A court in Guangdong, China, has sentenced 19 individuals in a virtual currency "boosting" money laundering case, involving fraudulent funds of over 2 million yuan

February 10: Ethereum Foundation member ladislaus.eth noted the network is undergoing a key, largely under-the-radar architectural shift—moving from nodes re-executing every transaction in a block to verifying execution correctness via zkEVM proofs. Backed by EIP-8025 (Optional Proof of Execution), the proposal lets validators opt to validate multi-client zk proofs at the consensus layer instead of running a full execution layer (no upgrades or forks required). This mechanism is expected to slash node hardware and sync costs significantly, benefiting independent validators and home nodes. It also lays groundwork for future L1 execution scaling, ePBS (slated for the Glamsterdam upgrade), and native rollups. Ethereum’s L1-zkEVM roadmap targets 2026, with its first dedicated conference set for February 11.

On February 10, Upbit will add Dent (DENT) to its trading warning list. Currently, DENT’s deposit channel is closed. Upbit will review the reasons for the trading warning in line with its digital asset trading support termination policy. During the review, the warning period may be extended. If the underlying issues prompting the warning are not fully resolved, Upbit may terminate trading support for DENT.

On February 10, per Onchain Lens data, a new address deposited $1.98 million into HyperLiquid and opened a 20x long position on ETH, with an average entry price of $2,068.

On February 10, Techub News reported that Victory Securities Hong Kong officially disabled cryptocurrency trading for all users with mainland China identities as of the afternoon of February 9, 2026. The platform will only retain asset withdrawal permissions, ceasing support for new deposits and trades. This latest step—part of the firm’s ongoing tightening of services for mainland users (which previously included purchase restrictions and pausing new address verification)—aims to comply with regulations from Hong Kong’s Securities and Futures Commission (SFC) and relevant mainland China policies. Non-mainland tax resident users may continue using cryptocurrency trading services normally. Affected users can still withdraw their assets without disruption.

On February 10, Chainlink co-founder Sergey Nazarov shared a lengthy post on X (formerly Twitter) addressing the current crypto market landscape. He highlighted that market cycles are a normal part of the cryptocurrency industry—what’s critical is that these cycles reveal the sector’s development trajectory, and the trends defining the next phase (adoption, value creation) will set the industry’s course. Notably, there have been no major risk management failures to date that have caused large institutions to collapse or systemic risk to spread. This indicates the industry’s risk management practices are significantly stronger in this cycle than in the previous one. Nazarov also stated that, regardless of price fluctuations, the on-chainization of real-world assets (RWAs) is accelerating consistently. This underscores that RWA on-chainization isn’t closely tied to crypto prices; it has unique value that can grow independently of Bitcoin or other crypto asset prices. Further, this

On February 10th, on-chain data from HyperInsight monitoring (via their Telegram channel at https://t.me/HyperInsight) shows an ETH mainnet long whale (address 0xa5b…) added $7.5 million in margin to Hyperliquid overnight and this morning, opening a 15x leveraged ETH long position—now the largest ETH long on the platform. The current position size is 60,000 ETH (≈$123 million), with an average entry price of $2,059. The account holds $33.46 million in remaining margin, and the position has an unrealized profit of $360,000 (≈4.6% gain to date). Notably, the same address closed a ~2-month-old ETH long position yesterday, incurring a loss of ~$9.63 million. The closed position size was roughly 60,000 ETH—matching the new position’s scale. For this whale, the exit likely served as a risk reset: after a failed position structure, they re-entered with a more rational margin setup while retaining bullishness on ETH.