Infini: Currently, the funds are stored in the Cobo Custodian Wallet, and the Earn income distribution will be suspended
On February 25th, Infini released the latest news on funding and operations on the X platform, revealing that Infini's funds are currently stored in the Cobo Custodian Wallet. All functions of the Infini Card (transfer, deposit, withdrawal, and payment) can be fully operational. The team is working hard to ensure the highest security of the Infini Earn function, a process that is expected to take 3-4 weeks. During this period, profit distribution will be paused, and information will be updated as soon as Infini's earnings resume.
2025-02-26 09:05:05
Bitcoin Depot increases holdings by 11 Bitcoins
the US Bitcoin ATM operator and financial technology company Bitcoin Depot (NASDAQ: BTM) announced the purchase of 11.1 bitcoins as part of its reserves. This acquisition follows the company's purchase of 51 bitcoins earlier this month, bringing its total reserves to 82.6 BTC. This purchase is in line with Bitcoin Depot's reserve strategy announced in June 2024.
2025-02-26 09:05:05
House Republicans Vote on Spending Plan with Medicaid Cuts Concerns
House Republicans are preparing to vote on a spending blueprint that could kickstart President Donald Trump's policy agenda, but concerns about potential Medicaid cuts nearing $1 trillion have caused unease among some Republicans, jeopardizing the plan's approval. The proposed spending plan for fiscal year 2025 includes approximately $800 billion in Medicaid cuts over the next ten years, as part of a larger $2 trillion in overall spending reductions to offset $4.5 trillion in tax cuts and increased defense and border spending. While the resolution does not explicitly state Medicaid cuts, lawmakers are doubtful that the required $880 billion in cuts can be achieved without reducing Medicaid spending. Moderate Republicans in vulnerable districts and those with high Medicaid populations have voiced opposition to any cuts in Medicaid spending.
2025-02-26 09:05:02
Bybit has launched the Lazarus hacker group bounty website
Bybit CEO Ben Zhou posted on social media, saying, "The Lazarus hacker group's bounty website has been launched to display transparent data on Lazarus money laundering activities."
2025-02-26 09:04:59
Upbit: Claim that 30,000 fake IDs passed KYC system is not true
Upbit clarified some information about being regulated, stating that the claim of 30,000 fake identity documents (including hand-drawn IDs) passing the "Know Your Customer" (KYC) system is not true. Upbit conducts KYC through several additional procedures, including identity verification. If a member's ID documents are insufficient, they will be asked to resubmit.
2025-02-26 09:04:57
Bybit CEO calls out to eXch: Freeze Lazarus funds to earn 5% commission, stand on the side of the good guys
Bybit co-founder and CEO Ben Zhou posted on X platform "calling out" eXch executive Sarah Nugent, stating: "By freezing Lazarus' funds, you can earn a 5% commission... this is much more than what you earn by helping with money laundering... stand on the side of the good guys."
2025-02-26 09:04:55
CZ will participate in the community AMA event held by Vana at 8 pm tomorrow
CZ confirmed on social media that he will participate in the community AMA event at 8 pm tomorrow hosted by Vana.
2025-02-25 18:02:35
Safe: Wallet services on the Ethereum mainnet have been restored in phases
wallet service Safe{Wallet} has released a service update, announcing that its team has started to gradually restore wallet services on the Ethereum mainnet, and is expected to support more networks tomorrow. It is reported that Safe has stopped multi-signature services for several days. Since most project teams do not have their own independent multi-signature services, if there is a strategy that relies on multi-signature, it is estimated that it will not be able to replenish or adjust positions in the current market.
2025-02-25 18:02:33
IntoTheBlock: About 12% of Bitcoin addresses are losing money
IntoTheBlock on platform X stated that with Bitcoin briefly falling below $90,000, approximately 12% of Bitcoin addresses are in a loss state. This is the highest unrealized loss percentage since October 2024.
2025-02-25 17:03:40
Infini founder responds to $50 million funding gap: I will pay $25 million to solve withdrawal needs
On February 25th, according to Infini founder Christian's post on platform X in response to the community's concern about how to solve the "50 million US dollars stolen fund gap", he said: "Currently, we are conducting a compliant USD OTC of 20 million US dollars, which should be credited by the weekend, plus the existing 5 million US dollars in the custody wallet, which is enough to meet all withdrawal demands and more. The remaining approximately 20 million US dollars of funds are from family, elders, and friends who have already communicated and will be resolved directly through the chain."
2025-02-25 17:03:38
Bybit once again returns a whale’s 47,800 ETH loan
according to Ember monitoring, 20 minutes ago, Bybit returned 47,800 ETH supported by {institutions/whales} withdrawn from Binance.
2025-02-25 17:03:36
Bitget CEO: Received 40,000 ETH loan from Bybit
On February 25th, Bitget CEO Gracy Chen announced that Bitget has lent 40,000 ETH to Bybit, with no interest and no collateral assets. This is just to support peers in need. We are happy to see Bybit fully recovered, and we have never worried about not being able to recover this loan.
2025-02-25 17:03:35
Metaplanet increased its holdings by 135 bitcoins, bringing its total holdings to 2,235 bitcoins
according to Metaplanet's announcement, the company has increased its holdings by 135 bitcoins in the past 5 days, bringing its total holdings from 2100 bitcoins to 2235 bitcoins.
2025-02-25 17:03:33
Megabit will officially launch SHELL/USDT perpetual contract at 18:00 today
On February 25th, according to official sources, Megabit will officially launch SHELL/USDT perpetual contract trading with leverage from 1 to 75 at 18:00 (SGT) on February 25th.
2025-02-25 17:03:31
A whale lost about $8.84 million on Hyperliquid's long Bitcoin
according to Lookonchain monitoring, as the price of Bitcoin fell below $90,000, a whale user who went long on Bitcoin on the Hyperliquid platform appeared to have a floating loss of about $8.84 million. The user went long on Bitcoin two months ago at a price of $101,663 and has since earned $2.16 million in funding fees.
2025-02-25 17:03:28
ETH breaks through $2,500
market shows ETH breaking through $2500, currently reporting $2500.1, with a 24-hour decline of 10.39%. The market is volatile, please manage risks.
2025-02-25 14:33:54
Data: Meme coin SBF rose 3440% in the past hour
according to GMGN market data, the Meme coin SBF briefly rose to 0.0022 USDT, now trading at 0.0011 USDT, a 2409% increase in the past 1 hour.
2025-02-25 14:33:52
BTC falls below $92,000
market shows BTC falling below $92,000, currently trading at $91,988, with a 24-hour decline of 4.3%. The market is fluctuating significantly, please manage risk accordingly.
2025-02-25 14:33:50
SOL falls below $140
the market shows SOL falling below $140, now trading at $139.95, with a 24-hour decline of 14.79%. The market is volatile, please manage your risks.
2025-02-25 14:33:49
Bybit hacked, largest financial theft in history
according to Arkham, Bybit was hacked in the largest financial theft case in history. On February 21, 2025, the cryptocurrency trading platform Bybit was hacked and lost $1.4 billion. The previous largest financial theft case was on March 18, 2003, when the Central Bank of Iraq was stolen $1 billion.
2025-02-25 14:33:48