In a bid to buoy the Philippine economy which has been heavily impacted by the COVID pandemic, the Philippines Private Sector Advisory Council, in partnership with the Technical Education and Skills Development Authority (TESDA) and the Inter-Agency Council, has recently launched a mission called GoDigital Pilipinas (GDP). The program comes as a much-needed relief for…
Immunefi’s report reveals that most of the $662,850,580 in Q3 crypto losses were attributed to Mixin Network and Multichain exploits, with DeFi as the primary target. Key Takeaways In an unsettling revelation, Immunefi, a prominent Web3 bug bounty platform, reported a substantial $662,850,580 loss in crypto exploits for Q3 2023, with two principal projects, Mixin Network and…
Following a February incident affecting one of its bridge components, CrossCurve has taken an active step toward strengthening its broader cross-chain architecture, completing a smart contract audit with Web3 security firm Hashlock on its LayerZero-based OFT messaging contracts. The audit, finalised in March 2026, resulted in a “Secure” rating, with all identified vulnerabilities resolved within…
Co-founder Gary Wang admitted to generating false figures using a random number generator, raising concerns about trust and transparency. Key Takeaways In a revelation that has sent shockwaves through the cryptocurrency world, Gary Wang, co-founder of FTX, has admitted to falsifying the exchange’s insurance fund figures, essentially throwing the platform and its founder, Sam Bankman-Fried,…
NFTs have been hot this week, with sales skyrocketing by a whopping 138.15% compared to the prior week. Between February 19th and 24th, an eye-popping $801 million worth of NFTs was exchanged, confirming the meteoric growth of these revolutionary non-fungible tokens. Even more impressive is that this increase was achieved even though many experts have…
The digital asset landscape in Asia is undergoing a profound transformation, and at its heart is the unlikely rise of the meme coin. Once dismissed as fleeting internet jokes, these tokens have evolved into a formidable force, acting as a primary gateway for a new wave of retail investors entering the cryptocurrency market. The phenomenon…
Instant messaging app Telegram wowed the cryptoeconomy in early 2018 when its team raised nearly $2 billion USD for the Telegram Open Network (TON) blockchain upon the firm’s Gram token sale. Yet that token offering has now turned out to be a major strategic mistake.Indeed, in the wake of the Gram token sale, Telegram faced…
The recent invasion of Ukraine has put the world in a state of uncertainty, turmoil and geopolitical risk. Volatility in the global financial markets has caused immense losses to millions of investors. With rising global inflation, fear of tapering liquidity, and increasing interest rates by the United States Federal Reserve, havoc is spreading across the…
Cointelegraph journalists at South by Southwest, or SXSW, in Austin, Texas reported that NFTs were everywhere this year, marking a new phenomenon for what began as a music festival in 1987. Since evolving into a film, tech and general culture gathering, and after a two-year hiatus, SXSW added blockchain programming to the mix with crypto-related panels, blockchain company…
Cryptocurrency exchange Gemini has received an electronic money license from the Central Bank of Ireland. It was the 18th organization to receive the license, and the first since October 2020. Gemini joined such license holders as Coinbase, Stripe, Square and Meta. The e-money license, for which Gemini applied in early 2020 and received oMarch 14,…
