Odaily Planet Daily reports that Kolten, a member of the Aave Labs team, posted on the X platform that there has been some confusion regarding the recent timeline for the transition from Aave V3 to Aave V4. He clarified that Aave V3 will continue to operate normally for the foreseeable future and will not be immediately replaced even after Aave V4 goes live; there are currently no plans to accelerate the migration. Kolten stated that Aave V4 is built on nearly ten years of experience in protocol development and business cooperation, and the mainnet launch will be implemented in a stable and phased manner, including setting a cap on deposit size and gradually expanding collateral types and application scenarios. Aave Labs has been continuously promoting the V3 ecosystem over the past year and has not slowed down related development due to the upcoming release of V4.

According to Odaily Planet Daily, crypto analyst Murphy stated that, from both spatial and temporal perspectives of on-chain data, Bitcoin is gradually approaching the bottom of its bear market. He pointed out that, taking the previous cycle as an example, when Bitcoin fell to approximately $17,000 in June 2022, it was already close to the final bottom of $15,000, but the actual bottom reconstruction still took several months. Murphy emphasized that the behavior of Conviction Buyers (CBs) is worth noting. As of February, this group's cumulative holdings reached 3.48 million BTC, a new high in this cycle. Since January of this year, they have added approximately 1.22 million BTC, exceeding the level of purchases during the May 19th, LUNA, and FTX events of the previous cycle. He believes that historical data shows that when this group continuously absorbs excess supply and tends towards supply-demand balance, it often corresponds to the formation of a bear market bottom.

Odaily Planet Daily reports that over the weekend of the release of the "Notice on Further Preventing and Handling Risks Related to Virtual Assets" (Document No. 42), the CICC Hong Kong team contacted several public blockchains and exchanges to explore potential business cooperation. Another public blockchain executive stated that they hope to explore relevant cooperation opportunities with investment banks and other intermediaries, while Ant Group and JD.com have also expressed concern about the policy changes. The report notes that Hong Kong is one of the overseas issuance locations for RWAs. Sources familiar with the regulations stated that RWAs with Hong Kong assets as underlying assets are not within the scope of Document No. 42; however, if domestic securities or funds are used as underlying assets and RWAs are issued overseas, the relevant departments of the China Securities Regulatory Commission (CSRC) are responsible. The relevant statements emphasize that strict regulation will be implemented for RWAs involving domestic assets exported overseas, and this should not be interpreted as an encouragement or a signal of relaxed regulation. (Caixin)

Huoxun Finance reported on February 21 that Coinbase CEO Brian Armstrong stated in a post on the X platform that Coinbase currently hosts over 80% of US Bitcoin and Ethereum ETF assets, with peak ETF inflows reaching $31 billion in 2025. Coinbase is also the designated custody partner for many ETF issuers, including some of the world's largest financial institutions and government agencies, emphasizing that this is an extremely important responsibility. Regarding security, Brian Armstrong pointed out that Coinbase highly values its ongoing security review mechanisms, will continue to innovate, regularly conduct penetration tests with leading global cryptography experts, and already holds numerous related technology patents.

According to Huoxun Finance on February 21, OnchainLens reported that a whale deposited 1,000 BTC, worth $67.64 million, into Bitfinex after five years of inactivity. If it sells the BTC, it will make a profit of $38.35 million.