In partnership with
Happy Friday!
Bitcoin slipped below $66,000 as mounting macro risks sparked a broader risk-off move across markets. Meanwhile, Magic Eden is ending support for EVM-compatible and Bitcoin-based assets as it narrows its focus to Solana, Meta signed a multi-billion-dollar deal to rent Google AI chips, and OpenAI raised $110 billion in a new funding round to accelerate its global AI infrastructure expansion.
Let’s unpack this and more! 👇
When it all clicks.
Why does business news feel like it’s written for people who already get it?
Morning Brew changes that.
It’s a free newsletter that breaks down what’s going on in business, finance, and tech — clearly, quickly, and with enough personality to keep things interesting. The result? You don’t just skim headlines. You actually understand what’s going on.
Try it yourself and join over 4 million professionals reading daily.
News Roundup
Artificial Intelligence
Google Drops Nano Banana 2 as Faster, Smarter Image Model (Decrypt)
Anthropic Rejects Pentagon’s AI Terms, Risking Up to $200M Contract (Bloomberg)
Meta’s AI Overwhelms Child Abuse Investigators With ‘Junk’ Tips (Decrypt)
Meta Signs Multi-Billion-Dollar Deal to Rent Google AI Chips (Reuters)
OpenAI Raises $110B at $730B Valuation to Scale Global AI Infrastructure (OpenAI)
Jobs Most and Least Impacted By AI, $4.5 Trillion in Labor Costs at Stake (Forbes)
Pantera Capital and Franklin Templeton Join Sentient Arena to Test AI Agents (Cointelegraph)
Decentralized, Centralized, & Traditional Finance
Solana Unveils Solana Payments for Builders (Solana)
SBI Holdings and Startale Group Unveil Trust Bank-Backed Yen Stablecoin (The Block)
MoonPay, M0 and PayPal Launch PYUSDx for App-Specific Stablecoins (PR Newswire)
Barclays Explores Blockchain Settlement Tools as Stablecoin Market Expands (The Block)
Grant Cardone Plans to Tokenize His $5B Real Estate Portfolio (CoinDesk)
Figure Technology Shares Drop 20% After Earnings Miss (Cointelegraph)
Exchanges
New York Judge Blocked Binance From Forcing Pre-2019 Claims Into Arbitration (Cointelegraph)
Exchange-Traded Funds
On Feb. 26, U.S. Bitcoin spot ETFs recorded $254.46 million in net inflows.
U.S. Ethereum spot ETFs posted $6.57 million in net inflows on Feb. 26.
On Feb. 26, U.S. XRP spot ETFs saw $1.22 million in net inflows.
U.S. Solana spot ETFs logged $0.508 million in net inflows on Feb. 26.
Infrastructure
Changes in 2026 Regarding Innovation Support on the XRP Ledger (Ripple)
XRPL Foundation Patches Critical Flaw Before Mainnet Activation (Cointelegraph)
ZKsync to Shut Down Lite Network as Focus Shifts to Era (The Block)
Bitget Wallet Launches AI-Powered ‘Skill’ With OpenClaw (Bitget Wallet)
Vitalik Buterin Details Ethereum’s Scaling Roadmap (Vitalik Buterin)
Markets
High-Yield Bond Boom Signals Risk Appetite in AI and Bitcoin Mining (Cointelegraph)
Magic Eden Ends Bitcoin and Ethereum Support, Refocuses on Solana (Decrypt)
Jane Street Lawsuit Fuels Late Surge in Terra Luna Classic (Decrypt)
U.S. PPI for January 2026 rose 0.5% MoM, Exp. 0.3%, Prev. 0.4% (BLS)
U.S. PPI increased 2.9% YoY, Prev. 3.0% (BLS)
U.S. Core PPI for January 2026 rose 0.3% MoM, Exp. 0.4%, Prev. 0.3% (BLS)
U.S. Core PPI rose 3.4% YoY, Prev. 3.5% (BLS)
Lightning Network Transaction Volume Surges as Settlement Use Grows (DL News)
Australian Crypto Executives See User Growth Despite Regulatory Friction (Cointelegraph)
Bitcoin Slides Below $66K as Macro Risks Trigger Risk-Off Move (CoinDesk)
Mining
Politics & Regulation
U.S. Lawmakers Revisit Stablecoin Yields Over Deposit Flight Concerns (The Block)
New DeFi Bill Seeks to Shield Crypto Developers From Prosecution (Decrypt)
Sen. Warren Clashes With OCC Chief Over Trump-Linked Crypto Bank Bid (Decrypt)
Minnesota Lawmakers Move to Ban Crypto Kiosks After Elder Fraud Surge (The Block)
UK Gambling Commission Explores Allowing Crypto for Bets (Bloomberg)
U.S. Strike Force Seizes $580M in Crypto Linked to Chinese Scam Networks (The Block)
U.S. Senate Democrats Call for Binance Sanctions Probe (The Block)
UK Think Tank Warns Against Banning Crypto Privacy Tools (Decrypt)
Other News
Block Cuts 40% of Workforce as Jack Dorsey Pushes AI-First Strategy (The Block)
$4.8M in Tokens Returned After South Korea Exposes Wallet Seed Phrases (Decrypt)
Polymarket User Nets $400K on ZachXBT Insider Trading Reveal (Cointelegraph)
Trump Media Considers Truth Social Spinoff Amid Crypto Push (Decrypt)
Check This Out!
ETF exposure to alternative Layer-1s is climbing, with XRP and SOL funds now holding more than 1% of their respective supplies. Meanwhile, BTC and ETH ETF holdings have eased to 6.18% and 4.48%, respectively.
Source: CryptoRank
Meme of the Day
Source: Bold Leonidas
Rate Today’s Edition
Share this newsletter, claim your reward! 🎁
Participate in the On & Off Chain referral program by sharing the newsletter with your friends to claim your reward:
✌️2 referrals: A personal shoutout in On & Off Chain
Must be subscribed
