PA Daily News | Anthropic's Claude jumps to the top of the US App Store charts; Jeff Huang loses $74 million in the past six months.

Today's top news highlights:

Regulatory news

Trump reveals Iranian insiders made contact

In an interview, Trump stated, "The Iranians have contacted me. Someone within the Iranian government has reached out. I probably shouldn't tell you who he is. He no longer reports to the Supreme Leader."

The US-Iran conflict triggered volatility in the oil market, prompting investors to reduce their bets on a June rate cut by the Federal Reserve.

According to CLS News Agency, the weekend attacks on Iran by the United States and Israel triggered turmoil in the international oil market. Many Wall Street figures stated that these attacks may also reduce the likelihood of a Federal Reserve rate cut this year. According to the CME Group's FedWatch tool, investors further recalibrated their interest rate expectations on Monday and reduced their bets on a June rate cut. The probability of the Fed keeping rates unchanged at the June meeting is currently estimated at 47%, up from 42.7% last Friday.

Explosions sounded again in Kabul, the capital of Afghanistan.

Israeli media: Germany is considering joining the war with Iran.

France says it is “ready to participate” in the defense operations of the Gulf states.

Trump: Believes Arab countries do not need to join the US in attacking Iran

US President Trump stated, "I don't think Arab countries need to join the US in attacking Iran."

Project Updates

YAM Finance responds to Inverse attack: Suspicious transactions originated from LlamaLend, not a contract vulnerability.

In response to BlockSec's monitoring of a suspected attack on Inverse Finance resulting in a loss of approximately $240,000 , YAM Finance issued a statement on the X platform stating that the incident was not due to a vulnerability in the Inverse contract, but rather related to the LlamaLend mechanism. According to their explanation, the attackers launched a "donation attack" on LlamaLend targeting sDOLA, pushing the price up from approximately 1.188 sDOLA = 1 DOLA to approximately 1.358 sDOLA = 1 DOLA. Subsequently, they liquidated almost all user positions using sDOLA as collateral to borrow crvUSD. The reason why the increase in collateral value triggered liquidation is not yet fully understood; normally, users should be moved away from the liquidation line rather than closer to it. It is worth noting that the "secondary effect" of this price anomaly is still ongoing, resulting in an approximately 14% increase in paper profits for users who did not leverage their LlamaLend positions and only held sDOLA. Furthermore, DOLA is currently trading at approximately a 1% discount to its pegged value on the secondary market, and some community members have suggested that borrowers consider repaying their DOLA debt during this discount period.

Warning: OpenClaw Gateway has a high-risk vulnerability. Please upgrade to version 2026.2.25 or later immediately.

The GoPlus Chinese community has issued a warning about a high-risk vulnerability in the OpenClaw Gateway. Users are urged to immediately upgrade to version 2026.2.25 or later and audit and revoke any unnecessary credentials, API keys, and node permissions granted to Agent instances. Their analysis states that OpenClaw operates through a WebSocket Gateway bound to the local host. This Gateway, as the core coordination layer for the Agent, is a crucial component of OpenClaw. This attack targets a weakness in the Gateway layer, requiring only one condition: the user visits a malicious website controlled by the hacker in their browser.

Binance Futures will launch pre-market trading of KATUSDT USDT perpetual contracts.

According to the official announcement, Binance Futures will launch pre-market trading of KATUSDT perpetual contracts on March 2, 2026 at 13:00 (UTC+8), with a maximum leverage of 5x.

Anthropic's AI app Claude has jumped to the top of the US App Store's free app download chart.

Anthropic's AI chatbot app Claude recently jumped to the top of the US App Store's free app download chart, a significant rise from 42nd place two months ago.

Important data

Arkham: Arthur Hayes' net worth is estimated to be between $200 million and $350 million.

According to Arkham's report on Arthur Hayes' net worth and on-chain holdings, BitMEX co-founder Arthur Hayes' net worth is estimated to be between $200 million and $350 million. Hayes' wealth exceeded $1 billion during the 2021 bull market, making him widely reported as one of the youngest billionaires in the crypto industry, but it has since shrunk significantly with the market correction.

Hayes' on-chain holdings currently stand at $42 million, with the largest holding being the USDC stablecoin, worth nearly $27 million. He also holds $8.6 million worth of Ether.Fi's EETH and WEETH products, and $8.5 million worth of investments in Ethena (ENA), Lido (LDO), and Pendle (PENDLE). A major component of his wealth is his stake in BitMEX. Although BitMEX reached a valuation of $3.6 billion in 2019 with an annual trading volume exceeding $1 trillion, its current trading volume is approximately $385 million. Arkham conservatively estimates its 2026 valuation at $500 million. As a co-founder, Hayes could potentially hold up to 33% of the shares, but this has likely been diluted after years of turmoil.

Currently, approximately 9.09 million Bitcoins are in a loss-making state, representing about 46% of the circulating supply.

CryptoQuant analysts say that there are currently about 9.09 million Bitcoins in a loss-making state, representing about 46% of the circulating supply.

F2Pool co-founder Wang Chun's associated address has withdrawn $67.5 million worth of ETH from Binance in the past two weeks.

According to Arkham's monitoring, an address associated with F2Pool co-founder Wang Chun withdrew $67.5 million worth of ETH from Binance in the past two weeks. This address currently holds $150 million worth of ETH, which has been deposited into AAVE. In the past month and a half, Wang Chun has deposited approximately $240 million worth of USD stablecoins into Binance.

Huang Licheng has lost $74 million in the past six months.

According to Arkham, Huang Licheng, affectionately known as "Brother Machi," has lost $74 million in the past six months—he had been trying to leverage his position to go long on Ethereum since its price reached $4,700 last September. Now, his HL account has only $8,500 left, suggesting he has almost completely lost his money.