Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas has no commercial relationship with any mentioned entity unless otherwise stated. 📬 Get the biggest crypto stories in the Philippines and Southeast Asia every week — subscribe to the BitPinas Newsletter. DICT Undersecretary for E-Government David Almirol will join the…
Resolv Labs halted its decentralized finance ( DeFi) protocol early Sunday morning after an exploit allowed an attacker to mint tens of millions of unbacked USR stablecoins, sending the token sharply off its dollar peg. What Caused the Resolv Labs Hack and USR Depeg? The incident struck the Resolv DeFi platform, which offers yield strategies…
A measure would seek to smooth things over in Congress as President Luiz Inácio Lula da Silva shifts gears in anticipation of the upcoming elections. Dario Durigan, the recently confirmed Economy Minister, will focus on other issues to avoid losing further support from lawmakers. Crypto Taxation Plans Delayed as Lula Shifts Into Election Mode While…
An amendment to Kentucky’s House Bill 380 has sparked controversy for proposing to impose strict requirements on hardware wallet providers. Spotlight Shifts to Hardware Providers A last-minute amendment to a Kentucky regulatory bill has ignited a fierce debate between state lawmakers and the cryptocurrency industry, with advocates warning the proposal could effectively outlaw self-custody in…
South Korea’s National Tax Service (NTS) is moving to hand off seized virtual assets to private custody providers after a recent security lapse exposed the risks of doing it in-house. Korea Tax Authority Fast-Tracks Crypto Custody Selection The agency is reportedly working to select a qualified custody firm within the first half of the year,…
Crypto scammers are increasingly exploiting trusted institutions like the FBI to deceive users, using fake Tron-based tokens and urgent messaging to steal sensitive data while losses across digital asset fraud surge into the billions. FBI Issues Warning Raising Alarm Over Expanding Crypto Scam Threat The Federal Bureau of Investigation (FBI) New York field office warned…
Bitcoin and the broader crypto economy slipped Saturday evening after President Donald Trump posted that the U.S. would obliterate Iran’s power plants if the Strait of Hormuz is not reopened within 48 hours. After holding a steady range above $70,000, BTC broke lower and touched $68,241 per coin. Trump’s Iran Threat Jolts Crypto Markets— Bitcoin…
Bitfarms shareholders have signed off on a sweeping corporate shift that relocates the company to the United States and repositions it as an infrastructure play for artificial intelligence (AI) and high-performance computing (HPC). Bitfarms Shareholders Approve Delaware Shift and KEEL Ticker Transition The vote, held March 20, delivered a near-clean sweep, with about 99.3% of…
Digital asset manager Grayscale has taken a formal step toward bringing Hyperliquid’s native token into U.S. markets, filing for a spot exchange-traded fund (ETF) tied to HYPE. Hyperliquid’s HYPE Token Draws ETF Attention From Grayscale Grayscale on March 20 filed a preliminary Form S-1 with the U.S. Securities and Exchange Commission (SEC) for the Grayscale…
U.S. stocks closed sharply lower Friday as war-driven energy costs and shifting rate expectations forced investors to rethink risk. S&P 500 Hits 2025 Low U.S. equities extended their slide for a fourth straight week on Friday, with all major benchmarks finishing firmly in the red as geopolitical tension and inflation pressure converged. The Nasdaq Composite…
