Crypto World
And It Just Happened Again
Bitcoin slipped 3% the last time this whale made a substantial deposit, is another decline on its way?
Bitcoin’s overall market state has been more than dire for the past several weeks, with the asset plummeting from over $90,000 on January 28 to its lowest position in over a year at $60,000 last Friday.
While this is a painful decline of its own, the broader market’s state has not improved much since then, and Lookonchain just published another potential sell signal.
You need to watch this whale!
Over the past 2 days, he has deposited 8,200 $BTC($559M) into #Binance.
Every time he deposits $BTC, the price drops.
Yesterday, I warned when he made a deposit — and soon after, $BTC dropped over 3%.https://t.co/8D2y9MbfFn pic.twitter.com/IyjYXvW8sx
— Lookonchain (@lookonchain) February 13, 2026
The analytics company noted that the unknown whale had transferred 8,200 BTC (worth roughly $560 million) into Binance in the past 2 days alone.
Shortly after their previous deposit to the world’s largest exchange, the cryptocurrency’s price dipped yesterday by 3% within minutes, going from nearly $69,000 to $65,000.
In a subsequent post, Lookonchain added that the whale continued to transfer BTC to Binance, sending another batch of over 2,000 units with the likely intention to sell.
8,200 BTC to exchanges is not noise — it’s intent.
Large inflows often signal distribution or hedging.
Liquidity tells the story before price does. 👀📊
— Global Rashid (@globalrashid007) February 13, 2026
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In contrast, Binance just completed the conversion of its entire $1 billion SAFU fund into bitcoin by purchasing roughly 15,000 BTC. Additionally, Strategy continues to make weekly acquisitions, but BTC’s price fails to rebound in a meaningful manner.
More volatility is expected later today when the US January CPI numbers are released.
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US spot Bitcoin exchange-traded funds (ETFs) saw heightened selling on Thursday, with outflows accelerating the same day Standard Chartered lowered its 2026 Bitcoin forecast.
Spot Bitcoin (BTC) ETFs recorded $410.4 million in outflows, extending weekly losses to $375.1 million, according to SoSoValue data.
Unless Friday brings substantial inflows, the funds are on track for a fourth consecutive week of losses, with assets under management (AUM) nearing $80 billion, down from a peak of almost $170 billion in October 2025.
The selling coincided with Standard Chartered lowering its 2026 Bitcoin target from $150,000 to $100,000, warning that prices could fall to $50,000 before recovering.
“We expect further price capitulation over the next few months,” the bank said in a Thursday report shared with Cointelegraph, forecasting Bitcoin to drop to $50,000 and Ether (ETH) to $1,400.
“Once those lows are reached, we expect a price recovery for the remainder of the year,” Standard Chartered added, projecting year-end prices for BTC and ETH at $100,000 and $4,000, respectively.
Solana ETFs the only winners amid heavy crypto ETF outflows
Negative sentiment persisted across all 11 Bitcoin ETF products, with BlackRock’s iShares Bitcoin Trust ETF (IBIT) and the Fidelity Wise Origin Bitcoin Fund suffering the largest outflows of $157.6 million and $104.1 million, respectively, according to Farside.
Ether ETFs faced similar pressure, with $113.1 million in daily outflows dragging weekly outflows to $171.4 million, marking a potential fourth consecutive week of losses.
XRP (XRP) ETFs saw their first outflows of $6.4 million since Feb. 3, while Solana (SOL) ETFs bucked the trend, recording a minor $2.7 million in inflows.
Extreme bear phase not yet here as analysts expect $55,000 bottom
Standard Chartered’s latest Bitcoin forecast follows previous analyst forecasts that Bitcoin could dip below $60,000 before testing a recovery.
Crypto analytics platform CryptoQuant reiterated that realized price support remains at around $55,000 and has not yet been tested.
“Bitcoin’s ultimate bear market bottom is around $55,000 today,” CryptoQuant said in a weekly update shared with Cointelegraph.
“Market cycle indicators remain in the bear phase, not extreme bear phase,” CryptoQuant noted, adding: “Our Bull-Bear Market Cycle Indicator has not entered the Extreme Bear regime that historically marks the start of bottoming processes, which typically persist for several months.”
Related: Bernstein calls Bitcoin sell-off ‘weakest bear case’ on record, keeps $150K 2026 target
Bitcoin hovered around $66,000 on Thursday, briefly dipping to $65,250, according to CoinGecko data.
Despite ongoing selling pressure, long-term holder (LTH) behavior does not indicate capitulation, with holders currently selling around breakeven. “Historical bear market bottoms formed when LTHs endured 30–40% losses, indicating further downside may be required for a full reset,” CryptoQuant added.
Magazine: Bitcoin difficulty plunges, Buterin sells off Ethereum: Hodler’s Digest, Feb. 1 – 7
Aave Labs has asked tokenholders to approve a funding package worth about $50 million in exchange for redirecting all revenue from Aave-branded products to the Aave DAO treasury.
The proposal includes up to $42.5 million in stablecoins — $25 million as a primary grant and $17.5 million tied to product milestones. It also includes 75,000 Aave (AAVE) tokens, worth about $8 million at the time of writing. The stablecoin grants, if approved, will be streamed over time, and milestone payments will be released upon product launches.
In return, Aave Labs would route 100% of product-level revenue to the DAO. That includes fees generated by aave.com, the planned Aave App and Aave Card, Aave Pro, Aave Kit and Aave Horizon. The framework also asks tokenholders to ratify Aave V4 as the protocol’s long-term technical foundation and outlines plans to create a foundation to hold and steward the Aave brand.
The proposal would mark a shift in how Aave captures and distributes value. It would consolidate protocol and product revenue at the DAO level while shifting Aave Labs to a DAO-funded operating model after months of governance tension.
Governance concerns over voting power
The funding request drew scrutiny from some community members. Marc Zeller, founder of the Aave Chan Initiative, wrote that the $50 million package represents a significant portion of the DAO treasury.
He called for unbundling the vote into separate proposals covering revenue alignment, V4 ratification, foundation creation and funding.
Zeller also called for clearer definitions of “revenue” and independent verification of product income flowing to the DAO. He raised concerns over the 75,000 Aave token grant, noting that governance tokens carry voting power. He said entities receiving DAO tokens should disclose their wallet holdings.
Crypto commentator DefiIgnas described the proposal as a “big compromise” that AAVE holders “should like,” though he also said clearer disclosures around governance voting power tied to the 75,000 AAVE grant would be appropriate.
Aave Labs framed the proposal as a move toward a “token-centric” model that aligns value accrual with the DAO. Aave founder Stani Kulechov said on X that directing product revenue to the DAO would expand its capacity to fund growth and other initiatives.
“This would position the DAO to fund growth, increase buybacks, and pursue other opportunities as it sees fit,” Kulechov wrote.
Related: Vitalik draws line between ‘real DeFi’ and centralized yield stablecoins
Proposal follows rejected IP vote
The proposal follows another contentious governance episode recently. On Dec. 26, Aave tokenholders rejected a proposal to transfer control of the protocol’s brand assets to an entity under the DAO, with a majority voting against the measure.
On Jan. 3, Kulechov outlined a broader strategy to expand beyond decentralized finance (DeFi) lending and revisit how non-protocol revenue flows to token holders.
The current proposal formalizes elements of that vision, combining revenue consolidation, V4 ratification and a new foundation structure in a single strategic pitch.
The Temp Check, an initial signal vote to measure community support, was launched ahead of any binding onchain vote. If it advances, the proposal would move through additional governance stages before any funds are distributed.
Magazine: Hong Kong stablecoins in Q1, BitConnect kidnapping arrests: Asia Express
The loss was uncovered during an audit launched after a separate 320 Bitcoin custody failure, raising fresh concerns over digital asset management by authorities.
South Korean authorities are investigating after 22 Bitcoin seized in a 2021 case disappeared from a cold wallet at a Seoul police station, according to local media reports.
The 22 Bitcoin (BTC), worth about $1.5 million at current prices, were held by the Gangnam Police Station and discovered missing during a nationwide audit of digital asset custody practices, the Seoul Economic Times reported Friday.
Authorities reportedly said the 22 Bitcoin had been transferred externally, though the cold wallet storing the tokens was not stolen.
The investigation follows a separate case at the Gwangju District Prosecutors’ Office where 320 BTC, worth about $21.3 million at current prices, disappeared in August 2025. Prosecutors in that case blamed a leaked password as part of a phishing attack.
The cases are drawing scrutiny over the authorities’ ability to handle confiscated Bitcoin and the safekeeping practices of digital assets.
Related: South Korean crypto CEO stabbed in court during Haru Invest fraud trial
Audit uncovers broader custody failures
The National Police Agency reportedly initiated a review of seized cryptocurrency holdings across the country following the 320 Bitcoin case. During that review, officials discovered that the 22 Bitcoin previously submitted to the Gangnam station in November 2021 were no longer in custody.
The 22 Bitcoin were voluntarily submitted to authorities during an investigation in November 2021. The case is now suspended without a clear conclusion after the BTC disappeared.
The Gyeonggi Northern Provincial Police Agency is investigating the circumstances and potential individuals involved in the Bitcoin transfer.
Related: Google Cloud flags North Korea-linked crypto malware campaign
In January, South Korea’s Supreme Court ruled that Bitcoin held in centralized exchanges can be seized by investigators.
Bitcoin is now an “object of seizure” under the Criminal Procedure Act because it is electronic information with independent manageability, tradability and economic value.
The ruling means Korean users keeping their Bitcoin on exchanges may have their holdings frozen if linked to alleged criminal proceedings.
Magazine: How crypto laws changed in 2025 — and how they’ll change in 2026
TLDR:
- Praetorian Group CEO Ramil Palafox received 20-year sentence for operating $200M Bitcoin Ponzi scheme from 2019 to 2021.
- Over 90,000 investors worldwide lost at least $62.7M in the fraudulent cryptocurrency operation.
- Palafox promised daily returns of 0.5% to 3% but paid investors with their own or others’ money.
- CEO spent millions on 20 luxury cars, four homes, and designer goods from Rolex, Gucci, Ferrari.
Ramil Ventura Palafox, CEO of Praetorian Group International, received a 20-year prison sentence for orchestrating a Bitcoin Ponzi scheme that defrauded over 90,000 investors worldwide.
The U.S. Department of Justice announced the sentencing following Palafox’s conviction on wire fraud and money laundering charges.
The scheme collected more than $201 million between December 2019 and October 2021. Investors lost at least $62.7 million through the fraudulent operation.
Fraudulent Bitcoin Trading Operation
Palafox operated Praetorian Group International as a multi-level marketing and Bitcoin trading firm. The 61-year-old dual citizen of the United States and Philippines made false claims about the company’s trading activities.
He promised investors daily returns ranging from 0.5 to 3 percent on their Bitcoin investments. However, the company was not trading Bitcoin at a scale capable of generating such returns.
The scheme followed a classic Ponzi structure where early investors received payments from new investor funds. Palafox used incoming investments to pay returns to existing participants rather than generating profits through legitimate trading.
This model created an illusion of profitability while the operation remained fundamentally unsustainable. The company attracted global participation through aggressive marketing and promises of consistent returns.
During the operation’s peak, investors deposited more than $30 million in fiat currency into the scheme. Additionally, participants transferred at least 8,198 Bitcoin worth approximately $171.5 million at the time.
The company maintained a website portal where investors could monitor their supposed investment performance. This online platform consistently displayed fraudulent data showing account growth and positive returns.
Between 2020 and 2021, Palafox deliberately misrepresented investment performance through the portal. The fake data convinced victims their investments remained secure and profitable.
This deception prevented early detection and allowed the scheme to continue expanding. Many investors reinvested their purported gains based on the false information displayed on the platform.
Lavish Spending and Asset Seizures
Palafox diverted investor funds for personal luxury purchases and promotional expenses. He spent approximately $3 million acquiring 20 high-end vehicles from manufacturers including Porsche, Lamborghini, McLaren, and Ferrari.
The collection also featured automobiles from BMW, Bentley, and other premium brands. These purchases served both personal enjoyment and created an image of success to attract new investors.
Real estate acquisitions formed another major category of expenditure. Palafox purchased four homes across Las Vegas and Los Angeles with a combined value exceeding $6 million.
He also spent around $329,000 on penthouse suites at luxury hotel chains. These properties provided venues for meetings and demonstrations of wealth to potential investors.
Luxury goods purchases totaled an additional $3 million from high-end retailers. Palafox bought clothing, watches, jewelry, and home furnishings from brands like Louboutin, Gucci, Versace, and Cartier.
His shopping list included items from Ferragamo, Valentino, Rolex, and Hermes stores. He transferred at least $800,000 in cash to a family member along with 100 Bitcoin valued at approximately $3.3 million.
The FBI Washington Field Office and IRS Criminal Investigation collaborated on the investigation. Assistant U.S. Attorneys Jack Morgan and Annie Zanobini prosecuted the case alongside former Assistant U.S. Attorney Zoe Bedell.
The U.S. Attorney’s Office for the Eastern District of Virginia confirmed that victims may qualify for restitution payments. Affected investors can submit claims through the official channels established by the court.
Polygon price is showing fresh signs of recovery after weeks of steady selling. Since February 11, POL is up nearly 13%, and over the past 24 hours, it has gained around 5.4%, holding most of its rebound near $0.095.
At first glance, the structure looks similar to the setup that triggered Polygon’s 90% rally earlier this year. Price is stabilizing, momentum is improving, and buyers are active near support. But this time, one critical element is missing. The last rally began after sellers were fully flushed out. This time, that flush has not happened yet.
POL Price Repeats the Old Reversal Pattern, But Without a Clean Seller Flush
Before the January rally, Polygon formed a very clear bottom. Between December and early January, the POL price printed a sharp lower low in a single move. Sellers capitulated. Weak hands exited. That created a clean base for buyers to step in.
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This time, the structure is different.
Between January 31 and February 11, POL again made a lower low near $0.087, while the Relative Strength Index, or RSI, formed a higher low. RSI measures buying and selling strength, and this bullish divergence usually signals that selling pressure is weakening. But instead of one decisive breakdown candle, POL tested the same support area twice.
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Two separate candles touched the $0.087 zone. This creates a “lower-low zone” instead of a clean lower low.
That matters. When a market prints a single deep low, it usually means sellers have given up, hinting at exhaustion. When the price keeps revisiting the same level, it means sellers are still active. Supply has not been fully absorbed yet. So even though the technical pattern looks similar, the psychology is different.
The market has stabilized, but it has not been fully cleansed. That unfinished seller flush is the foundation of the entire twist.
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Muted Leverage and Rising Shorts Reflect Unfinished Selling Pressure
This incomplete flush is clearly visible in the derivatives data. During the January rally, leverage exploded early.
Open interest on Binance jumped from around $16.6 million to over $40 million, rising more than 140% in a few days. Traders rushed into long positions as soon as the price turned. This time, that has not happened. Since February 11, while POL gained nearly 13%, open interest has stayed near $18.80 million. There is no strong buildup of leverage yet. Possibly hinting at low conviction.
More importantly, funding rates are now negative, near -0.012. Funding rates show which side dominates futures markets. Negative rates mean short traders are paying longs. That signals growing bearish positioning.
In January, funding was positive. Traders were betting aggressively on upside. Now, shorts are building.
This fits perfectly with the price structure. Because sellers have not been flushed out, traders are still comfortable betting against the rally. They see unfinished downside risk. So instead of chasing longs, many are positioning for pullbacks. That lends a major hit to the supposed rally’s conviction.
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This keeps leverage restrained and momentum controlled. The rally is moving forward, but under constant pressure.
Whale Accumulation Is Supporting Price, But Not Forcing Capitulation
While traders remain cautious, large holders are behaving differently. Since early February, whale holdings have risen from around 7.5 billion to nearly 8.75 billion POL, an increase of about 16%. This shows that long-term buyers are accumulating quietly.
Their buying is the main reason the price keeps rebounding from the $0.087 area.
But whale accumulation has another effect. It absorbs supply without triggering panic. Instead of forcing weak sellers out, whales are slowly taking their coins. That stabilizes the price but delays capitulation. It is worth noting that during the last early-2026 rally, these Polygon whales hardly increased their stash.
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So the market ends up in between:
- Sellers are still present (not flushed out)
- Buyers are active
- No one is fully in control of the Polygon price
This is why the price is rising gradually, not explosively. And that might limit the rally potential going forward.
Key Polygon Price Levels Will Decide Whether Sellers Finally Get Flushed
With unfinished selling pressure still in the system, price levels now matter more than patterns. On the upside, the key level is $0.11.
A clean break above $0.118 would signal that remaining sellers are being overwhelmed. From current levels, that would be another 24% move. It would likely attract leverage and weaken short positions, finally completing the flush. Above that, targets open toward $0.137 and $0.186.
On the downside, the critical support zone is $0.083-$0.087. If POL breaks below that, the lower-low setup fails, and a new one starts forming. That would confirm that sellers still have control and that the unfinished flush is playing out. In that case, the price could slide toward $0.072 and $0.061.
CZ denies Binance ever traded on BitMEX or booked 60,000 BTC in hedge profits during the March 2020 crash, calling the viral allegation “fake news” and technically impossible.
Summary
- CZ responds to a viral post alleging Binance hedged client flow on BitMEX for over 60,000 BTC in profit during the March 2020 “Covid crash,” dismissing it as fabricated “fake news”.
- He stresses that Binance “never traded on BitMex” and points to the exchange’s once‑daily withdrawal schedule at the time as a practical barrier to real‑time hedging of that size.
- Commentators and BitMEX itself say there are no records of such flows, framing the debate as another example of rumor‑driven FUD and how old anecdotes morph into conspiracy narratives.
Binance founder Changpeng “CZ” Zhao has moved to quash fresh allegations that the exchange secretly booked more than 60,000 BTC in profits by hedging client risk on BitMEX during the March 2020 crash, dismissing the claim as “fake news” and emblematic of the rumor‑driven warfare that still defines much of crypto trading culture.
CZ pushes back on BitMEX hedge narrative
Responding to a viral post from Flood, CEO of fullstack_trade on Hyperliquid, CZ said the allegation that Binance hedged flow on BitMEX for over 60,000 BTC in profit during the Covid‑era liquidation cascade was entirely fabricated. “4. Fake news. They just making things up randomly now. Not sure what their goal is. I feel bad for the people believing this without seeing any proof,” he wrote, adding bluntly that “Binance never traded on BitMex.” Zhao tagged BitMEX co‑founder Arthur Hayes to underline a key operational constraint at the time, noting that “BitMex processes withdrawals only once a day,” a structure that would have made real‑time risk‑hedging of that magnitude effectively impossible.
BitMEX and traders call claim “impossible”
Market participants quickly weighed in to deconstruct the 60,000 BTC storyline. “Exactly. BitMEX’s once-a-day withdrawal window back in 2020 made it impossible for an exchange to use it for a real-time hedge of that size,” commentator Murtuza J. Merchant argued, stressing that “no entity would trap 60,000 BTC in a manual multi-sig during a black swan crash.” He suggested the “60k figure is likely just a garbled memory of old” market anecdotes rather than a verifiable trade record. BitMEX itself has since confirmed that it has no records supporting the alleged flows and pointed to its upgrade from once‑daily batched withdrawals to real‑time payouts as part of broader infrastructure changes since 2020.
FUD, Binance’s legacy, and market context
Not everyone accepted the “fake news” framing. One critic, posting under the handle Broly, countered that “Binance has had a major role in every major downfall of crypto,” citing the exchange’s role in the FTX collapse, its backing of LUNA before withdrawals were halted, and its influence around other major dislocations. The episode has been widely mocked as yet another round of competitive FUD, but it also underscores how opaque cross‑exchange flows, historical grievances, and incomplete memories can quickly harden into conspiracy narratives in a market that still trades on screenshots and hearsay as often as audited disclosures.
Market prices and further reading
This parabolic move comes as digital assets continue to trade as the purest expression of macro risk appetite. Bitcoin (BTC) is hovering around $68,280, with a recent 24‑hour range between roughly $64,760 and $71,450. Ethereum (ETH) is trading near the low‑$2,000 band, with prediction markets clustering key levels between about $1,940 and $2,100 over the near term. Solana (SOL) changes hands around $78–81, roughly flat on the session after a modest pullback from recent highs.
The previous Consumer Price Index (CPI) report was published on 13 January and had a significant impact on Bitcoin’s price. As the BTC/USD chart shows:
→ shortly after the release, the price surged aggressively to the 14 January peak;
→ it then reversed sharply lower (a sign of a bull trap), creating a bearish outlook — which we highlighted on 21 January;
→ subsequently, it broke through multi-month support and entered an accelerated decline towards the $60k area.
For this reason, today’s US inflation report (16:30, GMT+3) is drawing close attention across multiple markets, as it may have a substantial effect on both the dollar and traders’ appetite for risk assets, including Bitcoin.
Technical Analysis of the BTC/USD Chart
Bitcoin’s price swings have formed a descending channel, shown in red. Within this framework:
→ the lower boundary (L) appears to be key support. When the price dipped below it on 6 February, aggressive buyers stepped in, resulting in a candle with a long lower shadow;
→ the QL line, which divides the lower half of the channel into two sections, is acting as resistance — as reflected in price action on 9 February.
The ATR indicator is trending lower, signalling declining volatility, which suggests the market is awaiting important news. Higher inflation is generally seen as a factor that could delay interest rate cuts, strengthen the dollar and bond yields, and weigh on BTC/USD. Conversely, softer inflation would be supportive for cryptocurrencies.
If the CPI release does not produce major surprises, Bitcoin may continue to trade within the broad L–QL range.
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[PRESS RELEASE – Valletta, Malta, February 13th, 2026]
Qzino, a Web3-based crypto casino platform, has officially launched, introducing an ecosystem that integrates profit-sharing mechanisms, token-based rewards, and a broad gaming offering. The platform provides access to more than 10,000 games, including proprietary Qzino Originals, and incorporates token utility into its operational model.
Positioned as an alternative to traditional online casinos, Qzino integrates a revenue participation structure through its native QZI token. The token is designed to function as a profit-sharing mechanism within the platform’s ecosystem, allowing holders to receive distributions linked to overall platform performance, including during periods when they are not actively playing.
Simple and Transparent Profit-Sharing Model
QZI functions as a participation token within the Qzino ecosystem. According to the project, the token is structured to enable holders to receive distributions tied to the platform’s performance.
The model includes:
- Allocation of 30% of Qzino’s Net Gaming Revenue (NGR) to eligible participants
- A staking mechanism under which 3% of the staking pool is distributed daily to QZI holders
Under this structure, rewards may be generated both through platform activity and through token holding. The distribution framework is designed to operate according to predefined parameters outlined by the project.
Staking Mechanism and Token Supply Structure
The Qzino ecosystem incorporates a token model centered on mining and staking mechanisms. The QZI token has a capped total supply of 7,777,777,777 tokens and follows a predefined distribution framework outlined by the project.
Through the staking mechanism, eligible participants may receive daily distributions from the platform’s staking pool, subject to the platform’s terms and performance. The structure is designed to support ongoing token utility within the ecosystem and to align participation incentives with platform activity over time.
Cashback and Rakeback Program
Qzino includes a structured cashback and rakeback program as part of its platform model. According to the project, the system is designed to provide ongoing rewards tied to user activity.
The program includes:
- Cashback of up to 40%, distributed twice weekly, subject to platform terms
- Rakeback of up to 15%, calculated automatically and applied to eligible bets
These mechanisms are integrated into the platform’s broader rewards structure and form part of its operational framework within the crypto iGaming sector.
Integrated Mining Mechanism
At launch, Qzino includes a built-in mining mechanism integrated into platform activity. The system enables users to accumulate QZI tokens through participation, without requiring external hardware or specialized technical setup.
According to the project, the mining framework is designed to distribute tokens through user engagement prior to the activation of additional features such as profit-sharing and staking. The mechanism forms part of the platform’s broader token distribution model within its ecosystem.
Sports Betting Coming to Qzino
In addition to its casino offering, Qzino plans to integrate sports betting into the platform. The feature is intended to allow users to place cryptocurrency-based bets on major international sporting events.
According to the project, sports betting activity will be incorporated into the existing rewards framework, including cashback, rakeback, and token-based mechanisms. With this addition, Qzino aims to broaden its platform scope beyond casino gaming to include multiple forms of crypto-based betting within a single ecosystem.
AI-Supported Tools and Platform Accessibility
Qzino incorporates AI-based tools designed to support user experience within the platform. These tools assist with functions such as personalized game recommendations, basic analytics, and navigation, while gameplay decisions remain user-directed.
The platform is mobile-responsive, supports multiple languages, and is accessible to users in various jurisdictions, subject to local regulations. According to the project, registration is streamlined, KYC requirements are limited, and deposits and withdrawals are processed in cryptocurrency.
Affiliate Program and Market Positioning
In parallel with its player-facing features, Qzino has introduced a global affiliate program aimed at crypto-focused influencers, communities, and media partners. The program offers revenue share of up to 35%, including sub-affiliate commissions, with real-time performance tracking. Additional components include token-based incentives, airdrop campaigns, and free-to-play funnels, as outlined by the project.
“Our mission with Qzino is to create a platform where players don’t just gamble — they participate,” said Matero, Co-Founder of Qzino. “By combining profit-sharing, staking, and industry-leading cashback, we’re building an ecosystem where users genuinely benefit from the platform’s growth.”
The launch takes place amid continued growth in the crypto iGaming sector, particularly among platforms emphasizing transparency and blockchain-based mechanics. By combining gaming services with token-based participation models, Qzino seeks to establish a presence within the evolving Web3 gaming landscape.
For more information about Qzino and to join the platform, users can visit www.qzino.com.
About the Project
Qzino is a Web3-based crypto gaming platform designed to combine casino entertainment with tokenized revenue participation. Built around the QZI token, the project integrates profit-sharing, staking, mining mechanics, and a loyalty-driven rewards system into a single ecosystem.
The platform provides access to over 10,000 games, including proprietary Qzino Originals, with sports betting integration underway. By aligning platform growth with token holder participation, Qzino aims to introduce a sustainable, community-oriented model within the evolving crypto iGaming sector.
SECRET PARTNERSHIP BONUS for CryptoPotato readers: Use this link to register and unlock $1,500 in exclusive BingX Exchange rewards (limited time offer).
Chinese tech company Baidu, best known for its search engine, also operates cloud, mapping and other internet-based services.
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BEIJING — Baidu plans to give users of its main smartphone app direct access to the wildly popular artificial intelligence tool OpenClaw, according to a spokesperson for the Chinese tech company.
Starting later on Friday, users who opt in can message the AI agent through Baidu’s main search app to complete tasks such as scheduling, organizing files and writing code.
AI agents such as OpenClaw have surged in popularity recently for their ability to automate tasks, including managing email and using online services.
Previously, the Austrian-developed open-sourced AI agent could only be accessed from chat apps such as WhatsApp or Telegram. Chinese companies such as Alibaba, Tencent and Baidu have already allowed users to run OpenClaw on their cloud systems.
Baidu claims 700 million monthly active users for its search app. The company is also rolling out OpenClaw’s capabilities to its e-commerce business and other services.
The rollout comes just days ahead of China’s Lunar New Year holiday, as Chinese internet tech giants race to attract new users and monetize their AI investments.
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Alibaba has also integrated its e-commerce platforms, such as Taobao and travel site Fliggy, with its AI chatbot Qwen, and claimed it received more than 120 million consumer orders through the app in the six days through Feb. 11.
Qwen users can compare personalized product recommendations before completing payment through Alipay — all within the chatbot. Previously, the AI tool could suggest products based on prompts, but shoppers had to leave the app and navigate multiple platforms to complete their transactions.
Despite growing interest in AI agents such as OpenClaw, cybersecurity firms including CrowdStrike have warned the public about granting OpenClaw unfettered access to enterprise systems.
Boerse Stuttgart Group, operator of one of Europe’s largest stock exchanges, said it will merge its cryptocurrency business with Frankfurt-based digital asset trading firm Tradias in a strategic move to expand its presence in institutional crypto markets.
The transaction will consolidate about 300 employees under a joint management team from both companies, according to a Friday announcement.
The combined unit aims to cover multiple digital asset services, including brokerage, trading, custody, staking and tokenized assets. It will serve banks, brokers and other financial institutions across Europe, providing fully regulated crypto infrastructure, the announcement said.
Financial terms of the deal were not disclosed. Boerse Stuttgart and Tradias representatives declined to comment to Cointelegraph on the deal’s terms. Bloomberg reported the transaction could value Tradias at about 200 million euros ($237 million) and the combined entity at more than $590 million.
MiCA-compliant crypto custodian joins forces with BaFin-licensed bank
Boerse Stuttgart has been developing its regulated crypto infrastructure through its Boerse Stuttgart Digital arm, which provides trading, brokerage and custody services in accordance with the European Union’s Markets in Crypto-Assets Regulation (MiCA).
In 2025, Boerse Stuttgart reported tripling crypto trading volumes, accounting for a quarter of its total revenue in 2024. CEO Matthias Voelkel expressed a bullish stance on crypto and disclosed personal Bitcoin (BTC) holdings at the time.
The platform’s existing footprint in regulated digital assets positions the exchange group to expand offerings by combining technology with Tradias’ execution capabilities.
Operating as the digital assets arm of Bankhaus Scheich, Tradias is licensed as a securities trading bank by the German Federal Financial Supervisory Authority (BaFin).
“With the planned merger of Boerse Stuttgart Digital and Tradias, Boerse Stuttgart Group is driving the development and consolidation of the European crypto market,” Voelkel said.
Related: Denmark’s Danske Bank allows clients to buy Bitcoin and Ether ETPs
“We have built strong growth momentum in recent years. By merging with Boerse Stuttgart Digital, we will take the next logical step in our corporate development,” Tradias founder Christopher Beck noted, adding:
“Together, we will cover the entire value chain for digital assets and create a new European champion with significantly greater reach, strategic depth, and creative power for further market consolidation.”
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