Crypto News

Philippines Issues Stricter Crypto Listing Rules, Bans Privacy Coins - Philippines Issues Stricter Crypto Listing Rules, Bans Privacy Coins Last June, the SEC enacted Memorandum Circular No. 5, forcing crypto-asset service providers (CASPs) to register locally, hold $1.8 million (₱100 million) in paid-up capital, store customer data within the country, and report to both the SEC and the Anti-Money Laundering Council. By August, the commission had cut off access to 10 offshore platforms, including OKX, Bybit, Kraken, and KuCoin. Luis Buenaventura, President at the Blockchain Council of the Philippines, previously told Decrypt the SEC's rules created "a competitive advantage for licensed players," and maintained the broader crackdown...

Fox to buy streaming pioneer Roku in a $22 billion deal - Fox to buy streaming pioneer Roku in a $22 billion deal In a landmark transaction that is set to reshape the streaming landscape, Fox Corporation has announced its intention to acquire Roku, the pioneering streaming platform, for $22 billion. This acquisition underscores the increasing importance of digital media and the evolution of entertainment consumption patterns. Fox Corp, known for its traditional broadcast and cable networks, has been pivoting towards digital media to capture a larger share of the streaming market. The acquisition of Roku represents a significant move in their strategy to expand their digital footprint and leverage Roku's technology and subscriber...

US, Iran agree to ceasefire, sending stock futures higher and oil lower - US, Iran agree to ceasefire, sending stock futures higher and oil lower Iranian semi-official news agency Fars said Sunday that marine traffic through the Gulf region would be regulated by Iran in coordination with Omani authorities, per Reuters. Such a move would threaten the integrity of a deal between Washington and Tehran, as Trump has said the reopening of the waterway is a cornerstone requirement of any agreement. It's also unclear how long it would take for gas prices to return to below $3 per gallon, as they had been before the war began, after running up amid the largest energy supply shock on record. In a post on X, GasBuddy analyst Patrick De Haan...

Japan Three Biggest Banks Unite to Launch Yen Crypto Stablecoin by March 2027 - The FSA subsequently classified it under the same regulated payment services framework as PayPay and Rakuten Pay in April 2026, a signal of how mainstream the product has become. SBI Holdings and Startale Group followed in February 2026 with JPYSC, a trust bank-backed yen stablecoin issued by SBI Shinsei Trust Bank and targeting institutional and cross-border use cases. The Japan Blockchain Foundation announced EJPY in May 2026, to be issued on Japan Open Chain and Ethereum. On the dollar side, major financial institutions are racing to establish bank-issued crypto footholds, USDC became the first dollar-pegged stablecoin approved in Japan in March...

Mag 7? MANGOS? SpaceX forces name rethink on Wall Street's tech-stock moniker - FANG covered Facebook, Amazon, Netflix, and Google. FAANG added Apple, and Magnificent Seven dropped ‌Netflix while adding Microsoft, Nvidia, and Tesla, each shift reflecting ‌changes at the top of the ‌market. "It's been Mag 7 for several years now. Maybe the markets are excited for something new," said Dustin Thackeray, chief investment officer at Crewe Advisors. To be sure, not everyone expects the old label to ride off into the sunset. "The Magnificent Seven label ‌is not going away," said Dave Mazza, CEO ‌of Roundhill Investments. "It is too embedded in how investors and the media view large-cap tech leadership. What you will ‌likely see is...

Forget Revolut, Neobanks are Bitcoins Next Big Move - "Forget Revolut, Neobanks are Bitcoins Next Big Move" Blockrise offers services such as payments and asset management, and allows users to withdraw their Bitcoin at any time. It earns from access and execution rather than holding clients' assets. Lazet highlights Bitcoin-backed loans as a key priority, enabling users to borrow against their BTC without selling, and they are collaborating with lending partner Arkade to develop these products. Blockrise Is Already Walking the Walk: Europe's First bunq BaaS Deal The bunq partnership is where the thesis meets the product. Blockrise has launched Euro IBAN bank accounts for its users, powered by bunq's Banking-as-a-Service...

Sam Bankman-Fried loses bid to overturn crypto fraud conviction - Sam Bankman-Fried loses bid to overturn crypto fraud conviction Before FTX collapsed, Bankman-Fried was a rising star in the rough-and-tumble crypto industry who burnished his reputation with lavish philanthropic and political donations. At his March 2024 sentencing hearing, Kaplan said Bankman-Fried knew his actions were wrong but "made a very bad bet about the likelihood of getting caught." Three of Bankman-Fried's former deputies pleaded guilty over their involvement in the case and testified against their onetime boss at his trial. Bankman-Fried is being held at a low-security federal prison near Santa Barbara, California. He is eligible for release in 2044...

Hut 8 names former Merrill Lynch CEO E. Stanley O’Neal board chair - Hut 8 names former Merrill Lynch CEO E. Stanley O’Neal board chair Hut 8 Mining Corp., one of North America’s largest innovation-focused digital asset mining pioneers, has announced that E. Stanley O’Neal, former Merrill Lynch CEO, has been named chair of its board of directors. O’Neal possesses a storied career highlighted by executive leadership roles at the highest levels of the financial sector. O’Neal’s distinguished history includes an impressive tenure at Merrill Lynch, where he served as CEO from 2002 to 2007. He is credited with streamlining the company’s operations and increasing its net wealth management assets significantly during his leadership. Hut...

Why SWIFT's Blockchain Push Is a Win for Ripple but Not Yet for XRP - Why SWIFT's Blockchain Push Is a Win for Ripple but Not Yet for XRP The overlap is striking within SWIFT’s new retail framework: at least 30 of the 50-plus participating banks already have ties to Ripple’s ecosystem, and around 40% of those Ripple-connected banks use On-Demand Liquidity, which requires XRP as a bridge asset. They are building on both tracks rather than choosing one. Why XRP Does Not Automatically Benefit SWIFT’s ledger is deliberately neutral and deposit-based, allowing it to move value without touching XRP. SWIFT has positioned itself as an interoperability layer for more than 11,000 institutions and has avoided issuing its own asset or...

Bored Ape Maker Yuga Labs Rescues Dozens of Ethereum NFTs From Exploit - Bored Ape Maker Yuga Labs Rescues Dozens of Ethereum NFTs From Exploit Yuga Labs, the team behind the Bored Ape Yacht Club, took swift action to rescue NFTs from a compromised wallet. The incident occurred when over 30 Ethereum-based NFTs were at risk after a security breach was identified. The NFTs were transferred to a secure wallet by Yuga Labs, effectively preventing any potential loss or unauthorized transactions. The NFTs involved in the incident were reportedly Bored Apes and other valuable assets linked to the Ethereum blockchain. This event underscores the importance of security within the rapidly evolving NFT space. Yuga Labs' quick response...

Bitcoin ETF News: BTC ETFs Just Bled $4.4B, So Why Is Wall Street Already Buying Back In? - Bitcoin ETF News: BTC ETFs Just Bled $4.4B, So Why Is Wall Street Already Buying Back In? The data supports that read. While Bitcoin bled, other corners of institutional crypto saw fresh money arrive. XRP ETF products recorded approximately $120 million in net inflows between early May and early June, as investors rotated into assets with more idiosyncratic near-term narratives. Solana-focused products drew consistent inflows with zero outflow days during the same window. The Hyperliquid ETF category, including Grayscale’s HYPG filing and competing products, pulled in roughly $160 million within weeks of launching, making it one of the only...

Justin Sun’s HTX Delists Trump-Backed USD1 Crypto Stablecoin After Address Freeze - The UK sanctions context requires precise framing. On May 26, 2026, the UK government designated Huobi Global S.A., citing "reasonable grounds to suspect" the entity had supported Russia's government through financial services, language that reflects the UK's standard evidentiary threshold for asset-freezing designations rather than a finding of proven conduct. HTX has disputed the applicability of this designation to its operating exchange, stating that Huobi Global S.A. is "distinct from the online HTX exchange" and that the UK action should carry no operational consequence for the platform. It is necessary to flag the epistemic status of one...

Your guide to managing crypto volatility with dollar-cost averaging - Your guide to managing crypto volatility with dollar-cost averaging Cryptocurrency is a volatile business in which even hourly price fluctuations can evoke fear or even panic among token investors. Though some volatility is ideal for short-term gains, for other investors it represents uneasiness. Remaining patient, maintaining proper portfolio diversification, and adhering to their investing strategy can help investors weather the volatility. As part of an investment strategy, dollar-cost averaging aims to smooth volatility by investing a set amount on a regular schedule. What is dollar-cost averaging? Essentially, it’s about investing the same amount of money...

Bitcoin ‘Death Spiral’ May Spark Its Worst Decline Ever, Warns Peter Schiff - Bitcoin ‘Death Spiral’ May Spark Its Worst Decline Ever, Warns Peter Schiff Schiff claimed that crypto, artificial intelligence companies, and other high-growth investments are all competing for the same pool of investor capital. The Majority Says Schiff Will Never Be Proven Right Following the video, Schiff posted a poll on X asking followers how far Bitcoin would need to fall before investors admitted he had been right about the crypto. More than 16,000 users participated in the poll. The largest share of respondents, 59%, selected “$0,” indicating they would not concede Schiff was right unless Bitcoin became entirely worthless. Schiff responded to...

Bitcoin rebounds as analyst says token 'may offer some diversification' in AI-driven market - Bitcoin rebounds as analyst says token 'may offer some diversification' in AI-driven market Bitcoin, the largest cryptocurrency by market capitalization, has recently seen a rebound. Analysts are suggesting that the token might offer some diversification in the AI-driven market. This comes after a period of slow movement and uncertainty within the crypto space. Bitcoin's status as a "store of value" has been a topic of discussion among investors, especially in comparison to traditional assets like gold. As AI technology continues to evolve, financial analysts are examining how cryptocurrencies like Bitcoin can fit into this shifting...

Bitcoin Steadies After $60,000 Breach as Saylor Adds to Hoard - Bitcoin Steadies After $60,000 Breach as Saylor Adds to Hoard The token’s decline has been fueled by a combination of investors pulling money from Bitcoin-tied exchange-traded funds, renewed geopolitical tensions, and growing concerns about the durability of Strategy and other digital-asset treasuries, one of the market’s most important sources of demand. “Sentiment is incredibly shaky,” said Pratik Kala, a portfolio manager at digital-asset hedge fund Apollo Crypto, adding that much will depend on Strategy’s long-term plan. This article has been published in bloomberg.com via Yahoo News...

Strategy CEO Sells $11M in MSTR Shares the Same Week Bitcoin Tested $60,000 - The amount was negligible relative to the company’s 843,706 BTC position, but what it represented was not. It ended a four-year no-sell commitment that had been central to Strategy’s entire investment identity, and it confirmed that the company’s preferred dividend obligations, running between $750 million and $800 million annually across five series of preferred stock, are now shaping Bitcoin treasury decisions in ways that Saylor’s public messaging had never suggested they would. With Strategy’s cash reserves down from $2.25 billion to $900 million since January, and STRC trading below its $100 par value, the structural pressure on the company is real and...

Oil prices rise as Iran and Israel trade strikes in defiance of Trump - Oil Prices Rise as Iran and Israel Trade Strikes Bond yields jumped after a report showed the US added a surprising 172,000 jobs in May, according to the Labour Department. It is the latest report showing that employment remains solid, despite the squeeze inflation is putting on businesses and consumers. The yield on the 10-year Treasury rose to 4.54% from 4.50% just before the report was released. The yield on the 2-year Treasury, which more closely tracks the Fed’s actions, jumped to 4.16% from 4.04% just prior to the report. The Fed has been holding interest rates steady as it tries to gauge the ongoing impact from rising inflation. Prices were already...

Patrick Bet-David Show’s Adam Sosnick Compares His Bitcoin 'Dry Powder' To The Tesla Cash That Built SpaceX - Patrick Bet-David Show’s Adam Sosnick Compares His Bitcoin 'Dry Powder' To The Tesla Cash That Built SpaceX Bet-David is an entrepreneur and media personality who founded the business-education platform Valuetainment and hosts the PBD Podcast, after building the financial-services firm PHP Agency. This article has been published in stocktwits.com via Yahoo News. https://finance.yahoo.com/markets/crypto/articles/patrick-bet-david-show-adam-115800173.html

Zcash Bug Crisis Shows Privacy Cuts Both Ways, Experts Say - Zcash Bug Crisis Shows Privacy Cuts Both Ways, Experts Say Beyond Zcash, the vulnerability that Shielded Labs said was identified using Anthropic's recently released Claude Opus 4.8 model carries implications that are “a little bit concerning,” Carlos Guzman, vice president of research at crypto trading firm GSR, told Decrypt. Whether or not artificial intelligence will benefit bad actors or organizations that strengthen protocols more remains an open question, but complex cryptography is becoming less of a barrier to detecting critical flaws, Guzman said. “There aren’t many experts that are familiar with these circuits, so they are kind of hard to hack,” Guzman added...