Odaily Planet Daily reports that Kevin Warsh's plan to shrink the Federal Reserve's balance sheet will proceed slowly. As Trump's nominee for Fed chair, Warsh is facing resistance in his plan to shrink one of the Fed's most influential tools. Warsh has repeatedly stated that the Fed's nearly $7 trillion balance sheet reflects its overstepping of congressional authority and has pointed out that the massive bond purchases under previous quantitative easing programs have distorted financial markets. However, sources familiar with the matter revealed that Warsh will only begin adjusting the Fed's balance sheet after extensive consultations with banks and the wider public regarding the potential impact. These sources also stated that he is unlikely to push the balance sheet back to pre-2008 financial crisis levels and will call for internal research and academic conferences to discuss the issue before taking action. Warsh also believes that the 2008 crisis showed that over-reliance on the interbank market poses a risk to financial stability and has publicly advocated for a "third model" of balance sheet management. Some regional Fed presidents are willing to consider a gradual shift to a new balance sheet management model. (Financial Times)

A recent report from cybersecurity firm Moonlock Lab reveals that hackers are using the "ClickFix" attack technique to impersonate venture capital firms and commit cryptocurrency scams. Scammers impersonate VC firms like SolidBit, contacting potential victims via LinkedIn and tricking them into clicking on fake meeting links to execute malicious code. Simultaneously, the Chrome extension "QuickLens" is hijacked to steal encrypted wallet data and seed phrases. The "ClickFix" technique is particularly dangerous because it induces users to execute malicious commands, bypassing conventional security measures. Security experts warn that such attacks have targeted multiple industries since 2024, affecting thousands of devices globally every day. (Cointelegraph)

Huoxun Finance reported on March 3 that, according to a report by Cailian Press citing Iranian media on March 2, Iranian Islamic Revolutionary Guard Corps Commander Jabari stated that any ship attempting to pass through the Strait of Hormuz would be shot down, and that Iran would not allow a single drop of oil to flow out of the region. However, according to Fox News, a senior US military officer stated that Iran has not patrolled the Strait of Hormuz, nor has it implemented any blockade measures. Currently, there is no evidence of mines in the area, but merchant ships are navigating cautiously.

Huoxun Finance reported on March 3rd that, according to Cointelegraph, hackers are using the "ClickFix" attack technique to steal cryptocurrencies. The two latest attacks involve impersonating venture capital firms and hijacking browser extensions. Cybersecurity firm MoonlockLab reported that scammers impersonated fake VCs such as SolidBit, MegaBit, and LumaxCapital, contacting users via LinkedIn with offers of collaborations, then directing them to click on fake Zoom and GoogleMeet links. After clicking the links, users were redirected to a page with a fake Cloudflare "I'm not a robot" verification box. Clicking this box copied malicious commands to the clipboard and prompted users to open their terminals and paste a purported verification code, thus executing the attack. MoonlockLab pointed out that this method turns victims into execution mechanisms, bypassing security industry defenses. Simultaneously, hackers also spread malware by hijacking the Chrome extension QuickLens. This extension allows users to run GoogleLens searches directly in their browsers; after ownership was transferred, the new version contained malicious scripts that could launch ClickFix attacks and steal information. This extension, used by approximately 7,000 users, would search encrypted wallet data and mnemonic phrases to steal funds after being hijacked. It would also scrape Gmail inbox contents, YouTube channel data, and login credentials or payment information entered into web forms. The extension has been removed from the Chrome Web Store. ClickFix, a technique that has been popular among hackers since last year, forces victims to manually execute malicious payloads and has affected thousands of businesses and industries worldwide.

Huoxun Finance News, March 3 – According to CCTV News cited by Cailian Press, the Israeli military stated on March 3 local time that it was simultaneously conducting airstrikes on Tehran, the capital of Iran, and Beirut, the capital of Lebanon.