GuShiio.com Berachain has appointed former Polygon Labs CTO as the new chief technology officer;DTCC has listed the first Solana Futures ETFs with codes $SOLZ and $SOLT;FBI: North Korean hacker group TraderTraitor stole $1.5 billion in Bybit’s crypto assets.
Today’s top news tips:
Today, the panic and greed index fell to 10, hitting a new low since June 2024
Circle will issue another 250 million USDC, and Solana will increase its total development by US$8.5 billion in 2025
10x Research: In the worst-case scenario, BTC will fall to the range of US$72,000 to US$74,000 and then rebound. US$82,000 is a potential demand area
Bitwise CIO: Solana’s monthly decline has reached 42%, the crypto market is digesting the Meme coin craze recedes
Binance HODLer airdrops launches MyShell(SHELL)
Coinbase includes Cookie DAO (COOKIE) in listing roadmap
Berachain has appointed former Polygon Labs CTO Paul O’Leary as its new chief technology officer
Metaplanet will issue 2 billion yen in zero-coupon ordinary bonds to purchase BTC
DTCC lists the first Solana Futures ETFs with symbols $SOLZ and $SOLT
FBI: North Korean hacker group TraderTraitor steals $1.5 billion in Bybit’s crypto assets
Regulation/macro
Metaplanet will issue 2 billion yen in zero-coupon ordinary bonds to purchase BTC
Japanese-listed company Metaplanet announced its decision to issue the seventh series of ordinary bonds to EVO FUND, raising a total amount of 2 billion yen. This bond will be used to purchase Bitcoin. The bond is a zero-coupon bond with a face value of 50 million yen each. It is scheduled to be redeemed in full on August 26, 2025, and bondholders are allowed to redeem in advance.
Bitwise Aptos ETF is officially registered in Delaware and the entity type is a statutory trust
According to Delaware company registration information, Bitwise Aptos ETF was established in Delaware on February 25, 2025. The entity type is Statutory Trust and is classified as a General Entity. The registered agent is CSC Delaware Trust Company and its registered address is Wilmington, DE. This registration information suggests that Bitwise may plan to launch an ETF with Aptos (APT)-based assets, but has not yet received regulatory approval or listed trading.
DTCC lists the first Solana Futures ETFs with symbols $SOLZ and $SOLT
The American Depository, Trust and Clearing Corporation (DTCC) has listed the first batch of Solana futures ETFs issued by Volatility Shares, which are: · $SOLZ (Volatility Shares Solana ETF)· $SOLT (Volatility Shares 2X Solana ETF)
U.S. House committee urges repeal of new IRS DeFi tax rules, industry says it is “unfeasible”
According to CoinDesk, the U.S. House Ways and Means Committee voted 26 – 16 to initiate the repeal of the Internal Revenue Service (IRS)’s new tax regulations on decentralized finance (DeFi) platforms. The resolution requires majority approval of the House and Senate and signature by the President before it can take effect. The IRS approved a transaction reporting system in December 2024 to incorporate the DeFi protocol into the traditional broker tax framework, which was widely opposed by the crypto industry. Several agencies jointly signed an open letter calling on Congress to abolish the policy. Senator Ted Cruz has proposed a supporting resolution in the Senate. Republican lawmakers believe the regulation goes beyond legal authority and increases compliance burdens on U.S. taxpayers and the IRS, while Democratic lawmakers believe it helps ensure that crypto transactions are taxed in accordance with the law. It is estimated that repealing the rule will reduce tax revenue by $3.9 billion over the next decade.
Trump: 25% tariffs on EU will be announced soon
US President Trump: Tariffs on the EU will be announced soon. A 25% tariff could be imposed, which would apply to cars and all other items.
FBI: North Korean hacker group TraderTraitor steals $1.5 billion in Bybit’s crypto assets
According to an FBI announcement, the Federal Bureau of Investigation (FBI) confirmed that the North Korean hacker group “TraderTraitor” was responsible for the $1.5 billion crypto asset theft on the Bybit exchange on February 21. The FBI said that hackers have converted some of the stolen funds into Bitcoin and stored them in multiple blockchain addresses. It is expected that they will subsequently be converted into fiat currency through money laundering channels. The FBI urges RPC node operators, exchanges, DeFi service providers and blockchain analysts to block addresses associated with TraderTraitor to prevent further circulation of stolen assets. At the same time, the FBI listed multiple Ethereum addresses related to the organization and called on companies to cooperate with law enforcement agencies to jointly combat North Korea’s cybercrime activities.
US Treasury Secretary hires Galaxy Digital consultant Tyler Williams to lead crypto policy
According to CoinDesk, U.S. Treasury Secretary Scott Bessent has appointed Galaxy Digital regulatory adviser Tyler Williams as his digital asset and blockchain policy adviser. Williams served as Deputy Assistant Secretary of the Treasury from 2018 to 2020, focusing on digital asset regulation, and has worked on financial regulations in the Senate and House of Representatives. The appointment comes as the Ministry of Finance and the Ministry of Commerce advance to create a sovereign wealth fund that may involve digital assets. U.S. President Trump signed an executive order earlier this month requiring the Treasury and Commerce Departments to study the establishment of digital asset reserves. Although Bitcoin has not yet been explicitly mentioned, the government may include it as part of a national reserve strategy.
The SEC, together with Justin Sun and Tron, filed for a stay of litigation to explore possible settlement
U.S. court documents show that the SEC, together with Justin Sun, the Tron Foundation, the BitTorrent Foundation and Rainberry Company, filed a motion in the Federal Court for the Southern District of New York to suspend the SEC’s fraud lawsuit against Sun and Tron to consider “potential solutions.” The document pointed out that suspending the lawsuit is in the interests of all parties and will not cause harm to any party or the public. At the same time, it can avoid the court’s ruling on Tron’s motion to dismiss the lawsuit and save judicial resources. If the judge approves the case, the case will be suspended for 60 days, during which time both parties will need to submit a joint status report. The SEC sued Sun and its affiliates in 2023, accusing them of alleged market manipulation, fraud and issuance of unregistered securities. The application is similar to how the SEC handled the Coinbase and Binance cases and may indicate that the two parties are approaching a settlement.
MARA Holdings announced its 2024 Q4 financial report, with revenue increasing 37% year-on-year
Bitcoin mining company MARA Holdings announced its 2024 Q4 financial report. The company’s revenue for the quarter reached US$214.4 million, a year-on-year increase of 37%, and its full-year revenue reached US$656.4 million, a year-on-year increase of 69%. Net profit increased 248% year-on-year to US$528.3 million, and full-year net profit increased 107% to US$541 million.·Direct energy costs are US$28,801 per bitcoin and US$0.039 per kilowatt-hour.·The total hash rate increased by 115% year-on-year to 53.2 EH/s.·Bitcoin holdings increased 197% to 44,893 BTC (approximately US$4.6 billion), of which 10,374 BTC was lent or secured for borrowing.· Q4 mined a total of 2,492 BTC and purchased 15,574 BTC through zero-coupon convertible senior notes.·The company did not sell any bitcoins in Q4.
SEC terminates investigation into the Gemini Trust, no enforcement action is taken
SEC filings show that the U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Gemini Trust Company, LLC and decided not to take enforcement action. Gemini co-founder Cameron Winklevoss confirmed on social media that the investigation lasted 699 days and received Wells ‘notice 277 days ago. Winklevoss criticized the SEC’s regulatory actions for causing huge losses to the crypto industry, accusing the agency of enforcing the law without establishing clear rules, causing companies to bear high legal fees and financial losses. He called on the government to carry out regulatory reforms, including requiring the SEC to compensate affected companies triple legal fees, fire relevant law enforcement personnel, and prohibit those who abuse regulatory power from holding government positions again. The agency has previously withdrawn its lawsuit against Coinbase and terminated investigations into OpenSea, Robinhood and Uniswap.
financing
Phantom acquires SimpleHash to enhance wallet real-time token data capabilities
According to Phantom’s official announcement, Phantom has acquired SimpleHash, a leading token data platform, which provides real-time and comprehensive blockchain data analysis. This acquisition is Phantom’s third acquisition in eight months and aims to enhance users ‘token data experience. SimpleHash supports more than 80 blockchains and has high concurrent processing capabilities. It will provide more accurate real-time prices, NFT metadata updates and market activity monitoring for Phantom Wallet, and strengthen spam token detection. Officials said the integration will optimize the user experience and make wallet data faster, more accurate and safer. SimpleHash has notified existing customers that the current service will be phased out.
QuickNode launches $65 million Layer 2 accelerator, with Google and Coinbase Ventures participating
According to The Block, Web 3 infrastructure provider QuickNode has announced the launch of a $65 million “RollOut” accelerator program designed to support next-generation Layer 2 projects. The program will be launched in March and will provide participants with technical tools, financial support and industry resources. The partners include more than 30 institutions including Google, Coinbase Ventures, Dragonfly, Arbitrum, Chainlink, Fireblocks and Protocol Labs. RollOut will provide training in ecological construction, community development, token economics and market strategy for eight weeks, as well as providing data availability subsidies and security audit discounts for selected projects. QuickNode predicts that the Layer 2 market size may reach US$1 trillion by 2030, and hopes to use this program to incubate high-quality projects and promote decentralized application (dApp) innovation.
AI
NVIDIA Q4 revenue soared 78% to US$39.3 billion, strong demand for AI chips
Due to surging demand for Nvidia’s AI-specific chips, Nvidia’s quarterly revenue increased significantly, exceeding Wall Street expectations. The company’s Q4 revenue for fiscal year 2025 increased by 78% year-on-year to US$39.3 billion, higher than market expectations of about US$38 billion. NVIDIA’s (NVDA.O) net profit for Q4 in fiscal year 2025 was US$22.091 billion, with market expectations of US$19.611 billion, compared with US$12.285 billion in the same period last year. Nvidia said it expects revenue of $43 billion in the first quarter of fiscal 2026, roughly in line with Wall Street’s forecast of about $42 billion. Huang Renxun, CEO of Nvidia, said that the demand for Blackwell is amazing because inference artificial intelligence adds another extended law-adding training calculations to make models smarter, and adding long-term thinking calculations to make answers smarter. Nvidia’s share price once rose above 3.5% after hours in U.S. stocks.
project dynamics
Cobo launches Safe{Wallet} signing service to strengthen risk control for multiple signing transactions
Cobo, a provider of digital asset custody and wallet technology, announced the launch of Safe{Wallet} signing service, which allows users to independently resolve and control Safe multi-signing transactions within the custody address, further improving transaction security. This solution introduces Cobo address MPC or Web3 wallet in Safe{Wallet} to participate in the signature. As an independent third party, Cobo guarantees to use independent signature solutions with other signers to avoid each signer relying on a common infrastructure and having a single point of risk. At the same time, combined with Cobo’s powerful risk control system, each transaction is detected for abnormalities to prevent potential unexpected behaviors in a timely manner. The encrypted asset security protection system Cobo Guard realizes transaction review and cross-verification, effectively preventing data tampering or counterfeiting and ensuring the transaction. Real and effective.
Binance HODLer airdrops launches MyShell(SHELL)
Binance announced the 10th project of its HODLer Airdrops program-MyShell (SHELL). The airdrop totaled 25 million SHELL (accounting for 2.5% of the total supply), and another 25 million SHELL was dropped six months later. SHELL issued a total of 1 billion pieces, and the first batch of 270 million pieces in circulation (accounting for 27%). From February 14 to 18, 2025 (UTC), users who subscribe to BNB to Simple Earn or On-Chain Yields will receive airdrops, and tokens will be issued one hour before the transaction opens. Binance will launch MyShell (SHELL) at 21:00 (UTC+8) today, opening SHELL/BTC, USDT, USDC, BNB, FDUSD, and TRY trading pairs.
Coinbase includes Cookie DAO (COOKIE) in listing roadmap
According to Coinbase Assets, Coinbase has added Cookie DAO (COOKIE) tokens to its listing roadmap.
Coinbase launches Morpho (MORPHO) to support Ethereum and Base networks
Coinbase announced that it will launch Morpho (MORPHO) tokens and support Ethereum (ERC-20) and Base networks. Users need to ensure that transfers are made on the correct network, otherwise funds may be lost. Deposits for MORPHO are now open, and transactions are expected to start at 1 a.m. Beijing time on February 28 (9 a.m. PT time on February 27), depending on liquidity conditions. The MORPHO-USD trading pair will be launched in stages, but some regions may be subject to trading restrictions.
Berachain has appointed former Polygon Labs CTO Paul O’Leary as its new chief technology officer
The Berachain Foundation announced that Berachain has officially appointed Paul O’Leary as Chief Technology Officer (CTO). O’Leary has served as CTO of Polygon Labs and has 20 years of entrepreneurial and executive experience in blockchain and big data. O’Leary has joined Berachain since early this year and has led the team to promote the launch of the main network. He will use his rich experience in engineering management to drive Berachain’s development.
Ondo Finance partners with MasterCard to bring RWA to MTN
According to an announcement by Ondo Finance, Mastercard has incorporated Ondo Finance into its multi-token network (MTN), becoming the first real-world asset (RWA) provider on the network. Ondo’s Short-Term U.S. Treasury Bond Fund (OUSG) will become the first tokenized RWA solution on MTN, allowing companies to receive daily earnings and flexible cash management services on the chain. This integration allows MTN enterprise users to access OUSG directly on the public blockchain and settle through traditional banking channels without the need for additional cryptographic infrastructure. OUSG is supported by BlackRock’s BUIDL Fund and institutions such as Franklin Templeton and WisdomTree to provide stability and liquidity.
views
WOO CEO: The craze for Meme coins is coming to an end, AI will play an important role in DeFi
Jack Tan, co-founder and CEO of WOO, shared his vision for the WOO ecosystem and his future outlook for the crypto market in a recent interview. He said that WOO’s goal is to become a decentralized CME that provides users with a fair and interesting trading environment. Regarding future development, he believes that AI will play an important role in DeFi, especially in personalized services and risk warnings. He also pointed out that the complexity of DeFi and blockchain needs to be simplified through AI, ultimately driving the popularity of Web3. When talking about market trends, Jack Tan believes that the free market will evolve on its own and value will eventually return. He is optimistic about the long-term development of value coins and believes that the craze for Meme coins is coming to an end. In addition, he expressed optimism about the potential of the Asia-Pacific market and believed that if Hong Kong further relaxed its policies, it would occupy a more important position in the global encryption ecosystem. For newcomers to encryption, he suggests gradually understanding the market through study and practice, and believes that the entry threshold in the future will continue to decrease due to the emergence of new products.
10x Research: In the worst-case scenario, BTC will fall to the range of US$72,000 to US$74,000 and then rebound. US$82,000 is a potential demand area
10x Research founder Markus Thielen said in a client note on Wednesday that in a worst-case scenario, Bitcoin could fall to the $72,000 range to $74,000 range, and expected that area to be a potential rebound point. He pointed out that there is a lagging correlation between Bitcoin prices and global central bank liquidity indicators, which may have an impact on market trends. Currently, bitcoin prices have rebounded from a previous low of $82,000 to $86,000. Thielen found that $82,000 is a potential demand area by analyzing the chain indicator “short-term holder realization price”(the average purchase price of wallets that hold coins for less than 155 days). Historical data shows that in bull markets, Bitcoin rarely falls below this indicator for a long time, while in bear markets it may continue to fall below this level. Thielen added that consolidation patterns in the summer of 2024 showed that Bitcoin once fell below the indicator of $9620. If a similar pattern repeats, Bitcoin may stabilize around $82,000 and usher in a period of stability. The indicator is currently at US$92,800, and the market will pay close attention to its supporting effect on prices.
Bitwise CIO: Solana’s monthly decline has reached 42%, the crypto market is digesting the Meme coin craze recedes
According to the British “Financial Times” report, Matt Hougan, chief investment officer of crypto asset manager Bitwise, pointed out that the price of Ethereum has dropped 23% in the past month, while the token Solana, which carries most of the Meme coin blockchain, has dropped 42%. Cryptocurrencies are currently digesting the end of the Meme coin boom, and the market will continue to be dragged down until institutional interest in cryptocurrencies resumes. Traders have also become increasingly frustrated that Trump has not implemented some of the reforms he promised during the campaign faster, and market sentiment has turned to disappointment as the launch of major pro-cryptocurrency policies has been slower than expected.
Dfinity founder criticizes Web3’s “pseudo-chain” model and suggests migrating Safe{Wallet} to ICP to improve security
According to ICP founder Dominic Williams, a North Korean hacker group recently successfully stole US$1.5 billion in Bybit funds, mainly using Safe{Wallet}’s Web-side vulnerability, which is hosted in the cloud rather than on a smart contract. Williams criticized that some Web3 projects only run on the “fake onchain”, causing security risks, and suggested using ICP (Internet Computer) for on-chain computing, data storage, and user experience verification to improve security. He proposed migrating Safe{Wallet} to ICP and adopting cryptographic authentication mechanisms and multi-party consensus governance (such as SNS DAO) to enhance security. Related reading: Safe wallet is not Safe? Quick view of Bybit’s forensic investigation report
FTX bankruptcy legal fees are approaching US$1 billion, close to historical levels in the Lehman Brothers case
important data
32,000 ETH pieces were transferred to Binance, worth more than US$75.28 million
According to Whale Alert monitoring, approximately 32,000 Ethereum (ETH) pieces were transferred from unknown wallets to Binance at 15:01, with a total transaction value of approximately US$75.287 million.
FalconX deposited 340,000 SOLs worth US$46.8 million on multiple CEX exchanges
According to Lookonchain monitoring, about 30 minutes ago, FalconX deposited 340,000 Solana (SOL) tablets into Coinbase, Binance, OKX and Bybit, with a total value of approximately US$46.8 million.
The Bitcoin Spot ETF had a net outflow of US$755 million yesterday, a net outflow for the seventh consecutive day
According to SoValue data, on February 26 (U.S. Eastern Time), the net outflow of Bitcoin Spot ETF in a single day was US$755 million, and funds have been out for seven consecutive days. Among them, Grayscale Bitcoin Trust ETF (GBTC) had a single-day net outflow of US$22.6573 million, with a historical cumulative net outflow of US$22.255 billion, and Grayscale Bitcoin Mini Trust ETF (BTC) had a single-day net outflow of US$55.9694 million, with a historical cumulative net inflow of US$1.051 billion. As of press time, the total net asset value of the Bitcoin Spot ETF reached US$95.162 billion, the ETF’s net asset ratio (market value ratio) was 5.69%, and the historical cumulative net inflow was US$37.123 billion.
The Ethereum Spot ETF flowed out of US$94.2662 million yesterday, a net outflow for five consecutive days
According to SoValue data, on February 26 (U.S. Eastern Time), the net outflow of the Ethereum Spot ETF in a single day was US$94.2662 million, which has been the fifth consecutive day of capital outflow. Among them, Grayscale’s Ethereum Trust ETF (ETHE) had a single-day net outflow of US$3.3126 million, with a historical cumulative net outflow of US$4.044 billion, while the Grayscale Ethereum Mini Trust ETF (ETH) had a net outflow of US$0 that day, with a historical cumulative net inflow of US$605 million. As of press time, the total net asset value of the Ethereum Spot ETF reached US$8.556 billion, the ETF net asset ratio (market value ratio) was 3.03%, and the historical cumulative net inflow was US$2.931 billion.
Safe(SAFE) rose 32.5% in the past 24 hours to now report at $0.6728
Coingecko data shows that Safe (SAFE) tokens have risen 32.5% in the past 24 hours and are now quoted at US$0.6728 per coin.
A whale shorted ETH with 50 times leverage on HyperLiquid, with a floating profit exceeding US$62.4 million
According to Onchain Lens, a whale shorted ETH in HyperLiquid with 50 times leverage, and the current floating profit has exceeded US$62.4 million. The whale not only profits from the decline in ETH prices, but also earns additional income from the funding rate, achieving two-way profit.
Circle will issue another 250 million USDC, and Solana will increase its total development by US$8.5 billion in 2025
According to monitoring by Onchain Lens, Circle issued an additional 250 million USDC on the Solana network 9 hours ago. As of now, Circle has issued a cumulative US$8.5 billion in additional USDC on the Solana chain in 2025.
Today, the panic and greed index fell to 10, hitting a new low since June 2024
According to data from Alternative.me, the cryptocurrency panic and greed index dropped to 10 today (yesterday’s 21), a record low since June 2024, with a level of extreme panic. Note: The panic index threshold is 0-100, including indicators: volatility (25%)+ market volume (25%)+ social media popularity (15%)+ market research (15%)+ Bitcoin’s share in the overall market (10%)+ Google hot word analysis (10%).
