SoSo Daily Feb 26 | The U.S. Securities and Exchange Commission has terminated its investigation into Uniswap Labs.

Let's turn our attention to today's overall Crypto market situation.
As of 5:59 AM on February 26, 2025, according to sosovalue, the total market cap of the crypto market stands at 3.04 trillion US dollars, witnessing a decrease of 3.05% compared to yesterday; the total trading volume is 224.85 billion US dollars, marking an increase of 21.2% from the previous day.

After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 05:50 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is Maro. As of 05:50 today, its market cap is 346.85K, with a coin price of 0.00035000 USD, witnessing a 24-hour increase of 73.4%.
The second is Exeedme. As of 05:50 today, its coin price is 0.026520 USD, with a 24-hour increase of 61.8%.
The third is Alchemist AI. As of 05:50 today, its coin price is 0.026760 USD, showing a 24-hour increase of 51.5%.
In fourth place is Ben Pasternak. As of 05:50 today, its coin price is 0.00035230 USD, with a 24-hour rise of 49.2%.
In fifth place is Ava AI. As of 05:50 today, its coin price is 0.060515 USD, increasing by 39.5% over the last 24 hours.


Moving on, let's take a look at the sector performance in crypto market.
According to sosovalue, out of 16 sectors, 11 are up and 5 are down. Notably, Layer2, DeFi, and $BTC sectors are worth mentioning.




Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:The U.S. Securities and Exchange Commission (SEC) has terminated its investigation into Uniswap Labs. This move follows the agency's conclusion of similar investigations into other major participants in the cryptocurrency industry. Uniswap is the creator of the world's largest decentralized crypto exchange and received a Wells notice from the SEC last year, accusing it of operating as an unregistered exchange and broker-dealer. Under the leadership of new acting chair Mark T. Uyeda, the SEC is retracting several previous enforcement actions against the crypto industry. Uyeda has appointed Republican commissioner Hester Peirce to lead a "crypto task force" to collaborate with industry representatives on developing crypto-specific regulations. Amanda Tuminelli, the chief legal officer of the DeFi Education Fund, noted that the SEC's action is significant and provides more confidence to DeFi companies.
Next news:JUST IN: 🇺🇸 SEC acknowledges Grayscale filing to allow staking for its spot Ethereum ETF.
Next news:

According to Wu, Meow, the founder of Jupiter, revealed in a recent article that Jupiter is currently undergoing two undisclosed acquisitions to enhance the capabilities of its team and the three main pillar platforms (Jup.ag, Jupiverse, Jupnet). Meow stated that the acquisition funding will be covered by the treasury and will not affect the JUP tokenomics, with specific details yet to be disclosed. Additionally, Jupiter announced the establishment of the Litterbox Trust, which will be managed by an independent third party and has already begun operations. Over the next two years, it will receive 50% of the protocol's revenue for strategic accumulation of JUP, aimed at enhancing the long-term stability of the token. Meow emphasized that this move does not involve recent earnings but is instead aimed at laying the groundwork for the long-term development of the ecosystem and community.

Next news:Aya Miyaguchi, the Executive Director of the Ethereum Foundation, will be promoted to the position of President of the non-profit organization, coinciding with a period when her leadership is under public scrutiny from members of the Ethereum community. According to a blog post, this decision has been in the works for a year. The new role will allow Miyaguchi to continue supporting the foundation's institutional relations and community development. Ethereum co-founder Vitalik Buterin stated that the foundation is working to improve its leadership structure and has nominated former researcher Danny Ryan as the new Executive Director. The foundation has faced criticism for a lack of transparency and complex structure, but Buterin is taking steps to make the organization more inclusive.
Next news:The U.S. spot Bitcoin ETF experienced over $500 million in net outflows on Monday, marking the fifth largest outflow since its launch in January 2024. Fidelity's FBTC led the net outflows with an amount of $247 million, followed by BlackRock's IBIT and Grayscale's GBTC products. The total net outflows for the spot Bitcoin ETF over five days reached $1.07 billion. Meanwhile, the U.S. spot Ethereum ETF also saw a net outflow of $78 million on Monday. Despite this, the cumulative net inflows for Bitcoin funds still exceed $39 billion. Trading volume slightly increased to $3.80 billion on Monday. Cryptocurrency prices fell, with Bitcoin and Ethereum dropping by 7.6% and 11.2%, respectively. Solana and XRP saw even larger declines of 14.4% and 13%. Analysts pointed out that the LIBRA scam and the Bybit hack incident may have affected market sentiment. Nevertheless, analysts remain optimistic about cryptocurrencies and suggest continuing to invest heavily.
Next news:

According to reports from Modern Express, a Chinese man was found dead in a hotel in Jeju, South Korea, suspected to have been murdered during a virtual currency transaction. South Korean police have arrested four Chinese suspects, including two women in their 30s, one man in his 30s, and one man in his 60s. It has been confirmed that the four suspects fled with 85 million Korean won belonging to the victim, and investigations are ongoing regarding the motive and circumstances of the crime.

Next news:According to Slow Fog, there has been a recent phishing attack via SMS targeting Binance users; this phishing message even appeared in the conversation thread of official Binance SMS, coexisting with genuine official messages in the same context, sharing the same channel, and precisely forging the official SMS environment. The scammers spoofed the source of the official SMS by using technical means to disguise the SMS sending number, making it appear consistent with the official number, allowing the phishing message to blend into the official conversation thread. It is possible that the scammers attacked the SMS gateway or exploited security vulnerabilities of carriers/third-party SMS service providers to successfully embed the phishing message into the official channel; there may even be collusion with unscrupulous SMS suppliers to directly forge official SMS replies, making it difficult for users to distinguish between real and fake messages.
Next news:

The Aave community voted to stop lending services on the Polygon PoS chain. This decision mainly stems from the negative reaction to Polygon's proposal from last December, which aimed to generate returns using over 1 billion USD in bridged stablecoins. Aave founder Marc Zeller proposed to impose stricter risk parameters on Aave v2 and v3 on Polygon PoS to prevent deposits and loans, addressing the high risks associated with Polygon's yield generation methods. The latest version of the Aave proposal has been approved by community vote, planning to change the loan-to-value (LTV) ratio of stablecoin loans on Polygon PoS to 0%, further restricting lending. (TheBlock)

Next news:Ethena will be deployed on Aptos, and sENA will receive a 5% token allocation from Echelon.
Next news:On February 24, cybersecurity company Kaspersky reported that a malware activity named "GitVenom" is stealing cryptocurrencies and user credentials by faking GitHub projects. The report indicates that hackers have created hundreds of counterfeit GitHub repositories containing Remote Access Trojans (RATs), information-stealing tools, and clipboard hijackers, disguised as projects like Telegram Bitcoin wallet management bots and Instagram automation tools. Investigations have found that this activity has been ongoing for at least two years, with one victim losing 5 Bitcoins (approximately 442 thousand USD) last November. Currently, the attacks are primarily focused on users in Russia, Brazil, and Turkey. Users are advised to carefully verify code security. (Cointelegraph)

Okay that's all for today. Thank you for tuning in, and we hope you found it helpful. Visit sosovalue.com, our one-stop financial research platform for crypto investors, to stay abreast of the latest market trends and key information. Until next time, goodbye.