Day: February 24, 2026

Cybersecurity Stocks Slump After Anthropic AI Launch

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Shares in leading listed cybersecurity companies have fallen since Anthropic’s launch of Claude Code Security on Friday, an AI-powered code vulnerability scanner. Anthropic launched Claude Code Security on Feb. 20 as a limited research preview.  Claude can reason like a skilled security researcher According to the company website, Anthropic’s chatbot Claude “scans your entire codebase for vulnerabilities, validates each finding to minimize false positives, and suggests patches you can review and approve.”  Claude reasons through code “like a skilled security researcher,” it understands context, traces data flows, and “catches vulnerabilities…

Dogecoin (DOGE) Dips Into Red as Bearish Pressure Quietly Builds Today

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Dogecoin started a fresh decline below the $0.10 zone against the US Dollar. DOGE is now consolidating losses and might face hurdles near $0.0950 and $0.10. DOGE price started a fresh decline below the $0.10 level. The price is trading below the $0.0950 level and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $0.0958 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could extend losses if it stays below $0.10 and $0.1020. Dogecoin Price At Risk…

Terraform Accuses Jane Street of Insider Trading

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The court-appointed administrator leading crypto company Terraform Labs through its bankruptcy has sued trading firm Jane Street, accusing it of insider trading that worsened the collapse of the multibillion-dollar Terra ecosystem. On Monday, Todd Snyder, Terraform’s court-appointed administrator, sued Jane Street, its co-founder Robert Granieri, and employees Bryce Pratt and Michael Huang in a Manhattan federal court, accusing them of “misappropriating confidential information and manipulating market prices.” The heavily redacted complaint claimed Jane Street used connections with “Terraform insiders to learn material non-public information” about the company and used the…

Citrini’s AI Doom Report Leads to Tech Stock Selloff

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A new report by Citrini Research has been partially blamed for a software and payments stock sell-off on Monday, where it outlined extreme scenarios in which AI could severely disrupt the economy, from wiping out a sizable share of the workforce and slashing consumer spending to threatening the $13 trillion US mortgage market. Citrini was little-known up until Monday, when its “Global Intelligence Crisis” report amassed over 22 million views on X alone, discussing how AI agents could drive corporate profits so high that human labor could become increasingly redundant…

Falling Binance Stablecoin Reserves Signal Liquidity Crunch

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Stablecoin reserves on the world’s largest crypto exchange, Binance, have fallen back to levels not seen since October amid a crypto liquidity drought, according to CryptoQuant. The stablecoin reserves are down 18.6% since November, dropping around $10 billion from $50.9 billion to current levels of $41.4 billion, said CryptoQuant analyst Darkfost on Monday. Stablecoin reserves on exchanges “typically adjust based on investor demand,” and crypto “liquidity dynamics can be proxied through stablecoin flows,” the analyst noted. Despite the decline, Binance still accounts for roughly 64% of total stablecoin reserves across…

XRP Price Tests Crucial Floor, Bearish Bias Strengthens Further

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Fed is Seeking Feedback on Proposal to Remove Reputation Risk from Banking

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The US Federal Reserve is seeking to codify a rule removing “reputation risk” from banking supervision, which some have blamed for a wave of crypto debanking in recent years. The Fed initially began making changes in June last year, announcing that it had directed its supervisors to stop pressuring banks to shut down client accounts over reputation risk, meaning banks can only make decisions on clients based on financial risk management.  In a press release on Monday, the Fed said that it is requesting feedback on a proposal to turn…

Ethereum Price Slides Deeper, $1,800 Emerges as Crucial Battleground

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Ethereum price started a fresh decline below $1,880. ETH is now consolidating losses and might struggle to recover above $1,880 or $1,900. Ethereum failed to stay above $1,920 and started a fresh decline. The price is trading below $1,900 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1,920 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $1,900 zone. Ethereum Price Dips Further Ethereum price failed to stay above…

Taylor Lindman Departs Chainlink Labs for SEC Crypto Task Force

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Taylor Lindman, the deputy general counsel at blockchain firm Chainlink Labs, has joined the Securities and Exchange Commission’s Crypto Task Force as its new chief counsel, filling a role left by now-CFTC chair Michael Selig. In an X post on Monday, Chainlink Labs announced Lindman’s departure after five years and confirmed his official appointment to the SEC’s Crypto Task Force. “We thank Taylor for his great five years as a key part of the Chainlink Labs team in his role as deputy general counsel. We all look forward to modernizing…

Step Finance Shuts Down After $27 Million Hack

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Three Solana-based platforms have announced they are shutting down after a Step Finance hack at the end of January that has been deemed unrecoverable.  Solana portfolio dashboard and DeFi aggregator Step Finance announced on Monday that it would be winding down operations. The closure also extends to subsidiaries Solana NFT analytics and ecosystem media outlet SolanaFloor, and lending and yield protocol Remora Markets. “Following the hack at the end of January, we explored every possible path forward, including financing and acquisition opportunities,” it stated, referring to a $27 million security…