Author: CryptoDispatchDaily.com

TLDR: TAO fell from $337 to $270 within 24 hours after Covenant AI announced its exit over governance concerns. Covenant AI claimed revenue was halted abruptly, and decision-making power shifted away from the broader community. Infrastructure updates were reportedly introduced without consensus, raising concerns among contributors about control. The project, once backed by major AI figures, now faces scrutiny over whether it still operates as decentralized. Bittensor’s native token, TAO, recorded a sharp decline within 24 hours after a public dispute raised concerns about governance and network control. The development followed the exit of Covenant AI, a key contributor, which…

Connex and Arbitrum top token unlocks in $221M week, with the sum coming from a combination of one-time cliff unlocks and linear vesting programs. RAIN alone contributes more than a third of this week’s total, making it the biggest contribution from the linear unlocks category. There are also multiple other tokens involved in the linear unlock schedule, such as Solana, TRUMP, and Dogecoin. Connex, Arbitrum lead $221M in token unlocks this week For single one-time cliff unlocks, Connex (CONX) is the most valuable token with a total value of $15.95 million. The unlock comprises 1.32 million tokens and 1.52% of…

The Ether Machine’s path to the public markets via Dynamix Corporation is over. In a statement posted Friday night, the would-be ether treasury company said it had “mutually agreed to terminate” its previously announced Business Combination Agreement with the Nasdaq-listed SPAC, “effective immediately, as a result of unfavorable market conditions.” The deal, originally announced on July 21, 2025, would have taken The Ether Reserve LLC public through a combination with Dynamix, with the surviving entity trading under the ticker ETHM. At the time, the firm said it expected to launch with more than 400,000 ETH on its balance sheet, a…

TLDR: Arizona must pause criminal charges against CFTC-regulated prediction markets after the federal TRO order. The CFTC says federal law grants exclusive authority over event contracts and market enforcement. Connecticut and Illinois now face similar federal lawsuits over state prediction market restrictions. The ruling strengthens legal momentum for federally supervised crypto-linked trading platforms. A federal judge in Arizona temporarily halted the state’s criminal case against federally regulated prediction markets on Friday. The order came after the Commodity Futures Trading Commission asked the court to stop Arizona’s enforcement push.  The ruling preserves the status quo while a broader federal preemption fight…

BTC.TOP founder Jiang Zhuoer says the US‑Iran war is America’s ‘Suez Canal moment’ and reveals a medium‑term Ethereum short opened at $2,242. Summary Jiang Zhuoer, founder of BTC.TOP, says he shorted ETH at $2,242 and views all war‑driven bounces as chances to add to shorts in an unfinished bear cycle. He calls the US‑Iran conflict a “Suez Canal moment,” predicting Iran will effectively control the Strait of Hormuz and reshape oil flows while the US tacitly accepts it. Ethereum is trading in the mid‑$2,200s as Jiang links his bearish view to energy‑driven risk‑off behavior rather than Ethereum fundamentals. Jiang Zhuoer,…

Solana‑based Drift Protocol’s $270m exploit has become a live test of how Circle, DeFi builders and lawmakers share responsibility when stablecoins sit at the center of a hack. Summary Drift Protocol lost roughly $270 million in a governance exploit, one of 2026’s largest DeFi hacks. Circle’s Dante Disparte said USDC freezes only occur under legal orders, rejecting calls for unilateral intervention. Disparte urged lawmakers to fast‑track the GENIUS Act and CLARITY Act and pushed DeFi to adopt on‑chain “circuit breaker” controls. Circle’s chief strategy officer Dante Disparte has responded to the roughly $270 million exploit on Solana‑based Drift Protocol by…

TLDR: Oceanus and HashKey signed an MOU to deploy stablecoin settlement across Asian trade finance corridors. The partnership integrates AI-driven ODIN platform with regulated infrastructure to improve settlement efficiency. Stablecoin settlement enables faster, secure transactions for commodity trades including seafood, meats, and wines. The initiative targets the $2.5 trillion trade finance gap affecting SMEs in global markets. Stablecoin settlement is advancing into global trade finance as Oceanus Group Limited and HashKey Group formalize a strategic partnership. The two firms signed a Memorandum of Understanding to deploy regulated infrastructure across Asian trade corridors. The collaboration aims to reduce inefficiencies in cross-border…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. AI trading apps reshape investing in 2026 as beginners adopt automated stock and crypto strategies. Summary AI trading apps surge in 2026, helping beginners automate stock and crypto strategies for passive income MoneyFlare leads with fully automated AI trading across stocks and crypto, requiring no manual setup Platforms like Pionex and 3Commas offer flexible AI tools as demand for hands-free trading grows In 2026, the world of investing is being transformed by artificial intelligence (AI). Whether someone is looking…

TLDR Morgan Stanley’s Bitcoin ETF, MSBT, is set to begin trading tomorrow on NYSE Arca. The trust will track the CoinDesk Bitcoin Benchmark 4 PM NY Settlement Rate. MSBT will hold Bitcoin directly and will not use leverage or active trading. The ETF has an annual sponsor fee of 0.14%, which is lower than most competitors. Coinbase and BNY will serve as the trusted custodians for the Bitcoin holdings. Morgan Stanley’s Bitcoin ETF is set to begin trading tomorrow on the NYSE Arca under the ticker MSBT. The U.S. Securities and Exchange Commission (SEC) declared the Morgan Stanley Bitcoin Trust…

TLDR: Ethereum stablecoin supply reached $180B, up 150% in three years, holding 60% of the total market share. Token Terminal projects up to $850B in Ethereum inflows by 2030, even if its market share drops to 50%. Public crypto sales fell 93% in eight months, dropping from $698M in June 2025 to $46.8M in February 2026. Private fundraising remains strong, with December 2025 recording $14.5B raised across all crypto funding rounds. Ethereum stablecoin supply has crossed $180 billion, marking a new all-time high according to Token Terminal data. This figure represents a 150% increase over the past three years. Ethereum…