「$10M Profit Whale」 Suspected of Accumulating 6000 ETH in a Transaction, with an Average Price of $1582

On February 27th, Block Inc.—founded by billionaire Jack Dorsey—disclosed that it added 340 more Bitcoins to its holdings in the fourth quarter of 2026. The assets were valued at roughly $22 million based on their market value at the time of disclosure. The company noted these BTC have been added to its balance sheet as part of its corporate treasury asset allocation. This move extends Block’s strategy of integrating Bitcoin into its long-term reserve assets.

Binance Wallet announced on February 27 that the Bitway token (BTW) will officially begin trading on March 2, 2026, at 08:00 UTC. Users who participated in the Bitway Pre-TGE can trade BTW on the Binance Alpha platform. Users who won rewards in the first phase of the Booster Campaign can claim their tokens and start trading within 8 hours of the token’s launch.

**ZKSync Lite to Sunset May 4, 2026** On Feb 27, Ethereum Layer 2 project ZKSync announced ZKSync Lite (formerly ZKSync 1.0) will officially sunset on May 4, 2026. At that time, the network will stop producing blocks and permanently freeze its final state to ensure user balances cannot be altered post-shutdown. The team noted this is part of an “orderly, planned exit strategy” and will not impact ZKSync Era or other chains built on the ZK Stack. After Lite’s shutdown, the team will maintain at least one year of read-only APIs to support historical data queries. Users are advised to proactively withdraw assets before the deadline for convenience, though unwithdrawn funds can still be claimed later. Current data shows ~$33.9 million in assets bridged to ZKSync Lite, including: - ~$24.9 million in stablecoins - ~$8.4 million in ETH and its derivatives - ~$313,000 in BTC and its derivatives - ~$231,000 in other assets Launched in June 2020 as Ethereum’s first zero-knowl

February 27: Bitcoin (BTC) hit resistance at the $70,000 psychological level and is currently trading around $67,000. Technically, BTC faces three key weekly resistance levels: the 200-week EMA (≈$68,330), its 2021 all-time high of $69,000, and the $70,000 mark—limiting short-term rebound potential. Since February, BTC has fallen ~14% cumulatively, marking its fifth straight monthly decline—the first such streak since late 2018’s bear market. Analysts note a valid weekly close above the 200-week EMA could reignite bullish momentum, potentially testing the $80,000 area. Another view holds that breaking $74,500 (the cost range for 18-24 month holders) would signal a key bear market end. Historical data shows BTC posted five consecutive gains and surged over 300% after a 2018-2019 five-month losing streak. If the cycle repeats, the potential reversal window may open in April.

February 27th — Forbes reports that stablecoin issuer Tether’s recent secondary market valuation ranges from $350 billion to $375 billion, a figure that could drive a significant jump in the wealth of its core shareholders. Forbes currently values Tether at approximately $200 billion (based on market interviews)—down from over $500 billion a year ago. At this valuation: - CFO Giancarlo Devasini (holding ~44–45% of the company) has a net worth of roughly $89 billion. - CEO Paolo Ardoino and former CEO Jean-Louis van der Velde (each with ~19% stakes) are valued at ~$38 billion apiece. - Chief Legal Officer Stuart Hoegner (with ~12% ownership) has a net worth of ~$25 billion. If calculated at a $350 billion valuation, Devasini’s stake would exceed $156 billion—surpassing Warren Buffett’s current net worth of ~$147.8 billion. Key operational metrics from Tether: - Unaudited annual profit last year: ~$10 billion. - USDT market capitalization: ~$184 billion. - Over 80% o

On February 27, Judge Andrew Carter Jr. of the U.S. District Court for the Southern District of New York ruled that Binance lacks authority to compel U.S. users into arbitration over losses from crypto purchases on its global platform before February 20, 2019—and that the related class action will proceed publicly in federal court. The judge found Binance unilaterally updated its Terms of Use in 2019 to add an arbitration clause without providing adequate individual notice to users. Since the 2017 version of the terms included no arbitration or class action waiver provisions, the 2019 amendments cannot apply retroactively to claims arising before that date. Additionally, the court determined the so-called “U.S. class action waiver” in the 2019 terms did not explicitly outline specific terms and is unenforceable in federal court. The case—Williams v. Binance—was filed by five U.S. investors from California, Nevada, and Texas, alleging Binance and founder Changpeng Zhao (CZ) ill