Author: CryptoGlobeToday.com
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to Department of Information and Communications Technology (DICT) Sec. Henry Aguda, the government is taking concrete steps to test whether blockchain can make the Philippine national budget more open and traceable. He told the Malacañang Press Corps that a working prototype will be shown to senators and representatives to prove the idea can work. The move comes as lawmakers push a bill that would put budget documents and transaction records on a distributed ledger for public verification. DICT Moves To Build Prototype Aguda said the country…
Fasial Tariq, co-founder of Paradox Metaverse dubbed a “Ponzi” by crypto investigator Coffeezilla, has been linked to what UK authorities call the world’s largest seizure of illegal weight-loss drugs. Summary UK authorities seized £250K in illegal weight-loss drugs linked to a crypto gaming founder. Fasial Tariq was tied to companies operating from the raided Northampton facility. Coffeezilla previously labeled Paradox Metaverse a Ponzi after investigating the project. The Medicines and Healthcare Products Regulatory Agency raided an industrial estate unit in Northampton. They seized retatrutide (nicknamed the “Godzilla” of weight loss jabs) along with £20,000 ($27,000) in cash, raw chemical ingredients,…
According to CryptoSlam data, NFT sales volume has plunged by 27.65% to $62.58 million, down from last week’s $88.29 million. Summary NFT volume fell nearly 28% as buyer and seller counts dropped more than 75% week over week. Ethereum held top chain spot while Bitcoin NFT sales crashed over 65% in the past week. CryptoPunks led collections even as overall NFT activity hit multi-week lows. Market participation has crashed, with NFT buyers plummeting by 82.75% to 60,985 and sellers collapsing by 77.69% to 56,228. NFT transactions fell by 23.64% to 690,550. This bearish performance is happening as Bitcoin (BTC) price…
TLDR: Swift plans blockchain ledger connecting 11,500 institutions across 200+ countries for tokenised assets Standard Chartered confirms digital finance reaches tipping point as pilots transition to mainstream Over 30 financial institutions collaborate on settlement models and governance for interoperability New infrastructure complements existing systems rather than replacing traditional payment rails Swift and Standard Chartered Bank revealed plans to extend financial infrastructure into blockchain-based ledger technology at Sibos 2025. The initiative aims to connect tokenized assets across global networks. Thierry Chilosi and Michael Spiegel outlined how digital finance is transitioning from pilot programs to mainstream adoption. Building Global Infrastructure for…
In 2025, bitcoin reserves on exchanges fell sharply, signaling a shift toward long‑term custody by institutions, though experts warn this metric is no longer a reliable price indicator. The Great Exchange Exodus: A Shift to Long-Term Custody In 2025, bitcoin underwent a series of fundamental shifts, transitioning from a speculative risk-on asset into a core […] Source link
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Standard Chartered CEO Bill Winters expects every transaction to one day run on blockchain, calling it a “complete rewiring” of global finance. Standard Chartered CEO Believes Blockchain Will Host All Money Eventually As reported by CNBC, Bill Winters talked about the future of finance and Hong Kong’s role in the global digital assets space at a Hong Kong FinTech Week panel on Monday. “Our belief, which I think is shared by the leadership of Hong Kong, is that pretty much all transactions will settle on blockchains eventually,…
Dogecoin started a major increase above $0.1520 against the US Dollar. DOGE is now consolidating and might decline if it trades below $0.140. DOGE price started a fresh increase above $0.1480 and $0.1520. The price is trading below the $0.150 level and the 100-hourly simple moving average. There is a contracting triangle forming with resistance at $0.150 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could aim for a fresh increase if it remains stable above $0.140. Dogecoin Price Consolidates Gains Dogecoin price started a fresh increase after it settled above $0.1420, like Bitcoin…
Polymarket, a decentralized prediction market platform, has implemented trading fees on its short-duration cryptocurrency price markets, according to company announcements. Summary The decentralized prediction market has introduced fees on short-duration crypto price markets and on its Polymarket US app, marking a shift away from its long-standing zero-fee model. Under the new schedule, takers on the Polymarket US app will pay 1 basis point (0.01%), with fees also applied to 15-minute cryptocurrency markets. The move establishes Polymarket’s first direct source of revenue as it expands into more mainstream trading markets through its US app, which is currently in private beta. The…
TLDR The Senate Agriculture Committee plans to hold a markup and vote on crypto legislation next Thursday. The Senate Banking Committee has scheduled a hearing for January 15 to discuss the same crypto bill. Both committees must pass identical legislation before the full Senate can vote on the crypto framework. The final legislative text has not been released and may not be ready before the scheduled hearings. Democrats have raised ethics concerns involving former President Trump’s family ties to crypto firms. The Senate Agriculture Committee plans to hold a markup and vote next Thursday on crypto market structure legislation, Punchbowl…
India is still buying Russian oil while asking the United States to remove a 25% tariff placed on Indian goods. At the same time, New Delhi has been telling Washington that volumes have fallen. Both tracks are running together. The request reached the White House through political channels. On Sunday, U.S. Senator Lindsey Graham said India’s ambassador to the United States, Vinay Mohan Kwatra, asked him to speak to President Donald Trump. Graham said Kwatra told him India had reduced its intake of Russian oil and wanted relief from the tariff. Trump is the sitting president in 2025. Meanwhile, U.S.…