DICT Usec Addresses Operational Issues in First eGovHackathon, Outlines Evaluation Process
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Department of Information and Communications Technology (DICT) Undersecretary for E-Government David Almirol has issued a public statement reviewing the first…
US House passes congressional stock trading ban despite loophole concerns
The US House of Representatives has passed a congressional stock-trading ban by a 232-198 vote, sending the measure to the Senate despite criticism that it leaves existing holdings untouched. Summary The House passed the Stop Insider Trading Act in a…
Sam Altman-Backed Project Launches Phase 3 to Drive Real-World Utility
Key Takeaways World shifted from token rewards to utility-based growth, enabling human verification for apps and AI agents. World will build network density in core markets like the US and Japan to maximize real-world utility. World ID 4.0 will monetize…
Samson Mow says SATA rebound could pull Strategy’s STRC to par
Strive’s SATA preferred shares have recovered nearly 16% from their June low to about $97, prompting Jan3 CEO Samson Mow to predict that the rebound could help Strategy’s STRC return to its $100 par value. Summary Strive’s SATA has rebounded…
Grayscale Says Fed Policy Could Decide if Bitcoin Bear Market Ends Now or Runs to October
Key Takeaways Grayscale says bitcoin may stay weak until September or October if its 4-year cycle repeats. Bitcoin’s historic 80% bear-market losses may matter less as Fed policy drives institutional demand. Grayscale sees a bottom forming if the Fed avoids…
After Twenty One Exit, Jack Mallers Says Bitcoin Taught Him Hard Lessons
Rather than predicting prices, Maller argued Bitcoin’s toughest periods are what keep the network and its participants honest. Jack Mallers says Bitcoin’s bear market has left him “getting my ass kicked,” but the Strike founder believes that is exactly…
Memecoin.Fun raises $3.5M as Robinhood Chain launchpad race grows
Robinhood Chain token launch platform Memecoin.Fun has raised $3.5 million in strategic funding as the network’s decentralized exchanges approach $9 billion in cumulative trading volume. Summary Memecoin.Fun raised $3.5 million in strategic financing led by Becker Ventures. Funding will support…
CLARITY Act’s Passage Is ‘When, Not If’
Key Takeaways Patrick McHenry has told media that CLARITY Act passage is a question of when, not if. The Senate Banking Committee advanced CLARITY 15-9 on May 14, but a floor vote remains undecided. Senate Majority Leader John Thune says…
BitMEX Hit With 623 BTC Lawsuit After Announcing Shutdown
BitMEX is accused of allowing internal traders access to customer data while users were locked out during server issues. BKX Services Inc. and David Namdar have filed a class action lawsuit against BitMEX. The plaintiffs accuse the exchange of…
LMAX taps Morgan Stanley to weigh $5B sale or Nasdaq listing
LMAX Group has enlisted Morgan Stanley and KBW to assess a sale or public listing that could value the institutional trading company at up to $5 billion. Summary LMAX has tapped Morgan Stanley and KBW to review strategic options worth…
