Key Takeaways The Coinbase Support X account confirmed an Amplitude vendor incident but denied any unauthorized access to its systems. Claims that more than 70,000 Coinbase users were affected remain unverified. Coinbase faces renewed questions about third-party security following its costly 2025 incident. Coinbase Denies Direct Breach as 70,000-User Claim Circulates This week, Coinbase acknowledged…
Key Takeaways Binance XRP open interest fell nearly 28% since Sept. 22. The analyst cited $445 million in exposure, below its 180-day average. Similar signals preceded XRP gains of 32% and 72%, the analyst said. XRP Signal Echoes Setup Before Previous Rallies XRP could be developing conditions for a short-term rebound as leveraged exposure contracted…
Key Takeaways Strategy shareholders approved daily dividends for STRF, STRC, STRK, and STRD preferred shares, with 99.3% of votes cast in favor. Daily dividends begin Nov. 1 for STRC, with the other three preferred stocks transitioning Jan. 1, 2027, subject to final implementation. STRC will maintain a 12% annualized dividend rate in November, with approximately…
Key Takeaways DTCC launched a tokenization service connected to a custody operation holding more than $114 trillion in assets. JPMorgan, Morgan Stanley and 18 other DTC participants signed agreements to access the service. DTCC initially supports Canton and private Besu networks, with additional blockchain integrations planned for 2027. Wall Street’s $114 Trillion Custody Giant Enters…
Key Takeaways A 5-year low in Bitcoin Google searches was seen on Oct. 27 as BTC traded near $81,000. Crypto analysts say similar search lows in Sept. 2023 and Sept. 2024 both marked local price bottoms. Robinhood’s crypto revenue fell 55% in Q3, another sign that retail traders have stepped back. Retail Has Left the…
Key Takeaways Mike Alfred’s call needs about a 23% rally from $81,000 before Thanksgiving on Nov. 26. Roughly $2.7 billion in leveraged BTC shorts face liquidation if the price climbs to $84,000. Fed Chair Kevin Warsh’s Oct. 28 rate decision could decide whether bitcoin squeezes up or slips under $80K. The Confidence Is There Mike…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. The Social Security System has named Rizal Commercial Banking Corporation its Best Digital Disbursement Partner for the fourth consecutive year at the annual SSS Balikat ng Bayan Awards. The distinction recognizes the private commercial bank…
Key Takeaways A UCLA team’s Science Advances study used clumped isotopes in T. rex tooth enamel to estimate the dinosaur’s body temperature at about 97°F (36°C). That sits above modern reptiles (82 to 86°F) but below birds (104 to 109°F), pointing to a warm-blooded predator that ran cooler than its bird descendants. Staying warmer than…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Cryptocurrency exchange Bitget announced an agreement on Oct. 20 to acquire GMO-Z.com Cryptonomics (Thailand) Co. Ltd., securing a regulated footprint in the Southeast Asian country. Under the transaction, Japanese conglomerate GMO Internet Group Inc. and…
Key Takeaways Echo Base CEO Roshan Dharia warns that 1 offshore entity can leave crypto depositors unsecured. Misleading terms and omnibus wallets leave platform depositors at risk of 100% loss as unsecured lenders. Dharia urges daily, or 24-hour, asset reconciliation and segregated custody to protect depositors. How Offshore Structures Expose Crypto Depositors When a centralized…
