Key Takeaways Bill 8722 passed in July after fraudsters stole $70 million from the charity Caritas in 2024. In 2024, Luxembourg police logged 6,382 fraud cases as FIU scam reports surged by 32%. FIU Director Max Braun led training on Aug. 6 prior to the law entering force two days later. Targeting Crypto Loopholes Luxembourg…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Most web3 gaming projects maintain strict centralized control over their game economies during early deployments, promising decentralized governance only in far-off roadmaps. GladiatorDEX is taking another approach by handing over its levers and regional growth…
Key Takeaways Coldcard theft losses topped $116 million this week, with a fourth wave moving 388.9 BTC in one evening. Developer James O’Beirne’s tripwire wallet with no added entropy was swept by attackers within an hour. Capriole pegs bitcoin’s production cost at $54,000, a floor bulls cite with BTC chopping near $64,000. A Week of…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Digital banking in the Philippines relies heavily on balancing rapid financial access with tight cybersecurity. Lito Villanueva, Executive Vice President and Chief Innovation and Inclusion Officer at Rizal Commercial Banking Corporation (RCBC), has been named…
Key Takeaways Punchbowl News has reported that Democrats will block cloture, citing stalled White House ethics talks. Sen. Ruben Gallego said Republicans aren’t engaging, while Sen. John Thune still wants a vote this week. Polymarket traders have cut the Clarity Act’s 2026 passage odds to just 23%. ‘They Don’t Want This to Happen’ Senate Democrats…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Western Union is rolling out a dedicated digital wallet and Visa-backed payment card designed to let users store money in U.S. dollar stablecoins and spend it directly at traditional checkout counters. Dubbed Stablecard, the service…
Key Takeaways AEREDIUM CEO Albert Dadon won U.S. Patent 12,694,407 B1 on July 29 for a 4-model AI audit system. The broad USPTO grant blocks rivals from using off-the-shelf AI to audit 100% of stablecoin reserves. The company is preparing global patents and engaging U.S. regulators following its 7th patent grant. Closing the Gap on…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. In peer-to-peer (P2P) cryptocurrency trades, fraudsters often rely on social engineering, technical jargon, and the gap between digital wallets and physical cash. But unlike traditional financial fraud, every cryptocurrency transfer leaves an immutable public receipt…
Key Takeaways A man was charged by Dutch prosecutors over a May 1 crypto dispute involving extortion of $69,000. Risky crypto schemes spur offline extortion threats, carrying up to 15 years under Dutch law. Suspect was released on probation before the Amsterdam court holds its next hearing on Sept. 8. Legal Penalties Under Dutch Law…
Key Takeaways Senators urged the SEC to investigate possible fraud involving $TRUMP. Nearly one million investors reportedly lost $3.81 billion. Trump-affiliated entities received $636 million as the token fell about 98%. Senators Ask SEC to Investigate $TRUMP U.S. Senators Elizabeth Warren (D-MA) and Richard Blumenthal (D-CT) urged the U.S. Securities and Exchange Commission (SEC) on…
