📣 Sam Bankman-Fried Asks Trump for Pardon in First Prison Interview

In his first interview from prison, Sam Bankman-Fried criticized the Biden administration and sought a pardon from President Trump. He reiterated FTX's solvency but blamed mishandling of its bankruptcy. Bankman-Fried also distanced himself from his past political views, now aligning more with the Republican Party. As FTX begins customer repayments, he insists there was no theft, only mismanagement, and is appealing for clemency.

📌Powered by V3V Ventures

❕ Ye to Launch YZY Token with 70% for Himself

Ye (formerly Kanye West) plans to launch the YZY token, with 70% of it reserved for himself. The token will bypass platforms like Shopify, serving as the official currency for his Yeezy brand. Despite controversy, the project mirrors other celebrity-driven crypto ventures, raising concerns about insider control and fan exploitation.

📌Powered by V3V Ventures

🔥 Stablecoin Inflows Signal Altcoin Rally Potential

Rising USDT and USDC supply is fueling speculation of an impending altcoin rally, with analysts viewing stablecoins as “dry powder” ready to re-enter the market. CryptoQuant CEO Ki Young Ju declared the start of an altcoin season, noting that stablecoin holders are favoring altcoins over Bitcoin. Altcoin trading volume now surpasses Bitcoin’s by 2.7 times, reinforcing the shift. Analysts highlight that stablecoin inflows often precede major market moves, and current trends suggest growing investor interest in altcoins.

📌Powered by V3V Ventures

‼️ Bybit Hacked: $1.46 Billion in ETH and stETH Stolen

Bybit has suffered a major security breach, with hackers draining $1.46 billion worth of ETH and stETH from its cold wallet. CEO Ben Zhou confirmed the attack, stating that other wallets remain secure and withdrawals are functioning normally. The stolen assets are being liquidated on decentralized exchanges, with around $200 million already sold. This marks one of the largest crypto hacks in history, surpassing past exploits like Mt. Gox and CoinCheck. ETH and BTC prices have dropped following the incident.

📌Powered by V3V Ventures

‼️ Lazarus Group Suspected in Bybit's $1.5 Billion Hack

Ethereum security experts believe North Korea’s Lazarus Group executed the largest crypto exchange hack in history, stealing over $1.5 billion from Bybit. The attack reportedly involved infecting multi-signature wallet signers' devices, tricking them into approving malicious transactions. Blockchain analysis shows that the stolen funds are being laundered through decentralized exchanges. Security researchers warn that these types of sophisticated attacks are becoming more frequent, with potential risks extending to other platforms.

📌Powered by V3V Ventures

📣 Arthur Hayes Suggests Ethereum Rollback to Recover Bybit’s Stolen $1.4B

BitMEX co-founder Arthur Hayes proposed rolling back the Ethereum network to reverse the Bybit hack, arguing that Ethereum had already abandoned immutability with the 2016 DAO hard fork. However, many in the community warn that such a move would disrupt DeFi, bridges, stablecoins, and the broader Ethereum ecosystem. While Hayes supports the idea, critics believe it could damage Ethereum’s credibility, forcing it to choose between decentralization and preventing bad actors from keeping $1.4 billion in stolen funds.

📌Powered by V3V Ventures

📣 Bybit CEO Calls Pi Network a Scam, Cites Police Warning

Bybit CEO Ben Zhou has labeled Pi Network a scam, referencing a 2023 Chinese police warning that accused the project of exploiting elderly users and leaking personal data. Zhou confirmed that Bybit will not list the PI token, which has already dropped over 60% since launch. Critics compare Pi Network’s referral system and token lock-up model to past Ponzi schemes like Bitconnect and Hex. Despite concerns, exchanges like OKX, Bitget, and Gate continue facilitating PI trading, with volumes surpassing $620 million.

📌Powered by V3V Ventures

⚡️ SEC Ends OpenSea Probe Amid Shifting Crypto Regulation

The U.S. SEC has officially closed its investigation into OpenSea, months after issuing a Wells Notice. This follows the agency’s recent decision to drop its lawsuit against Coinbase, signaling a potential regulatory shift under new leadership. OpenSea recently confirmed its SEA token airdrop, which will be available to U.S. users. The SEC’s softened stance suggests a broader pullback from aggressive enforcement, with Commissioner Hester Peirce now leading efforts to develop new industry guidelines.

📌Powered by V3V Ventures

📣 Franklin Templeton Files for Solana ETF With Staking Capabilities

Franklin Templeton has officially filed for a Solana ETF with staking, building on its earlier Solana Trust proposal from this month. Unlike previous staking ETF attempts that were withdrawn, changing political conditions may favor approval. The SEC’s Crypto Task Force has recently discussed ETP staking, signaling potential regulatory openness. If approved, the ETF could provide staking rewards and bring significant institutional interest to Solana.

📌Powered by V3V Ventures

⚡️ Binance Square Launches ‘Trader Profile’ for Verified Trading Insights

Binance Square has introduced a ‘Trader Profile’ feature, allowing users to verify and follow trusted traders. The tool provides insights into portfolio allocation, P&L trends, and trading styles while maintaining privacy. Binance Co-Founder Yi He emphasized transparency, revealing that her portfolio is 89% allocated to BNB. The feature aims to foster informed decision-making and enhance market discussions within the Binance community.

📌Powered by V3V Ventures

📣 Bybit Secures 80% of Stolen ETH Through Bridge Loan

Bybit CEO Ben Zhou confirmed that the exchange has secured almost 80% of the stolen ETH via a bridge loan from partners to ease liquidity concerns after the $1.4 billion hack. Zhou assured that all client withdrawals will be processed, even if under review, and clarified that Bybit will not buy ETH due to the scale of the loss. The firm is prioritizing liquidity management to stabilize operations during this critical period.

📌Powered by V3V Ventures

❕ Michael Saylor Urges U.S. to Buy 20% of Bitcoin Supply

MicroStrategy founder Michael Saylor has proposed that the U.S. government acquire 20% of Bitcoin’s supply, arguing it could strengthen the dollar and even pay off the national debt. Speaking at CPAC, he warned that if the U.S. doesn’t act, another nation could seize the opportunity. However, critics argue that such a move could undermine the dollar’s reserve currency status rather than strengthen it. The debate highlights Bitcoin’s growing role in global finance.

📌Powered by V3V Ventures

📣 Kanye West Confirms Plans to Launch His Own Crypto Next Week

Kanye West, now known as Ye, has denied any connection to the circulating YZY tokens and announced that he will launch his own cryptocurrency next week. His statement comes after previously distancing himself from digital assets, sparking mixed reactions in the crypto community. Reports suggest the token could be linked to his Yeezy brand, with speculation building around its potential structure and launch date.

📌Powered by V3V Ventures

📣 mETH Protocol Recovers $43M from Bybit Hack, Tether Freezes $181K

Mantle’s mETH Protocol successfully recovered 15,000 cmETH tokens ($43M) stolen in the $1.4B Bybit hack, thanks to its built-in withdrawal delay. The recovery effort was led by Mudit Gupta from Polygon and assisted by the SEAL security team. Meanwhile, Tether froze $181,000 USDT linked to the exploit. These early recoveries already exceed past Lazarus Group hack recoveries, such as Ronin Bridge.

📌Powered by V3V Ventures

⏬ Solana Faces Declining Activity Ahead of Major Token Unlock

Solana is experiencing a sharp drop in active addresses as the network struggles with bearish sentiment. The upcoming unlock of 11.2 million SOL ($1.4B) on March 1 is expected to heighten market volatility, raising concerns over price stability. SOL has already dropped 32% in the past month, with trading volume and transaction fees declining. Analysts warn that if bearish momentum continues, further downside could be ahead for the asset.

📌Powered by V3V Ventures

❕ Ethereum Community Rejects ‘Rollback’ Idea After Bybit Hack

Arthur Hayes suggested an Ethereum rollback to recover funds stolen in the $1.4 billion Bybit hack, but the proposal was met with strong opposition from the Ethereum community. Core developers argue that such a move would violate decentralization principles and is technically impossible due to Ethereum’s account-based model. While some pointed to the 2016 DAO fork as a precedent, it was an irregular state transition, not a rollback. The consensus remains clear—Ethereum will not reverse transactions to recover lost funds.

📌Powered by V3V Ventures

📣 This Week in Crypto: LIBRA Crash, FTX Payouts, Kanye’s Token, and Hamster Kombat’s Return

This week saw major events shake the crypto space: LIBRA meme coin’s collapse left 86% of traders at a loss, FTX began repaying $1.2B to creditors, and Kanye West confirmed plans to launch the YZY token. Meanwhile, Hamster Kombat made a comeback with Season 2, and Bitcoin briefly approached the $100K mark amid growing ETF transparency.

📌Powered by V3V Ventures

❕ CZ’s First DEX Trade Sparks 50% Surge in TST Meme Coin

Binance founder Changpeng Zhao (CZ) executed his first-ever trade on a decentralized exchange (DEX), purchasing TST and adding liquidity. His unexpected move triggered a 50% price surge, reigniting speculation about his influence on the market. CZ admitted struggling with the DEX interface, highlighting areas for improvement. Despite stepping back from Binance, his actions continue to shape sentiment in the crypto space.

📌Powered by V3V Ventures

📣 Kanye West’s X Account Sale Sparks Meme Coin Controversy

Kanye West is rumored to have sold admin access to his X account (32M followers) to meme coin trader Barkmeta, linked to the Doginals crew. Deleted posts and X Community Notes suggest multiple people now control the account, raising concerns of a potential liquidity extraction event tied to the rumored YZY meme coin. While Barkmeta denies the accusations, crypto influencers continue to warn the community.

📌Powered by V3V Ventures

🔹 Ethereum Holds Steady as Bybit ETH Reserves Rebound After Lazarus Hack

Ethereum remains stable at $2,795 despite the $1.4 billion Lazarus Group hack on Bybit. ETH balances on Bybit have rebounded to over 200,000 ETH ($558M) after dropping to 61,000 ETH on Friday. The increase suggests that Bybit may be buying ETH to restore confidence or that users are returning funds after the exchange committed to covering all stolen assets. However, technical indicators suggest a bearish trend, with the next key support at $2,155 unless ETH breaks above $3,085.

📌Powered by V3V Ventures