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The proliferation of these scams underscores a larger problem in the digital space: the ease with which cybercriminals can hijack the reputations of established names to exploit the rising interest in cryptocurrencies.Â
Bad actors are now impersonating some of the Philippines' most trusted conglomerates, including the Gokongwei Group, to swindle Filipinos out of their hard-earned money through fake cryptocurrency schemes. The Gokongwei Group has sounded the alarm after discovering that its president and ...
Attention: Filipino Web3 gamers.
One doesn't need to be a hardcore gamer to know about web3 games. Built on blockchain technology, these games allow people to earn money through cryptocurrency, which is one reason it has been getting more popular in the Philippines over the ...
It can be accessed through the e-wallet's GCrypto feature.
A new stablecoin has officially been introduced to the Philippine market. Financial technology firm PayPal has made its own stablecoin, PayPal USD (PYUSD), available to the public through the e-wallet brand GCash.ALSO READThe BSP Has Approved the Country's First- ...
The Philippine peso-backed stablecoin from Coins.ph will be called PHPC.
The Philippines will soon see its first-ever stablecoin after the Bangko Sentral ng Pilipinas (BSP) gave the green light to cryptocurrency exchange Coins.ph to issue the token, which will be called PHPC.Stablecoins are a type of cryptocurrency designed to ...
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The cryptocurrency giant was officially banned from operating in the country last month.
In its latest move to ban any remaining access to Binance in the Philippines, the Securities and Exchange Commission (SEC) has asked Apple and Google to remove the cryptocurrency service app from their application stores.The SEC wrote to both technology giants, ...
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The order comes after the SEC first announced plans to block the crypto trading platform in the country in November last year.
The Securities and Exchange Commission (SEC) on Monday has moved to officially block the world's largest cryptocurrency exchange Binance in the Philippines. In a press statement, the SEC said the ban on Binance's online presence in the Philippines follows the ...
But only if the future of crypto is regulated.
Hype comes and goes-we all saw that with the Bitcoin craze of 2020-2021. For months, Bitcoin and crypto dominated every headline until the buzz died down and the hype faded away. But according to Coins.ph's new CEO Wei ...
Despite the fall of play to earn platforms.
Much like those in South Asia and East Asia, countries in Southeast Asia have emerged as the most productive region for web3. And with the region becoming a key market for web3 gaming, Southeast Asia has gone on to dominate global rankings ...
Meeting at the intersection of art, technology, and history.
One may argue that we can trace the spirit of an era through its art. Crypto art is no different.As Crypto Art Week Asia nears, Galeria Paloma's second installment of its crypto art exhibition promises to represent the times. 1/ ...
One's a meme coin.
Top cryptocurrency Bitcoin is the most popular virtual token among Filipinos, a study showed as interest in digital coins rise worldwide.Bitcoin is the most preferred crypto token among Filipinos who owned cryptocurrency at 40% followed by Ether at 23%, and meme ...
After investing in Web 3.0 education.
Cryptocurrency, whether we want to admit it or not, is likely here to stay. We're in the midst of the crypto revolution in the Philippines, with some analysts even arguing that our country is Southeast Asia's top crypto hub. Trading ...
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The next step of play-to-earn is learn-to-earn.
To be very technical about it, Proof of Learn (POL), a tech platform that uses blockchain technology to educate developers on Web3, was founded in December 2021. But one can argue that the seeds for this fledgling company were planted years or ...
Get ready, crypto traders.
Despite its increasing volatility, interest in cryptocurrencies continues to grow and more banking institutions are pivoting to keep up with consumer demands.UnionBank of the Philippines is the latest local institution to show interest in the crypto craze as the bank is ...
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