Despite a challenging backdrop with rising rates and falling stock prices, real-world adoption of crypto is continuing, with developing countries known for depreciating fiat currencies having the highest levels of crypto adoption worldwide, a new report from DappRadar has said…. Read More: Crypto Adoption Continuing in Developing Countries Despite Price Drop Read more »Pay,…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Crypto Trading Volume Falls for Sixth Month, US GDP Disappoints + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Voyager reportedly plans to integrate cryptocurrencies, micro investments and insurance products into PayMaya, which already includes a digital wallet. Voyager Innovations, the firm behind the Philippines’ top digital payments app Paymaya, has announced it has achieved unicorn status after a recent round of funding, surpassing a $1 billion valuation. Voyager Innovation announced Tuesday that the…
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With the new feature, PayMaya intends to make it simpler for Filipinos to learn about and use cryptocurrencies. Philippines-based major fintech company PayMaya has reportedly launched a new cryptocurrency feature on its app, following in the footsteps of PayPal, Venmo and others. According to TechInAsia, PayMaya users will be able to trade, purchase, and spend…
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The relief fund has been used to purchase essential goods like medicines, power generators, and canned food for affected communities in the Philippines. Yield Guild Games (YGG) has raised $1.45 million to support people affected by December 16’s Typhoon Odette in the Philippines, with nearly $1 million already dispersed to people in need. The funding…
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“Yesterday, since there was no power, I took the time to visit my relatives in one of the badly hit towns. It’s sad to see people losing their houses, family members, and livelihood. If you have time to search Bais City and Manjuyod in Negros Oriental, you’ll see the devastating aftermath. It’s like the apocalypse,”…
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This year, the Sky Mavis-crafted blockchain game Axie Infinity has seen incredible growth and has recently surpassed $3 billion in all-time sales. However, researchers at Naavik explain in a recent study that Axie Infinity players called ‘scholars’ are seeing daily earnings drop, and many have seen earnings dip below the minimum wage line of countries…
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Governments in Asia are quickly researching or implementing CBDCs. What does this mean for the region’s overdependence on the U.S. dollar? The rapid growth of mainstream attention toward cryptocurrencies has forced the hands of numerous governments to create their digital alternatives. Over the past few years, interest from various jurisdictions has been pointed towards central…
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The new ASEAN Blockchain Consortium aims to engage with regulators to ensure compliance and raise industry awareness. Blockchain associations from Australia and five Southeast Asian nations are joining forces to promote blockchain development and education. Blockchain organizations from Australia, Singapore, Malaysia, Thailand, Indonesia and the Philippines signed a memorandum of understanding Thursday to promote blockchain…
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An apparent “glitch” on PDAX temporarily dropped BTC prices by 88% and saw trading suspended. The exchange held a press conference yesterday to explain what happened. One of Southeast Asia’s biggest crypto exchanges is blaming a technical glitch for the price of Bitcoin dropping down to 300,000 PHP, roughly $6,100, on Feb. 16. An unknown…
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