Joseph Rees
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A16z-Linked Wallet Pulls 25,560 ETH Worth $42.6 Million Off Binance, Onchain Data Shows
Key Takeaways A wallet tied to a16z withdrew 25,560 ETH (about $42.62 million) from Binance, per Lookonchain. The withdrawal points to possible accumulation as ether
Japan’s SBI Group Flips the Stablecoin Script With $63M-Backed JPYSC Launch
Key Takeaways SBI Shinsei Trust Bank issued JPYSC on June 24, 2026, as Japan’s first Type III trust-backed yen stablecoin. JPYSC carries no transaction caps
Musk’s SpaceX Raises $25 Billion in Debut Bond Sale as Orders Near $90 Billion
Key Takeaways SpaceX raised $25 billion in its debut bond sale, with orders nearing $90 billion. Heavy demand let SpaceX upsize the deal $5 billion
Global AML Watchdog FATF is Updating Its Rules for DeFi and Virtual Assets
The Financial Action Task Force (FATF) approved a new targeted update on international virtual asset standards and a separate report on decentralized finance (DeFi) regulatory
US House Sends Fed CBDC Ban to Trump’s Desk as Housing Bill Clears Congress
Key Takeaways The US House cleared the housing package this week, sending a Fed CBDC ban running through Dec. 31, 2030 to President Trump. The
Meta Reportedly Developing Prediction Markets App Codenamed ‘Arena’
Meta Chief Executive Mark Zuckerberg has directed a team to develop an experimental prediction markets smartphone app internally called “Arena,” according to a report by
She Won $71.5 Million, Then a Rule Change Froze Her Lottery Payout
Key Takeaways Jackpocket ticket won $71.5M on Feb. 17, 2025, but Texas Lottery froze the payout. Texas Rangers probe may reshape courier-app rules affecting DraftKings
HSBC Expands Orion Network to UAE, Enabling Real-Time Dirham Liquidity Flows
Key Takeaways HSBC launched its tokenized deposit service in the UAE, adding the dirham to a 24/7 blockchain cash network. The rollout expands HSBC Orion’s
Cboe Launches Prediction Markets With Yes-or-No S&P 500 Index Contracts
Key Takeaways Cboe launched XSP binary options via Interactive Brokers, entering retail-focused prediction-style derivatives. Contracts offer fixed $100 or $0 payouts based on index settlement,
XRP Withdrawal Activity Reaches Highest Level Since June 2024 on Binance
Key Takeaways Withdrawals made up 53.8% of Binance XRP transaction activity, while Coinbase also showed a deeper negative net transaction reading. Deposit activity fell to