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18 minutes ago

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Shiba Inu Alerts Community to SOU NFT Scam Threats

Shiba Inu has issued a warning to its community about scams involving SOU NFTs. Shibarium Trustwatch, a dedicated account for alerting Shiba Inu users, highlighted fraudulent attempts to exploit the SHIB Army by falsely promising airdrops of these NFTs. The team clarified that SOU NFTs will not be airdropped and can only be claimed through Shiba Inu's official website. Users are advised to avoid clicking on suspicious links and to verify website domains before connecting wallets. LUCIE, a marketing strategist for Shibarium, emphasized the need for vigilance, noting that crypto scams have resulted in significant losses, with $370 million siphoned off in January alone. The SOU NFTs were created to compensate users affected by a security breach in Shibarium last year, which disrupted the protocol's activity. Each NFT represents a claim on Ethereum, detailing the amount owed and repaid to users.

ETH -2.91% SHIB -1.76% SOU +11.45%
18 minutes ago

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XRP Nears Critical Price Breakout Amid Market Compression

XRP is approaching a critical price point as it experiences significant compression between a descending resistance trendline and an ascending support line. This pattern, highlighted by market analyst Dark Defender, suggests that XRP is on the verge of a notable directional breakout. The cryptocurrency has been consolidating after a period of decline, with its price currently supported above $1.21. The analysis indicates potential volatility in the coming days, with possible price targets including a 20% rise to $1.66 and a 36% increase to $1.88, based on Fibonacci extensions. While the direction of the breakout remains uncertain, the current compression phase is typically followed by rapid price movements, making this a crucial period for XRP traders.

XRP -1.58%
40 minutes ago

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Crypto.com Transfers $37.4 Million in CRO to Unknown Wallet

Crypto.com has transferred 500 million CRO tokens, valued at approximately $37.37 million, to an unidentified wallet. The transaction has raised questions within the crypto community regarding the purpose and destination of these funds. Such large transfers often attract attention due to potential implications for market liquidity and security.

CRO -1.90%
48 minutes ago

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Crypto.com Secures Conditional Approval for Federal Bank Charter

Crypto.com has received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to advance its application for a federal charter as a national bank. This approval will allow the cryptocurrency exchange to offer digital asset custody and staking services under a federal regulatory framework. Co-founder and CEO Kris Marszalek emphasized the company's commitment to compliance and secure services, aiming to provide institutional clients with a comprehensive custodial solution. Crypto.com joins other firms like Ripple, Circle, and BitGo in receiving conditional OCC approval for federal banking status. A national trust bank charter will subject the company to federal oversight, enabling it to custody and safeguard client assets more effectively. The OCC has recently clarified that U.S. banks can engage in crypto activities, reducing compliance burdens and fostering a more favorable environment for digital asset services.

BTGOON -5.49% CIRCLE -4.16% CRYPTO +4.11% RLUSD +0.01%
48 minutes ago

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Abits Group Secures $2.1 Million in Rights Issue

Bitcoin mining company Abits Group, listed on Nasdaq, has successfully raised $2.1 million through a rights issue. The company reached a definitive agreement with institutional investors to sell common stock and prepaid warrants at $2.65 per share. The funds will be allocated for general corporate purposes and operational needs, as reported by Globenewswire on February 23.

BTC -2.99%
48 minutes ago

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Eric Trump Engages with WLFI Tweets Amid Investigation Speculation

Eric Trump has retweeted posts related to WLFI on the social media platform X, amid growing community concerns. This activity follows a statement by on-chain investigator ZachXBT, who announced plans to release a significant investigation report on February 26, targeting a major player in the crypto industry. The announcement led to a temporary decline in WLFI's value and a brief depegging of USD1.

USD1 -0.05% WLFI -2.47%
49 minutes ago

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GWEI Team Distributes $6 Million in Tokens to New Wallets

The GWEI team has distributed $6 million worth of tokens to 10 new wallets, according to Onchainschool. Some of these tokens have already been transferred to exchanges, with further transfers anticipated. This move, reported on February 23, highlights ongoing token distribution activities by the GWEI team.

GWEI -0.79%
51 minutes ago

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World Liberty Financial Reports Coordinated Attack on USD1

World Liberty Financial (WLFI), a cryptocurrency project associated with the Trump family, has reported a coordinated attack on its USD1 stablecoin. The attack involved hacking the accounts of several WLFI co-founders, spreading FUD (fear, uncertainty, and doubt) through paid channels, and large-scale shorting of WLFI to profit from market volatility. Despite these challenges, WLFI assures that USD1 maintains its peg through a 1:1 full reserve and minting redemption mechanism. The company advises users to obtain information only from verified sources.

USD1 -0.05% WLFI -2.47%
54 minutes ago

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Bitcoin Payments Remain Niche Despite Legal Tender Status in El Salvador

Bitcoin's use as a payment method remains limited, even in El Salvador, where it is legal tender. Surveys indicate that while a minority of crypto holders have used digital currencies for purchases, Bitcoin is often not distinguished from other assets. Payment processor data shows that crypto payments are more common in online and high-value sectors like travel and electronics, rather than everyday retail. El Salvador's experience highlights challenges in Bitcoin adoption, with low retail usage despite legal status. Factors such as volatility, usability issues, and existing convenient payment systems hinder widespread adoption. Meanwhile, stablecoins are increasingly favored for transactions due to their stability and ease of conversion. The Lightning Network offers potential for Bitcoin's everyday use by enabling instant, low-cost transactions, but tracking its usage remains difficult. Bitcoin's role today is more as a specialized payment infrastructure, with broader adoption dependent on improved infrastructure and regulatory clarity.

BTC -2.99% LIGHT -1.09% STABLE -0.32%
1 hour ago

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KuCoin Completes Key Spacecoin Airdrop Installments

KuCoin has successfully completed the second installment of the S1 Spacecoin (SPACE) airdrop and the first installment of the S2 Spacecoin airdrop as of 12:00 UTC on February 23, 2026. The S1 airdrop is structured in four installments, each releasing 25% of the total allocation, while the S2 airdrop is divided into three installments, each distributing approximately 33.33%. The remaining installments for both S1 and S2 airdrops will be distributed over the next two months, adhering to the vesting schedule established by the project team. Eligible users will find their tokens credited to their Funding Accounts, based on the relevant snapshot criteria.

SPACE -12.72%
1 hour ago

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Trump Warns of Higher Tariffs for Countries Challenging Supreme Court Decision

President Trump has issued a warning to countries considering challenging the Supreme Court's recent tariff decision. He stated that any nation attempting to "play games" with the ruling will face significantly increased tariffs. This announcement underscores the administration's firm stance on trade policies and its commitment to enforcing decisions made by the Supreme Court.
1 hour ago

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OSNetwork_2025 Simplifies Cross-Border Payments with New Infrastructure

OSNetwork_2025 is developing a settlement infrastructure aimed at simplifying cross-border payments by making the process seamless for users. Led by CryptoSeanLee, the initiative focuses on the "last mile" of transactions, allowing everyday users to send funds easily and affordably without needing to manage private keys or understand blockchain security. This approach aims to make global payments more accessible and user-friendly.
1 hour ago

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WLFI Wallet Team Affirms USD1 Compliance Amid Depegging Concerns

The WLFI Wallet team has confirmed that their USD1 stablecoin remains fully compliant and backed 1:1, despite a brief depegging incident. A team member, Dylan_0x, stated on social media platform X that an attack was organized against the stablecoin. This statement follows on-chain investigator ZachXBT's announcement of an upcoming investigation report targeting a major crypto company, which coincided with WLFI's temporary decline and USD1's depegging.

USD1 -0.05% WLFI -2.47%
1 hour ago

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Chainlink, Avalanche, and Algorand Highlighted for Long-Term Growth Potential

Chainlink (LINK), Avalanche (AVAX), and Algorand (ALGO) are emerging as top altcoins with significant upside potential due to their robust technology and real-world applications. Chainlink, a leader in decentralized oracles, enhances smart contract functionality with its Cross-Chain Interoperability Protocol (CCIP) and staking features, making it a cornerstone for decentralized finance and multichain ecosystems. Avalanche offers a modular blockchain architecture known for fast transaction finality and enterprise partnerships with major firms like Deloitte and Amazon Web Services. Its expanding DeFi and NFT ecosystem positions AVAX as a strong candidate for long-term growth. Meanwhile, Algorand combines high-speed, low-fee transactions with a carbon-negative footprint, appealing to enterprises and environmentally conscious investors. Its real-world integrations, including digital identity and central bank digital currency projects, underscore its potential for sustainable growth.

ALGO -2.58% AVAX -3.54% LINK -3.35%
1 hour ago

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Kintsu Founder StovenLabs Discusses Decentralization and AI's Role

Kintsu founder StovenLabs recently tweeted about the role of decentralization in creating fair mechanisms through competition rather than ideology. He emphasized that while companies are suited for decision-making and execution, networks should focus on competition around clear goals and transparent incentives. StovenLabs noted that AI can lower participation barriers and act as a representative, but it cannot address structural issues. In the Kintsu network, representatives and validators compete for returns, with APY serving as a transparent scoreboard. Stakers use KSU tokens to select representatives, ensuring accountability. StovenLabs also highlighted that not all matters should be decentralized, as strategic and capital allocation decisions still require centralized decision-making.
2 hours ago

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Phemex Crypto Market Daily: Crypto Market Slides as BTC, ETH Drop; Altcoins Mixed Amid Risk-Off Flows (Feb 23)

Key Takeaways:
1. Macro Environment Global risk sentiment remains fragile as US tariff hikes and EU trade deal suspension fuel volatility. Standard Chartered forecasts up to $1 trillion in stablecoin-driven US Treasury demand by 2028, potentially impacting liquidity. Digital asset funds saw $288M in outflows, signaling tightening institutional appetite. 2. Crypto Market The crypto market saw broad declines over the past 12 hours, with BTC down 2.2% to $66,068 and ETH falling 1.7% to $1,915. Most altcoins dropped, led by SOL (-4.0%), while PIPPIN (+13.8%), JST (+7.0%), and ETHFI (+4.0%) outperformed, driven by speculative flows and DeFi activity. Risk-off sentiment and ETF outflows pressured prices. 3. Today's Outlook No major token unlocks or impactful crypto events are scheduled for today. Market focus remains on macroeconomic uncertainty, ETF flows, and risk sentiment, with volatility likely to persist ahead of key US economic data releases later this week.

BTC -2.99% ETH -2.91% ETHFI +3.29% JST +5.99% PIPPIN +16.06%
2 hours ago

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Gold Overtakes US Dollar as Largest Global Reserve Asset

Gold has surpassed the US dollar to become the world's largest global reserve asset, according to a Bloomberg report. This significant shift highlights the growing preference for gold among central banks and financial institutions as a stable store of value amid economic uncertainties. The change in reserve asset rankings reflects broader trends in global finance, where traditional fiat currencies face increasing competition from alternative assets.
2 hours ago

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Wallet 0x5041 Moves $664K in WLFI to Binance After Major Inflow

Wallet 0x5041, which recently received 26.6 million WLFI tokens valued at $3.2 million from a wallet associated with World Liberty Finance, has transferred 6 million WLFI tokens, worth approximately $664,000, to Binance. This transaction occurred just 20 minutes ago, following the initial inflow two days prior.

BNB -1.76% WLFI -2.47%
2 hours ago

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ETH Price Movements Could Trigger Massive Liquidations on CEXs

Ethereum's price fluctuations could lead to significant liquidations on major centralized exchanges (CEXs). Data from Coinglass indicates that if ETH drops below $1,826, long positions worth $999 million could be liquidated. Conversely, if ETH surpasses $2,015, short positions totaling $585 million face liquidation. These potential movements highlight the volatility and risk in the current Ethereum market.

ETH -2.91%
2 hours ago

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Over 31 Million XRP Transferred to Binance by Large Holders

More than 31 million XRP tokens were transferred to Binance in a single day, according to data from CryptoQuant. This significant movement was predominantly driven by large holders, or 'whales', who possess between 100,000 to over 1 million XRP. The influx highlights the ongoing activity and interest among major investors in the cryptocurrency market.

BNB -1.76% XRP -1.58%

Shiba Inu Alerts Community to SOU NFT Scam Threats

XRP Nears Critical Price Breakout Amid Market Compression

Crypto.com Transfers $37.4 Million in CRO to Unknown Wallet

Crypto.com Secures Conditional Approval for Federal Bank Charter

Abits Group Secures $2.1 Million in Rights Issue

Eric Trump Engages with WLFI Tweets Amid Investigation Speculation

GWEI Team Distributes $6 Million in Tokens to New Wallets

World Liberty Financial Reports Coordinated Attack on USD1

Bitcoin Payments Remain Niche Despite Legal Tender Status in El Salvador

KuCoin Completes Key Spacecoin Airdrop Installments

Trump Warns of Higher Tariffs for Countries Challenging Supreme Court Decision

OSNetwork_2025 Simplifies Cross-Border Payments with New Infrastructure

WLFI Wallet Team Affirms USD1 Compliance Amid Depegging Concerns

Chainlink, Avalanche, and Algorand Highlighted for Long-Term Growth Potential

Kintsu Founder StovenLabs Discusses Decentralization and AI's Role

Phemex Crypto Market Daily: Crypto Market Slides as BTC, ETH Drop; Altcoins Mixed Amid Risk-Off Flows (Feb 23)

Gold Overtakes US Dollar as Largest Global Reserve Asset

Wallet 0x5041 Moves $664K in WLFI to Binance After Major Inflow

ETH Price Movements Could Trigger Massive Liquidations on CEXs

Over 31 Million XRP Transferred to Binance by Large Holders