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SlowMist : Web3 hacks total $1.68B in February, with Bybit breach leading losses Blockchain security firm SlowMist reported via its official Medium that Web3 security incidents resulted in $1.68 billion in losses in February, with 15 hacks recorded. The Bybit Exchange hack accounted for nearly $1.5 billion of the total, with $52.45 million in stolen funds frozen or recovered. Smart contract flaws, social engineering and private key leaks were the primary attack vectors. SlowMist emphasized the need for stronger security measures as crypto phishing attacks affected 7,442 victims, leading to $5.32 million in losses.

IntoTheBlock flags $96K as key Bitcoin resistance due to on-chain data IntoTheBlock has highlighted via X $96,000 as a key resistance level for Bitcoin $BTC, based on on-chain data showing significant acquisition activity near that price. Around 1.66 million BTC were bought at this level and are now held at a loss. Many of these holders could sell to break even if Bitcoin approaches $96,000, creating strong resistance.

GraFun Labs, a popular platform for memecoin launching a trading, has recently collaborated with BADAI, a decentralized company merging blockchain and AI technologies, Floki, a prominent memecoin entity. The GraFun Labs’ partnership with BADAI and Floki targets to conduct a reimbursement plan for consumers impacted during the launch of the $BADAI TOKEN. The platform disclosed this endeavor on its official social media account. 🚨 GraFun Compensation Plan for $BADAI Launch 🚨In collaboration with Floki and BADAI, we introduce a compensation plan for influenced users during the recent $BADAI token launch.Our mission has always been to bring transparency and security to meme token launches. While our… — GraFun (@GraFunLabs) March 1, 2025 GraFun Offers Reimbursement Plan to Compensate $BADAI Launch Affecties GraFun Labs is reportedly delivering financial relief to the clients who were affected during the recent launch of $BADAI. As per the reports, in an unforeseen exploit vector, these users got an enormous impact. Hence, GraFun Labs is collaborating with BADAI and Floki for an adequate compensation. For a considerable period, GraFun Labs has been endeavoring to ensure security and fairness in the memecoin launches. The current move is another instance of the platform’s commitment to fulfilling these promises. The platform’s anti-sniping protection apparatus blocks the programmed trading bots when they attempt to gain an unfair advantage. It has effectively decreased sniper activity along with promoting equitable trading circumstances. Nonetheless, the platform admits that a few genuine consumers were unwillingly impacted. This prompted the company to launch the compensation program. Thus, to guarantee fair reimbursement, GraFun Labs follows a transparent calculation of compensation via the Binance Coin ($BNB). Implementing Stringent Eligibility Criteria to avoid Exploitation The reimbursement plan has stringent eligibility conditions, maintaining fairness to prevent the program’s potential exploitation. In line with the eligibility criteria, the consumers must have bought $BADAI tokens following the 1st anti-sniping protection stage but before the official deactivation of the system. In addition to this, The eligible clients should also have had no interactions at all with unverified or suspicious proxy contracts. Moreover, they should also have not participated in arbitrage-related activities or Miner Extractable Value. According to GraFun Labs, to be a part of the compensation plan, the eligible users also need to accomplish several steps. They include KYC verification, reimbursement claim submission, and wallet eligibility detection. By implementing these strict principles, GraFun Labs focuses on ensuring that the impacted users get their refund. The reimbursement plan reaffirms GraFun Labs’ plan to develop a relatively transparent and safer ecosystem to launch memecoins.

Cronos to propose governance plan for strategic reserve Ethereum Virtual Machine (EVM) chain Cronos announced via its official blog that it will introduce a governance proposal on March 3 to establish a Cronos Strategic Reserve. The proposal focuses on reissuing 70 billion previously burned CRO tokens under a five-year lock-up period. Voting on the proposal is set to conclude on March 17.

The crypto market has been on a rollercoaster ride, with most cryptocurrencies experiencing major sell-offs. However, Solana (SOL) is defying the trend, surging over 15% in a single day. The reason? Former U.S. President Donald Trump just announced a Crypto Strategic Reserve, featuring Solana as one of the selected coins. This revelation has sparked fresh investor interest, pushing SOL’s price to $160. With bullish momentum building up, the question remains: Is Solana on its way to $300? As the crypto market moves fast, so should you. Open an account with Bitget to easily get started trading cryptos. The crypto market recently suffered a major downturn, with most top coins losing over 20% of their value. However, Trump’s endorsement of certain cryptocurrencies has helped shift market sentiment, leading to a partial recovery. Among the biggest gainers is Solana , which has seen renewed investor confidence as traders speculate on its long-term role in the crypto space. --> Click here to easily trade Solana today <-- SOL is currently trading around $160, marking a 15% increase in the past 24 hours. This sudden price jump was triggered by Trump’s unexpected Crypto Strategic Reserve announcement, which included Solana as one of the key cryptocurrencies. This has fueled speculation about SOL’s future, with many traders now eyeing higher price levels. If momentum continues, $200 could be the next major resistance, setting the stage for even bigger gains. SOL/USDT 1-day chart - Bitget Platform via TradingView Looking ahead, Solana has strong upside potential. If the market continues to recover, SOL is projected to reach $300 in the medium term. A major rally could unfold if Bitcoin hits $100,000, potentially pushing Solana even higher. For now, all eyes are on SOL, as investor sentiment remains bullish after Trump’s unexpected crypto endorsement.