Wow! Big things happened in the world of cryptocurrency this week! There were some big price changes, some big hacks, and even a crypto summit at the White House!
One company linked to President Trump, called WLFI, bought a lot more Ether (a type of cryptocurrency) when its price went down. Also, Solana, another cryptocurrency, lost almost half a billion dollars as people moved their money to safer places.
Finally, lots of money was invested in new crypto projects, especially in DeFi (that's like borrowing and lending money using cryptocurrency).
- A company linked to President Trump bought more cryptocurrency.
- Solana lost a lot of money as people worried about scams.
- There was a big meeting at the White House about cryptocurrency.
- Lots of money was invested in new crypto projects.
- Hackers stole over $1.4 billion in cryptocurrency from Bybit.
| Fact | Number |
|---|---|
| Ether bought by WLFI | $10 million+ |
| Solana outflows | $485 million |
| Bybit hack | $1.4 billion |
| Total crypto VC funding in February | $1.11 billion |
