Day: February 12, 2026

Cango offloads $305M in Bitcoin to fast-track AI infrastructure shift

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Cango sells $305M in Bitcoin to reduce loan risk and accelerate its pivot into AI infrastructure while keeping its mining business running. Summary Cango sold 4,451 BTC for $305M to repay a Bitcoin-backed loan and cut leverage.​ Funds will support AI compute expansion as mining margins tighten and rivals rebrand.​ The firm keeps mining, holds 7,400+ BTC, and hired a new CTO from enterprise software. Publicly traded Bitcoin miner Cango Inc. sold 4,451 Bitcoin over the weekend, using the proceeds to repay a Bitcoin-backed loan and support its expansion into…

Bitcoin Developers Push BIP-360 to Counter Quantum Computing Threats

For Bitcoin, the march toward becoming a global reserve asset has faced one persistent existential question: what happens when quantum computers become powerful enough to crack its cryptography? A new proposal for Bitcoin, BIP-360, aims to answer this, potentially clearing the final hurdle for institutional adoption. BIP 360: Pay to Merkle Root was published pic.twitter.com/GXkmTHnDoL — Murch (@murchandamus) February 11, 2026 The primary motivation behind these upgrades is the theoretical threat posed by quantum computers running Shor’s algorithm, which could eventually crack the Elliptic Curve Digital Signature Algorithm (ECDSA) currently used…

Bitcoin on-chain loss metrics reach Luna crash levels

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Bitcoin’s on-chain loss metrics hit levels comparable to 2022’s Luna collapse, though at higher price points, signaling late-cycle capitulation rather than systemic crash. Summary Bitcoin’s Net Realized Profit/Loss metric entered deeply negative territory on Feb. 7, marking the second deepest level in history after June 2022’s Luna/UST collapse The 7-day moving average of realized losses reached one of the highest smoothed levels on record, with Feb. 5 posting the second-largest single-day loss in Bitcoin’s history Unlike 2022’s losses at lower prices, current losses are crystallizing around $67,000, suggesting a flushing…

Binance wraps up $1B SAFU Bitcoin transition in 30 days

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Binance has completed the final stage of its $1 billion SAFU Fund conversion, fully transitioning the exchange’s emergency insurance reserve from stablecoins into Bitcoin. Summary Binance has completed the $1 billion conversion of its SAFU insurance fund from stablecoins into Bitcoin, bringing total holdings to 15,000 BTC. The final tranche purchase of 4,545 BTC closed the transition within 30 days, in line with Binance’s original timeline. The move marks a strategic shift toward Bitcoin as a long-term reserve asset, with the exchange citing transparency and user protection. In a post…

Lombard Launches Bitcoin Smart Accounts Linking Custody to DeFi

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Lombard unveils Bitcoin Smart Accounts to recognize custodied BTC as onchain collateral, enabling decentralized finance ( DeFi) access without moving custody. Lombard announces Bitcoin Smart Accounts, a rail that lets BTC held in qualified custody, multi‑party computation (MPC) or self‑custody be used as onchain collateral across whitelisted protocols like lending network Morpho, while legal title […] Original

UK Launches Blockchain Digital Bond Pilot With HSBC Orion

The United Kingdom’s government has appointed HSBC’s tokenization platform to power a pilot issuance of digital government bonds, known as “gilts,” marking the latest step in its push to modernize sovereign debt markets using blockchain technology. His Majesty’s Treasury has appointed HSBC Orion to facilitate the Digital Gilt Instrument (DIGIT) pilot issuance, according to a Thursday announcement. The Treasury published a DIGIT pilot update in July 2025, outlining plans to explore blockchain applications in UK sovereign debt issuance and to support the development of domestic tokenization infrastructure. “We want to…

Everyone’s Panicking — That’s the Opportunity

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin and crypto are in full crash mode. Prices are dumping, fear is extreme, banks are under pressure, and a new Fed chair is stepping in as unexpected data rattles markets. In this video, we break down the crypto bloodbath, show why Bitcoin and altcoins are at historically oversold levels, and analyze key charts signaling a potential bullish reversal. We cover capitulation, liquidity shifts, and why maximum fear often creates massive opportunity. If crypto feels hopeless right now, that feeling may be…

Gen Z Open to Crypto for Valentine’s Day Dates: Survey

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Gen Z Americans may be open to paying for dates with cryptocurrency, but most still aren’t putting digital coins where their hearts are, according to a January Pollfish survey commissioned by crypto exchange OKX.  The poll of 1,000 US adults found that 13% of Gen Z respondents said they have paid for a date using crypto, while many who haven’t said the main issue is practical: they don’t have a direct way to pay with crypto.  Interest extended beyond payments. 31% of Gen Z respondents said receiving crypto as a…

LayerZero Soars 40% Amid Zero L1 Debut, Institutional Backing

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ZRO, the native token of the omnichain interpretability protocol LayerZero, has skyrocketed more than 40% on the past day following the announcement of its new Layer-1 (L1) blockchain backed by major institutional players. Related Reading LayerZero Unveils Zero Blockchain On Tuesday, LayerZero Labs announced a new L1 blockchain, Zero, aimed at institutional financial markets. According to the announcement, it is set to launch in fall 2026, with three initial “zones,” described as permissionless environments fully owned and governed by the underlying network. Moreover, ZRO will serve as the network’s native…

Bitwise client invests $11M in Bitcoin during market correction dip

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Bitwise CEO reveals wealth management client invested $11M in Bitcoin during recent market correction, marking their first crypto purchase after two years. Summary Bitwise CEO Hunter Horsley disclosed that a wealth management client invested $11 million in Bitcoin during the recent cryptocurrency market correction The client had been in contact with the asset management firm for approximately two years without previously investing in cryptocurrencies Horsley noted that institutional and high-net-worth investors view the recent market decline as an investment opportunity rather than a risk Bitwise CEO Hunter Horsley disclosed that…