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The White House Crypto Summit marks a significant milestone in the journey of cryptocurrency, potentially ushering in a new era for digital financial technology. This development is a culmination of efforts to establish the United States as a leader in the digital asset economy, driving innovation and economic opportunity for all Americans ¹. *A New Era for Cryptocurrency* The White House Crypto Summit is expected to bring together experts and stakeholders to discuss the future of cryptocurrency and its potential applications. This gathering may lead to the establishment of a clear regulatory framework, providing clarity and certainty for investors, businesses, and individuals involved in the cryptocurrency space. *Key Developments and Initiatives* Several key developments and initiatives are expected to shape the future of cryptocurrency: - *Establishment of the Presidential Working Group on Digital Asset Markets*: This working group will be tasked with developing a federal regulatory framework governing digital assets, including stablecoins, and evaluating the creation of a strategic national digital assets stockpile ¹. - *Appointment of a Crypto-Friendly SEC Chair*: The appointment of a new SEC chair who is supportive of cryptocurrency may lead to a more favorable regulatory environment for digital assets ². - *Executive Orders Facilitating Greater Access to Banking Services*: Executive orders may be issued to facilitate greater access to banking services for crypto firms, providing a boost to the industry ². *Implications for the Cryptocurrency Market* The White House Crypto Summit and the initiatives that follow may have significant implications for the cryptocurrency market: - *Increased Adoption and Mainstream Acceptance*: A clear regulatory framework and favorable policies may lead to increased adoption and mainstream acceptance of cryptocurrency. - *Improved Investor Confidence*: Clarity and certainty in the regulatory environment may improve investor confidence, leading to increased investment in the cryptocurrency space. - *Innovation and Growth*: A supportive regulatory environment may foster innovation and growth in the cryptocurrency space, leading to new applications and use cases. *Conclusion* The White House Crypto Summit marks a significant milestone in the journey of cryptocurrency, potentially ushering in a new era for digital financial technology. As the regulatory environment continues to evolve, it is essential to stay informed and adapt to the changing landscape.

Got to know about the GoPlus Security drama—the market maker allegedly manipulating a token’s price after listing it on CEX, dumping large amounts for profit without buying back. The CEX found out, shut it down, and confiscated the profits to compensate users. Great job done there. Such cases are disappointing to see, but unfortunately, not unheard of. 😞 I’ve even seen projects offer free tokens to listing teams—at Bitget, this is a HARD red line. 🚫 Such projects are immediately rejected. Integrity is the cornerstone of a healthy and sustainable crypto market. Without it, we risk building a market based on manipulation, quick wins, and short-term gains, ultimately damaging the industry’s long-term prospects. We should be building a space where fairness, transparency, and growth can thrive. #Web3 #CRYPTO #values

John E. Deaton, a leading cryptocurrency advocate, recently celebrated his involvement in the now-historic SEC vs. Ripple’s XRP case. He proudly recalled how, three years prior, he had confidently predicted that Judge Torres would rule XRP was not a security. That foresight proved accurate when the judge ruled decisively in Ripple’s favor, citing Deaton’s compelling legal brief and affidavits. Deaton took on the SEC despite his significant holdings in Bitcoin, driven by a commitment to fair market competition. He passionately argued against government overreach in dictating winners and losers within the crypto sector. This landmark decision reaffirmed the importance of decentralization and equitable regulation, igniting discussions about its wide-ranging implications for the entire crypto space. The ruling in the XRP case signals a significant shift in the regulatory sphere for digital assets. It directly challenged the SEC’s contentious approach to cryptocurrency classification and underscored the pressing need for clearer, more transparent regulatory frameworks – a need that feels particularly acute in today’s uncertain market. This decision not only benefited XRP but also set a precedent for other digital assets under scrutiny. Market participants are now optimistic that the ruling could influence future cases and lead to a more transparent approach from regulators. Related: Crypto Market Crash: Bitcoin Dumps as Trump’s “Strategic Reserve” Backfires Despite pro-crypto moves from President Donald Trump, Bitcoin’s price has continued to slide. On Monday, Bitcoin fell below $78,000, reaching its lowest point since Trump’s election victory. The cryptocurrency has dropped 28% from its record high of $109,000 in January. Other digital assets, including Ethereum and XRP, have also faced downward pressure, reflecting broader concerns in the market. Trump initially fueled optimism in the crypto sector by pledging to make the U.S. the global hub for digital assets. His administration recently announced the establishment of a strategic Bitcoin reserve. However, this move has not been enough to counteract negative market sentiment. Investors remain wary due to macroeconomic uncertainty and concerns over Trump’s unpredictable trade policies. Market analysts suggest that the recent equity market downturn has further exacerbated the crypto sell-off. Last week, the Trump administration announced the creation of a strategic Bitcoin reserve, a move designed to reinforce Bitcoin’s role as a digital store of value. However, the market response has been lukewarm. Many investors had hoped for a more proactive accumulation strategy rather than merely transferring seized assets into the reserve. The lack of immediate large-scale government purchases has dampened enthusiasm, leading to a reassessment of expectations. Related: Bitcoin Nation Reserve Race: Who’s Next After the US? The reserve currently holds an estimated 200,000 bitcoins, valued at over $17 billion. David Sacks, Trump’s crypto advisor, clarified that while the government will not sell Bitcoin from the reserve, it has no immediate plans to acquire more beyond those obtained through forfeiture proceedings. This restrained stance has left some market participants frustrated, especially those who had hoped for a stronger government endorsement of Bitcoin accumulation. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

As the crypto ecosystem held its breath for Ethereum’s Pectra update, an anonymous actor disrupted the test network Sepolia. A subtle attack, exploiting an unexpected vulnerability, revealed issues that question as much as they inform. Decoding an incident that lies halfway between a technical bug and psychological warfare. On March 5, Ethereum deployed Pectra on Sepolia, its latest test network before the official launch. But hardly had the blockchain clock started ticking than error messages flooded the geth nodes. Empty, useless blocks began to accumulate. Marius van der Wijden , a key developer, states: “The attacker turned an ERC-20 feature into a weapon.” Everything hinges on a neglected technical detail: the ERC-20 standard allows token transfers… without tokens. An unknown user sent a 0 token transaction to the Sepolia deposit contract, triggering a cascade of erroneous events. The result? The network began mining empty blocks, like an engine running idle. “We thought it was an internal error, but the address was new, funded via a faucet,”* confides van der Wijden. The attack was deliberate, almost elegant in its simplicity. Yet, the team had anticipated a fix. Too late. The attacker, seemingly reading their minds, re-launched the assault with an identical transaction. “We realized that he might be monitoring our communications,” admits the developer. A race against time began: filtering suspicious transactions without blocking the network. The fix, secretly deployed on a few nodes, ultimately stopped the bleeding. By 2 PM, Sepolia was breathing again. This incident is not just a technical bug. It raises a burning question: how to secure protocols designed to be permissionless against malicious actors who play by their own rules? The exploited vulnerability was not one in the classic sense: ERC-20 was functioning perfectly. It was the interaction between this standard and the specific deposit contract of Sepolia that created a breach. Van der Wijden acknowledges: “We had underestimated this edge case.” An understatement. Because in crypto, “edge cases” are often the playground of attackers. The anonymous individual behind this attack demonstrated a fine understanding of Ethereum’s mechanisms. Their act resembles less a hack than a show of force, a reminder that decentralized networks must anticipate the unpredictable. In the face of this threat, the team adopted a counterintuitive strategy: not to publish the fix. Why? Out of fear that the attacker would adapt their methods. “We discreetly updated our nodes to regain control,” explains van der Wijden. A decision that mixes cybersecurity and mental poker. Because in the crypto space, each correction can become a double-edged weapon if too exposed. Meanwhile, this episode reignites the debate about test networks. Sepolia uses a deposit contract different from the *mainnet*, a peculiarity that limited the damage. But Holesky, tested late February, had already revealed weaknesses . Proof that even blockchain testing grounds require… testing grounds.

Kids to Learn About AI in Beijing Schools Starting 1 September, primary and secondary students in Beijing will begin receiving artificial intelligence (AI) education, marking a significant step in China’s ongoing drive to lead the global AI sector. According to the Beijing Municipal Commission, schools will be required to offer at least eight hours of AI instruction annually. These courses may be integrated into existing subjects or taught as standalone classes, giving schools flexibility in their approach. This initiative is part of China’s broader strategy to solidify its position as a pioneer in AI technology. China 🇨🇳 Introduces AI Education in Primary and Secondary Schools China is enhancing artificial intelligence (AI) education for its younger generations to prepare them for the emerging technology era pic.twitter.com/k2Jvc5hFKf — willard shoko (@WillarShoko) March 8, 2025 Earlier this year, the country garnered global attention when Chinese startup DeepSeek introduced its advanced AI model, which experts say outperforms other models in terms of reasoning and capabilities. DeepSeek’s open-source platform was developed at a fraction of the cost compared to major language models like OpenAI’s ChatGPT and Google’s Gemini. The move comes on the heels of Beijing’s call for AI education to be introduced to children as young as six years old, with the aim of cultivating a strong domestic talent pool. As competition intensifies between China and the United States in the tech space, this initiative reflects Beijing’s commitment to nurturing the next generation of AI innovators. Integrate AI Into School’s Curriculum & Make it a Norm by 2030 The decision to integrate AI into China's education system follows a broader commitment made by the National People’s Congress to support the widespread use of large-scale AI models. The government’s strategy includes facilitating tech firms' access to onshore debt, directing these funds toward innovation, mergers, and acquisitions. Furthermore, the People’s Bank of China, led by Governor Pan Gongsheng, aims to increase the tech-lending programme from 500 billion yuan to 1 trillion yuan (approximately $138 billion). Just last Monday, Shenzhen, China's southern technology hub, unveiled an ambitious action plan aimed at growing the city’s AI terminal industry to a value of 1 trillion yuan (approximately $139.38 billion) by 2026. This initiative reflects Shenzhen's commitment to becoming a global leader in AI innovation and technology. China's southern tech hub of Shenzhen on Monday published an action plan to expand the city's AI terminal industry to a scale of 1 trillion yuan (about $139.38 billion) by 2026. pic.twitter.com/uC9TznGzdu — China Science (@ChinaScience) March 3, 2025 Minister of Education Huai Jinpeng emphasized that the AI revolution presents significant opportunities for the education sector. Beijing intends to launch #artificial #intelligence general #education courses in #schools ranging from elementary to high school throughout the city, starting from the autumn semester of this year. #AI #beijing pic.twitter.com/uSl4Y9IaUY — Beijing Daily (@DailyBeijing) March 9, 2025 In line with this, the government plans to release a whitepaper on AI education by the end of the year. The "Beijing Work Plan for Promoting Artificial Intelligence Education in Primary and Secondary Schools (2025-2027)" has already been outlined, which mandates schools to implement AI curricula across various educational levels. Additionally, a specialised expert committee will oversee the integration of AI into schools, drawing from academia, research institutions, and tech companies to guide the initiative. By 2030, AI education is expected to be fully integrated into the curriculum for young students, laying the foundation for a technologically advanced workforce. #Shenzhen released four action plans March 3, outlining the city's development in #ArtificialInteligence, including #AI-powered terminals, embodied intelligent #robots, and the growth of gazelle and unicorn companies, Shenzhen Special Zone Daily reported yesterday. The "Shenzhen… pic.twitter.com/DzCdRAftVj — Shenzhen Daily (@szdaily1) March 4, 2025 This initiative extends beyond primary and secondary schools, with universities such as Shenzhen and Zhejiang already introducing AI courses based on the DeepSeek model. Jiao Tong University and Renmin University have also adopted DeepSeek technologies to enhance AI learning tools and research applications, underscoring China's focus on advancing technological innovation throughout its educational system.