BlackRock has deposited 1,133.65 BTC (about $78.83 million) and 15,405 ETH (about $32.02 million) into Coinbase, according to ChainCatcher citing Onchain Lens monitoring data.

Odaily Planet Daily cited Onchain Lens data showing that BlackRock has moved 1,133.65 BTC and 15,405 ETH to Coinbase. The transfers are valued at roughly $78.83 million in Bitcoin and $32.02 million in Ether, for a combined total of about $110 million. On-chain data suggests the associated addresses may receive further inflows.

Breaking: Fannie Mae to accept crypto-backed mortgages for the first time.

UPDATE: Resolv Labs has removed 57% of the illegally issued USR tokens in the wake of an exploit.

@Machibigbrother (Machi) saw his BTC and ETH long positions fully liquidated again as the broader market slid. He added 500K USDC three days ago but is now down to $138K, leaving the account nearly wiped out in 72 hours. Total recorded losses have reached $30.75M. He then quickly re-entered the market, opening a 25x leveraged long on 1,600 ETH valued at $3.33M.

The Pentagon is assessing a set of major escalation scenarios involving Iran, with U.S. officials confirming contingency planning, Axios reported. Sources described four potential "final blow" options. Possible targets include Kharg Island, Iran's main oil-export hub. Larak Island is also viewed as a key military position. Additional options reportedly involve seizing disputed strategic islands. The plans are said to range from deploying ground forces to a large-scale bombing campaign. Officials indicated any move would hinge heavily on stalled diplomatic progress, with the Strait of Hormuz remaining a central factor in U.S. calculations.

Foreign holders increased their U.S. Treasury positions by $34.8 billion in January, taking total holdings to $9.3 trillion, according to The Kobeissi Letter. The level is the second-highest on record.

Moonwell, a multichain DeFi lending protocol with roughly $85 million in total value locked (TVL), narrowly avoided a governance takeover after an attacker spent just $1,808 to push a malicious proposal through critical early steps. DL News reported that the attacker acquired governance tokens, submitted a proposal, and cleared the quorum threshold in about 11 minutes. If ultimately executed, the proposal could have granted control over key parts of Moonwell, including seven markets and the protocol's core smart contracts, creating a path to potentially siphon more than $1 million in user funds. Why a $1,808 move nearly controlled an $85 million protocol Moonwell primarily serves the Moonbeam and Moonriver ecosystems. DefiLlama data places its TVL at around $85 million. For a protocol of that size, the low cost of the attempted takeover points to a governance design mismatch: quorum and proposal thresholds that did not scale with the market value of its governance token. Blockchain security firm Blockful said the attacker purchased 40 million MFAM, Moonwell's governance token. With MFAM trading near $0.000025 at the time, the buy cost just over $1,800. The attacker then used the position to submit a proposal titled "MIPR39: Protocol Recovery Admin Migration" and quickly push it past the quorum requirement. Blockful argued the proposal was not a routine governance dispute. In its view, the proposal's authorized contract contained preconfigured transactions intended to drain liquidity after execution. The episode underscores a growing concern in DeFi: governance itself can be the exploit, even when smart contracts have no obvious technical bug. A familiar DAO problem, pushed to an extreme Moonwell is not the first project to face governance-related risk. In 2024, Compound Finance saw controversy after a group led by an anonymous participant known as Humpy amassed enough voting power to pursue a proposal that would have moved about $24 million from the treasury to a private vault. The situation ended through negotiation, but it highlighted how concentrated token ownership can enable procedural capture. Aave has also dealt with tensions around value and control, including debate over fees from a CoW Swap integration that were routed directly to Aave Labs rather than the DAO. Those disputes revived a fundamental question in token governance: what does a DAO truly own—brand, revenue, governance rights, or just a voting wrapper? The Moonwell case extends the threat model. It suggests DAOs may be vulnerable not only to whales, but also to attackers who cheaply accumulate thinly traded governance tokens and exploit low-friction proposal processes. What Moonwell can still do Moonwell still has options, but timing matters. At the time of reporting, public voting showed about 68% of votes opposing the proposal, indicating the community broadly recognizes the move as malicious. Blockful warned, though, that the attacker could control additional unidentified wallets. That raises the possibility of late-stage vote aggregation that could still alter the outcome. To reduce reliance on vote counts alone, Blockful recommended using Moonwell's emergency mechanism known as the Break Glass Guardian. The tool functions as an onchain emergency brake, allowing multisig holders to shift administrative privileges before a malicious proposal can take effect. The design resembles circuit breakers used in traditional finance and reflects an uncomfortable reality in DeFi: many protocols still depend on centralized or semi-centralized backstops in crisis scenarios. A broader warning about low-priced governance tokens Beyond Moonwell, the incident highlights a structural risk: when governance tokens trade at depressed levels, liquidity is thin, participation is low, and ownership is fragmented, DAOs can become unusually easy to manipulate. DeFi security discussions often focus on technical vulnerabilities such as reentrancy, oracle design, access controls, and key management. Moonwell shows governance can be just as exploitable—especially when a protocol safeguards tens of millions in assets while governance power can be bought for the price of "street-market goods." The episode is likely to become a reference point in 2026 debates about DAO security. It reinforces the need for better-aligned thresholds, execution delays, emergency brakes, and token distribution safeguards. The larger question may not be whether Moonwell withstands this specific attempt, but how many other protocols are similarly exposed.

ChainCatcher reports that Hyperinsight monitoring shows U.S. crude and Brent crude both surged today as market expectations around a potential ceasefire tied to U.S.-Iran negotiations swung repeatedly. Against that backdrop, Abraxas Capital—the two largest addresses on the Brent crude oil chain—boosted positioning over the past hour, adding $16 million in short exposure at an average entry price of about $99.60. After the latest increase, the combined short position stands at $66.4 million, with an average entry price near $103 and an average liquidation price of $140. As oil prices have climbed, unrealized gains have narrowed to $2.2 million from $3 million.