Crypto startup Entropy is shutting down after four years, returning $25 million in investor funding following several pivots and layoffs. Founder Tux Pacific said the business model wasn’t scalable and they will leave crypto to focus on pharmaceutical research.
AnaisNifty Gateway will close permanently on 23 February 2026 and has moved to withdrawal-only mode, giving users about 30 days to move their NFTs and funds. Owner Gemini is shutting the platform to focus on its main customer app, while NFT services will continue through Gemini Wallet.
WeatherlyCoinone, South Korea’s third-largest crypto exchange, is exploring the sale of shares held by its chairman Cha Myung-hoon, who controls 53% of the company. Coinbase and local financial institutions are reported to be interested, while the exchange faces losses and a book value of around $52 million.
AnaisMatcha Meta suffered a hack through its SwapNet integration, with attackers stealing around $16.8 million by swapping USDC for Ether and bridging it to Ethereum. Users who disabled One-Time Approvals and set direct allowances were affected, while those using the One-Time Approval feature were safe.
WeatherlyRussia has banned crypto exchange WhiteBIT and its parent company from operating in the country, accusing them of helping fund Ukraine’s military and moving money out of Russia through illegal schemes. WhiteBIT says it already blocked Russian users in 2022 and views the ban as confirmation of its pro-Ukraine stance.
JoyJapan plans to delay Bitcoin ETF approval until 2028 to align with new crypto tax rules, but industry leaders say this is too slow. SBI Global Asset Management’s CEO warned the delay could leave Japan behind other countries in digital asset adoption.
WeatherlyMajor League Soccer has signed a multi-year partnership with Polymarket, making it the league’s exclusive prediction market partner across MLS, the All-Star Game, MLS Cup and Leagues Cup in the U.S. The deal will bring real-time prediction data into MLS digital platforms to boost fan engagement, with safeguards in place to protect match integrity.
AnaisTether increased its gold exposure by about 27 tonnes in the fourth quarter of 2025, bringing its buying pace closer to that of major central banks as it expanded reserves backing its stablecoins. The move came as gold prices hit record highs above US$5,000 per ounce, driven by strong demand from investors, central banks and retail buyers.
WeatherlyHang Seng is launching a new gold ETF on the Hong Kong Stock Exchange with both regular shares and tokenized units on blockchain. The fund holds physical gold in Hong Kong and aims to attract both traditional and crypto investors.
AnaisStandard Chartered says U.S. banks could lose more than $500 billion in deposits to dollar-backed stablecoins by the end of 2028, with regional banks most at risk. The shift is driven by faster, easier stablecoin payments and growing demand for yield, which is pulling money away from traditional bank accounts.
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