Odaily Planet Daily News According to the monitoring of on-chain analyst Yu Jin, a new address withdrew 10 million USDT from Bybit, then purchased 3655.6 ETH on the chain and immediately transferred it to Bybit. The average purchase price was 2,735 US dollars.

Odaily Planet Daily News Bitget CEO Gracy said in a Space about "Analysis of the Bybit Theft" that she took the initiative to communicate with Bybit CEO BEN and provided 40,000 ETH. The short-term liquidity provided did not require any collateral, interest rate, or any commitment. When Bybit no longer needs it, it can be transferred back. The current situation is that Bybit's liquidity has been perfected and no more support is needed. Bybit said that some liquidity providers need collateral.

null source: https://x.com/BTC_Archive/status/1893265391171866762

One of the two chatbots was a lot more specific and bullish on XRP's 2025 potential. source: https://cryptopotato.com/chatgpt-and-deepseek-analyze-ripples-xrp-price-potential-for-2025/

The post Crypto Market Hit Hard as $566 Million Liquidated After $1.4B Bybit Hack appeared first on Coinpedia Fintech News The crypto market took a hit as $566 million was liquidated in just one day. Major altcoins like XRP, Solana (Sol), Dogecoin (DOGE), & Shiba Inu (SHIB) all plunged into the red. The global crypto market cap also dropped by 2% now sitting at 3.17 trillion. This chaos... source: https://coinpedia.org/news/crypto-market-hit-hard-as-566-million-liquidated-after-1-4b-bybit-hack/

The SEC has officially closed its investigation into OpenSea, marking a major win for the NFT industry and signaling a potential shift in regulatory scrutiny toward crypto-related businesses. <p>The post SEC Drops OpenSea Probe—A Game-Changer for NFTs? first appeared on Ecoinimist.</p> source: https://ecoinimist.com/2025/02/22/sec-drops-probe-into-opensea/?utm_source=rss&utm_medium=rss&utm_campaign=sec-drops-probe-into-opensea

Billionaire investor Mike Novogratz has linked XRP's lasting presence in the digital currency market to its strong and dedicated community. source: https://www.cryptopolitan.com/billionaire-investor-credits-xrp-army/

According to Cointelegraph, U.S. President Donald Trump has proposed a plan to replace federal income taxes with tariffs, potentially saving the average American at least $134,809 over their lifetime. Research from accounting automation company Dancing Numbers suggests that these savings could increase to $325,561 per person if state-level wage-based income taxes are also eliminated. The states expected to benefit the most from this tax relief include New Jersey, New York, Connecticut, Illinois, and Massachusetts. Punit Jindal, founder of Dancing Numbers, indicated that Trump's plan might be preceded by a 20% 'DOGE Dividend' tax refund, which would provide immediate tax savings as a preliminary measure before a complete federal tax repeal. This initiative aims to offer minor tax relief and stimulate asset prices as investors reinvest their savings into the markets. Such tax cuts could also help counterbalance any potential increase in the cost of goods resulting from reciprocal trade tariffs and potential trade conflicts. President Trump initially proposed the idea of eliminating federal income tax in October 2024, suggesting that the revenue could be replaced by taxes on imported goods. During an appearance on the Joe Rogan Experience, Trump referenced the 19th-century U.S. economy, which was largely funded by tariffs before the establishment of permanent income taxes. In January 2025, Howard Lutnick, who was confirmed as commerce secretary in February 2025, supported the idea of replacing the Internal Revenue Service with an 'external revenue service.' Lutnick emphasized the historical success of tariffs in protecting American workers from unfair trade practices and criticized politicians for their fiscal management. The proposal has sparked discussions about its potential impact on the economy, with some experts suggesting that tax cuts could lead to increased market activity as individuals reinvest their savings. However, there are concerns about the possible rise in consumer goods prices due to trade tariffs, which could offset some of the benefits of the tax cuts. The plan remains a topic of debate as the administration considers its implementation and potential effects on the U.S. economy.

According to PANews, Web3 auditing firm Hacken, in collaboration with Bybit, has released an update on proof of reserves following a significant cyberattack that has heavily impacted the industry. Despite the attack, Bybit's reserves continue to exceed its liabilities. As the independent auditor for Bybit's proof of reserves, Hacken has confirmed that user funds remain fully supported. This indicates that Bybit possesses sufficient reserves to cover all user assets, maintaining its solvency while prioritizing security and transparency. In response, Bybit CEO Ben stated that Hacken's audit of their finances demonstrates their ability to compensate for customer losses using their own financial resources.

According to PANews, OpenSea CEO announced on Twitter that the U.S. Securities and Exchange Commission (SEC) is concluding its investigation into OpenSea. The CEO described this development as a victory for creators and builders in the field. He emphasized that categorizing NFTs as securities would be a setback, misinterpreting the law and hindering innovation.

Bybit, the second-largest cryptocurrency exchange by volume, said it lost nearly $1.5 billion in Friday’s hack

On February 22, 2025, AB DAO officially announced that AB tokens will be listed on BingX exchange in the near future, and an official announcement will be issued after the launch.

Suspicious fund outflows were detected on Bybit, amounting to as much as US$1.46 billion.

On February 21, the White House issued a presidential memorandum entitled "'America First' Investment Policy."

Cryptocurrency exchange Bybit disclosed that its Ethereum multi-signature cold wallet was subject to unauthorized activity, resulting in the theft of nearly $1.5 billion in ETH and stETH assets.

CryptoQuant CEO Ki Young Ju tweeted that the coin season has begun.

Golden Finance launches the 2609th issue of "Golden Morning 8" - a morning report on the cryptocurrency and blockchain industry, providing you with the latest and fastest news on the digital currency and blockchain industry.

Investors unknowingly fell into the capital harvesting trap of "celebrity + Meteora + big truck".

Meme as a way of issuing assets is no longer friendly to ordinary people. Any asset issuance method, including Binance's vote for PI retro, has the heavy task of innovating the deep-rooted problems at its birth, but without any exception, they have all changed.

SBF has begun to move clearly toward the Republican Party, criticizing the Biden administration and may be seeking amnesty.