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Hanwha Invests $13 Million in Kresus Labs to Advance Seedless Wallet and RWA Tokenization

2 hours ago

**February 19th** CoinDesk reports that South Korean VC firm Hanwha Investment & Securities has invested roughly $13 million in U.S. blockchain infrastructure company Kresus Labs. The funding will advance Kresus’s enterprise digital wallet technology and real-world asset (RWA) tokenization platform. The investment stems from a memorandum of understanding (MoU) signed during December 2023’s Abu Dhabi Financial Week, which aims to expand Kresus’s on-chain financial workflows. Kresus specializes in building consumer and institutional digital asset tools—including “seedless” wallet recovery (no 12-24 word seed phrase), multi-party computation (MPC)-based secure systems, institution-grade wallet infrastructure, and a tokenization platform. Hanwha plans to leverage this tech to enhance its digital asset services and develop tokenized traditional financial products. The move underscores ongoing institutional interest in blockchain infrastructure, even amid cryptocurrency market volatility.
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After CZ Unfollows, BSC Projects Delete EnHeng-Related Event Tweets

February 19 On the evening of February 18, Binance’s Changpeng Zhao (CZ) unfollowed crypto influencers EnHeng and Phyrex on X. EnHeng’s X account also updated its privacy settings. Possibly in response, projects in the BSC (BNB Chain) ecosystem have begun deleting tweets tied to EnHeng’s activities. Notably, CZ retweeted a post yesterday with the message: “Hope Chinese KOLs can unite and avoid quarrels.” He added: “I don’t have time for gossip—didn’t even see what the argument was about.”

12 minutes ago

FedSpeak: Fed Minutes Do Not Clearly Define Timeline for Inflation to Return to 2%, Reflecting Weakened Confidence in Inflation Path

On February 19, Wall Street Journal reporter Nick Timiraos—dubbed the “Fed’s Whisperer” for his close ties to Federal Reserve officials—said what was **missing** from the latest Fed meeting minutes matters more than what was included. Last year, Fed staff repeatedly projected inflation would hit the central bank’s 2% target by 2027 through the December policy meeting; the December minutes pushed that timeline to 2028. The January minutes, however, did **not explicitly state when inflation would reach 2%**. They only noted the forecast was “slightly higher and remained balanced” relative to December’s outlook, and that tariff impacts would fade after mid-year, with inflation resuming its prior downward trend. The phrase “and reach 2% by 2028” from earlier minutes was absent. Timiraos argued this signals the Fed’s **diminished confidence** in the inflation path. Tight resource utilization and rising import prices led staff to confirm a slightly higher forecast than December—but

12 minutes ago

Polymarket Team Member Suggests Token Airdrop Coming Within Six Months

On the morning of February 19th, Polymarket team member Mustafa liked a tweet stating: “Polymarket will conduct an airdrop in the next six months.”

12 minutes ago

Trump Says U.S. Trade Deficit Will Reverse for First Time in Decades This Year

February 19 — U.S. President Donald Trump stated that tariffs on foreign companies and countries have cut the U.S. trade deficit by 78%. He added the deficit will turn positive this year, marking the first time in decades the nation has achieved this milestone. (FX678)

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A newly created address swept 886.31 WBTC, with a large sell-off 5 hours ago

On February 19, on-chain analyst Ai Auntie (@ai_9684xtpa) noted that a new address (0x44f…8C91A) has offloaded 886.31 WBTC on-chain in the past 5 hours, totaling $58.53 million at an average price of $66,044.99. The funds were cross-chain transferred via Defiway six months ago and consolidated by dozens of addresses six hours prior to the sale.

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OpenAI is poised to surpass a $100 billion valuation

As of February 19, The Information reports that OpenAI’s latest funding round is proceeding smoothly, with total funding expected to surpass $100 billion. (Golden Ten)

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