Joseph Rees

Vault Summit Asia to Convene Financial Institutions in Singapore on Oct. 9

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Check out the BitPinas Token 2049 Coverage Here Vault Summit will host its inaugural Asia edition at Andaz Singapore on…

FCA Clears Crypto Rulebook, but UK Banks Can Still Block Transfers

Key Takeaways FCA guidance sets out which U.K. crypto firms need authorization under rules starting Oct. 25, 2027. U.K. banks can still restrict crypto transfers, limiting the impact of clearer FCA regulation. Applications open Sept. 30 as Parliament weighs broader…

Pump.fun Lets Memecoins Trade Against Tokenized Stocks on Solana

Key Takeaways Pump.fun launched 93 Custom Pairs, letting Solana tokens trade directly against stocks and other assets. The model ties PUMP buybacks to trading volume, pushing memecoin liquidity deeper into tokenized markets. It remains to be seen how far 1:1-backed…

Bitcoin Fund Lost 36% of Its Backing, Nobody Noticed for 74 Days

Key Takeaways Nomic’s June 25 bug minted 39.84 unbacked nBTC, blowing a 36% hole in Alloyed BTC’s backing. Osmosis locked down 22.65 BTC after the Nomic mess sat unnoticed for a wild 74 days. Osmosis now wants governance to grab…

Nasdaq Drops $100M on Kraken Parent in Tokenized Stock Power Play – Bitcoin News

Key Takeaways Nasdaq Ventures agreed Sept. 10 to invest $100 million in Kraken parent Payward. Payward’s xStocks had topped $25 billion in volume when the Nasdaq partnership began. Nasdaq targets Q2 2027 for NETs as Payward prepares its tokenized-stock infrastructure….

Liquid Network Resumes Block Production After 4,000 BTC Exploit – Bitcoin News

Key Takeaways Liquid resumed block production after a 4,000 BTC exploit froze network transactions and pegs. The hacker returned 3,400 BTC but demanded a 10% bounty, threatening to keep the remaining ~600 BTC. Blockstream pledged to cover all L-BTC 1:1,…

Trump’s $5,000 Dividend Plan Fails to Move Bitcoin’s Price Past $78K

Key Takeaways President Donald Trump proposed $5,000 dividend checks for Americans if Republicans keep control of Congress. Bitcoin’s price held flat near $78,000 as crypto investors appear focused on upcoming U.S. CPI and PPI inflation reports instead. Federal Reserve rate…

Gen Z Is Twice as Likely to Call Sports Betting an Investment, BofA Finds

Key Takeaways BofA survey found 20% of Americans call sports betting an investment; 40% of Gen Z do. Across all generations, event contracts were seen as more investment-like than betting. Bettors recovered under 75 cents per dollar every month from…

97 Sealed NES Games Found in a Wisconsin Storage Unit, Some Valued Near $9,000

Key Takeaways Thor Jensen found 97 sealed NES games, with PSA grading several above 9.6. PSA gave 1 game a perfect 10, while rare titles could fetch nearly $9,000 each. Jensen plans to auction the NES haul, with part of…

Singapore Grants Gemini Major Crypto License for Trading Push

Key Takeaways Gemini secured a Major Payment Institution license from MAS. The license covers digital tokens and cross-border transfers. Gemini has served customers in Singapore since 2020. Gemini Clears Singapore’s Major Licensing Hurdle Retail and institutional customers in Singapore can…