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Matt Cole, CEO of Strive Asset Management, recommended in a Feb. 24, 2025 letter that Gamestop (NYSE: GME) allocate a portion of its nearly $5 billion cash reserves to bitcoin, framing it as a strategic hedge against inflation and a potential boost to shareholder value. The proposal, confirmed by Gamestop Chairman Ryan Cohen via social media, aligns with broader corporate trends but stops short of advocating a full conversion of cash holdings. Replying to a Coindesk X post, Cohen acknowledged that he received the letter. Cole, a longtime bitcoin advocate and former portfolio manager, leads Strive—a $1.6 billion asset firm co-founded by Vivek Ramaswamy. His letter highlights Gamestop’s strong liquidity position, bolstered by recent financial stabilization efforts, as an opportunity to diversify reserves. Strive holds Gamestop shares through its exchange-traded funds (ETFs), tying its interests to the company’s performance. The suggestion mirrors moves by firms like Microstrategy, now rebranded as Strategy, which holds over 499,096 bitcoin (BTC) in its treasury. Cole proposed that Gamestop focus exclusively on bitcoin—not other cryptocurrencies—and explore financial tools like convertible debt to fund purchases, rather than depleting cash reserves entirely. Cohen’s brief acknowledgment of the proposal on X has fueled speculation, with analysts divided on whether adoption would elevate Gamestop beyond its “meme stock” reputation and introduce a new financial paradigm. The company has not disclosed any such timeline for this decision. 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到[email protected]，本平台相关工作人员将会进行核查。

Market maker Chainflip has announced it will proceed with a plan to enable interfaces to block illicit flows within the Chainflip protocol. Specifically, the market maker said a new upgrade would block funds from the Bybit hack. Chainflip, which describes itself as one of the largest decentralized cross-chain services, said it took this step because there is broad consensus that such funds expose liquidity providers (LPs) to excessive risk. A statement shared via X on Feb. 25 said Chainflip had moved quickly to cut off access to its main interface after flows from the Bybit hack were detected Feb. 22. This was a few hours after alleged North Korea-backed hackers stole digital assets worth nearly $1.5 billion. Chainflip added that its network participants have no interest in supporting criminal activity. Explaining how the upgrade to existing broker-level screening tools is expected to help thwart the Bybit hackers and other bad actors, Chainflip said: Currently, brokers (a state chain role used by interfaces to interact with the network) can reject incoming BTC deposits if they detect a high-risk transaction using any screening tool of their choice (or a combination thereof). Rejected deposits are sent back directly to the refund address specified by the user. This feature is now being extended to Ethereum and all ERC20 tokens. Shortly after conducting what has been described as the “largest financial heist” in history, the Bybit hackers began converting and swapping the stolen digital assets into bitcoin (BTC). Some reports suggested hackers had succeeded in cashing out digital assets worth millions of dollars. To stop the hackers, some in the crypto industry called on platforms like Chainflip to freeze the illicit funds. At the time, Chainflip argued its decentralized protocol could not completely block the funds. However, in one of its posts on X since the hack, Chainflip suggested the upgrade, expected to go live within 72 hours, would provide robust and permanent protection for LPs on the network. It claimed the upgrade would make its platform unattractive to criminals looking to launder stolen funds. Meanwhile, Chainflip suggested to its users that the steps it has taken are based on commercial reasons and not due to regulatory pressure. 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到[email protected]，本平台相关工作人员将会进行核查。

Market Value Expectation $ZOO As the latest click-and-earn game in the Telegram ecosystem, Zoo's positioning combines virtual zoo cultivation, token mining, and social fission mechanisms. In the current market, Catizen ($CATI) focuses on pet cultivation, Hamster Kombat ($HMSTR) excels at click-upgrade earning, and X Empire ($X) drives traffic with Musk IP. Zoo, through its multiple earnings overlay model, can reference the following benchmark protocol valuation ranges for its market value expectation:

Anonymous whale moves $198M in $SOL to FalconX Blockchain analytics firm Lookonchain reported on X that a whale unstaked 1,366,028 SOL worth $198 million and transferred it to crypto prime brokerage FalconX seven hours ago. Since then, FalconX has deposited 440,202 SOL, valued at $62.6 million, into Binance and Coinbase.

Second biggest $MELANIA investor exits with $3.74M loss The second largest MELANIA holder dumped 6.688 million tokens for 6.27 million USDC at $0.937 each, according to @EmberCN on X. This address had purchased these tokens earlier this month at $1.5 each for 10 million $USDC, resulting in a $3.74 million loss.