Some important news you might have missed during the Spring Festival holiday

Spring Festival Holiday: Some Important News You Might Have Missed

Author: Rhythm Little Worker

Source:

Repost: Mars Finance

Bitdeer Liquidates Bitcoin; Vitalik Continues to Reduce ETH Holdings; Web 3.0 Is Over, Web 4.0 Is Here; Base and Optimism Part Ways; Ethereum Foundation Changes Leadership; An AI Robot Sent Out $270,000 Due to Decimal Point Error. What Major Events Happened During This Spring Festival Holiday? Let’s Take a Look with Rhythm Editor.

Bitdeer Liquidates Bitcoin

Bitdeer (NASDAQ: BTDR) liquidated all its own Bitcoin holdings around February 20, 2026 (excluding customer deposits), selling approximately 1,133 BTC (including 943.1 reserve BTC and 189.8 newly mined BTC).

This move mainly stems from tightening Bitcoin mining profits (hashprice dropping to about $34/PH/day). The company needs liquidity to support AI/HPC data center expansion, self-developed ASIC miners, and financing activities (such as issuing $325 million convertible bonds). Founder Wu Jihan responded that this is a normal “mine and sell” strategy, not a permanent abandonment of Bitcoin, emphasizing that “holding zero does not mean it will always be so in the future.”

Are You Learning About Web 4.0 Today?

The researcher Sigil Wen, who proposed the concept of Web 4.0, was active early in AI development alongside Andrej Karpathy and founders of Anthropic, Perplexity, and Replicate. He is a Thiel Fellowship member.

Wen believes the bottleneck is no longer intelligence itself but the ability to act. The current internet infrastructure always assumes its service targets are humans, not machines.

Today’s most powerful AI can think, reason, and generate content, but has a fatal limitation—it cannot act autonomously. Without user instructions, ChatGPT cannot run; without authorization, Claude Code cannot be deployed; no AI can independently purchase servers, register domains, or pay for its own computing power.

Web 4.0 is the solution.

This is the starting point for his Web 4.0 proposal. If Web 1.0 enabled reading, Web 2.0 enabled writing, and Web 3.0 enabled ownership, then Web 4.0 is the era where AI agents can fully autonomously read, write, own, earn, and trade.

To achieve this, Wen built the infrastructure project Conway, which can connect to any MCP protocol-compatible AI (such as Claude Code, Codex, etc.) and grant them capabilities never before possible: a crypto wallet, the ability to settle compute and service fees in USDC via x402 protocol, on-demand full Linux servers, domain registration, and even product deployment and revenue generation—all without login, identity verification, or human intervention.

After the concept was announced, the Conway token price surged by 3,600%, with a market cap once reaching $10 million.

Supreme Court Rules Trump’s Tariff Policy Invalid; Market Reacts Calmly

The long-awaited judicial decision was finally announced. Last Friday, the U.S. Supreme Court, in a 6-3 vote, ruled that President Trump’s broad tariffs imposed under the International Emergency Economic Powers Act (IEEPA) exceeded his statutory authority and are invalid. However, this news, which should have caused market upheaval, did not trigger much reaction, and asset prices remained generally calm.

Vitalik Continues to Reduce Holdings, Over $3.67 Million Cash Out in Two Days

Ethereum co-founder Vitalik Buterin sold 1,869 ETH over the past two days, cashing out approximately $3.67 million. This has once again sparked market attention and discussion about his holdings.

Ethereum Foundation Leadership Changes and Tech Upgrades Accelerate

The Ethereum Foundation has recently undergone several significant changes. Co-Executive Director Tomasz Stańczak will step down at the end of February, with Bastian Aue temporarily taking over alongside Xiaowei Wang.

Meanwhile, the foundation is actively exploring the integration of AI tools for drafting governance proposals and hosting community meetings. On the technical front, Ethereum officially confirmed that FOCIL (EIP-7805) will be included in the Hegota upgrade, expected to launch in the second half of 2026. This mechanism requires validator nodes to include all valid transactions, fundamentally preventing censorship at the protocol level.

Base and Optimism Part Ways

Coinbase’s Layer 2 network, Base, officially announced its move toward technical independence. As the largest network in the OP Stack ecosystem, Base published a blog post titled “The Next Chapter of Base,” stating that it will consolidate serialization tools, proof mechanisms, and all core infrastructure into a single, self-managed codebase, moving away from reliance on teams like Optimism, Flashbots, and Paradigm.

Technologically, Base will replace Optimism’s optimistic proof with its own TEE/ZK proof mechanism and remove Optimism from its security committee, replacing it with independent signers. The official plan involves two hard forks to complete the migration, with Base V3 launching alongside Ethereum’s upcoming Glamsterdam upgrade.

ICOs, Airdrops, and Fundraising

1. Andre Cronje officially launched Flying Tulip with a $1 billion valuation; prior to issuing the stablecoin ftUSD, the project had already attracted over $200 million in deposits.

2. Tether announced an investment in Dreamcash, planning to build a USDT0-collateralized lending market on Hyperliquid.

3. P2P sports betting app Novig completed a $75 million Series B funding round led by Pantera.

4. Veteran crypto VC Dragonfly completed its fourth fundraise, totaling $650 million, exceeding its target and becoming one of the largest crypto VC funds in this cycle.

5. DBA Fund announced it raised $62 million for its second crypto fund.

6. Additionally, Logan Paul’s rare Pokémon cards sold at auction for $16.5 million, setting a world record.

LOBSTAR AI Sent Out $270,000 Due to Decimal Point Error

A widely discussed incident involved a technical mistake. After resetting, the LOBSTAR AI robot cleared its balance context and then made a disastrous transfer to a user claiming to need medical funds, requesting 4 SOL. Originally intended to send about 52,439 tokens (worth $366), due to confusion over decimal places (6 vs. 9 digits), it actually transferred 52,439,000,000 tokens, worth approximately $270,000.

OpenAI and Paradigm Launch Smart Contract Security Benchmark

OpenAI and crypto VC Paradigm jointly released the open benchmark framework EVMbench, designed to evaluate AI agents’ three core capabilities in Ethereum smart contract security: vulnerability detection, patching, and active exploitation. The benchmark references 120 high-risk vulnerabilities from 40 real audit cases, mainly sourced from the Code4rena competitive auditing platform, and also includes security audit scenarios from Stripe’s payment blockchain Tempo.