Crypto Carrera
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đ MELANIA Whale Loses $15.68 Million as Token Crashes
đ˝ Lookonchain reports that large MELANIA traders have faced significant losses recently.
âĄď¸ One whale spent 30 million USDC to purchase 13.97 million MELANIA a month ago but sold it for 14.32 million USDC, resulting in a $15.68 million loss.
âĄď¸ Another trader bought 6.69 million MELANIA for 10 million USDC in early February, only to sell it for 6.27 million USDC at monthâs end, losing $3.73 million.
đ˝ Lookonchain reports that large MELANIA traders have faced significant losses recently.
âĄď¸ One whale spent 30 million USDC to purchase 13.97 million MELANIA a month ago but sold it for 14.32 million USDC, resulting in a $15.68 million loss.
âĄď¸ Another trader bought 6.69 million MELANIA for 10 million USDC in early February, only to sell it for 6.27 million USDC at monthâs end, losing $3.73 million.
đĄ HEX Founder Wins Lawsuit Against SEC
đ Richard Schueler (Hert), founder of PulseX, saw a 40% increase in the value of his crypto assetsâPLS, PLSX, and HEXâafter winning a lawsuit against the SEC.
â The SEC had accused Schueler-Hert of raising over $1 billion through unregistered cryptocurrency offerings and embezzling $12.1 million in investor funds. However, the court ruled that the transactions were conducted through global platforms and wallets unrelated to the US market, meaning the charges couldn't be pursued in a US court.
đ Richard Schueler (Hert), founder of PulseX, saw a 40% increase in the value of his crypto assetsâPLS, PLSX, and HEXâafter winning a lawsuit against the SEC.
â The SEC had accused Schueler-Hert of raising over $1 billion through unregistered cryptocurrency offerings and embezzling $12.1 million in investor funds. However, the court ruled that the transactions were conducted through global platforms and wallets unrelated to the US market, meaning the charges couldn't be pursued in a US court.
đ NFT Sales Drop 29% to $107 Million
đ˝ Ethereum still leads the way with $25.3 million in weekly sales, but Bitcoin NFTs are catching up with $24.3 million in sales.
âĄď¸ According to CryptoSlam, Courtyard claimed the top spot among collections with $12.1 million in sales, while Pudgy Penguins dropped to tenth place, down 81%.
âĄď¸ In single sales, Book ioâs tokenized books led with Dr. Jekyll and Mr. Hyde selling for $390,410 (600,000 ADA), and its second edition for $386,179 (600,000 ADA).
đ˝ Ethereum still leads the way with $25.3 million in weekly sales, but Bitcoin NFTs are catching up with $24.3 million in sales.
âĄď¸ According to CryptoSlam, Courtyard claimed the top spot among collections with $12.1 million in sales, while Pudgy Penguins dropped to tenth place, down 81%.
âĄď¸ In single sales, Book ioâs tokenized books led with Dr. Jekyll and Mr. Hyde selling for $390,410 (600,000 ADA), and its second edition for $386,179 (600,000 ADA).
âźď¸ Ethereum Foundation Continues Leadership Updates
đˇ After the recent appointment of Aya Miyaguchi as President, Hsiao-Wei Wang (Taiwanese blockchain researcher) and Tomasz StaĹczak (Nethermind founder) will step into the roles of co-CEOs at the Ethereum Foundation.
â Danny Ryan, who was a favorite for the CEO role, will now co-found the new marketing division Etherealize alongside Vivek Raman. Exciting changes ahead for Ethereum's future!
đˇ After the recent appointment of Aya Miyaguchi as President, Hsiao-Wei Wang (Taiwanese blockchain researcher) and Tomasz StaĹczak (Nethermind founder) will step into the roles of co-CEOs at the Ethereum Foundation.
â Danny Ryan, who was a favorite for the CEO role, will now co-found the new marketing division Etherealize alongside Vivek Raman. Exciting changes ahead for Ethereum's future!
đ˝ Friday: The Worst Day of the Week for Cryptocurrencies
Fridays have consistently brought tough news for crypto markets this year:
đ January 17 â $TRUMP token liquidity drain
đ January 24 â Market dump due to Deepseek
đ January 31 â Market dump due to Trump tariffs
đ February 14 â LIBRA token launch
đ February 21 â Bybit hack
đ March 7 â White House crypto summit
With a history like this, what will the first Friday of March bring? Stay alert!
Fridays have consistently brought tough news for crypto markets this year:
đ January 17 â $TRUMP token liquidity drain
đ January 24 â Market dump due to Deepseek
đ January 31 â Market dump due to Trump tariffs
đ February 14 â LIBRA token launch
đ February 21 â Bybit hack
đ March 7 â White House crypto summit
With a history like this, what will the first Friday of March bring? Stay alert!
đ Vitalik Buterinâs New Article on AI and Blockchain! đ
In his latest article, Vitalik Buterin, the creator of Ethereum, highlights that AI should remain a tool, with humans in control, like an engine guided by a steering wheel.
He also emphasizes the growing importance of blockchain in the future, noting its potential to shape the digital landscape. A thought-provoking read!
In his latest article, Vitalik Buterin, the creator of Ethereum, highlights that AI should remain a tool, with humans in control, like an engine guided by a steering wheel.
He also emphasizes the growing importance of blockchain in the future, noting its potential to shape the digital landscape. A thought-provoking read!
đ
US to Host Its First Crypto Summit on March 7! đşđ¸
The White House is set to hold its inaugural crypto summit next week, featuring key figures from the industry.
đ Donald Trump, David Sacks, Bo Hines, and other notable names will speak at the event, making it a significant moment for the future of crypto in the US. Stay tuned!
The White House is set to hold its inaugural crypto summit next week, featuring key figures from the industry.
đ Donald Trump, David Sacks, Bo Hines, and other notable names will speak at the event, making it a significant moment for the future of crypto in the US. Stay tuned!
đ
SEC to Host Cryptocurrency Regulation Roundtable on March 21! đşđ¸
The Securities and Exchange Commission (SEC) will be holding a meeting in Washington to discuss the current state of digital assets and the future of crypto regulation.
â As part of the Spring Sprint Towards Crypto Clarity initiative, the SEC aims to shift from fine-based regulation to a more transparent and constructive dialogue with the industry. Big changes could be ahead!
The Securities and Exchange Commission (SEC) will be holding a meeting in Washington to discuss the current state of digital assets and the future of crypto regulation.
â As part of the Spring Sprint Towards Crypto Clarity initiative, the SEC aims to shift from fine-based regulation to a more transparent and constructive dialogue with the industry. Big changes could be ahead!
đ Ethereum Completes Pectra Upgrade Audit! đš
The Ethereum Foundation has successfully wrapped up the Pectra audit, collaborating with top blockchain security firms. This marks a crucial step in strengthening the networkâs reliability and resilience.
đ All audit reports are now publicly available, showcasing Ethereum's dedication to transparency and security ahead of the upcoming mainnet upgrade.
The Ethereum Foundation has successfully wrapped up the Pectra audit, collaborating with top blockchain security firms. This marks a crucial step in strengthening the networkâs reliability and resilience.
đ All audit reports are now publicly available, showcasing Ethereum's dedication to transparency and security ahead of the upcoming mainnet upgrade.
đŹ Cynthia Lummis on Bitcoin's Long-Term Value! đĽ
US Senator Cynthia Lummis shares her strategy: "I spend dollars but accumulate bitcoin."
đ While acknowledging bitcoinâs volatility, she believes its long-term growth potential outshines the dollarâs diminishing value over time. A bold perspective on cryptoâs future!
US Senator Cynthia Lummis shares her strategy: "I spend dollars but accumulate bitcoin."
đ While acknowledging bitcoinâs volatility, she believes its long-term growth potential outshines the dollarâs diminishing value over time. A bold perspective on cryptoâs future!
đ Trump Ventures into the Metaverse and NFT Marketplace! đ
Trumpâs DTTM Operations has filed a trademark for "TRUMP", planning to launch a metaverse and NFT marketplace.
đ The virtual space will include online shopping, restaurants, transportation services, and exclusive content, creating a unique experience for users in the digital world. Stay tuned for more!
Trumpâs DTTM Operations has filed a trademark for "TRUMP", planning to launch a metaverse and NFT marketplace.
đ The virtual space will include online shopping, restaurants, transportation services, and exclusive content, creating a unique experience for users in the digital world. Stay tuned for more!
đ BlackRock Adds Bitcoin ETF to Portfolios! đŞ
BlackRock is now integrating the iShares Bitcoin Trust ETF (IBIT) into their model portfolios for financial advisors. Theyâre allocating 1-2% to Bitcoin, giving investors more exposure to crypto in a traditional investment setup.
Exciting times ahead as major players like BlackRock make moves into the crypto space!
BlackRock is now integrating the iShares Bitcoin Trust ETF (IBIT) into their model portfolios for financial advisors. Theyâre allocating 1-2% to Bitcoin, giving investors more exposure to crypto in a traditional investment setup.
Exciting times ahead as major players like BlackRock make moves into the crypto space!
đ CME Group Unveils Solana Futures! đ§Ź
Starting March 17, CME Group is launching Solana futures with two contract types:
đš Micro contract â 25 SOL
đš Standard contract â 500 SOL
â This move expands their crypto derivatives options, adding Solana to their existing BTC and ETH offerings.
Stay tuned for more updates on this exciting development!
Starting March 17, CME Group is launching Solana futures with two contract types:
đš Micro contract â 25 SOL
đš Standard contract â 500 SOL
â This move expands their crypto derivatives options, adding Solana to their existing BTC and ETH offerings.
Stay tuned for more updates on this exciting development!
âźď¸ Overview of the Main News for February 28
â The US Wants to Ban Politicians from Issuing Memecoins
The proposed bill aims to prohibit government officials and their families from issuing or approving digital assets.
â The SEC Officially Closed the Case Against Coinbase
The case, which accused Coinbase of violating securities laws, has been dropped, signaling a shift in regulatory approaches.
â BlackRock Transferred BTC and ETH to Coinbase Prime
BlackRock moved 5,100 BTC ($441.88M) and 30,280 ETH ($71.85M) to Coinbase Prime, sparking concerns about potential sell-offs.
â A Crypto Crime Agency Has Appeared in South Korea
South Korea created a dedicated body to investigate crypto crimes, and it's already making headlines with several high-profile cases.
đ Stay tuned for more updates as these developments unfold in the coming days!
â The US Wants to Ban Politicians from Issuing Memecoins
The proposed bill aims to prohibit government officials and their families from issuing or approving digital assets.
â The SEC Officially Closed the Case Against Coinbase
The case, which accused Coinbase of violating securities laws, has been dropped, signaling a shift in regulatory approaches.
â BlackRock Transferred BTC and ETH to Coinbase Prime
BlackRock moved 5,100 BTC ($441.88M) and 30,280 ETH ($71.85M) to Coinbase Prime, sparking concerns about potential sell-offs.
â A Crypto Crime Agency Has Appeared in South Korea
South Korea created a dedicated body to investigate crypto crimes, and it's already making headlines with several high-profile cases.
đ Stay tuned for more updates as these developments unfold in the coming days!
đŁ North Korean Hackers Launder Over 50% of $ETH Stolen from Bybit
On-chain data reveals that the hacker group, likely the Lazarus Group, laundered 54% of the $ETH stolen from Bybit, which amounts to around 270,000 ETH worth approximately $605 million.
đŻ The hackers used the THORChain protocol to move the funds.
Experts widely agree that the Lazarus Group is behind the attack.
On-chain data reveals that the hacker group, likely the Lazarus Group, laundered 54% of the $ETH stolen from Bybit, which amounts to around 270,000 ETH worth approximately $605 million.
đŻ The hackers used the THORChain protocol to move the funds.
Experts widely agree that the Lazarus Group is behind the attack.
đľ Paolo Ardoino: USDT is an Intermediate Stage on the Way to the Bitcoin Standard
The CEO of Tether, Paolo Ardoino, believes that USDT (Tether) will eventually become unnecessary as the world shifts toward the Bitcoin standard.
đ§ According to Ardoino, the global financial system is heading towards an inevitable collapse, pushing people to switch to Bitcoin. As a result, the need for fiat currencies and stablecoins will disappear in the future.
However, Ardoino did not provide a specific timeline for when this shift might happen. đ°ď¸
The CEO of Tether, Paolo Ardoino, believes that USDT (Tether) will eventually become unnecessary as the world shifts toward the Bitcoin standard.
đ§ According to Ardoino, the global financial system is heading towards an inevitable collapse, pushing people to switch to Bitcoin. As a result, the need for fiat currencies and stablecoins will disappear in the future.
However, Ardoino did not provide a specific timeline for when this shift might happen. đ°ď¸
âĄď¸ Ronaldinho Hints at Launching His Own Token and Announces "Big News"
The legendary footballer Ronaldinho teased his fans with the possibility of launching a personal token and dropped hints about an upcoming "big news" announcement. đ
Stay tuned for more updates on this exciting move into the crypto space! đĽ
The legendary footballer Ronaldinho teased his fans with the possibility of launching a personal token and dropped hints about an upcoming "big news" announcement. đ
Stay tuned for more updates on this exciting move into the crypto space! đĽ
âźď¸ Uniswap Makes Fiat Deposits and Withdrawals Easier
đŚ Uniswap Labs has teamed up with Robinhood, MoonPay, and Transak to enable direct cryptocurrency trading and bank deposits from the Uniswap Wallet in just a few clicks!
The feature is available on the Android and iOS apps, with plans to expand to the web soon. đ
đŚ Uniswap Labs has teamed up with Robinhood, MoonPay, and Transak to enable direct cryptocurrency trading and bank deposits from the Uniswap Wallet in just a few clicks!
The feature is available on the Android and iOS apps, with plans to expand to the web soon. đ
đ Michael Saylor Predicts $280 Trillion for the Crypto Market
đ Michael Saylor, co-founder of Strategy, presented his "Digital Asset Framework" to the House Financial Services Committee. He forecasts that the cryptocurrency market could grow to $280 trillion, with a potential economic impact of $590 trillion.
đ Saylor also highlighted that the Bitcoin Strategic Reserve could generate between $16â81 trillion for the US Treasury, offering a potential solution to offset the national debt. đĄ
đ Michael Saylor, co-founder of Strategy, presented his "Digital Asset Framework" to the House Financial Services Committee. He forecasts that the cryptocurrency market could grow to $280 trillion, with a potential economic impact of $590 trillion.
đ Saylor also highlighted that the Bitcoin Strategic Reserve could generate between $16â81 trillion for the US Treasury, offering a potential solution to offset the national debt. đĄ
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