Wu's Daily Selected Crypto News - Milai Responds to the LIBRA Incident: Sharing Information Was Done in Good Faith and Was Not Promoted

1. Milei Responds to LIBRA Incident: Sharing Information Out of Goodwill, Not Promotion

Milei stated in a television interview, "I did not promote it; I simply shared it. I acted out of goodwill but faced backlash. Were Argentinians losing money? At most, four or five people. The vast majority of investors are Chinese and Americans." He also noted that the claim that 44,000 people were affected is incorrect—there were at most only 5,000. The likelihood of Argentinians being involved is very low. These individuals are highly specialized in this financial instrument, and those who participate are well aware of the risks—they are volatility traders. This is a private matter among individuals who voluntarily engage; I did not make any mistakes because I acted out of goodwill. Unfortunately, this situation tells me I need to improve my filtering ability and not make myself so easily accessible.

2. QCP: Significant Movements in the $ETH Options Market, Possibly Influenced by Pectra Upgrade Expectations

QCP Capital pointed out that as the Ethereum Pectra upgrade approaches, there have been significant anomalies in the $ETH options market around the March expiration, possibly reflecting early market positioning. Currently, the volatility of $ETH options leans bullish after March 28, but the LIBRA collapse, the decline of SOL and $ETH to pre-election levels, and BTC maintaining a high dominance could pose resistance to market recovery. Further recovery of altcoins depends on real-world applications and network development, rather than merely speculative liquidity.

3. Robinhood Plans to Launch Cryptocurrency Services in Singapore by 2025

Robinhood plans to launch cryptocurrency services in Singapore by 2025, leveraging its recent acquisition of the European digital asset exchange Bitstamp to expand in the Asia-Pacific region. Johann Kerbrat, Vice President of Robinhood Crypto, stated that the company will work with local regulatory authorities to advance the plan, with the expectation of launching related services by the end of 2025 at the earliest, though a specific launch date has yet to be determined.

4. Kelsier Ventures Plans to Launch a Similar Meme Coin Project in Collaboration with Nigeria

Kelsier Ventures has drawn attention due to its association with the false meme coin incident promoted by Argentine President Javier Milei. Beyond this incident, Kelsier Ventures is also collaborating with Nigerian government members to launch a similar meme coin project on the Solana blockchain. Although it has not been confirmed whether Nigerian President Bola Tinubu is directly involved, the project is nearing completion, and other countries have also been approached to seek the launch of similar meme coins.

5. Jupiter Co-Founder Reiterates that Jupiter and Meteora Have Not Been Involved in Insider Trading or Financial Misconduct

He stated that the company has hired the well-known law firm Fenwick & West as an independent third party to conduct an investigation and publish a report. At the same time, he emphasized that the JUP token has consistently maintained a high standard of transparency, being the only major protocol to provide detailed descriptions of each token during three audits, and has never engaged in over-the-counter (OTC) trading. Ben, the project leader of the decentralized trading platform Meteora, has chosen to resign. Meow stated that while he has full confidence in Ben's character, it is unacceptable that Ben, as project leader, has shown insufficient judgment and attention to core aspects of the project over the past few months.

6. Liu Zhengyao: China to Strengthen Crackdown on Virtual Currency Money Laundering Crimes in 2025

Lawyer Liu Zhengyao pointed out that with the increase in virtual currency money laundering crimes, 2025 will be an important year for Chinese judicial authorities to crack down on virtual currency money laundering crimes. With the continuous advancement of blockchain analysis technology, judicial authorities will be able to more efficiently track transaction records of virtual currencies and identify the identities of suspects and the flow of funds. The standards for identifying virtual currency money laundering crimes and sentencing rules will become clearer, and suspects will face harsher legal penalties. With the strengthening of international cooperation, the cross-border crackdown on virtual currency money laundering crimes will continue to intensify.