By Chloe Mari A. Hufana, Reporter THE PHILIPPINES’ unemployment percentage in January climbed to its peak level in six months, as recruitment decreased following the festive season, the statistics agency reported on Thursday. Initial findings from the Philippine Statistics Authority’s (PSA) Labor Force Survey revealed the unemployment rate at 4.3% in January, marginally lower than 4.5% a year prior but increased from 3.1% in December. This meant there were 2.16 million unemployed Filipinos in the initial month of the year, unchanged from January 2024 but greater than the 1.63 million recorded in December 2024. January experienced the highest unemployment…
Autore: wsjcrypto
The Mekong development network was designed to serve as a sandbox for wallet creators to explore UX modifications and for stakers to build trust in the forthcoming Pectra adjustments. The Pectra network enhancement has been implemented on the Ethereum Sepolia and Holesky testnets. These networks are now available for evaluating the Pectra upgrade functionalities. Consequently, we wish to inform you about the discontinuation of the Mekong testnet on March 7th, 2025. Developers of applications and tools are recommended to utilize Sepolia to test their applications, smart contracts, and other EVM features. Its restricted validator set ensures a reliable testing environment.…
Due to the recent downturn in the cryptocurrency market over the weekend, Ethereum (ETH) has produced two Chicago Mercantile Exchange (CME) gaps at $3,000 and $2,600. Crypto expert Ted suggests that a short squeeze could soon drive the price past $3,000, possibly addressing these two CME gaps. Is An Ethereum Short Squeeze Just Around the Corner? In the last fortnight, Ethereum has experienced a decline of $70 billion in its overall market capitalization, bringing it down to a market cap of $268 billion at the time of writing. Based on data from the Binance crypto exchange, ETH hit a low…
South Carolina Senator Tim Scott, who chairs the US Senate Banking Committee, intends to propose a legislative measure on March 6 aimed at ceasing regulatory scrutiny of client reputational threats towards financial institutions, thereby leading to the termination of a biased practice known as “debanking,” as reported by The Wall Street Journal.Debanking refers to a situation where banks may opt not to transact with customers that present “reputational threats.” The Federal Reserve characterizes reputational risk as “the possibility that adverse publicity concerning an institution’s operational practices, whether or not accurate, may lead to a reduction in the customer base, expensive…
Heartfelt appreciation to Gavin Wood for igniting my interest in advancements in abstraction, along with Martin Becze, Vlad Zamfir, and Dominic Williams for their continuous dialogues. For an extended period, we have been transparent about our intentions to further enhance the Ethereum protocol progressively and our extensive development blueprint, deriving insights from our oversights that we either were unable to rectify in time for 1.0 or only recognized after the fact. Nonetheless, the development cycle for the Ethereum protocol has recommenced, with a Homestead release on the horizon, and we have subtly begun crafting proof-of-concepts for the most significant achievement…
XRP might be on the brink of a significant price surge, as per analyst Egrag Crypto. The prominent chartist has recognized what he terms the “Kangaroo Phase,” a period of consolidation that could lead to a breakout. Utilizing historical patterns and crucial technical signals, he posits that XRP could ascend as high as $222 if circumstances are favorable. XRP Essential Support And Resistance Levels Egrag Crypto pinpoints vital price zones demonstrating that XRP is holding strong. The altcoin has remained above a significant support threshold, which would provide a foundation for a consistent rise. He further highlights the relationship between…
“Forge your own paths and everything else will follow,” encouraged Pili AdheSeal, Inc. President Mark Kennedy E. Bantugon to his fellow Filipino student innovators. Explore the relevant article: Pinoy creates ‘eco-friendly’ aviation sealant from humble pili tree – BusinessWorld Online Interview conducted by Almira Martinez Video production by Jayson Mariñas Link to source
My sincere appreciation to Vlad Zamfir for presenting the notion of by-block consensus and persuading me of its advantages, along with numerous other fundamental concepts of Casper, and to Vlad Zamfir and Greg Meredith for their ongoing contributions to the protocol In the previous entry of this series, we examined one of the two primary feature sets of Serenity: an elevated level of abstraction that significantly enhances the platform’s adaptability and migrates Ethereum from “Bitcoin plus Turing-complete” toward “general-purpose decentralized computation.” Now, let us focus on the other flagship feature, which was the original incentive for creating the Serenity milestone:…
A network aspiring to serve as an alternative internet for blockchains is gearing up for a public mainnet debut in the latter half of 2025 following the successful completion of a $28 million funding round and a testnet beta introduction.The DoubleZero Network aims to provide a substitute to the public internet, enabling network providers to contribute underutilized bandwidth to a specialized network designed for systems like blockchains, as per a statement from the DoubleZero Foundation dated March 5.Austin Federa, co-founder of DoubleZero, declared in a post to X on March 5 that the initiative seeks to integrate private networking technology…
Perspective by: Mateusz Kara, co-creator and CEO of Ari10President Donald Trump’s return to leadership has indicated the onset of a new chapter for cryptocurrency in the US, yet the nation has significant ground to cover to align with Europe.Trump has proposed ambitious initiatives and made broad commitments to transform the US into a crypto sanctuary. During this year’s World Economic Forum in Davos, Trump vowed to establish the US as the “world capital” of crypto, with an array of supportive policies, investments, and regulatory transparency to follow suit. Cryptocurrency is rapidly emerging as a strategically significant sector and is projected to…