Category: crypto

WhiteBIT’s WBT token surged from $1.90 to $65.30 in three years, a 3,337% increase. The token offers fee discounts, staking benefits, and weekly token burns. It was added to five S&P Crypto indices. WhiteBIT’s strategic moves, such as partnering with Juventus FC, show potential for further growth. Regulatory compliance and market conditions will impact future…

Magic Eden, a popular NFT marketplace on the Solana blockchain, is closing its Bitcoin and EVM trading platforms and multi-chain wallet. Users must withdraw assets before the shutdown in early March 2026. The focus will be on Solana assets, streamlining operations and strengthening the original ecosystem.

Block, Inc. is reducing its workforce by cutting over 4,000 jobs, shrinking from over 10,000 employees to under 6,000. CEO Jack Dorsey says this move is a strategic pivot towards artificial intelligence and leaner teams, not due to financial distress. Investors responded positively with shares rising over 23% in after-hours trading.

Ethereum co-founder Vitalik Buterin plans to reduce slot times and finality on the network. The “strawmap” roadmap includes seven upgrades through 2029, focusing on faster UX, throughput, security, and privacy. Changes may include erasure-coded P2P networking, reduced attester counts, and quantum-resistant cryptography. The goal is faster user experience and stronger security.

The OCC has proposed detailed regulations for stablecoins under the GENIUS Act, aiming to bring them under federal banking oversight. The proposal covers issuance, supervision, reserves, liquidity, and redemption requirements. A 60-day public comment period has been opened to refine the rules before finalization, with further provisions to be added later.

WLFI has proposed a governance reform that would require token holders to stake their assets for at least 180 days to vote. The system aims to align influence and rewards with token lock-up duration, offering a potential 2% APR from the treasury. Two participation tiers for large stakeholders are also introduced.

Centrifuge’s CFG token surged over 180% after being listed on Upbit, then dropped as traders took profits. Price reached levels last seen in 2025 and is now above key moving averages. On-chain data showed whale accumulation and increased trading volume. Technical indicators were mixed, with potential for higher prices with Korean market participation.

Polymarket’s insider probe on ZachXBT has led to a 44% spike in Meteora’s odds within 24 hours, surpassing Pump.fun and Axiom. The market asks traders to predict which crypto company will be exposed for insider trading. The rapid price movement has raised concerns about informed trading, although not yet proven.

Uniswap governance token holders will vote on expanding fee sharing to eight additional Layer 2 blockchain networks from Feb 27–Mar 1. Proposal routes fees from these networks to TokenJars before bridging back to Ethereum for UNI burns. Uniswap has burned over $5.5m in UNI since late 2025, with a $3.1m gross profit in Q1 2026.

ICP token trades near a mid-February supply zone after bouncing from a 7-day low, priced around the mid-$2 range with intraday volatility. Daily RSI and MACD suggest bullish momentum, but ICP is below its 50D and 100D SMAs. DFINITY’s proposal sends 80% of cloud engine revenue to node providers and burns 20% of ICP.