Key Takeaways Grayscale says 3,000+ onchain vaults hold $7B, positioning them as crypto’s next TradFi product. Ethereum, Base, and Solana vaults could pressure the $1.5T CLO market with cheaper, transparent rails. Grayscale says adoption hinges on US rules as 57 curators manage 79% in stablecoin strategies. Grayscale Tracks $7B in Vaults as Wall Street Eyes…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. For years, the dominant story of Philippine e-commerce was simple: millions of shoppers logging onto Shopee and Lazada to buy everything from electronics to household goods. But a shift is reshaping digital commerce across the…
Key Takeaways Cash and 25,000 USDT allegedly funded murder-for-hire payments. Complaint alleges $750,000 was converted into cryptocurrency. Federal probe also describes suspected money laundering and BSA violations. Prosecutors Allege Crypto Payments Completed Murder-for-Hire Scheme The U.S. Department of Justice (DOJ) announced the arrest of the Moneyflip CEO over an alleged murder-for-hire plot on July 30….
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Pop-up markets and community festivals are vital launching pads for local vendors in the Philippines, but accepting digital payments often comes with a steep catch: merchant transaction fees that erode already thin profit margins. For…
Key Takeaways Coldcard-linked thefts drained bitcoin from hundreds of wallets on July 30. Coinkite says Mk3 seeds had about 40 bits of entropy instead of 128. Coldcard users must install fixed firmware and create new seeds before moving funds. According to a deep analysis from Galaxy Research, the core theft unfolded in a tightly coordinated…
Key Takeaways Strategy and Michael Saylor publicly endorsed the CLARITY Act. The Senate proposal divides crypto oversight between two regulators. The measure gained backing as institutional interest in crypto grows. Strategy and Saylor Join the CLARITY Act Campaign Strategy Inc. (Nasdaq: MSTR) announced its support for the Digital Asset Market Clarity Act on July 31,…
Key Takeaways Stand With Crypto reports one million contacts supporting the bill. Officials warn the proposal could weaken safeguards and oversight. The widening dispute threatens action before the August recess. Million-Contact Campaign Intensifies Senate Pressure Stand With Crypto, a nonprofit crypto advocacy organization that mobilizes digital asset owners around legislation and elections, announced July 31…
Key Takeaways Bitcoin fell nearly $3,000 on July 31, dropping to $62,369 after failing to hold $65,000. The crash wiped out $360 million in crypto bets, reducing Bitcoin’s monthly gains to 4.5%. Senate delays dropped the 2026 passage odds for Senator Lummis’s CLARITY Act to 30%. Federal Reserve Momentum Fades Bitcoin tumbled on the last…
Key Takeaways Circle secured an NYDFS trust charter, enabling it to issue state-approved stablecoins and offer custody. The NYDFS license validates Circle’s compliance standards, securely positioning USDC in the global market. This state approval follows federal OCC clearance, placing Circle under strict transparency and oversight. Circle Receives Limited Purpose Trust Charter From NYDFS Circle, a…
Key Takeaways New York sued Kalshi for running an unlicensed gambling operation disguised as a prediction market. The state alleges Kalshi bypasses taxes and illegally permits betting by users under 21 years old. New York seeks a ban on Kalshi, customer restitution, and fines, escalating a regulatory turf war. New York Alleges Kalshi Violated State…
