The White House has demanded that ABC News retract its report on a potential Iranian attack on California, stating it exaggerated the threat and relied on unverified information. While California's government has made preparations to respond, no imminent threat has been identified. Meanwhile, Iranian drones have become increasingly important in Middle East warfare, and cryptocurrency has also played a role in related supply chains. This incident demonstrates the critical importance of drones and digital currency in modern warfare.

February 24 News, Bitcoin mining hardware manufacturer Canaan announced that it will invest approximately $39.75 million to acquire a 49% stake in Cipher Mining's three Bitcoin mining farm projects in Texas, further expanding its strategic footprint in North American Bitcoin mining infrastructure and energy assets. The deal covers Alborz LLC, Bear LLC, and Chief Mountain LLC (collectively known as the ABC projects). After the transaction is completed, renewable energy infrastructure company WindHQ will still hold a 51% controlling stake.

XRP's ongoing pullback is sparking discussions in the market about "history repeating itself." Several technical analysts point out that the current trend closely resembles the ABC correction structure in the 2021 cycle, which may provide important clues about when this round of decline will end. Looking back at the trend, XRP fell about 35% in Q4 2025, then briefly rebounded in early 2026, rapidly rising from $1.84 in early January to a high of $2.41, but was quickly met with strong resistance and pulled back. Since that high, the price has retraced approximately 41%, currently hovering around $1.42, hitting a new low since November 2024. The decline has entered its fifth month, and market sentiment is becoming more cautious.

Odaily News According to monitoring by The Data Nerd, 1 hour ago, GSR (0x123...abc) transferred 2000 ETH to DBS Bank, worth 5.93 million dollars. In the past 2 days, GSR has transferred a total of 4400 ETH to DBS Bank, with a total value of 13.2 million dollars.

Odaily星球日报讯 澳大利亚比特币行业协会已就 ABC 新闻的一篇文章提出正式投诉，称该文章包含“多处事实错误”和“片面报道”，ABC 的这篇有争议的文章声称，比特币“没有任何实际用途”，主要被“那些在暗中活动的人”使用，该协会呼吁 ABC 新闻发布更正声明，并在未来的加密货币报道中引入相关领域的专家意见。（Decrypt）

The Australian Bitcoin Industry Association (ABIB) has officially filed a complaint with the Australian Broadcasting Corporation (ABC), accusing it of "inaccurate and misleading" reporting on Bitcoin. The complaint targets an ABC article that primarily described Bitcoin as a tool for money laundering, overlooking its use cases in energy stability, humanitarian aid, and sovereign reserves. The documents submitted by ABIB point out that the ABC article reduced Bitcoin to being "useless," focusing on price volatility and money laundering as the core issues, while ignoring its publicly known legitimate uses and technological potential. The industry body is calling on ABC to issue a correction and to cite domain experts in future coverage.