Today's Web3 Market Watch:

First of all, some seemingly useless projects in the market have performed remarkably. The South Korean project USELESS coin has a market value of 110 million USD, with a maximum return on investment reaching 445 times. The GOR fork project in the Solana ecosystem has increased by 12 times, while the FB token has achieved a growth of 101 times.

Secondly, the US-listed company Lion announced a financing of 600 million USD, planning to increase its holdings of hype tokens, while also considering allocating assets such as SOL and SUI, demonstrating the strategic layout of institutions in the cryptocurrency space.

Meanwhile, tensions in the Middle East have escalated again, causing the price of Bitcoin to drop to $103,500. While Trump publicly stated a hardline stance against Iran, his associated account TRUMP sold approximately $170,000 worth of digital assets, and the Melania-related account sold about $12 million, drawing market attention.

In terms of security incidents, the Iranian exchange Nobitex was hacked, resulting in losses of up to $100 million. Reports indicate that the pro-Israel hacking group Gonjeshke Darande (Raptor Sparrow) claimed responsibility, demonstrating that geopolitical conflicts have extended into the realm of digital assets.

Additionally, a well-known cryptocurrency figure fell victim to a scam on WeChat, resulting in a loss of $50,000. This serves as a reminder that even industry veterans can easily become victims of social engineering attacks. It is recommended to conduct video verification before engaging in any cryptocurrency transactions to ensure the authenticity of the other party's identity.