Token Events

Cryptocurrency exchange Backpack announces token distribution and unlocking mechanisms, ensuring insiders cannot cash out before the company's IPO. 25% of the tokens will be airdropped to the community, while the remaining portion will be unlocked in stages based on company growth milestones. The founder emphasized that this design aims to prevent insiders from profiting early and to share returns only after the platform matures. Backpack plans to go public in the United States and is committed to connecting with the traditional financial system.

Key Insights Ripple and Zand link RLUSD and AEDZ to support regulated stablecoin payments and custody in the UAE. The partnership focuses on XRPL-based issuance, liquidity, and compliance-led banking integration. The move supports the UAE digital economy strategy and institutional blockchain

BitMine Chairman Tom Lee stated at the Consensus 2026 Conference that if Ethereum reaches $1890 again, it will form a perfect bottom. He pointed out that since 2018, Ethereum has experienced 8 declines of over 52%, and all 8 previous declines resulted in V-shaped bottom reversals. Last year, Ethereum dropped 64% from January to March and recovered at the same speed.

The Web3 industry is undergoing a transformation. TerraFlow will launch the TOF blind box in 2026, marking the debut of the computing power economy network. This system encapsulates computing power as tradable assets, enhancing their value and liquidity. The blind box design ensures decentralized distribution of assets and increases participant trust through a transparent on-chain mechanism. This innovation could drive the digital asset economy toward endogenous development and open up new market possibilities.

LayerZero launches Zero blockchain, with ZRO rising against the trend by 22% to $2.42, reaching a four-month high. Zero achieves 2 million transactions per second at a cost of $0.000001. Citadel and ARK make strategic purchases, with trading volume surging by 410%. Tether, DTCC, ICE, and Google Cloud explore collaborative applications.

LayerZero releases the new L1 architecture Zero, achieving 100x scalability under decentralization through ZK proofs, sparking widespread discussion. Supporters call it a major breakthrough in blockchain, while skeptics point out that the technology is still in the white paper stage and raise concerns about token economic risks.

Foresight News Report: Clanker developer Jack Dishman announced that the Clanker token now supports deployment via the X (Twitter) platform. New features include allowing users to deposit some of their token supply into their own or other accounts, and share costs with others. The development team stated that to speed up the launch, they rewrote the old code from about a year ago, and there may currently be some bugs. The team is working on resolving these issues.

Anything Labs launches the AI on-chain transaction settlement layer UUSD, aiming to create a peer-to-peer electronic cash system for the AI era, solve the fundamental issues of AI Agent on-chain transactions, and endow it with an independent economic identity.

ChainCatcher message: According to Web3 asset data platform RootData's token unlock data, QuantixAI (QAI) will unlock approximately 250,000 tokens at 0:00 Beijing time on February 18, valued at about $19.02 million.

Coinlist will conduct the USD.AI token sale from February 22 to 27, exclusively open to users who participated in the "Allo Game" points activity. The total supply of CHIP tokens is 10 billion, with 700 million available in this sale, priced at $0.03 each. The minimum purchase amount is $100, and it is expected to be fully unlocked by March 100%.

On March 15, 2024, independent musician Alicia Chen made a decision that would revolutionize her career. She did not hand her new album over to a record label nor upload it to streaming platforms. Instead, she packaged all 10 songs into a single NFT collection and sold each copy on the blockchain for 0.1 Ethereum. Within 48 hours, all 1,000 NFTs were sold out, earning her approximately $320,000—an amount that is 20 times the total earnings she had accumulated from Spotify streams over the past decade. Behind this silent financial revolution is a paradigm shift reshaping the global music industry. While traditional streaming platforms still defend the revenue model of $3-4 per thousand plays, a quiet transformation is underway—shifting music from an "infinitely reproducible digital stream" to a "scarce asset that can be owned." Music NFTs are rewriting the industry's value distribution.

MEET48 will be held in Hong Kong on February 11th, exploring the integration of Web3, AI, and UGC, while also announcing the token burn of some IDOL tokens. The event attracts numerous sponsors, emphasizing co-creating an entertainment era, and will also feature a speech on autonomous DeFi.

Espresso Foundation launches the ESP token, with 10% allocated for the initial airdrop and another 24.81% for future airdrops and rewards. The airdrop will evaluate holders' behavior after the previous airdrop and distribute tokens to 1 million addresses participating in various activities.

Ethereum Layer2 solution MegaETH officially launches its mainnet, focusing on ultra-low latency and high throughput, with a target of processing 50,000 transactions per second. At the mainnet launch, there are already over 50 applications, and a strategy of issuing tokens only after meeting certain benchmarks is adopted. MegaETH addresses latency issues through a new system architecture and plans to issue the MEGA token within 7 days after achieving specific performance metrics.

PANews February 11 News, according to Emmett Gallic monitoring, around 04:00 this morning, an entity minted 376 million BUIDL on Solana. BlackRock's BUIDL fund is one of the largest tokenized real-world asset funds, providing institutional investors with a channel to invest in U.S. Treasuries and cash equivalents on-chain.

Binance converted $300 million in stablecoins into 4,225 BTC for its Secure Asset Fund, raising its Bitcoin holdings to 10,455 BTC. Interest also surrounds its relationship with Trump-linked USD1 stablecoin, which has a $5 billion supply, primarily held on Binance.

Over $278 million in crypto tokens will hit the market this week from cliff and linear unlocks across over a dozen projects, Tokenomist data shows. AVAX, APT, and STRK top the cliff unlocks chart, while RAIN’s 9.45 billion tokens lead the linear unlocks. This week, more than $278 million

Odaily Planet Daily reports that Strategy posted on the X platform that even though Bitcoin's price has fallen 24% over the past month, Strategy's perpetual preferred stock STRC has rebounded and is close to the $100 peg. Additionally, dividends are paid in cash at an annualized dividend yield of 11%.

Foresight News reports that Bankr announced the launch of a token issuance platform. The platform has currently eliminated third-party service fees, allowing developers to earn approximately 14% more per token transaction. The total exchange fee for traders remains unchanged at 1.2%. Existing tokens will not be migrated.

The PUMP token is experiencing downward pressure, decreasing by about 2% and extending a prior 4% drop. With 10 billion tokens unlocking soon, retail investor interest wanes, increasing the risk of further declines amid bearish technical indicators.