Autore: wsjcrypto

Economy and markets

PHL Called to Strengthen Oversight of Money Laundering Threats from Online Gambling and Cryptocurrency

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THE PHILIPPINES must remain vigilant regarding money laundering threats stemming from online gaming and cryptocurrency, even after it has moved off the dirty money watchdog’s “gray list,” as noted by an analyst. Choon Hong Chua, who leads Moody’s financial crime practice group for Asia-Pacific and the Middle East, stated that the Philippines’ removal from the Financial Action Task Force’s (FATF) gray list “demonstrates its dedication to enhancing its anti-money laundering (AML) and counter-terrorism financing (CTF) frameworks.” “Leaving the gray list will enhance investor trust and financial stability. The Philippines has improved inter-agency collaboration and executed extensive reforms,” he elaborated. “Nonetheless,…

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Bitcoin

Bitcoin Futures Leverage Ratio Indicates Decreased Volatility – Is the Era of Quick Liquidations Coming to an End?

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Bitcoin is maintaining its position above the critical $95,700 mark, an important demand area that sellers have consistently failed to breach. This price point has offered robust support, deterring further declines despite the persistent uncertainty within the market. Nonetheless, investor sentiment is beginning to change as irritation mounts regarding Bitcoin’s sluggish progression. Many had anticipated a more fluid bullish rally, yet BTC continues to oscillate within a narrow range beneath the $100K threshold. Market exhaustion is becoming apparent as both bulls and bears grapple for dominance, resulting in diminished volatility. Concurrently, new information from CryptoQuant indicates that the Bitcoin Futures…

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Ethereum

Critical Security Warning: DoS Threat Detected in Soft Fork Protocol

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Impacted configurations: geth 1.4.8 Probability: High Impact: High Information: A vulnerability has been discovered in the newly launched implementation of the DAO soft fork. The activation script in geth (as well as other clients) permits the execution of EVM code up to the block gas limit without incurring gas fees. This may hinder mining activities and obstruct the addition of valid transactions. The soft fork will remain disabled if the gas limit for block 1800000 exceeds 4000000 gas (i.e., if the community vote to implement the fork does not pass). In such a scenario, the exploit cannot be executed. Impact…

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Bitcoin

ADA Charts Shift to Bearish Sentiment – Technical Signals Suggest Continued Declines

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My name is Godspower Owie, and I was born and raised in Edo State, Nigeria. I grew up alongside my three siblings who have consistently been my role models and guides, assisting me in maturing and comprehending the intricacies of life. My parents are essentially the foundation of my narrative. They have always stood by me through both joyful and challenging moments, never abandoning me whenever I feel adrift in this world. Honestly, having such incredible parents provides a sense of safety and security that I wouldn’t exchange for anything else in existence. I became acquainted with the cryptocurrency realm…

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Economy and markets

CoA Achieves International Standards Certification, Equivalent to ISO Recognition

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The Commission on Audit (CoA) has finalized the repeated self-evaluation of its methodologies and practices against global benchmarks utilizing the Supreme Audit Institutions (SAI) Performance Measurement Framework (PMF) by submitting the SAI Performance Report to the International Organization of Supreme Audit Institutions (INTOSAI) Development Initiative (IDI). As a result, the CoA achieved an Independent Review Statement from an impartial assessor designated by the IDI. The INTOSAI SAI PMF and the Independent Review Statement are regarded by the Inter-Agency Task Force on the Harmonization of National Government Performance Monitoring, Information and Reporting Systems as equivalent to the ISO 9001-aligned Quality Management…

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