Crypto Live News Today : 17th Feb

Changpeng Zhao (CZ), Binance founder, pledged 150 BNB (about $100,000) to victims of the LIBRA memecoin scandal, following a college student’s $50,000 donation. LIBRA soared after Argentine President Javier Milei’s endorsement but collapsed, affecting 40,000 investors with losses of up to $4.4 billion.

Hackers recently took over the Saudi Law Conference’s official account on X, impersonating Crown Prince Mohammed bin Salman. The attackers promoted fraudulent cryptocurrencies, including the “Official Saudi Arabia Memecoin” and “FALCON Memecoin,” using his name and image. The conference confirmed the breach on LinkedIn, stating that the compromised posts do not reflect its views. Authorities are working to regain control of the account.

Binance will delist and cease trading for AirDAO (AMB), CLV (CLV), StormX (STMX), and VITE (VITE) spot pairs as of 2025-02-24 03:00 (UTC). Delisted pairs include AMB/USDT, CLV/BTC, CLV/USDT, STMX/TRY, STMX/USDT, and VITE/USDT. Active orders will be canceled and token valuations removed. Deposits for these tokens stop at 2025-02-25 03:00 (UTC) while withdrawals are unsupported after 2025-04-24 03:00 (UTC).

Multiple US state pension funds hold MicroStrategy (MSTR) shares, reflecting growing institutional interest in the company’s Bitcoin-focused strategy. Leading holders include California’s State Teachers’ Retirement System with $353 million AUM, followed by New York’s Pension Fund at $127 million. States such as Florida, Texas, and Arizona also hold MSTR shares. In total, these funds collectively represent 330 million overall in AUM. This shows expanding confidence in MicroStrategy’s approach and Bitcoin amid rising cryptocurrency adoption.

Melania Meme’s team tokens will unlock on February 19–20, releasing 3% (30 million tokens) valued at $39 million. According to the schedule, tokens are locked for 30 days before 3% is immediately released. Over the following 12 months, an additional 2.25% (22.5 million tokens) will unlock each month, totaling 30% over 13 months. This unlock marks a key milestone for the project. Visit the official website and blockchain explorer for further details.

Metaplanet Inc. announced purchasing an additional 269.43 Bitcoin at an average price of 14,846,322 yen, spending 4.0 billion yen in total. This raises its total Bitcoin holdings to 2,031.41 BTC, acquired at an average cost of 12,243,936 yen per coin. The move aligns with Metaplanet’s ongoing Bitcoin Treasury strategy. The company also disclosed a 15.3% BTC Yield from January 1 to February 17, 2025. Management believes this strategy benefits shareholders by focusing on accretive Bitcoin accumulation