Bitcoin Holding Losses from Strategy Expand to Over $4.6 Billion

On February 5, Web3 security firm Certora announced it had secured a grant from the Ethereum Foundation, with the exact amount undisclosed. The funding will support verification of automated precompiles— a key optimization technology for zero-knowledge proofs— developed by Powdr Labs for the Ethereum Foundation’s zkEVM initiative.

**February 5th Update: OpenAI Launches Frontier Enterprise AI Agent Platform** OpenAI announced the launch of its Frontier enterprise AI agent management platform on February 5th. The platform is built to help companies build, deploy, and manage AI agents capable of performing real-world tasks. Frontier equips these agents with core skills for successful human-AI collaboration: shared context, rapid onboarding, learning from hands-on feedback, and clear permissions and boundaries. The team will shift from isolated use cases to AI teammates that can collaborate across business units. Early adopters of Frontier include HP, Intuit, Oracle, State Farm, Thermo Fisher, and Uber. Dozens of existing customers—including BBVA, Cisco, and T-Mobile—have also begun piloting the platform to support some of their most complex, high-value AI work.

On February 5, Circle announced a partnership with Polymarket to bring its stablecoin infrastructure to the prediction market.

February 5 — Bitwise has launched the "Bitwise Custom Yield Strategy," a new yield-focused, professionally managed investment product available to eligible institutional clients. Bitwise will oversee portfolio management, while Kraken provides custody, execution, and risk monitoring services. The strategy leverages dormant cryptocurrency assets to generate yield.

On February 5, cryptocurrency exchange Gemini will shut down its UK operations, with all customer accounts set to transition to withdrawal-only status starting March 5, 2026.

**ChainNews reported on February 5 that as Ethereum (ETH) dropped to the $2,000 level, a whale with a large leveraged position faced imminent liquidation.** The investor had collateralized 23,800 ETH (valued at roughly $48.56 million) to borrow 35.27 million DAI, with a liquidation threshold of $1,800. With ETH’s current price just $250 away from that threshold, the whale urgently sold 238 ETH to convert to 488,000 DAI and repay part of the debt.