World Liberty Defeats Coordinated Attack On USD1 Stablecoin

World Liberty Financial reported that its USD1 stablecoin and WLFI token faced a multi-vector disruption aimed at undermining the protocol’s liquidity. This incident caused the stablecoin to briefly trade at 0.98 USDT on the Binance exchange.

The price deviation occurred at 8:15 am ET on 23 February 2026 across major trading platforms before parity was restored within minutes. This volatility emerged as the Trump family’s crypto venture reached a 4.93 billion dollar capitalization.

Management identified this specific event as a coordinated maneuver involving hacked executive social media accounts and deceptive disinformation campaigns. Consequently, the firm asserted that its mint-and-redeem architecture successfully withstood the pressure without suffering any permanent capital loss.

Attackers utilized compromised accounts to spread negative sentiment while simultaneously opening massive short positions against the native WLFI governance token. However, security teams neutralized the intrusion and the assets stabilized quickly despite the 7% initial drop.

AI Agent Sends Quarter Million Dollars To Stranger

An automated crypto trading bot named Lobstar Wilde accidentally sent its entire meme coin stash to a random user on X this Sunday. The bot intended to send roughly $4 but instead transferred 5% of the total token supply due to an API error. This mistake resulted in a windfall of $250,000 for a recipient who claimed he needed funds for medical treatment.

The lucky recipient quickly liquidated the 53 million tokens for a profit of approximately $40,000 within fifteen minutes of the transfer. Onchain data indicates the trader faced significant liquidity issues which prevented him from capturing the full value of the accidental gift. Those same tokens have since skyrocketed in price and would currently be worth more than $420,000.

Vitalik Buterin Offloads Six Million Dollars In Ethereum

Ethereum founder Vitalik Buterin sold more than 3,100 ETH worth approximately $6.1 million over the last few days via CoW Swap. These routine transactions are part of a broader plan to help fund the Ethereum Foundation during a period of mild austerity. This selling spree brings his remaining on-chain holdings to 224,000 ETH which is currently valued at roughly $426 million.

The timing of these sales coincides with a broader market pullback that has pushed Ethereum prices down by 4% recently. ETH fell below the $1,900 threshold on Sunday evening marking a significant decline from its all-time high of $4,946. Many speculators on prediction markets now anticipate further pain as the asset struggles to find support amid increasing sell-side pressure.

CryptoCom Receives Federal Approval For National Bank

CryptoCom secured conditional approval from the US Office of the Comptroller of the Currency to establish a national trust bank. This new charter allows the exchange to consolidate its institutional custody and trade settlement services under a single federal framework. The planned entity will focus on trust services and digital asset staking rather than accepting traditional consumer deposits.

This regulatory milestone helps the firm attract large asset managers and ETF issuers who prioritize custodians with federal oversight. By moving away from a state-by-state licensing model, the company can streamline its compliance operations across the entire United States. Several other major firms including Circle and Ripple recently received similar initial approvals to form national trust banks.

Data of the Day

Corporate Bitcoin treasury companies logged a rare three-week selling streak as Bitcoin prices struggled to maintain the $66,000 level. Analysts noted that this unprecedented shift among public companies could push the market toward new local lows. While the largest holders remain steady, smaller firms like Cango Inc. reduced their exposure by over 54% this month.

Macro uncertainty regarding new trade tariffs and persistent Bitcoin ETF outflows have contributed to this sudden risk-off posture among corporate investors. Sovereign wealth funds and large entities like Strategy continue to accumulate BTC despite the current weakness in retail demand. This period of consolidation might eventually help reset the market structure by clearing out speculative and highly leveraged positions.

More Breaking News

• Gemini co-founder Tyler Winklevoss expressed bullish sentiment despite the exchange slashing staff, exiting major global markets, and onchain data showing Bitcoin sales.
• Strategy completed its 100th Bitcoin purchase, adding 591 BTC for $40 million while its total holdings face a $6.8 billion unrealized loss.
• Backpack is offering users a 20% equity stake in the company, allowing those who stake its token for one year to exchange.
• Australian police charged a Sydney man over an alleged $3.5 million crypto investment scam that targeted more than 190 elderly and vulnerable victims.
• Revolut confirmed a former employee attempted to extort a crypto trader by threatening to leak personal KYC data and contacting the victim's family.
• BitMine Immersion purchased 51,162 Ether for $98 million last week, as the firm’s total unrealized losses on the asset now exceed $8 billion.
• Austria’s financial regulator prohibited KuCoin EU from onboarding new customers, citing organizational governance gaps in AML and financial sanctions compliance oversight.

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