ChainCatcher message, GMGN announced on X platform that a database upgrade will take place on February 27 at 10:30 AM Beijing time, expected to last for 10 minutes. During this period, GMGN website, APP, and TG Bot services will be temporarily unresponsive. This upgrade does not involve the private key data of the TG Bot, and users' assets remain secure.In addition, automated trading such as copy trading and limit orders will not be executed automatically, and users need to close their orders in advance.

ChainCatcher news, according to The Crypto Basic, the price of Bitcoin fell to around $86,000 on Tuesday, marking the lowest level since November last year, down more than 20% from the historical high in January. As market risk aversion increases, the anticipated surge in cryptocurrency due to Trump's presidency has not materialized. Data from JPMorgan shows that cryptocurrency ETFs saw an outflow of $544 million last week, indicating that pessimism is spreading in the market.Geoff Kendrick, head of digital asset research at Standard Chartered Bank, warned: "Bitcoin may experience more downward trends, with a further correction of 10%. Don't rush to buy the dip. Although Bitcoin has remained above $90,000 supported by optimistic sentiment for cryptocurrencies under the Trump administration, the appeal of cryptocurrencies has been weakened as the president's promises have not been fulfilled and macroeconomic uncertainties rise."

ChainCatcher message, Binance responded to the "SMS phishing attack" incident, stating, "SMS Spoofing is a common attack method and not a new hacking technique, nor is it targeted specifically at Binance or the cryptocurrency industry. Attackers modify the sender's identity to make the SMS appear to come from a trusted source. In some countries or regions, the mechanisms for achieving this disguise remain in a legal gray area, increasing the difficulty of addressing this attack method in the security field. Binance plans to launch a new security feature to help users verify the authenticity of SMS messages."Previously, SlowMist's Chief Information Security Officer @im23pds stated that there has been a recent increase in SMS phishing attacks targeting Binance users, with phishing messages appearing in the conversation thread of official Binance SMS, alongside genuine official messages in the same context, sharing the same channel.

ChainCatcher message, Binance co-founder Zhao Changpeng posted on X stating that there is no need to panic, Bitcoin will not disappear.

ChainCatcher news, Dragonfly investor GM shared some thoughts on blockchain development at the Denver event. He mentioned that the performance demands of the blockchain space are elastic, and scalability remains a topic of ongoing concern in the industry, with the future launch of EVM being highly anticipated. Additionally, he pointed out that differentiated functional blockchain space is another important direction, such as native interoperability, more complex operations (like ML precompiles), and the exploration of function-specific chains.He also noted that geographically dominated frontends are on the rise, with significant differences in popular memecoin trading tools in regions like Asia and the United States, and the potential of localized frontends is underestimated. At the same time, he reexamined the beauty of Bitcoin's design, especially the dynamics of miner competition, which is relatively lacking in modern PoS networks.On the application level, he mentioned that a new wave of applications based on mental share and social metrics is emerging, such as Kaito unlocking a new battlefield. He also discussed the possibility of venture capital financing and reintroducing crowdfunding models.

ChainCatcher news, Jupiter founder meow revealed in a post that the project has undergone a series of recruitment and acquisition activities over the past year, including two undisclosed acquisitions. meow stated that Jupiter will establish the Litterbox Trust, committing to programmatically transfer 50% of the protocol's revenue to the trust over the next two years for the strategic accumulation of JUP tokens.Additionally, meow proposed the "2030 Proposal," planning to use his entire allocation (280 million JUP) to provide JUP incentives for new team members, while he himself will only receive 500 million JUP from the community reserve in 2030 (including 220 million JUP in rewards). If the community is dissatisfied with his performance, the DAO can veto this reward. meow also announced a comprehensive audit of the founders and project funds, with assistance from @wassielawyer in selecting the auditing party, and the audit results will be published on the upcoming jup.com website.

According to ChainCatcher news and Arkham data, Trump's crypto project WLFI has not increased its holdings of any tokens in the past 5 days. Currently, its address holds stablecoins including 25.6 million USDC, 11.37 million USDT, and 5.01 million AETHUSDC.Previous report, on February 20, Trump's crypto project World Liberty Finance spent 125,000 USDC to purchase 548,000 SEI.

ChainCatcher message, Slow Mist Yu Xian posted on platform X that Bybit's bounty website targeting the Lazarus Group is quite interesting.A few days ago, Bybit was hacked, and the stolen funds were worth about 1.5 billion USD at the time. 10% of the recovered bounty, 5% to the entity that successfully froze the funds, and 5% to contributors who helped track the funds. If a certain entity cannot receive more than 5% of the money laundering cut, they could completely turn against it.

ChainCatcher news, according to the official announcement from Upbit, has clarified and provided factual explanations regarding some inaccurate information in the Financial Intelligence Unit (FIU) disclosure about the sanctions on Doonamu.Upbit stated that the claim of "30,000 fake IDs (including hand-drawn IDs) passing through the KYC system" is not true. The so-called hand-drawn IDs were internal test cases conducted by employees to test the performance of the image character recognition system (OCR), not real KYC cases, and the authorities have confirmed this and excluded it from violations.Additionally, Upbit emphasized that its KYC process includes mobile authentication, 1 KRW authentication, and submission of identification documents, and will require resubmission for insufficient identification documents. The announcement pointed out that among the four violation cases disclosed by the FIU, three have completed transactions by supplementing identification documents, while the other could not proceed due to the lack of normal identification documents and no transaction records.Regarding unreported transactions from virtual asset exchanges, Upbit stated that according to the Specific Financial Information Act, it has restricted withdrawal transactions with 23 unreported exchanges (such as MexC and Kucoin), totaling 227,115 related withdrawals.Upbit will further clarify the relevant facts through established procedures.

ChainCatcher news, Slow Mist founder Yu Xian posted on social media that the theft of 12,000 ETH last year was carried out by the Eastern European hacker group Inferno Drainer, not North Korean hackers. The money laundering methods have some overlap with North Korean hackers, making it very difficult to recover the funds.

ChainCatcher news, Tether CEO Paolo Ardoino posted on the X platform stating that USDT is the most successful tool for dollar hegemony and emerging market distribution. Over the past decade, Tether has built the most extensive physical and digital distribution network, from thousands of self-service terminals in Africa and South America to digital remittance platforms, from payment backbones to institutional tools.Our team and portfolio companies work on the ground every day in countless regions of developing countries, helping communities increase the utilization, trust, and education level of USDT, thereby impacting the U.S. economy. This is how USDT currently helps over 400 million people and grows at a rate of 35 million new wallets per quarter, with a focus on developing countries, while strengthening the dollar and holding over $115 billion in U.S. Treasury bonds, making Tether the 18th largest holder of U.S. debt.While competitors' business models should focus on creating better products and larger distribution networks, their true intention is to "eliminate Tether." Every business or political meeting they hold has this goal as the ultimate aim. While this may seem exaggerated, it is the truth.For a competitor trying to use legal means to kill off rivals instead of focusing on better products, Tether will not sit idly by. Tether will not allow these attacks to succeed, nor can it permit such a situation to occur. Tether will steadfastly protect the hundreds of millions globally who have been left behind by the traditional financial system, helping them access dollars through USDT.

ChainCatcher news, according to Sing Tao Daily, Joy Lam, the Head of Compliance and Legal Affairs for Binance in the Asia-Pacific region, stated in a recent interview that Hong Kong's regulatory framework for virtual assets is relatively cautious and is moving in the right direction. He suggested that further relaxation of restrictions could allow more virtual asset products and services to enter the local market while ensuring the protection of investors' rights.However, he did not directly respond to market concerns about whether Binance intends to return to the U.S. market or enter the Hong Kong market, only emphasizing that the Asia-Pacific region is the engine of global economic growth and that the local cryptocurrency usage rate is relatively high. He hopes to participate in and support the development of the local virtual asset market in different ways.

ChainCatcher message, in response to the introduction of cross-coin OCO order functionality on the exchange on platform X, stated that applying cross-coin OCO orders in CEX is actually not easy, as it requires a trade-off between performance and execution guarantee. Meanwhile, introducing this feature in DEX/cross-chain bridges seems to be even more challenging. (Note: OCO order, One Cancels the Other Order, allows traders to place two orders simultaneously, combining a limit order and a limit stop-loss order, but only one can be executed.)

ChainCatcher news, according to a post by Lin, the Asia Pacific Business Head of Deribit, "The annualized BTC basis is still at 8%, and with leverage, the returns can still hold; it's not yet time for traditional arbitrage funds to exit."

ChainCatcher news, Bybit CEO Ben Zhou stated on social media, "User liquidations do not mean that the trading platform is profitable. Bybit ranks first in the 24-hour liquidation amount because we provide completely transparent data about liquidations."

ChainCatcher news, CryptoQuant CEO Ki Young Ju posted on social media, "Altcoins expected to perform well in 2025: 1. Potential ETF approvals; 2. Sustainable attention drivers; 3. Revenue-generating projects. The era of all crypto assets rising is over. It is now a selective altcoin season ------ most altcoins will not succeed."

ChainCatcher news, Michael Saylor announced on the X platform that the Strategy has completed the issuance of $2 billion in convertible notes, with a coupon rate of 0%, a premium of 35%, and an implied exercise price of approximately $433.43.

ChainCatcher message, KIP Protocol released a statement regarding the $LIBRA token, clarifying KIP Protocol's role in the event:KIP did not initiate the Libra project or the Viva La Libertad project.KIP was invited to assist in managing the financing plan for small and medium-sized enterprises in Argentina.KIP did not participate in the token issuance.KIP did not profit in any way from the token issuance.KIP has no prior or ongoing relationship with President Javier Milei.KIP stated that it will continue to work with all relevant parties to address any misunderstandings and is prepared to take necessary legal action to protect its reputation from further unfounded accusations.

ChainCatcher message, Infini founder Christian tweeted: "A friend joked before that my journey has been too smooth, and I said I was always ready to face the first disaster. I didn't expect that after bybit, the next incident would be myself. The personal private key was not leaked; it was a negligence during the transfer of permissions. Ultimately, it is my own responsibility, and this has sounded the alarm. Currently, there are no issues with liquidity, and we can make full compensation. We are investigating the funds."