Ripple CEO's Reported X Partnership Lacks Specifics
Ripple's CEO reportedly signaled a potential partnership with Elon Musk's X, but specific details on timing, nature, terms, or direct statements are absent from available research. No discernible market reactions or sentiment shifts for $XRP or $REAL were observed. $XRP still experienced a 1.4% price decrease over 24 hours and 10.7% over seven days.
IoTeX Confirms Private Key Breach, Token Loss Contained
IoTeX has confirmed a private key compromise affecting its cross-chain bridge infrastructure. An attacker gained unauthorized access to TokenSafe and MinterPool contracts, leading to a confirmed loss, clarified by co-founder Raullen Chai from initial $8.8 million reports. Losses are stated as contained. The breach resulted in the theft of $USDC, $USDT, $IOTX, $WBTC, and unauthorized minting of CIOTX and CCS tokens. Stolen funds were swapped to $ETH and moved to Bitcoin via Thorchain, a common tactic to obscure transaction trails. IoTeX is coordinating with exchanges to trace and freeze compromised assets. $IOTX price declined 9.15% over 24 hours to $0.004909, with 24-hour and 7-day changes at -6.8% and -18.5% respectively.
Uniswap Phishing Ads Drain Wallets
Uniswap users face active phishing ads designed to drain crypto wallets, with at least one wallet recently compromised. The deceptive ads impersonate Uniswap to trick users into unknowingly granting asset access. Community sentiment for $UNI registered scores of -64 and -54, reflecting bearish concerns over the ongoing scam attempts.
Trump Proposes Global Tariff Hike Post-Court Ruling
Donald Trump announced a plan on February 22 to increase global tariffs from 10%. This proposed escalation follows a U.S. Supreme Court ruling on tariffs, which Trump called "absurd and shoddy." He reportedly stated, "You rule my tax increase illegal, I will punish the whole world," a declaration made shortly after the judicial decision concerning his previous tax plans.