Business

February, 2026

• 4 February

  Nevada Targets Coinbase Prediction Markets After Polymarket Ban

  

  Nevada regulators escalated their crackdown on crypto-linked prediction markets on February 2, 2026, filing a civil enforcement action against Coinbase Financial Markets in Carson City District Court. The Nevada Gaming Control Board (NGCB) seeks a temporary restraining order and preliminary injunction to prevent Coinbase from offering event-based contracts—particularly those tied to sports outcomes—to state residents without a Nevada gaming license. …
• 4 February

  Asia Market Open: Bitcoin Drops to $76K as Tech-Led Selloff Hits Stocks

  

  Bitcoin dropped sharply in early Asian trading on February 4, 2026, falling around 3% to trade near $76,000 (with lows dipping toward $75,300–$76,000), as risk-off sentiment from a U.S. tech-driven selloff carried over into global markets. The decline mirrored weakness in Asian equities, which opened lower following Wall Street’s February 3 session. The tech-heavy Nasdaq Composite fell about 1.4%, with …
• 4 February

  Michael Burry Warns of $1B Precious Metals Disaster if Bitcoin Keeps Falling

  

  Michael Burry, the investor famed for predicting the 2008 housing crash in “The Big Short,” cautioned in a February 2, 2026 Substack post that Bitcoin’s sharp decline has spilled over into precious metals markets, with up to $1 billion in gold and silver positions liquidated at the end of January. Burry attributed recent weakness in gold and silver—despite their safe-haven …
• 4 February

  Tom Lee Brushes Off ETH Treasury Losses, Questions ETF Double Standards

  

  BitMine Immersion Technologies (BMNR) Chairman Tom Lee has downplayed the company’s more than $6 billion in unrealized losses on its Ethereum (ETH) holdings, framing them as an intentional feature of its long-term treasury strategy rather than a misstep. In recent X posts and a CNBC Squawk Box appearance (February 3, 2026), Lee responded to sharp criticism—including claims of a $6.6 …
• 4 February

  Aave Shuts Down Avara and Family Wallet, Goes All-In on DeFi

  

  Aave Labs, the team behind the leading decentralized finance (DeFi) lending protocol Aave, announced on February 3, 2026, that it is sunsetting its Avara umbrella brand and gradually winding down the Family iOS wallet. The move consolidates all operations under the Aave brand to streamline focus on enhancing its core non-custodial liquidity markets and accelerating mainstream DeFi adoption. Aave founder …
• 4 February

  Arbitrum Alerts Users After Hackers Take Over Official X Account

  

  Arbitrum, the leading Ethereum Layer-2 scaling network, issued an urgent security alert on February 3, 2026, after hackers took over its official Arbitrum DAO governance X account (@arbitrumdao_gov). The breach allowed attackers to post unauthorized content, including promotions for a fraudulent “snapshot confirmed” airdrop that directed users to a phishing site (gov-arbitrum.com) designed to steal credentials and wallet information. The …
• 3 February

  Hyperliquid Unveils Proposal to Enter Prediction Market Space

  

  Hyperliquid, the high-performance decentralized perpetuals exchange built on its own Layer-1 blockchain, unveiled Hyperliquid Improvement Proposal 4 (HIP-4) on February 2, 2026, proposing the introduction of “outcome trading” to enable prediction markets and bounded options-style derivatives. Announced via an official X post and detailed in community channels, HIP-4 would add support for fully collateralized “outcome” contracts on HyperCore—the platform’s core …
• 3 February

  Crypto Exchange Binance Restores Withdrawals Following Brief Outage

  

  Binance, the world’s largest cryptocurrency exchange by trading volume, restored full withdrawal services on February 3, 2026, following a brief technical disruption that lasted approximately 20 minutes earlier in the day (around UTC morning hours, aligning with Asian/European trading sessions). The exchange initially alerted users via X (formerly Twitter) on February 3, stating: “We are aware of some technical difficulties …
• 3 February

  Trump Says He Was Unaware of $500M UAE Investment in World Liberty Financial

  

  US President Donald Trump stated on February 2, 2026, that he was unaware of a reported $500 million investment from an Abu Dhabi royal into World Liberty Financial (WLFI), a cryptocurrency platform associated with his family, amid growing scrutiny over foreign funding and potential conflicts of interest. Speaking to reporters at the White House, Trump said, “I don’t know about …
• 3 February

  Epstein Invested $3M in Coinbase, Newly Unsealed DOJ Email Shows

  

  A newly released batch of documents from the U.S. Department of Justice, part of an ongoing release of millions of pages related to Jeffrey Epstein’s files (initiated under congressional mandate and advanced in late January 2026), has revealed that the late financier invested $3 million in cryptocurrency exchange Coinbase in December 2014. Emails and asset listings unsealed in recent days …