Bitcoin has jumped as well, increasing 7.6% in the last 24 hours, while Ether is up more than 8.3% to trade at $2,132. Crypto-related stocks surged on Wednesday as recent pro-crypto commentary from the US president pushed Bitcoin and the broader crypto market higher. Alongside a rise in the cryptocurrency market, the Bitcoin (BTC) treasury company Strategy spiked by more than 10%. Crypto exchange Coinbase registered a more than 14% gain, while miners Hut 8 clocked 13.89% and American Bitcoin Corp rose 11.65%. Dominick John, an analyst at Zeus Research, told Cointelegraph the promise of clearer regulations on the near horizon could be one of the factors fueling the rally. Read more
Researchers say fake crypto websites deployed an iOS exploit kit capable of stealing wallet seed phrases and other financial data. Threat researchers at Google say they have uncovered a new exploit kit targeting Apple iPhone users, aimed at stealing crypto wallet seed phrases. The kit, named “Coruna” by its developers, targets iPhones running iOS versions 13.0 up to 17.2.1. It has “five full iOS exploit chains and a total of 23 exploits,” including ones that were previously unknown to the public, the Google Threat Intelligence Group (GTIG) said in a report on Wednesday. The group said it first discovered the kit in February 2025 and has since tracked its use by a suspected Russian espionage group against Ukrainians, and later on fake Chinese crypto websites that aim to steal crypto. Read more
While altcoin interest on social media is at its lowest in 24 months, it could pick up again once Bitcoin’s rally starts to fade, according to crypto trader Michaël van de Poppe. Mentions of altcoins on social media have reached their lowest level in two years, according to crypto sentiment platform Santiment, while indicators suggest that investors are focusing on Bitcoin. Data from Santiment shows that for the week ended Feb. 27, altcoin social dominance scored 33, a sharp drop from its score of 750 in July 2025, around the time Dogecoin (DOGE) rallied 59% over 30 days. Google worldwide search data shows a similar pattern. The term “altcoins” scored 4 out of 100 near the end of February, compared with a score of 100 during mid-August, according to Google Trends. Read more
The crypto venture giant has launched a fifth fund with plans to close by mid-2026, according to sources. Crypto venture capital giant Andreessen Horowitz is doubling down on crypto despite a major market downturn, seeking $2 billion for a new crypto fund. A16z Crypto, the blockchain arm of venture capital firm Andreessen Horowitz, is raising a fifth crypto-focused fund, with plans to close by mid-2026, Fortune reported on Wednesday, citing anonymous sources. The latest round is significantly smaller than its previous $4.5 billion fund from 2022, but the company has shifted to a shorter fundraising cycle to remain flexible to ever-changing crypto narratives. Read more
Bitwise has tasked Bitcoin Brink, OpenSats and the Human Rights Foundation with deciding where to allocate its second annual donation to support Bitcoin. Crypto asset manager Bitwise has now donated a total of $383,000 to support developers who maintain and secure the Bitcoin network since 2024, with its latest $233,000 contribution announced on Wednesday. Its second payout, funded by 10% of gross profits from its Bitwise Bitcoin ETF (BITB), adds to the $150,000 that it donated in February 2025 after BITB’s first full year. “Bitwise is proud to donate $233,000 to support the unsung heroes maintaining and securing the Bitcoin network,” Bitwise said in a post to X on Wednesday. Read more