🫸 Bitcoin Community Rejects Code Rewrite Proposal
The crypto community quickly shut down a proposal by Mark Karpeles, the former CEO of Mt. Gox, to rewrite Bitcoin’s code in order to recover 79,956 BTC (worth over $5B at current prices). 💰
Karpeles suggested “moving” the coins to compensate creditors, but Bitcoin developers and even some Mt. Gox victims firmly opposed the idea.
The core argument was simple and uncompromising:
If the rules can be changed once for $5B, then the fundamental principle “your keys = your coins” stops being law.
⚖️ The reaction highlights Bitcoin’s core value — immutability over convenience, even at a massive financial cost.
The crypto community quickly shut down a proposal by Mark Karpeles, the former CEO of Mt. Gox, to rewrite Bitcoin’s code in order to recover 79,956 BTC (worth over $5B at current prices). 💰
Karpeles suggested “moving” the coins to compensate creditors, but Bitcoin developers and even some Mt. Gox victims firmly opposed the idea.
The core argument was simple and uncompromising:
If the rules can be changed once for $5B, then the fundamental principle “your keys = your coins” stops being law.
⚖️ The reaction highlights Bitcoin’s core value — immutability over convenience, even at a massive financial cost.
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😱 AI Enters the Battlefield: Anthropic Linked to U.S. Strikes on Iran
According to the The Wall Street Journal, the U.S. allegedly used AI from Anthropic during military operations against Iran — for intelligence gathering, target selection, and combat simulations. 🏹
This came as a shock, since Anthropic had previously refused cooperation with the U.S. Department of Defense, publicly distancing itself from military use of its models. 🤖
Following the reports, the Pentagon labeled Anthropic a “national security threat,” while Donald Trump urged all federal agencies to stop using Anthropic’s AI.
⚠️ Shortly after, Anthropic appeared to reverse course — suggesting that pressure from Washington may have forced compliance.
The episode highlights how quickly AI neutrality collapses when geopolitics and national security enter the equation. 🤔
According to the The Wall Street Journal, the U.S. allegedly used AI from Anthropic during military operations against Iran — for intelligence gathering, target selection, and combat simulations. 🏹
This came as a shock, since Anthropic had previously refused cooperation with the U.S. Department of Defense, publicly distancing itself from military use of its models. 🤖
Following the reports, the Pentagon labeled Anthropic a “national security threat,” while Donald Trump urged all federal agencies to stop using Anthropic’s AI.
⚠️ Shortly after, Anthropic appeared to reverse course — suggesting that pressure from Washington may have forced compliance.
The episode highlights how quickly AI neutrality collapses when geopolitics and national security enter the equation. 🤔
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😎 War or Not, Bitcoin Buying Stays on Schedule
While markets react to global turmoil, Strategy keeps sticking to its plan. 📝
The company has purchased 3,015 BTC at an average price of $67,700 per coin. Its total holdings now stand at 720,737 BTC, acquired for $54.77B at an average price of $75,985. 💰
🐋 Once again, Strategy shows zero hesitation — steady accumulation, regardless of headlines.
While markets react to global turmoil, Strategy keeps sticking to its plan. 📝
The company has purchased 3,015 BTC at an average price of $67,700 per coin. Its total holdings now stand at 720,737 BTC, acquired for $54.77B at an average price of $75,985. 💰
🐋 Once again, Strategy shows zero hesitation — steady accumulation, regardless of headlines.
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📈 Markets Rally as U.S. Trading Opens
Bitcoin jumped 6% after the opening of U.S. trading, as markets reacted positively to the first session following the escalation in the Middle East. 🚀
The rebound wasn’t limited to crypto. U.S. equities also opened strong, with S&P 500 and Nasdaq posting sharp gains, signaling a broad risk-on move across assets.
💡 Despite geopolitical tensions, investors appear willing to buy the dip — at least for now.
Bitcoin jumped 6% after the opening of U.S. trading, as markets reacted positively to the first session following the escalation in the Middle East. 🚀
The rebound wasn’t limited to crypto. U.S. equities also opened strong, with S&P 500 and Nasdaq posting sharp gains, signaling a broad risk-on move across assets.
💡 Despite geopolitical tensions, investors appear willing to buy the dip — at least for now.
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📉 Bitcoin Correction Still “Mild” by Historical Standards
🔎 According to CryptoQuant analyst Alex Adler, Bitcoin’s latest 47% correction looks relatively modest when compared to past cycles — where drawdowns exceeded 90%.
This observation supports the idea that Bitcoin market cycles are gradually smoothing out over time, with volatility decreasing as the asset matures.
Based on historical patterns, Adler suggests that a potential cycle bottom could form around 60–70% below the all-time high, rather than the extreme crashes seen in earlier years.
💡 In short: the current pullback may feel painful, but by Bitcoin’s own history, it’s far from catastrophic.
🔎 According to CryptoQuant analyst Alex Adler, Bitcoin’s latest 47% correction looks relatively modest when compared to past cycles — where drawdowns exceeded 90%.
This observation supports the idea that Bitcoin market cycles are gradually smoothing out over time, with volatility decreasing as the asset matures.
Based on historical patterns, Adler suggests that a potential cycle bottom could form around 60–70% below the all-time high, rather than the extreme crashes seen in earlier years.
💡 In short: the current pullback may feel painful, but by Bitcoin’s own history, it’s far from catastrophic.
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🦄 New York Court Dismisses Lawsuit Against Uniswap
🍏 A New York court has dismissed a class-action lawsuit against Uniswap, where plaintiffs tried to hold the platform responsible for scam tokens launched by third parties.
⚖️ The court ruled that the protocol itself is not liable for the quality, legitimacy, or intent of projects built on top of it. In other words, Uniswap provides infrastructure — not financial guarantees.
The case lasted four years, and the final decision is being seen as a major legal precedent for the crypto industry, reinforcing the idea that decentralized protocols are tools, not issuers.
👏 A win not just for Uniswap, but for DeFi as a whole.
🍏 A New York court has dismissed a class-action lawsuit against Uniswap, where plaintiffs tried to hold the platform responsible for scam tokens launched by third parties.
⚖️ The court ruled that the protocol itself is not liable for the quality, legitimacy, or intent of projects built on top of it. In other words, Uniswap provides infrastructure — not financial guarantees.
The case lasted four years, and the final decision is being seen as a major legal precedent for the crypto industry, reinforcing the idea that decentralized protocols are tools, not issuers.
👏 A win not just for Uniswap, but for DeFi as a whole.
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🇹🇷 Turkey Proposes 10% Crypto Income Tax
Turkey’s ruling party AKP has submitted a bill to parliament introducing a tax on crypto income in Turkey. 👀
Under the proposal, regulated platforms would withhold 10% of users’ crypto profits quarterly, regardless of whether the user is an individual or company, resident or non-resident. The President would have the authority to adjust the rate from 0% to 20%, depending on token type, holding period, and wallet category.
Additionally, service providers would face a 0.03% tax per transaction.
⚖️ If passed, the law would significantly tighten crypto taxation in Turkey and expand state control over digital asset income.
Turkey’s ruling party AKP has submitted a bill to parliament introducing a tax on crypto income in Turkey. 👀
Under the proposal, regulated platforms would withhold 10% of users’ crypto profits quarterly, regardless of whether the user is an individual or company, resident or non-resident. The President would have the authority to adjust the rate from 0% to 20%, depending on token type, holding period, and wallet category.
Additionally, service providers would face a 0.03% tax per transaction.
⚖️ If passed, the law would significantly tighten crypto taxation in Turkey and expand state control over digital asset income.
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🐃 CryptoQuant: Short-Term Bitcoin Holders Stay Calm
According to CryptoQuant, the escalation of the Middle East conflict has not triggered panic among short-term Bitcoin holders. 🧐
On February 5–6, this group sold around 89,000 BTC at a loss, but since then selling pressure has been steadily declining. 📉
Despite rising military tensions involving Iran, there was no major spike in BTC inflows to exchanges, which typically signals fear-driven capitulation.
📊 Markets tend to stabilize once weak hands finish selling — and on-chain data suggests that this phase may be almost over.
💡 Bottom line: headlines look scary, but short-term holders aren’t panicking — a potentially constructive sign for BTC.
According to CryptoQuant, the escalation of the Middle East conflict has not triggered panic among short-term Bitcoin holders. 🧐
On February 5–6, this group sold around 89,000 BTC at a loss, but since then selling pressure has been steadily declining. 📉
Despite rising military tensions involving Iran, there was no major spike in BTC inflows to exchanges, which typically signals fear-driven capitulation.
📊 Markets tend to stabilize once weak hands finish selling — and on-chain data suggests that this phase may be almost over.
💡 Bottom line: headlines look scary, but short-term holders aren’t panicking — a potentially constructive sign for BTC.
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🚓 Former LAPD Officer Convicted in $350K Bitcoin Kidnapping
⚖️ A court in Los Angeles has found a former police officer guilty of kidnapping a 17-year-old teenager in an attempt to steal $350,000 worth of Bitcoin.
According to prosecutors, the ex-officer and his accomplices wore fake police uniforms, broke into the victim’s apartment, and threatened him until they obtained a hard drive containing crypto assets and private keys. 🗝
The defendant, who served 13 years with the Los Angeles Police Department, now awaits sentencing, which is scheduled for late March.
⚠️ The case highlights the growing risks of physical attacks tied to crypto custody, where private keys can become real-world targets.
⚖️ A court in Los Angeles has found a former police officer guilty of kidnapping a 17-year-old teenager in an attempt to steal $350,000 worth of Bitcoin.
According to prosecutors, the ex-officer and his accomplices wore fake police uniforms, broke into the victim’s apartment, and threatened him until they obtained a hard drive containing crypto assets and private keys. 🗝
The defendant, who served 13 years with the Los Angeles Police Department, now awaits sentencing, which is scheduled for late March.
⚠️ The case highlights the growing risks of physical attacks tied to crypto custody, where private keys can become real-world targets.
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38% of Altcoins Are at All Time Lows 🙀
According to data from CryptoQuant, 38% of all altcoins are currently trading at their ATLs. 📊
What’s more alarming: the overall condition of the altcoin market is now worse than during the collapse of FTX.
📉 This highlights how deep and prolonged the current altcoin drawdown has become, with many projects still struggling to find demand.
According to data from CryptoQuant, 38% of all altcoins are currently trading at their ATLs. 📊
What’s more alarming: the overall condition of the altcoin market is now worse than during the collapse of FTX.
📉 This highlights how deep and prolonged the current altcoin drawdown has become, with many projects still struggling to find demand.
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🛠 MARA Denies Plans for Major Bitcoin Sell-Off
🗞Yesterday, The Block reported that U.S. miner MARA Holdings was reviewing its strategy and could potentially sell part of its 53,822 BTC treasury, raising concerns about possible market pressure.
🫸 However, MARA quickly denied claims of a large-scale BTC sell-off, stating that reports about selling the majority of its Bitcoin reserves are not accurate.
📝 According to MARA’s 2026 10-K filing, the company is only expanding its treasury management strategy, meaning it may occasionally buy or sell BTC depending on market conditions and capital allocation priorities — not execute a mass liquidation.
For context, another miner, Core Scientific, has previously announced plans to sell all of its 2,500 BTC (~$170M) in Q1 2026 to fund a pivot toward AI infrastructure. 🤖
So, MARA stays flexible, not bearish — while some miners are clearly choosing different paths.
🗞Yesterday, The Block reported that U.S. miner MARA Holdings was reviewing its strategy and could potentially sell part of its 53,822 BTC treasury, raising concerns about possible market pressure.
🫸 However, MARA quickly denied claims of a large-scale BTC sell-off, stating that reports about selling the majority of its Bitcoin reserves are not accurate.
📝 According to MARA’s 2026 10-K filing, the company is only expanding its treasury management strategy, meaning it may occasionally buy or sell BTC depending on market conditions and capital allocation priorities — not execute a mass liquidation.
For context, another miner, Core Scientific, has previously announced plans to sell all of its 2,500 BTC (~$170M) in Q1 2026 to fund a pivot toward AI infrastructure. 🤖
So, MARA stays flexible, not bearish — while some miners are clearly choosing different paths.
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💹 Global Currency Devaluation Since 2000
📊 According to data from FRED and the World Bank, major national currencies have lost a significant share of their purchasing power over the past few years:
🇯🇵 Japanese yen: −51%
🇪🇺 Euro: −74%
🇬🇧 British pound: −76%
🇺🇸 U.S. dollar: −79%
🇨🇳 Chinese yuan: −96%
📌 Put simply: if we take the purchasing power of currencies in 2000 as 100, then by 2025 it dropped to 49 for the yen, 26 for the euro, 24 for the pound, 21 for the dollar, and just 4 for the yuan.
💸 The takeaway is clear: long-term currency debasement isn’t a theory — it’s measurable data, and it keeps accelerating.
📊 According to data from FRED and the World Bank, major national currencies have lost a significant share of their purchasing power over the past few years:
🇯🇵 Japanese yen: −51%
🇪🇺 Euro: −74%
🇬🇧 British pound: −76%
🇺🇸 U.S. dollar: −79%
🇨🇳 Chinese yuan: −96%
📌 Put simply: if we take the purchasing power of currencies in 2000 as 100, then by 2025 it dropped to 49 for the yen, 26 for the euro, 24 for the pound, 21 for the dollar, and just 4 for the yuan.
💸 The takeaway is clear: long-term currency debasement isn’t a theory — it’s measurable data, and it keeps accelerating.
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Buterin: DeFi Alone Isn’t Enough 🤔
🤓Vitalik Buterin argues that having “perfect DeFi” is not enough. In a world of surveillance, wars, and corporate pressure, Ethereum has not yet become a true tool for protecting people — unlike technologies such as Starlink or Signal.
👀 He proposes a new focus: “refuge technologies” — digital spaces with no owner, where rules and agreements exist without anyone’s permission.
The goal isn’t to compete with Big Tech, but to build a full freedom ecosystem: wallets, AI interfaces, software, hardware, and even physical security — aimed at users far beyond the crypto bubble.
🏠 Ethereum’s next challenge may not be better finance, but becoming real digital shelter.
🤓Vitalik Buterin argues that having “perfect DeFi” is not enough. In a world of surveillance, wars, and corporate pressure, Ethereum has not yet become a true tool for protecting people — unlike technologies such as Starlink or Signal.
👀 He proposes a new focus: “refuge technologies” — digital spaces with no owner, where rules and agreements exist without anyone’s permission.
The goal isn’t to compete with Big Tech, but to build a full freedom ecosystem: wallets, AI interfaces, software, hardware, and even physical security — aimed at users far beyond the crypto bubble.
🏠 Ethereum’s next challenge may not be better finance, but becoming real digital shelter.
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Crypto soothsayer
💹 Global Currency Devaluation Since 2000 📊 According to data from FRED and the World Bank, major national currencies have lost a significant share of their purchasing power over the past few years: 🇯🇵 Japanese yen: −51% 🇪🇺 Euro: −74% 🇬🇧 British pound: −76%…
🤖 AI Chooses Bitcoin Over Fiat
📝 A new study by the Bitcoin Policy Institute tested 36 AI models from major labs, treating them as autonomous economic agents across 28 financial scenarios.
Results were striking:
➠ 22 of 36 models chose BTC as their preferred form of money
➠ Zero models picked fiat as a first choice
➠ Bitcoin was most often selected as a store of value
➠ Stablecoins were preferred for payments and settlements
The research included models from OpenAI, Anthropic, Google, DeepSeek, xAI, and MiniMax.
💡 When machines analyze money purely by rules, incentives, and constraints — they don’t trust fiat.
📝 A new study by the Bitcoin Policy Institute tested 36 AI models from major labs, treating them as autonomous economic agents across 28 financial scenarios.
Results were striking:
➠ 22 of 36 models chose BTC as their preferred form of money
➠ Zero models picked fiat as a first choice
➠ Bitcoin was most often selected as a store of value
➠ Stablecoins were preferred for payments and settlements
The research included models from OpenAI, Anthropic, Google, DeepSeek, xAI, and MiniMax.
💡 When machines analyze money purely by rules, incentives, and constraints — they don’t trust fiat.
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🔥 $400M in Shorts Wiped Out as Bitcoin Spikes
Bitcoin liquidated over $400 million in short positions after a sharp move up to $73,000, right after the U.S. stock market opened. 📈
At the peak of the move, spot buying pressure surged, with BTC purchase volume on exchanges jumping to $121.6M in a short time, fueling the squeeze.
There’s also speculation that capital flows may be coming from Iran, where some investors could be moving into BTC to protect their wealth amid escalating uncertainty, according to reports echoed by Bitcoin Magazine. 🧐
Bitcoin liquidated over $400 million in short positions after a sharp move up to $73,000, right after the U.S. stock market opened. 📈
At the peak of the move, spot buying pressure surged, with BTC purchase volume on exchanges jumping to $121.6M in a short time, fueling the squeeze.
There’s also speculation that capital flows may be coming from Iran, where some investors could be moving into BTC to protect their wealth amid escalating uncertainty, according to reports echoed by Bitcoin Magazine. 🧐
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👀 Bitcoin Open Interest Jumps Sharply
🚀 Bitcoin’s open interest surged by $4.24B in a single day, marking an 18% increase — the largest daily rise over the past year, according to CryptoQuant.
📊 Such a rapid expansion in open interest usually signals fresh leverage entering the market, setting the stage for higher volatility in the short term.
💡 Whether this turns into continuation or a shakeout will depend on who gains control next — bulls or bears.
🚀 Bitcoin’s open interest surged by $4.24B in a single day, marking an 18% increase — the largest daily rise over the past year, according to CryptoQuant.
📊 Such a rapid expansion in open interest usually signals fresh leverage entering the market, setting the stage for higher volatility in the short term.
💡 Whether this turns into continuation or a shakeout will depend on who gains control next — bulls or bears.
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🚨 $23.6M Crypto “Wrench Attack” Shocks the Community
A crypto investor was violently extorted for $23.6M, according to on-chain data shared by Lookonchain. The victim, influencer Sillytuna, was reportedly held at gunpoint and forced to transfer funds to attackers. 🔫🥷
💵 The stolen assets included $23.6M in aEthUSDC, most of which has already been converted into $20.34M DAI. A smaller portion was bridged to Arbitrum and then deposited into Hyperliquid, reportedly to buy privacy-focused assets.
After the incident, Sillytuna stated he is leaving crypto permanently, highlighting a growing threat:
⚠️ The industry now faces not only hackers, but real-world physical attacks.
🔒 Self-custody brings freedom — but also very real offline risks.
A crypto investor was violently extorted for $23.6M, according to on-chain data shared by Lookonchain. The victim, influencer Sillytuna, was reportedly held at gunpoint and forced to transfer funds to attackers. 🔫🥷
💵 The stolen assets included $23.6M in aEthUSDC, most of which has already been converted into $20.34M DAI. A smaller portion was bridged to Arbitrum and then deposited into Hyperliquid, reportedly to buy privacy-focused assets.
After the incident, Sillytuna stated he is leaving crypto permanently, highlighting a growing threat:
⚠️ The industry now faces not only hackers, but real-world physical attacks.
🔒 Self-custody brings freedom — but also very real offline risks.
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⚠️ Google Warns of New iPhone Crypto Theft Attack
🕵️♂️ Security researchers at Google have uncovered a powerful exploit toolkit called Coruna, designed to steal crypto by hacking iPhones via fake crypto websites.
The toolkit reportedly includes 5 exploit chains and 23 iOS vulnerabilities, some of them previously unknown. The attack is triggered simply by visiting phishing sites (such as cloned exchanges).
Once infected, the malware scans the device for:
• seed phrases stored in notes
• banking data
• crypto apps and wallets
🧠 Experts believe developing such a tool could have cost millions of dollars, and its origin is now being actively debated in the cybersecurity industry.
🔒 Key takeaway: even mobile devices aren’t safe. Avoid storing seed phrases digitally and double-check URLs — one click can cost everything.
🕵️♂️ Security researchers at Google have uncovered a powerful exploit toolkit called Coruna, designed to steal crypto by hacking iPhones via fake crypto websites.
The toolkit reportedly includes 5 exploit chains and 23 iOS vulnerabilities, some of them previously unknown. The attack is triggered simply by visiting phishing sites (such as cloned exchanges).
Once infected, the malware scans the device for:
• seed phrases stored in notes
• banking data
• crypto apps and wallets
🧠 Experts believe developing such a tool could have cost millions of dollars, and its origin is now being actively debated in the cybersecurity industry.
🔒 Key takeaway: even mobile devices aren’t safe. Avoid storing seed phrases digitally and double-check URLs — one click can cost everything.
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Crypto soothsayer
🔍 How a Hacker Stole Crypto From the U.S. Government for Years In 2024–2025, funds were quietly moving out of wallets controlled by the U.S. government to unknown addresses. The transfers looked routine — like normal asset movements — and raised no red flags.…
🚓 FBI Arrests Teen Behind $46M Crypto Theft
The Federal Bureau of Investigation has arrested a teenager accused of stealing $46 million in cryptocurrency from U.S. government-linked accounts.
The suspect, John Dagita, was detained on the island of Saint Martin during a joint operation between the FBI and French National Police.
According to reports, the teen gained access by using his father’s credentials, as his father was working as a contractor with U.S. authorities.
Ironically, investigators tracked him down after the newly minted “crypto millionaire” bragged about his wealth on social media 🤦
💡 Lesson learned (again):
Stealing crypto is risky.
Flexing stolen crypto is… next-level stupid.
The Federal Bureau of Investigation has arrested a teenager accused of stealing $46 million in cryptocurrency from U.S. government-linked accounts.
The suspect, John Dagita, was detained on the island of Saint Martin during a joint operation between the FBI and French National Police.
According to reports, the teen gained access by using his father’s credentials, as his father was working as a contractor with U.S. authorities.
Ironically, investigators tracked him down after the newly minted “crypto millionaire” bragged about his wealth on social media 🤦
💡 Lesson learned (again):
Stealing crypto is risky.
Flexing stolen crypto is… next-level stupid.
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📊 Bitcoin approaches key support based on Metcalfe’s Law
The ratio between the market price of Bitcoin and its theoretical value based on Metcalfe's Law has dropped to a historic support level — a zone that previously preceded upward reversals. 🧐
📝 Metcalfe’s Law, formulated by Ethernet inventor Robert Metcalfe, states that the value of a network grows proportionally to the square of its users. In crypto analysis, this principle is used to estimate Bitcoin’s “fair value” by comparing the number of active addresses with the actual market price.
Right now, the metric suggests that BTC may be undervalued relative to its network activity.
If the historical pattern holds, this level could become a launchpad for the next upward move, as the network’s fundamentals remain stronger than the current market pricing. 📈
The ratio between the market price of Bitcoin and its theoretical value based on Metcalfe's Law has dropped to a historic support level — a zone that previously preceded upward reversals. 🧐
📝 Metcalfe’s Law, formulated by Ethernet inventor Robert Metcalfe, states that the value of a network grows proportionally to the square of its users. In crypto analysis, this principle is used to estimate Bitcoin’s “fair value” by comparing the number of active addresses with the actual market price.
Right now, the metric suggests that BTC may be undervalued relative to its network activity.
If the historical pattern holds, this level could become a launchpad for the next upward move, as the network’s fundamentals remain stronger than the current market pricing. 📈
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