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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Quick Facts: ➡️ Hong Kong’s SFC is officially exploring allowing perpetual futures contracts, a major step toward institutional crypto adoption in Asia. ➡️ This move drives demand for high-performance blockchain infrastructure that can support sophisticated, high-frequency trading applications. ➡️ Bitcoin Hyper aims to meet this demand by integrating the high-speed Solana Virtual Machine (SVM) as a Bitcoin Layer 2 solution. ➡️ The project has attracted significant interest, with its presale raising over $31M and attracting major whale investments. In a landmark move, Hong Kong’s top financial regulator…

In brief Leading altcoins extended losses Wednesday, with analysts attributing the sell-off to low liquidity driven by capital rotation into gold and cascading whale liquidations. Sustained Bitcoin ETF outflows and hawkish Federal Reserve signals are compounding liquidity pressures. Experts see near-term volatility with Bitcoin range-bound, but a potential rebound in late 2026 hinges on institutional capital returning. Altcoins continued to extend losses on Wednesday as the February selloff intensified, with Solana, XRP, BNB, and other major tokens shedding between 4% and 6% over 24 hours, according to CoinGecko data.Zcash is the largest loser among the top 30 altcoins, dropping 6.5% in…

Sam Bankman-Fried filed a motion for a new trial on Feb. 10, advancing a claim that reframes FTX’s collapse not as fraud-driven insolvency but as a recoverable liquidity crisis.The motion invokes Rule 33 of the Federal Rules of Criminal Procedure, which permits courts to grant new trials when “the interest of justice so requires,” typically when newly discovered evidence surfaces or fundamental trial errors taint the verdict.SBF’s filing argues both that testimony from silenced witnesses would have refuted the government’s insolvency narrative and that prosecutorial intimidation denied him due process.At the motion’s center sits a striking numerical claim: FTX held…

An analyst known for making timely crypto calls believes one Ethereum (ETH) rival is now forming a market bottom. Pseudonymous analyst Bluntz tells his 337,200 followers on X that Solana (SOL) is likely completing a three-wave correction and could soon enter a long-term bullish phase. Bluntz practices the Elliott Wave theory, which states that a bullish asset tends to witness a five-wave rally after going through an the ABC correction. “Anybody who’s not a tourist and has actually witnessed multiple cycles knows this is an amazing long-term SOL entry. For the record, the reason I’m bull-posting SOL more than anything…

A judge has sentenced a dual citizen of China and St. Kitts and Nevis to 20 years in federal prison for his role in an crypto scheme that scammed Americans out of $73 million. The U.S. Department of Justice says 42-year-old Daren Li remains on the run after cutting off his ankle electronic monitoring device and fleeing in December. Nevertheless, a judge has sentenced him in absentia for his role in the scam carried out from Cambodia. Li pleaded guilty in November 2024 to conspiring with others to launder funds obtained from victims through the crypto scheme. The scammers contacted…

In brief Lawyers say unjust-enrichment law favours Bithumb, but outcomes may hinge on whether users knew, or should have known, the payouts were a mistake. Prosecutors are expected to tread carefully, as the incident stemmed from an internal error rather than hacking or fraud. The episode is intensifying scrutiny of Korean crypto exchanges’ internal controls, with regulators signaling tighter ownership and oversight rules ahead. Just days after mistakenly crediting users with billions of dollars worth of Bitcoin during a promotional event, South Korean crypto exchange Bithumb is weighing its options to recover the remaining funds.The company is reportedly “in contact…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure As Russia moves to regulate the crypto sector later this year, the European Union (EU) is considering implementing strict sanctions on all digital asset transactions linked to the country to curb sanctions evasion. EU Seeks Sanctions On Russian Crypto Transactions On Tuesday, the Financial Times (FT) reported that the European Commission (EC) is evaluating measures to prohibit all crypto transactions with Russia, stepping up its efforts to crack down on the country’s use of digital assets to evade sanctions. According to documents reviewed by the FT, the…

In brief Ark cites a $300B drop in software stock value as AI models like GPT-5.3 erode traditional software moats. The firm interprets $59B in EV write-downs by Stellantis, VW, GM, and Ford as a retreat from the future. An OpenAI-Ginkgo autonomous lab cut biotech experiment costs by 40%, showcasing AI’s next frontier. Cathie Wood’s ARK Investment Management posits the world is at the beginning of a multi-year capital expenditure boom—driven not by traditional infrastructure but by artificial intelligence.In a report on Monday, the firm outlined a trifecta of accelerating trends, including the release of more powerful AI models, a…

In brief OpenAI said it will deploy a customized version of ChatGPT on the Pentagon’s GenAI.mil. The system is approved for unclassified Defense Department work with data kept separate from OpenAI’s public models. Critics warn that human error, and overtrust in AI systems risks remain. OpenAI said Monday it is deploying a custom version of ChatGPT on GenAI.mil, the AI platform developed by the U.S. Department of Defense.The move expands the military’s access to powerful generative AI models, even as critics warn that user error remains a key security risk.ChatGPT joins a growing list of AI models made available to…

In brief Robinhood Chain is entering a public testnet phase. The exchange wants developers to experiment with tokenized assets. The company introduced stock tokens in June. Robinhood said on Tuesday that developers will begin experimenting with applications on its Ethereum layer-2 network, alongside the debut of a public testnet for Robinhood Chain.That will create a low-stakes environment for developers to assess the network’s technical merits as it’s folded into the retail brokerage’s business, according to a press release.Robinhood’s vision for embracing decentralized finance is broad, but the company is particularly interested in how compatible so-called stock tokens are with traditional…

In brief Citadel Securities is backing LayerZero’s Zero blockchain alongside DTCC, Intercontinental Exchange, and other institutions. Zero is designed to share work instead of having every participant handle every transaction, making it more efficient. LayerZero claims Zero could reach up to 2 million transactions per second across multiple environments. Financial institutions may be warming to tokenization and on-chain settlement, but limits around scale, speed, and coordination have kept most of those experiments from moving beyond pilots.Citadel Securities, DTCC, Intercontinental Exchange, and other institutions are banking on overcoming institutional constraints for trading, clearing, settlement, and tokenized assets.That’s why they’ve backed LayerZero’s…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin continues to struggle below the $70,000 threshold, reflecting persistent market pressure after weeks of volatility and weak recovery attempts. Despite occasional rebounds from the $60,000 region, upside momentum remains limited, suggesting that demand has yet to return in a meaningful way. Market sentiment has shifted toward caution, with traders increasingly focused on downside risk rather than breakout potential. Recent on-chain analysis from Darkfost indicates that realized losses are still dominating market activity. This imbalance implies that a large portion of investors entered positions near recent highs…

In brief Age checks will only apply to age-restricted servers and certain safety settings, Discord said. Discord says its “teen-by-default” rollout is not driven by ongoing ID requirement regulations. Privacy advocates say the change still asks users to trust the company’s claims about how their data is handled. Discord attempted to reassure users on Tuesday about its plans to implement age-verification technology, saying most will not need to scan their faces or upload government IDs.Under its new age-assurance system, expected in March, users will only be required to verify when accessing 18+ servers and channels, or when attempting to modify…

In brief Dalio said CBDCs could give governments unprecedented ability to monitor transactions and enforce policy through the financial system. He played down their long-term appeal as a store of value, arguing they would struggle to compete with money-market funds or bonds. The comments come as dozens of countries advance CBDC pilots, reviving debate over privacy, control and the future role of decentralized alternatives like Bitcoin. Bridgewater Associates founder Ray Dalio warned Monday that central bank digital currencies would give governments far greater visibility into financial activity, even as he played down their likely scale.Speaking in an interview with Tucker…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bernstein analysts have reiterated that Bitcoin could still rally to $150,000 this year. These experts noted that BTC was experiencing what they described as the “worst bear case” in its history, suggesting that this bear market may not be as deep as previous cycles.  Bernstein Predicts Bitcoin Rally To $150,000 By Year-End Bernstein analysts, led by Guatam Chhugani, have maintained that Bitcoin could still reach $150,000 by year-end despite its recent crash to as low as $60,000. The analysts stated that this is the weakest BTC bear…

In brief AI.com went live during Super Bowl LX after a $70 million domain acquisition. Heavy traffic triggered outages as advertised autonomous agents failed to load. An AI.com rep said the site is an early beta focused on reserving user handles. AI.com went live during Super Bowl LX on Sunday, following one of the most expensive domain name acquisitions in internet history—a $70 million purchase by Kris Marszalek, co-founder and CEO of cryptocurrency exchange Crypto.com, as reported by the Financial Times.The high-profile debut was overshadowed by service outages and uncertainty over what the AI platform actually offered users who were…

In brief SpaceMolt is a new massively multiplayer online game with a unique hook: It’s exclusively for AI agents to play. Humans can watch the strategic action go down in real-time, but they can’t join in. The game was vibe-coded using Claude Code, and even bugs are fixed by the AI. Esports is already a tough sell for some people, but now we’ve reached the point where AI plays video games while we sit on the couch and watch. SpaceMolt is a new massively multiplayer online game designed exclusively for AI agents, where software entities mine asteroids, trade resources, form factions,…