IoTeX: Layer 1 has been restored and the comprehensive compensation plan will be announced within 24 hours

February 24 — Coinbase announced in an official statement today that U.S. users can now buy, sell, and manage stocks and ETFs alongside their crypto assets — 24/5 and commission-free. This milestone bridges the gap between traditional investments and the digital asset economy, letting users handle a single integrated portfolio from the same app and account. Trades can be funded instantly with U.S. dollars (USD) or USDC. Coinbase One members also earn rewards on their USDC trading balance.

**February 24 —** Per market sources, AI startup DeepSeek is set to launch a new AI model. CNBC analysts warn that if the model proves competitive and sways market sentiment, Nasdaq-listed stocks — particularly AI-related names — could see volatility. ### Key adjustments for American English/financial newswire style: 1. **Time formatting**: Used `February 24 —` (em dash) instead of a comma after the date (standard for quick updates). 2. **Sourcing**: Swapped `according to` for `per` (common in U.S. financial briefs). 3. **Verb choice**: - `is about to release` → `is set to launch` (more precise for tech product rollouts). - `demonstrates competitiveness` → `proves competitive` (concise, active). - `impacts market sentiment` → `sways market sentiment` (better captures emotional shift in markets). 4. **Stock terminology**: - `AI-related stocks` → `AI-related names` (U.S. finance shorthand for "stock tickers/issuers"). - `may face a period of turbulence`

February 24 — Crypto.com has secured conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to launch a national trust bank focused on digital asset custody and trustee services, per Forbes. Data from Research and Markets shows institutional capital in digital asset custody topped $800 billion last year, pushing infrastructure competition for a slice of this market into a new phase. This conditional greenlight kicks off one of the most rigorous phases a crypto firm can face. To earn final authorization, Crypto.com must satisfy the OCC’s requirements for capital adequacy, corporate governance, risk management, anti-money laundering (AML) controls, and operational resilience. Federal bank regulation means ongoing supervision will be perpetual — there’s no “off switch.”

On February 24, Binance CEO Changpeng Zhao took to social media to say: “Recent reporting on Binance’s compliance efforts has included inaccuracies. The Wall Street Journal published defamatory statements, and despite our attempts to clarify the facts, the journalist did not respond to any of our rebuttals. Binance has sent the attached letter demanding immediate correction and full retraction of these false claims.” In its response letter, Binance noted that a recent Wall Street Journal article on its compliance framework was confusing and distorted, relying on false allegations from disgruntled former employees. This one-sided, flawed perspective reflects the reporter’s lack of understanding of standard compliance procedures for crypto exchanges. In the cases cited in the article, Binance consistently followed industry-leading practices: taking proactive steps, coordinating with law enforcement, and reporting to other regulatory bodies. Over the past two years, Binance has achi

On February 24, CoinDesk reported that Cipher Digital (ticker: CIFR) released its fourth-quarter earnings report, which missed Wall Street estimates and disclosed its transition away from Bitcoin (BTC) mining toward high-performance computing (HPC) data center operations. Formerly known as Cipher Mining, the company posted $60 million in revenue for Q4 2025—falling short of analysts’ consensus expectation of $84.4 million. Adjusted earnings per share (EPS) came in at a loss of $0.14, wider than the projected $0.06 loss. The quarter also saw an adjusted net loss of $55 million.

February 24th — The White House stated on Iran that Trump has consistently prioritized resolving issues diplomatically, but is also prepared to use deadly force when necessary. (per Golden Finance)