☕️ GM! Here are the top events in #Crypto from the past 24 hours

📊 Market Updates

🔸Crypto market saw $1.34B in liquidations as 366K traders were wiped out.

🔸Germany’s DekaBank launches crypto trading and custody services for institutional clients after securing BaFin's crypto custody license.

🔸Citadel Securities plans to offer crypto trading and liquidity, aiming to be a market maker on exchanges like Coinbase and Binance.

🔸Wintermute withdrew $38M in SOL from Binance ahead of Solana's $2B token unlock, raising concerns over potential selling pressure.

🔸The SEC acknowledged NYSE Arca’s proposal to list Grayscale’s spot Cardano ETF, starting the review process during a crypto ETF surge.

🌟 Highlights

🔸CZ's crypto portfolio consists of 98.5% BNB, 1.3% BTC, and small allocations in stablecoins, with a tiny stake in sBTC.

🔸Bybit hacker swapped $3.64M worth of ETH for DAI via DEXs, with some funds sent to eXch, which refuses to freeze the stolen assets.

🔸OKX settled U.S. DOJ charges, paying over $500M after facilitating $5B in suspicious transactions, while OKcoin faces a CFTC probe.

🔸Ethereum’s Pectra upgrade launched on Holesky testnet but failed to finalize; developers are investigating ahead of the Mar. 5 Sepolia test.

🔸Robinhood, Michael Saylor, and CCI met with the SEC's crypto task force, urging clearer regulations and a shift from enforcement actions.#BTCDipOrRebound #CZ $BNB