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BSP to launch digital currency experiment in Q4

Warren De Guzman, ABS-CBN News
Posted at May 20 02:37 PM

Bangko Sentral ng Pilipinas Governor Benjamin Diokno on Friday said the experiment on wholesale central bank digital currency (CBDC) would begin in the fourth quarter. Read more »

Bitcoin falls below $30,000, lowest since July 2021

Agence France-Presse
Posted at May 10 01:12 PM

Bitcoin slumped below $30,000 for the first time since July 2021 on Tuesday as cryptocurrencies track sinking markets. Read more »

2 South Koreans arrested for spying for North

Agence France-Presse
Posted at Apr 29 03:32 PM

Two South Koreans have been arrested on charges of stealing military secrets for a suspected North Korean agent who paid them in cryptocurrency. Read more »

N.Korea-tied hackers executed $620 mn crypto heist: FBI

Agence France-Presse
Posted at Apr 15 08:44 AM

North Korean-tied hackers were responsible for a $620-million cryptocurrency heist last month targeting players of the popular Axie Infinity game. Read more »

Voyager raises $210 million for PayMaya, Maya Bank

ABS-CBN News
Posted at Apr 12 09:30 AM

PLDT Inc said Voyager Innovations raised $210 million in new funds, which will be used to expand PayMaya and to launch the new digital bank Maya Bank. Read more »

Meta virtual money moves could include 'Zuck Bucks'

Agence France-Presse
Posted at Apr 07 12:14 PM

Facebook's parent company Meta is exploring the potential of digital money referred to internally as 'Zuck Bucks', the Financial Times reported. Read more »

Axie creator raises $150-M to reimburse cyberheist victims

ABS-CBN News
Posted at Apr 06 09:21 PM

The $150 million fund raising was led by Binance, one of the world’s largest cryptocurrency exchanges, Sky Mavis said. Read more »

Want Bitcoin? PayMaya says rolling out crypto feature

ABS-CBN News
Posted at Apr 06 04:58 PM

PayMaya users can now buy and earn from digital assets after the platform announced it is rolling out its cryptocurrency feature, it said Wednesday. Read more »

Ronin cites 'external breach' in $615-M heist

Warren De Guzman, ABS-CBN News
Posted at Apr 01 05:26 PM

Bockchain project Ronin cited an 'external breach' in its investigation of a cyber heist that compromised $615 million in virtual assets. Read more »

Ronin's $615 million crypto heist

Tom Wilson and Elizabeth Howcroft, Reuters
Posted at Mar 31 08:29 AM

Hackers have stolen cryptocurrency worth almost $615 million from a blockchain project linked to the popular online game Axie Infinity, the latest cyberheist to hit the digital asset sector. Read more »

Axie users can’t withdraw assets as cyberheist probed

Warren de Guzman, ABS-CBN News
Posted at Mar 30 06:59 PM

Nix Eniego, Axie Infinity Philippines lead, said the company is working to ensure that no users’ funds are lost. Read more »

Blockchain project behind Axie Infinity hit by $615-M crypto heist

Tom Wilson and Elizabeth Howcroft, Reuters
Updated as of Mar 30 12:58 PM

Blockchain project Ronin said hackers stole cryptocurrency now worth almost $615 million, in what would be one of the largest cryptocurrency heists. Read more »

Bitcoin holds ground after touching highest this year

Tom Wilson and Elizabeth Howcroft, Reuters
Posted at Mar 30 08:46 AM

Bitcoin held ground just below its highest this year, touched a day earlier, with gains for the original cryptocurrency topping 27 percent since Russia's invasion of Ukraine. Read more »

Buoyant bitcoin helps market cruise past $2 trillion

Medha Singh and Lisa Pauline Mattackal, Reuters
Posted at Mar 29 02:10 PM

The cryptocurrency market has pushed through the $2 trillion barrier and is proving surprisingly resilient amid global chaos. Read more »

GrabPay dabbles in crypto, QR code interoperability

Jessica Fenol, ABS-CBN News
Updated as of Mar 24 04:02 PM

Grab Philippines said it would make its QR code more interoperable this year to support the central bank's push for a cash-lite economy. Read more »

Bitcoin climbs to highest in almost three weeks

Reuters
Posted at Mar 23 08:36 AM

Bitcoin climbed on Tuesday to its highest in almost three weeks, adding to its gains since Russia's invasion of Ukraine, pulling up smaller digital coins such as ether. Read more »

Cryptocurrencies' role in the Ukraine-Russia war

Stephan Roth, Agence France-Presse
Updated as of Mar 20 11:54 AM

Cryptocurrencies have taken on an unprecedented role in the war in Ukraine, helping the government raise millions of dollars to fund its fight against Russia. Read more »

Be ready to lose all your money in crypto, EU regulators warn

Reuters
Posted at Mar 17 06:27 PM

Consumers risk losing all their money invested in cryptoassets and could fall prey to scams, the European Union's securities, banking and insurance watchdogs said in a joint statement on Thursday. Read more »

Dubai grants crypto exchange Binance a virtual asset licence

Reuters
Posted at Mar 17 09:11 AM

The world's largest cryptocurrency exchange Binance has been granted a licence to conduct some operations in Dubai, the company said, from where it plans to carry out regional business. Read more »

AcadArena relaunching scholarship for gaming

ABS-CBN News
Posted at Mar 10 08:17 PM

Campus gaming organization AcadArena will relaunch its scholarship program for gamers and cryptocurrency enthusiasts. Read more »