Crypto World
XRP price eyes $2, failed auction confirms bullish shift
XRP price has formed a potential failed auction at $1.58, signaling demand at range lows and increasing the probability of a recovery move toward $2.00 upside.
Summary
- XRP failed to gain acceptance below the $1.58 range low, highlighting buyer demand
- Holding above $1.58 preserves the broader range structure
- A rotation toward the $2.00 value area low becomes more likely if support holds
XRP (XRP) price action has begun to stabilize after a sharp corrective move, with recent trading behavior offering important insight into market positioning. One of the most notable technical developments is the formation of a potential failed auction at the range low support near $1.58.
This is a key concept in auction market theory, often highlighting when sellers have lost momentum, and buyers begin to assert control.
As long as price action continues to hold above the $1.58 range low, the probability increases that XRP could rotate higher toward the next major area of interest, which is the value area low around the $2.00 level. From a structural standpoint, this would represent a mean reversion move within the broader range rather than an impulsive breakout.
XRP price key technical points
- Failed auction at $1.58 range low: Sellers failed to gain acceptance below support, signalling underlying demand.
- Range structure remains intact: Holding above $1.58 prevents a breakdown and preserves rotational conditions.
- $2.00 value area low as upside target: A logical magnet for price if demand continues to defend current support.
From a technical perspective, the behavior around $1.58 aligns closely with the definition of a failed auction. Price briefly explored lower levels, but the lack of follow-through indicated insufficient selling interest. Instead of continuation, XRP quickly rotated back above the range low, trapping late sellers and reinforcing the idea that buyers were active in this zone.
This type of price action often reflects participation from stronger hands, where larger market participants step in to absorb liquidity as price moves into discounted territory. Failed auctions are particularly relevant when they occur at established range boundaries, as they often lead to rotations back toward areas of prior value.
In XRP’s case, the range low at $1.58 has acted as a clear inflection point. Each attempt to trade below it has been met with responsive buying, suggesting that this level is being defended. As long as this behavior persists, downside continuation becomes less likely in the short term.
Market structure supports a relief rally scenario
Looking at the broader market structure, XRP remains within a defined range rather than trending. While the larger timeframe trend has experienced downside pressure, the failure to break and hold below $1.58 keeps the structure intact. This supports the case for rotational price action rather than immediate trend continuation to the downside.
From a price action perspective, holding above range lows after a failed auction often leads to a relief rally toward the midpoint or value area of the range. In this scenario, the value area low near $2.00 becomes a natural upside target, as markets tend to revisit areas where prior trading activity was high.
It is important to note that this does not automatically imply a full trend reversal. Instead, it suggests that XRP may be entering a corrective phase within the broader structure, allowing price to rebalance before the next directional move develops.
Volume and acceptance remain key going forward
While the failed auction provides a constructive technical signal, confirmation will come from continued acceptance above $1.58. Sustained trading above this level, accompanied by improving volume, would further validate the bullish case for a rotation higher.
If XRP were to fall below $1.58 and begin trading at a price below it, the failed auction thesis would weaken significantly. In that scenario, the market would be signalling that sellers have regained control, increasing the risk of deeper downside exploration.
For now, however, the inability to sustain lower prices suggests that selling pressure has diminished, at least temporarily. This opens the door for buyers to push prices back toward higher value zones as part of a rebalancing process.
What to expect in the coming price action
As long as XRP remains above the $1.58 range low, the technical outlook supports a recovery toward the $2.00 value area low. This move would represent a logical mean reversion within the current range structure. However, failure to hold $1.58 would invalidate the failed auction and reintroduce downside risk.
The play-to-earn or P2E model has matured. It is no longer a novelty in Web3; it is an economic model capable of building real digital economies, attracting millions of users, and generating meaningful revenue for enterprises.
Yet the reality is uncomfortable. A number of P2E games tend to fail within a few months after launch. The reason behind the failure is not that the idea was weak or that the market lacks demand. It is due to the fact that the foundation wasn’t built to scale.
It is to be kept in mind that P2E games are not just entertainment. It is:
- A financial ecosystem
- A token economy
- A live service platform
- A community-driven marketplace
- A security-sensitive environment
Choosing the wrong P2E game development company does not just delay your project, it can result in collapsing the entire ecosystem. For enterprises, the real decision isn’t “Should we build a P2E game?” It’s “Who can build one that survives real-world scale?”
Why Scaling Breaks Most P2E Games
Early growth can hide structural weaknesses. Many P2E games look successful in the first few months because token rewards attract players very quickly. However, cracks tend to appear at the time when real activity begins, cracks appear.
1. Token Inflation Spiral
If rewards are not balanced, token supply floods the market, resulting in value dropping, players losing incentive, and speculators exit. A P2E game developer without tokenomics expertise often overlooks long-term supply dynamics.
2. Bot Exploitation
Reward systems attract bots. Without detection systems, automated farming drains value from real players and destabilizes the economy. Scaling securely requires anti-bot logic, behavioral analytics, and exploit monitoring.
3. Infrastructure Stress
P2E games involve constant transactions, such as claims, trades, staking, and marketplace activity. Poor backend planning leads to lag, failures, or downtime. A crash during growth damages credibility instantly.
4. Smart Contract Vulnerabilities
A single exploit can drain funds or freeze assets. Enterprises cannot afford trial-and-error blockchain coding. Security must be engineered from day one.
At the time when these issues come up, user trust disappears, and in GameFi, trust is everything. Thus, when trust breaks, game economies tend to crumble.
What “Scalable” Actually Means in P2E Game Development
A number of P2E game developers claim scalability. However, only a few define it properly. True scalability includes:
1. Sustainable Tokenomics
Sustainable tokenomics is not just token creation, but economic design that survives growth cycles, user behavior changes, and market fluctuations. It includes emission schedules, sinks, staking models, and value loops that keep demand alive.
2. Secure Smart Contract Frameworks
Contracts must be modular, auditable, and optimized. Security architecture must assume adversarial behavior. Enterprises need experienced developers who build for resilience, not just functionality.
3. Scalable Backend Systems
P2E combines gaming servers and financial systems. Infrastructure must support thousands and sometimes millions of concurrent actions. Cloud scalability, database design, and API efficiency are matters of immense importance in this regard.
4. Anti-Fraud & Anti-Exploit Mechanisms
Fraud detection systems must monitor unusual behaviors, repeated farming patterns, and suspicious wallet interactions. Without this, economies can be manipulated quite easily.
5. LiveOps & Economy Tuning
P2E is not static. Rewards, sinks, and incentives need constant balancing. Developers must support real-time adjustments. Scaling requires ongoing economic management.
WPlanning to Build a P2E Game That Succeeds and Scales?
Key Traits of a Reliable P2E Game Development Company
At the time of choosing a P2E game development company for your project, here are some of the key traits to watch out for to make the right selection.
1) Deep Tokenomics Expertise
Tokenomics is closer to financial engineering than game design. A strong P2E game development company:
- Models supply-demand dynamics
- Simulates user growth scenarios
- Designs burn and sink systems
- Balances rewards against inflation
They think like economists, not just developers.
2) Blockchain Security Maturity
A credible P2E game developer prioritizes:
- Contract audits
- Multi-layer security
- Wallet safety flows
- Compliance awareness
Security protects reputation and user confidence.
3) Architecture for Growth
Scaling is planned, not patched later. A mature developer designs:
- Load-ready backend systems
- Efficient indexing for transactions
- Modular architecture for upgrades
This, in turn, helps reduce long-term technical debt.
4) LiveOps Capability
P2E success depends on iteration. Events, reward cycles, and engagement mechanics must evolve. A capable P2E game developer supports:
- Economy monitoring
- Event design
- Seasonal content
- Reward recalibration
Without LiveOps, engagement tends to decline.
5) Proven Web3 Gaming Experience
Experience reduces risk. A P2E game development company that has shipped Web3 games understands pitfalls like inflation cycles and bot waves. Past execution matters more than promises.
Questions Enterprises Must Ask Before Hiring
Here are a few important questions to ask your chosen P2E game development company before finalizing the hiring process in order to avoid costly mistakes later.
- How do you simulate token economies?
- How do you prevent bot farming?
- What scalability architecture do you use?
- What is your smart contract audit process?
- How do you support LiveOps post-launch?
Once you get all the answers with clarity and evidence, finalize the hiring.
Why Enterprises Prefer Specialized P2E Game Development Companies
The P2E model sits at the intersection of: Gaming + Blockchain + Finance.
Only a few development partners master all three internally.
A specialized P2E game development company provides:
- Cross-domain expertise
- Pre-tested frameworks
- Faster development cycles
- Lower risk exposure
- Long-term ecosystem support
For enterprises, this translates into predictable outcomes.
Closing Thoughts
It is always to be kept in mind that in the P2E model, launching is easy, but sustaining is hard. Scaling is where winners are decided.
A real P2E game developer doesn’t just build gameplay; they engineer economies.
The real question for enterprises is simple: Are you building a short-term hype cycle, or a long-term digital economy? The right partner determines the answer.
Antier, an experienced P2E game development company, works with enterprises to build P2E ecosystems designed for sustainability. Support includes:
- Advanced tokenomics modeling
- Smart contract architecture
- Blockchain and wallet integration
- Scalable backend systems
- Security-first development
- LiveOps and ecosystem tuning
The objective isn’t just launch, it’s longevity. Let’s work on your next P2E project to make it successful.
Frequently Asked Questions
01. What is the play-to-earn (P2E) model in Web3?
The P2E model is an economic framework that allows users to earn real value through gameplay, creating digital economies that attract millions of users and generate revenue for enterprises.
02. Why do many P2E games fail shortly after launch?
Many P2E games fail due to a lack of scalable foundations, which leads to issues like token inflation, bot exploitation, infrastructure stress, and smart contract vulnerabilities.
03. What does true scalability mean in P2E game development?
True scalability in P2E game development refers to the ability to handle growth without compromising the game’s economy or user trust, ensuring robust systems for tokenomics, security, and infrastructure.
Crypto World
Binance Disputes Fortune Claims of Iranian Sanctions Breaches and Wrongful Terminations
TLDR:
- Binance conducted internal review and found no evidence of sanctions violations tied to Iranian transactions
- Exchange operates under Abu Dhabi Global Market regulation plus 21 local jurisdictions worldwide
- Company denies firing investigators for raising compliance concerns about alleged sanctions breaches
- Binance invested heavily in compliance infrastructure since 2023 regulatory settlement with authorities
Binance has formally disputed a Fortune investigation claiming the exchange processed over $1 billion in Iran-related transactions.
The cryptocurrency platform sent a detailed rebuttal letter on February 15, addressing allegations published two days earlier.
The company stated that a comprehensive internal review found no evidence of sanctions violations. Binance emphasized its commitment to regulatory compliance and cooperation with authorities.
Company Denies Evidence of Sanctions Violations
Fortune’s February 13 article alleged that internal investigators uncovered substantial transaction volumes tied to Iran.
The report suggested these transfers potentially violated international sanctions laws. Binance conducted a full internal review following the claims raised in the investigation.
The exchange stated it found no evidence supporting allegations of sanctions law breaches. This conclusion was reached after consultation with qualified legal counsel.
The company rejected assertions that violations were discovered and then suppressed. Binance characterized the Fortune report as containing material inaccuracies requiring correction.
The exchange operates under regulatory oversight from multiple jurisdictions worldwide. Binance holds authorization from the Abu Dhabi Global Market as its primary regulator.
The platform also maintains licenses and registrations across 21 different local jurisdictions. These regulatory relationships require ongoing compliance monitoring and reporting.
Chief Executive Officer Richard Teng addressed the allegations through the social media platform X. He stated that the record must be clear regarding the absence of sanctions violations.
Teng also denied that investigators were terminated for raising compliance concerns. The CEO requested corrections to what he described as inaccurate reporting.
Enhanced Compliance Framework Since 2023 Resolution
Binance referenced its 2023 regulatory settlement when addressing compliance capabilities. The company has invested substantially in its sanctions screening infrastructure since that resolution.
These investments included expanded staffing dedicated to compliance functions. The exchange allocated resources to anti-money laundering controls and transaction monitoring systems.
The platform described its compliance program as among the most robust in digital assets. Binance maintains internal standards that often exceed global regulatory requirements.
The company implements zero-tolerance policies on staff conduct violations and unauthorized data access. These policies extend to failures in observing internal compliance procedures.
The exchange questioned the sourcing and motivations behind the Fortune investigation. Binance noted the article relied heavily on anonymous sources while presenting speculation as fact.
The company emphasized that multiple legitimate channels exist for reporting compliance concerns. These include internal whistleblowing provisions and statutory protections for employees raising issues.
Binance requested that Fortune review its statements and correct misleading implications. The exchange offered to provide additional context for more accurate reporting.
The company stressed that accuracy is critical when publishing allegations related to sanctions compliance. Binance affirmed its continued cooperation in meeting monitorship obligations and regulatory commitments across all jurisdictions.
Wintermute has rolled out institutional over-the-counter trading for tokenized gold, marking its entry into digital commodities amid rising interest in asset-backed tokens.
Summary
- Wintermute added tokenized gold to its OTC desk.
- Institutions can now trade and settle gold tokens on-chain.
- The market is forecast to reach $15 billion by 2026.
The firm said on Feb. 16 that its OTC desk now supports trading in Pax Gold and Tether Gold, the two largest gold-backed tokens by market value.
The service gives professional investors a way to gain exposure to physical gold through blockchain-based products, while keeping access to crypto-style settlement and liquidity. It comes in response to the increasing demand from institutions for transparent, stable assets that are easy to trade and settle fast.
Building on-chain access to gold markets
Wintermute will offer institutional clients algorithmically optimized spot execution as part of the new launch. Clients can settle trades in the way that suits them best. Transactions can be completed on-chain using major cryptocurrencies, stablecoins, or traditional fiat currencies.
This setup allows positions to be opened, adjusted, or closed instantly. It also helps move capital smoothly between markets while lowering settlement risk. For trading firms and investment funds, this structure makes it easier to manage liquidity and hedge exposure.
Instead of sticking to traditional choices like exchange-traded funds or buying physical gold bars and coins, more investors are starting to look at tokenized gold. These digital tokens are backed by real gold and allow investors to buy small fractions of it, making gold ownership more accessible.
They can also be traded easily, giving holders flexibility without the hassle of storing or transporting physical gold. That level of flexibility is hard to achieve in conventional markets.
Industry data shows that the total value of tokenized gold surged to around $5.4 billion by mid-February 2026, an increase of about 80% in just three months.
Growth outlook and institutional interest
Wintermute chief executive Evgeny Gaevoy said the tokenized gold market could reach $15 billion by the end of 2026, nearly three times its current size. He pointed to rising institutional participation and demand for asset-backed digital products as key factors behind the forecast.
Trading volumes have also increased. During the fourth quarter of 2025, tokenized gold products recorded over $126 billion in turnover, outpacing several major gold ETFs.
According to analysts, 24-hour trading and more transparent pricing are the main factors driving the growth. Prices are shown in real time, and investors are free to buy and sell whenever they want.
Despite the recent crypto market downturn, tokenized gold has remained popular among investors seeking stability and portfolio diversification. Wintermute’s most recent launch indicates a larger trend in the industry toward more reputable, institution-focused services.
XRPL users face coordinated scam surge, wallet founder says, as attackers deploy phishing, fake apps, and sign requests globally.
Xaman Wallet founder Wietse Wind has said that a “massive XRPL targeted scam effort” is underway, warning users about fake sign requests, phishing emails, and impersonation accounts.
His alert points to a rise in social engineering attacks aimed at crypto holders rather than flaws in the blockchain code.
A Multi-Pronged Attack on XRPL Users
Wind wrote on X on February 16 that he had spent the weekend adding new filters and alerts to Xaman Wallet after detecting coordinated attempts to trick users into signing malicious transactions.
He listed several methods seen in recent days, including scam NFTs that promise token swaps, fake desktop wallet apps, and direct messages posing as support staff. The official wallet account repeated the warning, telling users not to click links, respond to DMs, or connect wallets to unknown websites.
According to Wind, the attacks usually focus on manipulating users rather than breaching software, with the scammers expanding beyond social media and sending phishing emails even though Xaman does not store user email addresses, suggesting attackers are relying on leaked data from unrelated breaches.
The tricksters are also reportedly promoting fake “desktop wallets,” despite Xaman being a strictly mobile application. Some fraudulent projects are even promising free tokens in exchange for users’ secret keys.
Wind stressed that funds will stay safe if people avoid approving unknown transactions or sharing their keys.
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“No matter the amount of warnings, detection, filtering, alerts in the app and here on social: no scammer can get you if you don’t willingly / unknowingly interact with them,” he advised. “Your funds are perfectly safe in Xaman Wallet: just don’t sign any transaction you don’t trust, and don’t interact with anyone promising you free tokens.”
Scams Moving Beyond DeFi Exploits
The XRPL scam wave reflects a troubling industry-wide trend, with a PeckShield report from earlier in the year revealing that crypto scams and hacks drained more than $4.04 billion in 2025.
Of that total, $1.37 billion came from scams alone, a 64% increase from 2024. The firm said attackers are shifting toward tailored phishing campaigns that target individuals with large holdings instead of relying only on technical exploits.
Furthermore, the PeckShield report also found that centralized platforms and companies accounted for about 75% of stolen funds last year, up from 46% in 2024.
These high-value thefts tied to deception extend beyond software wallets. On January 17, 2026, blockchain investigator ZachXBT reported that a victim lost about $282 million in Bitcoin (BTC) and Litecoin (LTC) through a hardware wallet scam. According to his findings, the attacker later moved the funds through THORChain and converted them to Monero (XMR).
Wind’s posts framed the latest campaign as a reminder that wallet security often depends on user decisions.
“This is a cat and mouse ‘game,’ and the scammers will not win,” he stated.
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Crypto.com says it has become the first digital asset platform to receive an international certification for artificial intelligence systems management amid its continued expansion into the sector.
The company said on Monday that it received ISO/IEC 42001:2023 certification, an international standard governing the creation and implementation of an AI management system.
“Security and privacy continue to be a core focus for us, particularly as we scale our AI-driven infrastructure and services,” said Crypto.com information security chief Jason Lau, adding that the certification ensures “every AI system we develop and deploy is secure, transparent, and aligned with emerging regulatory expectations.”
Crypto.com co-founder and CEO, Kris Marszalek, said the certification was “an important step as we continue to leverage AI tools and technologies.”
Crypto.com recently leaned into offering AI services that tie in with its crypto offering, launching software development kits and tailored data services. It also recently launched the AI agent platform ai.com on Feb. 9, which it considers a core business.
The new website allows users to create AI agents that can perform everyday tasks such as trading and managing workflows.
Marszalek said the goal of the company was to accelerate the capabilities of AI “by building a decentralized network of autonomous, self-improving AI agents that perform real-world tasks for the good of humanity.”
Related: Do Super Bowl ads predict a bubble? Dot-coms, crypto and now AI
Crypto executives and users have been enamored with AI, with companies rushing to offer AI services to keep up with the hype surrounding the technology.
Crypto-focused AI agents, which can conduct transactions without human intervention, have grown in popularity as traders look to gain an edge in the always-on market.
Rival crypto exchange Coinbase has also begun to offer services tailored to AI, launching crypto wallet infrastructure on Feb. 11 that allows AI agents to spend, earn and trade crypto.
AI Eye: 9 weirdest AI stories from 2025
Crypto exchange Kraken has become the latest company to heed calls from US President Donald Trump to support his “Trump Accounts,” a savings plan aimed at American children under the age of 18.
The move was first announced by Wyoming Senator Cynthia Lummis on Monday, with the Republican official stating that Kraken would provide funding toward all Trump Accounts created for newborns in the state of Wyoming.
“Grateful to Kraken for their commitment to Wyoming’s next generation and to the Cowboy State’s economic future,” she said.
Kraken’s co-CEO Dave Ripley said the firm chose to support Trump Accounts in Wyoming due to the positive regulatory climate in the state, home to the firm’s headquarters.
“We picked Wyoming as our global HQ because it leads with thoughtful, responsible crypto policy. We want to keep investing back in the community we call home. Starting early matters, and innovation should make long-term financial opportunity more accessible and affordable,” he said.
In a blog post, Kraken said that the Wyoming government enabled the firm to become the US’s first Special Purpose Depository Institution and praised it for its work on helping launch the Frontier Stable Token.
Trump Accounts are a new type of retirement account in the US that can be established by parents or legal guardians for children under 18. Under a pilot program, the federal government will seed Trump Accounts with $1,000 for any child born between Jan. 1, 2025, and Dec. 31, 2028.
So far, traditional finance heavyweights such as JPMorgan, Bank of America and Wells Fargo have all put support behind Trump Accounts in varying degrees, alongside several other well-known names.
Kraken did not share how much funding it would contribute to each eligible newborn. Cointelegraph has reached out to Kraken for comment.
Crypto firms give back amid state support
This isn’t the only crypto-related firm to give back to its home state this month.
Last week, blockchain-based prediction market platform Polymarket opened a free grocery store in New York City and said it would donate 3 million meals across the five boroughs.
Related: CFTC adds Coinbase, Ripple execs to 35-member advisory committee
The store was open from Thursday to Sunday last week, followed by a food donation day on Monday, when people could donate food to be redistributed across the city.
The move from Polymarket followed a similar move by prediction market competitor Kalshi, with the platform offering a $50 grocery giveaway to over 1,000 Manhattan residents on Feb. 3.
Magazine: Bitcoin’s ‘biggest bull catalyst’ would be Saylor’s liquidation: Santiment founder
If Consensus Hong Kong 2026 had an unofficial theme, it wasn’t Bitcoin or regulation. It was artificial intelligence — and the scramble to figure out what it actually means for crypto.
AI surfaced in almost every context: main-stage keynotes, side-event panels, venture capital meetings, and even the post-conference mood. But the conversations weren’t uniform. They ranged from Hong Kong government officials endorsing the machine economy to venture capitalists declaring the AI hype cycle in crypto already over.
Enterprise AI Agents Are Already Deployed
At the Gate’s side event, Sophia Jin, Hong Kong Tech Director at Byteplus — ByteDance’s enterprise technology arm — revealed that multiple major crypto exchanges are already using the company’s AI agent products. She outlined three use cases in production: intelligent customer service that incorporates deep research and trading scenario matching; multi-agent research systems with parallel data collection; and AML workflow automation with human oversight at decision points.
The most notable detail was the safety architecture. Byteplus places guardrails outside the agent orchestration layer — a kill switch that can halt agents immediately if they breach defined boundaries. Jin projected that within two years, every exchange employee will have an enterprise-grade AI assistant, while onboarding new users will become dramatically easier through AI-powered personalized education.
Two Years Until AI Outthinks You
Ben Goertzel, CEO of decentralized AI marketplace SingularityNET, offered the conference’s most provocative timeline. He gave humans roughly two years before AI surpasses them in strategic thinking.
“The human brain is better at taking the imaginative leap to understand the unknown,” Goertzel said iat Consensus. It won’t last, though. “We should enjoy it for a couple more years.”
While his Quantium project can already predict short-term Bitcoin volatility with high accuracy, Goertzel noted that long-term strategic thinking remains uniquely human — for now. He described the current bear cycle as a “stress test” for infrastructure that will eventually host artificial general intelligence.
Bitget CEO Gracy Chen offered a more grounded view. On a panel about agentic trading, she compared current AI trading bots to interns — faster and cheaper but requiring supervision. Historical data-driven models have never encountered events like the 10/10 liquidations, she noted, making human intervention essential in unfamiliar conditions. But within three to five years, she projected, AI could replace many human roles.
Saad Naj, CEO of agentic trading startup PiP World, countered that humans may not be the right baseline. “As humans, we are too emotional. We can’t compete with AI solutions,” he said, noting that 90% of day traders lose money.
Building the Payment Layer for Agents
If the main stage provided the vision, side events tried to build the plumbing.
At the Stablecoin Odyssey event at Soho House, the panel “Building Payment Blockchains for the Agentic Economy” focused on what infrastructure AI agents actually need. Nellie Tan, Payment Head at Monad, introduced Coinbase’s X402 protocol — an HTTP-native on-chain payment standard — and argued that agentic payments would generate transactions “at the speed of data,” requiring throughput of thousands to millions per second.
Eddie, CEO of payment middleware AEON, framed the shift as an interface transition. When consumers interact through AI agents rather than apps, every commercial interaction funnels through a single point — and the last mile is always a payment. His company processes what he described as 80% of crypto payments through partnerships with OKX, Bybit, and others.
The question of which blockchain AI agents would choose remained open. Mate Tokay, CMO of OP_CAT Layer, noted that no one yet knows whether agents will select chains based on training data, experience, speed, or security. The answer likely depends on the transaction — large asset transfers prioritize security, while consumer purchases prioritize speed.
Crypto as Currency for AI — or Just Another Hype Cycle?
The most striking endorsement came from outside the industry. Hong Kong Financial Secretary Paul Chan Mo-po used his appearance to frame AI agents as an economic force that crypto is uniquely positioned to serve.
“As AI agents become capable of making and executing decisions independently, we may begin to see the early forms of what some call the machine economy, where AI agents can hold and transfer digital assets, pay for services and transact with one another onchain,” Chan said.
Binance CEO Richard Teng pushed it further. “If you think about the agentic AI, so the booking of hotels, flights, whatever purchases that you would make, how you think that those purchases will be made — it’ll be via crypto and stablecoins,” he said. “So, crypto is the currency for AI, if you think about it.”
But venture capitalists poured cold water on the broader “AI + crypto” narrative. Anand Iyer of Canonical Crypto described the moment as a trough. “We went through a frothy period. Now it’s about figuring out where the real strength lies,” he said. Both Iyer and Kelvin Koh of Spartan Group criticized overinvestment in GPU marketplaces and attempts to build decentralized alternatives to OpenAI or Anthropic — projects that require capital far beyond what crypto can muster.
Instead, both see potential in purpose-built solutions that start with a specific problem. Proprietary data, regulatory edges, or go-to-market advantages now matter more than technical novelty. Koh’s advice to founders was blunt: “Twelve months ago, it was enough to have a wrapper on ChatGPT. That’s no longer true.”
What’s Forming
Conversations among industry participants pointed toward a framework taking shape: stablecoins serving as value rails for agent transactions, prediction markets handling information pricing, AI systems executing trades and operations, and physical robotics extending the loop into the real world. It’s not a single project or protocol — it’s a thesis about where crypto and AI intersect productively, without relying on the speculative cycles that drove previous bull runs.
A parallel thread runs through decentralized AI. Current systems are centralized and opaque. The idea of transparent, verifiable, community-governed AI networks aligns with crypto’s founding principles — and Goertzel, among others, pointed to the growth of such projects at the event as evidence that convergence is underway.
The pure speculation cycle may not return. But at Consensus Hong Kong, the argument that AI gives crypto a reason to exist beyond trading was made simultaneously from the government podium, the exchange boardroom, and the venture capital meeting. That’s a different kind of consensus.
The post Crypto’s AI Pivot: Hype, Infrastructure, and a Two-Year Countdown appeared first on BeInCrypto.
Users of crypto hardware wallets Ledger and Trezor are again reporting receiving physical letters aimed at stealing their seed recovery phrases — the latest attack on users exposed across numerous data leaks over the past six years.
Cybersecurity expert Dmitry Smilyanets was one of the first to report receiving a spurious letter from Trezor on Feb. 13, which demands users perform an “Authentication Check” by Feb. 15 or risk having their device restricted.
Smilyanets said the scam includes a hologram along with a QR code that takes users to a scam website. The letter is made to appear signed by Matěj Žák, who is described as the “Ledger CEO” (the real Matěj Žák is the CEO of Trezor).
A Ledger user reported receiving a similar letter last year in October, with the letter claiming recipients must complete mandatory “Transaction Check” procedures.
Scanning a malicious QR code for “mandatory” checks
The QR code reportedly takes the victim to a malicious website made to look like Ledger and Trezor setup pages, tricking users into entering their wallet recovery phrases.
Once entered, the recovery phrase is transmitted to the threat actor through a backend API, enabling them to import the victim’s wallet onto their own device and steal funds from it.
Related: Phishing scammers spoof Ledger’s email to send bogus data breach notice
Legitimate hardware wallet companies never ask users to share their recovery phrases through any method, including website, email, or snail mail.
Not the first time letters have been sent
Ledger and its third-party partners have suffered multiple large-scale data breaches over the past few years, resulting in leaks of customer data, including physical addresses used for postal purposes, and physical threats.
Meanwhile, Trezor flagged a security breach that exposed the contact information of nearly 66,000 customers in January 2024.
In 2021, scammers mailed counterfeit Ledger Nano hardware wallets to victims of the 2020 Ledger data breach.
Physical letters prompting victims to scan QR codes were sent in April 2025, while in May, hackers used fake Ledger Live apps to steal seed phrases and drain crypto from victims.
Ledger alerted users to the physical mail phishing scam on its website in October.
Magazine: Coinbase misses Q4 earnings, Ethereum eyes ‘V-shaped recovery’: Hodler’s Digest
XRP price jumped after Ripple CEO Brad Garlinghouse joined the U.S. Commodity Futures Trading Commission’s (CFTC) Global Markets Advisory Committee, a move seen as strengthening Ripple’s regulatory standing in Washington.
Summary
- XRP surged after Ripple CEO Brad Garlinghouse joined the CFTC’s Innovation Advisory Committee, signaling stronger regulatory engagement.
- On-chain data shows a recent spike in XRP Ledger active addresses above 30,000, pointing to renewed network activity and speculative interest.
- Technically, XRP trades near $1.46, with resistance at $1.60 and $1.74, while support stands at $1.35 and $1.20.
However, the token has since pulled back and is trading lower at press time.
Ripple CEO’s CFTC role sparks market reaction
Executives from Coinbase, Ripple and Solana were named to the CFTC’s Innovation Advisory Committee, a group focused on digital asset policy, market structure and emerging financial technologies.
The development signals deeper engagement between major crypto firms and U.S. regulators at a time when the industry is pushing for clearer oversight frameworks.
For XRP (XRP) investors, Garlinghouse’s appointment is being interpreted as a constructive step toward regulatory normalization following years of legal scrutiny.
On-chain data supports the renewed interest. The XRP Ledger active addresses chart shows notable spikes in network activity in recent weeks, including a sharp surge above 30,000 active accounts in early February.
While activity has since cooled toward the 16,000–18,000 range, the earlier spike coincided with heightened price volatility, suggesting speculative participation and renewed user engagement.
What XRP price analysis suggests
At press time, XRP is trading near $1.46 on the daily chart. The token recently rebounded from a sharp drop toward the $1.20 region but remains under technical pressure.
The Supertrend indicator (10,3) remains in bearish territory, with the trend line positioned around $1.74, signaling that the broader trend has not yet flipped bullish.
Meanwhile, the Awesome Oscillator, although still below the zero line, is printing rising green bars. This indicates bearish momentum is fading and a potential shift could be forming if buyers maintain pressure.
Immediate resistance sits near $1.60, followed by the stronger Supertrend barrier around $1.74. A daily close above that level could open the door toward the $1.90–$2.00 region.
On the downside, support lies near $1.35, with the recent swing low around $1.20 acting as critical structural support. A breakdown below $1.35 could expose XRP to another retest of that lower zone.
For now, XRP appears to be stabilizing, but a confirmed trend reversal will require a break above key resistance levels.
Russia’s cryptocurrency market is experiencing a surge in transactional activity, with daily trading volumes reaching an estimated 50 billion rubles, roughly $640 million, according to Deputy Finance Minister Ivan Chebeskov.
Summary
- Russia’s Finance Ministry says crypto trading volumes have reached 50 billion rubles ($640 million) per day, or roughly $129 billion annually, much of it outside formal oversight.
- Lawmakers are preparing a sweeping regulatory framework that would introduce mandatory exchange licensing by 2027 and stricter supervision of crypto platforms.
- Proposed rules include potential retail investment caps, asset approval controls by the central bank, and penalties for unlicensed operators, while keeping the ban on crypto payments in place.
Booming crypto trade meets regulatory push
Speaking at the Alfa Talk forum on digital assets, Chebeskov said this “turnover of more than 10 trillion rubles annually” highlights the depth of crypto involvement among Russians, much of it occurring outside formal regulatory oversight.
“We’ve always said that millions of citizens are involved in this activity, representing trillions of rubles in terms of use and savings. One example is the daily cryptocurrency turnover in our country—around 50 billion rubles. That’s a turnover of more than 10 trillion rubles per year, which is currently occurring outside the regulated zone, outside our control,” the deputy minister explained.
Officials note that millions of citizens are participating in crypto trading, investing and savings, but most of these transactions currently take place through unregulated channels, leaving them beyond the attention of authorities.
Against this backdrop, Russian regulators are pushing to bring much of the crypto market under formal scrutiny. Lawmakers plan to present a comprehensive crypto regulation bill to the State Duma by June 2026, with the aim of adopting a legal framework that would take effect by July 1, 2027.
Under the draft legislation, all cryptocurrency exchanges would need licenses, and operating without approval could be penalized similarly to illegal banking. Retail investors would face annual limits on crypto purchases — proposed at about 300,000 rubles (≈ $4,000) — and qualification tests before they can trade.
Privacy-oriented cryptocurrencies could be restricted, and the central bank would have discretion over which assets are approved for legal trading beginning in mid-2027.
Major Russian exchanges, including the Moscow and St. Petersburg exchanges, have been preparing to launch regulated crypto trading platforms once the legal foundation is finalized. These efforts reflect broader policy shifts aimed at moving users away from “gray market” activity toward licensed, transparent venues.
The proposed rules also keep the long-standing ban on using crypto for domestic payments but open regulated trading as an investment vehicle. The combined push from the Ministry of Finance, the Bank of Russia, and the State Duma signals a strategic effort to balance market growth, investor protection and financial stability while reining in unregulated activity.
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