1. ZachXBT: Indian crypto exchange WazirX may have been hacked, with losses exceeding $230 million
The stolen assets include 5.43 trillion SHIB ($102 million), 15,298 ETH ($52.5 million), 20.5 million MATIC ($11.24 million), 640.27 billion PEPE ($7.6 million), 5.79 million USDT and 135 million GALA ($3.5 million). At present, the attacker has begun to sell SHIB and other tokens, in exchange for a total of 9,956 ETH ($34.36 million). As of now, the WazirX hacker holds 56,813 ETH ($197.64 million), with only $25.29 million worth of altcoins left unsold. WazirX has issued a statement confirming the security vulnerability and temporarily suspended Indian rupee INR and cryptocurrency withdrawals.
2. The Hong Kong Monetary Authority announced the list of institutions participating in the "Sandbox" program for stablecoin issuers
Including JD CoinChain Technology (Hong Kong) Co., Ltd., Yuanbi Innovation Technology Co., Ltd., Standard Chartered Bank (Hong Kong) Co., Ltd., Anmi Group Co., Ltd. and Hong Kong Telecom Co., Ltd. The HKMA announced that these institutions have demonstrated their real intention and reasonable plans to develop stablecoin issuance business in Hong Kong. The "Sandbox" is planned to be launched in March 2024, aiming to promote the sustainable and responsible development of Hong Kong's stablecoin ecosystem. Participants must comply with the requirements of the "Sandbox". The initial stage does not involve the use of public funds, and they may not raise funds or provide any related products to the public in the name of the "Sandbox". If there are new participants, the HKMA will announce them in due course.
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3. MtGox forum poll: 55% of participants will not sell Bitcoin
A vote on the Reddit MtGox forum showed that among the 467 members who participated in the vote, 260 people chose not to sell any of the bitcoins after receiving them as compensation, accounting for the highest proportion of 55%; 88 people chose to sell all of them, accounting for 18%, ranking second highest among the voting options; 68 people chose to sell 1% to 25%; and 26 people chose to sell 25% to 50%.
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4. Trump will attend the Bitcoin conference to strengthen security measures, the number of visitors may reach a new high
After attendance fell during the bitcoin bear market, attendance at the bitcoin conference could easily exceed last year's roughly 12,000 people, and could even rival 2022's record of more than 25,000. Brandon Green, chief of staff for the conference organizers, said ticket sales have accelerated since the announcement that Trump would attend the conference, predicting that the final audience could be between 20,000 and 45,000. The conference could offer a unique "symbiotic" opportunity for the bitcoin industry and politicians. According to the Washington Post, one of the conference's founders promised Trump that attending the conference could bring him $15 million in revenue.
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5. Vitalik: Oppose choosing political allies based on who “supports cryptocurrencies”
In the article, he said that although cryptocurrency is becoming increasingly important in modern politics, excessive focus on this may go against the values of entering the crypto field in the first place. He emphasized that cryptocurrency is not just currency and blockchain, but has a broader concept of technological freedom and personal freedom behind it. Freedom is not limited to payment, but also freedom of communication, digital identity and thought. Politicians who support cryptocurrency do not necessarily have the same position on other freedoms and technology issues. It is worth noting that Vitalik used Firefly to publish this tweet. Firefly is a Web3 social aggregation application incubated by Mask Network.
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