In the past hour, total liquidations across the network reached $10.67 million, with $9.34 million from long positions, with $1.34 million from short positions. BTC liquidation $7.56 million, ETH liquidation $1.31 million.

Odaily Planet Daily reports that the number of Americans filing for unemployment benefits last week rose less than expected, indicating that layoffs remain at a low level. Initial jobless claims in the U.S. rose by 4,000 to 212,000 in the week ending February 21, compared to a median forecast of 215,000. The survey period included the Presidents' Day holiday. Continuing jobless claims fell to 1.83 million. Claims data may fluctuate before and after holidays. However, the current relatively low number of initial jobless claims is consistent with other recent data showing a stabilizing labor market. The February jobs report will be released on March 6, and it will help policymakers assess whether the strong job growth and decline in the unemployment rate in January were merely temporary changes or signs of continued improvement. (Jinshi)

Odaily Planet Daily reports that blockchain investigator ZachXBT has accused Broox Bauer, Senior Business Development Manager at the Axiom trading platform, of abusing access to internal systems since early 2025. The allegations allege that the employee abused the lack of access controls within internal tools, using referral codes, wallet addresses, or user IDs to track users' private wallet activity for insider trading. Evidence shows that Broox began tracking private wallet activity to find sensitive user details in early 2025 and shared screenshots of internal dashboards in April and August 2025, leaking the private wallets and registration information of multiple traders. Axiom, founded by Mist and Cal in 2024, has grown rapidly after being incubated by Y-Combinator and currently generates over $390 million in revenue.

Odaily Planet Daily reports that the People's Bank of China (PBOC) has issued a notice regarding matters related to cross-border RMB interbank financing business of banking financial institutions. This notice takes effect immediately upon issuance. On the date of implementation, domestic banks whose existing cross-border RMB interbank financing business exceeds the upper limit for net lending will be suspended from processing new cross-border RMB 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. (Jinshi)

Odaily Planet Daily reports that the Ethereum Foundation has released its "strawmap" roadmap, outlining seven hard forks between 2026 and 2029. The roadmap focuses on post-quantum cryptography, privacy-focused ETH transfers, and improved transaction finality. Key highlights include: 1. Second-level transaction finality: L1 finality will be compressed from 16 minutes to a minimum of 8 seconds, achieved through a single-round vote using the new Minimmit consensus mechanism. 2. Significantly increased throughput: L1 targets 10,000 TPS ("gigagas"), while L2 networks such as Arbitrum and Optimism target approximately 10 million TPS ("teragas"). 3. Reduced block interval: Slot time will be gradually reduced from 12 seconds to 8, 6, 4 seconds, and potentially even 2 seconds, with each adjustment prioritizing network security. 4. Privacy and security: Shielded transfers will be introduced to enable privacy-focused ETH transfers; post-quantum cryptography will be deployed to enhance quantum computing protection. (CoinDesk)