PA Daily | Binance to remove AMB, CLV, STMX and VITE; Argentine president accused of fraud over LIBRA token scandal
Reprinted from panewslab
02/17/2025·2MToday's news tips:
Binance will remove AMB, CLV, STMX and VITE on February 24
Billionaire Paul Tudor Jones's investment institution holds $426.9 million BlackRock IBIT
Bubblemaps: LIBRA and MELANIA tokens are suspected to be operated by the same cabal
Argentine President Javier Milei is accused of fraud over LIBRA token scandal
Perhaps affected by Binance's removal: VITE fell 40% in a short period of time, AMB fell 22%
Japanese listed company Metaplanet spends 4 billion yen to increase its holdings of 269.43 BTC
Regulatory/Macro
Crypto detectives discover new evidence that Jack Dorsey is very close to Bitcoin
According to Cointelegraph monitoring, American entrepreneur Jack Dorsey is once again speculated as behind Satoshi Nakamoto, the anonymous creator of Bitcoin, and a post on X platform has once again sparked debate on one of the biggest mysteries in the cryptocurrency world to date. Seán Murray, president and editor-in-chief of financial news website deBanked, compiled a bunch of facts, numbers and dates related to Bitcoin in a February 15 post on X platform, which he said is also related to Dorsey, who It has been one of the most powerful advocates of Bitcoin for more than a decade. However, some people believe that the evidence is not conclusive. Jack Dorsey denied that he was Satoshi Nakamoto in an April 2020 interview with computer scientist and podcast Lex Fridman. However, Murray said he thought Dorsey “probably” was Satoshi Nakamoto, noting that Dorsey has shown a cypherpunk tendency since studying computer science at university in 1996, such as wearing an RSA shirt by Adam Back, the inventor of Hashcash, and later in 2001 Nian wrote a manifesto on how to leave a mark on the world without leaving a trace. One of Murray's most compelling observations is that the first transaction of Bitcoin took place on Dorsey's mother's birthday, January 11, and the last bitcoin block allegedly dug out by Satoshi Nakamoto took place at his father's Birthday, March 5, 2010. Murray also said that Satoshi Nakamoto allegedly registered the Bitcoin forum on November 19, Dorsey's birthday. Meanwhile, Murray also claimed that the timestamps of the original Bitcoin source code documents were accurate to 4 a.m. — although it was unclear which time zone it was — Murray claimed that this was the time Dorsey had set in his Twitter profile. Satoshi said to have created a Bitcoin address using the "brute force" method, including an address starting with "jD2m", which Murray claims represents "Jack Dorsey 2 Mint", referring to Dorsey's former residence in San Francisco 2 Mint Plaza . Dorsey didn't confirm this. Murray also claimed that Satoshi Nakamoto "accidentally" logged in to the Internet relay chat on January 10, 2009, showing the location of Twitter, a real IP address in California, and where Dorsey is most of the time. Murray said Satoshi Nakamoto told people not to donate bitcoin to WikiLeaks on December 5, 2010, while noting that on December 14, nine days later, Twitter received a "secret court order" asking for It handed over all information about WikiLeaks. Dorsey was not Twitter's CEO at the time, but remained on the company's board of directors. Murray also claimed that Satoshi Nakamoto last logged into the Bitcoin forum the day before, December 13.
Billionaire Paul Tudor Jones's investment institution holds $426.9 million BlackRock IBIT
According to Cointelegraph, the investment institution of billionaire Paul Tudor Jones disclosed that it holds $426.9 million worth of BlackRock IBIT, twice the last time it reported its position in a SEC filing.
Japanese listed company Metaplanet spends 4 billion yen to increase its holdings of 269.43 BTC
According to Bitcoin Magazine, Japanese listed company Metaplanet announced that as part of its ongoing Bitcoin financial operations, the company spent 4 billion yen (about 26.39 million US dollars) to increase its Bitcoin holdings by 269.43 bitcoins, increasing its Bitcoin holdings to 2031.41 pieces, with a cumulative purchase amount of 24.872 billion yen (approximately US$164 million).
Bubblemaps: LIBRA and MELANIA tokens are suspected to be operated by the same cabal
Blockchain data company Bubblemaps posted on X platform: "LIBRA and MELANIA and other short-lived tokens are actually the same group of people. After analyzing the cross-chain transfer and time patterns, we are highly convinced that this guess is correct. . It all started with our investigation of sniper activity on MELANIA. There is an address that is particularly prominent: P5tb4, which makes more than $2.4 million in profit, but there are other things that caught our attention. The address will all Profits are sent to 0xcEA, a wallet associated with MELANIA creators, and the transfer is done through the USDC Cross-chain Transfer Protocol (CCTP). There are a variety of ways to connect 0xcEA with MELANIA creators, including fund transfers and Cross-chain transfers, we are sure that these are no coincidences. This means that the creator of Melania — or someone close to his team — may have personally participated in the sniping project start-up. A few weeks later, we noticed 0xcEA DEfcyK, the creator of LIBRA, is the creator who withdraws 87 million LIBRA. Worse, 0xcEA also sniped LIBRA and made a profit of $6 million, using multiple side chain addresses funded through CCTP. .”
Argentine President Javier Milei is accused of fraud over LIBRA token scandal
Argentine lawyers have filed a lawsuit against President Javier Milei for alleged fraud due to his involvement in the LIBRA token project, a scandal that escalated after the weekend when the token’s value came after Milei’s initial promotion Plunge by 95%. "This illegal group has committed fraud, and the president's actions have played a key role in it," said plaintiff Jonatan Baldiviezo. Another plaintiff, Claudio Lozano, an economist who served as the president of the Central Bank of Argentina; A lawyer and an engineer also joined the lawsuit. The judge in the case may be appointed as the earliest tomorrow. Milei denied knowing the token project in advance and insisted that he was innocent in the scandal. His administration announced yesterday that it would launch its own investigation into the token project, while his political opposition calls for an impeachment trial. "In view of the facts, President Javier Milei has decided to immediately let the Office of Anti-Corruption (OA) intervene to determine whether any member of the national government, including the President himself, had committed misconduct." Project consultant Hayden Davis accused Milei of Withdrawal of support for the project resulted in price drops and investors lost confidence.
Cantor Fitzgerald bought over $1 billion worth of MSTR stock last year
Bond trading giant Cantor Fitzgerald, under Howard Lutnick's previous leadership, bought over $1 billion worth of MicroStrategy (MSTR) shares in the fourth quarter of 2024, making it the company's largest shareholder, according to Bitcoin News. . Its average buying price is $229, and the value of these stocks has now risen by 47%. Lutnick is currently the head of the newly established sovereign wealth fund by U.S. President Trump and also serves as Secretary of Commerce.
Project News
Binance will remove AMB, CLV, STMX and VITE on February 24
Binance announced that it will remove the shelves from 11:00 on February 24, 2025 (Beijing time) and stop trading the following spot trading pairs: AMB/USDT, CLV/BTC, CLV/USDT, STMX/TRY, STMX/USDT and VITE /USDT. All outstanding pending orders will be automatically revoked after the transaction is stopped. Starting from 11:00 on February 25, 2025 (Beijing time), the recharge of relevant tokens will no longer be recorded in the user account, and the withdrawal service will continue until 11:00 on April 24, 2025 (Beijing time).
LIBRA project consultant Hayden Davis acknowledged that the project team had sniped at LIBRA startup
YouTube blogger Coffeezilla released an interview with Hayden Davis, one of the four creators of LIBRA tokens. During the interview, he admitted that the LIBRA team sniped when LIBRA started, and the MELANIA team also conducted the MELANIA team when MELANIA started. Sniper. Coffeezilla also mentioned that the other three LIBRA are Julian Peh (Kip Protocol), Mauricio Novelli (Argentina Science and Technology Forum) and Manuel Godoy (Argentina Science and Technology Forum). On February 14, 2025, the project received support from Javier Milei.
FSL Chief Revenue Officer Mable Jiang said on his social platform: "Vitalik will be invited to conduct a flash text interview between 12 pm UTC on February 19 and 12 pm UTC on February 20. The specific form is: Before AMA, Mable Jiang will be in A new AMA circle 'Flash Interview Circle' is created in Tako App to collect questions submitted by everyone. Each question in Mable Jiang will be a separate post in the circle, and Vitalik will quote my questions in this circle Post to reply. Viewers can comment under each of his answers. In addition, from now until 12am UTC on February 19 (12 hours before AMA starts), Mable Jiang will open to the community to collect various constructive questions and from Filter 5 constructive and high-quality questions in AMA. The five selected questioners will be qualified for the GMTPay test of FSLEcosystem and a gift card of 200 USD per person in GMTPay (can be installed on mobile phones and used online and offline. ), the prize pool is sponsored by Tako."
Viewpoint
According to Wu, Michael Saylor, founder of Strategy (formerly MicroStrategy), said in an interview with the media: "We will continue to develop Bitcoin and regard it as a "digital Manhattan" - a digital asset. We will continue to acquire Bitcoin, and then Use it as collateral to start other businesses. As the price of Bitcoin rises, we will continue to do similar things and see new opportunities. "In addition, about "If MicroStrategy's average purchase price of Bitcoin exceeds 150,000 The dollar may be at risk” view, Michael Saylor disagrees with this view, as the company’s majority of Bitcoin is acquired through equity, and it owns 15 times the debt as collateral. Moreover, its debts are not reckoned, with a term of more than four years. In other words, even if Bitcoin plummets by 98%, the company will not face liquidation risks. The company owns permanent capital. Michael Saylor said it was not concerned about the Bitcoin price cycle and believed that Bitcoin will rise by an average of 29% per year in the next 21 years; by this benchmark, by 2045, the price per Bitcoin will reach $13 million. . He also said that MicroStrategy will not lend or pledge Bitcoin to earn interest in the future, and expects that we will grow from a few companies that initially adopt the Bitcoin standard to dozens or hundreds, and eventually thousands of companies will join. Regarding whether Bitcoin Layer 2 network will be developed, Michael Saylor said that his company will first observe market development and believes that MicroStrategy can be considered to be running on Bitcoin Layer 3. "In the future, a second-tier solution like Lightning may be successful, but I think the current real $100 billion opportunity is in the third level." Regarding its views on other cryptocurrencies, Michael Saylor said: "Why To hold the second best thing? You just need one of the best and Bitcoin is the best.” Regarding how many cryptocurrencies it personally holds, Michael Saylor said: “I don’t hold any other cryptocurrencies. About Four years ago, I publicly disclosed that I owned 17,732 bitcoins, and the purchase price was just under $10,000 per coin. I have bought some more since then, but I have never sold them. So, I I have more Bitcoins now than I did at that time, but I have not disclosed how much it has increased publicly."
Regarding LIBRA tokens, Solana's ecological decentralized exchange Jupiter said on X platform: "A few members of the team learned directly from Kelsier Ventures about two weeks ago that at some point, there will be a pair with Argentine President Javier Milei. The related token project was released, and although we were initially skeptical, we then saw credible evidence on Milei’s personal account’s Twitter, proving that he was serious about it. This is all we know Content. We have no idea about the transactions between Milei and market makers, and have never participated in any form. "Jupiter also said that in the meme currency circle, the news that an "Argentine currency" will be issued has long been made public Secret, but adhering to its principle of confidentiality, Jupiter has never disclosed this to anyone from beginning to end, whether online or offline. In addition, no one on the team has received any LIBRA tokens or related rewards. The developer of Jupiter products has not known the date, time or contract address (CA) of the release in advance. Meow himself only learned about this on the day of the issuance, but he did not know the contract address or the specific time, nor did he participate in it in any way. Ben from Meteora learned the contract address a few minutes before issuance to verify it, but shared it with the Jupiter team after the information was disclosed. Jupiter did not verify in advance nor immediately verified the contract address, which is very different from the FUD circulating on Twitter. Instead, Jupiter is waiting for public confirmation from Milei's Twitter account and enough transaction volume. In addition, Jupiter said: "We attach great importance to the allegations of insider trading. We have conducted our own investigation and have found no evidence of any snatching behavior among the team members. If you have evidence that Jupiter employees have leaked information or snatched," Jupiter said. Please contact us directly.”
Zhao Changpeng: I hope to see more on-chain AI agent development and refuse to sell specific tokens
Binance founder Changpeng Zhao (CZ) said on the X platform that he did not want to sell any specific AI proxy tokens. But I hope to see more on-chain AI agent development and have practical use cases. Real development usually happens after the hype is over.
Hashed Partner: Meme Coin needs to rely on community belief and sustainable value to survive
Hashed partner Ryan Kim said that while many tokens with Ponzi economic characteristics have collapsed, some Memecoin survived. He believes that the key to the survival of these tokens is the enthusiasm of the community and the near-religious belief. Ryan pointed out that to last long, Meme coins need to pursue sustained and achievable values, such as love, peace and community spirit, rather than relying solely on short-term hype and market sentiment.
Syncracy Capital: The current market panic about SOL is a good investment opportunity
Syncracy Capital co-founder Daniel Cheung said the current market panic about SOL (Solana) is increasing, but he believes that Solana remains the leading blockchain in this cycle. He expects the launch of Solana-related ETFs may be earlier than the market generally expects. He advised investors to enter when the market was afraid, believing it was an attractive risk-reward ratio opportunity, suitable for investors who were willing to hold for several months.
Although Bitcoin (BTC) continued to fluctuate narrowly this month between $95,000 and $100,000, traders remain bullish. According to Amberdata data, the $110,000 call option expired on March 28 on the Deribit platform became the most popular trading strategy this month, with a cumulative net premium paid by more than $6 million. Greg Magadini, head of derivatives at Amberdata, said the price of Bitcoin failed to rise significantly due to positive news, such as MicroStrategy's continued increase in holdings and Abu Dhabi's $436 million investment in Bitcoin ETFs. Meanwhile, macroeconomic headwinds and the “boom-collapse” cycle of small-cap tokens limit the upside space for Bitcoin. For example, the token called LIBRA recently soared to $4 billion, but plummeted 90% in a few minutes. In addition, high inflation data in the United States also put pressure on market sentiment. Magadini pointed out that despite some good news, the market overall showed low volatility and sideways, dragged down by the increase in altcoin supply and negative news. Under this environment, the Bitcoin market may continue to maintain a sluggish trend in the short term.
Important data
According to Lookonchain monitoring, the LIBRA team is suspected of using three internal wallets to rush to buy their own tokens, making a profit of about $6.65 million. A few hours before LIBRA went online, the wallet address "0xcEAe...06e2" bridged three wallets from US$1.6 million to Solana through Avalanche, and snatched 3.77 million LIBRA tokens, and then quickly sold it, selling US$8.25 million USDC. , net profit of $6.65 million. In addition, the wallet was found to bridge USDC to Solana from Avalanche to compensate Dave Portnoy, so it is speculated that "0xcEAe...06e2" may belong to the LIBRA team.
According to @ai_9684xtpa monitoring, 11.2 million SOLs (worth approximately US$2.06 billion) sold by FTX bankruptcy will be unlocked on March 1, 2025. Previously, FTX sold a total of 41 million SOLs through three auctions, with the main buyers and their returns as follows: Galaxy purchased 25.52 million at a price of US$64 per piece, with a return of 187%; Pantera and other buyers sold each Buy 13.67 million pieces at $95, with a return rate of 93%; Figure and other buyers buy 1.8 million pieces at $102 each, with a return rate of 80%.
Perhaps affected by Binance's removal: VITE fell 40% in a short period of time, AMB fell 22%
According to Binance market data, AMB may be affected by Binance's removal, and AMB has fallen 22% in a short period of time and is now quoted at US$0.00325, with a minimum price of US$0.00293; VITE has fallen 40.01% in a short period of time and is now quoted at RMB0.00484, with a minimum price of US$0.0044. ; STMX fell 8% in a short period of time and is now quoted at US$0.00394; CLV fell 1.15% in a short period of time and is now quoted at US$0.04659. Previous news, Binance will remove AMB, CLV, STMX and VITE on February 24.
A giant whale faces the risk of being liquidated on Compound, involving 488.49 WBTC
According to Onchain Lens monitoring, a giant whale is facing the risk of being liquidated on the platform, involving 488.49 WBTC (worth $46.99 million). The current health rate is 1.02 and the liquidation price is $91,785. During the price drop in 2022, the giant whale faced liquidation three times, losing 74,426 cWBTC (worth $32.82 million).
Suspected Barstool founder received $5 million in compensation after buying LIBRA
According to Lookonchain monitoring, an insider knew in advance that LIBRA was going online, but bought it too late and lost 26,577 SOLs ($5.34 million), but he seemed to have received compensation of 5 million USDC. @chooserich disclosed that the wallet may belong to Dave Portnoy (@stoolpresidente), founder of Bartool Sports. The day before LIBRA went online, the wallet "3apupK…Z1LF" was created and 29,000 SOLs ($5.76 million) were received. The wallet started buying LIBRA about 9 minutes after LIBRA went live, when the price had soared to $1.75. The wallet costs 28,740 SOLs ($5.77 million) to buy 2.3 million LIBRAs at an average price of $2.51. LIBRA price began to fall after hitting $4.56, causing the wallet to lose more than $5 million. After receiving 4.5 million USDC, the wallet cleared LIBRA and received 2163 SOL ($430,000) and then received 500,000 USDC. It is worth noting that this wallet also received 650,000 LIBRAs sent by the LIBRA team, but it was quickly returned.
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