Wu's Daily Selected Crypto News - 499 thousand ETH stolen from Bybit has been completely laundered, taking a total of 10 days.

1. Bybit's stolen 499 thousand $ETH has been completely laundered, taking a total of 10 days.

During this period, the price of $ETH dropped by 23%, from $2,780 to $2,130. The hacker primarily used THORChain for laundering operations, which resulted in $5.90 billion in trading volume and $5.50 million in transaction fees for the platform. SlowMist

2. Arthur Hayes: Firmly believes we are still in a bull market cycle, with the worst-case scenario seeing Bitcoin drop to $70,000.

I'm not sure if it will fall to that level. A positive indicator of dollar liquidity is that the U.S. Treasury's total account balance is decreasing, which is equivalent to a liquidity injection. I expect there will be another opportunity at lower levels around $80,000. If the S&P 500 or Nasdaq 100 corrects by 20% to 30% from their all-time highs, and a major financial institution faces bankruptcy risk, we could experience a synchronized downturn in the global markets. That would mean all risk assets would be affected together, and Bitcoin could fall below $80,000 again, possibly down to $70,000. Whatever happens, we will cautiously buy the dip on the way down, not using leverage, and wait for the eventual global financial upheaval (especially in the U.S.), which will bring Bitcoin to $1,000,000 or higher.

3. Farcaster co-founder predicts crypto asset reserves: the government will only retain seized assets and will not make new purchases.

Farcaster co-founder Dan Romero tweeted predictions about crypto asset reserves: the government will only retain seized assets and will not make new purchases; Bitcoin will constitute 80% of the reserves. XRP and ADA might be included in the reserves through physical tax payments or similar donations.

4. El Salvador's $1.40 billion IMF loan agreement includes Bitcoin regulatory conditions.

The new IMF loan terms reveal key measures that El Salvador must take related to Bitcoin: end public participation in Chivo (the government-supported digital wallet) by July 2025 and stop using public funds; liquidate the Fidebitcoin trust and publish audited financial data; establish a Bitcoin management framework for government-held $BTC; publicly disclose all hot and cold wallet addresses and $BTC holdings to the IMF; and undergo regular reviews by the IMF to ensure compliance before 2025.

5. Renowned streamer Amouranth claims she was held at gunpoint and robbed, with demands for cryptocurrency.

Renowned streamer Amouranth (Kaitlyn Siragusa) posted on platform X late at night on March 2, stating that she was held at gunpoint during a home invasion, with robbers demanding cryptocurrency. On March 3, she updated that three armed men broke in and released what appears to be surveillance footage. The video shows that after she led the robbers to another part of the house, three loud bangs were heard, after which the robbers fled. Amouranth is known for publicly sharing her financial status; in November 2024, she posted a screenshot of her Coinbase account, showing she held approximately 211 Bitcoins, valued at $20 million at the time.