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.

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.

Binance Futures has added OPN to its listings.

Bloomberg's Economic and Geopolitical Uncertainty Index tracks fluctuations from 1990 through the current period.

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.

📆 Upcoming Key Events for the Week

Monday, February 23:
🔓 Unlocks: Spacecoin (#SPACE) - 3.75% ($7.92 million)
👋 #NFT Closure of the NFT platform Gemini Nifty Gateway
👋 #TT ThunderCore to discontinue support for TT Wallet
⌚️ #DOLZ DOLZ to conclude auction for Veronica Leal “Oriental Desire” NFT collection
👍 #IMX Immutable to launch open beta testing for StoneHold
👍 #ACH Alchemy Pay to introduce Alchemy Chain on test network
🇺🇸 #NEAR NEARCON 2026 begins in San Francisco

Tuesday, February 24:
👍 #HUDL Brand announcement
🍿 #AURY Aurory to make a significant announcement
🇺🇸 NEARCON 2026 concludes in San Francisco
🇺🇸 CB Consumer Confidence for February due at 18:00 Moscow time

Wednesday, February 25:
🔓 Unlocks: Humanity (#H) - 1.31% ($21.44 million)
- Plasma (#XPL) - 4.15% ($8.80 million)
🔁 #HBAR Hedera to issue mainnet update
👍 #ZBCN Zebec Network to launch SuperApp Desktop
🇺🇸 Trump to deliver speech at 5:00 Moscow time
- Crude Oil Inventories report due at 18:30 Moscow time

Thursday, February 26:
🔓 Unlocks: GateToken (#GT) - 0.67% ($48.34 million)
👍 #PORTAL Portal to launch Portal Market platform
👍 #ILV Illuvium to release Beyond Wave 5
🇺🇸 Initial Jobless Claims data at 16:30 Moscow time

Friday, February 27:
🇦🇺 #XRP XRP Australia 2026 event in Sydney
🇺🇸 PPI (MoM) for January due at 16:30 Moscow time
- Chicago PMI for February at 17:45 Moscow time

Saturday, February 28:
🔓 Unlocks: Grass (#GRASS) - 9.01% ($17.17 million)
🔁 #ARTY Artyfact to release update
🔁 #PCOCK PulseChain Peacock to upgrade LibertySwap to version 2.0
⌚️ #RAVE RaveDAO accepting submissions for community flag competition

Sunday, March 1:
🔓 Unlocks: Kite (#KITE) - 0.65% ($15.05 million)
- Sui (#SUI) - 1.13% ($41.61 million)
👋 #PUNDIX Pundi X Chain to cease operations https://t.me/defi_crypto_io24/90199

Whale and Institutional Activities:
– Two wallets associated with Pumpfun sold over $10.5 million worth of PUMP tokens.
– A whale withdrew 10 million RAVE tokens, approximately $6.5 million, from Bitget.
– Vitalik Buterin moved 3,500 ETH, valued at nearly $6.95 million, from Aave and liquidated 428.57 ETH.
– Bitdeer sold its entire mined Bitcoin holdings.

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.

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."

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.

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.

The Lobstar AI Agent delivered 5.2% of the total #LOBSTAR offer, equivalent to approximately $270,000, to a user who requested it in comments on X, where they asked for 4 SOL.

Weekend summary and upcoming events for tomorrow. Link

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)

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.

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.

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.

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.

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.

Elliptic reports that five cryptocurrency exchanges are aiding Russians in circumventing international sanctions, filling the gap left by the closure of Garantex last year. cointelegraph