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Shidharth Vijay

@lulidao60

340 Following
128 Followers
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Shidharth Vijay
@lulidao60
🟠#BTC Strategy acquired 6,911 BTC at an average price of $84,529 per BTC, totaling $584.1 million. This brings Strategy’s total Bitcoin holdings to 506,137 BTC, purchased for approximately $3.37 billion at an average cost of $66,608 per BTC.
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Shidharth Vijay
@lulidao60
🪐 #Crypto Crypto billionaire Jed McCaleb is investing $1 billion in his space startup, Vast Space, which aims to build and launch the world’s first commercial space station. McCaleb, the founder of Mt. Gox, Ripple, and Stellar, is dedicating approximately $3.2 billion of his wealth — primarily from selling XRP — to fund Vast Space.
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Shidharth Vijay
@lulidao60
🇰🇷#Crypto The number of cryptocurrency investors in South Korea grew by over 50% in the past year, reaching 9.66 million. Investors aged 50 and above now make up one-fourth of the total, with nearly half of high-net-worth individuals (holding over 1 billion KRW in crypto) also falling into this age group. As of the end of 2024, South Korea’s total population stands at 51.21 million.
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Shidharth Vijay
@lulidao60
😎#USDe Ethena Labs has clarified that BaFin’s decision will not impact existing USDe listings, nor will it disrupt minting and redemption services provided by Ethena (BVI) Limited, which serves the majority of its users. The company emphasized that USDe remains fully backed, no assets have been frozen, and all funds remain available for redemption. Ethena Labs also announced plans to update its Terms in the coming week.
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Shidharth Vijay
@lulidao60
🇺🇸#Crypto Aleksei Andriunin, founder of Gotbit, has reached a plea deal with U.S. authorities, agreeing to forfeit $23 million in cryptocurrency assets to settle market manipulation charges. Initially facing up to 20 years in prison for wire fraud and conspiracy, Andriunin was extradited to the U.S. in late February.
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Shidharth Vijay
@lulidao60
👾#Crypto Microsoft has discovered a new trojan, StilachiRAT, targeting cryptocurrency wallets in Google Chrome browser extensions. The malware attacks 20 different extensions, including MetaMask, Coinbase Wallet, Trust Wallet, OKX Wallet, Bitget Wallet, Phantom, and others.
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Shidharth Vijay
@lulidao60
💎#TON Telegram founder Pavel Durov has been granted permission by a French court to leave France and travel to Dubai. Sources indicate that the investigating judge approved a modification to Durov’s judicial supervision conditions several days ago, allowing him to leave France for “several weeks.” As of now, Durov has not issued any public statement regarding this matter.
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Shidharth Vijay
@lulidao60
🇺🇸 #Crypto Jump, a market maker significantly impacted by the Luna and FTX collapses, is now fully reviving its U.S. cryptocurrency operations after reducing its activities for the past two years due to unclear regulations. With crypto trading volumes surging in the United States, Jump intends to bring on board a team of crypto engineers to support its renewed efforts.
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@lulidao60
🔫#Airdrop The NFT marketplace Zora plans to launch its own meme token, ZORA, on the Base network in the coming months. The project stated that the token is "for entertainment purposes only" and does not grant holders any governance rights over the protocol. Zora will conduct an airdrop based on two snapshots — the first took place on Monday, and the second is scheduled three days before the distribution. The total supply will be 10 billion tokens, with 30% allocated for the airdrop and other incentives.
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Shidharth Vijay
@lulidao60
🧬#SOL Solana co-founder Toly expressed support for the SIMD-0228 proposal, which introduces a market-driven mechanism to adjust the total issuance rate based on the staking participation rate using a static curve. Previously, Finality Capital partner David Grider noted that high staking returns negatively impact DeFi yields, increase inflation-driven selling pressure, and reduce ETF demand due to staking rewards.
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Shidharth Vijay
@lulidao60
🔸#Crypto CZ proposed a new token issuance mechanism where 10% of tokens are initially released for project development, while subsequent unlocks must meet price increase criteria. The remaining tokens are locked in a smart contract, with a third party controlling the key. This approach aims to prevent an oversupply of new tokens when prices are low.
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Shidharth Vijay
@lulidao60
💲#Crypto Cryptocurrency exchange BitMEX is looking for a buyer and has engaged investment bank Broadhaven Capital Partners to facilitate the sale. Co-founded in 2014 by Arthur Hayes and others, BitMEX later faced charges for failing to implement effective anti-money laundering measures. Hayes resigned as CEO after criminal charges were filed against him in the U.S.
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Shidharth Vijay
@lulidao60
🇺🇸#Crypto The Democratic Party in the U.S. House of Representatives plans to introduce a bill on February 27 to ban public officials from issuing meme coins similar to TRUMPcoin. Currently, 12 Democratic members support the bill and are seeking bipartisan consensus.
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Shidharth Vijay
@lulidao60
👾#Crypto A user lost over $760,000 by copying a fraudulent address where the first four and last six characters matched the real one. The attackers simply "cluttered" the transaction history, from which the victim copied the address.
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Shidharth Vijay
@lulidao60
👾#Crypto A fake SBF account falsely claimed to have been pardoned by Trump and joined DOGE, only to later release the contract address of a memecoin. The account was mistakenly certified by X as a gray government or multilateral organization account. Meanwhile, SBF’s real account posted for the first time in two years, addressing company layoffs and management issues.
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Shidharth Vijay
@lulidao60
☝️#Crypto Bybit extended its appreciation to Lily Liu, Chairman of the Solana Foundation, and the Pumpfun team for their quick response in blocking and eliminating a Solana-based token, whose creator might be linked to hacker groups, thereby safeguarding the cryptocurrency ecosystem.
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Shidharth Vijay
@lulidao60
☝️#Crypto Bybit CEO Ben stated that, fortunately, the company's assets far exceed $1.5 billion. A cold wallet stored in a safe holds nearly $3 billion in USDT, which remained untouched by the hack. However, he added that if losses had exceeded $10 billion, selling the company might have been a consideration.
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Shidharth Vijay
@lulidao60
🇺🇸#Crypto The SEC staff has reached a preliminary agreement to dismiss its unlawful enforcement case against Coinbase, pending approval from the commissioners.
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Shidharth Vijay
@lulidao60
Finally pinlisted
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Shidharth Vijay
@lulidao60
🧠#AI DeepSeek is considering raising external funding for the first time, according to The Information. Alibaba and Chinese state-backed funds have reportedly shown interest in investing in the company.
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