VVV (Venice Token) increased by 20.86% in the past 24 hours

Crypto Market Struggles for Recovery As Extreme Fear Raises Risk-Off Sentiment

The crypto market faces a downturn, with market cap down 1.07% and major cryptocurrencies like Bitcoin and Ethereum showing declines. Daily gainers include $DOGS, $PEPE, and $D. DeFi TVL and NFT sales also slumped, while Stripe's interest in PayPal signals shifts in digital payments.

POWER (Power Protocol) increased by 70.03% in the past 24 hours

Gate News Bot Message, February 27th, according to CoinMarketCap data, as of press time, POWER (Power Protocol) is trading at $1.88, up 70.03% in the past 24 hours, with a high of $2.56 and a low of $0.35. The 24-hour trading volume reached $59.5 million. The current market capitalization is approximately $395 million, an increase of $163 million from yesterday. ## Recent Important News about POWER: 1️⃣ **Institutional Capital Continues to Pour In, Boosts Market Enthusiasm** Bitkraft, a well-known crypto investment firm, injected $3 million into Power Protocol, demonstrating traditional venture capital's recognition of the project. The influx of institutional capital often drives market risk appetite higher and encourages retail investors to follow suit, which is a key factor in this round of price increase.

An address deposited $8.16 million worth of SIREN to Gate.

Odaily Planet Daily reports that on-chain analyst Ai Yi monitored that address 0xff3…581D7 transferred $8.16 million worth of SIREN to a new address, then recharged Gate with 1 million tokens, approximately $372,000.

MYX (MYX Finance) increased by 27.58% in the last 24 hours

Gate News Bot Message, February 27th, According to CoinMarketCap data, at the time of press, MYX (MYX Finance) is currently trading at $0.46, up 27.58% in the past 24 hours, with a high of $1.79 and a low of $0.34. The 24-hour trading volume reached $61 million. The current market capitalization is approximately $116 million, an increase of $25 million from yesterday. MYX is a decentralized derivatives trading protocol supporting perpetual contracts, cross-chain asset swaps, copy trading, and other DeFi services, operating on multiple blockchains including ARB, LINEA, and OPBNB. MYX does not provide asset custody services; all user assets are managed by users themselves in non-custodial wallets, and users execute on-chain transactions by interacting with smart contracts. ## Important recent news about MYX: 1️

ICP (Internet Computer) increased by 12.04% in the last 24 hours

Gate News Bot Message, February 27, According to CoinMarketCap data, as of press time, ICP (Internet Computer) is trading at $2.68, up 12.04% in the past 24 hours, with a high of $2.69 and a low of $2.02. The 24-hour trading volume reached $105 million. The current market capitalization is approximately $1.472 billion, an increase of $158 million from yesterday. Internet Computer is a decentralized cloud computing network that offers tamper-proof, unstoppable, and end-to-end sovereign cloud infrastructure. The network hosts serverless software that is immune to traditional cyberattacks and can handle digital assets and currencies. As a platform prioritized for AI agents, Internet Computer supports the development of high-performance applications and services.

User wallet information exposed! On-chain detective ZachXBT reveals Axiom employee suspected of insider trading

Well-known on-chain detective ZachXBT revealed that Axiom employees at the crypto trading platform abused internal tools to spy on users' wallets and may have used this information for insider trading. Axiom has revoked the relevant access rights and stated that an investigation into the misconduct is underway, emphasizing that this does not represent the overall team values. The investigation has sparked heated discussion in the market, and some traders have profited from predicting the event.