Huobi HTX has launched AERGO perpetual contracts and kicked off a contract trading party.

On-chain analyst Ai Auntie (@ai_9684xtpa) noted on February 28th that a whale that’s been steadily accumulating digital gold tokens since October 2023 has now locked in a $3.521 million profit. Currently, the whale holds 2,371.4 XAUT (with an average cost of $4,283 per token) and 559.74 PAXG (average cost of $4,004 per token).

**February 28 Breaking Update** At 2:00 PM ET today, Israel and the U.S. led strikes against Iran, which retaliated—triggering a full-scale U.S.-Iran conflict. Former President Trump directly stated his intent to “topple the Iranian regime,” while the U.S. military noted the conflict could last for weeks. Iran subsequently fired missiles at all Gulf nations except Oman, targeting U.S. military bases. Amid intense clashes, Bitcoin led declines at 2:00 PM, dropping 3.57% in one hour before stabilizing after a sharp free fall. It now trades at $63,935. Observers noted Bitcoin’s selling pressure surged by roughly $1.8 billion within an hour at 2:00 PM; since the incident unfolded over the weekend, cryptocurrencies became the preferred asset to sell during this safe-haven event. Notably, even with major gold markets closed, gold-backed tokens surged nearly 6% post-incident. Current prices: PAXG ($5,492.98), XAUT ($5,433.49), and Binance’s XAU contract ($5,364.38). BlockBeats advi

February 28 — Per an AXIOS reporter, a senior U.S. official stated no U.S. personnel have been injured as of now.

On February 28 — Two Israeli sources with knowledge of the operation said Saturday morning’s Israeli strike on Iran targeted senior Iranian officials, including Supreme Leader Ayatollah Ali Khamenei, Armed Forces Chief of Staff Sayyid Abdul-Rahim Mousavi and President Mahmoud Pezeshkian. Additional targets, per the Israeli sources, included Ali Shamkhani, secretary of Iran’s newly established Defense Commission, and Ali Larijani, secretary of Iran’s National Security Council. It remains unconfirmed whether any senior Iranian officials were wounded in the strike.

On February 28, a source stated that U.S. Secretary of Defense Lloyd Austin and Joint Chiefs of Staff Chairman Gen. Mark Milley were overseeing an operation targeting Iran at Mar-a-Lago in Florida.