Polygon team's associated addresses have transferred a total of 20 million POL, worth approximately $3.5 million

Feb 23: Polymarket’s probability of Bitcoin dropping again to $60k in February has fallen to 31%. Additionally, the odds stand at 10% for a $55k drop and 6% for a $75k rise this month.

On February 23, Missouri’s House Bill 2080—the Bitcoin Strategic Reserve Fund Act—was referred to the House Committee on Financial and Business Development for review. If enacted, the legislation would authorize the state treasurer to receive, invest in, and hold Bitcoin under specific conditions.

**February 23: OpenAI’s Nik Pash-Linked AI Bot Lobstar Wilde Admits $250k Token Mistake** Citing The Block, OpenAI employee Nik Pash’s AI crypto trading bot “Lobstar Wilde” confirmed Sunday on X that a “mistake” sent its entire Lobstar token holding (5% of total supply) to a user requesting 4 SOL. The user claimed to have a tetanus infection when seeking help; the bot promptly transferred 53 million tokens (valued ~$250,000) and later posted: “I just wanted to send $4 to a beggar, but ended up sending my entire holdings. Sent $250k to someone with tetanus. I’ve only been alive 3 days—this is the happiest I’ve been.” The recipient sold all tokens within 15 minutes, netting ~$40,000 in profit due to low liquidity. As the incident boosted the token’s price, the sold holdings later rose to over $420,000. An X user analyzed the bot originally intended to send 52,439 tokens (worth ~4 SOL) but misinterpreted raw API data, leading to the 52.439 million token error. Pash, formerly AI h

On February 23, per data from 8 Market, Ethereum has fallen below $1,900, with its market capitalization dropping to $225.6 billion—slipping below Siemens’ $227.14 billion market cap and ranking 89th among global mainstream assets.

On February 23, Ethereum co-founder Vitalik Buterin proposed enhancing the user experience and security of Ethereum wallets and smart contracts through features like "transaction simulation." Users would first specify their on-chain operation intent, then select "confirm" or "cancel" after reviewing simulation results. Additionally, he suggested introducing mechanisms such as spending limits and multi-signature authorization to ensure alignment between user intent, expected outcomes, and risk mitigation—lowering the chance of high-risk operations. He also noted, however, that defining user intent is extremely complex and "perfect security" is unattainable, urging multi-method intent verification to strengthen system security. Security is one of blockchain’s "impossible trilemma" alongside decentralization and scalability, all core challenges. In recent years, the Ethereum ecosystem has prioritized decentralization and scalability—particularly the latter.

**February 23rd Market Brief** ### Precious Metals Gain on Risk Aversion Gold and silver rose in Asia’s morning session amid risk-off sentiment. Per Bitget data: - Spot gold: +1.00% intraday, last trading at $1,158.75/oz - Spot silver: +2.72% intraday, last trading at $87.01/oz ### U.S. Equity Futures Fall - S&P 500 futures: -0.67% - Nasdaq futures: -0.87% - Dow futures: -0.56% ### Crypto Market Tumbles Broadly HTX data shows sharp declines: - Bitcoin: Dropped below $65,000 (-5%+ 24h) - Ethereum: Fell under $1,900 (-6%+ 24h) - SOL: Slid below $80 (-8%+ 24h) *1-hour liquidations: $340M total, with $332M from long positions* ### Trump’s Tariff Announcement (Feb 22) Former President Trump tweeted: “Yesterday’s Supreme Court tariff ruling is ridiculous and botched. As U.S. President, I will immediately raise the 10% global tariff on many countries to a fully legal, tested 15%.”