Morgan Stanley Increases Bitmine Stake Exposure Last Quarter

February 19th — Crypto reporter Eleanor Terrett has named participants in the third meeting on stablecoin yield issues, including Coinbase Chief Legal Officer Paul Grewal, Ripple Labs Chief Legal Officer Stuart Alderoty, a16z Crypto Policy Lead Miles Jennings, and representatives from other banks. Earlier reports confirmed the meeting is scheduled for today at 9:00 a.m. ET (10:00 p.m. Beijing time tonight) at the White House, with a small group of crypto and banking industry representatives in attendance.

February 19 — A federal lawsuit filed by Polymarket in Massachusetts could decide whether U.S. prediction markets fall under federal or state regulatory jurisdiction. Polymarket claims Congress granted the U.S. Commodity Futures Trading Commission (CFTC) exclusive power to regulate "event contracts" — prediction markets for sports, politics and more — meaning states lack authority to ban or regulate the platforms independently. The suit aims to block potential enforcement by Massachusetts Attorney General Andrea Campbell; a state court previously issued a preliminary injunction against Polymarket rival Kalshi, ruling its sports-related contracts were unlicensed sports betting. U.S. federal-state regulatory tensions over prediction markets are escalating. Platforms argue they’re part of the CFTC-regulated derivatives market, allowing nationwide operation. But states including Massachusetts and Nevada view them as a "sports betting loophole" to skirt state gambling laws, sparking m

On February 19, data from Coinglass shows total 24-hour liquidations across the network hit $190 million, with long position liquidations totaling $145 million and short position liquidations $44.9 million.

On February 19, Decrypt reported that Coinbase CEO Brian Armstrong stated quantum computing will not break blockchains. Coinbase has been proactive in this space, establishing a Quantum Advisory Board and regularly engaging with major blockchain development teams to discuss paths toward upgrading to post-quantum cryptography. We will continue monitoring this issue, and I believe it is entirely solvable.

Feb 19 — Robinhood CEO Vlad Tenev took to social media to announce: “The Robinhood Chain testnet processed 4 million transactions in its first week, and developers have started building on our Layer 2 (L2) network.” Robinhood Chain is a financial-grade Ethereum Layer 2 network built on Arbitrum, designed to support real-world assets.

On February 19, per Onchain Lens monitoring, BlackRock has just deposited 1270 BTC (≈$84.92 million) and 15,409 ETH (≈$30.22 million) to Coinbase, with potential for additional deposits.