Key Takeaways Kospi and Kosdaq triggered circuit breakers on Wednesday, Korea’s first-ever back-to-back halt. SK Hynix fell sharply despite reporting a 557% jump in quarterly profit that still missed forecasts. Bitcoin rose about 1% toward $64,000, decoupling from Korea’s selloff for a second week straight. A Record Back-to-Back Circuit Breaker The Korea Exchange halted trading…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. The Securities and Exchange Commission (SEC) has promulgated guidelines governing the use of its blockchain-based document signing and verification platform, known as the Verification of Electronic Records and Information Trust and Authentication System (VERITAS). Under…
Key Takeaways The Fed’s July 29 FOMC decision under Chair Kevin Warsh is expected to hold rates at 3.50% to 3.75%. TD Securities says CME FedWatch’s 95% to 98% no-change odds still overprice hike risk tied to Iran tensions. TD Securities forecasts a 2% dollar decline in the back half of 2026 if the Fed…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. The two-day ASEAN Tech Summit 2026 opened in Manila, bringing together government heads, regulators, and financial and technology leaders to discuss Southeast Asia’s digital economy. The event, hosted by FinTech Alliance PH under the theme…
Key Takeaways Antpool and Foundry USA both mined block 941,881 within 12 seconds of each other on March 24, 2026. Foundry won by extending its chain six blocks straight, orphaning Antpool’s and ViaBTC’s blocks. Data shows 7.3% of blocks over a recent 3-day span landed within 60 seconds of the one before. Why Two Miners…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. The Bangko Sentral ng Pilipinas (BSP) issued a public advisory warning consumers against transacting with Bangko Maharlika Ltd., an entity operating under the name “The Bank of Humanity.” According to the advisory, Bangko Maharlika Ltd….
Key Takeaways Psalion launched a $50 million early-stage venture fund and led a $4 million investment in Beezie. Beezie reached 30,000 active users and $85 million in YTD revenue, showing strong Web3 consumer growth. Beezie will use the $4 million funding to expand inventory and scale its commerce platform globally. Bridging Web2 and Web3 Singapore…
Key Takeaways Shared Claude AI conversations briefly became searchable through Google. The issue centered on Claude’s optional public share links rather than private chats. Users should review active shared conversations and remove links containing sensitive information. Shared AI Conversations Became Searchable Hundreds of Claude AI conversations reportedly appeared online after Reddit users discovered that searching…
Key Takeaways 134 bank leaders urged Senate lawmakers to strengthen stablecoin interest and yield restrictions in the CLARITY Act. Bankers warned incentives tied to stablecoin holdings could weaken the deposit base supporting local lending. The dispute centers on whether payment stablecoins should function only as transaction tools. Bank Leaders Push Senate to Rewrite Stablecoin Provision…
Key Takeaways SEC Chair Paul Atkins supports the CLARITY Act and is providing technical assistance to Congress. The legislation could establish a new framework for crypto market oversight in the United States. The SEC is preparing to address digital asset market rules as lawmakers consider the bill’s future. SEC Chair Pushes Congress Toward New Crypto…
