New Rule in FixedFloat Terms of Service
In light of recent events, we would like to inform you about a new rule of the Terms of Service 6.4, which comes into effect on March 3rd. Now, all funds that have a direct connection to the centralized exchanger eXch are now classified by us as criminal. Any orders paid with such funds will be temporarily suspended for additional verification of the sources and details of the exchange. We strongly advise you to refrain from sending funds received through eXch to the addresses of our service. We have outlined our position and reasons for taking these measures in more detail in our article FixedFloat Terms of Service Update on AML.
Bybit Has Fully Recovered Its ETH Reserves
The Bybit cryptocurrency exchange has fully restored the Ethereum balance (~444,870 ETH) stolen by hackers during the attack on February 21. This was reported by the head of the platform Ben Zhou. According to him, the exchange has already purchased the missing tokens to provide a 1:1 reserve using the Merkle tree mechanism. The corresponding audit is expected to be published soon.
Meanwhile, the attackers continue to launder the stolen assets. According to the latest data, the volume of funds already laundered has reached 135,000 ETH (~$335 million).
Bitcoin Price Drop
Since February 24, the cryptocurrency market has been sagging amid news of tariffs against Mexico and Canada announced by Donald Trump. By February 28, Bitcoin had updated its minimum values recorded since November 2024 several times. According to Binance, on the night of February 28, its rate fell below $80,000 for the first time in several months.
.png)
The cryptocurrency is currently trading at $85,250.
MetaMask Announces Plans to Add Solana and Bitcoin Support
The team behind the non-custodial MetaMask wallet has released an updated roadmap, announcing that the app is moving beyond the EVM network ecosystem.
As reported by Daniel Finley, founder and head of MetaMask at ConsenSys, the wallet will receive integration with Solana in May, and full support for Bitcoin will be added in Q3. For now, users can work with these blockchains through the Snaps cross-chain platform.
In addition, in March, the developers plan to expand the gas-free swaps feature to all assets, allowing users to pay network fees with any available tokens.
Tether CEO: USDT Will Be Useless in the Long Run
Tether CEO Paolo Ardoino expressed confidence in the Bitcoin Italia podcast that in the long term, the USDT stablecoin will lose its significance, and Bitcoin will become the only currency used.
Ardoino believes that the global financial system will inevitably face a crisis that will lead to the devaluation of national currencies and hyperinflation. In such conditions, in his opinion, Bitcoin will remain the only viable asset.
He described USDT as a temporary transitional instrument, emphasizing that Tether's key mission is to help countries with unstable economies smoothly adapt to the Bitcoin standard.
At the same time, the company's CEO added that the stablecoin will exist as long as it remains in demand.
User Loses Over $760,000 by Copying Fraudulent Address
Scam Sniffer analysts have recorded a case of fraud with "poisoning" of transaction history, as a result of which the user transferred a large sum to the account of the scammers. The incident occurred on February 20. The victim copied a fake address, which matched the real one only in the first four and last six characters. The erroneous transfer resulted in the loss of $763,662.
The essence of such fraud is that the scammers send small amounts of digital assets from an address that is visually similar to the original. This creates confusion and prompts the user to copy the fake address when making a transaction.
