The Blockchain platform associated with US President Donald Trump has acquired the cryptocurrency market as an investment opportunity, three times three times a week before the first White House encryption summit on March 7.
Meanwhile, Solana had reached nearly half a billion dollars of external flows in February, when investors in the encrypted currency sought safer investments in the wake of a wave of fraud and rug carpet.
Trump’s WLFI double
The decentralized finance platform (Defi), which has increased US President Donald Trump significantly with the besieging of the Atheer during the past week as the price of encoded currency decreased to less than $ 2000.
Trump The world is financial freedom (WLFI) Defi The ether platform doubles three times (Eth) Cointelegraph Markts Pro shows.
ETH/USD, one month scheme. Source: Cointelegraph
Data available Written by Arkham Intelligence, WLFI now owns about $ 10 million in ether more than a week earlier. The latest acquisitions also include an additional $ 10 million of bitcoin wrapped (WBTC) And $ 1.5 million in Distinctive symbols of the movement network (Move).
WLFI icon symbol code balance date. Source: Arkham Intelligence
Lokonchain data shows that the TROMP DEFI platform is currently sitting on an unveiled loss of more than $ 89 million through the nine symbols it has invested.
source: Lookonchain
The process of purchasing the decline came during a period of increasing market fluctuations and investor concerns, driven by both total economic concerns and encryption events, including 1.4 billion dollars Beet penetration On February 21, The biggest exploitation of the date of encryption.
Solana sees $ 485 million in February where Crypto Capital escapes to “Safety”
Solana witnessed nearly half a billion dollars in external flows last month, as investors turned into what was considered safer digital assets, which reflects the increasing uncertainty in the encrypted currency market.
Solana (Sol) It has received more than $ 485 million of external flows over the past thirty days, as the invested capital is mainly flowing to ETHEREUM, introductory and BNB series.
The capital’s exit came amid a broader journey to “safety” among the participants in the encryption market, according to the Binance Joint Research Report with CointeleGRAPH.
Solana flows. Source: Debridge, Binance Research
“In general, there is a broader journey towards safety in the encryption markets, with Bitcoin’s hegemony increased by 1 % last month to 59.6 %,” the report stated.
He added: “Some capital flowed to Mimikwins in the BNB series, partly driven by Chic Chic Store tweets for his dog,” he added.
Beyond Solana, the total market value of the cryptocurrency decreased by 20 % in February, driven by the increasing negative feelings, indicated by Binance Research.
Along with the total economic concerns, the decrease in the morale of the encryption investor was mainly due to 1.4 billion dollars Beet penetration On February 21, The biggest exploitation of the date of encryption.
The disappointment in the launch of Memeco Curbed Curbed Investor Eptite, especially after the launch of the scale icon, which was Approved by Argentine President Javier Millie.
Trump to host the first White House encryption summit on March 7
US President Donald Trump will host the first encryption summit in the White House on March 7, gathering industry leaders to discuss organizational policies and supervise Stablecoin and the potential role of Bitcoin in the American financial system.
The attendees will include “prominent founders, executives and investors from the encryption industry”, as well as members of the working group of digital assets, according to a joint advertisement between the White House “AI and Crypto CZAR”, David Sacks, on March 1 x mail.
The summit will be chaired by bags and run by Bo Heins, CEO of the Labor Group.
source: David Sachs
The bags have been appointed White House encryption and AI CZAR On December 6, 2024, “Work on a legal framework, so that the encryption industry has the clarity that it requires, and can flourish in the United States.” Trump Books in the advertisement.
Trump added that part of the role of the bags is “protecting” online speech and “directing us away from the great technological bias and control.”
source: Donald Trump
Trump has already indicated that he intends to do Crypting policy is a national priority The United States made a global center to innovate Blockchain. The upcoming summit may determine the tone of encryption regulations over the next four years.
Crypto VC deals to the highest $ 1.1 billion in Feb
Investment capital financing in startups in Blockchain and Cryptocurrency was accelerated in February, with decentralized financing projects (Defi) that attracts significant investment flows, indicating that the demand for Blockchain companies remained strong amid traditional market conditions.
According to a tie data, 137 encrypted companies raised $ 1.11 billion in funding in February.
Defi received approximately $ 176 million of total financing across 20 projects. Meanwhile, eight business service providers collected a total of $ 230.7 million. The startups specialized in security services, payments and artificial intelligence also have also caused great attention.
Defi providers and Defi Projects have attracted the largest investment in February. Source: Tie
The Tie Tie said that the largest investment capital investors targeted “multiple sectors, including major accounts such as AI, developers tools, Defi, DePin, boxes, and payments.”
Data consistent with The recent CointeleGRAPH reportsWhich showed a significant rise in decentralized physical infrastructure network deals (DePin).
Bybit Hacker 100 % fools of $ 1.4 billion in the blades in 10 days
Bybit Exploiter washed 100 % of the stolen money after organizing the largest penetration in the date of encryption, but some looting may still be refunded by Blockchain security experts.
On February 21, bybit was hacked More than 1.4 billion dollars The value of the ether liquid (Seth)Cloak The biggest theft of encryption in history.
Since then, the infiltrator has transferred all of the 500,000 ether (ETH), primarily through the decentralized Crosschain protocol, Thorchain I mentioned On March 4 on x:
“Hacker #Bybit washed all 499,395 dollars (currently $ 1.04 billion), mainly through #Thorchain.”
source: Lookonchain
Lazaros Group in North Korea The stolen revenues were transformed despite its identification as the main perpetrator behind the attack by multiple Blockchain analysis companies, including Arkham Intelligence.
The news comes more than two months after the South Korean authorities 15 North Korea imposed To generate funds for the North Korea nuclear weapons development program by stealing cryptocurrency and electronic theft.
Defi market overview
According to data from Cointelegraph Professional And TradingView, most of the 100 most encrypted currencies ended according to the week’s market value in green.
From the best 100, Cardano (LeadThe distinctive symbol code increased over 46 % as the largest winner at the top of 100, driven by the distinctive symbol code Inclusion in the upcoming Trump Digital asset stock. Bitcoin criticism (BchMore than 40 % increased as the second largest winner during the past week.
Total closed value in Defi. Source: Devillama
Thanks for reading our summary of the most influential Defi developments this week. Join us next Friday for more stories, visions and education regarding this dynamically advanced space.
