Key Takeaways SpaceX completed the Cursor merger at a $60 billion equity value. Cursor shareholders gained rights to 389.3 million SpaceX shares. The deal expands a partnership built around large-scale AI compute. SpaceX Closes $60 Billion Cursor Acquisition Space Exploration Technologies Corp. (Nasdaq: SPCX) completed its acquisition of Cursor on Aug. 14, making the AI
Key Takeaways Bitcoin’s hashrate sits roughly 17% below its all-time high. Hut 8’s contracted AI infrastructure portfolio alone has reached $26.6 billion. CoinShares projects AI and HPC work could supply 70% of listed miners’ revenue by the end of 2026. Hashrate Pulls Back From Record Highs Bitcoin’s network hashrate, the combined computing power securing the
The Testnet is now live and serves as the first phase of public testing before RealFi’s mainnet launch later this year. Participants can explore the full flow, from holding USDr to staking into sUSDr, and provide feedback that will help shape the mainnet release. USDr is designed as a liquid, stability-focused dollar test token. Users
Key Takeaways MSCI’s proposal could delete Strategy and Metaplanet from its Global Investable Market Indexes as soon as November 2026. A simulation shows Strategy fails at least four of five financial screens, the threshold for exclusion. The consultation stays open through September 30, with a final methodology due October 16. A New Screen Targets Bitcoin
Key Takeaways The SEC’s tokenization innovation exemption has been “further delayed,” per reports. The holdup is linked to Section 10505 of the CLARITY Act, which governs how tokenized securities are regulated. The SEC separately postponed a Friday vote on crypto startup exemptions, citing a scheduling issue. Another Delay for the Innovation Exemption The SEC’s tokenization
Key Takeaways AI claimed 80% of Q1 2026 venture funds, draining crypto liquidity and holding Bitcoin prices near $60K. Analyst Arthur Hayes noted that the AI sector is soaking up market cash, limiting fresh crypto investments. ParaFi’s Jeff Park predicts AI wealth will flow to bitcoin if the bubble bursts, but critics fear a crash.
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Investing in physical gold has long been a go-to strategy for preserving wealth, but holding the actual metal comes with significant hurdles: security vaults, expensive minimum purchases, and cumbersome authenticity checks. That friction may soon
Key Takeaways Walter Castanedo found $10,000 in a Toledo basement on Dec. 31, 2024. BLS data puts the 1981 stash at $36,276 in 2024, showing cash’s inflation hit. Castanedo split $10,000 50/50 with Andrew Aranyosi and will renovate the home. Walter Castanedo paid $1,000 for a rundown three-bedroom, one-bath house at 220 Paine Avenue in
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. For over a decade, the single biggest question hanging over the $180 billion crypto market was whether Tether actually possessed the assets backing every USDT in circulation. Traders, remittance senders, and web3 users were routinely
Key Takeaways Vetted U.S. companies could execute federally supervised cyber missions. Crypto-related complaints involved $11.37 billion in reported losses. Officials must establish operating procedures within 60 days. How the New Cyber Program Takes Shape Foreign cybercrime networks could face a U.S. disruption program, President Donald J. Trump announced Aug. 12 in a National Security Presidential