BingX Crypto & Financial News
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๐ŸŒ Your portal to the crypto and financial world. Breaking news, insights, and analysis from BingX and crypto market.
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The DFINITY Foundation has revised the tokenomics of the Internet Computer (ICP). Previously, node providers were compensated solely for operating nodes. Under the updated model, 80% of the revenue generated by the cloud engine will be allocated to supporting nodes, while 20% will be dedicated to buybacks and token burns.
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IoTeX network alerted to private key leak, leading to complete drain of token reserves valued at $4.3 million.
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BingX Crypto & Financial News
IoTeX network alerted to private key leak, leading to complete drain of token reserves valued at $4.3 million.
IoTeX (IOTX) declined 14% amid a reported hack, according to PeckShield, with damages exceeding $8 million. The token surged to the top of sales on all centralized exchanges (CEX) at 09:30 Moscow time, quickly securing leading positions before a sharp decline. By 10:31, IOTX saw increased buying activity and ranked first in open interest growth, contributing to a partial recovery.
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BingX Crypto & Financial News
IoTeX network alerted to private key leak, leading to complete drain of token reserves valued at $4.3 million.
IoTeX's IOTX token surged to the top of sales on central exchanges early this morning, but a reported hack resulted in a 14% decline. The token reached peak trading volumes around 09:30 Moscow time, before experiencing a sharp decline. By 10:31, buy activity increased as IOTX regained prominence in purchase rankings and open interest, leading to a partial price rebound. PeckShield estimates the total damage from the breach at over $8 million.
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Binance Futures has added OPN to its listings.
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Bloomberg's Economic and Geopolitical Uncertainty Index tracks fluctuations from 1990 through the current period.
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BingX Crypto & Financial News
IoTeX's IOTX token surged to the top of sales on central exchanges early this morning, but a reported hack resulted in a 14% decline. The token reached peak trading volumes around 09:30 Moscow time, before experiencing a sharp decline. By 10:31, buy activityโ€ฆ
IoTeX reports that the network is secure following recent management of a security incident. Estimated losses from the exploit amount to approximately $2 million, including USDC, USDTT, IOTX, and WBTC. Network operations and deposits are expected to resume within 24 to 48 hours once security updates are complete.
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๐Ÿ“† Upcoming Key Events for the Week

Monday, February 23:
๐Ÿ”“ Unlocks: Spacecoin (#SPACE) - 3.75% ($7.92 million)
๐Ÿ‘‹ #NFT Closure of the NFT platform Gemini Nifty Gateway
๐Ÿ‘‹ #TT ThunderCore to discontinue support for TT Wallet
โŒš๏ธ #DOLZ DOLZ to conclude auction for Veronica Leal โ€œOriental Desireโ€ NFT collection
๐Ÿ‘ #IMX Immutable to launch open beta testing for StoneHold
๐Ÿ‘ #ACH Alchemy Pay to introduce Alchemy Chain on test network
๐Ÿ‡บ๐Ÿ‡ธ #NEAR NEARCON 2026 begins in San Francisco

Tuesday, February 24:
๐Ÿ‘ #HUDL Brand announcement
๐Ÿฟ #AURY Aurory to make a significant announcement
๐Ÿ‡บ๐Ÿ‡ธ NEARCON 2026 concludes in San Francisco
๐Ÿ‡บ๐Ÿ‡ธ CB Consumer Confidence for February due at 18:00 Moscow time

Wednesday, February 25:
๐Ÿ”“ Unlocks: Humanity (#H) - 1.31% ($21.44 million)
- Plasma (#XPL) - 4.15% ($8.80 million)
๐Ÿ” #HBAR Hedera to issue mainnet update
๐Ÿ‘ #ZBCN Zebec Network to launch SuperApp Desktop
๐Ÿ‡บ๐Ÿ‡ธ Trump to deliver speech at 5:00 Moscow time
- Crude Oil Inventories report due at 18:30 Moscow time

Thursday, February 26:
๐Ÿ”“ Unlocks: GateToken (#GT) - 0.67% ($48.34 million)
๐Ÿ‘ #PORTAL Portal to launch Portal Market platform
๐Ÿ‘ #ILV Illuvium to release Beyond Wave 5
๐Ÿ‡บ๐Ÿ‡ธ Initial Jobless Claims data at 16:30 Moscow time

Friday, February 27:
๐Ÿ‡ฆ๐Ÿ‡บ #XRP XRP Australia 2026 event in Sydney
๐Ÿ‡บ๐Ÿ‡ธ PPI (MoM) for January due at 16:30 Moscow time
- Chicago PMI for February at 17:45 Moscow time

Saturday, February 28:
๐Ÿ”“ Unlocks: Grass (#GRASS) - 9.01% ($17.17 million)
๐Ÿ” #ARTY Artyfact to release update
๐Ÿ” #PCOCK PulseChain Peacock to upgrade LibertySwap to version 2.0
โŒš๏ธ #RAVE RaveDAO accepting submissions for community flag competition

Sunday, March 1:
๐Ÿ”“ Unlocks: Kite (#KITE) - 0.65% ($15.05 million)
- Sui (#SUI) - 1.13% ($41.61 million)
๐Ÿ‘‹ #PUNDIX Pundi X Chain to cease operations https://t.me/defi_crypto_io24/90199
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Whale and Institutional Activities:
โ€“ Two wallets associated with Pumpfun sold over $10.5 million worth of PUMP tokens.
โ€“ A whale withdrew 10 million RAVE tokens, approximately $6.5 million, from Bitget.
โ€“ Vitalik Buterin moved 3,500 ETH, valued at nearly $6.95 million, from Aave and liquidated 428.57 ETH.
โ€“ Bitdeer sold its entire mined Bitcoin holdings.
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The Jupiter community has announced a pause on token issuance for team members for the remainder of this year, coinciding with the conclusion of Jupuary.
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U.S. Trade Representative: Agreements with the EU, South Korea, and other nations remain in effect; plans to engage with additional trading partners to deliver a "reassuring message."
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The amount of stablecoins held on cryptocurrency exchanges has declined by 14% over the past three months, decreasing from $75 billion to $64.5 billion, according to Alicharts.
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The amount of stablecoins held on cryptocurrency exchanges has declined 14% over the past three months, falling from $75 billion to $64.5 billion, according to Alicharts.
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Weekend summary and upcoming events for tomorrow. Link
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Ethereum co-founder Vitalik Buterin proposes the addition of transaction simulation features to improve user experience and security for wallets and smart contracts. The approach would allow users to preview a replica of their intended blockchain transaction and then confirm or cancel before submitting. (Source: Cointelegraph)
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The 103rd Missouri General Assembly has introduced House Bill 2080, proposing the creation of the BTC Strategic Reserve Fund. Managed by the state treasurer, the fund would accept Bitcoin donations or bequests from residents, hold them for a minimum of five years, and then possibly transfer, sell, or convert the assets.
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Whale and Institutional Transactions:

Machi Big Brother has partially liquidated some of his holdings but continues to increase his long position in ETH. He now owns 1,700 ETH, valued at approximately $3.21 million, with a liquidation threshold set at $1,818.74. His total losses have surpassed $28.8 million.

Vitalik.eth has sold a total of 1,869 ETH over the past two days, amounting to $3.67 million. During the same period, ETH's price declined from $1,988 to $1,875, a drop of 5.7%.

The wallet associated with Matrixport continues to add to its ETH holdings amid market declines, now holding 115,000 ETH valued at $215.4 million. The wallet is currently down more than $15.5 million.
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Bitcoin contracts worth approximately $462 million have been liquidated over the past 24 hours, with roughly $432 million stemming from long positions. In the last four hours, approximately $381 million of long positions have been liquidated.
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In the past 24 hours, approximately $462 million in derivatives contracts have been liquidated, with roughly $432 million stemming from long positions. Over the last four hours, about $381 million of long positions were liquidated.
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BingX Crypto & Financial News
The total net inflow for spot Bitcoin ETFs was approximately $88.81 million yesterday, while flows for spot Ethereum ETFs remained unchanged at around $0.
During the week of February 16 to 20, net outflows from spot Bitcoin ETFs reached approximately $315.86 million, while Ethereum ETFs saw net outflows of around $123.37 million.
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