Summary: Coins.ph faces BSP scrutiny over alleged ties to offshore gambling operators, impacting its operational license. With 18 million users, the exchange sees zero trading volume amid peso transfer restrictions and executive departures.
Summary: Sahil Arora launched a Floyd Mayweather meme coin on Fomo, peaking at $1 million before crashing 96%. Arora claims orchestration and seven-figure profits, but Bubblemaps data suggests significantly lower returns. This revival follows past accusations of scams and rug pulls against Arora.
Summary: Ledger suspended hardware wallet sales across seven Asian markets amid an investigation into implanted devices stealing recovery phrases. While over $86 million in thefts were traced, Ledger has not verified the total. MediaMarkt Saturn also paused German sales following a separate report.
Summary: Turkish authorities detained Hex founder Richard Heart in Istanbul under an Interpol Red Notice issued by Finland for aggravated tax fraud. The arrest follows the dismissal of a separate U.S. SEC lawsuit against Heart, which had alleged over $1 billion in unregistered crypto offerings.
Summary: Bitcoin dropped 1.5% to $82,142 after U.S. inflation hit 3.7%, doubling odds of an October Fed rate hike. Rising Treasury yields pressured crypto markets, triggering over $281 million in liquidations.
Summary: Ethereum researcher Justin Drake advocates for "bunker mode" to protect assets from potential AI-driven attacks on elliptic curve cryptography. Critics argue that migrating funds offers limited protection if extended public keys are exposed, warning that rushed actions increase scam risks and operational errors.
Summary: Bitcoin dropped below $82,000 after September US CPI hit 3.7%, beating expectations due to surging energy costs. Bond yields spiked near 24-year highs, raising odds of a Fed rate hike to 53.7% for October.
Summary: Bitcoin treasury firms shift from convertible bonds to perpetual preferred equity to avoid defaults. Mike Treidl of Blue Coin Capital explains how this structure enables deferred payments and creates a second Bitcoin-buying engine if preferreds return to par.
Summary: Author Natalie Brunell argues young people misdirect their anger at capitalism, blaming the wrong target. She describes the current financial system as "socialism for the banks" and presents Bitcoin as a necessary equalizer for a generation struggling with housing and wealth accumulation.
Summary: Coins.ph faces potential license revocation from the Bangko Sentral ng Pilipinas over alleged ties to offshore gambling firms. The exchange, controlling most peso-stablecoin liquidity, denies wrongdoing while deposit restrictions remain in place amid compliance staff departures.
Summary: Coins.ph, the Philippines' largest crypto exchange, faces potential license revocation from the central bank over alleged ties to offshore gambling firms. With 18 million users and controlling most peso-stablecoin liquidity, the firm claims operations continue safely despite recent deposit restrictions and compliance staff departures.
Summary: Coins.ph faces potential license revocation from the Philippine central bank for allegedly processing payments for offshore gambling enterprises after traditional e-wallet restrictions were enforced.
Summary: Coins.ph faces potential license loss after the Bangko Sentral ng Pilipinas imposed deposit restrictions due to alleged links to banned offshore gambling operators, following recent compliance staff departures.
Summary: North America's $3.02 trillion crypto economy remains dominant, with the U.S. leading agentic commerce and stablecoin exports while Canada grows via peer-to-peer remittances.
Summary: Strive Asset Management bought $280M in Bitcoin last week, outpacing Michael Saylor’s Strategy by 13x, while planning a $500M preferred stock raise to fund further accumulation.
Summary: Security expert Joe Grand warns that ordinary users cannot detect sophisticated hardware wallet tampering, following Ledger's confirmation of malicious implants in devices sold by an authorized Southeast Asian reseller.
Summary: Kraken parent Payward signs deal to buy Lithuanian-licensed Saldo Bank, aiming to expand traditional banking services across four EU markets pending 2027 regulatory approval.
Summary: Qivalis secured EMI authorization from the Dutch central bank, enabling it to issue a euro-denominated stablecoin under MiCA rules as it challenges US dollar dominance.
Summary: Canadian crypto remittances to India, China, and the Philippines jumped 141% to $2.36 billion, driven by stablecoin usage and high traditional transfer costs.
Summary: South Korea's FIU blocked 27 unregistered exchange sites including KuCoin and MEXC, shifting to immediate administrative enforcement without court orders.