“`html By Kenneth Christiane L. Basilio, Journalist A HOUSE of Representatives committee on Monday initiated the transfer of billions in flood control finances to the education and health sectors as they commenced amending the proposed P6.793-trillion national budget for 2026. The House sub-committee on Budget Amendments Review diverted P255 billion in flood control financing initially designated for the Public Works department next year towards the Health and Education departments, in accordance with President Ferdinand R. Marcos, Jr.’s appeal to bolster human capital growth. “We aim to guarantee that we can redistribute it in such a way that the budget will…
Autore: wsjcrypto
“`html Almost three years following the downfall of the crypto exchange FTX, legal confrontations involving its executives and their affiliates continue to develop. This week, Michelle Bond, the partner of former FTX Digital Markets co-CEO Ryan Salame, is set to return to court for an evidentiary hearing regarding her criminal case.In a Sunday submission in the US District Court for the Southern District of New York (SDNY), Bond’s legal representatives requested a federal judge to permit her testimony despite objections from prosecutors.On Friday, prosecutors had contended that it was improbable Bond would provide testimony pertinent to Salame’s plea agreement which…
“`html The expenses of operating the UK’s gambling authority have doubled over the past year as it braces for a high-stakes legal battle concerning the granting of the National Lottery license. Recently submitted financial statements reveal that the Gambling Commission’s expenditures related to the National Lottery skyrocketed to £28.8m in the year ending March, an increase from £14.4m the previous year. This rise reflects escalating legal expenses as the authority readies to defend itself against a £1.3bn compensation lawsuit from publishing magnate Richard Desmond. Desmond, 73, is taking legal action against the Commission following his company’s unsuccessful attempt to secure…
“`html Trusted Editorial material, evaluated by prominent industry specialists and experienced editors. Ad Disclosure In spite of weekly enthusiasm, XRP has fallen below the $3 threshold once more, exasperating its community as the token lags behind wider market patterns. Presently, it is trading around $2.90, having decreased over 4% in the last 24 hours, with a market capitalization of about $173 billion. Despite a landmark U.S. spot XRP ETF introduction and Ripple’s enhanced connections with Spain’s BBVA bank, the token has not been able to maintain upward momentum. Experts now contend that XRP’s sluggish performance can no longer be attributed…
“`html Viewpoint by: Eran Barak, CEO at Shielded TechnologiesFor over a decade, cryptocurrency in the US has dwelled in a legal ambiguous area. Regulators have fluctuated between inaction and abrupt interventions, leaving creators, investors, and organizations frozen with uncertainty.In 2025, this began to shift. The SEC dismissed its lawsuit against Binance, acknowledging the necessity for more definitive regulations. The Senate approved the GENIUS Act, establishing a national framework for stablecoins. The chances of the CLARITY Act being enacted are high.Even the White House has altered its position, retracting guidance that discouraged employers from incorporating crypto into retirement plans. An executive…
“`html The cryptocurrency sector encountered a severe upheaval as Bitcoin fell below the $115,000 threshold and Ethereum dipped under $4,500, undoing weeks of optimistic trends. What began as a phase of careful hope swiftly transformed into a torrent of fear-driven selling, leaving bulls in a difficult position to reclaim authority. The abrupt correction has thrust the market into a fresh, unpredictable stage where trust is being challenged, and short-term fluctuations are overshadowing sentiment. Related Reading Leading analyst Maartunn emphasized one of the primary catalysts behind the decline: an excessively leveraged derivatives market. In the preceding 24 hours alone, the cryptocurrency…
“`html By Jay Ann Bonghanoy In the realm of financing, deals frequently take precedence. Yet for Global Dominion, success is characterized by its influence on individuals’ lives. Driven by the conviction that genuine advancement is founded on service and development, the corporation has emerged as a reliable ally for Filipinos across the nation. From the instant a customer enters a branch or interacts with a Customer Service Representative, Global Dominion aims to provide a level of “malasakit” that transcends conventional financing. Every engagement is grounded in empathy, making certain that clients feel acknowledged, appreciated, and supported. This service-oriented ethos has…
“`html The Ronin Treasury is aiming to repurchase over $4 million in RON tokens from the open market to diminish the circulating supply of the token, potentially resulting in price increases.The gaming-centric blockchain Ronin Network declared on Sunday that it shall commence converting all its Ether (ETH) and USDC (USDC) reserves into RON over a month-long period, beginning on Sept. 29.The repurchases will augment the quantity of Ronin (RON) in the treasury while reducing the quantity of Ronin tokens available on the market. Presently, 693 million out of a total of 1 billion tokens are circulating, positioning Ronin with a…
“`html Rachel Reeves is facing increasing pressure from leading policymakers and economists to focus on affluent retirees and property owners with new taxes as she aims to stabilize public finances ahead of November’s Budget. In a correspondence addressed to the Chancellor, endorsers including Lord Gus O’Donnell, the previous cabinet secretary, and Lord Jim O’Neill, the former Treasury minister, asserted that the government ought to overhaul property and wealth taxes to guarantee “better-off older adults” contribute more significantly to financing health, social care, and pensions. The letter, which also included prominent economists Mariana Mazzucato, Mohamed El-Erian, Sir Anton Muscatelli, Simon Wren-Lewis,…
“`html Approximately a fourth of all Bitcoin is vulnerable to the threat of a quantum assault, associated with public keys that have been disclosed on the blockchain. However, if such a large portion of the supply is at risk, it prompts a more profound question: is the confidence in Bitcoin’s overall security framework compromised? Picture waking up, checking your device, and discovering your bitcoin balance stands at zero. Not just your cold storage, but also your exchange balances. Vanished. Within a night, countless UTXOs depleted in a discreet, synchronized assault. It may seem drastic, yet this kind of occurrence would…