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Pacquiao launches own cryptocurrency tokens

MANILA — Philippine boxing champion Manny Pacquiao launched his very own cryptocurrency on Sunday at a free concert in Manila, where he serenaded more than 2,000 fans to drum up interest in the product.

PHL urged to use fintech to lower remittance costs

THE PHILIPPINES must take steps to make remittances more efficient, even as financial technology has improved in the country, money transfer solutions company Ripple said.

The exciting possibilities of next-generation technologies

The global economy is undergoing disruptive changes prompted by the emergence and adoption of technologies such as mobile and cloud computing, cryptocurrency, the Internet...

Cryptocurrency traders looking at blacklist to keep scammers at bay

THE BIGGEST cryptocurrency traders are calling time on the horde of con artists and criminals that have flocked to their largely unregulated market.

Virtual currency ATMs need BSP approval

FINANCIAL FIRMS that will provide virtual exchange conversions via automated teller machines (ATMs) must get the central bank’s approval before offering such service to the public.

After crash, dreams die hard for cryptocurrency bankers

LIMBO — that’s where to find Wall Street when it comes to cryptocurrencies.

On Cagayan’s Cryptohub: How can it succeed?

With the announcement that the Philippines is building a “Crypto Valley of Asia” (CVA) in the Cagayan Economic Zone Authority (CEZA), cryptocurrency once again took the national spotlight as a potential key industry in the country.

FATF to set first rules on cryptocurrencies

PARIS — The global watchdog for money laundering will set up its first rules on oversight of cryptocurrencies by June, a major step towards creating international standards for an asset currently subject to patchy regulations.

Cryptocurrency exchanges resort to irregular practices for demand

WITH digital-currency trading volume having plunged, some of the biggest crypto exchanges are turning to unorthodox practices to boost activity and win market share.

Bitcoin falls off another cliff as cryptocurrency slump deepens

Cryptocurrencies dropped sharply for the second time in less than 24 hours, sinking toward a nine-month low amid concern that broader adoption of digital...

Crypto tycoons are about to learn how rich they really are

Some of the world’s biggest cryptocurrency tycoons are about to find out how much they’re really worth. The secretive bosses of Bitmain Technologies Ltd., Canaan...

World Bank says demand for blockchain bond tops expectations

Washington -- The World Bank raised Aus$110 million ($80.9 million) in the first-ever blockchain bond offering following investor demand that exceeded expectations, the global...

Cryptocurrencies climb as market watchers cite short sovering

Bitcoin jumped more than 5 percent in the span of a few minutes on Wednesday, pacing a rally in cryptocurrencies as market watchers cited...

Acudeen to list shares on Bitcoin exchange

Fintech firm Acudeen Technologies Pte. Ltd. will be listing its tokens at the Bitcoin Exchange Alliance this Friday, Aug. 24, the first of exchange...

With Bitcoin sinking, crypto miners just dig deeper

With Bitcoin declining this year, you might expect mining activity to follow. That hasn’t happened. The combination of falling prices and a rising hash rate...

Crypto’s $600 billion crash hits a new low

The 2018 selloff in cryptocurrencies plumbed new depths on Wednesday after the U.S. Securities and Exchange Commission dented enthusiasts’ hopes for an exchange-traded fund...

A massive losing bet on bitcoin futures has investors buzzing

A huge wrong-way bet on Bitcoin has left an unidentified futures trader unable to cover their losses, putting counterparties at risk and threatening to...

Bitcoin extends loss after dropping below $8,000 price level

Bitcoin spiked lower after dropping below the $8,000 price level. Volatility in the biggest cryptocurrency has increased over the last few trading sessions after the...

Bitcoin extends rally, tops $8,000 for first time since May

Bitcoin’s rebound continued Tuesday as the largest cryptocurrency climbed past the $8,000 level for the first time in two months, leading a revival among...

Cryptocurrency rally builds steam as Bitcoin surpasses $7,500

Cryptocurrencies extended their rebound on Wednesday, July 18, as Bitcoin traded above $7,500 for the first time in a month, shrugging off security and...

Bitcoin climbs as big-name investors start taking an interest

Bitcoin headed for its biggest increase in two weeks on Monday amid a steady drip of news reports suggesting some of the biggest names...

Bitcoin bloodbath nears dot-com levels as many tokens go to zero

Bitcoin’s meteoric rise last year had many observers calling it one of the biggest speculative manias in history. The cryptocurrency’s 2018 crash may help...

Crypto influencers pump up markets with $105,000-a-pop tweets

By day, Paul Angus is an engineer. But by night, he’s Cryptonomatron: a producer of hot takes on the latest initial coin offerings who...

Philippine cryptocurrency transactions steady

DIGITAL CURRENCY conversions in the Philippines steadied near the $40-million mark in recent months, a ranking central bank official said.

Jack Ma warns of Bitcoin bubble

HONG KONG -- Billionaire Jack Ma has declared Bitcoin a potential bubble, reiterating his caution over the volatile cryptocurrency as his Ant Financial on Monday launched blockchain-based money transfers between Hong Kong and the Philippines.

Cryptocurrencies fall as Korean exchange says $32 million stolen

Cryptocurrencies dropped after the second South Korean exchange in as many weeks said it was hacked, renewing concerns about the safety of digital-asset trading...

Crypto celebrity McAfee stops touting ICOs, citing US`SEC threats’

One of the world’s most prominent promoters of initial coin offerings is calling it quits. John McAfee, the anti-virus software pioneer turned cryptocurrency evangelist, said...

No letup for bitcoin as biggest cryptocurrency extends collapse

Bitcoin extended losses, bringing its four-session slide to as much as 20%, as questions mount about whether the world’s biggest cryptocurrency was manipulated during...

PHL govt’s ‘friendly attitude’ lures Indonesian crypto startup

Pundi X aims to deploy its blockchain-powered products Pundi XPOS to the country as part of its global expansion plan.

Crypto attacks are rising as rogue miners exploit flaw

One of the most-feared quirks of cryptocurrencies is becoming more of a headache. Over the past few weeks, rogue operators of some of the computer...

South African trader AWOL in $80 million bitcoin ‘scam’

Johannesburg, South Africa -- An alleged bitcoin currency scam in South Africa has left speculators with losses of more than $80 million as an...

Singapore warns eight crypto exchanges as scrutiny increases

Singapore warned eight cryptocurrency exchanges about their activities in the city-state as regulators around the world step up scrutiny of digital-asset trading. The platforms, which...

Bitcoin a shadowy new realm as US weighs security clearances

As the Pentagon struggles to recruit a more tech-savvy workforce, it’s facing the confusion of many an old-timer: What to make of people who...

Beyond Bitcoin: Global companies showcase business potential of blockchain technology

By Santiago J. Arnaiz Multimedia Producer SINGAPORE -- Of all the buzzwords saturating the tech industry today, perhaps no other budding system is as veiled as...

Bitcoin’s biggest rival faces overhaul as computing power rises

A fight is on for the soul of Ether. With a market capitalization of $73 billion, the biggest cryptocurrency after Bitcoin has been hailed as...

SEC flags 14 cryptocurrency investment companies

THE Securities and Exchange Commission (SEC) warned the investing public against 14 online investment scams, including entities riding on the growing popularity of Bitcoin...

A $133 million bet on a cryptocurrency designed to be boring

Digital currencies are risky, volatile investments, and that’s what speculators love about them. But a group of Silicon Valley venture capitalists and Wall Street...

SEC issues warning against 14 online cryptocurrency scams

The Securities and Exchange Commission (SEC) warned the investing public against 14 investment scams found online, including entities riding on the growing popularity of...

Barclays sounds out clients on trading cryptocurrencies

BARCLAYS PLC has been gauging clients’ interest in the British bank starting a cryptocurrency trading desk, potentially joining Goldman Sachs Group Inc. in pioneering...

While the world cracks down, Japan emerges as a crypto haven

Japan’s emergence as a global center for cryptocurrencies didn’t start with open-minded lawmakers or prescient investments by the country’s financial giants. Instead, it began...

Couple nabbed in P900-million bitcoin scam

The Criminal Investigation and Detection Group (CIDG) arrested a couple allegedly responsible for a multi-million scam involving the virtual currency bitcoin. The suspects, identified as...

Coming soon to your favorite casino: cryptocurrencies

Chips turning into Bitcoin is NOT an impossibility.

What the world’s governments are saying about cryptocurrencies

Getting your head around cryptocurrencies was hard enough before governments got involved. But now that policy makers around the world are drawing up fresh...

Bitcoin slumps after Japan warns major cryptocurrency venue

A regulatory rebuke for one of the world’s largest cryptocurrency exchanges is giving Bitcoin investors the jitters. Japan’s Financial Services Agency issued a warning to...

Top US regulator frets crypto markets could be full of manipulation

Add a top U.S. financial regulator to the list of people concerned that lightly policed cryptocurrency markets make easy targets for manipulators. Warding off market...