“`html Trusted Editorial material, evaluated by prominent industry specialists and experienced editors. Ad Disclosure Ripple CTO David Schwartz has entered a spirited discussion after Custodia Bank CEO Caitlin Long denounced Ripple, the XRP Ledger (XRPL), and its stablecoin RLUSD in a podcast excerpt disseminated on X. Long challenged XRP’s decentralization, compared Ripple’s early financing method to an ICO, and contended the blockchain has not met its acceptance objectives among banks and other organizations. Her comments prompted immediate pushback from XRP community member Vet, who contested her assertions, leading Schwartz to propose a direct, fact-driven dialogue with Long. Caitlin Long Critiques…
Autore: wsjcrypto
“`html THE PHILIPPINES’ 50 wealthiest magnates augmented their total assets by 6% to surpass $86 billion (approximately P4.92 trillion) this year, with almost half of those featured on the list now more affluent than a year ago, as per Forbes Asia. “Fueled by local demand and an increase in infrastructure spending, the Philippine economy grew by 5.4% in the initial quarter of 2025, although US tariffs posed a challenge. The nation’s main stock market index fell by 7% since fortunes were previously evaluated, although this decline was somewhat counterbalanced by a stronger peso,” Forbes Asia mentioned in a statement. The…
In recent weeks, the altcoins’ season (commonly known as altseason) appears to be the dominant theme within the digital asset market, dominating nearly all discussions among the crypto community. This theme feels increasingly genuine due to the impressive performances of leading altcoins, ETH and XRP, in the last few weeks. Ethereum, often referred to as the “monarch of altcoins,” has experienced a noteworthy surge over the past couple of months, regaining the $4,000 benchmark for the first instance since December 2024. Concurrently, the value of XRP has risen above $3, escalating by over 10% during the previous week. Nonetheless, the…
“`html Regulated Bitcoin (BTC) investment banks are arriving in El Salvador, following the approval of El Salvador’s Investment Banking Law on Thursday, which categorizes investment banks under distinct regulations compared to commercial banks.Investment banks will now be permitted to retain BTC and other digital assets on their balance sheets, as well as provide crypto services to “sophisticated” investors, akin to accredited investors in the United States, Juan Carlos Reyes, head of El Salvador’s Commission of Digital Assets (CNAD), the government’s crypto regulatory organization, informed Cointelegraph. He further stated:“The new Investment Banking Law permits private investment banks to function in legal…
“`html BitMEX co-founder and Bitcoin magnate Arthur Hayes has reentered Ethereum just a week following the sale of a substantial portion.Onchain data indicates that Hayes liquidated 2,373 Ether (ETH), valued at approximately $8.32 million at that time, when the token was trading close to $3,507. The transaction, which took place about a week ago, secured gains prior to Ether’s recent surge.In a turnaround, the crypto analyst transferred $10.5 million in USDC (USDC) through several transactions on Saturday, with the stablecoins aimed at acquiring ETH at prices exceeding $4,150, considerably higher than his previous exit point.“Had to repurchase everything, will you…
Provider of renewable energy solutions, SN Aboitiz Power Group (SNAP) secured the Community Impact Award during the 2025 Nordic Chamber of Commerce (NordCham) Business Awards, which took place on Aug. 6 at the BDO Tower Valero in Makati. This accolade is among the categories presented at the annual 2025 NordCham Awards. It acknowledges organizations that foster inclusive development via social impact, community involvement, social innovation, and incorporating sustainability into their fundamental operations. SNAP distinguished itself among this year’s contenders in this category through its commitment to volunteerism, sustainable progress, and the enhancement of its host communities. “SNAP is convinced that…
“…we’re certainly going to be the cryptocurrency hub of the globe for regulated ETF funds, [but] are we committed to making America the cryptocurrency hub of the globe for peer-to-peer transactions and personal freedom? We ought to be.” -Peter Van Valkenburgh Following Tornado Cash co-founder Roman Storm being convicted of conspiracy to run an unlicensed money transmitting business and the Samourai Wallet developers accepting a plea agreement, Peter Van Valkenburgh expresses concern that the United States might not achieve its status as the cryptocurrency hub of the globe — at least regarding transactional privacy and peer-to-peer rights. During my conversation…
“`html The globe’s largest asset manager, BlackRock, ought not to be permitted to introduce a Solana exchange-traded fund (ETF) concurrently with the US-based entities that have already submitted applications, asserts ETF analyst James Seyffart.“That’s improper,” Seyffart stated to ETF analyst Nate Geraci in a video released on YouTube on Saturday, contemplating a hypothetical situation where BlackRock — without any filing as of yet — enters at the last moment with a spot Solana (SOL) ETF and launches alongside firms that applied months prior.The smaller entities invested significant effort, Seyffart expresses“That shouldn’t take place,” Seyffart remarked. “These smaller issuers, these individuals…
“`html Reliable Editorial material, evaluated by prominent industry authorities and experienced editors. Ad Disclosure The Ethereum Foundation (EF) has committed to contribute up to $500,000 to Tornado Cash’s co-founder, Roman Storm, to aid in his ongoing legal defense. This comes after the recent trial outcome that deemed Storm guilty of one of three accusations. Ethereum Foundation Aids Tornado Cash’s Co-Founder On Thursday, the Free Pertsev and Storm fundraising initiative unveiled that the Ethereum Foundation will match contributions up to $500,000 to assist the Tornado Cash co-founder’s legal defense in light of this week’s judgment. In a post on X, the…
Production output in manufacturing declined to a three-month low in June, influenced by reductions in the output of fundamental metals alongside coke and refined petroleum products, according to a report by the Philippine Statistics Authority (PSA). Initial findings from the PSA’s recent Monthly Integrated Survey of Selected Industries (MISSI) indicated that factory production, quantified by the volume of production index, diminished by 2.2% year-on-year in June. The June figure was a deceleration from the adjusted 3.4% in May and the 3.8% in June of the previous year. It also marked the slowest progression in three months or since the 0.8%…