The blockchain platform associated with the President of the United States Donald Trump took advantage of the cryptocurrency on the cryptocurrency market as an investment opportunity, typing its ether shares during the week before the first cryptographic peak of the White House on March 7.
Meanwhile, in February Solana was affected by almost half a billion dollars, because cryptocurrency investors were looking for safer investments after the wave of fraudsters and the Memecoin rug.
WLFI Trump was tying Ether Holdings during the week among the market slowdown
The decentralized financial platform (DEFI) associated with US President Donald Trump significantly increased its ether principles over the past week, because the cryptocurrency price has been briefly below $ 2,000.
The Defs World Liberty Financial (WLFI) platform has tripled its ether principles (ETH) in the last seven days, when ETH has fallen below USD 20 USD psychological sign, according to Cointelegraph Markets Pro data.
ETH/USD, 1-month chart. Source: Cointelegraph
Data provided that Author: Arkham Intelligence shows that WLFI now has about $ 10 million more in the ether than a week earlier. His latest acquisitions also include an additional $ 10 million in packed bitcoins (WBTC) and $ 1.5 million in the movement network tokens (Move).
WLFI token balances history. Source: Arkham Intelligence
The Trump DEFI platform currently covers a total unrealized loss of over $ 89 million in nine tokens in which he has invested, results from Looconchain data.
Source: Lookonchain
The purchase of immersion occurred during the period of increased market variability and investors’ fears, driven by both macroeconomic fears and specific events for crypto-designer, including Bybit hook worth $ 1.4 billion on February 21, on February 21, the greatest operate in the history of cryptocurrencies.
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Solana sees $ 485 million in February because Crypto Capital escapes to “security”
Last month, Solana saw almost half a billion dollars in drains, because investors moved to what was seen as safer digital assets, reflecting the growing uncertainty on the cryptocurrency market.
Over the past 30 days, Solana (SOL) has been affected by an outflow with a value of over $ 485 million, and the investor’s capital has sailed mainly to Ethereum, Arbitrum and BNB Chain.
According to the Binance research report from Cointelegraph, Exodus capital came among the wider flight to “security” among the participants of the cryptographic market.
Solana outflow. Source: Debridge, Binance Research
“In general, there is a wider flight towards security in cryptographic markets, and the domination of Bitcoins increases by 1% in the last month to 59.6%,” said the report.
“Part of the capital was flowed into the BNB Memecoins chain, partly driven by tweets on his dog, Brocolli,” he added.
In addition to salted, the total capitalization of the cryptocurrency market fell by 20%in February, driven by growing negative sentiments, Binance Research was noticed.
In addition to macroeconomic fears, the decrease in the mood of cryptographic investors was mainly due to Hack Bybit worth $ 1.4 billion on February 21, the largest exploit in the history of cryptocurrencies.
Disappointment with Memecoin Launchs based in Solan also restricted the investor’s appetite, especially after the launch of the Wagra token, which was supported by the Argentine President Javier Milea.
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Trump to take the first peak of Crypto Summit in the White House on March 7
US President Donald Trump will host the first peak of the White House cryptocurrency on March 7, combining industry leaders in order to discuss regulatory policies, Stablecoin supervision and the potential role of Bitcoin in the American financial system.
The participants will be “outstanding founders, general directors and investors from the cryptographic industry” together with members of the President’s working group for digital assets, in accordance with the announcement divided by the White House “AI AI and Cryptto Czar”, David Sacks, on March 1, 20 post.
At the summit, he will preside to sacks and managed by Bo Hines, executive director of the working group.
Source: David Sacks
Sacks was appointed Crypto of the White House and AI Czar on December 6, 2024 to “work on legal frames, so that the cryptographic industry has the clarity he asked for and can develop in the US,” Trump wrote in the advertisement.
The role of Sacks will be “securing” online speech and “directing us from large technological bias and censorship,” added Trump.
Source: Donald Trump
Trump previously signaled that he intends to make cryptocurrency policy with a national priority and make the US a global center of Blockchain innovation. The upcoming peak can give the tone to cryptographic regulations over the next four years.
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Crypto VC offers $ 1.1 billion in February as an augment in interest – a draw
The financing of Venture Capital at Blockchain and cryptocurrency startups accelerated in February, and decentralized financial projects (DEFI) attract significant investment flows, signaling that the demand for blockchain builders remained powerful among the variable market conditions.
According to data from a draw of 137 cryptographic companies, a total of $ 1.11 billion collected in February.
DEFI secured almost 176 million USD in full financing in 20 projects. Meanwhile, eight business service providers collected a total of USD 230.7 million. Startups specializing in security services, payments and artificial intelligence also attract significant interest.
Business service providers and DEFI projects attracted the largest investments in February. Source: Remis
The largest Venture Capital investors directed themselves to “many sectors, including key narratives, such as AI, programmers, DEFI, depine, funds and payments tools,” said a draw.
The data is in accordance with the recent CointeLgraph reporting, which showed a huge augment in decentralized offers of the physical infrastructure network (depine).
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Bybit Hacker Landry 100% stolen $ 1.4 billion cryptography within 10 days
Bybit Exploiter washed 100% of the stolen funds after organizing the largest hack in the history of cryptocurrencies, but some loot may still be possible to recover Blockchain Security experts.
On February 21, Bybit was hacked for over $ 1.4 billion in ether with a liquid (STETH), a coat erected ETH (METH) and other ERC-20 tokens, which caused the greatest cryptographic theft in history.
Since then, the hacker has moved all 500,000 stolen ether (ETH), primarily through the decentralized transition protocol Thorchain, security companies LOKKCHAIN LOOKONchain Reported In the post of March 4 on X:
“Hacker #bybit asked all stolen $ 499 395 ETH (currently USD 1.04 billion), mainly by #thorchain.”
Source: Lookonchain
The Lazarus group in North Korea has transformed stolen influence, despite the fact that it was identified as the main culprit of the attack of many Blockchain analytical companies, including Arkham Intelligence.
Messages appear over two months after South Korean authorities sanctioned 15 North Koreans for allegedly generating funds for the North Korean nuclear weapon development program through cryptocurrency seizures and cyber theft.
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DEFI discussion
According to CointeLraph Markets Pro and TradingView, most of the 100 largest cryptocurrencies according to market capitalization ended a week in Zielony.
Of the 100 tokens Cardano (ADA), it increased by more than 46% as a larger gainer in the top 100, powered by the inclusion of the token into the upcoming Trump digital action. Bitcoin Cash (BCH) has increased by more than 40% as the second largest gainer over the past week.
Total value blocked in DEFI. Source: Developma
Thank you for reading our summary of the most influential DeFI development this week. Join us next Friday to get more stories, observations and education about this dynamically progressive space.