Nvidia Stock Price Drops in After-Hours Trading After Earlier 4% Gain

On February 26, Zen—head of Solana’s Meteora team and @realdezen on X—said his team has prioritized insider trading risks and implemented concrete safeguards since taking the reins in March 2023. Meteora, a permissionless platform, has focused over the past year on bolstering infrastructure robustness and reliability to enable project deployments without team oversight, Zen noted. As a result, the team only became aware of some projects after their launch or integration. In associated prediction markets, Meteora once ranked among the most speculated assets.

February 26: Coinglass data shows total network-wide position liquidations hit $698 million yesterday, with short positions accounting for $588.6 million (note: the original text likely contains a typo, as $5.886 billion would far exceed total liquidations). Notably, this marks the first time in over a month and a half that short liquidation value has outpaced long positions—last seen on January 13.

**WLFI Proposes Governance Staking System to Boost Participation** On February 26, WLFI rolled out a governance staking system aimed at getting more users involved in governance. Under the proposal, future governance voting with unlocked WLFI tokens will require staking—with a minimum 180-day lock-up period. The system features a tiered node structure: - Regular stakers will earn roughly a 2% annualized reward. - Users staking 10 million WLFI (about $1 million) will qualify as nodes, gaining the perk of exchanging stablecoins like USDT and USDC at a 1:1 rate for USD 1. - Those staking 50 million WLFI (about $5 million) will become super nodes, with direct collaboration opportunities with the WLFI team. The proposal needs at least 1 billion WLFI in votes to be valid, and voting will last 7 days. If approved, implementation will happen in three phases.

February 26 — Binance has officially launched five new verified WhatsApp channels, per an official announcement. The channels cover Mandarin Chinese, Africa, Arabic, Argentina, and Brazil, and support only one-way communication. They are Binance’s sole official channels for engaging with users on WhatsApp across Africa, the Middle East and North Africa (MENA), Latin America, and non-mainland Chinese-speaking communities.

February 26: Hut 8 released its full-year 2025 financial results, reporting a net loss of $248 million—compared to a net profit of $331.4 million in the same period of 2024. The company cited unrealized digital asset losses of approximately $220 million as the primary driver of its performance pressure. Revenue for the period rose to $2.351 billion, up from $1.624 billion in 2024. Hut 8 also highlighted its transition from a Bitcoin mining firm to a power and AI infrastructure developer. In 2025, it inked a 15-year AI leasing agreement with Google-backed financing, with a base contract value of roughly $7 billion. The company expects its development pipeline to reach 8.5 gigawatts by the end of 2025. (Source: The Block)