Key Takeaways Bitcoin rallied back above $82,000 on Thursday after a brief dip to an intraday low of $79,694. Coinglass data shows volatile trading wiped out over $777 million in long crypto positions. Bitunix analysts warn crypto could stay under pressure if Federal Reserve rate hike odds rise. BTC Rebounds Above $82K After CPI Volatility…
Key Takeaways Gamdom founder Felix Romer confirmed losses exceeding $3 million following an Oct. 13 hot-wallet breach. Blockchain investigator vxdb estimated Gamdom’s losses at $4.2 million, exceeding the founder’s figure. Gamdom remained in recovery mode Oct. 15, while the operator maintained that customer funds were safe. Gamdom’s $3 Million Wallet Breach Leaves Crypto Casino Offline…
Key Takeaways Ledger unveiled its $849 Atom security device on Oct. 15, with deliveries expected in summer 2027. Ledger Atom integrates Solana Mobile’s Seeker app, AI-agent controls and physical tamper detection. Ledger’s launch follows a reseller-linked wallet attack with estimated and unverified losses standing at around $93 million. Ledger Unveils $849 Crypto Security Device Amid…
Key Takeaways Tether reportedly paid approximately $6.3 million to Nxum, a consulting firm partly owned by Bo Hines. Bo Hines helped advance the GENIUS Act before joining Tether as an adviser and later U.S. CEO. Nxum denies improper involvement, while the Journal’s findings raise questions about potential conflicts. Tether’s $6.3 Million Consulting Deal Raises Questions…
Key Takeaways Thinning paid off in tree growth: Heavily thinned mountain ash stands (50% to 70% of trees removed in 1987) grew trees about 20% larger in diameter than unharvested controls after 30 years. Carbon fully recovered: Within 30 years, the thinned stands regained all the carbon removed in the original harvest and matched or…
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…
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…
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…
Key Takeaways Stablecoins convert to cash in near real time for collateral accounts. DriveWealth is integrating dollar-backed token settlement in Europe, with U.S. expansion planned. Funding aims to match trading available 24 hours a day, five days a week. Ripple Targets the Gap Between Trading Hours and Bank Transfers Financial platforms offering U.S. market access…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Manny Pay, the digital wallet backed by former Sen. Manny Pacquiao, will shut down all operations on Nov. 10, transferring unspent customer balances to third-party provider Traxion Pay Inc. The closure takes place roughly one…
