Adam Forsyth

Philippine SEC embraces tokenization as sandbox bets expand

The Philippine SEC has reinforced its support for real-world asset tokenization as four companies, including a tokenized real estate project, advance through its regulatory sandbox. Summary Philippine SEC says existing laws can support tokenized real-world assets and related investment products. Four companies are testing new financial products in the SEC’s Strategic Sandbox, including tokenized real…

Read More

Jake Chervinsky accuses CME of protecting derivatives monopoly

Jake Chervinsky has accused CME Group of using a lawsuit against U.S. crypto perpetual futures to protect its position in a market where the exchange reportedly controls about 92% of exchange-traded derivatives volume. Summary Jake Chervinsky called CME’s lawsuit against the CFTC a “shocking miscalculation” and an “unforced error.” Hyperliquid Policy Center cited Better Markets…

Read More

Is a Drop to $50 Next?

SOL is among the top performers today, but is there’s a major reversal on the way? Solana investors have changed their tactics in the past several days, as on-chain data shows a massive spike in SOL exchange inflows. According to popular analyst Ali Martinez, such behavior could be the catalyst for a more profound…

Read More

XRP Ledger upgrade exposes hidden flaws across network

The XRP Ledger community has reported a growing list of software issues after the June 15 release of xrpld version 3.2.0, even as only 26% of network nodes have upgraded to the new software. Summary XRP Ledger’s latest xrpld upgrade has triggered multiple bug reports, including node synchronization failures. Developers identified issues affecting transaction relays,…

Read More

Michael Saylor fires back as STRC crash sparks fraud claims

Strategy co-founder Michael Saylor has defended the company’s Bitcoin-backed capital strategy after its STRC preferred stock fell well below its $100 par value and triggered fresh criticism from market participants. Summary Michael Saylor defended Strategy’s Bitcoin strategy as STRC plunged below its $100 par value. Peter Schiff floated fraud allegations while questioning Strategy’s promotion of…

Read More