=nil;Foundation Raises $600,000 Through LEGION Community Round

February 23rd. Bybit officials declared that scammers are posing as Bybit employees. Users are advised to be cautious. They should always verify official channels and report any suspicious behavior. Bybit will never ask for personal information, make requests for deposits, or ask for passwords.

On February 23rd, based on HTX market data, Bitcoin dropped below $96,000 and is currently trading at $95,972, with a 24-hour decrease of 0.75%.

Update: On February 23rd, as per Arkham Monitoring, an address identified as Abraxas Capital Mgmt withdrew 20,000 ETH, which was valued at $56.03 million, from a Binance hot wallet address. It also withdrew 40 million USDT from the same Binance hot wallet address. Furthermore, 8,438 ETH, with a value of $23.59 million, was withdrawn from an OKX hot wallet address.

On February 23rd, the Taining Court in Fujian, China, completed a contract dispute with "USDT" as the object of financial management. In 2021, Jiang met Lin through the introduction of a third party. They traded "USDT" by establishing a WeChat group. From 2021 to 2022, Jiang transferred approximately 100,000 RMB to Lin through WeChat and bank transfers, and Lin purchased "USDT" for him. Jiang followed Lin's instructions to transfer the "USDT" he held to the platform in multiple installments for Lin to operate financial management. All funds were depleted due to Lin's operations, so Jiang filed a lawsuit in court. The court held that the plaintiff Jiang claimed that the relationship between the two parties was a guarantee contract dispute, and the two parties had a private entrusted financial management contract related to cryptocurrency investment. Issues such as entrusted trading and management of cryptocurrency are currently not protected by law in the United States, and the consequ

On February 23rd, as monitored by ai_9684xtpa, the "ETH High Win Rate Swing Whale" sold off 188.1 billion PEPE tokens that it had acquired three months ago within the past hour, incurring a loss of 2.63 million US dollars. The whale had purchased the PEPE tokens in December of last year at an average price of 0.00002357 US dollars and sold them this time at 0.000009593 US dollars, suffering a loss of 59.3%.

On February 23rd, according to alternative data, the Fear and Greed Index of cryptocurrencies today is 50 (last week's average was 55). The average of last month was 75 (Greed), and the market sentiment has remained "Neutral" in the past two weeks. Note: The Fear Index ranges from 0 to 100 and includes the following indicators: Volatility (25%) + Market Volume (25%) + Social Media Activity (15%) + Market Surveys (15%) + Bitcoin's Dominance (10%) + Google Trends (10%).