former Credit Suisse Chief Investment Officer Iggy Ioppe stated that since CME gold futures close every Friday at 17:00 (Eastern Time) and reopen on Sunday at 18:00, tokenized gold assets such as PAX Gold (PAXG) and Tether Gold (XAUt) have become the only continuously tradable public markets during this period. The publicly visible gold price formation almost entirely occurs in the on-chain market, which means tokenized gold undertakes nearly 100% of price discovery over the weekend. This week, against the backdrop of US and Israel airstrikes on Iran, tokenized gold rose briefly, with XAUt briefly surpassing $5,450 and PAXG approaching $5,536, while Bitcoin and Ethereum fell simultaneously. The main participants currently include market makers, cross-market liquidity providers, and crypto-native macro traders who use tokenized gold for arbitrage, collateral, hedging, and yield strategies. Some institutions also pay attention to weekend on-chain gold trends to assess the "gap risk" before CME opens, but mostly regard it as a reference signal rather than a direct basis for position building.

 according to DefiLlama data, Hyperliquid's revenue in February reached 62.06 million USD, a 9.8% month-on-month decrease from January's 68.79 million USD.

 Paidun released a report showing that in February 2026, there were a total of 15 hacking incidents in the crypto industry, with cumulative losses of 26.5 million USD. Compared to February 2025 (losses of 1.5 billion USD, of which Bybit lost 1.4 billion USD), it decreased by 98.2% year-on-year; compared to January 2026 (losses of 86.01 million USD), it decreased by 69.2% month-on-month.

On March 1, Stani.eth, the founder of Aave, posted that the temperature check for the "Aave Will Win" proposal has passed. This brings Aave Labs closer to a fully token-centric model, directing 100% of product revenue to the AAVE token. The next step is to optimize the structure based on community feedback and refine the proposal to enter the ARFC stage.

Previously reported, on February 13, Aave Labs released the latest governance proposal, proposing the next phase strategic framework for Aave, intending to confirm Aave V4 as the core technical foundation for the protocol's future development, and to allocate 100% of the revenue generated by all Aave branded products to the Aave DAO treasury. The proposal also includes establishing a sustainable development budget mechanism, setting up a funding framework to support strategic growth and development for the DAO, and formulating a brand protection plan (including holding and managing the Aave trademark through a dedicated structure).

 Iranian stock market is suspended until next week. A spokesperson for the Iran Securities Exchange Organization stated that currently only stock market trading is suspended. Details regarding the operation arrangements of spot trading or other financial markets in the capital market will be announced later. 

Web3 verifiable data and AI collaborative infrastructure manadia has officially announced the completion of a $7 million seed round financing, with investors including OKX Ventures, Pillar VC, One Way Ventures, Quasar Holding Co., and Polygon co-founder Sandeep Nailwal also participating in this round of investment.

regarding the US and Israel's raid on Iran, several Democratic and some Republican members of the US Congress questioned and criticized the legality of the US actions on February 28. According to CNN, Democratic Congressman Ro Khanna believes that President Trump's "decision to go to war" is a "slap in the face" to the US Congress, stating that "the president launched an illegal war without an imminent threat." 

according to Coinglass data, there was a total liquidation of $41.5649 million across the entire network in the past hour, including $7.6225 million in long position liquidations and $33.9424 million in short position liquidations.

On March 1, BTCS Chief Strategy Officer Wojciech Kaszycki stated that as the crypto market continues to slump, crypto treasury companies may face a wave of consolidation in 2026. Currently, many companies' stock prices have fallen below the net asset value (NAV) of the crypto assets they hold, trading at a discount. Kaszycki pointed out that treasury companies with actual operating businesses (such as blockchain validator services and providing public and private credit tools) have a cash flow advantage and are more capable of acquiring companies that only hold crypto assets but lack operating income. He said, "In this market, many companies trading below net asset value are struggling. Sometimes in consolidation, '2+2' can equal 6, allowing for faster success." In addition, he believes that the tokenization of real-world assets (RWA), especially the on-chain public and private credit assets, will significantly grow within the next 24 months. These tokenized credit instruments can be used as collateral on DeFi platforms for lending and other scenarios, becoming a potential income source for treasury companies. Currently, Strategy, the world's largest bitcoin treasury company, also offers credit-like and fixed income tools to investors and uses this as one of the key arguments for its inclusion in the MSCI index system.

Stani.eth, founder and CEO of Aave, announced on the X platform that the temperature check vote for the proposal "Aave Will Win," which directs 100% of product revenue to AAVE tokens, has passed. This proposal will push Aave Labs further towards a "fully token-centric" model. The next step will be to optimize and improve the proposal structure based on community feedback before entering the ARFC (Aave Request for Comment) stage.