NEWS
Philippine bank BPI plans stablecoin payments pilot
The Philippine bank is preparing a stablecoin settlement pilot intended to speed up and reduce the cost of overseas payments to Filipino remote workers. Source…
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Crypto exchange BitMEX sued for 623 bitcoin as it prepares to shut down
BitMEX, the crypto derivatives exchange that invented the perpetual swap, faces a proposed class action suit alleging theft of bitcoin BTC$64,069.92 and insider trading filed…
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Bitcoin Profitability Boost In Doubt As Metric Stays Below Key Breakeven Line
Bitcoin (BTC) investors are back in aggregate profit, but onchain data suggests it’s too early to confirm a new bull market. Key points: Bitcoin supply…
NEWS
Polymarket Account in Farage Backer’s Name Took $9M in Crypto From Unknown Sources: FT
In brief The Financial Times reported that a Polymarket account in the name of George Cottrell—a convicted fraudster who has bankrolled Nigel Farage—took in $8.8…
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South Korea’s Korbit to rebrand as Digital X under Mirae: Report
Mirae Asset reportedly plans to use the South Korean crypto exchange as a hub for tokenized assets, stablecoins and digital finance. Source link
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Ripple Launches Mint for Institutional RLUSD Access
Ripple, a blockchain-focused fintech company, has launched Ripple Mint, a platform that gives institutions new ways to access, mint, redeem and manage its US dollar-pegged…
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Bitcoin Miner Poolin Files for Chapter 11 Bankruptcy
Singapore-based Bitcoin mining pool Poolin and two of its US affiliates filed for Chapter 11 bankruptcy in a New Jersey court on Wednesday. Poolin’s court…
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EU Widens Belarus Crypto Ownership Ban Under MiCA
The European Union will prohibit Belarusian nationals and residents from owning, controlling or managing crypto exchanges and other crypto service providers regulated under the Markets…
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Live updates: Dogecoin and ether lead pullback as investors digest tech earnings
Dogecoin dropped 4.5% and ether 2.5%, leading a broad but shallow retreat across the majors, though most remain higher on the week ahead of next…
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Bitcoin ETFs snap seven-day inflow streak with $225M in outflows
After attracting nearly $1 billion over seven trading sessions, US-listed spot Bitcoin ETFs recorded their first daily net outflow since July 13. Source link
