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Crypto celebrity McAfee stops touting ICOs, citing US`SEC threats’

One of the world’s most prominent promoters of initial coin offerings is calling it quits. John McAfee, the anti-virus software pioneer turned cryptocurrency evangelist, said...

No letup for bitcoin as biggest cryptocurrency extends collapse

Bitcoin extended losses, bringing its four-session slide to as much as 20%, as questions mount about whether the world’s biggest cryptocurrency was manipulated during...

Crypto attacks are rising as rogue miners exploit flaw

One of the most-feared quirks of cryptocurrencies is becoming more of a headache. Over the past few weeks, rogue operators of some of the computer...

BusinessWorld Economic Forum 2018 tackles realities of disruption

Last May 18, BusinessWorld, the most read and most respected business newspaper in the Philippines, triumphantly staged the third edition of its annual BusinessWorld...

Philippine blockchain association launched

THE BLOCKCHAIN Association of the Philippines (BAP), one of the first blockchain-related organizations in the country, has been launched to harness and develop its use cases in the country, including the banking sector.

South African trader AWOL in $80 million bitcoin ‘scam’

Johannesburg, South Africa -- An alleged bitcoin currency scam in South Africa has left speculators with losses of more than $80 million as an...

Singapore warns eight crypto exchanges as scrutiny increases

Singapore warned eight cryptocurrency exchanges about their activities in the city-state as regulators around the world step up scrutiny of digital-asset trading. The platforms, which...

Bitcoin a shadowy new realm as US weighs security clearances

As the Pentagon struggles to recruit a more tech-savvy workforce, it’s facing the confusion of many an old-timer: What to make of people who...

Bitcoin’s biggest rival faces overhaul as computing power rises

A fight is on for the soul of Ether. With a market capitalization of $73 billion, the biggest cryptocurrency after Bitcoin has been hailed as...

A $133 million bet on a cryptocurrency designed to be boring

Digital currencies are risky, volatile investments, and that’s what speculators love about them. But a group of Silicon Valley venture capitalists and Wall Street...

SEC issues warning against 14 online cryptocurrency scams

The Securities and Exchange Commission (SEC) warned the investing public against 14 investment scams found online, including entities riding on the growing popularity of...

Barclays sounds out clients on trading cryptocurrencies

BARCLAYS PLC has been gauging clients’ interest in the British bank starting a cryptocurrency trading desk, potentially joining Goldman Sachs Group Inc. in pioneering...

While the world cracks down, Japan emerges as a crypto haven

Japan’s emergence as a global center for cryptocurrencies didn’t start with open-minded lawmakers or prescient investments by the country’s financial giants. Instead, it began...

Couple nabbed in P900-million bitcoin scam

The Criminal Investigation and Detection Group (CIDG) arrested a couple allegedly responsible for a multi-million scam involving the virtual currency bitcoin. The suspects, identified as...

Disruption Down the Road: What Banks Are Facing And What...

By Jonee C. Bilasano So much chatter has been going around regarding the state of the banking industry. Some say it is about to undergo...

Coming soon to your favorite casino: cryptocurrencies

Chips turning into Bitcoin is NOT an impossibility.

What the world’s governments are saying about cryptocurrencies

Getting your head around cryptocurrencies was hard enough before governments got involved. But now that policy makers around the world are drawing up fresh...

Bitcoin slumps after Japan warns major cryptocurrency venue

A regulatory rebuke for one of the world’s largest cryptocurrency exchanges is giving Bitcoin investors the jitters. Japan’s Financial Services Agency issued a warning to...

Top US regulator frets crypto markets could be full of manipulation

Add a top U.S. financial regulator to the list of people concerned that lightly policed cryptocurrency markets make easy targets for manipulators. Warding off market...

Bitcoin pop culture moment fades as fad gives way to regulators

Suddenly, Bitcoin seems a bit boring. It might be hard to believe. But after the 1,400 percent rally of 2017, with wild swings along the...

Bill seeks to impose stiffer penalties on cryptocurrency-related crimes

Senator Leila M. De Lima on Tuesday, March 13, has filed a bill seeking to impose stiffer penalties for crimes involving cryptocurrencies, such as...

Web vulnerabilities in 2017 surge 212% — study

The number of web application vulnerabilities soared to an alarming rate in 2017, with more than a third these vulnerabilities unsolvable by any software fix,...

Bitcoin and cryptocurrencies: what you need to know

By Mark T. Amoguis, Researcher So far, 2017 was Bitcoin’s best year. From around $450 per unit in May 2016, it shot up to almost...

SEC prepares guidelines on initial coin offerings

By Arra B. Francia, Reporter THE Securities and Exchange Commission (SEC) will be releasing within the year guidelines for companies seeking to conduct initial coin...

Cryptocurrency sector braces for tougher regulations as use surges

By Krista Angela M. Montealegre National Correspondent THE CRYPTOCURRENCY ECOSYSTEM is gearing up for tighter regulatory scrutiny, as market players tout the potential of the Philippines...

UBS chair sees possible ‘massive’ bitcoin correction

UBS GROUP AG Chairman Axel Weber said the Swiss bank won’t trade Bitcoin or offer it to retail clients as increased regulation could lead...

Goldman sees cryptocurrencies, credit shadowing robust 2018 US economy

FINANCIAL IMBALANCES including those in credit markets and cryptocurrencies will shadow an otherwise robust 2018 US economy, said Goldman Sachs Group, Inc. economist Jan...

BSP studying applications from players eyeing to set up virtual currency...

THE Bangko Sentral ng Pilipinas (BSP) is evaluating 12 applications from new players looking to set up virtual currency exchanges in the country amid...

Too soon to assess risks of central bank-issued cryptocurrencies: Bank for...

LONDON — It is too soon to determine whether central banks should issue their own cryptocurrencies, the Bank for International Settlements (BIS) said on...

Two bitcoin exchanges now under BSP oversight

By Melissa Luz T. Lopez, Senior Reporter THE BANGKO SENTRAL ng Pilipinas (BSP) now oversees the operations of two bitcoin platforms, which comes after it...