Coins.ph Launches PHPC on Ronin Network
Coins.ph has launched the PHP Coin (PHPC) on the Ronin Network, aiming to cut transaction costs and boost user efficiency beyond Ethereum. The shift leverages Ronin’s scalability and reduced fees, enhancing the Philippine-based platform’s transaction offerings for BSP-approved PHPC. This launch aims to meet the rising demand for affordable blockchain solutions in the Philippines. (BitPinas)
Hypersphere Unveils $130M Market Fund to Boost Crypto Investments
Crypto investment firm Hypersphere has introduced a $130 million market fund, targeting investments in DeFi, NFTs, and early-stage crypto projects. This fund supports innovation across the crypto ecosystem, focusing on emerging trends and promising ventures to expand its digital asset portfolio. (CoinDesk)
ECB Explores Blockchain MPC Technology for Improved Financial Privacy
The European Central Bank (ECB) is exploring blockchain-based Multi-Party Computation (MPC) to improve financial privacy while aligning with regulatory requirements. Using MPC, the ECB aims to fortify digital payments' privacy, highlighting blockchain's growing role in secure, private banking solutions (Cointelegraph)
YGG Roadtrip Manila Sets Stage for Play-to-Earn Expansion
YGG’s Manila Roadtrip, concluding at Ayala Malls Trinoma, underscored blockchain’s impact on gaming. Featuring partner Coins.ph, the event focused on NFTs, game development, and play-to-earn gaming, promoting community education and decentralized economic opportunities. (BitPinas)
Dorsey's Block Partners with Core Scientific for Bitcoin Mining Chip Project
Jack Dorsey’s Block has partnered with Core Scientific to develop advanced, energy-efficient Bitcoin mining chips. This collaboration targets environmental sustainability, creating ASIC chips that optimize performance while reducing energy consumption, pushing forward eco-friendly blockchain tech. (The Block)
StarkNet Proposes Staking Mechanism to Enhance Layer 2 Ecosystem
StarkNet has proposed a staking mechanism to strengthen security and decentralization within Ethereum's Layer 2 by 2024. This initiative invites stakeholders to lock up tokens and validate transactions, aiming to improve network reliability and encourage a more robust, scalable infrastructure. (Coindesk)
Solana ETF Optimism Boosts SOL Price Prediction
Market speculation about a potential Solana ETF has increased investor interest, driving up SOL’s price predictions. With institutional interest in Solana’s DeFi and Web3 applications, an ETF could attract more capital, solidifying Solana’s position as a top blockchain platform. (BeInCrypto)
Crypto Industry Forms Blockchain Security Standards Council
The crypto industry has created the Blockchain Security Standards Council (BSSC) to establish cybersecurity standards. With plans to work with regulators and stakeholders, the BSSC aims to create a safer, more trustworthy blockchain environment, fostering user confidence and adoption globally. (Blockworks)
