Next weeks highlights
February 24
ETHDenver will take place from February 23 to March 2 ;
CME Group plans to launch Bitcoin Friday Futures Options (BFF) on February 24 ;
February 26
The U.S. Senate Banking and Digital Assets Subcommittee will hold its first hearing next Wednesday
March 1
Others (specific time undetermined)
From February 24 to March 2, more noteworthy events in the industry are previewed below.
February 24
ETHDenver will be held from February 23 to March 2.
Odaily Planet Daily News: ETHDenver 2025 will be held in Denver, USA from February 23 to March 2, 2025 local time.
According to Odaily Planet Daily, Ethereum core developer Tim Beiko posted on X that the Pectra upgrade is expected to be executed on the Holesky testnet at Slot 3710976 (UTC time February 24, 21:55:12) and on the Sepolia testnet at Slot 7118848 (UTC time March 5, 07:29:36).
If the Sepolia testnet upgrade goes smoothly, developers will determine the mainnet upgrade time at the ACD meeting on March 6.
CME Group to launch Bitcoin Friday Futures Options (BFF) on February 24
Odaily Planet Daily News According to TheBlock, the Chicago Mercantile Exchange Platform Group (CME Group), the worlds largest financial derivatives exchange operator, announced today that it plans to launch Bitcoin Friday Futures (BFF) on February 24, and is currently awaiting regulatory approval. BFF will be the first batch of cash-settled cryptocurrency options offered by the Chicago Mercantile Exchange, with expiration dates every weekday from Monday to Friday. These contracts are small in size (only 1/50 of a BTC each) and expire daily, providing market participants with a set of capital-efficient tools to effectively adjust their Bitcoin exposure, suitable for both institutional investors and active retail traders.
Bithumb: Will suspend service for about 6 hours on February 24 to upgrade internal systems
According to the official announcement, Bithumb announced that it will carry out internal system upgrades from 1:00 to 7:00 on Monday, February 24, 2025 (a total of 6 hours). At that time, all platform-related services (Bithumb APP/mobile webpage/PC/API) will be suspended, and the service maintenance time may end early or be delayed. This operation is carried out in accordance with Article 17, Item 1, Paragraph 1 of the Enforcement Order of the Korean Virtual Asset User Protection Act.
After the service inspection is completed, if there is an abnormal difference between the prices of domestic and foreign exchanges and Bithumb pending orders, the pending orders may be cancelled to protect customers with pending orders. Please try to cancel the buy/sell pending orders before the service inspection.
The deposited won or virtual assets will be automatically reflected in the account after the inspection is completed.
Unfinished virtual assets will be automatically processed for withdrawal after the inspection is completed.
Due to internal system operations, there may be restrictions on the content of consultation during chat consultation.
February 25
Turkeys new cryptocurrency anti-money laundering regulations will take effect on February 25, 2025
Odaily Planet Daily reported that Turkeys new cryptocurrency anti-money laundering regulations will take effect on February 25, 2025. Under the new regulations, users with transactions exceeding 15,000 Turkish lira (about 425 US dollars) must share their identity information with the countrys cryptocurrency service providers. The new regulations are aimed at preventing the laundering of illegal funds and the financing of terrorism through cryptocurrency transactions. However, cryptocurrency service providers are not required to collect digital asset transfer information below the $425 threshold.
According to the official announcement of BNB Chain, BNB Smart Chain (BSC) will conduct a Pascal hard fork. The fork is scheduled to be carried out on the test network on February 25, 2025, and the main network is scheduled to be carried out in mid-March 2025. The Pascal hard fork enhances the compatibility of BSC with Ethereum by integrating the key functions of Ethereum Pectra upgrade.
VitaDAO: New Token to be Launched on Pump Science on February 25
Odaily Planet Daily News: VitaDAO, an autonomous organization for longevity research, announced on the X platform that it will launch new compound experimental tokens on the Pump Science platform on February 25, and pre-order and market release of supplements on March 25.
FX will be renamed PUNDIAI on February 25, 2025, with a 100:1 supply cut
Odaily Planet Daily News FX was officially renamed PUNDIAI at 10:00 am (GMT+8) on February 25, 2025. This upgrade will be performed automatically or manually based on the blockchain where the token is located. $FX on Pundi AIFX Omnilayer (formerly f(x)Core) will be automatically upgraded, including staked and non-staked tokens.
FX on the Base chain and Ethereum network need to be manually upgraded. The upgrade page will be provided later. Users can bridge FX back to Pundi AIFX Omnilayer for automatic upgrade. Centralized exchanges participating in this upgrade will provide automatic upgrades. Please pay attention to the exchanges for specific time.
February 26
The U.S. Senate Banking and Digital Assets Subcommittee will hold its first hearing next Wednesday
Odaily Planet Daily reported that Taylor Barr posted on the X platform that the U.S. Senate Banking Digital Assets Subcommittee will hold its first hearing next Wednesday to discuss the theme of Exploring a Bipartisan Legislative Framework for Digital Assets.
February 27
Kraken to shut down its NFT marketplace on February 27, 2025
Odaily Planet Daily reported that the crypto exchange Kraken announced that it will close its NFT market on February 27, 2025. After November 27, 2024, users will no longer be able to list, bid or sell items on Krakens NFT market; they can only withdraw assets. Kraken said: We decided to close our NFT market in order to shift more resources to new products and services, including unannounced plans under development. Customers have been informed of these changes, and our team will support them in transferring their NFTs to their Kraken wallets or self-custodial wallets of their choice. According to previous news, Kraken first revealed in December 2021 that it would launch its own NFT market and launched a beta version in November 2022.
February 28
Japanese listed company Metaplanet to be included in MSCI Japan Index on February 28
Odaily Planet Daily News: Metaplanet, a Japanese listed company that uses Bitcoin reserves, plans to be included in the MSCI Japan Index after the market closes on February 28. (Cointelegraph)
March 1
11.2 million SOL from FTX bankruptcy auction will be unlocked on March 1, worth $2.06 billion
According to the monitoring of chain analyst Ai Yi, FTX has sold 41 million SOL in three auctions. The top 3 buyers and auction prices are as follows:
Galaxy: 25.52 million coins were bought at $64, with a return rate of 187%;
Pantera and other buyers: 13.67 million coins bought at $95, with a return rate of 93%;
Figure and other buyers: 1.8 million coins purchased at $102, with a return rate of 80%.
Arkham Intelligence to Offer Spot Crypto Trading in 17 U.S. States Starting March 1
Odaily Planet Daily News Arkham Intelligence announced that it will provide spot crypto trading in 17 states in the United States starting March 1. Previously, the company launched a perpetual contract exchange based on USDT. Spot trading will support states such as Colorado, California, and Massachusetts. Arkham plans to compete for market share with market-leading competitors such as Crypto.com and Coinbase. (The Block)
March 2
None
Others (specific time undetermined)
Kanye West: Official Meme Coin to be launched next week, tokens on the market are fake projects
Odaily Planet Daily News: Well-known rapper Kanye West posted on the X platform that all the relevant Meme coins on the market are fake, and he will launch his own official Meme coin next week.
Odaily Note: Several crypto KOLs warned that Kanye has sold his social media accounts, with evidence including the system interface (previously in dark mode, the latest screenshots are in bright mode), the objects of follow (Doginal Group @tall_data), etc.
Kaito AI: A new round of Pre-TGE projects will be launched on Yapper Launchpad
Odaily Planet Daily News Kaito AI announced on the X platform that a new round of Pre-TGE projects will be launched on Yapper Launchpad, and voting will start next week (Yap voting and Kaito on-chain shareholding voting will be integrated, and existing projects will also remain in the group, and voting is still in progress). It is reported that the projects involved include: Allora, Succinct, Morph, etc.
On-chain trading platform Mintify will announce the MINT token economic model next week
Odaily Planet Daily News: On-chain trading platform Mintify published a statement on X stating that it will announce the MINT token economic model next week.
DeepSeek: 5 code libraries will be open sourced next week
Odaily Planet Daily News: DeepSeek officially announced that in the next week, it will gradually source 5 code bases, unlock new content every day, and further share new progress. DeepSeek introduced that the current online service modules have been tested and deployed, and can be put into production environment. The company defines itself as a small company, and also stated that every sharing will become a powerful potential energy to accelerate the journey of industry development. It also said that there is no high ivory tower in this field, only pure garage entrepreneurial spirit and the innovative power built by the community. (Jinshi)
Odaily Planet Daily News: Microsoft is preparing for OpenAIs latest model. GPT-4.5 is expected to be released as early as next week, and Microsoft expects GPT-5 to be released in late May. The updated GPT-5 will make significant improvements to the use of ChatGPT, unify OpenAIs o series and GPT series models, and reduce user confusion in choosing models. (The Verge)
