Key Takeaways Coinbase traced the 50-minute outage to an undetected Kubernetes resource name collision during a routine infrastructure update. The incident disrupted transfers, Coinbase Card debit purchases, institutional settlements, and onchain services across multiple platforms. The outage also disabled Coinbase’s normal rollback process, prompting new safeguards and infrastructure changes. Coinbase Explains What Went Wrong Crypto…

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. SwiftPay, the enterprise payments arm of Bangko Sentral ng Pilipinas (BSP)-regulated Swift Technology Ventures Inc., has launched SwiftGuard, a real-time fraud-detection and decisioning layer aimed at helping local banks and BSP-supervised financial institutions (BSFIs) comply…

Key Takeaways CNBC and Statista included Ripple among the world’s top fintech companies for 2026. Digital asset businesses accounted for 40 of the 500 companies selected. XRP is gaining additional institutional channels through regulated payments, European market access, and investment products. Blockchain Moves Beyond the Crypto Hype Digital assets are moving from speculative markets into…

Key Takeaways Artificial intelligence (AI) priced, managed and settled all 104 World Cup matches end to end. Turnkey partners took over $1.14B in stakes at an 18% trading margin. Kambi weighs a prediction-market entry but 70+ licenses bar a US launch. Kambi Runs $1.14B World Cup, Now Weighs Prediction Markets Kambi declared its first entirely…

Key Takeaways Stand With Crypto said its members have contacted lawmakers 950,000 times in support of the CLARITY Act. Brian Armstrong said the bill could reach the full Senate floor within weeks. The legislation would clarify federal oversight of digital assets, add consumer safeguards, and impose ethics restrictions on senior federal officials and members of…

Key Takeaways Cathie Wood, CEO of Ark Invest, said SpaceX could become “the most important company in history.” Shares traded at $116.95, about 48% below their $225.64 peak and 13% below the $135 IPO price. Wood sees Starlink and orbital data centers turning SpaceX into a global communications and AI infrastructure powerhouse. Ark Looks Beyond…

Key Takeaways Bitcoin futures open interest hit $49.82 billion on July 22, led by Binance’s $9.24 billion share. Deribit calls outnumber puts 65.88% to 34.12%, showing traders favor higher bitcoin prices through 2026. Binance max pain data points to $72,000 by late September, the highest projection among major exchanges. Bitcoin traded at $65,971 per coin…

Key Takeaways Polymarket prices Democrats at 86% odds to win House control, with $9 million traded on the market. Kalshi’s KY-04 GOP primary, Gallrein versus Massie, leads all midterm markets at $22 million. Nevada’s abortion protection amendment carries the strongest odds among ballot measures at 92%. On Polymarket, bettors give Democrats an 86% probability of…

Key Takeaways BIS researchers Hofmann, Mehrotra and Paulick studied 130+ economies and stablecoin data from 184 countries since 2017. Capital controls cut bank dollarization by up to 32 percentage points but showed no effect on stablecoin inflows. Stablecoin market capitalization has nearly tripled since 2023, led by USDT and USDC. A Bank for International Settlements…

Key Takeaways River’s July report found 49.6 million Americans hold bitcoin versus 28.8 million who own gold. US bitcoin ownership climbed from a 14.3% adoption rate to 18.6% in about six months. The US government holds 328,372 BTC as lawmakers weigh a formal strategic reserve. Bitcoin Adoption Outpaces a 5,000-Year-Old Rival River, a bitcoin-focused financial…