PANews Editor's Note: PANews has selected a week's worth of high-quality content to help you fill in the gaps during the weekend. Just click on the title to read.
Bybit theft incident
This article aims to introduce the hacking incident and its fund laundering methods, and warns that in the next few months, there will be a large-scale freeze wave targeting OTC groups and Crypto payment companies.
On February 27, Bybit released a hacker forensics report, which pointed out that the theft of funds was caused by a vulnerability in Safe’s infrastructure, but it seems that Safe is unwilling to accept this accusation.
The biggest hacker incident in the history of Web3, we witnessed the greatest unity
Faced with such a large amount of money, people realized that this was not only the largest hacker attack in the history of Web3 blockchain so far, but also an industry crisis.
The root cause of this hack is higher level than TheDAO and Bitcoin overflow vulnerability.
On the other side of the crisis, Crypto centripetal force seems to be returning.
How does the North Korean hacker group Lazarus Group conduct sophisticated APT penetration attacks?
Think of an exchange’s cryptocurrency cold wallet as a special vault located on the top floor of a premium office building.
“One of my biggest fears is not knowing my own limits and letting down those who believed in me.”
For more information about the incident, please check the special topic: Real-time tracking of the Bybit attack incident
Macro perspective
This article attempts to clarify the causes of the current downward trend in cryptocurrencies and determine what necessary conditions are needed for the market to regain bullish sentiment.
The crypto market has plummeted again. What do industry insiders think?
Arthur Hayes believes Bitcoin could fall to $70,000.
Thoughts from the Hong Kong Consensus Conference: The best era of VC coins has passed
My biggest feeling after visiting Consensus HK this time is that VC has a very difficult life. It is no exaggeration to say that there is widespread misery, which is in sharp contrast to Marshal P.
Bitwise Chief Investment Officer: Good news and bad news in the crypto market's sharp correction
All short-term news is bad, and all long-term news is good.
Traders on social media seem keen to buy at the bottom, and mysterious whales have also taken action, but on-chain data analysis platform Santiment believes that this does not necessarily mean that the best time to buy has arrived.
AI and Meme
The strong support given by Solana officials to Time.fun is not only a strong response to Pump.fun's liquidity sucking, but also another growth exploration after the chaos of celebrity coin issuance severely hit the Solana ecosystem.
What AI projects emerged at the just-concluded Hong Kong Consensus Conference 2025?
From launch platforms to AMM pools, Pump.fun’s Meme empire quietly rises
Pump.fun is no longer satisfied with being Raydium's "traffic provider", but is trying to become a "controller" of liquidity.
In this article, PANews lists six new Launchpad platforms that have received a lot of attention. These platforms are mainly based on Solana. Each has its own unique business model and has shown innovative attempts in security, gameplay diversity, and popularity, but the core still revolves around MEME.
PANews' account [MEME Daily] will select the hot memes of the day for readers to understand the track situation. Click here to view.
Web3
Binance announced that it will launch a "limit-up mechanism" test in Launchpool pre-market trading, and this test is for RedStone (RED) tokens. However, it is still unclear whether this mechanism will become a long-term function. Previously, Huobi launched a partial liquidation and circuit breaker mechanism after the Bitcoin crash on March 12, 2020.
Is Ethereum’s biggest problem “big company disease”?
The challenges Ethereum is currently facing are actually similar problems that all large companies will encounter: overall innovation is hindered, and the management (Ethereum Foundation) is "old-fashioned" and inefficient.
The blueprint of "smart issuance" has aroused heated debate in the community about "inflation spiral" and interest game.
Ordinals is not just a simple protocol, it is a mirror image of the nature of the crypto market—a place where greed, manipulation, and power intertwine, but it is also a battlefield of opportunity.
The transformation of Castle Securities from a wait-and-see attitude to a market entry is not accidental. The institutionalization of the crypto market, the gradual clarification of regulations, and competitive pressure have jointly promoted this process.
After the Libra incident, PANews conducted an interview with Julian Peh, CEO of KIP Protocol. Julian responded positively to the incident. He said that KIP did not initiate the Libra project or Project Viva La Libertad. KIP was only invited to join the project on February 13 and did not profit from the project, but was artificially pushed to the forefront.
Technical Style
Technology stack expansion: Overview of zkTLS principles and potential application scenarios
In general, zkTLS is a new technology that combines zero-knowledge proof (ZKP) and TLS (Transport Layer Security Protocol). In the Web3 track, it is mainly used in the on-chain virtual machine environment. It can verify the authenticity of the off-chain HTTPS data provided by it without trusting a third party.
Delphi Digital: Analyzing the new architecture of ElizaOS v2, how will it change the new AI economy?
The next phase of ElizaOS will focus on deeper automation, intelligent governance, and the exploration of more new areas.
With $11 million in financing and founded by former Amber Group executives, Altius is creating a plug-and-play "central kitchen-style" execution layer?
The Open Intents Framework promotes intent collaboration between Ethereum chains through the ERC-7683 standard, providing a more efficient cross-chain transaction solution for DeFi.
From Cosmos to Ethereum: How does Initia integrate the advantages of the two major ecosystems?
If Ethereum is the “world computer”, then Initia is the “world conductor”.
Key Information
Arthur Hayes: Bitcoin could drop to $70,000
Standard Chartered Bank: Bitcoin could reach $500,000 before Trump leaves office
Bitfinex Report: Bitcoin Trading Becomes Volatile, Major Crypto Assets Enter Correction Phase
Michael Saylor: Bitcoin is on sale
Putin: Russia and the United States are ready to establish a cooperative relationship
