Strategic Expansion into Staked Ethereum Intesa Sanpaolo, Italy’s largest banking group, has reshaped its digital asset portfolio during the second quarter, slashing its spot bitcoin exchange-traded fund (ETF) position while tripling its holdings in a yield-generating ethereum product. According to a Securities and Exchange Commission (SEC) filing, Intesa reduced its stake in Blackrock’s iShares Bitcoin…
Key Takeaways Chris Guida rebased 2017 PoW fork code as BIP-110’s Aug. 8-9 window nears. BIP-110’s 55% threshold tests whether Bitcoin nodes can overcome miner resistance. Start9 closed Lightning channels before block 961632 as split risks grew The code is not yet scheduled for activation, and Guida has described it as a last-resort contingency rather…
Key Takeaways Ark Invest bought 267,676 Block shares worth about $21 million on August 6. Cathie Wood’s fund also added 20,318 SpaceX shares worth roughly $2.3 million the same day. The purchases extend Ark’s long-running bets on Jack Dorsey’s Block and Musk’s SpaceX. Ark’s Latest Trades Ark Invest, the asset management firm founded by Cathie…
Key Takeaways Tesla and SpaceX will make an initial $16.8 billion investment to begin building the Terafab chip plant. he companies relocated the project from Austin to Grimes County, Texas, with total spending potentially reaching $119 billion. SpaceX holds 18,712 BTC and Tesla holds 11,509 BTC, tying Musk’s chip ambitions to his companies’ crypto bets….
Key Takeaways The Coldcard hacker moved 30.185 BTC, worth about $1.94 million. The attacker is believed to hold 2,055 BTC, worth roughly $130 million, from the original exploit. Onchain analysts flagged the transfer as a possible sign the hacker is preparing to cash out. The Hacker Goes Quiet, Then Moves Again Just hours ago, the…
Key Takeaways Google pulled Google Earth’s AI imagery tool within 24 hours after misinformation warnings. Henk van Ess warned fake satellite images could erode trust in geospatial evidence after 2023. Google plans to relaunch with stronger safeguards and digital markers after the 2026 pause. Google’s latest experiment with AI inside Google Earth barely had time…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. If a currently drafted BSP memorandum will push through, local crypto platforms, e-wallet providers, major banks, and digital banks in the Philippines have just 90 days to connect their customer onboarding pipelines directly to the…
Key Takeaways XRP investors face fake airdrops, wallet scans, and phishing scams. XRP Ledger Foundation warns against false reward campaigns. RippleX flags fake scanners and impersonation posts on X. XRP Ledger Foundation Warns Investors About Fake Rewards The XRP Ledger Foundation, a nonprofit organization supporting the growth and development of the XRP Ledger, warned investors…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. At first glance, the headlines making rounds across social media sound like a dream for crypto traders: Thailand has officially waived capital gains tax on digital assets. But before off-grid investors pack their bags for…
Key Takeaways FXRP now serves as collateral in Sentora’s reported $280 million RLUSD vault. XRP holders can borrow RLUSD without selling their underlying assets. The launch extends XRP into Ethereum-based institutional credit markets. XRP Enters a Major Ethereum Lending Vault Institutional decentralized finance (DeFi) platform Sentora announced on Aug. 3 that FXRP had joined its…
