ChainCatcher news, according to K33 Research data, the premium rate of the LEO token's market value relative to the market value of 75,700 Bitcoins has reached 41.82%, setting a recent high. K33 Research's research director Vetle Lunde pointed out that the market seems to be preparing for Bitfinex to recover 94,000 Bitcoins.According to the LEO token white paper, Bitfinex will use 80% of the Bitcoins (approximately 75,000) to repurchase and destroy LEO tokens within 18 months.Previous news, the U.S. government stated that the Bitcoins seized in the Bitfinex hacking incident should be returned in kind.

ChainCatcher news, the Bitfinex Alpha report shows that Bitcoin fell by 17.39% in February, marking the worst February performance since 2014 and the second worst February in history. Since hitting bottom after the FTX collapse in November 2022, Bitcoin bull market corrections have typically ranged between 18-22%, but February saw a correction of 28.3% from January's historical high of $109,590, making it one of the most significant corrections since the end of the bear market.On March 2, U.S. President Trump announced the establishment of the U.S. Crypto Reserve Program, triggering a strong market rebound, with Bitcoin rising 20% from recent lows and a single-day increase of over 12%. However, subsequent sell-offs pushed the Bitcoin price back down to around $92,000. Bitfinex analysts believe that macroeconomic conditions (including the performance of the S&P 500 index) will significantly impact Bitcoin's trajectory in the coming weeks before the details of the Crypto Reserve Program are announced.The report also points out that the U.S. economic situation is complex, with persistent inflation, declining consumer confidence, and slowing economic growth. January's personal consumption expenditure inflation data showed a year-over-year growth rate of 2.5%, exceeding the Federal Reserve's 2% target. Rising service costs and new import tariffs are expected to further affect the Federal Reserve's ability to adjust interest rates, reducing the likelihood of recent rate cuts.

ChainCatcher news, regulatory expert Amy Lynch stated that the U.S. Securities and Exchange Commission (SEC) may redefine the attributes of cryptocurrencies, with most tokens potentially classified as commodities, thus falling outside the SEC's jurisdiction. The SEC's lawsuit against Ripple Labs over the issuance of the XRP token has become a key indicator, as the SEC previously accused it of issuing unregistered securities. Importantly, this case is seen as a legal basis for classifying most cryptocurrencies as securities subject to SEC oversight.

ChainCatcher message, Slow Mist stated on platform X that the Safe contract is fine, but the issue lies in the non-contract part, where the front end has been tampered with and forged to achieve a deceptive effect. This is not an isolated case. North Korean hackers managed to compromise several companies last year, such as:WazirX 230M USDT Safe multi-signatureRadiant Capital 50M USDT Safe multi-signatureDMM 305M USDT Gonco multi-signatureThis type of attack method has matured in engineering. Other companies also need to pay more attention, as multi-signatures may have similar attack points beyond just Safe.

ChainCatcher news, according to Fox Business reporter Eleanor Terrett, the proceedings in the Ripple case are more complex compared to Coinbase. The reason is that Judge Torres has issued a $125 million fine at the district court level and will retain jurisdiction over the case until August 7, 2025.Even if the SEC chooses to withdraw its appeal in the Second Circuit, it will still need to reach a new agreement with the district court regarding the fine ruling and obtain Judge Torres's approval. A legal expert told Terrett that we are currently in "uncharted territory," and there is significant uncertainty regarding future developments.

ChainCatcher message, Coinbase CEO Brian Armstrong announced, "We have reached an agreement with SEC staff to dismiss their lawsuit against Coinbase. Once we receive approval from the commission (which we are told is expected next week), this will be a complete settlement with a payment of $0 in fines, and our business will remain unchanged."

ChainCatcher news, EigenLayer announces the redefinition of AVS (Active Verification Service) as "Autonomous Verifiable Service".EigenLayer stated that when it first introduced the concept of Active Verification Service (AVS) in February 2023, it intended to describe how EigenLayer ensures the correctness and security of services built in a decentralized environment. Currently, there is a better way to describe what AVS represents; "active verification" describes how these services are continuously monitored and verified to ensure they are functioning properly. The two key features of the autonomous verifiable framework are: autonomy and verification. The combination of autonomy and verifiability will be EigenLayer's uniqueness.EigenLayer further added that its implementation has no technical changes, but is simply an improvement in terminology to better reflect the potential of these services.

ChainCatcher news, Ethereum founder Vitalik Buterin responded to the question of whether "rollups are overall good for Ethereum or are they leeches, and whether ETH really needs these L2s." He stated that Ethereum currently adopts a hybrid L1 + L2 scaling solution, but it is still necessary to clearly define the transaction scope of both L1 and L2 layers.Vitalik indicated that moving all transactions to L2 could weaken ETH's position as a medium of exchange and a store of value, and cross-L2 operations would still rely on L1. At the same time, keeping all transactions on L1 is also not feasible, as it could lead to centralization and fail to meet the ever-growing demand for on-chain transactions. It is essential to find an appropriate balance between these two extremes to provide users with the optimal solution.

ChainCatcher news, according to Coinglass data, showed that in the past week, 7102.08 bitcoins flowed into the Bitfinex exchange, while the Binance wallet saw an outflow of 172.54 bitcoins in the past 7 days, and the OKX wallet had an outflow of 463.03 bitcoins in the past 7 days.

ChainCatcher message, according to Whale Alert monitoring, about 15 minutes ago, 36,600 ETH was transferred from Bitfinex to Binance, worth $96,383,692.

ChainCatcher news, according to Whale Alert monitoring, a transaction totaling 150 million USDT (approximately 150.08 million USD) was transferred from Bitfinex exchange to Tether Treasury.

ChainCatcher news, according to on-chain analysis platform Whale Alert, Bitfinex exchange transferred 20,000 Ethereum (ETH) to an unknown wallet address, worth approximately $54.085 million.

ChainCatcher message, Binance founder Changpeng Zhao tweeted, "BNB Chain has been shackled for too long, it's time to break free."

ChainCatcher news, according to Cointelegraph, the hacker Eric Council Jr., who is suspected of hacking the U.S. SEC's social media accounts and posting content, may face a $50,000 fine in a plea agreement.It is reported that U.S. law enforcement has offered him a plea agreement requiring him to pay $50,000 of his "personal income."In January 2024, Council gained control of the U.S. Securities and Exchange Commission (SEC)'s X account through a SIM swap attack and subsequently posted false information claiming that SEC Chairman Gary Gensler approved a Bitcoin spot ETF.

ChainCatcher message, according to Whale Alert monitoring, 1000 BTC ($98,073,897) was transferred from Kraken to Bitfinex.

ChainCatcher news, Bitfinex released a report indicating that the price of Bitcoin has stagnated in the range of $91,000 to $102,000, entering a consolidation phase that has lasted for over 75 days. However, this prolonged range-bound movement reflects the increasing maturity of Bitcoin as an asset, with its annualized real volatility having dropped to historical lows.Nevertheless, Bitcoin remains sensitive to macroeconomic developments, particularly when Trump announced tariffs against Mexico and Canada, leading to a significant price drop. Recent trends suggest that BTC is increasingly being viewed as a risk asset rather than merely a store of value. Its correlation with the S&P 500 remains strong, while its correlation with gold has weakened.Bitfinex expects the range-bound movement of Bitcoin to continue in the near term, potentially facing downward pressure if macroeconomic conditions worsen. However, despite gold's continued rise and changing institutional sentiment towards Bitcoin, the narrative of Bitcoin as a store of value remains intact in the long run.

ChainCatcher News, the U.S. Commodity Futures Trading Commission (CFTC) announced that a U.S. federal court has ordered the Brazilian founders of the illegal cryptocurrency investment platform EmpiresX to pay over $130 million in fines and restitution.On February 4, U.S. District Judge Cecilia Altonaga for the Southern District of Florida imposed a permanent injunction, financial penalties, and other legal actions against EmpiresX founders Emerson Pires, Flavio Goncalves, and their partner Joshua Nicholas.According to court documents, Empires Consulting operated a fraudulent investment scheme called EmpiresX, which falsely promised high returns to investors. Pires and Goncalves are accused of obtaining at least $40 million from victims through deceptive cryptocurrency advertisements.

ChainCatcher news, Bitfinex analysts stated in a recent market report that Bitcoin's trend may undergo a decisive change, "especially as more macroeconomic developments unfold."They pointed out that since mid-November last year, when it hovered around $90,000, Bitcoin has been trading within a 15% price range. Historically, a 15-20% consolidated price range tends to "break out in either direction within 80-90 days."It was noted that although Bitcoin is "highly correlated" with macro conditions, and U.S. President Trump’s tariffs on Canada, Mexico, and China have caused turmoil in the cryptocurrency market, Bitcoin has recently managed to stay above approximately $70,000 ahead of the U.S. elections, indicating the relative strength of the asset.Trump's tariff policy led to "the largest liquidation event in cryptocurrency history" on February 3, with over $2.24 billion in liquidations within 24 hours.Analysts added that "while Bitcoin's short-term volatility may persist due to macroeconomic influences, its long-term outlook remains optimistic."

ChainCatcher news, according to Cointelegraph, the cryptocurrency exchange Bybit has completed registration with India's financial regulators and paid a fine of approximately $1.06 million. Bybit expects to obtain a full operating license in the coming weeks, officially launching compliant operations in the Indian market.