Today's Headlines:
- Bitcoin price breaks through $65,000
- Hong Kong SFC warns the public to beware of fake websites impersonating licensed virtual asset trading platforms
- Korea's Personal Information Protection Commission launches investigation into Worldcoin
- Bitcoin network just mined an empty block at block height 833061
- Attestor Limited holds about $394 million in FTX debt, the largest position among distressed debtors
- The market value of stablecoin USDT is close to $100 billion, currently reported at $99.775 billion
- Ark Invest sold about $45 million worth of Coinbase stock last week
- BitDeer announces testing of 4nm Bitcoin mining chip SEAL01, with an energy efficiency ratio of 18.1 J/TH
Regulatory News
Hong Kong SFC warns the public to beware of fake websites impersonating licensed virtual asset trading platforms The Securities and Futures Commission (SFC) of Hong Kong today warned the public to beware of fake websites impersonating licensed virtual asset trading platforms. This includes counterfeit Hash Blockchain Limited's HSKEX, operating websites such as www.hskexpro.com, and impersonating OSL Digital Securities Limited's www.oslexu.com and www.oslint.com. After receiving reports of withdrawal difficulties, the SFC has listed these websites on the alert list for suspicious platforms and pointed out that victims were asked to pay high fees and taxes. The Hong Kong police have blocked these websites at the request of the SFC. The SFC reminds the public to verify the legitimacy of the platform before trading and recommends checking the information of licensed entities through the SFC's public register.
US judge makes default judgment against former Coinbase insiders, stating that secondary market sales constitute securities trading A US judge made a default judgment against former Coinbase insiders, stating that certain cryptocurrency asset transactions on the secondary market constitute securities trading. This case involves Coinbase's former product manager Ishan Wahi, his brother Nikhil Wahi, and their friend Sameer Ramani, in the first insider trading case in the cryptocurrency market. The SEC reached a settlement with Ishan Wahi and Nikhil Wahi in May 2023. This judgment holds additional significance as both the cryptocurrency industry and Coinbase assert that cryptocurrencies are not securities. SEC Chairman Gary Gensler has repeatedly stated that most cryptocurrencies meet the definition of securities and that cryptocurrency exchanges need to register with the SEC.
Korea's Personal Information Protection Commission launches investigation into Worldcoin The Personal Information Protection Commission of Korea announced an investigation into Worldcoin due to privacy concerns arising from the project's collection of sensitive information. The investigation will focus on Worldcoin's practices of collecting, processing, and potentially transferring sensitive personal information across borders, and will take action upon discovering any violations of local privacy rules.
Project Updates
Attestor Limited holds about $394 million in FTX debt, the largest position among distressed debtors According to Bloomberg, based on a document submitted to a US court, London-based distressed debt specialist Attestor Limited held about $394 million in FTX debt as of the end of January. This is the largest position among distressed debt investors. Other creditors include Baupost Group, Farallon Capital, and Oaktree Capital. According to pricing data from Cherokee Acquisition, Attestor has been purchasing FTX debt since at least March 2023, when the price was approximately 20% of face value.
Multiple transactions of tens of millions of DOGE tokens transferred between Coinbase and unknown wallets Whale Alert monitoring shows that at 8:47 Beijing time, four transactions of over 34 million DOGE tokens each were transferred to Coinbase, and at 8:50 Beijing time, 60 million DOGE tokens were transferred from Coinbase to an unknown wallet address.
Binance to open OM/TRY, PEPE/FDUSD, UNI/FDUSD and other spot trading pairs on March 5 Binance will open trading pairs for OM/TRY, PEPE/FDUSD, PIXEL/USDC, STRK/USDC, THETA/TRY, and UNI/FDUSD on March 5, 2024, at 16:00 (Beijing time).
Bitcoin network just mined an empty block at block height 833061 The latest Mempool data shows that at Bitcoin block height 833061, an empty block was mined, containing only one transaction for the Coinbase block reward. This occurred within 7 seconds of the previous block.
Bitcoin Cats: Bitcoin L2 network 1CAT Chain mainnet planned to launch at the end of March, users can now earn points The Bitcoin chain game project Bitcoin Cats announced on X platform that the Bitcoin L2 network 1CAT Chain mainnet is planned to launch at the end of March, and the early bird program is now live. Bitcoin Cats has partnered with dozens of projects in the 1Cat Chain ecosystem. Users can now earn points and prepare for airdrops, whitelists, and free minting opportunities.
Ways to earn points include:
- Earn TVL points by linking your wallet, with 1 point earned for every $1 in assets.
- Earn points by bridging 1CAT, with 0.1 point earned for staking 1CAT token, and they will automatically bridge after the mainnet launches.
- Connect your BTC wallet to earn bitcoinats NFT holding points.
- Follow on Twitter.
- Referral rewards.
Point rewards have a 5-level system, and by meeting the requirements for each level, you can increase the point multiplier.
It is reported that 1CAT Chain is an EVM-compatible Bitcoin L2 network aimed at building a decentralized entertainment ecosystem centered around meme culture.
Binance Web3 Wallet Completes Blast Network Integration
According to the official announcement, the Binance Web3 Wallet has completed the integration of the Blast network, which is an Ethereum Layer 2 scaling solution that provides built-in yield for Ethereum and stablecoins. Users can now use the Binance Web3 Wallet to transfer tokens with the Blast network and access various dApps on the network.
Mining News
According to Bitdeer's official Twitter, BitDeer, a Bitcoin mining company founded by Wu Jihan and headquartered in Singapore, has successfully designed a Bitcoin mining chip, SEAL01. The chip is designed with advanced 4nm process technology from a leading semiconductor manufacturer. In testing, the chip achieved an outstanding energy efficiency ratio of 18.1 J/TH. The SEAL01 chip provides enhanced Bitcoin mining performance with minimal power consumption, thereby reducing operating costs and the environmental footprint of miners. The SEAL01 chip will be seamlessly integrated into the upcoming mining device, SEALMINER A1.
Important Data
Data: Tokens Worth Nearly $15 Million to Unlock This Week
Token Unlocks data shows that this week, tokens including HFT, GAL, and LQTY will undergo one-time large unlocks, releasing a total value of $14.98 million. Details include:
- GAL (Galxe) will unlock 2.03 million OP tokens worth approximately $6.98 million, accounting for 2.26% of the circulating supply, on March 5 at 8:00 AM.
- LQTY (Liquity) will unlock 657,000 tokens worth approximately $1.16 million, accounting for 0.69% of the circulating supply, on March 5 at 8:00 AM.
- HFT (Hashflow) will unlock 13.62 million tokens worth approximately $6.47 million, accounting for 3.77% of the circulating supply, on March 7 at 8:00 AM.
WhaleAlert monitoring shows that between 15:25 and 15:35 Beijing time today, 9,963 Ethereum (ETH) tokens worth approximately $34.57 million, 85,263,005 Tether (USDT) tokens worth approximately $85.28 million, and 79,236,993 Tether (USDT) tokens worth approximately $79.25 million were transferred from the MEXC exchange to unknown wallet addresses.
Ethereum Foundation Associated Address Transfers 500 ETH to Cumberland DRW 10 Hours Ago
The Ethereum Foundation associated address 0xa04…ab1ca transferred 500 ETH to Cumberland DRW 10 hours ago, with the transaction value reaching $1.74 million. This address has a long history, having received 47,814 ETH from the Ethereum Foundation as early as November 8, 2015, when the price of ETH was only $1.03. From August 7, 2020, to March 3, 2024, the address accumulated 21,400 ETH in recharges to Cumberland and Kraken.
Bitcoin NFT Series NodeMonkes Records Sales of Approximately $11.78 Million in the Past 24 Hours
Cryptoslam data shows that the trading volume of the Bitcoin NFT series in the past 24 hours was approximately $34 million. Among them, NodeMonkes had the highest trading volume today, with sales of approximately $11.78 million in the past 24 hours, setting a new record.
According to Lookonchain monitoring, an early PEPE investor spent $3,000 to purchase 49 trillion PEPE (currently worth approximately $35.5 million). They sold 76 billion PEPE (worth approximately $2 million) and currently hold 41.5 trillion PEPE (worth approximately $30.8 million), making them the 13th largest holder of PEPE on-chain. Their total profit from PEPE is approximately $32.8 million, with a return of 11,077 times.
Market: BTC Price Touches $65,000/coin
According to the Euro-OKX market, the price of BTC has touched $65,000, currently at $64,881 per coin, with an intraday increase of approximately 4.45%.
As of 18:30 Beijing time, the price of Bitcoin is $65,088.65, with a 24-hour high of $65,555.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
