GateNewsBot

February 11 News, privacy cryptocurrency Zcash (ZEC) continues to weaken amid rising market risk aversion, with a decline of over 25% this month. In January, ZEC plummeted more than 41%, continuing its downward trend since 2026. As of press time, ZEC is priced at approximately $227.22, down another 4.29% in the past 24 hours.
Looking back at its trend, ZEC once surged over 440% in October 2025 against the trend, becoming one of the few strong assets at that time. Despite volatile fluctuations in November and December, it ultimately closed slightly higher. However, after entering 2026, global risk assets came under pressure, coupled with rumors of Electric Coin Company (ECC) parting ways with Bootstrap, which significantly cooled market sentiment and led to continuous selling pressure on ZEC.

On February 11, news reports indicate that LayerZero (ZRO) has risen approximately 22.36% in the past 24 hours, with the price briefly reaching $2.45. It is currently hovering around $2.35. Driven by multiple major positive developments, ZRO's daily trading volume surged by 328%, reaching approximately $500 million, indicating a rapid influx of capital and attention.
The core catalyst for this rally comes from LayerZero Labs' release of the new Layer-1 network Zero. The platform targets institutional financial markets and is scheduled to launch in Fall 2026. Zero will utilize zero-knowledge proofs and the Jolt virtual machine architecture. The official claim is that its theoretical throughput can reach 2 million transactions per second, addressing scalability and efficiency bottlenecks faced by traditional blockchains. The network will establish three permissionless "zones," governed by the underlying protocol, with ZRO serving as the native token and governance asset.

February 11 News, despite the ongoing volatility in the crypto market, Strategy Executive Chairman Michael Saylor remains bullish on Bitcoin, believing its long-term returns could reach twice that of the S&P 500 index. Over the past year, Bitcoin has fallen sharply from its all-time high of $126,000 set in October 2025, currently trading about 28.6% below its peak. During the same period, Strategy's stock price declined even more significantly, dropping to around $103 at one point, and recently rebounded to approximately $138.
Amidst the market downturn, Strategy has chosen to increase its holdings. The company disclosed that it has spent about $90 million to purchase 1,142 Bitcoins, bringing its total holdings to 714,644 coins, accounting for approximately 3.4% of the total Bitcoin supply. However, the current Bitcoin price is still below its overall acquisition cost. The company recorded a net loss of $12.4 billion in Q3 2025, with a loss of $42.93 per share.

Odaily Planet Daily reports that, according to Token Terminal data, the Ethereum staking rate has exceeded 30%, reaching a new all-time high.

Odaily Planet Daily reports that according to msx.com data, U.S. stock pre-market crypto concept stocks declined across the board, with MSTR down 3.93%, SBET down 6.47%, BMNR down 6.99%, and CRCL down 0.58%.
It is reported that msx.com is a decentralized RWA trading platform that has listed hundreds of RWA tokens, covering U.S. stocks such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, NVDA, and others.

Odaily Planet Daily reports that Gate data shows spot gold has risen above $5,070 per ounce, up 0.94% today.

Gate News Bot Message, February 11th, according to CoinMarketCap data, as of press time, NIL (Nillion) is trading at $0.06, up 32.14% in the past 24 hours, reaching a high of $0.06 and a low of $0.04. The 24-hour trading volume is $12.4 million. The current market cap is approximately $18.1 million, an increase of $4.41 million from yesterday.
Nillion is a network platform dedicated to decentralized sensitive data trust. By building the world's first "blind computer," it aims to unlock personalized AI. The platform treats data privacy as a driving force rather than a limitation, utilizing cryptographic technology based on Information-Theoretic Security (ITS) to achieve quantum-safe data protection.
Nillion's core architecture consists of the processing layer, coordination layer, and connection layer. By deploying nodes, it forms a network.

On February 11, Malaysia's Central Bank (BNM) announced plans to launch three pilot projects by 2026 focused on local currency stablecoins and tokenized deposits, primarily serving domestic and cross-border wholesale payment scenarios. The initiatives are coordinated by the Malaysia Digital Asset Innovation Hub (DAIH), which is the regulatory sandbox environment in Malaysia for testing crypto and blockchain financial applications.
BNM revealed in the announcement that these three projects will be led by multiple local and international banks. One project, led by Standard Chartered Malaysia and Capital A, will focus on Ringgit stablecoin settlement for B2B scenarios; the other two, led by Maybank and CIMB, will concentrate on tokenized deposit schemes for payment purposes. These tests aim to evaluate the potential impact of stablecoins and on-chain deposits on the monetary system, liquidity management, and financial stability.

On February 11, Hong Kong Financial Secretary Paul Chan announced that Hong Kong is ready to issue the first batch of stablecoin licenses in March, marking the official move into the practical phase of local stablecoin regulation. The statement was made at a digital asset industry conference, sparking significant market attention on topics such as the "Hong Kong stablecoin regulatory framework" and "stablecoin compliance issuance prospects."
Paul Chan pointed out that only a small number of licenses will be issued in the initial phase, and regulators will focus on whether applicants have clear use cases, sustainable business models, and comprehensive compliance and risk management systems. He emphasized that stablecoins are not merely payment tools but are important infrastructure connecting traditional finance with on-chain economy, thus requiring a balance between innovation and risk control.

Gate News Bot Message, February 11th, according to CoinMarketCap data, as of press time, POWER (Power Protocol) is trading at $0.41, up 43.26% in the past 24 hours, with a high of $0.45 and a low of $0.18. Its current market capitalization is approximately $86.2 million, an increase of $26 million from yesterday.
### Recent important news:
1️⃣ **Demand for AI infrastructure drives increased attention to power assets**
As the demand for AI computing power explodes, the need for stable electricity supply becomes a key link in the industry chain. Power protocol tokens are therefore receiving significant market attention, as their value in supporting AI infrastructure development becomes more prominent, serving as an important background factor for this round of price increases.
2️⃣ **Bitcoin mining cycle prosperity trend

Gate News bot message, FTX/Alameda has unstaked 196,611 SOL tokens, with a total value of $15.97 million. The unstaking operation involves a significant amount of Solana tokens previously locked in staking.

BlockBeats News, February 11 — At the Accelerate APAC 2026 Conference, Lightspeed, a Solana ecosystem-native investor relations platform developed by Blockworks, announced it will go live on February 17. The platform supports native token operations, smart contracts, wallet integration, on-chain voting, and other features. The waitlist is now open to users.

Maitong MSX announces that its official website msx.com has completed a design upgrade, focusing mainly on visual restructuring, interaction optimization, and brand communication. The new design features a dark color scheme and a skeuomorphic style, reorganizes the functional layout, and optimizes page white space, consolidating high-frequency operation entrances to enhance user clarity and security.

Gate News Bot Message, February 11th, according to CoinMarketCap data, as of press time, UP (Superform) is currently trading at $0.05, down 44.80% in the past 24 hours, with a high of $0.10 and a low of $0.03. The 24-hour trading volume reached $19.9 million. The current market capitalization is approximately $7.14 million.
Superform is a one-stop wealth management platform that simplifies the user interface and processes to help users easily earn, store, exchange, and transfer cryptocurrencies. The platform offers cross-chain deposit and withdrawal features, allowing users to seamlessly switch between multiple DeFi protocols without switching RPCs, exchanging tokens, or manually bridging assets to obtain the best yields. Superform has undergone independent audits by multiple security experts, and currently, the assets held within the platform exceed $130 million.

On February 11, news, the U.S. Southern District of New York Federal District Court made an important ruling, dismissing the patent infringement lawsuit filed by Bprotocol Foundation and LocalCoin Ltd. related to Bancor against Uniswap. Judge John G. Koeltl stated in a memorandum opinion issued on February 10 that the patents involved are essentially "abstract concepts" and do not meet the patentability standards under U.S. patent law.
The case centered around the "Constant Product Automated Market Maker" model, which is one of the core liquidity pricing mechanisms in decentralized finance. The plaintiffs claimed that Uniswap illegally used their automated pricing and liquidity pool technology, but the court held that these patents only involve "fundamental economic practices of calculating currency exchange rates for trading," and even if implemented on blockchain and smart contracts, they do not qualify for patent protection.

PANews February 11 News, according to RIA Novosti, a Russian court has fined the Telegram platform 3.8 million rubles. The Kremlin (regarding the Telegram platform) stated: Law is law, and companies must comply with the law.

ChainCatcher message: According to the official announcement, Bitcoin Core v29.3 has been officially released, and users can download it from the official website.