MarsBitNews

With the rise of prediction markets, Wall Street financial institutions are competing with traditional bookmakers such as DraftKings, Fanatics, and FanDuel. Bookmakers attempt to enter this new sector by partnering with market makers, but their odds setting is not entirely superior compared to professional institutions on Wall Street. Although both face liquidity challenges in market making, as they attract more professional talent, their competitive advantages may gradually converge.

SEC Chairman Paul Atkins testified before Congress, outlining three major priorities for the future: combating fraud and protecting investors, reforming disclosure rules, and clarifying the regulatory framework for digital assets. He emphasized the need to modernize reporting systems and stated that he would work with the CFTC to advance "Project Crypto" to clarify the regulation of digital assets.

Hong Kong Legislative Council member Wu Jiezhuang stated that the gradually relaxed policies will promote the potential for licensed companies and industry development. He suggested establishing a dedicated agency to coordinate the development of digital and crypto assets and introducing clear regulations to support the growth of decentralized autonomous organizations in Hong Kong.

Mars Finance reports that Aster announced on the X platform that the Aster Chain mainnet will go live in March.

# The author of the original text: Jae, PANews
What should "real DeFi" look like? When Ethereum co-founder Vitalik Buterin cast his vote for algorithmic stablecoins, a reflection on risk, governance, and monetary sovereignty was reignited.
A single tweet was enough to shake a narrative worth hundreds of billions of dollars.
On February 9th, Vitalik Buterin posted a resounding perspective: algorithmic stablecoins are the "real DeFi."
This is not a technical fine-tuning suggestion for the current stablecoin landscape, but rather an authoritative reframing of DeFi's underlying logic. At a time when centralized stablecoins like USDT and USDC dominate the market, Vitalik's remarks are like a depth charge, bringing the long-dormant algorithmic stablecoin track back into the spotlight.
Stablecoin risk decoupling and de-dollarization interpret "real DeFi"

TD Securities delays the Fed rate cut forecast from March to June, expecting a 75 basis point cut to 3% this year. A 25 basis point cut is expected in June, September, and December. The easing policy is driven by inflation returning to target, not economic deterioration. U.S. Treasury yields will decline, with the 10-year yield expected to fall to 3.75% by year-end.

Mars Finance reports that on February 12, according to Alternative data, the current cryptocurrency Fear and Greed Index is 5 (yesterday was 11), and the market remains in a state of "Extreme Fear." Note: The Fear and Greed Index threshold is 0-100, including indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Buzz (15%) + Market Surveys (15%) + Bitcoin's Market Share (10%) + Google Search Trends (10%).

Mars Finance reports that on February 12, the decentralized trading platform Lighter added support for Korean stock contract trading. This includes HYUNDAI, SAMSUNG, SK HYNIX, and KRCOMP (Korea Composite Index), with a maximum leverage of 10x.

BlackRock Asia-Pacific iShares Director Nicholas Peach stated at the Consensus Hong Kong conference that if Asian investment portfolios allocate 1% of assets to cryptocurrencies, it could bring in nearly $2 trillion in capital inflows, significantly impacting the digital asset market. Asian household wealth is approximately $108 trillion, and ETF adoption is rapidly increasing.

Mars Finance reports that the offshore RMB against the US dollar has broken through the 6.9 level, continuing to hit a new high since April 2023, with a maximum of 6.8953, an intraday increase of about 100 points.

Mars Finance reports that Polkadot data shows that current bots have generated 51% of the total network traffic, officially surpassing human activity for the first time.

Mars Finance reports that, according to Ark Invest Tracker, Ark Invest under Cathie Wood increased its holdings yesterday by 433,806 Robinhood shares (approximately $33.82 million); 364,134 Bullish shares (approximately $11.60 million); and 75,559 Circle shares (approximately $4.37 million).

According to Coinglass data, the total liquidation in the past 24 hours reached $470 million, with longs and shorts liquidated at $298 million and $172 million respectively, including large liquidations of Bitcoin and Ethereum. A total of 149,722 people were liquidated, with the largest single liquidation amounting to $11,860,900.

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Author: CoinW Research Institute
Summary
Aztec is a privacy-first zkRollup built on Ethereum, not solely aimed at scaling but attempting to establish a smart contract system with "default privacy and verifiable execution." Through a architecture that combines private execution with on-chain verification, and using the Noir language specifically designed for zero-knowledge development, Aztec aims to create a complete ecosystem of privacy-native applications. The project has completed multiple rounds of funding from top-tier institutions and clearly defines network incentives and community participation mechanisms within its tokenomics model. Compared to mainstream L2 solutions that focus on performance competition, Aztec chooses a differentiated privacy execution approach, making it uniquely strong within the Ethereum ecosystem. However, its long-term value still depends on whether privacy needs become mainstream, as well as the evolution of key variables such as regulation, technical performance, and ecosystem expansion.
1. Why has Aztec recently been in the news?

Mars Finance reports that on February 12, according to Onchain Lens monitoring, a newly created wallet deposited 5.1 million USDC into Hyperliquid and opened a short position on GOLD (gold) with 1x leverage.

Mars Finance reports that, according to on-chain analyst Yu Jin's monitoring, after the UNI price increase, an address transferred 3.65 million UNI (worth $13.43 million) to Coinbase Prime. Last night, following news that BlackRock plans to purchase a certain amount of UNI, UNI surged 31% (rising from $3.28 to $4.30). Currently, the UNI price has essentially erased all of the gains caused by the news and has returned to the price it was at when it started rising last night.