Union Bank of the Philippines (UnionBank) will eliminate transaction fees for real-time person-to-person fund transfers through the InstaPay network starting July 7. The Aboitiz family-led lender announced the policy update through an official advisory, joining other commercial banks that have recently lowered digital transfer costs. According to the bank, the zero-fee InstaPay feature adds to…
Key Takeaways South Korea’s Supreme Court announced draft civil enforcement rules to systematically seize and freeze bitcoin. The rules allow courts to convert illiquid tokens into highly liquid assets to stabilize the crypto market. The National Court Administration will collect public opinions until Aug. 11 ahead of an October rollout. New Rules on Asset Seizure…
State-run Land Bank of the Philippines (LANDBANK) has eliminated transaction fees for retail online fund transfers via InstaPay and PESONet effective July 7. The state-owned lender announced that the zero-fee policy applies to transactions executed through its online retail channels, including the LANDBANK Mobile Banking App and iAccess. According to a company statement, the waiver…
Key Takeaways Circle stock rebounded 7% Monday after an OUSD press release previously triggered a 17% session drop. OUSD threatens Circle’s business model, where 96% of revenue relies on keeping interest on reserves. Regulators will release final rules on July 18, determining if OUSD can legally pay yield by 2027. The Battle for Reserve Yield…
Key Takeaways Vitalik Buterin’s Lean Ethereum roadmap, posted over the weekend, targets a 3-4 year rebuild with quantum resistance as a top priority. The plan swaps transaction re-execution for STARK-based proofs and aims for one- or two-round finality. A July 6 follow-up adds daily validator re-anonymization, while critics question the multi-year timeline. Looking to Forge…
Key Takeaways Strategy sold 3,588 bitcoins for $216 million between June 29 and July 5 to fund preferred stock dividends. The sale sparked a brief Monday dip to $61,246, liquidating $214 million in short bets across the crypto economy. Bulls eye a credit rating upgrade and S&P 500 inclusion as Strategy builds a $2.5 billion…
Key Takeaways On Monday, July 6, 2026, an attacker used a $65.4 million flash loan to steal $6 million from Summer Finance. The attack pushed total DeFi ecosystem losses past $840 million in 2026, keeping the space on high alert. Protocol guardians paused all Lazy Summer Protocol vaults while the core dev team completes a…
Key Takeaways Kalshi traded about $402M and Polymarket $57.7M on Mexico-England. England’s win probability swung sharply on Jarell Quansah’s 54th-minute red card before recovering. A separate $1M Nevada sportsbook bet on Mexico to advance was lost as England held on to win 3-2. How the market moved with the match Trading on the Mexico-England round-of-16…
Key Takeaways Strategy sold 3,588 BTC for $216 million on July 5, 2026, to fund dividends. Saylor confirmed payouts covered STRF, STRE, STRK, STRD and STRC preferred shares. Strategy holds 843,775 BTC and $2.55 billion in cash after the sale. The sale brings Strategy’s bitcoin reserve down to 843,775 BTC as of July 5, 2026….
Key Takeaways A Coinbase alert claimed Norway beat Brazil 3-2, with two Erling Haaland goals, before its July 5 kickoff. Brian Armstrong replied within hours, stating that he is “taking a look with the team.” The slip lands as New York recently sued Coinbase and World Cup prediction volumes have topped $3.9B. A Major Goof…
