Day: February 23, 2026

Revolut Confirms Ex-Employee Threatened to Leak KYC Data for Crypto Ransom

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A cryptocurrency trader said a former Revolut employee tried to extort him by threatening to publish his personal information unless he paid a ransom, an allegation that Revolut has confirmed it reported to law enforcement. The trader, who posts under the name TraderSZ, wrote in a Thursday post on X that the former employee threatened to disclose his identity and private details and also contacted members of his family. TraderSZ said relatives who used Revolut received messages seeking to pressure him into paying. “They looked up my details and found…

Trump officials explore dollar stablecoin for Gaza

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Officials working with Donald Trump’s “Board of Peace” are exploring the launch of a US dollar backed stablecoin for Gaza as part of plans to rebuild the enclave’s war damaged economy, according to a Financial Times report. The proposal remains preliminary and would not create a new Palestinian currency. Instead, it would function as a digital payments mechanism in a region where banking infrastructure has been severely disrupted and access to physical Israeli shekels has been constrained since the 2023 war. The effort is reportedly being led by Israeli tech…

OCC Grants Crypto.com Conditional Approval for National Bank Trust Charter

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Crypto.com said Monday that it has secured conditional approval for a national bank trust charter from the US Office of the Comptroller of the Currency (OCC). In a Monday statement, the cryptocurrency exchange said that once fully approved as a federally regulated institution, it would be established to operate as a custodian across the US, subject to OCC oversight. The company submitted its application in October, saying at the time that it planned to provide custody services for digital asset treasuries, exchange-traded funds, and others. “This conditional approval is the…

Crypto.com wins conditional approval for US national trust bank license

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Crypto.com, a digital asset platform offering trading, custody, and payment services, secured conditional approval from the Office of the Comptroller of the Currency today to pursue a federally chartered national trust bank license. The approval enables the exchange to provide asset custody and staking under federal supervision rather than navigating a patchwork of state regulators. “This conditional approval is the latest testament to both our commitment to compliance and to providing customers trusted and secure services they expect from Crypto.com,” said Kris Marszalek, co-founder and chief executive. The Singapore-based firm…

Rate Launches Crypto Mortgage Program Without Liquidation in the US

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US mortgage lender Rate has launched a nationwide program that allows qualified borrowers to use verified cryptocurrency holdings to help meet underwriting requirements without liquidating their assets, marking a formal step toward integrating digital assets into traditional home financing. The product, called RateFi, operates within the lender’s existing non-qualified mortgage framework and permits borrowers to count verified crypto assets as qualifying reserves and, in some cases, as an income source. Kate Amor, EVP and head of enterprise products at Rate, told Cointelegraph that for underwriting purposes, RateFi assesses digital asset…

Bitcoin Teases ‘First Steps’ To Rebound as $65,000 Holds

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Bitcoin (BTC) battled US sellers at Monday’s Wall Street open amid mixed feelings over the short-term BTC price outlook. Key points: Bitcoin price targets include a $60,000 drop as well as a recovery amid uncertain moves. Bitcoin attempts to absorb repeat rounds of selling into the TradFi trading week. US tariffs remain the key macro catalyst on the radar. Bitcoin outlook splits with BTC in “tricky place” Data from TradingView showed rangebound market moves focusing on $66,000, with BTC/USD down around 2.5% on the day. BTC/USD one-hour chart. Source: Cointelegraph/TradingView…

Why The XRP Price Bottom Could Be In, And A Jump Above $2 Is Coming

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The XRP price may be approaching a decisive turning point after fresh on-chain data revealed one of the most extreme capitulation events in years. According to Santiment analysis, XRP has just recorded its largest realized loss spike since 2022, a development that has previously preceded a major price recovery. The data is now fueling expectations that a bottom could be in, with a move back above $2 increasingly within reach if history repeats.  XRP Price Bottom Signals Emerge After Historic Loss Spike Santiment’s weekly Network Realized Profit/Loss chart, which tracks…

ZachXBT to drop bombshell exposé on insider trading at top crypto firm on Thursday

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Prominent blockchain investigator ZachXBT said Monday he plans to release findings on February 26 detailing alleged insider trading at a major crypto firm. The report will focus on employees who exploited confidential data for personal benefit over an extended timeframe. NEW: Major investigation dropping February 26 on one of crypto’s most profitable businesses where multiple employees abused internal data to insider trade over a prolonged period of time. pic.twitter.com/Losou2CZ2N — ZachXBT (@zachxbt) February 23, 2026 The unnamed company ranks among the seven most profitable businesses in the industry, according to…

How Many People Actually Pay With Bitcoin? Real Use Cases Revealed

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Key takeaways Measuring real Bitcoin payments is difficult because many transactions go through intermediaries, crypto cards or instant conversions. Surveys show that a sizable minority of crypto holders have used crypto to buy goods or services at least once but rarely distinguish Bitcoin from other assets. El Salvador’s experience suggests that making Bitcoin legal tender does not automatically lead to everyday retail use, especially when existing payment systems remain convenient. Payment processor data indicates that crypto payments are more common in online and high-value categories like travel, electronics and digital…

Bitcoin Bottom at $60k? The Answer Might Be in Tether’s Market Cap Chart

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Bitcoin (BTC) may form a bottom in the coming weeks as Tether’s USDt (USDT) market cap dropped to levels that preceded BTC’s 2022 bear market lows. Key takeaways: Tether’s USDt triggers a signal that last time preceded a 100% Bitcoin price rally. BTC price is testing two major support zones that have historically triggered significant price rebounds. Tether flashes a bottom signal reminiscent of 2022 On Sunday, Tether USDt’s 60-day market cap change was down by $3.1 billion (see chart below), revisiting a historically significant zone that aligned with Bitcoin’s…