Bitmine Ethereum Staking Unrealized Loss Widens to $5.92 Billion, Reaching an All-Time High

February 26 – The cryptocurrency market notched one of its strongest single-day rebounds in recent times, with Bitcoin, Ethereum, and Solana all climbing. The rally pushed the total crypto market capitalization up by roughly $170 billion to nearly $2.5 trillion. Per HTX market data, Bitcoin rose toward $70,000, Ethereum gained over 13%, and Solana jumped more than 15%. This rebound marks the end of the extended pullback that began after last October’s peak. Market analysts link the uptick to the recent insider trading lawsuit against Jane Street, a major crypto market maker. Some crypto commentators noted that over the past few months, there was a pattern of apparent concentrated Bitcoin sell-offs around 10 a.m. ET—trading that abruptly ceased following the lawsuit’s announcement. No public evidence confirms Jane Street conducted systematic Bitcoin sell-offs at that fixed time. Still, the market broadly views expectations of diminished potential selling pressure as having lift

**Blockfills CEO Nicholas Hammer Resigns; Joseph Perry Named Interim Leader** Chicago-based crypto lending firm Blockfills announced Tuesday (Feb. 26) that co-founder and CEO Nicholas Hammer has stepped down from his leadership role, with Joseph Perry assuming the interim CEO position, per company disclosures. The management shakeup comes as Blockfills grapples with operational pressure: The firm previously reported a roughly $75 million loss amid deteriorating market conditions, and paused customer deposit and withdrawal services on Feb. 11—those services remain suspended. Per sources familiar with the matter, Blockfills advised some customers to withdraw funds prior to formally freezing deposits and withdrawals. In a statement, the company noted customers may still conduct spot and derivatives trade opening and closing under specific circumstances, while it collaborates with investors and clients to restore platform liquidity. Blockfills recorded over $60 billion in tradi

February 26 – Per Coinbob Popular Address Monitor, a DeFi whale (address: pension-usdt.eth) closed out its entire ~$68.6 million BTC long position in the past 30 minutes, locking in ~$590k in profits. The position was opened three days prior at an average entry price of ~$67,900. BTC prices dipped temporarily post-opening, leaving the address with floating losses that peaked at over $3 million. As BTC surged sharply in the short term, the position turned profitable, prompting the whale to quickly close and lock in gains. This whale’s strategy typically involves low leverage, short holding cycles (average ~30 hours), and heavy trading of BTC and ETH. Cumulative profits since last October have exceeded $24 million.

February 26th: Stripe co-founder and president John Collison said in a recent interview that data shows absolutely no signs of a slowdown in software industry growth—despite the doom-and-gloom chatter surrounding SaaS (Software as a Service). In fact, growth across the board remains robust. This isn’t actually at odds with the pessimistic take: Folks’ long-term expectations for 2030 or 2035 could have shifted—but that shift hasn’t shown up in recent data yet. Right now, the market feels a bit too jittery. No doubt, the marginal cost of building software is falling sharply—and that’s a widely agreed-upon fundamental. But at the same time, the market’s reaction right now does feel a bit volatile.

February 26: In a recent interview, OpenClaw founder Peter Steinberger noted that while OpenClaw offers the most comprehensive privacy solution, security is a separate concern. Currently, all user data is stored locally—no content is uploaded to the cloud—giving users full control over access rights and memory data to safeguard privacy. However, the security risk isn’t about breaches, but loss of control. Peter explained that an AI Agent’s security largely depends on the underlying model’s capabilities. While prompt injection attacks on large models aren’t impossible, they’re not as easy as some believe. OpenClaw has now hired dedicated security experts, with its current core focus being helping users operate as securely as possible in new scenarios. OpenClaw’s security issues still draw concern. February data shows 341 malicious plugins in its skill market, a 11.3% contamination rate that poses a serious supply chain risk. That said, under the premise of “using the latest mod

On February 26, AI search platform Perplexity AI launched its new flagship product, Perplexity Computer—an AI capability orchestration platform. The tool supports end-to-end research, design, coding, deployment, and management for any project. It can simultaneously schedule up to 19 distinct AI models, with the system intelligently routing each subtask to the optimal model for parallel execution.