Day: February 27, 2026

South Korea Tax Office Leaks Seed Phrase in Press Release

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South Korea’s National Tax Service (NTS) accidentally exposed a crypto wallet seed phrase in an official press release on Thursday, leading to a loss of 4 million PRTG  (Pre‑Retogeum) tokens worth about $4.8 million from the address, according to local media reports. According to multiple Korean media reports on local sites Naver, Chosun and others, the press release related to the National Tax Service’s enforcement campaign against tax delinquents and seizures that the authorities had carried out. The release reportedly included an image of a Ledger cold wallet and a…

OpenAI closes $110B round at $730B valuation with SoftBank, NVIDIA, and Amazon

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OpenAI, the artificial intelligence research lab developing advanced models toward safe AGI, today announced a $110 billion funding round at a $730 billion pre-money valuation, with backing from SoftBank, NVIDIA, and Amazon. SoftBank, the Japanese investment conglomerate behind major tech initiatives, and NVIDIA, a leading supplier of AI computing hardware, each committed $30 billion. Amazon, operator of the dominant AWS cloud platform, contributed $50 billion and entered a multi-year strategic partnership to accelerate AI adoption across enterprise and consumer markets. The capital infusion will expand computing infrastructure to meet surging…

Norway’s sovereign wealth fund posts $248 billion profit in 2025

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Norway’s sovereign wealth fund, the Government Pension Fund Global, one of the world’s largest state-owned investment vehicles, generated $248 billion in profit in 2025, lifting its market value to roughly $2.2 trillion. The massive profit was driven by gains in American technology and financial stocks, with strong contributions from US companies, including major stakes in NVIDIA, Apple, and Microsoft. CEO Nicolai Tangen said AI optimism, rate cuts, and solid corporate earnings supported returns, while the fund also grew renewable infrastructure, fixed income, and real estate investments. Managed by Norges Bank…

UK Gambling Watchdog May Allow Crypto Payments Under New FCA Framework

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The United Kingdom’s Gambling Commission is exploring how cryptocurrency could be used for payments at licensed online casinos, as the country prepares to bring more crypto activity under a new regulatory regime led by the Financial Conduct Authority (FCA). Tim Miller, the commission’s executive director for research and policy, said Thursday that the regulator wants to examine “the potential path forward” for allowing “cryptoasset to be used as a consumer payment option for licensed and regulated gambling in Great Britain.” Miller made the remarks at the Betting and Gaming Council’s…

Tushar Jain: Business development is key for blockchain success, Solana’s technical roadmap is crucial for its future, and Ethereum faces scalability challenges in trading

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Solana’s unique advantages position it as a leading contender against Ethereum in the blockchain space. Key takeaways Business development and marketing are more crucial than technology in the short term for blockchain success. Corporate blockchain initiatives face challenges due to competitive financial institutions. Solana’s future hinges on technical roadmaps and scalability upgrades. Solana is seen as the most advanced blockchain in terms of technology and community effort. Using market price to gauge fundamentals can be misleading in crypto. Rising barriers to entry benefit established platforms like Ethereum and Solana. Solana…

Pantera, Franklin Join Sentient Arena AI Agent Testing Initiative

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Pantera Capital and Franklin Templeton’s digital assets unit have joined the first cohort of Arena, a new testing environment from open-source AI lab Sentient that is designed to evaluate how AI agents perform in enterprise-style workflows. In a Friday announcement shared with Cointelegraph, Sentient positioned Arena as a production-style benchmarking platform rather than a static model test. Instead of scoring agents on fixed datasets alone, it runs them through standardized tasks modeled on enterprise conditions, including long documents, incomplete information and conflicting sources.  “In this initial phase, participation refers to…

UK regulator weighs crypto as payment option for gamblers

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The UK Gambling Commission is evaluating the potential for consumers to fund bets with crypto assets. Speaking at the Betting and Gaming Council AGM, Executive Director Tim Miller said the regulator wants to understand how these assets could work safely in regulated gambling. The exploration comes in light of the forthcoming Financial Conduct Authority oversight under new crypto asset regulations. The regulator prepares to complete its regulatory framework for digital assets later this year, with enforcement set to begin in late 2027. As a tentative first step, Miller has asked…

Judge Blocks Binance Bid to Force US Crypto Claims into Arbitration

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A United States federal judge ruled that Binance cannot force a group of US customers to arbitrate claims over losses on crypto tokens they bought on its global platform before Feb. 20, 2019, keeping a major class action in open court. The decision on Thursday by District Judge Andrew Carter Jr. in the Southern District of New York held that those claims were not bound by Binance.com’s 2019 arbitration clause because users lacked sufficient notice when the company unilaterally shifted its terms of use away from the 2017 version, which…

Flip These Key Resistance Levels to Support

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Bitcoin bulls were battling to flip three resistance levels back into support by the end of the week, but history shows they may need to wait another month. Bitcoin (BTC) is battling three key resistance levels at once, and the end of the bear market may depend on breaking them in March. Key takeaways: Bitcoin still faces three resistance levels on the weekly chart after its midweek gains. Bitcoin is down 14% in February, the fifth consecutive red month for BTC price. Bitcoin bulls attempt three support flips Data from…

Suspected Insider Wallets Net $1.2M Betting on ZachXBT’s Axiom Expose

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A small group of crypto wallets won more than $1.2 million betting on a Polymarket contract tied to an onchain investigation into decentralized finance (DeFi) trading platform Axiom, fueling fresh concerns that prediction markets can reward people with advance knowledge of market-moving disclosures. The eight most profitable wallets on the market collectively made about $1.2 million, according to trading data compiled on Dune. The same dataset showed more than 50 wallets posting combined losses of roughly $1.23 million, while two wallets lost about $366,000. Eight out of the top 10…