A group of Philippine banks is joining forces to launch a peso-backed stablecoin, PHPX, to enhance cross-border payments and promote financial inclusion.
The post Philippine Banks Collaborate to Launch PHPX Stablecoin for Enhanced Cross-Border Payments appeared first on Cryptonews. …
Category: Cryptocurrencies
South Korean Exchange Upbit Suspends SOLVE Over Transparency Concerns
Upbit, South Korea’s leading cryptocurrency exchange, has suspended deposits for Solve.Care (SOLVE) due to transparency concerns and potential investor risks, designating it as a cautionary item for a two-week review period.
The post South Korean Exchange Upbit Suspends SOLVE Over Transparency Concerns appeared first on Cryptonews. …
Increasing Bitcoin Hashrate Indicates Confidence in BTC Value
Bitcoin’s rising hashrate showcases expanding miner activity, improved technology, and growing institutional interest. With insights from CleanSpark, Riot, and experts, explore how profitability and transparency in the mining industry are shaping the future of Bitcoin’s network security and adoption.
The post Increasing Bitcoin Hashrate Indicates Confidence in BTC Value appeared first on Cryptonews. …
Senate to Form Crypto Oversight Subcommittee with Sen. Lummis as Chair: Report
The Senate Banking Committee plans to launch a digital assets subcommittee, as the new Republican majority sets the stage for crypto-friendly legislation.
The post Senate to Form Crypto Oversight Subcommittee with Sen. Lummis as Chair: Report appeared first on Cryptonews. …
US Financial Advisers Show Increased Crypto Interest Post Trump’s Election Win: Bitwise Survey
A recent survey by Bitwise reveals a surge in crypto interest among U.S.-based financial advisers following Donald Trump’s presidential election victory.
The post US Financial Advisers Show Increased Crypto Interest Post Trump’s Election Win: Bitwise Survey appeared first on Cryptonews. …
Gemini Forms Senior Management Team in Europe to Foster Expansion
Gemini has appointed former Kraken CEO Mark Jennings to head the exchange’s European unit.
The post Gemini Forms Senior Management Team in Europe to Foster Expansion appeared first on Cryptonews. …
Block Poised to Be First S&P 500 Company with Explicit Bitcoin Strategy: VanEck’s Matthew Sigel
Block Inc., a financial services and digital payments company, could become the first S&P 500-listed firm with an explicit Bitcoin strategy.
The post Block Poised to Be First S&P 500 Company with Explicit Bitcoin Strategy: VanEck’s Matthew Sigel appeared first on Cryptonews. …
Crypto Advisory Council Set to Potentially Include About 24 Industry Leaders
President-elect Donald Trump’s incoming administration plans to appoint about 24 CEOs and founders to his crypto advisory council.
The post Crypto Advisory Council Set to Potentially Include About 24 Industry Leaders appeared first on Cryptonews. …
Scammers Steal $2.2M Worth Crypto From New York Residents in Promise of Remote Jobs
The scammers sent text messages claiming to help find remote jobs, asking job-seekers to deposit dollars into crypto accounts.
The post Scammers Steal $2.2M Worth Crypto From New York Residents in Promise of Remote Jobs appeared first on Cryptonews. …
AI Trading Bot AlgosOne Claims 80% Success Rate in Bitcoin Trades
AI-powered trading platform AlgosOne has claimed that its trading bot boasts a reported success rate of over 80% on Bitcoin trades.
The post AI Trading Bot AlgosOne Claims 80% Success Rate in Bitcoin Trades appeared first on Cryptonews. …