In the last 4 hours, the total liquidations across the network surged to $121 million, with the majority coming from long positions

On February 27th, President Trump of the United States stated that tariffs on Canada and Mexico would take effect on April 2nd. (With a one-month delay)

On February 27th, Binance founder CZ announced on social media that the KOL X account Artists Voyage, which is associated with CZ, might have been hacked and was promoting a new Meme coin. Artists Voyage does not serve Binance or YZi Labs, and has always been a long-term advocate of BNB. Therefore, many people in the Binance community follow him. Staff from YZi Labs would never privately promote any token and would be immediately dismissed upon discovery.

On February 27th, as per official information, the cryptocurrency wallet Phantom announced the acquisition of the token data platform SimpleHash. The specific acquisition amount has not been made public. This is the third acquisition by Phantom in recent months following Blowfish and Bitski. Phantom chose not to comment on the exact number of SimpleHash employees and on how many employees will transfer to Phantom. Phantom indicated that the SimpleHash team will contribute to enhancing token data for Phantom users and will offer the most accurate and high-performance wallet experience.

On February 27th, U.S. President Trump declared that he will not stop imposing tariffs. Tariffs will remain in place, with many of them continuing, although not all. (FX168)

On February 27th, Safe investor Hasu made a post on social media, indicating that although the recent Bybit hack was the result of a vulnerability in Safe's frontend rather than a breach of Bybit's infrastructure, Bybit's infrastructure was still not robust enough to detect such a simple hack. When transferring funds exceeding 1 billion USD, there is no justification for not validating the integrity of messages on a second offline machine. Blaming SAFE here instead of Bybit would be completely learning the wrong lesson. In response, Wintermute founder wishfulcynic.eth commented that Hasu's remarks were somewhat misleading and distorted the facts (gaslighting). Hasu countered in his series of comments, stating that determining whether Safe was at fault in the incident is a difficult question to answer (not because he is a Safe investor). Safe provided a solution through its centralized frontend but should never rely solely on it. He believes that Safe's biggest problem is not collabor

On February 27th, as per official information, Coinbase is set to introduce support for Morpho (MORPHO) on the Ethereum (ERC-20 tokens) and the Base network. Provided that liquidity requirements are fulfilled, trading is scheduled to commence on February 27, 2025, at 9 a.m. Pacific Time or subsequently.