Organized by: Jerry, ChainCatcher
Important News:
- Infini contract attacked, over $49 million stolen; Infini officials claim full compensation will be provided
- Ethena completed $100 million financing in December, with participation from Franklin Templeton and others
- Market news: Nasdaq has submitted 19b-4 application documents for Canary's HBAR ETF
- CoinShares: Last week, digital asset investment products saw a net outflow of $508 million
- Bybit CEO: Has returned to 1:1 rigid redemption, a website tracking stolen funds will be launched soon
- Infini founder: Since the theft, withdrawal requests have totaled $500,000, all have been responded to
“What important events occurred in the past 24 hours”
According to Certik Alert monitoring, an abnormal fund transfer occurred in Ethereum contract 0x9A79f4105A4e1A050Ba0b42F25351D394fA7E1DC, with receiving address 0x3ac96134fb0e42a52d33045aee50b89790f05ed0 receiving approximately $49.5 million and converting the funds into the stablecoin Dai. The specific details are that account 0xc49b5e5b9da66b9126c1a62e9761e6b2147de3e1 was hacked, granting address 0x8e9b permission to withdraw all funds. The attacker has converted all funds into 17,696 ETH (worth $49 million). Community feedback indicates that the infini contract is being addressed, and infini officials have responded that an investigation is underway, with losses to be fully compensated.
Community feedback indicates that the infini contract is being addressed, and infini officials have responded that an investigation is underway, with losses to be fully compensated.
According to Bloomberg, sources say that Ethena completed $100 million in financing last December. This round of financing was participated in by institutions such as Franklin Templeton and Fidelity Investments' venture capital firm F-Prime Capital.
It is reported that the project plans to use this round of financing to launch a new stablecoin product aimed at traditional financial institutions.
Market news: Nasdaq has submitted 19b-4 application documents for Canary's HBAR ETF
According to market news, Nasdaq has submitted 19b-4 application documents for the HBAR ETF of Canadian investment company Canary Capital.
CoinShares: Last week, digital asset investment products saw a net outflow of $508 million
According to CoinShares' latest weekly report, digital asset investment products experienced a total outflow of $508 million last week, bringing the total outflow over the past two weeks to $924 million.
By region, the outflow was mainly concentrated in the United States, with an outflow of $560 million, but this negative sentiment was not reflected in Europe, which continued to see healthy inflows, especially in Germany and Switzerland, with inflows of $30.5 million and $15.8 million, respectively.
Bybit CEO Ben Zhou stated in a community AMA that they have obtained the latest asset proof audit report, which will be updated on the official website soon. Bybit has returned to 1:1 rigid redemption, and in the past 24 hours, Bybit's fund inflow ranked first among global CEXs.
Bybit will launch a website tracking stolen funds and will update recovery progress and other data. Users providing effective clues can receive a reward.
Bybit's new coin announcement section will regularly publish the performance and financial reports of launched projects, covering five major dimensions: core financial data, token metrics, on-chain activity and network health, governance and community, as well as risk disclosure and future roadmap.
Infini founder Christian tweeted that since the theft, withdrawal requests have totaled $500,000, all of which have been responded to, and many wallets continue to deposit funds.
Currently, all product consumption and withdrawals are proceeding as usual, with the only affected part being the wealth management section (as contracts have been suspended and no further fund transfers are made to prevent secondary risks), which will require some time to propose and implement a more appropriate solution.
“What interesting articles are worth reading in the past 24 hours”
In this token issuance storm, is Kanye West a pawn under celebrity effect, or a carefully orchestrated operator?
eXch publicly disclosed Bybit's request and refused to cooperate. In their response to Bybit's email, eXch mentioned that they would not provide any assistance due to their users having been banned by Bybit.
The industry's attitude towards celebrity tokens is gradually turning to aversion.
Every successful memecoin often marks the beginning of a new narrative, with at least one influential "Caller" gathering attention.
Over $1.4 billion stolen, Bybit survives a three-day life-and-death crisis; what are the reasons?
Its transparent crisis communication calmed user panic, industry collaboration demonstrated the resilience of the ecosystem, the maturity of the market kept investors rational, and Bybit's own financial strength provided a solid buffer.
Meme Popularity Rankings
According to the meme token tracking and analysis platform GMGN, as of February 24, 19:50:
In the past 24 hours, the top five popular Ethereum tokens are: DePU, SPX, HULEZHI, MKR, TVSP
In the past 24 hours, the top five popular Solana tokens are: AFD, YODA, CYBERTRUMP, PEPEAI, PUMPY
In the past 24 hours, the top five popular Base tokens are: VIRTUAL, TOSHINME, AIXBT, KAITO, BRETT
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