💰 Aave Labs has submitted a governance proposal to allocate all Aave-branded product revenue to the DAO treasury. link
🗽 The cryptocurrency committee Fairshake has allocated $1.5 million to counter Texas Representative Elu Green in the upcoming Democratic Party primaries due to his negative stance on cryptocurrency.
📊 According to Arkham, Bhutan has sold another $6.7 million in Bitcoin, continuing weekly sales over the past three weeks. Bhutan had planned to produce up to 600MW of mining power with Bitdeer Technologies, but on-chain data shows mining has slowed since the April 2024 halving. In September, it sold at least $100 million in Bitcoin and appears to be gradually continuing sales. Identified wallets still hold around $372 million in Bitcoin. link
X (formerly Twitter)
Arkham (@arkham) on X
BHUTAN JUST SOLD $6.7 MILLION BTC
Bhutan has been selling Bitcoin every week for the past 3 weeks.
Bhutan has been selling Bitcoin every week for the past 3 weeks.
🤔 DraftKings predicts revenue of $6.9 billion for 2026 based on expected investments in DraftKings Predictions, launching projects in promising jurisdictions, and disciplined planning as business conditions evolve. link
The Block
DraftKings forecasts $6.9 billion revenue guidance on 'expected investment in DraftKings Predictions'
DraftKings Predictions was offered last December in more states than its traditional sportsbook betting platform.
📊 On February 12 (ET), Bitcoin spot ETFs experienced a total net outflow of $410 million, with none of the 12 ETFs reporting a net inflow. Ethereum spot ETFs had a total net outflow of $113 million, with all nine ETFs also showing no net inflows. link
🐳 A whale "0x982" deposited $4.8M in $USDC into HyperLiquid and opened a $ETH (20x) short position, which is still increasing.
Six days ago, the whale deposited $2.4M in $USDC and opened a $HYPE (10x) short and a $BTC (20x) long position. link
Six days ago, the whale deposited $2.4M in $USDC and opened a $HYPE (10x) short and a $BTC (20x) long position. link
📊 February 13 Options Expiration Data
38,000 BTC options expired with a Put-Call Ratio of 0.71, maximum pain point at $74,000, and notional value of $2.5 billion.
215,000 ETH options expired with a Put-Call Ratio of 0.82, maximum pain point at $2,100, and notional value of $410 million. link
38,000 BTC options expired with a Put-Call Ratio of 0.71, maximum pain point at $74,000, and notional value of $2.5 billion.
215,000 ETH options expired with a Put-Call Ratio of 0.82, maximum pain point at $2,100, and notional value of $410 million. link
X (formerly Twitter)
Greeks.live (@GreeksLive) on X
February 13 Options Expiration Data
38,000 BTC options expired with a Put-Call Ratio of 0.71, maximum pain point at $74,000, and notional value of $2.5 billion.
215,000 ETH options expired with a Put-Call Ratio of 0.82, maximum pain point at $2,100, and notional…
38,000 BTC options expired with a Put-Call Ratio of 0.71, maximum pain point at $74,000, and notional value of $2.5 billion.
215,000 ETH options expired with a Put-Call Ratio of 0.82, maximum pain point at $2,100, and notional…
💰 Trader PuzzleTricker spent 3.23M $USDC to bet that FC Barcelona would win the Copa del Rey on Feb 12.
He won and made $2.12M in profit. link
He won and made $2.12M in profit. link
🇺🇸⚖️ The U.S. DOJ announced that Praetorian Group International CEO Ramil Ventura Palafox was sentenced to 20 years in prison for orchestrating a $200 million Bitcoin Ponzi scheme that defrauded over 90,000 investors. Authorities reported that victims lost at least $62.7 million, with Palafox misusing funds for luxury cars, real estate, and personal expenses. link
www.justice.gov
Praetorian Group International CEO sentenced to 20 years in prison for
Ramil Ventura Palafox, 61, CEO of Praetorian Group International, was sentenced today to 20 years in prison following his conviction for a Ponzi scheme that defrauded over 90,000 investors worldwide.
🇮🇱🔮 Insider Rundeep placed 6 bets on Polymarket regarding Israel's military actions, winning each time for a total profit of $154K. Subsequently, Israeli prosecutors charged a reservist and a civilian for allegedly using secret military information to place bets on Polymarket. Rundeep has not traded for over a month, raising questions about whether he got caught. link
🙅 $OM has been delisted from Bybit futures. link
Bybit
| OMUSDT Live Chart | Bybit Perpetual Trading
Trade BTC/USDT, ETH/USDT, SUSHI/USDT and more.
💰 #AAVE Aave Labs has reached out to token holders to approve a funding package of around $50 million. In exchange, all revenue from products under the Aave brand will be redirected to the Aave DAO treasury. link
Cointelegraph
Aave Labs Seeks $50M Package in Revenue Shift Proposal
Aave Labs proposes redirecting product revenue to the DAO and ratifying Aave V4 under a new revenue framework.
🇩🇪🤝 Boerse Stuttgart Digital and Tradias have agreed to merge to create a European cryptocurrency hub. link
Cointelegraph
Boerse Stuttgart Digital Merges With Tradias In Crypto Push
Boerse Stuttgart Digital is merging with German-licensed Tradias to create a fully regulated European crypto unit covering trading, custody, staking and tokenized assets.
📊 Espresso is developing a decentralized shared sequencer and confirmation layer to tackle Rollup fragmentation and centralization. Utilizing its HotShot consensus, it offers rapid finality and guarantees that only confirmed blocks are settled on Ethereum, enhancing censorship resistance. With cross-chain tools such as Presto and integrations across over 20 chains, Espresso seeks to establish itself as essential infrastructure for the modular Rollup ecosystem. link
WuBlockchain
Espresso Analysis: How to Solve the Fragmentation and Centralized Sequencing Dilemma of Rollups
RootData figures show that Espresso Systems has completed two funding rounds totaling $60 million, with investments from entities including a16z and Coinbase Ventures.