FDIC pays fees and drops crypto pause letters fight
The Federal Deposit Insurance Corporation agreed to pay $188,440 in legal fees and revise its transparency policies to settle a FOIA lawsuit tied to crypto-related “pause letters.”
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The Federal Deposit Insurance Corporation agreed to pay $188,440 in legal fees and revise its transparency policies to settle a FOIA lawsuit tied to crypto-related “pause letters.”
Bitcoin investment products shed $264.4 million last week, a sharp slowdown from prior weeks, as altcoin funds recorded their first net inflows in three weeks, according to CoinShares.
Cango sold 4,451 bitcoin over Feb. 7–8, completing one of the largest confirmed miner liquidations of 2026 as falling prices and tight margins pressure the sector.
Bitmine Immersion Technologies disclosed on Monday that its ethereum treasury has grown to more than 4.3 million ETH, leaving the firm about $480 million underwater as prices trade below its average entry level.
Strategy bought 1,142 Bitcoin last week as prices slid to multi-year lows, underscoring executive chairman Michael Saylor’s commitment to aggressive accumulation despite deepening paper losses.
Ethereum Name Service has scrapped plans to launch its own layer-2 network, opting instead to deploy its ENSv2 upgrade directly on Ethereum as base-layer scaling accelerates.
A Chinese-language crypto guarantee service known as Xinbi processed about $17.9 billion in onchain transaction volume despite bans and enforcement actions targeting similar platforms, according to TRM Labs.
Crypto security firm Scam Sniffer said address poisoning scams recently cost just two victims more than $62 million, highlighting the growing scale of a long-running crypto fraud tactic.
Bitcoin’s Sharpe ratio has fallen to around -10, a level last seen near major bear market bottoms in 2018 and 2022, signalling an increasingly extreme risk-reward profile.
Coinbase returned to the Super Bowl four years after its viral QR code ad, airing a one-minute commercial built around animated lyrics from the Backstreet Boys’ 1997 hit “Everybody (Backstreet’s Back).”
South Korea’s Financial Supervisory Service said it will intensify investigations into suspected cryptocurrency price manipulation in 2026, targeting high-risk trading tactics as it prepares the next phase of crypto regulation.
Crypto exchange-traded products saw outflows of $187 million last week, sharply lower than recent totals, as selling pressure cooled following a steep market downturn.
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