Cathie Wood’s Ark Buys $21M in Block, $2.3M in SpaceX
Key Takeaways Ark Invest bought 267,676 Block shares worth about $21 million on August 6. Cathie Wood’s fund also added 20,318 SpaceX shares worth roughly $2.3 million the same day. The purchases extend Ark’s long-running bets on Jack Dorsey’s Block…
Tesla, SpaceX Pick Texas Site for Musk’s $16.8B Chip Plant
Key Takeaways Tesla and SpaceX will make an initial $16.8 billion investment to begin building the Terafab chip plant. he companies relocated the project from Austin to Grimes County, Texas, with total spending potentially reaching $119 billion. SpaceX holds 18,712…
Coldcard Hacker Resumes Moving Stolen 30 BTC to New Wallet
Key Takeaways The Coldcard hacker moved 30.185 BTC, worth about $1.94 million. The attacker is believed to hold 2,055 BTC, worth roughly $130 million, from the original exploit. Onchain analysts flagged the transfer as a possible sign the hacker is…
CertiK Director Lau Advances AI as Net Positive Despite Risks
Key Takeaways An AI agent hacking Hugging Face proves autonomous cyber warfare is real, urging Web3 to adopt AI security. While AI speeds up finding vulnerabilities, human experts must still verify their actual impact. CertiK is developing defensive tools like…
BSP Draft Rule Mandates National ID Integration for Licensed VASPs, E-Wallets, and Banks
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. If a currently drafted BSP memorandum will push through, local crypto platforms, e-wallet providers, major banks, and digital banks in…
Fake XRP Airdrops Spread Online as Foundation Urges Users to Stay Alert
Key Takeaways XRP investors face fake airdrops, wallet scans, and phishing scams. XRP Ledger Foundation warns against false reward campaigns. RippleX flags fake scanners and impersonation posts on X. XRP Ledger Foundation Warns Investors About Fake Rewards The XRP Ledger…
Thailand’s 0% Crypto Tax Has a Catch, and It Involves Playing by Their Rules
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. At first glance, the headlines making rounds across social media sound like a dream for crypto traders: Thailand has officially…
XRP Gains Major DeFi Utility as FXRP Unlocks RLUSD Loans
Key Takeaways FXRP now serves as collateral in Sentora’s reported $280 million RLUSD vault. XRP holders can borrow RLUSD without selling their underlying assets. The launch extends XRP into Ethereum-based institutional credit markets. XRP Enters a Major Ethereum Lending Vault…
Sui Signals Q1 2027 Mainnet Upgrade to Avert Quantum Threat
Key Takeaways Sui is adding quantum-resistant signatures to protect user accounts and vaults from future quantum threats. Users can seamlessly upgrade without changing addresses or moving assets, reducing user friction and cost. Sui plans to roll out quantum-safe vaults by…
Circle Warns MiCA Rules Cut off EU Users From Top Stablecoins
Key Takeaways MiCA licensed 35 tokens, but excluded major issuers like Tether, leaving many EU users unprotected. Strict MiCA rules cut off EU users from global stablecoins, limiting market access for major tokens. The EU opened a public consultation through…
