Openclaw Founder: Not Interested in Billions of Dollars in Funding, Project Must Be Open Source to Ensure Universality
**Feb 13: Openclaw Founder Rejects Big Offers, Prioritizes Open-Source**
Openclaw founder Peter Steinberger confirmed in a recent interview with Lex Fridman that the project has fielded acquisition offers from multiple companies. When asked about potential funding in the hundreds of millions or billions of dollars, he said: *“I’m simply not interested. Having been a CEO before, I know this path would consume all my time and create conflicts of interest—like prioritizing the enterprise edition or changing the open-source license, moves that would harm the community. What I want is unconditionally fully free and open-source software.”*
He added donations alone aren’t sustainable, noting even popular projects like Tailwind are laying off staff.
Additionally, Steinberger disclosed Openclaw is operating at a loss: monthly revenue ranges from $10,000 to $20,000, but subsidizing personal maintenance for dependent projects (even with support from firms like OpenAI) remains unsustainab
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Brazilian Congress Proposal to Establish Strategic Bitcoin Reserve, Planning to Accumulate 1 Million BTC Within 5 Years
February 13th — A bill to create a strategic sovereignty Bitcoin reserve in Brazil, named RESbit, has been formally filed with the country’s Chamber of Deputies, according to the chamber’s official website.
The legislation requires Brazil to accumulate at least 1 million bitcoins over five years through phased, planned acquisitions—marking a major expansion of earlier proposals that would have used 5% of foreign exchange reserves for Bitcoin purchases.
Additional provisions in the draft include: banning the sale of judicially seized Bitcoin; allowing Bitcoin as payment for federal taxes; and offering incentives for Bitcoin mining and holding firms. If passed, the bill would push Brazil’s Bitcoin holdings past those of the U.S. and China.
Currently, the proposal faces hurdles from existing central bank regulations, which do not recognize Bitcoin as a reserve asset.
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Coinbase Stock Surges Over 7% in Pre-market Trading, Q4 Huge Loss Worries Likely Fully Priced In
On February 13th, per Bitget market data, Coinbase (COIN) stock jumped over 7% in pre-market trading, last trading at $151.08.
Earlier, Coinbase released its Q4 2025 earnings report, posting a net loss of $667 million—which drove a 7.9% drop in its closing price yesterday.
Following the earnings, CEO Brian Armstrong noted during a conference call that the current crypto slump stems from psychological factors, not fundamentals or macroeconomic issues. He stressed the company will continue buying BTC and repurchasing its stock. Additionally, Armstrong highlighted Coinbase’s successful diversification, with robust growth in subscription services and USDC-related revenue. These comments appear to have been well-received by the market.
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Tether Becomes Seventh-Largest Overseas Buyer of U.S. Debt in 2025, Stablecoin Regulation Battle Splits Trump Supporters
February 13 — According to the Financial Times, Tether bought a net $28.2 billion in U.S. Treasury bonds in 2025, becoming the seventh-largest foreign holder. Its U.S. bond holdings, combined with Circle’s, now exceed those of countries like South Korea and Saudi Arabia. U.S. Treasury Secretary Scott Bessent argues stablecoins are a tool to boost the U.S. dollar and absorb U.S. debt, with the industry projected to grow from $300 billion today to $30 trillion.
Now, the banking sector is clashing with the crypto industry over stablecoin regulation. JPMorgan Chase CEO Jamie Dimon and Coinbase CEO Brian Armstrong disagree on key terms. Banks worry letting third parties pay interest on stablecoins would siphon retail deposits to the tokens, raising financial risks. This fight has split Trump’s supporters, pitting Wall Street banks against crypto industry donors in a conflict of interest.
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Polymarket Growth Lead: Token Airdrop Snapshot Not Yet Taken
On February 13, LeGate—Polymarket’s Head of Global Growth—addressed community questions, clarifying that the Polymarket token airdrop has not been distributed as of the snapshot date.
Earlier, Polymarket team members had noted the platform’s next steps would include launching 1-minute markets and its POLY token.
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