BTC falls below the $93000 mark

According to official OKX news, OKX Seychelles subsidiary has reached a settlement with a US Department of Justice investigation today, admitting that due to insufficient compliance controls in history, a small number of US clients had conducted transactions on the company's global platform. According to the settlement agreement, OKX agreed to pay a fine of $84 million and waive approximately $421 million in revenue earned from US clients during this period, most of which came from a few institutional clients. In this settlement, there were no allegations of customer damage, no charges were brought against any company employees, and no government supervisors were appointed. OKX stated that it will strengthen its Customer Identification (KYC) system and Customer Risk Rating (CRR) system, expand its Enhanced Due Diligence (EDD) program, deploy industry-leading anti money laundering (AML) and sanction tools, and has already formed a team of over 150 professional investigators for this purpose.

According to BlockBeats, on February 25th, Bybit CEO Ben Zhou posted on social media that "user liquidation does not necessarily mean that the trading platform is profitable. Bybit ranks first in the 24-hour liquidation ranking because we provide completely transparent data about clearing

OKX - LDO's current price is $1.37, with a drop of 18.45% in 24H. 24-hour transaction volume of 400 million US dollars, an increase of 105.37%, for reference only

Foresight News reports that DeFi protocol Aave has released a v3.3 upgrade, introducing bad debt management and clearing optimization functions. The recording and destruction functions of bad debt management can handle unsolvable debts, and are compatible with the upcoming Umbrella's automatic bad debt coverage function. Umbrella aims to use pledged aTokens to absorb bad debts, thereby eliminating the need for governance interventions. Users can earn rewards for contributing to protocol security by pledging aTokens without borrowing money.

On February 25th, according to HypurScan monitoring, a whale opened a short position in Ethereum on Hyperliquid with 50 times leverage in January, and has now gained about $48.2 million. If Ethereum rises to $4056.8, its corresponding position will be liquidated.