Joseph Rees

Paradigm Raises $1.2 Billion as AI Funding Outpaces Crypto Deals in 2026

Key Takeaways Paradigm closed a $1.2 billion fund on Wednesday targeting AI and robotics. Bloomberg’s Rebecca Torrence reported the fund marks Paradigm’s third venture vehicle. Paradigm already backed Zipline and True Anomaly through the new frontier fund. Bloomberg’s Rebecca Torrence…

Bitcoin Falls to $62,000 as Trump’s Iran Ceasefire Comments Rattle Markets – Bitcoin News

Key Takeaways Bitcoin traded at $62,103 on July 8, down 1.91% after rejecting $64,169.63. MACD’s negative 751 reading was the lone bullish signal among 12 moving averages. Bulls need a daily close above $63,000 or the $57,735 support level comes…

Bitcoin

Polymarket Switches on Instant Bitcoin Lightning Deposits, Cutting 60-Minute Waits to Under a Second

Key Takeaways Polymarket now credits bitcoin Lightning deposits in under 1 second via Spark, versus 10–60 minutes onchain. Spark validates BTC transfers at broadcast, replacing the 3–6 confirmations Polymarket required since October 2025. Kalshi’s $5.42 billion April volume lead over…

DICT Signs MOU With Malaysia’s Zetrix for Government Blockchain Project

The Department of Information and Communications Technology (DICT) has entered into a Memorandum of Understanding (MOU) with Malaysia’s Zetrix AI Berhad group to adopt the Zetrix Layer-1 public blockchain platform as the foundational protocol for the Philippine government’s upcoming public…

Saylor’s Strategy Sold $135 Million in Bitcoin Without Tapping Its $1.25 Billion Monetization Program

Key Takeaways Vaneck’s Matthew Sigel says Strategy’s $135M July bitcoin sale left its $1.25B monetization program untouched. Strategy sold 3,588 BTC for about $216M between June 29 and July 5 to fund preferred stock dividends. Sigel called Strategy ‘a hedge…

Terawulf and Anthropic Sign 20-Year AI Data Center Lease Worth $19 Billion

Key Takeaways Terawulf signed a 20-year Anthropic lease worth about $19B in contracted revenue. Fluidstack will buy Terawulf’s 50.1% Abernathy stake, freeing capital for AI growth. Justified Data targets 401 MW by early 2028, with AI campuses driving future expansion….

PNB to Eliminate InstaPay, PESONet Fees Starting July 10

Philippine National Bank (PNB) will waive transaction fees for domestic fund transfers via InstaPay and PESONet starting July 10, 2026. The lender announced through an official advisory that the zero-fee structure will apply to transactions processed through its mobile application,…

A $15 Billion Plan Would Put a Floating City of 50,000 in International Waters

Key Takeaways Freedom Cruise Line seeks $15.6B for a 50,000-resident city; financing remains the hurdle. Norman Nixon’s 1990s concept revives, testing maritime engineering and nuclear power plans. Freedom Ship targets a 3-4 year build if funded; regulatory approval remains the…

List: PH Banks With Free InstaPay and PESONet Transfers After BSP Fee Rules

Several Philippine banks and electronic wallet operators have eliminated or adjusted their digital transaction costs in response to a central bank mandate requiring financial institutions to lower retail fund transfer charges. The fee adjustments follow the Bangko Sentral ng Pilipinas…

Jim Rickards Asked Robert Kiyosaki to Read One Manuscript, Then His View of Global Finance Changed

Key Takeaways Robert Kiyosaki said a manuscript shared by Jim Rickards changed how he views global finance. Kiyosaki warned commonly held financial assets could face pressure as financial rules shift across markets. His claims remain warnings, with evidence and future…