By Luisa Maria Jacinta C. Jocson, Reporter THE PHILIPPINES’ gross international reserves (GIR) experienced a decline at the conclusion of November as the administration addressed portions of its foreign currency-linked liabilities, according to data released by the Bangko Sentral ng Pilipinas (BSP). Initial figures indicated that dollar reserves fell by 2.4% to $108.5 billion at the close of November from $111.1 billion at the close of October. Compared to the previous year, gross international reserves increased by 5.6% from $102.7 billion. “The month-over-month reduction in the GIR level was primarily due to the National Government’s (NG) net foreign currency withdrawals…
Autore: wsjcrypto
Greetings Ethereum community, developers, and researchers, During the inaugural Devconnect last year in Amsterdam in 2022, we united for a week filled with comprehensive workshops and dialogues. Numerous participants of the sessions and discussions conveyed that they felt Devconnect greatly influenced the ecosystem by fostering progress in meaningful ways. Many shared their hopes for another Devconnect event, and after witnessing its impact, we wholeheartedly concurred. It is with great excitement that we announce Devconnect is set to return, scheduled for November 13-19 this year in Istanbul! 🇹🇷 What is Devconnect? Devconnect is a week-long assembly that showcases independent Ethereum events,…
Well-known stablecoins, or digital currencies intended to maintain a “relatively steady value,” are drawing the attention of lawmakers. Although these crypto assets are more consistent than their alternatives, a recent Financial Services Oversight Council (FSOC) report indicates they may pose threats to the financial ecosystem. Specifically, the FSOC 2024 Annual Report asserts that issuers lack reliable data about their assets and protocols on reserve management practices. The Council argues that the lack of transparency could jeopardize the holders and hinder analysts from conducting precise market evaluations. Therefore, the Council is urging the US Congress to engage in discussions and enact…
This week, Bitcoin soared to $100,000 for the first time in history, while Trump appoints pro-crypto Paul Atkins to take over from Gary Gensler: Hodler’s Digest Source link
Greetings everyone! I’m Mihajlo, and during the last six months as part of my Next Billion Fellowship, I’ve been striving to introduce the advantages of Web3 to the World Scouting Movement. Having grown up in Serbia during the ’90s, I witnessed the profound impacts that wars and sanctions can inflict on youth. Opportunities to discover positive role models or encouraging peers were scarce. In such circumstances, it’s effortless for young individuals to get entangled in gangs or illicit activities. I believe it’s largely due to technology and the scouting movement that I managed to steer clear of a misguided journey.…
Este artículo también está disponible en español. El precio de Bitcoin parece estar enfrentando cierto tipo de fracaso en precios desde que superó el nivel de $100,000. En las pocas horas posteriores a este cruce por encima de este umbral psicológico, el precio de Bitcoin experimentó un rechazo y corrigió hasta llegar a $94,000. Lectura Relacionada No obstante, esta corrección no necesariamente indica una perspectiva sombría para la criptomoneda más grande del mundo, especialmente ya que el sentimiento de los inversores continúa manteniéndose en la zona de codicia extrema. Según el análisis técnico, el precio de Bitcoin todavía tiene la…
THE BANGKO SENTRAL ng Pilipinas (BSP) has finalized the evaluation stage for Project Agila, its experimental initiative for a central bank digital currency (CBDC). In an announcement on Thursday, the BSP indicated it has wrapped up the evaluation for Project Aguila, alongside other involved financial entities. “Wholesale CBDCs are anticipated to improve liquidity management, diminish settlement risks, and bolster financial stability,” BSP Governor Eli M. Remolona, Jr. remarked. “Findings from this initiative will steer the BSP’s CBDC framework. Our objective is to utilize emerging technologies to further boost the efficiency and durability of the national payment system,” he continued. The…
Today, we have revealed the second batch of vulnerabilities from the Ethereum Foundation Bug Bounty Program! 🥳 These vulnerabilities were previously identified and directly reported to the Ethereum Foundation. When bugs are submitted and confirmed, the Ethereum Foundation facilitates disclosures to impacted teams and assists in validating vulnerabilities across all clients. The Bug Bounty Program currently receives reports for the following client applications: ErigonGo EthereumLodestarNethermindLighthousePrysmTekuBesuNimbus Alongside client software, the Bug Bounty Program also encompasses the Deposit Contract, Execution Layer & Consensus Layer Specifications, and Solidity. 🙏 Repository & vulnerability list Since the last vulnerability announcement has been quite eventful with…
This week Bitcoin hit $100,000 for the very first time, Trump puts forward pro-crypto Paul Atkins to take over from Gary Gensler: Hodler’s Digest Source link
Sacks also underscored Bitcoin’s portability as a significant characteristic of the cryptocurrency that renders it a desirable alternative amid societal unrest. Source link