According to a report by CoinMeta on March 17th, the WeChat public account "Network Investigation Research Institute" disclosed that a Chinese hacker team experienced internal strife due to a dispute over the distribution of spoils. Members publicly revealed that they had stolen approximately $7 million in crypto assets through supply chain attacks, targeting platforms such as the crypto wallet Trust Wallet. The report indicates that the team operated under the name of the cybersecurity company "Wuhan Anjun Technology," publicly offering services including vulnerability discovery, network attack and defense, and security services. However, internally, they were engaged in black market activities such as crypto asset theft. Team members claimed that they used Electron client supply chain vulnerabilities, plugin reverse engineering, and automated tools to obtain mnemonic phrases in bulk and scan multi-chain assets, including Ethereum, BNB Chain, and Arbitrum. The whistleblower stated that the team developed automated tools to scan mnemonic phrase assets in bulk and stole wallet data through remote control programs before transferring and splitting the funds. The attacks reportedly involved 37 tokens and multiple blockchain networks. The incident was triggered by an internal dispute over the distribution of spoils. The whistleblower claims to have had a conflict with the team leader over unfair profit distribution. After failing to receive severance pay, they released relevant evidence and plan to turn themselves in to law enforcement. The allegations have not yet been officially confirmed, and further investigation is needed to determine the details of the incident. Industry insiders point out that this incident once again highlights the security risks in the cryptocurrency wallet supply chain and plugins, as well as the trend of targeted attacks against high-value users.

On March 10th, CoinMeta reported that, according to Cailian Press, Hefei High-tech Zone recently officially released the "Hefei High-tech Zone Action Plan for Building an Artificial Intelligence OPC Entrepreneurship Ecosystem Demonstration Zone (Draft for Comments)," introducing 15 robust measures to comprehensively support the implementation and development of open-source AI projects such as OpenClaw, aiming to create a benchmark for the new business model of "AI + Super Individual/One-Person Company (OPC)." Hefei High-tech Zone has prepared a generous package of "space + talent + computing power + scenarios + capital," offering up to 10 million yuan in financial support.

According to a report by CCTV News cited by Jinshi Data, the Fourth Session of the 14th National People's Congress held its second plenary meeting on the morning of September 9th at the Great Hall of the People in Beijing. Zhang Jun, President of the Supreme People's Court, delivered the Supreme People's Court's work report. The report showed that in the past five years, 9,326 cases involving 22,000 individuals related to cybersecurity crimes were concluded, a 158.5% increase compared to the previous five years. The report emphasized the legal punishment of crimes such as online rumors, online pyramid schemes, and cyberbullying, promoting comprehensive governance of cyberspace security. Two young men were convicted and sentenced for maliciously doxxing others, illegally obtaining and disseminating their private information. The report also stressed the severe punishment of crimes such as money laundering and foreign exchange evasion using virtual currencies, and efforts to prevent illegal cross-border fund transfers. Finally, the report clarified that drivers who use assisted driving functions while intoxicated are still criminally liable, emphasizing that the application of technology must adhere to legal boundaries.

According to CoinMeta, Ali Larijani, Secretary of Iran's Supreme National Security Council, posted on social media that Iran is prepared to respond to any US ground operations. He stated that Iran is well aware of the plans by some US officials to launch ground operations in Iran, but Iran is prepared to "shame those US officials" at any cost. (CCTV News)

According to Hong Kong media outlet Hong Kong 01, Hong Kong police have busted a money laundering case involving sham accounts and cryptocurrency exchange shops. Two mainland Chinese men and women opened sham accounts in Hong Kong and used 43 local bank accounts to receive funds from 34 different fraud cases. They then used these accounts to purchase cryptocurrency at cryptocurrency exchange shops, laundering approximately HK$17.3 million in proceeds. Analysis of the fund flows revealed that the criminal group used local bank accounts for cryptocurrency transactions, laundering up to HK$230 million in illicit funds. Hong Kong police charged the two men with three and ten counts of money laundering respectively. After reviewing the case, the court approved aggravated sentences of 28 months and 43 months imprisonment respectively.

According to CoinMeta, Haitong International released its first coverage report on March 2, giving HashKey (3887.HK) an "Outperform" rating with a target price of HK$8.8. The valuation is based on a 2027 forward price-to-sales ratio of 13x, which is about 21% higher than the industry average.

According to a report by Hong Kong media outlet Hong Kong 01, Joseph Yam, a member of the Hong Kong Executive Council and former Chief Executive of the Hong Kong Monetary Authority, stated that geopolitical developments have increased the importance of the Hong Kong dollar's peg to the US dollar, and bluntly stated that "the Hong Kong dollar is actually the largest stablecoin for the US dollar." Yam pointed out that by 2025, Hong Kong will hold approximately US$256 billion in US Treasury bonds, a larger amount than any so-called US dollar stablecoin currently in existence. Therefore, Hong Kong's financial direction is clear: to maintain the linked exchange rate system. Hong Kong is the most active US dollar market in Asia, and it would be unwise to force a major buyer to sell off its holdings if the Hong Kong dollar were not allowed to continue being pegged to the US dollar.

On February 27th, CoinMeta reported that the Political Bureau of the CPC Central Committee held a meeting, emphasizing the need to continue implementing a more proactive fiscal policy and a moderately loose monetary policy, strengthening the coordination between reform measures and macroeconomic policies. The meeting stressed the importance of building a strong domestic market, accelerating the cultivation and expansion of new growth drivers, and speeding up high-level technological self-reliance. It also called for deepening reforms in key areas, further expanding high-level opening-up, solidly promoting the comprehensive revitalization of rural areas, and advancing new urbanization and coordinated regional development. Furthermore, the meeting stressed the need to further guarantee and improve people's livelihoods, accelerate the comprehensive green transformation, and strengthen risk prevention and mitigation and security capabilities in key areas. Finally, the meeting emphasized strengthening government self-construction and firmly establishing and practicing a correct view of performance.

According to CoinMeta, the People's Bank of China (PBOC) has issued a notice regarding matters related to RMB cross-border interbank financing business of banking financial institutions. This notice takes effect immediately upon issuance. On the date of implementation, domestic banks whose existing RMB cross-border interbank financing business exceeds the upper limit for net lending will be suspended from processing new RMB cross-border interbank lending business from the following day until the net lending balance returns to within the upper limit, at which point existing lending business will naturally mature. Article 6 of the "Notice of the People's Bank of China on Simplifying Cross-border RMB Business Procedures and Improving Relevant Policies" (Yinfa [2013] No. 168) regarding the upper limit for RMB account financing ratios is hereby repealed.

On February 26th, CoinMeta reported that, according to Hong Kong media outlet Hong Kong 01, the Hong Kong cryptocurrency exchange AAX ceased operations in mid-November 2022 citing system maintenance and updates, leaving over 300 customers unable to recover nearly HK$100 million in assets. Hong Kong law enforcement investigations revealed that the platform's shutdown was allegedly caused through false information and illegal means, and the person in charge fled Hong Kong with cryptocurrency wallets and private keys, later returning and being arrested. Hong Kong police stated today that a thorough investigation revealed losses totaling approximately HK$81 million to 191 victims, and the AAX person in charge withdrew approximately HK$633 million worth of cryptocurrency after the platform's closure. He has been charged with three counts of theft and one count of fraud.

On February 26th, CoinMeta reported that OSL Group (863.HK), a stablecoin trading and payment platform, announced the official listing of its enterprise-grade compliant stablecoin USDGO on OSL HK, its first licensed digital asset exchange in Hong Kong. Professional investors in Hong Kong can buy and sell USDGO through over-the-counter (OTC) trading, currently offering three trading pairs: USDGO/USD, USDGO/USDT, and USDGO/USDC. Jason Liu, Head of Global Exchange Business at OSL Group, stated, “We are excited to offer Hong Kong investors such a compliant stablecoin with enterprise-grade services and underlying mechanisms. USDGO plays a crucial role in OSL Group's compliant stablecoin trading and payment strategy. Listing on OSL HK not only provides investors with another high-quality asset allocation option but also opens a new window for USDGO to establish itself in Asia and serve the real-world cross-border payment and settlement needs of enterprises.”

According to the latest news from the Shanghai Branch of the Agricultural Development Bank of China (ADBC), in order to actively respond to national policy decisions, support the development of the digital yuan, and enhance customer service capabilities, the bank launched digital yuan-related services for corporate clients starting February 25th. Regarding the business positioning, the ADBC Shanghai Branch stated that its digital yuan business follows the "two-tier architecture" operating model of the People's Bank of China, providing digital yuan circulation services to customers. Business operations strictly comply with the People's Bank of China's regulations on RMB corporate bank settlement accounts and anti-money laundering and counter-terrorism financing, ensuring fund security and compliant operation.

According to CoinMeta, on February 25th, HashKey Exchange, Hong Kong's largest licensed digital asset trading platform, officially launched HashKey Group's ecosystem token HSK at 16:00 Hong Kong time, opening trading to qualified professional investors. HSK deposits and withdrawals are also enabled, supporting HashKey Chain and Ethereum network ERC20. This launch signifies HSK's entry into a licensed Hong Kong trading platform, enabling trading and circulation within a compliant framework. HSK, as the HashKey Group ecosystem token and the native token of HashKey Chain, is used to pay on-chain gas fees, serving the group's diverse business scenarios including trading, asset management, tokenization, and infrastructure.

According to CoinMeta, on February 24th, HashKey Group officially launched its RWA one-stop issuance solution, aiming to provide high-quality assets both domestically and internationally with a full-chain professional service encompassing compliant issuance framework design, on-chain technical support, end-to-end issuance services, transaction liquidity management, and subsequent tracking and supervision. Led by HashKey Tokenisation, a subsidiary of the group, the solution leverages Hong Kong's locational advantages as an international financial center and its well-established financial services ecosystem, deeply integrating underlying blockchain technology and compliant trading operation experience to precisely meet the needs of both asset and funding sides. The solution supports compliant tokenization issuance architecture design, on-chain asset minting and management based on standards such as ERC-3643, and can be integrated with HashKey Exchange for compliant secondary market trading and instant DVP clearing and settlement.

According to CoinMeta, on February 24th, Hong Kong-based stablecoin payment fintech company RedotPay is considering a US IPO, with an expected fundraising of $1 billion. RedotPay previously completed a $107 million Series B funding round, led by Goodwater Capital, with participation from Pantera Capital, Blockchain Capital, and Circle Ventures, among others. Existing investors include HSG (formerly Sequoia Capital China). RedotPay provides global payment services using stablecoins and stated that it currently has over 6 million registered users in more than 100 markets worldwide.

According to CoinMeta, the asset disposal process in the Qian Zhimin money laundering case, involving 8,300 Chinese victims seeking compensation for 60,000 bitcoins, has reached a stalemate. Multiple law firms are representing the victims, each acting independently, which, according to British judges, leads to issues such as repeated submissions, repeated arguments, and prolonged proceedings. Legal fees are also soaring, ultimately to be borne by the Chinese victims. It is reported that on the eve of the Lunar New Year and the first day of the Lunar New Year (February 16th and 17th, 2026), the UK High Court will hold a hearing on the case, involving over 30 billion yuan and affecting nearly 130,000 Chinese victims. This is the highly anticipated asset disposal process in the 60,000 bitcoin money laundering case. Furthermore, the price of bitcoin has fluctuated significantly; the market value of 60,000 bitcoins has shrunk from a peak of approximately 54 billion yuan on October 6th, 2025, to approximately 31 billion yuan in early February 2026. (Caixin.com)

CoinMeta live report, on February 11th, Hong Kong Secretary for Financial Services and the Treasury, Chan Ho Lam, stated at the CoinDesk 2026 Hong Kong Consensus Conference that in the past, Hong Kong was already a global financial center, but with the development of Web3, many traditional services and products will be replaced. At the same time, many new products and services will emerge. Without advancing the development of Web3, Hong Kong will be unable to secure new business and may even face the risk of being left behind.

According to on-site reports from CoinMeta on February 11, Tom Lee, Co-founder and CIO of Fundstrat, delivered a speech at the Consensus Hong Kong 2026 conference. He pointed out that although gold outperformed Bitcoin in 2025, Bitcoin is expected to re-establish its "store of value" narrative and outpace gold in 2026. Tom Lee's core viewpoints are as follows: Ethereum Bottoming and Reversal: Ethereum is currently approaching a "perfect bottom" at $1,890 and is poised for a "V-shaped" rebound. Driven by Wall Street adoption and AI development, ETH will become the core narrative in the crypto space for the next 15 years. If Bitcoin reaches $250,000, Ethereum's conservative valuation would be $12,000, and it could even recover to its previous high ratio to reach $22,000. The Rise of Digital Asset Treasuries (DATs): DATs like MicroStrategy and Bitmine (which holds approximately 4.4 million ETH) are dominating the market. By maximizing returns through optimized staking and capital operations, the performance of these asset structures has significantly outpaced the underlying L1 tokens. Strategic Cross-Sector Investments: Bitmine has invested in MrBeast's Beast Industries (which recently announced the acquisition of the neobank Step). The goal is to leverage digital asset synergies to build a next-generation super financial institution tailored for Gen Z and Gen Alpha.

According to on-site reports from CoinMeta on February 11, Paul Chan Mo-po, Financial Secretary of the Hong Kong Special Administrative Region Government, stated at the Consensus 2026 Hong Kong conference today that the Web3 sector is currently exhibiting three distinct trends. Chan pointed out that the first trend is RWA (Real World Assets). Tokenization initiatives are moving from the proof-of-concept stage toward actual deployment and are being adopted by a massive number of institutions. The second trend is DeFi (Decentralized Finance), with traditional institutions now beginning to integrate DeFi mechanisms into their ownership structures. The third trend is the deep integration of AI and Crypto, where AI is interacting with tokenized money and smart contracts to enable automated trading and settlement.

According to on-site reports from CoinMeta, Hong Kong Chief Executive John Lee revealed in his opening remarks at the Consensus 2026 conference today that the Hong Kong Monetary Authority (HKMA) is actively processing license applications and expects to issue the first batch of stablecoin licenses within the next month. In his speech, Lee pointed out that Hong Kong is committed to building itself into a global hub for digital asset innovation. Since the implementation of the stablecoin regulatory framework last year, various regulatory initiatives have progressed smoothly. In addition, the Securities and Futures Commission (SFC) of Hong Kong has implemented a series of measures to boost the liquidity of the virtual asset market and expand the range of product offerings and services. He emphasized that, leveraging the unique advantages of the "One Country, Two Systems" principle, alongside a robust legal and financial system, Hong Kong will continue to go all out to stay at the forefront of Web3 ecosystem development, welcoming global enterprises and institutions to come to Hong Kong to co-create a digital future.