Mag Magna Corp. Appoints New Board Members and Officers ELEMENT-- Press Alt+1 for screen-reader mode, Alt+0 to cancel [Accessibility Screen-Reader Guide, Feedback, and Issue Reporting | New window][Back to the Newsroom]# Mag Magna Corp. Appoints New Board Members and OfficersLAS VEGAS, NV / [ACCESS Newswire]/ February 24, 2026 / Mag Magna Corp. (OTCID:MGNC) (the "Company"), a rare earth minerals mining company, announced that Jamal (Jamie) Khurshid, Gonca Demir, Daniel Marcus and Nicholas Gregory have been ...

Institutions can now use Benji-issued tokenized money market funds as off-exchange collateral to trade on Binance using Ceffu’s custody layer.Mumbai, India, February 18, 2026 —Franklin Templeton, a global investment leader and Binance, the world’s leading cryptocurrency exchange by trading volume and users, today announced a new institutional off-exchange collateral program, making digital markets more secure and capital-efficient. Now live, eligible clients can use tokenized money market fund shares issued ...

Stock buybacks have become the preferred method of returning value to shareholders over the last decade, almost tripling in value for the top 1200 companies globally during this period. So when companies announce a new buyback program, it sounds like just another development. Investors reacted differently, however, when Coinbase (COIN) announced it had bought back about 8 million shares in the previous quarters in an attempt to reduce share dilution. The stock went up 16% on the news as investors welcomed ...

Core Insights - The leading digital asset is transitioning from financial speculation to practical applications, with SoFi Technologies demonstrating significant growth in 2025, including a 38% year-over-year increase in adjusted net revenue and the addition of 1 million new customers in the last quarter, totaling 13.7 million customers [1][2] Group 1: Company Performance - SoFi's success is attributed to its focus on innovation and product development, showcasing a clear use case for cryptocurrency [2] - The company has entered the remittance market through a partnership with Lightspark, aiming to provide fast and cost-effective cross-border payments [4] - SoFi Pay now allows U.S. users to send money to over 30 countries using the Bitcoin Lightning network, enhancing user experience by converting dollars to Bitcoin for transactions [5] Group 2: Market Opportunity - The remittance market is substantial, with approximately $38 billion sent between the U.S. and India in 2024, highlighting the potential for SoFi to disrupt high fees and long processing times [6] - The management's commentary on the new service's usage will be crucial for ongoing customer growth, particularly for those seeking better value [6] - The evolution of Bitcoin from a financial asset to a payment mechanism could increase demand and transaction volume, potentially driving up its price in the long run [9]

Core Insights - Bittensor (CRYPTO: TAO) is a cryptocurrency that merges blockchain technology with artificial intelligence (AI), allowing developers to collaborate and train machine learning models [1] - Recent improvements in sentiment towards AI have positively impacted Bittensor, contributing to a 5.1% price increase over the past week [2] - Structural changes, such as a post-halving supply shock, have reduced daily emissions of TAO tokens, leading to increased staking and potential price volatility [4] Industry Trends - The AI sector is experiencing a bullish trend, with increased spending and positive investor sentiment driving interest in related cryptocurrencies like Bittensor [2][5] - A 34% increase in subnet usage indicates growing demand for Bittensor's network capabilities, suggesting that the market may not fully reflect the potential for future growth [5][6] - Despite a significant decline of over 50% in Bittensor's value this year, there are expectations for substantial upside in the coming months due to its scaling roadmap and ability to host more AI workloads [6]

Summary of Intercontinental Exchange (ICE) Conference Call Company Overview - Intercontinental Exchange (ICE) is a leading global futures exchange with a significant presence in data and software offerings, particularly in fixed income and U.S. residential mortgage markets. ICE has grown to a $100 billion futures business by pioneering electronic trading in financial markets [3][4]. Industry Context - The geopolitical environment, including tensions involving Ukraine, Iran, and Venezuela, has positively impacted ICE's futures business, contributing to a year-to-date futures volume increase of over 60% compared to 2023 [3][4]. Core Business Insights - ICE's energy business, which is its oldest segment, continues to see robust growth across various energy products. The company has strategically expanded its offerings to include a wide range of risk management contracts [4][5]. - The company emphasizes product creation and understanding customer pain points as key drivers of growth, rather than relying solely on external volatility [5][6]. Future Growth Strategy - ICE aims to leverage its technology and data services to enhance efficiency and transparency across financial markets over the next 5-10 years. The demand for high-quality data, especially in the context of AI, is expected to be a significant growth driver [9][10]. - Recent initiatives include tokenization on the equity side and Treasury Clearing approval, which are anticipated to create new revenue opportunities [10][11]. M&A and Financial Performance - ICE has achieved $100 million in revenue synergies from integrating platforms like Black Knight and Ellie Mae, with a target of $125 million by 2028. The company is focused on enhancing technology to drive efficiencies in mortgage origination and servicing [17][19]. - The company maintains a leverage level of 3x EBITDA and is currently prioritizing stock buybacks while remaining open to M&A opportunities that align with its strategic goals [29][30]. Data and Technology Segment - The data and network technology segment has shown strong growth, with expectations for continued high single-digit growth in 2026. Key drivers include the demand for data and connectivity, particularly through the ICE Global Network [20][22]. - The integration of AI into existing platforms is seen as a way to enhance operational efficiency and create new products, leveraging proprietary data that ICE possesses [25][56]. Blockchain and Future Innovations - ICE is exploring blockchain technology and tokenization to improve efficiency in its clearinghouses and trading processes. The company has identified potential use cases for stablecoins and tokenization to reduce collateral requirements and enhance trading volumes [34][36][39]. - The company is also focused on the upcoming launch of Treasury clearing in 2026, positioning itself against established competitors like CME and DTCC by leveraging its existing infrastructure and expertise [41][42]. IPO Market Outlook - The IPO pipeline for 2026 is expected to be strong, with ICE positioned to monetize relationships with new issuers beyond initial listings through cross-selling opportunities across its various business segments [45][46]. Conclusion - ICE is strategically positioned for growth through its diverse offerings in futures, data services, and technology. The company is focused on leveraging its proprietary data and technology to enhance operational efficiencies and drive future revenue growth while navigating a dynamic geopolitical landscape [3][9][10].

Core Viewpoint - The recent snap election victory of the Liberal Democratic Party (LDP) is expected to facilitate long-awaited crypto tax reforms in Japan, with Prime Minister Sanae Takaichi's leadership seen as a pivotal factor in this process [1]. Group 1: Election and Leadership - Prime Minister Sanae Takaichi called the snap election in January, leveraging her high pre-election approval ratings, and promised to resign if her party did not secure a decisive majority [1]. - The LDP achieved a supermajority of two-thirds in the lower house, which strengthens Takaichi's position to implement reforms [1]. Group 2: Crypto Industry Insights - A Japanese crypto trader noted that Takaichi's stance on crypto is neutral, neither particularly pro- nor anti-crypto, which may lead to continued reforms in Japan's restrictive crypto laws [2]. - The Japanese cryptocurrency industry is currently focused on tax reform and the reclassification of Bitcoin and leading altcoins as financial investment products rather than payment forms [3]. Group 3: Tax Reform Plans - The tax reform plan includes a flat 20% capital gains tax on crypto profits starting in 2028 and allows investors to carry losses over to the next financial year [4]. - Currently, higher earners can pay up to 55% of their crypto earnings in taxes, as profits must be declared annually [5]. Group 4: Continuation of Reform Policies - Takaichi, despite her conservative background, has allowed ongoing reform efforts by established taskforces and has made positive statements regarding the crypto industry [6]. - Takaichi's Minister of Finance indicated that Japan's cryptocurrency and web 3 industries are at a critical juncture, suggesting a supportive environment for future developments [6].

Core Insights - The evolution towards an economic system where software and devices transact autonomously without human involvement is underway [1] - Machines will not only execute transactions but also make decisions and coordinate with each other in real-time, leading to fully autonomous supply chains [2][3] - Continuous micro-transactions and machine-to-machine (M2M) payments are essential for the viability of this new machine economy, akin to how electricity enabled mass production [3][4] Group 1 - The new economy will rely on billions of tiny, continuous transactions rather than large, infrequent payments [3] - Blockchains are positioned as the critical infrastructure for enabling these microtransactions, similar to how electricity served as the power grid for modern industry [4][5] - Current payment systems are outdated, resembling pre-electricity methods that are episodic and heavily mediated by humans [6] Group 2 - M2M payments combined with micro-transactions will create an ambient value exchange, allowing machines to operate continuously without interruption for payments [7] - The advent of blockchain technology facilitates instant and low-cost value transfer globally, which is crucial for the implementation of continuous M2M payments [8]

Core Viewpoint - The People's Bank of China and other regulatory bodies have issued a notification to further prevent and address risks associated with virtual currencies and the tokenization of real-world assets, declaring such activities illegal within the country [1][2][3]. Regulatory Measures - The notification outlines requirements for risk monitoring, intermediary institution regulation, internet content management, business entity registration, advertising management, and the crackdown on illegal activities related to virtual currency mining [1][4]. - It emphasizes that any virtual currency-related business activities within the country are illegal and that foreign entities are prohibited from providing such services to domestic subjects [2][3]. Tokenization of Real-World Assets - The notification prohibits the tokenization of real-world assets and related intermediary services unless approved by relevant authorities, categorizing unauthorized activities as illegal financial operations [4]. - It also stresses that foreign entities must not provide services related to the tokenization of real-world assets to domestic subjects [4]. Cross-Border Risks - The notification highlights the cross-border nature of risks associated with virtual currencies, urging strict regulations on domestic entities and their overseas counterparts regarding the issuance of virtual currencies [3]. - It specifically mentions that stablecoins linked to fiat currencies could undermine monetary sovereignty and must not be issued without proper authorization [3]. Public Safety and Awareness - Experts have noted an increase in illegal activities disguised as virtual currency and RWA operations, which threaten public financial safety and disrupt economic order [5]. - The notification calls for enhanced inter-departmental collaboration and public education to improve risk awareness and detection capabilities among the public [5].

Core Scientific Overview - Core Scientific is a leading provider of blockchain infrastructure and digital asset mining services, operating at scale across North America, combining proprietary software, high-capacity datacenter operations, and a dual-revenue model focused on self-mining and hosting for third-party clients [6] - The company targets institutional clients and enterprise-scale miners seeking secure, high-performance blockchain processing and hosting capabilities [9] Recent Financial Performance - In the third quarter, revenue fell to $81.1 million from $95.4 million a year earlier, driven by a 55% year-over-year drop in Bitcoin mined, partially offset by higher prices, while hosted mining revenue was cut nearly in half [10] - Colocation revenue rose to $15.0 million from $10.3 million as new capacity came online, indicating a positive trend in this segment [10] - Capital expenditures reached $244.5 million during the quarter, largely tied to infrastructure buildouts, while adjusted EBITDA slipped to a $2.4 million loss [11] - Liquidity remains substantial at roughly $695 million between cash and Bitcoin holdings, but net losses were still $146.7 million for the quarter [11] Market Position and Stock Performance - As of February 6, shares of Core Scientific were priced at $14.82, up 17% over the past year, slightly outperforming the S&P 500's roughly 13% gain over the same period [3] - The market capitalization of Core Scientific is $4.59 billion, with a revenue of $334.18 million and a net income of ($768.31 million) for the trailing twelve months [4] Strategic Shift - Core Scientific is in the middle of a pivot away from volatile self-mining toward high-density colocation, which is showing up clearly in the numbers [7] - The exit of Pier Capital from its holdings in Core Scientific indicates a risk reduction strategy rather than a timing call, emphasizing the company's need to execute a capital-intensive transformation [12]