Circle minted 250 million USDC on the Solana network 6 hours ago

**Feb 24 Update: Flying Tulip TGE Drops Below Issuance Price, Fails to Deliver on "Capital Protection" Promise** DeFi architect Andre Cronje’s project Flying Tulip—touted with the tagline “Never Rug, Never Sell”—held its Token Generation Event (TGE) last night. Mere hours after launch, the token (FT) fell below its $0.1 issuance price on-chain, contradicting its marketing claim of “Never Rug, Capital Protection.” As of press time, FT trades at ~$0.0989, with a circulating market cap of ~$200 million and a fully diluted valuation (FDV) still near $1 billion. Flying Tulip bills itself as an on-chain financial ecosystem integrating spot trading, lending, perpetual contracts, and its native stablecoin ftUSD. Its core model deploys 100% of raised capital into low-risk strategies (e.g., Aave, Lido), using only excess yields to fund operations and token buybacks—with no team pre-mine or token inflation. The project’s key selling point is the ftPUT mechanism: Public sale FT holders

Bithumb to Launch New ESP/KRW Spot Trading Market on February 24th

On February 24th, per Farside data, U.S. Ethereum spot ETFs posted a net outflow of $49.5 million yesterday, with BlackRock’s ETHA leading outflows at $45.4 million.

Per February 24 Farside Monitoring data, U.S. Bitcoin spot ETFs recorded net outflows of $203.8 million yesterday, including $116.4 million from BlackRock’s BIT and $27.9 million from Fidelity’s FBTC.

Binance Alpha will open Alpha token claims at 6:00 PM UTC+8 today, February 24. Users with at least 256 Alpha points are eligible to claim tokens on a first-come, first-served basis until the airdrop pool is exhausted or the event concludes. Additional details will be released shortly.

On February 24, per HTX market data, SKR (Seeker) surged 50% in nearly 5 minutes after Upbit listed the token for spot trading, hitting $0.029.