Headlines

Joseph Rees

Ledger Attributes All Confirmed Wallet Losses to CryptoBilis as Unverified Reports Surface in Europe

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Hardware wallet manufacturer Ledger stated that all confirmed cryptocurrency thefts linked to an ongoing supply chain investigation involve devices sold exclusively by Southeast Asian reseller CryptoBilis, even as unverified reports of tampered units surface in…

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Ripple’s RLUSD Gains Standard Chartered Custody on the XRP Ledger

Key Takeaways Standard Chartered’s custody service supports RLUSD on the XRP Ledger. Planned collateral mirroring would keep tokens off the trading venue. Implementation still requires testing, documentation, and approvals. Standard Chartered Opens Bank Custody for RLUSD Eligible institutions can now place Ripple USD (RLUSD) issued on the XRP Ledger (XRPL) in Standard Chartered’s custody. The…

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Bitcoin Price Falls Below $82K as $406M in Longs Get Liquidated

Key Takeaways Bitcoin fell below $82,000 Monday as $488.61 million in crypto liquidations hit 118,142 traders. Coinglass data shows bullish positions accounted for $406.48 million, or 83.2%, of liquidations. Ethereum, solana and XRP joined bitcoin’s decline as investors awaited Wednesday’s CPI report. Bitcoin’s Slide Wipes Out 118,000 Crypto Traders On Monday, Oct. 12, 2026, bitcoin’s…

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South Korea’s Bitcoin Lending Experiment Begins at Jeonbuk Bank

Key Takeaways Edaily and Maeil Business Newspaper detailed that Jeonbuk Bank has executed South Korea’s first reported traditional bank loan secured by bitcoin. New rules effective Oct. 1 let Jeonbuk Bank pursue court-supervised collateral recovery without holding bitcoin. Jeonbuk Bank limits the arrangement to corporate borrowers, with rates and collateral requirements undisclosed. A Bitcoin Loan…

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Who Pays and Who Gains as Ledger Drama Fuels Multisig Adoption

Key Takeaways Multivendor multisig combines hardware from different manufacturers to reduce the risk of a single point of failure. Hardware wallet makers and multisig providers could gain customers as security concerns grow. Greater security comes with added costs and complexity, potentially pushing some users toward custodial solutions. Technically savvy bitcoiners have been using multivendor multisig…

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Cryptobilis Founder Reveals Company Was Sold Months Before Exploit

Arravind Prabu, founder of Cryptobilis, disclosed that the company had been acquired by an undisclosed party earlier this year. While Prabu acknowledged he assisted the current management team in some events, he denied having any operational visibility into the company’s day-to-day operations. Key Takeaways Former Cryptobilis CEO Arravind Prabu revealed the company was sold in…

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Bitcoin Price Walks a Tightrope as Bears Circle the $82K Zone

Key Takeaways Bitcoin’s price trades near $82,550 and $83,000 as neutral indicators and weakening momentum give bears a slight advantage. Bitcoin faces resistance around $84,000 to $85,000, while $82,500 remains an important support level. Bitcoin’s longer-term moving averages remain positive despite short-term uncertainty and fading momentum. Bitcoin Price Stalls Near $83K as Bears Test Market’s…

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