Odaily Planet Daily reports that Circle Ventures announced an investment in the decentralized trading platform edgeX. The specific amount and valuation have not been disclosed. Circle also plans to integrate its stablecoin USDC and cross-chain transfer protocol (CCTP) into edgeX's blockchain, EDGE Chain. It is understood that the two companies began negotiations at the end of 2025 and completed the investment transaction last month. Circle Ventures is the sole investor in this funding round. (The
February 10 News, global payments giant Visa has officially launched an on-chain settlement system based on the Ethereum network, using USDC as the settlement medium. The service was quietly launched in December 2025, but its on-chain annualized transaction volume has already exceeded $3.5 billion, marking an acceleration of the traditional financial system's migration to blockchain infrastructure.
By transferring some cross-border and institutional payments on-chain, Visa provides corporate clients with 24/7 fund settlement capabilities, eliminating delays caused by banking hours and multiple intermediaries. The settlement cycle has been compressed from several days to just a few minutes, while also enhancing the traceability and transparency of fund flows. This change demonstrates that Ethereum is no longer just a smart contract platform but is evolving into a global settlement network.
ChainCatcher reports that, according to Lookonchain monitoring, an address with a loss of over $1.3 million (0x15a4) has resumed trading.
This address deposited $3.85 million USDC into Hyperliquid and placed a short order for 3,000 ETH, worth $6.09 million. The trader quickly returned after a brief absence.
PANews February 10 News, according to Onchain Lens monitoring, a certain whale "0x6c8" further deposited 26.3 million USDC and increased its ETH short position, currently with an unrealized loss of $1.15 million. Its current ETH short position is approximately $78.41 million.
BlockBeats News, February 10 — According to Onchain Lens monitoring, the whale address 0x6c8 has deposited an additional 26.3 million USDC, further increasing its ETH short position. Currently, this address is approximately $1.19 million in the red. It is currently short 38,999 ETH, worth about $78.48 million.
Vitalik and c-node discuss the essence of DeFi. c-node criticizes USDC lending as "commodity worship" that is superficial. Vitalik believes that over-collateralized algorithmic stablecoins are true DeFi and require diversification of counterparty risk. The criticism of USDC strategy is just about centralized coin deposit protocols, calling for a shift away from the US dollar toward decentralized accounting.
Polymarket's launch of a Simplified Chinese interface has attracted attention, but due to its business model potentially being classified as illegal financial activity and online gambling, participants face legal risks. Ordinary users and promoters should exercise caution to avoid legal issues. It is recommended to cease promotion to protect your legal and financial safety.
U.S. Treasury Secretary Janet Yellen stated that TradFi and crypto services will be closely intertwined in the future, and is exploring community bank participation in digital assets. She urged passage of the CLARITY Act, warning that regulators unwilling to accept oversight could lead to a "de-Salvadorization." Several crypto companies have made concessions, suggesting that community banks participate in stablecoin systems to avoid deposit fluctuations.
Polymarket partners with Circle to switch from bridged USDC.e to native USDC for all settlements. This upgrade enhances security, reduces bridge risk, and signals a push for institutional-grade infrastructure in the fast-growing onchain prediction market space.
Author: CoinW Research Institute
Summary
With the development of applications such as DeFi, account abstraction, and AI Agents, on-chain authorization is evolving from one-time signature confirmations to a form of permission that can be effective long-term and reused repeatedly. At the same time, new changes are also occurring: AI Agents are beginning to have the ability to automatically request services and complete payments automatically. For example, the x402 protocol uses the HTTP 402 status code to enable Agents to make instant payments in stablecoins for resources and services without human intervention. This transforms on-chain actions from isolated transactions into continuous automated collaborative processes.
Against this backdrop, the issue of authorization is further amplified. The current authorization methods within the Web3 ecosystem remain vague and roughly expressed, often only addressing whether assets can be used, but struggling to specify what exactly is permitted to do.
Stablecoin payment company Rain announces latest funding round raises $250 million, with the company's valuation reaching $1.95 billion, officially entering the unicorn club. This round was led by ICONIQ, with participation from top firms such as Sapphire Ventures. Rain co-founder and CEO Farooq Malik stated that the total funding amount has exceeded $338 million.
Bitcoin (BTC) further deepened its correction, temporarily reporting around $64,300 on February 6, with a low of once dropping below the $60,000 mark. U.S. stocks, gold, and silver experienced a rare simultaneous plunge, and the market was extremely panicked. The World Liberty Financial team under the Trump family once again sold 100 WBTC to exchange for 6.71 million USDC.
Circle partners with Polymarket to bridge USDC.e from Polygon and convert it to native USDC. The native token is issued by Circle and can be redeemed 1:1 for USD, eliminating the need for cross-chain bridges to improve capital efficiency. The founder of Polymarket stated that this will enhance market integrity. USDC has a market capitalization of 70.77 billion and is the second-largest stablecoin.
Foresight News reports that according to Ember Monitoring, Aave founder Stani Kulechov sold 4,504 ETH in the past 4 hours, earning 8.36 million USDC at a sale price of $1,855.
BlockBeats News, February 6 — According to OnchainLens monitoring, the World Liberty Finance team address sold another 100 WBTC, receiving 67.1 million USDC.
In the past 10 hours, the organization has sold a total of 173 WBTC, earning a total of 11.75 million USDC.
On-chain data shows Vitalik sold 2,961.5 ETH in three days near $2,228 and the selling continues today now.
The wallet activity remains transparent on-chain with no mixers used and all the ETH transfers stay fully visible.
Market pressure existed before the sales as traders reacted
Foresight News reports that, according to Lookonchain monitoring, Machi Big Brother has been liquidated 6 more times, and just deposited 250,000 USDC into Hyperliquid to continue going long on ETH and HYPE.
XDC Network is trading near $0.03303, and recent developments show the project is leaning hard into one lane: regulation and real-world finance.
The network completed its “Cancun” hard fork upgrade, bringing major Ethereum-level improvements. USDC is also now live natively on XDC, giving the