Kraken wins Kansas City Fed approval for limited-purpose master account, gains direct Fedwire access

Kraken Financial secured a limited-purpose Federal Reserve master account from the Federal Reserve Bank of Kansas City, according to a statement by the bank. The approval gives Kraken direct connectivity to the Fed’s core payments infrastructure, including Fedwire, and reduces its need to route fiat settlement through correspondent banks.
Meta to test stablecoin payments in H2 2026, leaning on third‑party partners

Meta Platforms is reportedly preparing to build infrastructure to accept stablecoin payments across its apps in the second half of 2026, with an approach centered on integrating third-party providers rather than issuing a proprietary coin. The strategic pivot is that Meta is positioning itself as an orchestrator of stablecoin payments, not an issuer—explicitly distancing the […]
Step Finance, SolanaFloor and Remora Markets Shut Down After January Treasury Hack

$27 million to $40 million in SOL was removed from Step Finance’s treasury and fee wallets on Jan. 31, 2026, a breach that immediately triggered the wind-down of three early Solana ecosystem projects. The teams said the loss left them insolvent, unable to raise financing or find a buyer, and forced shutdowns across analytics, dashboard, […]
Tennessee Judge Enjoins State Action Against Kalshi, Finds Sports Contracts Likely Cftc‑regulated Swaps

U.S. District Judge Aleta Trauger issued a preliminary injunction blocking the Tennessee Sports Wagering Council from enforcing state gambling laws against Kalshi’s sports-event contracts. The immediate result is that Kalshi can continue operating in Tennessee while the litigation moves forward.
WLFI Rises 10% after Apex Pilots USD1 Stablecoin, Outpacing BTC and ETH

World Liberty Financial’s WLFI token rose about 10% after Apex Group began a pilot using WLFI’s USD1 stablecoin to settle tokenized fund subscriptions, redemptions, and distributions. The market treated the Apex pilot as an institutional credibility signal and repriced WLFI accordingly. Apex Group, described as overseeing about $3.5 trillion in assets, tested USD1 inside operational […]
Arthur Hayes Warns Bitcoin–nasdaq Split Signals Dollar Liquidity and Credit Risk

Arthur Hayes published an essay arguing that Bitcoin’s recent divergence from the Nasdaq 100 is a market signal of tightening dollar liquidity and an approaching credit shock. Hayes’s central claim is that the split is not noise, but an early warning that macro liquidity is deteriorating.
Buterin Urges Ethereum-led Alternative to the “Race for AGI”

Vitalik Buterin said that he does not buy into the prevailing, speed-at-all-costs “race for AGI,” and instead laid out a four-quadrant blueprint that treats Ethereum as the economic and settlement layer for a decentralized, privacy-first AI ecosystem. His core message is that the next wave of AI should optimize for verifiability and human agency, not […]
NFT Market Cap Falls to $1.46B, Reversing Much of the 2021 Boom

The NFT market is back near its pre-hype baseline. As of February 6, 2026, aggregate NFT sector valuation was cited around $1.46 billion, a steep reset from the ~$22 billion peak seen in 2021. The message from this repricing is not subtle: speculative premiums have been largely stripped out, and the market is now forcing […]
White House Tweet Flagged a Privacy Risk in the CLARITY Act That Could Entrench Surveillance

A White House tweet this week put a spotlight on a potential privacy weakness in the CLARITY Act, warning that the bill’s current drafting could steer crypto intermediaries toward surveillance-first operating models. The underlying concern is that compliance expectations could expand data collection by default, even when users are simply transacting on public blockchains.
Opinion raises $20 million as prediction markets draw record capital amid weak crypto market

Opinion, a blockchain prediction market platform similar to Polymarket or Kalshi, announced today, February 4, that it has raised $20 million in a pre-Series A funding round. This investment has been backed by Hack VC, Jump Crypto, Primitive Ventures, and Decasonic, among others, and shows us that prediction markets are not a passing fad, but […]
