Coinbase, Bitgo Say Unaffected by PHP Flaw; Binance’s CZ Urges Caution
Key Takeaways Coinbase and Bitgo reported no exposure to the PHP flaws, Binance “implemented proactive safeguards,” while some other crypto platforms said they do not use PHP. Cloudflare recorded millions of PHP flaw exploitation attempts, while Amazon detected an attempt…
Bitunix Increases Its Care Fund to $50 Million, Further Strengthening User Protection
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Cryptocurrency exchange Bitunix has increased its Care Fund from $30 million to $50 million USDC, expanding the reserve available to…
Aerodrome and Velodrome Unite to Chase $120B in Trading Volume
Key Takeaways Aerodrome and Velodrome combine into Aero, targeting seven blockchain networks. The predecessors distributed $578 million to tokenholders, while Aero promises 100% revenue sharing. Predictive Allocation rewards stakers for directing incentives toward potentially profitable trading markets. Two Exchanges Become…
Suspended DICT Usec Almirol Denies ₱1.55B Conflict of Interest Allegations
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Suspended Department of Information and Communications Technology (DICT) Undersecretary David Almirol Jr. on Thursday denied allegations of a conflict of…
Coinbase Spotlights 8 Big Stories From Bitcoin Forecasts to AI
Key Takeaways JPMorgan projects 10% annual bitcoin returns over 10 to 15 years. Switzerland’s approved bitcoin fund expects trading in November. OpenAI acquired Orchestra Bio to support AI-assisted drug development. JPMorgan Projects Bitcoin Returns Above Stocks and Gold An eight-item…
Up to 10% of Overseas Filipino Remittances Are Now Settled via Stablecoins, Chainalysis Report Reveals
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. While global headlines focus on bitcoin prices and institutional trading desks, millions of Filipinos are using cryptocurrency for a much…
Uphold Lists Evernorth’s XRPN Stock, Expanding XRP Treasury Access
Key Takeaways Eligible U.S. users can trade XRPN through Uphold’s equities service. Fractional investments on the platform start at $5. Evernorth raised approximately $300 million in gross cash proceeds. Uphold Opens Access to Evernorth’s XRP Treasury Stock Eligible U.S. investors…
How Crypto Assets Get Frozen: Exchanges, Stablecoin Blacklists, and Police Seizures Explained
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. The most famous promise in the crypto world is simple: once your money is in your own wallet, nobody can…
Cathie Wood’s ARK Sees Tesla at $4,400 With $225B AI Spending Forecast
Key Takeaways ARK expects robotaxis to contribute 80% of Tesla’s enterprise value in 2031. Its $4,400 target is about 1,039% above the Oct. 21 close. The model incorporates share dilution from Musk’s stock-based compensation. AI Spending Assumptions Support the $4,400…
Ripple-Backed Evernorth Eyes $132M Funding Amid XRP Buying Plans
Key Takeaways Full cash exercise of public warrants could generate about $132.2 million. Completed advance and delayed placements brought $224.55 million in cash. Ripple contributed 126,791,458 XRP to Evernorth’s operating subsidiary. Evernorth Plans Further XRP Purchases Through Capital Raising Buying…
