Joey Krug, a partner at the venture capital firm Founders Fund, revealed at the ETHDenver conference that the U.S. Securities and Exchange Commission (SEC), under former chairman Gary Gensler, had forced decentralized finance (DeFi) platform founders to commit to never again engaging in the cryptocurrency industry through settlement agreements.

According to the interim report released by Bybit (provided by Sygnia) on the $1.5 billion theft incident, the theft was caused by a Safe infrastructure vulnerability, and there were no abnormalities in Bybit's related infrastructure.

On February 28th, Bluefin announced that it has acquired the majority of the equity of InsideX, the online trading terminal of Sui Chain. InsideX is an integrated trading terminal on the Sui Network, providing multifunctional trading tools.

The cryptocurrency and AI company Olas has launched a decentralized platform called Mech Marketplace, which allows AI agents to autonomously hire other AI agents to assist in specific tasks. The platform aims to facilitate specialized collaboration between different AI agents, addressing the limitations of individual AI agents being unable to complete all tasks.

The market shows BTC breaking through $88,000, now at $88,008.4, with a 24-hour increase of 1.35%. The market is fluctuating greatly, please manage risk control.

according to Trader T monitoring, IBIT net outflow was 4.2056 billion US dollars yesterday, setting a record for the largest single-day net outflow since its listing, with a trading volume of 42 billion US dollars.

On April 2nd, news came that Elon Musk's X platform is urging the U.S. Supreme Court to protect companies from being forced to disclose sensitive user financial data by federal law enforcement agencies without "reasonable suspicion". The X platform is requesting the judge to review the lower court's decision, which allows the IRS to enforce a subpoena for Coinbase customer transaction records in a tax investigation involving over 14,000 users of the cryptocurrency exchange.

Beth Hammack, a hawkish official of the Federal Reserve and president of the Cleveland Fed, stated that interest rates are not "significantly restrictive" and should remain stable for a period of time as officials wait for evidence of inflation returning to the 2% target.

The US stock market opened, the Dow fell 0.03%, the S&P 500 index rose 0.32%, the Nasdaq rose 0.4%, Strategy fell 1.53%, and Coinbase rose slightly by 0.071%.

Bybit co-founder and CEO Ben Zhou released a hacker forensics report on X platform provided by Sygnia and Verichains, revealing that malicious code was deployed on February 19th at 15:29:25 UTC, specifically targeting Bybit's Ethereum multi-signature cold wallet.

according to Spot On Chain monitoring, a whale has just deposited 29,000 AAVE (4.75 million US dollars) into FalconX again. In the past 17 hours, a total of 59,001 AAVE (9.76 million US dollars) have been deposited, with an average price of 165.5 US dollars.

According to the official announcement of Base, Base has launched multiple new technologies aimed at improving on-chain transaction speed, scalability, and user experience. Among them, the Flashblocks technology has been launched on the Base Sepolia testnet, reducing block confirmation time from 2 seconds to 200 milliseconds, making it the fastest EVM chain.

Dennis Porter, co-founder of Satoshi Action Fund (SAF), tweeted that committees in seven states in the United States have already reviewed the Strategic Bitcoin Reserve Bill, and the legislative process is advancing.

Julio Moreno, the research director of CryptoQuant, posted on social media that it cannot be said that the price of Bitcoin has bottomed out now, as all valuation indicators have entered the adjustment range, and this process may require more time.

According to PeckShield monitoring, a certain address was liquidated for 844.23 WETH (approximately $1.96 million) when WETH fell below about $2300.

Uniswap Labs has launched a native fiat off-ramp feature, allowing users to directly convert their crypto assets into fiat currency within the Uniswap wallet and deposit them into a bank account. This feature is implemented through integrations with Robinhood, MoonPay, and Transak, and will be expanded to the Uniswap browser extension and official website in the future. Users can exchange supported ERC-20 tokens for stablecoins such as USDC, ETH, and quickly withdraw them. Uniswap Labs stated that this feature covers over 180 countries, significantly improving the liquidity between crypto assets and fiat currency.

According to Arkham monitoring, about 30 minutes ago, Grayscale transferred 11,800.171 ETH worth $28.18 million from its Coinbase Prime Deposit address to Coinbase Prime hot wallet address.

SlowMist stated on X platform that the device of Safe developers was compromised, leading to malicious code being injected into the front end, intercepting and modifying transaction parameters. After a quick verification, it was found that there was indeed malicious code behind the js file of Safe front end, and the related address (0xbdd077f651ebe7f7b3ce16fe5f2b025be2969516) involved malicious execution contracts that took away 1.5 billion assets from ByBit.

Nate Geraci, President of The ETF Store, stated on social media that Grayscale has submitted an S-3 form, planning to register its Grayscale Digital Large Cap Fund as an Exchange Traded Fund (ETF). It holds BTC, ETH, XRP, SOL, and ADA. The New York Stock Exchange has previously submitted a 19b-4 application to list and trade this ETF. Still, it is believed that index-based cryptocurrency ETFs will be approved by the end of the year (if not earlier).

On February 28th, Ernst & Young (EY) Global Blockchain Leader Paul Brody expressed the view that tokenizing physical assets through blockchain can create daily, transparent price information for markets that traditionally have been limited to only a few asset classes, thereby redefining portfolio management. The emergence of tokenized assets will expand the range of investable assets, allowing investors to access asset classes and regions that have been overlooked due to scarce data or insufficient liquidity. For example, by tokenizing physical assets such as real estate in Thailand, oil leases in Nigeria, or New York taxi medallions, continuous and transparent price data can be generated, enabling these assets to be compared on equal terms with traditional assets such as U.S. stocks.