Joseph Rees

$50M Bitcoin Purchase Reveals Strive’s Latest Move in Public Treasury Race – Bitcoin News

Key Takeaways Strive bought 759 bitcoin for $50M from June 15-21, lifting holdings to 19,864 BTC. ASST’s 1-year gain of 85.30% shows bitcoin leverage, though dilution risk remains. Strive’s SATA strategy offers 13% APR as management pursues more BTC per…

Bank of England Drops Stablecoin User Caps and Sets $53 Billion Issuance Limit

Key Takeaways Bank of England dropped $26K (£20K) user caps, replacing them with a $52.9B (£40B) issuance guardrail. New rules ease reserve requirements, allowing up to 95% in UK gilts for new issuers. The Bank of England aims to finalize…

ICE Joins OKX in 50-50 Broker-Dealer Deal Targeting US Tokenized Equity Markets

Key Takeaways ICE and OKX formed a 50-50 joint venture targeting U.S. broker-dealer and FCM registration, pending regulatory approval. The venture will give OKX’s 120 million global users access to ICE futures and NYSE tokenized equity markets. Former New York…

Taiko Halts Withdrawals as Hackers Pull $1.7M Through Bridge Validation Flaw

Key Takeaways On June 22, hackers exploited a flaw in Taiko’s bridge proof validation to drain a total of $1.7 million. The TAIKO token faced massive market volatility, briefly spiking before sliding by over 10%. Taiko successfully contained the incident…

US Banks Post $80 Billion in Profit as Unrealized Losses Swell to $325 Billion

Key Takeaways The FDIC reported $325.1 billion in unrealized securities losses for U.S. banks in Q1 2026, up 6.2%. Held-to-maturity portfolios accounted for $214.5 billion of the total and available-for-sale for $110.6 billion. Banks still earned $80.5 billion in net…

AI and Blockchain-Powered bagyo.app Begins Naga City Pilot as Platform Explores Local Government Integration

New Prontera Technologies Corp. (NPC) launched the early access phase of its disaster resilience platform, bagyo.app, during an event at the Summit Hotel in Naga City on June 18, 2026. The platform aggregates weather data, citizen-sourced distress reports, and artificial…

Bitcoin Steadies Around $64,000 as US and Iran Agree on Roadmap to a Final Deal Within 60 Days

Key Takeaways Qatar and Pakistan say the US and Iran agreed on a roadmap to a final deal within 60 days. Technical talks began at Switzerland’s Bürgenstock resort, with a Strait of Hormuz communication line set up. Bitcoin has swung…

How the Network Processed $309 Million in Stablecoins Last Month

Key Takeaways Sandeep Nailwal noted Polygon hit $309M in stablecoin volume in May, next leading Latam blockchain markets. Visa found that non-dollar stablecoin supply reached $1.2B, next transforming emerging payment markets. BRLA hit a $3.2M market cap, next scaling non-dollar…

SEC Commissioner: Tokenized Real-World Assets Could Address PSE Trading Lull

Securities and Exchange Commission (SEC) Commissioner Rogelio Quevedo stated that the tokenization of real-world assets (RWAs) could address the ongoing trading lull in the Philippine Stock Exchange (PSE). Speaking during Philippine Blockchain Week, Quevedo announced that the commission is prepared…

Franklin Templeton Files New Bitcoin DRIP ETFs That Turn Stock Dividends Into BTC

Key Takeaways Franklin Templeton seeks SEC effectiveness for two funds combining stocks and bitcoin exposure. Instead, dividend proceeds would be routed into bitcoin-related holdings over time. Investors could see growing cryptocurrency allocations while retaining diversified equity exposure. Proposed ETFs Blend…