1.Bybit CEO: all withdrawals have been processed and a full incident report and security measures will be released in the next few days
Ben Zhou, chief executive of Bybit, said it had been 12 hours since the worst hacker attack in history. All withdrawals have been processed. The withdrawal system has now fully returned to normal speed, and users can withdraw any amount without any delay. Bybit will release a full incident report and security measures in the next few days. Ben Zhou will also personally inform you of any new updates. Thanks to all our customers, friends and partners who helped and supported us during this difficult 12 hours.
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2.mETH Protocol rescued 15000 cmETH from Bybit Exploiter 4 with administrative privileges.
METH Protocol, supported by Mantle, rescued 15000 cmETH from Bybit Exploiter 4 with administrative privileges, worth about $42.76 million. Earlier, mETH Protocol said that cmEH withdrawals had been resumed. Bybit hackers had previously tried to unpledge 15000 cmETH pledges, but the transaction was rolled back by withdrawal contracts and later authorized trading rights to cmETH at DODO, but may not take further action due to lack of liquidity. 15000 cmETH were later transferred out by Mantle: Deployer 1.
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3. Five institutions / individuals have provided a total of 120000 ETH loans to Bybit.
Five institutions / individuals have provided Bybit with loan support for a total of 120000 ETH (about US $321 million). Bitget:40000 ETH (approximately $106 million); institution / whale withdrawing from currency: 11800 ETH (approximately $31.02 million); MEXC:12652 stETH (approximately $33.75 million); currency or another institution / whale withdrawing from currency: 36000 ETH (approximately $96.54 million); 0x327…45b address: 20000 ETH (approximately $53.7 million).
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4.Kanye: the official Meme will be launched next week, and the current market is full of counterfeit money.
Well-known trend artist Ye (Kanye West) tweeted that all Ye-related Meme on the market is fake and will launch its own Meme currency next week.
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5. Myanmar’s supreme leader Min Aung Lai’s official Twitter is suspected to have been stolen and posted a large number of memecoin.
The official Twitter of Myanmar’s supreme leader and acting President Min Aung Lai is suspected to have been stolen and is posting a large number of memecoin CA, users should be careful. The account has been marked as verified by Twitter because it is a government or multilateral organization account.
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6.GuShiio.com week selection: 20 states promote bitcoin strategic reserves, SEC will admit pledge, currency security refutes rumors of sale rumors and news Top10
This week’s news Top10
1. Trump: we want to be at the forefront of all fields, and cryptocurrency is one of them, link.
& ldquo; Bitcoin has hit several record highs because everyone knows that I am committed to making the United States the capital of cryptocurrencies, Trump said at a meeting of the Future Investment Initiative Institute in Miami on Wednesday. & rdquo; he added: & ldquo; We want to be at the forefront of everything, one of which is the cryptocurrency, and Miami seems to be the center of action. If you think about it, maybe it will always be there. & rdquo; Trump also mentioned his executive order to keep America & ldquo; at the forefront of artificial intelligence and end Biden’s war between bitcoin and cryptocurrency & rdquo;.
two。 Howard Lutnick, who supports cryptocurrency, is appointed U.S. Secretary of Commerce link.
Howard Lutnick, which supports cryptocurrency, has been confirmed by the US Senate and will become US Secretary of Commerce. It is reported that Lutnick, which holds hundreds of millions of dollars worth of bitcoin assets, will be responsible for promoting the Ministry of Commerce’s new cryptocurrency and tariff policies. In addition, he will lead Trump’s new executive order to set up the US government’s sovereign wealth fund.
3. SoSoValue: 20 states in the United States have promoted bitcoin strategic reserve legislation link
According to SoSovalue statistics, as of Thursday, 20 state administrative regions in the United States are starting the relevant legislative process, of which 15 state bills have been formally accepted by the House and entered the committee stage to form operational draft laws. The Bitcoin Strategic Reserve Act is forming a wave of regional legislation in the United States. In Utah, for example, HB0230 will allow the state’s four public funds (namely, the state disaster recovery restricted account, the general fund budget reserve account, the income tax fund budget reserve account, and the Medicaid growth reduction and budget stabilization account) to invest up to 5 per cent of their total assets in bitcoin. According to the 2024 Utah Financial report, this implies a potential purchasing power of more than $70 million.
4. Institutional investors significantly increase their positions in Bitcoin ETF by US $38.7 billion link
In the fourth quarter of 2024, large institutions such as pension funds and hedge funds tripled their holdings of spot bitcoin exchange-traded funds (ETF) to $38.7 billion, up from $12.4 billion in the previous quarter, according to the Securities and Exchange Commission (SEC) 13F report. Eric Balchunas, a senior ETF analyst at Bloomberg Intelligence, said that IBIT currently has 1100 institutional holdings, and the new ETF usually has a small number of institutional holders in the first year.
5. Vitalik: eTaifang has both bitcoin and world computer thinking link
Vitalik responded to the question of whether ldquo; ethernet is closer to the existence of bitcoin or the existence of the world’s computers & rdquo; said the two ways of thinking are compatible. He stressed that abandoning decentralization and resilience to pursue TPS was a big mistake, as decentralization and resilience were essential to making a digital currency of long-term value and to the world’s computers. Vitalik said that the relationship and balance between L1 and L2 is a problem at the executive level. It is necessary to strengthen L1 capabilities, improve interoperability across L2, and increase blobs. He also mentioned that & ldquo; decentralization & rdquo; does not mean that & ldquo; does nothing & rdquo;, but through the foundation’s ldquo; subtraction philosophy & rdquo; to solve the ecological imbalance.
6. Source: us SEC shows strong interest in pledge link
Fox Business’s Eleanor Terrett tweeted that sources revealed that the Securities and Exchange Commission (SEC) showed a strong interest in staking and even asked the industry to provide memos on different types of pledges and their benefits. The source expects SEC to issue guidance on the pledge soon. Last week, staff from SEC’s trading and marketing department participated in a pledge webinar held with industry participants.
Nate Geraci, president of The ETF Store, tweeted on Thursday that SEC had acknowledged the 19b-4 file submitted by Cboe, which sought to approve the pledge function in 21Shares Core Ethereum ETF.
7. Invest Hong Kong acknowledges that BTC ETH can be used as an investment immigrant asset valuation link
With regard to the fact that previously investment immigrants could use BTC ETH for asset valuation, King Leung, head of invest Hong Kong, said that any asset (such as BTC, ETH, a painting) could be included in the net asset assessment, provided that CPA practising in Hong Kong signed a written asset assessment report. The valuation report generally contains the following information: valuation date, basic information of the asset (which may include the description and status of the asset), valuation basis / method, recent transaction data of comparable pieces / projects, and related photos.
8. Several cryptocurrency exchanges plan to launch their own stable currency link
As new European rules require cryptographic service providers to remove unlicensed stable coins, Kraken is exploring developing its own stable currency, which it plans to link to the US dollar and issued by Kraken’s Irish subsidiary. Although the development of this stable currency is still in its infancy, Kraken has announced that it will convert non-compliant currencies on the European platform into equivalent stable currencies by March 31. At the same time, Crypto com plans to launch its own stable currency in the third quarter of 2025 and introduce it to the European market.
9. What response & ldquo; currency Security will be sold & rdquo; rumors: it is a competitor’s public relations strategy and does not rule out the introduction of partner link
He Yi said that with the price of Bitcoin reaching a record high, the trading platform has been recognized as an ecologically validated business model. Qian’an will discuss investment and cooperation every month, does not rule out the introduction of strategic partners, and is also open to mergers and acquisitions. if there are other trading platforms with sale plans, welcome to contact. CZ responded & ldquo; for sale & rdquo; rumors that an Asian competitor was spreading FUD and stressed that it was not sold as a shareholder. However, CZ also said that top investors have always been interested in Qian an and may allow single-digit investments in the future.
10. Mile responded to the LIBRA incident: sharing information out of goodwill, did not promote link
‘i didn’t promote it, I just shared it, ‘Mr. Mile said in a television interview.’ I acted in good faith, but I was hit; & did the ldquo; Argentines lose money? Maybe four or five at the most. The vast majority of investors are Chinese and American-the rdquo;;44000 were affected by the wrong & mdash; & mdash; only 5000 people at most. The possibility of Argentine participation is very small. These people are highly specialized individuals of this financial instrument, and those involved know a lot about risk & mdash; & mdash;. They are volatility traders. This is a private matter between individuals, and they participate voluntarily; I did not make any mistakes because I was well-intentioned, and unfortunately, this situation tells me that I need to improve my screening ability so as not to make myself so accessible.
Argentine lawyers filed fraud charges against President Milei in criminal court on Sunday, accusing him of promoting LIBRA tokens on social media. The plaintiff believes that the event constitutes a ldquo;rug pull” operation in the field of encryption and points out that Milei’s action played a vital role in this process. Lawyer Jonatan Baldiviezo signed the petition with Marcos Zelaya, engineer Marían Eva Koutsovitis and economist Claudio Lozano, who served as governor of the Central Bank of Argentina during the administration of former President Alberto Fernández. The criminal justice department is expected to appoint a judge to handle the case or refer it to prosecutors for further investigation on Monday.
Key financing events
Stable currency liquidity provider Mansa completes $10 million seed round financing, Tether leads investment in link
Cross-chain Asset Packaging Agreement Universal completes a $9 million financing link led by a16z
Cygnus announces completion of $20 million pre-seed financing link
The founder of Curve launched a new project, Yield Basis, and raised $5 million to finance link
Altius Labs Announces completion of US $1100 Pre-Seed Round financing link
Encryption and security company Blockaid completes round B financing link with US $5000
Encryption AI research company Frodobots Lab completes $8 million seed round financing link
Maestro announces the successful completion of a $3 million seed round financing link
Fluent Labs, developer of blockchain, completes US $8 million financing link
Bitcoin pledge platform Acre completes US $4 million financing link
Infinity Ground announces completion of $2 million seed round financing link
Gate io announces that it has completed its strategic investment in DEXX, a chain trading platform, link
For more industry financing events, see crypto-fundraising.info.