According to Polymarket data, in the "ZachXBT will expose which company engaged in insider trading" incident, Meteora currently has a 44% probability, ranking first; Pump.fun has a 12% probability, ranking second; and MEXC has a 9% probability, ranking third. Previously, on-chain detective ZachXBT announced that he would release a major investigative report on February 26th regarding a highly profitable company in the industry, alleging that multiple employees of this company had misused internal data for insider trading over a prolonged period.

On February 24th, CoinMeta reported that, according to the Wall Street Journal, Todd Snyder, the bankruptcy court-appointed administrator responsible for liquidating Terraform Labs, founded by Do Kwon, has filed a lawsuit against market maker Jane Street, co-founder Robert Granieri, and employees Bryce Pratt and Michael Huang. The lawsuit accuses Jane Street of using non-public information obtained from Terraform insiders to trade illegally and accelerate the collapse of the Terraform ecosystem. Snyder is seeking damages from the defendants.

According to CoinMeta, OKX data shows that BTC has rebounded and broken through 65,000 USDT, currently trading at 65,001.6 USDT, with the 24-hour decline narrowing to 3.7%.

According to CoinMeta, on February 24th, Beau Turner, CEO of Bitcoin mining company Abundant Mines, disclosed that with the reinstatement of full "bonus depreciation" under US tax law in mid-2025, eligible Bitcoin mining equipment can now be 100% deducted from pre-tax income in the first year of purchase. Turner pointed out that under the current tax framework, investors who directly own mining hardware can immediately include all equipment costs in current expenses for deduction, significantly reducing taxable income for the year. He stated that this has become "one of the most powerful tax strategies" in the crypto industry. The report states that with tax season approaching, these tax policy changes are prompting the market to refocus on the asset allocation and tax planning value of Bitcoin mining.

According to CoinMeta, on February 23, the Opinion token OPN pre-market contract was launched on trading platforms such as Binance, OKX, and Bybit. Data shows that the total 24-hour trading volume of the OPN pre-market contract exceeded $400 million, with Binance alone accounting for $277 million, ranking 16th in contract trading volume, surpassing the trading volumes of WLFI and HYPE contracts during the same period. Furthermore, Opinion was included in Coinbase's roadmap on February 11, 2026, and completed its Binance Booster event on February 12, 2026.

According to CoinMeta, blockchain detective ZachXBT announced on the X platform that he will release a major investigative report on February 26th regarding a highly profitable company in the crypto industry. The report reveals that multiple employees of this company misused internal data for insider trading over a prolonged period.

According to CoinJie.com, on February 23, Based, a Web3 trading and payment application built on Hyperliquid infrastructure, completed an $11.5 million Series A funding round. The round was led by Pantera Capital, with participation from Coinbase Ventures, Wintertermute Ventures, and Karatage. Edison Lim, co-founder and CEO of Based, stated that the funding round, initiated in the fourth quarter of 2025 and completed last week, used an equity plus token warrant structure, and the valuation was not disclosed. Pantera received an observer seat on the board. This is Based's latest funding round following two rounds of $2.7 million funding announced in 2022, when the team operated under the Suberra brand, focusing on crypto payments. Based, built on Hyperliquid's blockchain and trading infrastructure, positions itself as a consumer-facing Web3 "super app," integrating trading, wallet functionality, fiat currency deposits and withdrawals, and crypto Visa cards into a single interface. The platform combines perpetual contract trading, prediction markets, and crypto payments.

According to CoinShares, the company has permanently reduced the management fee for its flagship Bitcoin exchange trading product, CoinShares Bitcoin ETP (ticker symbol: BITC), to 0.15%, effective immediately. This product is currently the largest physically backed Bitcoin ETP in Europe in terms of assets under management. CoinShares reports that this fee adjustment aims to provide institutional and retail investors with more competitive investment costs. BITC is currently listed on Xetra, SIX Swiss Exchange, Euronext Paris, Euronext Amsterdam, LSE, and Borsa Italiana.

According to CoinShares' latest weekly report released on February 23, digital asset investment products saw an outflow of $288 million last week, marking the fifth consecutive week of outflows, with a cumulative outflow of $4 billion. Trading volume dropped to $17 billion, the lowest level since July 2025. Regional differentiation remained significant: the US market saw an outflow of $347 million, while Europe and Canada recorded a net inflow of $59 million. Bitcoin was the main source of outflows, with a net outflow of $215 million; shorting Bitcoin products recorded the largest net inflow of $5.5 million; some altcoin products saw slight net inflows.

According to Onchain Lens, on February 23, BlackRock transferred 1,134 BTC (worth $75 million) and 7,553 ETH (worth $14.46 million) to Coinbase.

According to CryptoWorld, Mexico's fifth richest man stated that users should buy BTC to protect their assets from inflation and suggested buying when prices fall. (The Bitcoin Historian)

According to data from msx.com, pre-market trading in US crypto stocks generally declined, with COIN down 1.54%, MSTR down 1.64%, SBET down 1.53%, BMNR down 2.14%, and DFDV down 1.88%. msx.com is a decentralized RWA trading platform that has listed hundreds of RWA tokens, including US stock and ETF tokens such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA.

According to a report by CoinMeta, crypto research firm 10x Research published an analysis on the X platform, pointing out that Ethereum is at a critical juncture, facing a dual test of valuation and fundamentals. The market needs to determine whether its current downturn is a cyclical bottom or a sign of deeper structural damage. Ethereum treasury company Bitmine is currently suffering approximately $8.8 billion in paper losses, exceeding the approximately $8 billion lost by customers at the beginning of the FTX crash. Bitmine's significant increase in ETH holdings amid weakening demand and ETH prices approaching April 2021 levels has further fueled market controversy. This comparison highlights the potentially huge divergence in capital allocation outcomes and how timing and governance decisions determine the ultimate allocation of long-term value creation. Ethereum's current trading price is approaching a key valuation and cost range, and its core value proposition is facing a structural test. Investors need to carefully assess whether Ethereum is in a cyclical trough or entering a deeper phase of structural damage.

According to data from fees.pump.fun, Pump.fun spent 14,649.99 SOL (approximately $1.2486 million) to repurchase 601.6 million PUMP tokens yesterday. Since starting the PUMP buyback on July 15, it has cumulatively repurchased approximately $301 million worth of PUMP tokens, reducing the total circulating supply by 25.553%.

According to a report by the Financial Times on February 23, Lebanese bankers and politicians are considering selling or leasing a portion of the central bank's massive gold reserves as a way to save the country's economy. The value of these gold reserves has soared with rising gold prices. The Lebanese central bank holds over 280 tons of gold, second only to Saudi Arabia in the Middle East, a rare feat for a small country. The bank began accumulating gold reserves in the 1940s and 50s to support the value of the Lebanese currency. Since 2019, Lebanon has been plagued by economic collapse, but the parties have failed to reach an agreement on a solution. However, the sale of the country's accumulated gold reserves has met with strong public opposition, who see it as a stopgap measure by a minority at the expense of the majority.