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An analyst has pointed out where Solana support levels could lie based on a Parallel Channel forming in the asset’s weekly price chart. Solana Parallel Channel Could Indicate Support At These Levels In a new post on X, analyst Ali Martinez has discussed how support is looking for Solana from the perspective of a Parallel Channel that may be emerging in its 7-day price. The “Parallel Channel” is a pattern from technical analysis (TA) that forms whenever an asset trades between two parallel trendlines. There are a few different ways a Parallel Channel can be categorized based on the orientation…

Dorsey said AI-driven efficiency demands smaller teams, triggering one of the largest layoffs in Block’s history. Jack Dorsey announced that Block is reducing its workforce by nearly half, cutting more than 4,000 employees and bringing total headcount from over 10,000 to just under 6,000. In a note shared publicly on X, Dorsey described the move as “one of the hardest decisions in the history” of the company and said all employees would be notified the same day whether they are being asked to leave, entering consultation, or staying. Massive Layoffs at Block He stated that affected employees will receive 20…

In brief Barclays has requested information from technology providers regarding a potential push into blockchain, according to Bloomberg. The banking giant is said to be considering tokenized deposits and stablecoin payments. Earlier this year, the firm made an investment in stablecoin settlement firm, Ubyx. Publicly traded banking institution Barclays (BCS) is reportedly gathering information for a potential push into blockchain, according to a Friday report from Bloomberg. Sources familiar with the matter said the firm has requested information from “technology suppliers” while it considers a path forward. Its utilization of blockchain may include tokenized deposits and stablecoins, the report said.The U.K.-based…

In brief Trump ordered federal agencies to “immediately cease” using Anthropic’s AI technology. The order follows a dispute between Anthropic and the Pentagon over the use of Claude for unrestricted military use. Trump has given agencies six months to phase out Anthropic systems. President Donald Trump has directed all U.S. federal agencies to stop using artificial intelligence technology developed by Anthropic, escalating a dispute between the AI company and the Pentagon over how the military uses the technology.In a Truth Social post on Friday, Trump said agencies must “immediately cease” using Anthropic products, with a six-month phase-out period for departments…

Mark Karpelès, the former CEO of Mt. Gox, is calling on community support for a proposal to recover more than $5.2 billion stolen from his Bitcoin exchange more than a decade ago.On Friday, Karpelès submitted a proposal on GitHub to add a consensus rule that would allow the 79,956 Bitcoin hacked from Mt. Gox (currently sitting in a single wallet) to be moved to a recovery address without the original private key. “These coins have not moved in over 15 years. They are among the most well-known and publicly tracked UTXOs in Bitcoin’s history,” he wrote.  Source: Jameson LoppKarpelès said that…

Dubai, UAE, February 27th, 2026, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today revealed the comprehensive results of its 2025 Security Initiative. Bybit has implemented an industry-leading, multi-layered defense architecture that has successfully protected thousands of users and set a new benchmark for proactive security in the digital asset space. In 2025, $17 billion in cryptocurrency was lost to scams and frauds, according to a report by Chainalysis. Redefining Industry Standards: The Triple-Tier withdrawal Fraudulent Defense Framework To move beyond reacting to scams after the damage is done, Bybit has pioneered a Dynamic Risk-Based protection system that…

[PRESS RELEASE – San Francisco, CA, USA, February 26th, 2026] PACT, the leading on-chain credit and payments infrastructure protocol and #1 RWA protocol on Aptos, today announced that its native token, $PACT, is now supported on the world’s most trusted cryptocurrency exchanges, including Kraken, MEXC, and Gate. PACT Expands Access as It Builds the Future of On-Chain Finance PACT enables end-to-end, fully programmable credit infrastructure, supporting origination, servicing, repayments, covenants, waterfalls, and stablecoin settlement entirely on-chain. Unlike traditional RWA protocols that wrap off-chain credit in tokens, PACT embeds the credit system itself into blockchain rails. Today, PACT technology is used…

Another week has ended, and it is also the end of the month, which means a bigger batch of Bitcoin and Ether options contracts are expiring while spot markets cool off again. Around 115,500 Bitcoin options contracts will expire on Friday, Feb. 27, with a notional value of roughly $7.8 billion. This event is much larger than usual because it is the end of the month, so there could be a little volatility on spot markets. Crypto markets have seen a little daylight with a mid-week lift, but total capitalization has remained the same as gains are starting to erode…

Wikipedia co-founder Jimmy Wales has delivered a stark forecast for Bitcoin, saying the pioneer crypto will likely survive as a network but is far from succeeding as money or a store of value.The remark aligns with sentiment from multiple analysts, who highlight Bitcoin’s failure to hold as a hedge against currency debasement.Wikipedia Co-Founder Is Confident About Bitcoin — But His 2050 Price Prediction Will Shock YouWales warned that Bitcoin could decline to “hobbyist levels,” potentially falling below $10,000 in today’s dollars by 2050. “People who think that Bitcoin is going to zero are likely mistaken,” Wales said. “The design is…

In brief Warren pressed OCC Comptroller Jonathan Gould to share the unredacted charter application for World Liberty Financial, citing foreign ownership and national security risks. Gould refused to delay or deny the application, saying he would process it “as we process all applications.” Warren warned Gould that approving the charter would take him “from being a cheerleader for President Trump to an accomplice in his corruption.” The nation’s top bank regulator refused Thursday to delay or deny a bank charter application from a President Trump-affiliated crypto company, even as an outspoken senator told him approving it would make him “an…