Punch Market Cap Surpasses $40 Million, with a 24-hour Trading Volume Exceeding $19.2 Million
February 22 — Per market data from GMGN (via
GMGN), Solana-based meme coin Punch has a market cap exceeding $40 million, closing in on its all-time high of $44 million. The token has posted a 28.7% 24-hour price gain and a 24-hour trading volume topping $19.2 million.
Public records show Punch draws inspiration from a popular monkey at Japan’s Ichikawa City Zoo.
BlockBeats cautions users that meme coins are extremely volatile, heavily driven by market sentiment and hype, lack tangible value or practical use cases, and investors should exercise caution.
7 hours ago
Trump: Raises Global Tariffs from 10% to 15%
**February 22** — Donald Trump tweeted Thursday that the Supreme Court’s tariff ruling from the prior day was “absurd and inept.”
As U.S. President, he declared he will immediately hike the 10% global tariff on many countries to a “legally sound, lawfully verified” 15%.
He accused those nations of having “exploited” the U.S. for decades without repercussions — “until I took office.”
In the coming months, the Trump administration will identify and announce new legitimate tariffs, continuing its push to “make America great again — greater than ever before.”
Separately, on Wednesday (February 21), Trump signed a new tariff document imposing a 10% import tariff on goods from all countries. The measure will take effect at 12:01 a.m. EST on February 24, with additional implementation details to be released within 150 days.
7 hours ago
Vitalik: Leveraging Personal Liquid Democracy to Address Decentralized Governance Attention Crisis
On February 21, Ethereum co-founder Vitalik Buterin noted that AI governance poses dystopian risks: weak AI could spark chaos, while strong AI might have catastrophic outcomes. But if used responsibly, AI can empower humanity and advance decentralized governance models.
The core challenge of decentralized governance (including Ethereum-based DAOs) stems from human attention limits: users face thousands of decisions across countless fields, and most lack the time or expertise to master even one area, let alone all. Delegation is a common workaround, but it dilutes decision-making power.
This attention gap can be addressed via Personal Liquid Democracy, with two key mechanisms:
1. **Personal Governance Proxy**: When a governance system demands frequent user decisions, a personal proxy can vote on the user’s behalf—drawing on inferred preferences from their writing, chat logs, direct statements, etc.
2. **Public Deliberation Proxy**: Sound decisions rarely rely on linear proce
7 hours ago
Caixin: Ant Group's Mybank Pilots China's First Domestic RWA Case
February 21
A Caixin article titled "Strict Regulation of Overseas Real World Assets (RWA)" revealed that Ant Group’s AntChain is the source of China’s earliest known RWA case.
AntChain has helped firms including Xinjin Energy and Langxin Technology secure RWA financing ranging from tens of millions to hundreds of millions of yuan. The platform uses the income rights of these companies’ assets as underlying collateral, splits them into standardized digital tokens via blockchain, and facilitates token issuance for fundraising.
All these RWA projects follow the model: "domestic assets, Hong Kong certification, global circulation." Per Hong Kong regulatory rules, the projects are not open to retail investors—only institutional or professional investors—and have no secondary market trading.
On suitable Chinese domestic assets for overseas RWA:
- Policy experts note that in principle, any asset meeting regulatory requirements is eligible, but it must not fall under China’s dom
7 hours ago
On-chain HYPE's biggest bull 「Loracle」 takes profit on long for the first time, reducing position size to $46.2 million
Feb 21st — According to Coinbob Popular Address Monitoring, HYPE has rebounded from a $27 low over the past two days, climbing back above $30 today. Meanwhile, the largest bullish whale in HYPE’s on-chain space — “Hyperliquid early contributor Loracle” — has begun continuously cutting its HYPE long positions to take profits.
As of press time, the whale’s HYPE position value has dropped to $46.2 million, with an average entry price of $24.55 and an unrealized profit of roughly $8.6 million. Small-scale position cuts are still underway.
The whale opened a 5x leveraged HYPE long position on Jan 12, with an average entry price of $22. After gradually adding to the position, its peak unrealized profit hit $16 million. Today marks the first profit-taking move since the position was initiated.
Loracle (X: @loraclexyz) — formerly Laurent Zeimes — is active in the Hyperliquid ecosystem, recognized as an early contributor, founder of Hypurrfun, and most recently involved in Hyperliquid’
7 hours ago
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