ChainCatcher message, Slow Mist Yu Xian posted on platform X: "Give mETH Protocol a thumbs up, intervene in the review in a timely manner, and recover the 15,000 cmETH stolen from Bybit. At this time, the majority of people are applauding such reviews or interventions.mETH Protocol is still not well understood, but another interesting example of security balance design can be cited: Renzo's ezETH contract has issues with excessive permissions, such as being upgradable, and being able to mint/burn, etc. However, the Owner is multi-sig and has a Timelocker of 7 days, and has implemented a proposal mode. Therefore, if ezETH intends to act maliciously, timely detection allows everyone a 7-day buffer to make a choice. This kind of security balance model is quite mature in the Ethereum ecosystem."

ChainCatcher message, Greeks.Live macro researcher Adam released an English community briefing on the X platform, disclosing that despite the Bybit $1.5 billion Ethereum theft incident, market sentiment remains cautiously optimistic, with traders believing this is just a temporary setback. The group consensus will focus on $95,000 to $96,000 as a key support level, expecting a mean reversion upward, but there are some divergences regarding the price trend over the weekend.The market believes the impact of this hacking incident is manageable. Binance and Bitget provided emergency liquidity support by depositing 50,000 Ethereum, and traders are actively selling low volatility options (29% volatility), indicating limited concern about further declines.

ChainCatcher news, Zhu Su posted on social media that a large number of traders opened short positions in panic over the theft on Bybit, and now ETH finally has the opportunity to reach a new all-time high (short squeeze).

ChainCatcher message, Santiment posted on the X platform that due to the Bybit hack causing a stir in the crypto space, along with concerning news this week regarding LIBRA and other contributing factors, the crowd is exhibiting extreme fear as Bitcoin plummets.According to sentiment scores, the negative sentiment in the crypto community is similar to the situation before the price rebound on February 17 and 18. While nothing is certain, and a major exchange hack could have a lasting impact on the crowd's perception, remember that the market almost always moves in the opposite direction of retail traders' expectations.

ChainCatcher message, Bybit CEO Ben Zhou shared in a live broadcast: "All products and services are operating as usual. We will not stop withdrawals at this time, and we are still processing withdrawals."

ChainCatcher news, according to CoinDesk, the U.S. SEC is about to withdraw its lawsuit against Coinbase. This move could not only boost the market sentiment for cryptocurrencies previously labeled as securities but also bring benefits to trading platforms like Robinhood (HOOD).In June 2023, Robinhood was forced to delist several tokens that were accused of being securities by the SEC, but after Trump won the presidential election, the platform has re-listed some tokens, including Solana (SOL). The SEC's withdrawal of the lawsuit will reduce the regulatory risks for trading platforms when listing new tokens, potentially increasing their trading revenue.According to market data, the top five tokens accused of being securities by market capitalization include BNB, SOL, ADA, TRX, and TON. Additionally, several cryptocurrency companies, including Blockchain.com, BitGo, and Gemini, are considering going public (IPO) in the U.S.

ChainCatcher news, Binance Square has launched a new "Real Trading Data" feature aimed at enhancing the credibility of content creators on the Square platform and community trust. This feature allows content creators to display their asset distribution, profit and loss ratios, and trading characteristic badges after activation, helping users choose trustworthy content creators based on real trading data. This feature is only visible to the followers of the content creators, further enhancing the platform's interactivity, content quality, and ability to engage in real-time market discussions.Binance co-founder He Yi stated, "The 'Activate Real Trading Data' feature on Binance Square makes the trading community more transparent. I also participated in the product testing of this feature and disclosed my position, which is 89% BNB. This shows my personal confidence in BNB and demonstrates how users can verify their portfolios and trading insights through real data, enabling trustworthy and user-centered interactions."

ChainCatcher news, according to the official announcement from Huobi HTX, Huobi HTX will officially launch the "Tron Ecosystem" limited-time trading carnival today at 19:00 (UTC+8). Users can share a reward pool of 5,305,000,000 $HTX, with a total value of 10,000 USDT, by trading TRX, SUNDOG, SUNCAT, SUN, and JST tokens.The event will last until March 3rd at 19:00 (UTC+8), for a duration of 10 days. During the event, the spot trading volume will be ranked by currency, and leveraged trading (TRX/USDT, SUNDOG/USDT, SUNCAT/USDT, SUN/USDT, JST/USDT) will be counted as three times the total trading volume.The 1st to 3rd places will exclusively receive rewards of 265,200,000, 160,000,000, and 100,000,000 $HTX respectively. Users with a trading volume of ≥20 USDT can share the remaining 4,779,800,000 $HTX based on their trading volume proportion. During the preheating period of the event, Tron ecosystem tokens generally rose, with SUNDOG experiencing a daily increase of 22.34%.

ChainCatcher news, according to Lin, the head of Asia-Pacific business at Deribit, the Ethereum options market saw large trades today. A trader reduced their position by buying call options with a strike price of $3,000 expiring at the end of March while simultaneously selling call options with a strike price of $4,000 for the same period, with a unilateral trading volume of 3,500 ETH and paying a premium of $382,000.

ChainCatcher message, MEXC Innovation Zone launched PAIN (PAIN) at 09:05 (UTC+8) on February 20, and opened the PAIN/USDT trading market. This token will enable MEXC Flash Exchange at 18:00 (UTC+8) on the 21st, allowing for seamless and instant exchanges with other assets.At 09:23 (UTC+8) on February 20, the PAINUSDT contract was launched, supporting leverage of 1-50 times, with both full and isolated margin modes.

ChainCatcher news, according to market news, DeepSeek is considering external financing for the first time.

ChainCatcher news, according to Jinshi reports, the spot gold price has reached a new historical high after a week, currently reported at 2946 USD/ounce.ANZ research report points out that as the market focus returns to the uncertain economic backdrop, gold prices are rising. The risk of a full-blown trade war is very high, which has stimulated investor demand for safe-haven assets such as gold.

ChainCatcher news, according to official sources, Trump and Musk will have an exclusive joint interview on Fox News, which is expected to air on February 19 at 10 AM Beijing time. This interview will be broadcast exclusively on the Fox News channel.

ChainCatcher news, Santiment posted on X that currently, the average fee for Ethereum transfers is only $0.41, while the highest point in the past two years was $15.21. When Ethereum transaction fees are low, it usually means the network is not overly congested. When users transfer ETH or tokens without having to pay high fees, it is often a good sign for mid-term and long-term price prospects.Traders believe that these low fee levels typically occur when prices are seen as "low" or "bearish." These reduced costs make it easier for new buyers to enter the market.On the other hand, when fees are high, it usually means there is a lot of activity on the network. This often happens when ETH prices are rising rapidly, as more and more people rush to trade or use Ethereum-based applications. Just as extremely high fees can sometimes deter traders or lead to short-term corrections, extremely low fees (like we are seeing now) often incentivize users to return and elevate the network's utility to prosperous levels.

ChainCatcher news, ANZ Bank stated that it expects the Reserve Bank of New Zealand to be more cautious after the rate cut on Wednesday. Chief Economist Sharon Zollner said, "This may be the last time we cut by 50 basis points."However, considering that the Reserve Bank of New Zealand's central estimate for the neutral interest rate is 3%, the risk of the policy rate bottoming out tends to be below our forecast of 3.5%. "The tone of the policy statement is expected to reflect a moderate confidence in inflation while acknowledging the upside risks to overall inflation." Due to unexpected GDP, the interest rate trajectory may decline, but considering the mixed signals from capacity indicators, along with the offsetting effects of the New Zealand dollar depreciation and rising export prices, we expect the overall trajectory will not change significantly.

According to ChainCatcher news, a research report released by Consensus indicates that the cryptocurrency adoption rate in the Asian market has reached 22%, which is about three times the global average (7.8%).Michael Lau, Chairman of Consensus Hong Kong, stated that the Asian market's significant position in the blockchain and cryptocurrency sector is growing day by day. Hong Kong, in particular, has vast development prospects in digital assets and Web3. As an international financial center, it is crucial for citizens to engage with virtual assets and explore how to connect Hong Kong dollar stablecoins with a broad banking ecosystem.

ChainCatcher news, the cryptocurrency market research firm Santiment has released a chart report: Ethereum has shown signs of a mild rebound, rising to $2,745, with gains this week exceeding most altcoins. In the long term, ETH continues to be withdrawn from exchanges to cold wallets at an astonishing rate, with 0.83% of the entire ETH supply withdrawn from exchanges in the past two weeks, leaving only 6.38% of the available supply on platforms (the lowest level since inception).Meanwhile, in February, the crypto community has shown renewed interest in Ethereum. Although ETH has underperformed significantly compared to large-cap tokens in 2024, the community has begun to anticipate a significant rebound for ETH when the entire market starts to recover.

ChainCatcher news, the Reserve Bank of Australia has lowered the benchmark interest rate by 25 basis points to 4.10%, marking the first rate cut since November 2020 and the lowest level since October 2023, in line with market expectations.

ChainCatcher news, Santiment posted on X that ETH has shown signs of a mild rebound, with the current market price rising to $2,745, outperforming most altcoins at the beginning of this week.In the long term, ETH continues to be transferred from exchanges to cold wallets at an astonishing rate, with the available supply on exchanges accounting for only 6.38% (the lowest level since inception).Meanwhile, the community has shown renewed interest in ETH in February. After underperforming compared to other high market cap coins in 2024, people are starting to anticipate a rebound for ETH when the market fully recovers.

ChainCatcher news, the AI-driven investment research and trading platform SoSoValue officially announced the application scenarios of the $SOSO token at the SoSoValue VIP Cocktail Hour event in Hong Kong. Users staking SOSO will be able to enjoy multiple benefits, including increased S2 mining rewards, eligibility for WLP applications, unlocking exclusive AI research assistant features, and receiving S-VALUE airdrops.Within 2 hours of the announcement, the $SOSO token surged by 50% on Bybit, now priced at $0.7.