News

Japan's 'cryptocurrency evangelist' relaxes by going offline

Jan Yumul, ABS-CBN News
Posted at Apr 26 07:22 PM

He may be a staunch advocate of all things digital, but Japan's "cryptocurrency evangelist" Tadashi Izumi says that when it comes to relaxing, he prefers being offline.  Read more »

SEC to hold meetings with cryptocurrency, blockchain stakeholders

ABS-CBN News
Posted at Apr 24 01:50 AM

Securities and Exchange Commission (SEC) officials plan to meet with stakeholders to help craft new rules on cryptocurrencies in the country. Read more »

Cryptocurrency scams now rampant says SEC

Warren De Guzman, ABS-CBN News
Posted at Apr 18 06:14 PM

The Securities and Exchange Commission on Wednesday warned that internet-based bitcoin and cryptocurrency ponzi schemes are now running rampant. Read more »

New York investigates cryptocurrency trading exchanges

Agence France-Presse
Posted at Apr 18 04:44 AM

New York state authorities on Tuesday said they have launched a probe into platforms that trade cryptocurrencies like bitcoin, including potential fraud and conflicts of interest. Read more »

Angal ng naaresto sa bitcoin scam: Abduction iyon, hindi huli

ABS-CBN News
Posted at Apr 13 10:18 PM

Giit ng umano'y bitcoin scam mastermind na si Arnel Ordonio, nagsabwatan ang ilan sa kaniyang mga investor at mga pulis para masamsam ang kaniyang ari-arian.   Read more »

TIPS: Paano maiiwasan ang investment scam sa cryptocurrency?

ABS-CBN News
Posted at Apr 13 09:43 PM

Sa mga nais mamuhunan, dapat ay maging maingat bago pumasok sa isang negosyo, ayon sa isang abogado. Read more »

Vietnam eyes cryptocurrency crackdown after alleged $660 million scam

Agence France-Presse
Posted at Apr 12 03:50 PM

Vietnam has vowed to tighten regulations on cryptocurrencies as authorities investigate an alleged multi-million-dollar fraud in the country, where digital units are traded in a shadowy and unregulated market.  Read more »

SEC warns vs investing in 'cloud mining contracts' for cryptocurrencies

Warren De Guzman, ABS-CBN News
Posted at Apr 11 03:14 PM

The Securities and Exchange Commission warned the public against a new cryptocurrency investment scheme called "cloud mining contracts." Read more »

Crypto-jacking, malicious mobile apps rose in 2017: report

ABS-CBN News
Updated as of Apr 11 12:15 PM

Detected cryptocurrency and mobile cyber threats have increased last year affecting businesses and consumers, a report said. Read more »

Mag-asawang sangkot sa Bitcoin scam, may mga backer na politiko?

ABS-CBN News
Posted at Apr 11 03:40 AM

Gusto ring habulin ng VACC ang mga politiko at mga big-time investor na backer umano ng mag-asawang nasa likod ng tinaguriang Bitcoin scam. Read more »

Cryptocurrency miners seek cheap energy in Norway and Sweden

Christoph Steitz and Stephen Jewkes, Reuters
Posted at Apr 10 05:23 PM

Cryptocurrency miners are moving in to Norway and Sweden to take advantage of cheap hydro-electric energy and low temperatures to power and cool their servers. Read more »

Couple behind alleged Bitcoin scam face raps

Maan Macapagal, ABS-CBN News
Posted at Apr 10 03:00 AM

MANILA - The Philippine National Police-Criminal Investigation and Detection Group (PNP-CIDG) has filed a complaint against a couple allegedly behind an investment scam using cryptocurrency Bitcoin. Read more »

Coming soon from Manny Pacquiao: PAC Coins

Jessica Fenol, ABS-CBN News
Posted at Apr 05 03:02 PM

Senator and boxing champion Manny Pacquiao has teamed up with a Singapore-based cryptocurrency exchange to launch his own digital token called PAC Coin, the company said. Read more »

Regulation and apathy hit bitcoin market

Joseph Sotinel and Kevin Trublet, Agence France-Presse
Posted at Mar 30 01:14 PM

Wild fluctuations within the bitcoin market have once again sparked debate between investors who believe it is merely undergoing a "correction" and those who see it as a costly fad. Read more »

Twitter bans cryptocurrency ads on fraud fears

Agence France-Presse
Updated as of Mar 27 08:40 AM

Twitter on Monday announced a ban on ads for initial offerings of cryptocurrency or sales of virtual currency tokens, sending the value of bitcoin diving below $8,000. Read more »

Crypto assets don't pose immediate risk, says world body

Agence France-Presse
Posted at Mar 19 07:18 AM

Virtual currencies and so-called crypto assets do not, yet, pose a systemic risk, the body which makes recommendations about the financial system said in a study released Sunday. Read more »

Google to ban ads on cryptocurrencies, related products

Reuters
Posted at Mar 14 02:29 PM

Alphabet Inc's Google said on Wednesday it will ban advertisements for cryptocurrencies and related content starting in June. Read more »

Hacked Japan crypto exchange refunds customers

Agence France-Presse
Posted at Mar 13 11:01 AM

Japan-based virtual currency exchange Coincheck said Tuesday it had refunded more than $440 million to customers following the hack of its systems, which was one of the largest thefts of its kind. Read more »

World's central banks cautioned on cryptocurrency risks

Agence France-Presse
Posted at Mar 13 08:41 AM

The creation of digital currencies, like bitcoin, by central banks could revolutionize the global financial system but also carries significant fraud risks, the Bank for International Settlements warned on Monday.   Read more »

BSP says proposed law can help regulate cryptocurrencies

ABS-CBN News
Posted at Mar 13 12:06 AM

The Bangko Sentral ng Pilipinas said there is a piece of legislation in the works and well on its way to passing Congress, which will help it better regulate cryptocurrencies.  Read more »