ZachXBT: Axiom Employees Engaged in Insider Trading

️ On today's Top Picks:

Crypto News

• US White House spokesperson reaffirms that US President Trump has no plans to pardon former FTX CEO Sam Bankman-Fried; SBF is currently in the process of trying to appeal his conviction.

• ⭐️ Ethereum Foundation $ETH releases 'strawmap', a strawman roadmap for Ethereum; highlights include fast L1, gigagas L1, post quantum L1, private L1, & teragas L2; outlines seven forks by 2029, one fork every six months.

• Ethereum Foundation $ETH to stake 70,000 Ethereum $ETH; staking rewards to be directed to the Foundation’s treasury to fund protocol research, ecosystem development, community grant funding, & more.

• ⭐️ Vitalik Buterin finishes selling Ethereum $ETH; sold total of 19,326 ETH (~$39M) since February 2nd; previously announced he would sell 16,384 ETH to fund several projects in January.

• ⭐️ Aave-Chan Initiative $AAVE publishes audit of Aave Labs' prior work ahead of 'Aave Will Win' proposal; highlights Aave Labs ~$86M in funding to date as it requests ~$51M for operating expenses in the proposal.

• Coinbase $COIN launches stock trading for all US users; features 24/5 commission-free trading; also partners with Yahoo Finance for real-time information on stocks.

• Kraken launches tokenized stocks perpetual trading using xStocks; features 24/7 trading with up to 20x leverage; available to non-US users in 110+ countries.

• Circle $CRCL Q4 2025 Earnings: $770M in revenue (+4% QoQ, +77% YoY), beating expectations; EPS of $0.43 (-33% QoQ), beating expectations; $75B USDC in circulation (+72% YoY).

• Hut 8 $HUT Q4 2025 Earnings: $88M in revenue (+6% QoQ, +179% YoY), missing expectations; EPS of $-0.16; currently semi-shifting from Bitcoin $BTC mining to AI infrastructure.

• GD Culture $GDC to sell part of Bitcoin $BTC holdings to fund share buybacks; currently holds 7,500 BTC (~$510M); recently approved up to $100M share repurchase program.

• ETHZilla $ETHZ drops Ethereum $ETH treasury strategy & rebrands to Forum Markets; to trade under the ticker FRMM beginning on March 2nd; shifting to tokenized real-world assets; still holds 69,802 ETH (~$144M).

• FG Nexus $FGNX sells 7,550 Ethereum $ETH (~$15M); previously sold 21,025 ETH for ~$55M in November 2025 & 2,500 ETH for ~$8M in January 2026; still holds 30,094 ETH (~$62M).

• Bitwise acquires staking provider Chorus One for an undisclosed amount; currently oversees ~$2.2B in staked assets; Chorus One co-founder Brian Crain to join Bitwise in advisory role.

Alpha

• Backpack $BACK to offer users 20% stake in the company; users who stake Backpack's upcoming token for at least one year will be able to exchange for equity; recently launched TGE Verified for upcoming airdrop.

• Nado $INK raises NLP cap from $6M to $7.4M; Templars of the Storm NFT holders are whitelisted for early access; to open to the public after 48 hours (February 28th).

• Abstract $ABS to change Abstract XP system; to focus XP distribution primarily on onchain activity (e.g. app interactions, trading, and DeFi participation); also launch Portal Streaks.

• ICYMI Euphoria $MEGA launches Week 2 of Tapathon; anyone who previously created a Euphoria account is eligible to participate; top participants will be eligible for rewards & prizes; to launch on MegaETH mainnet soon.

• ICYMI OpenEden $EDEN to launch PRISM pre-deposit campaign rewards on February 28th; also launches new daily EDEN rewards stream for all yPRISM token holders; full PRISM launch expected soon.

Airdrops

• OpenMind $ROBO closes airdrop registration; OpenMind points holders, community members, & more were eligible; to potentially launch airdrop claim on February 27th.

• MetaMask $MASK launches MetaMask LINEA Rewards Season 1 claim; closes in ~2 weeks; to potentially launch Season 2 soon; Polymarket projects ~31% chance MetaMask launches token by end of 2026.

• ICYMI Jupiter $JUP Net-Zero Emissions proposal passes; Jupuary airdrop postponed indefinitely; Jupuary tokens go into the Community Cold Multisig until the community decides what happens next.

• ICYMI Human[.]tech $HUMN to launch airdrop soon; HUMN Points holders & Human Tech Covenant Signatory NFT holders will potentially be eligible; HUMN Points Season 2 is currently live.

• ICYMI YO $YO to close airdrop claim on May 6th; YO points holders are eligible; token is non-transferable until enabled via governance vote.

• ICYMI Kraken's Ink Foundation $INK teases INK token; Nado & Tydro points holders, and more will potentially be eligible for INK airdrop; Nado Open Beta Season 1 & Tydro Season 2 are ongoing.

Finance News

• Nvidia $NVDA Q4 FY 2026 Earnings: $68B in revenue (+20% QoQ, +73% YoY), beating expectations; EPS of $1.62 (+25% QoQ, +82% YoY), beating expectations; Q1 FY 2027 revenue guidance of ~$78B.

• ⭐️ US Secretary of Defense Pete Hegseth threatens to declare Anthropic a “supply chain risk” unless it gives the US military unrestricted access to its AI model; reportedly given until February 27th (Friday) to ease restrictions.

• AI Companies (Amazon, Google, Meta, Microsoft, xAI, Oracle, & OpenAI) to sign agreement to generate own electricity supply for data centers; to meet with President Trump in March to sign the pledge.

• Meta $META & AMD $AMD agree to new deal; Meta to buy up to $100B worth of AMD chips; AMD to issue Meta performance-based warrant for up to ~10% of the company, vesting alongside certain milestones.

• Meta $META reportedly plans to integrate stablecoins in H2 2026; to reportedly partner with Stripe to help launch stablecoin-backed payments and implement new wallet.

• Stripe reportedly considers acquiring PayPal $PYPL; notably, Stripe's stablecoin platform Bridge recently received conditional approval for a national trust bank charter from the US OCC.

• TruStage to launch dollar-pegged stablecoin TSDA in partnership with Block Time Financial; reportedly works with ~93% of all US credit unions providing insurance products, investment solutions, retirement plans, & other financial tools.

• Cipher Mining $CIFR rebrands to Cipher Digital amid shift from Bitcoin $BTC mining to AI data center development; reported Q4 2025 earnings: $60M in revenue (-17% QoQ, +41% YoY), missing expectations.

Security and Exploits

• ⭐️ ZachXBT: Axiom employees allegedly engaged in insider trading; "abused the lack of access controls for internal tools to lookup sensitive user details to insider trade by tracking private wallet activity since early 2025."

• Anthropic’s Claude AI reportedly used by hackers to identify vulnerabilities and steal ~150GB of sensitive data from the Mexican government; data includes taxpayer info, voter records, & official credentials.

• Kalshi suspends & fines Mr Beast editor Artem Kaptur & former California gubernatorial candidate Kyle Langford for insider trading; discloses it has opened ~200 investigations to date.

• Foom exploited for ~$2.26M due to misconfigured Groth16 verifier; ~$427K on Base & ~$1.83M on Ethereum; though, the Ethereum transaction appears to be a whitehat rescue operation.

• Ploutus exploited for ~$390K due to oracle misconfiguration; notably, the Ploutos website and social media accounts have since been deleted (potentially an inside job).

• Discord delays rollout of age verification from March to H2 2026 after community backlash; recently clarified that majority of users will NOT have to do age verification.

Token Unlocks

• Humanity $H / ~$14M / FEB 25th
• Plasma $XPL / ~$8M / FEB 25th
• Optimism $OP / ~$4M / FEB 28th
• Grass $GRASS / ~$13M / FEB 28th
• Jupiter $JUP / ~$40M / FEB 28th
Sourced from Tokenomist

Funding

• Whop raises $200M in Strategic funding from Tether.

• t54 Labs raises $5M in Seed funding led by Anagram, PL Capital, & Franklin Templeton.

• TBD raises $3M in Seed funding led by CMT Digital & ParaFi Capital.

• Power Protocol $POWER raises $3M in funding from BITKRAFT Ventures.

• Kash raises $2M in Pre-Seed funding led by The Spartan Group & Big Brain Holdings.

• TruFin raises an undisclosed amount in Strategic funding from SC Ventures (Standard Chartered).

The Degen Farmer