Chainlink's Former Executive Joins as Chief Legal Advisor for SEC Crypto Team

On February 24, Binance Alpha listed CRCLon — Ondo’s tokenized Circle Internet Group asset.

February 24 — Foreign media outlets reported that former U.S. President Donald Trump’s “Board of Peace” is exploring launching a U.S. dollar-backed stablecoin to help revitalize Gaza’s stagnant economy. The project remains in early stages, with goals to restrict cash flow to Hamas and advance development of a digital payment system. Led by Israeli tech advisor Liran Tancman, the initiative involves Gaza’s newly established National Committee for Advancing Gazan (NCAG) and the Board of Peace, which will develop relevant regulatory frameworks. The proposed stablecoin will not replace the Israeli Shekel but will support electronic payments, financial services, and digital business activities — addressing challenges of damaged local infrastructure and limited cash circulation. However, concerns have been raised that the move could deepen economic separation between Gaza and the West Bank, while Gaza’s power and internet infrastructure remain relatively underdeveloped. Stakeholders no

February 24 Multiple sources report that Trump-backed crypto project World Liberty Financial (WLFI) plans to build a luxury resort in the Maldives featuring 100 beach and overwater villas, and launch tokenized fundraising during its development phase. WLFI notes this move will make early-stage "high-profit development gains" from commercial real estate accessible to token holders, with associated tokens projected to offer investors fixed income and a share of loan revenue. Meanwhile, Trump’s Board of Peace is exploring a U.S. dollar-pegged stablecoin launch to support digital payments and financial services in the Gaza region. Led by Israeli tech advisor Liran Tancman, the initiative involves Gaza’s newly formed National Committee for Advancing Gaza (NCAG) and the Board of Peace to establish a regulatory framework. The stablecoin will not replace the Israeli Shekel; instead, it will facilitate electronic payments and digital commerce to mitigate local infrastructure damage and cas

On February 24, on-chain detective ZachXBT announced he will release a major investigation on February 26 targeting one of the crypto industry’s most profitable firms—alleging multiple employees engaged in prolonged insider trading by misusing internal data. In the wake of the announcement, several crypto KOLs took to social media to weigh in. @spacexbt noted that if the probe targets a prediction market platform, employees would theoretically have access to sensitive data—including outcome determination rules, market maker positions, liquidity metrics, and user order flow. Combined with past reports of “unusually high win rates” and massive profits on such platforms, this long-running information asymmetry is notable. Earlier reports also flagged suspected advance betting on geopolitical events via Polymarket, reigniting community chatter about insider trading. Additionally, Crypto Rug Muncher targeted crypto projects linked to the Trump family, claiming that during the recent $

On February 24th, data from Coinbob Popular Address Monitoring shows that as HYPE’s price continues to decline, the largest on-chain whale holding a long position in the token—suspected of insider trading related to HYPE’s listing—has seen its unrealized loss swell to $17.2 million. Overnight and this morning, the whale urgently deposited a total of $2.4 million in additional margin to lower its liquidation price. The address currently holds a 5x leveraged HYPE long position worth approximately $36.18 million, with an entry price of $38.67. The position is now down roughly 237%, and its liquidation price has been adjusted from the previous $26.15 to $23.9. The position is now only about 2.2% away from its liquidation price. Even when HYPE surged sharply earlier—nearly bringing the position back to breakeven—the whale never chose to close it. The whale went long on HYPE before its October 23 listing on Robinhood last year. The entry price was quickly exceeded by subsequent d

On February 24th, monitoring from HyperInsight (via Telegram @HyperInsight) indicates that the 25x Ethereum long position held by “Big Brother Whale” Li Cheng Huang has been liquidated again. Currently, the address has just $24,900 in remaining assets and zero open contract positions. The total loss associated with this address is approximately $29 million.