In the third quarter (Q3 2022) of this year, Kaspersky researchers saw a sharp increase in crypto miner variants or an overall growth of over 230% compared to the same period last […]
Kaspersky reports spike in crypto miner variants in Q3 2022
PBSP taps PDAX to enable its crypto donation drive
Philippine Business for Social Progress (PBSP), a corporate-led NGO, has recently tapped the Philippine Digital Asset Exchange (PDAX) as its tech partner to enable its crypto donation drive through the exchange’s new […]
BlockchainSpace shares measures to ensure guilds resiliency
Web3 is introducing a new way of doing business and it has transformed into the form of guilds. As guilds scale, they begin to have a more significant role in the space […]
Moneybees’ customers can now buy, cash out crypto at Tambunting pawnshops
To make cryptocurrency transactions more accessible for Filipinos, Moneybees has partnered with the household pawnshop brand Tambunting to be one of its partner over-the-counter (OTC) outlets offering crypto buy and sell services. […]
Tetrix Link digitizes contact exchange in business networking
Tetrix Link harnesses near-field communication (NFC) technology present in mobile phones to enable users to conveniently share their information in just a single tap. Powered by Filipino-led blockchain Tetrix Network and Pitaka […]
UnionBank to offer buy and sell services of virtual assets on app
Union Bank of the Philippines (UnionBank) announced that it will soon offer virtual asset exchange services through its mobile banking app. This will make the bank the first universal bank in the […]
Moneybees partners with ACM to launch crypto exchange services
To cater to the increasing demand for over-the-counter transactions for cryptocurrency users in the Philippines, Moneybees has partnered with ACM Business Solution Inc. to roll out crypto buy and sell services through […]
Globe holds Web 3.0 media workshop
Network provider Globe recently held a Web 3.0 educational media workshop together with Virtusio International, a communications firm offering Web 3.0 services. The workshop was designed to equip media and content creators […]
Coins.ph partners with Globe to offer cryptocurrency rewards
Coins.ph, a fiat and crypto wallet services provider, has partnered with Globe Telecom Inc. in introducing a new offering for its loyalty program. Redeem Crypto will allow Globe prepaid and postpaid subscribers […]
XLD Finance raises $13 million to enable financial access through crypto
Dragonfly Capital and Infinity Ventures Crypto led the pre-Series A funding round of Web3 infrastructure startup XLD Finance, which raised $13 million. The funds will be used to enable XLD Finance to […]
Donate cryptocurrency to NGOs through PDAX’s new feature
Homegrown digital assent exchange platform PDAX unveiled its “Donate” service feature, which aims to enable non-profit organizations, charities, and foundations to start accepting donations in the form of cryptocurrencies. For the service, […]
Sophos uncovers liquidity mining cryptocrime
Scammers use direct or private messages to start a conversation on cryptocurrency that would eventually lead to lost investments. This is one of the findings of cybersecurity solutions firm Sophos in its […]
Blockchain firm Ripple invests $100 million to scale global carbon markets
Enterprise blockchain and crypto solutions Ripple will be investing $100 million in carbon markets, which is meant to accelerate carbon removal activity. The funding will also help modernize carbon markets through investments […]
Tetrix Network launches Pitaka crypto wallet
Tetrix Network brings onboard the new and improved crypto wallet Pitaka that allows users to store, manage, and exchange different cryptocurrencies and digital assets in one browser extension. Tetrix Network is a […]
Filipinos among highest number of crypto wallet owners globally — SHAREit
In its report “Digital 2022: Global Overview Report,” file-sharing app SHAREit saw that around 20% of internet users aged 16-64 years old in the Philippines own some form of cryptocurrency, which it […]
UnionBank enters Metaverse with the Ark of Dreams
Recognizing the explosive growth of blockchain, NFTs (non-fungible tokens), and cryptocurrency globally, Union Bank of the Philippines (UnionBank) has embarked on a journey to become the first Philippine bank in the Metaverse, […]
Joffre Capital completes acquisition of Coins.ph
Coins.ph, fiat and crypto wallet services provider, announced today it has finalized the acquisition by global technology buyout firm Joffre Capital and received the necessary regulatory approvals. The new shareholders and management […]
PayMaya now offers crypto on e-wallet app
Fintech firm PayMaya Philippines (PayMaya) launched its cryptocurrency (crypto) feature in the app, enabling users to buy and earn digital assets such as Bitcoin and Ethereum for as low as P1. PayMaya […]
Securing cryptocurrency investment in the Philippines
By Andrew Shikiar, executive director of the FIDO Alliance Digital currencies exploded in value during the COVID-19 pandemic. Thanks to the prolific rise in popularity of bitcoin, ether, and dogecoin, the cryptocurrency […]
PDAX introduces new prime service for crypto investors in PH
Digital asset exchange platform PDAX launches PAX Prime, a new exclusive service dedicated to Filipino crypto investors. This new move is part of the company’s effort to enable and empower crypto holders […]
ParaFi Capital leads ConsenSys’ $450-million Series D funding
Software company ConsenSys closes a $450-million financing round, bringing its valuation to $7 billion. ParaFi Capital led this raise after participating in ConsenSys’ Series C round in November 2021. Temasek, SoftBank Vision […]
Coins.ph enables Ethereum sidechain for affordable AXS, SLP deposits
Mobile financial services firm Coins.ph has integrated an Ethereum sidechain into its crypto platform. Launched February, users now experience faster transactions by using Ronin to deposit AXS and SLP into their Coins […]
RBTC token now available to Filipino crypto traders
Contract network RSK announces that RBTC, a wrapped token that allows users to spend bitcoin on the RSK mainnet and Ethereum blockchain, will now be available to Filipinos. According to a report […]
PDAX now offers Axie Infinity tokens with Ronin Network
Cryptocurrency exchange platform Philippine Digital Asset Exchange (PDAX) has made Axie currency SLP and AXS wallets compatible with Axie Infinity’s Ronin Network. Filipinos can now transfer their SLP or AXS to PDAX […]
Experts: Is the current crypto tumble a mirror of 2018?
The cryptocurrency market hit new highs in 2021 but 2022 appears to be sending both cryptocurrency and stock markets on a correction exercise. What does this signify for the blockchain industry’s prospects […]
Crypto exchange firm PDAX raises $50 million in Series B funding
Philippine-based startup Philippine Digital Asset Exchange (PDAX) just secured more than $50 million in funding led by Tiger Global. Tiger’s investment completes the company’s Series B round of funding, which began with […]
Filipino cryptocurrency exchange launches five new coins
PDAX (Philippine Digital Asset Exchange), a Philippines-based cryptocurrency exchange licensed by the Bangko Sentral ng Pilipinas, launches five new coins on its platform to meet demand from the local crypto community for […]
WadzPay token is now available on XinFin’s XDC network
WadzPay Token (WTK) is available on XinFin’s XDC Network as an XRC20 token marking the next step in a strategic technological collaboration between the two major players. The partnership enhancing WTK cross-chain […]
Crypto, NFT will continue to gain ground in 2022 — Huobi Research Institute
The spotlight on cryptocurrency has been gaining ground recently with industry leaders and traditional financial services institutions expressing interest. The latest research from Huobi Research Institute, a blockchain application research team, found […]
UnionBank partners with IBM, METACO for digital assets custody operations
Union Bank of the Philippines (UnionBank) announced that it will be implementing its digital asset management in partnership with METACO, a security-critical software and infrastructure and IBM Cloud. The Aboitiz-led UnionBank has […]
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