“`html THE FATALITY count from Typhoon Kalmaegi, known locally as Tino, kept increasing on Tuesday as disaster authorities gathered preliminary reports from impacted provinces after the fierce tempest unleashed torrential rains and floods across the central Philippines, inundating residences and compelling thousands to flee. Three individuals were confirmed deceased and at least one person was reported missing in the central province of Cebu, provincial information officer Ainjeliz Orong stated. Two additional fatalities were still undergoing verification. “We didn’t anticipate this level of flooding,” Ms. Orong noted via telephone. In the adjacent Bohol province, one individual perished after being struck by…
Autore: wsjcrypto
“`html Flux (ZelCash) Mining Concludes – Pool Deactivation Accomplished On October 20, 2025, mining for Flux (previously ZelCash) officially concluded on 2Miners. This transition occurred due to Flux shifting from conventional Proof-of-Work (PoW) mining to the novel Proof-of-Useful-Work v2 (PoUW v2) framework through Proof of Nodes (PON). Our Flux mining pools were deactivated at 19:00 UTC on October 20 to guarantee that all final disbursements could be processed prior to block 2,020,000, at which time the chain hard-forked and conventional mining ceased completely. All balances exceeding the minimum limit of 10 FLUX have been successfully settled. We regret the departure…
“`html The insolvency estate of the now-inoperative crypto exchange FTX has rescinded its appeal to restrict payouts to creditors in specific “prohibited foreign jurisdictions.”On Monday, the FTX Recovery Trust submitted a notice retracting its petition to establish special procedures for regions like China, which had been identified as potentially restricted under the approved bankruptcy plan.“If and when the FTX Recovery Trust intends to renew the request made in the Motion, the FTX Recovery Trust will submit a motion and furnish notice in compliance with the relevant regulations,” the notice indicates, mentioning that the motion has been withdrawn without prejudice.The trust…
“`html The digital currency market has been hit by yet another wave of bearish candles, dropping 4.1% over the last 24 hours. Bitcoin, Ethereum, and Dogecoin have all experienced significant setbacks, with all major market-cap cryptocurrencies falling beneath support points that were maintained the previous week. The decline accelerated after allegations emerged on X indicating that Wintermute, one of the sector’s largest market makers, was gearing up to file a lawsuit against Binance regarding supposed issues tied to the crash on October 10. Speculations of a Lawsuit Against Binance Amplify Concerns Market anxiety intensified as rumors spread on X, asserting…
METROPOLITAN Bank & Trust Co. (Metrobank) reported a historic nine-month net profit, driven by robust loan expansion that propelled its net interest revenue. The bank’s attributable net earnings increased by 4.34% to P37.28 billion during the initial nine months of 2025, up from P35.73 billion the previous year, as stated in a notice to the stock market on Tuesday. It credited this to “strong loan expansion, enhancing margin trends, healthy trading revenue, in addition to well-managed expense growth.” In the third quarter alone, its earnings rose by 2.56% compared to the same period last year, reaching P12.43 billion from P12.12…
“`html Cathie Wood’s ARK Invest amplified its stake in Bullish crypto exchange on Monday, acquiring approximately 238,000 shares valued at around $12 million across its primary funds.As per ARK’s daily trading disclosures, the ARK Innovation ETF (ARKK) procured 164,214 shares, the ARK Next Generation Internet ETF (ARKW) added 49,056 shares, and the ARK Fintech Innovation ETF (ARKF) secured 25,076 shares.This action follows ARK’s acquisitions from the previous week. On Friday, the investment company obtained over $5 million worth of Bullish shares through several ETFs.ARK has persisted in its accumulation since the exchange’s $1.1 billion debut on the New York Stock…
“`html The cryptocurrency advocacy group Coin Center has provided its insights on the ongoing criminal proceedings involving two siblings who supposedly took advantage of the Ethereum blockchain utilizing maximal extractable value (MEV) bots.In a Monday amicus curiae document — a paper submitted by an entity not directly involved in the case — Coin Center contended against a principal theory proposed by the prosecution concerning Anton and James Peraire-Bueno. These individuals are reportedly accountable for a $25 million MEV exploitation in April 2023. Coin Center asserts that the US government’s allegations of “honest validation” are baseless and should be dismissed by…
“`html Bitcoin’s value has prolonged its downturn, falling to depths of $105,200 today, after a tumultuous onset to November and concluding an impressive seven-year “Uptober” sequence. After finishing October with a 4% decrease — the first negative October since 2018 — Bitcoin’s value is encountering heightened selling pressure amidst stricter financial circumstances, hesitant institutional inflows, and macroeconomic obstacles. The recent downturn follows an early-October flash crash that plummeted Bitcoin to $104,000, erasing significant portions of its Q3 momentum. In spite of a partial rebound, BTC remains approximately 14% below its latest peak close to $125,000. At present, the Bitcoin value…
“`html By Adrian H. Halili, Correspondent THE PHILIPPINES is collaborating with the United States, Japan, and Australia in establishing an intergovernmental defense council amid worries regarding China’s “destabilizing” actions in the East and South China Sea, based on a unified statement from the defense ministers’ gathering. Philippine Defense Secretary Gilberto C. Teodoro, Jr. convened with US Defense Secretary Peter Hegseth, Australian Defense Minister Richard Marles, and Japanese Minister of Defense Koizumi Shinjiro in Kuala Lumpur on Saturday, where they reaffirmed their dedication to a free and accessible Indo-Pacific. “The Ministers and Secretaries expressed their grave concerns about China’s destabilizing actions…
“`html Trusted Editorial material, assessed by prominent industry specialists and experienced editors. Ad Disclosure Ripple’s Chief Technology Officer, David Schwartz, has elucidated that XRP’s fundamental objective is to provide individuals with direct governance over their finances. In a recent update on the social media site X, Schwartz emphasizes that XRP is not designed to supersede banks but instead enables the unimpeded transfer of value without centralized authority or intermediaries. Ripple CTO Elucidates XRP’s Function In the X entry, David Schwartz articulates that XRP seeks to transform how value is exchanged. The digital commodity empowers individuals to operate as their own…