Over the past week, the cryptocurrency market has witnessed many notable events. Let's take a look back at the hottest crypto news of the past week with Allinstation!
Israel declares attack on Iran, multiple large explosions reported in Tehran.
The security situation in the Middle East continues to escalate as Israel confirms it carried out an attack on Iran, following a large explosion in the center of Tehran on February 28. According to Iranian state media, including the IRNA news agency, a powerful explosion rocked the city, accompanied by a thick column of smoke, raising concerns about the potential for an escalation of military conflict between the two countries , which have been locked in a fierce rivalry for many years.
Details: Israel Declares Attack on Iran, Multiple Large Explosions Occur in Tehran
Trump announced that Iran's Supreme Leader Ali Khamenei had died.
US President Donald Trump announced that Iran's Supreme Leader Ali Khamenei had died following coordinated US-Israel airstrikes on Iranian territory. This news immediately sent shockwaves through the international political arena, escalating tensions in the Middle East to a new level.
Details: Trump Announces Iranian Supreme Leader Ali Khamenei Has Been Killed
UBCKNN announces the establishment of a Party Branch for the Market Management Board of Cryptocurrency Trading in Vietnam.
On the morning of February 27, 2026, the Party Committee of the State Securities Commission (SSC) held a conference to announce the Decision to establish the Party Branch of the Cryptocurrency Trading Market Management Board. This is XEM an important step in the process of strengthening the Party organization, aiming to ensure comprehensive and consistent leadership over the cryptocurrency sector – a rapidly growing market that poses many new demands for management, supervision, transparency, and investor protection in Vietnam.
Magic Eden is reportedly shutting down several products to refocus on the Solana system.
Magic Eden – one of the largest Non-Fungible Token marketplaces in the cryptocurrency market – is reportedly preparing for a significant strategic restructuring, planning to close its marketplace for Bitcoin and EVM-compatible blockchains, and discontinue support for Multi-Chain wallets to refocus all resources on the Solana ecosystem and its new development direction.
Details: Magic Eden Nghi is about to close many products to refocus on the Solana system.
ZKsync announced the discontinuation of its ZKsync Lite network starting May 4th.
ZKsync has officially announced the closure of the ZKsync Lite network on May 4th, as the ecosystem shifts its focus to the upgraded ZKsync Era. According to the plan, Block production on ZKsync Lite will completely cease on May 4th. After this date, the network's final state will be "frozen" to ensure the safety of user assets. The team stated that freezing the state aims to maintain data integrity and avoid technical risks after the shutdown.
Details: ZKsync Announces ZKsync Lite Network Service Discontinuation Effective May 4th
Robinhood launches Layer 2 testnet for Real World Assets.
Robinhood has officially launched a testnet for a new Layer 2 network focused on Tokenize real-world assets. This network is built on Arbitrum technology. This move marks a new step for Robinhood in expanding into blockchain infrastructure and on-chain digital assets.
Details: Robinhood Launches Layer 2 Testnet for Real World Assets
Nearly 9% of the world's population holds cryptocurrency.
According to a newly released report by BitGo , citing data from Venture Capital Andreessen Horowitz (a16z) , approximately 60% of the 25 largest banks by asset size in the US have offered or announced plans to deploy services related to Bitcoin and digital assets, including trading and custody. The report indicates that the trend of integrating digital assets into the traditional financial system is stronger than in previous cycles.
Details: Nearly 9% of the World's Population Holds Crypto
Wikipedia co-founder: Bitcoin price could fall below $10,000 by 2050
Wikipedia co-founder Jimmy Wales has offered a noteworthy perspective on the future of Bitcoin. According to Wales, Bitcoin's design is technically robust enough that the likelihood of it "going zero" is very low, unless a major incident occurs, such as a Cryptology failure or a 51% Attack. Even in those extreme scenarios, he believes the network could still survive through Fork mechanisms.
Details: Wikipedia Co-Founder: Bitcoin Price Could Fall Below $10,000 by 2050
ZachXBT accuses numerous Axiom employees of insider trading.
After days of the crypto community holding its breath awaiting the conclusion of the investigation, renowned on-chain analyst ZachXBT officially released his report concerning Axiom , a decentralized exchange (DEX) operating on the Solana ecosystem. The incident immediately sent shockwaves through the DeFi market, raising concerns about the risk of misuse of internal data and governance issues within decentralized platforms.
Details: ZachXBT Accuses Numerous Axiom Employees of Insider Trading
Ethereum is expected to undergo 7 upgrades over the next 3 years.
On February 26th, the Ethereum Foundation released a new technical roadmap called the “strawmap,” outlining seven major Hard Fork upgrades to the Ethereum network between now and 2029. This document quickly attracted the attention of the global blockchain community as it aims to reshape Layer 1 performance, shorten Block creation times, drastically reduce finality times, and integrate native privacy directly into the Primary Network.
Details: Ethereum Expected to Undergo 7 Upgrades in the Next 3 Years
The Trump WLFI project proposes a new governance mechanism for the WLFI Token , tightening voting rights and pegging it to USD1.
On February 26th, World Liberty Financial (WLFI) announced a comprehensive reform proposal for its on-chain governance system, requiring WLFI Token holders to Staking for a minimum of 180 days before being eligible to vote. This is XEM as a strategic move to restructure governance, enhance long-term community commitment, and strengthen the role of the USD1 stablecoin within the entire ecosystem.
Trump's "Board of Peace" is XEM developing a dollar Peg stablecoin for Gaza.
According to the Financial Times, an initiative reportedly linked to the "Board of Peace" under Donald Trump is exploring the possibility of deploying a USD- Peg stablecoin to support payments in Gaza, amid the near paralysis of the traditional banking system there.
Details: Trump's "Board of Peace" XEM Developing a Stablecoin Peg to the US Dollar for Gaza
Mark Zuckerberg's Meta plans to re-enter the stablecoin market.
According to CoinDesk, sources familiar with the matter say that Meta Platforms, the technology company founded by Mark Zuckerberg, is planning to re-enter the stablecoin market in the second half of this year . The sources indicate that Meta is considering integrating a stablecoin payment solution through a third-party provider, as well as developing a new wallet to facilitate digital asset transactions.
Details: Mark Zuckerberg's Meta Plans to Re-enter the Stablecoin Field
VPBank's CAEX trading floor plans to increase Capital to VND 10,000 billion.
On February 25th, Vietnam Prosperity Cryptocurrency Exchange Joint Stock Company (CAEX) announced that it is finalizing procedures to increase Capital from VND 25 billion to VND 10,000 billion. If completed, the new Capital level will be 400 times higher than the current level, meeting the requirements to operate the exchange according to regulations.
