Important information last night this morning (February 23-February 24)
Reprinted from panewslab
02/24/2025·2M
Token Unlocks data shows that tokens such as SUI, OP, ZETA will be unlocked in large amounts next week, including:
Sui (SUI) will unlock approximately 22.97 million tokens at 8 a.m. Beijing time on March 1, Beijing time, with a ratio of 0.74% to the current circulation, worth approximately US$77.6 million;
Optimism (OP) will unlock approximately 31.34 million tokens at 8 a.m. Beijing time on February 28, with a ratio of 1.93% to the current circulation and a value of approximately US$36.7 million;
ZetaChain (ZETA) will unlock approximately 44.26 million tokens at 8 a.m. Beijing time on March 1, Beijing time, with a ratio of 6.48% to the current circulation, and a value of approximately US$15 million;
AltLayer (ALT) will unlock approximately 240 million tokens at 6 pm Beijing time on February 25, with a ratio of 9.41% to the current circulation, worth approximately US$11.6 million;
dydx (DYDX) will unlock approximately 8.33 million tokens at 8 a.m. Beijing time on March 1, Beijing time, with a ratio of 1.14% to the current circulation and a value of approximately US$6.7 million;
Sleepless AI (AI) will unlock approximately 18.21 million tokens at 8 a.m. Beijing time on March 1, with a ratio of 14.01% to the current circulation and a value of approximately US$5.1 million.
According to the monitoring of Embers of the chain analyst, Bybit hackers have used a large number of addresses to use cross-chain exchange platforms such as Chainflip, THORChain, LiFi, DLN, eXch, etc. in almost 30 hours since they started washing coins yesterday afternoon and now. (US$106 million) has been exchanged across chains for other assets (BTC, etc.), and the Bybit hacker address currently has 461,491 ETH (US$1.29 billion). The total number of ETH they stole from Bybit is 499,395 (US$1.4 billion).
MicroStrategy founder Michael Saylor once again released information about Bitcoin Tracker, saying: "I don't think this reflects what I did last week." According to previous rules, MicroStrategy always discloses information on increasing its holdings of Bitcoin the day after the relevant news is released.
Pumpfun front-end deletes Lazarus-related Meme coins
According to Aggr News, the front-end of Pumpfun has deleted the Meme coins related to the North Korean hacker group Lazarus Group. Previously, Bybit attackers were suspected of issuing Meme tokens on Pumpfun for money laundering. The attacker transferred SOL tokens to a certain address and launched the Meme coins.
Bybit tweeted that through coordinated efforts by multiple parties, $42.89 million of stolen funds were successfully frozen in one day. The institutions that provide assistance include Tether, THORChain, ChangeNOW, FixedFloat, Avalanche Ecosystem, CoinEx, Bitget, Circle, etc.
Exchange eXch denies allegations of helping Lazarus Group hacker team launder money
According to Theblock, non-KYC centralized exchange eXch denied allegations about its money laundering on behalf of Lazarus Group in a post on the forum. “Having the opposite view is just the point of view of some people who want the interchangeability and on-chain privacy of decentralized currencies to disappear… These people have long hated decentralized cryptocurrencies.”
"Exch[.]cx is a KYC-free exchange with abnormal surge in ETH trading volumes -trading volumes in the past 24 hours were 20,000 ETH, and usually 800 ETH," analyst Vxdb pointed out . "Their bits The currency reserves are also empty, but their ETH reserves have increased by 900%. ”
The eXch team acknowledged that “a small portion of the funds from the ByBit hack ended up in our address” but called the transfer “an isolated case and the only part of our exchange processing.” Later, the eXch team promised to earn money. Donate to “various open source programs dedicated to privacy and security inside and outside the crypto space.”
In another post, the eXch team posted a screenshot showing an email from a Bybit employee asking eXch to block certain wallet addresses marked as receiving stolen funds. The team apparently rejected the request and accused Bybit of damaging its reputation by marking deposits from eXch addresses as "high risk".
Safe Wallet tweeted that its team is working to restore services and will start gradually recovery within the next 24 hours, with additional security measures added to the restored Safe Walle:
- Verification of transaction hash, data and signatures
- Enhanced monitoring alerts
- And temporarily remove native Ledger integration because Ledger is the signature device/method used in Bybit attacks.
After recovery, users may experience longer transaction time or performance issues due to running additional checks. As always, users are advised to remain vigilant when signing transactions and verify that the correct transaction data has been signed.
Cooperation between cryptocurrency companies and sports organizations is increasing, from Formula One team sponsorship to football, mixed martial arts and even snooker, Theblock reports. Cryptocurrency exchanges such as Coinbase, Gate.io and XBO.com, stablecoin issuer Tether, and cryptocurrency betting sites Sportsbet.io and Cloudbet have recently signed key partnerships with sports organizations.
According to the Financial Times, citing marketing agency SportQuake, 22 transactions have been reached so far in 2025, with an average value of $4.3 million, compared with 18 transactions in the same period last year, with an average value of $2.6 million.
Notable collaborations include Tether's acquisition of a minority stake in Italian football team Juventus, worth approximately $50 million.
Coinbase recently entered into a partnership with Aston Martin’s Formula 1 team Aston Martin Aramco, which is paid entirely in stablecoins. The transaction value has not been disclosed. The Coinbase logo appears on the team's recently launched AMR25 car.
Gate.io also signed an agreement with Oracle Red Bull, whose logo will appear on the team’s racing cars, racing suits and the helmet of four-time world champion Max Verstappen.
Cryptocurrency exchange XBO.com recently signed a partnership agreement to become the official global sponsor of the 2025 Argentina national football team. XBO will launch special promotions, rewards and marketing campaigns featuring the team’s athletes.
Other notable partnerships include a naming agreement between Sportsbet.io and the Snooker Player Championship, and a multi-year agreement between Crypto Casino Cloudbet and the Hybrid Martial Arts Organization Pro Fighting League.
Montana House of Representatives rejects "Strategic Bitcoin Reserve" bill
According to Cointelegraph, the Montana House of Representatives voted 41 to 59 to veto the Strategic Bitcoin Reserves bill, with many lawmakers worried that the investment committee would use taxpayer money for excessive speculation.
Previous news , the "Strategic Bitcoin Reserve" bill in Montana, the United States, passed the committee's review and entered the House of Representatives voting stage.
Musk replaced X platform's avatar and background with Grok theme pictures
Musk replaced the avatar and background image of the X platform, with the theme of Grok.
Pump.fun is suspected of internal testing of AMM liquidity pool, adding a new Swap section
According to Aggr News, Pump.fun is suspected to be testing the AMM liquidity pool internally, adding a new Swap sector, which may replace Raydium as a third-party supplier.
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