Odaily Planet Daily reports that BNB Chain announced on the X platform that, starting today, the BNB Beacon Chain token recovery tool will be phased out in three stages. BNB Beacon Chain asset holders should use the tool as soon as possible to migrate their tokens to BSC for faster processing.

Odaily Planet Daily reports that negotiations for US cryptocurrency legislation have reached a new impasse. The banking industry has stated it cannot support the compromise pushed by the White House, which allows stablecoin issuers to offer yield products in specific scenarios such as peer-to-peer payments, but prohibits offering yields on idle holdings. Crypto companies have accepted the compromise, but banks still want stricter restrictions on the scope of businesses that can offer rewards, arguing that such provisions could lead to deposit outflows. Standard Chartered estimates that stablecoins could draw approximately $500 billion in deposits from the US banking system by the end of 2028. Trump tweeted on Truth Social that he would not allow the banking industry to "undermine our strong crypto agenda." Crypto industry players such as Coinbase, Ripple, and the Blockchain Association have participated in the negotiations. Blockchain Association CEO Summer Mersinger stated that "the path to a viable agreement is clearer than it was a month ago." The bill also faces other challenges: it requires the support of at least seven Democratic senators, some Democrats are demanding a ban on elected officials profiting from crypto businesses, and other lawmakers are calling for stricter anti-money laundering provisions. The bill also needs to be reconciled with the Senate Agriculture Committee version and compete for a time slot with other bills, such as housing policy reform, within the limited Senate agenda. Adrian Wall, managing director of the Digital Sovereignty Alliance, said that if the bill fails to reach the president for signature before July, the midterm elections will close the passage window.

According to Odaily Planet Daily, Venice founder Erik Voorhees stated in a post on the X platform that Venice's current privacy model involves not storing prompts and response content on servers, and therefore they are not retained, viewed, or retrieved. However, this privacy cannot currently be proven. He indicated that verifiable privacy protection has been on the roadmap since the project's inception, and this feature will be delivered soon.

According to an official announcement, BitMart will list Opinion (OPN) on March 5th at 21:00 (UTC+8), with the OPN/USDT trading pair available. OPINION is building a "global economic trading terminal for the masses"—a high-performance predictive trading platform that transforms economic insights into tradable markets. It combines AI oracles, on-chain trading infrastructure, and DeFi composability, allowing users to trade global macroeconomic signals with lower institutional barriers. Its architecture consists of Opinion.Trade, Opinion AI, Opinion Metapool, and Opinion Protocol.

Odaily Planet Daily reports that Japanese investors sold off their largest amount of overseas bonds since 2024 last month, and market observers are closely watching fund flows for signs that rising domestic yields are triggering a capital repatriation. According to preliminary weekly data released by Japan's Ministry of Finance on Thursday, Japanese investors' net sales of overseas bonds totaled 3.42 trillion yen in February, the largest monthly sale since October 2024, according to another balance of payments report. Most of the sales occurred in the week ending February 20. Ayako Sera, senior market strategist at Sumitomo Mitsui Trust Bank in Tokyo, said that life insurers may be adjusting their overall profits by selling foreign bonds as falling Japanese government bond prices force them to write down impairment losses, and demand for foreign bonds may have slowed given rising domestic yields. (Jinshi)