By Luisa Maria Jacinta C. Jocson, Reporter THE Bangko Sentral ng Pilipinas (BSP) might recommence its easing cycle as soon as its next gathering on April 10, a senior official stated. BSP Governor Eli M. Remolona, Jr. indicated that a reduction in rates remains “an option” during the Monetary Board’s assembly next month, hinting at “a few more” reductions for the remainder of the year. “I want to emphasize that we still see ourselves on the easing path. We anticipate a few more reductions this year. However, the exact amount has yet to be decided,” he shared at a conference.…
Autore: wsjcrypto
One of the most significant sources of misunderstanding regarding blockchain security pertains to the exact impact of block time. If one blockchain has a block interval of 10 minutes, while another has an approximate block duration of 17 seconds, what precisely does that signify? What is the equivalent of six confirmations on the 10-minute blockchain in the context of the 17-second blockchain? Is blockchain security merely a function of time, solely a matter of blocks, or a synthesis of both elements? What security characteristics do more intricate frameworks possess? Note: this piece will not delve deeply into the risks of…
Reliable Editorial material, evaluated by prominent industry specialists and experienced editors. Ad Disclosure Bitcoin (BTC) and Ethereum (ETH) have encountered intense selling pressure as anxiety envelops not only the cryptocurrency market but also U.S. equities. The whole crypto arena has struggled amidst adverse macroeconomic conditions, leaving investors unsure of the next significant move. Concerns over a global trade conflict and unpredictable policy shifts from U.S. President Trump’s administration have intensified volatility and uncertainty, crafting a challenging environment for investors. Consequently, the U.S. stock market has plummeted to its lowest points since September 2024, pulling crypto prices down in tandem with…
THORChain has been labeled a money laundering framework — a designation no decentralized finance (DeFi) initiative desires unless it is ready to face scrutiny from regulators.Its advocates have pushed back against this criticism by highlighting decentralization, while detractors reference recent incidents that revealed some of the protocol’s centralized characteristics.Following the exploitation of Bybit for $1.4 billion, the North Korean state-sponsored cybercriminals responsible for the breach, referred to as the Lazarus Group, gravitated toward THORChain, making it their preferred platform to exchange pilfered assets from Ether (ETH) into Bitcoin (BTC). Lazarus completed the conversion of its Ether in a mere 10…
We are pleased to unveil our initial developer-preview of the Ethereum Wallet ÐApp. The objective of this launch is to collect input, eliminate bugs, and, most crucially, have the code assessed. Please be aware that this is a developer-preview and not the final version. We recommend that you are exceedingly cautious when depositing significant amounts of Ether into the wallet contracts. Using the wallet on the mainnet should solely be performed with limited amounts! As Steve Ballmer famously proclaimed Developers! Developers! Developers! And remember that this is specifically our targeted audience; don’t place blind faith in us, and we…
It is said that reporters never really step away from their duties. Yet for Christian, it’s not merely a saying; it’s a way of life. During daylight hours, he maneuvers through the constantly evolving landscape of the cryptocurrency market, wielding language like an experienced editor and producing articles that translate complex terminology for the general public. However, when his computer enters sleep mode, his interests shift to a more mechanical (and at times philosophical) nature. Christian’s adventure with the written expression commenced well before the rise of Bitcoin. Within the esteemed corridors of education, he refined his skills as a…
by Edg Adrian A. Eva, Journalist Chinese technology behemoth Huawei has unveiled its new flagship foldable, the Huawei Mate XT, in the Philippines, with availability commencing on March 7. Huawei claims that the device is the world’s first tri-fold smartphone, creating excitement since its initial preview in China. The Huawei Mate XT became available in the Philippines on March 7, with a price tag of ₱199,999, and comprises an exclusive bundle valued at ₱39,998. The flagship tri-fold promises improved multitasking with its versatile three-screen configuration, which can expand into 6.4-inch, 7.9-inch, and 10.2-inch displays. “It’s fundamentally a laptop in your…
The organization is presently engaged in the process of reorganizing its communication strategies. A number of members from our existing communications team in London will soon be departing or diminishing their engagement with the Foundation to explore for-profit opportunities within the Ethereum ecosystem; we extend our best wishes to them. Thus, we find ourselves with both a necessity and a distinctive chance to “reboot” this aspect of the organization and reassess how the Ethereum Foundation engages with the community. To initiate this transition, we are planning to undertake the following actions: We will strive to downplay Skype, while highlighting Gitter…
The revenue generated by the Solana network and the total value locked on the blockchain have plummeted over the last two months as enthusiasm for memecoins has continued to decrease. The weekly revenue on the Solana blockchain soared to an unprecedented $55.3 million in mid-January during the peak of the memecoin minting hype. Nevertheless, this revenue has since fallen by 93%, dropping to approximately $4 million in the past week, returning to figures not observed since September, according to data from DefiLlama. The revenue from decentralized applications (DApps) on Solana has also decreased by roughly 86%, from $238 million in mid-January to $32…
The US Senate Banking Committee is poised to cast a vote on a Republican-led stablecoin framework legislation on March 13, subsequent to updates made following discussions with committee Democrats.GOP Senator Bill Hagerty, an advocate of the bill, stated on March 10 that he presented a revised version of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, which is scheduled for a Banking Committee vote on March 13.He mentioned that the revised legislation incorporated bipartisan dialogues. The bill is jointly sponsored by Republican Senators Cynthia Lummis and Tim Scott, who also leads the Banking Committee, in collaboration with…