ChainCatcher news, according to Coingecko data, the market fell broadly this morning, with the total cryptocurrency market capitalization dropping to $2.81 trillion, a daily decline of 3.38%.Among the top 100 cryptocurrencies by market capitalization, the following tokens rose against the trend:Berachain (BERA) rose 10.2%, current price $7.38;Optimism (OP) rose 10.02%, current price $1.18;Aptos (APT) rose 8.56%, current price $6.02;Litecoin (LTC) rose 8.11%, current price $123.96;Movement (MOVE) rose 7.82%, current price $0.45;

ChainCatcher news, according to Cointelegraph, the legal and consulting fees for the FTX bankruptcy case have accumulated to $950 million, making it one of the most expensive bankruptcy cases in U.S. history, second only to the Lehman Brothers case. Among them, the fees for the restructuring advisor Alvarez & Marsal are close to $400 million, the legal advisor Sullivan & Cromwell has fees exceeding $300 million, and John Ray's consulting firm fees are nearly $10 million. The overall legal and financial advisory fees are still on the rise, and the final costs are expected to exceed $1 billion.

ChainCatcher news, according to an announcement from the FBI, the Federal Bureau of Investigation has issued a Public Safety Announcement (PSA) confirming that a North Korean hacking group is responsible for the theft of approximately $1.5 billion in digital assets from the Bybit exchange.The FBI stated that the hacking group acted quickly, converting some of the stolen assets into Bitcoin and other digital assets, and dispersing them to thousands of addresses across multiple blockchains. It is expected that these assets will be further laundered and eventually converted into fiat currency.

ChainCatcher message, Slow Mist Yu Xian posted on platform X stating that Safe has ultimately been breached. The smart contract part is indeed fine (easily verifiable on-chain), but the front end was tampered with and forged to achieve a deceptive effect.As for why it was tampered with, we will wait for the official details from Safe. Safe can be considered a type of security infrastructure; theoretically, anyone using this multi-signature wallet could be stolen from, similar to Bybit. All other services with front ends, APIs, and user interaction may carry this risk as well. This is also a classic supply chain attack, and the security management model for large/huge assets needs a significant upgrade.

ChainCatcher message, on the official channel, on-chain detective ZachXBT stated that the recent pump.Fun X account leak incident is directly related to the Jupiter DAO X account intrusion incident in February 2025 and the WIF X account intrusion incident in November 2024.

ChainCatcher news, according to The Block, ZKP technology startup Ligero has completed a $4 million seed round financing. This round was co-led by Galaxy Ventures and 1kx, with participation from Franklin Templeton, Nascent, Anagram, Robot Ventures, Digital Currency Group, and ZKV.The company began this round of financing in March 2024 and concluded it in July 2024. The structure of the seed round financing is a simple agreement for future equity (SAFE), accompanied by token warrants, with a valuation cap of $20 million. There are currently no plans to launch a token.According to the Web3 asset data platform RootData, Ligero is a lightweight and scalable protocol for secure multi-party computation (MPC) and zero-knowledge proofs (ZKP).

ChainCatcher news, U.S. Senate Banking Committee Chair Cynthia Lummis posted on the X platform calling for the United States to launch a bipartisan-supported regulatory framework for stablecoins, as the stablecoin race has already begun and the U.S. is falling behind.

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, based on the Solana ecosystem, the meme coin prediction market Meme Market announced the completion of its angel round financing. IBC Group, CRYPTO TIMES, and angel investors from Presto Labs Ventures, Republic Crypto Ventures, MEXC Ventures, BitGet, and LFG participated, with the specific amount not disclosed. The new funds are intended to be used to build decentralized meme coin prediction tools and a "super app."

ChainCatcher message, Slow Mist stated that on February 21, 2025, Bybit's on-chain multi-signature wallet was targeted and breached, with nearly $1.5 billion in assets quietly lost through a transaction with a "legitimate signature." Subsequent on-chain analysis revealed that the attacker gained multi-signature permissions through sophisticated social engineering attacks, implanted malicious logic using the delegatecall function of the Safe contract, and ultimately bypassed the multi-signature verification mechanism to transfer funds to an anonymous address. "Multi-signature" does not equal "absolute security"; even a secure mechanism like the Safe multi-signature wallet can still be at risk of being compromised if lacking additional protective measures.Bybit is using version v1.1.1 (<1.3.0) of the Safe contract, which means they cannot utilize the Guard mechanism, a key security feature. If Bybit had upgraded to version 1.3.0 or higher of the Safe contract and implemented an appropriate Guard mechanism, such as specifying a whitelist address for receiving funds and conducting strict contract function ACL verification, they might have been able to avoid this loss. Although this is merely a hypothesis, it provides important insights for future asset security management.

ChainCatcher news, Binance founder Zhao Changpeng posted on X commenting on the incident of "Shang Mugen and Chen Shiling filing a defamation lawsuit against Bloomberg reporters": calling for more countries to hold journalists accountable for defamation through legal means. Supporting freedom of speech, but opposing deliberate defamation without data or supporting evidence.

ChainCatcher news, Matrixport released today's chart, Wall Street has become an important player in Bitcoin, and Bitcoin's 60% market dominance remains a key benchmark for the crypto market, with institutional trading behavior increasingly influencing its price trends. Concerns about the potential six-month delay in Trump's proposed tariffs and Bitcoin strategic reserve plan may be one of the reasons for the technical top pattern appearing on the current chart.BlackRock's IBIT ETF recently had an important trading day, with a single-day trading volume reaching $5.1 billion, which, while not a historical high, is still a considerable figure. From a technical perspective, Bitcoin may pull back to the recent support level of $73,000, corresponding to the IBIT ETF's price level of about $40.