Bitcoin drops on Tehran strike as DOJ arrests crypto Ponzi $328M founder

This week, the Weekly Recap shows that Bitcoin dropped to $63,062 and then recovered after a series of explosive attacks in Tehran during U.S. – Israel operations.

Other notable news included the arrest of Goliath Ventures’ founder Christopher Alexander Delgado for charges related to a $328 million Ponzi scam, and MetaMask joining forces with Mastercard in order to introduce its self-custodial card throughout the United States.

Markets react to Middle East conflict

• BitcoinBTCThe dollar fell to $63,062 and then rebounded to $66,201 after reports of major explosions reported in Tehran. This was as a result of coordinated US-Israeli strikes on Iran.
• EthereumETH() fell to $1 837, before rising to $1 940 during the spike in volatility as Iran fired retaliatory rockets against multiple targets including Israel, Qatar and the United Arab Emirates.

Federal prosecutors charge crypto Ponzi operator

• Department of Justice announced Christopher Alexander Delgado (34), founder and CEO at Goliath Ventures was arrested on federal charges related to a $328 million cryptocurrency Ponzi Scheme.
• Delgado, a Florida resident, was arrested in Apopka on the basis of a criminal complaint that had been filed with the United States District Court for the Middle District of Florida. The charges included wire fraud and laundering of money.

MetaMask launches crypto-cards in the U.S.

• MetaMask has partnered with Mastercard to officially launch their partnership. launched MetaMask Card – United States
• New York is the first state to offer this self-custodial card.

Magic Eden narrows focus on Solana

• NFT Market is one of the most prominent NFT markets announced The company plans to discontinue support for the multi-chain wallet and close down their Bitcoin-based trading platform in March 2026.
• Platform will only support assets based on Solana.

MoonPay now offers AI-powered agent wallets

• This platform allows crypto payments launched On February 24, a new artificial intelligence product that provides direct access to digital Wallets and chain transactions will be released.
• MoonPay Agents is a software layer that does not require users to be verified. It allows AI agents, who are autonomous, to manage money, create wallets and make trades on behalf of their clients.

Morgan Stanley plans multiple Bitcoin products

• This banking giant is a formidable force intentions Amy Oldenburg is the digital assets strategist and she says they are offering a range of Bitcoin products.
• Morgan Stanley plans to expand its cryptocurrency offerings beyond the current few products it currently offers.

AI Security Tool Identifies Critical XRP Vulnerability

• The autonomous AI security tool discovered A bug in the XRP Ledger could have allowed attackers to steal money from any account on the network without having access to private keys.
• XRPL Labs announced Thursday that the signature validation logic in the Batch Amendment was vulnerable.
• It was an upgrade that had not yet been completed, allowing for multiple transactions to be combined and processed together.

Barclays explores blockchain payment platform

• Reports claim that the bank will be creating a platform on blockchain for transactions and other business processes.
• The London-based financial giant has been consulting prospective technology vendors to develop an infrastructure similar to JPMorgan or other banking services using decentralized technology.

Kalshi penalizes insider trading violations

• A prediction market company disclosed Catching and punishing two users who were involved in insider trading, among them an editor of social media star MrBeast.
• It said it is investigating 200 cases of insider trading. The disclosures made on Wednesday detailed two closed matters, which included action taken against Artem Katur, who worked for James Donaldson’s MrBeast persona.