In response to the lawsuit filed by Terraform Labs' bankruptcy administrators, Jane Street stated that the lawsuit is a transparent case of financial exploitation. Jane Street claims that the losses suffered by Terra and Luna holders were caused by a multi-billion dollar fraud perpetrated by Terraform Labs management. Previously, Terraform Labs' bankruptcy administrators sued Jane Street, accusing it of using insider information to engage in premature trading, accelerating the collapse of TerraUSD and Luna in 2022. The lawsuit alleges that within 10 minutes of Terraform Labs withdrawing 150 million UST from Curve3pool, a wallet associated with Jane Street also withdrew 85 million UST from the same pool, triggering market panic. Jane Street denies these allegations, calling them baseless speculation.

Hong Kong's Financial Secretary, Paul Chan, has announced proposed improvements to the Mandatory Provident Fund (MPF) system aimed at protecting employee rights and increasing investment flexibility for trustees and service providers. According to RTHK, the MPF Authority plans to consult stakeholders this year, with the government set to submit amendment bills. The first phase of the MPF 'Full Portability' scheme, implemented this year, covers employees who joined after May last year. The government intends to expand this scheme to include employees who joined earlier, with legislative amendments expected in the first half of next year. Chan also mentioned that next month, the government will release consultation results and specific measures to strengthen regulations on money lenders, addressing excessive borrowing and enhancing citizen protection. The budget proposal aims to enhance Hong Kong's role as a major corporate treasury center, boosting the appeal of the 'bring in, go out' platform. Mid-year, authorities will announce a series of optimization measures, including additional tax incentives and flexibility for corporate treasury centers and affiliated companies, as well as the introduction of a pre-approval mechanism. Since the implementation of the company re-domiciliation system last year, 22 cases have been approved, with around 20 applications currently being processed. Chan emphasized the need for increased external promotion to attract more businesses to Hong Kong. He also suggested relaxing stamp duty exemption criteria for intra-group asset transfers, expanding the scope of eligible associated corporate entities to facilitate internal corporate restructuring. Legislative amendments will be submitted within the year, applicable to documents signed from today. Additionally, Chan stated that the government will explore providing tax incentives for qualified institutions conducting gold trading and settlement in Hong Kong. Efforts will be made to assist the industry in establishing associations to pool resources, enhance promotion, expand connections with domestic and international industry players, and develop training frameworks.

The IoTeX team has released an update regarding the ioTube cross-chain bridge security incident that occurred on February 21st. The IoTeX mainnet fully resumed operation at 6:06 AM on February 24th. Mainnet version 2.3.4 permanently banned 29 attacker addresses and froze approximately 45 million IOTX tokens through an upgrade. On-chain analysis revealed that the attackers maliciously minted 410 million CIOTX tokens, of which 99.5% were locked or frozen, and only 0.4% were liquidated through DEX. The cross-chain bridge's reserve assets suffered a cumulative loss of approximately $4.4 million. The attackers exchanged USDC, USDT, and other assets for 2183 ETH, which were then exchanged for 66.78 BTC via THORChain. Currently, the BTC assets are distributed across four monitored Bitcoin addresses. The IoTeX Foundation has pledged to use national treasury funds to provide 100% compensation to all affected users; specific compensation plans will be announced soon.

Analyst Dark Defender believes the next major move for XRP could coincide with a historic collapse in Bitcoin dominance. He reached this conclusion after drawing parallels to XRP’s explosive 2017 rally. Visit Website source: https://thecryptobasic.com/2026/02/25/be-ready-for-what-xrp-will-do-in-the-second-leg-as-btc-dominance-falls-like-never-before-analyst/

Malaysia's Zetrix has successfully raised approximately $40 million from the investment arm of the World Bank. Bloomberg posted on X, highlighting the company's strategic move to list its artificial intelligence unit on Nasdaq. This development marks a significant step for Zetrix as it seeks to expand its presence in the global market. The funding and upcoming listing are expected to bolster the company's growth and innovation in the AI sector.

Microsoft is actively searching for a new headquarters location in London, highlighting the shortage of premium office spaces in the UK capital. According to Jin10, the tech giant is focusing its search along the Elizabeth Line, from Paddington in the west to Canary Wharf in the east. Microsoft is looking for an office space between 200,000 and 250,000 square feet and has been in discussions with several developers and real estate companies in recent months. CBRE is providing consultancy services to Microsoft. The company stated its commitment to growth in the UK, with facilities across the country, and regularly evaluates its real estate portfolio to meet employee and long-term business needs.

Hong Kong's Financial Secretary, Paul Chan, announced plans to optimize the tax system to attract family offices and funds to the region. According to ChainCatcher, Chan stated in his budget speech that digital assets and precious metals will be eligible for tax reductions, with these changes set to take effect in the 2025/2026 tax year. In addition, over the next two years, Hong Kong will implement the Organization for Economic Cooperation and Development's (OECD) crypto asset reporting framework and the newly revised common reporting standards. These measures aim to enhance international tax transparency and combat cross-border tax evasion, with a draft amendment to the Tax Ordinance expected to be submitted in the first half of the year. Chan also mentioned that the Hong Kong government will continue to issue tokenized bonds regularly. A digital asset platform will be established within the year to support the issuance and settlement of digital bonds, with plans to gradually expand to other digital assets and connect with other tokenized platforms in the region.

South Korean prosecutors reportedly accused a man of poisoning a business partner with pesticide in a dispute over losses due to crypto trading. source: https://cointelegraph.com/news/south-korea-man-accused-poisoning-crypto-losses-reports?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

في تداولات اليوم (25 فبراير 2026)، سجلت عملة البيتكوين ارتفاعاً طفيفاً، حيث يحاول السعر التمسك بمكاسبه فوق مستويات الدعم الرئيسية. تأتي هذه الحركة الهادئة بينما يراقب المستثمرون عن كثب البيانات الاقتصادية القادمة التي ستحدد توجهات الاحتياطي الفيدرالي الأمريكي. 1. صعود حذر وسط ضبابية اقتصادية رغم الارتفاع الطفيف، لا يزال السوق في حالة “انتظار وترقب”: بيانات … source: https://btcacademy.online/%d9%87%d8%af%d9%88%d8%a1-%d8%ad%d8%b0%d8%b1-%d9%81%d9%8a-%d8%b3%d9%88%d9%82-%d8%a7%d9%84%d9%83%d8%b1%d9%8a%d8%a8%d8%aa%d9%88-%d8%a7%d9%84%d8%a8%d9%8a%d8%aa%d9%83%d9%88%d9%8a%d9%86-%d9%8a%d8%aa%d8%b1/?utm_source=rss&utm_medium=rss&utm_campaign=%25d9%2587%25d8%25af%25d9%2588%25d8%25a1-%25d8%25ad%25d8%25b0%25d8%25b1-%25d9%2581%25d9%258a-%25d8%25b3%25d9%2588%25d9%2582-%25d8%25a7%25d9%2584%25d9%2583%25d8%25b1%25d9%258a%25d8%25a8%25d8%25aa%25d9%2588-%25d8%25a7%25d9%2584%25d8%25a8%25d9%258a%25d8%25aa%25d9%2583%25d9%2588%25d9%258a%25d9%2586-%25d9%258a%25d8%25aa%25d8%25b1

South African markets are currently experiencing a surge of optimism, a sentiment that has been absent for years. Bloomberg posted on X, highlighting that the sustainability of this positive outlook is contingent upon the country's economic growth. Analysts suggest that the recent market enthusiasm is driven by expectations of improved economic performance, which could bolster investor confidence and stimulate further investment. However, the long-term viability of this optimism remains uncertain, as it hinges on tangible economic advancements. Market experts emphasize the importance of monitoring economic indicators closely to assess whether this optimistic trend will persist.

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