Key Takeaways Strategy holds $3 billion in USD reserves against 843,775 BTC worth about $55 billion as of July 16. Saylor’s firm has bought no bitcoin since June 22 and sold 3,588 BTC to help build its cash position. The $3 billion reserve covers roughly 20 months of dividends and interest if the downturn deepens….
Base has overhauled its growth strategy after its creator-first approach fell behind competing blockchain ecosystems in prediction markets and perpetual futures, prompting founder Jesse Pollak to step back from leading the Base App. Summary Jesse Pollak admitted Base fell behind in prediction markets and perpetual futures after focusing on social products. Pollak will hand leadership…
Applied Computing, a London-based startup that’s building a foundation AI model for the oil, gas, and petrochemical industry, has raised a $20 million Series A led by engineering giant KBR, with Databricks Ventures participating. Founded in 2023, the startup targets oil, gas, refining, and petrochemical systems, where a single facility can have thousands of sensors…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Jesse Pollak, the creator of Coinbase’s Ethereum Layer-2 network Base, announced a pivot toward global finance after admitting the network’s strategy to drive adoption through web3 social media failed. This strategic shift follows a 14%…
Meanwhile, newly emerged whales have gone on a substantial ETH accumulation spree. Ethereum (ETH) has stolen the show in the past few days, posting impressive gains and outperforming the market leader and many of the larger-cap alts. One of the reasons behind this notable rally that drove it to a multi-week peak could be…
New York paused new hyperscale data center permits for up to one year while it studies grid, water, ratepayer, and community impacts. The post New York Imposes One-Year Moratorium on New Hyperscale Data Centers appeared first on TechRepublic. Source link
Instant Settlement via JPMorgan Dubai-based Emirates NBD has become one of the first financial institutions in the Middle East, North Africa and Türkiye (MENAT) region to launch real-time cross-border U.S. dollar payments using blockchain technology. The banking group announced July 14 that it has gone live on the Partior network, a multi-currency, blockchain-based clearing and…
BlackRock’s iShares Bitcoin Trust has secured a major regulatory win after the U.S. Securities and Exchange Commission approved a fourfold increase in the ETF’s options position limit from 250,000 to 1 million contracts. Summary SEC has approved raising IBIT options limits from 250,000 to 1 million contracts. NYSE Arca says the higher cap matches strong…
The Moon is starting to reappear on its right side (this will be the left side if you’re in the Southern Hemisphere). This means we’re in the Waxing Crescent portion of the lunar cycle. What is today’s Moon phase? As of Thursday, July 16, NASA’s Daily Moon Guide tracker tells us the Moon phase is…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Chinese gaming firm miHoYo launched Steam Early Access for its AI companion application, “BSide: Olivia Lin,” on Monday, July 13, 2026. The release is categorized as a free-to-play utility rather than a video game, representing…
