Category: crypto

Alameda Research’s bankruptcy estate has distributed $15.6 million worth of Solana to creditors in its latest payout, extending a 21-month repayment process. Despite ongoing distributions, Alameda still holds nearly $315 million worth of SOL, raising concerns about potential market impact. Most of Alameda’s SOL holdings were previously sold in OTC deals in 2024.

Binance announces the listing of Espresso on Spot starting Feb. 12, 2026, with token migration from Alpha within 24 hours. The news has already driven up Espresso’s price. Binance Alpha serves as a pre-listing token pool, and Espresso’s price surged after the listing announcement.

Ripple CEO Brad Garlinghouse aims for a $1 trillion valuation by focusing on long-term growth of XRP. Recent acquisitions and partnerships aim to build a unified enterprise stack around XRP. Analysts predict XRP could reach $22-33 in the next cycle, with potential for double-digit prices by 2030.

Israeli authorities have indicted an IDF reservist and a civilian for allegedly using classified military information to place bets on the decentralized prediction market Polymarket. The case has raised concerns about national security risks and the integrity of online betting platforms. The defendants face charges of security-related offenses, bribery, and obstruction of justice.

A 1% cryptocurrency allocation in Asia could bring in around $2 trillion in inflows, potentially reshaping the global market structure. Interest in US-listed crypto ETFs and the growth of regional ETF hubs are driving this trend. Even small portfolio weights could have a significant impact on the market at scale.

SEC Chair Paul Atkins defended the agency’s pause in the Justin Sun TRX case, citing legal restrictions. Lawmakers questioned Trump-linked crypto investments and potential political influence. SEC shifts from enforcement to rulemaking and coordination with the CLARITY Act. Democratic lawmakers link enforcement changes to Trump’s cryptocurrency investments.

FTX founder Sam Bankman-Fried is following a media playbook drafted after his arrest, portraying himself as a Republican supporting Trump’s crypto policies. With weak appeal and retrial prospects, a Trump pardon is seen as his best chance to reduce his lengthy sentence. Legal experts doubt his chances of success through standard procedures.

SoftBank reported lower than expected quarterly profit at ¥248.6B but saw a 400% surge in net income over nine months. The company is increasing its focus on AI assets, particularly with OpenAI, after exiting major investments in T-Mobile and Nvidia. CFO Goto stated that 60% of assets are now AI/ASI-related.

World Liberty Financial, backed by the family of U.S. President Donald Trump, plans to launch a new foreign exchange and remittance platform called World Swap. The platform aims to simplify global money transfers and reduce associated fees, connecting users directly to bank accounts and debit cards, using the firm’s USD1 stablecoin.

Transak has integrated with MegaETH, allowing users to purchase ETH directly on the Layer 2 network with fiat payment methods. This integration aims to make it easier for users to access Ethereum’s high-speed performance without the need for bridging or prior crypto holdings. Popular stablecoins will be added in the future.