“`html By Luisa Maria Jacinta C. Jocson, Senior Reporter THE PHILIPPINE banking system’s nonperforming loan (NPL) ratio reached a five-month peak in April, initial data from the Bangko Sentral ng Pilipinas (BSP) revealed. The proportion of bad loans among banks climbed to 3.39% in April from 3.3% in March. Nevertheless, it declined from 3.45% year-on-year. This marked the highest bad loan ratio in five months or since the 3.54% recorded in November 2024. BSP data indicated that problematic loans rose by 0.6% to P519.23 billion as of April from P516.12 billion a month earlier. On a yearly basis, bad loans…
Autore: wsjcrypto
Main insight:XRP (XRP) recovered losses incurred between Wednesday and Friday, maintaining a level around $2.26, reflecting an increase of 9.7% from its recent low of $2.06. Experts indicated that the altcoin might surge into double digits amid rising enthusiasm regarding a potential spot XRP ETF approval in 2025. Prospects for XRP ETF approval surge to 98%The probability of the US Securities and Exchange Commission (SEC) endorsing a spot XRP exchange-traded fund (ETF) in 2025 rose to 98% on Tuesday, as per Polymarket data.XRP ETF approval probabilities on Polymarket. Source: PolymarketSeveral spot XRP ETF applications from key entities such as Bitwise, Grayscale,…
Australian officials have indicted four persons after an 18-month inquiry into a $190 million Australian dollar ($123 million) cryptocurrency laundering scheme purportedly operated through a cash-in-transit security firm.The Australian Federal Police announced that approximately $13.6 million worth of suspected illicit assets had been frozen across Queensland and New South Wales.The Queensland Joint Organized Crime Taskforce (QJOCT), consisting of 70 officers from federal and state organizations, initiated the investigation in December 2023. It reportedly revealed a scheme that utilized an armored vehicle division of a security company as a cover to launder criminal earnings into cryptocurrency.Authorities report that 17 properties, vehicles,…
Today, Gemini Space Station, Inc. revealed that it has privately submitted a draft registration statement to the US Securities and Exchange Commission for a proposed initial public offering (IPO) of its Class A common stock. Information regarding the share quantity and price range remains undisclosed. The IPO will move forward following the SEC’s examination and is contingent on market conditions. 🚨JUST IN: @Gemini has privately filed for an IPO with the @SECGov. Details on the number of shares and pricing are TBD. Launch date will rely on SEC review and market conditions.— Eleanor Terrett (@EleanorTerrett) June 6, 2025 “Any proposals,…
“`html As the Chinese saying goes, “The prime moment to plant a tree was twenty years ago. The next best moment is now.” This insight forms the foundation of Villar Land Holding Corp.’s enduring strategy—acquiring neglected and frequently underrated idle land prior to demand surging, orchestrating a combination of phased developments to guarantee early earnings and continuous revenues, financing expansion judiciously, and ultimately delivering tangible benefits for its stakeholders. Targeted acquisitions Villar City is a vibrant megacity merging leisure, retail, residential, and commercial spaces for an all-encompassing lifestyle. Through decades of targeted acquisitions, publicly listed Villar Land has established a…
“`html Trusted Editorial material, assessed by top industry professionals and experienced editors. Advertising Notice As per a coordinated announcement issued on June 6, 2025, 31 Bitcoin Core developers have adopted a definitive position on how the network ought to manage non-monetary applications. They emphasized that their function is neither to endorse nor obstruct data inscriptions and other non-financial endeavors. This action has ignited intense emotions within the community, with discussions addressing liberty, costs, and the fundamental essence of Bitcoin. Developer Position On Data Regulations According to reports, the Core team indicated they won’t intervene to prevent “innocuous” data from being…
“`html Perspective by: T-RO, co-founder of GamerBoomDisregard the outdated narrative surrounding “interactive media.” Each dungeon expedition, critical revival, and card shuffle is recorded with timestamps, geographical coordinates, and linked to a specific objective. No other medium yields such straightforward, high-frequency insights on risk preferences, endurance, or teamwork.Input these sequences into reinforcement learning systems, resulting in tangible real-world outcomes. Agents educated on gameplay records can predict lane shifts, manage hospital queues, or direct cargo with the accuracy of an e-sports champion.The worldwide player community now surpasses 3.4 billion, contributing more than $177 billion annually. Gameplay records associate every choice with a…
Members of the Pi Network are growing increasingly frustrated after discovering zero balances of their tokens in their wallets. They completed KYC verifications and transitioned to the mainnet as instructed. Yet, many users are finding no tokens in their accounts. This issue has triggered a surge of complaints online and requests for clear explanations. Users Report Missing Pi Balances Community reports reveal hundreds of posts indicating zero tokens, even after diligently following all required steps. Some users state they waited days, while others have waited weeks. All have completed KYC and secured their accounts on the mainnet. However, their wallets…
“`html THE NATIONAL Government’s (NG) debt servicing expenses significantly escalated year over year in April as amortization disbursements more than doubled, the Bureau of the Treasury (BTr) disclosed. Information from BTr indicated that the debt servicing expenses surged by 73.72% to P280.9 billion in April, up from P161.7 billion during the same month the previous year. On a monthly basis, the debt servicing expenses also increased by 53.2% from P183.36 billion in March. Debt servicing denotes the disbursements made by the government for domestic and international borrowings. In April, amortization disbursed reached P234.45 billion, marking a rise of 148.89% from…
Co-founder and executive chairman Michael Saylor from Strategy shared a chart detailing the company’s Bitcoin assets on June 8, hinting at a potential forthcoming acquisition.On June 8, Saylor shared “Send more Orange” on X. Saylor’s enigmatic posts are frequently succeeded by announcements of new Bitcoin (BTC) acquisitions. Should Strategy follow this post with another BTC purchase, it would represent the ninth consecutive week of Bitcoin acquisitions by the company.This post arrives shortly after the company acquired an additional 705 BTC between May 26 and June 1 for roughly $75 million at an average cost of $106,495 per coin, elevating the…