Cryptex Finance filed an amended registration statement on Aug. 24 for its proposed Digital Market Cap ETF, including XRP at a 4.88% fund weighting. Summary Cryptex’s amended ETF filing assigns XRP a 4.88% fund weighting and discusses possible escrow releases. The disputed language comes from Cryptex, not an SEC finding or confirmed Ripple announcement directly….
That’s when Ikea began prototyping the stool in various materials such as cork and wood. Wahl says the company did a lot of 3D printing, with different versions of the base’s radius. One had a completely round base, which made it very unstable, though Wahl thought it was fun because it required a lot of…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Filipino crypto traders hoping for Binance’s quick return to the local market are getting a firm reality check from regulators. The Securities and Exchange Commission (SEC) has clarified that allowing the crypto exchange’s local partner…
Losing the $75,000 to $76,000 zone could put newer holders under pressure and accelerate even more selling. Bitcoin (BTC) slipped back below $80,000 after testing the level again, with XWIN Japan pointing to profit-taking by existing holders as a major barrier on August 26. The next move may depend less on another brief test…
Ventures Platform has raised an oversubscribed $84 million second fund as the Pan-African venture firm expands beyond its home market of Nigeria with a strategy shaped by a tougher, more selective venture market. The firm plans to back early-stage founders across a range of sectors, including fintech, healthcare, SaaS, and other areas “where technology can…
Key Takeaways Iran’s rial hit a record 2.02 million per dollar on Aug. 24, amid new U.S. sanctions. The IRGC reportedly controls 65% of Iran’s bitcoin mining capacity via state-linked farms. Trump’s new sanctions name digital assets as a target for the first time, per Treasury. A Record-Low Rial and a New Sanctions Wave Iran’s…
Russia’s MTS, Rostelecom and MegaFon have prepared to accept digital ruble payments from Sept. 1 as Russia begins the first mandatory stage of its nationwide central bank digital currency rollout. Summary MTS, Rostelecom and MegaFon are preparing to accept digital ruble payments from Sept. 1. MTS will support the CBDC across services integrated with MTS…
Apple is putting conversational AI directly into its shopping experience. Select iPhone users began seeing an “Early Preview” of a Virtual Shopping Assistant in the Apple Store app on Aug. 24, giving them a new way to ask about products, orders, trade-ins, and payment options. Apple has not formally announced the feature or said when…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. AI becomes the decision layer of the digital economy. Settlement, ownership, and provenance still have to run on something. Paul Soliman is the Founder and CEO/CTO of Hacktiv Colab Inc. and Chairman and Group CEO of BayaniChain,…
ZEC recently surged to an 8-year high. However, it has lost $100 since then. Grayscale’s Zcash fund began trading on NYSE Arca as the Zcash ETF (ZCSH) this Tuesday, August 25, billed by the firm as the first exchange-traded product in the world to offer spot exposure to Zcash (ZEC) and carrying a sponsor’s…
