In a BitPinas webcast, web3 thought leaders Eliezer Rabadon of DvCode and Jopet Arias of TLYR Collective expressed positive feedback on the rollout of cryptocurrency offerings at the traditional bank UnionBank (UB). Both Rabadon and Arias commented that as UnionBank users themselves, they immediately checked if they had the crypto feature upon reading the news…
A new report by blockchain compliance firm Bitrace has revealed that $649 billion in stablecoin transactions passed through high-risk addresses in 2024. The figure accounts for slightly more than 5% of all stablecoin activity for that year, which, while a slight decline from 2023’s numbers, remains alarmingly higher than levels seen in 2021 and 2022….
A research facility within the US National Institutes of Health that is tasked with studying Ebola and other deadly infectious diseases has been instructed by the Trump administration’s Department of Health and Human Services (HHS) to stop research activities. According to an email viewed by WIRED, the Integrated Research Facility in Frederick, Maryland was told…
A Federal Reserve survey naming the trade war and U.S. debt as the economy’s top threats has prompted veteran investor Clem Chambers to warn of an overlooked supply-chain squeeze that could jolt markets. Inflation Time Bomb: Fed Printing Could Send Prices Soaring, Says Chambers Chambers, chief executive of Online Blockchain, told Kitco News Anchor Jeremy…
U.S. stocks closed mixed on Wednesday, wrapping up a turbulent April marked by economic contraction and trade policy uncertainty. The S&P 500 rose 0.15%, the Nasdaq Composite lost .086%, and the Dow Jones Industrial Average gained 141 points after new data showed the U.S. economy shrank for the first time since 2022. According to the…
Artificial intelligence is not just infiltrating the startup world. Now, credit card giants Visa and Mastercard are getting into the AI game. Visa announced on Wednesday “Intelligent Commerce,” which it says enables AI “to find and buy.” AI agents will be able to shop and make purchases on behalf of consumers, based on preselected preferences….
Key Takeaways Ripple Labs made an unsuccessful $4 billion to $5 billion bid to acquire Circle Internet Financial. Circle focuses on its IPO and rejected the offer as too low given its USDC market value of $61.7 billion. Share this article Ripple Labs attempted to acquire Circle Internet Financial, the company behind the USDC stablecoin,…
Meta has spent the better part of a year integrating Meta AI with Facebook, Instagram, WhatsApp, and its other existing services, but hadn’t yet launched a standalone experience for Meta AI fans. That all changed yesterday at LlamaCon, the company’s inaugural AI developer conference, when the company finally launched the Meta AI app. The new…
Phoenix Group has expanded its Bitcoin mining operations in Ethiopia, securing an additional 52 megawatts, bringing its total capacity there to 132 megawatts and surpassing 500 megawatts globally across five countries. Development of New Site to Be Conducted in Stages The Abu Dhabi-based bitcoin miner, Phoenix Group, has secured an additional 52 megawatts (MW) of…
Amidst fear of losing ground to global fintech hubs, the UK has announced new draft regulations for the crypto sector. On 29 April 2025, Finance Minister Rachel Reeves said, “Through our Plan for Change, we are making Britain the best place in the world to innovate – and the safest place for consumers. Robust rules…
