Key Takeaways Bitcoin ETFs lost $120.24M on Wednesday, extending outflows to a second straight session. Ether, XRP, and solana funds gained as investors rotated away from bitcoin into altcoin exposure. Bitwise expects stronger Q4 ETF inflows as institutions widen crypto allocations. ARK Leads Outflows for Bitcoin ETFs The money kept moving, just not in bitcoin’s…
Key Takeaways BofA survey found 20% of Americans call sports betting an investment; 40% of Gen Z do. Across all generations, event contracts were seen as more investment-like than betting. Bettors recovered under 75 cents per dollar every month from January through July. A Perception Gap Matching Industry Positioning The survey ran from March 24…
Key Takeaways Thor Jensen found 97 sealed NES games, with PSA grading several above 9.6. PSA gave 1 game a perfect 10, while rare titles could fetch nearly $9,000 each. Jensen plans to auction the NES haul, with part of the proceeds going to charity. While clearing his grandfather’s storage in Waukesha, Wisconsin, store owner…
Key Takeaways Malone Lam pleaded guilty to participating in a RICO conspiracy. The network used deception and break-ins to drain crypto wallets. Members spent proceeds on cars worth up to $3.8 million and $500,000 nightclub nights. Malone Lam Admits Leading the Crypto Theft Enterprise Malone Lam, a 22-year-old Singaporean citizen and recent Miami resident, pleaded…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Live trading for the 2026 King’s Cup Global Invitational (KCGI) is officially underway, pitting 37,148 participants across 1,347 teams against each other for a share of a $3 million USDT prize pool. For the first…
Key Takeaways Park was convicted of three wire fraud and two bankruptcy fraud counts. Prosecutors said he hid millions in crypto before claiming only $0.34. Sentencing is set for Dec. 10, with decades in prison possible. Crypto Fortune Disappears From Bankruptcy Filings A federal jury in Alexandria convicted Jihoon Park, 52, on Sept. 8 of…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. The Philippine financial technology sector is taking its industry networking out of corporate boardrooms and onto running tracks and pickleball courts. FinTech Alliance PH has officially launched Sportstacular 2026, an ecosystem-wide wellness initiative supported by…
Key Takeaways Binance is using a 1 billion-share estimate to work out the AI company Anthropic’s implied valuation. At press time, ANTHROPIC stands over $2 trillion. Anthropic warned back in May that unauthorized SPV stock transfers are void and could basically end up being worthless to investors trading or holding these assets. Binance could adjust…
Key Takeaways Visa stablecoin settlement topped a $20B annualized run rate, with 160+ card programs live. Onchain credit cuts financing costs by up to 30% and enables 7-day card settlement. Visa-linked lenders seek to scale working capital fast enough to match stablecoin card growth. Visa Stablecoin Cards Expand to 160+ Programs Worldwide Visa’s stablecoin business…
Key Takeaways Circle agreed to buy Tazapay for $400M, adding $25B+ in annual payment volume. With 60% of Tazapay volume using stablecoins, USDC could deepen its global payments footprint. Circle still needs regulatory approvals before the deal can close in 2027. Circle Pushes USDC Into 100+ Markets With Tazapay Acquisition Circle is making one of…
