1. **SEC and Gemini Trust**: The SEC concluded its investigation into Gemini Trust Company without enforcement action. 
2. **SEC, Justin Sun, and Tron**: A joint motion was filed to suspend the SEC's fraud lawsuit against Justin Sun and Tron to explore settlement options.
3. **US Senate Hearing on Digital Assets**: The first hearing prioritized stablecoin legislation over market structure regulation.
4. **FBI and North Korean Hackers**: The FBI confirmed that the North Korean group "TraderTraitor" stole $1.5 billion in crypto from Bybit.
5. **Nvidia's Financial Performance**: Nvidia's Q4 revenue soared 78% due to high demand for AI chips, exceeding expectations.
6. **Coinbase Listings**: Coinbase announced the listing of Morpho (MORPHO) and added Cookie DAO (COOKIE) to its roadmap.
7. **MARA Holdings Financial Results**: MARA Holdings reported a 37% increase in Q4 revenue and a 248% increase in net profit.
8. **Bybit Hack Investigation**: Bybit released a report on the hack, attributing it to a Safe infrastructure vulnerability.
9. **QuickNode's Accelerator Program**: QuickNode launched a $65 million accelerator for Layer 2 projects with partners like Google and Coinbase Ventures.
10. **Crypto Market Sentiment**: The Fear and Greed Index dropped to 10, indicating extreme panic.
11. **Raise Financing**: Crypto gift card platform Raise completed a $63 million financing round led by Haun Ventures.

 SEC closes Gemini Trust investigation, no enforcement action
 The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Gemini Trust Company, LLC and decided not to take enforcement action, SEC documents show.
 SEC, Justin Sun, and Tron jointly apply for suspension of litigation to explore settlement possibilities
 U.S. court documents show that the SEC, Justin Sun, Tron Foundation, BitTorrent Foundation and Rainberry jointly filed a motion with the Federal Court for the Southern District of New York, requesting a suspension of the SEC's fraud lawsuit against Sun and Tron to consider "potential solutions."
 The first US Senate hearing on digital assets: Stablecoin legislation takes priority, market structure regulation postponed
 Former CFTC Chairman Advises Congress to Prioritize Stablecoin Regulation, Delay Market Structure Legislation
 US Treasury Secretary Hires Galaxy Digital Advisor Tyler Williams to Lead Crypto Policy
 FBI: North Korean hacker group "TraderTraitor" stole $1.5 billion in crypto assets from Bybit
 According to the FBI announcement, the US Federal Bureau of Investigation (FBI) confirmed that the North Korean hacker group "TraderTraitor" was responsible for the theft of $1.5 billion in crypto assets from the Bybit exchange on February 21. The FBI said that the hackers have converted part of the stolen funds into Bitcoin and stored them in multiple blockchain addresses, and it is expected that they will be exchanged for legal currency through money laundering channels in the future.
 The FBI urged RPC node operators, exchanges, DeFi service providers and blockchain analysis agencies to block addresses related to TraderTraitor to prevent further circulation of stolen assets. At the same time, the FBI listed multiple Ethereum addresses related to the organization and called on companies to cooperate with law enforcement agencies to jointly combat North Korean cybercrime.
 Trump: Will soon announce 25% tariffs on EU
 Gotbit founder Aleksei Andriunin extradited to US to face market manipulation charges
 U.S. House of Representatives committee pushes to repeal new IRS DeFi tax rules, industry calls it "unworkable"
 Nvidia's Q4 revenue soared 78% to $39.3 billion, driven by strong demand for AI chips
 Nvidia's quarterly revenue grew sharply, exceeding Wall Street expectations, as demand for its AI-specific chips surged. The company's revenue for the fourth quarter of fiscal year 2025 increased 78% year-on-year to $39.3 billion, higher than the market's expectation of around $38 billion. Nvidia (NVDA.O) had a net profit of $22.091 billion in the fourth quarter of fiscal year 2025, compared with market expectations of $19.611 billion and $12.285 billion in the same period last year. Nvidia said it expects revenue of $43 billion in the first quarter of fiscal year 2026, roughly in line with Wall Street's expectations of about $42 billion. Nvidia CEO Jensen Huang said the demand for Blackwell is staggering because reasoning artificial intelligence adds another law of expansion-increasing training calculations to make models smarter, and increasing long-term thinking calculations to make answers smarter. Nvidia's stock price rose by more than 3.5% after the U.S. stock market.
 Coinbase launches Morpho (MORPHO), supporting Ethereum and Base networks
 Coinbase announced that it will list the Morpho (MORPHO) token and support Ethereum (ERC-20) and Base networks. Users need to ensure that they transfer funds on the correct network, otherwise funds may be lost. MORPHO deposits are now open and trading is expected to start at 1:00 am Beijing time on February 28 (9:00 am PT on February 27), depending on liquidity conditions.
 Coinbase Adds Cookie DAO (COOKIE) to its Listing Roadmap
 Ondo Finance partners with Mastercard to bring RWA to MTN
 Berachain Appoints Former Polygon Labs CTO Paul O'Leary as New CTO
 MARA Holdings announces Q4 2024 financial results, with revenue increasing 37% year-on-year
 Bitcoin mining company MARA Holdings announced its Q4 2024 financial report. The company's revenue for the quarter reached US$214.4 million, a year-on-year increase of 37%, and its annual revenue reached US$656.4 million, a year-on-year increase of 69%. Net profit increased by 248% year-on-year to US$528.3 million, and its annual net profit increased by 107% to US$541 million.
 Bybit releases hacker forensics report: funds stolen due to Safe infrastructure vulnerability
 Safe: Forensic review by external security researchers did not indicate vulnerabilities in the smart contracts or front-end and service source code
 SlowMist confirms that Safe developer devices have been hacked and malicious code has been injected into the front end
 Circle Lianchuang: US dollar stablecoin issuers should register and operate in the United States
 Circle and Tether diverge on U.S. stablecoin regulation
 QuickNode Launches $65 Million Layer 2 Accelerator with Google and Coinbase Ventures Joining
 According to The Block, Web3 infrastructure provider QuickNode announced the launch of the "RollOut" accelerator program with a scale of US$65 million to support the next generation of Layer 2 projects. The program will be launched in March and will provide participants with technical tools, financial support and industry resources. Partners include more than 30 institutions including Google, Coinbase Ventures, Dragonfly, Arbitrum, Chainlink, Fireblocks and Protocol Labs.
 RollOut lasts for eight weeks and will provide training in ecosystem construction, community development, token economics and market strategy, as well as data availability subsidies and security audit discounts for selected projects. QuickNode estimates that by 2030, the Layer 2 market size may reach $1 trillion, and hopes to use this program to incubate high-quality projects and promote innovation in decentralized applications (dApps).
 Today's Fear and Greed Index dropped to 10, the lowest since June 2024
 According to Alternative.me data, today's cryptocurrency panic and greed index dropped to 10 (yesterday was 21), hitting a new low since June 2024, and the level is extreme panic.
 Phantom acquires SimpleHash to enhance wallet’s real-time token data capabilities
 Dfinity founder criticizes Web3's "pseudo-on-chain" model and suggests Safe{Wallet} migrate to ICP to improve security
 Crypto gift card platform Raise completes $63 million financing, led by Haun Ventures
 According to Fortune, the encrypted gift card platform Raise announced that it has completed a $63 million financing round, led by Haun Ventures, with participation from Paper Ventures, Selini Capital, GSR and Raj Gokal, co-founder of blockchain Solana. The company declined to disclose the valuation of this financing.
 FTX bankruptcy legal costs approach $1 billion, close to the historical level of Lehman Brothers case
 Circle issues another 250 million USDC, Solana's total growth to $8.5 billion by 2025
 Bybit hackers continue to launder money, 206,000 ETH have been transferred, and 292,000 ETH remain
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Cryptocurrency Market Dynamics: SEC Investigations, Hacking Attacks, and Market Sentiment