Kalshi has entered a sports performance hedging partnership with Game Point Capital after its Super Bowl Sunday trading volume surpassed $1 billion and January activity hit a record $9.6 billion. The collaboration allows teams to hedge performance bonus payouts, with early NBA contracts on Kalshi reportedly pricing significantly below over-the-counter market quotes.

Coincheck Group N.V. reported Q3 revenue of $915 million and net income of $2.6 million, reversing a $98.5 million loss. According to the company, CEO Gary Simanson will resign on March 31, with 3iQ's Pascal St-Jean to take over on April 1. The quarter included $83 million from its Aplo acquisition.

The American Bankers Association urged the Office of the Comptroller of the Currency in a Wednesday comment letter to pause approvals of uninsured national bank charters for digital asset firms until new GENIUS Act rules are fully in place. The group also called for clearer receivership tools, potential SEC registration guidance for certain applicants, limits on the use of the word "bank", and resolution of stablecoin yield rules as multiple crypto companies seek OCC trust charters.

Stripe introduced a preview integrating the x402 protocol to let developers bill autonomous agents in USDC on Base. CoinGecko simultaneously activated x402 for its API, offering fixed $0.01 USDC per-request access to price and onchain data. The product rollout also coincided with a reported tender offer that values Stripe at $140 billion.

BitMine said it purchased 40,613 ETH in the week ending Feb. 8, lifting its Ethereum treasury to 4,325,738 ETH, equal to 3.58% of circulating supply and valued at about $9.2 billion. The company also reported 2,897,459 ETH staked, generating $202 million in annualized revenue, with internal yields at 3.32%.

Ethereum co-founder Vitalik Buterin has criticized the launch of new generic EVM-based Layer 1 chains, calling them a dead end and arguing that Ethereum's base layer will already provide substantial EVM blockspace. He now promotes a broader spectrum of designs, including deeply integrated app-chain models and institutional Layer 2s, urging developers to focus on differentiated features such as privacy, app-specific efficiency and ultra-low latency. While questioning the rollup-centric roadmap, he still assigns Layer 2s a role in delivering extreme scalability for demanding use cases like AI.

On a Wednesday earnings call covering FY25, UBS CEO Sergio Ermotti said the bank is preparing to give private banking clients direct access to crypto while expanding a "fast follower" tokenization strategy over three to five years. UBS reported full-year net profit of $7.8 billion, up 53%, with invested assets crossing $7 trillion, and is building infrastructure for both individual crypto access and tokenized deposit solutions for corporate clients.

On Friday, SoFi Technologies reported its first quarter with revenue above $1 billion for the three months ended Dec. 31, with GAAP net income of $173.5 million. The company said it added a record 1.027 million members to reach 13.7 million and advanced its crypto push by launching consumer trading and the SoFiUSD stablecoin in December.

Bank of America CEO Brian Moynihan told analysts on Wednesday that up to $6 trillion in U.S. bank deposits could move into stablecoins if interest is permitted, citing Treasury Department studies. On Jan. 9, the Senate's latest draft would ban passive yield on stablecoin balances while allowing activity-based rewards, and a planned committee markup was later postponed.