Offering blockchain-based assets to traditional investors, crypto exchange OKX and multinational bank Standard Chartered launched a joint collateral mirroring program, which allows their clients to utilize crypto and tokenized money market funds as off-exchange collateral for trading. The program is currently in a pilot test under Dubai Virtual Asset Regulatory …
Read More »Solana Co-Founder Says There’s No Need for L2s: “L1s Can Be Faster, Cheaper, and More Secure”
“There is no reason to build an L2. L1s can be faster, cheaper, and more secure.” That was the response from Solana co-founder Anatoly Yakovenko after X user @ripdoteth claimed that layer-two networks can be faster, cheaper and more secure, and are just being slowed down by layer-one networks. “They …
Read More »Soneium Clarifies Collaboration with LY Corp. Japan Amid LINE Partnership Confusion
Following a recent announcement implying a partnership between Soneium and LINE to integrate mini-apps onto the Soneium blockchain, Soneium issued a clarification stating that while no formal agreement exists with the subsidiary LINE NEXT, there is an active collaboration with LY Corp. through its LY HQ in Japan. Soneium Clarifies …
Read More »Quick Take: Nearly $900M Crypto Liquidations Amid Global Market Turmoil
The crypto market saw massive liquidations of approximately $888 million (₱51.5 billion) over the past 24 hours. Bitcoin (BTC) led with $308.64 million liquidated, followed by Ethereum (ETH) at $258.12 million. Major altcoins like Solana (SOL) and XRP also saw significant liquidations of $44.18 million and $29.12 million. The global …
Read More »Crypto News You May Have Missed This Week | April 5, 2025
From multiple NFT marketplaces shutting down to crypto hacks, here’s a roundup of the top crypto stories you may have missed. Illinois Drops Lawsuit Against Coinbase Illinois has dropped its lawsuit against Coinbase regarding the exchange’s staking services, making it the fourth state to do so in recent weeks. Vermont, …
Read More »Celebrity Marvin Agustin Turns Fishballs into NFTs For Philippine Blockchain Week 2025
In collaboration with the upcoming 2025 run of the Philippine Blockchain Week (PBW), actor and restaurateur Marvin Agustin has introduced “FishBlock,” a blockchain-themed fishball dish bundled with non-fungible tokens (NFTs). FishBlocks: Food with a side of NFT Marvin Agustin during Philippine Blockchain Week 2025 Press Conference Unveiled at the PBW …
Read More »PDAX Celebrates 7 Years: Key Milestones, Innovations, and What’s Next for the Crypto Exchange
As the Philippine Digital Asset Exchange (PDAX) celebrates its seventh anniversary, the platform has, via its social media pages, reflected on a journey marked by innovation, partnerships and a growing user base in the country’s booming crypto industry. In this article, here’s a look at seven major milestones and what’s …
Read More »Crypto News You May Have Missed This Week | March 29, 2025
From U.S SEC resolutions to Studio Ghibli memecoins, here are the news you may have missed this week. Polymarket Integrates Solana Polymarket recently introduced Solana (SOL) wallet deposits, aiming to lower transaction costs and improve accessibility for users. https://twitter.com/Polymarket/status/1904276054178718015 By integrating Solana’s fast and low-cost network, Polymarket can now offer …
Read More »Aptos Foundation Funds Hiraya Network to Boost Blockchain Talent and Startups in the Philippines
Aptos Foundation, which supports the development and growth of the Aptos blockchain, is funding Hiraya Network, a new initiative in the Philippines to discover local talent and support projects that will eventually build within the Aptos ecosystem. This was revealed by Eli Becislao, co-founder of The BLOKC, the organization leading …
Read More »Quick Take: Binance Flags MOVE Market Maker for Irregular Trading, Freezes $38M in Profits
Binance has removed a market maker tied to the Movement (MOVE) token after identifying suspicious trading activity and connections to a previously banned entity. Despite only one day passing since the token’s listing, the market maker dumped tens of millions of MOVE tokens, reaping large profits with little market support. …
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