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Andre Cronje, co-founder of Sonic (formerly Fantom), has introduced flyingtulip, a new smart trading protocol supporting over 50x leverage, utilizing adaptive curve technology for real-time market volatility adjustments.
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A significant investor, known as a 'whale', has invested an additional $600,000 in HYPE, increasing their position despite an overall unrealized loss of $1.39 million. This investor previously spent $7.01 million on 362,813 HYPE tokens at an average price of $19.34, and also holds other tokens within the HyperLiquid ecosystem, all currently at a loss.
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The newly launched IGT ecosystem project by Infinitar marks the first integration of gaming assets with RWA (Real World Asset tokenization), expanding gaming scenarios and token utility, propelling IGT to new value heights.
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Bitwise's Matt Hougan suggests a US strategic Bitcoin reserve could encourage other nations to follow suit, signaling a bullish outlook for cryptocurrency.
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In a significant transaction, the defunct Mt. Gox exchange has moved 12,000 BTC, worth approximately $1 billion, to an unknown wallet, stirring the crypto market amidst ongoing volatility.
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In the last 30 days, the top 5 cryptocurrencies by growth among the top 100 in market capitalization were Berachain (BERA) with a 554.50% increase, Story (IP) up by 87.60%, Cardano (ADA) rising 57.22%, Maker (MKR), and MANTRA (OM), according to Coinmarketcap data.
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A Berachain spokesperson clarified that reports of 10 million BERA tokens unlocking this week are false, with the actual distribution scheduled for early May to Boyco depositors.
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According to RootData, Movement (MOVE) will unlock 50 million tokens, valued at approximately $21.89 million, on March 9 at 11 AM Beijing time.
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Movement Labs co-founder Rushi Manche announced the internal release of the public mainnet, pending completion of Gnosis Safe security protocols with bridge partners before official launch.
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StakeStone, an asset protocol, tweeted a reminder for users to hold their STONE, SBTC, STONEBTC, and BERASTONE assets, implying an imminent snapshot for a potential airdrop.
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Despite a 3.38% drop in total cryptocurrency market valuation to $2.81 trillion, Berachain (BERA) increased by 10.2%, Optimism (OP) by 10.02%, Aptos (APT) by 8.56%, Litecoin (LTC) by 8.11%, and Movement (MOVE) by 7.82%.
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The crypto market saw a rebound as the AI Agents sector led gains with a 13.39% increase, while Virtuals Protocol and Vana rose by 11.51% and 25.65% respectively in 24 hours. Despite Bitcoin's 3.19% drop, notable gains were recorded by Maker and Usual, rising 22.53% and 19.28%, while other sectors also showed signs of recovery.
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Two whale addresses faced significant losses exceeding $25.2 million on their long positions of major tokens on Hyperliquid, with wallet 0x153C...319A losing approximately $15.4 million across Bitcoin, Solana, HYPE, ONDO, HBAR, SUI, and TRUMP.
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According to CertiK, a suspicious, unverified contract on Ethereum transferred $49.5 million to a wallet, converting it to DAI stablecoin. This alert was reported by ChainCatcher, following monitoring on the Ethereum network.
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Bybit CEO Ben Zhou suggested that a community vote might be necessary to decide on rolling back Ethereum to its state before recent theft. This was discussed during an X Spaces session on February 22, where he also outlined efforts to recover stolen funds.
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The Wall Street Journal reports that Bybit experienced the largest single theft in cryptocurrency history, with assets valued over $1.4 billion stolen. Bybit's CEO, Ben Zhou, assures that all functionalities remain intact, with the exchange managing to process withdrawal demands and pledging to fully cover customer losses
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Story has unveiled a revised technology roadmap that will introduce several new features including IP Portal, verification services, and IPkit.
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GM
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According to SoSoValue data, the crypto market shows continued decline with AI Agents falling 9.53% while RWA remains resilient. Despite challenges, RWA rose 1.72% over 24 hours, contrasting substantial losses in other sectors including Meme, which saw a downturn in overall market value.
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RootData collaborates with SoSoValue to host a 10-day on-chain data exploration event. Participants completing exploration tasks from February 17 to 26, UTC+8, stand a chance to win prizes including 10,000 Mag7.ssi, 2,000 USDT, and 50 RootData Plus API.
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