Linera Launches Babbage Testnet

On February 17, CryptoQuant analyst Darkfost noted that data shows Binance’s whale Bitcoin inflow ratio surged from 0.4 on February 2 to 0.62 on the 15th—reflecting a larger share of Bitcoin deposits from big holders and potentially ramping up market selling pressure. Darkfost’s analysis pointed out some of the inflows are linked to activity from the “BTC OG Insider Whale.” On-chain data shows this whale has deposited roughly 10,000 BTC into Binance over the past two weeks. Darkfost added this isn’t an isolated trend: multiple whales have sent significant Bitcoin transactions to the exchange, not just because Binance has ample liquidity, but also because uncertain market conditions are pushing investors of all kinds to reevaluate their risk exposure and strategies.

On February 17, Cointelegraph reported that Wyoming U.S. Senator Cynthia Lummis has stated Kraken will provide financial support for “Trump Accounts” set up for newborns in the state. Kraken Co-CEO Dave Ripley noted that the company chose to locate its headquarters in Wyoming because the state is “thoughtful and responsible” in crypto regulation and aims to give back to the local community.

Feb. 17 – Decentralized perpetual contract platform Lighter announced today that it has revised its liquidity provider (LP) infrastructure, rolling out separate LP strategies for distinct market types (including real-world assets, RWA). Risk management, liquidation procedures, and auto-deleverage (ADL) will now be administered at the strategy level, allowing LPs to direct more liquidity to newly listed markets.

On February 17, OpenSea announced it will host a live stream event on March 30 to unveil its latest product updates and future roadmap, noting the event will kick off the platform’s “next chapter.” In response to community speculation about when its token generation event (TGE) will occur, OpenSea CMO Adam Hollander said in a Discord post that no updates have been made since the last official announcement—and he can’t share additional details at this time.

February 17th — According to market data from GMGN (link: https://gmgn.ai/BSC/token/i_m4TE56o8_0xc51a9250795c0186a6fb4a7d20a90330651e4444), several Chinese New Year-themed meme coins on the BSC ecosystem saw sharp price drops overnight. The declines followed the end of the Year of the Horse Spring Festival Gala and may stem from disappointment over the coins not listing on Binance as expected. ### Key Token Moves: - **"Here Comes the Horse"**: Began plummeting at 9 p.m. last night, dropping 27.17% in one hour. As of press time, its market cap stands at $19.72 million, with a 24-hour decline of 26.12%. - **"Crying Horse"**: Surged sharply yesterday afternoon but nosedived at 8 p.m. Its current market cap is $1.3 million, with a 24-hour drop of 59.76%. - **"Bean Bag" (and other ultra-low-cap tokens)**: Posted similar sharp declines. BlockBeats reminds users that meme coin trading is extremely volatile, driven primarily by market sentiment and concept hype — these tokens have no r

February 17 — AI startup The Dark Side of the Moon, developer of the Kimi chatbot, is targeting a $10 billion valuation in a funding round extension backed by Alibaba Group Holding Ltd. (09988.HK) and Tencent Holdings Ltd. (00700.HK), as it seeks to capitalize on strong investor appetite for Chinese AI model startups, per reports. Sources familiar with the matter said the company launched additional fundraising talks in late January to meet investor demand. Just a month prior, it raised $500 million at a $4.3 billion valuation. Existing backers including Alibaba, Tencent and FountainVest Partners have committed to investing over $700 million in the first tranche of the latest round, the sources added. (Source: Jinse)