Day: February 26, 2026

American Bitcoin’s Trump‑Backed Mining Bet Nets $59M Q4 Loss

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American Bitcoin Corp. (ABTC) reported a fourth quarter 2025 net loss of $59.5 million, even though its revenue climbed to $78.3 million, up 22% from the third quarter, according to its latest earnings release and 8‑K filing with the United States Securities and Exchange Commission (SEC).  The Trump family‑backed Bitcoin (BTC) miner posted a Q4 gross margin of 53% and said it had “mined Bitcoin at a 53% discount” to spot purchasing. A sizable non‑cash loss on digital assets contributed to a full-year 2025 net loss of $153.2 million, driven…

ZachXBT alleges Axiom staff member abused internal access for insider trading

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Axiom Exchange, a Solana-based trading platform backed by Y Combinator, is facing allegations that a staff member exploited internal tools to access private user wallet data and potentially facilitate insider-style trading since early 2025. ZachXBT, an independent on-chain investigator, published findings today identifying Broox Bauer, a senior business development employee based in New York, as a central figure in the alleged scheme. 1/ Meet @WheresBroox (Broox Bauer), one of the multiple @AxiomExchange employees allegedly abusing the lack of access controls for internal tools to lookup sensitive user details to insider…

Grvt Integrates Aave for Traders to Earn Yield on Perp Collateral

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Decentralized perpetual futures exchange (perp DEX) Grvt said it has integrated the Aave lending protocol to let traders earn yield on collateral posted for margin while keeping their derivatives positions open. The company said Thursday that the feature is designed to reduce the opportunity cost of margin collateral that typically sits idle on trading venues. Perpetual futures are crypto derivatives that track an asset’s price and do not expire. “On most platforms, your capital can only do one thing at a time,” Hong Yea, CEO of Grvt, told Cointelegraph. “Your…

OKX Integrates Chainalysis Alterya for Pre-Withdrawal Scam Screening

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Crypto exchange OKX has expanded its relationship with blockchain analytics company Chainalysis by integrating Alterya, a fraud-detection platform designed to identify scam-related payment destinations before funds are sent. The partnership reflects a broader shift among exchanges from post-transaction blockchain monitoring toward earlier intervention, particularly in cases where users are persuaded to transfer funds to scam-controlled accounts, OKX told Cointelegraph.  Alterya analyzes scam infrastructure across websites, social media and messaging channels, and links those signals to financial identifiers such as crypto wallets and bank accounts. Integrated into withdrawal flows, the system…

Vitalik Buterin exceeds target after selling over 17,000 ETH

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Ethereum co-founder Vitalik Buterin has continued to sell Ethereum, bringing his total recent sales to 17,196 ETH, worth approximately $35 million, according to on-chain data. The amount now exceeds his original plan to sell 16,384 ETH. In January, Buterin disclosed plans to liquidate a portion of his holdings to support long-term ecosystem initiatives. Proceeds from the sales are earmarked for privacy-focused projects and open-source development efforts. He stated that the strategy was meant to reinforce the network’s infrastructure during a period of elevated volatility. The sales were executed through both…

Wallet in Telegram Adds DeFi “Vaults” to Earn on BTC, ETH and USDt

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Telegram’s built-in crypto wallet has introduced a feature that allows users to earn returns on major cryptocurrencies inside the messaging app. The update introduces vaults in TON Wallet, a self-custodial wallet integrated within Wallet in Telegram, enabling users to hold, send and earn on Bitcoin (BTC), Ether (ETH) and Tether’s USDt (USDT) without leaving the chat interface, according to a Thursday announcement shared with Cointelegraph. “At Wallet in Telegram, our mission is to transform digital assets from complex concepts into practical tools for everyday life,” said Andrew Rogozov, CEO of…

Kraken, CMT Digital, and Fidelity’s arm invest in crypto options platform STS Digital

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STS Digital, a Bermuda-regulated digital asset trading firm serving institutional clients, has secured $30 million in a round led by CMT Digital, according to a Thursday announcement. Payward, the parent company of exchange operator Kraken, also participated alongside Arrington Capital, BitRock Capital, Strobe Ventures, and Fidelity’s affiliated investment arm, F-Prime. Established in 2022, STS Digital offers trading in spot markets, options, and structured products across more than 400 digital assets through multiple access channels. The fresh capital will be used to grow the firm’s spot and options infrastructure, enhance its…

Citi to integrate Bitcoin into traditional finance via bank-grade custody

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Citi is preparing to roll out infrastructure aimed at integrating Bitcoin into traditional finance, according to Nisha Surendran, who leads the bank’s digital asset custody development. Speaking at Strategy World, an event hosted this week by Bitcoin treasury firm Strategy, Surendran said the initiative is part of Citi’s effort to “make Bitcoin bankable” through custody, key management, and integration into existing financial systems. “Later this year, Citi will be launching our infrastructure that integrates Bitcoin into traditional finance,” Surendran said. “We’re going to start with core custody and safekeeping capabilities,…

Middle East Tensions Drive Flight to Gold as Investors Exit Equities, BTC

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Rising tensions in the Middle East are pushing investors toward safe-haven assets, with gold demand climbing as investors flee equities and crypto markets. On Wednesday, reports revealed that Iran has sharply increased crude oil exports, with shipments from Kharg Island reaching roughly 20.1 million barrels between Feb. 15 and Feb. 20, about three times January’s level, as a preemptive supply release and a hedge against possible disruption if tensions with the United States escalate. At the same time, increasingly hawkish US rhetoric regarding Iran’s nuclear program has raised expectations of…

Bitcoin Price Eyes $80,000 Liquidity Grab as ETFs Resume Buying BTC

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Bitcoin (BTC) tapped $70,000 during Wednesday’s New York session as bulls targeted sell liquidity. Key takeaways: BTC price support must hold above a key trendline at $68,000 for the rebound to continue. $80,000 is a key level to watch as the next big liquidation cluster above. Spot Bitcoin ETF inflows attracted half a billion dollars in inflows on Wednesday. BTC/USD hourly chart. Source: Cointelegraph/TradingView Bitcoin must close week above $68,000 Data from TradingView showed the BTC/USD pair at $68,480 on Bitstamp. This is just above the 200-week exponential moving average…