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11 Feb 2026, 10:13

Robinhood Launches Public Testnet for Ethereum L2 Focused on Tokenized Assets

Robinhood has launched a test version of its Robinhood Chain, a layer‑2 solution leveraging Arbitrum’s technology on Ethereum. The move aims to enable users to interact with both digital and tokenized real-world assets directly on blockchain networks. Visit Website

11 Feb 2026, 10:10

FTX Unstake SOL: A Critical $15.9 Million Move in Landmark Bankruptcy Proceedings

BitcoinWorld FTX Unstake SOL: A Critical $15.9 Million Move in Landmark Bankruptcy Proceedings In a pivotal development for one of cryptocurrency’s most consequential bankruptcies, blockchain data confirms that entities linked to the defunct FTX exchange and its sister trading firm, Alameda Research, have initiated a major unstaking of Solana (SOL) tokens. This action, involving 196,611 SOL valued at approximately $15.97 million, represents a critical step in the complex process of liquidating assets to repay creditors. The move, tracked by the on-chain analytics platform Onchain Lens, immediately rippled through market sentiment and analyst discussions, highlighting the ongoing and profound impact of the FTX collapse on the digital asset ecosystem. This event underscores the intricate interplay between bankruptcy law, blockchain transparency, and cryptocurrency market dynamics. FTX Unstake SOL: Decoding the On-Chain Transaction According to verified data from Onchain Lens, the unstaking transaction occurred precisely four hours prior to initial reporting. The process involved moving 196,611 SOL from a staked, illiquid state into a liquid, transferable form. Consequently, this action frees the substantial cryptocurrency holding for potential future movement or sale by the bankruptcy estate. Staking, a core mechanism of the Solana proof-of-stake network, typically involves locking tokens to support network security and operations. Therefore, unstaking them is a deliberate process that signals intent for liquidity. The transparency of public blockchains allows firms, journalists, and the public to monitor such wallets associated with known entities like FTX and Alameda in real-time. This specific transaction follows a pattern of asset movements monitored since the FTX Group’s Chapter 11 filing in November 2022. The estate, under the leadership of CEO John J. Ray III, has been methodically identifying, securing, and beginning to monetize a vast portfolio of digital and traditional assets. Previously, the estate moved other cryptocurrencies like Ethereum and Bitcoin. The Solana blockchain’s particular efficiency and lower transaction costs make tracking these movements exceptionally clear. Analysts consistently watch these addresses because large, scheduled unlocks can influence market supply perceptions. The Broader Context of Bankruptcy Asset Management The decision to unstake is not taken lightly by bankruptcy administrators. Firstly, staked assets often generate yield, which could benefit the estate. However, liquid assets are required for creditor repayments and operational costs. The administrators must balance maximizing asset value with the legal mandate to convert assets to cash. Secondly, large sales must be managed carefully to avoid depressing market prices, which would harm the estate’s recovery value. Court filings show the estate has employed experienced advisors, including Galaxy Digital, to develop structured selling plans. This $15.9 million unstaking event is likely part of a pre-approved, strategic liquidation plan designed to minimize market disruption while fulfilling fiduciary duties. Impact on Solana Market and Ecosystem Sentiment The immediate market reaction to the news was measured, with SOL prices showing minor volatility. This relative stability suggests the market may have anticipated such moves or views the amount as manageable within daily trading volumes. However, the psychological impact is significant. The FTX and Alameda estates are known to hold a large, residual stake in Solana tokens and related assets like locked SOL from the project’s initial sales. The potential future release of these tokens into the circulating supply remains a key topic for investors and analysts. Market participants now closely monitor the flow of these unstaked tokens to see if they are transferred to custodian wallets or exchange addresses, which would signal an imminent sale. Furthermore, the Solana ecosystem itself has demonstrated remarkable resilience post-FTX. Despite the close historical ties between FTX’s founder, Sam Bankman-Fried, and the Solana project, the network’s developer activity and user adoption have grown. This unstaking event serves as a reminder of that historical link but also of the ecosystem’s decoupling from its former largest supporter. Network metrics, such as active addresses and total value locked in decentralized applications, provide a more comprehensive health check than the actions of a single bankrupt entity. Recent Major Asset Movements by FTX Estate Asset Approximate Value Date Period Purpose/Status Various Cryptocurrencies $3.4 Billion Q4 2023 – Ongoing Liquidated via managed sales Anthropic AI Shares ~$1.3 Billion March 2024 Partial sale completed Solana (SOL) Tokens ~$2.6 Billion (Book Value) Locked until 2025-2028 Held, with portions being unlocked This Unstaking Event $15.97 Million March 2025 Liquidity preparation Legal and Procedural Framework Governing the Process The unstaking and any subsequent sale operate within a strict legal framework established by the United States Bankruptcy Court for the District of Delaware. The FTX debtors must seek court approval for major asset sales or liquidation strategies. For instance, the estate previously received approval to sell digital assets through an investment advisor in structured, weekly batches to avoid market harm. Any movement of assets of this scale is almost certainly executed under such a pre-approved plan. The primary goals, as stated in court documents, are to maximize recoveries for creditors and ensure equitable treatment among claimant classes. Every action is scrutinized by the official committee of unsecured creditors and other legal stakeholders. This process highlights a unique challenge in cryptocurrency bankruptcies: the transparency of blockchain. While traditional corporate asset sales can occur privately, major wallet movements are public. This creates a scenario where the estate’s actions are visible in real-time, potentially affecting strategy. The estate’s advisors must therefore factor in market sentiment and front-running behavior. Their approach has increasingly involved clear communication about sales plans to reduce uncertainty, a practice that may set a precedent for future digital asset insolvencies. Expert Analysis on Creditor Recovery Implications Financial restructuring experts note that the systematic liquidation of high-quality, liquid assets like Solana is a positive sign for creditor recovery. Converting volatile crypto assets into stable currency or using them to fund interim distributions reduces risk for the estate. The estimated total value of the FTX estate’s Solana holdings is substantial, representing a key component of the potential payout to users who lost funds. The careful management of these sales directly influences the final recovery percentage, which current estimates place significantly higher than initial projections. Each successful, non-disruptive sale strengthens the estate’s cash position and brings creditors closer to repayment. Conclusion The unstaking of $15.9 million in SOL by addresses linked to FTX and Alameda Research is a material event within the larger narrative of the exchange’s bankruptcy. This action, while a single transaction, reflects the meticulous, court-supervised process of converting a vast digital asset portfolio into funds for creditor repayment. It demonstrates the intersection of blockchain’s inherent transparency with traditional bankruptcy proceedings. For the Solana market, it is a monitored data point within a broader context of ecosystem growth. Ultimately, the FTX unstake SOL event underscores the ongoing efforts to resolve one of crypto’s largest failures, with every move scrutinized for its impact on market stability and victim recovery. The process continues to provide critical lessons for asset management, regulatory oversight, and investor protection in the digital age. FAQs Q1: What does it mean to “unstake” SOL? Unstaking SOL means withdrawing the tokens from the process of participating in the Solana network’s proof-of-stake consensus mechanism. While staked, tokens help secure the network and earn rewards but are less liquid. Unstaking makes them freely transferable and available for sale or transfer. Q2: Why is the FTX estate unstaking and selling assets? Under Chapter 11 bankruptcy, the estate’s fiduciary duty is to marshal all assets, convert them to cash where prudent, and distribute the proceeds to approved creditors to settle the company’s debts. Selling liquid assets like cryptocurrency is a standard part of this process. Q3: Will this $15.9 million SOL sale crash the price? Based on current SOL market capitalization and daily trading volume, a sale of this size is unlikely to cause a major price crash. The FTX estate has implemented structured sales plans approved by the court specifically to avoid market disruption by selling in controlled batches over time. Q4: How much SOL does the FTX estate still hold? Exact figures fluctuate with market prices and sales. However, court documents and analyst estimates suggest the estate’s remaining Solana holdings are still valued in the billions of dollars, including a significant amount of tokens that are locked and vesting on a schedule through 2028. Q5: Can the public track these transactions themselves? Yes. Because blockchains like Solana are public ledgers, anyone can use blockchain explorers or analytics platforms like Onchain Lens, Solscan, or others to view the transaction history of wallets known to be associated with the FTX debtors, provided they have the wallet addresses. This post FTX Unstake SOL: A Critical $15.9 Million Move in Landmark Bankruptcy Proceedings first appeared on BitcoinWorld .

11 Feb 2026, 10:09

The Technical Term That Makes XRP the Bridge Asset on the XRPL

An explanation shared by XRPL Validator Vet has placed renewed focus on one of the most fundamental technical features of the XRP Ledger: autobridging . In a post accompanied by visual diagrams, Vet described autobridging as the mechanism that establishes XRP as the bridge asset on the network. According to the validator, this function is not a marketing concept but a technical process embedded directly into how the decentralized exchange on the XRP Ledger operates. Vet explained that autobridging connects currencies via their XRP trading pairs on the XRPL DEX. When direct liquidity between two assets is limited, the system automatically routes trades through XRP pairs to create a synthetic path. This allows the ledger to match orders more efficiently without requiring a deep direct order book between every possible currency pair. Autobridging is the the technical term that makes XRP the bridge asset on the XRP Ledger. It connects currencies via their respective XRP pair on the DEX. XRP has a privileged role on the network! pic.twitter.com/erlJjqi7Xx — Vet (@Vet_X0) February 9, 2026 How Autobridging Works in Practice The images attached to the post illustrate this process using a GBP/BRL example. A direct order book for GBP/BRL may exist, but can be shallow. Through autobridging, the ledger combines liquidity from the GBP/XRP and XRP/BRL order books to generate a synthetic GBP/BRL order book. This synthetic liquidity is then merged with the direct order book, creating a combined view that traders interact with. Vet emphasized that this process happens automatically at the protocol level. Users do not need to manually route trades through XRP , as the ledger evaluates available paths and selects the most efficient option. By design, XRP sits at the center of this mechanism, enabling currencies to connect even when they have no active direct markets. XRP’s Privileged Role on the Network In the post, Vet stated that “XRP has a privileged role on the network,” clarifying that this status comes from its function within autobridging. Because XRP is the common denominator for connecting disparate assets, it enhances liquidity access across the entire ledger. This role allows the XRP Ledger to support a wide range of issued currencies without fragmenting liquidity across countless isolated trading pairs. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The validator’s explanation aligns with the original architectural goals of the XRPL, which prioritized efficiency, low friction, and continuous liquidity. Autobridging ensures that the ledger can scale asset diversity while maintaining effective price discovery. Community Reactions to the Explanation Several community members responded positively to VET’s clarification. The account XRP Insight described autobridging as a design decision that contributes to long-term infrastructure durability. Carlo Goncalves highlighted that this feature has been part of the XRP Ledger since its early years, calling it one of the network’s strongest technical components. Another commentator, Crypto Daddy, noted that XRP’s utility as a bridge asset enables smooth transfers and liquidity movement across different assets on the ledger. Together, the explanation and reactions reinforce the view that autobridging is not an optional feature but a core element of how the XRP Ledger functions at scale. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post The Technical Term That Makes XRP the Bridge Asset on the XRPL appeared first on Times Tabloid .

11 Feb 2026, 10:01

Robinhood Blockchain Enters Public Testing as BMIC Presale Soars

What to Know: Robinhood Chain’s public testnet (Feb. 10, 2026) spotlights the next crypto battleground: compliant, always-on onchain finance at scale. BTC (~$66.7K) and ETH (~$1.98K) prices show a market still heavily influenced by ETF flow volatility and macro risk sentiment. ETF outflows and sharp single-day drawdowns underline how quickly liquidity conditions can tighten, especially for higher-beta tokens. BMIC targets post-quantum wallet security, reframing ‘self-custody’ as a long-duration threat-management problem, not a UX feature. Robinhood’s crypto ambitions just got a lot more serious. On February 10, 2026, the company launched a public testnet for its ‘ Robinhood Chain ,’ a new Ethereum Layer 2 built on Arbitrum’s tech stack. The goal? To create a regulated home for tokenized real-world assets (RWAs) and other onchain financial services. This isn’t just another ‘brand chain’ headline. A Robinhood‑backed L2 fundamentally changes the plumbing: we’re talking settlement rails, compliance posture, and a new gateway for institutions. If that thesis holds, the real impact isn’t faster trades. It’s entirely new distribution. The timing couldn’t be better, or more complicated. Crypto is in a fragile rebound after a sharp drawdown from late‑2025 highs. Bitcoin is hovering around $66.7K and Ethereum near $1.98K , both twitching with every shift in ETF flows and macro risk. (coinmarketcap.com) That ETF volatility has been a real pressure point, a stark reminder of how quickly sentiment can flip when big money rebalances. ( And in markets like this, where infrastructure headlines compete with risk-off undercurrents, security narratives tend to get louder. Not ‘security’ as in price protection. Security as in cryptography, custody, and survivability (especially with long-duration holders asking an uncomfortable question: what threats are being ignored until they’re suddenly not?). That’s where BMIC ($BMIC) enters the conversation. Check BMIC HERE. Robinhood’s L2 Push Highlights the Next Bottleneck: Secure Self-Custody Robinhood Chain’s testnet signals a clear direction: more assets onchain, more composability, more 24/7 markets. But here’s the catch: scaling settlement is only half the battle. The real risk is that broader adoption also means a much, much bigger attack surface. The data points to a predictable bottleneck: as tokenized assets and consumer-facing onchain apps proliferate, key management and wallet security become the ‘quiet’ systemic risk. More users. More transactions. More value sitting behind cryptographic assumptions that were designed for a pre‑quantum world. That’s the exact problem BMIC ($BMIC) is built to solve. It’s an ERC‑20 project positioning itself as a quantum-secure wallet play, pitching a full ‘wallet + staking + payments’ stack protected by post‑quantum cryptography. The hook is simple and, frankly, a bit unnerving: ‘harvest now, decrypt later’ attacks aren’t theoretical threats for long-term capital. BMIC’s feature set leans into that: Zero Public-Key Exposure, AI‑Enhanced Threat Detection, and a ‘Quantum Meta‑Cloud’ layer, alongside ERC‑4337 smart accounts as the account model. In a market obsessed with throughput and product distribution, this suggests a contrarian edge: security that’s engineered for the next threat model, not the last cycle’s hacks. $BMIC is available here. BMIC Presale Gains Traction as Markets Re-Price Risk While the major coins churn, presales tied to clear narratives, RWAs, infrastructure, security, are grabbing attention. Why? They offer asymmetric bets. The caveat, of course, is obvious: in a drawdown, liquidity dries up fast, and new tokens can get hammered if momentum fades. Against this backdrop, BMIC is already showing measurable demand. According to its official presale page, the project has raised $446K with tokens currently priced at $0.049474. Those are hard numbers in a market where too many ‘hot’ narratives trade on vibes instead of traction. BMIC’s angle isn’t to out-meme the market. It’s to outlast it. The project is tying token utility to concrete functions like ‘Ecosystem Fuel’ and ‘Staking & Governance’ while emphasizing quantum-secure staking without exposed keys. (It’s also worth noting they haven’t promised a specific APY, so any yield expectations should be treated cautiously, a refreshingly transparent move). Looking ahead, smart money is watching two things. First, can Robinhood Chain actually accelerate user onboarding and push self-custody into the mainstream? And second, can security-first projects like this one convert an ‘inevitable future risk’ into present-day demand, especially while ETF volatility keeps the market on edge? Buy your $BMIC here. This article is not financial advice; crypto is volatile, presales are risky, and product claims may change; always verify details independently.

11 Feb 2026, 09:57

Stripe taps Base to power x402 AI payment handshakes

Stripe has launched x402 payments on Base to enable automated handshakes between AI agents transacting using Circle’s USDC. Jeff Weinstein, the product manager at Stripe, says AI agents are becoming increasingly popular as a new category of users to build for and/or sell to. According to Weinstein, Stripe is rolling out a preview of machine payments, a way for developers to directly charge agents with a few lines of code. The Stripe product manager also announced that his company is releasing an open-source CLI (Command Line Interface) called “Purl” for users and bots to test machine payments in the terminal, along with Python and Node samples. Stripe is building economic infrastructure to help businesses thrive in the near future, where AI agents, humans, and businesses all transact, according to Weinstein. He also observes that while there are currently billions of human users, trillions of autonomous AI agents are expected, some of which are now clawing their way onto Mac minis. Businesses to charge AI agents via Stripe’s PaymentIntents API The flow: 1/ Create a PaymentIntent 2/ Stripe generates a unique deposit address per transaction 3/ Return the address to an agent and instruct it to send funds or a payment token 4/ Track transaction status via API, webhook, or Dashboard 5/ Funds settle in your default balance pic.twitter.com/txX5nGMrtX — Jeff Weinstein (@jeff_weinstein) February 10, 2026 Weinstein says that businesses will now be able to charge AI agents for their API usage, MCP calls, or HTTP requests, and accept machine payments via Stripe’s regular ol’ Payment Intent API. Additionally, there will also be agent-specific pricing plans, alongside traditional subscriptions and invoices. “We’re launching with support for x402 using USDC stablecoins on Base, with more protocols, payment methods, currencies, and chains to come. Let us know which to prioritize.” – Jeff Weinstein , Product Manager at Stripe To charge AI agents, businesses will first be required to create a PaymentIntent, according to Weinstein. Stripe will generate a unique deposit address per transaction and return it to an AI agent together with instructions to send funds or a payment token. Businesses will also be able to track transactions through API, Dashboard, or Webhook before funds are settled in their default Stripe balances. Weinstein also mentioned that the new feature is rolling out to a handful of early developers starting February 11. He requested feedback via email , promising a wider release to all users over the coming weeks. Meanwhile, some claim that session-key spend and merchant allowlists feel like the missing default for AI agent payments. They believe it would be way easier for Stripe to ship the updates “in prod” if that lands early. Stripe increases focus on expanding agent economy Stripe’s newly launched product reflects its growing focus on what it calls the “agent economy”, where software programs operate autonomously and manage their own finances. The company says AI agents are expected to buy data, computing resources, and digital services without human intervention. However, support is now focused on USDC on Base, which offers predictable, stable pricing. On the other hand, industry observers view the move as another sign that AI, Fintech, and crypto are converging more rapidly. Services can now be priced per request, per action, and per second, instead of relying on monthly prepaid credits or plans. Meanwhile, Ahmed Gharib, Stripe’s head of agentic commerce, claims that his company is focused on creating industry standards for agentic transactions. The company announced the Agentic Commerce Protocol (ACP) in September last year, introducing the first live standard that enables programmatic commerce flows between AI agents and businesses. Stripe and OpenAI built ACP to integrate it with existing commerce. Meanwhile, Google introduced AP2 (Agent Payment Protocol), which focuses on authorization rather than payments themselves. According to Google, AI agents need to prove that the money spent reflects the user’s intent. AP2 defines how to express user-granted permissions in a verifiable way, for instance, “This AI can spend a maximum of $100 per day and only on data APIs and Netflix subscriptions.” Google’s AP2 is a significant step toward a future in which AI agents are meaningful economic actors, whether on behalf of humans, businesses, or themselves, according to Sreeram Kannan, the founder and CEO of Eigen Labs. Sharpen your strategy with mentorship + daily ideas - 30 days free access to our trading program

11 Feb 2026, 09:40

Cardano 'Midnight Fixes Everything': Charles Hoskinson

Cardano founder has promoted pivacy protocol Midnight as a network that can solve the blockchain trilemma.