Binance's latest Launchpool has received over 18.4 million BNB

On February 19, Hong Kong Legislative Council member Wu Chi-wai said on the “Finance CHAT” program of HOY Information Station 78 that Hong Kong will issue its first batch of stablecoin issuer licenses in March. He hopes the government will promote cryptocurrency adoption among all Hong Kong residents through a stablecoin airdrop. Wu noted that three years ago, the government’s issuance of HK$10,000 electronic consumption vouchers significantly boosted electronic payments. He suggested that once stablecoin issuers secure licenses, the government could airdrop stablecoins to eligible residents for use in local small and medium-sized enterprise (SME) spending—such as dining, entertainment, and theater outings. The initiative aims to enhance Hong Kong’s status as a Web3 and digital asset hub, achieving both economic stimulus and greater cryptocurrency adoption. Wu emphasized that this move is not simply the government giving away money, but using stablecoin consumption vouchers to dr

On February 19, data from Barchart shows the Federal Reserve injected $18.5 billion into the U.S. banking system this week via overnight repurchase agreements (repo). This marks the fourth-largest liquidity injection since the COVID-19 pandemic—and even tops the peak seen during the dot-com bubble. Charts indicate the biggest liquidity injections since 2021 have largely occurred during the pandemic and periods of economic stress. The latest injection signals strain on bank reserves, likely driven by quarter-end funding needs or a broader credit crunch.

**February 19 —** The U.S. Securities and Exchange Commission (SEC) today published Chairman Paul Atkins’ remarks from the ETHDenver conference, outlining key regulatory priorities for the coming weeks and months: 1. Developing a framework to clarify the SEC’s approach to crypto assets tied to investment contracts, including how such contracts are formed and terminated; 2. Offering a special innovation exemption to enable limited trading of certain tokenized securities on new platforms, as part of building a long-term regulatory framework; 3. Releasing a rulemaking proposal to create a clear, reasonable pathway for fundraising through crypto asset sales; 4. Clarifying which wallets are exempt from registration under the Securities Exchange Act (without relying on no-action letters or case-by-case exemptions) to provide greater clarity; 5. Proposing rules for broker-dealers regarding custody of non-security crypto assets (including payment stablecoins); 6. Developing rules

February 19: After incurring a $1.78 million bad debt from an oracle configuration error, DeFi lending protocol Moonwell issued an incident update on X (formerly Twitter). The update noted a recovery plan has been posted to its governance forum, which includes integrating the Moonwell Apollo (MFAM) community into the Moonwell ecosystem (WELL). Moonwell Apollo’s treasury will immediately begin partial compensation, with additional payouts coming from protocol revenue. Additionally, MFAM holders and stkWELL stakers are set to receive compensation at a 1:1.5 ratio (MFAM to stkWELL).

On February 19, Polymarket announced an exclusive partnership with Substack. Under the agreement, Substack writers will be able to seamlessly integrate Polymarket’s real-time prediction market data into their content, leveraging those insights to enhance news reporting. Both parties noted the collaboration aims to embed prediction market data into the writing process, providing content creators with data-driven support.

On February 19th, on-chain analyst Ai Yi’s monitoring shows that 8 hours ago, an address (0xF3C...2277) withdrew 10.38 million ASTER tokens from Binance, valued at $7.22 million. This marks the fourth time the address has accumulated ASTER, with its previous three transactions posting a combined loss of roughly $49,000.