24-Hour Hot Cryptocurrencies and News | South Korean National Tax Service Leaks Seed Phrase Leading to $4.8 Million Theft; OpenAI and Amazon Announce Strategic Partnership (February 28)

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ODAILY
02-28
This article is machine translated
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1. Popular cryptocurrencies on CEXs

Top 10 CEX trading volumes and their 24-hour price changes:

  1. BNB: -2.27%
  2. BTC: -2.91%
  3. ETH: -5.57%
  4. SOL: -5.56%
  5. XRP: -3.42%
  6. DOGE: -3.90%
  7. PEPE: -4.69%
  8. TRX: -1.02%
  9. ZEC: -8.28%
  10. PAXG: +1.94%

24-hour gainers list (data source: OKX):

  1. SAHARA: +54.72%
  2. ATH: +12.53%
  3. WET: +16.04%
  4. ZKJ: +9.04%
  5. AIXBT: +8.19%
  6. FLOW: +6.61%
  7. DEGEN: +6.45%
  8. ORBS: +6.28%
  9. CHZ: +6.21%
  10. YB: +6.88%

24-hour cryptocurrency stock gainers list (data source: msx.com ):

  1. Dell Technologies Inc. - MSX: +21.33%
  2. Block, Inc. - MSX: +16.34%
  3. Netflix Inc - MSX: +13.13%
  4. ProShares Ultra Silver - MSX: +11.19%
  5. ProShares UltraShort Ether ETF - MSX: +10.34%
  6. EchoStar Corporation - MSX: +7.96%
  7. T-Rex 2X Inverse NVIDIA Daily Target ETF - MSX: +7.18%
  8. MARA Holdings, Inc. Common Stock - MSX: +6.39%
  9. T-Rex 2X Inverse MSTR Daily Target ETF - MSX: +5.84%
  10. ProShares UltraShort Bitcoin ETF - MSX: +5.72%

2. Top 5 trending on-chain memes (data source: GMGN ):

  • kobot
  • NEKA
  • ELON MUSK
  • SEEKER
  • BLUECOLLAR

Headlines

The Korean National Tax Service was found guilty of leaking a seed phrase in a press release, leading to the theft of $4.8 million in assets.

A press release from the South Korean National Tax Service on February 26th inadvertently published an unredacted photo containing a handwritten seed phrase from a Ledger wallet, resulting in the theft of approximately $4.8 million (about 6.4 billion won) in assets by hackers. On-chain data showed that 4 million PRTG tokens from the wallet were subsequently transferred to an anonymous address. Experts criticized the South Korean tax authorities for their lack of basic cybersecurity awareness.

OpenAI and Amazon announced a strategic partnership, with Amazon investing $50 billion in OpenAI.

OpenAI and Amazon announced a multi-year strategic partnership, with Amazon investing $50 billion in OpenAI (an initial $15 billion). The two companies will jointly develop a stateful runtime environment driven by OpenAI models, available to AWS customers through Amazon Bedrock, with AWS becoming the exclusive third-party cloud distribution provider for the OpenAI Frontier platform. OpenAI has committed to using approximately 2 gigawatts of Trainium computing power through AWS infrastructure.

Multiple countries issue evacuation warnings for the Middle East

Geopolitical risks are escalating rapidly: The U.S. State Department has ordered the evacuation of non-essential diplomats from Israel and requested the evacuation of non-essential personnel from the U.S. embassy in Iraq; the foreign ministries of Canada, Kazakhstan, and China have issued warnings urging their citizens to evacuate or refrain from traveling to Iran; the UK has temporarily evacuated its staff from Iran; and France has advised its citizens against traveling to Israel and the West Bank.

Industry News

Morgan Stanley applies for a banking license to expand its digital asset custody and pledging business.

Morgan Stanley has applied for a new national trust bank license to conduct digital asset custody business and plans to offer staking and trading services to its investment clients. The application was submitted to the Office of the Comptroller of the Currency (OCC) by Morgan Stanley Digital Trust on February 18. Previously, the bank had applied to launch spot Bitcoin and Solana ETF products and plans to launch its own digital wallet this year.

Minnesota has proposed a bill to completely ban cryptocurrency ATMs.

Minnesota Representative Erin Koegel introduced HF 3642, a bill that would completely ban the operation of cryptocurrency self-service terminals in the state, repealing the regulatory framework established in 2024. FBI data shows that losses involving Bitcoin ATMs exceeded $333.5 million from January to November 2025, with the majority of victims being people over 60. If the bill passes, Minnesota will become one of the first states in the U.S. to completely eliminate physical cryptocurrency terminals.

Project News

Solana launches Solana Payments, providing a real-time payment simulator and developer documentation.

Solana has officially launched Solana Payments, allowing developers to access a real-time payment simulator, developer documentation, and case studies to start building payment applications on-chain.

An address has increased its holdings of XAUT by 2,000 tokens, worth $10.4 million, through NEAR Intents over the past four days.

According to Lookonchain monitoring, an address (0x83C0...Dc1) transferred 5263 ETH (worth $10.4 million) across chains via NEAR Intents in the past 4 days and exchanged them all for 2000 XAUT (Tether Gold Tokens).

Investment and Financing

US fintech startup Dots raises $8.9 million in Series A funding, with Y Combinator participating.

US fintech startup Dots has raised $8.9 million in Series A funding, led by DCM with participation from Y Combinator, bringing its total funding to over $14.8 million. Dots builds payment layers for modern platforms, processing over $150 million in payments monthly and having transferred over $1.5 billion to over 1 million gig workers, creators, and contractors worldwide. Last year, its revenue grew by over 400%, and it aims to achieve profitability by 2025. The company already supports cryptocurrency payments in USDC, USDT, Bitcoin, and Ethereum.

Character voices

Trump orders: All federal government agencies to immediately stop using Anthropic

US President Trump announced that he has instructed all US federal agencies to immediately cease using Anthropic's technology. Agencies already using Anthropic products will have a six-month phase-out period. He warned Anthropic that if it does not cooperate, he will use all presidential powers and face significant civil and criminal consequences.

Trump: Dissatisfied with negotiations with Iran

US President Trump stated that the US is dissatisfied with negotiations with Iran and has demanded that Iran halt uranium enrichment, but Iran has not given a satisfactory response. Trump also stated that he is not worried about the impact of an attack on Iran on oil prices.

Coinbase's legal chief criticized state regulators for misleading predictions about market regulation issues.

Ryan VanGrack, Coinbase's VP of Legal Affairs, stated that some U.S. state governments are "misleading the public" and misinterpreting federal law when restricting prediction market operations. He emphasized that the Commodity Exchange Act clearly grants the CFTC exclusive jurisdiction over the derivatives market, and that attempts by various states to exclude sports event contracts from the definition of derivatives lack legal basis. Placing the national derivatives market under a "hodgepodge of 50 different regulatory agencies" will harm market stability.

CZ's commentary on Block's layoffs: Either fully embrace AI or face being replaced.

Binance founder CZ commented on Block's massive layoffs and increased investment in its AI strategy, stating that companies that do not actively embrace artificial intelligence may ultimately face the risk of being replaced by technology.

The ETF Store President: Overall holdings of spot Bitcoin ETF investors are stable, with net inflows exceeding $1 billion in the past three days.

Nate Geraci, president of The ETF Store, stated that spot Bitcoin ETF investors' overall holdings have remained relatively stable during the recent Bitcoin price correction. Data shows that since Bitcoin hit its all-time high, spot Bitcoin ETFs have experienced a net outflow of approximately $6.5 billion, but this is relatively limited compared to the $55 billion net inflow attracted since January 2024. Over $1 billion in net inflows have been recorded in the past three days.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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