Key Takeaways Full cash exercise of public warrants could generate about $132.2 million. Completed advance and delayed placements brought $224.55 million in cash. Ripple contributed 126,791,458 XRP to Evernorth’s operating subsidiary. Evernorth Plans Further XRP Purchases Through Capital Raising Buying additional XRP forms part of the financing strategy that Evernorth Holdings Inc. (Nasdaq: XRPN) outlined…

Key Takeaways Qubic restarted its blockchain after attackers drained 1,404 wallets of approximately $1.3 million. Qubic’s validators approved a recovery plan, with verified victims already receiving payments. Qubic victims have until May 1, 2027, to file claims for stolen cryptocurrency. Qubic Resumes Operations After 1,404 Wallets Are Drained Qubic has restarted its blockchain following the…

Key Takeaways The ABA blasted the OCC for removing safeguards against indirect stablecoin yield payments. The ICBA told Bitcoin.com News that stablecoin adoption could reduce community bank lending by at least $850 billion. Both banking groups argue crypto rewards could drain deposits and threaten local lending. Banking Groups Challenge OCC Over Stablecoin Yield Loopholes The…

Key Takeaways The BIS argues bitcoin cannot function as everyday money because it lacks the credit structures and public backstops underpinning fiat money. Michael Saylor agrees that, for now, bitcoin is better suited as capital than currency, advocating credit products built on top of BTC. Both see credit as essential, but disagree on whether public…

Key Takeaways Bitcoin reclaimed $84,000 on Oct. 21, briefly approaching $84,739 as bearish positions unraveled. Coinglass recorded $243.04 million in crypto liquidations, including $188.14 million in shorts. Binance accounted for approximately 44% of liquidations as bitcoin approached familiar resistance. Bitcoin’s Rally Leaves Short Sellers Scrambling Bitcoin’s price traded near $84,376 on Bitstamp’s hourly chart on…

Key Takeaways OCC rules implementing the GENIUS Act take effect Jan. 18, 2027, setting federal stablecoin standards. Issuers cannot pay yield just for holding stablecoins, while third-party rewards face case-by-case review. The framework gives U.S. issuers a federal path for reserves, redemptions, and custody. Stablecoin Issuers Face Clearer Federal Standards The U.S. has put a…

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Fugitive gambling tycoon Charlie “Atong” Ang may have converted an estimated $3 billion into cryptocurrency to conceal his financial movements after fleeing the country through an unauthorized backdoor route, the Philippine interior chief said Tuesday….

Key Takeaways MEXC began winding down accounts for users in Russia and Belarus on Oct. 20, citing compliance. The EU’s 20th sanctions package banned crypto deals with Russian and Belarusian providers from May 24, 2026. Russia’s central bank keeps peer-to-peer crypto trades legal only until July 1, 2027, narrowing exits further. Four Paragraphs but No…

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. The Office of the Ombudsman has placed Department of Information and Communications Technology Undersecretary for E-Government David L. Almirol Jr. under a six-month preventive suspension without pay over an alleged conflict of interest involving 1.55…

Key Takeaways Bitmine staked 159,728 ETH ($390.6M) on Oct. 21, bringing its staked total to 5.23M ETH. Staking now covers 86.5% of Bitmine’s roughly 6.04M ETH, up from about 84% on Oct. 18. Bitmine sits about 63,500 ETH short of its goal to own 5% of ether’s 122.1M circulating supply. One Transaction, Nine Figures Onchain…