Tether Implements USDT Social Security Payments for Filipinos
Tether, the world’s largest stablecoin issuer, has implemented a new crypto payment option for Filipino citizens to let them pay their Social Security System (SSS) contributions in USDT. The Social Security System in the Philippines is a state-run social insurance program that benefits employees in the informal, formal, and private sectors. The Social Security System […]
Blockchain Security Firm CertiK Moves Services to Alibaba Cloud
CertiK has transferred its cloud infrastructure in Asia to a cloud computing subsidiary of Alibaba to enhance blockchain development security and resource efficiency. CertiK will utilize Alibaba Cloud’s cloud resources to offer Web3 services and host its suite of 12 blockchain applications as part of the agreement. CertiK endeavors to offer its blockchain developers a […]
Amber Japan Rebrands to S.BLOX, Expands Crypto Trading
Amber Japan, a Sony Group Subsidiary Amber Japan, rebrands to S.BLOX, and expands crypto trading as of July 1. Known for managing the crypto trading service WhaleFin, the Tokyo-based company intends to collaborate with various Sony Group businesses to expand its crypto trading operations. WhaleFin’s rebranding results from its acquisition by Quetta Web, a wholly-owned […]
Risks in Yield Farming: Impermanent Loss Explained
In Yield farming, investors earn rewards by providing liquidity to various pools, but it has risks, one of which is impermanent loss. Yield farming has rapidly gained popularity in the decentralized finance (DeFi) space as a means to earn passive income. This article delves into yield farming and the concept of impermanent loss, its causes, […]
Crypto Can Aid Unbanked Population – Nigeria’s SEC DG
Emomotimi Agama, the Director General of SEC in Nigeria, has emphasized the potential of crypto to provide substantial benefits to the country’s unbanked population. According to local news outlets, Agama predicted that Nigeria’s cryptocurrency market would reach $52.5 million by 2028 during the 2024 Annual Conference of the Association of Capital Market Academics of Nigeria. […]