Anyone Can Push Updates to the DOGE Website: 404media

The doge.gov website that was spun up to track Elon Musk’s cuts to the federal government is insecure and pulls from a database that can be edited by anyone.

Still live on website here: https://doge.gov/workforce?orgId=1&ref=404media.co

ETH Pectra Testnet Announcement: ETH

*It will go live on Holesky at 21:55 UTC Feb. 24, and then on Sepolia at 7:29 UTC Mar. 5

*ABU DHABI'S SOVERIGN WEALTH FUND BOUGHT $436M OF BITCOIN ETFS IN Q1: 13F

TSMC CONSIDERS OPERATING US INTEL FACTORIES AFTER TRUMP REQUEST

MUSK’S XAI DISCUSSES $10 BILLION RAISE AT $75 BILLION VALUATION

FIGURE AI HUMANOID STARTUP IN TALKS FOR $40B VALUATION

Backed by OpenAI and Microsoft, Figure is discussing a $1.5 billion funding round.

EARLIER: META PLANS MAJOR INVESTMENT INTO AI-POWERED HUMANOID ROBOTS

Every great cause begins as a movement, becomes a business, & eventually degenerates into a racket

This industry went from we are going to fight the state building decentralised cyberpunk future

..into begging CZ, Nazi Ye, Mark Cuban, Mr. Beast, Joe Rogan & many others to launch a meme..

..to getting rugged by kols, cabals, in the name of cancer, Ansem, Murad's supercycle list, Andrew Tate, logal paul, Haliey Welch, 15 year old kid, Iggy Azalea, AI agent memes, enron (yes again), trump's pastor (?), Dave Portnoy, state officials, celebrities, the First Lady, president of Central African Republic, Argentina, & USA

*Money extracted from memes on solana: $5B+ (this excludes CEXs & other chains) so, real number could be $10B+ or $15B+ we don't know actual number but it's way above $5B obv...

ICYMI: meme playbook: There are Contracts where unknown party pays these celebrities/kols some money upfront & rest after they post on X & post remain up for x amount hours and they can later post "my account was hacked," or "we are not related to this", etc.. so, in almost 100% of the cases it's either really hacked or it's contract kols/cabals pushing shitcoins

These aren't market cycles anymore - they're market seizures. When you need to be glued to your screen every second just to avoid being "late," something's fundamentally broken.

Constant rotation, the 24/7 FOMO, the endless parade of "next big things" it's exhausting even the most seasoned folks.

Now, this burning out builders who are chasing a dragon that doesn't exist. Real projects can't compete with pump-and-dumps masquerading as "communities."

Some Hard Truths:
*It's not scammers/insiders fault, they doing what they supposed to do, it's your/community/projects fault who made celebrities/kols/cabals leaders of this space. Stop giving spotlight to them.
*Stop making memes priority over everything else happening in the space
*This isn't sustainable
*The intention of most launches these days is to purely steal.
*Criminals & crime are not a +ve for crypto. They shouldn't be glorified & their posts liked & promoted.
*Centralised Exchanges needs to give some damm about reputation instead of extracting fees, volumes and listing every shit that's going viral for few hours, you are regulated & centralised for a reason.
*If people on your tl defending this & triggering FOMO, you should unfollow them. They are extracting value from the space & farming you. If u need help with "who to not follow" we know about a list but it's not officially by us so, search around/check grp.
*No-one can rug you if you don't buy their obvious scams & stopped listening to kols/celebrities & obvious scammers on internet....Greed is good... until it isn't...
*Don’t waste your life making some KOL/cabal dork rich.
*do we think this going to change anything? Tbh probably not, you have CZ shilling memes to Coinbase CEO saying there are ~1m tokens/wek so we needs to move from a an allow list to a block list...

h/t 𝕏: ColdBloodShill, Finch in flight, & AlejNavia, coffeebreak_YT, infinityhedge ex founder & others

Now, few related reads:
What Really Happened with $LIBRA: https://x.com/DiogenesCasares/status/1890853180897948091

Money extracted from memes:
https://x.com/0xngmi/status/1890783855054831910

memecoins a serious net -ve for society: https://x.com/0xngmi/status/1890708635208282326

Responses from projects:
https://x.com/KIPprotocol/status/1890844030235561984

https://x.com/KelsierVentures/status/1890914583910449505

Meteora https://x.com/hellochow/status/1891341548115149190

https://x.com/JupiterExchange/status/1891181433588470052

MUST WATCH⚠️
*Coffezilla's interview on $LIBRA https://youtu.be/EqizJTbxAEM

Now, we will read some quotes for sound mind:

*It is difficult to get a someone/community to understand something when their bag depends on their not understanding it

*When the tide goes out, you see who’s been swimming naked

*The media's/kols/many others job is to sell you the illusion of choice (mute the noise)

The Week Ahead | @infinityhedge

*No Bitcoin purchase news expected by MicroStrategy this week
*Trump, Elon Musk Fox News interview; 9PM ET: 18
*FTX repayments; Claims <$50k ~ $1.2B at 10AM ET: 18
*Apple Launch Event: 19
*Binance.US Announcement: 19
*Argentina’s Javier Milei’s Libra Token Scandal Fallout

DEEPSEEK WEIGHS RAISING OUTSIDE MONEY FOR FIRST TIME - THE INFORMATION

ALIBABA AND CHINESE STATE FUNDS HAVE EXPRESSED INTEREST IN INVESTING IN DEEPSEEK

TRUMP CALLS UKRAINE’S PRESIDENT ZELENSKIY A DICTATOR WITHOUT ELECTIONS

TRUMP SAYS UKRAINE'S ZELENSKIY "BETTER MOVE FAST" OR HE WON'T HAVE A COUNTRY LEFT

ECB Wants to Establish Blockchain-Based Payment System: BBG

*SEC LAUNCHES CYBER AND EMERGING TECHNOLOGIES UNIT

*SEC CYBER UNIT WILL COMBAT FRAUD IN CRYPTO AMONG OTHER AREAS

SEC STAFF HAS AGREED IN PRINCIPLE TO DISMISS ITS UNLAWFUL ENFORCEMENT CASE AGAINST COINBASE, SUBJECT TO COMMISSIONER APPROVAL: LINK

*TRUMP EYES TARIFFS TO COUNTER DIGITAL TAXES HATED BY BIG TECH

President Trump is expected to sign a memorandum on Friday that allows for levies in response to digital services taxes imposed by some countries on US tech giants

*APPLE PULLS CLOUD ENCRYPTION FEATURE IN UK AFTER BACKDOOR ORDER

Apple is removing its most advanced, end-to-end encrypted security feature for cloud data in the United Kingdom, in a stunning development after the government ordered the company to build a backdoor for accessing user data.

*UK government ordered Apple to build a backdoor into customer data globally.

Currently monitoring suspicious outflows from Bybit of $1.46B+ will update as information becomes available

0x47666Fab8bd0Ac7003bce3f5C3585383F09486E2

ZachXBT: My sources confirm it's a security incident

BYBIT CEO CONFIRMS A ETH COLD WALLET WAS HACKED FOR $1.4B+ (401K ETH)

*Hacker took control of the specific ETH cold wallet we signed and transfered all ETH in the cold wallet to unidentified address. Please rest assured that all other cold wallets are secure. All withdraws are NORMAL.

Bybit Total Assets: $15.727B (per defillama)

Bybit Processing Withdrawals Normally: Onchain

*BYBIT CEO: Bybit is Solvent even if this hack loss is not recovered, all of clients assets are 1 to 1 backed, we can cover the loss.

Ethena Labs : Not a single dollar of spot backing value is held on any exchange, including Bybit.

Update: the $30m of unrealised PNL noted in the prior post has been reduced to $10m and we expect to have zero unrealised PNL exposure to Bybit within the next hour.

There are currently $2.0b of liquid stablecoins in USDe backing which can be redeemed immediately if users wish.

2nd Update: The unrealised PNL exposure to Bybit has been reduced to zero

BYBIT CEO Livestream on the Latest ETH Wallet Incident: LIVE NOW

https://www.bybit.com/en/press/live/eth-wallet-incident

https://www.youtube.com/live/Pso66cnmdWk