Philippine banks collaborate to launch PHPX stablecoin on Hedera
Philippine banks are collaborating to launch the PHPX stablecoin for real-time remittances, leveraging Hedera’s DLT network and cross-border payment solutions.
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Swiss state-owned bank PostFinance launches ETH staking
PostFinance, which serves around 2.7 million customers across Switzerland, says it will allow people to stake starting from just 0.1 Ether.

Price analysis 7/19: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin turned up sharply and broke above the overhead resistance, indicating the resumption of the upmove toward $70,000.

Stockholm IT Ventures AB Subsidiary Partners With Valens Bank for “Crypto Fund Trading”
Stockholm IT Ventures AB (SITV), a Swedish company specializing in cryptocurrency and blockchain technology, has announced its subsidiary has finalized a software license agreement with Valens Bank, according to the official August 22 press release. The agreement between Blocktrade Technology Ltd. (BTT), a subsidiary of SITV, and the German Valens Bank will allow the “multi-currency…

Woman Arrested for Stealing $480,000 From Crypto Exchange She Co-Founded
A woman was arrested in Bengaluru, India on March 17 for allegedly stealing 63.5 Bitcoins (BTC) from Bitcipher Labs — a cryptocurrency exchange that she had previously co-founded. The thefts took place on January 11 and March 11 respectively, resulting in $480,000 worth of BTC being stolen from Bitcipher. Bitcipher co-founder steals $480,000 in BTCAyushi Jain, the…

Former SEC official predicts regulator ‘will lose on the merits’ of case against Ripple
Joseph Hall believes that the SEC is not yet equipped to handle litigation in cases concerning cryptocurrencies as securities yet, making it hard to win the case against Ripple. 935 Total views 14 Total shares A former executive from the Securities and Exchange Commission believes the regulator has a good chance of losing its $1.3…

Chainlink Brings Verifiable Randomness to Ethereum
On May 11, Chainlink (Link) announced the launch of a verifiable random function (VRF) that enables generation of on-chain trusted randomness. Ii is undergoing security review on the testnet where it is available for integration testing. Initially, it will work with the Ethereum (ETH) blockchain.Benefits to gamingAlthough this may sound like something that only mathematicians…

US lawmaker criticizes SEC enforcement director for not going after ‘big fish’ crypto exchanges
Representative Brad Sherman said the SEC's enforcement case against Poloniex was like going after "small fish" compared to major exchanges which may include Kraken and Coinbase. 67 Total views 1 Total shares Brad Sherman, the congressperson who previously called for banning cryptocurrencies in the United States, criticized the Securities and Exchange Commission’s approach to enforcement…

NFTs Gaming CEO apologizes for losing 12% of startup capital through crypto trading
0xfanfaron has vouched to personally compensate the firm's treasury for all trading losses. 371 Total views 8 Total shares According to a recent blog post, 0xfanfaron, CEO of nonfungible tokens (NFTs) gaming project Ragnarok, apologized publicly for his missteps in leading the company. Ragnark is a crypto startup that brought in $15.5 million worth of…