WLFI’s token portfolio currently has a floating loss of $87.83 million
According to on-chain analyst @ai_9684xtpa monitoring, the token investment portfolio of the Trump family's encrypted project WLFI has accumulated a total floating loss of 87.83 million US dollars. As the market once again pulls back, all tokens held by WLFI are currently in a floating loss state, with Ethereum (ETH) suffering the most severe losses, reaching 67.02 million US dollars, accounting for 76% of the total floating loss amount. In addition, WLFI has not added any tokens for 13 consecutive days.
CertiK: Total losses in the cryptocurrency industry in February exceeded 1.53 billion, a record high
According to data from Web3.0 security organization CertiK, the cryptocurrency industry lost as much as $1.53 billion in February 2025, with the $1.4 billion attack launched by the North Korean Lazarus group against Bybit becoming the largest-scale cryptocurrency hacking event in history, accounting for 91% of total losses that month. Excluding the Bybit incident, losses in February still reached $126 million, an increase of 28.5% from January. Other major events included stablecoin payment company Infini losing $49 million due to suspected administrator permission vulnerabilities, and the ZkLend protocol being hacked for $10 million. CertiK pointed out that the main causes of losses this month were wallet leaks, code vulnerabilities ($20 million), and phishing attacks ($1.8 million).
About $102 million USDT transferred from Binance to an unknown wallet
On March 5th, according to Whale Alert monitoring, 101,913,695 USDT (about $102 million) was transferred from Binance to an unknown wallet at 15:37.
Whales Accumulate Over 420 Million ADA Following US Strategic Crypto Reserve Announcement
According to on-chain analyst @ali_charts monitoring, whales have accumulated over 420 million ADA after the announcement of the strategic cryptocurrency reserve in the United States.
Jupiter Meow: Still don't know why the X account was stolen, but it seems to be different from the Pumpfun account attack
Jupiter Meow posted on X platform, saying that it is still unknown why X account was stolen. Strong/unique passwords and 2FA were set up, all devices were also nearby, only two applications were connected, even if it was a SIM Swap attack, a password input is required. Even after deleting other sessions, the attacker still posted again (possibly done before). Fortunately, the fraudulent tweet was only posted for a minute, and the reason for the attack on the X account is still unknown. Jupiter and Pumpfun's X accounts have also been attacked before, but that was a complete account takeover, without any notification, this time it feels like a session takeover.
Coinbase may merge with traditional exchanges, ICE may be a potential target
Last week, Trump announced that Bitcoin, Ethereum, XRP, Solana, and Cardano will be included in the US strategic reserves of cryptocurrencies. Wall Street has begun to pay attention to Coinbase and mainstream US stock exchanges. Analysis believes that if Coinbase can merge with traditional exchanges, it will be able to create a company that is both professionally knowledgeable and influential in the industry, thereby dominating the current fragmented cryptocurrency market. The ability of large US exchanges to make this deal happen, it is rumored that Intercontinental Exchange (ICE) may be a potential target. The exchange has a market value of up to $100 billion, with a P/E ratio of 36. Its CEO Jeffrey Sprecher's wife, Kelly Loeffler, is a member of the Trump administration. If large investors push for a top exchange to acquire Coinbase, the new company will be able to maximize investment returns as cryptocurrencies gradually move from the financial frontier to mainstream.
Binance will open RED spot trading at 21:00 on March 6
Binance will end RedStone (RED) pre-trading at 17:00 on March 6, 2025 (Beijing time) and officially open five spot trading pairs RED/BTC, RED/USDT, RED/USDC, RED/FDUSD, and RED/TRY on the same day at 21:00, and add seed tags.
AAVE breaks above $220
The market shows AAVE broke through $220, now at $220.07, with a 24-hour increase of 26.22%. The market is volatile, please manage risks.
More than 95.25 million XRP were transferred from OKX to an unknown wallet, worth about $236 million
According to Whale Alert monitoring, 95,254,697 XRP (approximately $236 million) was transferred from the cryptocurrency exchange OKX to an unknown wallet at 16:37.
Ninety Eight announces layoffs, more than 20% of employees affected
Ninety Eight (formerly Coin98 Finance) founder Thanh Le announced layoffs, with over 20% of employees affected. In addition, the company will focus its resources on core products, with the Coin98 wallet being a top priority.
Whales bought 180 million DOGE in the past 24 hours
According to on-chain analyst @ali_charts monitoring, whales bought another 180 million DOGE in the past 24 hours.
The New York Times: Trump himself may be the winner of the crypto strategic reserve
According to an analysis by The New York Times, Trump himself or his family's cryptocurrency projects have spent millions of dollars buying cryptocurrencies, and some of these tokens may be included in the US strategic reserves. Cornell University economist Eswar Prasad added, "Trump's cryptocurrency strategic reserves are not rational or strategic, they are just good news for Bitcoin holders at this stage, but definitely a bad thing for taxpayers."
Japanese Investment Firm Metaplanet Buys $44 Million Worth of Bitcoin, Stock Jumps 19%
Japanese investment firm Metaplanet has purchased an additional $44 million worth of Bitcoin, resulting in a 19% increase in its stock price for the day. Metaplanet CEO Simon Gerovich revealed in a post on March 5 that the firm acquired 497 Bitcoin at an average price of $88,448 per coin, totaling $43.9 million. The company now holds a total of 2,888 BTC with an average purchase price of $84,240 per coin, valued at around $251 million. Despite a recent 8.5% drop in Bitcoin's price, Metaplanet's stock on the Tokyo Stock Exchange rose by 19% on March 5, trading at approximately 3,985 Japanese yen ($26.60). This marks Metaplanet's second Bitcoin purchase this week, with plans to accumulate 21,000 BTC by 2026 as part of its strategy to lead Japan's Bitcoin renaissance.
Circle CEO: US dollar stablecoin can expand the United States' influence around the world
According to FOX Business, as the first White House cryptocurrency summit in history is set to take place later this week, investors are focusing on any policy developments regarding cryptocurrency reserves. Circle, the stablecoin issuer, co-founder and CEO Jeremy Allaire is confident about the future of digital currencies, believing it will become a "superpower" and bring "profound" impact. "The US dollar stablecoin can expand America's influence globally," Jeremy Allaire said.
Foundation Capital launches $600 million new fund to invest in AI, crypto and other fields
Foundation Capital announced the launch of its 11th flagship fund with a size of $600 million, aimed at investing in the fields of artificial intelligence, financial technology, and cryptocurrency. It is reported that Foundation Capital is an investor in AI chip company Cerebras and also the first institutional investor in blockchain platform Solana. The new fund is expected to not adopt a multi-stage, multi-region, multi-strategy approach, but rather continue to focus on finding investment opportunities in the early stages.
Initia's official X account posted "March.", possibly hinting at the upcoming TGE in March
On March 5th, Initia's official X account posted "March.", hinting at a possible TGE in March.
CZ releases Trust Wallet upgrade: Bitcoin Swap upgrade, CA search support, etc.
Binance co-founder CZ disclosed the upgrade of Trust Wallet on X platform, mainly including: support for XRP Ledger and Snoic blockchain, upgrade of Bitcoin Swap, ETH hardware wallet, and CA search. In addition, CZ also revealed that the current download volume of Trust Wallet has reached 197 million times.
izebel.eth recently bought AAVE, MKR and other tokens, with a total value of approximately US$9.2 million
According to Lookonchain monitoring, izebel.eth (@izebel_eth) recently bought 20,000 AAVE tokens ($4.25 million), 2,000 MKR tokens ($2.75 million), 3 million ENA tokens ($1.1 million), 80 million OX tokens ($741,000), and 200,000 MORPHO tokens ($354,000).
Stables Labs’ stablecoin sUSDX is now available on Pendle, with up to 15% APR and S Points
According to official sources, Stables Labs stablecoin sUSDX has been listed on Pendle, offering up to 15% APR and S points.
Crypto 'Godfather' Adam Iza's ex-girlfriend pleads guilty to $2.6 million tax fraud
According to Decrypt, Iris Ramaya Au, the former girlfriend of cryptocurrency entrepreneur Adam Iza, nicknamed "The Godfather," has agreed to plead guilty and admit to federal tax fraud charges. Au admitted to not reporting over $2.6 million in illegal income to the Internal Revenue Service between 2020 and 2023. She used shell companies and illegal funds to maintain a luxurious lifestyle for herself and Iza, including purchasing luxury cars, real estate, and cryptocurrency. According to the statement from the United States Attorney's Office for the Central District of California, Au now faces up to 3 years in federal prison.