February 26, 2025.
1️⃣.Market Hotspots
• Bybit Hacker Moves Stolen Funds to Bitcoin: The hacker behind Bybit’s $1.4B breach has converted over $6M ETH to Bitcoin, with analysts tracking further transfers.
• SEC Drops Investigation into Uniswap: The SEC has ended its probe into Uniswap Labs, providing relief for the DeFi industry and removing a key regulatory threat to decentralized exchanges.
• GameStop Considers Bitcoin as a Reserve Asset: The gaming retailer, holding $5 billion in cash, is exploring Bitcoin adoption as part of its treasury strategy.
• Ethereum Foundation Leadership Change: Aya Miyagotchi moves from Executive Director to President, signaling potential strategic changes.
• Michael Novogratz’s Galaxy Digital Hires BlockFi Founder: Zac Prince, co-founder of the now-bankrupt BlockFi, joins Galaxy Digital, possibly hinting at renewed focus on crypto lending.