The Japanese government plans to promote the securitization of municipal bonds and will submit a related bill in 2026

**February 10: FTX Founder SBF Alleges Persecution by Biden Admin in Political-Legal Campaign** FTX founder Sam Bankman-Fried (SBF) took to social media on February 10 to allege he is being targeted in a political and legal campaign by the Biden administration. He cited the following as reasons for the targeting: - Biden’s opposition to cryptocurrency, given SBF’s status as a prominent figure in the U.S. crypto community - His shift from being a Democratic donor to backing the Republican Party - Multiple clashes with SEC Chair Gary Gensler in Washington - The Biden administration’s “false claim” that SBF stole billions from users to trigger FTX’s bankruptcy — noting the funds were always present and FTX consistently had the ability to repay - A 70-page document drafted by former prosecutor Sassoon (later fired by the Trump administration) outlining extensive evidence the jury was barred from seeing, including FTX’s repayment capacity and legal opinions ### Notes on Am

As of February 10th, Bitget market data indicates the S&P 500 and Nasdaq have turned positive—up 0.5% and 0.8%, respectively. Crypto-related stocks are also broadly higher, with key moves below: - Coinbase (COIN): +0.66% - Circle (CRCL): +3.68% - MicroStrategy (MSTR): -1.72% - Bullish (BLSH): +10.86% - Bit Digital (BTBT): +0.56% - SharpLink Gaming (SBET): +3.77% - ETHZilla (ETHZ): +0.87% - ALT5 Sigma (ALTS): +2.35% - American Bitcoin (ABTC): -3.05% - Kindly MD (NAKA): +1.8% - Solana Co (HSDT): -6.85% Note: Duplicate entries for Bit Digital (BTBT) have been removed for clarity.

On February 9, CME Group officially launched futures trading for Cardano (ADA), Chainlink (LINK), and Stellar (XLM). Traders can leverage the capital efficiency and flexibility of these new contracts to expand their trading strategies—each also includes a micro version.

Feb 9th, MegaETH’s official team announced on social media that ERC-8004 has been deployed to the MegaETH mainnet. MegaETH has partnered with the Ethereum dAI team to integrate the Intelligent Agent Reputation System into its network. Service providers can now register directly on MegaETH, gain visibility in the Intelligent Agent ecosystem, and earn rewards by building trust over time.

On February 9, Bloomberg published an article noting that plummeting cryptocurrency prices and growing market consolidation have laid bare flaws in the crypto industry. Once thriving amid speculative frenzy, the sector has struggled to build sustainable, revenue-generating businesses. Now, crypto venture capital (VC) is shifting toward traditional startup principles: product-market fit, profitability, and long-term user retention. Despite a pro-crypto stance from the White House and a relaxed regulatory environment, the retail-driven VC logic that once fueled the token economy has dried up. Native crypto funds are reorienting toward higher-performing areas, including stablecoin infrastructure and on-chain prediction markets. Some are also expanding into adjacent sectors like fintech and artificial intelligence (AI). But as traditional institutions continue entering the space, expertise in native crypto alone is no longer sufficient. “The market is consolidating around what actual

On February 9th, Sky Protocol (formerly MakerDAO) officially announced that it repurchased 31 million SKY tokens last week, with the transaction valued at 1.9 million USDS. The protocol’s total repurchase volume has now exceeded 108 million USDS.