Daily Highlights: AI Agent Misfires by Sending Entire Memecoin Holdings to Reply Guy, Based Secures $11.5M in Pantera-Led Funding Round, and Other Key Updates
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Ethereum Faces Potential Drop Below $1,500 as Vitalik Buterin Accelerates ETH Sales
The Ethereum co-founder still has over 7,000 ETH left to sell, a supply overhang that could push the ETH price lower in the coming days.
Exposing the Dark Mechanics of Pig-Butchering Crypto Scams: Transforming Trust into Financial Tools for Deception
Long-term trust-building tactics power pig-butchering crypto scams, the fastest-growing fraud threats today.
Binance Reports a 97% Decrease in Sanctions Exposure Since 2024
Binance doubled down on its compliance credentials in a blog post after a report published earlier this month accused it of sanction violations.
Vitalik Buterin Presents Innovative AI Solutions to Enhance DAO Governance
A researcher at the Near Foundation told Cointelegraph last year that he was working on AI-powered digital twins that vote on behalf of DAO members to address low voter participation.
JPMorgan Acknowledges Ending Banking Relationship with Trump Following Capitol Riot
Court documents indicate that JPMorgan de-banked Trump, with debanking one of the main reasons the Trump family turned to crypto.
NYDIG Reports on the Shrinking Investable Opportunities in the Cryptocurrency Market
NYDIG’s Greg Cipolaro says only a handful of crypto applications are attractive to investors and that the sector needs to reevaluate its “broad ‘W97w1ww22eb3’ ambition.”
Michael Saylor Teases Upcoming Milestone with 100th Bitcoin Purchase for His Investment Strategy
Bitcoin-treasury firm Strategy has accumulated 717,131 Bitcoin since August 2020, and has made 99 Bitcoin purchases to date.
Missouri Legislators Move Forward with Innovative Bitcoin Strategic Reserve Legislation
A similar bill proposing a Bitcoin Strategic Reserve was introduced in February last year, but failed to advance past the committee stage.
OpenAI Employee's AI Agent Mistakenly Transfers $442,000 to Homeless Individual
One theory is that Lobstar Wilde tried to send 52,439 LOBSTAR tokens but misinterpreted Solana’s UI and sent 52.4 million tokens instead.
Bitcoin ETFs Experience a 5-Week Decline While Metaplanet Defends Itself Against Accusations: Insights from Hodlers Digest, February 15 – 22
US-based spot Bitcoin ETFs have shed around $2.6 billion already in 2026; Bitcoin developer Matt Corallo shuts down quantum as the reason for the recent sell-off; and other news.
Bitcoin Plummets Below $65,000 Amidst Economic Turbulence: Analysts Weigh In on Market Impact
Nearly $360 million in crypto long positions were liquidated in an hour, according to Coinglass' heatmap based on available data.