Kalshi Hits $40 Billion Valuation After Another $1 Billion Raise
Key Takeaways Reuters reported that Kalshi secured $1 billion in fresh financing, lifting its valuation to $40 billion. Kalshi is expanding into derivatives markets traditionally dominated by Wall Street exchanges. Kalshi faces state regulatory challenges as its competition with Polymarket…
Google Builds Crypto Custody Security Platform for Banks
Key Takeaways Google launched an MPC custody platform for banks, with commercial availability targeted for early 2027. Alphabet is using it on Solana and Ethereum as institutions test protection against private-key theft. The bigger shift is Big Tech treating institutional…
RCBC Tops FinTech Alliance PH Pickleball Tournament as 42 Organizations Compete
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Rizal Commercial Banking Corp. secured the overall championship at the second annual FinTech Alliance PH pickleball tournament, finishing ahead of…
Birds Across Europe Flee Sooner When a Woman Approaches Than a Man, and Scientists Have No Idea Why
Key Takeaways Urban birds in five European countries let men get about 1 meter closer than women before fleeing, with mean flight distances of 7.5 meters versus 8.5 meters. The pattern held across 37 city species, from early-flushing magpies to…
Palawan Group Partners with AltPayNet to Expand International Remittance Rails for PalawanPay and 3,800 Branches
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. The Palawan Group of Companies has entered an agreement with payment infrastructure provider AltPayNet to expand international remittance rails across…
She Trained to Be a Ballerina in Brazil. At 30, She’s the World’s Youngest Self-Made Female Billionaire
Key Takeaways Kalshi COO and co-founder Luana Lopes Lara, 30, holds a reported $2.6 billion net worth, making her the world’s youngest self-made female billionaire. Kalshi’s $1 billion Series F in May 2026 valued the prediction-market platform at $22 billion,…
PLDT Chairman Manuel Pangilinan Eyes 2027 Dual-Market IPO for Fintech Firm Maya
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. PLDT Inc. Chairman Manuel V. Pangilinan said Wednesday that BSP-licensed digital banking and payments platform Maya is targeting an initial…
Ripple’s RLUSD Wins Historic Moody’s Rating After US Bank Approval
Key Takeaways Moody’s assigned RLUSD A2 long-term and P-1 short-term deposit ratings a day after Ripple’s trust bank approval. The issuer targets 103% reserve coverage, primarily in government assets. Issuer bankruptcy could delay redemptions beyond two business days. RLUSD Receives…
BSP Pushes Sector-Specific Data and Statistics to Drive Philippine Industry Growth
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) called for the increased adoption of granular statistical data to direct national policy decisions…
Ripple CEO Praises US Treasury Secretary as Major Crypto Deals Unfold
Key Takeaways Bessent joined Garlinghouse to open Swell’s 10th edition. Garlinghouse previously backed Bessent’s selection and legislative push. Ripple introduced returns targeting corporate cash outside banking hours. Garlinghouse Praises Bessent’s Crypto Leadership Brad Garlinghouse, CEO of blockchain infrastructure company Ripple,…
