Day: February 25, 2026

Bitcoin Price Attempts Comeback, but Technical Hurdles Challenge Bulls Ahead

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Bitcoin price failed to stay above $65,000 and dipped further. BTC is now recovering losses from $62,500 and faces hurdles near the $66,500 zone. Bitcoin started a fresh decline and traded below the $65,000 support. The price is trading below $66,500 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $66,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $65,500 and $65,000 levels. Bitcoin Price Recovers Some Ground…

US senator probes Binance over alleged Iran and Russia sanctions violations

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Richard Blumenthal, the senior Democratic senator from Connecticut, is investigating Binance, the largest crypto exchange by trading volume, over allegations that it enabled Iranian money laundering schemes and sanctions evasion linked to Russian oil trade. In a letter sent Tuesday to Binance CEO Richard Teng, Blumenthal pointed to reports from the Wall Street Journal, the New York Times, and Fortune that Binance partners Hexa Whale and Blessed Trust allegedly acted as intermediaries for illicit transactions tied to Iranian government entities, terrorist groups including the Houthis, and Russia’s shadow oil fleet.…

Anthropic Accuses Three Firms of Using Sophisticated Distillation Attacks

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Artificial intelligence firm Anthropic has accused three AI firms of illicitly using its large language model Claude to improve their own models in a technique known as a “distillation” attack. In a blog post on Sunday, Anthropic said that it had identified these “attacks” by DeepSeek, Moonshot, and MiniMax, which involve training a less capable model on the outputs of a stronger one. Anthropic accused the trio of generating “over 16 million exchanges” combined with the firm’s Claude AI across “approximately 24,000 fraudulent accounts.”  “Distillation is a widely used and…

Bitwise Acquires $2.2B Crypto Staking Firm Chorus One

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Crypto asset manager Bitwise has acquired the staking services company Chorus One, which oversees more than $2.2 billion in staked assets and could help Bitwise expand its portfolio of crypto staking products. Bitwise said on Tuesday that 50 of Chorus One’s employees will join Bitwise Onchain Solutions, where several billion dollars’ worth of crypto assets are already staked.  The acquisition could see Bitwise diversify its range of exchange-traded products, including staking, as the Securities and Exchange Commission has shown support for a broader range of crypto investment products. Staking allows…