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Jane Street faces insider trading allegations that hastened Terraform’s 2022 collapse

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High-frequency trading powerhouse Jane Street is accused of insider trading that accelerated the 2022 collapse of crypto project Terraform Labs, which destroyed billions in investor wealth. Todd Snyder, the administrator behind Do Kwon’s shuttered Terraform Labs, has sued Jane Street, seeking damages from co-founder Robert Granieri and employees Bryce Pratt and Michael Huang, according to […]

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Bitcoin (BTC) Falls Below $63,000 and History Indicates There Will Be More Trouble Ahead Before Hitting Bottom

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Bitcoin BTC$63,342.49 fell below $63,000 during Asian trading hours, extending overnight weakness amid President Donald Trump’s tariffs and AI jitters that have soured investor sentiment. The leading cryptocurrency by market value is already down nearly 7% for the week, trading at levels last seen on Feb. 6, when prices nearly plummeted to $60,000, according to

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Bitdeer sold all its bitcoins (BTC) to finance its transition to AI data centers

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Bitdeer (BTDR), a Singapore-based mining and AI infrastructure company, has reduced its Bitcoin cash reserve to zero, marking a sharp break from the miners’ playbook of accumulating coins as a conviction signal seen by companies like Strategy (MSTR). The company said its BTC holdings were zero as of February 20, excluding customer deposits. It produced

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Ethereum Co-Founder Vitalik Buterin Sells More Ether as Prices Continue to Fall

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Ethereum co-founder Vitalik Buterin is dumping millions of ether (ETH), adding downward pressure to an already weak market. Buterin sold 1,869 ether, worth $3.67 million, over two days, after withdrawing 3,500 ether from Aave, according to data tracked by blockchain detective Lookonchain. The price of Ether fell nearly 3% over the past 48 hours, hitting

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Mexican Billionaire Ricardo Salinas Remains Bullish on Bitcoin After Fall

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Mexican billionaire Ricardo Salinas, one of the country’s richest people, was unfazed by the recent drop in the price of bitcoin. “Take advantage and buy now while prices are falling,” Salinas said in a Sunday X article. “Investing in Bitcoin means protecting your money against inflation and keeping it out of the hands of those

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Pantera leads $11.5M funding round in Based, a hyperliquid-powered crypto app

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Based, a Web3 consumer app for trading and spending cryptocurrencies, raised $11.5 million in a Series A round led by Pantera, with participation from Coinbase Ventures, Wintermute Ventures and Karatage. The company said the new capital would be used to expand into new markets and expand its on-chain financial infrastructure. Launched eight months ago, Based

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US Treasury May Boost Treasury Issuance As Stablecoins Aim for $2 Trillion Market Cap: StanChart

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Standard Chartered still expects the stablecoin market to reach $2 trillion by the end of 2028, which should translate into about $1 trillion in new demand for Treasuries, the bank said in a Monday report. At the start of 2026, the total market capitalization of stablecoins was around $300-320 billion. “This will result in approximately

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IoTeX bridge operation raises debate over losses and recovery prospects as CEO offers 10% bonus

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IoTeX offered a 10% bounty to hacker(s) who exploited a private key on its ioTube cross-chain bridge, siphoning off millions of dollars, in exchange for voluntarily returning funds within 48 hours. With the move, IoTeX is offering $440,000 if the bad actor(s) returns approximately $4.4 million they stole, according to an article from IoTeX Chai

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NEAR launches Near.com super app, touting AI capabilities and confidential transactions

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San Francisco, CA – NEAR launches Near.com, a new crypto wallet and consumer app that aims to make blockchain technology as easy as using a traditional financial app, while positioning itself at the intersection of crypto and artificial intelligence (AI). Polosukhin previously co-authored the paper that introduced the Transformer Model, the architecture that underpins modern

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