Cronos Halts Chain After $75M Tectonic Exploit
Key Takeaways On Aug. 31, 2026, Tectonic lost over $70 million after an attacker used $600,000 to inflate TONIC’s price 40x. Cronos validators halted block production, trapping $60 million onchain while Crypto.com aids the probe. Cronos validators must now decide…
FOMO Cracks Top 5 US Finance Charts, Passes Kalshi and Cash App
Key Takeaways Fomo cracked the top five U.S. finance apps on Apple’s App Store earlier this month. The app has drawn 470,000 to 625,000 users and more than $2.5 billion in cumulative volume. Benchmark and 140 angel investors backed Fomo’s…
Ireland Bans Crypto From New State Investment Scheme
Key Takeaways Minister Simon Harris barred crypto from Ireland’s new investment scheme to shield $197B in deposit savings. The decision widens the regulatory gap between traditional EU equities, at 7.5% adoption, and digital assets. Ireland will mandate strict wallet verification…
BSP Won’t Defend ₱60 Target as Philippine Peso Hits Historic Low Past ₱62
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. The Bangko Sentral ng Pilipinas (BSP) will not draw down its foreign currency reserves to artificially defend a ₱60 exchange…
Tether CEO Slams BIS Over Tokenized Bank Deposit Push
Key Takeaways Tether’s CEO defended stablecoins after the BIS claimed tokenized deposits are better fiat substitutes. Ardoino argued stablecoins are safer because they are fully backed, exposing bank fractional reserves. The dispute highlights bank fears that the CLARITY ACT could…
Coinfest Asia 2026 Recap: Indonesia’s $28 Billion Onchain Vision, Stablecoins, and the AI Shift
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Southeast Asia’s largest crypto gathering felt less like a speculative trade show and more like an active regulatory workshop for…
With 75% of Tech Listings Asking for AI, Gen Z Weighs Specialist vs Generalist
Key Takeaways AI skills appeared in 75% of tech listings in June, raising the bar for Gen Z. Ed Yardeni sees AI pushing firms toward specialists as hiring stays muted. Simon Johnson says Gen Z can pair AI skills with…
Sberbank Sees Russian Legal Crypto Trading Hitting $46B in Year One – Bitcoin News
Key Takeaways Russia legalized broker crypto trading, expecting over $46B in official volume in its first year. Strict annual purchase caps of $3,800 for retail investors will limit total official market growth. Official exchanges can trade only BTC, ETH, and…
Why a Famous Burger Chain Now Calls Itself a ‘Bitcoin Company’
Key Takeaways Steak ‘n Shake credits bitcoin users with stronger restaurant sales. Its parent reported 13.8% same-store sales growth in the second quarter. Hourly employees earn a bitcoin bonus of 21 cents for every hour worked. Why Steak ‘n Shake…
UK Reveals 240 Crypto Millionaires in First Official Tax Report
Key Takeaways The UK published its first official statistics on taxable crypto gains. 240 people each declared more than £1 million in crypto gains. 17,600 taxpayers reported £1.38 billion in total taxable gains. First Official Tax Report Identifies 240 Crypto…
