[Afternoon News Briefing] Soulcast Co-Founder Lost $24 Million in Address Speculation Attack

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According to cryptocurrency security firm PeckShieldAlert, an address known to be used by Soulcast co-founder @sillytuna was hit by an address speculation attack, resulting in the theft of approximately $24 million worth of aEthUSDC.

According to cryptocurrency security firm PeckShieldAlert, an address (0xd2e8...ca41) known to be used by Soulcast co-founder @sillytuna was attacked using an address pollution method, resulting in the theft of approximately $24 million worth of aEthUSDC. Currently, approximately $20 million worth of DAI, which was stolen by the attackers, is stored in two temporary wallets. The wallet addresses are 0xdCA9...c9C4 (approximately $10 million) and 0xd0c2...dd3e (approximately $10 million), respectively, and it appears that full-scale laundering through mixing has not yet occurred. PeckShieldAlert stated that the attackers have already started bridging a small amount of funds to the Arbitrum network, and that additional movements and laundering could occur, so monitoring related addresses is necessary. This incident is a type of address speculation attack that tricks wallet owners into sending funds to a "similar address" planted in advance by the attacker, highlighting the need for address verification by individual wallet users and project stakeholders.

According to on-chain whale tracking service Whale Alert, 967 BTC was transferred from an unidentified wallet to Coinbase Institutional.

According to the on-chain whale tracking service Whale Alert, 967 BTC (approximately $71,113,026) was transferred from an unidentified wallet to Coinbase Institutional. The market is watching this large whale volume, as it could be converted into a waiting sell position in the future, potentially increasing short-term Bitcoin price volatility.

According to on-chain analyst Ai, the address withdrew 3,000 ETH from Binance and then deposited it back into the exchange.

According to on-chain analyst Ai, address 0xC45...D42DD withdrew 3,000 ETH from Binance on February 24th at an average price of $1,852.67. Then, approximately seven hours ago, when ETH had risen to $2,183, near its short-term high, the address 0xC45...D42DD deposited the funds back into the exchange. Selling the entire amount would yield a profit of approximately $990,000, and the market is interpreting this as a signal of increased selling pressure driven by the potential for short-term profit taking.

Scotiabank, one of Canada's top five banks, is launching a multi-asset cryptocurrency ETF.

Scotiabank, one of Canada's top five banks, is launching a multi-asset cryptocurrency exchange-traded fund (ETF) in partnership with digital asset management firm 3iQ. According to a PANews report citing Cointelegraph, Scotiabank's asset management division, Dynamic Funds, will manage the ETF, which will be listed on the Cboe Canada Exchange under the ticker symbol "DXMC." Investment targets include major digital assets such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP. The fund's management fee is set at 0.25%, and trading will begin on March 1, 2027. The fact that a major Canadian bank is directly participating in the multi-asset cryptocurrency ETF signals a further expansion of digital asset acceptance in traditional finance.

The cryptocurrency market rebounded across the board, with major coins and sector indices rising across the board.

The cryptocurrency market rebounded across the board, with major coins and sector indices rising across the board. According to Odaily, based on SoSoValue data, Bitcoin (BTC) rose 6.85% to surpass $72,000, while Ethereum (ETH) rose 7.45% to surpass $2,100. The Real Asset Tokenization (RWA) sector showed a notable uptrend, rising 7.26%. Among them, MANTRA (MANTRA) surged 39.03%, while Sky (SKY) surged 7.58%. Thematic indices also showed a strengthening preference for riskier assets, with the MAG7.ssi rising 6.40%, the DEFI.ssi 4.49%, and the MEME.ssi 7.49%. By major sector, the Meme sector rose 5.68% over the past 24 hours, with BUILDon (B) jumping 13.20%. The PayFi sector rose 4.92%, with Telcoin (TEL) up 7.64%. The DeFi sector rose 3.85%, with CoW Protocol (COW) up 8.96%. The Centralized Finance (CeFi) sector rose 3.72%, with Gate (GT) up 4.18%. The Layer 1 sector rose 3.56%, with Decred (DCR) up 11.61%. The Layer 2 sector rose 1.89%, Stacks (STX) rose 5.08%, and the AI sector rose 1.70%, with Venice Token (VVV) recording a 15.51% gain. Cryptocurrency sector indices, which reflect the medium- to long-term trends of each sector, also rose. The ssiRWA, ssiMeme, and ssiLayer1 indices rose 6.57%, 5.17%, and 4.71%, respectively.

President Trump has said the US should have a "dominant" position in the cryptocurrency sector.

President Trump stated that the United States should be a "dominant" player in the cryptocurrency sector. According to a video released by cryptocurrency media WatcherGuru on the 4th (local time), President Trump reaffirmed his position that the United States should secure leadership in digital assets and related industries. During the recent election campaign, President Trump has consistently delivered messages favorable to major cryptocurrencies such as Bitcoin and Ethereum, the mining industry, and deregulation. This statement is seen as further increasing expectations for the next administration's pro-crypto policies.

According to cryptocurrency journalist Eleanor Therit, U.S. Senate Rep. Steve Daines, a leading cryptocurrency tax reform advocate, has decided not to run for reelection.

Another key figure in the US Senate, a driving force behind cryptocurrency tax reform, is expected to lose a seat. According to cryptocurrency journalist Eleanor Therit, Senator Steve Daines, a leading cryptocurrency tax reform advocate in the Senate, has decided not to run for re-election. With Senator Cynthia Lummis also deciding not to run, and Representative Marsha Blackburn likely leaving the Senate if she wins the Tennessee gubernatorial election, concerns are rising that this could weaken the influence of crypto-friendly lawmakers.

Bitcoin historian Adam Beck shared a video mentioning buying BTC.

Adam Back, known as a first-generation cypherpunk and an early Bitcoin developer, is reportedly planning to purchase up to 21,000 BTC in the next few weeks, according to a claim made via X. Bitcoin historian account (@pete_rizzo_) shared a video of Adam Back mentioning the purchase of approximately $1.5 billion worth of BTC, commenting that “the bottom is in.” Adam Back is the CEO of Blockstream and is a highly influential figure in the Bitcoin ecosystem. However, other than the video, details such as whether the statement will be carried out or how it will be funded have not been disclosed.

Bitget Wallet has partnered with B2B micropayment platform DT One to launch a cryptocurrency-based mobile recharge service.

Bitget Wallet has partnered with B2B micropayment platform DT One to launch a cryptocurrency-based mobile top-up service. This partnership allows users to directly top up their mobile phone bills using stablecoins. Bitget Wallet users can use USDT and USDC to top up across over 500 local carrier networks in over 170 countries, including China, Vietnam, Thailand, and Indonesia. Supported chains include Base, Solana, TRON, BNB Chain, Arbitrum, Polygon, and Morph, enabling immediate payments without the need for a separate stablecoin-to-local fiat currency conversion process. DT One, a digital transfer solutions company that connects global mobile operator networks, supports both cryptocurrency and traditional financial methods, enabling real-time cross-border transfers of digital goods such as mobile top-ups, data packages, game PIN codes, and gift cards. This collaboration is expected to increase the practical utility of stablecoins in everyday payments and contribute to the expansion of digital asset-based micropayment infrastructure.

Crypto-related assets showed strength across the board as major U.S. stock market indices closed higher.

As the US stock market closed higher, crypto-related assets showed strength across the board. According to data from msx.com, the Nasdaq rose 1.29%, the S&P 500 rose 0.78%, and the Dow Jones Industrial Average rose 0.49%. In the crypto sector, Solana surged 16.67%, and Coinbase rose 14.57%. Related stocks also rose, including SharpLink (11.98%), MicroStrategy (MSTR) (10.37%), Bitmine (7.92%), and Circle (5.66%). Meanwhile, msx.com is a decentralized RWA (Real Asset Tokenization) platform that allows trading major US technology stocks and ETFs, such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA, in token form. It currently lists and operates hundreds of RWA tokens.

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