5,323 per ounce; silver rose about 2% to $94.9 per ounce. The 24/7 trading nature of the crypto market highlights its advantage when traditional markets are closed, driving increased investor interest in on-chain perpetual contracts.

Techub News Report: According to The Wall Street Journal, sources say that multiple intelligence agencies, including the U.S. Central Command, are still using Anthropic's Claude AI tool for analysis and decision-making, just hours before the U.S. government announced a ban on federal agencies using the AI tool in the attack on Iran. The U.S. Central Command declined to comment on the specific systems used in the military operations against Iran.

Techub News: Aave founder Stani Kulechov posted on X stating that the Aave Will Win proposal has passed the Temp Check phase. The proposal will drive Aave Labs to transition to a fully token-centric model, with 100% of product revenue directed to the AAVE token. The goal of the proposal is to transfer protocol income to the DAO in exchange for operational funds. The next step will be to optimize the structure based on community feedback and move into the ARFC phase.

Techub News reports that, according to CertiK monitoring, the crypto industry in February suffered approximately $35.7 million in losses due to exploits, with about $8.5 million attributed to phishing. This is the lowest monthly loss since March 2025. Major incidents include YieldBlox losing $10.59 million, IoTeX losing $8.99 million, Foam losing $2.26 million, and others; the primary category of losses is wallet compromise, totaling around $16.32 million.