CEO Arrested Over Alleged Crypto-Funded Contract Killing
Key Takeaways Cash and 25,000 USDT allegedly funded murder-for-hire payments. Complaint alleges $750,000 was converted into cryptocurrency. Federal probe also describes suspected money laundering and BSA violations. Prosecutors Allege Crypto Payments Completed Murder-for-Hire Scheme The U.S. Department of Justice (DOJ)…
Filipinos Are Searching Less for Shopee and Lazada—Because They’re Becoming the Sellers, Says Paymongo
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. For years, the dominant story of Philippine e-commerce was simple: millions of shoppers logging onto Shopee and Lazada to buy…
Who Lost Bitcoin and Who’s at Risk
Key Takeaways Coldcard-linked thefts drained bitcoin from hundreds of wallets on July 30. Coinkite says Mk3 seeds had about 40 bits of entropy instead of 128. Coldcard users must install fixed firmware and create new seeds before moving funds. According…
PalawanPay Powers QRPh Payments for Small Businesses at BIYAYA Festival 2026
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Pop-up markets and community festivals are vital launching pads for local vendors in the Philippines, but accepting digital payments often…
Saylor and Strategy Officially Back CLARITY Act for US Crypto
Key Takeaways Strategy and Michael Saylor publicly endorsed the CLARITY Act. The Senate proposal divides crypto oversight between two regulators. The measure gained backing as institutional interest in crypto grows. Strategy and Saylor Join the CLARITY Act Campaign Strategy Inc….
Coldcard Attacker Stole $30M in 10 Minutes by Targeting Big Wallets
Key Takeaways The attacker stole roughly $30 million during the first 10 minutes. Investigators identified 500 victim wallets swept within 25 minutes. Vulnerable seeds require replacement, even after installing the hotfix. Attacker Prioritized Coldcard Wallets With the Largest Balances Blockchain…
CLARITY Act Push Hits 1 Million With 7 Days Before Senate Recess
Key Takeaways Stand With Crypto reports one million contacts supporting the bill. Officials warn the proposal could weaken safeguards and oversight. The widening dispute threatens action before the August recess. Million-Contact Campaign Intensifies Senate Pressure Stand With Crypto, a nonprofit…
USDT Issuer Tether Hits $1.5B Q2 Profit, Hoards 98,932 Bitcoin
Key Takeaways Tether reported $1.5B in Q2 profit as USDT cap reached $184.6B, capturing 60% of the stablecoin market. Tether backed USDT with $115B in Treasuries and $18.8B in gold, building $4.11B in excess reserves. Tether hired KPMG for its…
Circle Hits Regulatory Milestone With NYDFS Trust Charter
Key Takeaways Circle secured an NYDFS trust charter, enabling it to issue state-approved stablecoins and offer custody. The NYDFS license validates Circle’s compliance standards, securely positioning USDC in the global market. This state approval follows federal OCC clearance, placing Circle…
NY Sues Kalshi, Demanding $100K Fine Per Illegal Bet
Key Takeaways New York sued Kalshi for running an unlicensed gambling operation disguised as a prediction market. The state alleges Kalshi bypasses taxes and illegally permits betting by users under 21 years old. New York seeks a ban on Kalshi,…
