Daily Report ｜Data: FTX/Alameda currently holds nearly $1.2 billion in crypto assets; photos of SBF during pre-trial detention have been exposed, showing a frail figure that is drastically different from before

Organizer: Luan Peng, ChainCatcher

"What important events have occurred in the past 24 hours"

1. Data: FTX/Alameda currently holds nearly $1.2 billion in crypto assets
According to ChainCatcher, as reported by Lookonchain, the total asset value held by FTX/Alameda has reached $1.19 billion. Some of the assets include:

• 266.84 million FTT tokens, valued at approximately $482.98 million
• 25 million WLD tokens, valued at approximately $168 million
• 105.47 million BIT tokens, valued at approximately $83.33 million
• 1,500 bitcoins, valued at approximately $77.64 million
• 104.02 million STG tokens, valued at approximately $71.36 million
• 119 million BOBA tokens, valued at approximately $63.52 million (source link)

2. Ministry of National Security: Some foreign map companies lure domestic personnel to illegally collect sensitive geospatial information data with cryptocurrency rewards

According to ChainCatcher, the Chinese Ministry of National Security stated today that national security agencies have discovered that some foreign map companies use the method of exchanging map data collection for cryptocurrency rewards to lure domestic personnel into purchasing and using specialized equipment for map "check-ins," illegally collecting sensitive geospatial information data and uploading it in real-time to foreign servers. They even offer high rewards for specific areas to attract "collectors" for targeted collection. Some domestic personnel, lacking national security awareness, are tempted by the prospect of earning money through map check-ins and unwittingly become accomplices in the illegal collection and theft of geospatial data by malicious foreign companies.

National security agencies, in conjunction with relevant functional departments, will investigate and deal with domestic and foreign personnel and companies that collect and steal sensitive geospatial information data from China, promptly blocking the illegal outflow of related data and eliminating the risk of data leakage. (source link)
3. Photos of SBF during pre-trial detention exposed, showing a frail figure compared to before

According to ChainCatcher, crypto KOL Tiffany Fong exposed the first photo of Sam Bankman-Fried (SBF) during his pre-trial detention at the Brooklyn Metropolitan Detention Center (MDC) on social media. The photo was taken on December 17, 2023, showing a frail Bankman-Fried (second from the right) with disheveled hair and beard, looking completely different from before. Fox Business reporter Eleanor Terrett commented, "He looks like he just arrived from another planet."

Tiffany Fong also uploaded previously unreleased interview clips with former Bloods gang member G Lock, in which Fong said, "He (SBF) obviously looks thinner; I heard he doesn't shower much anymore. His beard isn't as neatly shaved as before, but he has clearly been through a lot." G Lock described SBF as "weird," but admitted that SBF is a "good person." G Lock stated that SBF has not had a hard time in prison and added that SBF has not suffered any serious violence or intimidation during his detention at MDC.

G Lock believes SBF is "more like a gangster" than American rapper Tekashi Six Nine, because unlike Tekashi Six Nine, SBF has never "snitched" on anyone while in prison.

Earlier reports indicated that crypto KOL Tiffany Fong interviewed former MDC inmate Gene Borrello, who revealed that Sam Bankman-Fried (SBF) became a target for extortion during his pre-trial detention at MDC due to his timid nature and "80-year-old physique." (source link)

4. Binance to list Starknet token STRK at 21:00 tonight
According to ChainCatcher, Binance will list the Starknet token STRK at 21:00 on February 20 and will add a seed tag for it.

The STRK deposit channel is now open, and spot trading pairs STRK/BTC, STRK/USDT, STRK/FDUSD, and STRK/TRY will be launched subsequently. (source link)

"What are some noteworthy articles to read in the past 24 hours"

1. “The End of the Ethereum Rollup War, DA Track Smokes Rising”

Everything is modular; Ethereum is self-modularizing, Bitcoin is being modularized.

The narrative stopped after the Rollup token issuance, and the narrative economics shifted to the DA layer/chain.

Legitimacy and universality became the banners, but in reality, transaction fees and token issuance are key.

With the StarkNet airdrop as a marker, the competition of Ethereum Rollups has come to an end, and it's time to talk about DA. In my view, the term Data Availability (DA) is an incomplete expression, lacking a clear subject and predicate, merely describing the importance of transaction data transmission to the execution layer. Furthermore, the DA mechanism involves the fundamental operating principles of blockchain, which I have detailed in my Rune article using Bitcoin as an example.

2. “Understanding the Basic Logic and Legal Risks of the DePIN Track”

With the advancement of technology, the development of digital and decentralized technologies has accelerated the interaction and integration between the real world and the virtual world, while also bringing about a redistribution of power, control, and data ownership.

In this context, Decentralized Physical Infrastructure Networks (DePIN) have emerged, providing us with a new perspective on the interaction between the real world and the virtual world. According to Messrai, the entire track is currently valued at around $9 billion and is expected to grow to $35 trillion by 2028. Whether it’s the early Arweave and Filecoin, the recently soaring Helium, or the recently spotlighted Render Network, they all belong to this field.

The DePIN track is one of the most promising areas in the Web 3.0 domain, attracting significant attention in recent years and is likely to create economic value in the short term. Our team has written this article to discuss the basic logic, development prospects, and legal risks faced by the DePIN track.

3. “Locking in Profits: How to Properly Take Profits in a Crypto Bull Market?”

Many people made a lot of money in the last bull market, but what really matters is not how much you made.

It’s how much of your profits you can keep when the inevitable bear market arrives.

Many who succeeded in the last cycle ultimately lost all their profits due to greed, fear of missing out on potential future gains, or poor exit strategies.

In light of this, today I will share my cryptocurrency profit-taking strategy to maximize my profits during the bull market.