Daily | Argentine President Mile: It is not promoted but only shares cryptocurrency information; the total loss of nearly 75,000 users in LIBRA token trading reached US$286 million
Reprinted from chaincatcher
02/18/2025·2MCompiled by: Luan Peng, ChainCatcher
Important information:
- Argentine President Mile: Not promoted but just sharing cryptocurrency information
- Hong Kong Securities and Exchange Commission: Virtual Asset Development Roadmap will be released within this month
- Jupiter: Ben, head of Meteora, announces his resignation
- Russian power grid company Rosseti: Losses of US$14.2 million in 2024 due to illegal crypto mining
- Scam Sniffer: Beware of phishing links appearing when Google searches for "Four Meme"
- QCP Capital: Options market layout Ethereum Pectra upgrade, altcoins weakness and other factors may curb upward momentum
"What important events have happened in the past 24 hours"
Argentine President Mile: Not promoted but just sharing cryptocurrency information
Argentine President Mile said on a TV show: "I acted in goodwill and got hit. Did the country lose money? No. Did the Argentines lose money? At most four or five. The vast majority of investors are Chinese and the United States." people.
I share this information like hundreds of things I've shared. My tweet was sent three minutes after the currency was created because I was passionate about these things and got to know it. These people are volatile traders who know what they are doing.
It is false to say that 44,000 people were affected, with a maximum of only 5,000. The possibility of involvement of Argentines is very small. These are people who are very professional in this kind of financial instrument. Those involved are very aware of the risks they take—they are volatile traders. This is a private matter between individuals and they participate voluntarily.
I am not promoting LIBRA, I just share LIBRA information. I do this because I am a determined tech optimist. Any initiative that improves financing for tech entrepreneurs appeals to me. I made no mistakes because I acted in goodwill. But when I saw the consequences, I realized that I still have a lot to learn. I need to understand that after becoming president, I still act like I used to be. Unfortunately, this situation made me realize that I needed to raise my screening standards and was no longer so easy to access. ”
According to the Hong Kong Radio website, Ye Zhiheng, executive director of the Intermediary Department of the Hong Kong Securities Regulatory Commission, is expected to announce the virtual asset development roadmap within this month. In addition to explaining the development principles, the roadmap will also mention the scope of the short-term expectations and market research of the Securities Regulatory Commission, as well as Where platform participants want to optimize.
In addition, the focus of the virtual asset roadmap is not on the content itself, but on the CSRC’s courage to show the principles to the market and its approach to market considerations.
Jupiter: Ben, head of Meteora, announces his resignation
According to a post by Jupiter co-founder meow, Ben, the project leader of the decentralized trading platform Meteora, has chosen to resign. meow said that while he was fully confident in Ben’s character, Ben’s lack of judgment and attention to the core aspects of the project over the past few months was unacceptable.
In response to the recent controversy, meow reiterated that neither Jupiter nor Meteora involved any insider trading or financial misconduct. He said the company has hired the well-known law firm Fenwick & West as an independent third party to conduct investigations and publish reports.
At the same time, he emphasized that JUP tokens have always maintained a high standard in terms of transparency, and is the only major protocol to provide detailed descriptions of each token during the three audits, and has never been traded over the market (OTC).
Russian power grid company Rosseti: Losses of US$14.2 million in 2024 due to illegal crypto mining
According to The Block, Russian power grid company Rosseti Group disclosed that it suffered losses of more than 1.3 billion rubles (about 14.2 million US dollars) in 2024 due to illegal cryptocurrency mining. Among them, the North Caucasus region suffered the largest loss, with over 600 million rubles; the Novosibirsk region suffered 400 million rubles.
The company has investigated 130 unauthorized access and power theft cases, the largest of which occurred in Novosibirsk, involving 3,200 mining equipment and causing 197 million rubles of losses. More than 40 cases are currently under trial under Russian criminal law.
Scam Sniffer: Beware of phishing links appearing when Google searches for"Four Meme"
Scam Sniffer issued a warning. Currently using Google to search for "Four Meme", there will be a phishing link that impersonates the official Four.Meme platform, and users need to be vigilant.
QCP Capital's latest analysis points out that the maturity structure of the options market has been significantly distorted near the March expiration date, especially on Ethereum options, which may reflect the market's current beta-based Ethereum Pectra, which is expected to be launched in early April. Upgrade to layout.
Looking back at past upgrades, the merger upgrade in September 2022 followed the typical "buy expectations and sell facts" model - ETH rose more than 100% from its June low and then fell after the upgrade. In contrast, Shanghai upgraded to enable the pledge withdrawal function in April 2023 has encountered pessimism due to the market's concerns about oversupply. However, once the market found that the selling pressure did not appear as expected, ETH rose 30% in the following months.
As escalation expectations heat up, traders may be laying out for another volatility event, with options volatility after March 28 leaning towards call options – which could be the next theme for the crypto markets to follow the Trump tariff storm Lay the foundation.
One inhibitor is the general weakness in the altcoin market—the LIBRA collapse, the SOL and ETH retreat to pre-election levels, and the share of Bitcoin’s market capitalization is close to an all-time high. In addition to market catalysts, altcoins may require substantial progress in practical applications and network development to achieve a sustained recovery, rather than relying solely on speculative capital flows.
According to financial reports, the Ministry of Industry and Information Technology and other eight departments issued the "Action Plan for High-Quality Development of New Energy Storage Manufacturing". It proposes to promote the widespread application of new generation information technologies such as blockchain, big data, artificial intelligence, and 5G in the new energy storage manufacturing industry.
Accelerate the construction of smart factories, encourage the production and manufacturing of new energy storage products and the digital transformation of key processes in system integration, and use online detection technologies such as machine vision, ultrasound, infrared thermal imaging, etc. to optimize the quality control system. Improve the automation level of raw material production, packaging and other links of various new energy storage products. Support manufacturing enterprises to extend their service chain and develop new service-oriented manufacturing models.
Ethereum Beam Chain will change its name due to trademark issues
Ethereum core developer Justin.eth Drake shared the progress of Beam Chain’s first community conference call on Twitter, saying that the project will be renamed because the “Beam” name involves trademark issues.
The meeting summarized the joining of 8 new teams, the support of 6 mainnet consensus layer teams, and the introduction of 2 new coordinators to join the Ethereum Foundation. Currently, Beam Chain has a total of 14 consensus-level teams, covering all continents except Antarctica, using multiple programming languages including Zig, C, C++, C#, etc., and has emerged with multiple self-funded teams.
Data: The total loss of nearly 75,000 users in LIBRA token trading reached US$286 million
According to data disclosed by crypto lawyer wassielawyer, a total of 74,698 traders suffered losses in LIBRA token trading, with a total loss of approximately US$286 million.
Specific data shows that there are 25 traders who have lost more than $1 million; 2,409 traders who have lost between $10,000 and $50,000; 71,369 users who have lost between $0 and $10,000. .
Binance will adjust multiple perpetual contract leverage and margin ladders such as BNX and OM
According to Binance's official announcement, the leverage and margin ladder of AMB, STMX, MKR, ETC, TIA, OM and BNX will be adjusted at 17:30 on February 18, 2025 (Beijing time).
This adjustment will affect existing positions, and the contract grid strategy may expire due to adjustments. It is recommended that users make corresponding adjustments in advance.
“What are some great articles worth reading in the past 24 hours”
LIBRA Event Reflection: A new round of disenchantment has begun?
Although we all know that PVP will not disappear, the fast-running game will continue. But at least at the current stage, a new round of disenchantment in the crypto market may be about to begin again?
On January 31, Argentine President Milei posted a tweet on his X account, "He is giving me advice on the impact and application of blockchain technology and artificial intelligence in the country," with the A photo of a young man in a suit and gold-rimmed glasses.
This person is Hayden Mark Davis, a key figure in the LIBRA token issuance storm.
The original source: Don't confuse memecoin and shitcoin
shitcoin has undermined the cultural foundation of crypto: conspiracy leads to the erosion of trust; low-quality plagiarism kills effective innovation; market manipulation attracts strict supervision...
Meme Popular List
According to the market data of Meme token tracking and analysis platform GMGN , as of 19:50 on February 18:
The top five popular Ethereum tokens in the past 24 hours are: LINK, ONDO , UNI, USDe, PEPE
The top five popular tokens in the past 24h are: TRUMP , WPEPE , PENAI, RAY , Fartcoin
The top five popular tokens in the past 24h Base are: AI , GPS, AERO , VIRTUAL , BRETT
panewslab