Recovered from the SITE123 blog, Aug 2026. Imported as drafts for review.
The central bank of the Philippines is initiating controlled trials for a national stablecoin tied directly to the local currency. This stablecoin, known as PHPC, will be tested in collaboration with Coins.ph, a crypto wallet provider, under the supervision of the Bangko Sentral ng Pilipinas (BSP) Regulatory Sandbox Framework. The trials aim to evaluate PHPC’s … Read more
The landscape surrounding blockchain technology and the crypto industry has undergone a notable transformation, particularly in gaining acceptance among major financial institutions. This marks a significant departure from the skepticism voiced by trillion-dollar asset management firms just a few years ago, when the industry was often branded as a breeding ground for fraud. However, in … Read more
Russian energy companies are reportedly gearing up to crack down on private cryptocurrency miners and individuals mining cryptoassets at home, as per a report on May 12 by the media outlet Izvestia. The Russian Government Expert Council is said to be drafting new proposals related to mining, which will be submitted to the Cabinet. These … Read more
Bitcoin (BTC) traders have encountered a relatively challenging period following the straightforward rallies that characterized the market since last October. Meanwhile, Ethereum (ETH) has experienced a more intricate journey. However, BTC’s halving event last month has altered market dynamics, leading to choppy and ranging formations across the market. Investors are expecting strong returns in the … Read more
North Korean hackers have reportedly unleashed a new malware variant called “Durian” to target South Korean cryptocurrency firms, according to a threat report by cybersecurity firm Kaspersky on May 9. The Kimsuky hacking group, believed to be behind the attacks, utilized Durian in a series of targeted assaults on at least two crypto companies. They … Read more
El Salvador, known for being the first country to adopt Bitcoin (BTC) as legal tender, has taken a notable step in its cryptocurrency investment approach. The government has opened up access to Bitcoin investment information through a customized mempool. According to the most recent data from the mempool, El Salvador’s holdings stand at 5,748.76 BTC, … Read more
The upcoming week promises a flurry of economic data releases, including crucial inflation figures, which could potentially influence crypto markets. Despite a weekend of relatively stable prices following a dip last week, overall crypto market capitalization stands at $2.38 trillion. This week’s economic calendar suggests the possibility of increased market volatility, with the focus on … Read more
BounceBit, a protocol for restaking Bitcoin (BTC), has officially unveiled its mainnet today at 02:30 UTC. Following this milestone, the company will commence its BB token airdrop from 08:30 to 10:00 UTC. Moreover, the highly awaited listing of BB tokens on cryptocurrency platforms KuCoin and Gate.io is poised to enhance its market reach. Trading for … Read more
The Notcoin (NOT) team has revealed plans for an upcoming distribution of a new native cryptocurrency exclusive to the 35 million Notcoin token holders. On May 16, Notcoin Distribution Will Launch, Increasing Demand and Making Use of TON Blockchain Commencing on May 16, the distribution of Notcoin will allot roughly 5% of its entire supply … Read more
Bitcoin’s price initiated a new downtrend after encountering resistance around the $62,000 zone. BTC is currently on a decline and faces the possibility of further losses below the $60,000 mark. Breakdown in Bitcoin Price Signals The price of bitcoin began to rise after finding support at $60,250. Bitcoin was managed to bounce back above the … Read more