🐳 Whale 0x5F64 attempted to attack Lighter by going long on $ARC but failed, resulting in a loss of $5.3M.
He deposited 8.39M $USDC into Lighter to long $ARC, building a massive 210M $ARC ($20.45M) long position and pushing the price up to $0.15.
Another whale who bought 16.2M $ARC for $573K two months ago sold into the pump using DCA, selling 9.8M $ARC at $0.115 for $1.13M. He still holds 6.4M $ARC ($303K), locking in a profit of $861K.
Afterward, $ARC crashed, leading to the liquidation of the 210M $ARC long. 0x5F64 withdrew the remaining 3.06M $USDC from Lighter, concluding the failed attack with a $5.3M loss. #hack link link link
He deposited 8.39M $USDC into Lighter to long $ARC, building a massive 210M $ARC ($20.45M) long position and pushing the price up to $0.15.
Another whale who bought 16.2M $ARC for $573K two months ago sold into the pump using DCA, selling 9.8M $ARC at $0.115 for $1.13M. He still holds 6.4M $ARC ($303K), locking in a profit of $861K.
Afterward, $ARC crashed, leading to the liquidation of the 210M $ARC long. 0x5F64 withdrew the remaining 3.06M $USDC from Lighter, concluding the failed attack with a $5.3M loss. #hack link link link
🇺🇸📊 An employee of Beast Industries, linked to YouTube creator MrBeast, was accused of trading on non-public information related to show content. Kalshi has suspended and fined the account.
In a separate case, a California gubernatorial candidate was banned for five years and fined about ten times his initial trade after placing roughly $200 in bets tied to his own campaign and posting about it on social media.
The CFTC issued related guidance the same day, stating that exchanges are the “first line of defense” against insider trading in prediction markets and warning that such conduct may violate U.S. law. #regulation link
In a separate case, a California gubernatorial candidate was banned for five years and fined about ten times his initial trade after placing roughly $200 in bets tied to his own campaign and posting about it on social media.
The CFTC issued related guidance the same day, stating that exchanges are the “first line of defense” against insider trading in prediction markets and warning that such conduct may violate U.S. law. #regulation link
🇺🇸📊 As Bitcoin rebounded to around $70,000 but remained well below its October 2025 peak, Michael Saylor’s Bitcoin treasury firm Strategy has become one of the most shorted large-cap stocks in the U.S.
Data indicates that among stocks with market caps above $25 billion, short interest in Strategy ranks near the top, with bearish positions amounting to about 14% of its market value—roughly $6 billion based on a market cap of about $42 billion.
Strategy currently holds about 717,722 BTC, valued at approximately $47 billion. link
Data indicates that among stocks with market caps above $25 billion, short interest in Strategy ranks near the top, with bearish positions amounting to about 14% of its market value—roughly $6 billion based on a market cap of about $42 billion.
Strategy currently holds about 717,722 BTC, valued at approximately $47 billion. link
📊 Former Ethereum treasury-themed company ETHZilla has dropped the “Ethereum treasury” label and will rename itself Forum Markets, trading on Nasdaq under the new ticker FRMM starting March 2. This shift marks a transition from an “ETH-on-balance-sheet” strategy to tokenized real-world assets (RWA). The decision follows a significant pullback from its 2025 high, investor exits, and reduced crypto asset exposure. The stock rose 13.3% to $3.91 after the rebranding announcement but is still down about 96% from its peak last August. #rwa link
🐳 Decentralized derivatives platform Lighter reported that a recent whale attempt to squeeze ARC longs failed. The trader built a significant long position relative to market size, with around 600 other traders and market makers opposing them, pushing open interest to $50 million USDC. The whale ultimately lost about $8.2 million USDC, while LLP losses were limited to around $75,000 USDC, and short-side traders who took risk made profits. link
🔓 The Office of the Comptroller of the Currency (OCC) has released a proposal for implementing the GENIUS Act, seeking public feedback.
Regulation The Block link
Regulation The Block link
🕵️ About 11.2 billion PUMP (around $21.22 million) was transferred to Kraken about one hour ago from a wallet linked to the Pump core treasury, representing roughly 1.12% of PUMP’s total supply.
The same wallet previously received 20 billion PUMP (about 2% of total supply) from the Pump core treasury when PUMP was first listed last July.
Alliance core builder Jacob Franek posted that the Pump fun team is distributing locked tokens today to selected parties, including Alliance, and that all such tokens are subject to vesting restrictions. link
The same wallet previously received 20 billion PUMP (about 2% of total supply) from the Pump core treasury when PUMP was first listed last July.
Alliance core builder Jacob Franek posted that the Pump fun team is distributing locked tokens today to selected parties, including Alliance, and that all such tokens are subject to vesting restrictions. link