Fraud Losses in the Cryptocurrency Space Hit $370 Million in January, Reaching a Nearly 11-Month High
Uniswap founder Hayden Adams warned on February 22 that fake Uniswap search ads are still popping up, leading users to lose high-value crypto assets. Scammers buy ads targeting keywords like “Uniswap” to place fake websites at the top of search results. These sites closely mimic the official Uniswap interface—when users connect their wallets and authorize transactions, funds are immediately stolen. Notably, this attack relies on user signature authorization, not protocol-level vulnerabilities.
X user “Ika” reported losing hundreds of thousands of dollars in crypto assets after clicking a fake link in search results. Screenshots shared by the user show the deceptive link prominently displayed at the top of results, making it more misleading. A similar incident happened in October 2024: scammers copied Uniswap’s interface and used subtle button changes to trick users into connecting their wallets.
Security firm CertiK’s data shows the crypto industry lost roughly $370.3 million to
2 minutes ago
Analysis: Bitcoin Bear Market Phase Dominated by Whale-led CEX Deposits, Stablecoin Inflows Plummet
February 22nd – In the current bear market, Bitcoin exchange inflows are being driven by large holders.
Data shows the exchange whale ratio has climbed to 0.64—its highest level since October 2015—meaning 64% of Bitcoin inflows to exchanges come from the top 10 largest single deposit addresses. This signals big investors are fueling selling pressure.
Meanwhile, February’s average single Bitcoin exchange inflow has risen to 1.58 BTC, the highest since the mid-2022 bear market. After Bitcoin pulled back to ~$60,000 earlier this month, total exchange inflows surged to ~60,000 BTC on February 6th (the highest since November 2024) before dropping to a 7-day average of ~23,000 BTC—a 60% decline from the peak. This suggests short-term panic selling has eased somewhat, but overall inflows still remain above prior months’ levels.
On the altcoin front, selling pressure is also clear. Since 2026, daily average altcoin deposits to exchanges have hit ~49,000 transactions—up 22% from ~40,00
2 minutes ago
Caixin: RWAs Based on Hong Kong Assets Not Attributable to Mainland Chinese Regulators
February 22 – Per Caixin’s report, the regulatory framework for onshore assets issuing Real World Assets (RWAs) to offshore markets has taken shape following the joint release of the “Notice on Further Preventing and Disposing of Risks Related to Virtual Currency and Others” (Document 42) by the People’s Bank of China and eight other departments.
The core of Document 42 is a ban on onshore RWA issuance and strict regulation of offshore RWA activities.
According to knowledgeable regulatory sources:
- Hong Kong is one of the offshore RWA issuance locations. RWAs backed by Hong Kong assets fall outside Document 42’s scope and are not overseen by onshore regulators.
- Currently, no RWAs in offshore jurisdictions like Hong Kong are tied to onshore securities or fund underlying assets. If such RWAs existed, they would be the responsibility of the China Securities Regulatory Commission (CSRC).
- The policy is no longer an “across-the-board ban,” but it should not be interpreted as
2 minutes ago
Bitcoin Spot ETF Sees Five Consecutive Weeks of Net Outflows, Totaling $3.8 Billion in Withdrawals
Feb. 22 — U.S. Bitcoin spot ETFs have posted net outflows for five straight weeks, totaling roughly $3.8 billion over the period. The latest week saw net redemptions of $315.9 million, while the largest single-week outflow hit $1.49 billion in the Jan. 30 period. While some trading days brought net inflows (including ~$88 million last Friday), they failed to offset heavy redemptions across prior sessions.
Since launch, Bitcoin spot ETFs have amassed nearly $54.01 billion in net inflows, with total net assets at ~$85.31 billion — equivalent to roughly 6.3% of Bitcoin’s total market cap.
Market participants note the latest outflows reflect institutional risk-off moves and portfolio rebalancing, not a structural exit from crypto assets. Geopolitical risks, trade tensions, and rising macro uncertainty have damped overall risk appetite, with ETF flows closely tied to Fed policy expectations and U.S. jobs data.
Ethereum spot ETFs have also posted five straight weeks of net outflows, with
2 minutes ago
Vitalik Sells Another 428.57 ETH, Totalling 7,386 ETH Sold This Month
On February 22, blockchain analytics platform OnchainLens reported that Vitalik Buterin has once again sold 428.57 ETH in exchange for 850,178 GHO, with the possibility of additional sales to follow.
Since February 2, Buterin has offloaded a total of 7,386 ETH. Calculated at an average price of $2,100 per ETH, the total value of these transactions is approximately $15.51 million.
The relevant address is: 0xfEB016D0D14AC0Fa6d69199608B0776d007203B2
2 minutes ago
Pump.fun Team's Two Associated Addresses Dump 4.96 Billion PUMP Tokens, Worth Over $10.5 Million
Feb 22: OnchainLens data shows the Pump.fun-linked wallet "77DsB" has liquidated all its 3.75 billion PUMP holdings for $8.02 million in USDC, at an average price of $0.0021 per token.
Additionally, another Pump.fun-associated wallet "GpCfm" has sent 1.21 billion PUMP (worth ~$2.57 million) to Bitget. The wallet still holds 3.54 billion PUMP (valued at ~$7.4 million) currently.
Address: GpCfmwsCgbPtymZTXa3Dixb4MeyxkUHfNHBq3vBAA6SA
2 minutes ago