Author: NBTC

Binance announced it purchased 3,600 $BTC for its SAFU (Secure Asset Fund for Users) fund, created to protect user assets. The exchange stated that this purchase was made using approximately $250 million worth of stablecoins, with an average purchase price of $69,444. According to the statement, following the purchase, the total amount of $BTC in SAFU’s Bitcoin address on Binance increased to 6,230. The total value of the existing assets is stated to be approximately $412 million. On-chain data shows that this Bitcoin transfer took place on February 6th at 10:04 AM. The purchased $BTC were transferred to the Binance…

A recent on-chain report shared by Lookonchain highlights a sharp loss incurred by a Polymarket trader known as “bossoskill1.” Over just eight days, the trader lost approximately $2.36 million while actively participating in sports-related prediction markets. The activity included 53 separate predictions across major leagues, making this one of the more extreme short-term drawdowns observed on decentralized prediction platforms. The case has drawn attention because the losses occurred despite a win rate close to 50%. How the Trading Strategy Was Structured On-chain dashboards show that the trader placed bets primarily on NFL, NBA, NHL, and NCAA spread markets. These markets…

Bybit has partnered with global payments infrastructure platform Mercuryo to offer zero transaction fees on qualifying crypto purchases. Alongside its payments initiatives, Bybit has continued expanding its financial product offerings. Last year, the exchange introduced 24/5 stock CFD trading on its TradFi platform, allowing users to trade selected stock contracts for difference, including tech names such as NVIDIA, Tesla, and Apple, on weekdays without being limited by U.S. market hours. Up to February 18, 2026, eligible users in selected markets can buy $USDC or $USDT with any of seven supported fiat currencies through Bybit One-Click Buy without paying standard transaction…

Franklin Templeton has amended two Western Asset institutional money market funds (MMFs) to plug directly into the emerging US stablecoin regime and tokenized cash infrastructure rather than launching new crypto native products. According to a release shared with Cointelegraph, Franklin Templeton is adapting the two long‑running Western Asset institutional funds so they can be used more directly in US GENIUS‑aligned stablecoin reserve structures and blockchain‑enabled distribution channels, without changing their status as Securities and Exchange Commission‑registered 2a‑7 MMFs. The changes are designed to allow the funds to serve as regulated, government-backed collateral for payment stablecoins and other tokenized cash uses…

Binance Pay can now be used for cryptocurrency payments at 650,000+ Scan To Pay merchants in South Africa. Users can spend over 100 different cryptocurrencies, with instant settlement and no gas fees. The partnership facilitates practical uses of cryptocurrency through connection with local payment platforms. Binance Pay and Scan To Pay have joined forces in a bid to boost the use of crypto spending in real-life scenarios in the country. With this move, it is possible to make payments with cryptocurrency to over 650,000 Scan To Pay merchants across the country. This move enlarges the footprint of Binance Pay by…

Alchemy Pay, a renowned crypto-fiat payment gateway, is excited to announce its strategic partnership with HTF Securities, a licensed firm that aims to support regulatory expansion and potential virtual asset service in Hong Kong. The core purpose of this partnership is to facilitate a seamless flow of payments, along with certified, protected services in Hong Kong. Alchemy Pay consistently proves itself to be a trusted and the best platform for crypto matters worldwide, operating efficiently. Alchemy Pay has received satisfactory responses from users till now and actively facilitates users with advanced features. 🇭🇰 #AlchemyPay, together with HTF Securities, has uplifted…

The DeFi super application space is facing headwinds following the Infinex token generation event (TGE) in January, but despite the adverse market conditions, Yearn Finance founder Andre Cronje is launching Flying Tulip’s (FT) public sale next week. Flying Tulip confirmed the sale date on Saturday, and prediction markets are giving the platform a 50-50 chance of trading above a $400 million fully diluted valuation (FDV), albeit on low volumes. Flying Tulip FDV Odds – Polymarket For comparison, Infinex’s INX token is trading at a $121 million FDV, leaving ICO participants at a 60% loss from its $300 million ICO valuation.…

Kalshi, the New York-based prediction exchange, is reportedly seeking regulatory clearance to launch margin trading, according to people familiar with the discussions. The prediction market has spent months in talks with the US Commodity Futures Trading Commission (CFTC) to seek permission to expand how traders fund positions, as reported on Friday by the Financial Times. As of the latest update, the CFTC has not indicated whether approval will be granted, and the status of the request remains largely unclear. Kalshi creates surveillance audit arm for regulatory approval push According to a news article published on the prediction market provider’s website,…

In a move that underscores growing DeFi competition, Sushi Solana integration is set to widen access to high-speed trading for millions of crypto users. Sushi deploys on Solana to expand its multichain reach Leveraging Jupiter’s Ultra API for optimized Solana execution Sushi’s role in the global DeFi and multichain landscape Sushi deploys on Solana to expand its multichain reach On Feb. 9, 2026 in New York, decentralized exchange Sushi announced its official launch on the Solana network, marking a significant step in its multi-chain expansion strategy. The deployment extends Sushi’s suite of trading and liquidity products to one of the…

CoinGecko, a prominent crypto market data and analytics company, is considering a sale at a valuation of around $500 million, according to two people with knowledge of the matter. The firm has appointed investment bank Moelis to advise on the sale, the people said, who spoke on condition of anonymity as the matter is private. A third person said it remains too early for a valuation to have been determined yet, as the process only began late last year. CoinGecko did not respond to requests for comment by the time of publication. Moelis declined to comment. The firm is exploring…