BREAKING: $435 million has been liquidated from the cryptocurrency market in the past 12 hours.

On February 26th, Alexander Pack—Dragonfly co-founder (and now a Hack VC co-founder)—publicly accused Dragonfly Managing Partner Haseeb Qureshi of attempting to “rewrite history.” Pack claimed he and his partners founded Dragonfly more than a year before Qureshi joined, and that they led investments in high-profile crypto projects (including Bybit, Amber Group, and Crusoe) while Qureshi was still active in the poker entertainment industry. Qureshi strongly denied the allegations. He stated Dragonfly never led any transactions before his arrival, accusing Pack of mixing up “participating in investments” and “leading investments.” Qureshi added the fund had not yet been fully raised at the time—his team was still fundraising from limited partners (LPs)—and noted that when related media reports (including Forbes announcements) were published, the fund was not fully operational. The public feud quickly caught the crypto investment community’s attention. Controversy centers on Drag

On February 26, JPMorgan Chase announced it has raised its price target for NVIDIA (NVDA.O) to $265 from $250, per market sources.

On February 26, LookOnChain monitoring data shows an anonymous trader used a new wallet to place a $50,700 bet that Zachxbt would accuse Axiom of insider trading—at a time when the event’s probability stood at just 15.1%. The move sparked market speculation the trader may have inside information. Many traders followed suit, pushing the probability of Axiom facing charges above that of Meteora. The trader has since closed the position and exited, netting $39,000 in a single day.

Feb 26 (Market Brief) — Per market sources, Morgan Stanley has raised its price target for Nvidia (NVDA.O) to $260 from $250, while Royal Bank of Canada has lifted the chipmaker’s target to $250 from $240.

On February 26, Binance announced the launch of six official WhatsApp channels—a key step to drive cryptocurrency adoption. Users can opt to join the following verified channels: - **Binance Chinese Channel**: For Chinese speakers outside mainland China (content in Chinese) - **Binance Africa Channel**: For African users (communication in English and French) - **Binance Arabic Channel**: For Middle East and North Africa (MENA) users (communication in Arabic) - **Binance Argentina Channel**: For Argentine users (communication in Spanish) - **Binance Brazil Channel**: For Brazilian users (communication in Portuguese) - **Binance Latin America Channel**: For broader Latin American audiences (communication in Spanish) These WhatsApp-verified channels support one-way communication only and are Binance’s exclusive channels for WhatsApp in Africa, MENA, Latin America, and the Chinese-speaking community outside mainland China. Subscribers will receive tailored Binance news and

On February 26th, India’s market regulator permitted actively managed equity funds—with a combined $384 billion in assets under management (AUM)—to increase their investments in gold and silver. (Golden Ten)