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The seed funding round was led by venture capital investor and billionaire Tim Draper.
Filipino co-owned social cryptocurrency startup Ryder has bagged $3.2 million (P187.63 million) in seed funding led by venture capital investor and billionaire Tim Draper.With Filipinos consistently being ranked as some of the world's top cryptocurrency and non- ...
The app will no longer offer their services in the country starting December this year.
Financial services app eToro is ending its operations in the Philippines. The app, which describes itself as an investing and trading platform that aims to make trading accessible to anyone, anywhere and reduce the dependency on traditional financial institutions, made the announcement ...
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 ...
It’s the latest headache for the global cryptocurrency trading platform.
Cryptocurrency giant Binance will no longer be accessible in the Philippines by early next year if the Securities and Exchange Commission (SEC) follows through with its crackdown on unlicensed online trading platforms. The SEC said Binance is not registered in the Philippines ...
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That’s reason enough to hold the country’s first-ever Web3 Games Summit in November.
A summit dedicated to all things web3 and gaming will be held for the first time in the Philippines next month to demonstrate just how much the country is still at the epicenter of Web3 adoption in the world, despite the so- ...
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Get to know about all things web3.
Web3, blockchain, crypto, and other tech jargon might still be turning people off, but organizers of the first-ever Philippine Web3 Festival are betting big on the future of the nascent industry in the country. The festival which is happening in Manila ...
Does the collapse mean the end of NFT mania?
After experiencing record highs in the market last January 2022, making an estimated $17 billion (around P995 billion), non-fungible token (NFT) trading volume has plummeted. It has now gotten to a point where its down by a whopping 97 percent, according ...
He's raised $1 million for what he calls the world's "first social crypto wallet."
For the past few years, Filipinos have consistently ranked as some of the top cryptocurrency and non-fungible token (NFT) consumers around the world.In terms of crypto adoption indices, the country ranks 15th out of 157 countries as of a recent ...
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