Blockchain Highlights | Key Developments on February 24 at Noon
This article summarizes key blockchain developments on February 24 at noon, including ETH trading, DeFi advancements, and market updates.
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Blockchain Industry Updates & Privacy News
BlackRock's Massive Withdrawal of Bitcoin and Ethereum Sparks Market Buzz
BlackRock recently withdrew $150 million worth of Bitcoin and Ethereum from Coinbase, sparking market interest.
Read MoreCK Hutchison Strongly Opposes Panama's Illegal Seizure of Port Assets and Operations
CK Hutchison condemns Panama's forced takeover of its port operations, calling it illegal and pledging to pursue all legal remedies.
Read MoreWhale ETH Position Adjustment: From Spot Selling to Leveraged Long Strategy
A long-term ETH holder recently adjusted their position strategy by selling spot holdings and re-entering the leveraged market, now holding $56.18 million in long positions.
Read MoreSupreme Court Focuses on Virtual Currency Cases to Enhance Financial Judicial System
On February 24, China's Supreme Court announced plans to research judicial measures for emerging financial cases involving virtual currency, aiming to enhance the financial judicial system.
Read MoreHYPE Bull Faces $17.47M Loss, Injects $2.4M USDC to Avoid Liquidation
A major HYPE long position faces a $17.47M unrealized loss. To avoid liquidation, the address deposited $2.4M USDC, lowering the liquidation price to $23.91.
Read MoreThousands Pursue Bitcoin Compensation Across Borders: UK Court Sets Deadline for Victims
UK court handles laundering case of 60,000 bitcoins; more than 10,000 victims seek compensation across borders.
Read MoreChinese Man Wanted for Alleged Crypto Fraud Arrested in Thailand, Scam Involving 900 Million Yuan
A Chinese man wanted for alleged crypto-related fraud was arrested in Thailand. He is linked to the BHE Exchange scam, where the 'DDO' token collapsed, affecting 20,000 victims.
Read MoreSources Reveal: Anthropic Offers Selected Employees Opportunity to Sell Shares
Sources indicate that Anthropic is offering some current and former employees the chance to sell company shares, allowing them to profit from recent $30 billion fundraising.
Read MoreBinance Announces Adjustment to Multi-Asset Collateral Rates and Contract Leverage Tiers Affecting Multiple Trading Pairs
Binance will adjust portfolio margin and collateral rates for multiple assets and modify leverage tiers for perpetual contracts on February 27, 2026.
Read MoreBinance Alpha Launches Tokenized Stock Trading for Amazon, Meta, Apple, Circle, and Google
Binance Alpha launches tokenized stock trading for Amazon, Meta, Apple, Circle, and Google, expanding digital investment opportunities.
Read MoreMysterious Entity Boosts Ethereum Holdings Worth Over $4 Million
On February 24, according to on-chain analytics, an address linked to 7 siblings added 2,179.22 ETH worth approximately $4.03 million over eight hours, bringing total holdings to over 336,000 ETH valued at $620 million.
Read MoreFramework Ventures to Invest $45 Million in Better.com to Drive Tokenization Initiative
Canadian VC firm Framework Ventures is set to invest $45 million in Better.com as the mortgage lender prepares to launch tokenized assets backed by home loans.
Read MoreLoracle Reduces HYPE Position at High Price, Secures Millions in Profit
On February 24, Loracle started reducing his HYPE long position as the price rose above $30, cutting holdings by over $20 million. He still holds a leveraged long position with a floating profit of $1.51 million.
Read MoreRhythmic Secures $4M Seed Funding Led by Dragonfly to Build Next-Gen Financial Platform
Rhythmic raised $4M in seed funding led by Dragonfly to develop a financial platform for consumer internet companies using stablecoins.
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