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Crypto World

3 Key Crypto Token Unlocks to Watch in Late February

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JUP Crypto Token Unlock in February

The crypto market will welcome tokens worth more than $317 million in the final week of February 2026. Three major projects, Jupiter (JUP), Humanity (H), and Grass (GRASS), will release previously restricted tokens into circulation.

Token unlocks are crucial events in the crypto market, influencing liquidity, price volatility, and overall investor sentiment. So, here’s a breakdown of what to watch.

1. Jupiter (JUP)

  • Unlock Date: February 28
  • Number of Tokens to be Unlocked: 253.47 million JUP
  • Released Supply: 3.33 billion JUP
  • Total supply: 7 billion JUP

Jupiter is a decentralized liquidity aggregator on the Solana blockchain. It optimizes trade routes across multiple decentralized exchanges (DEXs) to provide users with the best prices for token swaps with minimal slippage. 

On February 28, Jupiter will unlock 253.47 million JUP, valued at approximately $36.18 million. The altcoins represent 7.94% of its released supply. This marks a substantial increase from Jupiter’s usual monthly unlock of 53.47 million tokens.

JUP Crypto Token Unlock in February
JUP Crypto Token Unlock in February. Source: Tokenomist 

Jupiter will direct 38.89 million JUP to the team. Furthermore, mercurial stakeholders will get 14.58 million JUP altcoins. 

Notably, the team has reserved the largest portion, 200 million JUP, for Jupuary. It is  Jupiter’s yearly airdrop initiative aimed at rewarding users and long-term community supporters.

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2. Humanity (H)

  • Unlock Date: February 25
  • Number of Tokens to be Unlocked: 105.36 million H
  • Released Supply: 2.41 billion H
  • Total supply: 10 billion H

Humanity (H) is a decentralized identity protocol that utilizes biometric palm recognition, zero-knowledge proofs, and blockchain to verify the authenticity of real human users without exposing their personal data. It features a native Proof of Humanity (PoH) consensus mechanism.

On February 25, the protocol will unlock 105.36 million tokens. The tokens are worth $16.74 million and account for 4.37% of the released supply.

H Crypto Token Unlock in February.
H Crypto Token Unlock in February. Source: Tokenomist

The team will split the released supply three ways. The ecosystem fund will receive 50 million H. Furthermore, Humanity will allocate 42.86 million altcoins to identity verification rewards and 12.50 million to the foundation operations treasury.

3. Grass (GRASS)

  • Unlock Date: February 28
  • Number of Tokens to be Unlocked: 55 million GRASS 
  • Released Supply: 416.54 million GRASS
  • Total supply: 1 billion GRASS

Grass enables users to monetize unused internet bandwidth. It leverages blockchain to reward participants in a privacy-preserving manner, fostering a global network for accessible data sourcing.

The project will release 55 million tokens on February 28. The supply is worth approximately $9.33 million. It represents 13.15% of the released supply.  

GRASS Crypto Token Unlock in February
GRASS Crypto Token Unlock in February. Source: Tokenomist  

The contributors will receive the entire unlocked supply. In addition to these, other prominent unlocks that investors can look out for in the final week of February include Plasma (XPL), Kamino (KMNO), EigenCloud (EIGEN), and more.

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Crypto World

South Korea Tightens Crypto Rules with 5-minute Asset Verification Mandate

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South Korea Tightens Crypto Rules with 5-minute Asset Verification Mandate

South Korea has ordered all crypto exchanges to reconcile their internal ledgers with actual asset holdings every five minutes after an inspection uncovered weaknesses in internal controls.

The directive was announced on Monday by the Financial Services Commission (FSC) after a meeting with top crypto exchanges and the Digital Asset Exchange Alliance (DAXA), during which they discussed the findings of an emergency inspection triggered by the Bithumb payout incident.

The inspection found that three of the country’s five major exchanges were reconciling balances only once every 24 hours, limiting their ability to respond quickly to discrepancies. Systems designed to halt trading during major mismatches were also found to be insufficient, raising concerns about how exchanges would handle large-scale errors.

In February, Bithumb mistakenly distributed 620,000 Bitcoin (BTC) to 249 users during a promotional event. The exchange later announced that it recovered 99.7% of the funds the same day. The remaining 0.3%, 1,788 BTC that had already been sold, was covered using company reserves.

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Related: Bithumb seeks to reappoint CEO despite recent controversies: Report

South Korea mandates five-minute asset checks

Under the new measures, exchanges must implement automated ledger-to-wallet reconciliation systems operating on a five-minute cycle. They will also be required to introduce defined criteria for triggering automatic transaction halts in the event of significant discrepancies.

Beyond reconciliation, regulators are pushing for sweeping changes to internal operations. High-risk processes like promotional payouts will require stronger oversight, including third-party cross-checks and multi-level approval systems. Exchanges will also need to separate high-risk accounts and implement automated verification tools for payments.

Top Korean crypto exchanges. Source: CoinGecko

Furthermore, external audits will shift from quarterly to monthly, while disclosures will expand to include detailed asset balances by wallet and ledger.

“The financial authorities and the DAXA plan to complete the rule changes needed to implement the improvement measures within April this year,” the FSC wrote.

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Related: South Korean brokerage Korea Investment & Securities eyes Coinone stake: Report

Bithumb delays IPO to post-2028

Last week, Bithumb announced it is now targeting an IPO after 2028, marking another delay from its earlier 2025 plans as it works through restructuring and regulatory pressure. The exchange said it will focus on strengthening accounting policies and internal controls through 2027, following an advisory agreement with Samjong KPMG.

Meanwhile, Naver Financial has also delayed its planned share swap with Dunamu by about three months, now targeting a shareholder vote on Aug. 18 and completion by Sept. 30.

Magazine: South Korea gets rich from crypto… North Korea gets weapons

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