According to ChainCatcher news reported by The Block, Bitcoin investment company Strategy (formerly MicroStrategy) submitted its 10-K annual report on February 18, showing a net loss for the fiscal year 2024 due to a $1.79 billion impairment loss on digital assets. The company warned that if the market value of Bitcoin declines significantly, it may not be able to return to profitability in future periods and may affect its ability to meet financial obligations.Additionally, as the company adopts the new FASB fair value accounting rules starting January 1, 2025, Strategy warned that, under the Inflation Reduction Act, the unrealized fair value gains on its Bitcoin holdings may be subject to a 15% corporate minimum alternative tax (CAMT). Unless the Inflation Reduction Act is amended or provides tax relief, the company may face significant cash expenditure obligations starting in 2026, which would have a substantial impact on its financial condition.

ChainCatcher news, according to Jinshi reports, a U.S. judge ruled that Musk's team can access the U.S. Department of Education's system.

ChainCatcher message, economist Peter Schiff posted on the X platform that anyone who thinks there are many similarities between Bitcoin and gold knows nothing about gold.

ChainCatcher news, Zhu Su, co-founder of Three Arrows Capital (3AC), pointed out in a post that during the last bull market, many large market makers took on principal risk, adopting a hybrid venture capital and market-making strategy. In this bull market, the market makers that have successfully survived mainly rely on zero-risk strategies and maximizing value extraction.This viewpoint stems from discussions about the LIBRA market maker incident, where community members pointed out that Kelsier Ventures essentially confirmed that the main job of market makers like Wintermute is to maximize value extraction and let token prices fall. "At least some other market makers would still do some price pumping, but for some reason, the project team thinks hiring Kelsier to let their tokens only drop is a good idea."

ChainCatcher news, according to on-chain analyst Lookonchain's monitoring, a wallet address made a profit of 7.32 million dollars in TRUMP token transactions, but incurred losses of 617,000 dollars and 1.76 million dollars in MELANIA and LIBRA token transactions, respectively.The address experienced losses in both of its transactions involving LIBRA tokens. Specifically, three days ago, the address invested 1.7 million dollars to purchase LIBRA tokens, selling them for 136,000 dollars, resulting in a loss of 1.56 million dollars.After Argentine President Javier Milei retweeted a post related to the purchase of LIBRA tokens, the address invested another 300,000 dollars to buy LIBRA, subsequently incurring a loss of 200,000 dollars.

According to ChainCatcher news, on-chain analyst Yu Jin has monitored that a whale/institutional investor operating through the address goofyahh.sol has accumulated profits of over 99 million dollars in TRUMP and LIBRA token trades.The investor previously purchased 5.971 million TRUMP tokens at a price of 0.18 dollars, with a total investment of 1.096 million dollars, and then gradually sold them through 11 different addresses, making a profit of approximately 96.87 million dollars.In recent days, the investor has also made a profit of 2.15 million dollars through LIBRA token trades.

ChainCatcher news, the EVM-compatible Layer 1 network Monad officially announced that the testnet will go live on February 19, 2025.

ChainCatcher news, according to Cointelegraph, Australian police recently dismantled a criminal group targeting cryptocurrency ATMs and collectible card shops in Melbourne, seizing a large amount of stolen items, including firearms, car keys, pill presses, and power tools, as well as collectible cards worth tens of thousands of dollars, such as Pokémon, Yu-Gi-Oh!, and Magic: The Gathering.Four men were arrested in connection with the criminal activities, one of whom faces 14 charges including theft and possession of prohibited firearms, and is scheduled to appear in court on May 2; another man is charged with five counts of commercial theft and is set to appear in court on February 21. The other two have been released, pending further investigation.

ChainCatcher news, according to Polymarket data, Argentine President Javier Milei is facing significant political backlash due to the failure of the LIBRA project. Currently, there is a 20% chance that he will lose the presidency within this year, and this probability is rising.

ChainCatcher news, Binance co-founder He Yi posted on platform X in response to "rumors since last year that Binance is selling a portion of its shares to BlackRock and other institutions." She stated: "Previously, it was all behind-the-scenes whispers, but now someone has finally brought it to the table. Can I respond? We can initiate a vote to see how many people understand it as Binance bringing in strategic partners as a positive, or if it's understood as a negative like yesterday's little essay suggesting we sold to the next Huobi."

ChainCatcher news, DAO launch platform daos.fun core member baoskee published an article proposing an innovative financing model. He pointed out that currently, crypto projects generally adopt the traditional VC model where private placements precede public offerings. If this order is adjusted to public offerings first and private placements second, it could bring new advantages to projects: on one hand, it ensures allocation opportunities for large investors, and on the other hand, project parties can more selectively introduce strategically significant investors and optimize the investment structure through token vesting design.

ChainCatcher message, YouTube reporter Coffeezilla (@coffeebreak_YT) posted on X: "In this LIBRA interview, their team admitted to shorting their own token."

ChainCatcher news, according to TASS, the lawyer of former BTC-e operator Alexander Vinnik, Arkady Bukh, confirmed that after his release last week, the U.S. has "dropped" the case against Vinnik, and the Northern District Court of California has confirmed that it will dismiss all charges against Vinnik.Previous news, according to The New York Times, as part of a swap with Russia, the U.S. will release Russian cybercrime suspect Alexander Vinnik in exchange for the release of American citizen Marc Fogel. Vinnik previously operated BTC-e, which was one of the largest cryptocurrency exchanges in the world.He was arrested in 2017 and detained at the request of Washington for allegedly laundering $4 billion through the platform. In May of this year, he pleaded guilty to conspiracy to commit money laundering and faces 20 years in prison.

ChainCatcher news, according to blockchain data analysis company Bubblemaps, has revealed that by analyzing cross-chain transfer records and timing patterns, it is confident that the recent controversial project Libra is operated by the same team behind the previous Melania token.On-chain data shows that address 0xcEA not only participated in the creation of the Melania token but also provided funding support for Libra token creator DEfcyK. This address conducted "front-running" trades on the Libra token through multiple associated wallets, earning a profit of 6 million dollars from this alone. Meanwhile, the Libra project team has withdrawn 87 million dollars in USDC and SOL from the liquidity pool.Bubblemaps further disclosed that this team is also linked to several suspected "pump and dump" projects, including tokens such as TRUST, KACY, VIBES, and HOOD. Currently, the related investigation is still ongoing.

ChainCatcher news, Bartool Sports founder Dave Portnoy revealed new details about the launch of the LIBRA token project, which has put Argentine President Javier Milei in a difficult position and sparked calls from political opponents for impeachment proceedings. Portnoy stated on X Space on Sunday that he is prepared to join the project as an advisor and purchased tokens at the project's launch, but later returned approximately 6 million tokens after project advisor Hayden Davis told him not to disclose the gift.Before the X Space event, Davis released his own account of the incident on Saturday night. Davis posted a video and a statement on X to defend his actions and announced that he would use funds collected from "fees, liquidity mining, and other actions" to buy back and destroy the tokens.

ChainCatcher news, as reported by Cointelegraph, Strategy (formerly MicroStrategy) founder Michael Saylor stated in a video interview, "The U.S. should acquire 20% of the total supply of Bitcoin."