Key Takeaways Raymond Johnson won $1M on a $10 Triple Red 777 Jackpot ticket on his porch. He took the $600,000 lump sum over a $50,000-a-year, 20-year annuity. Two of the game’s three $1 million top prizes have been claimed since July. One Ticket, Two Days, and the House They Had Just Seen Johnson bought…
Key Takeaways Fidelity has filed to let FETH stake up to 100% of ETH and distribute rewards quarterly. FETH would keep 85% of rewards, pressuring Blackrock and Grayscale to compete on yield. Fidelity plans 15% staking fees and quarterly cash payouts if approved by the SEC. Fidelity Plans Quarterly Cash Payouts From FETH Staking Rewards…
Key Takeaways MiCA consolidated the EU crypto market, with only about 20% of existing firms receiving authorization. The rules successfully isolated high-risk companies, reducing European exposure to sanctioned entities. The EU plans a full revision of the MiCA framework to address its negative impacts on stablecoin access. TRM Labs Report Evidences MiCA’s Sweep In Europe…
Key Takeaways Trezor says Shipmonk exposed data for about 13,689 recent customers. Trezor devices remain secure, but phishing risks rose after the Aug. 10 breach. Trezor targets Anonymous Delivery for the EU by September 2026. According to the company’s security update, the affected customers received orders in the United States, United Kingdom, Sweden, Colombia, Brazil,…
Key Takeaways Seoul Southern District Court sentenced Delio CEO Jeong Sang-ho to 15 years on Aug. 13. Delio’s case involves about 70 billion won, or $49.2 million, in customer crypto assets. Delio creditors will watch liquidation and any appeal after the November 2024 insolvency ruling. Court Finds Customer Assets Were Misused According to regional reports,…
Key Takeaways Monaco submitted Bill No. 1131 on Aug. 6 to replace Law No. 1.528 and reform crypto rules. The CCAF will enforce MiCA and FATF standards following Monaco’s 2024 grey-listing. National Council approval of Bill No. 1131 will trigger secondary technical rules for providers. Evolving Beyond the 2022 Framework Monaco’s government has submitted a…
Key Takeaways Maryland Lottery paid a Waldorf player $50,000 twice within about 1 year. Dash In sold the July 17 ticket, highlighting the tech behind lottery validation. Maryland Lottery’s 2 wins show how secure systems handle prizes and claims. For about 20 years, a lottery regular in Waldorf, Maryland kept at it, scratching and checking…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. For Filipinos, especially crypto users receiving money from abroad or transferring funds across borders, moving digital dollars on the blockchain, particularly via non-custodial wallets, has long come with a frustrating chore: to send standard stablecoins…
Key Takeaways APPG pressed U.K. banks on Aug. 11 to explain crypto account limits before new rules. FCA-authorized firms could gain fairer access as lawmakers probe banking barriers through Aug. 31. APPG will use Aug. 31 evidence to shape recommendations for the U.K.’s incoming crypto regime. Probe on Banking Barriers for Crypto Access in the…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. For years, Philippine government agencies aiming to deploy advanced technologies like blockchain or specialized artificial intelligence models faced the same legal wall: standard public procurement laws demanded local bidding for tools that domestic vendors simply…
