Crypto World
Sui Blockchain Secures Institutional Backing as Grayscale Files ETF with Coinbase Custody
TLDR:
- Grayscale’s S-1 amendment for Sui ETF with Coinbase custody brings institutional capital access channels.
- zkLogin technology eliminates seed phrases by enabling Google, Face ID, and phone authentication methods.
- Object-centric architecture processes transactions simultaneously, maintaining sub-cent fees during peak usage.
- Move programming language prevents asset duplication and deletion, eliminating common smart contract exploits.
The Sui blockchain has entered a new phase of development in February 2026 as institutional finance shows increased interest in the platform.
Grayscale recently amended its S-1 filing for a Sui exchange-traded fund, naming Coinbase as custodian. This development marks a shift from retail-driven speculation toward institutional infrastructure adoption.
The move signals growing recognition of Sui’s technical capabilities and regulatory compliance standards within traditional finance circles.
Institutional Capital Opens New Access Channels
The Grayscale ETF filing represents more than a routine regulatory submission. Exchange-traded funds transform digital tokens into recognized financial instruments accessible to pension funds and retirement accounts.
These institutional investors can now gain exposure without managing wallets or private keys directly. Coinbase’s role as custodian addresses security and compliance requirements that traditional finance demands.
Bitcoin ETFs previously demonstrated how institutional access drives capital inflows at scale. However, Bitcoin had already matured before ETF approval.
Sui remains in earlier development stages, meaning institutional capital entering now carries greater relative impact. Fixed supply dynamics combined with increasing demand create favorable conditions for long-term growth.
The institutional validation extends beyond price speculation. Regulatory recognition attracts enterprise developers and commercial applications.
Projects building on blockchains with clear compliance pathways face fewer legal uncertainties. This regulatory clarity reduces friction for businesses considering blockchain integration.
Capital markets now view Sui as legitimate infrastructure rather than experimental technology. The shift reflects broader industry maturation as crypto moves from speculative trading toward functional utility.
Traditional finance involvement brings stability and resources that support long-term ecosystem development.
Technical Architecture Removes Adoption Barriers
Sui addresses two critical obstacles that have prevented mainstream adoption. The platform eliminates seed phrase requirements through zkLogin technology developed by partners, including Human.tech’s Wallet-as-a-Protocol and Ika.
Users authenticate with Google accounts, Face ID, or phone numbers while maintaining full asset control. Zero-knowledge authentication verifies identity without exposing private keys to third parties.
This onboarding simplification removes the most intimidating aspect of cryptocurrency usage. Traditional wallet setup requires writing down twelve-word phrases and understanding address systems.
Sui reduces this process to familiar login methods users already trust. The technology breakthrough makes blockchain accessible without requiring technical education.
The underlying architecture also delivers performance improvements. Sui employs an object-centric model where assets exist as independent objects rather than account balances.
Tokens, NFTs, and smart contracts process simultaneously instead of sequentially. This parallel execution prevents network congestion even during high-demand periods.
Transaction fees remain under one cent with finality achieved in approximately 400 milliseconds. The Mysticeti consensus upgrade further reduced latency.
Move programming language adds security advantages by treating assets as resources that cannot be copied or accidentally deleted.
This design eliminates common exploit categories, including reentrancy attacks. The combination of usability and technical performance positions Sui for practical application deployment across finance and gaming sectors.
Crypto World
Bitcoin set for monetary slingshot rebound
ProCap Financial chairman Anthony Pompliano predicted Bitcoin will benefit from a “monetary slingshot” as the Federal Reserve prints money to combat deflation.
Summary
- Pompliano sees Bitcoin gaining after deflation triggers money printing.
- BTC drop to $70K tests long-term debasement thesis for holders.
- Gold leads now, but Bitcoin may win in post-deflation phase.
Speaking on FOX Business, Pompliano said Bitcoin’s value proposition remains intact long-term, but investors must hold through periods when deflation masks currency debasement effects.
Bitcoin (BTC) fell 50% from its $126,000 all-time high to around $70,000 as deflation replaced inflation as the primary economic concern.
Pompliano framed this as a test for Bitcoin holders: “Can you hold an asset when there is not high inflation in your face on a day to day basis? Can you still believe in what Bitcoin’s value proposition is, which is it’s a finite supply asset.”
The analyst urged investors who “liked it at one hundred twenty six thousand, you should love it at seventy thousand.”
Monetary slingshot will devalue currency as deflation fades
Pompliano shared a scenario where money printing to fight deflation will eventually devalue the currency once the economy exits the deflationary period.
“We’re going to print a bunch of money to try to deal with deflation. And all of a sudden, as we come out of that thing, now we’re going to see that the currency has been devalued and Bitcoin becomes more valuable than ever,” he explained.
The timing creates a challenge for Bitcoin investors. Deflation suppresses immediate price action while the Fed implements policies that will benefit Bitcoin long-term.
“If they print money, Bitcoin is going higher over the long run,” Pompliano stated.
Real-time inflation data shows prices declining across categories. Rent has fallen 32 consecutive months while food and gas prices trend downward.
Artificial intelligence replaces jobs faster than expected, adding deflationary pressure. The U.S. economy faces pressure from three forces: tariffs, AI, and robotics, all pushing prices lower.
Bitcoin sold off as deflation overtook inflation concerns
Bitcoin rallied during summer 2025 on tariff-related inflation fears. Google searches for currency debasement spiked last month, benefiting gold and silver.
Bitcoin failed to participate in the rally as deflation replaced inflation as the dominant narrative.
“People were talking about, is inflation coming because of the tariffs? As soon as all of a sudden we realized it’s not coming. Well, do you need to put a ton of your money into Bitcoin if deflation is the bigger risk? And so I think that’s where you see the cooling off of Bitcoin,” Pompliano said.
Gold outperformed through central bank buying rather than retail debasement trades. Foreign central banks move away from all fiat currencies but “are not ready to buy Bitcoin.”
Crypto World
Figure Technology Data Breach Exposes Personal Customer Details
Figure Technology, a Nasdaq-listed blockchain-based lending firm, confirmed a data breach after attackers used social engineering to compromise an employee. A spokesperson cited by TechCrunch on February 13, 2026, said investigators found a limited set of files had been accessed and that the firm had begun notifying those affected and offering free credit monitoring. The disclosure comes amid continued scrutiny of security practices in crypto‑enabled financial services, where the value of open networks is matched by the risk of exposed personal data when staff can be manipulated into providing access.
Key takeaways
- Unauthorized access resulted from social engineering targeting an individual employee, yielding a limited quantity of files.
- Leaked material includes customers’ full names, home addresses, dates of birth and phone numbers, which could enable identity fraud or phishing attempts.
- The ShinyHunters group claimed responsibility on its dark‑web site, citing the data exfiltration after a ransom declined by the company and publishing roughly 2.5 gigabytes of data.
- Approximately 2.5 gigabytes of data were published by the attackers as part of the leak.
- Figure Technology announced it began notifying affected customers and offering free credit monitoring; the company had recently listed on the Nasdaq and launched the OPEN platform in January 2026.
- OPEN, short for On‑Chain Public Equity Network, enables issuing real shares on Provenance’s blockchain and allows direct lending of pledged shares, bypassing traditional brokers for certain activities.
Market context: This incident sits within a broader pattern of security episodes affecting crypto lenders and open‑finance platforms. While overall phishing losses in 2025 declined to about $83.85 million across Ethereum Virtual Machine chains, that trend does not imply phishing has ended; attackers adapt to market conditions and target staff or supply chains. The lull followed a mid‑2025 rally in the market, notably amid Ethereum’s strong rally in 2025, but risks remain high for users of on‑chain finance protocols.
Why it matters
For investors, the breach underscores the intertwined risks facing fintechs and crypto lending platforms that rely on open networks and real‑time settlement. The exposure of personal data heightens the potential for identity fraud and phishing campaigns aimed at Figure’s customers, complicating risk management for the company and its users.
For builders and platform operators, the incident highlights the ongoing need for robust authentication, staff training against social engineering, and zero‑trust architectures that limit data access even after a single employee is compromised. The January 2026 OPEN launch signals Figure’s ambition to reimagine the capital‑markets stack by enabling real shares on a blockchain, but the breach shows that security controls must keep pace with product innovation to sustain user trust.
From a market perspective, security incidents like this can influence sentiment around on‑chain equity solutions and related fintech services, especially as regulators scrutinize data privacy and the standards governing tokenized assets and cross‑border lending.
What to watch next
- Figure’s forthcoming disclosures on the scale of the breach, including the number of affected individuals and the exact data types exposed.
- Any regulatory notices or investigations stemming from the incident and their implications for data privacy in blockchain‑driven lending.
- Adoption metrics or governance updates tied to OPEN and its integration with the Provenance blockchain.
- Additional data releases or countermeasures from threat actors and any indications of ransom activity or negotiations.
- Figure’s assurances regarding the integrity of its services and remediation steps across its lending and custody workflows.
Sources & verification
- TechCrunch: Figure confirms data breach, with details on the social‑engineering vector and notification efforts (Feb 13, 2026). https://techcrunch.com/2026/02/13/fintech-lending-giant-figure-confirms-data-breach/
- ShinyHunters’ dark‑web leak page claiming 2.5 GB of Figure data published after the ransom note rejection.
- Figure IPO and valuation details reported by Cointelegraph at the time of the September listing and the IPO price of $25 per share that raised about $787.5 million.
- OPEN launch coverage and its description as a platform for issuing real shares on a blockchain and enabling peer‑to‑peer lending of pledged shares, per Cointelegraph reporting.
- Crypto phishing losses context and the decline in 2025, with data from Scam Sniffer and related Cointelegraph analyses on wallet drains and security trends.
Figure breach tests security of blockchain lending and OPEN platform
Figure Technology, a blockchain‑driven lending firm that trades on the Nasdaq, faced a data breach the company described as the result of social engineering aimed at an employee. A spokesperson cited by TechCrunch on February 13, 2026, said investigators found a limited set of files had been accessed and that the firm had begun notifying those affected and offering free credit monitoring. The disclosure comes amid continued scrutiny of security practices in crypto‑enabled financial services, where the value of open networks is matched by the risk of exposed personal data when staff can be manipulated into providing access.
The attackers’ method was not a broad, automated intrusion, but a targeted manipulation of an individual inside Figure’s organization. This distinction matters because it frames the breach not as a systems‑wide hack into a platform but as a social‑engineering incident that created a path to internal files. The information set exposed in some samples reviewed by TechCrunch included personally identifiable details such as full names, home addresses, dates of birth and phone numbers. The potential impact is twofold: identity theft and phishing campaigns that impersonate Figure or its affiliates, complicating the company’s remediation efforts and potentially eroding client trust.
In the wake of the breach, the security ecosystem around Figure has drawn attention to a dark‑web claim of responsibility by a known group. ShinyHunters asserted on its leak site that the operation was successful after the company refused to meet ransom demands and published roughly 2.5 gigabytes of data purportedly taken from Figure’s systems. The veracity and scope of the data remain under investigation, but the assertion underscores the ongoing danger of data exfiltration as a tactic in post‑breach pressure campaigns.
Figure Technology had gone public the previous September, selling shares at $25 each and raising about $787.5 million, with a reported initial valuation in the multi‑billion range. The company has since been pushing an expansion of its business model through new ventures like the On‑Chain Public Equity Network (OPEN), launched in January 2026 on its Provenance blockchain. OPEN is designed to let companies issue real shares and permit investors to lend or pledge those shares directly to one another, sidestepping traditional brokers, custodians, or exchanges. The move signals Figure’s attempt to fuse tokenized, on‑chain equity with a lending marketplace, aiming to create liquidity channels that are not tethered to centralized intermediaries.
As the breach unfolded, the industry watched for how aggressively Figure would respond: how quickly affected customers would be notified, what data would be offered for protection, and what steps the company would take to harden its systems. The incident also emphasizes the broader reality that security incidents in active crypto and fintech ecosystems can influence investor confidence in newly launched products and platforms that aim to shift how assets are issued and transferred on‑chain. While the OPEN platform promises a more direct and less intermediary‑dependent path for equity transactions, the breach invites closer scrutiny of Figure’s internal controls, access governance, and privacy protections for both retail and institutional users.
The incident is part of a larger narrative in which the crypto security landscape continues to evolve. Researchers have noted that phishing and wallet‑draining incidents surged in the past and then contracted in 2025, even as market cycles reignite risk appetites. The data view from Scam Sniffer shows a dramatic year‑over‑year decline in phishing losses and victims across Ethereum Virtual Machine chains, but security incidents remain a persistent threat, especially when attackers exploit human factors and cross‑system dependencies. The breach at Figure highlights that even as markets and technologies mature, operators must remain vigilant against social engineering and insider threats that can expose customer data and undermine trust in innovative financial services.
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Crypto World
Meme Coins Rebound as Santiment Signals Capitulation
Meme coin market capitalization reached $34.5 billion with a 3.5% gain over 24 hours, according to CoinGecko data.
Summary
- Meme coin market cap climbs to $34.5B with modest gains.
- Santiment calls “meme era dead” sentiment a capitulation sign.
- DOGE leads sector while Pump.fun posts strongest rebound.
Trading volume hit $2.89 billion as major tokens posted modest recoveries, with Pump.fun leading gains at 9.3% and Shiba Inu climbing 5.7% during the period.
Santiment identified a “nostalgia” narrative forming around meme coins as traders treat the sector as “permanently dead.”
The sentiment analytics platform called this collective acceptance of the “end of the meme era” a classic capitulation signal.
“When the crowd completely writes off a sector, it is often the contrarian time to start paying attention again,” Santiment reported.
Dogecoin leads market cap at $16.3 billion
Dogecoin (DOGE) holds $16.29 billion in market capitalization, accounting for 47% of the total meme coin sector. The token traded at $0.09659 with 4.3% gains over 24 hours.
Shiba Inu (SHIB) ranks second with $3.74 billion in market capitalization at a price of $0.006343. The token posted 5.7% gains over 24 hours and 1.1% over seven days.

MemeCore holds third position at $2.37 billion market capitalization but posted the weakest performance among top tokens. The coin traded at $1.36, down 4.5% over 24 hours and 18.9% over seven days.
Pepe (PEPE) maintains $1.59 billion in market capitalization at $0.003792 per token. The frog-themed coin gained 3.1% over 24 hours but declined 2.5% over seven days.
Pump.fun posts strongest 24-hour gains at 9.3%
Pump.fun recorded the sector’s strongest 24-hour performance with 9.3% gains to reach $0.0021. The token holds $1.24 billion in market capitalization with seven-day gains of 1.3%.
The overall meme sector shows mixed signals. While 24-hour performance appears positive with market cap climbing 3.4%, seven-day charts reveal most tokens remain under pressure.
Only Shiba Inu and Pump.fun posted positive weekly gains among the five largest meme coins tracked.
Santiment’s capitulation signal comes from widespread trader pessimism declaring the meme coin era finished.
Crypto World
Best Altcoin to Watch Now as Bitcoin (BTC) Is Down Almost 50% From ATH
As Bitcoin (BTC) struggles to regain its former highs and crypto prices today remain under pressure, investors are looking for altcoins that can outperform during market consolidation. One project capturing attention is Mutuum Finance (MUTM), a next-generation DeFi platform currently in its Phase 7 presale. With its innovative design, rewarding mechanisms, and growing ecosystem, MUTM is positioning itself as a promising alternative for both new and seasoned crypto investors.
Entry Price Advantage
Currently valued at $0.04, the MUTM token has surged an impressive 4x from its initial $0.01 price. So far, $20.52 million has been raised, and the holder count sits at around 18,980. In each presale phase, the price of the MUTM token has increased by nearly 20%, making it one of the best crypto options for early investors.
In fact, investing now while using crypto or cards could be particularly advantageous, as the potential launch price of $0.06 is still ahead. This means investors today could potentially enjoy growth of around 50%. For example if someone invests $2,000 today, at the anticipated launch price the total value holding will reach $3,000. With a current entry price of $0.04, MUTM presents an excellent opportunity to start accumulating before launch.
Mutuum Finance (MUTM) Launched on Ethereum (ETH) Testnet
A key reason for MUTM’s rising prominence is the recent launch of its V1 protocol on Ethereum (ETH)’s Sepolia testnet. This environment allows users to interact with fully functional smart contracts without using the real assets in a risk-free setting, creating confidence ahead of the mainnet release. During this phase, participants can explore features such as lending, liquidity pools, mtTokens representing lender shares, debt tokens for borrowers, and a liquidator bot ensuring system solvency.
Launching V1 protocol on the testnet gives the community early access to experience the protocol before the mainnet release. This phased deployment enhances transparency, encourages early engagement, and allows the development team to collect practical feedback for optimization. As more users interact with the testnet, confidence in the ecosystem is expected to grow, supporting long-term interest and demand for the MUTM token making it one of the top altcoin options to buy now.
Looking ahead, the team will introduce peer-to-peer (P2P) lending, enabling users to negotiate loans directly without intermediaries. This feature will drive more platform activity, generating additional fees and increasing organic demand for MUTM. By giving investors early exposure to its protocol, Mutuum Finance (MUTM) is cultivating trust and a committed community — essential ingredients for sustainable growth in the DeFi arena.
Alongside lending, analysts say Mutuum Finance (MUTM) is planning to launch its own stablecoin. Designed to stay near $1, it will only be minted against crypto collateral and burned upon loan repayment or liquidation. This structure ensures value preservation and liquidity circulation, which will reinforce MUTM’s utility and support consistent borrowing and lending activity. Stablecoins have historically anchored thriving DeFi ecosystems, and this implementation could further accelerate MUTM adoption hence increase its value to somewhere $0.5 to $1 within a year.
Buy-and-Distribute Model Creates Sustained Demand
Another compelling factor that makes MUTM the best altcoin to watch is its buy-and-distribute model. Revenue generated from lending and borrowing will be used to repurchase MUTM tokens from the open market. These tokens are then distributed to mtToken stakers as rewards, incentivizing active participation and reinforcing long-term MUTM demand.
This mechanism ensures that the platform’s growth directly benefits its community. The more users interact with Mutuum Finance (MUTM), the more revenue is generated, fueling further buybacks and rewards.
With Bitcoin (BTC) under pressure, Mutuum Finance (MUTM) offers investors a compelling alternative. Its carefully designed ecosystem, presale incentives, and sustainable tokenomics make MUTM one of the best altcoins to watch now. As the platform moves closer to mainnet, MUTM is likely to capture further attention, making this phase of the presale an attractive window for potential gains.
For more information about Mutuum Finance (MUTM) visit the links below:
Website: https://www.mutuum.com
Linktree: https://linktr.ee/mutuumfinance
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
Crypto World
Elon Musk’s X (Twitter) Is Launching Crypto Trading Features
Social media platform X, formerly known as Twitter, is set to integrate stock and cryptocurrency trading directly into user feeds.
This move marks a significant escalation in Elon Musk’s bid to transform the platform into a dominant player in financial technology.
On February 14, Nikita Bier, X’s head of product, said the new functionality will allow users to execute trades immediately after discovering an asset on their timeline.
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The feature centers on “Smart Cashtags,” an evolution of the platform’s existing indexing system. Currently, users prefix ticker symbols with dollar signs—such as $BTC for Bitcoin—to create clickable links.
Under the new system, tapping these symbols will display live price charts and related posts, and offer direct trading options.
This development is the company’s latest move to reduce friction when switching between social media and brokerage applications. By bridging these functions, the update potentially accelerates how quickly retail investors can act on information
The integration is a cornerstone of Musk’s broader strategy to evolve X into an “everything app.” Notably, he has championed this concept since acquiring the company in 2022.
The vision mirrors the utility of Asian “super apps” that combine messaging, social networking, and payments.
Over the past years, X has ramped up efforts to build a financial ecosystem. The firm has laid the groundwork for peer-to-peer transfers, daily consumer payments, and now, active investing.
However, the intersection of social media hype and financial speculation poses moderation challenges.
Bier noted that while the company intends for cryptocurrency to proliferate on the platform, it remains cautious regarding user experience.
He warned that applications that create incentives for spam, raiding, or harassment will not be supported. According to him, such behavior “meaningfully degrades the experience for millions of people.”
So, as X transitions from a town square to a trading floor, the company faces the dual challenge of competing with established brokerage firms while navigating the regulatory complexities inherent in facilitating financial transactions for a global user base.
Crypto World
Figure Technology Data Breach Exposes Customer Personal Information
Figure Technology, a blockchain-based lending firm, was reportedly hit by a data breach after attackers manipulated an employee in a social-engineering scheme.
The incident allowed hackers to obtain “a limited number of files,” a company spokesperson told TechCrunch. The company said it has begun notifying affected parties and is offering free credit-monitoring services to anyone who receives a breach notice.
Details about the scope of the incident, including how many users were affected or when the intrusion was detected, were not disclosed publicly. Cointelegraph reached out to Figure for comment, but had not received a response by publication
The hacking collective ShinyHunters claimed responsibility on its dark-web leak site, alleging the company declined to pay a ransom. The group published roughly 2.5 gigabytes of data said to have been taken from Figure’s systems.
Related: ‘Hundreds’ of EVM wallets drained in mysterious attack: ZachXBT
Leaked Figure data includes names, addresses
TechCrunch reported that it reviewed samples of the leaked material, which included customers’ full names, home addresses, dates of birth and phone numbers. This information could be used for identity fraud and phishing attempts.
As Cointelegraph reported, crypto phishing attacks linked to wallet drainers dropped sharply in 2025, with total losses falling to $83.85 million, an 83% decline from nearly $494 million in 2024, according to Web3 security firm Scam Sniffer. The number of victims also fell to about 106,000, down 68% year over year across Ethereum Virtual Machine chains.
Researchers said the drop does not mean phishing has disappeared. Losses closely tracked market activity, rising during periods of heavy onchain trading and easing when markets cooled. The third quarter of 2025, during Ethereum’s strongest rally, recorded the highest losses at $31 million, with monthly totals ranging from $2.04 million in December to $12.17 million in August.
Related: Crypto hack counts fall, but supply chain attacks reshape threat landscape
Figure Technology goes public
Figure Technology went public in September last year, listing on the Nasdaq Stock Exchange. The fintech firm, known for its blockchain-based lending, priced its initial public offering (IPO) at $25 per share, raising $787.5 million and achieving an initial valuation of approximately $5.3 billion to $7.6 billion.
Last month, Figure Technology launched the On-Chain Public Equity Network (OPEN), a platform on its Provenance blockchain that lets companies issue real shares and allows investors to lend or pledge those shares directly to one another without traditional brokers, custodians or exchanges.
Magazine: Meet the onchain crypto detectives fighting crime better than the cops
Crypto World
Kevin O’Leary Wins $2.8 Million Defamation Judgment Against BitBoy Crypto
Kevin O’Leary just walked away with a $2.8 million courtroom win. The Shark Tank investor secured a default judgment against former crypto influencer Ben Armstrong, better known as BitBoy Crypto.
The funny thing? Armstrong did not even properly defend himself. A federal judge in Florida stepped in and awarded heavy punitive damages after claims surfaced that Armstrong publicly called O’Leary a “murderer.”
- Judge Beth Bloom awarded O’Leary $2 million in punitive damages plus $750,000 for emotional distress.
- The court rejected Armstrong’s attempt to blame the default on mental health struggles and incarceration.
- Armstrong previously taunted O’Leary online, posting his personal phone number and alleging a cover-up regarding a 2019 boat crash.
The Feud Behind Kevin O’Leary Lawsuit
This whole fight traces back to a tragic 2019 boat crash involving O’Leary’s wife, Linda, where two people lost their lives. She was fully acquitted in 2021. Case closed.
Years later, Armstrong went online and ignored that outcome completely. He posted claims saying O’Leary and his wife “murdered a couple and covered it up.” Then it escalated. He shared O’Leary’s private phone number and urged followers to call him, throwing out lines like he was a “rabid dog” going after him.

At one point, Armstrong even mocked critics by asking, “What are you gonna do, sue me?”
Turns out, that is exactly what happened. And on March 26, 2025, he got his answer in court.
Breaking Down the $2.8 Million Judgment
The ruling included $78,000 for reputational damage and $750,000 for emotional distress.
O’Leary even pointed to increased security measures and changes to studio access because of fears tied to Armstrong’s online following.
Then came the real blow. An extra $2 million in punitive damages, meant to send a message. Armstrong had already defaulted after failing to respond to the lawsuit in 2025. He later tried to undo that default in early 2026, arguing incarceration and mental health struggles kept him from defending himself.
The court did not buy it.

This judgment adds to what has already been a brutal stretch for Armstrong, who was pushed out of the HIT Network and is now staring at serious financial fallout.
The post Kevin O’Leary Wins $2.8 Million Defamation Judgment Against BitBoy Crypto appeared first on Cryptonews.
Crypto World
Massive 500% PI Surge Forecast as Pi Network Leadership Sends Key Message
The PI token is among the notable gainers in the past 24 hours and has risen far above its recent all-time low.
Despite growing criticism and controversy surrounding the project, many Pioneers continue to publicly praise and support the Pi Network Core Team and the ecosystem they have built.
The underlying asset has finally shown notable signs of recovery, prompting a prominent analyst to hint at buying PI and making bold price predictions.
“Adding Some PI”
Captain Faibik, a renowned cryptocurrency analyst with well over 100,000 followers on X, made a rare call on Pi Network’s native token. In a recent tweet, Faibik outlined their 500% surge expectation for PI after explaining that they had added some of the token for the midterm.
Adding Some $PI for the Midterm..!!
Expecting +500% Bullish Rally..🔜#Crypto #PI #PIUSDT pic.twitter.com/LQppQBAblo
— Captain Faibik 🐺 (@CryptoFaibik) February 14, 2026
PI has performed rather well in the past day, jumping by 10% to over $0.16. This means the asset is now 23% higher than its all-time low of $0.1312, set on February 11. Despite this daily increase, PI remains deep in the red on almost all other scales, down nearly 95% from its all-time low recorded last February.
If Captain Faibik’s 500% surge prediction is to come true, the token could be on its way to $1. However, that seems unlikely at the moment, given the overall market environment and PI’s inability to stage a longer, more profound recovery.
There’s a big elephant in the Pi Network room for the next few weeks. The token unlock schedule from PiScan indicates that, on average, more than 7.2 million PI will be released daily over the next month, but the number will frequently exceed 13.5 million by February 25. The unlocks will ease in March, though.
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These large unlocking events are viewed as bearish, as they can increase immediate selling pressure from investors who have been waiting for their tokens for a long time.
Co-Founder Speaks Out
Pi Network’s Core Team has faced significant scrutiny over the past several weeks. However, this didn’t stop them from announcing a new series of upgrades with a February 15 deadline for Mainnet nodes.
One of the project’s co-founders, Dr. Nocolas Kokkalis, also issued the same reminder to his over 120,000 followers on X, claiming that the PI nodes are the “4th role in the PI ecosystem.” He urged users to run the PI node on their laptop or desktop to validate transactions, strengthen network security, and support global consensus and trust.
🚀 Pi Nodes — The 4th Role in the Pi Ecosystem 🌐
💻 Run Pi Node on your laptop or desktop and help power decentralization:
✅ Validate transactions on a distributed ledger
🔐 Strengthen network security
🌍 Support global consensus & trust
⚡ Every node makes the network stronger… pic.twitter.com/jrxy0IKSyM— Dr. Nicolas Kokkalis (@drnicolas_) February 14, 2026
SECRET PARTNERSHIP BONUS for CryptoPotato readers: Use this link to register and unlock $1,500 in exclusive BingX Exchange rewards (limited time offer).
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
Crypto World
Figure Blockchain Lender Confirms Customer Data Breach Following Social Engineering Attack
TLDR:
- Figure Technology employee tricked in social engineering attack enabling unauthorized data access
- ShinyHunters published 2.5GB of customer data including names, addresses, and phone numbers
- Attack part of broader campaign targeting companies using Okta single sign-on authentication
- Figure offers free credit monitoring and maintains customer funds remain secure despite breach
Figure Technology disclosed a customer data breach on Friday after an employee fell victim to a social engineering attack.
The blockchain lender confirmed that hackers accessed limited customer files through the compromised account. Hacking group ShinyHunters claimed responsibility for the incident and published approximately 2.5 gigabytes of stolen data. The company has launched a forensic investigation and implemented additional security measures.
Attack Details and Compromised Information
Figure explained the breach in a statement, noting that attackers manipulated an employee through deceptive tactics to gain unauthorized system access.
“We recently identified that an employee was socially engineered, and that allowed an actor to download a limited number of files through their account,” the company said. Figure identified the incident quickly and responded to contain the threat.
The lender emphasized its swift response to the security incident. “We acted quickly to block the activity and retained a forensic firm to investigate what files were affected,” Figure stated. The company worked to determine the full scope of compromised data following the discovery.
ShinyHunters stated that Figure refused to pay a ransom demand before publishing the stolen data. TechCrunch reviewed portions of the leaked files and confirmed they contained sensitive customer information.
The exposed data includes full names, home addresses, dates of birth, and phone numbers of affected individuals.
The New York-based lender specializes in home equity lines of credit using its Provenance blockchain platform. Founded in 2018, Figure went public in September 2025 under ticker symbol FIGR.
The initial public offering raised $787.5 million and valued the company at approximately $5.3 billion.
Broader Campaign and Company Response
A ShinyHunters member told TechCrunch the attack was part of a larger campaign targeting organizations using Okta single sign-on services.
Harvard University and the University of Pennsylvania were among other alleged victims in this widespread operation. The connection suggests a coordinated effort exploiting vulnerabilities in shared authentication systems.
Figure is communicating with partners and affected customers about the breach. “We are offering complimentary credit monitoring to all individuals who receive a notice,” the company said. These protective measures aim to help customers guard against potential identity theft or fraud.
The lender reassured customers about account security despite the data exposure. “We continuously monitor accounts and have strong safeguards in place to protect customers’ funds and accounts,” Figure stated. The company maintains that customer funds remain secure throughout the incident.
Data breaches have become increasingly common across industries in recent years. Privacy Rights Clearinghouse reported over 8,000 notification filings in 2025 tied to more than 4,000 separate incidents. These breaches affected at least 374 million people throughout the year.
Figure announced a secondary public offering on the same day as the breach disclosure. The company plans to offer up to 4.23 million shares of Series A Blockchain Common Stock.
The stock closed Friday up 3.57% at $35.29, though it has declined 37% over the past month.
Crypto World
Memecoin Market Signals Classic Capitulation, Santiment Warns
A reversal in memecoins could be on the horizon even as broader crypto markets remain choppy, according to a contemporary assessment from Santiment, a sentiment analytics platform. The report frames a period of renewed attention on meme-friendly tokens after a prolonged pullback, suggesting that capitulation in a beaten-down niche sometimes creates the setup for a contrarian rebound. While Bitcoin and other major assets waver in recent sessions, chatter around nostalgia for meme assets has grown louder among some traders, who view it as a potential precursor to a bottoming process.
Key takeaways
- Memecoin market capitalization declined 34.04% over the last 30 days to roughly $31.02 billion, amid a broader crypto downturn that pushed Bitcoin near $60,000 on Feb. 3.
- Among the top 100 memecoins, Pippin (PIPPIN) jumped about 243.17% over the past week, with Official Trump (TRUMP) and Shiba Inu (SHIB) up modestly, at around 1.37% and 1.11% respectively.
- Historically, meme-sector capitulation can precede a contrarian rebound, as traders begin to re-enter sectors written off by the crowd.
- Analysts are increasingly debating whether the traditional rotation pattern—Bitcoin to Ethereum to risky altcoins—will repeat in a more mature market environment.
- Market sentiment on social channels has swung toward fear in places, potentially signaling room for a rebound should disappointment translate into renewed demand.
Tickers mentioned: $BTC, $ETH, $SHIB, $TRUMP, $PIPPIN, $DOGE
Sentiment: Neutral
Price impact: Negative. The memecoin segment hastrended lower, underscoring broad risk-off conditions even as some tokens show selective strength.
Trading idea (Not Financial Advice): Hold. While contrarian signals emerge, the overall risk environment remains unsettled, and selective movers could drive bursts of activity without guaranteeing a sustained recovery.
Market context: The memecoin cycle is navigating a quieter macro backdrop where Bitcoin’s performance has become less predictable, and institutional interest across larger assets is reshaping rotation dynamics. The emerging narrative around nostalgia and capitulation is intersecting with caution around broader price action and liquidity in crowded meme markets.
Why it matters
The memecoin ecosystem has long functioned as a barometer for retail appetite and market psychology. When a segment is broadly dismissed, it can trap participants into a capitulation phase that retests key support levels and creates an attractive entry point for those willing to assume risk. Santiment highlights this phenomenon, arguing that a widespread perception of the “end of memes” can become a contrarian catalyst: as fear ascends and attention wanes, the crowd may underprice the stakes for a rebound. This perspective matters because it shifts the calculus for traders who monitor narrative shifts and social sentiment as leading indicators of turning points.
The current data show that the total memecoin market cap has slipped to about $31.02 billion after a 30-day decline of more than a third, a reminder that meme assets are highly sensitive to liquidity and risk sentiment. While the top tokens have posted a mixed set of movements—PIPPIN experiencing a remarkable spike while others like TRUMP and SHIB have posted modest gains—the broader decline underscores how intrinsic volatility can outpace narrative-driven optimism. In this setting, investors who watch for a bottom rather than a rally may find value in the patience that often precedes a durable recovery, provided macro conditions and on-chain signals align.
Historically, the conventional cycle has seen risk-on capital flow from Bitcoin into Ethereum and then into a suite of altcoins. Yet as Bitcoin matures and institutions become more deeply involved, some analysts question whether this rotation will function in the same way. The possibility of a more selective altseason—where only a subset of coins leads—adds a layer of uncertainty to mid-cycle expectations. In practice, this means that even if Penned narrative of a meme revival gains traction, it could unfold unevenly across the memecoin universe rather than delivering a broad-based uplift.
Beyond price action, the social sentiment surrounding the crypto market has shown a tilt toward bearish commentary in some corners, even as price figures recover in isolated pockets. Santiment cautions that market psychology often moves in opposition to mainstream expectations, and that the crowd’s skepticism may ultimately become a stabilizing force that helps avert parabolic moves before a more sustainable climb materializes. In this framing, the latest data do not promise an immediate bull market but do suggest that the door remains open for a repricing of risk if sentiment shifts and liquidity returns to the space.
In sum, the current landscape presents a paradox: a market that has endured a meaningful retracement in memecoins while simultaneously hosting pockets of strength in specific tokens, alongside contrarian narratives that hinge on capitulation dynamics. The balance between fear-driven selling pressure and recovering demand will likely determine whether the memecoin sector forms a bottom or slides further before any meaningful revival takes hold.
What to watch next
- Monitor whether memecoin market capitalization stabilizes above the recent troughs, or if further declines materialize over the next few weeks.
- Track social sentiment gauges and Santiment’s weekly updates for signs that fear is transitioning toward cautious optimism.
- Observe price action of standout memecoins such as PIPPIN, TRUMP, SHIB, and DOGE for sustained momentum rather than short-lived spikes.
- Watch Bitcoin’s price dynamics around key levels (for example, the $60,000 zone) to gauge broader risk appetite and its influence on altcoin rotations.
- Look for any regulatory or exchange-driven developments tied to meme tokens that could alter liquidity or accessibility for meme-focused projects.
Sources & verification
- Santiment’s weekly insights and commentary on nostalgia in memecoins and contrarian signals as part of This Week in Crypto (W2 February 2026).
- CoinMarketCap memecoin overview page documenting overall market cap declines and relative performance across the top memecoins.
- CoinMarketCap Dogecoin page for price dynamics and historical context within the memecoin ecosystem.
- Bitcoin price context and recent price levels referenced by market data and coverage on BTC price movements.
- Official price indices and trackers used to illustrate specific token movements such as PIPPIN, TRUMP, and SHIB.
Market signals point to a potential memecoin reversal amid a cautious market
In a crypto landscape characterized by fluctuating liquidity and evolving risk appetite, a contrarian view on memecoins is gaining traction. The latest data indicate that the broader memecoin sector has contracted sharply, with a 34.04% decline in market capitalization over the prior 30 days to about $31.02 billion, even as select tokens produced outsized moves. Across the top 100 memecoins, a handful of projects posted notable performance: Pippin (PIPPIN) surged about 243.17% over the past week, outperforming the pack as other meme assets logged much smaller gains. Official Trump (TRUMP) and Shiba Inu (SHIB) registered modest increases of roughly 1.37% and 1.11%, respectively.
From a narrative standpoint, the discussion around a possible “end of the meme era” has evolved into a potential contrarian catalyst. Santiment argues that when a segment becomes visibly written off, it can invite renewed attention from traders who view such capitulation as a sign that the worst is potentially behind them. The logic behind this stance is simple: when the crowd exits a space in force, the subsequent re-entry can generate price discovery that is less about hype and more about selective demand, especially if other indicators align.
Yet the market’s anatomy remains mixed. The memecoin sector’s downbeat price drift fits within a broader risk-off environment, where Bitcoin’s moves have been less tethered to a single direction. In the most recent sessions, the cryptocurrency king traded around the $60,000 mark—an approximate level that critics say has become a touchstone for risk tolerance and liquidity shifts in the ecosystem. The interaction between Bitcoin’s price path and altcoin dynamics remains a critical driver of whether a durable memecoin rebound can take hold. The observed divergence—where a few tokens post sharp gains while the overall segment remains under pressure—suggests that any recovery may be selective rather than universal, with tokens that boast stronger narrative or utility leading the way.
Within this frame, market participants are also weighing the potential impact of longer-term structural factors. As institutional engagement grows and the market matures, some analysts question whether the old rotation—BTC first, ETH next, then a broad ascent in riskiest altcoins—will reassert itself. The prospect of a more solo-driven altseason, anchored by select tokens rather than a broad rally, could define the next phase of meme-market activity. In practice, this means that investors aiming to capitalize on a memecoin revival will need to identify catalysts beyond mere hype—whether through on-chain signals, narrative momentum, or fundamental developments within specific projects.
The social sentiment backdrop adds another layer of nuance. Santiment has pointed to a notable tilt toward bearish commentary in some channels, even as prices rebound in isolated pockets. The juxtaposition of gloom and opportunity highlights a key tension in modern crypto markets: the possibility that fear can coexist with opportunities for meaningful gains if and when buyers return to the space with conviction. Taken together, these factors establish a framework in which a memecoin reversal is plausible but not guaranteed, contingent on liquidity, narrative durability, and the broader macro environment.
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