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According to Bloomberg, cryptocurrency exchange Gemini Space Station Inc. announced on Tuesday that its Chief Operating Officer, Chief Financial Officer, and Chief Legal Officer will leave the company immediately.Documents submitted by Gemini to the Bloomberg Terminal show that executives Marshall Beard, Dan Chen, and Tyler Meade are leaving the company effective immediately. Notably, Marshall Beard, who also served as a member of the Gemini board, has resigned from his board position as well, and the company stated that his departure is not due to any disagreements with the company.

CryptoQuant posted on platform X that currently, $47.5 billion in stablecoins is concentrated on a single exchange. Binance holds 65% of the stablecoin liquidity across all exchanges, while competitors still lag far behind, even as outflows have slowed in the bear market. Funds have not left the crypto space; instead, they are concentrating.

According to Onchain Lens monitoring, a certain whale has spent 43 BTC (approximately 2.91 million USD) to buy 1,468 ETH.So far, this address has spent a total of 129 BTC (approximately 8.72 million USD) to purchase 4,412 ETH at an average price of 1,976 USD, and has transferred these ETH to a new wallet.

According to Cointelegraph, Japan's financial group SBI Holdings plans to acquire a majority stake in the Singaporean cryptocurrency exchange Coinhako to further deepen its layout in the cryptocurrency field.The announcement stated that SBI Holdings' wholly-owned subsidiary SBI Ventures Asset has signed a letter of intent with Coinhako's parent company Holdbuild to inject capital into Coinhako and acquire shares from existing investors.If the transaction is completed, SBI Holdings will obtain a majority stake in Coinhako, making Coinhako a consolidated subsidiary; however, the transaction is still subject to regulatory approval. The financial terms and ownership details of the acquisition have not been disclosed, and the investment structure and share purchase plan are still under discussion. This non-binding transaction will allow SBI to obtain a legitimate license in Singapore, which is one of Asia's major regulated cryptocurrency hubs.

According to market news, the Alameda bankruptcy wallet will exchange approximately 129 million STG (about 26 million USD) for around 11.14 million ZRO (about 25.96 million USD), and then transfer the related ZRO to the market maker WinterMute's address about 12 hours ago.

Binance announces that it will support the conversion of MANTRA (OM) tokens, split pricing, and rename it to MANTRA (MANTRA). OM will be converted at a ratio of 1 OM = 4 MANTRA and will continue to use the new ticker MANTRA. Starting from February 23, OM-related contracts will stop opening new positions and will be automatically settled; from February 14 to 23, OM will be delisted from Cross / Isolated Margin and trigger automatic repayments and asset conversions;Starting from February 20, Buy & Sell Crypto will remove OM; on February 23, Binance Loans will close OM lending; from February 27, Simple Earn will redeem OM products and will allow re-subscription with MANTRA after March 4; on March 2, OM spot, Convert, Gift Card, and other scenarios will be fully delisted, and on March 4, new spot trading pairs for MANTRA will be launched, and OM withdrawals will be stopped.

According to Bloomberg, German securities trading platform operator Boerse Stuttgart Group plans to merge its crypto business with Frankfurt-based digital asset trader Tradias.According to a statement released on Friday, the newly formed business unit will have approximately 300 employees and will be jointly operated by a management team from both Boerse Stuttgart and Tradias. Financial details have not been disclosed.

According to the official announcement, Gate will officially launch the Flash Exchange Spring Reward Program from February 12, 16:00 to February 26, 16:00 (UTC+8). During the event, users can initiate flash exchange transactions with a minimum of just $1, enjoying a zero-fee rapid exchange experience, with a total prize pool of 50,000 USDT. This event features three major benefits:1: New User Flash Exchange Gift. Users who have never used the flash exchange feature since registration can receive a reward of 20 USDT by completing their first flash exchange transaction of ≥ 30 USDT during the event period, with a total prize pool of 10,000 USDT.2: Daily Flash Exchange Check-in. During the event, users who complete a flash exchange transaction of ≥ 100 USDT each day will be considered as having successfully checked in. After the event ends, users will share 20,000 USDT proportionally based on the total number of successful check-in days, with rewards available for those who check in for 3 consecutive days or more.3: Universal Trading Benefits. All users participating in flash exchange transactions can share 20,000 USDT based on their transaction volume proportion, with a maximum of 1,000 USDT per person.It is reported that Gate Flash Exchange currently supports over 2,200 types of cryptocurrency assets, offering zero fees, rapid transactions, and intelligent exchange rate matching services, helping users easily complete multi-currency one-click exchanges.

According to Cryptopolitan, the London Stock Exchange Group announced on Thursday its plan to launch an on-chain settlement service aimed at institutional investors, named LSEG Digital Securities Depository. This platform will connect traditional securities markets with blockchain networks, supporting the trading and settlement of tokenized bonds, stocks, and private market assets, while remaining compatible with existing infrastructure. The system will be compatible with multiple blockchain networks, with an initial delivery target set for 2026, pending regulatory approval.LSEG has been operating a blockchain platform for private equity funds on Microsoft Azure, and this new system is a further extension of its digital asset strategy. The company stated that it will form a strategic partnership group to gather market feedback during the development process, building an ecosystem that connects digital and traditional markets across time zones and supports multiple payment methods. Major UK financial institutions such as Barclays, Lloyds, National Westminster Bank, Standard Chartered, and Brookfield have expressed support for the plan.

According to The Block, Aave Labs has proposed a framework proposal to transfer 100% of the revenue from all Aave brand products to the Aave DAO treasury, and to transfer the related trademarks and intellectual property to the newly established Aave Foundation, while requesting funding support from the DAO for its operations.According to the proposal, Aave Labs will forgo all revenue from future business lines such as Aave v3, v4 protocols, aave.com frontend revenue, Aave Card, and AAVE ETF. In exchange, it requests the DAO to commit to providing $25 million in stablecoins and 75,000 AAVE to cover operational expenses, as well as applying for five grants of $3 million each for the development and marketing of Aave App, Aave Pro, and Aave Card, along with $2.5 million for Aave Kit.Aave Labs stated that the v4 architecture will enable revenue models that were difficult to achieve in previous versions, planning to gradually adjust v3 parameters to guide migration 8-12 months after the v4 launch. The proposal also requests the DAO to coordinate with Labs on v4 development and to postpone the development of new features for v3.Marc Zeller, founder of the Aave Chan Initiative, expressed opposition to this. Zeller described it as a "disguised attempt at cashing out under the guise of goodwill," claiming that Labs is trying to use a radical proposal as leverage in negotiations, "attempting to impose outcomes regardless of the governance process." He estimates that Labs' actual funding request is around $50 million and questions its governance legitimacy.

According to Jinshi reports, the Chicago Board Options Exchange Volatility Index (VIX) is close to a weekly high, having recently risen by 2.48 points to 20.05 points.

Binance will launch Espresso (ESP) on February 12, 2026, at 21:00 for Binance Earn, margin, VIP borrowing, and futures services. Users can purchase ESP through one-click buy and trade within one hour after the launch. Binance Futures will also launch the ESP U-margined perpetual contract on the same day, with a maximum leverage of up to 5 times.

Gate held a special institutional event themed "Gate Institutional Circle: CrossEx · Next-Gen Cross-Exchange Trading Infrastructure" at the Rosewood Hong Kong, inviting nearly a hundred guests to participate. Gate's founder and CEO Dr. Han delivered a keynote speech on-site, sharing his insights on the trends in the evolution of crypto payments and on-chain financial systems.Dr. Han pointed out that the expansion of stablecoin payments, crypto cards, and RWA essentially drives the reconstruction of settlement logic, asset forms, and transaction time boundaries. However, issues such as fragmented multi-chain liquidity, insufficient cross-system collaboration, and limitations in fiat channels and foreign exchange efficiency still constrain the scaling and globalization of on-chain finance.He stated that the next phase of competition will no longer be just about single product capabilities, but rather about the comprehensive construction of liquidity integration, compliance frameworks, and multi-asset collaborative systems. Focusing on the integration of payment networks and the TradFi product matrix, Gate is exploring the creation of an integrated infrastructure that supports 24/7 trading, cross-asset allocation, and global settlement, in response to the new cycle of deep integration between crypto and traditional finance.

Binance Co-CEO Richard Teng stated at the Consensus HK conference that the "1011 crash" event was not triggered by Binance, but rather that all exchanges globally experienced large-scale liquidations. Approximately 75% of the liquidations occurred around 21:00 Eastern Time, accompanied by isolated issues such as stablecoin de-pegging and delays in asset transfers.Teng pointed out that on that day, the U.S. stock market's market capitalization fell by about $1.5 trillion, with stock market liquidations amounting to approximately $150 billion, while the total liquidations in the crypto market were about $19 billion, affecting all exchanges. Binance provided support to affected users, while other exchanges did not take similar measures. Last year, Binance's trading volume reached $34 trillion, with 300 million users, and data did not show any large-scale withdrawals from the platform.He added that the market is temporarily affected by geopolitical and interest rate uncertainties, but institutions are still continuously entering the crypto market, indicating that "smart money" is still positioning itself. Teng emphasized that long-term participants should focus on the fundamental development of the crypto industry; although retail demand is relatively subdued, institutional deployments and corporate participation remain strong.

The co-founder of the Trump family-associated crypto project World Liberty Financial, Zak Folkman, stated that they plan to launch a foreign exchange platform called World Swap, as part of its USD1 stablecoin ecosystem.Folkman mentioned that World Swap aims to simplify the cross-border transfer process, challenging the high fees of traditional remittance service providers, which range from 2% to 10% per transaction, allowing users to send and receive digital dollars in a manner similar to mainstream payment applications. Folkman stated that more details will be announced later this month at an event held at Mar-a-Lago.

According to Lookonchain monitoring, in the past 5 hours, a wallet associated with Galaxy Digital (FFDAa) deposited 200,000 SOL, worth 16 million dollars, to Binance, OKX, and Bybit.

According to Ember Monitoring, after LayerZero announced plans to launch the L1 public chain Zero, the bankruptcy liquidation address of Alameda Research exchanged 129 million STG (12.9% of the total STG supply) for 11.142 million ZRO (approximately 24.29 million USD) two hours ago.