OPINION: Bitcoin advocate Samson Mow has called for an Ethereum hard fork to reverse the $1.4 billion hack on Bybit, arguing it would prevent North Korea from using the stolen funds.
ANALYSIS: Credible Crypto predicts Bitcoin will hit a new all-time high in a few months but expects a drop to the low $80,000 range before a parabolic surge.
OPINION: VanEck predicts that Bitcoin could help manage the U.S. national debt, citing a study based on Senator Cynthia Lummis’ proposed Bitcoin Act, which suggests a strategic Bitcoin reserve may partially balance the debt by 2049.
TODAY: Tether CEO Paolo Ardoino announced that 181,000 USDT linked to the Bybit hack was frozen as part of an early recovery effort, reaffirming the company's commitment to monitoring illicit activities.
JUST IN: Bloomberg reports that Bangladesh’s interim leader Muhammad Yunus has invited Elon Musk to visit the country and introduce Starlink satellite internet service.
RECENTLY: Binance founder CZ has stated that he received over $1 million back from a $100K donation and is seeking community input on whether to airdrop, donate, add to liquidity, or burn the funds.
RECENTLY: Kanye West (Ye) sparked controversy on Saturday with a racial slur-filled tirade after failing to get Binance CEO Changpeng Zhao’s (CZ) phone number, following rumors of a possible crypto collaboration.
RECENTLY: Ho Kai Xin, a former payroll staffer at WeChain Fintech Singapore, has been sentenced to nearly 10 years in jail for embezzling over $5.7 million by manipulating payroll files while managing salaries for Bybit employees, per The Strait Times.
TODAY: A crypto trader known as MistaFuccYou tragically took his own life live on X after losing his last $500 in a meme coin rug pull, prompting an immediate reaction from the crypto community with meme coins using his name appearing within minutes.
JUST IN: Russia will hold talks with the U.S. at the end of the week to address bilateral tensions, according to Deputy Foreign Minister Sergei Ryabkov, per Tass.
RECENTLY: Ethereum core developer Tim Beiko rejected calls to roll back the Ethereum network after Bybit’s $1.5 billion hack, explaining on X why such a move is technically infeasible.
RECENTLY: According to report, ConsenSys has urged the SEC to withdraw its proposed amendment expanding the definition of “exchange” to include DeFi platforms, arguing it overreaches legal authority and violates the Administrative Procedure Act.
RECENTLY: Bybit CEO Ben Zhou expressed deep gratitude to industry firms and executives for their support following the exchange’s $1.4 billion hack, calling it a testament to the crypto community’s unity.
RECENTLY: CryptoQuant's Julio Moreno reported that Bybit's ETH reserves, which dropped from 443,691 ETH to 63,807 ETH due to a hack, have recovered to 160K ETH.
RECENTLY: Argentine President Javier Milei proposed a free trade deal with the U.S. at CPAC, aligning with Trump’s reciprocity agenda but noting that Argentina’s Mercosur membership is a hurdle, according to report.
TODAY: Arkham Intelligence announced it will launch spot crypto trading in 17 U.S. states starting March 1, expanding its exchange services beyond USDT-based perpetuals.
Recently: A former JPMorgan Chase banker, Franchesca Calagui, has been indicted for allegedly cashing 339 forged U.S. Treasury checks worth $857,000 over ten months, facing up to 30 years in prison and a $1 million fine per count if convicted, per report.
