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RCBC, PalawanPay Hit 1 Million PalaSave Digital Accounts Ahead of Target

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Rizal Commercial Banking Corporation (RCBC) and PalawanPay have reached more than 1 million PalaSave savings accounts, reaching their first-year target four months ahead of schedule, the companies announced. The milestone comes eight months after the…

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Ethereum Price falls 6% as hot CPI triggers $106M wipeout

Ethereum price has fallen nearly 6% to approximately $2,350 on October 15, after stronger-than-expected U.S. inflation data triggered heavy selling and more than $106 million in leveraged ETH long positions were liquidated on Binance within one hour. Summary Ethereum price fell nearly 6% as hotter U.S. inflation triggered heavy selling across cryptocurrency markets Thursday. CryptoQuant…

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He Bought a Nearly Bankrupt Company From Warren Buffett for $1,000 and Turned It Into a $98 Billion Giant

Key Takeaways Cheap entry, sustained commitment: Sprecher paid $1,000 plus the debt for a platform that MidAmerican Energy had already funded with $35 million and still couldn’t make work. A new market from scratch: He launched Intercontinental Exchange in 2000 with about nine staff, betting that electricity could be traded on an exchange. Acquisitions drove…

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Ripple’s Korean Expansion Reaches From Remittances to Government Bonds

Key Takeaways Meritz is Ripple’s fourth Korean institutional partnership this year. Jeonbuk’s payment service is designed to settle business transfers in seconds to minutes. Meritz is exploring spot ETFs, security tokens, and won stablecoins. Four Korean Deals Take Ripple Beyond Cross-Border Payments Cross-border payments and government bond settlement anchor Ripple’s growing Korean institutional network, which…

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