Headlines

Joseph Rees

Solana Trading Bot Hacked for Nearly $1M, 49 Wallets Drained

Key Takeaways Bloom Trading confirmed that an Oct. 26 exploit drained 9,408 SOL worth approximately $947,000. Bloom identified a third-party RCE vulnerability and said no private keys were compromised. Bloom pledged full reimbursement to nine affected users controlling 49 wallet addresses. Hacker Drains 9,408 SOL Through Third-Party Vulnerability Bloom, a Telegram-based cryptocurrency trading bot supporting…

Read More

Strategy Skips Bitcoin Buy, Spends $205M Repurchasing STRC Instead

Key Takeaways Strategy paused bitcoin purchases last week, keeping its holdings unchanged at 848,517 BTC. The company repurchased 2.07 million STRC shares for $204.9 million, bringing its two-week buyback total to approximately $398 million. Strategy retains $956.8 million in preferred stock buyback authorization, alongside $4.83 billion in USD reserves and $242.4 million in available cash….

Read More

Token2049: Bitmine Caps Ethereum Treasury at 5% Supply as Chairman Tom Lee Declares New Bull Run

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Check out the BitPinas Token 2049 Coverage Here Digital asset treasury firm Bitmine Immersion Technologies will halt its ether purchases after reaching a hard cap of 5% of the cryptocurrency’s circulating supply, company Chairman Tom…

Read More

DICT SPARK Rolls Out Free Blockchain Certification for Jobseekers, OFWs Across PH Provinces

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. The Department of Information and Communications Technology (DICT) has launched a free 20-day certification program in blockchain and cryptocurrency, completing initial training cohorts in Kalinga and Capiz to equip provincial jobseekers and returning overseas Filipino…

Read More

New Study Says Quantum Corrections Could Erase Einstein’s Black Hole Singularities

Key Takeaways A new paper in Physics Letters B argues general relativity may be incomplete at the extreme densities inside black holes and at the Big Bang. By adding an infinite series of quantum-gravity corrections to Einstein’s equations, the authors replace infinite-density singularities with intensely curved but well-behaved regions of spacetime. Direct tests are impossible,…

Read More

Aquino Urges Tax Bureau to Suspend Registration Seal Mandate for Online Merchants

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Sen. Bam Aquino called on the Bureau of Internal Revenue (BIR) to temporarily halt a mandate requiring online merchants, freelancers and content creators to display a digital registration seal badge ahead of the Oct. 31…

Read More

Stablecoin Market Sheds $12.7B as Crypto’s Dry Powder Runs Thin

Key Takeaways Defillama data shows stablecoin capitalization fell $12.73 billion since May 22. USDC shed $4.69 billion in 30 days, accounting for most of the tracked stablecoin contraction. Blackrock’s BUIDL and other tokenized Treasury products complicate crypto’s liquidity narrative. Stablecoin Supply Retreats as Traders Question Crypto’s Buying Power Traders are reconsidering how much buying power…

Read More