1. Trump and Musk plan to check gold reserves
2. mETH recovers $43 million from Bybit hackers
ETH liquidity staking and re-staking protocol mETH Protocol announced the recovery of 15,000 cmETH tokens, worth approximately $44 million, from the hacker group responsible for the $1.4 billion attack on the centralized exchange ByBit. Tether CEO Paolo Ardoino also announced that $181,000 worth of USDT associated with the attack had been frozen. The amount recovered already exceeds the amount recovered from previous Lazarus Group hacks, such as those on Ronin and the Harmony bridge protocol. -Original text
3. Arkham Exchange will provide spot trading in 17 U.S. states
Blockchain analysis company Arkham announced on Saturday that it will begin providing support for U.S. users in 17 states starting in early March. According to data from The Block, Arkham aims to break the current 85% market share of dollar-supported exchanges held by Crypto.com and Coinbase. -Original
4. SEC drops the investigation into OpenSea
The U.S. Securities and Exchange Commission (SEC) is concluding its investigation into the large non-fungible token trading market OpenSea, as the platform's founder and CEO Devin Finzer stated on social media. The regulatory agency sent a Wells notice to OpenSea in August 2024, indicating it plans to take enforcement action against it. The regulator accused the platform of possibly operating as an unregistered securities trading market. This move by the SEC comes as the agency plans to vote on an agreement negotiated with Coinbase to drop the lawsuit against the exchange, which is seen as a boon for the cryptocurrency industry and NFT creators. 'This is a victory for all creators and builders in our space. Attempting to classify NFTs as securities would be a step backwards—a misinterpretation of the law that stifles innovation,' Finzer posted. Chris Akhavan, the Chief Business Officer of NFT market Magic Eden, remarked in response to Finzer’s post that this is a victory for the broader cryptocurrency sector. Akhavan wrote, 'While we are competitors in the same camp, we all firmly believe in NFTs and the impact they will bring.' The announcement led to an increase in activity of the native tokens of the NFT market LooksRare. According to data from TheTie, shortly after the announcement, the number of active addresses for the token LOOKS surged, increasing 'about five times' compared to usual numbers. -Original
5. Buffett increases short-term U.S. Treasury holdings
Odaily Planet Daily News: Buffett issued the annual shareholder letter, which mentioned that in 2024, Berkshire's performance exceeded expectations, despite 53% of our 189 operating companies reporting a decline in earnings. Due to the increase in U.S. Treasury yields, we significantly increased our holdings of these highly liquid short-term securities, and the investment returns achieved a predictable substantial growth, which has been very helpful to us. -Original
6. South Dakota will review the Bitcoin investment bill
7. Hefei police investigate virtual currency trading fraud case
Ms. Cheng from Hefei and her boyfriend are preparing to sell their virtual currency USDT. An old friend, Sun, approached them wanting to buy coins, and an unexpected incident occurred during the virtual currency transaction. It is reported that the USDT involved in this case reached over 277,000 pieces. After the transaction was completed, Ms. Cheng was informed that over two million cash was brought by Sun's two friends, and the virtual currency had to be transferred to their accounts for the transaction to be considered complete. However, Ms. Cheng's virtual currency had already been transferred to Sun's account, and Sun claimed that his phone was infected with a virus, preventing the transfer to his two friends' accounts. The two began to argue with Ms. Cheng over repayment, leading Sun to call the police, who arrived at the scene. Ms. Cheng believes this was a trap set up by the three of them. Both parties have their own claims, and Ms. Cheng is unwilling to mediate with them. According to the latest situation from the Hefei Public Security Bureau Xinzhang Branch, the police have filed a fraud case for investigation, and Ms. Cheng has received the case filing notice. -Original
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