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According to official news, Gate will launch a Crazy Wednesday reward doubling event from February 25 at 14:00 to March 1 at 16:00 (UTC+8). Users can complete multiple tasks such as flash exchanges, spot trading, contracts, and deposits to unlock a mysterious blind box, winning prizes like XPIN, lucky bags, NVIDIA graphics cards, and gold, with a 100% chance of winning.Users who successfully register for this event will also automatically unlock the eligibility for double rewards, which will be distributed uniformly after the event ends. The event will simultaneously launch a USDT 14-day fixed-term financial product with an annualized return of up to 10%. In addition, both new and existing users can participate in financial products like USDD, 0G, APT, and AZTEC, enjoying an annualized return of up to 205%.

According to Scam Sniffer monitoring, an Ethereum user lost $388,051 after signing a phishing token authorization transaction.

According to Decrypt, Philippine digital bank Maya is exploring an initial public offering (IPO) in the United States, aiming to raise up to $1 billion. The company is currently working with advisors to advance this deal.Maya holds a digital banking license issued by the Philippine central bank and offers savings accounts, consumer loans, payment, and merchant services through its app. In addition to core banking services, Maya also provides in-app cryptocurrency trading services under a regulated virtual asset service provider framework. Choosing to list in the U.S. market may provide Maya with a deeper capital pool and a broader base of institutional investors.Local observers noted that investors will weigh the company's banking fundamentals against the compliance of its cryptocurrency business.

According to Jin Shi reports, Federated Investors Chief Market Strategist Phil Orlando stated that the U.S. January inflation report was better than expected, especially at the nominal level, which is good news for the Federal Reserve. He believes that as the leadership transitions from Powell to Waller, the Federal Reserve will cut interest rates three times within a year. Despite strong labor market data leading to a market decline, the inflation performance was better than expected, and the downward trend in inflation is expected to continue.

AI regulatory compliance startup Bretton AI announced the completion of a $75 million Series B funding round, led by Sapphire Ventures, with participation from Greylock, Thomson Reuters Ventures, and Citi Ventures.The company was founded by Will Lawrence, a former employee of the compliance team at stablecoin infrastructure company Paxos. Its clients are primarily focused on fintech service companies, including fintech startups such as Mercury, Ramp, Robinhood, and Coinbase, as well as some community regional banks, helping them achieve anti-money laundering and Know Your Customer (KYC) compliance operations.

According to Jinshi, the Philadelphia Semiconductor Index rose by 4.2%.

According to statistics from crypto VC Delphi Digital, 97% of altcoins have been in a downtrend since January 2025, with an average decline of 78%. Among the 121 altcoins tracked by the agency, only three tokens, HYPE, SYRUP, and BCH, have maintained an upward trend.

Blockchain security company CertiK data shows that in January 2026, the crypto industry suffered about 40 security incidents, resulting in losses exceeding $400 million. The largest single loss came from a phishing attack on January 16: an investor fell victim to a scammer posing as official Trezor customer support, leaking the hardware wallet's recovery seed phrase under the scammer's inducement, leading to the theft of 1,459 bitcoins and 2.05 million litecoins, totaling $284 million, accounting for 71% of the month's total losses.The stolen assets were quickly converted into the privacy coin Monero (XMR) to obscure transaction trails, causing XMR prices to soar and highlighting the challenges regulators face in combating money laundering involving privacy coins. Other significant vulnerabilities include: $30 million stolen from the Solana platform Step Finance (January 31), Truebit losing $26.6 million due to an overflow vulnerability, Swapnet losing $13 million, and Saga and Makina Finance losing $6.2 million and $4.2 million, respectively.

According to Jinshi, the Philadelphia Semiconductor Index rose by 2.5%.

The community has announced that the official Solar X account (https://x.com/Solana_zh) is suspected to have been hacked, and the account is currently unable to log in. They are urgently contacting the platform for resolution.Solar has also issued a risk warning to the community, stating that during this period, any requests for information, funds, or sensitive operations made in the name of Solar on the X platform are fraudulent. Community users are reminded not to be deceived.

Delphi Digital stated in its latest report on Lighter (LIT) that the fundamentals of Lighter are much better than what the price trends reflect. The real issues are not poor product quality or insufficient team strength, but rather the lack of transparency in its token economic model, financial situation, and market maker collaborations.If Lighter can fully disclose the flow of profits, clarify the decision-making mechanisms for buybacks and development investments, and clearly present the incentive structure, then LIT could very well become a hassle-free asset and investment target like HYPE.

According to Cointelegraph, the Gwangju District Prosecutor's Office in South Korea has launched an investigation into the theft of approximately 70 billion won (47.7 million USD) worth of seized Bitcoin.Reports indicate that the prosecutors discovered the missing Bitcoin during a routine asset seizure check. These crypto assets were stolen through a phishing attack after a staff member visited a fraudulent website. The prosecutors declined to disclose the specific amount of loss and the timing of the Bitcoin seizure, only stating that they are tracking the status and whereabouts of the seized items. This incident occurred after South Korean customs authorities dismantled a large cryptocurrency money laundering network earlier this week.

According to market news, the Philippine police recently successfully rescued a Chinese citizen who was illegally detained by Chinese kidnappers in an apartment in Pasay City. Two individuals were arrested on the scene, while two other suspects are still at large. The victim reported being threatened for a demand of 1 million dollars and had already transferred over 400,000 dollars in cryptocurrency; the suspects also threatened to sell organs.The police seized items such as tape, knives, and handcuffs at the scene and will file charges related to kidnapping and extortion.

According to Jinshi News, the Philadelphia Semiconductor Index rose by 3.4%.

According to Axios, the quantum-resistant solution Project Eleven has completed a $20 million funding round, with a valuation of $120 million.Quantum computing technology has the potential to break the underlying cryptographic mechanisms that secure cryptocurrencies, which has been a concern for the cryptocurrency industry. Project Eleven focuses on addressing this issue by developing solutions to withstand quantum computing attacks, ensuring the security of blockchain networks and digital assets.According to the Web3 asset data platform RootData, last June, [Project Eleven](https://www.rootdata.com/zh/Projects/detail/Project Eleven?k=MTg4MDA= "quantum-resistant solution") completed a $6 million funding round, led by Variant Fund and quantum technology venture capital firm Quantonation.