KLEA Crypto Daily: Saturday, February 28, 2026

Published: March 1, 2026 – 00:03 UTC

Here’s a look back at the key stories from February 28, 2026.

Fox News: US Believes Iranian Supreme Leader Khamenei is Dead

Fox News reported that U.S. officials confirmed the belief that Iranian Supreme Leader Ayatollah Khamenei and several senior Iranian leaders were killed in Israeli attacks, aligning with Israel's intelligence assessment.

Iran Crisis Puts Regime's $7.8 Billion Crypto Shadow Economy in Spotlight

The ongoing Iran crisis has brought attention to the country's $7.8 billion crypto shadow economy, which plays a significant role in international trade and serves as a financial lifeline for ordinary Iranians during protests and economic hardships.

Berkshire Hathaway Q4 Operating Profit Decreases by Nearly 30%

Berkshire Hathaway's fourth-quarter operating profit dropped by almost 30% year-on-year, from $14.53 billion to $10.2 billion, marking a significant decline in performance.

Bitcoin Recovers Following Plunge as US, Israel Begin Bombing Iran

Bitcoin experienced a sharp drop to nearly $63,000 amidst US and Israel strikes on Iran, but has since recovered, showcasing resilience in the face of geopolitical tensions.

The UAE Evacuates Burj Khalifa and Suspends Flights Amid Loud Bangs

The United Arab Emirates has made the decision to evacuate the world's tallest tower, the Burj Khalifa, following reports of at least three loud bangs in the Dubai area. In response, Dubai Airport has suspended all inbound and outbound flights until further notice, affecting one of the world's busiest international passenger airports.

Morgan Stanley Seeks Direct Crypto Custody With Trust Bank Application

Morgan Stanley has applied for a national trust bank charter to offer direct cryptocurrency custody services to institutional clients, marking a significant move by Wall Street into the digital asset sector. If approved, this would position Morgan Stanley as a direct competitor to established crypto custodians like BitGo and Anchorage Digital.

Iran Launches Ballistic Missiles at Gulf Countries, US Bases, and Israel

Iran has launched ballistic missiles at all Gulf countries except Oman, targeted US military bases in the Middle East, and fired missiles at Israel, escalating tensions and prompting concerns of prolonged conflict.

Trader CBB Holds Over $30 Million in Short Positions, Largest Short Seller of Nvidia

Crypto trader CBB holds over $30 million in short positions across AI supply chains, becoming the largest short seller of Nvidia on the blockchain, with significant unrealized profits and high trading activity.

Israel Suffers Third Round of Missile Attacks from Iran

PANews reported that the Israeli military faced another round of missile strikes from Iran, with alarms sounding in various regions. This marks the third round of Iranian missile attacks on Israel on the same day.

Bitcoin Plunges as US and Israel Launch Military Strike on Iran

Israel and the United States carried out a joint strike on Iran, leading to a significant escalation in regional tensions. Bitcoin reacted swiftly to the news, dropping below $64,000 and experiencing daily losses of nearly 7%. The situation is being closely monitored for further developments and potential impacts on global markets.

Iran’s Supreme Leader Relocated to Safe House Amid Rising Tensions

Amid escalating geopolitical tensions, Iran’s Supreme Leader has been moved to a secure location as a precautionary measure. This relocation underscores the ongoing instability in the region and highlights potential risks that could have broader implications for regional security and international relations.

Japanese Listed Company Daido Rimet to Purchase Bitcoin

Japanese listed company Daido Rimtec has resolved to purchase Bitcoin with a limit of 1 billion yen, citing the need to address inflation, diversify assets, and hedge against yen depreciation. The move is part of the company's mid-term business plan for the period ending March 2029.

Tether Freezes $4.2 Billion in USDT Linked to Illicit Activities

Tether has frozen approximately $4.2 billion in USDT related to illicit activities, with $3.5 billion frozen since 2023. This week, Tether assisted in freezing $61 million in USDT connected to a "pig butchering" scam, highlighting its efforts to combat fraudulent use of the stablecoin.

Source: KLEA News