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Step Finance shuts operations after $27 million January hack

by Coin Desk | February 24, 2026 4:20 pm | Crypto News

Step is working on a buyback for holders of native token STEP based on a snpashot of holdings and value prior to the incident.

Putting the treasury to work: The Ethereum Foundation just staked 70,000 ETH to fund its future

by Coin Desk | February 24, 2026 4:19 pm | Crypto News

The staking commenced with a 2,016 ETH deposit, and uses Dirk and Vouch, open-source validator tools developed by infrastructure firm Attestant

Canaan buys Cipher’s 49% of West Texas mining venture for $39.75 million in stock

by Coin Desk | February 24, 2026 4:17 pm | Crypto News

The transaction gives Cipher a major shareholding in the Singapore-based company.
Coinbase USDC revenue could 7x as payments grow, Bloomberg says

Coinbase USDC revenue could 7x as payments grow, Bloomberg says

by Coin Telegraph | February 24, 2026 3:31 pm | CoinTelegaph, Crypto News

Bloomberg Intelligence says Coinbase’s USDC revenues could jump as much as sevenfold, as Congress weighs a ban on stablecoin rewards that could reshape how that money is earned.
RedotPay weighs US IPO that could raise $1B at over $4B valuation: Report

RedotPay weighs US IPO that could raise $1B at over $4B valuation: Report

by Coin Telegraph | February 24, 2026 3:30 pm | CoinTelegaph, Crypto News

RedotPay secured a total of $194 million in 2025 across three rounds, reaching unicorn status and attracting backing from major crypto and venture investors.

Hong Kong’s RedotPay said to plan blockbuster $1 billion IPO in New York: Bloomberg

by Coin Desk | February 24, 2026 3:29 pm | Crypto News

The stablecoin payments company has hired JPMorgan, Goldman Sachs and Jefferies, according to Bloomberg.
Canaan buys 49% stake in three Texas mining sites for $40M

Canaan buys 49% stake in three Texas mining sites for $40M

by Coin Telegraph | February 24, 2026 1:29 pm | CoinTelegaph, Crypto News

Canaan acquires a stake in three operating Texas mining facilities with 120 MW of power and 4.4 EH/s hashrate as it expands beyond hardware into infrastructure operations.

Bitcoin’s price discovery is moving to Chicago

by Coin Desk | February 24, 2026 1:27 pm | Crypto News

CME’s shift to nonstop derivatives access may accelerate institutional migration away from traditional crypto exchanges, according to the Chief Commercial Officer of XBTO.

Hester Peirce Predicts ‘Great Things’ After Ex-Chainlink Executive Joins SEC Crypto Task Force As Chief Counsel

by Benzinga | February 24, 2026 12:35 pm | Crypto News

Taylor Lindman, former executive at blockchain platform Chainlink (CRYPTO: LINK), began his role as Chief Counsel for the SEC’s Crypto Task Force on Monday. ‘Great Things’ To Come, Says Crypto Task Force Head Hester Peirce, SEC Commissioner and head of the Task Force,...
Crypto VC Framework Ventures to help Better with $500M DeFi play

Crypto VC Framework Ventures to help Better with $500M DeFi play

by Coin Telegraph | February 24, 2026 12:21 pm | CoinTelegaph, Crypto News

Framework reportedly struck a $45 million deal to buy 10% of Better and will help it launch a token on the crypto protocol Sky.
Cybersecurity stocks tank after Anthropic unveils Claude Code Security

Cybersecurity stocks tank after Anthropic unveils Claude Code Security

by Coin Telegraph | February 24, 2026 12:20 pm | CoinTelegaph, Crypto News

Anthropic’s Claude Code Security sent shockwaves through cybersecurity markets, with CrowdStrike and Palo Alto Networks among the hardest hit.
TRM Labs, Finray Technologies partner for crypto and fiat monitoring

TRM Labs, Finray Technologies partner for crypto and fiat monitoring

by Coin Telegraph | February 24, 2026 12:20 pm | CoinTelegaph, Crypto News

The system provides real-time risk alerts for suspicious crypto transactions across multiple blockchains within the same workflow as fiat-payment monitoring.

Polymarket bettors put $3 million on which crypto firm ZachXBT will expose next

by Coin Desk | February 24, 2026 12:19 pm | Crypto News

Solana app Meteora leads the odds at 43% after the blockchain investigator teased a “major” insider-trading probe set for release on Wednesday.

Wall Street Should Worry More About AI Than Crypto, Says Changpeng Zhao As Anthropic’s Latest Announcement Hammers IBM Stock

by Benzinga | February 24, 2026 11:24 am | Crypto News

Binance (CRYPTO: BNB) co-founder Changpeng “CZ” Zhao said that Wall Street should worry more about artificial intelligence than cryptocurrency after shares of International Business Machines Corp (NYSE:IBM) plunged Monday on Anthropic’s claims about its AI...

Michael Saylor Says Bitcoin’s Newness Is The ‘Strongest Argument’ Against It, But Notes It Took People 30 Years To Embrace Electricity

by Benzinga | February 24, 2026 11:24 am | Crypto News

Strategy Inc. (NASDAQ:MSTR) Executive Chair Michael Saylor shared his thoughts Monday on the “strongest argument” against Bitcoin (CRYPTO: BTC) and why he rejects it. Saylor Claims Investors Wary Of BTC’s Novelty Speaking to Bitcoin influencer Natalie Brunell, Saylor...

Jane Street faces claims of insider trading that sped up Terraform’s 2022 collapse

by Coin Desk | February 24, 2026 11:20 am | Crypto News

Jane Street has denied the allegations as a “desperate” and “baseless” attempt to extract money.

ETH, SOL, XRP extend losses as AI scare trade unsettles risk markets

by Coin Desk | February 24, 2026 11:19 am | Crypto News

Analysts warn that bitcoin’s prolonged failure to break above its current range is tilting the technical outlook toward the bears.
Terraform admin blames Jane Street alleged insider trading for collapse

Terraform admin blames Jane Street alleged insider trading for collapse

by Coin Telegraph | February 24, 2026 10:55 am | CoinTelegaph, Crypto News

Terraform Labs administrator Todd Snyder accused Jane Street of communicating with the now-collapsed firm and trading on the information, hastening its collapse.
Citrini’s AI doom report sees software, payment stocks tumble

Citrini’s AI doom report sees software, payment stocks tumble

by Coin Telegraph | February 24, 2026 10:54 am | CoinTelegaph, Crypto News

Citrini said the term “Ghost GDP” could emerge from AI agents taking over aspects of the economy, referring to output shown in national data but not circulating in the “real economy.”
Binance stablecoin reserves have sunk 19% since November

Binance stablecoin reserves have sunk 19% since November

by Coin Telegraph | February 24, 2026 10:54 am | CoinTelegaph, Crypto News

Binance stablecoin reserves have fallen 18.6% in three months as tightening Fed policy and weak inflows extended the crypto liquidity drought.
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