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Cipher Mining has rebranded to Cipher Digital and transitioned from Bitcoin mining to high-performance computing data centers

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On February 24, CoinDesk reported that Cipher Digital (ticker: CIFR) released its fourth-quarter earnings report, which missed Wall Street estimates and disclosed its transition away from Bitcoin (BTC) mining toward high-performance computing (HPC) data center operations. Formerly known as Cipher Mining, the company posted $60 million in revenue for Q4 2025—falling short of analysts’ consensus expectation of $84.4 million. Adjusted earnings per share (EPS) came in at a loss of $0.14, wider than the projected $0.06 loss. The quarter also saw an adjusted net loss of $55 million.
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Arbitrum Foundation Launches Mentorship Program, Offering Resources, Funding, and Strategic Support

On February 24, official sources confirm the Arbitrum Foundation has announced increased support for top application teams building on Arbitrum’s chains—including Arbitrum One and the Robinhood Chain. The foundation today launched applications for its mentorship program, a highly selective initiative supporting up to 15 teams. The application deadline is April 7, 2026, with the program set to kick off on April 13, 2026. Selected teams will receive hands-on guidance on product launches, development, and growth strategies, plus direct ecosystem distribution support and connections to curated investors. The program aims to turn standout developer teams into groundbreaking success stories on Arbitrum.

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Kraken to Launch 24/7 Tokenized Stock Perpetual Contract Trading

February 24 (CoinDesk) — Kraken has announced it will launch what it’s calling the first regulated tokenized stock perpetual futures contract. Targeting eligible non-U.S. users in over 110 countries, the product will track digital versions of major U.S. stocks, indices and a gold ETF. It builds on Kraken’s December acquisition of the xStocks tokenized stock service.

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Meta is planning to re-enter the stablecoin market by the end of 2026.

Feb 24 (CoinDesk) — Meta (formerly Facebook) plans to re-enter the stablecoin market by late 2026, following the failure of its Diem stablecoin project.

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BofA Survey: AI Bubble Emerges as Top Concern for Credit Investors

February 24 — A Bank of America investigation has found the “AI Bubble” has become credit investors’ top concern for the first time. In the survey, 23% of investment-grade respondents named AI overvaluation their primary risk — up from 9% in December 2023 — and it now outranks traditional credit and trade-related worries. While the risk of AI-driven corporate obsolescence remains low (10%), investors have raised their forecast for bond issuances by large cloud computing firms to $285 billion in 2026. Fund inflows are expected to offset potential bond weakness, even amid AI-related market risks. Note: Credit investors are individuals or institutions specializing in debt instruments, primarily earning interest income from purchasing bonds, loans, or other fixed-income securities.

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Federal Reserve Governor Quarles: AI Investment Craze Could Boost Neutral Rate in Near Term

On February 24th, Federal Reserve Governor Powell noted that the Fed may not be able to ease AI-driven job losses without risking inflation. The surge in AI investment could temporarily push up the neutral interest rate. (FX168)

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Binance Alpha has launched the Ondo Tokenized Security

February 24 — Official sources confirm Binance Alpha has launched tokenized securities from Ondo, with a minimum 0% fee. The first batch includes 10 tokenized securities, purchasable directly using trading platform funds. Users can earn Binance Alpha Points by trading or holding these assets.

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