Catch up on the news over the last 24 hours!

🚨 Oil prices surge as much as 12% to over $75 a barrel as the US-Israeli conflict with Iran effectively shuts down the Strait of Hormuz.

🚨 X Head of Product Nikita Bier announces Paid Partnership labels on posts and confirmed that crypto is not included in the prohibited list.

🚨 Arthur Hayes argues that a prolonged US-Iran conflict could push the Fed to print money, ultimately sending Bitcoin higher.

⚡️ Vitalik Buterin calls for binary state trees and a RISC-V VM to tackle Ethereum's two biggest execution layer bottlenecks.

🇺🇸 Ripple CEO Brad Garlinghouse says the door to a bank-crypto deal is wide open, urging banks to act in good faith as stablecoin yield negotiations continue.

🔥 Steak 'n Shake announces it will pay all hourly employees a Bitcoin bonus of 21 cents per hour starting March 1.

⚡️ Crypto social media chatter about World War 3 has hit its highest level since June 2025 as the US-Israel-Iran conflict continues to escalate, per Santiment.

🇸🇦 Saudi Aramco shuts Ras Tanura oil refinery after drone strike.

🔥 Strategy buys 3,015 $BTC at an average price of $67,700, totaling $204.1M.

🚨 Polymarket traders are pricing a 55% chance that Bitcoin hits $60,000 before $80,000.

🇺🇸 A federal appeals court rejected the Trump administration’s request to delay tariff refund litigation, allowing importer refund cases to move forward.

🚨 Uniswap wins full dismissal of the scam token class action lawsuit, with the judge ruling the platform cannot be held liable for third-party token issuers' misconduct.

🇺🇸 The US Senate Banking Committee's 21st Century ROAD to Housing Act includes a provision banning the Fed from issuing a retail CBDC, set to expire in 2030.

🔥 Around $90,000,000,000 added to the total crypto market cap in the past 10 hours.

🔥 Van Eck CEO says Bitcoin is “making a bottom and this is a very nice sign of life.”

🚨 SoftBank-backed PayPay is aiming to raise up to $1.1 billion in its US IPO, potentially one of the largest Japanese listings on American markets.