Joseph Rees

Jeff Bezos’ Parents Put $250,000 Into His 1995 Internet Bet Despite a 70% Loss Risk

Key Takeaways Miguel and Jackie Bezos put $250,000 into Jeff Bezos’s 1995 online bookstore after he warned of a 70% chance of losing everything. Their 1,430,244 shares, bought at about $0.17 each, grew past $40 billion as Amazon expanded into…

Coins.ph License Reportedly at Risk Over Gambling Ties, but Platform Denies Claims It Knowingly Serves Offshore Gaming Firms

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Updated at 1:19 PM: Shortly before this article is published, Coins.ph sent a message to BitPinas, and said they will…

A Michigan Doorstop Was Authenticated as a $100,000 Rock From Space

Key Takeaways A 10.22 kg Michigan farm rock was confirmed in 2018 as a Group IIIAB iron meteorite worth about $100,000. Geologist Mona Sirbescu measured 88.5% iron and 11.5% nickel, then the Smithsonian confirmed the origin. Named Edmore, it ranks…

Bitcoin and XRP Sentiment Turn Fearful as Ethereum Draws Bullish Buzz

Key Takeaways Bitcoin logged 0.82 bullish comments per bearish one, and XRP 0.92. Ethereum’s ratio reached 2.05, putting sentiment in FOMO territory. Bitcoin slid toward $81,000, while XRP struggled to reclaim $1.40. Bearish Commentary Dominates Bitcoin and XRP After Price…

Ledger Extends Regional Retail Freeze Across SEA and Hong Kong as Teardowns Find Spy Implants Beyond CryptoBilis

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Hardware wallet manufacturer Ledger has formally requested all authorized resellers and distributors across Southeast Asia and Hong Kong to pull…

Former Coinbase Investment Chief Now Manages Evernorth’s 473M XRP

Key Takeaways Hugo Jeandesboz leads a treasury that held about 473 million XRP at closing. His responsibilities span allocation, liquidity, trading and custody relationships. Evernorth targets growth in XRP per share through active investment strategies. Former Coinbase Executive Takes Charge…

Bitcoin Price Odds on Prediction Markets Give $100K Just 27%

Key Takeaways Polymarket traders give bitcoin just a 27% chance of hitting $100,000 before 2027, despite $75.1M in trading. Kalshi’s October forecast sits at $87,000, while its year-end bitcoin projection stands at $83,554. Polymarket bettors see a 57% chance of…

Ripple Teams With Stripe-Owned Privy to Bring Wallet Tech to XRP Ledger

Key Takeaways Ripple and Privy partnered to expand wallet infrastructure and payment capabilities on the XRP Ledger. The integration enables autonomous artificial intelligence (AI) agents to conduct transactions using XRP, RLUSD, and other digital assets. Privy simplifies wallet management, with…

Dow Jones Indices, DRW and Marex Bring Wall Street Swaps to Canton

Key Takeaways S&P Dow Jones Indices, Kaiko, and Derivnex just pulled off Canton’s first OTC swap, with Wall Street trading firms DRW and Marex handling the deal. The transaction shows how Wall Street can bring traditional derivatives onto blockchain rails…

Strive Adds $280M in Bitcoin, Outpacing Strategy With Biggest Buy Since January

Key Takeaways Strive bought 3,311 BTC for $280 million, its largest weekly purchase since January, bringing total holdings to 32,773 BTC. The purchase was funded largely by warrant exercises, generating approximately $208 million, alongside expanded preferred stock financing. Strive bought…