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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto.com has received conditional approval from the Office of the Comptroller of the Currency (OCC) to establish a national trust bank. The firm said that the approval allows the company to charter Foris Dax National Trust Bank, which will operate under the name Crypto.com National Trust Bank once it secures full authorization.  Crypto.com Advances Regulated Custody Plans Kris Marszalek, Co‑Founder and CEO of Crypto.com, described the development as a reflection of the company’s focus on regulatory compliance and customer protection.  According to Marszalek, achieving full approval would…

In brief The Fed has launched a 60-day comment period to permanently remove “reputational risk” from bank supervision. Lawmakers and crypto advocates say the move curbs informal regulatory pressure on banks serving digital asset firms. Policy experts say legislation is still needed to set clear, durable rules for crypto banking access. The Federal Reserve has opened a two-month comment period on a proposal to permanently codify the removal of “reputational risk” from its bank supervision rules, the most binding step yet in a sweeping regulatory rollback that crypto advocates say puts Operation Choke Point 2.0 to bed.The move follows a…

In brief The Terraform wind-down trust accuses Jane Street of trading on non-public information. The complaint centers on liquidity withdrawals during thes May 2022 depeg that led to TerraUSD and FTX’s collapse. The case could test insider liability in crypto markets, Decrypt was told. The Terraform Labs bankruptcy administrator has sued Jane Street, alleging the quantitative trading firm used non-public information to profit at the height of the crypto market’s collapse in 2022.The lawsuit centers on allegations that Jane Street obtained advance insight into Terraform’s internal liquidity decisions and positioned trades around those moves as TerraUSD began to lose its…

February 23, 2026 – Singapore, Singapore Funding will accelerate global expansion, deepen on-chain financial infrastructure and position Based to become the gateway to Hyperliquid and the default financial app for on-chain users worldwide. Based, a Web 3.0 consumer ‘super-app’ for trading and spending crypto globally, today announced it has raised a $11.5 million Series A financing round led by Pantera, with participation from Coinbase Ventures, Wintermute Ventures and Karatage. The new capital will accelerate Based’s expansion into new markets and expand its on-chain financial infrastructure offerings with the goal of scaling the platform into the default financial app for on-chain…

In brief Bitcoin hit $63,822, extending Monday’s losses, amid a tariff-driven market slide. A 50% drawdown from the peak doesn’t mean the leading crypto cycle is broken, Decrypt was told. A drop to $55,000 is possible even as the structural demand remains intact Bitcoin’s drop to $64,000 is the result of compounding macro shocks landing on a market carrying significant leverage—not a structural breakdown of the cycle, according to analysts.The leading crypto slipped to $63,822 on Tuesday, extending weekly losses to 6.4%, according to CoinGecko. It now trades roughly 50% below its $126,080 all-time high set five months ago, as…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A man asking for just a few coins ended up hitting the jackpot. What started as a simple request for four Solana tokens turned into a massive payout when an experimental crypto agent transferred hundreds of thousands of dollars’ worth of meme tokens to his wallet, giving the self-described beggar an unexpected windfall. Lobstar Wilde, an AI agent run by an OpenAI staffer, appears to have emptied a meme-token wallet in a single public move that stunned parts of crypto Twitter and on-chain watchers. Reports say the…

Bitcoin Price Weekly Outlook Bitcoin closed the week out at $67,638, not an awe-inspiring close by any means. The support level at $65,650 has held for a couple of weeks now, but the relentless selling pressure will likely take it out this week. As of the time of this writing on Sunday night, the bitcoin price is currently trading below this support level at $64,600. We should expect the price action to remain bearish this week and likely threaten to take out the $60,000 low. Key Support and Resistance Levels Now There is still a chance the $65,600 support level…

In brief BitMine added more than 51,000 ETH to its stash last week, bringing its total holdings to over 4.4 million ETH. The firm now manages an estimated $8 billion unrealized loss on its Ethereum purchases. BMNR shares have also fallen, down 3.68% on Monday and more than 32% in the last month. Publicly traded Ethereum treasury BitMine Immersion Technologies accumulated another 51,162 ETH, or about $98 million worth, last week as the price of ETH continued its slide. The second-largest crypto asset by market capitalization fell around 4.1% in the last seven days, recently changing hands around $1,905. Ethereum plunged…

In brief Eliza Lab’s CEO Shaw Walters says current AI systems already meet his definition of AGI. He warns that autonomous agents introduce serious security risks, including prompt injection and wallet compromises. Walters argues that fully decentralized AI does not yet exist and that local execution comes closest. Artificial general intelligence may have already arrived.That’s according to Eliza Labs’ founder Shaw Walters, who spoke with Decrypt last week during ETHDenver. Walters said current leading models already meet his definition of artificial general intelligence, better known as AGI.“I think that we’re at the inflection point where we have AGI,” he said.…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A thread sparked by Bloomberg ETF analyst Eric Balchunas reignited one of crypto’s oldest arguments: whether Bitcoin’s core value proposition has been diluted as institutional intermediaries take center stage. What began as a reflection on crypto’s real-world utility quickly turned into a pointed dispute over whether BTC can credibly be called “debasement-resistant” while it remains wildly volatile. Bitcoin Identity Debate Explodes on X Balchunas weighed in after Cooper Turley, founder of Coop Records, posted that crypto feels “in the weirdest spot” since 2017 and that beyond speculation…

In brief ProCap Financial bought back more shares of BRR as the firm’s market cap continues to trade below the value of its assets. The firm of crypto personality Anthony Pompliano holds 5,007 BTC valued around $325 million. Shares in the firm are down 85% from last year’s peak. ProCap Financial, the publicly traded Bitcoin treasury firm of social media personality and crypto investor Anthony Pompliano, is buying back its own shares as it seeks to benefit shareholders and push its mNAV, or market net asset value back, towards 1.The firm repurchased 148,241 shares of BRR, valued at nearly $359,000…

In brief Staking Backpack’s upcoming token will let users earn equity in the crypto exchange. The arrangement is aimed at improving on existing models for token debuts. The exchange is in discussions to raise funds at a $1 billion valuation, per a recent report. Backpack signaled on Monday that its yet-to-be-released token will allow people to earn equity in the exchange, potentially turning users into owners amid its U.S. expansion.Those that stake the company’s token for at least a year will have the opportunity to exchange their holdings for Backpack equity at a fixed ratio, CEO Armani Ferrante said on…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Bitcoin price is currently consolidating near $65,000 on the weekly chart, with crypto analyst Doctor Profit warning that the market remains locked inside a broader bear market structure. In a “special Bitcoin report” released this week, the analyst reviewed past price movements and trends, assessed the market’s current position, and outlined what could unfold next. The report’s structure highlights a progression from euphoric peak to major capitulation and price declines, followed by stabilization and the possibility of a trend reversal.  From Market Euphoria To A Major…

A Houston resident directed a major bank fraud scheme that laundered at least $40 million, according to the U.S. Department of Justice. The agency says 44-year-old Bun Khath and his co-conspirators submitted loan applications that contained fraudulent information and documents, including fake equipment sales invoices, income tax returns and bank statements. Khath, who admitted to being involved in the scheme from 2016 to 2021, also maintained shell companies for the fraud, laundering the proceeds by wiring them to bank accounts controlled by his co-conspirators. While out on bond facing charges for the bank scheme, Khath also allegedly committed Medicare fraud,…

In brief Robert DeNault sifted through a “backlog” of suspicious trades for Kalshi. The prediction market plans on publishing enforcement actions against its users. Kalshi CEO Tarek Mansour said some cases have been referred to law enforcement. When Robert DeNault joined Kalshi’s four-person legal team in October, it was under the assumption that his background investigating white collar crimes could come in handy. Now serving as the prediction market’s head of enforcement, the former associate at law firm White & Case told Decrypt that Kalshi is preparing to disclose a wave of disciplinary actions that have been taken against users—the result…