Headlines

AI hedge fund Situational Awareness may have sold its public portfolio, but it still has its Anthropic shares

Situational Awareness, a hedge fund formed by former OpenAI researcher Leopold Aschenbrenner, has sold the majority of its public stock portfolio to Ken Griffin’s Citadel following steep losses over the past month, The Wall Street Journal reported earlier on Thursday. It’s a big comedown for the rising star who has been described as both “scarily…

Read More

Expecting ₱0 InstaPay Fees Forever? What the BSP’s Fair Pricing Rules Mean for Maya, GCash, and Bank Transfers

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. If you were hoping that central bank regulations would force e-wallets to drop transfer fees to zero, you will need to adjust your expectations. The Bangko Sentral ng Pilipinas (BSP) clarified that its regulatory framework,…

Read More

What If You Could Earn DeFi Yields Without Using DeFi?

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. For many crypto users, high decentralized finance (DeFi) yields sound great on paper, but actually getting them is a headache. Navigating cross-chain bridges, setting up Web3 wallets, approving complex smart contract transactions, and managing gas…

Read More

South Korea has approved new sovereign fund account for AI and strategic sectors

South Korea has approved plans to establish a new 20 trillion won investment account within its sovereign wealth fund to finance artificial intelligence, data centers and other strategic industries while allowing domestic investments for the first time. Summary South Korea approved a 20 trillion won sovereign investment account focused on AI, data centers and strategic…

Read More