As reported by Lianhe Zaobao, Singapore's Minister of State for Home Affairs and National Development Sun Xueling said that last year, one quarter of the total amount lost in fraud cases involved cryptocurrency scams. In the highest-profile fraud case last year, victims clicked on a fake conference link, downloaded and ran malicious code on their computers, resulting in a loss of about 125 million Singapore dollars.

According to the International News Agency, Russian Deputy Finance Minister Vladimir Kolychev told reporters that the Russian Ministry of Finance does not plan to change the current investment structure of the National Welfare Fund, especially not to include crypto assets - the volatility of crypto assets is too high, and the current level of accumulation in the National Welfare Fund does not allow for consideration of high-risk investments. Kolychev stated that he has not heard of any discussions in Russia about creating a crypto currency strategic reserve similar to the Trump administration's plan. He said: "This is more of a central bank issue. Honestly, I have not heard of such discussions." Kolychev added that it is still too early to discuss the possibility of including crypto assets in the investment structure of the National Welfare Fund.

Sati, an encrypted payment platform based on WhatsApp, announced the completion of a $600,000 Pre-Seed round of financing, with participation from BitcoinFi Accelerator, Arcanum Capital, Draper Associates, Boost VC, and other investors. The new funds will support its integration of Bitcoin into the WhatsApp instant messaging application ecosystem, as well as cross-border trading services based on USDC and USDT stablecoins.

The game AI agent iAgent Protocol announced the completion of a $3 million financing, with Japanese chain game company double jump.tokyo, IBC Group, PG Group, Alliance, Cointribune and others participating. The new funds will support the construction of the on-chain AI agent "infrastructure layer", allowing game players to use decentralized GPU computing power to train their own AI agents and receive token incentives.

Golden Finance reported that TSMC is investing another billion US dollars in the United States, but the US "Wired" magazine reported on the 4th that an informed source said that this move did not stop the Trump administration from considering imposing potential tariffs of up to 100% on TSMC and other Taiwanese chip factories. The source said that one plan is that the tax objects will not only be Taiwanese chips themselves, but also electronic products such as iPhones equipped with Taiwanese chips. According to Wired magazine, the White House and the US Department of Commerce did not immediately comment, and TSMC declined to comment. (Jinshi)

Documents from the New York State Assembly show that New York State Assemblyman Vanel has introduced a bill numbered A06515, aimed at defining virtual token fraud, illegal "pump and dump" schemes, private key fraud, and fraud involving undisclosed virtual token rights as criminal offenses. Once the bill is passed, it will clearly define various fraudulent activities in the cryptocurrency field and provide legal basis for cracking down on illegal activities in the blockchain industry. Currently, there are no similar bills to this one, and it is still in the review stage.

According to The Data Nerd monitoring, Abraxas Capital Management (Heka Funds) withdrew 40 million USDT from Binance two hours ago and deposited it into Aave. Data shows that the fund currently manages assets worth 7.384 billion US dollars, with over 62% in ETH-related products, 24% in stablecoins, and 10% in BTC-related products.

According to Whale Alert data monitoring, USDC Treasury minted an additional 50 million USDC on the Ethereum network at 17:06 Beijing time.

On March 5th, according to on-chain data, a few minutes ago, 28,000 ETH was transferred from the Ceffu wallet to an unknown wallet. The unknown wallet then transferred 27,978 ETH (approximately $62 million) to the Binance exchange. Currently, the unknown wallet still holds approximately 9,273 ETH, while the Ceffu wallet holds approximately 282,600 ETH (valued at approximately $630 million).

Zhao Changpeng responded to the view that "Vitalik and Zhao Changpeng are two important figures" by saying, "Without Vitalik's contributions, smart contracts, ERC20, NFT, SBT, L2, and so on, cryptocurrencies would not have the scale they have today. I am just a commoner still learning about blockchain."

According to on-chain analyst @ai_9684xtpa monitoring, the token investment portfolio of the Trump family's encrypted project WLFI has accumulated a total floating loss of 87.83 million US dollars. As the market once again pulls back, all tokens held by WLFI are currently in a floating loss state, with Ethereum (ETH) suffering the most severe losses, reaching 67.02 million US dollars, accounting for 76% of the total floating loss amount. In addition, WLFI has not added any tokens for 13 consecutive days.

According to data from Web3.0 security organization CertiK, the cryptocurrency industry lost as much as $1.53 billion in February 2025, with the $1.4 billion attack launched by the North Korean Lazarus group against Bybit becoming the largest-scale cryptocurrency hacking event in history, accounting for 91% of total losses that month. Excluding the Bybit incident, losses in February still reached $126 million, an increase of 28.5% from January. Other major events included stablecoin payment company Infini losing $49 million due to suspected administrator permission vulnerabilities, and the ZkLend protocol being hacked for $10 million. CertiK pointed out that the main causes of losses this month were wallet leaks, code vulnerabilities ($20 million), and phishing attacks ($1.8 million).

On March 5th, according to Whale Alert monitoring, 101,913,695 USDT (about $102 million) was transferred from Binance to an unknown wallet at 15:37.

According to on-chain analyst @ali_charts monitoring, whales have accumulated over 420 million ADA after the announcement of the strategic cryptocurrency reserve in the United States.

Jupiter Meow posted on X platform, saying that it is still unknown why X account was stolen. Strong/unique passwords and 2FA were set up, all devices were also nearby, only two applications were connected, even if it was a SIM Swap attack, a password input is required. Even after deleting other sessions, the attacker still posted again (possibly done before). Fortunately, the fraudulent tweet was only posted for a minute, and the reason for the attack on the X account is still unknown. Jupiter and Pumpfun's X accounts have also been attacked before, but that was a complete account takeover, without any notification, this time it feels like a session takeover.

Last week, Trump announced that Bitcoin, Ethereum, XRP, Solana, and Cardano will be included in the US strategic reserves of cryptocurrencies. Wall Street has begun to pay attention to Coinbase and mainstream US stock exchanges. Analysis believes that if Coinbase can merge with traditional exchanges, it will be able to create a company that is both professionally knowledgeable and influential in the industry, thereby dominating the current fragmented cryptocurrency market. The ability of large US exchanges to make this deal happen, it is rumored that Intercontinental Exchange (ICE) may be a potential target. The exchange has a market value of up to $100 billion, with a P/E ratio of 36. Its CEO Jeffrey Sprecher's wife, Kelly Loeffler, is a member of the Trump administration. If large investors push for a top exchange to acquire Coinbase, the new company will be able to maximize investment returns as cryptocurrencies gradually move from the financial frontier to mainstream.

Binance will end RedStone (RED) pre-trading at 17:00 on March 6, 2025 (Beijing time) and officially open five spot trading pairs RED/BTC, RED/USDT, RED/USDC, RED/FDUSD, and RED/TRY on the same day at 21:00, and add seed tags.

The market shows AAVE broke through $220, now at $220.07, with a 24-hour increase of 26.22%. The market is volatile, please manage risks.

According to Whale Alert monitoring, 95,254,697 XRP (approximately $236 million) was transferred from the cryptocurrency exchange OKX to an unknown wallet at 16:37.

Ninety Eight (formerly Coin98 Finance) founder Thanh Le announced layoffs, with over 20% of employees affected. In addition, the company will focus its resources on core products, with the Coin98 wallet being a top priority.