The National Bureau of Investigation (NBI) arrested 15 individuals during a May 9 operation in Mandaluyong City for their alleged involvement in a cryptocurrency investment scam using a spoofed website. Agents from the NBI Dangerous Drugs Division (NBI-DDD) and the Digital Forensic Laboratory Division, supported by the Philippine Air Force Intelligence Unit, executed a Warrant…
Key Takeaways Goldman Sachs cites a $7.6 trillion spend by 2031, depending on whether chips last more than 3 years. StealthEX and Cysic experts warn that DePIN latency limits decentralized AI to batch jobs over live chat. Onchain firms like Maple may bridge the $5M to $50M credit gap for Tier 2 data centers by…
Base Philippines reported establishing a builder pipeline of over 15,200 individuals and expanding its presence to 50 cities and municipalities during its first year of operations. The performance metrics were disclosed during a combined first-anniversary and Lunar New Year event held at the Coins.ph office in Taguig City, nearly two months before Coinbase announced global…
Key Takeaways Brandt said bitcoin has not completed a recognizable bottom after its latest rebound. Technical resistance near the bear channel keeps attention on the $79,145 trigger. Additional downside pressure could shift focus toward the channel midpoint, then its lower boundary. Bitcoin Recovery Faces Pressure Inside Bear Channel Veteran trader Peter Brandt warned that bitcoin…
Key Takeaways Schwab Crypto will let selected retail clients trade bitcoin and ethereum through linked accounts. Clients will use separate Schwab Crypto accounts offered by Charles Schwab Premier Bank, SSB, which will custody digital assets. Future updates may add more cryptocurrencies, deposits, and withdrawals for existing digital assets. Schwab Crypto Begins Retail Rollout Financial giant…
Key Takeaways Kevin Warsh secured Senate confirmation as Federal Reserve chairman after closely watched party-line votes. Supporters emphasized inflation control, disciplined monetary policy, and restoring confidence in the economy. Critics warned political pressure could challenge the Federal Reserve’s long-term institutional independence. Kevin Warsh Confirmation Draws Split Reaction on Fed Independence Kevin Warsh was confirmed as…
Key Takeaways Corpay partners with BVNK to add stablecoin wallets and 24/7 settlement services. Corpay handles $12B payments monthly; stablecoins could speed cross-border transfers. BVNK integration may cut liquidity costs as stablecoin adoption grows across finance. BVNK Powers Corpay Stablecoin Rollout as Cross-Border Payment Demand Accelerates Corpay Inc. (NYSE: CPAY), one of the world’s largest…
Key Takeaways Moody’s assigned an Aaa-mf assessment to Fidelity International’s USD Digital Liquidity Fund on May 13, 2026. The fund, managed by FIL Investments International, targets institutional investors with $34.5B in MMF AUM. The Ethereum-based tokenized fund plans to expand to ZKsync, with 24/7 redemptions subject to liquidity. Fidelity’s Tokenized Money Market Fund Earns Top…
Key Takeaways KDDI paid $65 million for a 14.9% stake in Coincheck Group N.V., with the deal closing in June 2026. Au Coincheck Digital Assets, Inc. plans to launch a non-custodial wallet in summer 2026 for KDDI’s 30 million users. Coincheck Group shares climbed up to 35% on May 12 as investors responded to the…
Key Takeaways U.S. PPI jumped 6% year-over-year in April 2026, the biggest gain since December 2022, driven largely by energy costs. Gasoline prices climbed 15.6%, and energy goods rose 7.8%, both tied directly to Strait of Hormuz disruptions from the U.S.-Israel-Iran war. Trump told reporters that Americans’ financial hardships are “not even a little bit”…
