Crypto News

GCash and Axie Infinity partnership enhances cryptocurrency transactions for Filipino gamers

Gcash Partners with Axie Infinity

GCash has joined forces with the renowned Web3 game Axie Infinity, marking a significant step forward for the on-chain gaming community. This partnership aims to streamline the process for Filipino gamers, allowing them to quickly transfer cryptocurrency between the Axie ecosystem and GCash’s crypto platform, GCrypto. GCash and Axie Infinity Collaboration This collaboration is set […]

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SEC-approved Bitcoin ETFs poised to transform the cryptocurrency investment landscape.

Bitcoin ETFs Received SEC Approval, Unlocking Wider Crypto Market Access

After over a decade of persistent efforts by the asset management industry, the U.S. Securities and Exchange Commission (SEC) has finally approved the launch of spot Bitcoin Exchange-Traded Funds (ETFs), marking a significant milestone in the cryptocurrency sector. This approval is expected to attract a broader range of investors to the crypto market, potentially transforming

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Richard Teng taking the helm at Binance, indicating a new era of regulatory compliance and strategic leadership.

Changpeng Zhao Resigns as Binance CEO, Richard Teng Steps Up Amid $4.3 Billion Fine for Regulatory Violations

In a pivotal leadership transition at Binance, the foremost crypto exchange globally, Changpeng “CZ” Zhao has resigned as CEO after admitting guilt to charges in the U.S., making way for Richard Teng’s ascendancy. Previously a regulator in Abu Dhabi, Teng was appointed in June to manage Binance’s regional operations outside the U.S. His rise to

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The Backpack Exchange team in a meeting, discussing strategies for a secure and ethical cryptocurrency exchange platform.

From the Ashes of FTX: Former Executives Launch Backpack Exchange, Aiming for Trust and Transparency in Crypto

In the wake of Sam Bankman-Fried’s conviction on fraud-related charges, former FTX executives, including Can Sun and Armani Ferrante, are forging a new path with Backpack Exchange, a Dubai-based cryptocurrency exchange. This venture, born from the lessons of FTX’s downfall, strongly emphasizes securing customer funds. Sun says, “In a post-FTX world, you need trust and

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Image of a gavel and the FTX logo, representing Sam Bankman-Fried's conviction in the FTX fraud case.

FTX’s Sam Bankman-Fried Convicted in Historic Crypto Fraud Case

Sam Bankman-Fried, the former CEO of FTX, has been found guilty on all seven fraud charges in a historic ruling that will have a lasting impact on the cryptocurrency community. This case represents a sharp decline in popularity for the once-promising crypto entrepreneur. Following a quick five-week trial and just a few hours of jury

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Bitcoin's market dominance climbs to a 2.5-year high of 54%, sparking anticipation for the 2024 Halving Event.

Bitcoin Soars to 54% Market Dominance: A 2.5-Year High as Anticipation Builds for the 2024 Halving Event

Bitcoin is reclaiming its throne in the cryptocurrency world, with its market dominance surging to an impressive 54%, a peak not seen in the last 30 months. This significant rise clearly indicates Bitcoin’s strengthening position as we edge closer to the much-anticipated halving event in April 2024. Back in 2017, during a bull market, Bitcoin’s

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Binance Takes Action on Hamas-Linked Accounts Following Israeli Intervention

Binance, a leading cryptocurrency exchange, has taken action to freeze accounts associated with Hamas militants, following a directive from Israeli authorities. The co-founder of Binance, Yi He, clarified in a WeChat post dated Oct. 10 that this decision specifically targets Hamas, which is recognized as a terrorist organization by the United Nations, and not the

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Hong Kong Binance Users Hit by $446K Text Scam

Hong Kong authorities have alerted the public about a Binance phishing scam that has affected local users. The city’s police force highlighted that 11 Binance users in Hong Kong fell victim to phishing texts. In a recent “CyberDefender” post on Facebook, the Hong Kong police stated, “Fraudsters, pretending to be Binance, sent texts urging users

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GMA Network’s AI Sportscasters Stir Debate on Media’s Future

GMA Network has stepped into the future of broadcasting with the launch of AI-generated sportscasters Maia and Marco, sparking widespread discussions and debates on integrating Artificial Intelligence (AI) in media. This innovative move, announced ahead of the National Collegiate Athletic Association (NCAA) Season 99, aims to deliver top-notch news and updates on both local and

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