Can KITE crypto sustain its 21% daily gain? If not, what’s next?

Crypto Group Pushes Back on CLARITY Act Bank Plan

The Digital Chamber, a crypto trade association, has pushed back against proposals from major U.S. banks in the ongoing debate over the CLARITY Act. While acknowledging the banking sector's concerns about stablecoin yields potentially undermining traditional deposits, the group rejected automatic regulatory rules following a proposed two-year study. CEO Cody Carbone indicated openness to compromise, such as limiting interest-like features, but insisted on preserving incentives for transactions and innovation. Recent White House meetings between industry and banking stakeholders failed to produce an agreement, with both sides maintaining their positions. Patrick Witt of the President’s Council of Advisors warned that the narrowing legislative window before midterm elections adds urgency to reaching a compromise. The core dispute remains whether yield-paying stablecoins threaten financial stability or represent technological progress. With time running out, the fate of the CLARITY Act—which aims to provide regulatory clarity for digital assets—hangs in the balance.

TheNewsCrypto5 min fa

As Inflation Cools, Bitcoin Investors Face a Reality Check: Pompliano

With U.S. inflation cooling—CPI dropped to 2.4% in January from 2.7% in December—Bitcoin investors are facing a reality check, according to Anthony Pompliano. Many had viewed Bitcoin as a hedge against fiat currency depreciation, but softening inflation raises questions about its role. Pompliano argues that without significant inflation concerns, investors must reassess their reasons for holding Bitcoin, though he emphasizes its long-term scarcity narrative due to its fixed supply of 21 million coins. Short-term deflation may mask longer-term dollar weakness, a phenomenon Pompliano refers to as a “monetary slingshot” effect. Despite recent price pullbacks and a prevailing sense of “Extreme Fear” in the market, some observers caution that macro risks like fiat devaluation persist. Bitcoin’s value remains influenced by monetary policy, interest rates, and money supply dynamics. As macroeconomic conditions evolve, investors are reevaluating Bitcoin’s dual function as both a hedge and a store of value in an uncertain financial landscape.

TheNewsCrypto6 min fa

Psy Protocol Achieves 521,000 TPS on a Live Proof-of-Work Network, Offers $100,000 Bounty to Anyone Who Can Prove the Results Invalid

marsbit11 min fa

Binance’s CZ slams $1B Iran sanction allegations as ‘paid FUD’

Binance faces new allegations of compliance failures, with a Fortune report claiming the exchange processed $1 billion in transactions for sanctioned Iranian entities in 2025 and fired investigators who uncovered the activity. Founder Changpeng Zhao (CZ) dismissed the report as "paid FUD" or the work of a disgruntled ex-employee, while CEO Richard Teng called it irresponsible but acknowledged compliance is an ongoing challenge. The allegations come despite Binance's 2023 plea deal with the DOJ, which included independent monitoring until 2027. Iran's crypto activity surged to $10 billion in 2025, half linked to its government, raising U.S. Treasury concerns. Despite the claims, Binance saw stable reserves and no significant outflows, with BTC holdings even increasing.

ambcrypto12 min fa

French Police Arrest Trio After Attempted Kidnapping of Binance Leader

On February 12, 2026, an armed group attempted to kidnap Binance's French president, David Princay, near Paris. The hooded assailants, armed and searching for him at his residence, fled upon finding him absent but stole two mobile phones. Hours later, a similar assault occurred nearby, with investigators linking both incidents via CCTV footage of the same vehicle. French police coordinated a search, leading to the arrest of all three suspects on a train to Lyon later that day. Binance co-founder Yi He confirmed Princay and his family are safe. Authorities noted a rise in real-world crimes targeting crypto executives, shifting from online hacks to physical kidnapping attempts, emphasizing the growing need for personal security in the crypto industry.

TheNewsCrypto36 min fa