A federal judge in Manhattan denied Binance’s motion to compel arbitration in a class action over alleged sales of unregistered digital tokens to U.S. investors, according to a Thursday opinion from the Southern District of New York. The court said users lacked adequate notice of a February 2019 arbitration clause and found the class action waiver unenforceable.

Onchain analytics firm Bubblemaps reported that six newly active Polymarket wallets collectively locked in close to $1 million in net gains by buying "yes" shares on a contract predicting a U.S. strike on Iran by February 28, 2026. Most of these accounts were funded within a day of the attack and opened positions only hours before the U.S. and Israel launched airstrikes, while another trader who had previously made about $2 million betting against such strikes lost $6.5 million in a single day when the contract resolved.

According to Bloomberg, a Florida federal judge entered a default judgment awarding Kevin O'Leary $2.8 million in his defamation suit against former crypto influencer Ben 'BitBoy' Armstrong. The case centers on late March 2025 X posts alleging O'Leary and his wife were murderers; the court entered default on six defamation-per-se claims and Armstrong did not mount a defense.

Ethereum co-founder and Polymarket investor Vitalik Buterin warned that prediction markets are increasingly centered on short-term speculation and retail gambling, which he believes threatens their long-term health. He proposed shifting these platforms toward AI-powered hedging instruments tied to real-world expenses, and argued that such markets, if denominated in productive assets, could eventually remove the need for fiat-pegged stablecoins.

On Friday, Benchmark analyst Mark Palmer lowered his Coinbase price target from $421 to $267, a cut of more than one-third, while maintaining a buy rating and estimating about 60% upside from roughly $164 per share. His revised forecasts follow Coinbase's fourth-quarter 2025 report, where net revenue fell to $1.71 billion and the firm posted a $667 million GAAP net loss, but showed growth in derivatives, stablecoin income and subscription revenue now representing 43% of net revenue. Other brokerages adjusted their targets as well, with some reaffirming bullish views and others turning more cautious on the stock.

Two Democratic senators on the Senate Banking Committee have asked Treasury Secretary Scott Bessent to determine by March 5 whether CFIUS should review a reported 49% stake worth about $500 million in Trump-linked World Liberty Financial acquired by a UAE government-linked entity. Their request follows a separate House investigation launched last week by Rep. Ro Khanna, intensifying congressional scrutiny of the firm's foreign ties and national security implications.

X head of product Nikita Bier said Smart Cashtags will arrive within weeks, enabling stock and crypto trading directly from the timeline. The feature, first previewed Jan. 11 with a February target, will show live pricing for on-chain assets and smaller-cap tokens, while X also plans tighter enforcement against spammy crypto apps.

Crypto.com co-founder and CEO Kris Marszalek acquired the AI.com domain for about $70 million, paid fully in cryptocurrency, after it had been listed for $100 million in March 2025. He said on Feb. 6 that he closed the purchase in April 2025 and will introduce a consumer AI agent platform under the AI.com brand with a Super Bowl LX commercial, while continuing to run both Crypto.com and AI.com.

Block Inc., led by Jack Dorsey, is preparing to eliminate roles during annual performance reviews, with as much as 10% of staff at risk, Bloomberg reported on Saturday. Earlier cuts removed 931 positions in March 2025 and about 1,000 in January 2024. The company plans to release fourth-quarter results on Feb. 26.