TeraWulf's Q1 2026 Net Loss Surged to Over $427 Million, With AI Compute Revenue Beating Bitcoin Mining

The Central Bank of Iran purchased $507 million in Tether's USDT over a year to stabilize the Iranian rial and facilitate international trade, using a network of crypto wallets. Elliptic's research revealed the CBI's strategic use of USDT to evade sanctions and support the currency.

Ondo Finance is expanding its tokenized equities business to Solana, introducing over 200 tokenized U.S. stocks and exchange-traded funds to the high-speed blockchain for the first time. The move aims to make traditional financial assets more accessible through onchain infrastructure while maintaining price parity with traditional markets.

Guernsey authorities have seized $11.4 million in assets related to the OneCoin fraud, following a court decision upholding an overseas forfeiture order. The funds were held in an account at RBS International under the name Aquitaine Group Limited.

Galaxy, led by Mike Novogratz, is launching a $100 million hedge fund investing in crypto tokens and financial services stocks. The fund aims to capitalize on changes in digital asset technologies and laws, attracting investments from various sources.

Gaming tokens like Axie Infinity and The Sandbox have seen significant gains despite Bitcoin's lower trading. This trend may indicate a shift in trader focus due to project-specific catalysts rather than capital rotation.

The President’s Council of Advisors on Digital Assets criticized Coinbase for withdrawing support from the Senate's crypto market structure bill. Concerns were raised about provisions on stablecoin rewards, tokenized equities, and regulatory scope, with industry players warning of potential harsher regulations in the future.

Lawmakers are considering expanding the CFTC's oversight of crypto markets, which would necessitate hiring more staff and enhancing technical expertise. The agency's workforce has decreased by about 21.5%, posing challenges in adapting to the evolving regulatory landscape.

Delaware Life Insurance Company has introduced a fixed indexed annuity linked to the BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index, providing indirect exposure to Bitcoin through an ETF. This innovative product offers principal protection with limited growth potential, appealing to financial professionals and their clients.

The crypto market's total capitalization has dropped to $3.01 trillion, with Bitcoin and Solana breaking critical support levels. Bitcoin's price fell to $89,208, breaking an ascending trendline and invalidating a recent "golden cross" formation.

Trump Media and Technology Group plans to distribute tokens to shareholders, setting a cutoff date for investors on Feb. 2. The tokens, minted in partnership with Crypto.com, will not represent interest in Truth Social or be transferable for cash.