Asset management goes on-chain! Fidelity recruits DeFi product managers to develop institutional-grade Vaults and yield strategies

Pi Open Network One Year Anniversary: Founders Emphasize Practicality and KYC Ecosystem, Mainnet Migration Surpasses 16.2 Million

On February 25, Pi Network celebrated the one-year anniversary of its open network launch by releasing a new video message from founder Chengdiao Fan, reaffirming the development path of "practicality first." She stated that Pi is different from projects driven by ICOs or short-term speculation, instead focusing on long-term value through mobile mining, real identity verification, and local business applications, with the goal of promoting practical daily payments and application scenarios. Official data shows that approximately 16.2 million users have completed mainnet migration, and about 17.7 million have completed KYC verification; the total number of active nodes on the network exceeds 421,000, with over 9 billion Pi transferred into mainnet wallets. On the ecological level, hundreds of applications are already online, with around 148,000 merchants registered on the Pi Map e-commerce platform, emphasizing the parallel promotion of user participation and commercial activities, rather than just mining growth.

Vitalik Unveils Ethereum’s New DeFi Vision: Permissionless, Private, Secure

_Vitalik outlines Ethereum’s DeFi vision focused on permissionless access, privacy, security, open-source standards, and oracle reform._ Ethereum co-founder Vitalik Buterin has outlined a renewed vision for decentralized finance on Ethereum. He said DeFi must remain permissionless, private, an

Payoneer applies for a banking license with OCC, plans to issue cross-border stablecoins

Global financial services company Payoneer has submitted an application to the Office of the Comptroller of the Currency (OCC) to establish PAYO Digital Bank, obtaining a national trust bank license. If approved, Payoneer will be able to issue a stablecoin compliant with the GENIUS Act, PAYO-USD, and provide its customers with regulated stablecoin custody, payments, and cross-border currency exchange services.

Ignore the IMF! El Salvador launches "Bitcoin Diploma 2.0," making it a mandatory 3-hour weekly course starting from elementary school, with 5,000 schools deploying Grok AI tutors

El Salvador launched "Bitcoin Diploma 2.0" on February 24, integrating Bitcoin and financial literacy education into public school curricula. The program requires a mandatory 3 hours per week and deploys Grok AI tutors in 5,000 schools. The new curriculum will teach the nature of money and decentralized finance, aiming to cultivate citizens with high digital financial literacy. The initiative is seen as the government's increased support for Bitcoin, emphasizing that "education is the core pillar of monetary sovereignty," and hopes to enhance national productivity and resilience against economic risks.

NEAR introduces cross-chain transaction privacy execution feature Confidential Intents, bringing a privacy execution layer to cross-chain transactions

NEAR introduces Confidential Intent features, enabling cross-chain transaction privacy through private sharding, addressing transparency issues in DeFi transactions. Users can switch accounts within the application, enable confidential mode, and ensure privacy for transfers and other operations, targeting institutions and advanced users.

Ethereum Foundation Participates in Staking: The initial deposit of 2,000 ETH, with a final scale expected to reach 70,000 ETH

The Ethereum Foundation has officially begun staking Ether reserves, with an initial deposit of 2,016 ETH. The total staking scale is expected to reach 70,000 ETH. This move aims to clarify fund management policies, generate reasonable returns, and support the long-term development of the Ethereum ecosystem, while also ensuring network security and funding the Foundation's operational activities.